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3/8/09, 3:11 PM   #31
Re: The 2009 Depression Hits Kokomo Indiana
pgray
pgray is offline
Senior Member

Join Date: Aug 2007
Posts: 353
 

I think when you follow this economic crisis very closely and truly make an effort to understand the markets , this can be some interesting stuff.

You can also learn new words and terms.
Here are two of my favorites that you can use in dealing with your own financial crisis -

CREDIT EVENT

" I won't be able to pay you this week as my lack of money has triggered a credit event "

TRANCHE (...let's say you owe $300.00 - )
" I am only able to pay a partial tranche now with additional tranches later "

:O: