Wednesday, January 27, 2010

Daft financial acronyms and acrostics

  • DEBITS = Desperate Executives Broken by Insider Trading
  • EBITDA = Earnings Before I Tricked the Dumb Auditor
  • EBIT = Earnings Before Irregularities and Tampering
  • LOMBARD = Lots Of Money But A Right Dick
  • CEO = Chief Embezzlement Officer
  • CFO = Corporate Fraud Officer
  • NABRO = Not Another Bloody Regulatory Organisation
  • NAV = Normal Andersen Valuation
  • EPS = Eventual Prison Sentence
  • FRS = Fantasy Reporting Standards
  • P/E = Parole Entitlement
  • FIMBRA = Federation of Investment Malpractitioners and Big-time Rip-off Artists
  • ISA = Interesting Savings Alternative
  • ASB = Adding-up Silly Balances
Any more?
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