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3 definitions by econtutor

 
1.
A shorthand trader reference to "Vampire squid", most commonly used by traders when referring to American investment bank Goldman Sachs.
The squid really fucked us on that last CDO deal!
by econtutor October 17, 2011
 
2.
A disparaging nickname for the American mega-bank, J.P. Morgan.
Everyone who works at the morgue is a f*%&ing crook.
by econtutor October 12, 2011
 
3.
To sell or short sell a security upon an increase in price with the expectation that said price increase is a precursor to a larger decline in that asset.

Usage: finance, argot.
This is a sucker's rally, fade it.
by econtutor October 17, 2011