by Brady Hickman (I am Gay) August 1, 2003
Get the second to none mug.When a Manual Elephant Masturbator has had his or her First-Hand Experience, and is diligent enough to continue his or her practice, often he or she becomes further honored by the elephant assignment, and loses the other arm. This brings the elephant one step closer to Niggeria.
See also: Niggeria, Manual Elephant Masturbator, First-Hand Experience, Putting Your Best Foot Forward, Putting Your Best Feet Forward, and Giving it Your All.
See also: Niggeria, Manual Elephant Masturbator, First-Hand Experience, Putting Your Best Foot Forward, Putting Your Best Feet Forward, and Giving it Your All.
by Phil McCrackin and Faye Kinnitt January 27, 2005
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by happybear1117 May 20, 2017
Get the Second Harvest mug.the first soft-agressive-unmelodic-pop band to ever exist. ever. some call the band the first new-core band ever as well. both are acceptable.
the lead singer in second chance at redemption is extremely good looking, but the rest of the band is not.
by TBSavestheday January 13, 2004
Get the Second Chance at Redemption mug.by obed November 29, 2007
Get the 10 second car mug.The Second Amendment is the most American thing to exist. Anything involving it is abhorrently American.
Liberal: You shouldn't be able to buy a fully automatic machine gun that fires as fast as that
Any Other American: Shut the fuck up liberal, you Second Amendment denying piece of second cumming shit. The Second Amendment is all my reason to own my 50 Caliber Beowulf AR15
Any Other American: Shut the fuck up liberal, you Second Amendment denying piece of second cumming shit. The Second Amendment is all my reason to own my 50 Caliber Beowulf AR15
by ShardZer0 January 5, 2021
Get the The Second Amendment mug.(FINANCE) when a private equity fund sells a company it has taken private to another fund. Usually financed with junk bonds.
The secondary buyout became a hot trend in the period 2005-2008, partly because other segments of the equities markets were doing so poorly. The hedge funds were willing to buy the junk bonds because they believed they had mastered the risk control; but the deals themselves were absurd.
The whole purpose of a leveraged buyout is to restructure the target company so profits from its resale can be used to pay for the deal. But if a capital management firm has already issued the junk bonds to finance a restructuring, there's little hope of another takeover artist squeezing any more profit out of restructuring. The whole point is to scam the markets.
The secondary buyout became a hot trend in the period 2005-2008, partly because other segments of the equities markets were doing so poorly. The hedge funds were willing to buy the junk bonds because they believed they had mastered the risk control; but the deals themselves were absurd.
The whole purpose of a leveraged buyout is to restructure the target company so profits from its resale can be used to pay for the deal. But if a capital management firm has already issued the junk bonds to finance a restructuring, there's little hope of another takeover artist squeezing any more profit out of restructuring. The whole point is to scam the markets.
The sudden popularity of the secondary buyout never made any sense, except as a scam. As a vehicle for peddling exotic financial derivatives, it was mildly interesting, but there was no common sense to the idea of two consecutive takeover artists doing LBO's of the same company. One of them had to be incompetent for there to be any reason for it.
by Abu Yahya September 1, 2010
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