A term used to describe financial markets being controlled by groups of investors working together. Hedge funds oftentimes employ wolf hunting tactics to drive a company's stock into the ground by selling the stock short. They will also hunt consumer pocketbooks by driving the price of fundamental items such as oil through the roof.
by Brock Seyler November 2, 2008
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by paintsoft. January 19, 2009
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1/4" strip of beard -looks dumber than hell and way more trouble than shaving! popular with the latino circuit AKA:pencil beard
by michael foolsley December 14, 2009
Get the magic marker beard mug.(ECONOMICS) the administrative committee of the Federal Reserve System that actually administers monetary policy. There are 12 members of the FOMC.
The 12 members include all seven governors of the Federal Reserve Board (FRB).
In addition, representatives of each Federal Reserve Bank are eligible to serve on the FOMC. The FOMC implements sales/purchases of treasury securities (open market operations) in order to create credit at member banks. This is the process by which banks with FRS membership can create money. The difficulty of open market operations lies in ensuring that rates for short term securities remain lower than those for long term securities. Otherwise, monetary tightening cannot succeed in curbing inflation.
The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Historically, its president has often gone on to become either chairman of the Federal Reserve Board, or else Secretary of the Treasury (as, for example, Treasury Secretary Timothy Geithner). Nearly all bank holding companies have subsidiaries in the 2nd District, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a turn of the FOMC at any given time.
The 12 members include all seven governors of the Federal Reserve Board (FRB).
In addition, representatives of each Federal Reserve Bank are eligible to serve on the FOMC. The FOMC implements sales/purchases of treasury securities (open market operations) in order to create credit at member banks. This is the process by which banks with FRS membership can create money. The difficulty of open market operations lies in ensuring that rates for short term securities remain lower than those for long term securities. Otherwise, monetary tightening cannot succeed in curbing inflation.
The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Historically, its president has often gone on to become either chairman of the Federal Reserve Board, or else Secretary of the Treasury (as, for example, Treasury Secretary Timothy Geithner). Nearly all bank holding companies have subsidiaries in the 2nd District, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a turn of the FOMC at any given time.
The Federal Open Market Committee conducts transactions in treasury securities at the Open Market Window.
by Abu Yahya May 5, 2010
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I attempted to open and read a text file on my 'Marketing Computer', however, it instead opened a flash presentation using several buzzwords that didn't even relate to opening or reading my text file.
by Spackle7 June 11, 2008
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Gay Guy #2:Chill man, I'm just saying, she IS hot.
Gay Guy #2:Chill man, I'm just saying, she IS hot.
by FlannelPannel February 11, 2009
Get the Marker-Licker mug.When a person discovers a new fact that has quite been known for some time but recently perceives it to be true and proclaims the fact his discovery. The twist when the fact describes the person in reality.
James returned from the market and on his return he noticed that wearing hipster glasses is douchy. Little did he know he had markcepted himself as he was wearing the glasses himself. Markception.
by The French Silver Phoenix June 20, 2012
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