The study of the accounting practices and legislative influences of Enron and the direct effect it had on our financial institution.
(i.e. mark to market accounting, & the deregulation of energy)
(i.e. mark to market accounting, & the deregulation of energy)
Me to SitiBanc: Well I have on my mark to market accounts a profit of a million dollars, so I would like to apply for a loan, I need - oh, gosh, okay, 1.5 million will work for right now.
SitiBanc: Okay so mark to market - I haven't heard that accounting terms since Key Lay came in asking for 1 billion dollars...
Me to SitiBanc: Yes, I am familiar with Enronomics.
SitiBanc: Okay so mark to market - I haven't heard that accounting terms since Key Lay came in asking for 1 billion dollars...
Me to SitiBanc: Yes, I am familiar with Enronomics.
by Jessica Siewert June 11, 2008
Get the Enronomics mug.The only recorded instance of a true statement made by a member of the Bush dynasty was in 1980, when George H.W. Bush attacked Reagan's snake-oil economic disaster in the making by calling it "voodoo economics." He later ate those words when he became vice-president, began kissing up to reactionaries, and discovered how lucrative deregulation of the S&L's was to embezzlers like his sons Neil and Jeb.
by Jerry Miller April 20, 2007
Get the voodoo economics mug.by The Return of Light Joker October 23, 2011
Get the voodoo economics mug.1) System of record low taxes for the wealthiest and low, stagnant wages for the working poor leading the poor and middle class families and individuals to struggle make ends meet.
2) The preferred conservative economic system which essentially tell the the poor and middle class "piss on you!".
2) The preferred conservative economic system which essentially tell the the poor and middle class "piss on you!".
Former president Ronald Reagan and other conservatives praise their system of Trickle Down Economics, but what they really mean is "Tinkle Down Economics" - as in Piss On You poor and middle class people.
by Clem Gamble December 9, 2012
Get the Tinkle Down Economics mug.A rare breed of snake that is deeply concerned about the world economy. Often gives humans subliminal messages (i.e. invesment advice), and is very helpful, with an IQ ranging from 300-400. They eat spinach and enjoy table tennis.
by griffindork/flyingowl November 27, 2010
Get the Economicsnake mug.When the monetary authorities put a seemingly unlimited amount of money into the financial system in order to stimulate the economy; as if they were flying around in helicopters and dropping money from the sky. This usually results in substantial inflation and sometimes hyperinflation.
by Daryl Montgomery March 8, 2008
Get the helicopter economics mug.The great thing about trickle-down economics is that every time I purchase a new yacht or Humvee it helps out every member of society. Don't see this five course meal and seven hundred dollar bottle of wine as an example of greed and excessive consumption, think of it as a consumer-based economic stimulus package. Now then, what's fifteen percent of three thousand dollars? Or maybe I should only tip ten, the waiter forgot to put THREE lemons in my water!
by maximo hudson July 21, 2011
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