Today's word: COCKROACH THEORY
Theme for this fortnight: STOCKS
The theory
that when a company reports bad news to the public, there's usually a lot more
bad news behind the scenes that may come out later. It can also refer to
industry-wide suspicions — if one subprime lender is going bankrupt (like New
Century Financial was in 2007), other subprime lenders might have similar
problems behind the scenes.
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