Old And Cold Money

Cheesy Corporate Lingo CheesyCorporateLingo.com 27 May 2014

 

(1).  A client account you’re thinking of going after that’s been with one bank for years and years.  And why shouldn’t you give it try?!  I mean, who’s better than you, right?!  Their current guy probably doesn’t even call them once a quarter to tell them what’s going on with Russian commodity prices!  And how about that new exchange fund you’re offering?  Wouldn’t they want to know about that?!  Of course they would!!  Now, get over to that phone and get that old coot on the line!  You are a bright, shining star!

 

“So, given our lackluster numbers so far this year, I’ve been thinking that a new strategy is called for.  Instead of young, up-and-coming entrepreneurs, we’re going to hunt for some old and cold money!  Now, I want everyone to hit the nursing homes and university clubs and bring in those Vanderbilts!”