Friday, February 26, 2010

mulct \MULKT\, noun:

1. A fine or penalty.

transitive verb:

1. To punish for an offense or misdemeanor by imposing a fine or demanding a forfeiture.
2. To obtain by fraud or deception.
3. To defraud; to swindle.

Mulct comes from Latin multa, "a fine."
dead cat bounce

• Investor slang; a brief recovery in the price of a falling stock. Term is derived from the idea that "even a dead cat will bounce if it falls from a great height."

I tried to buy GX on the dead cat bounce but got burned.
Triva
What is thunder snow?

• A rare winter thunderstorm that is accompanied by lightning and a heavy snowfall instead of rain.

History

• Bank of England: issued the first one-pound note after the government forbade paying out from the diminished gold reserves (1797)
• Grand Canyon: the enormous gorge was established as a national park (1919); Grand Teton National Park was established on the same date in 1926
• World Trade Center: bomb in basement killed 6, injured more than 1,000 and caused serious structural damage (1993)

Berfdays

• Suzi Simpson (42) playmate from Athens, greece (Jan, 1992)
• Wenceslas (1361-1419): German King
• John Harvey Kellogg (1852-1943): holistic physician who inventedcorn flakes; founder of chemical company Herbert Dow (1866-1930) shared this birth date
• Greg Germann (52): actor, Richard Fish in Ally McBeal; other actors born today include Jackie Gleason (1916-1987), Tony Randall (1920-2004), Betty Hutton (1921-2007) and Margaret Leighton (1922-1976)
• Erykah Badu (39): R&B singer; singers Fats Domino (82),Johnny Cash (1932-2003) and Michael Bolton (57) were also born on this date
• Mark DeRosa (35): infielder for the Giants