Ban On Acronyms Gets Results

Posted by Bess Levin, May 12, 2008, 11:42am

A lot of people are wondering this morning how HSBC was able to see a rise in first quarter profits, despite rising bad-debt charges in the U.S. and a sizable writedown in its investment banking arm. The most popular theory pins the gains to higher returns in Asia, the Middle East and Latin America. DealBreaker readers who have been paying attention know that the key to HSBC's success is far more subtle: the elimination of acronyms. Who’s laughing at asinine corporate directives now?


Earlier: We Need To Make This Thing Work. What's The Key To Making This Thing Work? NO. MORE. ACRONYMS. If I See Or Hear One Person Not Spelling/Saying The Whole Word Out, I Will Go Carnival-Freak Crazy On Your Ass. I Mean It, I'll Scratch Your Eyes Out.


3rd UPDATE: HSBC 1Q Profit Ahead Of 1Q07 Despite US Impairments [CNN Money]

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Posted in: HSBC

Comments

Posted by golden girl, May 12, 2008 11:54AM

Apropos of nothing, I'll tell you what should be BANNED: that supremely annoying kid spinning the CNBC sign around to advertise for the Million Dollar Challenge. Seriously, that shit is KILLING me.

Posted by mrpink, May 12, 2008 12:21PM

LOLOMGROFLMAO

GCIB ROX!

-mrp

Posted by Anal_yst, May 12, 2008 12:40PM

Hittin the sauce a little early today, eh Pink?

And by that, I mean I'm jealous, sigh...

Posted by mrpink, May 12, 2008 12:58PM

Anal_yst:

No, not yet.. Disciplined... Still working on my own stuff, researching, etc... Still waking up at 7, stopping at 4.. I'll drink @ 4 :)

-mrp

Posted by guest, May 12, 2008 1:12PM

What??? You mean to say there are two "7s" during a day???

The Forehead Slapper

Posted by mrpink, May 12, 2008 1:15PM

It's 5'o clock somewhere :)

-mrp

Posted by Anal_yst, May 12, 2008 1:19PM

Reminds me of a friend in "commercial real estate" (in quotes, since as far as I can tell she knows nothing about it, and never actually does any real "work", i digress...), told me the other day alot of times someone'll come around at 2pm with coffee mugs filled with jameson (no coffee), this, on like a random tuesday when "things are slow"...oh, to have such a job!

Posted by guest, May 12, 2008 1:28PM

Commercial real estate is slow??? No way, I don't believe it.

Son of The Forehead Slapper

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