Gloss: To report the worst financial performance possible.
Part of speech: v. phr.
Quotation: In a note to clients yesterday, Credit Suisse analyst Thomas Gallagher said that although the number seems high, it is “plausible, especially if AIG continues to “kitchen sink-it,” Street parlance for lowering everyone’s expectations by reporting the worst numbers possible.
Author:
Tiernan Ray
Date of publication:
Feb. 25, 2009
This catchword has yet to be researched.