Lame Duck

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Lame Duck

An ineffective trader who is in or near bankruptcy due to a series of bad trades, often over a long period of time. A lame duck has suffered heavy losses, not from a bear market or something similar, but simply due to his/her ineptitude. This is a slightly pejorative term that is most common in Europe.
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In the lame duck session, for example, Congress might agree to legislation that would extend all (or most) expired and expiring tax breaks for six months to a year, tied to fundamental tax reform generating some agreed-upon amount in the hundreds of billions of dollars (or more) in overall deficit reduction over the next decade, with the threat of greater deficit reduction if the 113th Congress were to fail to act by then.
As a result, he said, the lame duck session could produce some significant new legislation.
Thaler said in addition to MBL and the ATM bill, NAFCU will also continue to promote its tax study during the lame duck.
Meanwhile, the lame duck Congress that began meeting in December enacted 37 statutes before it adjourned on March 3, with most of them addressing minor issues that generated little controversy.
Most of the Jeffersonian and Republican complaints about the actions of the lame duck Federalists were based on the process, not the merits of the particular decisions.
Despite having a short bench, the Lame Ducks came out flying in the first period, establishing a solid 4:1 lead.
The Lame Ducks will soon play a game against their archrivals --the international students at the Military Staff College in Toronto--while the regular Esprit de Corps Commandos are setting their sights on the upcoming Commando Challenge IV in early 2016.
With the extra skater and a vulnerable empty net, the Lame Ducks played an inspired final 120 seconds against a visibly weary General Officers and Flag Officers (GOFOs) squad.
As true military warriors though, the Lame Ducks practice with dedication and vigour.
Otherwise, the lame ducks should stick to shuffleboard or some other innocuous retirement activity.
Many of the Lame Ducks have never skated prior to their postings to Ottawa, but mastering basic hockey skills is some thing these warriors take very seriously.
A team of hockey-playing foreign military attaches known as the Lame Ducks put up a valiant effort against their Canadian Forces opponents in a charity competition on March 28 at the University of Ottawa's Mint Sports Complex.