Hunting Elephants(redirected from Hunted Elephants)
The act or practice in which an investment banker convinces a client to buy a security beneficial to the investment bank's portfolio, whether or not it is beneficial to the client. The term does not imply illegality; that is, one generally can make the argument that the security benefits the client. However, the investment banker encourages his/her client to buy it primarily because of how it benefits the bank.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved