Hunting Elephants

Hunting 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.
References in periodicals archive ?
"I really like hunting elephants. They're difficult to track down.
The motion to lift the ban on hunting elephants has angered wildlife campaigners.
Finally, the Court discussed the enhancement findings and reasoned that the Service rationally determined that hunting elephants and bringing the sport-hunted trophies back to the United States was not helping elephants, because the information available to the Service was not enough to establish a causal connection between trophy import and enhancing elephant survival.
However, the ethnographic evidence from 11 tribes in Africa suggests the possible use of spear pits as the main tool for hunting elephants. Half of the tribes that were researched used spear pits as the tool to hunt elephants, 22% used spears, 11% used weighted spears, and 17% used other tools such as clubs or bows.
In addition to hunting elephants, Bell also hunted Cape buffaloes (600 to 700 taken), rhinoceroses, and lions with his small-caliber rifles.
EU chiefs ordered the ban on trophies from hunting elephants in Tanzania and Mozambique after poaching led to a massive decline in numbers in both countries.
In 1872, big game adventurer Courtney Selous arrived at Cape Town by ship, and traveled throughout southern Africa hunting elephants and dangerous animals for museum collections.
Among them are pistols and shotguns, a centuryold firearm, a rifle used for hunting elephants and five fully automatic weapons.
Sweden, April 19 -- King Carlos's extravagant trip to Botswana, hunting elephants has come under severe criticism while his country is reeling from economic crisis.
"The spectacle of a monarch hunting elephants in Africa while the economic crisis in our country causes so many problems for the Spanish (conveys) an image of indifference and frivolity," it said.
** ROY, James Hunting Elephants' Woolshed, 2008 339pp $18.95 pbk ISBN 9781741663266 SCIS 1385088
I'm constantly tempted to go out and buy solutions, but in actual fact, changing processes and changing the culture of the organisation is about hunting elephants - harder to do, but a good deal more productive."