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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Ronald Reagan is the only lame duck to have handed the White House keys to a member of his own party (his vice president, George H.W.
In our view, it is likely both will occur in the lame duck session (or shortly thereafter), beginning with agreement on a Bush tax cut extension coupled with a broad framework for a tax reform agreement, with the hard work of tax reform to span across 2013.
Magill said the ATM bill has a 50/50 shot of being passed during the lame duck session.
A DECISION to keep a Midland hospital's accident and emergency department closed overnight has been declared "hugely disappointing" and its managers dubbed "lame ducks".
They have branded Mr Hunt a lame duck and Mr Cameron is widely expected to ditch his Culture Secretary in a reshuffle after Mr Hunt has overseen the Olympic Games.
Instead of being a lame duck, let it rise from the ashes and become a phoenix as St Peter's has.
Safire traces the phrase "lame duck" to 18th century Britain, when it was used to describe a bankrupt businessman.
Unless an extension of unemployment benefits is attached to an eventual deal on the Bush tax cuts, there is little likelihood that it will pass during the lame duck session.
Obama said the focus of the meeting would be what to get done during the "lame duck" congressional session that goes through the end of this year.
** GAUDIN, Michele (illus.) Goldie Alexander (text) Lame Duck Protest IP Kidz, 2009 unpaged $24.95 ISBN 9781921479137 SCIS 1404402
"Once I decided not to run for re-election, I also felt that to embrace the conventional Lame Duck status in this particular climate would just be another dose of politics as usual, something I campaigned against and will always oppose," she said in a released statement.
"The car industry is not a lame duck and I am not proposing a bail-out," said Lord Mandelson, secretary of state for business.