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It’s official, trillion is the new billion. No longer is government spending talked about in terms of a mere ten digits. With the recent flurry of government spending, we are going to need another three zeros to make sense of it all.

One trillion dollars; it’s a number that few people can comprehend, let alone your standard nine digit calculator. There have been attempts to put this number into perspective before. A trillion dollar bills laid end to end would reach the sun or you spend a dollar per second for 32,000 years or one trillion dollars in pennies would weigh as much as 2,755,778 Argentinosauruses (the largest known dinosaur). Fanciful as this may be, the real story behind one trillion dollars is in its economic impact. Let’s investigate what one trillion dollars can do.

It pays to be CEO, even in a recession, some are making as much as 94 Million in a single day on the change in value of their holdings..Financial Content keeps a CEO Wealthmeter to track such Winners and Losers and its pretty interesting to see how just in the change of a day their wealth is affected.

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source: financial content

TD Ameritrade is offering a special 3.00% APY certificate of deposit. The minimum deposit is $25,000 and the maximum is $250,000. The 3% APY is listed at the promo page as of 3/14/09 and is subject to change.

According to the promotion instructions you open your TD Ameritrade account online, fund the account with at least $25,000 by 3/25/09, they’ll email you an access code, and then you’ll need to log in and open the CD by 3/27/09.

This is brokered CD that’s held by TD Bank USA, N.A. (FDIC Certificate # 33947).

The uptick rule is a former financial regulation that was eliminated by the SEC, effective July 6, 2007.

Established after the great crash of 1929, the uptick rule was designed to restrict short selling by permitting short sales only following a trade where the traded price was higher than the previously traded price (uptick). Let’s take a stock that was trading at $100 per share with the last two trades at $99.75 and $99.50, respectively. If you wanted to go short on that stock, you would need to wait for the uptick — until the stock went up from $99.50 to $99.75, for example. Then you could go short.

Below is a list of business and finance terms explained so that anyone can understand them. With the way the economy has been flowing one should to take time to look find humor before opening your next statement and grabbing a tissue.

Most of the terms have been sent in by visitors and we would be happy to publish any funny finance terms that you have. Just contact us here and we may publish them if they make us laugh.

Advertisement: A tool used by business to get money out of people that don’t have it, for something that they don’t need.