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{{g}}In the German political vernacular, ''eine [[heuschrecke]]'' (a “[[locust]]”) is a [[hedge fund]], and in particular a private equity firm.  
{{a|g|
[[File:Garden_locust_(Acanthacris_ruficornis).jpg|450px|thumb|center|A private equity firm in Dusseldorf yesterday]]
}}In the German political vernacular, ''eine [[heuschrecke]]'' (a “[[locust]]”) is a [[hedge fund]], and in particular a private equity firm.  


First used by Social Democrat Franz Müntefering when he demanded that his party:  
First used by Social Democrat Franz Müntefering when he demanded, as long ago as November 2004, that his party:  
:“''... must help companies acting in the interest of their future and the future of their employees against irresponsible locust swarms, who measure success in quarterly intervals, suck off<ref>I say! Perhaps Herr Müntefering has in mind a special kind of private equity.</ref> substance and let companies die once they have eaten them bare.''”


Trivia point: there is a hedge fund called [http://www.locustwood.com Locust Wood Capital LLC], which not only tips its hat to Herr Müntefering and his unfortunate [[double entendre]]s, it sounds like it comes out of one of those Hedge fund name generator algorithms.
:“''... must help companies acting in the interest of their future and the future of their employees against irresponsible locust swarms, who measure success in quarterly intervals, suck off<ref>I say! Perhaps Herr Müntefering has in mind a ''special'' kind of private equity.</ref> substance and let companies die once they have eaten them bare.''”
 
Just as well he wasn’t a Christian Democrat — a [[plague of locusts]] is ''not'' a good sign for people of that disposition.
 
Trivia point: there is a [[hedge fund]] called [http://www.locustwood.com Locust Wood Capital LLC], which not only tips its hat to Herr Müntefering and his unfortunate [[double entendre]]s, it sounds like it comes out of one of those [https://www.hedgefundnamegenerator.com/ hedge fund name generator] [[algorithm]]s.


{{sa}}
{{sa}}
*[[Hedge fund]]
*[[Hedge fund]]
*[[Hooker]]
*[[Hooker]]
*[[Apocalypse]]
{{ref}}
{{ref}}

Latest revision as of 17:14, 17 September 2020

The Jolly Contrarian’s Glossary
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A private equity firm in Dusseldorf yesterday
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In the German political vernacular, eine heuschrecke (a “locust”) is a hedge fund, and in particular a private equity firm.

First used by Social Democrat Franz Müntefering when he demanded, as long ago as November 2004, that his party:

... must help companies acting in the interest of their future and the future of their employees against irresponsible locust swarms, who measure success in quarterly intervals, suck off[1] substance and let companies die once they have eaten them bare.

Just as well he wasn’t a Christian Democrat — a plague of locusts is not a good sign for people of that disposition.

Trivia point: there is a hedge fund called Locust Wood Capital LLC, which not only tips its hat to Herr Müntefering and his unfortunate double entendres, it sounds like it comes out of one of those hedge fund name generator algorithms.

See also

References

  1. I say! Perhaps Herr Müntefering has in mind a special kind of private equity.