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Court guideline that false and malicious statements regarding public officials are protected by the First Amendment unless it can be proven they were known to be false at the time they were made or were made with 'reckless disregard' for their truth or falsehood.
Feeding Frenzy
1. A slang term for intense buying. This may occur at a retail level or it may refer to a bullishmarket for securities.
2. During the 1980s, the custom among certain bond traders on Wall Street to order far more takeout food than they could eat. The point of the feeding frenzies was to see which trader could display the most conspicuous consumption. Feeding frenzies were exposed in the book Liar's Poker, which describes the author's experience as a bond trader on Wall Street in the 1980s.
2. During the 1980s, the custom among certain bond traders on Wall Street to order far more takeout food than they could eat. The point of the feeding frenzies was to see which trader could display the most conspicuous consumption. Feeding frenzies were exposed in the book Liar's Poker, which describes the author's experience as a bond trader on Wall Street in the 1980s.
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