Federal Reserve Bank of New York
(us economy) one of the 12 district federal reserve banks. based in new york (2nd fr district). along with members of the federal reserve board, enjoys a permanent seat on the fomc (other district banks only get to rotate).
main job is to regulate banks and administer monetary policy through open market operations. former new york fed president tim geithner is now secretary of the us treasury department (as of early 2009).
prior to 1928, the president of the federal reserve bank of new york was the de facto leader of the entire system. this was because of the powerful personality and connections of benjamin strong, a former j.p. morgan partner.
Read Also:
- The Shredded Document
when one puts flyscreen over their b-tt-hole, they then sh-t onto their partners face, creating long strands of faeces to spill down their front. liam mac: “hey hone, good you please go down to the hardware store and fetch me some fly-screen… by the way, you herd of a the shredded doc-ment?
- The Strawberry Shortcake
the strawberry shortcake: the act of the male partner -j-c-l-t-ng onto the female/male partners face; the male then punches his partner in the nose mixing sperm with blood. “d-mn did you see quinn punch that chick in the face after -j-c-l-t-ng on her? she must have loved the strawberry shortcake he baked for her.”
- theta
the eighth letter of the greek alphabet that looks like an easter egg guy 1: θ guy 2: hey, its theta guy 1: no, its an easter egg a nickname for the organization known as kappa alpha theta, or for one of its members. kappa alpha theta is an international organization for women, which exists […]
- horribawful
concatenation of horrible and awful. used to describe something that is worse than horrible and awful combined. also see horriawful. that performance was so bad it was horribawful.
- Horkun
a nebulous gelatinous and formless female life form with little self regard for respect or social acceptance that has been known to suck the life out of many an unaware male that advertises either cash money or similar monetary objects. also known as {el hortan}in south america, {das horvatia} in germany and {splun icedic horvatia} […]