BNET Business Dictionary
Business Definition for: Meltdown
- an incidence of substantial losses on the stock market. Black Monday (October 19, 1987) was described as Meltdown Monday in the press the following day.
Wiktionary Definition for: Meltdown
- #Severe overheating of the core of a nuclear reactor resulting in the core melting and radiation escaping.
- Ex:''Four years have passed since the meltdown at the Chernobyl nuclear plant, but the grim legacy of the Soviet catastrophe is still unfolding.'' http://www.time.com/time/daily/chernobyl/chernobyl.index.html
- #A situation being likened to a nuclear meltdown.
- Ex:''Computer engineers were at a loss last night to explain why the Government had been hit by arguably the worst electronic meltdown in the history of Whitehall.'' http://news.independent.co.uk/uk/politics/story.jsp?story=587262
Additional Resources
- Yahoo's Bottomless Bureaucratic Maw; or, a Story of Management Meltdown
- Yahoo's Bottomless Bureaucratic Maw; or, a Story of Management MeltdownLeadership is to blame...how to fix that???Although I am in a different industry, I suffer from the same lame leadership issues; once an agile company now bogged down in leadership drugery; I think its a case of the company outgrowing its...
- Discussion threads 2008-02-14
- Thank God for the Meltdown!
- It's Thanksgiving Day here in the good ol' U.S. of A., which is when we with a surprising lack of irony celebrate our national culture by stuffing ourselves full of food. As I prepare to bloat myself to the size of a hippo, I thought this might...
- Blog posts 2008-11-27
- On Meltdown Monday it's Hip to be Square
- On Meltdown Monday it's Hip to be SquareRE: On Meltdown Monday it's Hip to be SquareThey don't call it risk for nothing!RE: On Meltdown Monday it's Hip to be SquareIf only life was that simple...lolRE: On Meltdown Monday it's Hip to be SquareAs it has been shown being Greedy eventually...
- Discussion threads 2008-09-16
- Wall Street Meltdown: Unlearned Lessons From Enron
- Wall Street Meltdown: Unlearned Lessons From EnronRE: Wall Street Meltdown: Unlearned Lessons From EnronJust not true. The underlying cause of the mortgage problem were civil rights and affordable housing groups, plus, US Congress in demanding easier access to home financing for those who could not afford to pay. Financial companies...
- Discussion threads 2008-09-19
- How To Sell MORE During the Meltdown
- How To Sell MORE During the MeltdownRE: How To Sell MORE During the MeltdownExcellent article…again! Clearly time to reassess whom you are, prioritize activities & then execute - with your internal value system firmly in place.Absolutely loved Keith Rosen's video from last week as well. This guy gets it… ...
- Discussion threads 2008-10-08
- BNET Readers on Wharton's Meltdown Take
- BNET Readers on Wharton's Meltdown TakeRE: BNET Readers on Wharton's Meltdown TakeWell put, however, I believe the buck stops there with the CEO. A CEO's responsibilities do not end with reducing cost while increasing profits for shareholders ...Leadership is implied, it's the ability to influence guide organizations to do the...
- Discussion threads 2008-09-26
- Could the Meltdown be a Hoax?
- I'm wondering whether the meltdown might be more a product of fear than of reality. Obviously, sub-prime loans are really defaulting. And there were a lot of packaged securities that used those loans. However, it appears to me that a great deal of the meltdown has to...
- Blog posts 2008-10-18
- Use the Meltdown to Create Success
- Use the Meltdown to Create SuccessRE: Use the Meltdown to Create SuccessSeveral years ago, I attended a Microsoft-sponsored sales training class that they now refer to as the "3-day MBA" class. These sessions are conducted by former CxOs, and are intended to help a salesperson understand how to get...
- Discussion threads 2008-10-20
- Blame Sales Reps for the Meltdown?!?
- Blame Sales Reps for the Meltdown?!?RE: Blame Sales Reps for the Meltdown?!?I'm a sales professional, although not in the financial services space, I disagree with your position...slightly.1. The CEOs knew that their companies were selling high risk loans. They have huge risk management departments to analyze this. They were greedy...
- Discussion threads 2008-09-20
- Wharton: Tying Exec Comp to Shareholder Value Lead to Meltdown
- Wharton: Tying Exec Comp to Shareholder Value Lead to MeltdownRE: Wharton: Tying Exec Comp to Shareholder Value Lead to MeltdownDo you think the analysis - that tying executive performance to shareholder value - goes far enough? Any time you focus on the value of return for one specific group (i.e....
- Discussion threads 2008-09-25
- Meltdown Monday 2.0: A Roundup
- Listening to both the media and the person on the street, it seems that the financial meltdown not only has us royally screwed, but maybe even biblically so. Take, for example, my barber, who works on the busiest street in one of the busiest financial districts in one of the...
- Blog posts 2008-09-29
- Meltdown Monday 2.0: A Roundup
- Meltdown Monday 2.0: A RoundupRE: Meltdown Monday 2.0: A RoundupMy concerns are about the global perception and understanding of the American Business model.I am of the view that a lot of thought must be expended in reviewing the model and its relevance; the days of the American way will be...
- Discussion threads 2008-09-30
- The 2 Trillion Dollar Meltdown Man
- The meltdown has only started, according to one observer. Granted, that observer is Charles Morris, whose January book, "The Trillion Dollar Meltdown," is now out in paperback (updated to "The 2 Trillion Dollar Meltdown"), so he could benefit from book sales to panicked people. To wit, this...
- Blog posts 2008-10-09
- Meltdown an Opportunity for Marketing, Says Andersen's Dominique Hanssens
- Meltdown an Opportunity for Marketing, Says Andersen's Dominique HanssensRE: Meltdown an Opportunity for Marketing, Says Andersen's Dominique HanssensInvesting more in the marketing group during a downturn is insane, unless that marketing group is spending 100 percent of its time generating qualified sales leads and reducing sales costs.A better way to...
- Discussion threads 2008-10-15
- More Meltdown Finger Pointing from Citigroup's Pandit and Columbia's Mohanram
- More Meltdown Finger Pointing from Citigroup's Pandit and Columbia's MohanramRE: More Meltdown Finger Pointing from Citigroup's Pandit and Columbia's MohanramThings have gone wrong with the world economy because of the sheer complexity of the instruments and processes that we have built around us in the race for creating more...
- Discussion threads 2008-10-17
- Save the Date: ICE AGE: THE MELTDOWN — World Premiere, Los Angeles, CA — Sunday, March 19th, 2006
- WHAT: Twentieth Century Fox invites you to the World Premiere of ICE AGE: THE MELTDOWN starring the voices of Ray Romano, John Leguizamo, Denis Leary, Seann William Scott, Will Arnett, Josh ...
- Research articles 2006-03-13
- Stressing out over distressed debt: despite meltdown, hedge fund managers still betting on rebound.
- Though WorldCom's recent meltdown may have singed the distressed-debt market, hedge fund managers insist it's still a good time to be investing in below-investment-grade bonds. With few exceptions they say they are continuing to allocate reco Though WorldCom's...
- Research articles 2002-07-22
- New SEC Chairman to face aftermath of high-tech meltdown.
- WASHINGTON--With the high-tech meltdown on Wall Street and the flurry of lawsuits that has followed, the spotlight in coming months will be on new Securities and Exchange Commission Chairman Harvey Pitt and how he addresses the new challenges of a WASHINGTON--With the high-tech...
- Research articles 2001-09-03
- The Leadership Myopia Behind the Meltdown
- The Leadership Myopia Behind the MeltdownRE: The Leadership Myopia Behind the MeltdownI am not really interested to know what or who's to blame? I am more curious to know who is taking accountability and responsibility to ensure that this situation / "crisis" risk is managed, prevented, or mitigated in...
- Discussion threads 2008-09-21
- Financial Meltdown at Constellation Energy -- For Sale?
- Financial Meltdown at Constellation Energy -- For Sale?RE: Financial Meltdown at Constellation Energy -- For Sale?UPDATE: A French nuclear power company is upping the ante for Constellation Energy Group Inc., offering to pay $35 per share for the Baltimore-based wholesale power supplier in hopes of unseating a deal Constellation made...
- Discussion threads 2008-09-23
