Fink ready to write a new chapter for BlackRock
In Liar’s Poker, author Michael Lewis chronicled the dramatic rise and fall of the mortgage-backed bond desk at Salomon Brothers during the bull market of the 1980s. Many of the characters - some famously referred to in the bestselling book as “Masters of the Universe” - have either retired or moved on to less high-profile positions.
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Poker lexicon:
- FAVORITE - Before all the cards are dealt, a hand that figures to be the winner. Ant: UNDERDOG.
- OPENERS - Cards in a hand that qualify a player to open the betting.
- OPEN-ENDED STRAIGHT - Four cards to a straight which can be completed by drawing a card at either end. E.g., 6-7-8-9 is an open-ended straight. Also: BOBTAIL STRAIGHT. Compare: INSIDE STRAIGHT.
- RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
- FLOP - [1] In Hold'em, the first three community cards, dealt simultaneously. [2] To deal a flop, or to make a hand on a flop. "I flopped trips".
- PAT - Holding or being dealt a pat hand. "I'm pat" would mean "I don't want to draw any cards.
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