Madam, - Perhaps people in business and banking would act more prudently if they conducted their affairs in plain English. For example, when share prices go down, it surely means just that, not that there is a "correction".
Why must we refer to a business at being "highly leveraged" when it is quite simply over-borrowed? Likewise, when workers are laid off, does it not usually mean that the employer is losing money, not that it is "down-sizing" or, even worse, "right-sizing"? And perhaps we could refer again to the future and abandon the overused "going forward". - Yours, etc,
PETER CROWLEY,
Taylor's Hill, Galway.