Had a very interesting speaker today in our Entrepreneurship class - ex 3i for Asia-Pac. He talked about Management Buy-Outs, dos and don'ts, why it is so attractive and gave loads of great examples.

He had this whole jargon of Bimbos (Buy Ins Management Buy Out or Hybrid), Colombo (Colossally Overpriced Management Buy Out), etc...

When it came to Chimbo (some Chairman-related slang), the Japanese in our class burst into laughter. Turns out that Chimbo means penis in Japanese. And the guy presented this idea once in front of a room full of top executives in Japan!
What an embarrassment!

(actually, I hope that I am remembering this correctly)