I have heard it used to fit both of those definitions. I have also heard
"Went South" as meaning the same thing as "Belly Up", "Ten Toes Up" or "Six
Feet Under". IE... Dead as a doornail. When a business "Goes out of
Business" it is sort of "dead as a doornail" too so it is sort of related to
that side of the definition. However, when I think about it, when your boobs
go south they are really on their last legs too...so to speak. Hee hee.

Cearbhael

----- Original Message -----
From: Jean Nathan <[EMAIL PROTECTED]>
To: Chat <[EMAIL PROTECTED]>
Sent: Friday, June 20, 2003 3:54 AM
Subject: [lace-chat] Went south


> Bev wrote:
>
> <Hold on, back up - please explain? First of all: what means "went South"
> (like 'took off on vacation with the money?')and why unPolitically
> Correct?>
>
> I understand "went south" to have two meanings - for a company to go bust
> (out of business), and for parts of the (female in particular) anatomy to
> succomb to gravity, as in "my boobs went south years ago".
>
> Jean in Poole
>
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