Schadenfreude is a German term that uniquely expresses the pleasure derived from the misfortunes of others. The Street has adapted it to suit the crisis in the National Spot Exchange (NSEL). "Shahdenfreude" is the new term doing rounds these days and it is defined as the evil pleasure one derives from the misfortunes of NSEL promoter Jignesh Shah. Shah's meteoric rise had rubbed many competitors up the wrong way and they are the ones oozing with Shahdenfreude these days.