Prong Y: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
 
(4 intermediate revisions by the same user not shown)
Line 1: Line 1:
A Post Punk band from Greenwich Village formed in 1976 and which broke up acrimoniously, on stage in the CBGB club, in 1978 when lead singer Richard Bastard hospitalised drummer Denny Hotchkiss with a toilet plunger.
{{g}}A Post-punk band from Greenwich Village formed in 1976 and which broke up acrimoniously, on stage in the CBGB club, in 1978 when lead singer Richard Bastard hospitalised drummer Denny Hotchkiss with some garden shears. When Hotchkiss asked what that was for, Bastard memorably replied, “{{eqderivprov|Hedging Disruption}}”, though, as Hotchkiss drily quipped, it was more likely an {{eqderivprov|Illegality}}.


Named after a contentious section of the {{isdaprov|Change in Law}} definition from the {{Eqdefs}}.
'''Odd spot''': [[Change in Law - Equity Derivatives Provision|Prong Y]] was named after a contentious section of the {{eqderivprov|Change in Law}} definition in the {{Eqdefs}}. There is a bootleg live recording of the CBGB gig called “''{{eqderivprov|Prong Y}} and the {{eqderivprov|Triple Cocktail}}''”.


{{sa}}
*[[Triple Cocktai]]l


{{draft}}
{{draft}}
{{egg}}
{{egg}}
{{c|Bands}}

Latest revision as of 16:24, 30 September 2020

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


Index — Click the ᐅ to expand:

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

A Post-punk band from Greenwich Village formed in 1976 and which broke up acrimoniously, on stage in the CBGB club, in 1978 when lead singer Richard Bastard hospitalised drummer Denny Hotchkiss with some garden shears. When Hotchkiss asked what that was for, Bastard memorably replied, “Hedging Disruption”, though, as Hotchkiss drily quipped, it was more likely an Illegality.

Odd spot: Prong Y was named after a contentious section of the Change in Law definition in the 2002 ISDA Equity Derivatives Definitions. There is a bootleg live recording of the CBGB gig called “Prong Y and the Triple Cocktail”.

See also