The Atlantis Variation: Difference between revisions

Had it been implemented, this template would have addressed the financial, infrastructural and regulatory challenges which would dog the financial derivatives market in the early 21st century,  eventually bringing to the brink of an abyss the rolling countryside of {{aies}} a verdant land where peaceable swapsfolk had for generations made comfortable nests in the folded hills, nooks and crannies of that pleasant land.   

While these hobbity little creatures romped wealthily about their sun-drenched meadows, the ’08 would silently, effectively consolidate all documentation across a wide range of products and asset classes ([[including but not limited to]] [[repo]], [[stock lending]], [[prime brokerage]], [[exchange traded derivatives]], [[commodities]] and [[emissions]]), finally moving the financial world into a stable [[Utopia|utopian state]] in which all risks are known, all eventualities experienced and contingencies accounted for. ''[[Risk]]'' would finally be banished for ever.   

As it was, the challenge was just too big. The project expanded — at first gradually; in the closing stages at breakneck pace — and in the final days exceeded the [[Schwarzschild radius of document comprehension]] altogether. There was a sudden, catastrophic implosion, and everything associated with the project — all drafts, riders, boilerplate, annexes, schedules — and everyone — the firm {{ISDA}} engaged to hold the pen (a mysterious cyber law firm that spontaneously winked into existence when a document management system became self-aware)<ref>The firm, [[Tubb Fuller Breaden Potter Bacon]], (known in its marketing literature as [[TFBPB]]) has never been heard of since, and curiously, no record now exists of this firm before 2008, even though it was apparently a global behemoth.</ref> and several thousand members of ISDA’s document working group, seconded by their employers to contributing their “clarifications” and [[For the avoidance of doubt|doubt-avoidances]] for the greater good of the standard form, simply vanished into thin air.