The Lion’s Den: An Opco Boone Adventure: Difference between revisions

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{{a|opco|}}Signum flipped the safety on his piece and placed it on the table. He lifted his hand and stepped back slooow. “See? We’re cool, Felix; it’s all cool. Safe. We’re off the record. For old time’s sake.”
{{a|opcobooneadventure|}}[[Opco Boone|Boone]] flipped the safety on his piece and placed it on the table. He lifted his hand and stepped back slooow. “See? We’re cool, Felix; it’s all cool. Safe. We’re off the record. For old time’s sake.”


Felix regarded the Dictaphone. He played it aloof. “Automatic. Five-speed. Nice gat, Martin. I — I’m impressed.”
Felix regarded the Dictaphone. He played it aloof. “Automatic. Five-speed. Nice gat, Opco. I — I’m impressed.”


When he sat back, Felix dissolved into the darkness behind the desk lamp. Only his specs caught a gleam. There was devil in them: a thin, piss-streaked, amber bead of the satanic.
The old soldier sat back. His face dissolved into the darkness behind the desk lamp. His specs caught a gleam. There was ''devil'' in them: a thin, piss-streaked, amber bead of the ''satanic''.


Martin swallowed. “We are tracking a cache of FWMDs. We know they made it into the EU. We believe they used a CP conduit.”
He lit a smoke. “ So, what can  I — ” for the first time, he smiled. “do you for?


“But how? The perimeter — it’s — I mean, the borders are MiFID patrolled for Chrissakes ...”
Opco swallowed. “We are tracking a cache of [[FWMD]]s. We know they made it into the EU. We believe they used a [[CP]] conduit.”


“Reverse enquiry into Liechtenstein —”
Felix cocked an eyebrow. “But how? The perimeter — it’s — I mean, the borders are [[MiFID]]-patrolled for Chrissakes ...”


Felix whistled.
“[[Reverse enquiry]] into Liechtenstein —”


“Look, these guys are professionals. They know what they’re doing.” Signum smiled. “But we picked them up. We traced them down the clearing chain.”
Felix whistled. “Clever. Mainland, but not EU.”


“Oh?” Now Felix leaned forward, his eyes suddenly fierce.
“Not even EEA, Felix —”
 
“But a plausibly deniable Schengen route in via the Swissies, who also are not EEA.”
 
“Right.”
 
“Clever. And some deep understanding of the political and jurisdictional cat’s cradle that is modern Europe.”
 
“Look, these guys are professionals. They know what they’re doing.” [[Opco Boone|Boone]] smiled.
 
“Yet you still found them. Can’t be ''that'' good.” Felix looked over his specs. “How did you do it?”
 
“We traced them down their clearing chain.”
 
“Oh?” Now Felix leaned in, his pale eyes suddenly fierce.


“— but the trail went cold in Estonia.”
“— but the trail went cold in Estonia.”


Felix sat back. “Yes, well I suppose that happens in the Baltic. But what has this got to do with me? What makes you think ...”
Felix sat back. “Yes, well I suppose that happens in the Baltic.”


“You move in these circles, Felix.
Smoke curled from his cigarette. Boone fixed his glare. Felix held it.
 
“But what has all this to do with me? What makes you think ...”
 
“You move in these circles, Felix.


“I —”
“I —”
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“Information. It’s all I want.”
“Information. It’s all I want.”


Felix tipped his head.
Felix peered at Boone, as if inspecting mould.


“This isn’t the normal fake equity, Felix. This is hard stuff. CO2. Nitrous Oxide. This stuff kills people.”
“This isn’t the normal [[synthetic equity swap|fake equity]], Felix. This is hard stuff. Carbon. Nitrous Oxide. This stuff kills people.”


“Emissions, huh?”
“[[Emissions]], huh?”


“Collateralised freaking emissions, Felix.”
“[[Collateralised]] freaking emissions, Felix. They’re ''tranching'' the stuff.”


The old man looked away and sighed. “Yes.”
The old man looked away and sighed. “Yes.”


Signum shifted. He caught a vibe. “Wait a minute.
[[Opco Boone|Boone]] shifted. He caught a vibe. “Wait a minute. You kn—”


“It is done, Martin. It’s too late. The trucks are rolling. But you have to admit, it is elegant.” Felix tittered. “We have extracted the pure price of governmental regulatory permission to discharge greenhouse gas into the air.”
Felix cut him off. “It’s done, Opco. It’s too late. The trucks are rolling. But you have to admit, it is elegant.” Felix tittered. “We have extracted the pure price of governmental regulatory permission to discharge greenhouse gas into the air.”


The temperature dropped. Signum puckered up and let rip a ring of frosted breath. “It’s a derivative of…”
The temperature dropped. [[Opco Boone|Boone]] puckered up and let rip a ring of frosted breath. “It’s a derivative of…”


“Yes, exactly.”
“Yes, exactly.”


“Hot air!”
“''Hot air''!”


“Well, specifically, a derivative on an ineffective tax on the right to expel hot air.”
“Well, specifically, a ''derivative'' of a government ''regulation'' about the ''right'' to expel hot air.”


“Oh. Right.”
“Oh. Right.”


Felix brightened. “Only, it’s five times levered! And Martin?”
Felix brightened. “Only, it’s five times ''levered''! And Opco?”


“Yeah?”
“Yeah?”
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“That’s not even the best bit.”
“That’s not even the best bit.”


“You mean, there’s more?”
“You mean, there’s ''more''?”


“There’s more.” Felix licked his lizard lips. “The whole thing — every goddamn tranche; even the triple As — it’s all denominated in —”
“There’s more.” Felix licked his lizard lips. “The whole thing — every goddamn tranche; even the triple As — it’s all denominated in —”


Signum froze. “Oh, Jesus. You can’t be serious.”
[[Opco Boone|Boone]] froze. “Oh, Jesus. You can’t be serious.”


Finally, that inscrutable mask gave way. “I can!” Felix’s features cracked and folded and rearranged themselves into a ghoulish grin. He threw back his head and guffawed.
Finally, that inscrutable mask gave way. “I can!” Felix’s features cracked and folded and rearranged themselves into a ghoulish grin. He threw back his head and guffawed.


“I can’t… it’s just… Oh, dear… It’s just –” He stopped, abruptly, and regarded his old protégé. “It’s priceless! Literally!” Once again the old broker erupted, gales of blackened laughter cascading from that gruesome maw. “You better hold on, Martin.”
“I can’t… it’s just… Oh, dear… It’s just –” He stopped, abruptly, and regarded his old protégé. “It’s priceless! Literally!” Once again the old broker erupted, gales of blackened laughter cascading from that gruesome maw. “You better hold on, Opco.”


“Hold on?”
“Hold on?”
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“For dear life!” Felix roared.  
“For dear life!” Felix roared.  


It was only at that moment that Signum understood everything. The enormity; the horror; the forthcoming apocalypse. Bitcoin. They had denominated this goddamn thing in bitcoin.  
At that moment, [[Opco Boone|Boone]] understood everything. The enormity; the horror; the forthcoming apocalypse. [[Bitcoin]]. They had denominated this goddamn thing in ''[[bitcoin]]''. Tens of thousands of witless, sheep-like certified financial advisors completely unable to resist the tawdry lure. It was catnip. They were fucked. This was going into every portfolio in the country.  
 
Tens of thousands of witless, sheep-like certified financial advisors completely unable to resist the tawdry lure. It was catnip. They were fucked. This was going into every portfolio in the country.  


“Stick your 401k in cash, brother. This is going to hurt.”
“Stick your 401k in cash, brother. This is going to hurt.”

Latest revision as of 14:29, 12 January 2023

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Boone flipped the safety on his piece and placed it on the table. He lifted his hand and stepped back slooow. “See? We’re cool, Felix; it’s all cool. Safe. We’re off the record. For old time’s sake.”

Felix regarded the Dictaphone. He played it aloof. “Automatic. Five-speed. Nice gat, Opco. I — I’m impressed.”

The old soldier sat back. His face dissolved into the darkness behind the desk lamp. His specs caught a gleam. There was devil in them: a thin, piss-streaked, amber bead of the satanic.

He lit a smoke. “ So, what can I — ” for the first time, he smiled. “do you for?”

Opco swallowed. “We are tracking a cache of FWMDs. We know they made it into the EU. We believe they used a CP conduit.”

Felix cocked an eyebrow. “But how? The perimeter — it’s — I mean, the borders are MiFID-patrolled for Chrissakes ...”

Reverse enquiry into Liechtenstein —”

Felix whistled. “Clever. Mainland, but not EU.”

“Not even EEA, Felix —”

“But a plausibly deniable Schengen route in via the Swissies, who also are not EEA.”

“Right.”

“Clever. And some deep understanding of the political and jurisdictional cat’s cradle that is modern Europe.”

“Look, these guys are professionals. They know what they’re doing.” Boone smiled.

“Yet you still found them. Can’t be that good.” Felix looked over his specs. “How did you do it?”

“We traced them down their clearing chain.”

“Oh?” Now Felix leaned in, his pale eyes suddenly fierce.

“— but the trail went cold in Estonia.”

Felix sat back. “Yes, well I suppose that happens in the Baltic.”

Smoke curled from his cigarette. Boone fixed his glare. Felix held it.

“But what has all this to do with me? What makes you think ...”

“You move in these circles, Felix.”

“I —”

“Don’t bullshit me, man. We both know you do. You can help.”

“Help?”

“Information. It’s all I want.”

Felix peered at Boone, as if inspecting mould.

“This isn’t the normal fake equity, Felix. This is hard stuff. Carbon. Nitrous Oxide. This stuff kills people.”

Emissions, huh?”

Collateralised freaking emissions, Felix. They’re tranching the stuff.”

The old man looked away and sighed. “Yes.”

Boone shifted. He caught a vibe. “Wait a minute. You kn—”

Felix cut him off. “It’s done, Opco. It’s too late. The trucks are rolling. But you have to admit, it is elegant.” Felix tittered. “We have extracted the pure price of governmental regulatory permission to discharge greenhouse gas into the air.”

The temperature dropped. Boone puckered up and let rip a ring of frosted breath. “It’s a derivative of…”

“Yes, exactly.”

Hot air!”

“Well, specifically, a derivative of a government regulation about the right to expel hot air.”

“Oh. Right.”

Felix brightened. “Only, it’s five times levered! And Opco?”

“Yeah?”

“That’s not even the best bit.”

“You mean, there’s more?”

“There’s more.” Felix licked his lizard lips. “The whole thing — every goddamn tranche; even the triple As — it’s all denominated in —”

Boone froze. “Oh, Jesus. You can’t be serious.”

Finally, that inscrutable mask gave way. “I can!” Felix’s features cracked and folded and rearranged themselves into a ghoulish grin. He threw back his head and guffawed.

“I can’t… it’s just… Oh, dear… It’s just –” He stopped, abruptly, and regarded his old protégé. “It’s priceless! Literally!” Once again the old broker erupted, gales of blackened laughter cascading from that gruesome maw. “You better hold on, Opco.”

“Hold on?”

“For dear life!” Felix roared.

At that moment, Boone understood everything. The enormity; the horror; the forthcoming apocalypse. Bitcoin. They had denominated this goddamn thing in bitcoin. Tens of thousands of witless, sheep-like certified financial advisors completely unable to resist the tawdry lure. It was catnip. They were fucked. This was going into every portfolio in the country.

“Stick your 401k in cash, brother. This is going to hurt.”