Children of the Woods: Difference between revisions
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{{g}}The [[Children of the Forest]] were a prehistoric proto-civilisation of woodland sprites and hippies; a kind of peaceable pre-derivative, banking people, largely unconcerned with material wealth but blessed with a preternatural gift for option pricing. They roamed the moors and fens of England semi-naked in the time before the alliance of men and elves. Alas, they modeled their delta by using profoundly flawed [[value-at-risk]] techniques and wildly miscalculated their exposure to the [[First Men]], a marauding race of american derivatives salesmen who wiped them out in the late 1980s, but not before they left behind traces of their contribution: the {{1985ma}} and the {{isdaprov|Cross Default}} clause, which still afflicts the {{isdama}} to this day. | {{g}}The [[Children of the Forest]] were a prehistoric proto-civilisation of woodland sprites and hippies; a kind of peaceable pre-derivative, banking people, largely unconcerned with material wealth but blessed with a preternatural gift for option pricing. They roamed the moors and fens of England semi-naked in the time before the alliance of men and elves. Alas, they modeled their delta by using profoundly flawed [[value-at-risk]] techniques and wildly miscalculated their exposure to the [[First Men]], a marauding race of american derivatives salesmen who wiped them out in the late 1980s, but not before they left behind traces of their contribution: the {{1985ma}} and the {{isdaprov|Cross Default}} clause, which still afflicts the {{isdama}} to this day. | ||
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*The [[First Men]] | |||
*{{1985ma}} | |||
Revision as of 18:49, 17 March 2020
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The Children of the Forest were a prehistoric proto-civilisation of woodland sprites and hippies; a kind of peaceable pre-derivative, banking people, largely unconcerned with material wealth but blessed with a preternatural gift for option pricing. They roamed the moors and fens of England semi-naked in the time before the alliance of men and elves. Alas, they modeled their delta by using profoundly flawed value-at-risk techniques and wildly miscalculated their exposure to the First Men, a marauding race of american derivatives salesmen who wiped them out in the late 1980s, but not before they left behind traces of their contribution: the 1985 ISDA Code and the Cross Default clause, which still afflicts the ISDA Master Agreement to this day.