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Lend Me Your Love: Difference between revisions
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===Transaction analysis=== | ===Transaction analysis=== | ||
The | The transaction seems to be this: | ||
*Baby agrees to lend a quantity (unspecified) of love to Memphis Slim. | *Baby agrees to lend a quantity (unspecified) of love to Memphis Slim. | ||
*As [[collateral]] [[security]] for his obligation to return her love, | *As [[collateral]] [[security]] for his obligation to return her love, Mr. Slim grants Baby a [[mortgage]] over his own love, which for the time being, he is holding on his own balance sheet. | ||
*We surmise that Mr Slim is intending to take Baby’s love and [[reuse]] it elsewhere. | *We surmise that Mr Slim is intending to take Baby’s love and [[reuse]] it elsewhere. | ||
*Seeing as he has at least an equivalent amount of his own love which he is holding subject to a fixed charge, we can only surmise that Baby’s love and Memphis Slim’s love cannot be [[fungible]] (otherwise this would be a transaction without any economic substance. Which would get Memphis Slim’s [[tax]] [[Mediocre lawyer|lawyers]] in a lather.) | *Seeing as he has at least an equivalent amount of his own love which he is holding subject to a fixed charge, we can only surmise that Baby’s love and Memphis Slim’s love cannot be [[fungible]] (otherwise this would be a transaction without any economic substance. Which would get Memphis Slim’s [[tax]] [[Mediocre lawyer|lawyers]] in a lather.) | ||