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 The partner’s eyes glittered: the fierce gleam of eyes belonging a man countenancing enormous professional fees. He held out his hand to me. In his palm: a red pill and a blue pill.
-I regarded the document, and then the pills. The contract was slim, rendered on crisp onionskin. It had a five-part {{isdaprov|Schedule}} at the back.  It was beautiful — strange — ''alien'' in its ineffable obliqueness. I mouthed its title, printed in block capitals across the front page: “[[Eye-ess-dee-aye]]”. My mind whirred with the other-worldly concepts: {{isdaprov|Single Agreement}}. {{isdaprov|Merger Without Assumption}}. {{isdaprov|Netting}}. {{isdaprov|Gross-Up}}. {{isdaprov|Default Under Specified Transaction}}. What could they all mean? I didn't know, I didn’t understand, but I was hooked. I took the red pill.
+I regarded the document, and then the pills. The contract was slim, rendered on crisp onionskin. It had a five-part {{isdaprov|Schedule}} at the back.  It was beautiful — strange — ''alien'' in its ineffable obliqueness. I mouthed its title, printed in block capitals across the front page: “[[Eye-ess-dee-aye]]”. My mind whirred with the other-worldly concepts: {{isdaprov|Single Agreement}}. {{isdaprov|Merger Without Assumption}}. {{isdaprov|Netting}}. {{isdaprov|Gross-Up}}. {{isdaprov|Default Under Specified Transaction}}. What could they all mean? I didn't know, I didn’t understand, but I was hooked.
-The notional amount of OTC derivatives traded in 1995<ref>According to BIS Triennial Review, since you are asking. {{google3|BIS|Triennial|Review}}.</ref> was about USD12 trillion. In 2018 it was nudging USD600 trillion<ref>According to [https://www.isda.org/a/9atME/Key-Trends-in-Size-and-Composition-of-OTC-Derivatives-Markets.pdf ISDA].</ref>.
+I took the red pill. And, ladies and gentlemen, that is how we find ourselves looking at each other today, through the vale of tears and resentment we both know as a liquid crystal display. Yes: it ''is'' a matrix, and I am stuck in here. But don’t you worry about me. I can't bear mawkish sentimentality. And, after all, I shall outlive you all.
-Little did I know haw tediously familiar it would all become. ISDA [[negotiation]] moved from massive fee-generative bespoke legal work to inhouse teams, to negotiators, to operations clerks, to operations clerks in India.
+===What does this all mean?===
+Ok: enough of the cod-philosophical sci-fi. The notional amount of OTC derivatives traded when I took my pill in 1995<ref>According to BIS Triennial Review, since you are asking. {{google3|BIS|Triennial|Review}}.</ref> was roughly USD12 trillion. By 2018 it was nudging USD600 trillion<ref>According to [https://www.isda.org/a/9atME/Key-Trends-in-Size-and-Composition-of-OTC-Derivatives-Markets.pdf ISDA].</ref>. ''Six hundred trillion bucks''.<ref>I know, I know: that is gross notional and not net outstanding exposure. But still.</ref>
-===What does this all mean===
+but in any case, an ISDA was once a rare and special beast. Nowadays it isn't — large institutions negotiate thousands of them every year — so [[management consultant]]s the world over are poring over the ''{{wasteprov|cost}}s'' of [[negotiation]] to see how to bring them down. This means some kind of triage.
-In 1995 an ISDA was a rare and special beast. Nowadays it isn't — large institutions negotiate thousands of them every year — so management consultants the world over are poring over the {{wasteprov|cost}}s of [[negotiation]] to see how to bring them down. This means some kind of triage.
 {{ref}}