Recharacterisation: Difference between revisions

Revision as of 16:50, 26 March 2020

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

RECHARACTERISATION

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A fear that lives, loves, survives and flourishes in the febrile imagination of a young legal clerk, and out of which many never entirely grow, that Arthur might be regarded by the authorities who watch over us as Martha; Glen as Glenda, a synthetic prime brokerage trade be deemed to be a (taxable) cash equity trade, a title transfer collateral arrangement treated as an unregistered (and therefore imperfect or even voidable) security interest, a credit derivative ruled an unregulated insurance contract and so on and so on and so on.

Don’t scoff: your livelihood depends on chicken-lickeny risks like this being taken seriously.

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-{{g}}A fear that lives, loves, survives and flourishes in the febrile imagination of a [[Mediocre lawyer|young legal clerk]], and out of which many never entirely grow, that Arthur might be regarded by the authorities who watch over us as Martha; Glen as Glenda, a [[synthetic prime brokerage]] trade be deemed to be a (taxable) [[cash equity]] trade, a [[title transfer collateral arrangement]] treated as an unregistered (and therefore imperfect) [[security interest]], a [[credit derivative]] ruled an unregulated [[insurance contract]] and so on and so on and so on.
+{{a|g|
+[[File:Dramatic look gopher.gif|450px|thumb|center|Did someone say Recharacterisation|RECHARACTERISATION]]??????]]
+}}A fear that lives, loves, survives and flourishes in the febrile imagination of a [[Mediocre lawyer|young legal clerk]], and out of which many never entirely grow, that Arthur might be regarded by the authorities who watch over us as Martha; Glen as Glenda, a [[synthetic prime brokerage]] trade be deemed to be a (taxable) [[cash equity]] trade, a [[title transfer collateral arrangement]] treated as an unregistered (and therefore imperfect or even [[voidable]]) [[security interest]], a [[credit derivative]] ruled an unregulated [[insurance contract]] and so on and so on and so on.
 Don’t scoff: your livelihood depends on [[chicken-licken]]y risks like this being taken seriously.