2022 ISDA Securities Financing Transactions Definitions: Difference between revisions
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{{a|myth| | {{a|myth|{{image|Martin PBM-5 Mariner in flight, circa in 1945 (SDASM 00006374)|jpg|The doomed [[Linklaters]] [[Securities finance transaction|SFT]] Mariner on a training mission. {{vsr|1953}}}} | ||
}}{{quote|“''As it became obvious [[Flight 19]] was lost, air bases, aircraft, and merchant ships were alerted. The sea over the last reported position was grid searched . After dark, a Linklaters SFT Mariner reconnaissance mission was diverted from a scheduled training flight to perform square pattern searches in the area west of the securities financing transaction sea but in its first dispatches reported no remains that would suggest the wreckage of a single equity derivative, let along an entire booklet, were visible. If that were not horrifying enough, more tragedy was soon to strike. After calling in its routine radio update at 1930 hours, announcing that it was suspending its mission and returning to reality, Air Traffic Control lost contact with the Mariner. Neither the plane, nor her crew, nor its payload of securities financing transaction definitions were ever heard from again.''” | }}{{quote|“''As it became obvious [[Flight 19]] was lost, air bases, aircraft, and merchant ships were alerted. The sea over the last reported position was grid searched . After dark, a Linklaters SFT Mariner reconnaissance mission was diverted from a scheduled training flight to perform square pattern searches in the area west of the securities financing transaction sea but in its first dispatches reported no remains that would suggest the wreckage of a single equity derivative, let along an entire booklet, were visible. If that were not horrifying enough, more tragedy was soon to strike. After calling in its routine radio update at 1930 hours, announcing that it was suspending its mission and returning to reality, Air Traffic Control lost contact with the Mariner. Neither the plane, nor her crew, nor its payload of securities financing transaction definitions were ever heard from again.''” | ||
:—J. Allen Cynek, ''Beyond The [[Bermuda Option Triangle]]''}} | :—J. Allen Cynek, ''Beyond The [[Bermuda Option Triangle]]''}} | ||
Revision as of 07:48, 1 September 2022
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“As it became obvious Flight 19 was lost, air bases, aircraft, and merchant ships were alerted. The sea over the last reported position was grid searched . After dark, a Linklaters SFT Mariner reconnaissance mission was diverted from a scheduled training flight to perform square pattern searches in the area west of the securities financing transaction sea but in its first dispatches reported no remains that would suggest the wreckage of a single equity derivative, let along an entire booklet, were visible. If that were not horrifying enough, more tragedy was soon to strike. After calling in its routine radio update at 1930 hours, announcing that it was suspending its mission and returning to reality, Air Traffic Control lost contact with the Mariner. Neither the plane, nor her crew, nor its payload of securities financing transaction definitions were ever heard from again.”
- —J. Allen Cynek, Beyond The Bermuda Option Triangle
Interesting that the involved industry associations were not, even though it is 30 years late and their membership is as close to “common” as makes no difference, able to come together on this one. And ISDA’s claim to copyright is especially interesting.