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The Devil’s Advocate
Notes on the absurdity of office life.
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For the legal eagles
Common legal agreements, examined.
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For malcontents
Miscellany. And eggs.
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The Devil’s Advocate: A growing body of misinformed nonsense — systems analysis, behavioural economics, design principles and so on — about how we should practice law, but generally don’t.
Anatomies: Clause-by-clause Anatomy and nutshell guides (see left) to ISDA and other master trading agreements. These may be incomplete, out of date, unfashionable, flippant — well, they are flippant — but, being free, are still better value than that awful FT book about derivatives;
Much flippancy about plain English, buzzwords, technology, negotiation, flannel, Latin, Greek, metaphor and eggs. And Toto.
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Business day convention: When day count fractions get together and have a knees-up in ’Vegas, anything can happen.
Minimum Transfer Amount: What’s the least amount of margin I have to give my broker?
Independent Amount: It’s collateral that’s mouthy.
Cross acceleration: Breaking the speed-limit after an argument with the spouse, or what?
Credit risk mitigation techniques: Hoo boy. If this is a popular, then someone’s been on a pretty tedious conference call we think.
Without limiting the generality of the foregoing: Some legal eaglery right there, friends
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“Does Kilimanjaro rise above the Serengeti?” That perennial hot topic that never goes cold. (Spoiler: No.)
“Golgafrincham”: A subtle pleasure: middle management, as foreseen by the late, great, Douglas Adams
“Crazy Ivan”: Black-belt conference call misbehaviour.
“I’m not going to die in a ditch about it”: When to use that greatest of all negotiation climb-downs.
“Brother Maynard” Consult the book of armaments, friends!!!
“Yogababble”: That most millennial mode of flannelry
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