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...sh altogether. So, “crap, or get off the pot”.}}}}“[[Use it or lose it]]”, in the vernacular. ...forced you to agree when you were a two-person start-up above a shoe-shop in Camden. I ''know'', right?

...ur. Wearer not identified.}} }}You may see this sort of clause, especially in a [[custody]] or [[agency]] agreement: ...d will not be liable for any action taken or [[Act or omission|not taken]] in reliance upon that advice''.<ref>The SPIRE version, for completists, is as

...Other [[finance contract]]s label their participants to make it clear who, in the [[power structure]], is who: a [[loan]] has a “[[Lender]]” — the {{drop|A|belief in}} even-handedness gripped the ones whose [[deep magic]] forged the runes of

...same idea: a recurring, algorithmic process can ''reduce'' the [[entropy]] in a system. Creation comes from chaos. This is is as “dangerous” to Newto ...ry project, every transaction against a single, simple yardstick: ''was it in the [[Shareholder|shareholders]]’ best interest?''

'''April 2024''': “Shakespeare is known in our house as the gentleman who pays the rent.” — Judy Dench <br> ...the valleys, so does ancient sin cling to the low places, the depressions in the world consciousness.” — Dr. Louis Judd, ''The Anatomy of Atavism''

...Lehman]] held for them safely in a little shoebox under its bed — were not in a shoe-box after all. They turned out to be rather harder to get back than The assets hadn’t all gone AWOL as such but were somewhat caught in the gears of the great steampunk machine. It didn’t help that Lehman’s

...]]; general statements that require interpretation and construal: judgment in light of prevailing circumstances. End-users must decide for themselves how ...or|David Graeber}}’s magnificent {{br|Debt: The First 5,000 Years}}.</ref> In any case, we have a series of soft-edged principles with leaky boundaries,

====In progress==== *[[Reasons to hope we are in a post truth world]]

...elieve but in 1980 there were no copy machines in Hungary or anywhere else in Eastern Europe. The Communist party banned photocopiers because of how quic ...804. Jacquard used removable punch-cards to “program” the weaving process, in much the same way a self-playing piano reads a punched card to pay a tune.

...ence by critics of all eras that this time is different, yet so many still buy into the pyramid scheme that we are special. It is both self-aggrandising a ...e nice to people for a change, one girl sitting on her own in a small café in Rickmansworth suddenly realized what it was that had been going wrong all t

...reg tech]] ''solutions'' are alike; each reg tech ''problem'' is a problem in its own way.” <br> A fancy way of [[Do not buy a warranty on a toaster|selling a warranty on a toaster]].

...not easily [[scale]]: since intellectual property was necessarily embedded in a physical [[substrate]] — to read a novel you needed a physical book — ...n [[René Descartes|Cartesian]] terms, paper is physical, real-world stuff: in Descartes’ lexicon “[[res extensa]]”; [[intellectual property]] is ''

...ogy, he put together this field guide, which might be of use to innocents. In structured finance, there are no innocents. ...rged, grew and then swamped the market. By the mid 1908s the open interest in OTC derivatives was a trillion dollars. By 2022 — despite the [[global fi

...alions in river deltas and semi-cultivated woodland thickets. They engaged in limited ways — effective ways. They trained their troops better. ...priority stuff they were happy enough for us sappers and doc jockeys to go in and clear them out, physical style.

Dear old [[Grandma Contrarian]] demonstrated the sense in this adage countless times on the rambunctious young JC. To be sure, he cou ...ed to work as promised, leaked and then exploded, putting my mother-in-law in hospital and your warranty department is not answering the phone” but you

BLACKADDER: Look, there’s no need to panic. Someone in the crew will know how to steer this thing. <br> ...the world of the kinds of systemic risk that have the habit of building up in the financial system. Since, like Captain Redbeard Rum, your correspondent

...tury. Moses is regarded as one of the most powerful and influential people in the history of New York City and New York State. The grand scale of his inf ...nomous public authorities, through which he controlled millions of dollars in revenue and directly issued bonds to fund new ventures with little outside

...you a large sum of money; you pay me interest, and eventually pay it back. In the mean time I am constantly beset by daemons, plagues, dread terrors and ...e syndicated amongst a bunch of borrowers. There are also traded interests in [[loan]]s called [[participation]]s. These may also be secured or unsecured

...tions under it are limited to a defined pool of assets. You see this a lot in [[repackaging]]s, [[securitisation]]s and other structured transactions inv ...d recourse obligation|secured note]]s, to investors and with the proceeds, buy securities, make investments and enter swaps, loans and other transactions

...nts designed to manage the risk of employment variability. First developed in the early part of this millennium by derivatives pioneer and perennial boil ...and was high, his salary ''should'' ratchet up in pleasing annual notches. In times of recession it would not. The record of his own payslips reflected a