I may seem to have a peculiar aversion to these people, but only when considered collectively. Individually they are all very nice people, and as long as you don’t get them on the subject of US Regulation or market practice, perfectly agreeable company, especially after a few snifters.

But they — and the institutions that have shaped them and which they comprise — have come up with some of the most confounded gouts of articulated of nonsense ever to don a pair of stilts: Things like:

See also

Dramatis personae: CEO | CFO | Client | Employees: Divers · Excuse pre-loaders · Survivors · Contractors · The Muppet Show | Middle management: COO · Consultant · MBA | Controllers: Financial reporting | Risk | Credit | Operations | IT | Legal: GC · Inhouse counsel · Docs unit · Litigator · Tax lawyer · US attorney Lawyer | Front office: Trading | Structuring | Sales |