But this is a really important client: Difference between revisions

no edit summary
No edit summary
No edit summary
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
{{a|negotiation|{{disaster cafe}}}}Of all the preposterous rationales for weakening key protections in your legal docs, this is perhaps the most bizarre: that the client is ''so big'', and is going to generate ''so much revenue'', that it warrants ''relaxing'' the firm’s ordinary, prudent, [[Credit risk|credit]] and [[market risk]] standards to the point of meaninglessness, on the premise that this, and ''only'' this, will nudge this wondrous [[golden goose]] across the threshold, into the hotel room and onto the satin-sheets of the double-king.  
{{a|negotiation|}}}Of all the preposterous rationales for weakening key protections in your legal docs, this is perhaps the most bizarre: that the client is ''so big'', and is going to generate ''so much revenue'', that it warrants ''relaxing'' the firm’s ordinary, prudent, [[Credit risk|credit]] and [[market risk]] standards to the point of meaninglessness, on the premise that this, and ''only'' this, will nudge this wondrous [[golden goose]] across the threshold, into the hotel room and onto the satin-sheets of the double-king.  


The firm would not ''dream'' of similar indulgence for a small, pissant client doing a handful of [[vanilla]] trades.
The firm would not ''dream'' of similar indulgence for a small, pissant client doing a handful of [[vanilla]] trades.