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{{a|glossary|{{image|Aviary 1403065550574(2)|jpg|[[Chicken Licken]], yesterday}}}}Once upon a time, an acorn fell on Chicken Licken’s head. Being [[Mediocre lawyer|legally qualified]] and rightly concerned about the risk that this would be [[Recharacterisation|recharacterised]] as evidence that the sky was falling, Chicken Licken rushed off at once to warn the King<ref>In this alternative universe, the King was predisposed to heed warnings from neurotic [[domestic animals]].</ref>. On {{sex|her}} journey, Chicken Licken met other [[Mediocre lawyer|dumb animals]] whom she persuaded [[title transfer collateral arrangement]]s might be [[recharacterisation|recharacterised]] as [[secured loan]]s, [[credit derivative]]s as [[insurance contract]]s, and [[synthetic PB]] as [[cash equity]], and that a client’s [[insolvency administrator]] might [[cherry-pick]] their [[out-of-the-money]] [[derivative]] positions and before long the [[legal]] department numbered 400 and had an annual spend of £800m. | |||
The sky | But they all ran into a fox who duped them all to rush into its lair, where it ate them all up. | ||
The nervy animals never made it to the [[King Cnut|King]], who remained blissfully unaware of the impending collapse of the sky. In the mean time, he was making a small fortune trading [[delta-one]] equity derivatives until one day [[King Cnut|the tide came disobediently in and drowned him]].<ref>Moral of the story: [[Brexit means Brexit]].</ref> | |||
===The standard issue drafting joke, [[chicken-licken]] edition=== | |||
{{elephants in custard}} | |||
===On the other hand=== | |||
[[Arthur Andersen]]. If you need any more explanation of this, you really haven’t being paying attention in the last 15 years. | |||
===See also=== | |||
*[[Recharacterisation]] | |||
*[[Mediocre lawyer]]s | |||
*[[Enron]] | |||
{{c3|Egg|Metaphor|Risk}} | |||
{{ref}} | |||
__NOTOC__ | |||