Corporate veil: Difference between revisions

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In the dimly-lit salons of financial services, it presents itself in a different way: the difference between ''what your employees know'' and ''what your systems know''.  
In the dimly-lit salons of financial services, it presents itself in a different way: the difference between ''what your employees know'' and ''what your systems know''.  


Here, the [[legal entity]], sitting primly behind its [[corporate veil|tulle veil]], is [[Short an option|short a rather ugly option]]; one which tries the patience of [[legal eagles]] — who will have to row it back when, as inevitably it will, everything goes Pete Tong — and of [[salespeople]] and other [[risk controller]]s, who will find the [[legal department]]’s craven ''softness'' when challenged utterly confounding.  
Here, the [[legal entity]], sitting primly behind its veil, is [[Short an option|short a rather ugly option]]; one which tries the patience of [[legal eagles]] — who will have to row it back when, as inevitably it will, everything goes Pete Tong — and of [[salespeople]] and other [[risk controller]]s, who will find the [[legal department]]’s craven ''softness'' when challenged utterly confounding.  


''Why is it that legal contracts never do what they’re meant to when you need them?''
''Why is it that legal contracts never do what they’re meant to when you need them?''