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Amwelladmin (talk | contribs) (Created page with "{{a|myth|}}One of the great foundational myths of the financial market is that, in times of trouble, a council of expert market professionals will rally around a stricken coll...") |
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{{a|myth|}}One of the great foundational myths of the financial market is that, in times of trouble, a council of expert market professionals will rally around a stricken colleague and provide wise, equable and firm prices on complicated derivative positions that underly the dealer’s structured products business. It is enshrined in the canonical texts of the financial services faith: the {{isdama}}, the run of standard ICMA bond terms and conditions. | {{a|myth|}}One of the great foundational myths of the financial market is that, in times of trouble, a council of expert market professionals will rally around a stricken colleague and provide wise, equable and firm prices on complicated derivative positions that underly the dealer’s structured products business. It is enshrined in the canonical texts of the financial services faith: the {{isdama}}, the run of standard ICMA bond terms and conditions. | ||
The fact that such a council of | The fact that such a council of [[reference dealers]] has never once been reliably witnessed in the [[Swap history|history of the derivatives markets]], yea even unto the [[First Men]], troubles no-one. | ||
{{Sa}} | {{Sa}} | ||