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A spotter’s guide to the men and women of finance.
What the documentation unit means
- Sales: WHERE'S MY GODDAMN ISDA?
- Credit: Why don't we throw in an indemnity and a unilateral close-out right? It won’t hurt to give it a try.
- Chief Operating Officer: Who the hell are these people and why do they cost so much? Where are the economies of scale?
- General counsel: This is what Sales, Trading and the Executive Management Committee has in mind when it thinks of my legal department. This pains me. Maybe if I gave it a snazzy new name, like the Contract Negotiation Specialists Group. Would that help?
- IT WILL.
- NICE TRY, BARCLAYS