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Actually, [[Lehman]] ''is'' a thing, and it drifts on like [[Nosferatu]], the un-dead, still spreading its influence over everything we do in a way that its bodily manifestation in life was plainly unable to. [[MF Global]] has a similar effect, though there, memories fade. We are but mortal. | Actually, [[Lehman]] ''is'' a thing, and it drifts on like [[Nosferatu]], the un-dead, still spreading its influence over everything we do in a way that its bodily manifestation in life was plainly unable to. [[MF Global]] has a similar effect, though there, memories fade. We are but mortal. | ||
For [[Lehman]] is a [[risk controller]]’s [[magic incantation]] — a [[hex]], a [[horcrux]], a way of killing lively debate stone dead in its tracks. For any new initiative, any pragmatic proposal to do things in a smarter way, can be derailed by oblique reference to the sad demise of [[Lehman Brothers]], however irrelevant it may be. For, as we all know, [[Chicken-licken|the sky fell in]] on {{t|Lehman}}’s head because it tried to standardize its business and create robust operational flows that didn’t involve [[credit]] sitting on [[cross default]] [[escalation]]s. Had they only been allowed to vacillate nervously for weeks upon end about whether to waive {{isdaprov|Credit Event Upon Merger}} for [[Hedge fund]] clients, [[Lehman]] might still be with us today. | For [[Lehman]] is a [[risk controller]]’s [[magic incantation]] — a [[hex]], a [[horcrux]], a way of killing lively debate stone dead in its tracks. For any new initiative, any pragmatic proposal to do things in a smarter way, can be derailed by oblique reference to the sad demise of [[Lehman Brothers]], however irrelevant it may be. | ||
For, as we all know, [[Chicken-licken|the sky fell in]] on {{t|Lehman}}’s head because it tried to standardize its business and create robust operational flows that didn’t involve [[credit]] sitting on [[cross default]] [[escalation]]s. Had they only been allowed to vacillate nervously for weeks upon end about whether to waive {{isdaprov|Credit Event Upon Merger}} for [[Hedge fund]] clients, [[Lehman]] might still be with us today. | |||
Similarly, [[Magic circle law firm|counsel]] will resist any stroke of your pen against their mangled syntax on the solemn, but unelucidated, pretext that they “lived through the [[Lehman]] administration” and are so “scarred by the experience”<ref>Look, let’s face facts, campers: the [[Lehman]] collapse was hardly some POW chain-gang on Burma Railway for our learned friends, so hold those crocodile tears, okay?</ref> that that record must state, in [[legal triplicate]]s, obvious truisms and under no circumstances can one trust the common sense or capacity for formal logic of the [[Queen’s Bench Division]] to parse a sentence phrased in idiomatic English. | Similarly, [[Magic circle law firm|counsel]] will resist any stroke of your pen against their mangled syntax on the solemn, but unelucidated, pretext that they “lived through the [[Lehman]] administration” and are so “scarred by the experience”<ref>Look, let’s face facts, campers: the [[Lehman]] collapse was hardly some POW chain-gang on Burma Railway for our learned friends, so hold those crocodile tears, okay?</ref> that that record must state, in [[legal triplicate]]s, obvious truisms and under no circumstances can one trust the common sense or capacity for formal logic of the [[Queen’s Bench Division]] to parse a sentence phrased in idiomatic English. | ||