82,891
edits
Repackaging programme: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
{{a|repack|{{fwmd|Repack programme}}}}A secured [[medium term note]] programme created by a zombie queen ant [[repackaging vehicle]] captive to the demands of a [[broker/dealer]] and used to sell [[securitised]] [[structured products]], [[par asset swap]]s, [[credit-linked notes]] and all that good stuff. | {{a|repack|{{fwmd|Repack programme}}{{subtable|{{Repack TOC}}}}}}{{dpn|/ˌriːˈpækɪʤɪŋ ˈprəʊɡræm/|n|}} | ||
A secured [[medium term note]] programme created by a zombie queen ant [[repackaging vehicle]], captive to the demands of a [[broker/dealer]] and used to sell [[securitised]] [[structured products]], [[par asset swap]]s, [[credit-linked notes]] and all that good stuff. | |||
==== GOAT | ==== GOAT repack programme ==== | ||
The second best | The ''second''-best repackaging programme in the history of the universe was [[Goldman Sachs]] International’s “'''MaJoR'''” Multi-Jurisdiction Repackaging Programme<ref>[https://patents.google.com/patent/EP1597650A2/en Patent applied for!]</ref> which, as its name suggests, was as cool as Jon and Ponch. You know, the ones from TV’s “[[CHiPs]]”.<ref>Youngsters: {{google|CHiPs}}.</ref> | ||
But time and tide encroached, and it fell into disuse, babbling away to its old friend and programmer, Duck Jeckson, as it went into | But time and tide encroached, and it fell into disuse, babbling away to its old friend and programmer, [[Duck Jeckson]], as it went into middle-aged infirmity, about a yet ''greater'' repackaging platform, yet to be designed. | ||
{{quote| | {{quote| | ||
{{script|Duck Jeckson}}: Wait, ''second'' greatest? I thought you ''were'' the greatest? <Br> | {{script|Duck Jeckson}}: Wait, ''second'' greatest? I thought you ''were'' the greatest? <Br> | ||
{{script| | {{script|MaJoR}}: ''[at this stage into its cups]'' You heard me. <br> | ||
{{script|Duck Jeckson}}: Who is greater? Surely not SPIRE? <br> | {{script|Duck Jeckson}}: Who is greater? Surely not SPIRE? <br> | ||
{{script|MaJor}}: SPIRE? Pah! Trouble me not with such pocket discombubulator stuff. No, I speak of none but the repackaging programme that is to come after me. A ''FAST'' programme, one whose merest operational parameters I am not worthy to calculate, but yet I will provide them —<br> | {{script|MaJor}}: SPIRE? Pah! Trouble me not with such pocket discombubulator stuff. No, I speak of none but the repackaging programme that is to come after me. A ''FAST'' programme, one whose merest operational parameters I am not worthy to calculate, but yet I will provide them —<br> | ||
| Line 18: | Line 19: | ||
[[Limited recourse]] is a trickier proposition when you try it outside the laboratory in the real world. We discuss this in our [[voidable preference]] article. | [[Limited recourse]] is a trickier proposition when you try it outside the laboratory in the real world. We discuss this in our [[voidable preference]] article. | ||
{{sa}} | {{sa}} | ||
*[[Repackaging vehicle]] | *[[Repackaging vehicle]] | ||
*[[Voidable preference]]s | *[[Voidable preference]]s | ||
*[[Limited recourse]] generally | *[[Limited recourse]] generally | ||
{{ref}} | {{ref}} | ||