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{{ | {{gmslanat|Addendum 4}} | ||
This bit gives the {{gmslaprov|Borrower}} the comfort that the it will find out who the {{gmslaprov|Principal}} {{gmslaprov|Lender}} even ''is'' - if it doesn't then there's a bit of a practical problem knowing who to sue if yon Lender neglects to return its collateral which, in the ordinary course, it will have over-margined with a [[haricut]] of 5 percent or so. So this is a live issue, especially if, as many institutional Borrowers do, you borrow from [[agent lender]]s in BIG SIZE. | This bit gives the {{gmslaprov|Borrower}} the comfort that the it will find out who the {{gmslaprov|Principal}} {{gmslaprov|Lender}} even ''is'' - if it doesn't then there's a bit of a practical problem knowing who to sue if yon Lender neglects to return its collateral which, in the ordinary course, it will have over-margined with a [[haricut]] of 5 percent or so. So this is a live issue, especially if, as many institutional Borrowers do, you borrow from [[agent lender]]s in BIG SIZE. | ||
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{{unallocatedtrades}} | {{unallocatedtrades}} | ||
[[Yours truly]] has waxed really rather lyrical about this conundrum in the modern asset management industry elsewhere | [[Yours truly]] has waxed really rather lyrical about this conundrum in the modern [[asset manager|asset management]] industry elsewhere — try, for example, [[undisclosed principal]]. | ||
{{Agencydisclosurescenarios}} |