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(Created page with "thumb|Your whole 25 year professional career boiled down, yesterday. The obsequious<ref>He’s not really obsequious but it just seemed like the r...")
 
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[[File:Ironmountainbox.jpg|thumb|Your whole 25 year professional career boiled down, yesterday.]]
{{a|g|[[File:Ironmountainbox.jpg|thumb|Your whole 25 year professional career boiled down, yesterday.]]}}
The obsequious<ref>He’s not really obsequious but it just seemed like the right word. It flowed. You know?</ref> fellow who comes in when all your employees are wandering around the plaza outside the office clutching an [[Iron Mountain]] box full of gonks, [[tombstone]]s, photos of pets, and out-of-date copies of that shitty [[FT book about derivatives]]. his, or her, job is to sort out all your contracts, close out the derivatives ([[cherry-pick]]ing where possible of course!), liquidate all assets and distribute the proceeds to credits.
The obsequious<ref>He’s not really obsequious but it just seemed like the right word. It flowed. You know?</ref> fellow who comes in when all your employees are wandering around the plaza outside the office clutching an [[Iron Mountain]] box full of gonks, [[tombstone]]s, photos of pets, and out-of-date copies of that shitty [[FT book about derivatives]].  
 
His, or her, job is to sort out all your [[contract|contracts]], close out the [[derivatives]] ([[cherry-pick]]ing your valuable [[in-the-money]] trades where possible of course!), liquidate all your assets and distribute the proceeds the line of creditors presently queuing around the block.


It sounds easy but there is a lot of devil in the detail.
It sounds easy but there is a lot of devil in the detail.


{{ref}}
{{ref}}

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