The ISDA Protocol: Difference between revisions

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{{a|opcoboone|}}<div class="indent">When they signed the armistice the remaining banking superpowers resolved that never again would they engage in such futile destructive behaviour.  
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== Background ==
When they signed the armistice the remaining banking superpowers resolved that never again would they engage in such futile destructive behaviour.  


By BCB accord, use of financial weapons was forever banned, the superpowers agreeing to create a peacekeeping force with wide-ranging powers of inspection. Peacetime use of controlled derivative devices to generate power for the world’s financial markets was of course permitted, but a pan global regulatory force could inspect at any time.
By BCB accord, use of [[FWMD]]<nowiki/>s was forever banned, the superpowers agreeing, by conference at Bretton Woods, to create a multi-partite peacekeeping force with wide-ranging powers of inspection. Peacetime use of controlled derivative devices to power and heat for the world’s financial markets was, of course, permitted, but a pan-global regulatory force could inspect at any time.


Meanwhile massive iosco transporter helicopters dropped gigatons of liquidity on the still small ring left over from the great financial war.
Meanwhile, the BCBH established five-sigma exclusion zones around the still-smouldering ruins left over from the great financial war, while massive [[IOSCO]] transport helicopters flew continuous missions over the “[[Lehman]] sarcophagus,” dumping gigatons of flame-retardant liquidity upon it and similar sites for years after the armistice.


Financial world returned to stability and progress. The worth of course flare-ups: no one expected the flare up at the BBA libor plant that exposed the rotten core at the IRS reactors in West London. Eventually it was quelled, but not before taking out the a transporter craft carrying upper management suites of a global institutions, crash-landing, ironically on on a conference centre where a meeting between the British bankers association and the Bank of England was taking place. The crash site was swiftly isolated and neutralised with credibility derivatives.
Gradually, the financial world returned to stability and progress. The were, of course, flare-ups: no one expected a hiccup during routine testing at the massive BBA-LIBOR facilities in E14 in 2010 to cause a reactor meltdown, but the chain-reaction was swift and before it could be brought under control the gigantic IRS generators that powered much of London were knocked out for months. By the time the situation finally normalised, there had been significant casualties: not least when a transporter carrying upper management team ran out of plausibility and crash-landed on the very building housing the BOE’s crisis headquarters. The crash site was swiftly isolated and neutralised with [[credibility derivatives]].
----''Interlude - the Rake’s Progress of Private Melvin, part 1: The crooked E. The  Early interaction with Graeber, whom Melvin bullies.''


Interlude - the Rake’s Progress of Private Melvin, part 1: The crooked E. The  Early interaction with Graeber, whom Melvin bullies.
== The shakedown ==
Officer Lloyd Graeber sat shotgun in the parked-up cruiser, his brim over his eyes, drumming fingers on the dash. Boone was taking his sweet time. Then again, ''Chez Guevara'' was always busy. The cops’ favourite chow hangout: best donuts and coffee in Soho.  The CB burbles: A.P.B. on some goons running about in a hot, late-model silver GMRA.  


Meanwhile things slowly turned to normal for commando Opco Boone of the I.S.D.A.’s crack drafting squad. He has a desk job now, is units, dispersed at the end of the war and now he does not know where his brothers and sisters In arms are stationed, or if they are even still alive.
There’s a honk and a squeal and a slick, sharkish sedan cruises through red light opposite and rolls towards him. ''Silver''. Graeber leaps out of the wagon and waves the driver down. The sedan pulls over easy. The driver’s side window opens a crack.  


Opco believes the uneasy truth is false and that unseen forces are gathering in the shadows. He is fighting a ongoing battle with the commanding officer, Sir Stuart Palmer Jenkins, who encourages him to embrace the technological devices that will replace old style policing.   
“Good morning, sir. Are you aware you just ran a red light there?”
 
“''Did'' I?” The driver was a burly man in a shiny suit. He apologised greasily and insincerely thanked Graeber for being kind enough to bring the matter to his attention. He turned over the engine and began to wind up his window.
 
“Hold on, sir.”
 
The window wound back down. “Are we okay, Officer?”
 
“I am just fine, sir. May I see your licence and KYC papers?”
 
The driver slowly read his badge out loud. “Officer Graeber. ES-2423. That’s Eagle Squad, isn’t it?”
 
“Yes, sir.”
 
“Isn’t it a little ''below'' an officer from an elite Fin-Crime to be enforcing traffic rules?”
 
Graeber began a monologue. He knew it pat. It was the one he, and all Eagle Squad cadets, were drilled with from their first day: “If we let minor disorders go, invite major disorder to come —”
 
The driver tried again: “I salute your commitment to defend our broken windows, officer. But, with respect, no windows got broken here. My client is a very important man. He is on his way to a very important meeting. With other very important people. Now, I would love to stop and chat, but today, alas, there just isn’t time. Now, if you—”
 
“Important man?”
 
The driver nodded, slowly. The rear window lowered six inches. A silver-haired man in sunglasses gave a celebrity smile, as if Graeber should know who he was. Next to him was an  androgynous, alien, but icily beautiful youth of indeterminate age.
 
Officer Graeber did not recognise him. But he thought he recognised the kid, at least by type.  He knew a vega hooker when he saw one.
 
“I am afraid  I am going to have to ask you to step out of the vehicle.”
 
“Why, you little —”
 
In a fluid motion Graeber hauled the driver out of the car, shunted him across the bonnet, unholstered his piece and pressed its muzzle into the man’s neck and began to read him his rights. Let’s have your KYC papers
 
The silver-haired passenger had emerged from the car. He said, “An un-netted ’92 L.F.C. I sure hope you have a licence for that, son —”
 
“Lloyd, what’s going on? What the hell’s going on?”
 
Eagle Squad Commander Opco Boone, LLB Hons (2nd class) was standing on the pavement, clutching polystyrene cups and a paper bag of donuts, and regarding his partner with horror.
 
 
== The desk job ==
Meanwhile things slowly turned to normal for commando [[Opco Boone]] of the I.S.D.A.’s [[crack drafting squad]]. We know Opco saw action, and is scarred by it, but we don’t know the details. They will come back to Opco as the story unfolds. Though still shell-shocked, he has a desk job now, but bridles at the timidity of his role, and the uneasy peace of the post-crisis world.
 
Opco believes unseen forces are gathering in the shadows, and is privately collecting evidence to back his theory up. His nemesis in this theory is his commanding officer, Sir Stuart Palmer Jenkins, who encourages him to embrace the technological devices that will replace old style policing.   


Boone follows lead [NEEDS EVENT] that takes him into the “Vega Dens” supposedly legal synthetic alpha generators operating underground clubs in London’s west end. Not wanting to blow his cover Boone accepts the offer of an alpha tray. It is served by a beautiful, otherworldly child. The child seems curiously unengaged. Dissociated. Boone goes to ask the child for more information but as it does the alpha takes hold and Boone falls deep into the well. As he sleeps, [The Romanian enters his chamber and arranges compromising pictures with the child.]
Boone follows lead [NEEDS EVENT] that takes him into the “Vega Dens” supposedly legal synthetic alpha generators operating underground clubs in London’s west end. Not wanting to blow his cover Boone accepts the offer of an alpha tray. It is served by a beautiful, otherworldly child. The child seems curiously unengaged. Dissociated. Boone goes to ask the child for more information but as it does the alpha takes hold and Boone falls deep into the well. As he sleeps, [The Romanian enters his chamber and arranges compromising pictures with the child.]

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