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Recharacterisation: Difference between revisions
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A fear that lives, loves, survives and flourishes in the febrile imagination of a young legal clerk, and of which many never entirely grow out, that Arthur might be regarded by the authorities who watch over us as Martha; Glen might be seen as Glenda, a [[synthetic prime brokerage]] trade be deemed to be a (taxable) cash equity trade, a [[title transfer collateral arrangement]] treated as an unregistered [[security interest]], a [[credit derivative]] ruled an unregulated [[insurance contract]] and so on and so on and so on. | A fear that lives, loves, survives and flourishes in the febrile imagination of a [[Mediocre lawyer|young legal clerk]], and of which many never entirely grow out, that Arthur might be regarded by the authorities who watch over us as Martha; Glen might be seen as Glenda, a [[synthetic prime brokerage]] trade be deemed to be a (taxable) cash equity trade, a [[title transfer collateral arrangement]] treated as an unregistered [[security interest]], a [[credit derivative]] ruled an unregulated [[insurance contract]] and so on and so on and so on. | ||
Don’t scoff: your livelihood depends on [[chicken-licken]]y risks like this being taken seriously. | Don’t scoff: your livelihood depends on [[chicken-licken]]y risks like this being taken seriously. | ||