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For [[Lehman]] is a [[risk controller]]’s [[magic incantation]] — a [[hex]], a [[horcrux]], a way of killing lively debate stone dead in its tracks. For any new initiative, any pragmatic proposal to do things in a smarter way, can be derailed by oblique reference to the sad demise of Lehman brothers, however irrelevant it may be. For, as we all know, [[Chicken-licken|the sky fell in]] on {{t|Lehman}}’s head because it tried to standardize its business and create robust operational flows that didn't involve [[credit]] sitting on [[cross default]] escalations for three weeks. | For [[Lehman]] is a [[risk controller]]’s [[magic incantation]] — a [[hex]], a [[horcrux]], a way of killing lively debate stone dead in its tracks. For any new initiative, any pragmatic proposal to do things in a smarter way, can be derailed by oblique reference to the sad demise of Lehman brothers, however irrelevant it may be. For, as we all know, [[Chicken-licken|the sky fell in]] on {{t|Lehman}}’s head because it tried to standardize its business and create robust operational flows that didn't involve [[credit]] sitting on [[cross default]] escalations for three weeks. | ||
Similarly, opposing [[Magic circle law firm|counsel]] will resist any stroke of your pen against their mangled syntax on the unelucidated pretext that they “lived through the [[Lehman]] administration” — let’s face facts, campers: the Lehman collapse was hardly some prisoner-of-war chain-gang on Burma railway for our learned friends — and therefore | Similarly, opposing [[Magic circle law firm|counsel]] will resist any stroke of your pen against their mangled syntax on the solemn, but unelucidated, pretext that they “lived through the [[Lehman]] administration” — look, let’s face facts, campers: the [[Lehman]] collapse was hardly some prisoner-of-war chain-gang on Burma railway for our learned friends — and therefore the record must state, in [[legal triplicate]]s, the obvious truism that [[Time is of the essence|time being of the essence]] [[shall]] not vitiate [[applicable]] contractual [[grace period]]s, and under no circumstances could an appeal to the common sense, pragmatism or basic skills of in formal logic of those on the bench be countenanced to see that proposition through. | ||
Had only its [[credit]] team been allowed to vacillate nervously for weeks upon end about whether to waive {{isdaprov|Credit Event Upon Merger}} for [[Hedge fund]] clients, [[Lehman]] might still be with us today. | Had only its [[credit]] team been allowed to vacillate nervously for weeks upon end about whether to waive {{isdaprov|Credit Event Upon Merger}} for [[Hedge fund]] clients, [[Lehman]] might still be with us today. | ||