82,889
edits
Stuff you should know: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) m (Amwelladmin moved page Legal concepts all bankers should know to Stuff you should know) |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{a|devil|}}In a desperate attempt to stop [[salespeople]] going, “hey [[legal eagles]], can you read this email for me”, and to counterpoint lackadaisical [[credit officer]]s saying, “the question of whether we have credit risk to that bank account is a legal question on which I can’t opine”<ref>Real-life quote, by the way, from a [[managing director]] in a global investment bank, to which the retort ''should'' have been, but I regret to say was not, “pal, if you are really saying you don’t know that, you need to [[get your coat]]”</ref> we are running a snagging list of legal concepts no banker in her right mind should be able to plead ignorance. | {{a|devil|}}In a desperate attempt to stop [[salespeople]] going, “hey [[legal eagles]], can you read this email for me”, and to counterpoint lackadaisical [[credit officer]]s saying, “the question of whether we have credit risk to that bank account is a legal question on which I can’t opine”<ref>Real-life quote, by the way, from a [[managing director]] in a global investment bank, to which the retort ''should'' have been, but I regret to say was not, “pal, if you are really saying you don’t know that, you need to [[get your coat]]”.</ref> we are running a snagging list of legal concepts no banker in her right mind should be able to plead ignorance. | ||
[[Stuff you should know]], banker’s edition, then: | [[Stuff you should know]], banker’s edition, then: | ||
*How [[agency]] works and why you can’t be agent for yourself | *How [[agency]] works and ''why you can’t be [[agent]] for yourself'' | ||
*The nature of [[cash]] and [[indebtedness]] | *The nature of [[cash]] and [[indebtedness]] | ||
*What is a [[trust]] | |||
*How [[bank account]]s work, and why banks don’t keep your money in a little jar with your name on it (in part because, per the nature of cash, they ''can’t''); | |||
*[[Offer]], [[acceptance]] and [[consideration]] | *[[Offer]], [[acceptance]] and [[consideration]] | ||
*How [[set-off]] works, and more particularly, when it doesn’t | *How [[set-off]] works, and more particularly, when it doesn’t. | ||
*The difference between [[title transfer]] and [[pledge]]. | *The difference between [[title transfer]] and [[pledge]]. | ||