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Fish or cut bait: Difference between revisions
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Suddenly, out of nowhere, your [[broker]] has a gun to your head, but apparently not much better an idea than you do what to ''do'' about it. {{sex|She}} keeps muttering nervously and changing the subject whenever you mention it. | Suddenly, out of nowhere, your [[broker]] has a gun to your head, but apparently not much better an idea than you do what to ''do'' about it. {{sex|She}} keeps muttering nervously and changing the subject whenever you mention it. | ||
Now you ''could'' ask for a [[NAV trigger]] ''waiver'' | Now you ''could'' ask for a [[NAV trigger]] ''waiver''<ref>And you should: this will start a petulant war between the broker’s legal and credit teams about whose job it is to prepare and send it.</ref> but the moment you blow through an [[ATE]] never feels like the ''best'' time to crave your broker’s indulgence. It would be better had you sorted this out back in the day, when you were negotiating docs: the weather was fair, the wind filled your sail, the [[sales]]guy was frisky, and all was well in the world. | ||
And so was born the “[[fish or cut bait]]” [[negotiation]] gambit. This is to say, “all right, have your stupid [[NAV trigger]] but, if it happens — and it won’t, of course, but for the purposes of argument let’s just say it did — ''be prepared to put your money where your mouth is''. You have a month, soldier: shoot, or put your gun away. For ''good''.” | And so was born the “[[fish or cut bait]]” [[negotiation]] gambit. This is to say, “all right, have your stupid [[NAV trigger]] but, if it happens — and it won’t, of course, but for the purposes of argument let’s just say it did — ''be prepared to put your money where your mouth is''. You have a month, soldier: shoot, or put your gun away. For ''good''.” | ||