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''<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.
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 have been better had you sorted this out back in the day, when you were handsome, young, the weather was set 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''.”

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