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{{a|devil|<center><youtube>https://www.youtube.com/watch?v=8PlLCKW4zuY</youtube><br>The awesome power of hindsight.</center>}}{{Quote| | {{a|devil|<center><youtube>https://www.youtube.com/watch?v=8PlLCKW4zuY</youtube><br>The awesome power of hindsight.</center>}}{{Quote| | ||
{{office scene|III|iv|gazes admiringly at his own Insta feed, which consists entirely of touched-up selfies|silently fumes while the [[JC]], who has managed to elbow his way into what was meant to be a private meeting of important people, and now will not stop talking}} | {{office scene|III|iv|gazes admiringly at his own Insta feed, which consists entirely of touched-up selfies|silently fumes while the [[JC]], who has managed to elbow his way into what was meant to be a private meeting of important people, and now will not stop talking}} | ||
:'''[[JC]]''': [''Winding down | :'''[[JC]]''': [''Winding down''] “... so, I ask you: why have we been so ''bad'' at stopping catastrophic risks from happening? Nick Leeson, [[LTCM]], [[Amaranth]], [[Enron]], Global Crossing, Kerviel, [[Madoff]], Bear Stearns, [[Lehman]], [[LIBOR]], [[Theranos]], London Whale, Mossack Fonseca, 1MDB, Wirecard ... ” | ||
:'''Head of Legal Ops''': [''Brightening'']: Ah yes! Simply put, we were not [[proactive|proactively]] looking for it. We were not using [[data]] properly to evaluate risk. To add value as an [[Inhouse lawyer|in-house legal]] function we need to use [[Innovation|innovative]] tools to crunch data, proactively spot emerging risks and escalate them to business.” | :'''Head of Legal Ops''': [''Brightening'']: Ah yes! Simply put, we were not [[proactive|proactively]] looking for it. We were not using [[data]] properly to evaluate risk. To add value as an [[Inhouse lawyer|in-house legal]] function we need to use [[Innovation|innovative]] tools to crunch data, proactively spot emerging risks and escalate them to business.” | ||
:'''[[General Counsel]]''': Yes! That is it! Why don’t we just have a [[chatbot]]? | :'''[[General Counsel]]''': Yes! That is it! Why don’t we just have a [[chatbot]]? | ||
:''' | :'''[[Head of Legal Ops]]''': [''purring''] Oh! | ||
:'''[[JC]]''': | :'''[[JC]]''': ''What''? But that’s not what I meant at all!}} | ||
On every [[disclaimer]] any [[financial services]] firm has ever sent — and ever ''will'' send, in the history of the world, until the [[End of days|End of Days]] — however paranoid, overblown, absurd, weird or wonderful, there will be one constant, ringing reminder: one thing, which, above all the others it will say: “[[past performance is no indicator of future results]]”. | On every [[disclaimer]] any [[financial services]] firm has ever sent — and ever ''will'' send, in the history of the world, until the [[End of days|End of Days]] — however paranoid, overblown, absurd, weird or wonderful, there will be one constant, ringing reminder: one thing, which, above all the others it will say: “[[past performance is no indicator of future results]]”. | ||