Template:Erisa netting: Difference between revisions

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Seriously. That’s it.
Seriously. That’s it.


It is a frankly fantastical fear: Not only is it impossible to be certain, at this remove, exactly what the US [[Bankruptcy Code]] said in 1971, much less how it might have been interpreted in those days, but many of the institutions and concepts it relies onmay since have been abolished or materially changed. Who knows? perhaps some old hippyish [[safe harbor]]s from the 1960s that might apply to swaps. But then again, it’s not that likely — and it is just as harsh to blame US legislators for not enacting [[Safe harbor|safe harbors]] for swaps before the 1980s, since ''there [[Swap history|''weren’t'' any swaps before 1983]]''.
It is a frankly fantastical fear: Not only is it impossible to be certain, at this remove, exactly what the US [[Bankruptcy Code]] said in 1971, much less how it might have been interpreted in those days, but many of the institutions and concepts it relies onmay since have been abolished or materially changed. Who knows? perhaps some old hippyish [[safe harbor]]s from the 1960s that might apply to swaps. But then again, it’s not that likely — and it is just as harsh to blame US legislators for not enacting [[Safe harbor|safe harbors]] for swaps before the 1980s, since ''there [[Swap history|''weren’t'' any swaps before 1981]]''.