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Template:M summ GMSLA 7: Difference between revisions
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So what’s going on here? Not a lot, though it is fair to say it is fairly fundamental to the economics. There is a sublime drafting gem thrown in, almost as an afterthought, in the run-off grooves of paragraph {{gmslaprov|7.3}}. “[[Unless otherwise agreed]], ... such amounts will be paid on a specified date ... ''or such other dates as the parties [[from time to time]] agree''” is one of my favourite [[flannel]]esque bookends. It has an arabesque, [[Möbius loop|Möbius]], twisting circularity to it that you just can't teach. This is master craftspersonship. It is an Easter egg for purists. | So what’s going on here? Not a lot, though it is fair to say it is fairly fundamental to the economics. You have to pay a rate on the market value of the {{gmslaprov|Loaned Securities}} on top of any manufactured income, which is the {{gmslaprov|Lender}}’s price for getting out of bed, and where you have collateralised with cash, the {{gmslaprov|Lender}} pays you [[interest]]. (Where you have posted non-cash {{gmslaprov|Collateral}} the {{gmslaprov|Lender}} manufactures income back to you). | ||
===Flannel cracker=== | |||
There is a sublime drafting gem thrown in, almost as an afterthought, in the run-off grooves of paragraph {{gmslaprov|7.3}}. “[[Unless otherwise agreed]], ... such amounts will be paid on a specified date ... ''or such other dates as the parties [[from time to time]] agree''” is one of my favourite [[flannel]]esque bookends. It has an arabesque, [[Möbius loop|Möbius]], twisting circularity to it that you just can't teach. This is master craftspersonship. It is an Easter egg for purists. | |||