http://topum.livejournal.com/ ([identity profile] topum.livejournal.com) wrote in [personal profile] philmophlegm 2016-08-22 05:07 pm (UTC)

We had fun with the occasional poor audit manager sent to the trading floor to interview us. The poor guys were so clueless that there wasn't even a slightest chance for them even to begin to understand what we did there.

When it came to specific structures involving multiple SPVs, consolidation, embedded derivatives and application of hedge accounting between different entities there were just a handful of partners and directors worldwide we could really talk to.

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