Derivitives anyone ? :)

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  1. cl_steele's Avatar
    • TSR Idol
    • Location: Wellington
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    Derivitives anyone ? :)
    By any chance is anyone here vagualy knowledgable on Derivitives and if so would they mind explaining what they are in laments terms, i've recently been reading a book which extensively refferences them and its making it rather hard to understand and the info google throws out may aswell be in Japanese for all the sense it makes
  2. Bill_Gates's Avatar
    • Overlord in Training
    • Posts: 3,022
    Re: Derivitives anyone ? :)
    financial instruments for screwing people over.
  3. cl_steele's Avatar
    • TSR Idol
    • Location: Wellington
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    Re: Derivitives anyone ? :)
    (Original post by Bill_Gates)
    financial instruments for screwing people over.
    Ha sounds about right from what the book said aswell :L
  4. Bill_Gates's Avatar
    • Overlord in Training
    • Posts: 3,022
    Re: Derivitives anyone ? :)
    (Original post by cl_steele)
    Ha sounds about right from what the book said aswell :L
    Dont bother calling the FSA they wont know :P
  5. cl_steele's Avatar
    • TSR Idol
    • Location: Wellington
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    Re: Derivitives anyone ? :)
    (Original post by Bill_Gates)
    Dont bother calling the FSA they wont know :P
    Havent they been broken up yet? i thought that delightful man Mr Osbourne was dissolving it?
    mmm in the book it was talking about how BT got a good kicking for selling exploding ones to certain high profile companies who took great exception to this and being called 'a bunch of ****ing idiots who have it coming'
  6. Bill_Gates's Avatar
    • Overlord in Training
    • Posts: 3,022
    Re: Derivitives anyone ? :)
    (Original post by cl_steele)
    Havent they been broken up yet? i thought that delightful man Mr Osbourne was dissolving it?
    mmm in the book it was talking about how BT got a good kicking for selling exploding ones to certain high profile companies who took great exception to this and being called 'a bunch of ****ing idiots who have it coming'
    lol what book is it?
  7. cl_steele's Avatar
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    • Location: Wellington
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    Re: Derivitives anyone ? :)
    (Original post by Bill_Gates)
    lol what book is it?
    F.I.A.S.C.O by Frank Partnoy, quite a good read actually
  8. Azaro's Avatar
    • Full Member
    • Posts: 139
    Re: Derivitives anyone ? :)
    which of the 10.000 sortsof derivatives do u want to know more about?
  9. xander93's Avatar
    • Exalted Member
    • Location: Manchester
    • Posts: 292
    Re: Derivitives anyone ? :)
    (Original post by cl_steele)
    in laments terms
    The phrase is "in layman's terms"

    It refers to somebody who is not of the cloth i.e. not a person of religious authority, but is now generally understood to mean the average person.
  10. cl_steele's Avatar
    • TSR Idol
    • Location: Wellington
    • Warning points: 10
    Re: Derivitives anyone ? :)
    (Original post by xander93)
    The phrase is "in layman's terms"

    It refers to somebody who is not of the cloth i.e. not a person of religious authority, but is now generally understood to mean the average person.
    Im well aware of what it means even if i did get the word wrong...
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