Better late than never – MY NOW FAMOUS WORDS – WALL STREET DERIVATIVES :~)

\MARK POST #6550

ROOT SOURCE – DERIVATIVES

https://en.wikipedia.org/wiki/Derivative

https://en.wikipedia.org/wiki/Differential_equation

Derivative (finance)

https://en.wikipedia.org/wiki/Derivative_%28finance%29

What Is a Derivative on Wall Street?

http://finance.zacks.com/derivative-wall-street-1296.html

WELL IMAGINE MY OMG 2 SECOND OMG MOMENT – DAM… WAY TO FAST, DIDN’T HAVE TIME TO PROCESS IT AND GET THE FULL 4K 3D EXPERIENCE.

HERE IS MY FLEETING MOMENT EXPERIENCE ON THE SUBJECT.

THAT’S WHY CASINOS ARE ALL OVER THE PLACE.

DERIVATIVE = FANCY NAME FOR ‘BET’

IMAGINE, WAITING SINCE 1996 TO GET THAT FLEETING 2 SECOND BLIP.

OMG, HOW DISAPPOINTING. I’LL HAVE TO REV UP THE REGULAR OMG CHANNEL FOR SATISFACTION.

GEEZ, AND HERE I THOUGHT I WAS MAKING PROGRESS.

DARN, NOPE SORRY – DAMN !

NEED MORE ALGEBRA ME SAYS. POLYNOMIALS, FUNCTIONS AND TANGENTS – WELL, GOT TO START SOMEWHERE TO UNRAVEL THAT MESS.

AND HERE I WAS PLANNING A NO BRAINER, TUCKED IN FOR WINTER LINUX / SOLARIS LEARNING EXPERIENCE.

OH LA LA – CALCULUS – OUCH THAT’S GONNA HURT MY BRAIN.

WELL WE ALL NEED A GOOD CHUCKLE – SO I PROMISE TO GIVE YOU ONE WITH AN OLD 2008 CIBC OUTSTANDING DEBT FROM MY MARRIED LIFE DAYS. ARE THE BASES LOADED YET OR DO I NEED MORE???

I BELIEVE IT’S CALLED A CREDIT DEFAULT SWAP – IN THIS CASE CIBC SELLING IT’S DEBT TO AN ARM’S LENGTH CHILD CORPORATION TO TAKE THE BAD LOOKING STUFF(DEBT) OFF THEIR TRIPLE ‘A’ SPIT AND SHINE PORTFOLIO.

https://en.wikipedia.org/wiki/Credit_default_swap

REMEMBER CIBC – MY MEMORY OUTLASTS THE ENERGIZER BUNNIES AND ELEPHANTS COMBINED – HONESTLY… THIS IS GONNA HURT A HELL OF A LOT ! STAY TUNED PEOPLE. I’M CRANKED UP.

GOT TO LEARN ABOUT MONEY = WHAT BETTER WAY THAN TO SPEND MY WINTER MONTHS WITH A BROKEN DOWN JEEP !

AM I IN STITCHES YET ? JUST STARTING. HOLD ON, WE’RE GONNA HAVE A GREAT TIME TOGETHER.

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