Tuesday, February 12, 2013

collateralized dough obligations.

(After my cubicle mate hands over the Girl Scout Cookies which I ordered…)

Him: “People kept asking me about the delivery date. I was tempted to write some complicated rule, like the expiration date rules for the CME.”

UIM: (laughing)

Him: “Third Friday of the month before the Chinese New Year, or something. I’d have to write a spec.”

UIM: “And we’d have to issue a bulletin of approved Cookie warehouses.”

Him: “Would we use future root GSC?”

UIM: (checking reference database) “GSC is only a root in Sydney. So you can’t trade Australian Girl Scout Cookies. So, there goes our arbitrage market.”

Him: “Dammit.”

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