Sunday, January 1, 2017

Co Cos equity from bond conversions ...and the general state dependent paper status

The features of asset paper can be metamorphic

One state of the system or other

One state equity another debt for example combined with derivativization
Could be nearly universal

The ability to automate leverage ratios at the unit level is crucial here

Rigidity is the enemy of stability continuity prosperity

Funding paper must learn to Flex not shatter

Diffusing the loss also diffuses the gain


Moderating risk will never be a spontaneous outcome of profit max games

Assigning and enforcing accountability thru Responsibility must sharpen
Even as reformations innovations progress
The  focus/ target become more accurate and inescapable
even as risk spreads