'swathing the concept” in complex jargon

Truckin'. Still truckin'...

Moderator: stilltrucking

Post Reply
User avatar
still.trucking
Posts: 1967
Joined: May 9th, 2009, 12:56 am
Location: Oz or someplace like Kansas

'swathing the concept” in complex jargon

Post by still.trucking » June 16th, 2009, 7:57 am

I love jargon. It makes me feel superior, so smart. Just like an intellectual, or a lawyer even.

Ms. Tett explains how bankers “delight in swathing the concept” of derivatives in complex jargon (not unlike that employed by deconstructionists in academia a decade or two ago), as “opacity reduces scrutiny and confers power on the few with the ability to pierce the veil.”

Greed Layered on Greed, Frosted With Recklessness
"Natural selection, as it has operated in human history, favors not only the clever but the murderous." Barbara Ehrenreich

Avatar

Free Rice

Post Reply

Return to “Asylum for the Terminally Vain”

Who is online

Users browsing this forum: No registered users and 1 guest