Remain Vigilant....

Scene 1: Phone Call
Erin calls the Counsel on her deal to let him know that a bomb just went off in a bus in Manila right near the hotel they are staying at next week.

Counsel remains calm, suggests we include a Risk Factor in the disclosure. (For the non-lawyers, Risk Factor = cautionary language in an offering document telling the potential investor of all the bad things that could happen that would make thier investment into utter crap, ie: things sometimes blow up in the country of the issuer and that may make people not want to buy your bonds from you when you want to sell them)

Erin is thinking, a Risk Factor- a bloody Risk Factor? Wtf, I am concerned about my freaking life and you want to add in disclosure???? Erin is concerned that Counsel's main concern is how this is going to effect potential deal- not about Erin's potential bodily injury.....

Scene 2: Emails:


1) From Counsel to Client:


Dear Client XXXX:
As discussed earlier, from our side, it will be Erin and I attending the meeting in Manila next week.


Kind regards,
XXXXX


P.S. just heard news there was a bombing in Makati city about an hour ago - see below. We may need to monitor travel advice to the area. We're going to have to update our risk factors now.


2) From Sr. Banker at Client to Counsel:


What ?? Serious ??

I am sitting on plane about to take off to manila ..


3) From Jr. Banker to All


Copying in XXXX, the associate in our team who is Filipino and says this is very common, nothing to worry about!

Just need to remain vigilant


4) From Sr. Banker to All:


Remain vigilant is just a nice way of saying 'pls don't sh+t your pants'


5) From Jr. Banker to All:


Yo just don’t take any buses

Seriously, this is my life.