One of those memorable conversations :)

So what happens when two finance enthusiasts chat?

Before we move on to that, let me give a background of the story, we girls went for buying some things from our so called 'tech market', and while returning, we meet a bunch of guys from our batch. For one and a half hours, the two groups sit in front of an eating joint named 'veggies', demanding a treat from each other. In the end, girls back to their hostel, without eating anything.

So one of my good friends here, Md (also a Finance enthusiast) pings me in the night and so goes our conversation.

(Presented as it is, in the chat lingo)

Md: see...today we returned from the veggies w/o having anything.. :(

me: guys r supposed to treat girls not otherway round

Md: yeah agreed...but when guys dont have money then? :)

come on...atleast someday gals should lend them some money...so that they can treat the gals and then return the money...

me: return the money??? should we expect that :)

Md: wat !!!

why such bad credit rating? :)

me: credit rating of C for Md and S :)
(S is a common friend, who is always with Md)

Md: i have strong cash flows, good amount assets of piled up, lot of goodwill and AAA rating by other gals..!!! :D

i m not sure why ur company is not lending the money ..!!!

me: we don’t believe in other banks’ credit rating, i think all will agree to S&P(my) rating :)

Md: no ..actually their experience speaks in their credentials given to this investment bank..!!! u havent dealt with us...there are windfall profits mam..!!!!

me: we feel tht the company you have recently merged(S) have bad rating also, goodwill of tht company has degraded, esp after it has liquidated(with drinks) some of its assests and made some funny declarations :P

Md: no no..thats rumour in the market...we are not merged with that "Sachs" banks...there might be some transactions of securities but those are general and simple debt obligation payments..we are a stand alone white paper company..:)

me: ok, then we can reconsider your offer, let my principals do some more research and look at the market conditions, if the market feels tht investing in your company is a good option and returns r high and assured, then our bank will be able to lend u some money, and mind you, our credit rating goes a along way in giving confidence to other investors :)

Md: You are welcome...!!!! my books are open for due diligence..but you will have to do Systematic Lending. In which you will lend one ice cream every week till May 2009 and then my bank will start paying your bank in chocolate currency...:)

me: first of all we dont believe in systematic lending and we believe in a floating rate interest with put option, so lets see how we can work this out

Md: see Ice creams to Chocolates...the NPV is really delicious..:)
the risk is really worth taking..:)

me: with the exchange rates for chocolates fluctuating, we dont really believe in a transaction through tht currency, i think we can fix it in icecream currency

Md: ok no issues..!!! but i m telling you...chocolate rates are bound to go up only...as we will buy lot of chocolates in this KGP street, ppl will run to buy them as well..we can infact do a futures contract where you will get future chocolates at current rates..:)

me: i think the same applies to icecreams as well, so i don’t mind having a futures contract in that

Md: hmm...dont u think an icecream with a friendly gesture would have been much better rather than going into these tantrums..:)

me: we r investment bankers, we dont do simple things, we assess,hype up and then do the deal. U know we live life kingsize (courtesy “D”) :D

Md: yeah...that means that you can offer Kingsize icecreams to your fellow bankers also.. ;)

me: only if it comes back in the form of a double kingsize family pack icecreams :)

Md: cool...idea is actually not bad...!!! anyway it will mean that this banker will get more ice cream than normal times... ;)

me: sure, i think ROI is good in this deal :)

Md: you are welcome to announce the deal in the market...wat will be the deal declaration date and when will deal happen?

me: deal declaration date and deal happening will be informed to you in the due course of time, thanks for dealing with us, we hope to maintain a successful relationship with you in the coming years

Md: wow.. that was wondeful...i seriously never thought we can be this geeky..!!! :)

me: seriously :) it was fun :)

Md: out and out FinFinFin...God please let some recruiter see this chat..!!! :P :P

me: we will put this chat along with our resume and give it to placecomm(placement committee) :)

Md: he he..:) colleague recos :P :P

me: :) :) :)

Md: my head is so heavy with the stuff that i have to have one ice cream now :)

One of those memorable conversations which puts a smile on your face everytime you think about it. Dedicated to all the FIN enthusiasts around us :)