I have, I just did not remember that particular scene (ambush with a cup of coffee). What a great movie, too
I think there are some funds that have isda who are smaller like HAP (he’s got like 150 I think). But he’s an important layoff account so it’s a different story.
My guess would be about 35-60, at least given what I know about the flow he gets. I (and many others) wish I can get some of it, but the layoff propositions I get are mostly shit.
It’s a scale business. You have to be the first call which means you have to take all the shitty trades too.
There is that. He's also really well connected with dealers, sometimes in shady ways. Notably, he does not do any index layoffs and I agree with him - anything like that is a horrible business.