Clauses & Controversies
Clauses & Controversies
Mitu Gulati & Mark Weidemaier
Ep 174 - Something Black in the Lentils
39 minutes Posted May 11, 2026 at 12:26 pm.
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Something Black in the Lentils:
We are back with our favorite type of podcast — speculation about legal implications built around facts that are constructed entirely from rumor and innuendo. Weird stuff is going on with the Senegalese yield curve. And we wonder whether the weirdness might relate to Senegal’s desire to avoid triggering margin calls on its TRS contracts (which we'd really like to see). If there is some jiggery pokery going on - perhaps with respect to auctions of the three-year maturity - is that bad faith? Possibly, maybe, kinda sorta. We aren't English lawyers. We're barely even lawyers. But maybe there is something strange afoot. Surely it will all soon be disclosed, especially if Senegal defaults and all these contracts go . . . well . . .
Producer: Leanna Doty