The banker’s own attitudes and beliefs shape his impressions of how the lawyer will respond to winning the bet in a way that the banker believes that the lawyer will be satisfied with his money and the banker’s avarice for wealth is the reason. He always thought that the lawyer chose fifteen years of capital punishment due to his greed for gold.
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The banker’s own attitudes and beliefs shape his impressions of how the lawyer will respond to winning the bet in a way that the banker believes that the lawyer will be satisfied with his money and the banker’s avarice for wealth is the reason. He always thought that the lawyer chose fifteen years of capital punishment due to his greed for ...
Jul 31, 2021 · 2. what prompts the lawyer and the banker to make to the bet? July 31, 2021 admicl2017br No comments. ... Thai Banker Makes a $2.7 Billion Bet to Secure His Family’s Legacy ... 2. the lawyer-client privilege is provided for …
Feb 28, 2022 · The banker believes that the death penalty is more humane than life captivity and argues that no one could stand being alone for a long clock. The lawyer, on the other hired hand, argues that the death punishment is more inhumane than life imprisonment because you are depriving person of their life–something that you can not give back ...
Oct 02, 2016 · The banker is a man that doesn't have high moral standards. Money is everything to him, and that is why he is willing to kill the lawyer …
The lawyer in Anton Chekhov 's story " The Bet " is forced to compensate for his confinement by trying to improve his mind through reading, thinking, and writing. He even teaches himself foreign languages. As a result he changes dramatically from being just another professional man motivated by greed and vanity into a sort of holy man who despises material things. Initially the lawyer only had potential. The intelligent reader can’t help thinking that he would do the same thing himself if he had to spend fifteen years in solitary confinement. Naturally he would do a lot of reading, and naturally this would improve his mind and change his character—providing he chose good books. It is reading that changes all of us. If we read great writers we acquire some of their greatness. That would seem to be the main reason for reading the works of writers like Plato and Aristotle. “The Bet” proves that if a person achieved the highest human wisdom he wouldn’t care about money or material things at all. He would be like Buddha or Jesus or Gandhi or Socrates, all of whom owned nothing and wanted nothing.
If the gatherer gathers too much, nature takes out of the man what she puts into his chest; swells the estate, but kills the owner.
Bankers drive the process forward, up to and including the point where they instruct their client to hire a law firm and then instruct that law firm to continue running the documentation part of the process/research some facet of the deal/etc.
Bankers focus primarily on questions of valuation and strategic angle. Lawyers focus primarily on questions of documentation and risk mitigation. Both are essential components in a transaction, but very different from one another from a practitioner's perspective. Both are professions that are similarly lucrative.
Bankers are valued for their negotiation tactics , not the BS pitchbook and valuation deck the juniors made. You think the CEO doesn't know how much he is willing to pay max? Your MD will try to decrypt the mind of all parties and come up with a valuation that makes his client happy. This is a sales business not a price discovery business.
The overall objective of Mergers and Acquisitions is typically financial/economic incentive . The bankers run point on the finance side of things and are thereby more instrumental to achieving the objective. Lawyers are needed to legally cement the features of the deal, but aren't in the drivers seat.
Lawyers are extremely, extremely important to the deal process. You literally can't and shouldn't even try to do any size transaction without legal help. A good lawyer is worth every penny.
Actually, not to overstate the depth of the "origination", but it is commonplace for lawyers to recommend bankers to their clients and bankers to recommend lawyers to their clients
CEO originates the deal. Rarely bankers convinced a CEO to do a deal. More often he has an idea and he finds the best executioner
Initially, the banker makes the bet for 5 years. He believes that the lawyer would not be able to endure 5 years of voluntary imprisonment. In the heat of the moment, the lawyer raises the stakes to fifteen years. He probably does this to prove how serious he is, and how much he believes that he is in the right.
At the end of the fifteen years, five hours before he would have gotten the 2 million rubles, the lawyer chooses to run away and revoke his right to the money, leaving a letter explaining himself. He has come to hate people and rejects the money on principle. This is the direct result of the learning he undertook while imprisoned: with his newfound knowledge of the world, material goods, including money, mean nothing to him, and he hates people for confusedly valuing these things so much.
Therefore, life imprisonment is preferable because you will still be alive throughout, and there will always remain the chance that will be freed. This philosophical disagreement is what motivates the bet; in fact, the bet itself can be seen as an extension of this very argument. 2.
The banker thought that the lawyer was asleep, dreaming about the 2 million dollars, and he only has to throw him on the bed, suffocate him a little with the pillow, and the most conscientious expert would find no sign of a violent death, but he should first read the letter on the table.
The lawyer suffered severely from loneliness and depression. The sounds of his piano could be heard continually day and night from his lodge. He refused wine and tobacco. He wrote that wine excites the desires, and desires are the worst foes of the prisoner; and besides, nothing could be dreamier than drinking good wine and seeing no one. The books he sent for were principally of a light character; novels with a complicated love plot, sensational and fantastic stories, and so on.
The lawyer sat immovably at the table and read nothing but the Gospel. Theological and histories of religion followed the Gospels. (Need theology and history of religion to understand the Gospel)
The lawyer read an immense quantity of books quite indiscriminately. At one time, he was busy with natural sciences, then he would ask for Byron or Shakespeare. There were notes in which we demanded at the same time chemistry, and a manual of medicine, and a novel, and some treatise on philosophy or theology.
Six hundred volumes; a letter stating that the lawyer wrote it in six different languages. The banker was to go to people who speak the languages. If he was right, a shot was to be fired in the garden.
the lawyer is being compared to the man struggling to find something to save himself. The pole is salvation and he is looking for that.
The Banker probably doesn't have any knowledge of the Gospels.