How the notes are filed

Five departments

I

Markets

Where the opportunity is, and how far that is from the nearest functioning registry.

02 notes II

Companies

Incorporation, and the long quiet period immediately after it.

02 notes III

Banking

The part everyone assumed was included.

01 note IV

Proposals

How work is described before anyone has agreed to pay for it.

03 notes V

Risk

Consequences, arriving later than scheduled and in writing.

02 notes

Department I

Markets

014 I — Markets

Every Door Has Its Own Key

Small jurisdictions, and the doors they are not actually opening.

5 min 007 I — Markets

Fifty-Four Countries, One Slide

On the enduring popularity of an entire continent as a business plan.

7 min

Department II

Companies

015 II — Companies

The Client Will Be in Touch

On files that stop, and what they go on costing while they are stopped.

4 min 011 II — Companies

Spain, From a Comfortable Distance

Everything you can do without boarding a plane, and the three things you cannot.

5 min

Department III

Banking

012 III — Banking

Congratulations, you have a company

On the small matter of somewhere to put the money — and the four weeks nobody budgeted for it.

6 min

Department IV

Proposals

010 IV — Proposals

Could We Do It by Friday

A phrase with a long and distinguished history of being said on a Thursday.

4 min 009 IV — Proposals

Nine Megabytes of Trust

On the proposal that arrives as an attachment and leaves as a rumour.

4 min 008 IV — Proposals

The Deck Was Magnificent

A short study of proposals admired at length and signed by nobody.

3 min

Department V

Risk

016 V — Risk

We’re Global Now

Two words, five tax authorities, and a correspondence that grows by itself.

6 min 013 V — Risk

It Seemed Simple at the Time

A field guide to structures that were cheap to build and expensive to own.

8 min