tag:blogger.com,1999:blog-11152564.post-1469887586702744942008-05-08T06:03:00.000-07:002008-05-08T06:53:39.839-07:00<span class="Apple-style-span" style="font-weight: bold;"><span class="Apple-style-span" style="font-size:large;">B</span>ONDSMAN</span><span class="Apple-style-span" style="font-style: italic;">, n. </span>A fool who, having property of his own, undertakes to become responsible for that entrusted to another to a third. Philippe of Orleans wishing to appoint one of his favorites, a dissolute nobleman, to a high office, asked him what security he would be able to give. "I need no bondsmen," he replied, "for I can give you my word of honor." "And pray what may be the value of that?" inquired the amused Regent. "Monsieur, it is worth its weight in gold."<div><br /></div><div><span class="Apple-style-span" style="font-weight: bold;">2008 Update:  </span>An arbitrageur in risk who helps to ensure that the market for confidence clears efficiently, by allowing two or more frauds to succeed in the same transaction.</div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/11152564-146988758670274494?l=bitterbierce.blogspot.com'/></div>Doughttp://www.blogger.com/profile/04753071669562594194noreply@blogger.com18