Template:CDO squared - FWMD: Difference between revisions

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{{fwmdtt|imagetype=png|nickname=CDO squared|title=CDO Squared|tagline=Strap on the asbestos, lads, we’re going in.|documentation=Bond [[indenture|indentures]], [[red herring]]s, [[10b-5 opinion]]s, the works!|booklets=[[2003 ISDA Credit Derivatives Definitions]]|customisability=Pretty standard, all told. It’s all in the reference portfolio. 5|asset classes=Underliers: senior debt. Notes themselves: TOXIC WASTE MAN 11|amendability=Nope. Once you bought it, you are stuck with it.|transferability=Theoretically high. Practically nil. No-one wants your toxic waste, senator.|tenor=5-13 years. Sticky. 8|leverage=All the leverage you could want, and more. Especially in the junior tranches. 8|collateral=Yeah, good luck on that, friend. Your collateral is shonky [[CDO]] issues the [[manager]] couldn’t get out of the warehouse. And you just wrote a [[put]] on them.|longevity=Burned like a bright star, and then - went supernova, just like one.|frightometer=11}}
{{fwmdtt
| image=Castle Romeo.jpg
| nickname=CDO²
| tagline=Just like OCD, only in alphabetical order, and it will fuck you up''.  
| documentation= [[Indenture|indentures]], [[red herring]]s, [[10b-5]]s, the works! | docscore=10
| amendability= Zilch. Oh, the [[trustee]] might agree amendments ''for'' you, you say? HAHAHAHAHA |amendscore=10
| collateral=Shonky [[CDO]]s the [[manager]] couldn’t get out of the warehouse. ''And you just wrote a [[put]] on them''. | collateralscore = 8
| transferability= Theoretically high. Practically nil. No-one wants your toxic waste, senator. | transferscore = 6
| leverage=All the leverage you could want, and more. Especially in the junior tranches. | leveragescore = 8
| frightometer=All-out superpower confrontation. Straight-up toxic waste. | frightscore=11
}}

Latest revision as of 08:56, 30 September 2024

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CDO²


Just like OCD, only in alphabetical order, and it will fuck you up.


Docs indentures, red herrings, 10b-5s, the works! 10
Amendability Zilch. Oh, the trustee might agree amendments for you, you say? HAHAHAHAHA 10
Collateral Shonky CDOs the manager couldn’t get out of the warehouse. And you just wrote a put on them. 8
Transferability Theoretically high. Practically nil. No-one wants your toxic waste, senator. 6
Leverage All the leverage you could want, and more. Especially in the junior tranches. 8
Fright-o-meter All-out superpower confrontation. Straight-up toxic waste. 11