Template:ABS - FWMD: Difference between revisions

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Revision as of 12:19, 17 January 2019

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Financial Weapons of Mass Destruction®


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ABS


Tax havens! Derivatives! Bearer paper!


Docs Secured bond issuance or Secured MTN. Compendious and tedious. 8 {{{docscore}}}
Amendability Generally low. Good luck with that Trustee, fellas! 3 {{{amendscore}}}
Collateral Fully funded, backed with those juicy valuable second mortgages on residential property in outer suburbs of Reno? Yum Yum. 4 {{{collateralscore}}}
Transferability bearer paper right? Good luck with that. Buy ABS, get stuck with it. 1 {{{transferscore}}}
Leverage Skip down the tranches and just maybe! 4 {{{leveragescore}}}
Fright-o-meter Can frighten the bejesus out of those of a nervous disposition. But bark worse than bite. 5 {{{frightscore}}}