Template:ABS - FWMD

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Top Trumps®
Financial Weapons of Mass Destruction®



ABS


Tax havens! Derivatives! Bearer paper!


Docs Secured MTN. Heavy, but dreary. 7
Amendability Fat chance. If you don’t like it, ummm — well, what did you buy it for? 0
Collateral Fully funded, backed with juicy second mortgages on residential homes in suburban Reno? Yum Yum. 7
Transferability Bearer paper right? Good luck with that. Buy ABS, get stuck with it. 7
Leverage Usually not, but skip down the tranches and just maybe! 4
Fright-o-meter Can frighten the bejesus out of those of a nervous disposition. But bark worse than bite. 5