Template:CDO squared - FWMD
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 |