Template:CDO squared - FWMD

From The Jolly Contrarian
Revision as of 08:56, 30 September 2024 by Amwelladmin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
Top Trumps®
Financial Weapons of Mass Destruction®



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