Template:CDO squared - FWMD

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Top Trumps®
Financial Weapons of Mass Destruction®


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CDO squared


Strap on the asbestos, lads, we’re going in.


Docs indentures, red herrings, 10b-5s, the works! 10
Amendability Nope. Once you bought it, you’re stuck with it. 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. {{{leveragescore}}}
Fright-o-meter All-out superpower confrontation. Straight-up toxic waste 11