Template:OSLA - FWMD

From The Jolly Contrarian
Jump to navigation Jump to search
Top Trumps®
Financial Weapons of Mass Destruction®



OSLA


Call that a short? That’s not a short. This is a short.


Docs Vague, arcane, outdated and no netting airbags. 4
Amendability Bilateral, so yes, in theory — but more likely to tip out and sign up a fresh GMSLA. 2
Collateral Yes. Could be stocks, bonds — anything. 1
Transferability bilateral. Homey don’t ride that bus. 0
Leverage Fully cash collateralised, but a bonus point for the contra-flow collateral haircut. The lender net borrows from the borrower. Nice. 1
Fright-o-meter Generally sleepy “pluming of the financial, system” material, but shortsville, generally anachronistic and no netting, so GameStop freakout territory. 5