Template:CDO squared - FWMD: Difference between revisions

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| imagetype=png
| imagetype=png
| nickname=CDO squared
| nickname=CDO squared
| title=CDO Squared
| tagline= Strap on the asbestos, lads, we’re going in.
| tagline=Strap on the asbestos, lads, we’re going in.
| documentation= [[Indenture|indentures]], [[red herring]]s, [[10b-5]]s, the works! | docscore=10
| documentation=Bond [[indenture|indentures]], [[red herring]]s, [[10b-5 opinion]]s, the works!
| amendability= Nope. Once you bought it, you’re stuck with it. | amendscore=10
| booklets=[[2003 ISDA Credit Derivatives Definitions]]
| collateral=Shonky [[CDO]]s the [[manager]] couldn’t get out of the warehouse. And you just wrote a [[put]] on them. | collateralscore = 8
| customisability=Pretty standard, all told. It’s all in the reference portfolio. 5
| transferability= Theoretically high. Practically nil. No-one wants your toxic waste, senator. | transferscore = 6
| asset classes=Underliers: senior debt. Notes themselves: TOXIC WASTE MAN 11
| leverage=All the leverage you could want, and more. Especially in the junior tranches. | Leveragescore = 8
| amendability=Nope. Once you bought it, you are stuck with it.
| transferability=Theoretically high. Practically nil. No-one wants your toxic waste, senator.
| tenor=5-13 years. Sticky. 8
| leverage=All the leverage you could want, and more. Especially in the junior tranches. 8
| collateral=Yeah, good luck on that, friend. Your collateral is shonky [[CDO]] issues the [[manager]] couldn’t get out of the warehouse. And you just wrote a [[put]] on them.
| longevity=Burned like a bright star, and then - went supernova, just like one.
| longevity=Burned like a bright star, and then - went supernova, just like one.
| frightometer=11
| frightometer=All-out superpower confrontation. Straight-up toxic waste| frightscore=11
}}
}}

Revision as of 10:31, 10 October 2020

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Financial Weapons of Mass Destruction®


CDO squared.png


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