Template:CDO squared - FWMD: Difference between revisions

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{{fwmdtt
{{fwmdtt
| imagetype=png
| imagetype=png
| nickname=CDO squared
| nickname=CDO²
| title=CDO Squared
| tagline=Just like OCD, only in alphabetical order, and it will fuck you up''.  
| 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= Zilch. Oh, the [[trustee]] might agree amendments ''for'' you, you say? HAHAHAHAHA |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.
| frightometer=All-out superpower confrontation. Straight-up toxic waste. | frightscore=11
| 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.
| frightometer=11
}}
}}

Latest revision as of 13:11, 21 March 2023

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Financial Weapons of Mass Destruction®


CDO².png


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