Template:CDO squared - FWMD

Top Trumps^®Financial Weapons of Mass Destruction^®

CDO Squared

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

Docs	Bond indentures, red herrings, 10b-5 opinions, the works!	{{{docscore}}}
Amendability	Nope. Once you bought it, you are stuck with it.	{{{amendscore}}}
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.	{{{collateralscore}}}
Transferability	Theoretically high. Practically nil. No-one wants your toxic waste, senator.	{{{transferscore}}}
Leverage	All the leverage you could want, and more. Especially in the junior tranches. 8	{{{leveragescore}}}
Fright-o-meter	11	{{{frightscore}}}