Template:Securitisation - FWMD

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Financial Weapons of Mass Destruction®



Securitisation


Ground control to major financial crisis


Docs Yuuuuuge, utterly impenetrable. What's that ratings methodogy all about? 9
Amendability Nope. As is, where is. 10
Collateral The Berlin trilogy and Ziggy Stardust, or a thrice-mortaged leaky condo in Law Vegas borders ... you choose 6
Transferability Some in theory, but none in practice when you need it. 7
Leverage Tranche-tastic. 8
Fright-o-meter Dull and workmanlike, as long as we're not talking RMBS. 7