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I guess you can take out CDSs on CDOs too, if you want to maximise your scamming potential

That is what The Big Short is about.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Migeru (migeru at eurotrib dot com) on Mon Mar 12th, 2012 at 10:01:44 AM EST
[ Parent ]
CDSs on CDOs is just the beginning... You can makes CDOs of those again, and then go on to cubic CDOs..

Un roi sans divertissement est un homme plein de misères
by linca (antonin POINT lucas AROBASE gmail.com) on Mon Mar 12th, 2012 at 07:47:14 PM EST
[ Parent ]
Sounds like a sequel to Inception.
by rifek on Tue Mar 13th, 2012 at 01:43:14 AM EST
[ Parent ]

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