CDOs are not necessarily just composed of mortgage derivatives. They can be put ...

		yangyang on Oct 15, 2009 \| parent \| context \| favorite \| on: Intractability of Financial Derivatives CDOs are not necessarily just composed of mortgage derivatives. They can be put together from bonds, CDSs (synthetic CDOs), syndicated loans (CLOs), other CDOs (CDOs squared), a mixture of these and other debt instruments.

Yep. And you can count the leverage at every single level