tranches

Regulators allowed banks to satisfy capitalization requirements with senior tranches of other banks, but not with the senior tranches of their own portfolios.

Credit rating of Z tranches and lower tranches) 3) Re-securitized tranches (e.g.

The banks that just issued risky loans, packaged them into CDOs and held onto the risky tranches?

They just took a large position in subprime loans and held many of the riskier tranches.

The AAA rating for the senior tranches was perfectly correct assuming the risk of the underlying mortgages was properly estimated.

Not viable institutions - that would be retirement and mutual funds with hundreds of billions invested in real estate tranches?

After 4 years, you have a full pipeline and 4 tranches (80k/year total) vest every year.

The bulk of the buyers of the AAA tranches were other banks, and the reason was satisfying requirements for capital reserves.

In terms of the financing and risk assessment element, you could carve that out in tranches and sell out it on auction.

Last time I checked, the most senior (AAA) tranches of subprime auto abs deals are priced at libor + 20.

Vast amounts of money are invested across many possible drugs, at each stage vicious winnowing occurs in order to receive later tranches of funding.

The claim that the colonel did not prepare his troops, permitted them to stay without guidance in the tranches, without food or proper clothes.

In S&N, Silver discusses how the ratings agencies gave their ratings software to the banks, so the banks could "dry-run" their tranches to get the best ratings available.

It's a bit different since your "investment" consists of 24 tranches, but that's more than balanced by the vesting schedule which gives you nothing for a year (despite accepting your investment immediately), and takes it all away if you stop investing.