anyone watch these???ginha, page-10

You might also want to check out AFPHA. A Similar synthetic CDO but the money is held by a different bank - I think RBS, but DYOR, it's a while since I looked. AFPHA's buffer is smaller and you have to wait until March 2012 to get face value ($100). Their reference entities are also riskier. But in my view the reward/risk ratio is more appealing as AFPHA last traded at $30.