No, I mean CDS. CDO's (Client [or Capital] Destruction Ordinance) be what Goldman fella try and pass off to stoopid pension fund manager with too much wines, golof games and confrense in that Bananas resort.
After stoopid pension fund manager lose all his members' moola, he finally tells Goldman fella to stick wines and golof clubs up where the Sun don't shine.
Goldman fella goes white as sheet (and not just cause he got wines and clubs in bad place). He knows that his SIV's (Swindle Investors and Vamoose) has weigh big load of rubbish debt. Needs to find sucker to off-load risk, lickety-split!
Calls meeting with head of Cunning Plan Department, Mr Baldric. He make idea. Goldman fella very excited.
Calls undertaker - says dig up Charles Ponzi. Calls Dr Frankenstein, says big money to wake up Ponzi. Dr Frankenstein, down on luck after monster fiasco, says, "Yes".
Ponzi wakes up, kills half of Geneva, then tells Goldman fella to, "Buy CDS's" (Craftily Disguised Sham).
Goldman fella says, "Great idea!" and gives Ponzi monster directions to Davos.
