[gcruse]

I enjoyed the strips (?) where a dividend yielding stock has its yield sold to one guy and the underlying stock to the other guy. Heavy exposure is then accomplished by large margin buying of yield strips. The guy with the stock got its market gain and a fee from the strip holder. He seldom lost, but didn't have that much gain, either. Stability for thee, risk for me. Interesting stuff. There were some stupendous gains. I never heard about the losses, but you know they were out there.

[NativeNewYorker]

The split price/yield stock securities were great, but some accounting/tax foolishness put an end to them.