Something about phony securities.

They're fairly liquid securities.

Gong, Ammo Bearer.

Those are essentially derivative securities that are derived from mortgage backed securities.

It can buy Treasury securities, so instead of short term Treasury securities, maybe it could be longer term Treasury securities.

Not you, insignificant bearer.

So in exchange it gets treasury securities.

And equity securities you're probably familiar with.

We're from the Securities and Exchange Commission.

You ripped off his bearer bonds.

Welcome to my presentation on mortgage backed securities.

This check is payable to the bearer.

You are only a bearer of warnings.

that no bearer shall bear another s burden,

And his wife, the bearer of fuel,

It was 1.6 million in bearer bonds.

I have a whole video on mortgage backed securities.

And they rate these assets, these mortgage backed securities.

Do it anyway. Who's moving the bearer bonds?

Social securities are not something that should be trifled with.

And we learned that debt securities are often called bonds.

CDOs, collateralized debt obligations, are derived from mortgage backed securities.

So AAA would be like the highest rated securities, right?

The bearer of this letter is my friend Suzuki.

Until, when chance came it ensnared a new bearer.

And so money came from when the owners of each of these mortgage backed securities each, let's say, paid 1,000 for the mortgage backed securities.

You call them stock, or stock options, derivatives, mortgage backed securities.

And we're also joined by Brent Lawson from Lawson Frisk Securities.

Welcome back to my series of presentations on mortgage backed securities.

They will give this money to the market, and in exchange they will usually buy treasury securities, sometimes something slightly different, but usually very safe securities.

Verily this is the word of a noble message bearer

he indeed saw the message bearer on the clear horizon

I have to only invest in the safest of safest of securities.

And these shares would be called Mortgage Backed Securities. or sometimes MBSes.

Well it comes from the investors in the actual mortgage backed securities.

That no bearer of burdens will bear the burden of another

That no bearer of burden shall bear the burden of another

my request for funds... 20 million euro in untraceable bearer bonds.

And maybe it also does some longer term treasury securities, or whatever else.

Word is that davis' fund has taken some big hits on mortgagebacked securities.

That no bearer of a burden shall bear the burden of another,

Namely, that no bearer of burdens can bear the burden of another

And they way they get this into circulation is that they'll take these four dollars and they'll go buy securities in the open market, normally very safe and very liquid securities

The 400 million senior tranche we raised from 1000 senior securities, collateralized debt obligations.

Liquid means it's very easy to buy and sell those securities in large quantities.