Something about phony securities.

They're fairly liquid securities.

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.

Here's a synthetic diagram.

Synthetic biologists are manipulating it.

Their breakthrough technology is synthetic biology.

It's easy on synthetic data, yeah.

I love to do synthetic biology.

A real bargain, folks. Synthetic footgear.

So in exchange it gets treasury securities.

And equity securities you're probably familiar with.

We're from the Securities and Exchange Commission.

Welcome to my presentation on mortgage backed securities.

I have a whole video on mortgage backed securities.

And they rate these assets, these mortgage backed securities.

And it is the classic synthetic aroma chemical, OK?

I realized just how synthetic my life had become.

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?

Bitcoin is a crypto currency, a virtual currency, synthetic currency.

This company, Synthetic Genomics, I'm involved with, created the first full synthetic genome for a little bug, a very primitive creature called Mycoplasma genitalium.

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.

Leduc, a hundred years ago, considering a kind of synthetic biology

Also, at Synthetic Genomics, we've been working on major environmental issues.

Both of these fuels can be converted to synthetic crude oil.

Well, with synthetic biology you can do some pretty neat things.

This is a textile mill doing synthetic silk, an oil byproduct.

It's a singlecelled protein combined with synthetic aminos, vitamins and minerals.

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.

Because they do not know the conditions under which synthetic happiness grows.

And then we are talking also about materials, synthetic biology, for example.

Synthetic fibers made from oil are used in all products around us.

It never occurred to me. We always have a synthetic on board.

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

So we're dosing our babies, our newborns, our infants, with a synthetic estrogen.

Pam from The Office, manga girls, a voluptuous model covered in synthetic diamonds.