learning only too late that something was wrong.

Finance, you type in the ticker symbol and you get the price for that day.

Savings bonds.

They're savings bonds.

And if buying debt seems like a weird thing to say, buying debt is the same thing as lending money (lending money).

So a security in the equity world is a stock.

Oh, no.

Since when does the sec investigate car accidents?

We're from the Securities and Exchange Commission.

This guy worked for the S.E.C. who tried to take down Frobisher.

This guy worked for the sec for 20 years. He was a lead investigator who tried to take down frobisher.

I'm an investigating accountant for the S.E.C.

What have you found? Moore was one of five sec commissioners appointed.

So it's going to be 6,000 times 1,000 bond certificates.

He registers this organization right over here with the US SEC

Andrew,you'll analyze the SEC filings.

You can't get it on Yahoo!

We would create incentives for securitization.

It can do it through debt or equity.

I have 4 billion in residential CDOs, collateralized debt obligations.

It's a security.

There's very little chance of them defaulting on their loans.

And we said there's different kinds of debt.

My next presentation, I'm going to take it to a further

Yeah, the paralegals have finished annotating the sec memos. I'd like you to review them and report to Tom.

But kind of the one that people always talk about, I guess in the same phrase, is bonds.

But then there's a very fundamental difference in what the holder of the bond is doing.

And because it's a junkier rating, no one is going to want to buy it.

In Washington, did you meet Harry Macdonald, head of S.E.C.? Not yet.

For several months, he has been under investigation by the Securities and Exchange Commission.

Were you aware that your company was being investigated by the sec at the time?

bishop?

And we came up with this idea of issuing bonds, press freedom bonds.

All that means is that both of their shares are traded on exchanges

Yeah, I need everything from the beginning of the sec investigation. Not just the trial.

I, uh, I know someone at the SEC

I just got off the phone with our liaison at the s.e.c.turns out jim gulbrand

So that's what we're going to show you in the presentation on collateralized debt obligations.

I have a whole video on mortgage backed securities.

Free coupons. Discount Discount coupons.

And this one that was in Kenya, they went around and distributed to people vouchers, discount vouchers.

And the environment might be things like the stock market or the bond market or the commodities market.

So what you do is you have, let's say, the 6 million.

May I see your claim tags?

Please present your claim tags.