Leverage.

I have a whole video on mortgage backed securities.

Central Europe, unsecured.

He wants your wife as leverage.

But you should watch the videos on mortgage backed securities and collateralized debt obligations, if you want to get a better understanding of exactly how the money flows go.

And you end up with a mortgage backed security.

Was it a correct decision?

Now, Georgie, like it or not, is acceptable collateral.

I think it's a distraction.

So these shares each of these one million shares this is a mortgage backed security.

Currently maintained by Alexander. Neundorf Alexander. Neundorf. mail

So just in kind of our everyday personal finance world, your mortgage is actually secured debt.

We would create incentives for securitization.

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

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

They feed me info.

But we have to start with the basics.

So one situation is they could get a loan from someone.

Maybe the Fed would be willing to take this as collateral.

Some of them are going to pay ahead of time.

I've just lost my job.

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

We hold the bond on Jessup Dolly, and now he's a runner, it looks like.

We'll borrow some money on the house.

We'll use the house as collateral so we can borrow some money.

I'm not so sure you want the maintenance and safety department. The fire department might be a better bet.

The welcome you gave me was surly,

Or they might even start to buy things that aren't Treasuries.

And, you know, Iceland, it was never going to cut it.

And then when we go and get the property because the

You'd have to sell that loan to someone else.

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

Is sent over by the Coast Guard In charge of the food here

It forecloses on the property.

Every soul is pledged to what it does,

Every soul is mortgaged for its own deeds.

Every soul shall be pledged for what it has earned,

Every soul will be a pledge for that which it hath earned,

Every person is a pledge for what he has earned,

Every soul is hostage to what it has earned.

Each one is a hostage to one's deeds,

Every soul is a pledge for its own deeds

Every soul is hostage to what it has earned,

Each soul is held in pledge for what it earns,

Every soul, for what it has earned, will be retained