Leverage.

Central Europe, unsecured.

And you end up with a mortgage backed security.

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

We would create incentives for securitization.

Was it a correct decision?

I have a whole video on mortgage backed securities.

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

I'm a U.S. marshal. For Gods sake.

But essentially what happened is the investors in the mortgage backed securities provided the money to the special purpose entity to essentially loan to the borrowers.

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

This is so far, you've had no fun in debugging because it just sucks the life out of you.

The next thing you need to ask is what's going to be my distribution channel.

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

They feed me info.

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

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.

We'll borrow some money on the house.

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

I think it's a distraction.

One of the first things that happens when you institutionalize a problem is that the first goal of the institution immediately shifts from whatever the nominal goal was to self preservation.

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

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

Director Galloway, our national security advisor

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

But on average this Special Purpose Entity will then be able to pay a dividend.

Currently maintained by Alexander. Neundorf Alexander. Neundorf. mail

The welcome you gave me was surly,

That's how loans worked before the mortgage backed security industry really got developed.

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

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

Driving a car taxes the eyes.

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

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

He wants your wife as leverage.

Well, I want to leave you with the thought that what we're really trying to do here is protect this ocean pyramid, and that ocean pyramid connects to our own pyramid of life.

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

People spend over 90 percent of their lives indoors.

And the bank thinks it got a great deal.

Some of them are going to pay ahead of time.

Richard Kimble moves on.

I've just lost my job.

It's a backup system for all the seed banks. Storage is free.

I make are to the bank.

Which is why we'll be coordinating with V security.