And then you pay people off according to seniority.

And you say, this group of the CDOs, they'll get the first payments. or if any payments that go, immediately go to this very senior tranche, right?

You don't pay any mortgage payments.

We got our first bill, and, you know, if you're still insistent...

I can pay for the damage, if ever so bad.

And then year 10, I pay the 100,000 plus I pay back the 1 million.

And we learned that the debt holders were actually more senior to the equity holders.

So what they do is out of this 10 , they pay them some of the basis points.

Let me pay my share.

Choice 3, I am going to pay you I'm making this up on the fly as I go I'm going to pay you 20 today.

It's all about externalizing the true costs of production.

If you spent 62 dollars for a meal, the longer you take to pay out that loan, you see, over a period of time using the minimum payment it's 99 dollars and 17 cents.

So actually, let me do that.

I'll pay my bill.

I am the first patient.

I probably wouldn't have noticed if you hadn't pointed it out.

Right?

I'd like to pay the check, please.

I'll pay with travelers' checks.

Look,I only have 100 dollars, I have this customer, I'm doing thec atering for him this month.

First interest

Let's split the bill.

So it's a little bit more complicated than just saying, oh, look at that, they're giving a 6 coupon, which essentially means twice a year they're going to give me 3 of the value of my bond.

Let me do that in red.

Because after you've paid your final payment, you're done paying off the house.

But, Way? We pay every resident a 1000 ,

You're left with 500,000 of pre tax income.

That will now compound over the next month.

This guy's incentive is to say, no, this company is worth a lot.

Now I can go to the hospital.

It changed this value the most.

That will compound for one month.

Now, Jim, said George, look that your pistols are all right, and watch that pass with me.

I'm gonna go left, you're gonna go right, you understand me?

Can I pay by credit card?

Can I use a credit card?

Do you accept credit cards?

Can I use a credit card for payment?

Can I pay with a credit card?

May I pay with a credit card?

May I use a credit card?

Do you accept a credit card?

Do you take plastic?

There's financing, there's installment plans.

So on day zero, you have a 200,000 loan.