And it makes sense.

Annual rate of security

That's why it's called open market operations.

It seems the government's looking for Harry.

I have a whole video on mortgage backed securities.

But if the Fed wants to inject more cash, it can now buy different types of securities.

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

The policy number of my insurance is PC two three five seven.

Treasury bond if it's a longer duration.

learning only too late that something was wrong.

And you end up with a mortgage backed security.

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

And we said there's different kinds of debt.

When you go long a security, you're buying the security.

So a security in the equity world is a stock.

I'm going to get back a share of IBM, and that's what I owe.

But it is just like a stock.

And then the other 200

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.

They have good credit etc etc.

We're from the Securities and Exchange Commission.

The prize will go to the man who is to write the story of Suvorov's campaigns.

So let me draw them over here.

I work for a stock company.

And in return, they're going to get 10 on their money.

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

Oh, no.

We would create incentives for securitization.

It can do it through debt or equity.

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

T bill if it's a shorter duration,

Well, it entitles me to 1 100 of what this corporation gets.

I can get a better return than I can get in a bank, or in

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

Here are your boarding pass and your baggage claim.

He registers this organization right over here with the US SEC

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

So let's say that it issues, let's sat for simplicity, a hundred shares.

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

Since when does the sec investigate car accidents?

This is an example here

And also, just so you know, as opposed to being short the company, they're long.

They are going to issue Treasury bills, when they essentially just need to borrow money.

It's a security.

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