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

Annual rate of security

It seems the government's looking for Harry.

And of course our banks did as well, as did our federal government.

learning only too late that something was wrong.

And it makes sense.

And you end up with a mortgage backed security.

But it is just like a stock.

I have a whole video on mortgage backed securities.

So the central bank goes out, and let's say they go and buy 1 liquid security for 4, so this is the security right over here and the person they bought the security from decides to deposit it in a bank.

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

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

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,

Treasury bond if it's a longer duration.

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

So a security in the equity world is a stock.

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

This is an example here

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

They have good credit etc etc.

I think it's a distraction.

We're not so sure he took anything except the cash.

We're from the Securities and Exchange Commission.

And we said there's different kinds of debt.

So I'll give him 5 times

What's this?

I work for a stock company.

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

Oh, no.

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

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

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

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.

That means as long as at any given moment in time, more than 20 of these people don't demand their money back, the bank's going to have liquidity.

over the total amount of

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

Here are your boarding pass and your baggage claim.

He registers this organization right over here with the US SEC

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

And I explained what those are.

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

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