So a security in the equity world is a stock.

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

We would create incentives for securitization.

It can do it through debt or equity.

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

I have a whole video on mortgage backed securities.

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.

Savings bonds.

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

And we said there's different kinds of debt.

They're savings bonds.

So what you do is you have, let's say, the 6 million.

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 if buying debt seems like a weird thing to say, buying debt is the same thing as lending money (lending money).

And we learned that debt securities are often called bonds.

And let's visualize what a bond certificate could look like.

You can't get it on Yahoo!

Of course, if enough people start defaulting, even these people start to get hurt.

Annual rate of security

There's very little chance of them defaulting on their loans.

And it could be divided into you could divide this into 6,000 bond certificates.

They'd start with your bonds preferred stock, and then move on to real estate.

It seems the government's looking for Harry.

But kind of the one that people always talk about, I guess in the same phrase, is bonds.

So what we're going to do is we're going to insure this bond.

So the 300 million from equity, they're going to get 55 million assuming that there are no defaults or pre payments or anything shady happens with the securities.

learning only too late that something was wrong.

And it makes sense.

And you end up with a mortgage backed security.

And we came up with this idea of issuing bonds, press freedom bonds.

The 400 million senior tranche we raised from 1000 senior securities, collateralized debt obligations.

But then there's a very fundamental difference in what the holder of the bond is doing.

But it is just like a stock.

So this could be 6,000 bond certificates let me see, and six million divided by 6,000, that's a thousand, right?

It might have been structured so that Corporation A right here, before even issuing the bonds, they include this insurance with the bond.

I feel secure when I invest in stocks but not bonds.

bishop?

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

T bill if it's a shorter duration,

Treasury bond if it's a longer duration.

And we covered that a couple of videos ago.

Liquid means it's very easy to buy and sell those securities in large quantities.

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

And what is a bond?