And in the future, we're gonna look at a lot of different companies, financial companies, insurance companies, natural gas pipeline companies, that will have very different looking income statements, but this gives you the general template for how things work.

Those other things are called non state actors.

In contrast, the Federal Reserve's credit easing approach focuses on the mix of loans and securities that it holds and on how this composition of assets affects credit conditions for households and businesses.

We need our best and our brightest to start entertaining this issue.

We would create incentives for securitization.

So here's the thing.

Whether people will continue to loan them money.

What we looked at in detail was ownership networks.

Annual rate of security

And so I found a company called Olson Zaltman in Pittsburg.

We're image consultants. We change the way people see products, companies, people, that stuff.

It seems the government's looking for Harry.

EM Well, essentially,

learning only too late that something was wrong.

And it makes sense.

And you end up with a mortgage backed security.

And if things are utilized more,

But it is just like a stock.

That's classified

And in the aftermath, also not the fall of the Iron Curtain.

I have a whole video on mortgage backed securities.

(Laughter)

I'm talking about all companies.

(Laughter)

Commerce is our goal here at Tyrell.

I have been an activist, fighting for justice and equality all my life.

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

Small businesses are often absorbed by a major company.

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

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.

It could put technology companies out of business?

And do you love what you do, Caroline?

And when I go to Germany, they say, Oh yes, this is the German disease.

Which company?

He works in emerging markets.

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.

So it's pretty clear that if you were raising around to capital, going to friends and family or crowdfunding like Kickstarter or angel capital or venture capital or corporate partners, all kind of make sense for financing.

Why should I know this?

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

This is an example here

And there we worked with leading CEOs on African issues, and African companies on turnarounds, making the companies not just the best in Africa but the best globally.