Consider it a capital investment.

Now, who are they accountable to?

So how does that work?

The amount of money you get.

We've had a lot of experience.

So let me delete this.

But this investment goes to everyone.

We had gone back to the till.

But as oil prices rose,

So now the Special Purpose Entity is the owner of the mortgages .

They'll sell the loans to like, let's say, Bear Stearns. So that's an investment bank.

What's it like being an investment banker?

Investment

Malibu Equity and Investments.

Well their intention was to take these home equity loans and put that money to work, invest it in some way.

Those are the people who are actually managing money and deciding what they want to invest the money in.

He valued what we already had at 5 million dollars.

So essentially, instead of Countrywide being responsible for my loan, my payments now go to these investors.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

And maybe I should do a whole video on what sell side means, but since I said the word I'll tell you right now.

We're now going to make all of our mortgage payments, the 10 payment, to this bank, this investment bank.

Malibu Equity and Investments. Roger Van Zant.

Owns banks in the Caymans runs investment portfolios for offshore drug money.

And I'll show you why that matters in a second.

Big investors.

Investment in what?

And we also want to spend money marketing and all the rest.

That means for every dollar you deposit, it loans out about nine or 10.

And in fact, in a way, it almost took down your empire at one point.

Léila became an architect.

But we have a neat website.

Let me put that.

Just Manic Enough.

I want investment.

It could be a whole set of people.

But we're talking in a pre 2008 world.

They write these research reports because they want to go to institutional investors or people who have their brokerage accounts with these banks, and essentially sell them stock.

Did you know that 40 percent of the wealth created in Africa is not invested here in Africa?

We can't pick the future, but we can steer the future.

So essentially, these banks have a bunch of assets.

And this is the important thing.

I just took the total NAV and I divided it by the shares.