Certificate Deletion Problem

We would create incentives for securitization.

It can do it through debt or equity.

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

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

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

But this I just want to show you some data here.

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.

The issue here is perjury.

I have a whole video on mortgage backed securities.

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

You're still solvent.

They serviced the loans.

This is the most important thing.

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

Of course. What's the point in waiting when we don't even know when a spot will open up for you!

The IDs are flawless.

There's not a lot of clickiness.

Payable to the City of San Francisco.

Helps bring it down.

You have 189,000 as the value of this equity.

Now let's say it gets even worse.

And sometimes it means all integers.

Good afternoon.

It's all right, Mr. Filch I can vouch for Mr. Malfoy

What is your strategy in your household?

Well everyone knows that it's not going to be exactly 10 .

So that's bankruptcy.

You go get bankruptcy protection.

Certificates in the Cisco cert store

This guy, he does have interest.

It allows let's say this group of borrowers let's say this pool of borrowers right here actually didn't

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.

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.

So you kind of forget about those sorts of things.

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

Over the next few years big decisions will be made in Washington on jobs, the economy, taxes and deficits, energy, education, war and peace.

So a security in the equity world is a stock.

They don't want to let her in because there's an Israeli stamp on the Laisser Passer.

External debt something that I can tell you a long story about because I personally worked on one of the biggest debts on the continent has come down dramatically.

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

Don't take anything for granted.

So we still have the same amount of debt.

So, each of these is an investor.