I know I've overdrawn this picture a little bit too much.

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

And then somebody complained.

The yield on the bond is 6 .

And that makes sense, right?

The city took the initiative in the pollution suit.

Most of it deposited over the last year.

You ripped off his bearer bonds.

You're not a homeowner until you don't have debt.

There might be different debt holders who have different

These are agents of the california bureau of investigation.

It was 1.6 million in bearer bonds.

Maybe I can get 20 a year.

Remember, this is the annual interest rate but this is an overnight loan.

You can kind of view this as the liabilities of which debt is one of them.

Maybe he buys his bonds back from us for 60 percent of their value.

And just to contrast this with bonds, because they are often used in the same phrasing, oh I'm going to go buy some stocks or bonds, or I deal with stocks and bonds.

Interesting.

The feds demanded a senior detective.

liquidate it.

And they get paid first.

Maybe it was A.

Listen, the feds have called in a favour.

Perhaps you will be so good as to do the same for his creditors in Meryton,

Bonds together with some money was stolen.

The money was stolen along with the bonds.

I, uh, I was just going to say I've been cashing A lot of bonds lately, haven't I?

Do it anyway. Who's moving the bearer bonds?

The Company.

Bonds, you become part lender to the company.

They said, wow, this is great.

That's better than putting it in the bank.

So what happens when you go into bankruptcy?

To pay off his debt,

A new drug has just been approved called Thorazine.

Morningstar type.

They go to 0.

I'm a government official.

The authorities have been hiding the facts from the public.

Nobody knows where they are.

You could do it with corporate debt.

Oops.

Nevertheless, we will be eventually heavily rewarded from doing this.

DC Metro, this is the FBI requesting you to clear a route...

This is better than buying treasuries.