But he said you know Nempo...

I do a little legal work for the committee.

Consider it a capital investment.

So how does that work?

I was wondering, a) what's it like being an investment banker, and b) would you write me a recommendation?

We had gone back to the till.

The amount of money you get.

We've had a lot of experience.

So let me delete this.

But this investment goes to everyone.

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?

Well number 1 is you could post it to the forums, and we'll select the best presentations and put them on Steve's blog.

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

Throw out the old act, get out there, who knows what you're gonna do!

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

Investment

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

Now, who are they accountable to?

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.

This is an investment from the mind, itself.

Technical consultant

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

In a Rico case, if you can charge one of them with a felony...

He valued what we already had at 5 million dollars.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

So I'm essentially doing some major home improvements.

Léila became an architect.

But we have a neat website.

life's hard realities, in a certain sense.

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.

It could be a whole set of people.

You're not my royal consort.

Malibu Equity and Investments. Roger Van Zant.

So essentially, these banks have a bunch of assets.

And this is the important thing.

This is the total actual value.

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

Big investors.