We would create incentives for securitization.

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

I have a whole video on mortgage backed securities.

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.

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

So just in kind of our everyday personal finance world, your mortgage is actually secured debt.

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.

Leverage.

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

Central Europe, unsecured.

What we are going to do is go buy things like highly rated mortgage backed securities, or things like commercial paper, AAA corporate debt, so that those things, the interest on those things goes down.

They are one of the first people to get their money.

The 400 million senior tranche we raised from 1000 senior securities, collateralized debt obligations.

And you end up with a mortgage backed security.

levels of seniority.

So you know these these are loans to really solvent or very creditworthy companies.

Was it a correct decision?

This is the equity...

I said, who gets the money?

So these shares each of these one million shares this is a mortgage backed security.

So this one might be called senior secured debt.

We'll borrow some money on the house.

We'll use the house as collateral so we can borrow some money.

I think it's a distraction.

Because that's essentially what a credit default swap is, it's insurance on debt.

I'm not so sure you want the maintenance and safety department. The fire department might be a better bet.

Is a correspondent sent over by a communication agency

And in the meantime, it's going to pay me interest.

No taxes, no social security, No credit card bills, no previous address.

Next thing I learned is that real CEOs can do demos.

He said he didn't know. He would ask around.

You will be pooling from 60 Fortune companies.

Interest expense.

That would be from the population, or maybe from the patients, to the insurance companies, that provides the money for the insurance companies to use to pay for the providers.

You might just want to watch the video on mortgage backed securities and collateralized debt obligations if you need a refresher there.

They feed me info.

Is sent over by the Coast Guard In charge of the food here

Dishwasher. Hurry it up, miss, we're busy. ( ominous theme playing )

The name of the company?

They don't hand it off to their VP of engineering.

And that IOU, you could call that a Sal bond.

Director Galloway, our national security advisor

We hold the bond on Jessup Dolly, and now he's a runner, it looks like.

And you can check with the most critical authorities of all...