And you end up with a mortgage backed security.

I have a whole video on mortgage backed securities.

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

I think it's a distraction.

We would create incentives for securitization.

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

Responsible

Responsible

But on average this Special Purpose Entity will then be able to pay a dividend.

My next presentation, I'm going to take it to a further

Was it a correct decision?

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

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.

Mr. Gittes, my field men are out.

When are they going to come by and explain things to me?

Word is that davis' fund has taken some big hits on mortgagebacked securities.

Or they might even start to buy things that aren't Treasuries.

So that's what we're going to show you in the presentation on collateralized debt obligations.

I'll transfer you to the right person.

They feed me info.

To whom it may concern.

But we have to start with the basics.

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

How many of your staff were on duty that day?

Children and evacuation staff...

Leverage.

The responsible person for this task

I'd like to be reassigned.

That's how loans worked before the mortgage backed security industry really got developed.

So if you are concerned to influence energy policy, or you are concerned to influence national security policy, or health policy, or education, science and a particular branch of science is a way to do it, not the way we've been doing it, which is seat of the pants wisdom.

And that's why they are called derivative instruments.

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

And the loans are just the right on these 10 payments.

Some of them are going to pay ahead of time.

Sir, I'm gonna connect you with an officer.

We're in charge.

And the cash flow will come back to it.

Director Galloway, our national security advisor

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

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

Nine years ago, Metro's socalled forensic scientist...

But anyway, this isn't the crux of it either.

I make are to the bank.

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Central Europe, unsecured.