We would create incentives for securitization.

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

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

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.

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

But my best advice is stay in the network. Don't go out of pocket.

I have a whole video on mortgage backed securities.

Pending

Held

Hold

You're still solvent.

They serviced the loans.

The national health service was far from adequate.

Because the government now owns 90 something percent of the company.

Insurance.

That's not always the case.

The other type of policies is whole life and whole life is the motivation for whole life policies.

Insurance.

Ah, in that case

The insurance?

An insurance policy.

Held

There are many kinds of insurance such as health insurance, fire insurance, life insurance, etc.

Helps bring it down.

So you probably would have been back definitely would have been better off and if this was your point if you wanted to save some and stil have life insurance for a fixed amount of time.

Vestiges.

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

So that's bankruptcy.

You go get bankruptcy protection.

Do you sell insurance?

Pending

He's on my line.

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

let's see those zeros cancel out, this zero cancels out, they're getting, over the life of the policy, 1 dollar in premiums for every 100 dollars in insurance.

It can do it through debt or equity.

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

Payable to the City of San Francisco.

I just realized that I didn't answer a question that might be burning in your brain because in whole life we talk about the scenario

2 out of 10 live off pension.

I sell insurance.

An insurance swindle.

Edit Mount Options

Hold Indefinitely