And we said there's different kinds of debt.

They have good credit etc etc.

Passports, i.d.s, credit cards.

And it makes sense.

We would lower standards on what it took to get a mortgage.

What have you found? Moore was one of five sec commissioners appointed.

But it is just like a stock.

Annual rate of security

I'll need a license and cash or credit card.

Diamonds, cash, credit cards, i.d.s.

It seems the government's looking for Harry.

Treasury bond if it's a longer duration.

We're from the Securities and Exchange Commission.

So it's going to be 6,000 times 1,000 bond certificates.

learning only too late that something was wrong.

And you end up with a mortgage backed security.

No.The company he founded, gaia matrix, was under investigation by the s.e.c.for securities violations.

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

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

Well, they're BB, but you're being insured by someone who is AA.

We're not so sure he took anything except the cash.

The prize will go to the man who is to write the story of Suvorov's campaigns.

I have a whole video on mortgage backed securities.

Well, it entitles me to 1 100 of what this corporation gets.

I think it's a distraction.

My credit card was rejected by the ATM.

The policy number of my insurance is PC two three five seven.

We would create incentives for securitization.

It can do it through debt or equity.

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

T bill if it's a shorter duration,

And I explained what those are.

I'm going to get back a share of IBM, and that's what I owe.

But if the Fed wants to inject more cash, it can now buy different types of securities.

So a security in the equity world is a stock.

When you go long a security, you're buying the security.

And maybe it also does some longer term treasury securities, or whatever else.

That's why it's called open market operations.

This is an example here

Were you aware that your company was being investigated by the sec at the time?

And I'm doing this just to show you a point

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

There might be a whole other class of investors here, say this guy.

This guy worked for the S.E.C. who tried to take down Frobisher.

This guy worked for the sec for 20 years. He was a lead investigator who tried to take down frobisher.