But it is just like a stock.

So a security in the equity world is a stock.

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

And also, just so you know, as opposed to being short the company, they're long.

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

They'd start with your bonds preferred stock, and then move on to real estate.

So if you'll just certify that he is in your custody and that you authorize his release to me.

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

Annual rate of security

His income that year is higher than his police salary.

A security is essentially something that can be bought and sold that has some type of claim on something, or some type of economic value.

It seems the government's looking for Harry.

It's a security.

You know what equity securities are, and just so you know, what is a security?

less value to this guy.

learning only too late that something was wrong.

And it makes sense.

And you end up with a mortgage backed security.

Or by selling shares of itself, or essentially allowing other people to become partial owners of it, and that is equity.

I even thought I saw the deeds to city hall somewhere.

They will give this money to the market, and in exchange they will usually buy treasury securities, sometimes something slightly different, but usually very safe securities.

I have a whole video on mortgage backed securities.

Give him the quitclaim papers.

His motherinlaw refused to give him her shares.

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

I could trade a share of Microsoft.

In so doing, the guardians of secular democracy in effect yield the connection between education and values to fundamentalists, who, you can be sure, have no compunctions about using education to further their values the absolutes of a theocracy.

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,

Treasury bond if it's a longer duration.

He handed over all his property to his son.

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

And so I'm fine.

You got the bill of sale here.

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

This is an example here

Well,patty's people came to me. They know the family owns stock.

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

What kind of paper was it?

And it really started because this whole process of being able to take a bunch of people's mortgages together, package them up, and then turn them into securities and then sell them to a bunch of investors this was a quote unquote innovation in the mid '90s, or early '90s.

Short term, overnight borrowing between banks is already zero.

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