And the second is very counterintuitive you can get the best people in the world.

So essentially, these banks have a bunch of assets.

Well the British government did a model of telecommuting.

Whether people will continue to loan them money.

(Laughter)

The government owns car companies, banks are defaulting on their own banks.

They borrowed it from their local mortgage broker, who then sold it to a bank, or to an investment bank, who created the special purpose entity, and then they IPO the special purpose entity and raise the money from people who bought the mortgage backed securities.

lot of money to people.

It never stops.

(Laughter) So, a normal commercial bank has nine to 10 times leverage.

Banks are cutting lending to industrial borrowers.

But maybe I'll do it a little different this time.

And they borrowed it from this bank.

Fed extended it.

And now instead of you getting the payments, I get the payments.

So that is how we understood what our method is.

What bank?

Bank?

So I'm a third entrepreneur and I see an opportunity for business and I call that business a bank.

They made sure that their loan recipients were staying up with their payments.

Just in case someone asks for their money immediately.

So at some point, they give up.

So in part of this negotiation process

Let's call this Bank A.

And let's say that Bank A

BANK OF VENICE...

Yes. Banking section.

Which bank?

It's a bank.

This is not only applies to the traditional sector, the same thing goes for many areas of the service sector.

He did business with global banks.

Central Bank is a bank that deals mainly with other banks and the government and assumes broad responsibilities in the interests of the national economy apart from the earning of profits.

The Bank of Tokyo amalgamated with the Mitsubishi Bank.

Tomorrow i'll be able to buy honolulu!

He works in a bank.

Kyowa Bank and Saitama Bank merged into Asahi Bank ten years ago.

In case X percentage of people wanted their gold back.

Let's say I still go to the bank.

The Mitsubishi Bank merged with the Bank of Tokyo.

OK, so now we're in an interesting situation.

Like a bank, you know, except better than a bank, cos, you know, banks always get knocked off.

And those loans from other banks, those are assets of other banks.

And if this is a loan from Bank B, Bank B would have an asset called loan to Bank A.

What kind of business model is that?

I know, you haven't met them.