A billion dollars.

So they sell them and they only get 1 billion for them.

Remember, one billion?

And we said there are a million of these securities, so 1,000 times 1 million, that's where the 1 billion comes from.

And we have 5 billion in assets, 4 billion of

like a bandit, right?

So this is one month notes.

But that only blew out 500 million.

So the assets, we had 1 billion in cash.

And an investment bank came along and says, well, I'm going to give you 1 billion.

For example, here in California we're going to spend one billion dollars on the death penalty in the next five years one billion dollars.

And they got 30 million.

So, I don't know, I'm just going to make up some things.

And let's say you have to sell your government bonds as well.

I leave my entire fortune of one hundred billion dollars.

We had 1 billion before, so now we had 4 billion.

So we lost 1 billion of our book value.

We've spent a great deal of time investigating a 1 billion that's right, a 1 billion oil deal that he was involved with, and what we found was pretty shocking, but more about that later.

So in this situation what we did is we raised out of the 1 billion we needed 400 million from the senior tranche, 300 million from the mezzanine tranche, and then 300 million from the equity tranche.

So 1 million times 1,000.

So, that was the case where the stock is trading at 3.00 per share.

It's going to get 100 million per year for 10 years.

For reference, fact one

loan from Bank A.

The American taxpayer bears the risk.

So it gets 100 per year.

My thing's been acting up.

I want to ask you today, what are you looking for?

Two billion?

All I have now, I have a little bit of cash, let me write that down, I had 1 billion of cash.

500 500?

And that IOU, you could call that a Sal bond.

I want to tell you, already there's about 1.5 billion to 1.7 billion investment in private space flight that is not government at all already, worldwide.

Well, if you sell it for 1 billion, does that help your situation?

But anyway, back to the point of this video.

And they just get these income streams, right?

This body represents hundreds of millions, maybe billions of dollars worth of biotechnology.

The company's here. A billiondollar company's here.

But Goldin, who was the NASA administrator there was following up on some

So what do you do?

And we have these 4 billion of CDOs.

Billions!

Thirty billion dollars.

300 million.

And I dig around little bit and there's this company A over here and it needs to borrow a billion dollars and it's willing, it's willing to give 10 interest in exchange for borrowing that billion dollars.