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MPG Layer 3 Audio File  |  2007-01-01  |  2.4 MB  |  2 channels  |  44,100 sample rate  |  1 minute, 42 seconds
Transcription: What are the financial markets? Introduce us, as it were, from square one. Well, the financial markets are basically ways that companies generate capital to go ahead and either expand or pay their bills or whatever. Everybody knows it takes money to make money. And what these major companies do is in order for them to generate capital to go ahead and use for their working capital, they use the exchange by selling securities on exchanges. And that's basically what's happening there in terms of the mechanism of the market. It's a place where companies generate capital. Now, within that overall c ...