How does diabetes (type 2), pancreatitus, and high tryglycerides tie together?

Can you answer megamom’s question about Diabetes?:

I have type 2 diabetes, and severely high tryglycerides, and chronic pancreatitus. I have already had to have a portion of my pancreas removed. I just want to know how it all ties together, and what exactly do tryglycerides do?

Adult Onset Diabetes