Chapter 1025: 1025
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In the conference room of freedom city investment company, Andy listens to the report of the results of these players and the next target they choose.
This kind of seminar has long been a daily necessity here. It is also the best way for them to compete with each other and keep pressure. Of course, it is more important to eliminate high-risk speculation targets in the quarrel.
"In my opinion, neither Citibank nor Wells Fargo's current share price is low, and there is no big Bo move. It's not the right time to short them..."
"When? Citibank lost $9.83 billion in the fourth quarter of last year, and urgently raised $12.5 billion through public issuance and private placement to fill the hole.
The first quarter's financial report of this year is still the result of a huge loss. Although the stock market is stable now, you and I all know that this is just a shock consolidation in the unknown future.
Look at the volume. It's pitiful. As long as there is a signal in the market, there will be stampede, which will cause more panic. The time you say is coming. The problem is that people all over the world know the time is coming! "
"You see, that's Citibank! Do you think the government will let it go bankrupt? The Fed will help them
Mr. bardstone, who has been looking at the data, looked up and said seriously: "this is not the best time to short Citigroup and Wells Fargo. There is no related event. If we short, we will face those hedge funds directly. We will lose more than we gain. Let's wait until the second round of bank failure begins."
Andy leans back in the boss's chair in the main seat. From the beginning of the meeting, he doesn't speak. Hearing the decision of bardstone, he nods a little, then smiles and says, "in fact, you can start planning."
The words of the big boss inspired all the people in the conference room, but they knew that the big boss would never aim for nothing, and that the new feast might begin.
"It is in these days that the federal banking regulatory agency of the United States will release a regulation on the new type of national banking license, known as the" license to be used ".
This is the initial approval of OCC for investors to obtain the franchise of national bank business, and it is a regulation that can be used when relevant investment groups are able to implement M & A of "troubled institutions".
The purpose of this initiative is to expand the acquisition of troubled banks by potential buyers, so that investors can make new equity investments in troubled savings institutions. "
Wow -
in the conference room, there was an uproar. This kind of clause is totally endorsing the private acquisition of the National Bank, which is simply opening a new feast of gluttony. Everyone was a little stunned.
"Yes, that is to say, the U.S. banking industry will experience a round of market structure integration, and the degree of concentration and monopoly of the banking industry will further increase.
A new wave of bankruptcies will come soon, and the FDIC will play the role of receiver of bankrupted banks.
According to past practice, when FDIC takes over the "troubled banks", it usually seeks commercial banks or banking financial institutions such as savings and loan institutions to bid before a bank is closed, while other institutions such as private investors cannot participate.
This new regulation allows potential non bank acquirers to apply for a conditional "license to be opened" from OCC, which is only applicable to national banks, and the license is "not activated" after being issued.
Once these acquirers win the auctioned bank from the FDIC, these institutions can officially use the license of the National Bank, and acquire the assets of the taken over bank from the FDIC and bear the debts under the deposits. "
Andy smirked and explained to the crowd, looking at the incredible expression of the crowd, his heart was filled with emotion.
Hamilton told him that this was the legal support Paulson was looking for to get the bank he wanted. Of course, Andy doesn't believe that Paulson is just for him. To be frank, Paulson also created a door for those sharks who roam around, so that they can complete the banking industry's re integration and merger with impunity.
The United States is a legal country. In order to prevent the future economic crisis investigation institutions from turning over the old accounts, all large-scale acquisitions must be carried out within the framework permitted by law. Private acquisitions of national banks are not allowed. But now with the license plate to be used, Andy can get the required banks smoothly and legally.
Ha ha, very familiar, right? That's right. To put it bluntly, it's legal to resell the assets of Guo after being taken over...
Andy brings bardstone to Gaia company on the upper floor. The busy atmosphere of Gaia company is more and more intense. Everyone is walking at a trot speed.
"Good boss"
"Boss."
Along the way, Andy smiles and nods to his subordinates who walk quickly to greet him.
"Boss, is there another new project?" Badstone looked at the busy and tense office hall. Everyone was looking at the stacks of materials. Some people were shouting the report numbers and handing the documents to others."Well, the financial situation of Miami Valley Bank, Douglas National Bank of Missouri and Hume Bank of Missouri, which went bankrupt before the liquidation, I have obtained the license to be opened issued by the OCC. After they announce to the public, we will take over these three banks, free of charge, but only to bear the debt."
Andy turned to bardstone with a bright smile and explained to him that he could not help chuckling at the strange expression on bardstone's face.
In the office, Andy had some coffee with fragrance around him, listening to what al had reported to him.
"Miami Valley Bank went bankrupt in October last year, with a total asset of 254 million and a saving amount of 230 million. Due to the poor turnover of funds, it went bankrupt. At present, a large number of properties confiscated due to loan shortage have not been auctioned, mainly because no one participated in the auction...
Douglas National Bank of Missouri, with a total asset of 58.5 million US dollars, went bankrupt due to the bank run in January this year and was the first bank killed by the run nightmare.
Hume bank, Missouri, has $18.7 million worth of assets left, but has... 600 mortgaged properties to be auctioned. "
"Poof --"
Andy almost spewed the coffee out of his mouth, took a tissue from one side and wiped the corner of his mouth. He asked with some tears and laughter, "how many mortgages does Miami Valley Bank have now?"
"800 buildings..."
"Ha ha..." Andy's face wry his head and shook his head. "Make complaints about it," I said. "I should be a big developer."
Both Al and bardstone couldn't help laughing. They laughed loudly, but the laughter stopped soon, and they sighed a little. Although it was just numbers, it also meant that at least 1400 families or individuals were unemployed and bankrupt.
"Speed up the cleaning up, contact the original management of these banks as soon as possible, and ask them to reconvene some outstanding employees who are unemployed at home. After we have completed the takeover procedures, let these people check all the mortgaged properties for me, and never let these properties become ghost houses and homeless homes!"
Andy thinks about the joke that the $1 of his previous life can buy a villa in the United States. His face has changed a little. The abandoned independent house and the whole community have become a paradise for Vagabonds. Let alone sell it again. It's a gift for nothing. No one will live in a community full of Vagabonds. NIMA, that's just playing with his life!
He also hopes to turn half of the original prices into treasures. Andy's heart gets hot when he thinks of the real estate speculation group carrying cash to buy a house in China!
However, if you want to attract these people to pay, you should at least ensure the integrity of these properties and the public security environment of the community. Otherwise, no matter how good the houses are, the local tyrants will not take a look at them. It seems that this time, when you see Li Xiaoying, you need to ask her whether the investment of the real estate agency company has been implemented!
Please report us if you find any errors so we can fix it asap!
In the conference room of freedom city investment company, Andy listens to the report of the results of these players and the next target they choose.
This kind of seminar has long been a daily necessity here. It is also the best way for them to compete with each other and keep pressure. Of course, it is more important to eliminate high-risk speculation targets in the quarrel.
"In my opinion, neither Citibank nor Wells Fargo's current share price is low, and there is no big Bo move. It's not the right time to short them..."
"When? Citibank lost $9.83 billion in the fourth quarter of last year, and urgently raised $12.5 billion through public issuance and private placement to fill the hole.
The first quarter's financial report of this year is still the result of a huge loss. Although the stock market is stable now, you and I all know that this is just a shock consolidation in the unknown future.
Look at the volume. It's pitiful. As long as there is a signal in the market, there will be stampede, which will cause more panic. The time you say is coming. The problem is that people all over the world know the time is coming! "
"You see, that's Citibank! Do you think the government will let it go bankrupt? The Fed will help them
Mr. bardstone, who has been looking at the data, looked up and said seriously: "this is not the best time to short Citigroup and Wells Fargo. There is no related event. If we short, we will face those hedge funds directly. We will lose more than we gain. Let's wait until the second round of bank failure begins."
Andy leans back in the boss's chair in the main seat. From the beginning of the meeting, he doesn't speak. Hearing the decision of bardstone, he nods a little, then smiles and says, "in fact, you can start planning."
The words of the big boss inspired all the people in the conference room, but they knew that the big boss would never aim for nothing, and that the new feast might begin.
"It is in these days that the federal banking regulatory agency of the United States will release a regulation on the new type of national banking license, known as the" license to be used ".
This is the initial approval of OCC for investors to obtain the franchise of national bank business, and it is a regulation that can be used when relevant investment groups are able to implement M & A of "troubled institutions".
The purpose of this initiative is to expand the acquisition of troubled banks by potential buyers, so that investors can make new equity investments in troubled savings institutions. "
Wow -
in the conference room, there was an uproar. This kind of clause is totally endorsing the private acquisition of the National Bank, which is simply opening a new feast of gluttony. Everyone was a little stunned.
"Yes, that is to say, the U.S. banking industry will experience a round of market structure integration, and the degree of concentration and monopoly of the banking industry will further increase.
A new wave of bankruptcies will come soon, and the FDIC will play the role of receiver of bankrupted banks.
According to past practice, when FDIC takes over the "troubled banks", it usually seeks commercial banks or banking financial institutions such as savings and loan institutions to bid before a bank is closed, while other institutions such as private investors cannot participate.
This new regulation allows potential non bank acquirers to apply for a conditional "license to be opened" from OCC, which is only applicable to national banks, and the license is "not activated" after being issued.
Once these acquirers win the auctioned bank from the FDIC, these institutions can officially use the license of the National Bank, and acquire the assets of the taken over bank from the FDIC and bear the debts under the deposits. "
Andy smirked and explained to the crowd, looking at the incredible expression of the crowd, his heart was filled with emotion.
Hamilton told him that this was the legal support Paulson was looking for to get the bank he wanted. Of course, Andy doesn't believe that Paulson is just for him. To be frank, Paulson also created a door for those sharks who roam around, so that they can complete the banking industry's re integration and merger with impunity.
The United States is a legal country. In order to prevent the future economic crisis investigation institutions from turning over the old accounts, all large-scale acquisitions must be carried out within the framework permitted by law. Private acquisitions of national banks are not allowed. But now with the license plate to be used, Andy can get the required banks smoothly and legally.
Ha ha, very familiar, right? That's right. To put it bluntly, it's legal to resell the assets of Guo after being taken over...
Andy brings bardstone to Gaia company on the upper floor. The busy atmosphere of Gaia company is more and more intense. Everyone is walking at a trot speed.
"Good boss"
"Boss."
Along the way, Andy smiles and nods to his subordinates who walk quickly to greet him.
"Boss, is there another new project?" Badstone looked at the busy and tense office hall. Everyone was looking at the stacks of materials. Some people were shouting the report numbers and handing the documents to others."Well, the financial situation of Miami Valley Bank, Douglas National Bank of Missouri and Hume Bank of Missouri, which went bankrupt before the liquidation, I have obtained the license to be opened issued by the OCC. After they announce to the public, we will take over these three banks, free of charge, but only to bear the debt."
Andy turned to bardstone with a bright smile and explained to him that he could not help chuckling at the strange expression on bardstone's face.
In the office, Andy had some coffee with fragrance around him, listening to what al had reported to him.
"Miami Valley Bank went bankrupt in October last year, with a total asset of 254 million and a saving amount of 230 million. Due to the poor turnover of funds, it went bankrupt. At present, a large number of properties confiscated due to loan shortage have not been auctioned, mainly because no one participated in the auction...
Douglas National Bank of Missouri, with a total asset of 58.5 million US dollars, went bankrupt due to the bank run in January this year and was the first bank killed by the run nightmare.
Hume bank, Missouri, has $18.7 million worth of assets left, but has... 600 mortgaged properties to be auctioned. "
"Poof --"
Andy almost spewed the coffee out of his mouth, took a tissue from one side and wiped the corner of his mouth. He asked with some tears and laughter, "how many mortgages does Miami Valley Bank have now?"
"800 buildings..."
"Ha ha..." Andy's face wry his head and shook his head. "Make complaints about it," I said. "I should be a big developer."
Both Al and bardstone couldn't help laughing. They laughed loudly, but the laughter stopped soon, and they sighed a little. Although it was just numbers, it also meant that at least 1400 families or individuals were unemployed and bankrupt.
"Speed up the cleaning up, contact the original management of these banks as soon as possible, and ask them to reconvene some outstanding employees who are unemployed at home. After we have completed the takeover procedures, let these people check all the mortgaged properties for me, and never let these properties become ghost houses and homeless homes!"
Andy thinks about the joke that the $1 of his previous life can buy a villa in the United States. His face has changed a little. The abandoned independent house and the whole community have become a paradise for Vagabonds. Let alone sell it again. It's a gift for nothing. No one will live in a community full of Vagabonds. NIMA, that's just playing with his life!
He also hopes to turn half of the original prices into treasures. Andy's heart gets hot when he thinks of the real estate speculation group carrying cash to buy a house in China!
However, if you want to attract these people to pay, you should at least ensure the integrity of these properties and the public security environment of the community. Otherwise, no matter how good the houses are, the local tyrants will not take a look at them. It seems that this time, when you see Li Xiaoying, you need to ask her whether the investment of the real estate agency company has been implemented!
In the conference room of freedom city investment company, Andy listens to the report of the results of these players and the next target they choose. This kind of seminar has long been a daily necessity here. It is also the best way for them to compete with each other and keep pressure. Of course, it is more important to eliminate high-risk speculation targets in the quarrel. "In my opinion, neither Citibank nor Wells Fargo's current share price is low, and there is no big Bo move. It's not the right time to short them..." "When? Citibank lost $9.83 billion in the fourth quarter of last year, and urgently raised $12.5 billion through public issuance and private placement to fill the hole. The first quarter's financial report of this year is still the result of a huge loss. Although the stock market is stable now, you and I all know that this is just a shock consolidation in the unknown future. Look at the volume. It's pitiful. As long as there is a signal in the market, there will be stampede, which will cause more panic. The time you say is coming. The problem is that people all over the world know the time is coming! " "You see, that's Citibank! Do you think the government will let it go bankrupt? The Fed will help them Mr. bardstone, who has been looking at the data, looked up and said seriously: "this is not the best time to short Citigroup and Wells Fargo. There is no related event. If we short, we will face those hedge funds directly. We will lose more than we gain. Let's wait until the second round of bank failure begins." Andy leans back in the boss's chair in the main seat. From the beginning of the meeting, he doesn't speak. Hearing the decision of bardstone, he nods a little, then smiles and says, "in fact, you can start planning." The words of the big boss inspired all the people in the conference room, but they knew that the big boss would never aim for nothing, and that the new feast might begin. "It is in these days that the federal banking regulatory agency of the United States will release a regulation on the new type of national banking license, known as the" license to be used ". This is the initial approval of OCC for investors to obtain the franchise of national bank business, and it is a regulation that can be used when relevant investment groups are able to implement M & A of "troubled institutions". The purpose of this initiative is to expand the acquisition of troubled banks by potential buyers, so that investors can make new equity investments in troubled savings institutions. " Wow - in the conference room, there was an uproar. This kind of clause is totally endorsing the private acquisition of the National Bank, which is simply opening a new feast of gluttony. Everyone was a little stunned. "Yes, that is to say, the U.S. banking industry will experience a round of market structure integration, and the degree of concentration and monopoly of the banking industry will further increase. A new wave of bankruptcies will come soon, and the FDIC will play the role of receiver of bankrupted banks. According to past practice, when FDIC takes over the "troubled banks", it usually seeks commercial banks or banking financial institutions such as savings and loan institutions to bid before a bank is closed, while other institutions such as private investors cannot participate. This new regulation allows potential non bank acquirers to apply for a conditional "license to be opened" from OCC, which is only applicable to national banks, and the license is "not activated" after being issued. Once these acquirers win the auctioned bank from the FDIC, these institutions can officially use the license of the National Bank, and acquire the assets of the taken over bank from the FDIC and bear the debts under the deposits. " Andy smirked and explained to the crowd, looking at the incredible expression of the crowd, his heart was filled with emotion. Hamilton told him that this was the legal support Paulson was looking for to get the bank he wanted. Of course, Andy doesn't believe that Paulson is just for him. To be frank, Paulson also created a door for those sharks who roam around, so that they can complete the banking industry's re integration and merger with impunity. The United States is a legal country. In order to prevent the future economic crisis investigation institutions from turning over the old accounts, all large-scale acquisitions must be carried out within the framework permitted by law. Private acquisitions of national banks are not allowed. But now with the license plate to be used, Andy can get the required banks smoothly and legally. Ha ha, very familiar, right? That's right. To put it bluntly, it's legal to resell the assets of Guo after being taken over... Andy brings bardstone to Gaia company on the upper floor. The busy atmosphere of Gaia company is more and more intense. Everyone is walking at a trot speed. "Good boss" "Boss." Along the way, Andy smiles and nods to his subordinates who walk quickly to greet him. "Boss, is there another new project?" Badstone looked at the busy and tense office hall. Everyone was looking at the stacks of materials. Some people were shouting the report numbers and handing the documents to others."Well, the financial situation of Miami Valley Bank, Douglas National Bank of Missouri and Hume Bank of Missouri, which went bankrupt before the liquidation, I have obtained the license to be opened issued by the OCC. After they announce to the public, we will take over these three banks, free of charge, but only to bear the debt." Andy turned to bardstone with a bright smile and explained to him that he could not help chuckling at the strange expression on bardstone's face. In the office, Andy had some coffee with fragrance around him, listening to what al had reported to him. "Miami Valley Bank went bankrupt in October last year, with a total asset of 254 million and a saving amount of 230 million. Due to the poor turnover of funds, it went bankrupt. At present, a large number of properties confiscated due to loan shortage have not been auctioned, mainly because no one participated in the auction... Douglas National Bank of Missouri, with a total asset of 58.5 million US dollars, went bankrupt due to the bank run in January this year and was the first bank killed by the run nightmare. Hume bank, Missouri, has $18.7 million worth of assets left, but has... 600 mortgaged properties to be auctioned. " "Poof --" Andy almost spewed the coffee out of his mouth, took a tissue from one side and wiped the corner of his mouth. He asked with some tears and laughter, "how many mortgages does Miami Valley Bank have now?" "800 buildings..." "Ha ha..." Andy's face wry his head and shook his head. "Make complaints about it," I said. "I should be a big developer." Both Al and bardstone couldn't help laughing. They laughed loudly, but the laughter stopped soon, and they sighed a little. Although it was just numbers, it also meant that at least 1400 families or individuals were unemployed and bankrupt. "Speed up the cleaning up, contact the original management of these banks as soon as possible, and ask them to reconvene some outstanding employees who are unemployed at home. After we have completed the takeover procedures, let these people check all the mortgaged properties for me, and never let these properties become ghost houses and homeless homes!" Andy thinks about the joke that the $1 of his previous life can buy a villa in the United States. His face has changed a little. The abandoned independent house and the whole community have become a paradise for Vagabonds. Let alone sell it again. It's a gift for nothing. No one will live in a community full of Vagabonds. NIMA, that's just playing with his life! He also hopes to turn half of the original prices into treasures. Andy's heart gets hot when he thinks of the real estate speculation group carrying cash to buy a house in China! However, if you want to attract these people to pay, you should at least ensure the integrity of these properties and the public security environment of the community. Otherwise, no matter how good the houses are, the local tyrants will not take a look at them. It seems that this time, when you see Li Xiaoying, you need to ask her whether the investment of the real estate agency company has been implemented!
