Chapter 1029: 1029
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Time passes too fast, passes in carelessly, lets the human be at a loss.
On April 16, IndyMac, located in Pasadena, California, was one of the largest deposit and loan banks in the United States with a total assets of about $32 billion. New York Senator Charles Schumer wrote to the banking regulator to discuss whether IndyMac could survive. After the letter was published, there was a small run on the bank...
At the same time, the bank was also suspected of fraud in the sub-prime mortgage issue and the FBI investigation was confirmed.
"According to expert analysis, IndyMac's financial situation has always been in doubt. The bank has lent to people with unknown income and assets, and reselled a large number of such loans to financial institutions. This year, the subprime mortgage and housing market crisis intensified, and the delinquency rate of housing loan delayed payment increased, which led to a serious reduction in the book assets of IndyMac
Wall Street, Gaia's decoration style tends to science fiction style in the office, Andy stands in front of the floor to floor window, with an expression of sadness and unhappiness on his face, overlooking the slightly cold street. Behind him is AMC cable news channel's TV report, and he doesn't know what he's thinking.
New York is warm and cold in spring. It also seems to epitomize the financial industry on Wall Street. In recent months, major investment banking financial companies and banks have been laying off staff. In those years, the financial posts of "Xiangbao" were once again swaying in the wind and rain.
Dong Dong -
Andy squints his eyes and looks back at the door of the office. He sees the little assistant pushing the door and alvette behind him. He turns around and walks back to his desk. He sits on the boss's chair, reaches out to Al and gives a sign, "sit, what do you want to drink? Tell tori."
"Thank you, coffee." After al sat down, he turned his head and smiled at tori, who was standing beside the ol dress.
"Since the disclosure of the report letter on the 16th, IndyMac has been withdrawn more than $300 million by panic customers in three days. This number will continue to rise with the reports of these days and the emergence of various adverse news.
If the FDIC doesn't want to see IndyMac bank run and go bankrupt, it will take over IndyMac bank at least a week later.
At present, IndyMac bank has started to rescue itself. They will cut half of their employees and stop most of their mortgage business. "
When he heard al's report, Andy just nodded, smiled and said: "three days ago, Paulson roared at me on the phone, saying that about 37% of the bank's $7 trillion deposits in the United States are not protected by federal deposit insurance. If the bank fails, it will bring great disaster.
Let him say as if IndyMac bank was in trouble because of what I did. It's a pity to blame the finance minister
"Affected by this, Citibank will cut 2000 more jobs in its trading and investment banking business," Al said, with a slight tug and a slight cough. Since October, Citigroup's market value has shrunk by nearly half. Since this year, its share price has fallen by 24%. "
Andy touched his chin and smiled at the corners of his mouth. He raised his eyes and looked up at al. "Chain reaction."
"The calm of the previous month has been completely broken. Maybe that's the main reason for Paulson's anger," Al nodded
Andy curled his mouth and smiled disapprovingly, "we have got the photos to be opened. Naturally, we need to open them as soon as possible. Miami Valley Bank, Douglas National Bank of Missouri and Hume Bank of Missouri are too small. I need a large bank as the main body, but the time is not waiting. Even if it's a little rude and rude this time, the goal will be achieved. "
"Well, most of the management of the three banks have been called back at present. I heard that many people cried when they received the phone call."
"According to the plan, before IndyMac bank was taken, the three banks were still closed, and the main task was to sort out their assets. When IndyMac's acquisition is complete, merge it into a new bank. "
Al nodded, understood and asked with a smile, "boss, will you attend the party tonight?"
"Well, the face of the Federal Reserve still needs to be given. After all, we still need to borrow money from them. Of course, they want me to take money out of the country more than they want. When we auction the mortgage-backed national debt, zhenima will create a name." Andy scoffed.
"My current position is in Beiling branch of IndyMac. You can see the long line behind me, waiting to withdraw cash from the bank. The angry people complain constantly. In order to control the chaos, the police even maintained order. So far, no arrests or injuries have occurred
The live report was broadcast on the TV in the office. Andy just smiled, and Al looked back. He got up and left with Andy.
"Honey, help me pick out a pair of shoes..." Ivana put her face to the mirror, carefully brushed her eyelashes, and shouted to Andy in the cloakroom."How about this pair?" Andy, a black tailored suit, picked up two shoes with two fingers and asked twice in the mirror.
"OK, just this pair. How about having a look?" Ivana put the eyelash brush in place, stood up straight and put a pose in front of Andy with a sweet smile.
A full black dress group, wrapped her tight body. The slightly repaired blonde hair is naturally spread on the shoulders, with delicate makeup and graceful appearance. The Pearl Earrings on her ears show her charming temperament.
"Charming!" Andy laughs and puts his shoes on the carpet.
Ivana kissed Andy on the face with a smile. After putting on her shoes, she grabbed Andy and said with a smile, "don't worry, let's take a picture first!"
Say to pick up the mobile phone from the dresser, flat side 15 degrees angle, turn back to reach out and lean Andy's face to his cheek, click and click to take a few photos, then bow to start to fine tune the photo, Jiao smiled to show Andy the next photo, with a paragraph of text, updated instagram's personal homepage.
"Well... Ha ha, my dear, your app is so wonderful. Many people take photos and share them all the time, especially the "like" function. It's incomparable! "
Ivana put her hands around Andy's neck, and her eyebrows danced with praise. Red flame Chun kissed Andy's mouth.
Andy pretends that 13's don't care to pick up eyebrows, shrugs his shoulders and says: "we still need to continue to publicize. At present, only 30 million active users, when to reach more than 100 million, is a success. I don't want people to regard it as a photo app, and the social Jiao platform is its focus."
"Giggle, you're greedy. It's a miracle that a new social media platform has developed so fast. I heard that Zuckerberg of Facebook is quite depressed about this. There are even rumors that he wants to buy instagram."
Andy curled his mouth and smiled sarcastically. He pointed out Ivana's nose. "He was dreaming. I can't sell it. You know, in order to let instagram kill twitter, I've almost dug up the people in the twitter company. I won't let instagram develop strong enough. I won't throw this cake out for money."
"You are the best!" Ivana smiles and kisses Andy in the face again. "Let's go. It's almost time for the party."
Tonight's reception was quite large. Most of the guests were Wall Street elites. The CEOs of investment banks, financial institutions and banks all showed up. Some real tycoons also showed up in it.
Andy is shining. Ivana of the devil's figure appears at the reception, which immediately attracts the attention of the public. This pair of excellent men and women seem to be able to amaze the whole audience no matter where they appear.
In addition to Ivana's angel like smile and amazing Xing feeling curve, the main thing is that Andy Smith is so dazzling.
Fed Bernanke and Treasury Secretary Paulson are arguing with a group of Wall Street bankers about what to do. Seeing Andy and Ivana appear, they can't help but look at each other and see a haze in each other's eyes.
To be honest, they really hate Andy Smith, a young man. It's not about personal likes and dislikes, not to mention personal grudges. It's mainly because this greedy young man is really a big trouble. A typical panic maker, in order to gain benefits, for one's own sake, easily levers the whole market to destruction, doesn't care about the lives of other people. It's just like that It's a jerk!
Please report us if you find any errors so we can fix it asap!
Time passes too fast, passes in carelessly, lets the human be at a loss.
On April 16, IndyMac, located in Pasadena, California, was one of the largest deposit and loan banks in the United States with a total assets of about $32 billion. New York Senator Charles Schumer wrote to the banking regulator to discuss whether IndyMac could survive. After the letter was published, there was a small run on the bank...
At the same time, the bank was also suspected of fraud in the sub-prime mortgage issue and the FBI investigation was confirmed.
"According to expert analysis, IndyMac's financial situation has always been in doubt. The bank has lent to people with unknown income and assets, and reselled a large number of such loans to financial institutions. This year, the subprime mortgage and housing market crisis intensified, and the delinquency rate of housing loan delayed payment increased, which led to a serious reduction in the book assets of IndyMac
Wall Street, Gaia's decoration style tends to science fiction style in the office, Andy stands in front of the floor to floor window, with an expression of sadness and unhappiness on his face, overlooking the slightly cold street. Behind him is AMC cable news channel's TV report, and he doesn't know what he's thinking.
New York is warm and cold in spring. It also seems to epitomize the financial industry on Wall Street. In recent months, major investment banking financial companies and banks have been laying off staff. In those years, the financial posts of "Xiangbao" were once again swaying in the wind and rain.
Dong Dong -
Andy squints his eyes and looks back at the door of the office. He sees the little assistant pushing the door and alvette behind him. He turns around and walks back to his desk. He sits on the boss's chair, reaches out to Al and gives a sign, "sit, what do you want to drink? Tell tori."
"Thank you, coffee." After al sat down, he turned his head and smiled at tori, who was standing beside the ol dress.
"Since the disclosure of the report letter on the 16th, IndyMac has been withdrawn more than $300 million by panic customers in three days. This number will continue to rise with the reports of these days and the emergence of various adverse news.
If the FDIC doesn't want to see IndyMac bank run and go bankrupt, it will take over IndyMac bank at least a week later.
At present, IndyMac bank has started to rescue itself. They will cut half of their employees and stop most of their mortgage business. "
When he heard al's report, Andy just nodded, smiled and said: "three days ago, Paulson roared at me on the phone, saying that about 37% of the bank's $7 trillion deposits in the United States are not protected by federal deposit insurance. If the bank fails, it will bring great disaster.
Let him say as if IndyMac bank was in trouble because of what I did. It's a pity to blame the finance minister
"Affected by this, Citibank will cut 2000 more jobs in its trading and investment banking business," Al said, with a slight tug and a slight cough. Since October, Citigroup's market value has shrunk by nearly half. Since this year, its share price has fallen by 24%. "
Andy touched his chin and smiled at the corners of his mouth. He raised his eyes and looked up at al. "Chain reaction."
"The calm of the previous month has been completely broken. Maybe that's the main reason for Paulson's anger," Al nodded
Andy curled his mouth and smiled disapprovingly, "we have got the photos to be opened. Naturally, we need to open them as soon as possible. Miami Valley Bank, Douglas National Bank of Missouri and Hume Bank of Missouri are too small. I need a large bank as the main body, but the time is not waiting. Even if it's a little rude and rude this time, the goal will be achieved. "
"Well, most of the management of the three banks have been called back at present. I heard that many people cried when they received the phone call."
"According to the plan, before IndyMac bank was taken, the three banks were still closed, and the main task was to sort out their assets. When IndyMac's acquisition is complete, merge it into a new bank. "
Al nodded, understood and asked with a smile, "boss, will you attend the party tonight?"
"Well, the face of the Federal Reserve still needs to be given. After all, we still need to borrow money from them. Of course, they want me to take money out of the country more than they want. When we auction the mortgage-backed national debt, zhenima will create a name." Andy scoffed.
"My current position is in Beiling branch of IndyMac. You can see the long line behind me, waiting to withdraw cash from the bank. The angry people complain constantly. In order to control the chaos, the police even maintained order. So far, no arrests or injuries have occurred
The live report was broadcast on the TV in the office. Andy just smiled, and Al looked back. He got up and left with Andy.
"Honey, help me pick out a pair of shoes..." Ivana put her face to the mirror, carefully brushed her eyelashes, and shouted to Andy in the cloakroom."How about this pair?" Andy, a black tailored suit, picked up two shoes with two fingers and asked twice in the mirror.
"OK, just this pair. How about having a look?" Ivana put the eyelash brush in place, stood up straight and put a pose in front of Andy with a sweet smile.
A full black dress group, wrapped her tight body. The slightly repaired blonde hair is naturally spread on the shoulders, with delicate makeup and graceful appearance. The Pearl Earrings on her ears show her charming temperament.
"Charming!" Andy laughs and puts his shoes on the carpet.
Ivana kissed Andy on the face with a smile. After putting on her shoes, she grabbed Andy and said with a smile, "don't worry, let's take a picture first!"
Say to pick up the mobile phone from the dresser, flat side 15 degrees angle, turn back to reach out and lean Andy's face to his cheek, click and click to take a few photos, then bow to start to fine tune the photo, Jiao smiled to show Andy the next photo, with a paragraph of text, updated instagram's personal homepage.
"Well... Ha ha, my dear, your app is so wonderful. Many people take photos and share them all the time, especially the "like" function. It's incomparable! "
Ivana put her hands around Andy's neck, and her eyebrows danced with praise. Red flame Chun kissed Andy's mouth.
Andy pretends that 13's don't care to pick up eyebrows, shrugs his shoulders and says: "we still need to continue to publicize. At present, only 30 million active users, when to reach more than 100 million, is a success. I don't want people to regard it as a photo app, and the social Jiao platform is its focus."
"Giggle, you're greedy. It's a miracle that a new social media platform has developed so fast. I heard that Zuckerberg of Facebook is quite depressed about this. There are even rumors that he wants to buy instagram."
Andy curled his mouth and smiled sarcastically. He pointed out Ivana's nose. "He was dreaming. I can't sell it. You know, in order to let instagram kill twitter, I've almost dug up the people in the twitter company. I won't let instagram develop strong enough. I won't throw this cake out for money."
"You are the best!" Ivana smiles and kisses Andy in the face again. "Let's go. It's almost time for the party."
Tonight's reception was quite large. Most of the guests were Wall Street elites. The CEOs of investment banks, financial institutions and banks all showed up. Some real tycoons also showed up in it.
Andy is shining. Ivana of the devil's figure appears at the reception, which immediately attracts the attention of the public. This pair of excellent men and women seem to be able to amaze the whole audience no matter where they appear.
In addition to Ivana's angel like smile and amazing Xing feeling curve, the main thing is that Andy Smith is so dazzling.
Fed Bernanke and Treasury Secretary Paulson are arguing with a group of Wall Street bankers about what to do. Seeing Andy and Ivana appear, they can't help but look at each other and see a haze in each other's eyes.
To be honest, they really hate Andy Smith, a young man. It's not about personal likes and dislikes, not to mention personal grudges. It's mainly because this greedy young man is really a big trouble. A typical panic maker, in order to gain benefits, for one's own sake, easily levers the whole market to destruction, doesn't care about the lives of other people. It's just like that It's a jerk!
Time passes too fast, passes in carelessly, lets the human be at a loss. On April 16, IndyMac, located in Pasadena, California, was one of the largest deposit and loan banks in the United States with a total assets of about $32 billion. New York Senator Charles Schumer wrote to the banking regulator to discuss whether IndyMac could survive. After the letter was published, there was a small run on the bank... At the same time, the bank was also suspected of fraud in the sub-prime mortgage issue and the FBI investigation was confirmed. "According to expert analysis, IndyMac's financial situation has always been in doubt. The bank has lent to people with unknown income and assets, and reselled a large number of such loans to financial institutions. This year, the subprime mortgage and housing market crisis intensified, and the delinquency rate of housing loan delayed payment increased, which led to a serious reduction in the book assets of IndyMac Wall Street, Gaia's decoration style tends to science fiction style in the office, Andy stands in front of the floor to floor window, with an expression of sadness and unhappiness on his face, overlooking the slightly cold street. Behind him is AMC cable news channel's TV report, and he doesn't know what he's thinking. New York is warm and cold in spring. It also seems to epitomize the financial industry on Wall Street. In recent months, major investment banking financial companies and banks have been laying off staff. In those years, the financial posts of "Xiangbao" were once again swaying in the wind and rain. Dong Dong - Andy squints his eyes and looks back at the door of the office. He sees the little assistant pushing the door and alvette behind him. He turns around and walks back to his desk. He sits on the boss's chair, reaches out to Al and gives a sign, "sit, what do you want to drink? Tell tori." "Thank you, coffee." After al sat down, he turned his head and smiled at tori, who was standing beside the ol dress. "Since the disclosure of the report letter on the 16th, IndyMac has been withdrawn more than $300 million by panic customers in three days. This number will continue to rise with the reports of these days and the emergence of various adverse news. If the FDIC doesn't want to see IndyMac bank run and go bankrupt, it will take over IndyMac bank at least a week later. At present, IndyMac bank has started to rescue itself. They will cut half of their employees and stop most of their mortgage business. " When he heard al's report, Andy just nodded, smiled and said: "three days ago, Paulson roared at me on the phone, saying that about 37% of the bank's $7 trillion deposits in the United States are not protected by federal deposit insurance. If the bank fails, it will bring great disaster. Let him say as if IndyMac bank was in trouble because of what I did. It's a pity to blame the finance minister "Affected by this, Citibank will cut 2000 more jobs in its trading and investment banking business," Al said, with a slight tug and a slight cough. Since October, Citigroup's market value has shrunk by nearly half. Since this year, its share price has fallen by 24%. " Andy touched his chin and smiled at the corners of his mouth. He raised his eyes and looked up at al. "Chain reaction." "The calm of the previous month has been completely broken. Maybe that's the main reason for Paulson's anger," Al nodded Andy curled his mouth and smiled disapprovingly, "we have got the photos to be opened. Naturally, we need to open them as soon as possible. Miami Valley Bank, Douglas National Bank of Missouri and Hume Bank of Missouri are too small. I need a large bank as the main body, but the time is not waiting. Even if it's a little rude and rude this time, the goal will be achieved. " "Well, most of the management of the three banks have been called back at present. I heard that many people cried when they received the phone call." "According to the plan, before IndyMac bank was taken, the three banks were still closed, and the main task was to sort out their assets. When IndyMac's acquisition is complete, merge it into a new bank. " Al nodded, understood and asked with a smile, "boss, will you attend the party tonight?" "Well, the face of the Federal Reserve still needs to be given. After all, we still need to borrow money from them. Of course, they want me to take money out of the country more than they want. When we auction the mortgage-backed national debt, zhenima will create a name." Andy scoffed. "My current position is in Beiling branch of IndyMac. You can see the long line behind me, waiting to withdraw cash from the bank. The angry people complain constantly. In order to control the chaos, the police even maintained order. So far, no arrests or injuries have occurred The live report was broadcast on the TV in the office. Andy just smiled, and Al looked back. He got up and left with Andy. "Honey, help me pick out a pair of shoes..." Ivana put her face to the mirror, carefully brushed her eyelashes, and shouted to Andy in the cloakroom."How about this pair?" Andy, a black tailored suit, picked up two shoes with two fingers and asked twice in the mirror. "OK, just this pair. How about having a look?" Ivana put the eyelash brush in place, stood up straight and put a pose in front of Andy with a sweet smile. A full black dress group, wrapped her tight body. The slightly repaired blonde hair is naturally spread on the shoulders, with delicate makeup and graceful appearance. The Pearl Earrings on her ears show her charming temperament. "Charming!" Andy laughs and puts his shoes on the carpet. Ivana kissed Andy on the face with a smile. After putting on her shoes, she grabbed Andy and said with a smile, "don't worry, let's take a picture first!" Say to pick up the mobile phone from the dresser, flat side 15 degrees angle, turn back to reach out and lean Andy's face to his cheek, click and click to take a few photos, then bow to start to fine tune the photo, Jiao smiled to show Andy the next photo, with a paragraph of text, updated instagram's personal homepage. "Well... Ha ha, my dear, your app is so wonderful. Many people take photos and share them all the time, especially the "like" function. It's incomparable! " Ivana put her hands around Andy's neck, and her eyebrows danced with praise. Red flame Chun kissed Andy's mouth. Andy pretends that 13's don't care to pick up eyebrows, shrugs his shoulders and says: "we still need to continue to publicize. At present, only 30 million active users, when to reach more than 100 million, is a success. I don't want people to regard it as a photo app, and the social Jiao platform is its focus." "Giggle, you're greedy. It's a miracle that a new social media platform has developed so fast. I heard that Zuckerberg of Facebook is quite depressed about this. There are even rumors that he wants to buy instagram." Andy curled his mouth and smiled sarcastically. He pointed out Ivana's nose. "He was dreaming. I can't sell it. You know, in order to let instagram kill twitter, I've almost dug up the people in the twitter company. I won't let instagram develop strong enough. I won't throw this cake out for money." "You are the best!" Ivana smiles and kisses Andy in the face again. "Let's go. It's almost time for the party." Tonight's reception was quite large. Most of the guests were Wall Street elites. The CEOs of investment banks, financial institutions and banks all showed up. Some real tycoons also showed up in it. Andy is shining. Ivana of the devil's figure appears at the reception, which immediately attracts the attention of the public. This pair of excellent men and women seem to be able to amaze the whole audience no matter where they appear. In addition to Ivana's angel like smile and amazing Xing feeling curve, the main thing is that Andy Smith is so dazzling. Fed Bernanke and Treasury Secretary Paulson are arguing with a group of Wall Street bankers about what to do. Seeing Andy and Ivana appear, they can't help but look at each other and see a haze in each other's eyes. To be honest, they really hate Andy Smith, a young man. It's not about personal likes and dislikes, not to mention personal grudges. It's mainly because this greedy young man is really a big trouble. A typical panic maker, in order to gain benefits, for one's own sake, easily levers the whole market to destruction, doesn't care about the lives of other people. It's just like that It's a jerk!
