LATEST UPDATES

American Fortune Life - Chapter 1069

Published at 7th of November 2021 08:20:08 AM


Chapter 1069: 1069

If audio player doesn't work, press Stop then Play button again




"Then how are you going to thank me?" Paulson took a sip of coffee, put the coffee cup on the desk, looked at Andy sharply, and asked.

"Thank you." Andy looked at Paulson sincerely and thanked him.

。。。。。。

Paulson and Hamilton didn't react at first. They thought there was something else. But after staring for more than ten seconds, NIMA realized that the bastard's so-called thanks were just a "thank you".

Both of them have black lines on their foreheads. Paulson is more directly laughed by anger. He also thinks more about how to expect from the young bastard in front of him.

"Well, Mr. Smith, let's not go around. I'm here today to hope you can fulfill the agreement. Everything you want has been obtained. Can you tell me the news you said and grasped at the dinner party last time?"

Paulson stopped the angry smile on his face, looked at Andy in the opposite direction, and went straight to the theme.

"Hey, Mr. finance minister, don't mention the acquisition of banks. I'm really hit by the FDIC. No wonder they can't wait to reach a deal with me. The bad assets and subordinated bonds of the original IndyMac bank are really amazing. You don't know. Now I have a meeting all day to discuss how to reduce losses. Hey, I'm sorry, two of you. Here I am... I'm going to have a meeting again. Otherwise, I'll invite you to lunch at noon

Andy looked at his watch with a wrung brow. He was so upset by the bank's troubles that he complained to the two guests and didn't pay any attention to Paulson's questions.

"Andy, you can't be too greedy..."

"Well? Am I greedy? " Bend the brows of Paulson, Andy, who had been worried, turned a face to face, and became a cold smile. A rhetorical question make complaints about Paulson.

"The 10 billion dollar loan and acquisition of four failed banks brought us short market's pledge to stop and help twice, and my abandonment of the gold market. The most important thing is that this matter is a win-win situation. FDIC is eager to find an offer man, and I am interested in the banking industry, and I can also curb the spread of the run...

Don't you think it's a very fair deal? I've solved a big problem for you, Mr. finance minister. Our business is over. We don't owe each other, do we? "

Andy's mouth is up, his face is smirking, his arms are stretched out, his coffee cup is on the desk, his arms and elbows are supported on the armrest of the boss's chair, his hands are crossed in front of his body with ten fingers, and his voice is clear.

。。。。。。

Paulson's expression is slightly stagnant, he frowns and opens his mouth. He wants to say something, but Andy Smith can't refute his words, but Andy in front of him is really a disgusting bastard. He's going through a river to tear down a bridge and is waiting for a price.

The boss of his own family was so disgusted that Hamilton, as the chief of staff, naturally would not look at the boss in an awkward situation, and looked at Andy and said, "but we facilitated the early takeover of IndyMac bank, which is undoubtedly helping you..."

"I thank you very much. Really, you are very good partners." Andy continued to use a word of thanks to turn things over. Hamilton was almost choked with old blood.

。。。。。。

Paulson's face is gloomy and Andy's clear and fearless eyes look at each other. Neither of them means to give in.

"Say, what do you want this time? Don't go too far! " Paulson is almost gnashing his teeth. To be honest, since he took over the position of Finance Minister of xiaofeixie government, he basically sat on a crater, where there was a fire, he would go to block it.

Not only is he tired to death, but also he has to face the difficulties and wrangles of the two houses. To be honest, he really regrets sitting in this thankless position. When dealing with a group of greedy and selfish vampires, he has too much negative energy in his heart.

Well, even if he himself was the same person as these guys, after all, as the chairman of Goldman Sachs Group, he is also a manufacturer and participant in the current subprime crisis.

"No way, the current bond market is in a state of suspension. Sorting out the non-performing assets of IndyMac bank is our biggest headache at present. The 3 billion US dollar MBS bond has become a cancer that banks cannot get rid of at present...

I know that the Federal Reserve has launched an innovative liquidity support tool, TSLF, which uses treasury bonds to replace the mortgage assets of primary securities dealers by auction, and an asset swap agreement which is valid for six months.

It's a pity that we are new to the banking industry. We have a weak background, small businesses, and fundamental competition. However, those large institutions such as Fannie and Freddie, Lehman, have little hope of being photographed, and their validity period is a little short. We are really worried. "

Paulson and Hamilton's face suddenly changed color. Andy's big appetite was a little unacceptable. He wanted to exchange 3 billion toxic bonds for the same value of national debt with one mouth, which he just wanted to seize!

We need to know that these treasury bonds can be used as collateral to exchange funds of the same face value. The form of auction can help the Federal Reserve reduce losses, even through the rescue of the market, through the most difficult stage, and after the housing market recovers, it can make a small profit.But the one-to-one ratio exchange, which is undoubtedly unacceptable to the Federal Reserve, even if the scale of 3 billion is not large compared with 75 billion, but this is undoubtedly to let the Federal Reserve bear all the risks of this part of MBS.

Being so greedy at a young age, Andy renewed Paulson's impression of him.

"Ha ha, three billion treasury bonds... Andy, I'm really curious about the value of your news. "

Andy didn't care about the sneer and sarcasm on Paulson's Tieqing's face. He just smiled.

"Let's not say that the 3 billion replacement treasury bonds can't be replaced. I'm very poor. I'm very, very poor! However, who let us be friends and partners? It's important to suffer losses. It's useless for me to master this news... Oh, no, it's not useless, it's helpless! "

"Ha ha, is it? Since there is nothing we can do, let's say it. Maybe we can deal with it..."

This time, Andy seems to be turning into a fool without any intention. He doesn't continue to say in a veiled way: "in fact, it's nothing, it's just a Ponzi scheme worth $560 billion. Tut, the problem is that this big scheme can't last because of the economic crisis. We have to..."

Said, in Paulson's astonishment and Hamilton's gape, Andy's face showed a brilliant smile, a big white tooth, his hands made an explosive gesture.

“BOMD。。。。。。”




Please report us if you find any errors so we can fix it asap!


COMMENTS