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American Fortune Life - Chapter 1230

Published at 7th of November 2021 08:13:56 AM


Chapter 1230: 1230

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The news that U.S. Treasury Secretary Paulson knelt down at Roosevelt's hall and asked donkey party peipo to pass the rescue plan soon spread to the White House and both houses of Congress, which made elephant party members including the president angry.

"At that time, I was afraid that they would say something provocative when they went out, so I suddenly appeared in Roosevelt Room. When they saw me, they were not very happy. I wanted to bring you some happiness, so I knelt down to Pelosi. I said, please don't destroy the agreement, she said they won't... "

In the Oval Office, Paulson also knew that his behavior was reckless and rash. He stood opposite the president and explained with a wry smile. This time, xiaofeixie, the president who always liked to joke, had a cold expression on his face.

"I'm surprised that you've given emergency help to Bear Stearns, Fannie Mae and Freddie Mac, ignored Lehman Brothers and taken care of AIG. What does this mean? Does this mean that there are no relevant rules for your so-called rescue? "

old smith sat on the sofa, his right hand spread out on the back of the sofa, his eyes became extremely sharp, and he looked at Paulson, who turned back slightly changed, with a cold voice.

"How much of the $700 billion bailout plan are you going to spend on American homeowners facing foreclosure and bankruptcy?" Old Smith's eyes became colder and colder, and he did not stop because Paulson's face became livid and silent.

"This financial crisis, the rescue operation, will change the fate of many people, some will become heroes, some will be bound to be pinned on the stigma of history, obviously neither the president nor both parties want to be the latter. I'm sure you don't want to! "

With that, old Smith stood up and said hello to the president with a cold face. Then he turned around and left the president's office. As for Paulson's mood, he didn't care. He walked out of the White House and sat in the car. Old Smith took out his phone and called Andy.

"Hum! This is a trick of Paulson, 700 billion yuan. He aims to save his close friends on Wall Street and enrich Goldman Sachs by buying toxic financial products and rescuing the faltering U.S. financial system. Goldman Sachs and Mg Stanley may be "the biggest beneficiaries" of Paulson's bailout plan.

As for saving AIG, Goldman got up to $13 billion in compensation from AIG... He will show off, whether the rescue plan is passed or not, he will be the beneficiary! "

Andy hears his grandfather's story, a sneer on his face, and directly opens Paulson's heart.

"Grandpa, although the rescue plan is necessary, it can't let them succeed so easily!"

"Ha ha, you stinky boy, say, what do you want?" Old Smith naturally heard his grandson's unwillingness, leaned on the car seat, shook his head and asked with a smile.

"Haha, my predecessor of Yingtai bank was IndyMac bank. When it went bankrupt, there were 6.2 billion US dollars of toxic bonds..." Andy's dry laugh came out of the phone.

"Well? Shouldn't it all be regulated by FDIC? " Asked old Smith, with a slight frown.

"Ha ha, we can come back. Recently, the risk of bank failure has increased again. There are too many federal deposit insurance funds consumed. That's all the money of Shui people. Since our bank has started to improve, we can't watch FDIC continue to suffer..."

"All right!" Mr. Smith was speechless about his grandson's strange words. After a moment's meditation, he said, "half of them are family funds and are invested in Yingtai bank."

In the study of Shanhai manor, Andy's mouth with the phone twitched unnaturally for a few times, and his face became serious. "20%, only the dividend right, no voting right!"

"Yes!" Old Smith agreed without hesitation, and then angrily scolded: "you stinky boy, you even made a price of 15 billion dollars, you really dare to ask!"

"Ha ha, Grandpa, in fact, I gave you a preferential price. At that time, I acquired IndyMac with a valuation of 13.9 billion yuan. There were so many mergers..."

"Come on, you son of a bitch think I don't know the truth! Well, that's it. Hand over those bonds as soon as possible. "

Andy shrugs at the busy tone, but the expression on his face is not so happy because he may earn more than 3 billion dollars in vain. The family's hand is still stretched out, but in this way, he has to pay for something. He can't only enjoy the benefits of the family's strength, but he can't help himself.

Although old Smith is his grandfather, he is the head of the Smiths family first. The Smiths are not the only ones who maintain their prosperity. Old Smith never considers the interests of one person.

Besides, it's not like old Smith stuck in the rescue plan and forced the Wall Street forces represented by Paulson to exchange interests. It's hard to say whether Andy can turn to his bank of Pacific Pacific even if he gets those toxic bonds back!But in this way, the money can be earned steadily, and at that time, the bank can expand again in due time. Although Andy's negative assets have always been in his hands, and even Forbes has been encumbered by them when calculating his total assets, this situation may change next year.

After pondering for a while, Andy picked up the phone and called alvette in New York. He simply said that he and Stephanie Nubi would exchange the original toxic bonds of IndyMac from FDIC through agreement.

Alvette didn't ask, because he was very clear about his boss's unprofitable character. There must be some things he didn't need to know. Since the boss didn't say, he would never ask more if he was smart.

After explaining this, Andy asked for the details of the briefing in the next few days. For the stock market that went up and down these days, it made Al and bud very sad. After all, they were short sellers. Although there was no loss, the loss of earnings was the biggest loss in Andy's view.

However, Andy knows that everything is only temporary. Since he knows that the winner is himself, he must be patient and be able to withstand loneliness and temporary turbulence. On these characteristics, he admires Warren Buffett, the old rascal. The old fox never cares about the gains and losses of the city. As long as he fails to meet his psychological expectations, he will never Making any action.

After lunch, Andy played with little Laura for a long time, until little Laura yawned. Andy lay beside her, humming the lullaby, patting and coaxing little Laura to sleep. He was also hypnotized to lie down and take a nap.

Until I was woken up by the buzz of my cell phone, some people took my cell phone and looked at it. Sometimes, some people and things can't help but say that Warren Buffett called.

The content of the phone call is that Buffett disclosed to Andy that, driven by the Ministry of finance, Goldman Sachs is secretly negotiating with Wachovia. He wants to ask Andy if he is interested in investing in the merged Goldman Sachs Wachovia company with him.

At first, Andy thought Buffett was joking. The Treasury pushed him? Or Goldman's annexation of Wachovia?

"Warren, if you're serious, I can only say it's a waste of time."

Andy's words are very direct, but Warren Buffett didn't seem to care, but after analyzing the possible new combination for Andy, he said with a kind smile: "Byron of Goldman Sachs originally wanted to persuade me to invest in them, but they have this new idea, ha ha."

"Well, I knew you, old fox, were amusing me. You ruined my lunch break! Although it looks like a perfect deal, how dare some of them?

Ha ha, a company that is currently the finance minister, another is a vice chairman retired from Goldman Sachs, or a former Vice Finance Minister's company. If they explicitly order and support the merger and give financial support, they will definitely be sent to court, and any moral immunity will not work! "

"Well, Andy, it seems that you are much smarter and clearer than those people, but really, if Goldman Sachs becomes a bank holding company, are you interested in investing?" Warren Buffett seems to have known for a long time that Andy will see through and continue to ask kindly.

"I'm not interested for the time being. It's not the right time for me. You know that better than me. Besides, Goldman Sachs and I don't have the same deep relationship with you and them." Andy said in a serious tone.

"Yeah, Yuanyuan... I still remember the scene when I followed my father to visit Goldman Sachs when I was 10 years old. At that time, Sidney, senior partner of Goldman Sachs, hugged me and asked me tenderly: what do you like best about stocks, Warren? Ha ha, time flies. I didn't expect to see such a scene decades later. "

Listen to Warren Buffett's feeling, Andy can't help laughing: "since they need your rescue funds and reputation endorsement. Isn't this the moment when you should be greedy? There is an old saying in the heaven that people are fish and I am a pawn. You can kill whatever you like! "




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