Chapter 1246: 1246
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The rescue plan proposed by the U.S. government was approved by the house of Representatives yesterday, October 3 afternoon, and officially implemented by the president Xiaofei shoes. But surprisingly, Wall Street, the biggest beneficiary of the government's rescue, suddenly changed its face after the plan was passed, and the three indexes fell hand in hand.
Wall Street was able to breathe as the rescue package boots landed, but concerns about the economic outlook caused the stock index to fall.
Now the market has become a frightened bird. Andy knows that this is Wall Street's concern that the government's bailout plan is not enough to drag the U.S. economy out of the recession, because the economic data is increasingly not optimistic.
The $700 billion investment in the market can only save the skin and not solve the fundamental problems. $seven hundred billion can only deal with the bad debts on the books so far, but incapable of action against the new bad debts that are constantly breaking down in the real estate industry.
But anyway, Wall Street ended its "worst week" with only one day of gains in five trading days and 777 points of losses in the worst day.
As Andy said before when he faced the media 13, the British will suffer from the economic crisis in the United States, including Europe, if they can't read jokes.
This week, the financial crisis spread rapidly to Europe, which also led to a deeper panic in global finance. And Europe does not have a unified fiscal and integrated central bank like the United States that can quickly intervene in markets. As a result, European banks are more likely to go bankrupt and fail due to a lack of capital.
In the study, Andy is sitting in front of the computer, having a video conference with his subordinates in the UK, listening to this week's work report, and more importantly, determining the next stage of "strike target".
As for "robbing" European financial markets, Andy has no psychological burden. He would like to empty Europe's wealth directly.
"Iceland!"
After Andy listened to the report, he did not hesitate to set his goal as Iceland, the most familiar national bankruptcy news in his previous life.
No matter how small a country is, it is also a country based on the financial industry. What can gather wealth more quickly than robbing a country?
"Iceland is a small Nordic country with a population of about 320000 and a total economy of about $19 billion. In the mid-1990s, Iceland's stock market once flourished, stimulating the development of the country's banking industry. The total assets of Iceland's banking sector are nine times the country's total economy. " After Andy's voice fell, a data analyst introduced Iceland's situation to the speed of communication.
"Compared with other economic sectors, Iceland's banking industry has expanded excessively and rapidly, which has laid a hidden danger for the current crisis. Under the financial crisis, Iceland's banking institutions have been severely impacted and suffered from a shortage of funds. According to reports, Icelandic residents recently found that they could not withdraw or transfer funds from some of the country's banking institutions, which has caused a lot of panic in the country.
In 2007, the GDP was only US $19.37 billion, while the assets of its major banks reached US $128 billion, with a foreign debt of more than 100 billion euros. The current foreign assets used by the Icelandic central bank were only 4 billion euros.
All the data show that the three major banking institutions in Iceland have been in serious difficulties. It is only a matter of time before they are taken over by the government. At present, the exchange rate of Icelandic krona against the euro has started to fall sharply. "
"How much money can we use?" Andy touched his chin and squinted.
"In addition to the 2 billion of which are shorting banks and some businesses in the UK, the previous gains from the gold and foreign exchange markets have made us very well funded, with 3.2 billion available at any time."
Andy's mouth is cocked up, his radian is very big, and his smile becomes very bright. Sure enough, he is a financial fan. Only when he hears the increase of money is the happiest thing for him. Although he has seen the fund data from the briefing for a long time, listening to his subordinates' reports will make him laugh uncontrollably.
"Concentrate on shorting Icelandic krona. I believe that there are many forces targeting Iceland now. Hedging the exchange rate of Icelandic krona is the most direct and simple way to plunder wealth quickly." Andy said calmly, as for the frantic devaluation of banknotes in the hands of Icelandic people and the soaring prices, it is no longer his consideration.
"The exchange rate has plummeted, and the Icelandic government will definitely announce to fix the krona against the euro..."
Andy laughs and shakes his head, interrupting his subordinates' worries, and says directly: "general trend! How much money can they give to market? They have no room for resistance at all. In the foreign exchange market, their Icelandic krona will usher in a relentless sell-off.
Even if there are other countries to rescue, but hundreds of millions, billions of scale is just adding firewood, they do not save the market, what do we make? They will eventually renounce their support for the Icelandic krona because they are not able to support it. "
"Iceland is more like a private investment fund than a government," Andy said, looking intensely at the people sitting in the conference room in the video window. Now, they are the most vulnerable countries. All we have to do is rush in and take everything away! "
"I see, boss!" Everyone's face was solemn, and they responded at the same time."This time, it will be a three-way linkage, so everyone, let's divide it up!
I've never been a stingy person. This time, the team with revenue ratio of the first place will get 5% of its revenue as bonus!
I've given you the chance to be rich. It's up to you to grasp it! "
"Oh, long live the boss!"
"God, boss, I love you!"
。。。。。。
As soon as Andy's incentive plan came out, all the people in the conference room began to shout excitedly with green light in their eyes. Andy laughed and shook his head and turned off the video. Then he picked up the phone and informed badstone, alvette and the team in the footwell. They were equally excited and excited. They shouted that they were the first.
Andy's mouth is cocked up. He has been trained to be full of wolves. Greedy people will bring him a harvest.
The reason why they should be spurred by heavy profits this time is mainly because the foreign exchange market is a 24-hour market. The most obvious difference between it and other trading markets is the continuity in time and the unconstrained in space!
Do not need heavy profit, how can they not waste a second desperately, to make money for themselves?
In the same way, Chongli is also the most effective way to retain talents and cultivate disciples of their own enterprises. Look at mg chase, Mg Stanley, Goldman Sachs...
No matter where they go, they will never forget their origins, and use them as their superior capital, and at the same time, they will always give back to these companies.
Such as Paulson, the current treasury secretary, Bernanke, the chairman of the Federal Reserve, Geithner, the next Treasury Secretary...
Please report us if you find any errors so we can fix it asap!
The rescue plan proposed by the U.S. government was approved by the house of Representatives yesterday, October 3 afternoon, and officially implemented by the president Xiaofei shoes. But surprisingly, Wall Street, the biggest beneficiary of the government's rescue, suddenly changed its face after the plan was passed, and the three indexes fell hand in hand.
Wall Street was able to breathe as the rescue package boots landed, but concerns about the economic outlook caused the stock index to fall.
Now the market has become a frightened bird. Andy knows that this is Wall Street's concern that the government's bailout plan is not enough to drag the U.S. economy out of the recession, because the economic data is increasingly not optimistic.
The $700 billion investment in the market can only save the skin and not solve the fundamental problems. $seven hundred billion can only deal with the bad debts on the books so far, but incapable of action against the new bad debts that are constantly breaking down in the real estate industry.
But anyway, Wall Street ended its "worst week" with only one day of gains in five trading days and 777 points of losses in the worst day.
As Andy said before when he faced the media 13, the British will suffer from the economic crisis in the United States, including Europe, if they can't read jokes.
This week, the financial crisis spread rapidly to Europe, which also led to a deeper panic in global finance. And Europe does not have a unified fiscal and integrated central bank like the United States that can quickly intervene in markets. As a result, European banks are more likely to go bankrupt and fail due to a lack of capital.
In the study, Andy is sitting in front of the computer, having a video conference with his subordinates in the UK, listening to this week's work report, and more importantly, determining the next stage of "strike target".
As for "robbing" European financial markets, Andy has no psychological burden. He would like to empty Europe's wealth directly.
"Iceland!"
After Andy listened to the report, he did not hesitate to set his goal as Iceland, the most familiar national bankruptcy news in his previous life.
No matter how small a country is, it is also a country based on the financial industry. What can gather wealth more quickly than robbing a country?
"Iceland is a small Nordic country with a population of about 320000 and a total economy of about $19 billion. In the mid-1990s, Iceland's stock market once flourished, stimulating the development of the country's banking industry. The total assets of Iceland's banking sector are nine times the country's total economy. " After Andy's voice fell, a data analyst introduced Iceland's situation to the speed of communication.
"Compared with other economic sectors, Iceland's banking industry has expanded excessively and rapidly, which has laid a hidden danger for the current crisis. Under the financial crisis, Iceland's banking institutions have been severely impacted and suffered from a shortage of funds. According to reports, Icelandic residents recently found that they could not withdraw or transfer funds from some of the country's banking institutions, which has caused a lot of panic in the country.
In 2007, the GDP was only US $19.37 billion, while the assets of its major banks reached US $128 billion, with a foreign debt of more than 100 billion euros. The current foreign assets used by the Icelandic central bank were only 4 billion euros.
All the data show that the three major banking institutions in Iceland have been in serious difficulties. It is only a matter of time before they are taken over by the government. At present, the exchange rate of Icelandic krona against the euro has started to fall sharply. "
"How much money can we use?" Andy touched his chin and squinted.
"In addition to the 2 billion of which are shorting banks and some businesses in the UK, the previous gains from the gold and foreign exchange markets have made us very well funded, with 3.2 billion available at any time."
Andy's mouth is cocked up, his radian is very big, and his smile becomes very bright. Sure enough, he is a financial fan. Only when he hears the increase of money is the happiest thing for him. Although he has seen the fund data from the briefing for a long time, listening to his subordinates' reports will make him laugh uncontrollably.
"Concentrate on shorting Icelandic krona. I believe that there are many forces targeting Iceland now. Hedging the exchange rate of Icelandic krona is the most direct and simple way to plunder wealth quickly." Andy said calmly, as for the frantic devaluation of banknotes in the hands of Icelandic people and the soaring prices, it is no longer his consideration.
"The exchange rate has plummeted, and the Icelandic government will definitely announce to fix the krona against the euro..."
Andy laughs and shakes his head, interrupting his subordinates' worries, and says directly: "general trend! How much money can they give to market? They have no room for resistance at all. In the foreign exchange market, their Icelandic krona will usher in a relentless sell-off.
Even if there are other countries to rescue, but hundreds of millions, billions of scale is just adding firewood, they do not save the market, what do we make? They will eventually renounce their support for the Icelandic krona because they are not able to support it. "
"Iceland is more like a private investment fund than a government," Andy said, looking intensely at the people sitting in the conference room in the video window. Now, they are the most vulnerable countries. All we have to do is rush in and take everything away! "
"I see, boss!" Everyone's face was solemn, and they responded at the same time."This time, it will be a three-way linkage, so everyone, let's divide it up!
I've never been a stingy person. This time, the team with revenue ratio of the first place will get 5% of its revenue as bonus!
I've given you the chance to be rich. It's up to you to grasp it! "
"Oh, long live the boss!"
"God, boss, I love you!"
。。。。。。
As soon as Andy's incentive plan came out, all the people in the conference room began to shout excitedly with green light in their eyes. Andy laughed and shook his head and turned off the video. Then he picked up the phone and informed badstone, alvette and the team in the footwell. They were equally excited and excited. They shouted that they were the first.
Andy's mouth is cocked up. He has been trained to be full of wolves. Greedy people will bring him a harvest.
The reason why they should be spurred by heavy profits this time is mainly because the foreign exchange market is a 24-hour market. The most obvious difference between it and other trading markets is the continuity in time and the unconstrained in space!
Do not need heavy profit, how can they not waste a second desperately, to make money for themselves?
In the same way, Chongli is also the most effective way to retain talents and cultivate disciples of their own enterprises. Look at mg chase, Mg Stanley, Goldman Sachs...
No matter where they go, they will never forget their origins, and use them as their superior capital, and at the same time, they will always give back to these companies.
Such as Paulson, the current treasury secretary, Bernanke, the chairman of the Federal Reserve, Geithner, the next Treasury Secretary...
The rescue plan proposed by the U.S. government was approved by the house of Representatives yesterday, October 3 afternoon, and officially implemented by the president Xiaofei shoes. But surprisingly, Wall Street, the biggest beneficiary of the government's rescue, suddenly changed its face after the plan was passed, and the three indexes fell hand in hand. Wall Street was able to breathe as the rescue package boots landed, but concerns about the economic outlook caused the stock index to fall. Now the market has become a frightened bird. Andy knows that this is Wall Street's concern that the government's bailout plan is not enough to drag the U.S. economy out of the recession, because the economic data is increasingly not optimistic. The $700 billion investment in the market can only save the skin and not solve the fundamental problems. $seven hundred billion can only deal with the bad debts on the books so far, but incapable of action against the new bad debts that are constantly breaking down in the real estate industry. But anyway, Wall Street ended its "worst week" with only one day of gains in five trading days and 777 points of losses in the worst day. As Andy said before when he faced the media 13, the British will suffer from the economic crisis in the United States, including Europe, if they can't read jokes. This week, the financial crisis spread rapidly to Europe, which also led to a deeper panic in global finance. And Europe does not have a unified fiscal and integrated central bank like the United States that can quickly intervene in markets. As a result, European banks are more likely to go bankrupt and fail due to a lack of capital. In the study, Andy is sitting in front of the computer, having a video conference with his subordinates in the UK, listening to this week's work report, and more importantly, determining the next stage of "strike target". As for "robbing" European financial markets, Andy has no psychological burden. He would like to empty Europe's wealth directly. "Iceland!" After Andy listened to the report, he did not hesitate to set his goal as Iceland, the most familiar national bankruptcy news in his previous life. No matter how small a country is, it is also a country based on the financial industry. What can gather wealth more quickly than robbing a country? "Iceland is a small Nordic country with a population of about 320000 and a total economy of about $19 billion. In the mid-1990s, Iceland's stock market once flourished, stimulating the development of the country's banking industry. The total assets of Iceland's banking sector are nine times the country's total economy. " After Andy's voice fell, a data analyst introduced Iceland's situation to the speed of communication. "Compared with other economic sectors, Iceland's banking industry has expanded excessively and rapidly, which has laid a hidden danger for the current crisis. Under the financial crisis, Iceland's banking institutions have been severely impacted and suffered from a shortage of funds. According to reports, Icelandic residents recently found that they could not withdraw or transfer funds from some of the country's banking institutions, which has caused a lot of panic in the country. In 2007, the GDP was only US $19.37 billion, while the assets of its major banks reached US $128 billion, with a foreign debt of more than 100 billion euros. The current foreign assets used by the Icelandic central bank were only 4 billion euros. All the data show that the three major banking institutions in Iceland have been in serious difficulties. It is only a matter of time before they are taken over by the government. At present, the exchange rate of Icelandic krona against the euro has started to fall sharply. " "How much money can we use?" Andy touched his chin and squinted. "In addition to the 2 billion of which are shorting banks and some businesses in the UK, the previous gains from the gold and foreign exchange markets have made us very well funded, with 3.2 billion available at any time." Andy's mouth is cocked up, his radian is very big, and his smile becomes very bright. Sure enough, he is a financial fan. Only when he hears the increase of money is the happiest thing for him. Although he has seen the fund data from the briefing for a long time, listening to his subordinates' reports will make him laugh uncontrollably. "Concentrate on shorting Icelandic krona. I believe that there are many forces targeting Iceland now. Hedging the exchange rate of Icelandic krona is the most direct and simple way to plunder wealth quickly." Andy said calmly, as for the frantic devaluation of banknotes in the hands of Icelandic people and the soaring prices, it is no longer his consideration. "The exchange rate has plummeted, and the Icelandic government will definitely announce to fix the krona against the euro..." Andy laughs and shakes his head, interrupting his subordinates' worries, and says directly: "general trend! How much money can they give to market? They have no room for resistance at all. In the foreign exchange market, their Icelandic krona will usher in a relentless sell-off. Even if there are other countries to rescue, but hundreds of millions, billions of scale is just adding firewood, they do not save the market, what do we make? They will eventually renounce their support for the Icelandic krona because they are not able to support it. " "Iceland is more like a private investment fund than a government," Andy said, looking intensely at the people sitting in the conference room in the video window. Now, they are the most vulnerable countries. All we have to do is rush in and take everything away! " "I see, boss!" Everyone's face was solemn, and they responded at the same time."This time, it will be a three-way linkage, so everyone, let's divide it up! I've never been a stingy person. This time, the team with revenue ratio of the first place will get 5% of its revenue as bonus! I've given you the chance to be rich. It's up to you to grasp it! " "Oh, long live the boss!" "God, boss, I love you!" As soon as Andy's incentive plan came out, all the people in the conference room began to shout excitedly with green light in their eyes. Andy laughed and shook his head and turned off the video. Then he picked up the phone and informed badstone, alvette and the team in the footwell. They were equally excited and excited. They shouted that they were the first. Andy's mouth is cocked up. He has been trained to be full of wolves. Greedy people will bring him a harvest. The reason why they should be spurred by heavy profits this time is mainly because the foreign exchange market is a 24-hour market. The most obvious difference between it and other trading markets is the continuity in time and the unconstrained in space! Do not need heavy profit, how can they not waste a second desperately, to make money for themselves? In the same way, Chongli is also the most effective way to retain talents and cultivate disciples of their own enterprises. Look at mg chase, Mg Stanley, Goldman Sachs... No matter where they go, they will never forget their origins, and use them as their superior capital, and at the same time, they will always give back to these companies. Such as Paulson, the current treasury secretary, Bernanke, the chairman of the Federal Reserve, Geithner, the next Treasury Secretary...
