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American Fortune Life - Chapter 1615

Published at 7th of November 2021 07:59:07 AM


Chapter 1615: 1615

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Although the U.S. economic stimulus plan and the new financial rescue plan have issued detailed rules in succession under the game and off, the uncertainty about the measures to rescue the banking industry has led investors to start selling financial stocks around 10:30 a.m. driven by financial stocks, the three major stock indexes of New York stock market plummeted.

Andy, who left his small waist at home to perform his duties as chairman of Qualcomm headquarters, watched US Treasury Secretary Geithner announce a new financial rescue plan on TV.

“。。。 It aims to stabilize the financial market by solving the problem of "toxic assets" of financial institutions.

The government and the private sector will work together to set up investment funds to help clean up the "toxic assets" of the banking system. The fund starts at $500 billion and could eventually grow to $1 trillion. "

"Ha ha, how shameful this is. When the front foot announces the financial rescue plan, the back foot financial stocks plummet. Tut..." Make complaints about

's feet on his desk, Andy, lying idly in his boss's chair, tossing football in the air, automatic speaking to himself with a smile on his lips.

"Dong Dong --"

"boss, Mr. Vitelli, Mr. bardstone are online..."

"Well."

Andy catches the fallen rugby, puts down his feet, puts the rugby on the table aside, and says to the little assistant who is wearing a white tight shirt with golden bright edges, a black knee length skirt with Tun, and is extremely sexy: "make me a latte."

"All right, boss."

Andy can't help shaking his head and laughing at the curvaceous figure of his assistant walking in the catwalk. However, he is still very happy with the women around him competing for his favor. After all, he can enjoy the gentle countryside that makes him feel comfortable at any time.

"Good morning, boss." X2

as soon as the video is connected, Al and bardstone say hello in turn.

"Good morning."

Andy smiled and nodded. "Al, is the latest economic report out?"

"Now, the latest data shows that from consumption to investment, from manufacturing to services, from financial markets to housing markets, all aspects of the U.S. economy are showing signs of further deterioration. It is particularly worrying that the unemployment rate in the United States reached its highest level in the past 26 years in January, and it continues to rise. People's livelihood problems are becoming more and more serious. If we continue to develop, social conflicts may break out. "

With the increasing number of unemployed people, the number of homeless people and the widening gap between the rich and the poor, it will be sooner or later for the grumpy American people to make trouble, said Al with a dignified face.

Andy nodded his head in deep thought. Naturally, he knew how accurate the conclusion was based on the logic of data analysis. "Occupy Wall Street" is a big outbreak of conflict, even a bloody conflict.

Benjamin Franklin said, "if money can't buy happiness, at least we can stop the poor from robbing us."

However, Andy doesn't want his image to be damaged, especially when his bank, Yingtai bank, constantly triggers compensation agreements and confiscates properties that can't be repaid, which has triggered some bad doubts.

He doesn't want to see his big picture crossed in the demonstration crowd when occupy Wall Street breaks out, and his mansion surrounded and reviled by the protesters, which will have a great negative impact on him.

People are like this. When the wealth is accumulated to a certain extent, they not only want to be rich, but also want to have a good reputation, status and social recognition.

“。。。 According to the conclusion of the analysis, the economic crisis has reached its peak. In the next month, the U.S. economy will be the most difficult period.

A series of negative corporate news added to the pressure on the market. UBS announced a $7 billion loss in the fourth quarter and plans to cut another 2200 employees.

RBS announced it would cut up to 2300 jobs in the UK.

GM plans to cut costs by cutting 10000 salaried employees around the world.

Boeing's restated results show its fourth quarter loss expanded, while its full year 2008 profit narrowed.

The only good news is that Barclays shares have risen 12% in 2008, when it announced that its 2008 profit was only 1% lower than last year's, offset by gains from its acquisition of Lehman Brothers' US unit from its boss.

By the way, gold futures for April delivery on the New York Mercantile Exchange rose $21.40, or $954.2 an ounce

A series of data mentioned by alvette bring Andy back to reality.

"Ha ha, I finally heard two good news. It seems to be a very wise choice to buy shares in Barclays Bank!"

Andy has been prepared for the soaring price of gold for a long time. Let alone the current price. It's only a matter of time to break through $1000 again. Instead, it's better to make him happy by hollowing out the money Barclays Bank makes him happy."Now that the most difficult period of the economy has come, bud, it's almost time for us to close our hands. We've been dormant for some time. Except for short-term trading, all other short-term positions should be closed. We should save our strength and prepare to sell US stocks!"

The last opportunity to make money in the subprime mortgage crisis is the U.S. stocks whose bottom has fallen to the basement. It's also the best time for Andy Smith to become "a patriot in the hearts of the American people" by rallying his arms to save the U.S. economy.

Warren Buffett.

Thinking of that old guy, Andy can't help laughing. His article "I'm buying American stocks" looks more like a "respectable joke" at this time. It not only makes him lose a lot, but also makes his followers lose their lives, and makes the reputation that was revered by the market suffer a huge blow.

This time, as long as the rhythm is well grasped, it will become his Andy Smith's fiendish battle. Once everything goes well, he will become a hero and a new idol in the financial industry!

Of course, it's too early to think about it now. After all, there is still a month to go. Now, he has a problem to solve.

That is to go to Washington to be questioned by members of Congress, and eight other financial giants to accept the "approval of the dau meeting", so as to relieve the anger of the American people.

However, Andy Smith will not be the target of questioning, ridiculing, and venting anger of those who can only play with their mouths!

If you want to step on his face, you should be ready to be slapped!

"Are all the information for the hearing ready?"

"All the financial reports are ready. The hearing will be presided over by frank, chairman of the U.S. Financial Services Commission. Paul kenzeski, a member of the donkey party from Pennsylvania, and Paul kenzeski, a member of the donkey party from California..."

Listen to almost all the hearings made up of donkey party members, Andy can't help sneering, this is the donkey Party's calculation after autumn! It should also be a counterattack by the target party against the new president's economic rescue plan.

"Have all the members' information been investigated?"

When he heard the sneer from the boss, alvertriel could not help shaking his head and grinning bitterly: "boss, it's just a hearing and acting. There's no need to get tit for tat. No matter what they say, they can't change anything. Money, they can't go back."

"I know. I just don't want to get used to their stinking problems. If I want to show off by stepping on me, don't blame me for slapping my face and picking off their fake face!"

Andy grinned, showing his white teeth.

Al shrugged helplessly and said: "after the information of each member, there is a trump card for counterattack. However, boss, if there is no need..."

"Well, I understand that I will not make enemies around at will in case of any emergency. Well, I'll fly to Washington tonight, and you'll be ready to join us in Washington. "

Andy waves his hand and stops al's persuasion. Because the hearing will be broadcast live, he doesn't want to be really humiliated by those assholes. He's not the other eight financial institutions. He can't tell where the rescue funds are. He's full of morale!




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