Chapter 985: 985
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"Coach, I'm sorry, I need a call..."
In the VIP terminal of Los Angeles International Airport, Andy said to his old coach, Alexei, with a helpless expression.
"Andy, we're about to board..."
"I know, but I can't. It's Paulson, the US Treasury Secretary..."
Alexei pulled at the corners of his mouth, stretched out his hand and waved it. He watched Andy walk to the bathroom with the phone. The bodyguards behind him couldn't leave, but smiled bitterly.
"Hello, minister."
"Andy, I don't have time to be polite to you. I hope you can stop fighting Bear Stearns. You will let the panic spread further on Wall Street!"
Andy hears Paulson on the phone, with the words of resentment and resentment. He turns his back and says, "I'm sorry, Mr. Minister, what's the matter? You know, I've been preparing for the Olympic trials recently. You see, I'll be boarding soon In my mind, I forgot the name of that country again. Recently, the amount of exercise has been a little high. As for the panic you said, Mr. Minister, please don't say anything about it... "
"Say what you want! As long as it's not too much, I can promise you! "
Andy hears Paulson's direct showdown, and his perfunctory words are choked back. However, he is not a child, and his promises can not be exchanged for his promises.
"Mr. Minister, I really don't understand what you mean. I haven't paid attention to Wall Street recently. Otherwise, I'll call my people and ask them what they are doing."
“…… Andy, no matter what you think, I hope you can take the whole situation into consideration. Bear Stearns can't fall. At least not now. I have contacted mg chase. They will act as intermediaries and cooperate with the Federal Reserve to inject capital into Bear Stearns... "
"Ha ha Mr. Minister, capital injection? Well, even if I don't know what's going on now, don't fool me. Bear Stearns is no longer available. Now you tell me that Mg chase needs to inject capital. Only a fool will believe it. Short term loan? Ha ha, Bear Stearns's current share price... "
“…… US $0, has fallen 47%... "
"Ha ha Cough, I'm sorry, I'm sorry, oh, listen, the airport has informed us to board, huh? Coach, wait a moment. I'll be right here, Mr. Minister. I'm sorry. I'm going to board the plane. In this way, I'll get to know the specific situation in a moment. Here we are What country will call you back later? I'm sorry. After all, it's the Olympic selection. It's a big event that can't be delayed. I'll call you when I get off the plane... "
D the Treasury building on the east side of the White House.
“……”
Paulson's face turned black and tightly clenched the phone in his hand. Listening to the busy tone from inside, he finally smiled bitterly, slowly put the phone back to its original place, and shook his head and smiled bitterly at a group of staff across the desk.
"He refused. He has boarded..."
A group of staff and staff in the office of the finance minister also sighed with solemn faces.
"As expected, he won't stop at this time. He stole $1.5 billion from gold futures, of which $0 billion was used to repay the bank loan for the acquisition of Bloomberg shares, and the remaining $10 billion was used to short Bear Stearns hedge fund.
They've been laying out for a long time, and on Monday, the U.S. stock market began to circulate that Bear Stearns may have a liquidity crisis. The news panicked the market and investors sold off financial stocks.
Bear Stearns had to make a public announcement that day to refute the rumors. EO Schwarz was interviewed by Nb in an attempt to quell any speculation about Bear Stearns.
But the SEC also clarified for bear on Tuesday that it was "confident in the buffer capital of these investment banks.".
But just Tuesday, more and more lenders and customers began to withdraw their funds from Bear Stearns, even though it had stable buffer capital at that time. But now Bear Stearns's excess liquidity is rapidly running out.
At the same time, British newspapers began to trumpet the Bear Stearns crisis, and European banks had to worry and stop trading with Bear Stearns. Some U.S. fixed income and equity traders started doing the same thing on Tuesday, bringing cash from Bear Stearns, fearing it would freeze if it filed for bankruptcy.
On Thursday, the Wall Street Journal reported that companies trading with Bear Stearns were becoming more cautious and that more and more partners were withdrawing funds. Most of Bear Stearns's executives have been on the phone trying to quell rumours that banks are reluctant to trade with them and demand more loans for their mortgages.
Securities firms that used to be willing to accept collateral insisted on using cash, and hedge funds that used Bear Stearns to borrow money began to withdraw cash from their accounts. By 4:0 p.m. on Thursday, Schwartz was convinced that Bear Stearns was in desperate condition and had to turn to the Federal Reserve for help.Today, it's their harvest day. Even if we agreed to his terms, he would not stop. After all, it's a profit worth more than two billion yuan...... "
"Bang!"
Paulson slapped the table hard and said angrily, "this bastard! This will have a huge impact on the entire financial system of the United States. "
“……”
"What else can we do to keep bear's share price from diving!"
“……” Default for the whole field.
"Minister, the overall situation has been determined. We can only watch his staff leave after harvest. Unless mg chase buys Bear Stearns now, it can be contained in the pressure of their huge capital. They use five times of leverage and tens of billions of dollars to impact the stock price. At present, except for a few of the largest funds in the market, no one is their opponent, and these funds All Oh, Bear Stearns is short! "
"All greedy vampires! Damn it, we can't let him go on like this. He's too destructive. Hamilton, tell me, who's their next target? "
"The biggest possibility is Lehman Brothers!"
"What?!" When Paulson heard the answer, he suddenly got up from his chair and stared at the man who gave him the answer. He couldn't imagine what kind of panic would happen on wall street if Lehman were also short by Andy.
"Andy Smith is very good at layout ahead of time, and his think tank regards this boss's preference as their work feature. After they choose their targets, they will spend a few months to disperse funds to enter the layout ahead of time. After the layout is completed, they will create market panic and release all kinds of news. The most headache is that the news is true Although there is a small part of personal leave, it is the most deadly poison, which makes it impossible to distinguish the truth from the false.
Then, they will use huge capital flow to hedge, and their successful experience again and again makes many hedge funds follow them to pick up the bargain.
It's like this time, more than 80 billion dollars have been shorting Bear Stearns. Even if they buy two Bear Stearns companies, they still have surplus, but they control the rhythm very well, and will never kill them. What they want is to slowly cut the meat and wait for Bear Stearns to ask for help.
That is to say, no matter how much money we lend Bear Stearns, in the end, most of it will fall into Andy Smith's pocket... "
"No, he can't go on doing it! Give me an appointment with old Smith, Otton Smith, and hold a press conference. I want to... "
"Dong Dong"
"minister, Bear Stearns's stock has plummeted by 5%..."
"Shetter! Do it now! " Paulson's face took a puff. The whole face turned black. He waved and growled, "this greedy shark must be stopped!"
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"Coach, I'm sorry, I need a call..."
In the VIP terminal of Los Angeles International Airport, Andy said to his old coach, Alexei, with a helpless expression.
"Andy, we're about to board..."
"I know, but I can't. It's Paulson, the US Treasury Secretary..."
Alexei pulled at the corners of his mouth, stretched out his hand and waved it. He watched Andy walk to the bathroom with the phone. The bodyguards behind him couldn't leave, but smiled bitterly.
"Hello, minister."
"Andy, I don't have time to be polite to you. I hope you can stop fighting Bear Stearns. You will let the panic spread further on Wall Street!"
Andy hears Paulson on the phone, with the words of resentment and resentment. He turns his back and says, "I'm sorry, Mr. Minister, what's the matter? You know, I've been preparing for the Olympic trials recently. You see, I'll be boarding soon In my mind, I forgot the name of that country again. Recently, the amount of exercise has been a little high. As for the panic you said, Mr. Minister, please don't say anything about it... "
"Say what you want! As long as it's not too much, I can promise you! "
Andy hears Paulson's direct showdown, and his perfunctory words are choked back. However, he is not a child, and his promises can not be exchanged for his promises.
"Mr. Minister, I really don't understand what you mean. I haven't paid attention to Wall Street recently. Otherwise, I'll call my people and ask them what they are doing."
“…… Andy, no matter what you think, I hope you can take the whole situation into consideration. Bear Stearns can't fall. At least not now. I have contacted mg chase. They will act as intermediaries and cooperate with the Federal Reserve to inject capital into Bear Stearns... "
"Ha ha Mr. Minister, capital injection? Well, even if I don't know what's going on now, don't fool me. Bear Stearns is no longer available. Now you tell me that Mg chase needs to inject capital. Only a fool will believe it. Short term loan? Ha ha, Bear Stearns's current share price... "
“…… US $0, has fallen 47%... "
"Ha ha Cough, I'm sorry, I'm sorry, oh, listen, the airport has informed us to board, huh? Coach, wait a moment. I'll be right here, Mr. Minister. I'm sorry. I'm going to board the plane. In this way, I'll get to know the specific situation in a moment. Here we are What country will call you back later? I'm sorry. After all, it's the Olympic selection. It's a big event that can't be delayed. I'll call you when I get off the plane... "
D the Treasury building on the east side of the White House.
“……”
Paulson's face turned black and tightly clenched the phone in his hand. Listening to the busy tone from inside, he finally smiled bitterly, slowly put the phone back to its original place, and shook his head and smiled bitterly at a group of staff across the desk.
"He refused. He has boarded..."
A group of staff and staff in the office of the finance minister also sighed with solemn faces.
"As expected, he won't stop at this time. He stole $1.5 billion from gold futures, of which $0 billion was used to repay the bank loan for the acquisition of Bloomberg shares, and the remaining $10 billion was used to short Bear Stearns hedge fund.
They've been laying out for a long time, and on Monday, the U.S. stock market began to circulate that Bear Stearns may have a liquidity crisis. The news panicked the market and investors sold off financial stocks.
Bear Stearns had to make a public announcement that day to refute the rumors. EO Schwarz was interviewed by Nb in an attempt to quell any speculation about Bear Stearns.
But the SEC also clarified for bear on Tuesday that it was "confident in the buffer capital of these investment banks.".
But just Tuesday, more and more lenders and customers began to withdraw their funds from Bear Stearns, even though it had stable buffer capital at that time. But now Bear Stearns's excess liquidity is rapidly running out.
At the same time, British newspapers began to trumpet the Bear Stearns crisis, and European banks had to worry and stop trading with Bear Stearns. Some U.S. fixed income and equity traders started doing the same thing on Tuesday, bringing cash from Bear Stearns, fearing it would freeze if it filed for bankruptcy.
On Thursday, the Wall Street Journal reported that companies trading with Bear Stearns were becoming more cautious and that more and more partners were withdrawing funds. Most of Bear Stearns's executives have been on the phone trying to quell rumours that banks are reluctant to trade with them and demand more loans for their mortgages.
Securities firms that used to be willing to accept collateral insisted on using cash, and hedge funds that used Bear Stearns to borrow money began to withdraw cash from their accounts. By 4:0 p.m. on Thursday, Schwartz was convinced that Bear Stearns was in desperate condition and had to turn to the Federal Reserve for help.Today, it's their harvest day. Even if we agreed to his terms, he would not stop. After all, it's a profit worth more than two billion yuan...... "
"Bang!"
Paulson slapped the table hard and said angrily, "this bastard! This will have a huge impact on the entire financial system of the United States. "
“……”
"What else can we do to keep bear's share price from diving!"
“……” Default for the whole field.
"Minister, the overall situation has been determined. We can only watch his staff leave after harvest. Unless mg chase buys Bear Stearns now, it can be contained in the pressure of their huge capital. They use five times of leverage and tens of billions of dollars to impact the stock price. At present, except for a few of the largest funds in the market, no one is their opponent, and these funds All Oh, Bear Stearns is short! "
"All greedy vampires! Damn it, we can't let him go on like this. He's too destructive. Hamilton, tell me, who's their next target? "
"The biggest possibility is Lehman Brothers!"
"What?!" When Paulson heard the answer, he suddenly got up from his chair and stared at the man who gave him the answer. He couldn't imagine what kind of panic would happen on wall street if Lehman were also short by Andy.
"Andy Smith is very good at layout ahead of time, and his think tank regards this boss's preference as their work feature. After they choose their targets, they will spend a few months to disperse funds to enter the layout ahead of time. After the layout is completed, they will create market panic and release all kinds of news. The most headache is that the news is true Although there is a small part of personal leave, it is the most deadly poison, which makes it impossible to distinguish the truth from the false.
Then, they will use huge capital flow to hedge, and their successful experience again and again makes many hedge funds follow them to pick up the bargain.
It's like this time, more than 80 billion dollars have been shorting Bear Stearns. Even if they buy two Bear Stearns companies, they still have surplus, but they control the rhythm very well, and will never kill them. What they want is to slowly cut the meat and wait for Bear Stearns to ask for help.
That is to say, no matter how much money we lend Bear Stearns, in the end, most of it will fall into Andy Smith's pocket... "
"No, he can't go on doing it! Give me an appointment with old Smith, Otton Smith, and hold a press conference. I want to... "
"Dong Dong"
"minister, Bear Stearns's stock has plummeted by 5%..."
"Shetter! Do it now! " Paulson's face took a puff. The whole face turned black. He waved and growled, "this greedy shark must be stopped!"
"Coach, I'm sorry, I need a call..." In the VIP terminal of Los Angeles International Airport, Andy said to his old coach, Alexei, with a helpless expression. "Andy, we're about to board..." "I know, but I can't. It's Paulson, the US Treasury Secretary..." Alexei pulled at the corners of his mouth, stretched out his hand and waved it. He watched Andy walk to the bathroom with the phone. The bodyguards behind him couldn't leave, but smiled bitterly. "Hello, minister." "Andy, I don't have time to be polite to you. I hope you can stop fighting Bear Stearns. You will let the panic spread further on Wall Street!" Andy hears Paulson on the phone, with the words of resentment and resentment. He turns his back and says, "I'm sorry, Mr. Minister, what's the matter? You know, I've been preparing for the Olympic trials recently. You see, I'll be boarding soon In my mind, I forgot the name of that country again. Recently, the amount of exercise has been a little high. As for the panic you said, Mr. Minister, please don't say anything about it... " "Say what you want! As long as it's not too much, I can promise you! " Andy hears Paulson's direct showdown, and his perfunctory words are choked back. However, he is not a child, and his promises can not be exchanged for his promises. "Mr. Minister, I really don't understand what you mean. I haven't paid attention to Wall Street recently. Otherwise, I'll call my people and ask them what they are doing." Andy, no matter what you think, I hope you can take the whole situation into consideration. Bear Stearns can't fall. At least not now. I have contacted mg chase. They will act as intermediaries and cooperate with the Federal Reserve to inject capital into Bear Stearns... " "Ha ha Mr. Minister, capital injection? Well, even if I don't know what's going on now, don't fool me. Bear Stearns is no longer available. Now you tell me that Mg chase needs to inject capital. Only a fool will believe it. Short term loan? Ha ha, Bear Stearns's current share price... " US $0, has fallen 47%... " "Ha ha Cough, I'm sorry, I'm sorry, oh, listen, the airport has informed us to board, huh? Coach, wait a moment. I'll be right here, Mr. Minister. I'm sorry. I'm going to board the plane. In this way, I'll get to know the specific situation in a moment. Here we are What country will call you back later? I'm sorry. After all, it's the Olympic selection. It's a big event that can't be delayed. I'll call you when I get off the plane... " D the Treasury building on the east side of the White House. Paulson's face turned black and tightly clenched the phone in his hand. Listening to the busy tone from inside, he finally smiled bitterly, slowly put the phone back to its original place, and shook his head and smiled bitterly at a group of staff across the desk. "He refused. He has boarded..." A group of staff and staff in the office of the finance minister also sighed with solemn faces. "As expected, he won't stop at this time. He stole $1.5 billion from gold futures, of which $0 billion was used to repay the bank loan for the acquisition of Bloomberg shares, and the remaining $10 billion was used to short Bear Stearns hedge fund. They've been laying out for a long time, and on Monday, the U.S. stock market began to circulate that Bear Stearns may have a liquidity crisis. The news panicked the market and investors sold off financial stocks. Bear Stearns had to make a public announcement that day to refute the rumors. EO Schwarz was interviewed by Nb in an attempt to quell any speculation about Bear Stearns. But the SEC also clarified for bear on Tuesday that it was "confident in the buffer capital of these investment banks.". But just Tuesday, more and more lenders and customers began to withdraw their funds from Bear Stearns, even though it had stable buffer capital at that time. But now Bear Stearns's excess liquidity is rapidly running out. At the same time, British newspapers began to trumpet the Bear Stearns crisis, and European banks had to worry and stop trading with Bear Stearns. Some U.S. fixed income and equity traders started doing the same thing on Tuesday, bringing cash from Bear Stearns, fearing it would freeze if it filed for bankruptcy. On Thursday, the Wall Street Journal reported that companies trading with Bear Stearns were becoming more cautious and that more and more partners were withdrawing funds. Most of Bear Stearns's executives have been on the phone trying to quell rumours that banks are reluctant to trade with them and demand more loans for their mortgages. Securities firms that used to be willing to accept collateral insisted on using cash, and hedge funds that used Bear Stearns to borrow money began to withdraw cash from their accounts. By 4:0 p.m. on Thursday, Schwartz was convinced that Bear Stearns was in desperate condition and had to turn to the Federal Reserve for help.Today, it's their harvest day. Even if we agreed to his terms, he would not stop. After all, it's a profit worth more than two billion yuan...... " "Bang!" Paulson slapped the table hard and said angrily, "this bastard! This will have a huge impact on the entire financial system of the United States. " "What else can we do to keep bear's share price from diving!" Default for the whole field. "Minister, the overall situation has been determined. We can only watch his staff leave after harvest. Unless mg chase buys Bear Stearns now, it can be contained in the pressure of their huge capital. They use five times of leverage and tens of billions of dollars to impact the stock price. At present, except for a few of the largest funds in the market, no one is their opponent, and these funds All Oh, Bear Stearns is short! " "All greedy vampires! Damn it, we can't let him go on like this. He's too destructive. Hamilton, tell me, who's their next target? " "The biggest possibility is Lehman Brothers!" "What?!" When Paulson heard the answer, he suddenly got up from his chair and stared at the man who gave him the answer. He couldn't imagine what kind of panic would happen on wall street if Lehman were also short by Andy. "Andy Smith is very good at layout ahead of time, and his think tank regards this boss's preference as their work feature. After they choose their targets, they will spend a few months to disperse funds to enter the layout ahead of time. After the layout is completed, they will create market panic and release all kinds of news. The most headache is that the news is true Although there is a small part of personal leave, it is the most deadly poison, which makes it impossible to distinguish the truth from the false. Then, they will use huge capital flow to hedge, and their successful experience again and again makes many hedge funds follow them to pick up the bargain. It's like this time, more than 80 billion dollars have been shorting Bear Stearns. Even if they buy two Bear Stearns companies, they still have surplus, but they control the rhythm very well, and will never kill them. What they want is to slowly cut the meat and wait for Bear Stearns to ask for help. That is to say, no matter how much money we lend Bear Stearns, in the end, most of it will fall into Andy Smith's pocket... " "No, he can't go on doing it! Give me an appointment with old Smith, Otton Smith, and hold a press conference. I want to... " "Dong Dong" "minister, Bear Stearns's stock has plummeted by 5%..." "Shetter! Do it now! " Paulson's face took a puff. The whole face turned black. He waved and growled, "this greedy shark must be stopped!"
