American Fortune Life

Chapter 410: Black Monday in the Face

Upper East Side of Manhattan, New York.

Ivana was dressed in a white bathrobe with long slightly wet blonde hair, a long white leg tray with knees sitting on a soft, wide sofa, holding a four-open newspaper with both hands, and shining the bright sunshine on her through the floor-to-ceiling window, making this morning as cozy and relaxing as possible.

Andy was wearing a bathrobe, a white towel around his neck, wiping his wet hair in his hand, walked up to her and sat down, probed the newspaper, and found out it was the inaugural issue of his newspaper, “Honey, what do you think of the newspaper? ”

“Um... Not bad, just the headlines on the front page are a little creepy, especially today, I think a lot of people would feel like fake news. My dad had a great interview, and he would definitely show off again, after all, with Mr. President and so many celebrities in the inaugural issue of a daily newspaper. ”

Ivana showed Andy the newspaper with her father's picture, smiling happily.

Andy shrugged, "The news of the real estate bubble rupture that you chose to publish today in the Founding Issue is thoughtful, and perhaps some people don't think so, and some people may be aware of it long ago, no matter what, tomorrow morning, you'll wake up and you'll see that the whole world has changed. ”

Ivana looked slightly confused at her boyfriend's handsome, slightly indifferent face, and looked down at the headlines of the newspaper in her eyes. Her pupils shrunk, she turned her torso violently, and she grabbed Andy's arm with her hand. “Is something big going to happen tomorrow? ”

Andy lowered his head and looked at the front of the bathrobe wide open. A white, round, arrogant peak mirrored the curtain. He couldn't help but smash his lower lip and spread his hands out, saying: "The collapsed dominoes will welcome the first key node, after... ”

Ivana looked at her boyfriend's flat face, "Imagine for yourself," and smiled bitterly, "How do I feel about you wanting real estate to crash like... Wait, you're not buying CDO insurance, are you? ”

Andy's eyes turned into moon teeth and reached out to pinch her pink cheeks. “What a smart woman," he said. ”

“Humph! No wonder the real estate collapse always looks like nothing else. Our group is going to suffer huge losses... How much did you buy?” Ivana pounded her red lips and snorted coldly, one flipping over Andy's legs, stretching out her jade hand and squeezing Andy's cheeks so hard that his face changed shape.

“Ooh, all... Value, billions...” Andy got a call just in the morning from Alvitelli, and the latest news is that the New Century Finance Corporation has been forced to pay $17.4 billion this morning on Wall Street, and if it wasn't a weekend and the government didn't work, today would be the day they announced their claim for bankruptcy protection, but it looks like it's going to be too late for tomorrow.

“What? God...” Ivana's eyes were wide open, her mouth wide open and she looked at Andy, deformed by her own squeezed face, as if she was stuck in general and solidified on the spot.

Grunting.

Ivana unbelievably swallowed her mouth, her lips trembling slightly and mumbling: "Crazy... Honey, are you crazy? Do vacant mortgage securities... ”

It seemed to react, the real estate bubble burst and the bonds turned into rubbish, seeing Andy squeeze his own eyes, pick his eyebrows, and scream loudly in the living room.

“God, oh, God, oh...” Ivana was ecstatic, shouting at God and kissing Andy with his face.

“This is crazy, honey. This is crazy! Oh, my God, my God...” Ivana's face was discolored, her face flushed and excited, holding Andy's face tight in her arms, almost suffocating Andy with her arrogant upper circle.

Ivana is not a financial whitewasher, she graduated from Wharton Business School, she doesn't speak very professionally about finance, but she is also quite familiar with it. She knows exactly what Andy's luxury gambling stands for, and how many times, or even a dozen times the profits make her a rich woman who can't calm down. It's a billion dollar luxury gambling, and she feels like she's going fast ~! CHAO up.

“Honey, take me back to bed... ”

Andy looked at Ivana, full of chun water, and did not hesitate to pick up her tun, and stood up from the couch, smiling softly: "You little sao... ”

The bedroom door closed again, and Andy laughed out, “Shh, this is how SHI... ”

No wonder people say that power and money are the best combustion aids, and even people like Ivana, born with a golden spoon, can't face billions of dollars in wealth.

Andy and Ivana, who have begun to look forward to the real estate collapse as soon as possible, have been ashamed all day to have a world of two of you with me and you with me.

The outside world does not seem to have caused much trouble because of the coverage in the new newspaper World Observer, although some people who are aware of the internal situation and perceive the real estate crisis have begun to purposefully validate some of the data in the report.

As for the US real estate agents in the heart of the storm, they were listening to the threat with a foot curse and borrowing money to ease their plight.

After all, of course, it is a new newspaper, with less than a little bit of authority and influence.

Until the early morning of Monday, 2 April, when people were getting up early to start a new week of busy work as the Iron and Steel Metropolitan awakened, The New York Observer weekly, subscribed to by New York and surrounding cities, and Newsweek, with 4 million subscriptions, reached thousands of households.

Readers are attracted to the cold black cover and trial-like headlines.

This morning at the dining table, everyone frowned strangely, worried, haze covered their hearts.

“Domino Bones Starting to Collapse - In-depth coverage of the US real estate bubble. - Newsweek”

“Broken bubbles, real estate dying before the end of the day!" The New York Observer. "

It seems that the bright sunshine over New York did not bring good mood this spring morning, but rather made the deep apprehension and happiness more evident in the faces of many.

The two weekly stories, which are not comparable to the new newspapers, a lot of data, analysis by industry people, bush bushes everywhere, people going to empty Xiaoso photos, all convey a message to readers that real estate in the United States is a problem, and it's a big problem.

Readers who have houses in their hands that are paying off their loans have already felt bitter because of the rapidly rising interest rates on loans over a year and a half.

People who fired houses could not sell squeezed properties long ago. Earned money from speculation had long paid down payments on other properties, and numerous bank reminders made it difficult for them to face them.

Dancers have long since moved away from their new homes and returned to the stage, and people who had previously been able to buy loans have long fled new houses that were constantly able to receive their cash invoices and are back on the streets, while more low-paying people with dreams have broken their dreams and become homeless.

No pictures, no truth!

Vacant new residential neighborhoods, with only homeless people and stray dogs, are ghost towns, filled with bank-owned wooden plaques for sale. Green algae bush swimming pools, even crocodile outdoor swimming pools, wastegrass bush lawns and gardens...

There is nothing wrong with showing everyone the fact that the real estate boom that has lasted for years is over!

Of course, there are always people who are unwilling to lose, people who don't want to face reality are never lacking, Andy smiles and watches the real estate experts invited by the major TV stations amplify their rhetoric on TV, still advocating that there has never been a collapse of American real estate, only a short-term adjustment cloud of the market.

Moreover, the spearhead was targeted at two weekly magazines, targeting Andy, alarming, irresponsible clouds, and someone took out Andy's namesake fund company to do the empty CDS thing, attacking Andy with bad intentions.

At 10 a.m. New York time, all news shows received breaking news spots as the drama became more and more lively and the smell of gunpowder grew on television.

“According to just received information, the second largest subprime mortgage company in the United States - New Century Finance - announced on 2 April 2007 its application for bankruptcy protection and decided to cut its staff by 54 per cent because it was unable to pay its debts on time. ”

It was like a duck that was strangled so hard, the previous gaggling was more pale and powerless, an expert stared at the lens, looked frightened, blushed, the dead duck's mouth was stiff open, which meant he couldn't say a word.