American Fortune Life

Chapter 456: Hunting Four Billion (Medium) Crazy Countervailing

Andy didn't know about his presence and involvement, and he deflected a lot of things, and even if he did, he would just say, "None of my business!"

When Andy was overwhelmingly satisfied with tonight's harvest and brought home his xing girlfriend to play a pop joy game, he didn't know that he was expecting a subprime mortgage crisis because of huge profits.

Instead, the United States Government and the Federal Reserve are trying to avert risks and mitigate the timing of the subprime mortgage crisis so that they have sufficient time to cope with or unleash the tremendous impact and harm of the subprime mortgage crisis.

When the negotiations in Amor had just begun, less than two days later, Thursday, 31 May 2007.

Andy looked at Paulson's honest bullshit on TV, sinking in water.

“The United States Government is closely monitoring the subprime mortgage crisis, believing that the current situation remains manageable and that the United States economy as a whole will not be dragged down.

The cooling of the United States real estate market, while causing some losses to the subprime mortgage market, will not undermine the overall economic development of the United States. ”

In an interview with United States television, Paulson also said that the real estate market in the United States was undergoing major adjustments and it was still too early to judge whether the market was bottom line. He also stressed that it was not surprising that there were problems in the subprime mortgage market, which were largely manageable, as a result of falling housing prices.

On the issue of falling stock markets, Paulson said, "I continue to believe that the U.S. economy is healthy”. He noted that export growth in the United States continued to outpace import growth, consumers continued to consume and inflation was under control, and that the United States economy was currently growing at a "sustainable rate”.

In addition, Lehman Brothers Holdings' strategist points out that the amount of bad debts on mortgage default in the United States is likely to climb to $225 billion over the next two years, but this is not enough to drag the United States economy.

Andy stood in the living room with a cold smile on his face, watching Paulson talk nonsense with his eyes open, Ivana holding Andy from behind her back with concern, and putting her face on his back.

“Oh, don't worry, there will be ripples, but the big picture won't change at all, and some people will end up paying a heavy price! ”

However, to boost the United States economy, half an hour before the opening of the stock market, the United States Federal Reserve Board announced that short-term interest rates remained unchanged at 5.25 per cent, pushing up the Wall Street stock market dramatically.

“Massachusetts officials said they had asked UBS Securities and Belsden for documentation on their research and analysis of subprime mortgage lending institutions, including new century finance.

Barney Frank, Chairman of the United States House Financial Services Committee, said he planned to introduce a bill to limit overly risky mortgages in the event of problems in the subprime mortgage market.

But the Democrat also said he did not believe that the problems in the subprime mortgage market posed a widespread threat to the United States banking system. Officials in charge of financial markets in the United States Department of the Treasury similarly said that the crisis in the subprime mortgage market would not spread.

“We are watching closely. We consider the overall capital market, including the overall mortgage market, to be performing fairly well. The official told the media that" the Government will continue to follow and assess the market situation. ”

Members of the Senate Finance Committee said Congress might be concerned about the risks faced by large banks investing in subprime mortgages and whether the current situation was properly reflected in stock prices.

The PMI Group, a mortgage insurance company, stated that the area of family finance had grown too fast in recent years and that many lending institutions were willing to ignore applicants' poor credit records.

“We have long stated that the market is underestimating risks. We believe that the risks in this area are higher than some might think.” PMI Insurance Spokesperson said. ”

In the office, Andy leaned against the boss's chair, holding down his constantly beating temple, wind and cloud shifts, and appearing for two days in a row with all kinds of characters, propagating all kinds of economic boost lies, trying to cover up the risk of a subprime crisis.

Countervailing is not necessary, he can also feel the emotional and spiritual changes of the employees of Free City Investment Corporation and Gaia Corporation these past two days, a look of great concern for the future of the company and their own future, because they are no longer confident in the work they have been trying for several months.

“Boss... ”

Andy opened his eyes slightly, revealing a chill, frowned and cowardly, slightly shrinking his neck, little assistant Tory Black.

I couldn't help but laugh at the look of her airbag. To be honest, he was in a terrible mood for two days. He said not to worry, full of confidence. That was bullshit. He didn't know what was going to happen until the last minute.

After all, he is an individual, not a god, and emotional fluctuations and external stimuli affect him, which is a huge gamble for all of his family.

I saw a smile on the shady face of the Great Demon King, and Tory Blake was relieved, "Mr. Stone, wait outside to see you. ”

“Let him in and get me a caramel macchiato... ”

The assistant saw the Great Demon King regain his old tone and look, and he became happy, nodding his head and walking out of the office with his little ass twisted.

Soon Budderstone walked in and smiled with a bitter smile on his face and said to Andy: "There's been another fight, I can't stand the atmosphere inside, I really admire Al's mouth. ”

“What, Tama's people still want to push the price, just like yesterday? Didn't they scream and stop talking? Look at these two days, they've got a lot of buzzing going on in the big media, and I thought they'd be slapping their asses off! ”

Andy was upset because the government and the Fed were dying and knew what was going to happen, but he could only watch these clowns cheat, hide, weave lies, and influence his plans one time at a time.

“Ha ~” Budstone's face showed a ridiculous laugh, "They wanted to slap their asses off, but they knew more about the real situation than anyone else, and the Wall Street high-ranking group was aware of the crisis and tightened their wallets. Their sudden turnaround was undoubtedly market manipulation, trying to cash in as much as possible and reduce losses before the crisis completely broke out!

And, boss, don't forget the real identity of Treasurer Paulson. Although he gave up his highly paid position as CEO of Goldman Sachs at Investment Bank and sold all his holdings of Goldman Sachs, his Goldman Sachs genes will not change at all. ”

“The time to pull the trigger is always much less than the time to wait. Prey doesn't want to fall off the net.” Andy said with emotion, in fact, he didn't say one more thing, which is that it was this pain that only he could really feel if he was there!

“Since they are not afraid of dragging, then drag them down until the cover cannot be covered and the turning point appears, and there will be no choice for Big Mo, and they will have to accept all our demands.” Budstone said, smiling and picking up the coffee from Tory Black.

“Are they still uncompromising on convertible preferred shares?” Andy beautifully enjoys the caramelized Macchiato coffee in the cup, he still likes sweet coffee, too bitter to bear, but Old America still prefers bitter coffee.

“They think we're opening too tight a $1 billion preferred stock, they're unacceptable, and they're trying to limit the time range of our preferred stock, and Al is hanging out with them.

Oh, their negotiating team, apparently because of the two days of changes in the market and the endorsement of the market by various big personalities, has increased their momentum a lot, using the big environment to start putting pressure on us, but they also know that hopes are slim, but the amount of preferred shares has been stuck at 500 million, and they are not loose at all, which seems to be their bottom line. ”

Andy listens to Budstone's analysis, puts down the coffee in his hand, touches his chin, squints his eyes, thinks, "What's their market value now? ”

“Around 50 billion or so, the preferred shares given to us are also calculated at a value of one percent, but the future will surely fall dramatically, which will drastically shrink the benefits if a time frame is set for cash. ”

Andy nodded in silence, stood up from the boss's chair, tightened his tie a little loose, ignored his curly shirt sleeves, and said to Budstone: "Go, go to the conference room, I have no patience to get involved with them all the time, and the plan to follow doesn't allow us to waste any more time on them! ”