American Fortune Life

Chapter 629 Wall Street

When Andy walked into the banquet hall with Ivana, the atmosphere in the hall was very lively. He could not see the pessimism that had spread during the subprime mortgage crisis. The big man in the business world was laughing and the celebrities were traveling. The orchestra plays delightful music in the shadows, ladies and gentlemen. Cocktails are constantly delivered to every corner, and the air is filled with laughter.

CEOs of outstanding businesses in Wall Street interacted face-to-face to discuss outstanding investment projects, whispering who failed in the subprime mortgage crisis. Of course, every invited guest's gaze unwittingly glanced at the little circle of the Fed Ben Bernanke and Treasurer Paulson.

When handsome, tall Andy and gorgeous, xing-inspired Ivana walk into the banquet hall with an elegant smile in her hand, the guests' eyes naturally concentrate on these young, enviable lovers, and Andy's eyes pass, all in goodwill and with a smile on her face and a nod of glasses.

The guests invited tonight were very satisfied and happy, because of their special social status and identity, they could not meet friends as easily as ordinary people, so they used these kinds of parties to expand their social circles and meet more friends, and Andy's dinner was undoubtedly a very rare high-end banquet that covered almost the entire Wall Street.

As the hostess of tonight's dinner, Ivana naturally can't stay with Andy, who needs to entertain all of her guests, while Andy smiles and listens to the flag, and Morgan Stanley and Goldman Sachs' CEOs' demands for the Fed's Bernanke and Treasurer Paulson are nothing more than hoping that the government will come up with a stronger bailout policy.

Ken Lewis, CEO of Bank of America, met Andy for the first time, but as an important customer of Bank of America, naturally wanted Andy to build more personal friendships, while old man Warren Buffett held a glass of wine and listened quietly to the conversation.

And Paulson came up with a clear answer, "The government will never save the city! ”

Everyone's eyes turned to the Fed's Ben Bernanke, but nobody knew where the Fed's loan threshold was. The Fed had been using blood transfusions throughout August to ease the panic that the subprime mortgage crisis had brought to the market. This means of transfusion still played a role, at least now that there is no cliff-like plunge in the U.S. stock market.

Cox, the chairman of the Securities and Exchange Commission (SEC), looked over at the CEOs of several large companies, looked up at Bernanke, raised his hand, drank a sip of cocktail, and said faintly: "Blood transfusion to the market may alleviate panic in the short term, and we at SEC believe it is important to prevent some investors from using short selling mechanisms to manipulate stock prices, limiting some of the actions of investors in selling short stocks of several major mortgage institutions and brokers. ”

His voice dropped, everyone's eyes focused on Andy with a calm smile on his face, several Wall Street giant monsters in attendance were severely slaughtered by Andy, a young and unspeakable young man, and the most bitter of Morgan Stanley was mute to eat Huang Lian, unable to speak out, Citizen, Goldman, Lehman was emptied some time ago, and the stock price was suppressed with Andy Predator's Fund.

The corner of Andy's mouth revealed a ridiculous smile, not caring at all about the SEC Cox idea for a tray, lifting the glass and drinking it up in the eyes of the crowd, smiling with a big white tooth, a faint loop for a week, and saying: “In 1938, the Securities and Exchange Commission promulgated the rules on price increases to prohibit investors from selling falling stocks continuously.

Just this year, the Securities and Exchange Commission repealed this provision, which has been heavily criticized by opponents, including CNBC's famous critic Kramer, as well as by my weekly news magazine and observer magazine, who on more than one occasion stressed that the decision was entirely mesmerized by free-market theorists who have long been eager to abolish this most important trading buffer mechanism. Constantly cautioning that after this rule is repealed, hedge funds can arbitrarily crack down on share prices to the detriment of good companies!

Oh, Mr. Cox, are you telling us to limit our time now? ”

Andy's words make everyone present face to face. They know better than anyone how to repeal this rule. Cox is a little taunted by Andy's exposition. The people present are senior professionals, and they know very well how tired the cats are.

After all, in those years of national ecstasy, calls for deregulation, easing restrictions and even lifting all restraints will be heard in order to reap greater benefits after profits!

Cox, the SEC's chairman, was bragging about this decision at Wall Street, and after the subprime mortgage crisis, he found that repealing it was simply opening Pandora's magic box, after all, and that repealing the rule would prevent stock prices from falling as the empty seller went wild.

“This is just what we at SEC believe can be a powerful remedy for saving the city... ”

“In a sense, government behavior, be it the U.S. Treasury, the Fed, or the SEC, can only slow down the pace of trend development, be it a crazy rise or a fall in despair, and all they can do is slow down, not stop it!” Andy didn't chase hard, after all, he was an invited guest with a smile on his face, and nobody in the room would think of him as a young stunner, because in one of his successes, everyone saw him as a peer of equal standing.

“Excuse me, gentlemen, I need a moment... ”

Andy, with a brilliant smile, apologized to everyone in this small circle, who, as the host, could not be so thin towards the guests. Although they would love to hear his views as a Wall Street genius, they could only helplessly watch Andy turn around and leave, put an empty glass of wine on one waiter's tray, pick up one cocktail and walk to another circle.

“Heard his hedge fund has reached $10 billion? ”

Warren Buffett looked at Paulson, who looked at the face of the interview as if it were water, and smiled softly: "His eyes are now in England. ”

“What an amazing young man!” Morgan Stanley's CEO smiled bitterly and drank the cocktail in his glass.

Goldberg Blankvan of Goldman Sachs also laughed bitterly, "He still refuses to take away CDO vs. Gambling Insurance now, 489 million. He doesn't want to take less than a penny! ”

“He also needs money, understandably.” Ken Lewis, the CEO of Bank of America with a faint smile, said faintly.

Others rolled a white eye at the same time, and both the flag and American bank in attendance made money with Andy, naturally speaking for him.

Greenberg, chairman of AIG Insurance, took a glass of red wine again and smiled. “He's been doing a pretty good job the last month. This time he's focused on the British, no one's got an idea? After all, he has yet to fail. ”

“Don't look at me, we Burkhill don't hedge...” Warren Buffett looked at the colors that were shining in people's eyes and knew that everyone present had not ignored the rise of the speed of light and was watching him.

Andy naturally doesn't know what people are talking about after he leaves, but even if he does, he doesn't care. If these people really follow in their footsteps to harm England, that would be a great thing, so that empty power becomes stronger, so that they can safely push the Brits to the ground and slaughter them.

“Mr. Alexander, you are undoubtedly a respectable and successful team owner, having acquired rockets for $85 million in '93, followed by two championships.” Andy looked in front of him with glasses, thin hair, and the wrinkles on his forehead slowly unfolded as a result of his words.

“Thank you, young man, and I'm honored and happy to have a rocket team for the past 14 years," Alexander seemed determined to sell the team, otherwise he wouldn't be so happy to agree to Andy's request for a team, "and I had an incredible opportunity to see those players and coaches do what they really did, either win the overall championship for the city, be in the best line of all-stars and the NBA, be in the Hall of Fame, or contribute to the team and the fans. ”

Andy looked at Alexander in a general and slightly tired way, presumably annoying to fan reporters and financial pressure, and despite the emotion in his mouth, Andy could see the old man's loss and frustration.