American Fortune Life

“Coach, I'm sorry, I need to take a call... ”

Andy looked helpless in the VIP lounge at LAX and said to old coach Alexei, who was a little helpless.

“Andy, we're about to board... ”

“I know, but there's no way, it's U.S. Treasurer Paulson on the phone... ”

Alik Xie pulled the corner of her mouth, stretched her hand and swayed, watched Andy walk to the bathroom with his phone, and the guards behind him couldn't help but laugh.

“Hello, Minister. ”

“Andy, I don't have time to talk to you. I hope you can stop the repression of Belleston. You'll make the panic spread further on Wall Street! ”

Andy heard Paulson on the phone, whispering in a whisper, "Excuse me, Mr. Secretary, is something wrong? You know, I've been preparing for the Olympic tryouts lately, and you see, I'm about to board... Looking at my mind, I forgot the name of that country again, there has been a bit of movement lately, and as for your panic, Mr. Minister, you can't talk nonsense... ”

“Say what you want! As long as it's not too much, I promise! ”

Andy hears Paulson playing cards directly, and he goes back to his mouth, but he's not a kid, and promises to come out of mouth can't be exchanged for his promises.

“Mr. Minister, I really don't understand what you're saying. I haven't been following Wall Street lately, so why don't I call my people and ask them what they're doing? ”

“ Andy, whatever you think, I want you to look at the big picture, and Belleston can't go down, at least not now, and I've contacted Chase MG, and they're going to act as intermediaries, working with the Fed, to fund Belleston... ”

“Ha ha... Mr. Secretary, the capital injection? Well, even if I don't know what's going on now, but don't mess with me, Bellstein is hopeless, you tell me now that MG Chase is going to invest, and only a fool will believe it, right? Oh, Belsden's current share price... ”

“... $30, already down 47%... ”

“Ha ha... Cough, sorry, sorry, oops, listen, the airport has notified us we're boarding, huh? Coach, I'll be right there, Mr. Minister. I'm sorry about that country and I'll call you back. After all, it's an Olympic selection. It's a big deal. I'll call you when I get off the plane... ”

East Treasury Building, DC White House.

“ ”

Paulson's face darkened tightly in his hand, listened to the busy noise coming from inside, finally smiled bitterly, slowly put the phone back where it was, and shook his head and grinned at a group of employees across the desk.

“He refused and boarded the plane... ”

A group of clerks and staff in the Office of the Controller sighed sighingly as well.

“As expected, he will not quit at this time of year, when he plundered $13.5 billion from gold futures, of which $3 billion was used to repay bank loans for the acquisition of Bloomberg shares and the remaining $10 billion was spent on empty Bellstein hedge funds.

They've been laying out for a long time, and on Monday, the U.S. stock market started circulating that Bellstein might have had a liquidity crisis. The news panicked the market and investors threw out financial units.

On that day, Bellstein had to issue a bulletin to refute the rumors. CEO Schwartz gave a CNBC interview to try to calm down any speculation about Bellstein.

But the U.S. Securities and Exchange Commission also clarified for Bellstein on Tuesday that “there is great confidence in the buffer capital of these investment banks”.

But starting Tuesday, more and more lenders and clients began to withdraw their funds from Belsden, despite the fact that it had a steady buffer capital at the time. But now Belsden's excess liquidity is rapidly depleted.

Simultaneously, British newspapers began to propagate the Belleston crisis, and the European Bank had to raise concerns and begin to stop trading with Belleston. Some US fixed-income and stock traders started doing the same on Tuesday, raising cash from Belsden, fearing that if Belsden filed for bankruptcy funds would be frozen.

Yesterday, Thursday, the Wall Street Journal reported that businesses doing business with Belleston were becoming more cautious and cooperating more and more in withdrawing funds. Belsden executives spent most of their time on the phone trying to quell rumors that banks were reluctant to trade with them and demand more loans for their mortgages.

The biggest headache is that no matter what Belsden does, the news will soon spread across Wall Street, and as the situation becomes clear, Belsden will not be able to cope with the constant withdrawal of worried customers.

Securities firms that had previously been willing to accept mortgages insisted on using cash, and hedge funds that borrowed money from Bellstein began to withdraw cash from their accounts. By 4.30 p.m. Thursday, Schwartz was convinced that Belsden was already in despair and had to turn to the Fed for help.

And today, their harvest day, even if we agreed to his terms now, he wouldn't stop, after all, for a dozen, two billion dollars worth of profit... ”

“Boom!”

Paulson slapped the table hard and said angrily, "You son of a bitch! This will hit the entire financial system of the United States hard. ”

“ ”

“There's nothing else we can do to keep Belsden's share price diving! ”

“ ”The whole field is defaulted.

“Minister, the big picture is that it is only possible to watch his men leave after the harvest, unless MG Chase now acquires Bellstein, and they use five times as much leverage and tens of billions of dollars to shock stock prices, with the exception of a few of the largest funds in the market, none of which are their rivals. Hey, they're all making empty Bellstein! ”

“A bunch of greedy vampires! Damn it, he can't go on being so unscrupulous. He's too destructive, Hamilton. Tell me, who might be their next target? ”

“Most likely - the Lehman brothers! ”

“What?!” When Paulson heard the answer, stood up from the chair and stared at his men, he could not imagine what would happen to Wall Street if Lehman was also emptied by Andy.

“Andy Smith is very good at layouts ahead of time, and his think tank uses this boss' preference as a feature of their work, and after selecting a target, they spend months dispersing funds to get into layouts ahead of time, and when the layout is complete, they create market panic and release all sorts of news, and the most headache is that the news is true, though it's a small part fake, it's the deadliest venom, making it impossible to tell the truth from the fake.

Then they hedge with a huge flow of funds, and their one-time success also keeps a lot of hedge funds cheap behind them.

Just like this one, over $80 billion is running out of Belsden, and even if they buy two Belsden companies, they have a good rhythm control, and they're never going to kill themselves. All they want is to do is cut meat slowly and wait for Belsden to get help.

So, no matter how much we borrow from Belleston, most end up in Andy Smith's pocket... ”

“No, we can't let him go on like this! Give me an appointment with Old Smith and Auston Smith, and, uh, a press conference, and I'm gonna... ”

“Knock, knock...”

“Minister, Belsden's stock has plummeted 53 percent... ”

“Shet! Do it now, now!” Paulson's face smoked and his whole face turned black, waving low and roaring, "This greedy shark must be stopped! ”