American Fortune Life
Chapter 986: Golden Barbarians
Perhaps someone would find it ridiculous why Andy Smith threatened a treasurer and his chief of staff, not a bank in danger of bankruptcy?
Just take over and keep the Fed transfusion, the threat is a little naive...
Why are you afraid of any crisis-ridden bank going down, and why are so many banks going down and not selling as cheaply as Bellestein?
The subprime mortgage crisis, which lasts a year, is itself a huge black hole, one swirl after the other, fluttering away, even the people in the swirl don't know the details, how much is the damage caused by the subprime mortgage crisis?
How many investment banks and financial institutions have bought derivatives?
How does the subprime crisis affect the global economy?
How did the United States end the subprime mortgage crisis?
When will the subprime mortgage crisis begin?
These questions, which are not only unclear to the United States Government, but also to Wall Street, which has unleashed monsters and created a subprime mortgage crisis, naturally make it harder for ordinary people to find the exact answer.
And that is the terrible thing about the subprime mortgage crisis. The unknown is the scariest!
As Gaithner, who is currently chairman of the Fed and later treasurer of the O'Negro, recalls.
“I do not know how to describe those terrible days, the feeling of crisis, the combination of excessive responsibility and the numbness of financial catastrophes.
Failure to control the situation is frustrating and uncertain about the methods of rescue.
Fear of a good strategy may be the north-south.
Pain and guilt, loneliness and numbness. ”
No one wants to risk opening a black hole because of recklessness, because it devours everything, good or bad.
And Andy Smith knows the coordinates of this black hole, and he knows what kind of conditions the black hole needs to open.
The problem is, other people don't know, watch him rush, carry money, no disadvantage, everyone is careful not to tread on thunder to get killed, suddenly came this Lord, who is going to push this psychopath down first, don't blow everyone up!
Andy never saw how cheap it was to acquire these banks, and more thoroughly, the bankruptcy, or the willingness of someone to take over into a bankruptcy protected bank, was something that many people could not ask for.
During the economic crisis, the bankruptcy of the United States was unusual. After most of it was taken over by the government, it was eventually sold cheaply after the crisis, and no one knew how many people took advantage of it.
And real banking crocodiles like Bank of America, they don't see these, they see Merrill Woods, commercial investment banks like MG Stanley.
On the other hand, the U.S. government is willing to take over with people like Andy who have good personal credit and huge assets, after all, savings banks that hurt the most people, the middle class.
Of course, the only thing that's unacceptable is that Andy wants to pay nothing, borrow money, even interest, guaranteed by the Treasury, package and annexe these banks at a very low price...
If he truly emerges from the financial crisis and completes his consolidation and throws out a huge debt burden, he will definitely become a new big American bank.
However, the Treasury and the Federal Reserve have set such a precedent for acquisitions, combined with Andy's personal assets, as a result of the Bellstein affair, which does not appear to have any reason to refuse.
“Conditions we can consider, but we also have conditions that require your consent!” Hamilton did not go to the memorandum of understanding on the table, and while this stuff is not legally binding, some people don't have to pass the law to get their own justice, so long as they have something to prove that we have seen, said, understood, and reached a consensus, verbal cooperation is fine.
“Tell me...” Andy knew it wasn't that simple, that the deal was never unilateral, that the threat was very lethal to those who couldn't see the future, and that the other side would choose not to compromise because of the unknown.
“In the short term, don't use your influence and funds as your golden futures again, the dollar walk ruan is exacerbating commodity price hikes and boosting bond yields, we really don't want the dollar to fall again this time!” Hamilton had a helpless look on his face and said the first condition.
“Ha, why did you call me behind my back, by the way, Golden Barbarian, right? Oh, yes, in the short term... ”
Andy had a ridiculous smile on his face, and The Wall Street Journal had written a story that described gold as a “barbaric relic”. He's Andy Smith, the new generation of golden savages.
What to say, now, the "golden barbarians" are banging hard on the Fed's doors, claiming that the dollar was a victim of past liquid xing surpluses and monetary easing.
“Two strikes... Don't hesitate to refuse, we will never force you to invest in anything, you can choose to refuse until you show up with something you would like to invest in.
But we want you, like Warren Buffett, to do it twice. After all, you both have huge amounts of cash in your hands, and no one else can borrow money in this crisis, and you are exactly the kind of people that the bank wants to lend you money, and the crisis comes with opportunities, not to mention, if that's okay. “
Hamilton said, stretching his hand over the table, the memorandum of understanding laughed: “I will take it back and return the signed one, after all, I am only a chief of staff. ”
“Yes!” Andy muttered, gleaming in his eyes, agreeing, reaching out and shaking Hamilton.
“Enjoy your cooperation! ”
“Thank you for your cooperation! ”
“Well, the business is over. Tell me something personal. My invitation wasn't a joke. Al and I introduced you. He's never praised a man like that. After Paulson left, you're never going back to Goldman Sachs. Why don't you come help me?” Andy had a sincere smile on his face, a solemn invitation.
“Oh, thank you for your attention, but you've got Al, there's no way to build another think tank.” Hamilton was also eye-catching, and he thought it was a joke, but was mentioned again, and he had to think about it.
“No, no, a think tank is enough. How about the new CEO of Mac Bank of India?” Andy looked at each other with a burning eye.
Hamilton had a slight contraction in his pupils, looked at Andy with a slight tone, then bowed his head and said, “I'll think about it! ”
“Well, I'm waiting for your good news, hoping to work together in the future, trust me, working for me is easier to bring your talents to life than the endless Goldman Sachs! ”
Hamilton pulled his face off and smiled bitterly: "Mr. Smith, the way you convince people is really... Simple and straightforward, Goldman Sachs, hey, so I'll just say goodbye. I'll call you if I hear anything. ”
“Oh, well, I'll wait for your good news... By the way, don't forget about Blue Mountain Coffee, it's the government's responsibility to protect the rights and interests of our American citizens, and if I don't get what I want, you know, the Department of Commerce will definitely get Congressional Anti-Dumping Adjustment Reports, and it's the government's responsibility to protect the competitiveness of American businesses, right? ”
Andy and Hamilton walked out of the cabin together, and Andy looked at Ivana and smiled and said to Hamilton.
“Is that one of the conditions?” Hamilton smiled and twisted.
“No, no, I told you, it's the government's duty, and if I'm bullied, it's definitely beating the face of the United States, and this kind of thing is still getting more and more disturbing for us, trying to show the little followers that exist to do it, and you say, should we hit it well? ”
“Cough... All right, all right, I'll report it and ask the Secretary of State to take care of it.” Hamilton had a slightly silent slight cough and said helplessly.
“Don't underestimate this, it's tens of millions of dollars a year in business, and Blue Mountain Coffee One is a scarce resource around the world, and it's about a monopoly market, and I'm about to start a coffee chain in the United States after I get a good source, and it's about taxes, about jobs. Tsk, you said it wasn't serious! ”
Andy seemed to have a relaxed tone, making Ivana smile when she walked over, and as a pillow person, Ivana naturally knew that her man was weighing in with profit.
Sure enough, Hamilton's expression got serious, "I'll notify State YUAN in an official Treasury document! ”
Looking at the black spot where the helicopter went away, Ivana smiled and held Andy's chest and waist tightly in her arms, smiling. “Won? ”
Andy curled his mouth and smiled confidently. He lowered his head and kissed Red Chun. He said softly: "Sure! ”