American Fortune Life

Chapter 1010: Panic Maker

Time passes too quickly and inadvertently and is overwhelming.

On April 16, IndyMac, located in Pasadena, California, one of the largest deposit-loan banks in the United States, with a total asset of about $32 billion, New York State Senator Charles Schumer wrote to the banking regulator to discuss IndyMac's viability. After the release of this letter, the bank experienced a small crowding...

Meanwhile, the bank was confirmed to have been investigated by the FBI for alleged fraud in subprime lending.

“According to expert analysis, IndyMac's financial position remains questionable. The Bank had granted loans to persons whose income and assets were unknown and had resold a large number of such loans to financial institutions. IndyMac's book assets shrank sharply this year as a result of the worsening of the lending and housing market crisis and the rise in arrears in deferred payments for housing loans. ”

Wall Street, Gaia's decorating style tends to be sci-fi style offices, Andy stands in front of the floor window with a sad expression on his face, overlooking a slightly cooler street, behind AMC Cable News Channel TV coverage, wondering what's on his mind.

New York is warm and cold in the spring. This also appears to be a microcosm of the Wall Street financial industry. In recent months, major investment banking companies and banks have been laying off jobs. Once again, “Shampoo” 's financial position swayed in the rain.

Knock, knock, knock.

Andy glanced back at the office door and saw the little assistant who pushed the door in and Alvitelli behind him, turning back to the desk, sitting on the boss's chair, reaching for Al's cue, “Sit down and tell Tory what to drink. ”

“Thank you, coffee.” Al sat down and smiled and said to Tory, the OL skirt standing beside him.

“Beginning with the release of Whistleblower 16, IndyMac has been withdrawn by panicked customers for more than $300 million over three days, a figure that will continue to rise as these days of reporting and all sorts of bad news emerge.

If the U.S. Federal Savings Insurance Corporation (FDIC) doesn't want to see IndyMac's bank squeezed and bankrupt, it will take over IndyMac's bank at the latest in a week.

Currently, IndyMac Bank has begun to save itself by cutting its staff by half and stopping most of its mortgage operations. ”

When he heard Al's report, Andy just nodded and laughed at himself: "Three days ago Paulson yelled at me on the phone, saying that the bank had about 7 trillion deposits across the United States, about 37 percent of which were not covered by the Federal Savings Insurance. If the bank fails, it will be a huge disaster.

It's unfortunate to have him say that the problem with IndyMac Bank is, as I did, indiscriminate accusations against the chief financial officer. ”

When Al heard the boss push 256, his mouth pulled slightly and he coughed up and continued: “Citibank will lay off 2,000 more people in its trading and investment banking business sector as a result of this. Since last October, Citigroup's market value has shrunk by nearly half. Since this year, its share price has fallen by 24 per cent. ”

Andy touched his chin and smiled slightly at the corner of his mouth, lifting his eyes and Al's gaze: “Chain reaction. ”

Al nodded: "Perhaps this is the main reason for Treasury Secretary Paulson's anger when the current financial markets are back in turmoil and the silence of the previous month has been completely broken. ”

Andy skipped his mouth and smiled unexpectedly, “We've got the photo to be activated, and naturally we need it to be activated as soon as possible. The three banks, Miami Valley Bank, Douglas National Bank of Missouri, and Hume Bank of Missouri, are so small, I need a big bank to be the mainstay, and time doesn't wait. Even if this time it was a little brutal and rude, it was done. ”

“Well, most of the management of the three banks are now back together, and I hear a lot of people cry when they get the call. ”

“As planned, the three banks remained closed until IndyMac Bank was taken down, the main task being to take stock of their respective assets. When the acquisition of IndyMac Bank is completed, it will be merged into a new bank. ”

Al nodded and said, "Boss, will you be at the party tonight? ”

“Well, in the face of the Fed, after all, we have to borrow money from them, and of course, they want me to take it outside, and they want too much, and the auction of collateral bonds, Janema will happen to be famous.” Andy mocked with his nose.

“I'm in the North Ridge branch of IndyMac, and you can see the dragons behind me, waiting to withdraw cash from the bank, and angry people are complaining. In order to control the chaos, there has even been a scene of police order. To date, there have been no arrests or injuries... ”

There was an appearance on the TV in the office, and Andy just smiled, and Al looked back and left with Andy.

“Honey, help me pick a pair of shoes...” Ivana put her face in front of the makeup mirror and carefully brushed her eyelashes, shouting out loud at Andy, who was still in the cap room.

“How about these?” Andy, in a black slim suit, picked up with two fingers and wandered around the mirror twice to ask.

“All right, just one pair. Let's see.” Ivana put her eyelash brush away, stood up straight, and put a pose in front of Andy with a sweet smile on her face and asked.

Fully dressed in black, she was wrapped in a tight body. Slightly repaired blonde hair, naturally spread over the shoulder, with a delicate makeup and approximate style. The pair of pearl earrings on her ears show off her charm well.

“Charming!” Andy put his shoes on the carpet with a smile.

Ivana smiled and kissed Andy in the face. Soon after she put on her shoes, she grabbed Andy and smiled. “Relax, let's take a picture first! ”

Picking up his phone from the dresser, at a flat 15-degree angle, he turned his hand back and leaned against Andy's cheek. After clicking on a few photos, he began to tweak the photo, smiling and showing Andy the photo, accompanied by a piece of text that updated the Instagram profile page.

“Well... Oh dear, your app is amazing, many people are taking pictures all the time now, especially the like feature, unbeatable! ”

Ivana wrapped her hands around Andy's neck, her eyebrows dancing with praise, and the flaming red chun kissed Andy's mouth.

Andy mounted 13 with an unexpected eyebrow picking, shrugged his shoulder and said: “There is still a need to continue to promote, only 30 million active users at present, when it reached more than 100 million, it is a success, I don't want people to just think of it as a photography APP, the JIAO platform is the center of its gravity. ”

“Gallo, you're really greedy. It's a miracle that a new agency, Jiao Platform, has grown so rapidly. I heard that Zuckerberg on Facebook is rather depressed about this, and even rumours that he wants to acquire Instagram. ”

Andy whispered and laughed with ridicule, stretching out his fingers and lighting Ivana's nostrils, "He's a dream, I'm not selling it, you know, to get Instagram to wipe out Twitter, I've been digging up people from Twitter, not letting Instagram grow strong enough, and I'm not throwing this cake out to circle the money. ”

“You're the best!” Ivana Sweet smiled and kissed Andy in the face again, "Come on, it's almost time for the party. ”

Tonight's wine party is quite large, and the vast majority of guests present are Wall Street elites, investment banks, financial institutions, CEOs of banks, and some of the real crocodiles are quite honorable.

With Andy in his glorious arms, Evana, the devil's figure, appeared at the party and immediately caught the attention of the crowd, which seemed to amaze men and women wherever they appeared.

Apart from Ivana's angelic smiley face and stunning xing curves, Andy Smith is the most glamorous.

Fed Bernanke and Secretary Paulson were arguing around with a bunch of Wall Street bankers, and seeing Andy and Ivana show up, they couldn't help but look at each other and see a little shadow in each other's eyes.

Truth be told, they really kind of hate Andy Smith, this young man, it's not about personal disgust, much less personal grudges, mainly this greedy young man is a huge trouble, a typical panic maker, in order to gain profit, selfish, easy to pry the whole market toward destruction, doesn't care about other people's lives, it's just an asshole!