American Fortune Life

As the Fed unexpectedly decided to keep interest rates unchanged, Wall Street stock markets rose and oil prices fell, the following day the New York exchange rate dollar rose against most major currencies.

Around 10.30 a.m., Andy walked a dozen think-tank members led by Alvitelli, who arrived this morning, through the rounded lobby of the Capitol building, heavily textured with three bronze "Columbus doors” engraved with Columbus' embroidery of the new continent, out of the magnificent cylindrical porch and immediately blocked by journalists squatting in the Capitol building.

Andy's reason for leaving New York was not his nonsense, but that he did receive an invitation from O'Blackbull, although he could have refused, after all, he did not want to fight McCain of the Face Party, and, of course, is now in the Capitol building on the grounds that Gaia provided advisory services to the Treasury.

“To a certain extent, we are still in the process of entering the storm, not coming out of it...

Government bailouts can be “moral hazards," but eventually you have to do everything you can to save the financial system...

Lehman... Oh, some Brits will regret their ridiculous caution that financial market shocks are far from over and Britain could be the “most injured” economy except the United States in the recent Wall Street financial earthquake.

The financial sector is an important part of the UK economy and will make it particularly vulnerable in this financial storm. The United Kingdom has been hit harder in this financial crisis than most other countries... ”

In the face of the world's major media outlets, Andy turned a blind eye to the past and answered a number of questions selectively. After all, how could he let go of this opportunity when it was a great time to open up the zui time to brush his presence and influence?

This is much more useful than the hundreds of times he shouted on the internet. Social status and influence need to be judged in order to run the business. No one can come up and answer the call. This is also paving the way for him to brush his hero values in advance.

You have to be low profile when you make money, but you have to be high profile when you spend money doing big things, that's what a niceguy should do!

Andy sat in the car, leaned forward, tidied his suit on his lower body, and leaned lazily against the car seat, looking at the reporters screaming out the window with a smile on his face, and turning to Al next to him, he said, “What's the attitude of the people at Barclays Bank? ”

“It's urgent that Robert Diamond, president of Barclays Bank, fly to Washington this afternoon to meet with the boss personally to discuss the details of the deal... ”

“Hmm?” Andy frowned slightly, then speculated uncomfortably, “They're not gonna have any money, are they? ”

“The boss is right, they do have a bit of a strain at the moment, but they are expected to raise money to support the deal through the sale of stocks.” Al replied.

“Ha ~ By the way, these Brits are really good at fine-tuning, and there are good reasons to avoid questioning and denouncing the sale of stocks. Maybe these guys will also want to exchange their stocks for the investment banks and related businesses we're selling. Ha, I don't want anything but cash, but then you can copy the shares of Debuckley Bank and make a fortune, that's it, so our people can be prepared in advance on the UK side. ”

“Understood, boss, this deal is a rare opportunity for Barclays. They have been hoping to expand the banking business to the United States and create a global bank that can compete directly with US financial giants Citibank, MG Chase and US banks. However, even with the acquisition of this part of our assets, Barclays could not have become a world-class bank overnight, even though the Lehman brothers had a reputation in the United States, but could not compare to Merrill Woods or MG Stanley. ”

Hearing Al's analysis and explanation, Andy nodded slightly, this part of the investment banking business, he didn't want to be tangled up, but he wanted his own Intake Bank to absorb it, but this way, although it could make money, the position of Intake Bank in its traditional bank changed, he knew very well, it was these investment commercial banks that were hit by this financial storm, even MG Stanley, who honestly returned to the traditional bank and split the investment business.

Since it was useless to stay in his own hands, he could make more money selling as a second-trader. After all, he had to feed thousands of people, and he was not that big.

“Citigroup, how's Goldman Sachs?” With Andy's mouth slightly lifted and he was happy to ask, thinking that he could continue to be a freelance target at the moment.

“As usual on the Citigroup side, they were terrified of the treasury and the Fed getting involved, so they were carrying it dead and the stock price went down the road. As for Goldman Sachs, Goldman Sachs' stock price continued to fall, from over $130, over $100, to under $90 today.

According to information we received from inside the Fed, Goldman Sachs wanted to change its legal status from an investment bank to a bank holding company, so that Goldman Sachs's regulator could change from the Securities and Exchange Commission to the Fed. Goldman Sachs believes that as long as the Fed announces that it will regulate their activities, it can reduce the risk of short-term funds being squeezed. ”

“Humph! These guys are a lot of work. It's a good thing there are people in there, but I'd like to see how much he can do for Goldman Sachs without moral immunity! ”

Andy snorted out that he knew exactly what he was going to do with these guys and changed the doorstep so he could get direct blood transfusions from the Treasury and the Fed without any worries. That was a good plan.

“By the way, let the data set put all our transaction information and evidence together. After the financial crisis, we may not be able to do it alone. The commission of inquiry that was set up will certainly question us. After all, we are the few forces that have reaped the benefits. ”

“You can rest assured, boss, that the Bar has been involved throughout and that in order to cope with the possible difficulties of the British, our Bar on the British side has added new experts in international law to prepare for the Boss's follow-up plan in Europe. ”

Alfresco said, for these aspects, his chief think tank is naturally to think of the front of his boss, if everything has to be handled by the boss, then he can also roll up and roll away.

In a fancy restaurant, Andy had a delicious lunch with Al and think-tank members, joking, relaxed atmosphere, and no other financiers had any serious concerns.

And outside the dining room's landing window is a bunch of reporters holding cameras to record these images, adding some good material to tomorrow's story.

“Sorry, boss, I'll take the call first.” Al dropped the knife and fork in his hand, took his phone out of his pocket, looked at it, said Andy with an apology, and then, with Andy nodding his head, stood up and walked over to the side of the phone.

Three or four minutes later, Al came back with the phone, sat down, leaned forward slightly, and lowered his voice to Andy Wire: “The phone was from GM Stanley, and Washington Reciprocal Bank, the largest savings bank in the United States, was actively looking for buyers to avoid the risk of bankruptcy, and they asked the boss if you were interested. ”

“Do we know anything about reciprocal banks?” Andy dropped the knife and fork, picked up the napkin and wiped his lower lip, then took a sip of the wine glass and frowned slightly.

When Andy looked around at the table think-tank crowd, a man who was still chewing food raised his hand and watched as he quickly picked up a glass of mineral water and took a sip, wiping his mouth with a napkin and began to say.

“The bank lost $6.3 billion last quarter and, based on limited data analysis, we expect their subprime-related asset write-downs to reach $4.5 billion this quarter. The Bank expects total subprime-related losses to reach $19 billion by 2011.

Their share price has fallen by 94 per cent over the past year. Ratings like Moody's and Standard & Poor's downgraded the bank's debt to “junk" this week.

Their balance sheets are very opaque and clear, and they have consistently refused to disclose subprime-related losses, which, according to our analysis, may be more than imagined, so they have been trying to cover up real data and have been included in our toxic bankruptcy list. ”

After listening to the introduction, Andy gave the other person an appreciative look, and then shrugged to Al: "We're going to maximize the benefits with the least amount of money, let's wait until it goes bankrupt! ”