American Fortune Life

Chapter 1211: Family Reach Out · Feather Knife

The news that US Treasurer Paulson knelt down in Roosevelt Hall to ask for a bailout plan for Donkey Pepper spread to both the White House and the House of Congress in little time left elephant party members, including the President, angry.

“At the time, I feared they would go out and say something inflammatory, so I suddenly appeared in Roosevelt's room. When they saw me, they weren't too happy. I wanted to bring you some joy, so I knelt down to Pelosi. I said, please don't ruin the deal, she said they wouldn't... ”

In the oval office, Paulson also knew that his actions were a little reckless, standing opposite the president, smiling and explaining, while the little flying shoe, the president who always liked to joke, this time turned a little indifferent on his face.

“I find it strange that you have given emergency relief to Belleston, Fangli Mei and Fangli Mei, disregarding the Lehman brothers and taking care of the American International Group. What's that supposed to mean? Does that mean there are no rules for what you call saving the market? ”

Old Smith sat on the sofa with his right hand extended on the back of the sofa and his eyes became sharp, looking back at Paulson, whose face changed slightly, and his voice asked indifferently.

“In the $700 billion emergency rescue program, how much money are you going to use to rescue U.S. property owners who are facing foreclosure and bankruptcy?” Old Smith's eyes got colder and colder, and he didn't stop because Paulson's face became iron blue and silent.

“The financial crisis, the bailout operation, will change the fate of many, some will become heroes and others will be doomed to be crucified by the stigmatization pillars of history, which neither the President nor the two parties apparently want to be. I'm sure you don't either! ”

Speaking, Old Smith stood up and greeted the president with a cold face and turned away from the president's office. As for Paulson's mood, he didn't care at all. When he stepped out of the White House and sat in the car, Old Smith called Andy.

“Huh! It's a trick by Paulson, 700 billion, huh, by buying toxic financial products and saving the American financial system that rocked YU, aimed at saving its Wall Street friends and enriching Goldman Sachs. Goldman Sachs and MG Stanley are probably“ the biggest beneficiaries ”of Paulson's emergency plan.

As for saving AIG, Goldman Sachs received up to $13 billion in compensation from AIG... He does the show, and whether the rescue plan is adopted or not, he will be the beneficiary! ”

Andy heard what his grandfather had told him, grinned, and directly lifted Paulson's mind.

“Grandpa, while the bailout plan is necessary, it cannot be made so easy for them! ”

“Oh, you son of a bitch, come on, what do you want?” Old Smith naturally heard his grandson's unhappy tone, leaning against the car seat, shook his head and asked with a smile.

“Hey, my predecessor at Intai Bank wasn't Mac Bank of India, and when it went bankrupt, there were $6.2 billion in toxic bonds...” Andy's dry laughter came out on the phone.

“Well, shouldn't they all be regulated by the FDIC?” Old Smith asked with a slight frown.

“Oh, we can come back, the risk of bank failure has increased again recently, the cost of the Federal Savings Insurance Fund is really too much, it's all Nashui money, since we at Intai Bank are starting to get better, naturally we can't watch FDIC continue to back the pot... ”

“Come on!” Old Smith said after a moment of silence about his grandson being a little shady and weird. "Half of it went into Intake Bank as family money. ”

In the study in Shanhai Estate, Andy with the phone unnaturally twitched the corner of his mouth a few times. He couldn't help but take his face seriously, “20%, only dividends, no voting power! ”

“Yes!” Old Smith promised without hesitation, then scolded with some laughter: "You son of a bitch, you really dare to ask for $15 billion! ”

“Oh, Grandpa, I actually gave absolutely a discounted price, and I bought Indian Mac at that time, valued at 13.9 billion, and had merged so many... ”

“Come on, you son of a bitch, you really think I don't know the truth! All right, that's it. Hand over those bonds as soon as you can. ”

Andy shrugged his shoulders when he heard the busy noise, but the expression on his face didn't look so happy because he could make three billion dollars for nothing. The family's hands were still stretched out, but that was fine. He had to pay something anyway, he couldn't just enjoy the benefits of family strength, but he couldn't help himself.

Old Smith, though his grandfather, was first and foremost the head of the Smith family, who were not the only ones who kept up the prosperity, and Old Smith had never considered the interests of anyone.

Besides, it's hard to tell if it's up to Andy to get those toxic bonds back, even if Old Smith doesn't have a bailout plan to force Paulson's Wall Street forces to swap interests.

But then, the money will be steadily earned, and when the time comes, Infineum will be able to expand again, even though it has always been a negative asset in Andy's hands, and even Forbes' calculation of his total assets will be dragged down by it, but this may change next year.

After a moment of meditation, Andy picked up the phone and called Alvitelli in New York, just to be brief, and asked him to join Stephen Nubie in swapping back the original toxic bonds belonging to the Indian Mac from the FDIC through an agreement.

Alvitelli didn't ask because he knew very well that his boss was unprofitable and premature, and there must be something in there that he didn't need to know. Since the boss didn't say it, he would never ask too many questions if he was smart.

After telling the story, Andy asked about the details of the briefing for the next few days. For the stock market that had suddenly fallen these days, Al and Bud were both very dan sore. After all, it was empty. Although there was no loss, the decline in earnings was the biggest loss in Andy's view.

But Andy knew that everything was only temporary, and since he knew that the ultimate winner was himself, he had to be patient, able to withstand the loneliness and the temporary turmoil of living. On these properties, he admired the old hooligan Warren Buffett, who never cared about the gains and losses of a city, and he would never do anything unless his psychological expectations were met.

After lunch, Andy played with Little Laura for a while, until Little Laura beat up her debt, Andy lay beside her, humming the lullaby, patting Little Laura to sleep, and he himself was hypnotized to lie down and sleep for a nap.

Until the confusion was awakened by the buzzing sound of the phone, some of them were uncomfortably glanced at by the phone, and sometimes some people and things were really nagging, and the phone was called by Warren Buffett.

On the phone, Buffett revealed to Andy that Goldman Sachs was secretly negotiating with American Bank, driven by Treasury, and he wanted to ask Andy if he would be interested in investing with him in the merged Goldman Sachs Associates.

At first, Andy thought Buffett was kidding. Treasury pushed? Or Goldman Sachs' deal to annex the United States?

“Warren, if you're serious, I can only say it's a waste of time. ”

Andy's words were very straightforward, but Warren Buffett didn't seem to care, but analyzed Andy's possible new combination and smiled softly: “Byron of Goldman Sachs was trying to convince me to invest in them, but they had this new idea again, huh? ”

“Well, I knew you old fox was entertaining me, you ruined my lunch break! Though it looks like a perfect deal, how dare a few of them?

Oh, a company that is a current finance minister, and another that is a retired vice chairman from Goldman Sachs or a former finance vice minister, openly orders and supports mergers and gives financial support, then they will definitely be brought to court, and no moral immunity will work! ”

“Well, Andy, it looks like you're a lot smarter than those guys, you know, but seriously, if Goldman Sachs became a bank holding company, would you be interested in investing?” Warren Buffett seemed to have known for a long time that Andy would read through and continue to ask nicely.

“Not interested for the time being, it's not the time to do it, which you know better than I do, and me and Goldman Sachs don't have as deep a source as you and them.” Andy spoke very seriously.

“Yeah, the source... I remember visiting Goldman Sachs with my father when I was 10, walking away when Goldman Sachs' senior partner Sidney embraced me and asked me kindly: What do you like most about stocks, Warren? Oh, time flies, and it never occurred to me that this would happen decades later. ”

Listening to Warren Buffett's emotions, Andy couldn't help but laugh: "Since they need your bailout money and reputation endorsement, Isn't this the best time for you to be greedy? There is an ancient saying in the Heavenly Dynasty that man is a fish meat, I am a knife, you can kill as you like! ”