American Fortune Life
Chapter 1616: Proud Wall Street
“ The economic stimulus package was only the beginning of the Government's efforts to save the United States economy. I am pleased to see Congress approve the plan, which is a crucial step, but equally important, it is just the beginning of an effort to reverse the economic situation, a process that will be long and arduous.
A genuine solution to the current crisis would also require resolving problems in the financial sphere and facilitating the resumption of credit flows to businesses and households. At the same time, there is a need to address the housing sector, which is one of the root causes of the recession. ”
On television, the new President thanked Congress for having adopted the plan in a short period of time and said that he would sign it shortly.
Located on Georgetown Pennsylvania Boulevard, surrounded by a rich history and culture, the Four Seasons Washington Hotel is just 12 blocks from the White House and features Washington DC politicians "rights lunch at Seasons Restaurant.
Wall Street financial giants gather, young Andy Smith sitting among them, breaking into each other, these giants at the top of the American financial pyramid, tasting Washington's prestigious bourbon steak in a relaxed and harmonious atmosphere.
Bank of America chairman Lewis dropped his knife and fork, picked up a clean white napkin, wiped his mouth, wore a crystal clear, ruby red wine high foot cup, and said to Andy slightly, "In less than a month, the plan was passed by Congress, and it was a big victory for him! ”
The big fathers of financial institutions in attendance were also laughing, and in Washington, some things were no secret at all. Especially for the level of people in this room, the economic stimulus plan for the Olympic Ocean could be passed by Congress, and Andy Smith played an important role in it, something that should have been known long ago.
The upside down of Augustine and Wall Street, all over Wall Street, has caused dissatisfaction among the group, and this lunch is also the first gathering of the giants who participated in the Battle Club.
“This is a good start to the economic recovery in the United States.” Andy took the knife and fork, chewed the beef, swallowed it, and the corner of his mouth curled, faintly said, not at all comfortable with the tone and the slight laughter, which he and Okuanhai had been dealing with.
Andy lowered his head, cut a piece of beef, put it in his mouth, chewed it, and said, "I just didn't think you'd agree to a three-week moratorium on certain families' houses while he prepared his plan to prevent foreclosure. Tsk, that's not in line with superior financial intelligence. ”
“Cough... ”
“Cough... ”
“Oh... ”
Andy's snake countered, immediately making several financial giants, including Lewis, laugh lightly, just as they were choked by red wine, and the mouth of several other big men who didn't lose their light-hearted cough was unnaturally ripped.
“Cough, I can't help it, there is a lot of anger in the public about the financial industry right now.” Lewis shook his head and explained with a grin.
Andy couldn't help but smile, how could he believe all this nonsense, but he wasn't saying anything, just tasting the delicious steak, his eyes smiling and not talking anymore.
“Ding--”
“Well, ladies and gentlemen, we don't have to continue to play dumb riddles, let's have an open conversation, our President, has forgotten our help and our friendship has been abandoned. ”
As one of the initiators of this lunch, MG Chase CEO Diamond watched as everyone ate the food without saying a word, tapping on the glass below with a fork, he could not help but speak first.
“Abandoned? Oh, why not say betrayal? 22 mandatory items, financial regulation, subprime mortgages, derivative financial instruments, credit rating mechanisms..." Big enough not to fall "financial institutions, who is it? You, you, me, all of us! ”
Bald Goldman Sachs CEO Blank Fern smiled cynically and began to complain without hesitation that he had exchanged endless numbers, ridicules and criticisms in Washington over the past few days, and now that Augustine was about to torment Wall Street in death, he had gone out of anger.
“His victory was originally a triumph in lip politics.” Bank of America Lewis is also a bit of an ugly mockery.
It was understandable to hear Goldman Sachs and Bank of America's angry family laugh when their family was somewhat frustrated. Although Congress had adopted an economic stimulus plan totalling $787 billion, the market still questioned the actual effect of the plan.
More importantly, investors expect the U.S. government to release more details about the foreclosure response and the banking rescue plan. Unfortunately, the White House really has no details to reveal, and amidst worries, the financial sector suffered a major setback today, with Goldman Sachs falling 11 percent and Bank of America falling 12 percent one morning.
The tens of millions of dollars in political donations on Wall Street were decisive in the Olympic election campaign. Wall Street's money was not given in vain, it cost him tens of millions of dollars to spend hundreds of billions of dollars “saving the market" when he came on stage, rather than putting a tight curse on them. In this case, hating the Augustine Sea is natural.
“Have you seen that huge stimulus package? It's got multiple welfare benefits, it's a welfare marathon, and damn it, he's wiped out the reform achievements of two parties over the past 20 years to reduce public dependence on relief.
Don't those idiots in the White House see how welfare programs, while increasing the wealth of the poor, don't help the poor out of poverty! It only makes more poor lazy people dependent on the government, and they simply can't be the creators of wealth! ”Kelly, CEO of Mellon Bank of New York with a pair of golden wire box glasses, was similarly ugly thrown up in the gutter.
In the United States, the term "welfare” had become a negative term in the 1970s, and there was general consensus that taxpayers' money was wasted. The Nashui are very tired of funding their lazy lives.
“I feel that he is the first step in building a" pseudo-social ZY welfare state "and that people must know that“ big governments ”will eventually become less efficient, more expensive and more vulnerable to abuse of power!” Goldman Sachs CEO Blank Fern looked at Andy with a smile on his face and looked at Andy as well.
“By the way, didn't you invite Pandit?” Andy seemed a little confused by people's attention, so he didn't seem to hear what they were saying, and asked Citibank's CEO a little awkward.
Diamond, the CEO of MG Chase, was a bit helpless to shake Andy's head and laughed, but said openly: "Citigroup may have reached an agreement with the government on equity swaps in the last few days, and the flower executives may be coming up with a big blood swap, and our party won't have to invite him. ”
Andy nods his head, looks sudden, and then starts stuffing his head, and the other financial giants see Andy Smith as a little fox pretending to be stunned, and helplessly faces each other. They don't think Andy knows about Citibank, you know, Andy's private absorption of Citibank stock is no secret to them.
Once an agreement was reached, the United States Government would become the flag's most important shareholder and control management, which would effectively amount to nationalizing the flag.
Together, they thought they could instigate glory at the hearings, bloody members of the hearings committee Andy, continue to promote the Viper property, continue to open PAO to the White House on the issue of grand government doctrine and nationalization, after all, all the major media newspapers in the United States have been reading his words in the corridors of the Capitol in recent days.
Even many newspapers call him the new revival force of American classical liberals, the so-called classical liberals. They believed that there should be three kinds of freedom, economic freedom, political freedom, freedom of expression and zj freedom. Freedom, which is also firmly believed and practised by the fathers of the United States, means restricting the power of the ZF and guaranteeing the rights and conduct of more individuals, which is why the United States xianfa amendment was adopted.
All of a sudden, Andy raised his head, raised his mouth, drank a sip of wine, looked at him with a showy eye and several Wall Street Big Guys who focused their eyes on him, like, "You guys, does he really think I'm stunned?"