American Fortune Life

Chapter 1617: Boiled Dishes? It's just a joke!

“ Despite the help of the Treasury and the Fed, the banking sector in the United States is still in the shadow of the crisis.

A range of factors, including falling house prices, economic recession and volatile financial and credit markets, make our financial system extremely fragile. Serious liquidity shortfalls in financial institutions have also led to a sharp increase in the number of bankrupt banks, which has reached a record high of 10 since January alone. ”

Faced with a small, unprofitable fox, Damon, CEO of MG Chase, had an eye contact with the crowd and said.

“Oh, as the economy has been devastated, examples of bankruptcy have long been commonplace. It's a victory to survive this cold. “

Andy knew the rou scene was coming, and the old Wall Street crocodiles had no way of comparing themselves to Intake Bank right now. From Belleston to Washington Reciprocal Bank, Andy found these guys eating pretty ugly, not only greedy, but also very overbearing.

Just as a newcomer to the banking industry, even if Andy is unwilling, unhappy, and unable to do anything about it, the Smiths are very powerful, but the family power represented by these banking crocodiles is not vegetarian, relying on the mountains, no one can really do what they want in the United States, the United States is not a unique CI, jun government country.

As of February 13, the day before yesterday, 35 banks in the United States had shut down since the onset of the subprime lending crisis in '07, and Andy had even acquired five of them, founding Intake Bank today, and then expanding outward through the annexation of tens of millions of assets, 120 million small banks, to increase Intake Bank's radiation coverage throughout the United States.

And old crocodiles like MG Chase, Bank of America, eat either Washington Reciprocal Bank, or Merrill Forest, which is impossible without envy and envy.

However, Andy is also very helpless about this situation. After all, the size of the bank that was acquired and merged doesn't really look like a medium-sized commercial bank like Intake Bank. Even if Intake Bank wants to merge people, they won't like it. This is embarrassing for TM.

“In such a short period of time, in such a financial environment, can Intake Bank make a small profit, is it true, as legend has it, that you will make money magic?” Kelly, CEO of Mellon Bank of New York, was blinking and smiling.

Everyone here couldn't help but laugh, but those present were genuinely jealous of Andy Smith's ability to make money.

Especially Andy, who cooperated and earned money from the pot full of American banks and Goldman Sachs, laughed out loud, only MG Stanley's CEO had a reluctant smile, a constipated look, and they had not forgotten that they had been survived by Andy Smith's death.

“They just saw me make money, they didn't see my investment in losing money, Gaius Clothing, Starbucks, the big newspapers, but they were all losing money, and luckily I still had a little capital, otherwise, it would have been a dog, and by then you wouldn't have seen the media bragging about me, but they were ridiculed by everyone. ”

Andy picked up the wine and showed the crowd, his mouth raised, and after a sip, he put the glass down, not without teasing himself.

“The total assets of ParkAvenue Bank amounted to approximately $520 million and deposits received totalled $494.5 million. It's the second New York silver shut down this week.

Yes, mostly for the Jewish community in Manhattan and Brooklyn.

The total assets of OldSouthern Bank amounted to approximately $310 million and deposits received totalled $319.7 million.

Statewide's total assets amounted to approximately $240 million and deposits received totalled $208.8 million.

MG Chase CEO Diamond looked at Andy sitting across the table with a smile and said, "Seven banks, with a total of $3 billion in assets and a total of $3.1 billion in deposits absorbed, are sure to be of tremendous help to Infineum as it operates across the country, and if you think about it, all of you here are willing to help with a show of hands. ”

“Wow, thank you so much for your generosity.” Andy picked up his eyebrows and smiled, gracefully wiped off the soup juice from his mouth, put the napkin aside, smiled and looked at Damon and a few other smiling people. These banks in the room had eaten and stood by. The financial crisis created tremendously favourable conditions for them to annex their other opponents, and now took some leftovers to pull their allies together. It was painful for them and the car was familiar.

“You guys are so generous, I think there must be some kind of condition? Tell me, but if things are too much trouble, I can only helplessly reject your kindness. After all, I'm young and I don't want to be too reckless and aggressive. For me, time and opportunity will come later, but it's better to be steady, don't you think? ”

When they heard Andy's words, the financial giants present, they shook their heads with laughter. To be honest, they all had a very good understanding and analysis of Andy Smith, a young man who knew he was a mature cunning, controlling yu strong, suspicious character who was nothing but a little fox.

They knew that if nothing real touched the little fox, even if there was more to it, I'm afraid the guy wouldn't stand with them.

“Within three days, all deposit accounts of the seven aforementioned banks will be transferred to Intake Bank, whose original place of business will be reopened as a branch of Intake Bank.” Lewis of Bank of America smiled and said to Andy, but it seemed like something had come to mind and his smile slowly turned into a sneer.

“The fate of Wall Street executives has changed since he rightly said," To limit the pay of Wall Street executives. "We silently endured such humiliating reprimands as his' fat cat 'in order to save Ganryn's life. Now that the economic stimulus plan has been adopted, the hard times are almost over, and now he wants to reform the financial system to make Wall Street lean and make the poor rich, can Wall Street let him get away with it? ”

“We thought we should show him the color - give the money to someone else! In next year's midterm elections, we decided to turn to the elephant party, whose political proposition of" small government, low taxes ”is more beneficial to us, and Wall Street needs a calm environment and time to recover, rather than turmoil, to hand over Congress's leadership to the elephant party, to balance and restrain him through the elephant party, and to awaken him from the naive sense of democratic anesthesia! ”

Goldman Sachs CEO Blankfein laughed at the corner of his mouth with a knife and fork in his hand, cutting the steak with a forceful knife, and said in a derisive tone.

“Oh, so, what do you need me to do?” Andy asked with a smile.

“To be honest, we didn't expect one of your interpretations of the 'Roosevelt New Deal' to be so resounding, or even controversial, and we've been fantasizing about Mr. President's ulterior stimulus plans going beyond the Roosevelt New Deal, and polls have shown that half of the electorate is disturbed and questioning his new deal, and we think you should make better use of your influence, of course, in support of parties like yours, and I think Mr. Old Smith and Mr. Oston Smith will be very happy, so why should everyone cooperate? ”

Diamond, MG Chase ceO, is a little gloomy, and no one has thought of the choices made so quickly in the Augustine and the cracking of Wall Street, and must teach him a lesson that if he can play a “good dog” role, his political life may still be saved, otherwise he will be abandoned and wandered.