American Fortune Life
Chapter 1636: Dish cooked? Just a joke!
"... Although there is a bailout from the Treasury and the Federal Reserve, the US banking industry is still in the shadow of the crisis.
A series of factors such as falling house prices, economic recession, and turmoil in the financial and credit markets have made our financial system extremely vulnerable. The severe lack of liquidity of financial institutions has also led to a surge in the number of bankrupt banks. From January to the present, the number of new bankruptcies has reached 10, a record high in the past decade. "
Facing the little fox that was not profitable early, ceo Dimon of mg chase made an eye contact with the crowd and said.
"Oh, as the economy has been hit hard, examples of bankruptcies and bankruptcies are not uncommon. It is a victory to survive the cold winter."
Andy knows that the rou play is coming. The heritage of this group of old Wall Street giants is now incomparable to Yingtai Bank. From Bear Stearns to Washington Mutual Bank, Andy found that these guys are very tasty. Ugly, not only greedy but also very overbearing.
Just as a newcomer to the banking industry, even if Andy is not reconciled and unhappy, there is no way. The Smith family is very powerful, but the family power represented by these bank crocodile is not vegetarian. You can really do whatever you want in the United States. The United States is not an independent ci, jun government country.
As of February 13, a few days ago, since the subprime mortgage crisis broke out in 2007, 35 banks in the United States have closed down. Andy has not even bought five of them, and established the current Yingtai. Afterwards, the bank expanded its assets by increasing some of the assets of tens of millions and small banks of one or two hundred million to expand the coverage of Yingtai Bank across the United States.
And old-fashioned predators such as mg Chase and Bank of America are not eating Washington Mutual Bank or Merrill Lynch. It is impossible to say that they are not envious of envy.
However, in this regard, Andy is also very helpless. After all, the size of the bank that was acquired and merged really does not look at a medium-sized commercial bank such as Yingtai Bank. Even if Yingtai Bank wants to annex people, they are not happy. This is embarrassing.
"Yingtai Bank can make a small profit in this financial environment in such a short period of time. Is it really like the outside world that you will make magic?" New York Mellon Bank ceo Kelly blinked After a glorious smile, teased with a smile.
All the people present laughed out loud, but the people present were really envious of Andy Smith's ability to make money.
Especially the bank that has cooperated with Andy and made a lot of money from the Bank of America and Goldman Sachs. The laughter is huge, only the ceo of mg Stanley smiles reluctantly, and they have a constipated expression. The life of Smith Pit has not been forgotten.
"They just saw me making money, but they did n’t see my investment that lost money, Gales, Starbucks, and major newspapers, but they are losing money. Fortunately, I still have some capital, otherwise, I ’ve already lost money. At times, you won't see the media touting me, but being ridiculed by everyone. "
Andy picked up the red wine, and signaled to everyone, his mouth raised, and after taking a sip, he put down his glass, and cried poorly without self-deprecation.
"Parkavenue Bank's total assets reached approximately $ 520 million and total deposits absorbed were $ 494.5 million. It is the second New York silver bank to be closed this week.
Yes, mainly serving the Jewish communities in Manhattan and Brooklyn.
The total assets of the oldsouthern bank reached approximately $ 310 million and the total deposits absorbed were $ 319.7 million.
Statewide Bank's total assets reached approximately $ 240 million and total deposits absorbed were $ 208.8 million.
. . . . . . "
mg Chase Dimon smiled and looked at Andy sitting across the table with a smile, introducing, "7 banks with total assets of 3 billion U.S. dollars and a total deposit of 3.1 billion U.S. dollars. I believe this pair of Intime Bank There is tremendous help in setting up business outlets across the country, and if you have ideas, everyone here is willing to help. "
"Wow, I really want to thank you for your generosity." Andy raised an eyebrow and smiled, reached up and took the white napkin, wiped the soup from his mouth elegantly, and set the napkin aside with a smile. Looking at Dimon and other smiling people, these banks here are fully supported, and the financial crisis has created extremely favorable conditions for them to annex other opponents. Now they use some leftovers to win over their allies. It is not for them. Distressed and familiar.
"You are so generous, I think there must be any conditions? Tell me, but if things are too troublesome, I can only helplessly reject your kindness, after all, I am young and do n’t want to be too reckless, right As far as I am concerned, the time and the opportunity will be better, but it ’s better to be stable. Do you think? ”
Hearing Andy's words, the financial giants present were all laughing and shaking their heads. To be honest, they had a complete understanding and analysis of Andy Smith, a young man who knew that he was a mature man who was extremely incompatible with his youth. Cunning, in control of Yu Qiang, suspicious in character, totally a little fox.
They knew that if there was no real thing that would move the little fox, even if it said so much, I am afraid that this guy would not stand with them.
"Within three days, all the deposit accounts of the aforementioned seven banks will be transferred to Yingtai Bank, and its original business outlets will resume business as branches of Yingtai Bank." Bank of America's Lewis told Andy with a smile, However, what seemed to come to mind, the smiley face slowly turned into a sneer.
"Everyone's fate has changed since he said rightly," To limit the compensation of Wall Street executives. "In order to obtain life-saving Gan Lin, we endured his humiliating scolds such as" fat cats. " The plan has been passed, and everyone ’s hard days are almost over. Now, he actually has to reform the financial system. He wants to make Wall Street thin and make the poor rich. Can Wall Street let him come?
"We feel that we should give him some color to look at-give money to others! Next year's mid-term elections, we decided to turn to the Elephant Party. Their political proposition" small government, low tax "is more in our favor, and Wall Street needs stability. Environment and time to recover, not turbulence, hand over the leadership of Congress to the Elephant Party, and balance and restrain him through the Elephant Party, let him wake up from the naive sense of democracy and anesthesia! "
Goldman Ceo Blankfein sneered, holding a knife and fork in his hand, while cutting the steak with a sharp knife, while sarcastically speaking.
"Oh, then, what do I need to do?" Andy asked with a smile.
"To be honest, we did not expect that your interpretation of the" Roosevelt's New Deal "would cause such a great response and even cause controversy, and Mr. President, who has been fantasizing over the Roosevelt New Deal with Austrian flashy stimulus plans, is very annoyed, According to opinion polls, half of the voters felt uneasy and questioned about his new deal. We believe that you should make better use of your influence. Of course, to support the Elephant Party, I think Mr. Old Smith and Mr. Auston Smith will both I ’m very happy. Is there any reason for everyone to cooperate? "
mg chase ceo dimon's eyes are a little gloomy, everyone has not thought about such a fast choice of guanguanhai and the break of wall street, he must give him a lesson, let him understand that if he can play a "good dog" role, his Political life may still be saved, otherwise, he will be abandoned and wandered.
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