American Fortune Life
Chapter 474: Hunting 4 billion (middle) crazy counterattack
Andy didn't know his presence and involvement, which deflected many things. Even if he knew it, he would say something lightly, and it would be my fart!
When Andy was extremely satisfied with the tonight's harvest and brought his stunner stunner girlfriend back home to play pop-up fun games, he didn't know that he was looking forward to the subprime crisis because of huge profits.
However, the US government and the Federal Reserve are trying their best to avoid risks, slow down the time of the subprime crisis, and allow them enough time to deal with or release the huge impact and harm of the subprime crisis.
When negotiations with Dallas just started two days ago, Thursday, May 31, 2007.
Andy watched Paulson's blunt **** on TV with a sinking face.
"The US government is closely monitoring the subprime mortgage crisis and believes that the current situation is still under control. It also believes that the overall US economy will not be brought down.
Although the cooling of the US real estate market has caused some losses to the subprime mortgage market, it will not harm the development of the overall US economy. "
Paulson also said in an interview with US TV that the US real estate market is undergoing major adjustments, and it is still too early to judge whether the market has bottomed out. He also emphasized that it is not surprising that there are some problems in the subprime mortgage market due to falling house prices, but these problems are largely controllable.
"I continue to believe that the US economy is healthy," Paulson said on the stock market's decline. He pointed out that the growth of US exports continues to exceed the growth of imports, consumers continue to consume, inflation is under control, and the US economy is currently growing at a "sustainable rate".
In addition, strategists at Lehman Brothers also pointed out that the amount of bad loans in the United States in the next two years will probably rise to $ 225 billion, but this is not enough to weigh on the US economy.
Andy had a somber face with a sneer at the corner of his mouth. He just stood in the living room and watched Paulson open his eyes and talk nonsense. Ivana hugged Andy from behind and worriedly, and put his face on his back on.
"Oh, don't worry, although there will be twists and turns, the general trend will not change in the slightest, and some people will eventually pay a heavy price!"
However, in order to boost the US economy, half an hour before the opening of the stock market, the US Federal Reserve announced that short-term interest rates would remain unchanged at 5.25%, pushing the Wall Street stock market to rise sharply.
"Massachusetts officials have asked UBS Securities and Bear Stearns for documents on their research and analysis of subprime mortgage lenders, including New Century Finance.
Barney Frank, chairman of the U.S. House of Representatives Financial Services Committee, said he plans to introduce a bill to restrict high-risk mortgages in the event of problems in the subprime mortgage market.
But the Democratic lawmaker also said that he did not think that problems in the subprime mortgage market would pose a widespread threat to the US banking system. US Treasury officials responsible for financial markets also said the crisis in the subprime mortgage market would not spread.
"We are paying close attention. We think the entire capital market, including the overall mortgage market, is doing quite well." The official told the media that "the government will continue to monitor and evaluate the market situation."
Members of the Senate Finance Committee said Congress could focus on the risks faced by large banks investing in subprime mortgages and whether the current situation is properly reflected in stock prices.
Mortgage insurance company PMI Group said that the field of home financing has developed rapidly in recent years, and many lenders are willing to ignore applicants' poor credit records.
"For a long time, we have said that the market is underestimating risks. We think that the risk in this area is higher than some people think." A spokesman for pmi insurance company said. "
In the office, Andy leaned on the boss chair, held down his temple that had been beating wildly, the situation changed, and various characters appeared for two consecutive days, preaching various lies to boost the economy and trying to cover up the subprime crisis. risk.
The counterattack is not fierce. In the past two days, he can also feel the expressions and mental changes of the employees of Liberty City Investment Company and Gaia Company. Each of them is worried about the future of the company and himself. Because they became less confident about working hard for months.
"boss……"
Andy's slightly closed eyes opened sharply, revealing a chill, frowning and looking at the cowardly, shrinking neck assistant Tori Black.
Seeing her air-bag-like look, she couldn't help laughing, to be honest, he was in a very bad mood these two days, said not to worry, and full of confidence that was really nonsense. Who knows what will happen.
After all, he is an individual, not a god. The emotional fluctuations and external stimuli will affect him, but this is related to the gambling of all his net worth.
Seeing a smile on the gloomy face of the devil, Tory Black breathed a sigh of relief, "Mr. Stone, waiting outside to see you."
"Let him in, make me a caramel macchiato ..."
The little assistant saw that the big demon had restored his tone and expression, and he became happy, nodding his head and twisting his small butt, he walked out of the office.
Soon Bardstone came in, with a bitter smile on his face, and said to Andy, "It's noisy again. I can't stand the atmosphere inside. I really admire Al's eloquence."
"Why, Damo people still want the same price as yesterday? Aren't they clamoring for a talk? Look at the two days they have stepped up their efforts in the major media, I thought they would pat Butt walk away! "
Andy is upset because of the dying struggle of the government and the Federal Reserve. He knows exactly what will happen, but he can only watch this group of clowns cheating, covering up, weaving lies, and affecting his schedule time and time again.
"Ha ~" A ridiculous smirk appeared on Bardstone's face. "They want to pat their butts and walk away, but they know the truth better than anyone else. The senior groups on Wall Street are aware of the crisis and tighten their wallets. Their sudden turn is undoubtedly a manipulation of the market. They want to redeem their chips and reduce losses before the crisis breaks out!
And boss, do n’t forget the real identity of Treasury Secretary Paulson. Although he gave up his high-paying job as the chief executive of investment bank Goldman Sachs and sold all his shares in Goldman Sachs, his Goldman Sachs gene will not change in the slightest. "
"The trigger time is always much shorter than the waiting time. The prey is unwilling to be arrested obediently." Andy said with emotion, in fact, he did not say a word, that is the suffering, only the person who has been there To really appreciate it!
"Since they are not afraid of dragging, drag it on, wait until the cover can't be covered, and when the inflection point appears, then Damo will have no choice, and all our demands can only be accepted." Budstone aside Talking, smiling, taking over the coffee from Tory Black.
"Are they still not willing to compromise on the convertible preferred stock?" Andy Meimei enjoys the caramel macchiato coffee in the cup. He still likes sweet coffee. It is too bitter to bear, but Laomei still has bitter coffee. Very favorite.
"They think that the conditions for us to open are too harsh. They cannot accept $ 1 billion of preferred stock. They also want to limit the time range of our preferred stock.
Oh, their negotiating team seems to be because of the market changes over the past two days and various big names coming out to endorse the market, which has increased their momentum a lot. They have begun to exert pressure on us by using the big environment, but they also know that there is little hope. However, the amount of preferred stocks has been stuck at 500 million, they are not slack at all, it seems that this is their bottom line. "
Andy listened to Bardstone's analysis, put down the coffee in his hand, reached out and touched his chin, narrowed his eyes and thought, "What is their current market value?"
"About 50 billion or so, the preferred stock given to us is also calculated according to the value of 1%, but it will definitely fall in the future. If it is stipulated that the time period for cashing will be stipulated, this will greatly reduce benefits."
Andy nodded his head, got up from the boss chair, tightened his tie that was loosened a bit, and ignored the rolled up sleeves of his shirt, and said to Bardstone, "Go, go to the conference room, I don't have Patience has been entangled with them, and the subsequent plans do not allow us to continue to waste time on them! "
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