American Fortune Life
Chapter 993 The color of the talk changes, and the fear is like a tiger
"Who is it? Hehe, Boris, are you sure you want to know? After all, you owe me twice..."
After a night of fierce fighting, Andy was woken up by a phone call early in the morning. He covered Lima, who was exhausted and still asleep, with a blanket, picked up a nightgown from the ground and put it on. He joked on the phone.
"Hey, Andy, you know that my campaign has reached a critical moment. The answer will be announced in May. I am determined to win the mayor of London. As a good friend of mine, you will support me, right?"
Hearing the big-mouthed Boris Johnson's approach, Andy showed a sneer at the corner of his mouth, and still said with a smile: "Of course, buddy, of course I support you, but Boris, this is the third time..."
"Damn it, dear friend, don't worry, after I take over, I will help you solve the matter at White Hart Lane as soon as possible, my God, you are such a bastard!"
"Hey, Boris, please don't sound like a loser! How many jobs can a new stadium provide for London? Now the world is laying off workers, and a large number of people are unemployed. I'm helping you!" Andy sat down On the sofa, Erlang raised his legs, took the fresh juice handed over by the maid, and laughed while drinking it.
"Damn it, but you want clean land, you need a guarantee from the City of London, and you need an interest-free loan to build the stadium. God, you greedy guy, well, maybe this is how you can be ranked in the Forbes 20. The reason for the name!"
Andy sneered, "Boris, don't forget that Tottenham is one of the places where low-income families live in London. It is the area with the highest unemployment rate and the poorest in London. If your city government doesn't come forward, I will buy that place." How much time and money will it take for a piece of land?
Also, the new stadium will bring new economic vitality, and will allow those poor people to have a career choice to make a living, otherwise, hehe, those idle young people will use riots and violent incidents to attract your attention! "
"Well, well, man, you are always right, I also hope that the forgotten area will be well, there is already a feeling of sympathy for Londoners, if there is no way, this cancer will poison Greater London, I will Make it happen with all my might, that's my promise, and if it doesn't work out, I agree and help you move the stadium away from Tottenham... well, damn it, now tell me who's who?"
"Hehe, who else could it be? Ranked 46th on the world's richest list, the godfather of the prince, the richest man in Britain, the Duke of Westminster..." Andy said with a sinister smile.
"hiss--"
Boris' gasping voice was heard on the phone, followed by a deep breath, "Andy, Andy, my dearest friend, please don't expose...Damn it, he will make Britain a laughingstock of the world of.
. . "
Andy hung up the phone after haha and perfunctory words, he didn't want to listen to Boris' chatter, but from Boris's words, he already understood that the report makes the unclean politicians in the whole of the UK restless , they were all worried about themselves, suffering the same fate as Spitzer.
"Damn it, the Brits just don't smoke. Didn't they just gloat about other people's misfortunes and make a big hype? Now I'm so excited for you!"
At the same time, at 5 a.m. New York time, Paulson, Geithner, Bernanke, and Cox of the US Securities and Exchange Commission held a conference call and connected with MG Chase CEO Jamie Dimon.
"The failure of Bear Stearns will be a disaster for the market. The key is to let Bear Stearns survive this period..." MG Chase's Dimon emphasized on the phone.
"The problem is now, your bid is unacceptable to the entire Wall Street and the shareholders and employees who hold one-third of Bear Stearns' shares. I hope you can reconsider the purchase price!" Bernanke glanced at the people around him. Treasury Secretary Paulson said into the phone.
"Well, we'll need a day to sort out Bear Stearns' books, and we'll make another offer before nightfall..."
"Dimon, I was on the phone with Paul Volcker, the former chairman of the Federal Reserve, and he also said that the current situation is very dire, and it is likely to get worse. If Bear Stearns goes down, it will let the situation get out of hand. I hope you It can be considered carefully!" Federal Reserve Chairman Bernanke said in a heavy tone.
. . . . . .
After the conference call, Bernanke looked at Treasury Secretary Paulson beside him and said, "What did the president say?"
"The president expressed support for the rescue of Bear Stearns. Later, he will deliver a speech at the New York Athletic Club. He has deleted the wording "who will not be aided" in the speech." Paulson nodded slightly.
"I am afraid that without the support of the Federal Reserve, MG Chase will not take over Bear Stearns..."
Paulson was taken aback for a moment, and looked at Bernanke who was shaking his head and smiling wryly with a somewhat stunned expression, "What happened again?"
"Nearly three-quarters of Bear Stearns' assets are in subprime loans, which he would never want, no matter what the price..."
"Shet!" Paulson's face turned black, and he slapped the table with helplessness and anger in his expression, "This group of bastards! Once the Fed opens its mouth, it will expand the risk again!"
"I also understand that no one can predict how much financial institutions will need money, and no one can predict how much they will borrow. If borrowers fail to repay the loans, the Fed's losses will be very heavy. Ultimately, in order to prevent the collapse of the financial system, Still, the losses will be passed on to the NaSHUI people to save the interests of Wall Street at the expense of the public interest. In this way, the Fed's own credibility will be greatly weakened.
But, is there any other way now? Wall Street is now like a sieve full of holes, and there are a group of greedy sharks cruising outside, always waiting for the opportunity to pounce. . . "
The small conference room fell into a dead silence, only a few helpless sighs remained, it was the knock on the door.
"Gerald, haven't you slept all night?" Paulson asked with concern, frowning, seeing the chief aide walk in, his eyes were bloodshot, but he was a little excited.
"Minister, I know who Gaia's next target is!"
Paulson was a little unresponsive, but seeing the excited expression of his staff, he blinked his eyes, then thought of something and asked eagerly: "Andy Smith?"
"Yes, their next target is Merrill Lynch, which lost $15 billion on mortgage investments..."
Paulson and Bernanke glanced at each other, and they both saw worry in each other's eyes, listening to the explanations of the staff and the various data analysis materials displayed in front of them.
"So, they have almost completed the layout, and I don't know when they will start the plan. According to my speculation about Andy Smith's character and the past cases of his think tank, they like to borrow market trends very much, and they are very good at pushing BO to fuel the flames." They are good at it, because once the scale is established, they can take advantage of the time gap and leave even if there is good news or rescue. It took them three months to complete the layout. This time, Merrill Lynch may be more serious than Bear Stearns! "
The faces of Paulson and Bernanke changed drastically at the same time. They were not only afraid of Andy Smith, who had a huge amount of cash and was rampant everywhere!
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