American Fortune Life

Chapter 1220 Use the least amount of money to get the most benefit

The U.S. dollar rose against most major currencies in New York the following day, as stocks on Wall Street rose and oil prices fell as the Federal Reserve unexpectedly decided to keep interest rates unchanged.

At around 10:30 in the morning, Andy led a dozen think tank members led by Alvetrie, who rushed over early this morning, through the rotunda of the Capitol. The three copper "Columbus Gates" walked out of the majestic columned porch, and were immediately surrounded by reporters squatting at the Capitol.

The reason for Andy's temporary departure from New York was not because he was talking nonsense, but because he had indeed received an invitation from Ao Hei Niu. However, he could have refused, after all, he didn't want to slap McCain in the face. Of course, now The reason for appearing in the Capitol is also that Gaia Corporation provides consulting services to the Ministry of Finance.

"In a way, we're still in the process of getting into the storm, not coming out of it . . .

Although the government will face "moral hazard" when bailing out the market, in the end you have to do everything to save the financial system. . .

Lehman. . . Hehe, some British people will regret their ridiculous petty thinking. The financial market turmoil is far from over. The UK may become the most "injured" economy after the Wall Street financial earthquake in the recent period besides the United States.

The financial industry is an important part of the British economy, which will make it particularly vulnerable in this financial turmoil. Britain has been hit by the financial crisis far more seriously than most other countries. . . "

In the face of the major media from all over the world, Andy also changed his usual ignorance and answered some questions selectively. After all, now is the perfect time to start the most important time to swipe his presence and influence. How could he? Let go of this opportunity.

This is much more effective than his shouting thousands of times on the Internet. Social status and influence need to be managed according to the situation. No one can respond to every call at once.

You must be low-key when making money, but you must be high-key when spending money to do big things. This is what a niceguy should implement!

Sitting in the car, Andy leaned forward, straightened his suit, then leaned lazily on the car seat, glanced at the reporters who kept shouting outside the car window with a smile on his face, and then turned to Turning his head to Al beside him, he smiled and said, "What's the attitude of the people at Barclays Bank?"

"It's urgent. In the afternoon, Barclays Bank President Robert Diamond will fly to Washington, hoping to meet with the boss in person to discuss the transaction details..."

"Huh?" Andy couldn't help frowning slightly, and then guessed uncomfortably: "They don't have money, do they?"

"The boss guessed right, they are indeed a little tight at the moment, but they are expected to raise funds through selling stocks to support this transaction." Al replied.

"Ha~ kill two birds with one stone, these British guys really know how to plan carefully, just have a reason to avoid the questioning and condemnation of selling stocks, maybe this group of guys will also hope to use their stocks to exchange for the investment banking and related businesses we want to sell, ha ha , I don’t want anything except cash, but at that time, I can buy Barclays’ stocks and make a fortune, just like that, let our people in the UK prepare in advance.”

"Understand the boss, this transaction is definitely a once-in-a-lifetime opportunity for Barclays. They have always hoped to expand the banking business to the United States and create a world that can directly compete with the US financial giants Citibank, Mg Chase and Bank of America However, even with the acquisition of these assets in our hands, Barclays cannot become a world-class bank overnight. compared to."

Hearing Al's analysis and explanation, Andy nodded slightly. He didn't want to be entangled in this part of the investment banking business. He originally wanted to let his Yingtai Bank absorb it, but although it could make money in this way, but The positioning of Yingtai Bank as a traditional bank in my heart has changed.

He is very clear that the financial turmoil hit these investment commercial banks, and even MG Stanley returned to the traditional banks honestly and separated the investment business.

Since it's useless to keep it in his own hands, it's better to be a second-rate dealer and sell it to make more money, and it's better to feed thousands of people, he's not that big.

"Citigroup, how's the situation at Goldman Sachs?" Andy asked happily, thinking that he could continue shorting to make money.

"Everything is business as usual at Citigroup. They are very afraid of the intervention of the Ministry of Finance and the Federal Reserve, so they have been carrying it to death, and the stock price has been falling all the way. As for Goldman Sachs, the stock price of Goldman Sachs has also been falling, from more than 130 US dollars, to more than 100 US dollars, until now under $90.

According to what we have heard from inside the Federal Reserve, Goldman Sachs wants to change its legal status from an investment bank to a bank holding company. Goldman Sachs believes that as long as the Fed announces that it will supervise their activities, it can reduce the risk of a run on short-term funds. "

"Hmph! This group of guys really has a variety of tricks. Sure enough, there are people in the court who are easy to handle. However, I want to see how much he can do for Goldman Sachs without moral immunity!"

Andy snorted coldly. He was very clear about the plan of this group of guys. If he changed his family, he could accept the direct blood transfusion assistance from the Ministry of Finance and the Federal Reserve without any worries.

"By the way, let the data and data team sort out all the data and evidence of our transaction this time. After the financial crisis, we may not be able to survive alone. The investigation committee established at that time will definitely question us. After all, we are one of the few The power to reap benefits."

"Boss, you can rest assured that the legal team has been participating in the whole process. In order to deal with possible difficulties from the British, our legal team in the UK has added international law experts to prepare for the boss's follow-up plan in Europe."

Al said calmly, regarding these aspects, he, the chief think tank, naturally wants to think ahead of his boss. If the boss has to explain everything, then he can also pack up and leave.

In a high-end restaurant, Andy took Al and members of the think tank to taste a delicious lunch, talking and laughing, and the atmosphere was relaxed, without the worries of other financial people.

And outside the restaurant's floor-to-ceiling windows are a bunch of reporters holding up their cameras to record these scenes, adding some good material for tomorrow's report.

"Sorry, boss, I'll answer the phone first." Al put down the knife and fork in his hand, took out the phone from his pocket, looked at it, and said to Andy with an apologetic face, then stood up after Andy nodded, While picking up the phone, he walked to the side.

After three or four minutes, Al came back with the phone. After sitting down, he leaned forward slightly and lowered his voice to report to Andy Hui: "The call is from GM Stanley, the largest savings bank in the United States, Washington Mutual Bank. Actively looking for a buyer to avoid the risk of bankruptcy, they asked the boss if you are interested?"

"Do we know anything about mutual banks?" Andy put down the knife and fork, picked up the napkin and wiped his lower lip, then took a sip from the red wine glass and asked with a slight frown.

When Andy looked around at the think tank at the dining table, a subordinate who was still chewing food raised his hand, watching him take a quick sip of a glass of mineral water, wiped his mouth with a napkin, and began to speak.

"The bank lost 100 million U.S. dollars last quarter. According to limited data analysis, we expect their subprime-related asset write-downs to reach 100 million U.S. dollars this quarter. The bank expects the total subprime-related losses to reach 100 million U.S. dollars by the end of this year.

Their share price has fallen by % over the year. Rating agencies including Moody's and Standard \u0026 Poor's downgraded the bank's debt to "junk" status this week.

Their balance sheet is very opaque and clear, and they have always refused to disclose the losses related to subprime mortgages. According to our analysis, their losses may be beyond imagination, so they have been trying to cover up the real data, and we have included them in the ranks of toxic bankruptcy. "

After listening to the introduction, Andy gave the other party an appreciative look, then shrugged and smiled at Al: "We must uphold the principle of using the least amount of money to get the most benefit, so let's wait until it goes bankrupt!"

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