American Fortune Life

Chapter 1230 The Family Reaching Out

It didn't take long for the news that US Treasury Secretary Paulson knelt down on one knee for the donkey party Pei Po in the Roosevelt Hall to ask for the bailout plan to pass through the White House and both houses of Congress. Angry.

"At that time, I was worried that they would go out and say something inflammatory, so I suddenly appeared in the Roosevelt room. When they saw me, they were not very happy. I wanted to bring some happiness to everyone, so I asked Pello Xi knelt down. I said, please don't break the agreement, and she said they won't..."

In the Oval Office, Paulson also knew that his behavior was a bit reckless. Standing opposite the president, he explained with a wry smile. However, this time, the president who always likes to joke, Little Flying Shoes, the expression on his face became a little indifferent. .

"I'm surprised you bailed out Bear Stearns, Fannie Mae, and Freddie Mac, ignored Lehman Brothers, and looked after AIG. What does that mean? Does it mean you There are no relevant rules for the so-called bailout.”

Old Smith was sitting on the sofa, with his right hand spread out on the back of the sofa, his gaze became extremely sharp, and he stared at Paulson, whose expression changed slightly when he turned around, and asked in a cold voice.

"In the $700 billion emergency rescue plan, how much money are you going to use to rescue those American property owners who are facing foreclosure and bankruptcy?" Old Smith's eyes became colder, not because Paulson His face turned livid and he remained silent.

"This financial crisis and rescue operations will change the fate of many people. Some will become heroes, while others are destined to be nailed to the pillar of shame in history. Obviously, neither the president nor the two parties want to be the latter. I'm sure you don't want to either!"

As he said that, Old Smith stood up, greeted President Xiao Feixie with a stern face, and then turned and left the presidential office. As for Paulson's mood, he didn't care at all. He walked out of the White House and got into the car. Old Smith He took out his phone and called Andy.

"Hmph! This is Paulson's ruse, 700 billion, hehe, by buying toxic financial products and saving the crumbling US financial system, he aims to save his Wall Street cronies and enrich and strengthen Goldman Sachs. In Paulson Goldman Sachs and Stanley may be "the biggest beneficiaries" of the emergency rescue plan.

As for the bailout, Goldman Sachs got a payout of up to $13 billion from there. . . He will put on a show, no matter whether the bailout plan is passed or not, he will be the beneficiary! "

When Andy heard what his grandfather told him, he sneered, directly revealing Paulson's intentions.

"Grandpa, although the release of the bailout plan is necessary, they cannot be allowed to succeed so easily!"

"Hehe, you brat, tell me, what do you want?" Old Smith naturally heard his grandson's unwilling tone, leaned on the car seat, shook his head and asked with a smile.

"Hey, isn't the predecessor of my Yingtai Bank IndyMac Bank, when it went bankrupt, there were $6.2 billion in toxic bonds..." Andy laughed dryly on the phone.

"Huh? Shouldn't they all be supervised?" Old Smith asked with a slight frown.

"Hehe, we can come back. Recently, the risk of bank failure has increased again, and the federal savings insurance fund has been consumed too much. It is all the money of the taxpayers. Since Yingtai Bank has begun to improve, naturally we can't see it. Continue to take the blame..."

"Okay!" Old Smith was very speechless about his grandson's eccentric words. After pondering for a moment, he said, "Half of the family funds will be invested in Yingtai Bank."

In the study room in Shanhai Manor, the corner of Andy's mouth twitched unnaturally while holding the phone, and his expression became serious, "20, only dividend rights, no voting rights!"

"Yes!" Old Smith agreed without hesitation, and then reprimanded with a little angrily: "You brat, you actually paid 15 billion U.S. dollars.

How dare you ask for a price! "

"Hehe, grandpa, in fact, the price I gave was definitely a preferential price. I bought IndyMac at a valuation of 13.9 billion, and so many companies have been merged..."

"Come on, you brat really think I don't know the truth! Forget it, let's do it, hand over those bonds as soon as possible."

Hearing the busy message, Andy shrugged his shoulders, but the expression on his face didn't look so happy because he might earn more than 3 billion dollars in vain. The family's hand still stretched out, but that's okay, after all, something has to be paid Yes, it is impossible to only enjoy the benefits of family power, but not take away anything.

Although Old Smith was his grandfather, he was first and foremost the patriarch of the Smith family. The Smith family maintained its prosperity for a long time, not just their direct lineage. Old Smith never considered the interests of a certain person.

Besides, this matter did not have the old Smith stuck in the bailout plan and forced the Wall Street forces represented by Paulson to exchange interests. Even if Andy got back those toxic bonds, could it be his turn for Yingtai Bank? It's really hard to say!

But in this way, the money can be earned steadily, and Yingtai Bank can be expanded in due course. Although it has always been the negative equity in Andy's hands, even Forbes was dragged down by it when calculating his total assets. However, this situation may change next year.

After contemplating for a while, Andy picked up the phone and called Alvetrie in New York. He simply said that he and Stephen Nuby should pass the part of the toxic bonds that belonged to IndyMac through their hands. Protocol exchange back.

Alvetrie didn't ask any further questions, because he knew very well that with his boss's unprofitable character, there must be some things that he didn't need to know. Since the boss didn't say anything, he would never ask too many questions if he was as smart as he was.

After explaining this matter, Andy asked about the details of the briefings in the past few days. Regarding the ups and downs of the stock market in the past few days, both Al and Bud were very distressed. After all, they were short sellers, although There is no loss, but the reduction in income is the biggest loss in Andy's view.

But Andy knows that everything is only temporary. Since he knows that he is the one who wins in the end, he must be patient and be able to endure loneliness and temporary turmoil. In these characteristics, he admires the old rascal very much Warren Buffett, this old fox has never cared about the gains and losses of a city or a place. As long as his psychological expectations are not met, he will never take any action.

After lunch, Andy played with little Laura for a while, until little Laura yawned, and Andy lay on her side, humming a lullaby softly, patted little Laura to sleep, and he himself was Hypnotically lay down and took a nap.

Until he was woken up by the buzzing sound of the mobile phone in a daze, he took the mobile phone and glanced at it with some discomfort. Sometimes, some people and some things really can't help but talk about it. The call is from Warren Buffett.

The content of the phone call was that Buffett revealed to Andy that under the impetus of the Ministry of Finance, Goldman Sachs was secretly negotiating with Wachovia Bank, and he wanted to ask Andy if he was interested in investing with him in the merged Goldman Sachs Midland Company.

At first, Andy thought that Buffett was joking, the Ministry of Finance pushed? Or the Goldman Sachs takeover of Midland?

"Warren, if you're serious, all I can say is this is a waste of time."

Andy's words were very direct, but Warren Buffett didn't seem to care. Instead, after analyzing this possible new combination for Andy, he smiled kindly: "Byron of Goldman Sachs originally wanted to persuade me to invest in them." , but they have this new idea, hehe."

"Well, I knew you old fox was entertaining me, you ruined my lunch break! Although this seems like a perfect deal, how dare they do it?

Hehe, a company owned by the current finance minister, and another company run by a retired vice chairman from Goldman Sachs and the former deputy finance minister, blatantly order and support the merger, and give financial support, then they will definitely be sent Courts, no moral immunity whatsoever! "

"Well, Andy, it seems that you, the little guy, are much smarter than those people and understand better, but seriously, if Goldman Sachs becomes a bank holding company, are you interested in investing?" Warren Buffett seemed He knew that Andy would see through it, so he continued to ask kindly.

"I'm not interested for the time being. Now is not the time to make a move. You know this better than me. Moreover, Goldman Sachs and I don't have as deep a relationship as you do with them." Andy said in a very serious tone.

"Yeah, Yuanyuan... I still remember the scene of visiting Goldman Sachs with my father when I was 10 years old. Before leaving, Sidney, the senior partner of Goldman Sachs at that time, hugged me and asked me tenderly: What do you love most?" How do you like stocks, Warren? Hehe, time flies, and I never thought that such a scene will be ushered in decades later."

Hearing Warren Buffett's sentiments, Andy couldn't help laughing and said: "Since they need your bailout funds and reputation endorsement, isn't this the moment when you should be greedy? There is an old saying in China, people are fish and meat, I am Daozu, whatever you want You can kill it however you like!"

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