Reinventing the Millennium

Chapter 765 Context

It takes nearly 4 hours to fly from Silicon Valley to Houston and covers more than 3,000 kilometers.

It takes more than 2 hours to fly from Chicago to Houston and spans more than 1,700 kilometers.

Both Fang Zhuo and Comrade Guan Hai were very busy, and this meeting could be described as a two-way trip.

To be honest, Fang Zhuo still has some doubts about this man's motivation for coming to Houston. He is now a congressman from Illinois, and he has to come all the way to visit the Rockets' construction, which is somewhat unjustifiable.

However, a report from the former secretary shed some light on the confusion.

Now Ao Guanhai felt that President Yike and Rockets boss were a bit unjustifiable, so they met in person.

As a congressman, Ao Guanhai has a very good reputation in Illinois. He follows the tradition of using money to do things. However, Yike is a weird company. It only gives benefits and does not mention doing things.

Taking advantage of his free time, because he is a die-hard fan of the basketball team Bulls, and considering some future financial needs, Ao Guanhai finally decided on such a career.

The small lobbying team for the establishment of Yike or Ice Core was headed by the original secretary Zhao Zhishan. She was selected to accompany Fang Zhuo to Japan because she could speak Japanese. Later, when she arrived in the United States, she was conveniently arranged to do this work.

Zhao Zhishan has not made much achievements in Washington, but his work has been relatively smooth after bringing people to Illinois.

The capital of Illinois is Springfield, but people often refer to Chicago as its capital. There is an old joke from World War II. The U.S. military often uses the question of the capital of Illinois as a way to identify spies. Answers to "Chicago" They are their own people.

Before meeting Ao Guanhai, Fang Zhuo reviewed the information provided by Zhao Zhishan. In addition to lamenting the influence of the Jews, he also revised some of his understanding.

For example, in addition to the Jews, there are also more obvious Anglo-Saxons, and the struggle between the two is quite fierce. Goldman Sachs can be a representative of the former, and Morgan calls the latter a typical example.

"Xiao Zhao, do you think he will accept it if I give him a championship ring?"

Fang Zhuo asked Zhao Zhishan for his opinion when he drove to the arena.

"I'm afraid not. The previous contact in Chicago, because I really didn't make any requests... there was some hesitation there, but with the cooperation between MIGA Fund and Goldman Sachs, well, they have a good impression of MIGA." Zhao Zhishan is very careful in his work. , I want to find out the reason for many things. MIGA Fund is quite famous in Chicago.

"Well, give it a try. Everyone loves basketball." Fang Zhuo said with a smile.

Zhao Zhishan fell silent again. She was actually not sure what help such an Illinois congressman could provide for Bingxin's public relations. However, Aoguanhai's development was really good.

He entered politics in Illinois with the strong recommendation of his mentor Minow, replacing state congressman Palmer. Because the latter was running for Congress, he publicly announced that Xiao Ou was his heir to let voters vote.

However, Palmer failed in the election and came back to compete with O'Neill. It is said that he was defeated by Minow and the recently retired Senator Paul Simon, and he had no choice but to withdraw from the election.

Senator Paul Simon has a well-known reputation for taking money to do things, and Xiao O's style in Illinois has been quite influential.

The car arrives at the arena.

Fang Zhuo met Xiao Ao.

However, before shaking hands with each other, he discovered that there was another character Geithner accompanying him on this trip.

Geithner noticed the eyes of the rich man from the East and knew that he was recognized, so he simply acted as a middleman and introduced Xiao Ao and Mr. Fang.

Finally, he shook hands with Mr. Fang and said with a smile: "I heard that Xiao Ao was coming to Houston to play. I thought I had a deposit to withdraw from the MIGA fund, so I decided to come over to see Mr. Fang."

"Mr. Geithner also invested in our fund?" Fang Zhuo was very surprised.

Geithner smiled: "So, I am particularly curious about why the MIGA fund was delivered early and no longer accepts investment?"

Geithner's full name is Timothy Franz Geithner, which is a typical Jewish name at first glance.

He has served in the U.S. Treasury for a long time, and is now the president of the Federal Reserve Bank of New York, and he is the future fiscal steward of Olympic Jr.

However, Fang Zhuo did not expect that the relationship between the two is quite close now, otherwise they would not appear together in Houston.

When Geithner was dealing with the financial crisis, he had a term named after him - the Geithner Plan, also known as the Public-Private Investment Plan, which was intended to introduce private investors and price toxic assets that lacked liquidity through auctions.

As for what are toxic assets, and how to package toxic assets...

Fang Zhuo's thoughts became active.

In fact, Geithner has quite a position now, but what he can control in the future will be more valuable.

Jews sometimes still have a good reputation for doing things.

In the 1930s, the United States passed the Glass-Steagall Act, which was a law to regulate and reform the banking system, with the purpose of preventing speculation in the financial sector.

Rubin, Clinton's Jewish financial steward, promoted the Financial Services Modernization Act in 1999 and repealed the Glass-Steagall Act. This resulted in the merger of Citigroup and Travelers Group, a pioneering move in American financial history. , integrating commercial banking, investment banking and insurance businesses.

After this was accomplished, Rubin went directly to Citigroup, with an annual salary of up to US$15 million.

Summers, who succeeded Rubin, was also a Jew. He strongly supported Rubin's movement to deregulate finance, and later received a job that only required working one day a week, with an annual salary of millions of dollars.

The disciples of Rubin and Summers were none other than Geithner.

In addition to Geithner's direct role as O'Brien's financial steward, Summers also served as his economic adviser.

Fang Zhuo stood in the arena, looking at the smiling Geithner and Xiao Ao, and suddenly had a deep feeling that the prototype of a group was right in front of him.

"MIGA Fund is considering new directions. We have good cooperative relationships with Goldman Sachs and Bank of Washington, and we plan to see if there is any expansion in this area." Fang Zhuo answered questions from customers.

He added: "Because we are not sure about the profitability of the new business, we have temporarily closed the investment to be responsible to our customers."

Geithner listened to the names of Goldman Sachs and Bank of Washington and smiled: "Is it CDO? I heard that MIGA Fund is very active in this area. I still trust your vision and ability."

Previously, due to identity issues, he invested anonymously in MIGA Fund, a private equity fund with astonishing returns, but he was suddenly informed that he would no longer continue, which made him a little regretful.

Fang Zhuoyi heard Xiange and smiled politely: "If you are interested, Geithner, then MIGA Fund will be honored to continue to have a client like you."

He reopened the investment door for this big customer who came to his door.

Compared with Sina's grievances and the uneasiness of the Chamber of Commerce, Geithner's pursuit of profits due to the changes in the MIGA fund is not easy to refuse at this moment.

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