American Fortune Life
Chapter 1005: Golden barbarian
Chapter 1004: 'Robbery' Andy Smith Next »
Chapter 1006: Let Andy accept people who can't but hav
Some people may find it ridiculous, why does Andy Smith threaten a finance minister and his chief of staff, isn't it a threat to bankruptcy?
Take over directly, keep the Fed's blood transfusion, the threat is a bit naive ...
Why are you afraid of the collapse of any crisis-ridden bank, and why do so many banks fail to sell to others as cheap as Bear Stearns?
The subprime crisis that lasted for one year is itself a huge black hole. One after another, the vortex is confusing, and even the people in the vortex do not know the details. How much is the loss caused by the subprime crisis?
How many investment banks and financial institutions have bought loan derivatives?
How does the subprime crisis affect the global economy?
How does the US smooth the subprime crisis?
When will the subprime crisis bottom out?
These questions are not only unclear to the U.S. government, but even Wall Street, which released monsters and created the subprime crisis, is also unclear. It is naturally more difficult for ordinary people to find the exact answer.
This is exactly the terrible aspect of the subprime crisis. The unknown is the scariest!
Just like Geithner, who currently serves as Fed chairman and later Treasury secretary of O'Neal, recalls.
"I don't know how to describe those horrible days, the feeling of crisis, the combination of excessive responsibility and numbness to financial catastrophes.
Inability to control the frustration of the situation, uncertainty about the rescue method.
Fear of good strategies may be the same.
Pain and guilt, loneliness and numbness. "...
No one wants to take the risk, and open the black hole because of recklessness, because the black hole will devour everything, be it good or bad.
Andy Smith knows the coordinates of this black hole and what conditions the black hole needs to open.
The problem is that others do n’t know. Watching him rashly and rashly save money, and never be disadvantaged, others are careful not to step on the mine and be killed. Suddenly such a master comes, and whoever wants to change it Press a neurosis first, don't blow everyone to death!
Andy never considers how much cheap it is to acquire these banks. To put it more thoroughly, these failures, or bankruptcy-protected banks, are willing to take over, which many people want.
During the economic crisis, the number of bank failures in the United States was innumerable. Most of them were taken over by the government and eventually sold out after the crisis passed. No one knows how many of them are taking advantage.
And real bank predators like the Bank of America don't look down on these. They only have Merrill Lynch, a commercial investment bank like mg Stanley.
From another perspective, the US government is also willing to take over people like Andy with good personal credit and huge assets. After all, savings banks are the most common people and the middle class.
Of course, the only thing that is difficult to accept is that Andy wants to pay no penny, borrowing money and even the interest must be guaranteed by the Ministry of Finance, and pack up these banks with ultra-low prices ...
If we really get out of the financial crisis, let him complete the integration, shake off the huge loss of debt burden, it will definitely become a new large US bank.
However, because of Bear Stearns, the Treasury Department and the Federal Reserve have set a precedent for such acquisitions, coupled with the personal assets of Andy, this acquisition method does not seem to have a reason to refuse.
"We can consider the conditions, but we also have the conditions, and you need to agree!" Hamilton did not go to the memorandum of understanding on the table. Although this kind of thing is not legally bound, some people do not need to pass the law to get their own justice. They only need There is something to prove that we have seen, said, understood, reached consensus, and verbal cooperation is fine.
"Speak to hear ..." Andy knows that things are not so simple, transactions have never been unilateral, and threats have great lethality for people who cannot see the future, and because the unknown, the other party will choose not to compromise.
"In the short term, do n’t use your influence and funds to speculate on gold futures again. The dollar ’s rise is exacerbating the rise in commodity prices and pushing up bond yields. We really do n’t want the dollar to fall again this time!” Hamilton face revealed Helpless expression, said the first condition.
"Ha, why are you calling me behind, right, golden barbarians, right? Oh, yes, in the short term ..."
There was a mocking smile on Andy's face, and the Wall Street Journal wrote a report that described gold as "a brutal relic." He Andy Smith is a new generation of golden barbarians.
What to say, now that the "gold barbarians" are struggling to knock on the door of the Fed, claiming that the US dollar has been the victim of excess liquidity and loose monetary policy in the past.
"Shoot twice ... don't rush to refuse first, we will never force you to invest, you can choose to refuse to invest until you have a project you are willing to invest in.
But we hope that you can take two shots like Warren Buffett. After all, both of you have huge amounts of cash in hand. Others can't borrow money in this crisis, and you are exactly who the bank wants to lend you money. The crisis is accompanied by opportunities, and I need not explain this point. These two conditions, if there is no problem ... "
Hamilton said, and stretched out his hand on the table to laugh at the memorandum of understanding: "I'll take it back and return the signed one, after all, I'm just a chief of staff."
"Yes!" After Andy groaned, his eyes flashed with bright light, and he agreed with a sigh, and then he reached out and held Hamilton.
"Happy cooperation!"
"Thank you for your cooperation!"
"Well, after the business talks, talk about personal matters, my invitation was not a joke, Al and I introduced you, he has never praised a person like that, after Paulson left, you will never return Goldman Sachs, how can you help me? "Andy asked earnestly with a sincere smile on his face.
"Oh, thank you for your value, but you already have Al, it is impossible to build another think tank." Hamilton also had a bright eye. He thought he was joking, but was mentioned again and he had to be serious. Think about it.
"No, no, a think tank is enough. How about the new CEO and CEO of Indy Mike Bank?" Andy stared at each other with a gaze.
Hamilton's pupils shrunk slightly, looked at Andy with a dignified expression, and then lowered his head and groaned and said, "I will seriously consider it!"
"Well, I'll wait for your good news and hope to work together in the future. Believe me, working with me will make it easier for you to use your talents than Goldman Sachs!"
Hamilton twitched his face, grinning bitterly: "Mr. Smith, your way of persuading is really ... simple and straightforward, Goldman Sachs, hey, then I will leave first, and I will call if there is news."
"Oh, okay, I'll wait for your good news ... By the way, don't forget the Blue Mountain coffee thing. It is the government's responsibility to protect the rights and interests of our American citizens. If I don't get what I want, You know, the Department of Commerce will definitely receive an anti-dumping adjustment report from Congress. It is also the government's responsibility to protect the competitiveness of American companies, right? "
Andy and Hamilton walked out of the cabin together. Andy looked at the Ivana who came and smiled and said to Hamilton.
"Is this one of the conditions?" Hamilton laughed and teased.
"No, no, I said that this is the responsibility of the government. If I am bullied, it is undoubtedly in the face of the United States. This kind of thing is still a little more and more disturbing for us. You did it with your class, you said, shouldn't you hit it well? "
"Cough ... okay, okay, I will report it and ask the Secretary of State to handle the matter." Hamilton said a little softly, and said helplessly.
"Don't underestimate this matter. This is a business of tens of millions of dollars per year. Blue Mountain Coffee No. 1 is a scarce resource worldwide. This is related to a monopoly market. I am preparing to get high-quality supplies in the United States. The establishment of a coffee chain is also related to taxation, employment issues ... Well, you say, serious!
Andy's seemingly ridiculous tone made Ivana come over with a sweet smile. As a pillow person, Ivana naturally knew that his man was using weight to gain weight.
Sure enough, Hamilton looked serious, "I will inform the State of Yuan with the official documents of the Ministry of Finance!"
Looking at the black spot where the helicopter was going away, Ivana hugged Andy's chest and waist with a smile on her face, clinging to her arms, and smiling softly, "Win?"
The corner of Andy's mouth turned up, showing a confident smile, bowed his head and kissed Honghun, said softly: "Of course!"