American Fortune Life
Chapter 1069: 3 billion and 50 billion exchanges
Chapter 1068: Forced to come to your door Next »
Chapter 1070: Good show opening (four more thanks to t
"So how are you going to thank me?" Paulson took a sip of coffee and put the coffee cup on the desk. He stared sharply at Andy and asked.
"Thank you." Andy thanked Paulson sincerely. ...
Paulson and Hamilton hadn't responded at first, thinking that there was nothing more, but after staring for ten seconds, Nima understood it. The bastard's so-called gratitude was just a ‘thank you’.
Both of them had black lines on their foreheads, and Paulson was directly laughed at, and he thought too much, how could he expect anything from the young **** in front of him.
"Well, Mr. Smith, let's not go round. I came here today in the hope that you can fulfill the agreement. You have already got everything you want. You can tell me the news you said and mastered at the dinner last time! "
Paulson closed the smile on his face, stared at Andy on the opposite side, and went straight to the subject.
"Hey, Your Excellency the Finance Minister, don't mention the acquisition of the bank. I'm really stuck by fdi. No wonder they can't wait to conclude a deal with me. The bad assets and subordinated bonds of the original Indy Mack Bank are really amazing. You do n’t know. I have meetings all day now to discuss how to reduce losses. Hey, sorry, two people, I ’m ... I ’m going to the meeting again soon, or I ’ll invite the two together at noon. lunch……"
With a frowning expression, Andy looked at his watch, and looked like he was annoyed by the troubles of the bank. He complained to the two guests without paying attention to Paulson's question.
"Andy, you can't be too greedy ..."
"Huh? Am I greedy?" When I heard Paulson's groan, Andy, who was still frowning, changed his whole face into a sneer, and a questioning interrupted Paulson's words. .
"The $ 10 billion loan and the acquisition of four failed banks have in return the stagnant US stock market and two promises to help, and my abandonment of the gold market. The most important thing is that this is a win-win situation. FDI is eager to find Xia Pan, and I'm interested in the banking industry, can also curb the continued spread of run ...
Don't you think this is a very fair deal? I have solved the big trouble for you, my Excellency the Treasurer, our transaction has ended, and we do n’t owe each other, do n’t we? "
Andy's mouth is upturned, with a slight smile on his face, straightening his arms, placing the coffee cup on the desk, supporting his arms and elbows on the armrest of the boss chair, his hands crossing his fingers in front of him, his voice is a bit clear Come on. ...
Paulson froze slightly, opened his mouth and frowned, and wanted to say something, but Andy Smith's words couldn't be refuted, but Andy in front of him was indeed a nasty asshole.
His boss was stunned and speechless. Hamilton, the chief of staff, naturally would not watch the boss in an awkward situation, and looked at Andy and said, "But we contributed to the early takeover of Indy Mike Bank, and this is no doubt I'm helping you ... "
"I am very grateful, really, you are very good partners." Andy shameless continued to use a word of thanks to turn things around, Hamilton was almost spit out of old blood. ...
Paulson looked somber and Andy's clear and fearless gaze, neither of them gave the slightest concession.
"Say, what do you want this time? Don't go too far!" Paulson almost gritted his teeth. To be honest, since taking over the position of Treasurer of the Xiaofei Shoe Government, he has basically been sitting in a On the crater, he will stop wherever there is fire.
Not only was he tiring, but he also had to face the troubles and **** of the two courts. To be honest, he really regretted sitting in this laborious and unpleasant position and dealing with a group of greedy and selfish vampires. The negative energy he accumulated was really Too much.
Well, even if he himself was the same person as them, after all, he was the chairman of the Goldman Sachs Group. He is also the manufacturer and participant of the current subprime crisis.
"No way, the current bond market is at a standstill. Sorting out the bad assets of Indy Mike Bank is our biggest headache at present. The US $ 3 billion mbs bond has become a cancer that banks cannot escape ...
I know that the Fed has launched an innovative liquidity support tool, tslf, which is an asset swap agreement that replaces tier one securities dealers' pledged assets with Treasury bonds at auction and is returned after maturity. The validity period is six months.
It's a pity that we are new to the banking industry. We have a weak background and a small family business, but we can't compete with those large institutions like two-bedroom and Lehman. The hope of taking pictures is very slim, and the validity period is a bit short. We are really fast. I'm sad ... "
The faces of Paulson and Hamilton suddenly changed color. It was a bit unacceptable to Andy's appetite. He wanted to use 3 billion toxic bonds to exchange for government bonds of the same value in one mouth. what!
You should know that these government bonds can be used as collateral, and the par value of the area is the same. The form of auction can allow the Fed to reduce losses, even through the rescue of the market, to survive the most difficult stage, and wait for the real estate market to pick up a small profit .
But the one-to-one ratio conversion is undoubtedly an unacceptable thing for the Fed, even if the scale of 3 billion compared with 75 billion is not large, but this is undoubtedly the Fed to bear the full risk of this part of mbs.
Being so greedy at a young age, Andy refreshed Paulson's impression of him again.
"Oh, 3 billion swap of national debt ... Andy, am I really curious about your news?"
Andy paid no attention to the sneer and irony in Paulson's face, but just smiled slightly.
"Don't say it, the 3 billion government bonds can't be exchanged. I'm very lossy, it's very, very lossy! But who makes us friends and partners? It ’s a big deal, and it ’s useless for me to grasp the news ... Oh, no, it ’s not useless, but powerless! ”
"Oh, right, since there is nothing we can do, let us say, maybe we can deal with ..."
This time, Andy was like a gimmick with no idea. He didn't continue to cover up and said, "In fact, it's nothing, it's just a Ponzi scheme worth 50 to 60 billion. Alas, the problem is this The big scam cannot be sustained because of this economic crisis, so ... "
Then, in Paulson's panic and Hamilton's stunned, Andy's face showed a very bright smile, a big white tooth, and his hands made an explosion gesture.
"Bd ..."