American Fortune Life
Chapter 1230: Family reaching out
The news that US Treasury Secretary Paulson knelt on one knee at the Roosevelt Hall to ask for approval of the bail-out plan was spread to the White House and the House of Congress almost in no time. Anger.
"At the time, I was afraid they would 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 Pelo She knelt down. I said, please don't ruin the agreement, she said they wouldn't ... "
In the Oval Office, Paulson also knew that his behavior was a bit reckless, standing opposite the president, explaining with a wry smile, and this time, Xiao Fei Xie, the president who has always liked to joke, this time, his face became a bit indifferent. .
"I am surprised that you have given emergency aid to Bear Stearns, Fannie and Freddie, to ignore Lehman Brothers, and to take care of AIG. What does this mean or does it mean you There are no relevant rules for the so-called bailout. "
Old Smith sat on the sofa, spread his right hand on the back of the sofa, his eyes became incredibly sharp, and Paulson, who turned back slightly, looked indifferently, questioning indifferently.
"In the $ 700 billion emergency rescue plan, how much money are you going to use to rescue those US real estate owners who are facing foreclosure and bankruptcy?" Old Smith's eyes grew colder, not because of Paulson His complexion became iron blue and he kept 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 stigma of history. Obviously neither the president nor the two parties want to be the latter. I believe you don't want to! "
Talking, Old Smith stood up, greeted him with a cold face, and turned to leave the president's office. As for Paulson's mood, he didn't care at all. He walked out of the White House into the car. Old Smith So he took out the phone and called Andy.
"Huh! This is a trick of Paulson, 700 billion, hehe, by buying toxic financial products and saving the crumbling US financial system, he aims to save his close friends on Wall Street and enrich the Goldman Sachs company. In Paulson Goldman Stanley and Stanley may be "the biggest beneficiaries" in their emergency rescue plan.
As for salvation, Goldman Sachs has received up to $ 13 billion in compensation from there ... He will make a show, and he will be a beneficiary whether the rescue plan is passed or not! "
Andy sneered when he heard what his grandfather recounted, and directly opened Paulson's intentions.
"Grandpa, although the introduction of the rescue plan is necessary, they cannot be so successful!"
"Oh, you stinky boy, let's say, what do you want?" Old Smith naturally heard the unwilling tone of his grandson, leaned on the seat of the car, asked with a smile, shaking his head.
"Hey, my Intime Bank wasn't formerly Indy Mack Bank. At the time of its bankruptcy, there were $ 6.2 billion of toxic bonds ..." Andy uttered a laugh on the phone.
"Huh? Shouldn't they all be supervised?" Old Smith asked with a frown.
"Oh, we can come back. Recently, the risk of bank failure has increased again. The federal savings insurance fund that has been consumed is too much. That is all the money of the Shui people. Since Yingtai Bank of China has started to improve, it cannot be seen. Continue to cook ... "
"That's it!" Old Smith was very speechless about his grandson's yin and yang, and he groaned for a moment and said, "Half as a family fund in Yingtai Bank."
In the study room of Shanhai Manor, Andy holding the phone twitched unnaturally, and looked sternly, "20, only the right to dividends, no voting right!"
"Yes!" Old Smith agreed without hesitation, and then reprimanded with a smile: "You stupid boy, for 15 billion dollars, you dare to ask!"
"Oh, grandpa, in fact, I was giving preferential prices. I bought Indy Mike at the time, but the valuation was 13.9 billion. There are so many mergers ..."
"Okay, do you really think I don't know the truth! Forget it, let's do that, hand over those bonds as soon as possible."
Hearing the busy news, Andy shrugged, but his expression on the face did not seem so happy because he might make 3 billion US dollars in vain. The family's hand was still stretched out. Yes, it is impossible to enjoy only the benefits of family power, but he is indifferent.
Although the old Smith was his grandfather, he was first the patriarch of the Smith family. The Smith family maintained its longevity, and it was not just their direct line. Old Smith never considered the interests of a certain individual.
Besides, there is no old Smith ’s plan to save the city and force Wall Street powers represented by Paulson to exchange interests. Even if Andy regains those toxic bonds, can it be his Yingtai Bank, It's really hard to say!
However, in this way, the money can be made steadily, and Intime Bank can be timely expanded again. Although it has always been a negative asset in the hands of Andy, even Forbes was dragged down by him when calculating his total assets. However, this situation may change next year.
After pondering for a while, Andy picked up the phone and called Arvitelli in New York, but just briefly said, let him and Stephen Nubi pass the portion of the toxic bonds that belonged to Indy Mike's original. The agreement was exchanged back.
Alvitre did not follow up, because he knew very well that his boss was unprofitable and had an early personality. There must be some things that he didn't need to know. Since the boss didn't say, he would never ask as much as he is smart.
After explaining this, Andy asked the details of the briefings in the past few days. For the stock market that has been going up and down these days, both Al and Bud have been very dan. After all, they are shorts. Although There is no loss, but the decrease in revenue is the biggest loss in Andy's view.
However, Andy knows that everything is only temporary. Since he knows that the person who finally wins is himself, he must be patient and be able to withstand loneliness and temporary turbulence. In these characteristics, he admires the old hooligan very much. Warren Buffett, the old fox never cared about the gains and losses of the city and the place, as long as he did not meet his psychological expectations, he would never do anything.
After lunch, Andy accompanied Little Laura to play for a while, until Little Laura yawned, Andy lay beside her, humming lullaby, and patted Little Laura to sleep. Lie down hypnotically and take a nap.
Until I was woken up by the buzzing of the phone, I took the phone and looked at it uncomfortably. Sometimes, some people couldn't help thinking about it. The call was from Warren Buffett.
The content of the call was that Buffett revealed to Andy that under the impetus of the Ministry of Finance, Goldman Sachs is secretly negotiating with Wachovia Bank. He would like to ask Andy if he is interested in investing in the merged Goldman Sachs Midea company with him.
At first, Andy still thought that Buffett was joking. The Treasury pushed it? Or did Goldman Sachs annex Midland?
"Warren, if you are serious, I can only say that 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: "Goldman's Byron originally wanted to convince me to invest in them. , But they have this new idea again, huh. "
"Well, I know that you old fox is entertaining me. You ruined my lunch break! Although this seems to be a perfect deal, how many of them dare to do this?
Hehe, a company that is currently the Minister of Finance, and another company that is a retired vice chairman from Goldman Sachs, or a former deputy finance minister, has blatantly ordered and supported the merger, given financial support, then they will definitely be sent. In court, any moral immunity does not work! "
"Okay, Andy, it seems that you little guy is smarter and understands better than those people, but seriously, if Goldman Sachs becomes a bank holding company, are you interested in investing?" Warren Buffett seems to be It was long known that Andy would see through, and he continued to ask.
"I'm not interested for the time being, it's not the time to make a shot. You know this better than me, and Goldman Sachs and I don't have such a deep root as you and them." Andy said in a serious tone.
"Yeah, Yuanyuan ... I still remember the scene of my father visiting Goldman Sachs when I was 10 years old. Before leaving, Sidney, then the senior partner of Goldman Sachs, hugged me and asked me tenderly: Your favorite Where do you know stocks, Warren? Oh, time is running out, I never thought that this would happen in decades. "
Listening to Warren Buffett's emotions, Andy couldn't help laughing. "Since they need your bailout funds and reputation endorsement. Isn't this the moment you should be most greedy? There is an old saying in the dynasty, man is a fish, I am a knife, casual You like it, you can kill it! "