Chapter 1004 Robber Andy Smith
"Survival or death has become an unavoidable question for Wall Street giants."
Andy held a cigar with his left finger, his back pressed against the sofa, his face was smiling, his whole posture was relaxed, and he said to Hamilton in a plain tone.
"The subprime mortgage pussy has completely broken down. What's ridiculous is that some companies are now making a fuss because of the marriage between Bear Stearns and G Chase's gun, which has temporarily relieved the market's worries."
Andy's exaggerated voice was imitating the ridiculously sharp cheers.
"Oh God, the worst period of the US subprime mortgage crisis may have passed!"
Hamilton looked at the funny Andy with a laugh and cry, and the endless ridicule he showed, and said helplessly.
"The reason for taking decisive measures against Bear Stearn and providing government guarantees was mainly because the market was not mentally prepared for Bear Stearn's bankruptcy at that time, and Bear Stearn had close ties with other financial institutions. Once it went bankrupt, it would cause an unpredictable blow to the entire financial system.
Although public opinion has doubts about using money from shui people to help Wall Street investment banks, from the perspective of effectiveness, the Fed's actions have eased market worries to a certain extent..."
"puff"
Andy gave out a bit of smoke frivolously, and passed by like a sharp arrow in the air. The corners of his right mouth and right eyebrows were raised, and he looked at Hamilton with a smile.
"Maybe you don't know that there is a saying in the Celestial Empire that before everyone dies, they often feel full of excitement. They meet relatives, explain their last words, and then..." Andy reached out and pinched his neck, rolled his eyes, and chuckled, "This is called a return to the light!"
"I'm very happy that these idiots continue to be optimistic. Only in this way can I make more dollars. Haha, don't look at me like this. I've said it a long time ago, but no one believes it. I'm not an idiot. How could such a good opportunity be missed?
Paulson is willing to be a father to Wall Street. Who can say anything? Besides, aren’t you always using methods such as devaluing the dollar to make the world pay for the financial crisis that originated in the United States?”
Hamilton narrowed his eyes slightly and sighed, "To keep the dollar exchange rate "freely falling" in order to stabilize the economy, it has caused strong concerns and dissatisfaction among all countries."
"The US dollar is our currency, their problem!" Andy raised his legs and nested into the sofa, saying with a smile that the most desirable side of the United States is.
"It's the truth. I don't need to contact you now. It's not the time." Andy looked at Hamilton and frowned slightly, with a look of wishing to hear the details. He continued to smile: "If it weren't for my chief think tank Alvetre, oh, yes, you call him Vulcan, he told me you are a very outstanding talent. If it were someone else, I wouldn't pay attention to it. I know very well that you want me to be at peace, but what I want to say is, go to Damn!"
"You can go back and tell Paulson that this is the beginning. Next, I will use high leverage to impact all the garbage companies on Wall Street, Citigroup, Merrill Lynch, Stanley, Aig, Lehman, Freddie Mac, Fannie Mac... I will bite them bit by bit!"
Andy leaned forward suddenly, his eyes full of cold and bloodthirsty eyes, revealing a mouthful of white teeth, and gritting his teeth in anger, one by one from the company one by one.
Hamilton's entire face became gloomy, and his hair stood up a little when he was staring at Andy's forced gaze, and cold sweat appeared on his forehead.
"Others may not know it, you should be very clear. G Chase's acquisition of Bear Stearns seems to be forced, but he has obtained hundreds of billions of assets, and the Federal Reserve endorses them. The biggest beneficiary is G Chase. I just made a little bit of money, and you jumped up and down. I really thought I was a muddy, ah?!"
Hamilton's body trembled slightly, and he looked at the scene that he had never imagined with a tense expression. His handsome face became cold and ferocious, and his eyes were full of anger. He was completely ruthless and had no sunny smile.
"There is a saying in the Celestial Empire that blocking people's wealth is like killing parents! Bear Stearn Commercial Bank has been established in 1997 and has laid out its retail and consumer goods markets across the United States. It has invested more than one billion US dollars in retail in Rabbit Country. Not to mention coastal cities, even inland second-tier cities have invested 50 to 60 million US dollars. But you sold the entire Bear Stearn at a price of two dollars per share, saying that you punish Bear Stearn, a group of people raised by a green pool!"
Hamilton was not angry at Andy's curse, but answered his questions. So that's it. Bear Stearns Commercial Bank is indeed a relatively high-quality part of all assets. If he follows the normal bankruptcy protection procedures, Bear Stearns will definitely be divided up.
A feast was stopped. No wonder the young billionaire in front of him cursed and smiled bitterly in his heart. Perhaps the other party was about to criticize the Finance Minister Paulson, and he was so desperate that he had to see him. Well, he became the person being criticized.
After venting his anger and depression, Andy leaned on the sofa relaxed again, and the expression on his face became much colder. To be honest, he had to find the place for this depression, and this was undoubtedly intercepted by someone halfway.
"California Bank..." Hamilton took the lead in breaking the deadlock after a brief silence in the study.
"Indymike Bank's main business is to securitize mortgage loans. You don't need to ask me. I think you know more about its fragility than me, and it will inevitably close down and go bankrupt. Even if it doesn't want to, I will help it, haha..."
Hamilton suddenly felt a creepy feeling when he heard Andy's sudden laughter. He looked at Andy with a burning look and he heard a message that made people's scalp numb.
"Indymike is just a prelude. As the US real estate market continues to decline, investors will be more worried about the US housing mortgage market. The panic will put the two giants Fannie Mae and Freddie Mae in trouble..."
Andy was not afraid of the other party's direct showdown as if he knew the answer. This was the general trend. Even if they knew it, it was useless. Even if they actively responded, they still had to fall. The global financial crisis did not mean that they could avoid it by knowing it in advance. The pit was already there, and there was no choice to step on it. The only thing was to hope that they would not fall to death when they fell. Andy had the ability to push them hard behind them and smash them to death.
"Mr. Smith, you know, that would be a huge disaster..." Hamilton warned anxiously. He knew that Andy Smith had a lot of things that he had not explained, and he knew that the other party would never do anything. One thing Andy Smith had been doing was to establish his personal influence among the people, control the media, guide public opinion, and according to him and his bastards who were asking for money, it is certain that artificially create panic.
The "two houses" are private enterprises, but they also operate as "government-authorized enterprises". Their main business is to acquire loans in the secondary market of mortgage loans in the United States, and to raise funds at low cost by issuing institutional bonds or securitized mortgaged bonds to investors to earn interest rate spreads.
Considering the huge scale of the "two-household" and its importance to the financial system, the collapse of any company in the "two-household" "will be huge turmoil for the US and global financial markets."
"Disaster? Haha, I found that you and our Little Flying Shoes President clearly know that he is exporting decline to the world and doing things that harm others and do not benefit himself. In your eyes, what is happening now is not a disaster?"
Andy sneered and complained, then slapped his head suddenly and said suddenly: "That's right, this is just the fuse of the financial crisis, and it's in the overture stage..."
"We agree with your willingness to acquire Indymike Bank!" Hamilton's face became extremely ugly. Even though the study was very cool, it made him sweat appear on his back. Once the two houses went bankrupt, he could not imagine what would happen.
"Three bankrupt Miami Valley banks, Douglas National Bank of Missouri, Hume Bank of Missouri, and the upcoming bankrupt Arkansas Anb Financial National Association Bank, Minnesota First Integrity Bank, plus Indymike Bank, sold to me $0 billion in packages, Treasury guarantees, Federal Reserve interest-free lending..."
Andy spoke in Storm English with expressionless expression, almost without blinking, then took out a folder from the side and threw it directly to the opposite side.
Chapter completed!