Chapter 1230: The family reaches out and shares the divine sword
The news that US Treasury Secretary Paulson knelt on one knee to the donkey party Pepper in Roosevelt Hall and asked for a rescue plan to spread the news spread throughout the White House and the House of Congress almost didn't take long, which made the Elephant Party members, including the president, angry.
"At that time, I was worried that they would say something inflammatory when they went out, 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 knelt down to Pelosi. I said, please don't ruin the agreement, she said they would not..."
In the Oval Office, Paulson also knew that his behavior was a bit reckless and reckless. He stood opposite the president and explained with a wry smile. However, Xiao Feixiang, the president who has always liked to joke, had a somewhat indifferent expression on his face.
"I wondered what you gave emergency assistance to Bear Stearns, Fannie Mae and Freddie Mae, ignored Lehman Brothers, and took great care of American International. What does this mean does it mean that there are no relevant rules for your so-called rescue."
Old Smith sat on the sofa, spread his right hand on the back of the sofa, his eyes became extremely sharp, and he stared at Paulson, whose face changed slightly, and asked indifferently.
"How much money do you plan to use to rescue American real estate owners who are facing foreclosure and bankruptcy in the $700 billion emergency relief program?" Old Smith's eyes became colder and did not stop because Paulson's face turned pale and remained silent.
"This financial crisis, rescue operations, will bring the fate of many people. Some people will become heroes, while others will be destined to be nailed to the pillar of shame in history. Obviously, neither the president nor the two parties want to be the latter. I believe you don't want to do it either!"
As he said that, Old Smith stood up, greeted President Xiao Feishao with a cold face, and then turned around and left the president's office. As for Paulson's mood, he didn't care at all. He walked out of the White House and got into the car. Old Smith took out the phone and called Andy.
"Hmph! It's a trick of Paulson, 700 billion, hehe, he aims to save his close Wall Street friends and enrich Goldman Sachs in Paulson's emergency relief program, perhaps "the biggest beneficiaries of them."
As for the rescue, Goldman Sachs received a maximum compensation of $13 billion from there... He will make a show, and he will become a beneficiary regardless of whether the rescue plan is passed or not!"
When Andy heard what his grandfather reposted, he sneered and directly exposes Paulson's intentions.
"Grandpa, although the release of the rescue plan is necessary, they cannot succeed so easily!"
"Haha, you little brat, tell me, what do you want?" Old Smith naturally heard his grandson's unwilling tone, leaned on the car seat, shook his head and asked with a smile.
"Hehe, my Yingtai Bank was not the former Indymike Bank. When it went bankrupt, there were 6.2 billion US dollars of toxic bonds..." Andy's dry laughter came from the phone.
"Hmm? Don't they all be supervised?" Old Smith asked with a frown.
"Haha, we can come back. The risk of bank bankruptcy has increased again recently. There are too many federal savings insurance funds consumed. It is all the money of the shui people. Since our Yingtai Bank has started to improve, we naturally cannot watch and continue to take the blame..."
"Okay!" Old Smith was speechless about his grandson's sarcastic words. After pondering for a moment, he said, "Half of them are invested in Yingtai Bank as family funds."
In the study room in Shanhai Manor, Andy, who was holding the phone, twitched unnaturally a few times, and his face became serious, "20, there is only the right to dividends, no right to make voting!"
"Yes!" Old Smith agreed without hesitation, and then scolded with a angrily smile: "You little brat, you actually cost $15 billion. You really dare to ask for the price!"
"Haha, grandpa, I actually gave me a discount price. I acquired Indymike at that time, but the valuation was 13.9 billion yuan, and so many companies were merged..."
"Okay, you guy really think I don't know the truth! Forget it, let's just hand over the bonds back as soon as possible."
Hearing the busy voice, Andy shrugged, but the expression on his face did not seem so happy because he might make over 3 billion dollars in vain. The family still stretched out his hand, but it was good that he had to pay. It was impossible to just enjoy the benefits of family power, but he was silent.
Although Old Smith is his grandfather, he is the patriarch of the Smith family first. The Smith family has maintained its prosperity, and they are not the only one of them. Old Smith never considers the interests of a certain person.
Besides, there is no plan to save the market in this matter, and forced Wall Street forces represented by Paulson to exchange interests. Even if Andy gets back the toxic bonds, it is really hard to say whether it will be his turn to Yingtai Bank!
However, in this way, the money can be made safely, and Yingtai Bank can be expanded in time. Although it has always been a negative asset in Andy, and even Forbes was dragged down by it when calculating the total number of his assets, this situation may be changed next year.
After pondering for a while, Andy picked up the phone and called Alvetre in New York. He simply said it, and asked him and Stephen Nubby to exchange the original toxic bonds belonging to Indy Mac through an agreement.
Alvetre did not ask questions because he knew very well that with his boss's character of not being able to get up early without profit, there must be something he didn't need to know about. Since the boss didn't say it, he would never ask too much if he was as smart as he was.
After explaining this, Andy asked about the details of the briefing in the past few days. The stock market that has been rising and falling in the past few days has caused Al and Bad to be very distressed. After all, they are short sellers. Although there is no loss, the reduction in returns is the biggest loss in Andy's opinion.
However, Andy knew that everything was only temporary. Since he knew that the person who won in the end was himself, he had to be patient and able to endure loneliness and temporary turmoil. In terms of these characteristics, he admired the old hooligan Warren Buffett. This old fox never cared about the gains and losses of a city and a place. As long as he did not meet his psychological expectations, he would never make any moves.
After lunch, Andy played with Little Laura for a while until Little Laura yawned. Andy lay on her side, humming a lullaby and patting Little Laura to fall asleep. He himself was hypnotized and fell asleep to nap.
Until I was awakened by the buzzing sound of my phone in a daze, I took the phone and looked at it. Sometimes, some people and some things really couldn't help but mutter that the phone was called by Warren Buffett.
The content of the phone call was Buffett revealed to Andy that under the promotion of the Treasury Department, Goldman Sachs was secretly negotiating with American Bank. He wanted to ask Andy if he was interested in investing in the merged Goldman Sachs United with him.
At first, Andy thought Buffett was joking, the Treasury Department promoted it, or was it Goldman Sachs annexed the American Union?
"Warren, if you're serious, I can only say it's a waste of time."
Andy's words were very direct, but Warren Buffett seemed to care. Instead, after analyzing this possible new combination for Andy, he smiled kindly: "Byron of Goldman Sachs originally wanted to convince me to invest in them, but they had this new idea again, haha."
"Well, I knew you, the old fox, were just enjoying me, you ruined my lunch break! Although this seemed like a perfect deal, what dares them do this?
Haha, a company that is currently the Finance Minister, and another company that is a retired vice chairman of Goldman Sachs or a former vice minister of finance. They blatantly order and support the merger and provide financial support, and then they will definitely be sent to court, and no moral immunity can work!"
"Well, Andy, it seems that you are much smarter than those people, and you can see more clearly. But to be honest, if Goldman Sachs became a bank holding company, would you be interested in investing?" Warren Buffett seemed to have known that Andy would see through and continued to ask kindly.
"I'm not interested for the moment, and now is not the time to take action. You know this better than me. Moreover, Goldman Sachs and I don't have as deep connections as you and them." Andy said in a serious tone.
"Yes, Yuanyuan... I still remember the scene of visiting Goldman Sachs with my father when I was 10 years old. Before leaving, Goldman Sachs' senior partner Sidney hugged me and asked me warmly: What do you like most? Warren? Haha, time flies, I never thought that this scene would come decades later."
Listening to Warren Buffett's feelings, Andy couldn't help but tease: "Since they need your rescue funds and reputation endorsement, isn't this the most greedy moment you should be? There is an old saying in the Celestial Empire: People make fish and meat, I am the knife and chop, whatever you like, you can slaughter it!"
Chapter completed!