Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 141 The Chinese Savior (Part 2)

"It's at 1:00 noon on November 21, Eastern Time, and we are now at the entrance of the Brighton Fed Bank. Today's most important Massachusetts Financial Conference is held in the bank building behind me. This meeting was attended by all the top Brighton financial personnel, including Governor Edward and Brighton Bank e. What they discussed was the Brook Investment Company, which was most affected by the subprime mortgage crisis."

"Just just now, important news came from the Brighton Fed. The financial meeting held in it has ended. All the important people attending the meeting will come out for interviews soon. This is undoubtedly the most exciting moment because he will decide the future financial situation in Brighton Massachusetts and even the entire New England region!"

With the excited tone of reporters at the Brighton Fed's door, the bank building suddenly opened the door, and Governor Edward, Brighton Bank e and other top financial figures walked out of the building. Brooke was also in the crowd, but he was at the end of the team.

All the reporters had been waiting for this moment, so when they walked out of the door, these reporters flocked over like flies that smelled shit. One by one, one held the camera and kept shooting, or stuffed the microphone into their mouths like flesh Ganoderma lucidum. Various problems were like a group of ducks calling.

"Did the meeting just now achieve any results? Which bank is going to help Brooke Investment Company in the end? What role has the state government played? It is just a mediator from it, or does it provide financial guarantees for Brooke Investment Company? Is the state government doing this because of Brooke's senior senator, is it an alternative power protection or personal gain? What impact will it have on the future subprime mortgage crisis?"

Faced with these problems that make people swell, Governor Edward raised his hand to signal everyone to be quiet, and then he said: "Please don't worry, ask questions one by one, and we will tell you the truth within the allowed scope."

Speaking of this, Edward stopped and continued: "First of all, it is about the state finance guaranteed investment to Brooke Investment Company. I can tell you responsibly that this is impossible, because every cent in the state finance is taxpayer's money. This is to be used in places where it is needed, not to pay for financial investors! This is the promise I made to all my supporters at the beginning of my campaign for governor, and now is the time for me to fulfill my promise!"

After Edward, Brighton Bank e also said as a representative of bankers: "As a representative of the bank, we also carefully evaluated Brook Investment Company and the current market situation, and found that for now, Brook Investment Company's net assets are not enough to repay his debts. In other words, Brook Investment Company's one dollar debt is not as simple as one hundred cents. More importantly, Brook Investment Company's debt will trigger credit default swaps."

"I have to admit that these are very serious problems, real problems that no bank or other financial institutions cannot avoid. So the final decision we made was... exiting the action to save Brooke Investment."

The decision made by Brighton Bank e was like a bombshell that caused an uproar in the scene.

"The Massachusetts State Government and Brighton Bank both withdraw from the action to save Brooke Investment Company. Does this mean that everyone is going to give up? Let the subprime mortgage crisis develop, and to teach all subprime mortgage institutions a lesson? Is this a conspiracy between banks and governments?"

The reporters asked excitedly, but Edward and the other bank leaders did not continue to answer any questions. They all left one by one under the escort of the bodyguards.

The reporters did not chase Edward and the others away. They all left by car, and they could not catch up with their legs alone. But more importantly, Brooke, another central figure, had not left, so they quickly turned their attention to him again.

"Senator Brooke, I remember that you promised that your investment company would never go bankrupt, and that the government and financial institutions would never give up. So why would they all unanimously make the decision to withdraw from the rescue today? Is it because your power transaction with them failed, or is it another manifestation of the opposition between the parliament and the state government? Have you been abandoned by the existing financial system?"

Listening to the question from a reporter who was completely surrounded with his ears, Brooke smiled bitterly and said, "I know you all want a big news, so I'll give you a big news. Indeed, the state government and the bank have taken action to withdraw and save, but this does not mean that my investment company is over, because there are already companies that have agreed to purchase the company's equity, and the funds are expected to be in place within a week."

This news shocked all the reporters again, and many people couldn't help but shout an incredible miracle, but what made these reporters even more curious was when the state government and banking groups retreated, which company had such great financial resources and courage to take over such a hot potato.

Faced with the curiosity of all the reporters, Brooke said a name with a tangled look: "Wharton Insurance Company."

This name made everyone stunned because it seemed to be very familiar with everyone, but if you really care about it, you can't remember it.

After a while, someone shouted: "Isn't Walton Insurance a fraud company that was protested before? Isn't this company already under investigation by the FBI? All of its funds have been frozen, and even the company has been smashed? How can it help Brooke Investment Company to prevent him from becoming the first bankrupt company in the subprime mortgage crisis? Brighton's subprime mortgage crisis ended up being a savior from China. This is simply incredible!"

Listening to the surprises around him, Brooke's heart was broken, because at this time he wanted to die the most.

The reason is very simple. As the culprit of sending his son to prison, Zhou Ming wanted to throw him into the Atlantic Ocean to feed fish. Even the previous protests against Wharton Insurance Company and even forced Zhou Ming out of Massachusetts, he instigated Robert to instigate him to instigate him.

But now, he has to accept Zhou Ming's alms and sell him the company he invested in almost his life's financial resources. What's going on?

Brooke looked up at the sky at an angle of 45° above, because he felt that only in this way would he not let tears flow down.

However, in the sky, the scenes that happened at the Brighton Fed just now seemed to be back in front of me again.

Just an hour ago, Brooke was having a meeting with various banks in the conference room on the third floor of the Brighton Fed. At the meeting, these banks asked him about all the assets of the company, including finance and debt, and asked him to tell him about the company's plans for the next stage, how to get the company through the subprime mortgage crisis, etc.

Brooke curled his lips at this, and he complained in his heart that these people should go to get Oscars. Everyone knows that they are just going through the formalities here, but they are still so formal. Even though they are all e-banks from various banks, they can only make decisions. As for now, there are no reporters here anyway, so it is okay for everyone to just play a gambling game here to kill time.

But since these people asked, he had to take out the documents he brought and answered: "These are the property statements of our company. Judging from the documents, our company's account information is very healthy. As for the company's next stage planning, we will try our best to cash out the S contracts we hold to ensure that the company can gradually return to normal operation..."

Before Brooke could finish his words, the door to the conference room was suddenly opened, and then several familiar faces finally came here. They were Christo, the patriarch of the Adams family, Edward, the governor of the Kendian family, Lawrence, and Louis, the patriarch of the Lowell family. These are all the leading figures of the Brighton Consortium.

However, what surprised Brooke was that there was a fifth person behind these people, that was Zhou Ming. What was going on?

Could it be that Zhou Ming is also an important figure in the Brighton Consortium?

Brooke's mind just as this doubt arose, and he was immediately killed by himself, because he was a native of Brighton. He has been with the Adams family for several years and is very familiar with the Brighton Consortium and has never heard of any Chinese clan!

But since that's not, why did Zhou Ming appear here? Could it be that he was arrested? But why was he not wearing handcuffs and shackles on his hands? And what explanation would be given to the soldier king with great force behind him?

Just when Brooke was puzzled, Christo came to the conference table and said, "Gentlemen, I'm sorry to disturb your meeting, but I believe that my next words will have an unexpected impact on you. I know that you are discussing the issue about Brooke Investment Company now, and I also know that reluctantly asking you to help is not the most correct choice, so I discussed it with Mr. Governor and others just now."

Christo did not keep it a secret and directly announced the answer: "Our result is that Mr. Governor does not support the state finances to provide guarantees, and he cannot convince the parliament, nor can he convince himself."

This answer made Brooke stunned at that time. He was shouting in his heart: Wait a minute, of course, it is not the popular husband? But what does this decision mean? Although the guarantee of the state finance is not that important, it is at least an explanation. Without this explanation, wouldn’t it convey the meaning of giving up to these bankers?

As expected, when Christo finished speaking, all the bankers said in a word: "Without financial guarantees, it would be difficult for us to make a decision to continue saving, because we cannot convince our investors and the board of directors would not agree."

Faced with such a situation, Christo was not in a hurry. He continued: "Brook, don't worry, the abandonment of these banks does not mean that you have no chance, because I have found a capital injection for you."

Christo said as he looked behind him before saying, "It's Mr. Zhou Ming's Wharton Insurance Company, who is willing to invest in purchasing equity in your company and assume all your debts."

As Christo said, Zhou Ming walked up step by step and smiled and said to him: "Hello, Councillor Brooke, I know you don't like me, and even hate me, but I am still honored to be the savior of Brooke Investment Company. I hope we can cooperate happily on this issue."
Chapter completed!
Prev Index    Favorite Next