It didn't take long for U.S. Treasury Secretary Paulson to kneel down on one knee in Roosevelt Hall to ask for a bailout plan to be passed through the White House and both houses of Congress, much to the outrage of the Elephant Party, including the president.

"At the time, I was worried that they would go out and say something inflammatory, so I suddenly showed up in the Roosevelt room. When they saw me, they weren't too happy. I wanted to bring some joy to everyone, so I knelt down to Pelosi. I said, please don't ruin the agreement, she said they won't... ”

In the Oval Office, Paulson also knew that his behavior was a little reckless and rash, standing opposite the president, explaining with a wry smile, while the expression on his face became a little indifferent this time, the president who always liked to joke.

"I find it strange that you have given emergency relief to Bear Stearns, Fannie Mae, and Freddie Mac, and that you have ignored Lehman Brothers, and that you have taken good care of AIG. What does that mean? Does that mean there are no rules for what you're calling a bailout?"

Old Smith sat on the couch, his right hand spread out on the back of the couch, his eyes became extremely sharp, and he looked at Paulson, whose face had changed slightly, and asked in a cold voice.

"In the $700 billion emergency rescue plan, how much money are you going to use to bail out American property owners who are facing foreclosure and bankruptcy?" Old Smith's eyes became colder and colder, and he did not stop as Paulson's face turned blue and remained silent.

"This financial crisis, the bailout, will change the fate of many people, some will become heroes, others will be nailed to the pillar of shame in history, obviously neither the president nor the two parties want to be the latter. I'm sure you don't want to either!"

As for Paulson's mood, he didn't care at all, walked out of the White House and got into the car, and the old Smith took out the phone and called Andy.

"Hmph! This is a ploy by Paulson, 700 billion, hehe, he aims to save his close friends on Wall Street and enrich Goldman Sachs by buying toxic financial products and saving the crumbling US financial system. Goldman Sachs and MG Stanley were perhaps "the biggest beneficiaries" of Paulson's emergency relief plan.

As for saving AIG, Goldman Sachs received up to $13 billion in compensation from AIG... He's going to put on a show, and he'll be the beneficiary of the bailout plan whether it passes or not!"

Andy heard what his grandfather relayed, and with a sneer on his face, he directly lifted Paulson's intentions.

"Grandpa, although the introduction of the rescue plan is necessary, it can't be allowed to succeed so easily!"

"Hehe, you stinky boy, tell me, what do you want?" Old Smith naturally heard his grandson's unwilling tone, leaned back in the car seat, shook his head and asked with a smile.

"Hehe, my Yingtai Bank was not the IndyMac Bank, and when it went bankrupt, it had $6.2 billion in toxic bonds... Andy's dry laughter came over the phone.

"Isn't it supposed to be regulated by the FDIC?" asked Old Smith, frowning slightly.

"Hehe, we can come back, the risk of bank failure has increased again recently, and the Federal Savings Insurance Fund is too much to consume, and it is all the money of the people, since our Yingtai Bank has begun to improve, we naturally can't watch the FDIC continue to take the blame。。。。。。 ”

"Okay!" Old Smith was speechless at his grandson's somewhat yin and yang strange words, and after a moment of silence, he said, "Half of it will be used as family funds to invest in Yingtai Bank." ”

In the study room in Shanhai Manor, the corners of Andy's mouth, who was holding the phone, twitched unnaturally a few times, and his face couldn't help but become serious, "20%, only the right to dividends, no voting decision-making power!"

"Yes!" Old Smith agreed without hesitation, and then reprimanded with some anger: "You stinky boy, you actually made a price of 15 billion US dollars, you really dare to ask for the price!"

"Hehe, grandpa, in fact, what I gave was definitely a preferential price, I bought IndyMac at that time, but the valuation was 13.9 billion, and there were so many mergers... ”

"Alright, you stinky boy, do you really think I don't know the truth! Forget it, so be it, get those bonds back as soon as possible. ”

Hearing the busy sound, Andy shrugged his shoulders, but the expression on his face did not look very happy because he might make more than 30 billion dollars for nothing, the family's hand still stretched out, but this is okay, after all, there is something to pay, it is impossible to only enjoy the benefits of the family's power, but he has nothing to pull out.

Although the elder Smith is his grandfather, he is first and foremost the patriarch of the Smith family, and the Smith family has maintained its longevity, not only their direct line, and the elder Smith has never considered the interests of a single person.

Besides, there is no old Smith stuck in the bailout plan and forced the Wall Street forces represented by Paulson to exchange interests, even if Andy gets those toxic bonds back, it is really hard to say whether it will be his turn to Yingtai Bank!

However, in this way, this money can be made steadily, and Yingtai Bank can be expanded in due time, although it has always been negative equity in Andy's hands, and even Forbes was dragged down by it when calculating his total assets, but next year this situation can be changed.

After pondering for a while, Andy picked up the phone and called Alvittle in New York, and simply asked him to exchange the original portion of the toxic bonds belonging to Indymac from the FDIC together with Stephen Nubee through the agreement.

Alvitatre didn't ask, because he knew very well that with his boss's unprofitable character, there must be something he didn't need to know, and since the boss didn't say it, he would never ask more if he was as smart as he was.

After explaining this matter, Andy asked about the details of the briefing in the past few days, for the stock market that has gone up and down in the past few days, it has made Al and Bard very painful, after all, they are short, although there is no loss, but the reduction in income is the biggest loss in Andy's opinion.

However, Andy knows that everything is only temporary, since he knows that the person who wins in the end is himself, then he must be patient, to be able to endure loneliness and withstand temporary turmoil, in these characteristics, he admires the old hooligan Warren Buffett very much, this old fox never cares about the gains and losses of a city and a place, as long as it does not meet his psychological expectations, he will 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, patting and coaxing little Laura to sleep, and he himself was hypnotized to lie down and take a nap.

Until I was woken up by the buzzing of the mobile phone, I took the phone and looked at it in a daze, and sometimes, some people and some things really couldn't help but chatter, the call was from Warren Buffett.

The content of the phone call was that Buffett revealed to Andy that Goldman Sachs was secretly negotiating with Midland Bank under the promotion of the Treasury Department, and he wanted to ask Andy if he was interested in investing in the merged Goldman Sachs Midland with him.

At first, Andy thought Buffett was joking, the Treasury pushed for the deal of Goldman Sachs to annex the United States?

"Warren, if you're serious, all I can say is a waste of time. ”

Andy's words were very direct, but Warren Buffett didn't seem to care, but after analyzing this possible new combination for Andy, he smiled kindly: "Goldman Sachs' Byron originally wanted to persuade me to invest in them, but they have this new idea, hehe." ”

"Well, I knew you old fox was entertaining me, and you ruined my lunch break!

Hehe, a company that is currently the Minister of Finance, and the other is a company that has retired from Goldman Sachs and is also a former Deputy Minister of Finance, and blatantly orders and supports the merger and gives financial support, then they will definitely be sent to court, and no moral immunity will work!"

"Okay, Andy, it seems that you little guy is much smarter than those people and can see better, but, seriously, if Goldman Sachs becomes a bank holding company, are you interested in investing?" Warren Buffett seemed to have known that Andy would see it through, and continued to ask kindly.

"I'm not interested for the time being, it's not the time to make a move, you know this better than me, and I don't have as much connection with Goldman Sachs as you have with them. Andy said in a very serious tone.

"Yes, the origin... I still remember when I was 10 years old, I followed my father to visit Goldman Sachs, and when I left, Sidney, a senior partner at Goldman Sachs, hugged me and asked me warmly: What is your favorite stock, Warren? ”

Listening to Warren Buffett's emotion, Andy couldn't help but laugh: "Since they need your bailout funds and reputation endorsement." Isn't this the moment when you should be most greedy? There is an old saying in the Celestial Empire, man is fish and meat, and I am a sword, whatever you like, you can slaughter it however you want!"

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Chapter 1230: The Family Reaches Out (Page 1/1)

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