Chapter 417: Winter is Coming (Second Watch)
βγ Pen, fun, pavilion www. biqugeγ infoγγ Is that for sure?"
Lima looked at Andy with some curiosity as his eyes flashed with brilliance, and she obviously felt that her little man was slightly excited, no, a little excited, to be exact.
This is the first time she has seen Andy in this state of expression, which is completely different from the excitement of lying on herself, more of a light of wisdom, and her spirit is flying.
"Boss, following the announcement a few days ago that HSBC had suffered huge losses in the North American home loan mortgage business, reducing $10.8 billion in related assets, a Florida real estate loan company called New Oasis declared bankruptcy, and just recently, boss, the first domino has fallen... β
Andy held the phone with a green tendon on the back of his hand, his eyes exuding a hot light, he got up from the recliner, ignored Lima's curious expression, slowly paced back and forth on the edge of the pool with his head down, and said in a somewhat cold voice: "What else news?"
"There is news that the Federal Reserve will raise interest rates for the 17th time in the coming days...
According to data released by the National Association of Realtors on March 25, existing home sales in the United States fell to the lowest point since 2003 in February and March this year, and the number of existing homes that were not sold in the market reached 4.2 million, the highest value in 15 years. . .
According to a recent report by Lehman Brothers, about 2.2 million people across the United States will lose their homes because they can't pay their mortgages...
New Century Financial Corporation, which issued a profit warning in February, will face a debt maturity date of $17.4 billion from Wall Street in April, and there is credible information that they will not be able to repay at all, and there is a probability that more than 95 percent of them will file for bankruptcy protection. β
Andy's breath calmed down slightly, and his voice became clearer and clearer, "In a year and a half, the Federal Reserve has raised interest rates 16 times, and raising interest rates again is undoubtedly the last knife to burst the bubble.
"Yes, boss, the subprime mortgage market has started to collapse, it has fallen by 40% in two months, our CDS and CDO have started to make money, but the three major rating agencies have not lowered the rating of low-grade loan bonds, namely CDS, as long as Freddie Mac and Fannie Mae do not raise the white flag, we still have a fight. β
"These damn vampires, the S&P guys should all go to the gallows, to the point where this junk bond still maintains a triple-A rating, they all deserve to go to hell!" Andy cursed loudly with a slightly hideous expression, making Lima, who had already wrapped his perfect body in a bath towel, frown.
It was the first time she had seen Andy's handsome face show such a frightening hideousness, it was completely an expression of choosing someone to devour. It also made Lima feel for the first time that Andy was not just the sunny and warm appearance in front of him.
"Honey, what's wrong with you?" Lima asked in a very low voice, his face full of concern, as he went up and grabbed Andy's arm a little worriedly.
Andy covered the microphone, changed his face to reveal a charming smile, and whispered: "I'm fine, don't worry, dear, go get a bottle of red wine, we'll have a drink in a while, good... β
After Andy finished speaking, he let go of his hand and continued to listen to the phone, and when he turned around, his face became cold, "Since they don't admit defeat, then I'll add a fire to them and burn them to death!"
Lima looked at Andy's tall back worriedly, although she didn't see Andy's expression after turning around, but the words that revealed a hint of coldness made her shudder.
"Boss, what are you going to do?"
"Hehe, the materials and data collected by the think tank during this time, as well as the vacant houses that the people who filmed went to hollow out, and the default data of major cities, are all sorted out and sent to the New York Observer and Newsweek, and I want everyone to clearly see how the real estate bubble in the United States bursts, and the Fed does not want to burst it, for fear of causing panic, then the media will do it.
Just enough to increase the sales of the newspapers under my name, I will let the people of the daily newspaper track down all the big people who can be involved in this matter, and as long as they dare to talk nonsense and deceive the people, I will nail them to the frame of shame and fire the first shot for my daily newspaper "World Observer", which was launched on April 1st!"
Addison's cold words silenced Alvittle on the other end of the phone, to be honest, the three major rating agencies did not lower their ratings, and the boss was so angry and excited, it was because he was shorting CDS, so everyone was just a good thing, and they were all starting from their own interests.
Andy hung up Al's phone and called Jon Meacham and Pete Kaplan respectively, Jon was not surprised by this, because this issue of "Newsweek" was supposed to do a special report on the US real estate bubble, and he heard that the boss would send some professional internal information and data, which made him very happy, and did in-depth reporting, which was originally the housekeeping skill of "Newsweek".
As for "The Observer", there was already this topic, but it was suppressed by Andy before, and now there is naturally no problem with the report, but Pete Kaplan is a little depressed, their real estate column editors have obviously made a professional analysis very early, but it has not been reported until now, and many media have done this special report, and now it is not the timeliness XING, but the persuasiveness, fortunately, the boss said that he would send some professional internal information for their reference.
After looking at the time, I called Ivana again, after all, at this time, the pressure as the executive vice president of the real estate group will be very great, and the CP group is still her family industry, and the bursting of the real estate bubble will not be too small a blow to their group.
The phone was picked up after a few rings, but it was not Ivana, but her secretary, Andy learned that Ivana was still in a meeting, the meeting had been going on for more than three hours, according to this rhythm, it is very likely that it will continue to open for a while, don't think about getting off work on time, from her secretary's mouth, Ivana went to work at 8 o'clock during this time, and she will get off work at 11 o'clock at night, and she still carries many documents when she goes home.
Hanging up the phone, Andy sighed lightly, although he was a little distressed and worried, but he knew Ivana very well, even if he persuaded him, it didn't have any effect, the strong woman in the workplace is not just talking, she is really working hard.
While frowning and thinking, Lima walked over quickly in a pink camisole and a pair of pink shorts, holding a bottle of red wine and two wine glasses.
"Honey, what the hell is going on, your expression is really scary. Lima put the wine and glass on the table, walked over to Andy, took his arm, and asked softly with concern.
"Hehe, it's really nothing, about investment, the U.S. real estate bubble has burst, and in the future, both the U.S. real estate and the U.S. economy will be hit hard, and it will even sweep the world. β
"No, isn't it true that housing prices in the United States have always been high?
Andy opened his mouth with a wry smile, and finally smiled helplessly and pinched her tall nose, and said with a smile: "How much money is your house?"
"Hmph, that's what I bought after years of hard work, more than 6 million!"
Andy looked at Lima's expression and retorted very unhappily, with a trace of worry on his face, so he was relieved: "Houses in the Manhattan area and Long Island area may be affected at the beginning, but in the long run, the value will still rise and will not depreciate, don't worry." β
"That's good, that's good... Wait, you said long-term, will this real estate decline be for a long time?" Lima seemed to have grasped the key point and asked curiously.
"Winter is coming, the real estate of the United States, the American economy and even the global economy will all be spared! However, it doesn't matter to you, you just need to be beautiful and happy every day... β
Andy poured the wine, squinted his eyes slightly and said in a deep voice, handed her a glass of red wine, saw Lima with worried eyes, stretched out his hand and touched her pretty face and said dotingly.