Chapter 1005: The Golden Barbarian

Some people may find it ridiculous, why does Andy Smith threaten a treasurer and his chief of staff, is not threatening a bank with the danger of bankruptcy?

Take over directly, let the Fed transfuse to save it, the threat is a bit naΓ―ve...

Why is it afraid that any bank in crisis will fail, and why is it that so many banks have failed and not sold to others as cheaply as Bear Stearns?

The subprime mortgage crisis, which lasted for a year, itself was a huge black hole, one of which was a whirlpool, confusing, and even the people in the whirlpool did not know the details, how big was the loss caused by the subprime mortgage crisis?

How many investment banks and financial institutions have bought how many subprime mortgage derivatives?

How did the subprime mortgage crisis affect the global economy?

How can the U.S. smooth out the subprime mortgage crisis?

When will the subprime mortgage crisis bottom?

These questions are not only unclear to the US government, but also to Wall Street, which unleashed monsters and created the subprime mortgage crisis, and it is naturally more difficult for ordinary people to find definite answers.

And that's the terrible thing about the subprime mortgage crisis. The unknown is the scariest thing!

As Geithner, who is now the chairman of the Federal Reserve and later the Treasury Secretary of O'Black Bull, recalled.

"I don't know how to describe those horrible days, the feeling of facing a crisis, the combination of excessive responsibility and numbness to the financial catastrophe.

The frustration of not being able to control the situation, the uncertainty of how to help.

The fear that a good strategy might go the other way.

Pain and guilt, loneliness and numbness. ”

。。。。。。

No one wants to take the risk of opening a black hole because of recklessness, because the black hole will swallow everything, both good and bad.

Andy Smith knows the coordinates of this black hole and knows what conditions the black hole needs to turn on.

The problem is, others don't know, watching him rush to kill recklessly and without scruples, holding money, invincible, everyone else is careful not to step on the thunder and be blown up, suddenly such a master comes, who else has to press down such a neurotic first, don't blow everyone up!

Andy never thought he had taken advantage of buying these banks, and to put it more thoroughly, there were people who were willing to take over these banks that had failed or gone into bankruptcy protection.

During the economic crisis, there were many bankruptcies in the United States, and most of them were taken over by the government, and finally sold cheaply after the crisis passed.

And the real banking predators like Bank of America can't look down on these, and they only have commercial investment banks like Merrill Lynch and MG Stanley in their eyes.

From another point of view, the U.S. government is also willing to take over people like Andy with good personal credit and huge assets, after all, savings banks hurt the ordinary people and the middle class the most.

Of course, the only thing that is unacceptable is that Andy wants not to pay a penny, and even the interest on the borrowed money must be guaranteed by the Ministry of Finance, and these banks are packaged and annexed at ultra-low prices...

If he really gets out of the financial crisis, let him complete the integration, and get rid of the huge burden of loss and debt, he will definitely become a new large bank in the United States.

However, because of the Bear Stearns matter, the Treasury Department and the Federal Reserve have set a precedent for this kind of acquisition, coupled with the amount of Andy's personal assets, there seems to be no reason to refuse this kind of acquisition.

"We can consider the conditions, but we also have the conditions, we need you to agree!" Hamilton did not look at the memorandum of understanding on the table, although this kind of thing is not legally binding, but some people do not need to get their own justice through the law, they just need to have something to prove, we have seen, said, understood, reached a consensus, and verbally cooperated.

"Tell me ... Andy knows that things are not that simple, transactions are never one-sided, threats are very lethal to people who can't see the future, and because of the unknown, the other party will choose not to compromise.

"In the short term, don't use your influence and money to speculate on gold futures again, the dollar's move is exacerbating commodity prices and pushing up bond yields, and we really don't want the dollar to fall again this time!" Hamilton said with a helpless expression on his face, saying the first condition.

"Ha, why are you calling me behind your back, by the way, golden barbarian, right? hehe, yes, in the short term... ”

Andy had a mocking smile on his face, and the Wall Street Journal once wrote a story in which he called gold a "relic of barbarism." He, Andy Smith, is a new generation of golden savages.

Anyway, right now, the "golden barbarians" are banging the door of the Fed, declaring that the dollar is a victim of the excess liquidity and loose monetary policy of the past.

"Shot twice... Don't be in a hurry to say no, we will never force you to invest in anything, you can choose to decline the investment until you have a project that you are willing to invest in.

But we hope that you can be like Warren Buffett, make two shots, after all, both of you have a huge amount of cash in your hands, and other people can't borrow money in this kind of crisis, and you are exactly the people the bank wants to lend you money, and the crisis comes with opportunity, which I don't need to explain more, just these two conditions, if it's okay... β€œ

Hamilton said, reaching out to press the memorandum of understanding on the table, and smiled, "I'll bring it back and give back the signed one, after all, I'm just a chief of staff." ”

"Yes!" Andy said yes with a glint in his eyes as he said yes and shook Hamilton's hand.

"Happy working together!"

"Thank you for your cooperation!"

"Okay, after the business talks, let's talk about some personal matters, my invitation before, not a joke, Al and I introduced you, he has never complimented a person like that, after Paulson leaves, you will never return to Goldman Sachs, how about coming and help me?" Andy solemnly invited with a sincere smile on his face.

"Hehe, thank you for your attention, but you already have Al, it's impossible to build another think tank. Hamilton's eyes lit up, he thought it was a joke before, but when it was mentioned again, he had to think about it seriously.

"No, no, a think tank is enough, how about the new Indymac Bank CEO and CEO?"

Hamilton's pupils shrank slightly, and he looked at Andy with a somewhat solemn expression, then lowered his head and said after a deep groan: "I will seriously consider it!"

"Well, I'm waiting for your good news, I hope we can work together in the future, believe me, working with me will make it easier to use your talents than Goldman Sachs, which is fighting endlessly!"

Hamilton pulled his cheeks and said with a wry smile: "Mr. Smith, your way of persuading people is really ... Simple and direct, Goldman Sachs, hey, then I'll take my leave first, and I'll call if there's news. ”

"Hehe, okay, I'm waiting for your good news... By the way, don't forget about Blue Mountain Coffee, it's the government's duty to protect the rights and interests of our American citizens from infringement, and if I don't get what I want, you know, the Department of Commerce will definitely receive the anti-dumping adjustment report from Congress, and it's also the government's responsibility to protect the competitiveness of American companies, right? ”

Andy and Hamilton walked out of the cabin together, Andy looked at Ivana who came over, turned his face and said to Hamilton with a smile.

"Is that one of the conditions?" Hamilton teased with a laugh.

"No, no, I said it, this is the responsibility of the government, if I am bullied, it is undoubtedly a slap in the face of the United States, this kind of thing is still we are a little more and more restless, want to show the existence of the little henchmen do, you say, should it be a good beating. ”

"Ahem... Okay, okay, I'll escalate and ask the Secretary of State to take care of this. Hamilton coughed a little speechlessly and said helplessly.

"Don't underestimate this matter, this is a business of tens of millions of dollars a year, No. 1 Blue Mountain coffee belongs to the world's scarce resources, which is related to a monopoly market, I am preparing to get a high-quality supply, set up a coffee chain in the United States, which is related to taxes, employment issues... Tsk, you say, it's not serious!"

Andy's seemingly relaxed and ridiculous tone made Ivana smile who came over, as a pillow person, Ivana naturally knew that her man was using interests to increase his weight again.

Sure enough, Hamilton's expression became serious, "I will inform the State Minister of State with an official document from the Ministry of Finance!"

Looking at the black dot in the distance of the helicopter, Ivana hugged Andy's chest with a sweet smile, clinging to her arms, and said with a smile: "Win?"

The corners of Andy's mouth turned up, showing a confident smile, lowered his head and kissed Hongchun, and said softly, "Of course!"