IndyMac's woes have heightened concerns among managers, regulators and consumers about the U.S. banking sector. After a long period of prosperity, the banking sector is under increasing pressure.

In fact, since the outbreak of the subprime mortgage crisis, some banks and thrift institutions in the United States have been struggling to cope with the increasing number of non-performing loans.

According to think tank analysis, although the number of banks that have failed in this financial crisis is not expected to exceed the more than 800 during the Great Depression, it may take years for troubled financial institutions to resolve non-performing loans and replenish capital shortfalls.

For now, consumer perceptions are changing as the turmoil intensifies. When the economy is good, they rarely think about the safety of their deposits.

More likely than the likely rapid collapse of IndyMac due to the mass exodus of depositors, what some bankers describe as "stagnant" would make matters worse for financial institutions already battered by credit problems.

To tell the truth, in this period of moving the whole body and walking on thin ice, Andy Smith did not hesitate to swing his hammer into the ice for his own selfishness, which will undoubtedly make many people fall into the water and drown.

It's just that they know that they don't have any evidence that Andy Smith caused IndyMac Bank to have a "heart attack", and even if they did, it would be in vain.

"Hey, Paulson, you shouldn't accuse me, really, even if there were no runs now, they would be crushed by a credit crunch, a deepening housing slump, a surge in foreclosures, and so on. ”

A grim-faced Bernanke, a somewhat black-faced Paulson, and Andy Smith, smiling lightly and leisurely sipping champagne from his glass, formed a small circle in one corner of the reception.

But its collapse will come at a high cost, and its $30.2 billion in assets will be taken over. This would be the largest bank failure in U.S. history, and could cost the most of the Federal Savings Insurance Fund, with an estimated loss of $12.7 billion... ”

Paulson said with a cold face and almost a low growl, but Andy just narrowed his eyes slightly, shrugged his shoulders, and responded in a helpless tone: "It's a pity!"

Then he looked at Fed Chairman Bernanke, who had not spoken, "Ben, when will my loan be disbursed? At this time, there are very few people like me who are willing to take over the failed bank, you should support me to complete the plan as soon as possible and integrate it, so that I can help you in the face of difficulties." ”

Bernanke's face twitched unnaturally a few times, and he said in a somewhat cold tone: "Andy, you must know that once you enter the bidding process, you will not be able to get IndyMac Bank 100%, and many people will be interested in it. ”

"Ha~" Andy's slightly squinted eyes flashed a cold glint, and he sneered indifferently, looked at Bernanke and Paulson and said: "It doesn't matter, it's a big deal to find another one, there is not only one bank in the United States, and my investment layout will not lack puzzle pieces!"

Paulson and Bernanke's eyes couldn't help but froze slightly, staring at Andy, and before they could say anything, Andy seemed to be concerned and asked, "By the way, I heard that Fannie Mae and Mortgage America are hoping for the government to rescue because of financial problems?"

"Mr. Smith, are you a threat?" said Paulson, grimacing, almost gritting his teeth.

"It seems that you have a misunderstanding of me, how can this be considered a threat, I just think this is a very good investment opportunity, you see so many people here, aren't they all looking for opportunities, you also know that in the current economic situation, life is difficult, and you need to make more money. Andy looked at Paulson as if he were an old friend, confiding in his heart.

Bernanke really couldn't stand Andy's yin and yang weirdness, and said in a cold voice with some rudeness: "I want to be absent for a while... ”

"Huh. Andy drank all the champagne, chuckled, looked at Bernanke's departing figure, turned his head to look at Paulson, who also looked ugly, and said: "You see, that Mr. John Paulson, who shorted U.S. stocks last year and made $3.7 billion, was called the new god of making money by Wall Street, and that Mr. Bernard Madoff is even more powerful, in charge of a $17 billion fund, even in this economic environment, he can still get a return of more than 7%... “

Paulson's eyes narrowed slightly, staring at Andy, interrupting his puzzling words and saying, "What the hell are you trying to say?"

"It's a gluttonous feast, everyone is doing their best and doing everything they can to make money, so no one should pretend to be a savior!"

Andy sneered and looked at Paulson, "My business is done, it's up to you now, Indymac Bank let me take over a day earlier, maybe I'll consider handing over the detonator of another bigger financial time bomb to you, so that you can go down in history!"

Paulson's pupils shrank suddenly, he didn't think that this young bastard in front of him would talk nonsense, he reached out and grabbed Andy's arm suddenly, "What did you find?"

"Huh. Andy smiled charmingly as he reached out and pushed Paulson's hand away, "Maybe there is, maybe not, I'm waiting for your good news, to be honest, Indymac Bank has laid off half of its staff, and I've heard that it will start selling more than 60% of its retail mortgage business." However, all kinds of remedies could not save the apple from rotting. It's time for the FDIC to take it over. ”

Paulson looked at Andy Smith with a faint smile on his face, and his teeth itched with hatred, but he knew that since he said so, there must be some discovery, and the time bomb to describe it is enough to show the seriousness of the matter, let alone a time bomb, and now the US financial market can't stand a little turmoil.

"Andy, haven't we already signed a memorandum, aren't you still at ease?"

"Hehe, I'm still young, inexperienced, timid, or wait until the bank's affairs are settled, let's talk again, if you're still in a hurry, I wish you a good time, I'll miss the company first." Andy put the empty wine glass on the tray of a passing waiter, took it again, raised it lightly with a light smile, and turned to Ivana who was chatting with a group of celebrities.