Chapter 774: May God bless you!
Buzz –
The buzzing of an oversized fly flapping its wings sounded in the air, and a helicopter slowly landed in an open space at the resort, creating a cyclone that swept in all directions.
Federal Reserve Chairman Ben Bernanke and New York Fed President Geithner stepped out of the helicopter and watched a group of Wall Street bigwigs greet them in the distance.
"It seems that the sudden plunge in the global stock market has made this group of people a little panicked, although most Fed officials still believe that the subprime mortgage crisis is manageable and will not cause the US economy to fall into recession, but seeing their group, I am a little worried.
And those people themselves know their own situation very well, they just pretend not to know, because they have already hijacked the financial market in the United States, and they have nothing to fear... ”
Bernanke leaned into Geithner's ear, the slowly stalling propeller masking the propagation of the sound, and Geithner's face sank.
Just as they arrived from Miami in a helicopter, according to a report just released by the Bank of England, the global subprime mortgage bond size is $700 billion, but the size of the global financial derivatives market is as high as $415 trillion, and the derivatives market size is 8 to 10 times the global GDP.
Andy was in a very comfortable position, leaning on the back of the chair, with Erlang's legs crossed, his right elbow supported on the armrest, his fingers pinching his chin, and his eyes were half-open as he watched several big people bragging on a long row of sofas on the rostrum.
Bernanke still expressed his views on the manageability of the financial crisis, and Andy also knew that the Fed would continue to cut interest rates to stabilize the market so as not to cause panic in the financial markets again.
But many officials, including Fed Chairman Ben Bernanke, have underestimated the consequences of the subprime mortgage crisis and have been citing inflation as the main risk for an entire year, yet the hundreds of billions of dollars of derivatives have begun to slowly fall like an atomic bomb about to explode, and this is only the last brief lull before the storm.
Listening to the bursts of applause in his ears, Andy showed a mocking smile on the corner of his mouth, and whispered softly: "God has not given us a heart of fear, but a heart of strength, love, and self-control." I pray for you, Amen!"
Andy had no interest in listening any longer, and under the surprised gaze of some people, he got up from the audience and left the venue, not reappearing in the venue, there was nothing to hear, the music was still playing, and the bank would dance to its rhythm as much as possible. The Wall Street tycoons inside, in the midst of the ravousing noise, didn't realize that the music had long since stopped, and when they did, it all looked like it was going to be over.
Whew-
That's good, so that I can get more, and my stunned young man who sings about decline is not so popular with Yellen, the president of the Federal Reserve Bank of San Francisco who did not attend the meeting and will succeed as chairman of the Federal Reserve in the future.
"Honey, is the meeting over?" Ivana asked, seeing Andy returning, and approached him with some surprise.
"No, it's boring, it's very boring to waste time with a bunch of corn that has been put into the popcorn machine to heat, it's better to enjoy the vacation life, let's go, while there is still some time in the afternoon, let's go swim in the sea, I like the way you wear a bikini... ”
Ivana smiled and tilted her head back, dodging her boyfriend's mouth buried in her pink neck, and after struggling to escape, she turned around and ran upstairs, "Giggles, I'll change my clothes, and I'll be fine right away... ”
"I'm with you... Change. Andy laughed and chased upstairs. From time to time, Ivana's coquettish screams could be heard from the second floor.
In the next two days, Andy and Ivana traveled all over the island, and the happiest were the reporters who were allowed to enter the resort, and the frolicking of the two on the beach was completely recorded.
As for the summits, Andy just listened with his ears, but the technology summit gave him a lot of benefits, and sat with Bill Gates, Buffett and others to chat about charity, of course, these two old things, did not fool Andy.
"I'm only 23 years old this year, and I haven't even gotten married!" Andy dissipated the flickering between the two with a word, and besides, his charity is also in place, and he doesn't need others to teach him how to do it.
What's more, these guys donate all the shares in their own hands, and themselves, Nima, most of their assets are cash, and they will not be fooled unless they are crazy.
Andy decided to have less contact with these two old guys in the future, if he remembers correctly, Xiao Mazi was fooled and lame by Bill Gates...
On the last day of the summit, people had already left the West Lock Island one after another, especially the group of scumbags from Silicon Valley, who sailed away from the dock of the West Lock Island with a yacht of bikini beauties and began their chaotic sea journey.
In the past four days, the waves are almost over, Andy and Ivana have also begun to pack their bags, ready to leave the resort, this summit is still good overall, undoubtedly expanding contacts is the most important, for the social Ivana is simply like a fish in water.
"Andy, are you leaving today?" asked Bank of America CEO Kenneth Lewis, seeing the suitcase in the living room of the villa.
"Well, that's pretty much the fun, what about you? I heard you got into a fight with Morgan Stanley?" Andy asked Kenneth with a smirk on his face after asking Kenneth to sit down.
"It's not your idea! Needless to say, this time the three of us have been cheated by you, and the share of 75 billion US dollars will be shared equally among the three to help the market get out of the subprime mortgage crisis. ”
"Ha~ Are you kidding? And help the market out of the subprime mortgage crisis, don't tell me, you Bank of America also believe in Bernanke's rhetoric, the music is non-stop, you really want to sing and dance." Andy doesn't believe that the Bank of America will be unprepared, you must know that during the global financial tsunami, the Bank of America opened its mouth, predated and swallowed everywhere, and ate full of belly.
"Hey~ No way, you have to pay something to get more, the other monsters on Wall Street, Da Mo, Goldman Sachs, Merrill Lynch, etc., are all peeping in the corner! Everyone is thinking about waiting for predation or the appearance of blood in the wind! Isn't that predator group of yours also starting to hibernate? Listen, predators, it's really straightforward enough. ”
Andy didn't take Kenneth's ridicule seriously, and sneered, "I don't admit that there is any predator group, it's just my private investment team... ”
"Forget it, it doesn't matter if you admit it or not, in the bleakest months of the entire Wall Street, only the group of guys under your command celebrated in the major bars and nightclubs on Wall Street all day long, and a group of newly graduated little guys all changed to sports cars, all of them looked at people with their chins, and it was difficult to keep a low profile. ”
Andy didn't care, just shrugged his shoulders, the American personality is like this, he likes to show off his personality, he can't restrict the freedom of his employees, as long as he doesn't leak secrets, employees can play whatever they want in their private time.
"Okay, don't delay your time, we are also ready to leave, for a period of time in the future, we hope that you will not forget our old friend, we are very much looking forward to working with you again, believe me, Bank of America will always be a firm supporter of you. ”
Andy nodded seriously, sent Kenneth out of the door, watched the car disappear from view, slowly opened his squinted eyes, turned back to Ivana who was already standing behind him and cleaned up, and said, "Let's go too, go back to New York!"