Chapter 887: Laughable Pressure (Thank You, Alliance Leader)
Since January, from Wall Street, the heart of the U.S. financial industry, to major European stock markets, to emerging markets in Asia, global investors and economic practitioners have carefully pondered every economic data released by the United States.
Gaia & Co., Wall Street, New York.
“。。。 There is no denying that the U.S. economy has begun to enter a recession. Citibank Group announced a financial report saying that the company lost $9.83 billion in the fourth quarter of last year, the highest single-quarter loss in the company's 196-year history.
Merrill Lynch released a financial report saying that the company suffered a net loss of $9.91 billion in the fourth quarter of last year, the highest single-quarter loss in the company's history, dragged down by the subprime mortgage crisis. Previously, Merrill Lynch had written down $14.6 billion in losses caused by the subprime mortgage crisis.
Housing starts statistics released by the U.S. Department of Commerce show that the number of homes and apartments started in the United States last year was 1.353 million units, down 24.8% year-on-year, the second-largest decline on record, second only to the 26% decline in 1980... ”
Andy leaned back in the boss's chair a little lazily, listening to the systematic analysis and report of his think tank on the recent state of the US economy, as well as the economic trends and forecasts made.
"The Fed is likely to announce its third rate cut since September, by 0.5 percentage points, from 4.25% to 3.75%. ”
"At the same time, I think the White House's tax cut plan will be rolled out at an accelerated pace to stop the U.S. economy from continuing to slump. ”
Andy nodded, threw the pen in his hand on the table, and said with a smile: "The White House has decided that in the next two days, it will announce a tax cut plan amounting to 145 billion US dollars to maintain economic growth and create jobs." The stimulus plan involves about 1 percent of the US gross domestic product. ”
Everyone looked at each other, and naturally believed the news that the boss said, Alvitatre took over the conversation with a smile and said: "It seems that the guys on Wall Street are almost ready to start detonating this bomb." ”
"Hehe, if you don't say that the core of the United States and the values of the United States and even the secrets of the United States are on Wall Street, and that group of idiots will buy the Rockefeller Center and the film company back then, the Celestial Empire will be much smarter, I heard that they just bought a stake in Mogen for $5 billion?"
Alvert replied a little helplessly: "That's right, they did a good job this time, including our president is a little helpless, this time maybe they will become the biggest winner, although the scale of this time is a little smaller, but I think it's just a temptation, they may do everything possible to use various means and ways to enter Wall Street, compared to hundreds of Wall Street banks are asking for capital injection." ”
"Guys, do you think I should pick a few banks to play with in this storm?" Andy looked around at the room with a playful smile on his face.
。。。。。。
"If the boss you are serious, it is not impossible, but you need to cut into the point and grasp the timing, this time it is a few predators on Wall Street to reshuffle, we don't have much chance to get good chips through commercial means, however, you can use the power of the government to start with some of the bankruptcy protection of the local banks they have taken over, and there is a bank as the boss's fund settlement bank. ”
After a moment of silence, Al expressed his support for Andy's proposal, but some good assets may not really be their turn.
This subprime mortgage storm is actually an organized, planned, and step-by-step "Wall Street conspiracy." As is customary, the Fed has taken action in a row, and since August 2007, interest rates have been cut three times.
The Fed lends banks at an overnight rate of 3%, which is not much different from the rate after the bursting of the previous two bubbles, which is just a repeat of the old trick, and the rate cuts will continue until they fall to around 1%. Excluding technical factors, this is almost a zero-interest rate policy, the purpose of which is to cover up the consequences of the bursting of the bubble with the colorful color of the new bubble, and the means is to issue large amounts of money, causing a greater depreciation of the dollar, expanding US exports, passing on the crisis to others, and stimulating the service industry internally, especially the transfer and growth of the core of the service industry, the financial services industry.
"By the way, Al, how is our rocket maniac?" Andy terminated the topic of the bank in real time, you can't be in a hurry about the bank, you have to be patient if you want to pick up Gualao.
"The conditions have been told to him, even if he is a little unwilling, I believe that the other shareholders will make the right choice. ”
"Hehe, Al, don't be so confident, maybe that rocket maniac will desperately smash the only assets into the company and hold on. To be honest, Andy still admires the willpower of people with dreams, no matter how much Elon Musk can brag, but his willpower is indeed beyond ordinary people.
“。。。 Well, maybe it's really possible, then, boss, you can add fuel to his fire, and when the boss leaves, I hope you can answer the paparazzi's questions. ”
Everyone in the conference room couldn't help but bow their heads and chuckle, knowing that their boss was going to use the information disclosure of the bear-hugging hostile takeover to let all the shareholders of Tesla know the news, so as not to hide the news that Elon Musk was willing to bid for the company and keep the shareholders in the dark.
"Why hasn't the negotiation of China Railway ended?" Andy nodded, which was considered to be an agreement, but when he saw the next topic of the document on the table, he couldn't help frowning and asked.
"It's not our problem this time. Al couldn't laugh and cry, and explained helplessly: "We are suffering from an unwarranted disaster this time, a group of people from the Donkey Party in Washington are instigating a bill to sanction the rabbit country for trade, and the China Railway negotiation team suddenly asked for an extension before signing the contract, and hinted to us that they are worried, once this bill that destroys the trade between the two countries is passed, the cooperation will... ”
"Ahem... The expression on Andy's face was incomparably wonderful, and he was directly choked by a mouthful of spittle, well, he also enjoyed this method of the rabbit country, and said a little angrily: "What about the lobbying group outside the hospital?
"Boss, this time is different, this time it is the new generation of the Donkey Party that will exert stronger political pressure to take action. Many first-time Donkey Party members in Congress believe that their own victory in the 2006 election was due to the anti-trade stance they held on the campaign. Ahead of their first re-election test this fall, they are desperate to push through legislation that would punish the rabbit nation. ”
"Damn the election year, the White House won't agree, forget it, it seems that lobbying is impossible, you tell the people of China Railway, since the conditions have been negotiated, sign the contract as soon as possible, as for what they are worried about, you tell them, I know, there will be no unpleasant things in the trade between the two countries... ”
After the meeting, Andy went back to his office, picked up his cell phone and called Pete Kaplan of the Observer.
"Pete, let people dig deep into the Donkey Party Rep. Tim Ryan and Sandlevin, and the Elephant Party Rep. Duncan Hunter, the rumors are also counted... ”
Andy gritted his teeth and said, isn't it to pull votes, Nima, blocking his way to get rich, and returning votes, let's stink them first.
Hung up the phone, Andy was also a little crying and laughing, he also enjoyed a means of pressure from the Celestial Empire, stuck his neck, this Nima made people speechless, but from another point of view, he Andy Smith was also registered over there, and it became a card in their hands, I really don't know whether to be happy or complain.
When walking out of the main entrance of the building where Gaia's company is located, the group of paparazzi who have been chasing Andy do not forget to press the shutter with their cameras.
"Mr. Smith, I heard that you are interested in a Tesla electric car that is on the verge of bankruptcy and want to buy it?"
Just like the paparazzi will ask questions every day, everyone is used to not hearing the answer of Andy Smith, who has never given them a good look, and just ignores it and walks away.
"Huh?" Andy's footsteps slowed, he frowned back and looked in the direction where the voice came from, and replied softly, "You're well-informed enough!"
Immediately, the paparazzi present were very excited, Nima, this dead ice cube finally responded.
"So the news is true, Mr. Smith, and a lot of people have questioned that Tesla is a company with a Ponzi scheme... ”
"Elon Musk only brags... ”
Andy rolled his eyes, he really didn't have a good attitude towards this group of guys who kicked their noses and faces.
"The reason why I have the intention to take over Tesla, which is going bankrupt, energy, environmental protection, in fact, life is an adventure, and I think the most important thing is to focus on building a big picture of future development.
There is no precedent for what Tesla is trying to do, and there is no roadmap for future development. I have the will and the funds to try to create myths of reality that seem fantastical, and I am willing to bring some substantial changes to human life... ”