Chapter 1004: 'Robber' Andy Smith
"To live or to die has become an unavoidable question for Wall Street giants. โ
Andy said to Hamilton with a cigar between the fingers of his left hand, his back pressed against the sofa, a smile on his face, and a relaxed posture.
"The subprime mortgage puss has fully collapsed, and it's ridiculous that there are still companies that are making a big splash of money because of the temporary relief of the market's worries because of Bear Stearns and MG Chase's marriage at gunpoint. โ
Andy's exaggerated screeching voice mimicked ridiculously shrill cheers.
"Oh God, the worst of the subprime mortgage crisis in the United States may have passed!"
Hamilton looked at the funny Andy with a smile and a smile on his face, and said helplessly.
"The decisive measures taken against Bear Stearns, and the provision of government guarantees, were mainly due to the fact that the market was not mentally prepared for the bankruptcy of Bear Stearns, which was inextricably linked to other financial institutions, and if it failed, it would have dealt an unforeseen blow to the entire financial system.
Although public opinion has become suspicious of bailing out Wall Street investment banks with the money of the SHUI people. But in terms of effect, the Fed's move has eased the market's worries to a certain extent... โ
"Poofโ"
Andy spat out a puff of smoke a little frivolously, slashing through the air like a sharp arrow, the corners of his right mouth and right eyebrow raised, and he looked at Hamilton with a smile.
"Maybe you don't know, there is a saying in the Celestial Empire, that is, before everyone dies, there will be a lot of times when they are full of excitement, see their relatives, explain their last words and the like, and then... Andy reached out and grabbed his neck, rolled his eyes, and chuckled, "It's called a flashback!"
"I'm very happy that this group of idiots continues to be optimistic, only in this way can I make more dollars, hehe, don't look at me like that, I said it a long time ago, but no one believes it, I'm not an idiot, how could I miss such a great opportunity."
Paulson is willing to be a father to Wall Street, who can say anything, besides, haven't you been using the devaluation of the dollar and other ways to make the world pay for the financial crisis that started in the United States?"
Hamilton's eyes narrowed slightly, and he sighed and said: "In order to stabilize the economy, the dollar exchange rate continues to "free fall", which has caused strong anxiety and dissatisfaction in various countries. โ
"The dollar is our currency, their problem!" Andy crossed his legs, slumped into the sofa, and said with a smile the most undesirable side of the United States.
"Truth be told, I don't need to contact you now, it's not the right time. Andy looked at Hamilton and frowned slightly, with a willing expression, and continued to smile: "If it weren't for my chief thinker Alvitatre, oh, yes, you call him Vulcan, he told me that you are a very good talent, and I won't care if you change someone, I know very well that you want me to be safe, but, what I want to say is, go to Nima!"
"You can go back and tell Paulson that I'm just getting started, and then I'm going to use high leverage to hit all the Wall Street junk companies, Citigroup, Merrill Lynch, Stanley, AIG, Lehman, Freddie Mac, Fannie Mae... I'm going to bite them one bite at a time!"
Andy leaned forward suddenly, his eyes were full of cold and bloodthirsty gaze, revealing a mouthful of white teeth, and he gritted his teeth angrily one by one.
Hamilton's whole face was gloomy, and his hairs stood on end a little by Andy's compelling cold gaze, and cold sweat broke out on his forehead.
"Others may not know, you should know very well that MG Chase's acquisition of Bear Stearns seems to be forced, but he got hundreds of billions of assets, and the Federal Reserve endorses them, the biggest beneficiary is MG Chase, and I, just made a little bit of money, you jump up and down, I really think I'm muddy, ah?!"
Hamilton's body trembled slightly, his expression was tense and he looked at a scene that he hadn't imagined at all, his handsome face became cold and hideous, his eyes burned with anger, he was completely ruthless, and there was still a little sunny smile.
"There is a saying in the Celestial Empire, blocking people's money is like killing their parents! Since its establishment in '97, Bear Stearns Commercial Bank has laid out the retail and consumer goods markets in the United States, and has invested more than one billion dollars in retail layout in the rabbit country, not to mention coastal cities, even inland second-tier cities have invested 50 million or 60 million US dollars, but you sold the entire Bear Stearns at a price of two dollars a share, what to punish Bear Stearns, bah, a group of blue pond raised!"
Hamilton did not feel angry because of Andy's gaffe swearing, but answered the question in his heart, so it turns out that Bear Stearns Commercial Bank is indeed a relatively high-quality part of all assets, and if it follows the normal bankruptcy protection procedure, Bear Stearns will definitely be divided.
A feast was stopped, no wonder the young billionaire in front of him turned his face and cursed without recognizing people, and secretly smiled bitterly in his heart, maybe the other party was preparing to spray Treasury Secretary Paulson, and he had to see him if he was so dead, well, he became the person who was sprayed.
After the anger and depression were vented, Andy relaxed and leaned back on the sofa, the expression on his face became much colder, to be honest, he had to find the field back this time for depression, which was undoubtedly cut off halfway.
"IndyMac Bank of California... After a brief silence in the study, Hamilton was the first to break the deadlock.
"Indymac Bank's main business is to securitize mortgage loans, you don't need to ask me, I think you know better than I know its fragility, and it will inevitably close its doors, even if it doesn't want to, I'll help it, hehe... โ
Hamilton heard Andy's sudden laughter, and suddenly had a creepy feeling, looked at Andy with burning eyes, and sure enough, he heard a message that made people's scalps tingle.
"IndyMac is just a prelude, and as the U.S. housing market continues to fall, investors will be more worried about the U.S. residential mortgage market, and panic will put the two giants Fannie Mae and Freddie Mac in trouble... โ
Andy is not afraid of the other party knowing the mystery of the direct showdown, this is the general trend, even if they know, it is useless, even if they deal with it actively, it should fall or fall, the global financial crisis, not to say that if you know it in advance, you can avoid it, the pit is already there, there is no choice to step on, the only thing is to hope that you don't fall to your death when you fall, and Andy has the ability to push them hard in their backs and kill them.
"Mr. Smith, you know, that would be a great disaster ... Hamilton warned a little restlessly, he knew that Andy Smith still had a lot to say, and he also knew that the other party would never do nothing, and one of the things Andy Smith had been doing was to establish his personal influence among the people, as well as control the media, guide public opinion, and according to him and his group of bastards who wanted money to die, artificially creating panic was certain.
Two Houses is privately held but operates as a "government-authorized enterprise" whose primary business is to acquire loans in the U.S. mortgage secondary market and raise funds at low cost to earn interest rate differentials by issuing agency bonds or securitized mortgage bonds to investors.
Given the sheer size of the "two houses" and their importance to the financial system, the collapse of any one of the "two houses" "would cause great turmoil in the U.S. and global financial markets."
"Disaster? hehe, I found that you and our little flying shoes President clearly know that he is exporting recession to the whole world, doing things that harm others and himself, and in your eyes, everything that is happening now is not a disaster?"
Andy sneered and complained, then slapped his head suddenly, and said suddenly: "That's right, this is just the fuse of the financial crisis, and it is in the prelude stage... โ
"We agree with your desire to buy Indymac Bank!" Hamilton's face became extremely ugly, even though it was very cool in the study, it made his back sweat, and he couldn't imagine what would happen if the two rooms went bankrupt.
"Three failed Miami Valley banks, Douglas National Bank of Missouri, Hume Bank of Missouri, and the upcoming collapse of ANB Financial National Association Bank of Arkansas, First Integrity Bank of Minnesota, plus IndyMack Bank, $10 billion packaged and sold to me, Treasury Department guarantees, Fed interest-free lending... โ
Andy said in Storm English with a blank face, almost without blinking his eyes, and then took out a folder from the side and threw it directly to the other side.
"This is a memorandum of understanding, sign it!