Chapter 1217: Nice Guy and Hero
"I wish this disaster was over soon... โ
In the car home, Ivana lay in Andy's arms and whispered softly.
Andy stroked Ivana's blonde hair, kissed her on the forehead and comforted, "Don't worry, everything will be fine." โ
"Honey, do you think Warren Buffett's worries ... โ
"Hehe, don't worry, I said that Washington will not let things get worse, but through tonight's exchange, I was slightly surprised, Warren, a staunch patriot. Andy said with a smile, and then his eyes narrowed slightly, and he sighed very much in his heart.
"Mr. Buffett is nice guy. Ivana echoed softly.
Andy was slightly stunned, 'nice guy' couldn't help but shake his head and laugh when he heard this term, which has to say the most important point in American culture.
To survive in the United States and integrate into the mainstream, everyone has to follow the American culture from birth to the moment of death, including the American corporate culture, that is nice guy.
Good. Of course, this is not what it means to be a good person. Well, Buffett's set is indeed very much in line with the mainstream values of white American society, low-key, simple life, philanthropy, and friendly to others...
"He has two wives... Andy whispered maliciously.
"Poofโ"
Ivana smiled angrily, glanced at him charmingly, stretched out her hand into a fist and struck it a few times, and said coquettishly: "After Mrs. Buffett died, he married his current wife." โ
"But after all, he let two women live at home together and serve him... Damn, this old rascal, it's really... Ahem, I didn't mean anything else. Andy complained with envy and hatred, but under the threat of Ivana's sneering expression and the little hand that was about to pinch his waist, he coughed twice and hurriedly stopped.
"Humph!"
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On the 16th of the next day, AIG was still in dire straits, the veteran insurance company involved in life insurance, life insurance, property insurance, and car insurance, holding the retirement accounts of millions of American families, providing insurance to 180,000 businesses, involving two-thirds of the U.S. workforce, and holding $2.7 trillion in derivatives contracts.
It is clear to everyone that AIG is different from Lehman, which has only $5 billion in business in the United States, and once AIG falls, then the Americans are really doomed.
In the morning, New York Governor David Patterson announced approval for AIG, the embattled U.S. insurer, to use $20 billion in assets from its subsidiaries to bail itself out.
Then, when AIG's stock price fell to $2, news came from Washington in the afternoon, Geithner proposed some terms to the AIG board of directors to rescue it, providing $85 billion of capital injection to AIG through the Federal Reserve Bank of New York, acquiring 79.9% of AIG's equity, and the government injecting capital to take away three-quarters of AIG's shareholders' shares, of course, AIG had to pay "usury", and the CEO was replaced, and a group of executives were fired!
"It's really vicious!" Andy looked at the fax in his hand and said with a sneer, looking at the message displayed,
"The crisis has already begun to affect American politics. The lack of financial regulation in the United States has become the focus of criticism from the outside world, and the public and the media are questioning the obvious dereliction of duty of these institutions, and more importantly, they ignore the crisis and sit back and watch the collapse of Lehman, which further expands... Al said with a serious face.
"The most unfortunate is Mr. President, who had to take the blame for Paulson, and the decision to give up the rescue of Lehman Brothers has become the focus of questioning of the Little Flying Shoes government, which has become a disaster, not only causing a stock market crash, but also triggering a political upheaval, the presidential election campaign has shifted the focus from the war of words of "helping pigs wipe lipstick", and the financial disaster on Wall Street has suddenly become a test for the two presidential candidates, O'Black Bull and McCain. โ
Alvitatre's words made Andy laugh again, "These two people have been arguing for the past year over who can best handle the crisis when they receive an emergency call at 3 o'clock in the middle of the night, and now they can try their hand at the financial crisis first." โ
Hearing the big boss's somewhat gloating jokes, Al also shook his head and smiled: "What good can those two do, except to brag and make a wish."
However, boss, the panic in the market is indeed a bit beyond imagination, last night I was at a friend's birthday party, several guests asked me if their money market funds were safe, to be honest, I also started to worry, money market funds, which have long been regarded as indestructible, and their safety concerns have also caused widespread concern. โ
Andy looked at the solemn Al, and couldn't help but sigh in his heart, don't look at Al, Badstone's subordinates are helping him to make money in a crazy shorting, they are still very worried that the American financial system will really collapse, after all, in that case, the confidence that they have always thought in their hearts that the United States is the greatest will be shattered, which is undoubtedly unacceptable to these American elites.
"Panic is inevitable, it takes time and confidence to calm down, and at the right time, not only Warren will do it, but I will too. Andy's eyes flashed brightly, and he said calmly.
Al's eyes lit up slightly, and he looked at his big boss and said, "You will be a hero!"
Andy smiled indifferently, shook his head noncommittally, and pretended not to care, but in fact this is his perfect strategy to kill two birds with one stone, and when the time comes, he can not only buy the bottom of the stock market, but also become a hero in the eyes of Americans, a patriot.
Andy Smith is a good guy!
As long as he has the aura of the role model BUFF of the mainstream values of American society, if any private life chaos is really exposed one day, disharmony such as illegitimate children will be easily forgiven and accepted by the people, after all, who can have no shortcomings, otherwise, the old hooligan of Warren Buffett will not be ignored by the entire American society.
"By the way, how much is the price of gold now?" Andy asked, looking at Al after waking up from YY.
"$775 / ounce, by the global stock market crash, risk aversion rose all factors, gold prices have risen sharply, boss, you plan... โ
As soon as he heard the price, Andy shook his head lightly and said with a smile, "It's not time yet. โ
Alvitatre's gaze was imperceptible, to be honest, he was a little inexplicable about some of the big boss's judgments at first, but now he knows that some of his big boss's judgments are magical.
Although most of them are the results of data analysis with think tanks, this still can't hide the shining points of the big boss, and maybe their own boss is really the darling of God.
"Investment banking and capital markets business, after the news spreads, does anyone inquire about it?" Andy naturally didn't know what Al was thinking, even if he knew, he wouldn't be as nervous as he was at the beginning, after all, going through this kind of thing, it's really too, and they would rather believe that it was God's favor.
"Yes, Barclays, CIC, and Mitsubishi have all appeared on the stage, all trying to make some profit on the rotting corpses of Wall Street, after all, the emaciated camel is still very big! However, except for Barclays Bank, which is very sincere, the other two are all trying to pick up the cheap.
In its heyday, Lehman Commercial Bank ranked 7th in the global equity underwriting business, and Barclays Bank did not even squeeze into the top 25, they had long had the ambition to open the North American market, and this time they also saw this business of Lehman and wanted to make up for their shortcomings.
However, their acquisition was stopped by the British government with bad intentions, and they originally wanted to wait for Lehman to go bankrupt and take this piece of fat as soon as possible, hehe, I heard that when the CEO of Barclays Bank learned that we had acquired Lehman's core business, he was angry and smashed a TV. โ
"Haha... Hearing Al's report, Andy laughed heartily, he was able to make the group of British guys who were holding back their bad hearts deflated, he was really happy from the bottom of his heart, and after the laughter subsided, he sneered and said: "I just want them to regret it and be slaughtered at the same time! I didn't expect that the price of 800 million was not scared away, tsk, did I open a low price?"
โใใใใใใ The corners of Al's mouth twitched slightly, and the black line in his head was black, and he didn't know what to say to his boss.