“。。。 As the U.S. economy deteriorates faster than market expectations, the New York stock market has fallen to levels like 10 years ago. So far, the Dow Jones has fallen below the 8,000 integer mark, and it is only a stone's throw away from the lowest point in 10 years, 7,700, for the first time since March '03. ”

Looking at the laptop screen in the middle of the conference table, Alvitatre had a solemn expression, and Andy also pretended to frown with a solemn expression.

In recent times, the world's hopes for the effectiveness of government bailout policies have been somewhat dashed, with little effect, and instead have begun to spread to the real economy with irresistible momentum, which has caused the world's stock market to fall again in a row.

He naturally knows when the financial crisis will start to rebound against the trend, but this can only rot in his stomach, and it is impossible to tell the second person, so it is still necessary to show a trace of solemn worry, of course, as long as a trace is fine, because he is the winner who wants to profit from this crisis.

"Markets tend to get worse before they get better. ”

Hearing the words of the big boss, several people present at the conference table and Alvitatre who was connected by video couldn't help but nod slightly, but they all smiled bitterly in their hearts, what the boss said was not wrong at all, but the current problem is that because the economic crisis has worsened more than expected, no one knows how bad the market will be in the future.

In the face of this once-in-a-century economic crisis, it is difficult for even the "stock god" Warren Buffett to create a myth.

Shares of Warren Buffett's Berkshire Hathaway have fallen for the sixth straight session, down more than 40% since the beginning of the year.

Without this crisis, veteran rogue Warren Buffett would have brought investors an annual return of 20% over the past 20 years. However, at the current market price, the total profit of investors in the past five years is less than 3%.

"Warren Buffett's investment principles may be fine, but the problem is the economic fundamentals of the United States... Hearing what Al said, Andy said lightly that he had expected the loss of the old rogue Buffett.

However, this old guy has enough patience to wait, this kind of patience is not as simple as it says, his kind of patience that will not fall to the heart price will never buy, will not sell if it does not rise to the psychological price, and the patience of unswervingly waiting is not something that anyone can insist on.

"What is Goldman Sachs' share price now?"

Seriously, Andy is indeed a little unkind, as an ally in the acquisition plan, Andy did not forget to short-sell Goldman Sachs' stock price in the secondary market, and when he had lost more blood, he did not miss the opportunity to suck the blood of his allies, and he meowed.

"$55 up. ”

"Tsk... The corners of Andy's mouth twitched, his eyes narrowed slightly, and he smashed his mouth a few times, and the expression on his face seemed to be suppressing his joy.

Goldman Sachs, which is regarded as the "crown" of the U.S. financial industry, is also unable to escape the fate of the collapse in stock prices. Goldman Sachs hit its lowest closing price since going public in '99 at $55, a loss of nearly 80% from last year's record high of $248. And this is Warren Buffett, who injected $5 billion into Goldman Sachs, but the subscription price at that time was $115 per share.

"Citi plunged 23% in the previous session. Shares of banks fell nearly 18 percent, as did shares of Bank of America. After the collapse of the five major investment banks on Wall Street, several major commercial banks in the United States are facing a new round of life and death struggles.

Since the beginning of the year, Citi's stock price has fallen by about 84% and is currently trading at $9.5. Citigroup, once known as the world's largest bank, is now the fourth-largest bank in the United States by market capitalization. If the company's stock continues to plummet, Citi may have to file for bankruptcy protection because it is insolvent.

According to the information we have received, Citigroup may announce plans to lay off 50,000 employees worldwide, and at the same time, it is looking for financial support everywhere, and according to reliable sources, the Desert Prince is interested in investing money.

In order to alleviate the sell-off situation in the market. After the close of the New York stock market today, in order to curb the further decline in the stock price, Citi has filed an application with the US Securities and Exchange Commission to prohibit the short selling of Citigroup's shares.

There are also rumours that Citi has considered selling its assets to survive, and the company has not ruled out mergers with other companies... ”

"Citi is currently the most problematic of the four major commercial banks, and the U.S. government can't afford to let it go bankrupt. Andy frowned, tapping his fingers on the table of the conference table and said lightly.

"The problem now is not just a lack of confidence in the market, but a problem with the balance sheets of the banks, and no one knows exactly how many non-performing assets these banks have. As economic fundamentals deteriorate, the situation can only get worse, and it is doubtful how effective the government's financial bailout plan will be.

The Treasury Department still has about $60 billion left in the first $350 billion funding, and Paulson has a chance of picking on it, and he has privately said that he will leave the remaining bailout funds for the new president.

Hehe, in the face of growing doubts that the financial rescue funds may be used to pay Wall Street executives, Paulson can't stand it!"

"It's too ugly!"

Hearing the ridicule of his own boss, Alvitatre couldn't help but sneer and mock, "In addition to our Yingtai Bank, the first eight banks owed a total of more than $40 billion in pensions and deferred bonuses to senior managers by the end of 2007. As soon as the relief funds arrived, they were distributed and disbursed immediately. ”

It is no wonder that the people of the United States will take to the streets and launch the occupation of Wall Street, but how can the rich people on Wall Street care about the protests and clamors of those people, the so-called dishes will also be trampled on at will in the bloody conflict, to put it bluntly, the United States is the United States of the rich!

"Don't talk about that, let our people continue to keep shorting financial and bank stocks, and if we don't use leverage, we won't use it, but don't think about letting us let them go.

What's new at the Yellowstone Club?" Andy has also lost interest in continuing to listen to the power-for-money deals that are taking place on Wall Street, even though he is a beneficiary of this circle.

"The accounts are messy and there is a serious misappropriation of funds... ”

Andy shook his head and smiled indifferently, he had already been mentally prepared for the situation reported by Al, "Let our people not have to care about those problems, in this way, tell Idra Brix Seth that we will pay her the funds in a lump sum, in addition to the club's assets and all members, she must take on all the debts, salary arrears and the like, we only need net assets, and completely separate from their previous operations!"

"Understood, boss. Al nodded, understanding that the owner at home didn't want to worry about the whereabouts of the past membership fee with the other party, and wanted to get rid of all the baggage and let the Yellowstone Club start operating lightly. This kind of result will be greatly relieved by the other party.

After the video conference, Andy also disbanded the on-site meeting, and let a few people go down to rest and wait for the afternoon negotiations, while he looked at the amount of money that the various financial branches in his hands had earned him in the recent period.

Because countries around the world are restricting or prohibiting short-selling of financial stocks, although the income is very considerable, it can't give Andy much surprise, but with the soaring gold price in front of him, he is really a little numb to the income of 120 million 200 million in each branch.

With the price of gold rising all the way, Andy's influence and reputation among the American people have also soared, after all, no one will hate the 'good guys' who can invest and make money with them, especially when the financial turmoil is raging and the financial market is dark.

As a result, a lighthouse effect is gradually forming around Andy, and even Andy's Facebook followers have officially exceeded 100 million, becoming the world's No. 1, and Andy's own product Instagram account, the number of fans is moving towards the 100 million mark.