"The U.S. banking industry will soon have a crisis due to real estate......" Tang Bao had already left, but these resounding words echoed in the press conference field.

East West Bank's press conference ended.

Reporters are leaving in twos and threes, rushing back to catch up with press releases, and some people are thinking more, will US real estate prices really plummet, and will banks be in trouble because of this?

Maybe.

Everyone has their own opinion!

……

East West Bank, inside the headquarters.

"Boss, is it true that you said that there will be a crisis in the U.S. banking industry?" Vinnieberg was shocked by Tang Bao's astonishing remarks, he thought that there may be many banks in the U.S. banking industry that are in a similar predicament as the F.B.N.K financial company, but it would be an exaggeration to say that the entire banking industry in the U.S. will be in crisis as a result.

To his surprise, both Nick and Robert were very calm, and seemed to agree with Tang Bao's prediction.

But.

Winnieburg was wrong about this, and the reason why Nick and Robert weren't surprised was that they had heard Tang Bao say it a long time ago.

"Hey, it's so much worse than you think!" Tang Bao said affirmatively. At that time, the savings and loan crisis in the United States had not yet completely detonated, but only showed a little hint, and if the US government had vigorously rescued it at this time, it would have been enough to avoid the outbreak of the crisis. But the U.S. government was too slow to react, overly optimistic about the crisis at the savings and loan banks, thinking that the banking system could solve it on its own, and that led to the crisis intensifying.

Ultimately. Out of control. By the time the government comes up with the idea of bailing out the various savings and loan institutions and banks, it will already be too late.

“……”

Wineburger couldn't argue with that, after all. The F.B.N.K finance company he owned fell on falling house prices, which is a living example. If countless savings and loan institutions and banks are in a similar situation to them, and they can't recover the loans they lend out, it may really cause a storm.

"Oh, Vieniburg, the boss predicted as early as last year that the downturn in the real estate market would drag down the bank to break out in crisis. As a result, East West Bank has long since withdrawn from its real estate business. A series of expansion plans have also been developed after the outbreak of the crisis! Robert said excitedly.

"Ahh

Winnieberg was shocked.

F.B.N.K Finance, Inc., Mid-Atlantic Regional Bank. Pikt Holding Bank...... All of them have long been on East West Bank's acquisition list. Robert said proudly that many of the banks he is targeting are deeply involved in the real estate market, and as long as house prices fall, there will definitely be big problems.

Lots of media newspapers. It is said that Tang Bao is a legend of the rise of Wall Street and a financial genius.

But.

Until this time.

Vinnieberg really saw the horror of Tang Bao, and last year, he predicted today's situation, which was really a prophecy of God.

It's no wonder that at such a young age, he can mix like a fish in water on Wall Street.

At this time.

Winnieburg was secretly glad to accept Tang Bao's invitation to join East West Bank. It's exciting to think about working next to a boss like that.

"If East West Bank wants to quickly consolidate the acquired banks, it must buy back the remaining outstanding shares as soon as possible...... Tang Bao said.

Seeing Tang Bao's gaze turn to him. Winnieberg also realized what Tang Bao meant. I wanted to give him this task, and I was busy: "Boss, the Central Regional Bank of Western University and the Pikt Holding Bank. Leave it to me to be responsible. As for the F.B.N.K financial company's share buyback, I stepped in, and it may be more troublesome. ”

"Hmm."

Tang Bao felt that it made sense, after all, it was Winnieburg who led the "fire sale" of F.B.N.K finance, and at this time he became the vice president of East West Bank, and he might be suspected of his real intention of selling F.B.N.K finance to East West Bank.

There was indeed no transaction between Tang Bao and Vieniburg. However, the outside world will not think so......

"Robert. F.B.N.K Financial Company share buyback, you send someone else to take charge! Tang Bao turned to Robert and commanded.

"Yes."

Robert hurriedly responded.

Soon.

East West Bank filed delisting petitions with the U.S. Securities and Exchange Commission for three banks. However, for a delisting application to be approved, it must not only be approved by more than two-thirds of shareholders, but also ensure that fewer than one-tenth of the opponents are opposed. The former automatically satisfies the conditions because East West Bank has absolute control over the three banks. However, all three banks have more than 10% of the outstanding shares, and if the holders of these shares are jointly opposed, they will not be able to successfully delist.

Thankfully.

The delisting application went smoothly, although there were some minor twists and turns, but it was finally settled without danger, and East West Bank offered a more reasonable repurchase price, and reached a repurchase agreement with those investors who owned the shares of the three banks. The delisting application was successfully approved!

……

East West Bank, for its part, is busy delisting F.B.N.K Financial, Mid-Atlantic Bank, and PIKT Holdings.

The outside world reacted differently to Tang Bao's prediction.

As a result, some are more eager to withdraw bank funds and deal with the unexpected. And more are dismissive and cynical about it.

"House prices are falling, transaction volume is falling? Hmph, that's because the yen has weakened recently, and Japanese investors have suspended their investment plans, and when the yen rebounds and recovers, it will naturally return to normal. Saying that the real estate industry will encounter a crisis, what does he know about real estate? There is also a crisis...... It's really ridiculous, thinking that if you are lucky enough to bet on the stock market a few times, you can really become a master of prediction? A bank real estate market analyst, in an interview with a reporter from the New York Times, unceremoniously sneered. As for who is being ridiculed, although he did not name it, everyone understands it.

"The U.S. real estate industry is booming, and many investors are making windfall profits as a result. Well, according to our analysis, maybe this era of profiteering will be far away from us, but to say that a crisis has broken out is simply nonsense. The real estate guild has become more mature and stable! As for the banking industry in the United States, many small savings and loan banks have problems, that is, they are out of the wing of the government, and they have not yet fully applied to the fierce market competition, but in a few years, they will get better. It is inevitable that a few savings and loan banks will encounter a crisis, but to say that a crisis will erupt in the entire banking industry is nonsense......" said Zars, a top analyst at S&P, confidently.

Don said that the United States is going to have a real estate crisis and a banking crisis; Don said that the Soviet Union was about to hit the United States; Don said that a nuclear war was about to break out between the United States and the Soviet Union...... Well, Don also said that he is from the future and is a master of prophecy...... Hahaha......" The host of a certain TV channel spoofed.

……

Burst.

Tang Bao turned on the TV casually, just heard the words of the host of a show, drank the milk in his mouth, and couldn't help but squirt out.

"Nima's, you're really right!" Watching the host on TV keep spoofing, like a clown, Tang Bao laughed silently.

To be exact.

Tang Bao is really from the future...... This guy said it casually, and he actually said it right. You have the potential to be a soothsayer!

"Boss, why don't you change the channel, this show is too boring." Nick saw that the host of the show was constantly scandalizing and ridiculing Tang Bao. I couldn't help but be a little angry, but there was nothing I could do but be angry. Because it is legal in the United States, as long as there is big material that can attract the attention of the audience, even if he is asked to spoof the president of the United States, they will not hesitate to do it.

"Huh?"

Tang Bao was stunned for a moment, then shook his head, and said with a smile: "What channel to change, I feel that this show is quite good, just like watching a clown perform." ”

For the endless ridicule and ridicule of him on the TV show, Tang Bao was too lazy to care, laugh, laugh, let's see if you can laugh so happily after a while.

"Forehead ......"

Tang Bao's calmness was beyond his expectations. Rao is a calm person like him, he was a little angry, but he didn't expect Tang Bao to be able to face it calmly.

……

It wasn't until the end of this program that Tang Bao couldn't get enough of switching channels and watching some news programs, but even in the news broadcast, there were analysts, economists, etc. who jumped out to refute Tang Bao's remarks about the banking crisis, ridiculing, ridiculing, and even attacking.

And the one who danced the most.

It's S&P's top analyst Zars, who jumped out and stabbed Tang Bao earlier when the Phoenix Pioneer Fund was released.

This time, he is still not missing!

"I said a long time ago, Tang, just a gambler from China, what kind of economy does he know? The real estate and banking sector in the United States is developing well, and a crisis is simply not possible! Is he crazy about shorting the U.S. stock market? Zars mocked the camera with a very exaggerated expression.

"Just like him, he still wants to start a rating company, but fortunately he didn't succeed. If he really made a rating agency, maybe many investors would go bankrupt because of listening to that guy......"

……

Switch between several channels in quick succession.

There are all the figures of Zars, and they are all predictions of Tang Bao, attacking and mocking, as if it is his job to attack and mock Tang Bao.

Hey.

Looking at the slag who frequently appeared on various news channels, Tang Bao sneered in his heart, and said secretly, you are so hanging, does S&P know.

……

Syllable.

Turn off the TV.

"Ha, it seems that there are a lot of people who don't look at me right?" Tang Bao stood up, walked to the window and looked at the street scene, and said with emotion.

"Boss, don't care about those people. They're jealous......" Nick comforted.

"Hehe, I didn't care. Well, just wondering, what would happen to them if there was a sudden crisis with their sworn promise that there would be no problems with real estate and banks in the United States? Suddenly, Tang Bao turned to look at Nick and asked softly.

Well.

Nick was stunned for a moment, and couldn't help but think of the remarks of those people just now...... (To be continued) R580