At night.

Tang Bao stayed in the hotel and waited for news from Feitna, one day left before the one-week deadline he had set for Feitna.

"Boss, if Feithner doesn't respond in time, will East West Bank really pull out of the acquisition?" Robert asked nervously, the acquisition plan was in the final step, and he was about to give up suddenly, he was reluctant to give up. FirstWisconsin International Bank, the acquisition of it will make a qualitative change in East West Bank.

At this time.

Winnieburg and Nick also focused their eyes on Tang Bao, waiting for an answer, they were also very concerned about this question, whether Tang Bao was threatening to quit or was serious.

“……”

Tang Bao smiled silently, whether to withdraw from the competition to acquire FirstWisconsin International Bank, he still has to decide according to the actual situation.

Now.

Without the solid shield of Mitsubishi Bank, East West Bank is already on the cusp, and the longer it drags on, the more detrimental it will be to East West Bank.

So Tang Bao had to put pressure on Feitner to speed up.

"Ah, boss, you're scaring Feitna......" Seeing the smile on Tang Bao's face, Robert suddenly understood and became excited.

Opposite.

Wineburger, who was sitting next to him, was a little disappointed, he was not optimistic about East West Bank's acquisition of FirstWisconsin International Bank from the beginning. He hoped that Feltner would not give a timely answer, and then let Tang Bao withdraw the acquisition plan.

"Well, it's not exactly a scare, you all saw it. The recent public focus has been on East West Bank, which opposes East West Bank's acquisition of FirstWisconsin International Bank, although the US government has not taken a position on this, but it will inevitably be influenced by public opinion. It took a long time. I'm afraid that the U.S. government will get involved......" Tang Bao said worriedly.

Until now.

There are only three contenders involved in the acquisition of First Wisconsin International Bank, Wells Fargo, First International Cincinnati and East West Bank.

With the exception of Tang Bao's East West Bank, the other two are all U.S. banks. It is difficult for the three parties to compete fairly, at least in public opinion, East West Bank is already in an absolute disadvantageous position.

And......

Tang Bao is worried that with the strong expansion of East West Bank, the "Unocal" incident similar to the previous life will be staged in advance! Wells Fargo and First International Cincinnati may not be willing to compete with East West Bank. They all know what would be a fatal blow to East West Bank.

Two of the three companies are local companies, while the other strong one is foreign capital and Chinese capital that is included in the defense country.

What will happen? Just think about it a little and you'll understand!

"Whew...... Wells Fargo and First International Cincinnati won't give us a chance to level the playing field! Tang Bao sighed softly.

Whether there are two forces behind the scenes, Tang Bao doesn't know, but he understands. Neither Wells Fargo nor First International Cincinnati will miss any opportunity to hit their competitors.

"Hmm."

Speaking of this, Robert and the others all nodded slightly. They also know that East West Bank's shortcoming is in Tang Bao's identity.

……

July 12th, early in the morning.

Yellen, chairman of the Financial Services Committee of the U.S. Congress, publicly sent a letter to President Reagan, expressing concern about East West Bank's aggressive expansion in the United States, especially about the consequences of East West Bank's acquisition of FirstWisconsin International Bank, saying that this acquisition will pose a very obvious threat to U.S. finance and security, and strongly urging the government to ensure that important U.S. financial companies are not sold to China, Japan and other countries.

That day.

Nearly 60 members of the U.S. Congress also sent a letter to President Reagan asking the administration to scrutinize East West Bank's operations in the United States.

"Don. He is a smart man, but we can't confirm whether East West Bank's expansion was purely commercial or was dictated by China and the government. Yes. Perhaps East West Bank's series of expansion plans did not come from the Don, but from the state apparatus hidden behind the scenes. From this point of view, their actions are more dangerous than that of crazy Japanese capital, because they are trying to erode the financial system of the United States...... Think about it. What happens when innocent people put their money into East West Bank, and suddenly one day they find that their savings are gone? It would be a catastrophe of great proportions, and perhaps millions of innocent people would be implicated! Therefore, I think it is time to severely limit the expansion of East West Bank, or even disqualify it from working in the banking industry! Pennsylvania Senator Hillencott, who has long been unhappy with East West Bank, took the opportunity to jump out again and appealed, this time even more viciously, not only demanding a review of the acquisition, but also calling on the U.S. government to cancel East West Bank's business qualifications.

Syllable.

Hillencott's remarks were published in full on the front page of the New York Times, and after reading all the contents, Tang Bao was extremely unhappy and worried.

It seems that the crisis is constantly approaching East West Bank......

"Disqualification? They don't have the right to do that! Robert, who read the newspaper, said angrily that East West Bank's banking qualifications were received from Redwood Community Bank, and everything was in accordance with the law. Boss, don't worry, our banking qualifications are fine, and that bastard can only talk about improving his exposure. ”

"Not bad."

Winnieburg nodded, as long as East West Bank's business did not violate the law, there was no reason for the U.S. government to cancel East West Bank's banking qualifications. East West Bank has acquired more than 100 banks, each of which has a qualification, and there is no reason to cancel it.

"Boss. If the U.S. government dares to do this, I think many elite lawyers across the U.S. will come to Mao Sui to nominate themselves and fight a lawsuit for East West Bank. And this kind of lawsuit is almost sure to win! Winnieberg said with a faint smile, not the slightest concern.

"Hmm."

Tang Bao nodded. As long as the U.S. government can't get hold of East West Bank, it can't cancel the qualification of the banking industry.

He's angry, but he just doesn't feel happy that this bastard has repeatedly made remarks that are unfavorable to East West Bank.

Other than that.

Tang Bao is also worried that Yellen, chairman of the Financial Services Industry Committee of the US Congress, 60 members of Congress, Hillencott and others have come forward one after another, but I am afraid that it will not be so simple.

Maybe.

The behavior of these people. They were all instructed by some people.

This.

Tang Bao guessed correctly, Wells Fargo Galaxy and First International Cincinnati acted in a very tacit agreement, intending to kill East West Bank, the strongest competitor, in one fell swoop. And it's very simple, they just need to stir up panic among the population and lobby Congress and the government to intervene.

July 13th.

Randt, the president of Wells Fargo, commented briefly in the Wall Street Journal: "We are not afraid to compete with any strong opponent, but we do not know whether we are competing with a business rival or a national government.

Same.

New York Governor Cuomo stepped forward to say: "The U.S. banking sector has been very stable. No major problems arose. However, after Don made some remarks about the outbreak of the crisis, the banks in the United States broke out all kinds of problems one after another, did he really predict the crisis? Or maybe he secretly created this crisis. As far as I know, after the banking crisis, it was Don's East West Bank that benefited the most, and he bought a large amount of bank assets for only a small amount of money, and even some banks worth hundreds of millions of dollars, which were sold for only a symbolic dollar...... I wouldn't approve any bank acquisition in New York State lightly. It is useless for anyone to lobby. I will be responsible for the banking industry in New York State, and I will also be responsible for the safety of people's deposits. ”

Then.

The vice president of the Federal Deposit Insurance Corporation of the United States also revealed that East West Bank did not pay insurance for the deposits it absorbed with the Federal Deposit Insurance Corporation.

Wow.

As soon as this news was revealed. It immediately attracted the attention of many people.

East West Bank doesn't pay insurance? What this means, anyone with a modicum of common sense knows, without insurance, in the event of a crisis at East West Bank. Depositors' deposits will not be guaranteed, and their deposits will not be paid out in the event of East West Bank going bankrupt.

Other banks are considered bankrupt. Depositors in banks generally don't panic because banks have already paid insurance premiums for every deposit they take, and if something goes wrong, the Federal Deposit Insurance Corporation will pay for it.

……

"It's broken."

After reading the news, Winnieberg's face suddenly turned pale.

"Huh?"

Tang Bao's brows furrowed slightly.

"President Robert, why didn't you say earlier that East West Bank didn't pay deposit insurance?" Winnieberg asked anxiously.

Yes!

Robert was also flustered. Before, the Redwood Community Bank did not pay insurance, he just followed the previous practice, but he ignored one point, the Redwood Community Bank is very small and has a safe corner, even if he does not pay insurance, no one will deliberately trouble him. But East West Bank is the same, and there are so many people staring at it that the slightest loophole will be infinitely magnified and looked at a hundred times.

"Boss, East West Bank has not paid deposit insurance, I am afraid that it will face a serious crisis of confidence! I think there will be a run storm soon! Vieneberg reminded.

"I'm sorry, boss. I'm getting you in trouble again. Robert bowed his head apologetically, knowing that Winnieberg was right.

Alas.

Really......

Tang Bao really has nothing to say to Robert, this bastard, he even has to save money on deposit insurance premiums, and there is no lesson in the previous run on Redwood Community Bank.

……

"Veniburg, you go and arrange a response to the crisis!" Tang Bao said that he knew that this matter was picked out by the other party, and he would definitely use it infinitely.

In particular, the recent banking crisis, when it was reported that East West Bank was not paying insurance premiums for deposits, caused panic as you can imagine.

After thousands of calculations, Tang Bao did not calculate that he would be planted here, and it was planted on his own head. (To be continued......)