"Mr. Minister, something is wrong!"

Henry. Paulson was enjoying his breakfast, oatmeal, toast and diet coke, and it was with Bernanke. Even though it's already 9:40, the busy finance minister didn't have the time to eat his own breakfast until this time.

At 7 o'clock, he was giving a report to Mr. President on the "two rooms"; At 7:30 a.m., he was discussing countermeasures with Fed officials; At 8:20 a.m., he was talking to some members of Congress; At 8:50 a.m., he received some friends from New York.

It was until 9:30 a.m. that Paulson was able to finish the task at hand. He spent the rest of his time working with Bernanke to come up with a definite solution that included not only money and policy, but also enough foresight and a reason to convince members of Congress and ordinary people.

Even the two bigwigs, who have the support of the president behind them, find it tricky to formulate similar plans.

But the roof leak happened to rain overnight, and just when Paulson was rarely catching a breath, James Brown, an assistant from the Treasury Department. Wilkinson and Neil. Castries barged in again, and Paulson's first words made Paulson lose his appetite.

James. Wilkinson was a burly man in his thirties, a middle-aged man with a prominent personality and a radical style, and a technocrat in the quintessential sense. And Neil. Castries was an old and dignified official, slightly shorter and much older than James. However, he is well-known for his strong ability, and he has worked diligently in the Ministry of Finance for most of his life, step by step to get to today's position.

Paulson chose the two of them as his deputy and assistant because of their complementary personalities, and usually the two of them can solve some trivial matters in the Ministry of Finance, which saves Paulson a lot of energy.

Now the two are visiting together. The expressions are unusually solemn. Paulson might have been confused about what he was saying, but Neil James. Castries was also solemn, which made him realize that something might really be wrong.

In this case, where would he still have the desire to eat?

"Fannie Mae and Freddie Mac's share prices have plummeted and are now more than 10 percent." James was anxious. Be the first to report.

Without waiting for Paulson to say something, Neil. Castries added expressionlessly, "15% up, the latest market." He said with a blank face as he handed Paulson his phone.

Due to the negative news of the "two houses" during this period, the stock price has fallen from about $60 at its peak last year to around $30 today. And just as the Ministry of Finance and the Federal Reserve were preparing to make a move on the "two houses", their stock prices once again plummeted.

"What the hell is going on?"

Glancing at the phone screen, Paulson's heart sank. The fall in the stock price means that the funds to take over the "two houses" will cost more. The budget that was originally discussed may need to be revised again, and the increase in funding may be more costly in convincing the outside world and members of Congress.

"There are mainly several aspects of the news guide!"

After glancing at each other, it was finally Neil . Castries took a step forward and reported unhurriedly, "First, the Kaminari Bros. analysts have published an analysis of the 'Two Houses,' claiming that the 'Two Houses' lack sufficient core capital to raise enough money to overwhelm them, and the second is that the Wall Street Journal has published an article. It is said that the 'two houses' may consider issuing additional bonds or stocks to carry out securities lending, and it is not ruled out that the government will inject capital into them; third, there is information that the 'two houses' have inflated profits and written down losses. ”

After a moment's pause. Neil. Castries continued: "In addition, Moody's downgraded the credit rating of 'Two Houses' today, which is also one of the important reasons for the stock price crash. ”

"God, how do they know what we're going to do?"

Enraged, Paulson slammed the can of Coke in his hand and said angrily. "How does the Wall Street Journal know what we're going to do? Damn, I see, someone must have leaked it! ”

Paulson preferred what the Wall Street Journal reported to him over the other two news because, in his opinion. The other two pieces of news are all market action. And this article alone is news from the government, if this article is confirmed, then it means that the problem of "two houses" is indeed very strict, and it is so strict that the government is considering whether to make a move, which is particularly destructive to the "two houses" in the capital market.

Especially on the premise that the government had taken action against Bear Stearns, Paulson really couldn't imagine how the market would interpret this piece of news. Bear Stearns was sold for two dollars per share (although ten dollars per share was later sought), and while Fannie Mae and Freddie Mac were such behemoths, who could guarantee that the Treasury would not sell them for a very low price?

I can't imagine!

Looking at his icy gaze, James. Wilkinson and Neil. Castries felt a little numb in their hearts, and even though they were not whistleblowers, Paulson's tremendous coercion at this time still made them feel a lot of pressure.

"Henry, now is not the time to hold anyone accountable for leaks!" Bernanke, who had been silent on the sidelines, finally spoke, "The top priority now is to find a way to stabilize the stock price list of Dìng's 'two houses', if they really go wrong, it will be very difficult for us to clean them up." ”

"Yes, sir, we think so too!" James. Wilkinson lost no time in chiming in, "It's time for us to step in and make a statement to reassure investors." Otherwise, if the 'two rooms' really collapse, the consequences will be unimaginable. ”

"Investors have to be made aware of something!" Bernanke also nodded, "At least let them know that the report on the core capital of the 'two houses' is purely out of nowhere, and they can't go bankrupt now." ”

Paulson thought about it and thought about it, but finally nodded, "That's true. By the way, Ben, is this statement appropriate for you to make, or is it appropriate for me to make it? ”

"I think it's better for us to publish it together!" Bernanke lowered his head and thought for a moment. "This issue is quite complicated, but a statement by the two of us is enough to dispel the doubts of the market." ”

Paulson didn't say anything more, just looked at Bernanke's unwavering face, and then at his two subordinates. After a long silence, he nodded in agreement.

At 10:30 a.m., the Treasury Department and the Federal Reserve issued a statement signed by Paulson and Bernanke, in which both giants said that the "two houses" are not in danger of bankruptcy at this time.

The announcement has greatly boosted market confidence, and while it is not enough to dispel the rumours, investors can be assured, at least so far, that the "two houses" are indeed unlikely to go bankrupt at this time. Their share prices also began to slowly recover, as of the end of the day. Although it has not yet recovered above $30, the 4.5% and 6.2% declines have somewhat erased the panic caused by the crash, but the total cost of more than $3.5 billion in market value evaporation is a bit too bad.

……

Just when Paulson was angry, there was also one person who was angry, and he was Dick Brown, the president of the Kaminmen brothers. Fude.

Just when the market went viral that the "two houses" might go bankrupt, the rumors about the Kaminari Brothers did not stop, first a rumor that the Pacific Investment Management Company had severed a deal with the Kaminari Brothers came out of nowhere, and then a SAC fund broke off the Kaminari Brothers deal.

Nature. As soon as these two pieces of news came out, the stock price of Kaminari Brothers plummeted. The 12 percent drop left Kaminari Brothers' stock price at a measly $18 per share. Fude was very annoyed.

"Damn, it's all fake news, outright fake news, don't they know to check it?" Dick. Fude roared in his office, "Tell the company's public relations department to hurry up and clarify it." Make a statement, immediately, right now! He yelled into the phone.

This qiē is all an empty conspiracy, and he is still staring at my company. After arranging a qiē, Dick. Fude lay in the sofa chair and gasped. I thought viciously in my heart.

He's been plotting to report hedge funds and the makers of these rumors for weeks, but so far he hasn't had any clues about where they came from, making it difficult for him to get started. And for every day of delay, the danger they face in the capital markets is higher.

But just then, a long-awaited phone rang.

"Sir, it has been ascertained that the source of these messages is from Goodman!" A deep voice said over the phone, "From their traders, to be exact." I don't know if it was at the behest of their top brass or their own intentions, but there is no doubt that these messages were made by Goodman's traders themselves or provided to other institutions. ”

"Why did they do that?" Dick. Fude's face changed, obviously very surprised by this answer, but at this time he couldn't care about so much, he needed to know the other party's purpose, "Why are they slandering us behind our backs?" ”

Strictly speaking, even if Goodman's traders were spreading the news, it was not all "slander", because some of the rumors were true. The highest level of rumor-mongering is the truth and the false, and these people are obviously familiar with this.

As the boss of the investment banking industry, Goodman & Co. is more than a step ahead of the Kaminmen Brothers in terms of asset size and market influence. Paulson also went to Washington from the position of Goodman's CEO, not to mention that so far, Goodman's disclosed financial statements are still the harsh reality of profitability.

If one of the two types of news from Kaminari Brothers and Goodman were to be believed, nine out of ten investors in this market would choose to listen to Goodman's news.

"Hedge funds are working with them!" The voice said, "Quite a few hedge funds, including Greenlight Capital. If you're done, your share of the bond market will be free, and it will give them a lot of opportunities. At this, the voice chuckled, "Dick, don't you know this better than I do?" Whether it's stock underwriting, bond trading, or wealth management, the market is ultimately about fewer competitors, isn't it? ”

Despite the vague thought in his heart, hearing such words from an outsider still made Dick. Fude shuddered. Although the two sides are on the same Wall Street, and there is always a lot of open and secret fighting, Dick. Fude never wanted to put the other party to death. But judging from the current situation, it is clear that Goodman wants to completely eliminate the Thunderman brothers.

Evil arises from the heart, and anger grows on the side of the gall. Dick after hanging up the phone. Fude couldn't control his anger at all, and angrily dialed Goodman's CEO Lauder. Belrankfan's phone, he wants to ask what the other party is going to do! (To be continued......)

ps: Thank you book friend Europe 56, draw the knife and cut off the oil, and the gambler didn't vote for the monthly ticket! Thank you for another reward from the miracle of civilization of Xiaoqi! R1292