After the car accident, Franklin was taken to the hospital for examination, where he was found to have only a few skin injuries, and he was discharged after a few days of treatment in the hospital.

But in the past few days, Franklin's head has exploded, his mind and body are exhausted, and the negative news of Fannie Mae has come one after another, first Fannie Mae's new round of MSB, sales in financial institutions are not ideal, and the number of customers who default on loans has hit a new high, and the rating company downgraded Fannie Mae to negative. On Wall Street, Fannie Mae's stock price has fallen significantly, and Freddie Mac has become its brother, with the stock prices of the two companies falling in tandem, and there are more and more negative reports about the two companies.

Franklin sat in his office, papers piled up on his desk, and in front of him, the three CEOs stood dejectedly.

After Franklin finished reading a financial statement, he threw it on the ground.

"Why? Why is this happening? Didn't those financial institutions beg us to sell MSB to them? Why don't you want it now? ”

Franklin roared violently, and the three bosses in front of him were shocked, lowered their heads, and no one dared to make a sound.

"Jack, you say, why are so many people defaulting? How did your credit department review it in the first place? "After Franklin roared, he named Jack.

Jack looked up at Franklin and said in a low voice: "Mr. President, what we do is subprime credit, they are all individuals who are not creditworthy enough, when the stock market falls and the economy goes down, they will be affected first!" This affects their ability to repay the loan! ”

"So they don't pay the loan? Borrowing to repay money is a matter of course! Franklin roared angrily, these pigs can't afford to buy a house, so they don't want to take out loans, and now they are even affecting their own companies.

Franklin is a white positor, or rather a racist, but his company's customers are not only white, but also Hispanic, African-American, and Asian-American people of color, much to Franklin's displeasure.

Now, these are the same people who are leading the breach of contract and plunging his company into crisis, which makes Franklin hate them to the root of his teeth, and he wants to destroy them as an inferior race.

"Mr. President, we used to do subprime credit!" Jack explained carefully.

Franklin glared at Jack viciously, the more he looked at Jack, the more unpleasant he became, why was he so unreasonable, how did he take a fancy to him in the first place, and let him be the boss of the credit department?

"We do subprime loans, is that why they default?"

"This ......" Jack was completely speechless, and sweat was already faintly visible on his forehead.

"Vanchez, why did the Grand Guild downgrade our credit rating? Will our stock fall so much? Franklin asked another man.

"Mr. President, I have questioned Dagong about the downgrade of our company's rating, and they said that it was based on the expectation of our company's future profits and possible risks, so our company was downgraded! As for why our stock price has plummeted, Dagong's downgrade is just an inducement, but the main thing is that there is a lot of money shorting our company! Vanchez, the head of the investment department at Murray, reported what he knew to Franklin.

"Someone would dare to short our company? Who ate Bear Heart? Franklin was a little confused, he didn't expect anyone to dare to short Fannie Mae.

Fannie Mae's relationship with the U.S. government and the U.S. Federal Reserve is inextricably linked, and it was established by the U.S. government to implement the home ownership policy, and although it was later privatized, the relationship is still there.

Franklin couldn't have imagined that someone would ignore Fannie Mae's potential relationship with the government and shorted Fannie Mae's company, how could this not make Franklin angry!

"We're investigating, but we haven't found out yet!" Vanchez told Franklin.

"Let people check on Wall Street!"

Franklin saw that someone was shorting his company, and he couldn't find out who it was, which added fuel to the fire, making his hair stand on end and he was furious.

"Mr. President, this is illegal!" Vanchez reminded Franklin.

“……”

No matter how bold, arrogant, and arrogant Franklin was, he didn't dare to defy the law.

"We'll find out who's shorting, it's just a matter of time!" When Vanchez saw his boss stunned, he assured.

"The sooner the better! I want to see who it really is! Franklin said through gritted teeth.

The pencil in his hand was broken by him with all his might, just like breaking the short-seller, which made him feel very happy.

As Fannie Mae's CEO, Franklin, he already knew that the company was in a liquidity crisis, and if it didn't inject new money and increase liquidity, the company would be in trouble or even bankrupt.

Now, he must raise money for Fannie Mae to solve his immediate needs!

Franklin picked up the phone and called John Morgan.

John Morgan is the CEO of JP Morgan Chase Bank, and he comes from the largest and oldest Morgan family in the United States. He is the leader of this generation of the Morgan family, the future successor of the Morgan family.

JP Morgan Chase Bank claims to be the largest investment bank in the United States, which was merged on December 11, 2000 by the United States Reserve of Chase Manhattan Bank and J.P. Morgan Investment Bank, but it is still inseparable from Citibank and Bank of America.

"Hello! Mr. Morgan! Franklin answered the phone.

"Hello! Mr. Franklin! John Morgan was also very polite when he saw Franklin's call.

"Mr. Morgan! Fannie Mae has a new investment product, which is a credit-based MBS product with a high return on investment and stable returns! I wonder if Mr. Morgan is interested? ”

Franklin, after all, was an old bird over the Atlantic, and instead of increasing the company's liquidity to John Morgany, he was selling Fannie Mae MBS financial products to him. If John Morgan had agreed to buy Fannie Mae's MBS financial product, Fannie Mae's liquidity trap would have been solved.

What a man John Morgan was, and how could Franklin's careful thinking hide from him? Of course he knew what Franklin meant.

John Morgan was holding a cigar in his mouth and holding a copy of the information that had just been delivered to him, which coincidentally was a report on the investment analysis strategy of Fannie Mae and Freddie Mac. According to the report, these two companies have actually encountered difficulties in operation, and if the economy continues to decline, the number of credit defaulters will increase significantly, which will bring unexpected results to these two companies, two financial companies whose main business is real estate credit.

In the report, analysts pointed out that now is the best time to short Fannie Mae and Freddie Mac, and even impliedly that there is now money to start shorting the two companies.

John Morgan muttered to himself, what is the source of the money that has begun to short Fannie Mae and Freddie Mac? You must know that JP Morgan Chase Bank has a world-class analysis team, and they will not let go of any opportunity to make money, but this time, their analysis report has only reached their own hands, and there are already people who are shorting Fannie Mae and Freddie Mac.

John Morgan was so curious that he took a cigarette in his mouth, tilted his neck sideways, and held the phone between his head, listening to Franklin's call while he put a pen to the report: Find out who it is!

John Morgan will not make a move when he doesn't find out who the money is, and he will never do anything about making wedding dresses for others!

After John Morgan approved it, he motioned to the secretary to forward the report to the investment department, so that the investment department could check the source of the funds! Let's see why they want to short Fannie Mae and Freddie Mac.

These two companies, John Morgan knew he had a problem, but he didn't dare to short! This is because he knows the relationship between these two companies and the government and the Mid Fed, and if he goes on a short spree and the federal government or the Mid Fed suddenly provides liquidity to these two companies, the stock price will inevitably reverse.

Therefore, there is a great potential risk in shorting these two companies! John Morgan would rather miss than do wrong.

But he didn't expect that there would be funds to strike first, and rudely the relationship between these two companies and the government and the Federal Reserve of Mi Fed, and began to short-sell! This is also eating bear heart and tiger guts!

After John Morgan had done all this, he leaned back on the couch and listened quietly to Franklin's nagging on the phone!

By the time Franklin finished speaking, John Morgan already knew that Fannie Mae's liquidity was even more serious than the report he had just read, otherwise Franklin would not have called him to personally sell his company's financial products!

No matter how clever Franklin is, John Morgan certainly won't fall into it!

"Mr. Franklin! For your company's MBS financial products, our investment department will evaluate and make an appropriate investment strategy! That's not something we should be thinking about! I wonder if Mr. Franklin has time, how about we have a drink? ”

John Morgan has been so quiet about Franklin's promotion of financial products, and the investment department will take care of the investment matters, so we might as well put aside these mundane things and have a drink!

Franklin was on the other side of the phone, and he was speechless for a while, not knowing what to do! He already knew that John Morgan's JP Morgan Chase Bank would no longer buy his company's financial products, and he was already so anxious that he had no interest in John Morgan's invitation to have a drink, so he had to politely decline: "I'm sorry, Mr. John Morgan!" If I have time, I'll be sure to have a drink with you! ”

Since the two of them couldn't agree on the topic, they had to talk politely about the weather and wine, and then hung up the phone!