American Fortune Life

Chapter 474 Hunting 4 Billion (Part 2) Crazy Counterattack

Andy didn't know about his appearance and intervention, which deflected many things. Even if he knew, he would say lightly, it's none of my business!

When Andy was very satisfied with the harvest tonight and took his sexy and beautiful girlfriend home to play a happy game of sex, he didn't know that he was looking forward to the arrival of the subprime mortgage crisis because of the huge profits.

However, the US government and the Federal Reserve are trying to avoid risks and slow down the arrival of the subprime mortgage crisis, so that they have enough time to deal with or release the huge impact and harm of the subprime mortgage crisis.

It was only two days before the negotiation with Morgan Stanley, on Thursday, May 31, 2007.

Andy's face sank as he watched Paulson's bullshit on TV.

"The U.S. government is closely monitoring the subprime mortgage crisis and believes that the current situation is still manageable and that the overall U.S. economy will not be dragged down.

Although the cooling of the US real estate market has caused some losses to the subprime mortgage market, it will not harm the development of the overall US economy. "

Paulson also said in an interview with American television that the real estate market in the United States is undergoing major adjustments, and it is still too early to judge whether the market has bottomed out. He also emphasized that it is not surprising that some problems in the subprime mortgage market due to the impact of falling house prices, but these problems are largely manageable.

On the stock market decline, Paulson said: "I continue to believe that the U.S. economy is healthy." He pointed out that U.S. export growth continues to exceed import growth, consumers are continuing to spend, inflation is also under control, and the U.S. economy is currently growing at a "sustainable rate."

In addition, strategists from Lehman Brothers Holdings also pointed out that the amount of US mortgage defaults and bad debts may climb to US$225 billion in the next two years, but this is not enough to drag the US economy.

Andy stood in the living room with a gloomy face and a sneer at the corner of his mouth, watching Paulson open his eyes and talking nonsense, Ivana hugged Andy from behind with a worried face, and pressed her face against his back superior.

"Hehe, don't worry, although there will be twists and turns, the general trend will not change in the slightest, and some people will eventually pay a heavy price!"

However, in order to boost the U.S. economy, half an hour before the stock market opened, the U.S. Federal Reserve Board announced that the short-term interest rate would remain unchanged at 5.25%, driving Wall Street stocks to rise sharply.

"Massachusetts officials said they had requested documents from UBS Securities and Bear Stearns for their analysis of research and analysis of subprime lenders, including New Century Financial.

Barney Frank, chairman of the U.S. House of Representatives Financial Services Committee, said,

He plans to introduce a bill that would limit excessively risky mortgage lending if the subprime mortgage market goes awry.

But the Democratic lawmaker also said he doesn't think problems in the subprime mortgage market pose a broad threat to the U.S. banking system. The US Treasury Department official in charge of financial markets also stated that the crisis in the subprime mortgage market will not spread.

“We are paying close attention. We think the overall capital market, including the overall mortgage market, is doing quite well,” the official told the media. “The government will continue to monitor and assess the market situation.”

Members of the Senate Banking Committee said Congress will likely focus on the risks faced by large banks investing in subprime mortgages and whether the current situation is properly reflected in stock prices.

Mortgage insurer PMI Group says the home finance sector has grown so fast in recent years that many lenders are willing to ignore applicants with poor credit histories.

“We have long said that the market is underestimating the risk. We think there is more risk in this area than some people think,” said a spokesman for PMI Insurance. "

In the office, Andy leaned on the boss chair, pressing his temples that had been beating wildly. The situation changed, and various characters appeared on the stage for two consecutive days, advocating all kinds of lies to boost the economy, trying to cover up the outbreak of the subprime mortgage crisis. risk.

The counterattack was not without ferocity. In the past two days, he could also feel the changes in the expressions and spirits of the employees of Liberty City Investment Company and Gaia Company. They all looked preoccupied and worried about the future of the company and their own. Because they are no longer confident about the work they have worked hard for several months.

"boss..."

Andy's slightly closed eyes suddenly opened, showing a chill, frowning and looking at the little assistant Tory Black, who was timid and shrank his neck slightly.

Seeing her look like a doormat, he couldn't help laughing angrily. To be honest, he has been in a very bad mood these two days. It would be nonsense to say that he is not worried and full of confidence. He will be safe until the last moment. Who knows what will happen.

After all, he is a person, not a god, and emotional fluctuations and external stimuli will affect him. This is a gamble that affects all his wealth.

Seeing a smile appear on the gloomy face of the Great Demon King, Tory Black also heaved a sigh of relief, "Mr. Stone, I'm waiting outside to see you."

"Let him in and make me a caramel macchiato..."

Seeing that the big devil had returned to his usual tone and expression, the little assistant also became happier, nodded and walked out of the office with his little butt twisted.

Soon Bardstone came in, with a wry smile on his face, and said to Andy: "It's noisy again, I really can't stand the atmosphere inside, I really admire Al's eloquence."

"Why, the people at Morgan Stanley are still the same as yesterday, wanting to lower the price? Didn't they clamor to stop talking? Looking at their increased bullishness in the major media in the past two days, I thought they would pat Ass go away!"

Andy was upset because of the dying struggle of the government and the Federal Reserve. He knew what would happen, but he could only watch these clowns deceive, cover up, and weave lies, affecting the progress of his plan time and time again.

"Ha~" Bardstone showed a mocking sneer on his face, "They want to pat their butts and leave, but they know the real situation better than anyone else. The high-level group on Wall Street is aware of the crisis and tightened their pockets. Their sudden turn around is undoubtedly manipulating the market, trying to cash in their bargaining chips and reduce losses before the crisis breaks out completely!

And boss, don't forget the real identity of Treasury Secretary Paulson. Although he gave up his high-paying job as CEO of investment bank Goldman Sachs and sold all his Goldman Sachs shares, his Goldman Sachs genes will not change in the slightest. "

"The time to pull the trigger is always much shorter than the time to wait. The prey is unwilling to be caught obediently." Andy said with emotion. In fact, he still has one thing to say, that is the suffering, only the experience , can really understand!

"Since they are not afraid of procrastination, let's procrastinate until the cover can't be covered and the inflection point appears. At that time, Damo will have no choice, and they can only accept all our requirements." Bardstone said As he spoke, he smiled and took the coffee from Tory Black.

"Are they still unwilling to compromise on the convertible preferred shares?" Andy beautifully enjoyed the caramel macchiato coffee in his cup. He still likes sweet coffee, which is too bitter to bear, but Lao Mei still loves bitter coffee. very partial.

"They think our terms are too harsh, they cannot accept the $1 billion preferred stock, and they want to limit the time range of our preferred stock. Al is fighting with them.

Hehe, their negotiating team seems to be because of the market changes in the past two days and various big figures coming out to endorse the market, which has increased their momentum a lot, and started to put pressure on us by using the general environment, but they also know that there is little hope. However, the amount of preferred shares has been stuck at 500 million, and they will not let go at all. It seems that this is their bottom line. "

Listening to Bardstone's analysis, Andy put down the coffee in his hand, touched his chin, narrowed his eyes slightly, and thought, "What is their current market value?"

"About more than 50 billion, the preferred shares given to us are also calculated at the value of 1%, but they will definitely fall sharply in the future. If the cashing time period is stipulated, this will greatly reduce the benefits."

Andy nodded thoughtfully, stood up from the boss chair, tightened his loose tie, ignored his rolled up shirt sleeves, and said to Budstone: "Go, go to the conference room, I don't have any Patience has been entangled with them, the follow-up plan does not allow us to continue to waste time on them!"

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