American Fortune Life

Chapter 648 Feast of Wall Street

When Andy took Ivana into the banquet hall, the atmosphere in the hall was very active, and there was no pessimism in the subprime mortgage crisis. The business leaders were chatting and laughing, and celebrities from all walks of life shuttled endlessly. The orchestra is playing music that makes people feel happy. In the shadows of their clothes and temples, the ladies are graceful and the men are romantic. Cocktails were constantly being delivered to every corner, and laughter filled the air.

The CEOs of outstanding companies in the Wall Street industry communicated face to face, discussing excellent investment projects, and whispering about who failed in the subprime mortgage crisis. Of course, the eyes of every invited guest unconsciously glanced at the small circle of Federal Reserve Ben Bernanke and Treasury Secretary Paulson.

When the handsome and tall Andy and the glamorous and sexy Ivana walked into the banquet hall arm in arm with an elegant smile, the eyes of all the guests naturally focused on the young and enviable lovers. Wherever they passed, they raised their glasses and nodded with kind eyes and smiles on their faces.

The guests invited tonight are all very satisfied and happy, because of their special social status and status, they cannot make friends casually like ordinary people, so they use such gatherings to expand their social circle and Meet more friends, and Andy's dinner is undoubtedly a very rare high-end banquet, almost covering the entire Wall Street.

As the hostess of tonight's dinner, Ivana naturally couldn't stay with Andy all the time. She needed to entertain the female guests who came, while Andy listened to the three CEOs of Citigroup, Morgan Stanley and Goldman Sachs with a smile on his face. For the Fed's Bernanke and Treasury Secretary Paulson's various appeals, nothing more than hoping that the government will come up with a more powerful bailout policy.

Although Ken Lewis, the CEO of Bank of America, met Andy for the first time, as an important customer of Bank of America, he naturally hoped to establish more personal friendship with Andy, while the old guy Warren Buffett held a glass of red wine, quietly Quietly listened to the communication of the people.

And Paulson brought a clear answer, "The government will never bail out the market!"

All eyes are on the Fed's Ben Bernanke, but no one knows where the Fed's loan limit is. Throughout August, the Fed has been using blood transfusions to ease the panic brought about by the subprime mortgage crisis. This method of blood transfusion still plays a certain role, at least the current US stock market has not experienced a cliff-like plunge.

Cox, chairman of the Securities and Exchange Commission (SEC), looked at the CEOs of several large companies, looked at the expressionless Bernanke, raised his hand, took a sip of the cocktail in the glass, and said lightly: "To Blood transfusion in the market may be able to relieve panic in the short term, but the SEC believes that the most important thing is to prevent some investment institutions from using the short-selling mechanism to manipulate stock prices, and restrict investors from short-selling the stocks of several major mortgage institutions and brokerages.”

As soon as his words fell, everyone's eyes focused on Andy, who had a calm smile on his face. Several Wall Street monsters present were given by Andy, a young, outrageous boy. brutally slaughtered

Morgan Stanley, the most bitter, is even dumb and can't tell the pain of eating coptis. Citigroup, Goldman Sachs, and Lehman were short-sold some time ago, and their stock prices were suppressed, all of which have Andy Predator Fund.

There was a mocking smile on the corner of Andy's mouth. He didn't care about SEC Cox's idea of ​​protecting the plate at all. He raised his glass and drank it under the complicated and flickering eyes of everyone. He smiled and showed his big white teeth. He looked around and said: "1938 In 1999, the Securities and Exchange Commission issued a price-up trading rule, the purpose of which is to prohibit investors from continuously shorting declining stocks.

Just this year, the Securities and Exchange Commission abolished this regulation. This move was strongly criticized by opponents including the famous BC commentator Cramer, as well as my Newsweek and Observer Weekly. Bewitched by those free market theorists, those have long been eager to dismantle this all-important trade buffer. Constantly warned that when this rule is repealed, hedge funds can recklessly drive down stock prices to the detriment of good companies!

Hehe, Mr. Cox, you are telling us to limit short selling now? "

Andy's words made everyone present look at each other in blank dismay. They understood how this regulation was abolished better than anyone else. Cox was a little embarrassed by Andy's explanation. The people present were all senior industry insiders. The tricks in it are very clear.

After all, in that year of ecstasy for the whole people, in order to make profits and then obtain greater benefits, calls for deregulation, relaxation of restrictions, and even cancellation of all restrictions will resound through the sky!

As the chairman of the SEC, Cox was highly praised by Wall Street when he made this decision. After the subprime mortgage crisis came, he found that abolishing this regulation was simply opening Pandora’s box. After all, the abolished rule could prevent Stock prices continued to fall as short-sellers sold off like crazy.

"This is just a powerful measure that we at the SEC believe can be used as a remedy and rescue..."

"In a sense, government behavior, whether it is the US Treasury, the Federal Reserve or the SEC, can only slow down the pace of trend development. Whether it is a crazy rise or a desperate fall, all they can do is delay, not stop. !" Andy didn't chase after him, after all, he was a guest invited by him, with a faint smile on his face, and no one present would regard him as a young stunned man, because in his successes again and again, Everyone regards him as a peer of equal status.

"Sorry everyone, I need to excuse me..."

Andy bowed slightly with a bright smile, and apologized to the people in this small circle. As the host, it is impossible for him to treat the guests favorably. Andy turned away, put the empty glass on a waiter's tray, picked up a cocktail and walked to another circle.

"I heard that his hedge fund has reached 10 billion U.S. dollars?"

Warren Buffett glanced at Paulson who asked the question with a face as watery as he smiled and said, "His eyes are now on the UK."

"What an amazing young man!" The CEO of Morgan Stanley drank the cocktail in his glass with a wry smile on his face.

Lauder Blankfein of Goldman Sachs also responded with a wry smile, "He still refuses to take away the CDO gambling insurance now, and he doesn't want to take a penny less of the 489 million!"

"He is also short of money, understandable." Bank of America CEO Ken Lewis said lightly with a faint smile on his lips.

The others rolled their eyes at the same time, and Citigroup and Bank of America present were following Andy to make money, so they would naturally speak for him.

Greenberg, the chairman of AIG insurance company, took another glass of red wine, squinted his eyes slightly, and said with a smile: "His record in the past month is very impressive, this time he focused his firepower on the British, everyone No idea? After all, he hasn't failed yet."

"Don't look at me, we at Berkshire don't do hedging..." Warren Buffett looked at the brilliance in everyone's eyes, and knew that everyone present did not ignore this rising star who rose at the speed of light, and they were all watching him .

Of course, Andy didn't know what the people talked about after he left, but even if he knew, he didn't care. If these people really followed their footsteps to harm Britain, that would be a great thing, and the power of the bears would be even stronger. Powerful, you can safely push the British guy to the ground and slaughter wantonly.

"Mr. Alexander, you are undoubtedly a respectable and successful team owner. From the acquisition of the Rockets for $85 million in 1993, you won two championships immediately after that." Andy looked at the glasses in front of him, with thinning hair and forehead. Leslie Alexander, whose wrinkles on his face were slowly unfolding because of his words.

"Thank you, young man, I am very honored and happy to have owned the Rockets for the past 14 years," Alexander seemed to be determined to sell the team, otherwise he would not have agreed to Andy's request to send a team so readily "I've had incredible opportunities to see players and coaches accomplish real things, whether they're winning championships for this city, making All-Star and All-NBA teams, or making Hall of Fame , or contribute to the team and the fans."

Andy looked at Alexander with a normal expression and a little tiredness in front of him. He probably annoyed the fans, reporters and financial pressure. Although he was expressing emotion, Andy could see the disappointment and unwillingness in the old man's eyes.

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