Chapter 1220

As the Fed unexpectedly decided to keep interest rates unchanged, Wall Street stocks rose and oil prices fell, and the dollar rose against most major currencies in New York the next day.

At about 10:30 a.m., Andy and a dozen members of the think tank led by alvette who came here this morning passed through the circular hall of the Capitol building, which was thick in texture. On it were three copper "Columbus doors" carved with the relief of Columbus's discovery of the new world, walked out of the imposing cylindrical porch, and were immediately surrounded by reporters crouching in the Capitol building.

Andy's reason for leaving New York is not that he's gossiping, but that he's actually invited by o'heiniu. However, he could have refused. After all, he didn't want to face the party's John McCain. Of course, he's now in the Capitol on the ground that Gaia provides advisory services to the Treasury Department.

"To a certain extent, we are still in the process of entering the storm, rather than coming out of it...

Although the government rescue will face "moral hazard", in the end, you have to do everything to rescue the financial system...

Lehman... Ha ha, some Britons will regret their ridiculous caution. The financial market shock is far from over. Britain may become the "most injured" economy except for the United States in the recent Wall Street financial earthquake.

The financial sector is an important part of the UK economy and will make it particularly vulnerable in this financial crisis. The impact on Britain in this financial crisis is far more serious than most other countries

In the face of the world's major media, Andy also changed his past indifference and answered some questions selectively. After all, now is the best time to open Zui's time to brush the sense of existence and influence. How can he let it go.

This is much more effective than his shouting thousands of times on the Internet. Social status and influence need to be managed according to the situation. No one can respond to it all at once. This is also foreshadowing for him to copy the bottom and brush the hero value.

You have to be low-key when you make money, but you have to be high-key when you spend money on big things. This is a nice Guy should carry it out!

Andy, who is sitting in the car, leans forward, tidies up his suit on his lower body, then leans lazily on the car seat, looks at the reporters who are shouting outside the window with a smile on his face, then turns his head and says to al: "what's the attitude of people in Barclays?"

"It's urgent that Robert diamond, President of Barclays Bank, will fly to Washington in the afternoon, hoping to meet with the boss in person to discuss the details of the transaction..."

"Well?" Andy can't help frowning a little, and then he guessed: "they won't have no money, will they?"

"The boss is right. They are really short of money at the moment, but they are expected to raise money by selling shares to support the deal." Al replied.

"Ha ~ kill two birds with one stone. These Englishmen are really diligent. There's just a reason to avoid questioning and condemning the selling of stocks. Maybe these guys will want to exchange their stocks for the investment banks and related businesses we want to sell. Ha ha, I don't want anything except cash. But then, I can copy the shares of Barclays Bank and make a profit Pen, that's it. Let's get our people ready in advance in England. "

"Understand boss, this deal is absolutely a once-in-a-lifetime opportunity for Barclays. They have been hoping to expand the bank's business to the United States and create a world bank that can directly compete with U.S. financial giants Citibank, Mg chase and Bank of America. However, even if we acquire this part of our assets, Barclays cannot become a world-class bank overnight. Even though Lehman Brothers had a great reputation in the United States before, it still cannot compare with Merrill Lynch or Mg Stanley. "

After hearing al's analysis and explanation, Andy nodded slightly. He didn't want to tangle up this part of investment banking business. He wanted to let his bank absorb it, but although he could make money in this way, he changed the traditional bank's position in his mind. He was very clear that the financial storm hit these investments Capital commercial banks, even mg Stanley, have honestly returned to the traditional banks and separated the investment business.

Since it's useless to stay in his own hands, it's better to be a second dealer and earn more money. It's better to feed thousands of people. He's not that big.

"Citi, what's going on at Goldman?" Thinking of the goal that he can keep shorting for money at present, Andy raised his mouth slightly and asked happily.

"Citi's side is doing as usual. They are very afraid of the intervention of the Treasury and the Federal Reserve, so they have been carrying the burden, and the stock price has been falling all the way. As for Goldman Sachs, the stock price of Goldman Sachs has also been declining, from more than $130, more than $100, to less than $90 now.

According to the information we have received from the Federal Reserve, Goldman Sachs wants to change its legal status from an investment bank to a bank holding company, so as to turn its regulator from the securities and Exchange Commission to the Federal Reserve. Goldman Sachs believes that as long as the Fed announces that it will monitor their activities, it can reduce the risk of short-term funding runs. "

"Hum! There are so many kinds of guys here. It's true that there are some good people in the north. But I'd like to see how well he can do for Goldman Sachs without moral immunity! "Andy grunts coldly. He is very clear about the plans of these guys. He can accept the direct blood transfusion aid from the Treasury and the Federal Reserve without any worries. It's really his good plan.

"By the way, let the data and data team sort out all our transaction data and evidence. After the financial crisis, we may not be able to be alone. The investigation committee set up at that time will definitely question us. After all, we are one of the few forces that has benefited."

"Boss, you can rest assured that the lawyer group has been participating in the whole process. In order to deal with the possible difficulties of the British, our lawyer group in the UK has added new international law experts to prepare for the boss's follow-up plan in Europe."

Al said calmly, as the chief think tank, he naturally wants to think of the front of his boss. If everything has to be done by the boss, then he can get out of the way.

In a high-end restaurant, Andy took Al and members of the think tank to a delicious lunch, talking and laughing. The atmosphere was relaxed, and there was no worry of other financial people.

And the restaurant's landing window is a bunch of reporters holding cameras to record these pictures, adding some good materials for tomorrow's report.

"I'm sorry, boss. I'll take a call first." Al put down his knife and fork, took out his cell phone from his pocket, looked at it, said apologetically to Andy, then stood up with Andy's nod, and walked to the side of the phone.

Three or four minutes later, Al came back with the phone, sat down, leaned forward slightly, and lowered his voice to Andy's report: "the phone is from GM Stanley. Washington Mutual, the largest savings bank in the United States, is actively looking for a buyer to avoid bankruptcy risk. They ask the boss if you are interested?"

"What do we know about mutual banks?" Andy put down his knife and fork, picked up his napkin and wiped his lower lip. Then he took a drink from the red wine glass and frowned slightly.

When Andy looked around the table think tank, one of the people who was still chewing food raised his hand, watched him quickly take a drink of mineral water, wipe his mouth with a napkin, and began to say.

"The bank lost $6.3 billion in the last quarter, and based on limited data analysis, we expect their write down of subprime related assets to reach $4.5 billion in the current quarter. The bank expects total subprime related losses to reach $19 billion by 2011.

Their share price has fallen 94% in the past year. Ratings agencies such as Moody's and standard & Poor's downgraded the bank's debt rating this week to "junk.".

Their balance sheet is very opaque and clear, and they have always refused to disclose the subprime related losses. According to our analysis, their losses may be beyond imagination, so they have been trying to cover up the real data and have been listed as toxic bankruptcy by us. "

Andy listened to the introduction, gave each other a look of appreciation, then shrugged at al and said with a smile: "we should insist on using the least money to get the maximum benefit, then wait until it goes bankrupt!"