Chapter 463 (1/2)

Standing in front of the floor to floor window, Andy put his hands in his pants pocket and looked down at Wall Street. Since he had the luxury office in Newsweek building, he moved his preferred office in New York.

But this time back, his main battlefield is the still busy world financial street under his feet, so Gaia's office has become the former enemy command post of this war.

In a few months, those who can still stand on the ruins believe that in addition to those at the top of the pyramid, the remaining large number of financial Jing Ying people with dreams will be the remains under the ruins.

Of course, if they can survive 08 years, they will be brought back to rabbit country by major enterprises from far away rabbit country with cabbage price. In front of dreams and bread, these guys who only have money in their eyes will go to rabbit country and continue their game on Wall Street.

”Boss, Mr. alvaret, they've arrived and are waiting outside...”

Andy looks back at the little assistant who has more and more charm. He nods quietly. ”Let them in.”

Toriblake turned around and went out. Soon Al and bardstone came in with each other.

”Sit down and talk about it. What's the good news?”

Andy reached out his hand and motioned. He took the lead in sitting on the large and soft sofa. His elbow was supported on the armrest of the sofa. His legs were folded up, and he had a light smile on his face.

The first one to speak is bardstone. His face is a little pale and tired. He frowns slightly and shakes his head slightly. ”I'm afraid you're going to disappoint the boss. The rating of MBS still hasn't declined. We should have started to increase the price of CDs. However, Morgan Stanley is carrying no price increase. Instead, it's transferring a lot of garbage MBS out.”

Andy had expected this for a long time. He shook his head and chuckled to the worried bardstone. ”Bud, don't worry. We are gambling with Morgan Stanley. No matter how they die, we are just paying a little time. The situation is determined and no one can reverse it.”

”Don't expect rating agencies to make rating adjustments. They have been kidnapped by Wall Street. These guys are funny people in the wall street industry, not in the mortgage industry! They're paid at the bottom of Wall Street, and now they're all being manipulated by the best people they used to be. ”

Alvertriel's experience in recent months has made him thoroughly see through the three rating agencies. He has completely lost the sense of respect, full of taunts and taunts.

”The boss, Deutsche Bank and Goldman Sachs have no problem with the CDO swap agreement. After all, we have paid several premium premiums. As soon as the time comes, all we have to do is harvest. They dare not default and delay. I don't think any bank or investment bank is willing to be sued, so they have to be investigated by the government.”

Andy nods. He knows that this payment method called pay as we go is a kind of cash in cash guarantee in the gambling agreement.

General agreements have specific delivery time points for performance, such as the end of the month and the end of the quarter. However, if there is a problem in the performance ability before the delivery time point, there is a great risk of default. However, the payment method of pay as we go is basically that Goldman Sachs and Deutsche Bank can be found to perform at any time.

In fact, it's a monthly package of phone cards, a model of how much to charge.

Of course, this has an impact on Goldman's cash flow. We need to allocate funds from other products to pay as we go. So pay the extra fee, and ask the CDs premium fee (premium) to be paid once a month. That's why Andy prepared more than $100 million in cash to JPMorgan Chase as cash flow to pay the premium. For gambling, play big.