Chapter 1230 (1/2)
The news that U.S. Treasury Secretary Paulson knelt down at Roosevelt's hall and asked donkey party peipo to pass the rescue plan soon spread to the White House and both houses of Congress, which made elephant party members including the president angry.
”At that time, I was afraid that they would say something provocative when they went out, so I suddenly appeared in Roosevelt Room. When they saw me, they were not very happy. I wanted to bring you some happiness, so I knelt down to Pelosi. I said, please don't destroy the agreement, she said they won't... ”
In the Oval Office, Paulson also knew that his behavior was reckless and rash. He stood opposite the president and explained with a wry smile. This time, xiaofeixie, the president who always liked to joke, had a cold expression on his face.
”I'm surprised that you've given emergency help to Bear Stearns, Fannie Mae and Freddie Mac, ignored Lehman Brothers and taken care of AIG. What does this mean? Does this mean that there are no relevant rules for your so-called rescue? ”
old smith sat on the sofa, his right hand spread out on the back of the sofa, his eyes became extremely sharp, and he looked at Paulson, who turned back slightly changed, with a cold voice.
”How much of the $700 billion bailout plan are you going to spend on American homeowners facing foreclosure and bankruptcy?” Old Smith's eyes became colder and colder, and he did not stop because Paulson's face became livid and silent.
”This financial crisis, the rescue operation, will change the fate of many people, some will become heroes, some will be bound to be pinned on the stigma of history, obviously neither the president nor both parties want to be the latter. I'm sure you don't want to! ”
With that, old Smith stood up and said hello to the president with a cold face. Then he turned around and left the president's office. As for Paulson's mood, he didn't care. He walked out of the White House and sat in the car. Old Smith took out his phone and called Andy.
”Hum! This is a trick of Paulson, 700 billion yuan. He aims to save his close friends on Wall Street and enrich Goldman Sachs by buying toxic financial products and rescuing the faltering U.S. financial system. Goldman Sachs and Mg Stanley may be ”the biggest beneficiaries” of Paulson's bailout plan.
As for saving AIG, Goldman got up to $13 billion in compensation from AIG... He will show off, whether the rescue plan is passed or not, he will be the beneficiary! ”
Andy hears his grandfather's story, a sneer on his face, and directly opens Paulson's heart.
”Grandpa, although the rescue plan is necessary, it can't let them succeed so easily!”
”Ha ha, you stinky boy, say, what do you want?” Old Smith naturally heard his grandson's unwillingness, leaned on the car seat, shook his head and asked with a smile.
”Haha, my predecessor of Yingtai bank was IndyMac bank. When it went bankrupt, there were 6.2 billion US dollars of toxic bonds...” Andy's dry laugh came out of the phone.
”Well? Shouldn't it all be regulated by FDIC? ” Asked old Smith, with a slight frown.
”Ha ha, we can come back. Recently, the risk of bank failure has increased again. There are too many federal deposit insurance funds consumed. That's all the money of Shui people. Since our bank has started to improve, we can't watch FDIC continue to suffer...”
”All right!” Mr. Smith was speechless about his grandson's strange words. After a moment's meditation, he said, ”half of them are family funds and are invested in Yingtai bank.”
In the study of Shanhai manor, Andy's mouth with the phone twitched unnaturally for a few times, and his face became serious. ”20%, only the dividend right, no voting right!”
”Yes!” Old Smith agreed without hesitation, and then angrily scolded: ”you stinky boy, you even made a price of 15 billion dollars, you really dare to ask!”
”Ha ha, Grandpa, in fact, I gave you a preferential price. At that time, I acquired IndyMac with a valuation of 13.9 billion yuan. There were so many mergers...”