Chapter 944 Financial Crisis Act

Style: Science Author: four barrel cannonWords: 2746Update Time: 24/01/12 09:40:21
After Lehman declared bankruptcy, it caused quite a stir in the Blue Star financial market, which directly caused the financial market of Blue Star to start to convulse. Under the huge impact of this bad news, countless companies went bankrupt because of it. Some fellow sufferers are also on the verge of collapse, such as aig.

Major rating agencies took the initiative to downgrade the credit ratings of a large number of financial institutions after Lehman Brothers' attack on the market, including AIG, and their stock prices were cut in half on the same day.

This was like poking a hornet's nest. All the Blue Star players looked at AIG nervously, hoping that Yingjiang would take action soon. Otherwise, if AIG goes out of business, more than hundreds of thousands of people will lose their jobs, and tens of millions of people in Europe and the United States will lose their jobs. Civil servant pensions will be completely wiped out, and some important national commercial projects of Blue Star are underwritten by AIG. If AIG fails to sell these projects, there will also be problems.

After Lehman Brothers went bankrupt, not only were AIG's phone calls bombarded, but many national capital representatives also flew directly to Apple City to ask AIG for an explanation. They were eager to know whether AIG had the ability to fulfill the contract.

This is an institution that manages several trillions of assets. If it goes bankrupt, it will have a huge impact on the entire Blue Star.

In the end, AIG was forced into a corner and had no choice but to ask Kuromiya to help him. Kuromiya Benjamin and others did not hesitate to dump the blame on the Fed. You can handle it yourself.

So the Federal Reserve turned on its nuclear-powered money printing machine, and within three days, issued 240 billion U.S. dollars in loans to AIG. Finally, all Blue Star players breathed a sigh of relief. However, afterwards, each player had internal doubts about AIG. It is certain that the credit rating will be downgraded.

But before AIG could take a breath, another stab in the back came from Hong Kong Island in Asia.

AIG's subsidiary AIA was accused by Hong Kong officials of illegal transactions, and the relevant news was quickly forwarded and spread throughout Blue Star.

AIG's stock price, which had just improved a bit, suddenly looked shaky again. Now many people could no longer sit still. Several AIG executives flew directly to Hong Kong Island to deal with the matter.

"What on earth are you doing?!"

AIG and a group of people looked at the chief executive of Hong Kong Island with angry faces, but the chief executive just shrugged and pointed at Zhu Lihua, who was watching.

Zhu Lihua directly stated her request without being verbose, "Ten billion dollars, AIA will be sold to Lifa Insurance."

"impossible!!!"

A huge roar came from the conference room, which also indicated AIG's resolute attitude.

Zhu Lihua turned a blind eye to the attitude of a group of people from AOF who wanted to eat people, and just continued: "Actually, in my heart, AIA may not even be worth 5 billion dollars, because your reputation and AIA's assets are not worth this price at all.

Think about it, if you save 10 billion dollars, you can at least get rid of this bad news, right? "

"AIA occupies 15% of Hong Kong Island and 10% of the insurance share in Southeast Asia. How come it may only be worth 10 billion U.S. dollars? Don't bully others too much!

At least 30 billion knives! "

Zhu Lihua sneered and said: "At this time in Hong Kong Island, who else dares to take over the friendly countries besides us?

Or you can try to list AIA on the Hong Kong stock market. I believe your AIG internal plan for AIA is to either sell it or list it on the Hong Kong stock market to raise funds to pay off the debt of the parent company, right? "

At this time, the AIG group was caught off guard. How did the other party know so clearly? !

Did they have this idea, but it was just discussed in the board of directors, and it was guessed before a specific written document was formed? !

"No, ten billion dollars is too low, twenty billion dollars!"

"This is not a bargain, I have already said it, now we are the only Blue Stars who will take over the friendly countries!

If you don’t agree now, there will only be 5 billion dollars in one month! "

One month later?

AIG frowned, "What do you want to do?"

"Sorry, it's a trade secret. If you don't agree, forget it."

After saying that, Zhu Lihua got up and left the conference room, but the AIG group was frightened, as if they would really regret it a month later if they didn't sell now.

"Wait a minute, Miss Zhu, can we discuss it with the headquarters?"

"Do as you please."

Half an hour later, a group of people from AIG agreed to Zhu Lihua's quotation. Now AIG is in urgent need of a large amount of cash for blood transfusions. Moreover, after the turmoil on Hong Kong Island, it also had a great impact on the United States. A group of people at the headquarters are also looking forward to getting the profits quickly. The plague of insurance has been dismissed. The other party will definitely make some moves in Asia in a month. If they don't sell it now, the allies will definitely suffer.

Zhu Lihua smiled with satisfaction after seeing the signature on the contract: "Thank you, have a good time."

. . .

After the small episode in Hong Kong Island, AIG in the United States has temporarily stabilized. Although it is not out of danger yet, it finally does not look like it may rush to the street at any time.

At this moment, Merrill Lynch, one of the three major investment banks on Wall Street, made another big news.

On January 5, 2000, Merrill Lynch announced that it had reached an agreement with Bank of America, the largest commercial bank in the United States, to acquire Merrill Lynch for $64 billion.

The people who eat melons all have questions on their faces, what's going on?

But Morgan Stanley and Goldman Sachs looked unlucky, and Merrill Lynch didn't dare to play anymore!

After asking about it, the other financial groups suddenly realized that although there are only three major Wall Street companies now, Merrill Lynch felt that the other two were too oppressive, and was afraid that it would follow in the footsteps of Bear Stearns and Lehman Brothers, so it put itself on the line. sold.

This saucy operation made everyone on Wall Street unable to turn around.

After being depressed for a while, Morgan and Goldman Sachs began another round of aggressive operations. This time they set their sights on the United States' money bag, the Federal Reserve Bank of America.

January 10th.

The White House has just passed a bill that has caused major repercussions from all walks of life in the United States.

"Financial Crisis Act: When the financial industry is in a crisis, reputable individuals, partnerships and companies can temporarily have the right to mobilize part of the Fed's reserve funds."

This "reputable" related name is being drafted according to a Black House spokesperson, but Goldman Sachs and Morgan Stanley are definitely on the list.

At this time, the melon-eating crowd in the United States completely exploded.

There are a lot of talk on Twitter, Renren, Blue Space, and Must Die about blowing up Fifth Avenue.

Chen Yi was amazed when he saw the operation of Goldman Sachs and Morgan.

What does this bill mean after it is passed?

It means that Goldman Sachs, Morgan and several other shareholders of the Fed will never have to worry about cash flow, because they can mobilize funds from the Fed at any time during the financial crisis to pay off their book losses, and also There is no limit to helping other companies in serious situations.

That is to say, under the financial crisis, which companies went bankrupt and which companies were saved were all decided by Goldman Sachs and Morgan. Although the money was nominally given by the Federal Reserve, it could not be regarded as the acquisition of these companies by Goldman Sachs and Morgan Stanley, but among them Most people understand py transactions.

Chen Yi also had some guesses as to why Benjamin would pass such a ridiculous bill. It should be for the sake of being re-elected in next year's general election. If the U.S. economy does not improve at all within this year, Benjamin should probably get out.

He should have reached an agreement with the families that control the Federal Reserve Bank of America to help him secure his current position. In addition, most people in the military-industrial complex originally supported him, so he gained support from the financial, media and military circles. Party’s full support.

In addition, he needs to worry about some people in the political world who are determined to bring him down, such as Rogen, and the Specter hidden behind Rogen.

Moreover, this bill has also been restricted to the financial industry. It is estimated that Benjamin will not dare to extend this restriction to other manufacturing industries, otherwise no one will really be able to bear the blame.

But that doesn’t mean Goldman Sachs and Morgan can’t continue their nesting doll operations.

It's very simple. For example, if a toy factory is about to go bankrupt, Goldman Sachs mobilizes the Federal Reserve Bank of America to inject capital into a bank that is also about to go bankrupt, and then the bank lends money to the toy factory to tide over the difficulties. This forms a matryoshka-style py transaction, although it is troublesome. A bit off, but still achieved its purpose.

However, Morgan Stanley took the lead in doing AIG and now nothing happened. Chen Yi did not expect that, but seeing Goldman Sachs's influence in Blue Star increasing day by day, Chen Yi understood.

If Morgan's setback allows Goldman Sachs to take the lead on Wall Street, then Wall Street will be completely dominated by the Jews.

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