Chapter 1583 There Is an Expert! ?
America, New York, inside one of the most upscale clubs.
The sun was shining outside, and the ladies and celebrities were laughing and laughing. Fannie Mae's president Kester and Freddie Mac's president Tommy were sitting in the small room drinking coffee with livid faces.
"Tommy, tell me what to do? Huaguo people are too deceptive!" After drinking the third cup of coffee, the anger on Kester's face finally burst out uncontrollably, "It's already five Within a month, their 58th proposal, this time more exaggerated, said it was basically an ultimatum! Bah!"
Tommy looked at the angry Kester, but said nothing.
He knew very well, how could such an old and cunning thing like Kester get angry so easily?
This is Kester deliberately motivating himself, letting himself stand out.
But then again, the people of Huaguo are really tough this time, and they have been reluctant to give up, which makes them feel very difficult.
It is naturally a big deal for the presidents of the two giants of the American Mortgage Mortgage Company to hold a meeting and discuss here.
The reason is that the National Investment Corporation of Huaguo has been applying for "time-limited delivery bonds" since August. The amount of the second application is exactly all the 376 billion US dollars of Fannie Mae and Freddie Mac bonds they hold .
The various bonds issued by Fannie Mae and Freddie Mac amounted to more than 5.3 trillion US dollars, accounting for 14% of the total bond market in the United States, but this does not mean that they have so much money in their hands.
In fact, most of the money has flowed into the major financial institutions and government financial departments in the United States, and they are just middlemen.
But even if they have money in their hands, they are unwilling to give the 376 billion US dollars in bonds issued by Huaguo Guotou.
So much money is drawn at once, regardless of financial giants or government departments. It is definitely not allowed.
What's more, the U.S. bond market is now like a tight line. Once it is known that Huaguo Guotou has a time-limited delivery bond, it will easily cause an avalanche-the bond market with tens of trillions of dollars will collapse. What kind of situation it is, no one dares to imagine.
Many times in the beginning, for strong reasons. Neither Fannie Mae nor Freddie Mac agreed, or even rejected it outright.
However, with the direct outbreak of the subprime mortgage crisis and its intensification, the attitude of Huaguo people has become more and more tough. This time it even directly shows that if within half a month, Fannie Mae and Fannie Mae If Demi does not give a satisfactory answer, then SDIC will sell the bonds of Fannie Mae and Freddie Mac regardless of the cost.
In this way, Kerst and Tommy wanted to play dumb and procrastinate again. There is no other way.
Now they get together to discuss whether the Huaguo people are so cruel, what is the bottom line of the Huaguo people, and how the two companies should deal with this matter.
Americans are very arrogant, but they are definitely not fools, let alone lunatics, and they refuse to play with lunatics.
Tommy's heart is not actually the most anxious, the most anxious is Kester. Because the size of Fannie Mae is several times that of Freddie Mac, Huaguo International Investment Corporation's 376 billion US dollars in bonds. But more than 300 billion belong to Fannie Mae, and Freddie Mac only has tens of billions.
Of course, the real Hua people went crazy and sold them in the bond market. The end of 300 billion and tens of billions are the same miserable.
But anyway, there is always a comparison, right?
Fannie Mae was always in a bit of a hurry than Freddie Mac was.
"Hey, Tommy. Why don't you talk?" Kester looked at this old friend frizzily, "Could I be unlucky, how can you be better?"
"I think the people of Huaguo are just in a hurry this time, so they deliberately said this. Who doesn't know that they speak well, but they still dare not do anything?" Tommy said slowly, "57 proposals are not enough. Being rejected can only prove that they were frightened by the subprime mortgage crisis. We can send another public relations team to ask them to explain to Huaguo State Investment Corporation, isn’t it all right? Our two companies are sponsored by the state Business!"
There is no such thing as state-owned enterprises in the United States, but they will subsidize many companies in the livelihood of the people, such as the post office, railways, agriculture, etc., which are related to people’s housing issues. Fannie Mae and Freddie Mac are naturally also the objects of subsidies , The U.S. government uses them to lend money to people who need money to buy a house.
Therefore these companies are the most trusted by people, also foreign companies.
Before Huaguo's SDIC bought Fannie Mae's bonds, it was only bought under the persuasion of Fannie Mae's public relations team.
In fact, no one knew that something would happen to Fannie Mae and Freddie Mac at the time, and the bonds they represented were the safest, with low yields, but they were more cost-effective than holding the U.S. dollar itself.
In the end, Fannie Mae and Freddie Mac went bankrupt, defrauding foreign investors of more than 5 trillion US dollars in one breath, which made everyone cry when they thought about it!
Kester's eyes flashed, "Great! Your idea is very good! Or you can lead the team this time? I will go to Capitol Hill and let those politicians help us brag! We are responsible for one aspect , it will definitely be done!"
Tommy couldn't help being speechless to Kester.
Dare to talk for a long time, are you waiting for me here?
But he couldn't raise any objections. After all, Fannie Mae had a larger scale and had a better relationship with Capitol Hill, and a trip to China would not be possible without the help of politicians from afar.
Kester thinks a little deeper than him. First, if he comes to Huaguo, there is no one who is worthy enough to support those Huaguo people; secondly, if something really cannot be done, he will be the first to be held accountable. It will only be this Tommy who went to China, not himself.
The two have their own thoughts, and they are both thinking about not talking.
But this is also a confrontation.
At this moment, just listening to "Dingling", their mobile phones rang almost at the same time.
"Hey!"
The two looked at each other, and both picked up their phones.
Then at the same time, the complexions of Kester and Tommy changed dramatically, becoming extremely livid.
This is what the subordinates said on the phone.
"President, it's not good! Five minutes ago, Huaguo Guotou sold our 30 billion (10 billion) bonds in the market in one go, which suddenly made the market nervous, and the face value of the bonds fell by 24 cents!"
it is good!
This time it frightened them.
No company has ever dared to sell the bonds of Fannie Mae and Freddie Mac in such a way. The US bond market is already very tense. One can imagine what kind of chain reaction this will trigger!
After the two hung up the phone, they immediately walked to the side and quickly made a phone call.
The bond market is not owned by Fannie Mae and Freddie Mac. Although their combined share is the largest among all groups, the rest of the financial giants, as well as the US government, still occupy a large share.
Now the bond market is a fragile egg standing on the top of the mountain. A slight gust of wind can blow the entire market upside down. If it is finished, everyone will be finished together. Therefore, it is impossible for those financial giants to survive alone.
After a long time, the two of them sat together again panting like cows, drinking the coffee that had already cooled down, moistening their throats that were about to dry up.
"Fk!" Kester pulled off his tie, his eyes were red, this time he was frightened and angry, "Are we going to die together? They are too ruthless!"
"They dare to die together, but we don't dare!" Tommy smiled wryly, "I can't imagine that the Chinese people are so ruthless, and they invested 40 billion U.S. dollars in one breath. It seems that this is a warning for us! If we don't Do as they ask, and I'm afraid there will be more than that next time!"
"What should we do? Give in?" Kester swallowed, his forehead was covered with sweat, "But where do we have so much money?"
It is true that Fannie Mae and Freddie Mac are rich, but they will not be so rich. With more than 300 billion US dollars, which company has such a large capital flow except for the Fed's overtime printing of money? "You want to embezzle this money?" Kester was taken aback by the old man's boldness. Kester's thoughts were spinning like electricity, and sweat dripped down from his forehead. After a while, he sighed dejectedly: "Okay, old buddy, we'll do it this way! Unexpectedly! Huaguo Company is also so ruthless. Could it be that some experts are giving them advice?" "Yeah! It's not the same as the usual stupid high-level executives of their companies!" Tommy also felt a little strange, "In fact, since they have been applying for time-limited delivery all the time, I feel that something is wrong! Inside and outside It's all about weirdness." "Scary, you said...they don't know that we will have this fund in our hands, so they deliberately choose this time to sell the bonds?" Kester suddenly thought of a possibility, and said it out involuntarily. Tommy's face turned pale all of a sudden: "No...wouldn't be so evil? Who can be so powerful!?" That's what I said, but the two of you looked at me and I looked at you, with indescribable horror and worry in their eyes. (to be continued..)