Chapter 2731 Red Line

Peanut Village, District of Columbia.

The dispute over South Ossetia has been suppressed by Russia.

During this process, although the US Arleigh Burke destroyer had arrived in the Black Sea long ago, it was constrained by the red line drawn by Russia's hegemony, so it could only throw a bunch of mineral water and medicine to Saakashvili, who was full of expectations, and then left in disgrace.

But it was not easy to leave the Black Sea completely, so it wandered farther away, condemning and calling on both sides of the conflict to remain polite and calm. It is estimated that it was still afraid that this bear really dared to kill!

In short, although the bottom line of the bear was tested, they lost face in the international community, among allies, and in front of their younger brothers. It can be said that they lost both face and substance...

As a last resort, politicians had to put their energy back to the economic field, so Paulson, whose hair was getting thinner and his voice was getting hoarse, became the central figure again.

At this time, in the meeting room of the Ministry of Finance, the executive team of Fannie Mae, who was summoned, was presenting a beautifully made PPT to Paulson and the heads of the Federal Housing Finance Agency.

However, the content of this PPT was not beautiful at all. In short, we have tried our best, but we can no longer get a penny from the market.

In other words, we are no longer able to do it, boss.

During the presentation, Daniel Mader, who has been the president of Fannie Mae since 2004, and several vice presidents have been paying attention to Paulson sitting opposite.

It seems that the situation is good?

Because Paulson, who has always been picky, has interrupted their presentations and even speeches many times before, repeatedly asking questions until he gets a satisfactory answer, this time he is very quiet. Although his face is very serious, he will nod from time to time.

This makes Mader and others feel a little relieved. It seems that he understands our difficulties.

Then it seems that the situation will still be optimistic.

After the presentation, Mad began to speak, of course, using the rhetoric they most wanted to use, "Ladies and gentlemen, over the past month or so, we have been working hard to raise funds, and it should be said that our performance is not bad,"

"After trying every possible way, we finally got this number close to $8 billion,"

The finance minister, who still had a shallow scar on his forehead, immediately recalled that this number should be $7.4 billion, not close to $8 billion.

"But unfortunately, we no longer have more ways to raise funds," Mad said with a sad face, "and I believe you all know very well the difficulties we are facing now,"

We certainly know the difficulties you are facing, which is a big problem that $74 billion cannot solve.

"We have repeatedly reviewed the current situation, and we found that the most important point is that our capital adequacy ratio still meets the statutory requirements,"

This means that their debt ratio, their capital and risk capital ratio, all meet the statutory requirements, and the regulatory authorities cannot take measures against them.

"The reason why we are facing the current difficulties is mainly because of the market and the general environment,"

Isn't this terrible market and environment created by you?

"We have to say that the current difficulties faced by Fannie Mae are closely related to the requirements of the federal government,"

"For a long time, many governments have repeatedly asked us to make more efforts to allow more people to own homes and let us buy more mortgages,"

Paulson couldn't help but think of some of his international peers, especially his Chinese peers.

They have always criticized their Chinese peers for intervening too much in economic activities, which in fact caused improper and unfair competition.

But now it seems that at least Chinese peers have their own difficulties.

And Mad's next speech made Paulson feel more sympathetic to his Chinese peers.

"In view of the current market situation and the difficulties we are facing, we hope that the Treasury Department and the Federal Reserve can provide us with emergency funding assistance. On behalf of the management team, I assure you that we will make good use of these funds and will lead Fannie Mae out of the difficulties as soon as possible,"

Paulson subconsciously touched the broken place on his forehead. I think my Chinese peers must often hear such funding requests from state-owned enterprises.

We can't do it unless you can coordinate loans.

He believes that his Chinese peers, facing such a situation, will mostly compromise in consideration of employment and impact.

But we won't do that.

If there are problems in the operation, it's all our responsibility? Nonsense!

We have to inject capital into you, but we can't interfere with your operation? Dream on!

You may not understand one thing. I am different from my Chinese counterparts. I only have more than a quarter left in my term. I will not be scared by you.

"Let's stop here," he stood up.

Except for him, everyone in the conference room looked at each other. What does it mean to stop here?

Fannie Mae's group was even more at a loss. What should they do? You haven't said a definite word.

"Hank," Madd stood up and shouted.

But he only saw the back of Paulson's head shining, walking farther and farther away.

…………

Paulson, who appeared calm but was furious inside, called Bush shortly after returning to his office.

"I suddenly understand the difficulties of my Chinese counterparts," he said.

Fannie Mae is essentially a state-owned enterprise. Like the heads of Chinese state-owned enterprises, many former presidents of Fannie Mae later held important positions in the government and had many prominent politicians as backers.

However, since there are friends, there are naturally enemies. There are also many people in the government who are not on good terms with them.

In 2002, the second year after Bush took office, the voices of dissatisfaction with the two housing agencies dominated the Bush administration.

At that time, Franklin Delano Raines, who was the director of Clinton's Office of Management and Budget and Daniel Mader's predecessor and the then president of Fannie Mae, even sent a letter to Bush's chief of staff, Card, with extremely fierce words.

After the letter was disclosed, it has a loud and exclusive name: the "f--k you" letter.

Now, Mader has to taste the bitter fruit for his predecessor.

Bush asked, "Hank, what are you going to do?"

"Mr. President, I think the first thing these guys need to hear is the sound of their heads banging against the wall," Paulson said.

"Yes, Hank, of course you can do that," the president said.

Paulson knew that he could start planning related actions, but at this time, he couldn't help but think of Feng Yiping.

After taking action, how much can he gain from shorting the two housing agencies?

It will probably be beyond his expectations.

What a lucky guy!

…………

At this time, he was not the only one who thought of Feng Yiping.

In Silicon Valley, Mayer was listening to a report from a team of subordinates in her office. As usual, she was more critical than Paulson. During the team leader's report, she interrupted him without hesitation, "Wait, about this..."

When everyone was waiting for her to continue, her mouth suddenly pursed tightly. She pressed the phone on the table, and immediately, her assistant hurried in with a glass of water and a folder, "Excuse me, Marissa, you need to deal with this matter immediately,"

She looked at the three-person team reporting, "We need 5 minutes,"

Mayer also nodded to them, and the three immediately said, "We will come back in 5 minutes,"

As soon as the door closed, Mayer immediately kicked out the trash can, covered her chest, and suppressed her voice and retched.

Two minutes later, she took the glass of water and took a sip, "Feng Yiping, you bastard!"

At this time, the assistant was neatly tying the garbage bag, replacing the new garbage bag, and spraying perfume.

Five minutes later, when the people reporting to her entered her office again, they found that Mayer was still so strong and waiting for them to answer her questions, and the office seemed to be more fragrant.

In fact, they had heard about Mayer's recent frequent situations where work needed to be dealt with immediately.

At Google, some people also vaguely knew the reason. This most dazzling female executive in Silicon Valley should be pregnant.

In fact, in Silicon Valley, the topic of "The goddess is pregnant, who did it?" has been flying all over the sky, and has derived multiple versions.

However, not to mention the mainstream media, even those gossip blogs that dare to expose anything did not disclose this news. It seems that someone has drawn a line for them, so that they dare not cross the line.