Chapter 2776 Twists and Turns

"Those guys in Congress who only know how to talk," John couldn't help but complain a little.

"So John, do you think this plan is more likely to be blocked in the House of Representatives or in the Senate?" Feng Yiping, who was interested, asked.

"This," John thought, am I just asking for trouble?

He thought for a while, "I think it's probably the House of Representatives?"

His opinion was affirmed by his boss, "You are right," Feng Yiping said, "Congressmen serve a two-year term, which means they are elected every two years, so they must take into account the emotions of voters more than senators who serve a six-year term,"

"And we all know that many people now have a bad impression of Wall Street,"

"So this time, I think it may not be easy to pass the House of Representatives,"

Of course, some people will think that it should be rescued, but at the same time, I believe that there are also many voters of congressmen, such as those whose houses have been repossessed by banks, who will think that it is best to let Wall Street go to hell.

The election of the House of Representatives is usually held in even-numbered years, and the US president happens to be a four-year term, which means that in the year of the presidential election, the members of the House of Representatives have to work hard to campaign.

Their election day is the same as the presidential election day, which is also the first Tuesday after the first Monday in November more than two months later (it is difficult to say, because it is not ruled out that November 1st is Tuesday, so this is the rule). Under such circumstances, some members of the House of Representatives may have to make gestures in order to ensure that voters can still support them two months later - why save them, I also hope that those guys on Wall Street will die.

But the senators are much better. They are elected every six years, and only one-third of them are re-elected every two years. Therefore, there are only 34 senators who are unlucky enough to be elected together with the presidential election this year. The other two-thirds are not easily swayed by temporary public opinion, so relatively speaking, they will be more concerned about the overall situation.

John thought that the boss is indeed the boss.

The reason why he said it was the House of Representatives was that the 435 members of the House of Representatives were far more than the 100 members of the Senate, so it was more difficult to deal with. He really couldn't tell the reason why the boss said so.

And the facts once again proved that his boss was always right.

On the 29th, he watched the House of Representatives vote on the bailout plan in the hotel. The final result was 228 votes to 205.

228 votes against.

This was an expected and unexpected result.

It was rejected as expected.

Unexpectedly, the American people found that the main force that vetoed the bailout plan was not the opposition Democratic Party, but the Republican Party.

The Republican Party, where George W. Bush belonged, had brought the US economy to this point.

To be honest, Feng Yiping was also very surprised when he saw the result. What is a pig teammate? That's it.

He wanted to call Paulson with concern to say hello, just to know, have you been so angry that you vomited blood? After all, even President Bush publicly said, "I am very disappointed."

The direct impact of the $700 billion bailout plan being rejected by the House of Representatives was that the Standard & Poor's index fell by more than 100 points, and the Nasdaq Composite Index fell by more than 199 points.

But compared with the decline of the Dow Jones Index, these are not worth mentioning.

On this day, the Dow Jones Index plunged nearly 800 points historically, breaking the record of the highest decline set on September 12, 2001 (one day after the "9.11" terrorist attacks).

Feng Yiping in Silicon Valley and John in Hawaii both lamented that it was a pity that they did not short the stock index futures.

800 points, higher than on 9/11, how great would it be if they could operate it?

Feng Yiping thought that this first vote of the House of Representatives should not pass, but he did not expect that the reaction of the US market would be so violent.

And the opportunity to short is not only in the United States.

After the news spread, other countries were not much better. Major stock markets in the Americas, Europe, Latin America, Asia-Pacific and Africa all plummeted.

But there was good news. Due to this reason, crude oil futures fell by more than $10 that day. Li Ruiyuan, who had returned to London, could not help but call Feng Yiping again to report the good news.

It can be said that the sun rises in the east and the rain falls in the west, and the loss in the east will bring the gain in the west.

…………

Compared with Feng Yiping's actually good situation, the feeling of Wall Street at this time is really, beep!

How can these Republican idiots be so unreliable? It doesn't matter if you sabotage yourselves, but how can you affect us?

Don't you want the campaign donations?

Don't you know how tight and precious time is now? Washington Mutual has been taken over, and its assets have been sold at a low price. Although Wells Fargo has joined the bidding, it will increase the price of the sale a little, but it is also doomed.

If it delays for a few more days, it means that there is a high probability that another bank will go bankrupt.

On the 29th, the optimism brought by the plan disclosed by Paulson on Wall Street was swept away. As before, it was cloudy again, and the bigwigs made calls at the top of their lungs.

It is said that some people, like children who ask their friends to return their snacks after a quarrel, directly told some congressmen to return our campaign donations... It can be said that they were quite angry.

Su Shiming's mood was naturally extremely gloomy.

In response to such a result, he deliberately included several congressmen who voted against it into Blackstone's blacklist for future campaign donations.

You know, he originally had high expectations for today's vote.

If today's vote passes, he will naturally feel more confident when he sits at the negotiating table.

Those guys from the Republican Party perfectly destroyed his expectations.

And Xu Bin led the team to fly to New York just at this time.

…………

In Silicon Valley, looking at Feng Yiping getting out of the Model S in front of the door, Jobs felt for the first time that it would be better if his house could be more hidden.

Fortunately, there are no reporters following us.

Although he doesn't care too much about what some people at Apple are saying about his relationship with Feng Yiping, he actually knows that logically, he really shouldn't have such a good relationship with Feng Yiping in private.

After all, this is already the main representative of the most important competitor.

However, who can refuse someone like Feng Yiping?

Asking himself, Jobs felt that if Bill Gates could have invested $1 billion back then and spent $6 billion out of it, maybe he and Gates wouldn't be in a state of disdain for each other now.

"Feng, welcome," Laurenna smiled again and greeted her outside the door.

"Amanda didn't cause you any trouble, did she?"

"No way, Amanda is so cute,"

As soon as she entered the door, Amanda, who was restrained by her mother, immediately ran over, "Dad,"

"Is it fun here?" Feng Yiping picked up his daughter.

"Fun,"

"It's so fun." Feng Yiping looked at Jobs who was about to go to the study. "Are you afraid of Uncle Steve? Did he say hello to you with a smile when he came home?"

Jobs stopped. He glanced at Amanda and then at Feng Yiping, "Me, uncle?"

Otherwise, Laurenna must be unwilling to be called grandma now.

Amanda thought about it seriously, nodded, and said seriously, "Yes,"

Huang Jingping looked at Feng Yiping with a smile and said to herself, only her own man could make Jobs helpless like this.

To be honest, she could avoid Jobs's cold face whenever she could.

"That's not bad," Feng Yiping touched his daughter's head, "Go and play, Dad and your Uncle Steve have something to do,"

He and Jobs walked side by side into the study room with few furnishings.

Oh, there are some changes this time, there is an extra stool.

But Feng Yiping still sat leaning against his desk and took out his mobile phone from his pocket, "Look, I'm still using it,"

That's an iPhone, of course.

Jobs had no reaction at all. It doesn't matter if I use it in my house. You have to take it out of your pocket during the interview. That's not a big deal.

"Feng, tell me frankly, what are you going to do with the Apple designers you poached last year?" he asked directly.

"Let me correct you, we didn't poach them from Apple, they had already resigned from Apple, right,"

"Secondly, I can reiterate to you that I have no intention of getting involved in smartphone manufacturing, at least not in the short term - which is also the main purpose of my visit today,"

Mainly because he heard about the discussions at Apple and felt that he wanted to appease Jobs.

But his words did not reassure Jobs. What Jobs was worried about now was not smartphones.

"Those designers who joined our company after leaving Apple, their main job is to design the products you see these days,"

Hearing what he said, Jobs finally felt relieved, that's good.

"How about it? The products we have launched these days are all pretty good, right?"

Jobs shook his head, "Is that hair dryer considered beautiful?"

"Of course it's pretty!"

"Beautiful? Weird!"

"Weird? You can't appreciate it, it's just beautiful!..."

"Hey," the door was pushed open hard, "Dad, uncle, aunt and mom, please keep your voices down."

"Oh, let's pay attention," Feng Yiping looked at Jobs, looking angry?