Chapter 1615
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Although the details of the US economic stimulus plan and the new financial rescue plan have been released one after another under the game and take off, the uncertainty about the measures to rescue the banking industry has led investors to sell financial stocks at around 10:30 in the morning. Driven by stocks, the three major stock indexes in the New York stock market plummeted across the board.
Bid farewell to JING, who is entangled at home, and Andy, who honestly went to Qualcomm headquarters to perform his duties as chairman, watched the US Treasury Secretary Geithner announce a new financial rescue plan on TV.
"...aims to stabilize financial markets by addressing the problem of 'toxic assets' in financial institutions.
The government and the private sector will join forces to create an investment fund to help clean up "toxic assets" in the banking system. The fund started with $500 billion and could eventually expand to $1 trillion. . . "
"Hehe, what a slap in the face, the financial rescue plan was announced on the front foot, and the financial stocks plummeted on the back foot, tsk tsk..."
With his feet resting on the desk, Andy, who was lazily lying on the boss's chair, was throwing a football into the air while talking to himself with a smile on his lips.
"Boom——"
"Boss, Mr. Vitley, and Mr. Bardstone are all online..."
"Ok."
Andy caught the falling rugby, put his feet down, and put the rugby on the table beside him. He said to the unusually sexy little assistant, who was wearing a white tights with golden bright edges and a black knee-length slim skirt wrapped in a tun: "Here I'll make a latte."
"Okay, boss."
Looking at the little assistant's graceful back walking on the catwalk, Andy couldn't help shaking his head and laughing. However, he was very happy with the women around him fighting for favor with him. .
"Good morning, boss." x2
As soon as the video was connected, Al and Bardstone greeted each other in turn.
"good morning."
Andy smiled and nodded, "Al, is the latest economic report out?"
"Come out, the latest data show that from consumption to investment, from manufacturing to services, from the financial market to the housing market, there are signs of further deterioration in all aspects of the US economy. What is particularly worrying is that
The unemployment rate in the United States reached its highest point in the past 26 years in January, and it continues to rise. The problem of people's livelihood is becoming more and more serious. If it continues to develop, social conflicts may erupt. . . "
Al said with a serious face that with the increasing number of unemployed people, the surge of homeless people, and the further widening of the gap between the rich and the poor, it will be a matter of time before the violent American people make trouble.
Andy nodded approvingly. He naturally knew how accurate the conclusion based on the data analysis logic was. 'Occupy Wall Street' was an outbreak of contradictions, and even developed into a bloody conflict.
Benjamin Franklin said, "If money can't buy happiness, it can at least keep the poor from robbing us."
However, Andy didn't want his image to be damaged, especially the fact that his Yingtai Bank constantly triggered the compensation agreement and confiscated properties that could not be repaid, which had caused some bad doubts.
He doesn't want to see his mugshot crossed in the crowd of demonstrators when the 'Occupy Wall Street' breaks out, and his mansion is surrounded by protesters and abused, that will bring him a lot of negativity influences.
People are like this. When wealth has accumulated to a certain level, they not only want to be rich, but also want to have a good reputation, status, and social recognition for them.
"...According to the conclusions drawn from the analysis, the economic crisis has reached its peak, and the US economy will be the most difficult period in the next month.
This coupled with a string of negative corporate news added to the pressure on the market. UBS announced a loss of $7 billion in the fourth quarter and plans to lay off another 2,200 employees.
Royal Bank of Scotland announced that it will cut up to 2,300 jobs in the UK.
General Motors plans to lay off 10,000 salaried employees worldwide to cut costs.
Boeing's restated results showed its fourth-quarter losses widened, while full-year 2008 profits narrowed.
The only good news is that Barclays shares have risen when they announced that profits in 2008 were down only 1% from the previous year, as gains from the acquisition of Lehman Brothers' US unit from their bosses offset the write-down of other businesses up 12%.
By the way, gold futures for April delivery on the New York Mercantile Exchange rose $21.4 today to $954.2 an ounce. . . . . . "
The series of data mentioned by Alvetrie brought Andy, who was frowning in thought, back to reality.
"Hehe, I finally heard two pieces of good news. It seems to be a very wise choice to buy the shares of Barclays Bank!"
For the soaring price of gold, Andy has long been prepared in his mind. Let alone the current price, it is only a matter of time before it breaks through $1,000 again. Instead, it is better to hollow out the money earned by Barclays Bank to make him happy.
"Since the most difficult economic period has come, Bud, it's almost time for us to stop. We have been dormant for a while. Except for short-selling transactions, other short-term positions should be closed. Gather your strength and prepare to buy the bottom of the US stocks!"
The last chance to make money in the subprime mortgage crisis is to buy the bottom of the US stocks that have fallen into the basement. It is also the best time for Andy Smith to become "raise his arms and shout, save the US economy, and become a patriot in the hearts of the American people".
Warren Buffett.
Thinking of that old guy, Andy couldn't help but sneer in his heart. His article "I'm buying American stocks" now seems more like a "respectable joke", which not only caused him heavy losses, but also Let his believers lose their money, and the reputation that was originally revered by the market has been dealt a huge blow.
This time, as long as he grasps the rhythm well, it will become his Andy Smith's battle of the gods. Once everything goes well, he will become a hero and a new idol in the financial world!
Of course, it's still too early to think about this, after all, there is still a month to go, and now, he still has a problem to solve.
That is to go to Washington to accept questions from members of Congress, and accept the "DOU approval meeting" with eight other financial giants to relieve the anger of the American people.
However, he, Andy Smith, will not be the target of questioning, ridiculing, and venting anger by those congressmen who can only play tricks!
If you want to step on his face, you have to be prepared to be slapped in the face!
"Have all the materials for the hearing been prepared?"
"All the required financial reports have been prepared. The hearing will be chaired by Frank, chairman of the US Financial Services Committee, Paul Kenzeski, Congressman from the Donkey Party of Pennsylvania, Congressman from the Donkey Party of California..."
Andy couldn't help but sneered when he heard the hearing, which was almost entirely composed of members of the Donkey Party. It should also be a counterattack against the new president's economic rescue plan by the target party.
"Have you investigated the information of these congressmen?"
Hearing the boss's sneer tone, Alvetrie couldn't help shaking his head and said with a wry smile: "Boss, it's just a hearing, just acting, there's no need to make tit-for-tat, no matter what they say, they can't change anything, and they won't go back for the money. "
"I know, I just don't want to get used to their stink, it's okay to ask a good question, if you really want to step on me to show off, don't blame me for slapping them in the face and peeling off their hypocritical face!"
Andy sneered, showing his white teeth.
Al shrugged helplessly, and said: "After the information of each congressman, there is a counterattack killer, but, boss, if it is not necessary..."
"Okay, I understand, and I won't randomly make enemies everywhere, just in case I need it. Well, I'm flying to Washington tonight, and you guys also prepare, we will meet in Washington."
Andy waved his hand to stop Al's persuasion, because the hearing will be broadcast live. He doesn't want to be humiliated by those bastard congressmen pointing their noses and not fighting back. He is not the other eight financial institutions, and he can't tell where the rescue funds are going. , he is full of confidence!
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