Chapter 1646 God's Chimpanzee
? Under normal circumstances, when an industry is in crisis, serious reforms are expected.
Even when there is bad luck in addition to obvious mismanagement, it is often assumed that if a company needs a government bailout, then top management must be replaced.
The U.S. Treasury Department has for years advocated this principle when countries' finances are in trouble, and has enforced it either directly or through the influence of the IMF. Because it's sound economic management and common sense.
However, when it comes to the United States itself, the situation is not the same. Since the crisis erupted in the fall of 2008, the vast majority of bank executives have remained calm. Attitudes towards other senior personnel, risk controls and risk, have also not changed. Why is this so?
The point is that America's largest banks are "too big to fail", and more importantly, bankers understand this.
As a result, executives are operating in an extremely risky manner, both for the bank and their own interests. After all, great global financial crises seldom happen in succession, but the lure of huge profits keeps causing trouble, as the IMF's more than 50 years of experience clearly show.
The war between the proponents of sound public policy and the unregulated big banks has never ended, but the bankers have always had the upper hand.
This time, Ao Guanhai wanted to put shackles on them, put them in cages, reduce their territory, and cut off their hunting claws. It is conceivable that these Wall Street predators would never agree.
However, if Ao Guanhai really wants to be tough on the six largest American banks, I am afraid he may not have the courage. You must know that their total assets exceed 60% of the U.S. GDP. You have to admit the fact that this is a modern U.S. bank. Unprecedented financial monopoly.
As early as more than 100 years ago, Roosevelt pointed out that the main problem with excessive concentration of economic power is that it will replace political power, which runs counter to the democratic tradition.
Two idioms are used to describe the current US banking industry: too big to fail, too big to fall!
The influence of Wall Street's biggest bankers on U.S. politics and financial regulatory policy is as powerful as ever. And the political leadership willing to tackle this issue has unfortunately not yet emerged.
As for Ao Guanhai who lost his voice in excitement on the TV, saying "I'm sorry, my throat is blocked by anger." Ao Guanhai is definitely not the right person.
"It takes them a while to get out of New York,
because. . . If you go to North Dakota, or Iowa, or Arkansas, and the local folks are ecstatic that they're making $67,000 a year without bonuses, then I think they'll understand the folks Why depressed. "
"Pfft—"
"Our president is really cute. Does he want those people on Wall Street to feel the sufferings of the people?" Andy sneered. He didn't know who was naive. The unemployed people on Wall Street are living a worse life now. As for the rich, Bankers do take vacations there. . .
"Anyway, at this time, those people on Wall Street are still busy paying dividends. It's really unreasonable. It's really embarrassing. It's only natural for him to be angry." Ivana sat aside, handed Andy dinner, and shook her head said with emotion.
Andy held the knife and fork, while cutting the beef and putting it in his mouth, he shrugged noncommittally.
On TV, Ao Guanhai responded to former Vice President Dick Cheney's criticism of him a few days ago with "unsustainable" for some anti-terrorism policies of the previous President Xiao Feixie.
"Mr. President, what do you think of Andy Smith's views on the New Deal..." The host of "60 Minutes" still asked this most discussed and very sensitive question.
Andy, who was eating, also stopped with a knife and fork in his hand, chewing food in his mouth, watching the TV with his eyes, and Ivana also looked at the TV sideways with great interest, waiting for the serious and pensive president how to answer.
"... first of all making sure we get this right, it's going to take a little longer than we'd like. Of course, that leaves us open to criticism. But the American people chose me, and I'm doing a good job. .
Andy Smith, everyone knows, he is a genius, we are also good friends, some of his opinions are very constructive. . . "
"Ding--"
"Tsk tsk..."
Andy put the knife down, picked up the goblet, took a sip of the ice wine, the corners of his mouth slightly raised.
When Ivana heard Ao Guanhai's answer, she also smiled and turned to look at Andy Jiao and said with a smile: "He said that you are still good friends. It seems that sometimes to win the respect of others, you must first oppose him."
"I'm very happy to hear him say that." Andy smiled happily, showing his big white teeth.
Ivana shook her head and laughed, "With the scandal on Wall Street and this exclusive interview with him, this contest is probably just beginning. My dear, what role are you going to play in it?"
"My mission has been completed, now I just wait to watch the show."
As soon as Andy's voice fell, the mobile phone on the side began to ring. Looking at the caller ID, he spread his hand holding the knife and fork, shrugged his shoulders, curled his lips and continued to eat dinner, and didn't want to answer the phone at all. mean.
The next morning, Andy yawned, took a copy of "New York Post" from Ivana, who was flushed, energetic, wearing a nightgown, and had an unbelievable expression on her face, and asked with some surprise: "Dear Yes, what did you see?"
"Unbelievable, are the Post editors crazy? You'd better see for yourself, they're in big trouble!"
Andy raised his eyebrows, and opened the newspaper without realizing it. What caught his eye was a cartoon. In the cartoon, two policemen stood next to a chimpanzee lying in a pool of blood, and one of them held a smoking gun . "They're going to have to find someone else to write the next stimulus plan now," reads the comic's sideline.
. . . . . .
A black line appeared on Andy's forehead, and he opened his eyes wide. He looked at this cartoon, which was obviously reflecting the new President Okumami. This was blatantly "uncovering the scars of racism". It implies the intention of abetting assassination!
"FXXK! It's just a group of pig teammates!"
Andy covered half of his face with his hand, complained and cursed with a wry smile, now it's all over, economic issues will be completely put aside, attention will be completely diverted to racial discrimination, the editor-in-chief of this newspaper is definitely Aoguan The 'rescue soldiers' invited by the sea!
It's like a god TM chimpanzee!
No matter how it is explained, this cartoon is extremely provocative, and it is easy for readers to connect Ao Guanhai with the discriminatory "black monkey".
Alright, black buddies are going to get dry again!