Chapter 1827: Room 2 Taken Over

[Two Rooms Group was on the verge of bankruptcy and was taken over by the US government]

Just such a piece of news stole the headlines of the closing ceremony of the Olympic Games, because this piece of news represents the economic trend of the United States.

The economy of the United States has a decisive influence on the global economy. From the end of last year to the beginning of this year, too many companies in the United States went bankrupt.

However, under the deception of the US government, many countries in Europe and Asia have provided money to help. It seems that the crisis has been suppressed.

As long as you operate patiently, you will be able to recover in two years.

However, once there is a problem with a giant like the Liangfang Group, it cannot be easily solved. The 5 trillion US dollars in bonds cannot be completely exchanged, but the debts of the two Fangfang Group must be resolved.

More than 600 billion U.S. dollars in liabilities, every year, no, the daily interest is not a small amount. If the debt cannot be resolved, then the two housing groups will definitely not be able to slow down.

Therefore, it was fundamentally wrong for the United States to entrust the Bank of the United States to solve the problems of Liangfang Group. The Bank of the United States can't afford so much money at all. Even if it is withdrawn in batches, it will take four to five hundred billion US dollars within three to four years.

It is not a problem for a company to have a certain percentage of debt. Many companies have a debt ratio of more than 50%, and they are doing very well. But if the debt is several times the market value of the company, this is a big problem.

But with the current capabilities of the Bank of America, let alone 400 to 500 billion U.S. dollars, it is difficult to get 40 to 50 billion U.S. dollars. Therefore, the Bank of America no longer wants to swallow the high-quality assets of the two groups, but throws off the burden again.

Let the two groups fend for themselves? Surely not.

At this time, the U.S. government has no choice but to step in and take over this mess.

Xiao Bushi felt very depressed. He thought it would be delayed until next year, and it would be nice to leave the headache to his successor. It can even be said that the lack of ability of the successor caused the two rooms to go bankrupt. If it was him, they would definitely not go bankrupt.

But the financial institutions in the United States have no money, so they can't fill this big hole at all. If you want to fill it in, there is no other way, that is to issue additional shares to raise funds, or to attract other investments.

But at this time, the stock market in the United States is slowly falling. How much money can be raised through the stock offering, and it will also dilute the equity of their shareholders. Wipe your ass.

It is also possible to attract investment, and there are consortiums willing to invest in them, but they also need to pay for their shares. How can those shareholders see power being left behind?

And there are not no American companies that are capable of saving Liangfang Group, such as Rockefeller, Walton, etc. Even if they have suffered losses during this period of time, they will not hurt their muscles and bones, and their ability to raise funds is still there. of.

But why should they pay for the mistake? The bankruptcy of Liangfang Group has not affected them much, and they can even take advantage of this opportunity to make a fortune.

The real estate downturn will depreciate the real estate properties in their hands, but so what? They themselves do not make money by investing in these, and they can just buy the bottom while the price is falling.

Moreover, if the economic situation deteriorates, many people in the United States will definitely lose their jobs, and the salaries of employees can be reduced, which is also beneficial to them.

In this way, Liangfang Group has become a company that grandma doesn't love and uncle doesn't love. More than a year ago, it was still full of glory. I didn't expect the world to change so fast, and now it is on the verge of bankruptcy.

In fact, according to Feng Yu's analysis, Liangfang Group should have filed for bankruptcy protection long ago. Because when applying for bankruptcy protection, some debts can not be repaid temporarily, and some interest will not continue to increase, so they can have enough time to restructure their assets.

During the period of bankruptcy protection, many companies will arouse the interest of some companies after restructuring, so as to get rid of the risk of complete bankruptcy.

The fact that the two houses can issue so many bonds is enough to prove that they still have many high-quality assets.

It is a pity that many shareholders chose to conceal the true situation of the company at that time because of the need to cover up, and then borrowed heavily to tide over the difficulties. As a result, the difficulties were not overcome and fell into a deeper pit.

In the current two rooms group, no one wants it for free. If the assets are insolvent, whoever takes over will lose money.

The default rate of housing loans in the United States is still rising, and the pit of the two groups will become deeper.

Seeing that the American government ax could not be thrown out, they could only take over by themselves. Liangfang Group cannot go bankrupt, otherwise the economy of the United States will be over, and the financial market will definitely collapse. There are too many financial companies related to Liangfang Group, which will form a chain reaction.

However, the political ax took over, which is also very controversial. Because many people say that the money of American taxpayers should not be used to fill the pits in business operations. Those shareholders should be allowed to take out the money and rescue the company.

There are so many foreign investors holding shares in Liangfang Group, and many of them are state investment institutions. Let them take money out. They still hold so many bonds of the two groups, do they just want to watch the bonds become waste paper?

Although debt is higher than equity, if the company goes bankrupt, what can your bonds get back?

Aren't the European Union and island countries very rich? Let them take the money out.

What worries these people the most is that once the two housing groups go bankrupt, will the government that takes over at this time have to undertake the debt repayment work?

Other countries that invested in the bonds and stocks of the two groups breathed a sigh of relief after receiving the news. The U.S. government has finally taken over the Liangfang Group. It should not be so dangerous this time, right?

The S&P credit rating of Liangfang Group has fallen all the way, from the highest quality AAA credit rating to the current + credit rating. In other words, Standard & Poor's believes that the two groups are likely to default. Without good commercial, financial or economic conditions, the default rate will definitely be very high.

It is also because of these that it is difficult for the shares of Liangfang Group to rise back.

Standard & Poor's said that the credit ratings of these two companies are so low that they don't have enough repayment ability. Is there any need for investment?

But after the US government took over, these are different. The government of the United States has a credit rating of AAA and has a very strong repayment ability, so it is basically impossible to default.

There are even many people who say that the bonds issued by the two groups may be equal to the national debt of the United States again, and the yield is higher than that of national debt.

At this time, the bond value of Liangfang Group began to rise, and the stocks of Liangfang Group also began to rise. It seemed that Liangfang Group was about to come back to life.

But is this the case? Feng Yu is about to expose this illusion!

...

Please remember the first domain name of this book: . The website for the fastest update of the mobile phone version of Biquge: