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Chapter 105: The Golden Barbarian

Perhaps some people will find it ridiculous. Why does Andy Smith threaten a Treasury Secretary and his chief of staff just threaten a bank in danger of bankruptcy?

Just take over and keep the Fed's blood transfusion, the threat is a bit childish...

Why are you afraid that any bank that is full of crisis will go bankrupt, and why so many banks will not be sold to others at a low price like Bear Stearns?

The subprime mortgage crisis that lasted for a year is itself a huge black hole, with one vortex after another, confusing. Even the people in the vortex do not know the details. How much is the losses caused by the subprime mortgage crisis?

How many investment banks and financial institutions have bought how many sub-loan derivatives?

How did the subprime mortgage crisis affect the global economy?

How does the United States erase the subprime mortgage crisis?

When will the subprime mortgage crisis bottom out?

Not only is the US government unclear about these problems, but even Wall Street, which released monsters and created the subprime mortgage crisis, is also unclear about these problems, so it is naturally even more difficult for ordinary people to find the exact answer.

And this is the terrible part of the subprime mortgage crisis. The unknown is the most terrifying thing!

Just as Geithner, who is currently the chairman of the Federal Reserve and later served as O'Haibull Treasury Secretary, recalled.

"I don't know how to describe those horrible days, the combination of feelings of crisis, excessive responsibility and numbness towards financial catastrophes.

Frustration of being unable to control the situation and uncertainty about the rescue method.

A fear of good strategies may be completely different.

Pain and guilt, loneliness and numbness.” …

No one wants to take risks, and open the black hole because it is reckless, because the black hole will swallow everything, whether it is good or bad.

Andy Smith knows the coordinates of this black hole and what conditions are needed to open the black hole.

The problem is that others don’t know. Seeing him rushing back and forth without any scruples, he was making money, and he was invincible. Others were cautious and didn’t want to step on the mine and be killed by being bombed. Suddenly, such a master came. If anyone had to push such a lunatic down first, don’t blow everyone to death!

Andy never thinks that he has taken advantage of buying these banks. To put it more thoroughly, many people are willing to take over the bankruptcy protection of these banks that have gone bankrupt or entered bankruptcy protection.

During the economic crisis, countless American banks went bankrupt. After being taken over by the government, they were eventually sold at a cheap price after the crisis. No one knew how many people took advantage of it.

But real bank tycoons like Bank of America do not look down on these. They only have commercial investment banks like Merrill Lynch and MG Stanley.

From another perspective, the US government is willing to take over by people like Andy who have good personal credit and huge assets. After all, savings banks are the most harmful to ordinary people and the middle class.

Of course, the only thing that is unacceptable is that Andy wants to not pay a penny, and even the interest is guaranteed by the Ministry of Finance, and he can buy these banks at an extremely low price...

If he really gets out of the financial crisis, let him integrate and get rid of his huge losses and debt burden, he will definitely become a new large bank in the United States.

However, because of the Bear Stearns incident, the Treasury and the Federal Reserve have set a precedent for this acquisition. Coupled with Andy's personal assets, this acquisition method seems to have no reason to refuse.

"We can consider the conditions, but we also have conditions, and you need to agree!" Hamilton did not look at the memorandum of understanding on the table. Although this kind of thing is not legally bound, some people do not need to obtain their own justice through the law. They only need to have something to prove, we have seen, said, understood, reached a consensus, and cooperated verbally.

"Let me tell you..." Andy knew that things were not that simple. Transactions were never unilateral. The threat was very lethal to those who could not see the future. At the same time, because of the unknown, the other party would choose not to compromise.

"In the short term, don't use your influence and funds to speculate on gold futures again. The dollar's turnover is aggravating the rise in commodity prices and pushing up bond yields. We really don't want the dollar to fall again this time!" Hamilton showed a helpless expression on his face and said the first condition.

"Ha, why are you calling me behind the scenes? By the way, the Golden Barbarian, right? Haha, yes, in the short term..."

Andy showed a sarcastic smile on his face. The Wall Street Journal once wrote a report, which called gold a "relic of barbarism." Andy Smith is the new generation of golden barbarians.

What to say, now, the "golden barbarians" are pounding the Fed's door, claiming that the US dollar is a victim of the past surplus of liquidity and loose monetary policy.

"Twice take action... Don't rush to refuse. We will never force you to invest in anything. You can choose to refuse investment until you appear in the project you are willing to invest in.

But we hope you can take action twice like Warren Buffett. After all, both of you hold huge amounts of cash in your hands, and others cannot borrow money in this kind of crisis, and you are the ones that the bank wants to lend you money. The crisis is accompanied by opportunities. I don’t need to explain this too much. Just these two conditions, if there is no problem..."

Hamilton said, reaching out to press his hand on the table and laughing: "I will take it back and return the signed one, after all, I am just a chief of staff."

"Yes!" Andy pondered for a while, a bright light flashed in his eyes. He agreed in one go. After saying that, he reached out and shook Hamilton.

“Happy cooperation!”

"Thank you for your cooperation!"

"Okay, the business is over, let me tell you something private. My invitation was not a joke. Al has introduced you to me. He has never praised someone like that. After Paulson left office, you would never return it to Goldman Sachs, right? How about coming to help me?" Andy invited solemnly with a sincere smile on his face.

"Haha, thank you for your attention, but you already have Al, so it's impossible to build another think tank." Hamilton's eyes lit up. He thought it was a joke before, but when he was mentioned again, he had to seriously consider it.

"No, no, a think tank is enough. The new CEO of Indy Mac Bank is also the CEO, how about?" Andy looked at the other party with a burning look.

Hamilton's pupils shrank slightly, and he looked at Andy with a serious expression. Then he lowered his head and pondered for a while and said, "I will think about it seriously!"

"Okay, I'll wait for your good news. I hope I can work with you in the future. Believe me. Working with me will be easier to use your talents than Goldman Sachs, which is constantly fighting in the endless battle!"

Hamilton pulled his face and smiled bitterly: "Mr. Smith, your way of persuading people is really... simple and direct, Goldman Sachs, hey, then I will say goodbye first. If there is any news, I will call."

"Haha, okay, I'll wait for your good news... By the way, don't forget about Blue Mountain Coffee. It is the government's responsibility to protect the rights and interests of our American citizens from infringement. If I can't get what I want, you know, the Department of Commerce will definitely receive an anti-dumping adjustment report from Congress. Protecting the competitiveness of American companies is also the government's responsibility, right?"

Andy and Hamilton walked out of the cabin together. Andy looked at Ivana who was walking slowly, turned around and smiled and said to Hamilton.

"Is this a condition?" Hamilton teased with a smile.

"No, no, I said that this is the responsibility of the government. If I am bullied, it is undoubtedly a slap in the United States in the face. We are still a little more and more restless. If we want to show the existence of the young followers, do you think you should hit it well?"

"Ahem... OK, okay, I will report it and ask the Secretary of State to handle this matter." Hamilton coughed speechlessly and said helplessly.

"Don't underestimate this matter. This is a business worth tens of millions of dollars a year. No. 1 Blue Mountain Coffee is a scarce resource worldwide. This is related to a monopoly market. I was about to obtain high-quality supply and set up a coffee chain in the United States. This is related to taxation and employment issues... Tsk tsk, do you say, is it serious or not!"

Andy's seemingly relaxed and teasing tone made Ivana smile sweetly on her face. As the person beside her, Ivana naturally knew that her man was using his interests to increase weights.

Sure enough, Hamilton's expression became serious, "I will inform the State Council Yuan with the official document of the Ministry of Finance!"

Looking at the black dots of the helicopter moving away, Ivana hugged Andy's chest and waist with a sweet smile, pressed her tightly into her arms, and said with a giggle: "Win?"
Chapter completed!
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