Chapter 1629 The real world full of danger
Washington is the city with the largest snowfall in the world, so it is called "Snow City".
The next morning, snowflakes flew, and Washington was like a crystal clear fairy tale world. The fragrance of pine trees and the fragrance of snow gave people a cold and refreshing comfort.
Everything is filtering, everything is sublimating, and people's hearts become pure and beautiful as they are purified.
Wearing a tight black sportswear, a knitted hat and gloves, Andy exhaled in heat and jogging on the snow-covered path. Four bodyguards in sports equipment jogged around, staring at the reporters who followed around and took photos.
The CEOs and chairman of the first nine Wall Street financial giants to participate in the US Treasury Department's $700 billion rescue plan gathered on Capitol Hill and will be questioned by U.S. Congressmen. This has become the biggest event in the Washington press and the most concerned criticism meeting in the United States.
As the hottest star super rich man in the United States, it is conceivable that Andy Smith has received attention. It has to be said that the reporters in Washington are really powerful. The news that Andy returned home last night was already learned by reporters that as soon as he left this morning, a large number of reporters were squatting on the streets in front of his house, even though it was cold outside.
Andy ignored the yelling questions of these reporters, listened to music with headphones, breathed in the cool cold air, completed the jog, and turned home.
Looking at the morning news that was playing on the TV, I was jogging among the snowflakes all over the sky, and listening to the background introduction of the female anchor of the news.
"…The nine eOs who will attend the hearing today include Blankfein of Goldman Sachs, Damon of MG Chase, Lewis of Bank of America, Pandit of Citibank, Kelly of Bank of New York Mellon, Roger of State Street, McG Stanley of MG Stanley, Andy Smith, who is jogging in the picture. Previously, his Yingtai Bank and eight other banks received a total of $168 billion in federal bailout funds."
The corners of his mouth twitched a few times. Although Andy was used to her frequent appearances on TV reports, this experience of watching her real-time reports was still a bit speechless.
"Okay, have breakfast soon, 7 hours of hearing, they must be crazy!"
Looking at the news reports on the TV, Li Wanqing complained in anger, but in the face of the "semi-ritualized" activity of the Congressional investigation hearing, she could not refuse to participate.
"Who asked to get the money..."
Auston, who was already sitting at the dining table and looking at the newspaper, looked up at the mother and son who were walking in and chatting, and said with a pout.
Andy shrugged, sat at the dining table, and said indifferently: "We didn't lack that amount when they forced the money to Yingtai Bank. If they wanted to make a fuss with this matter, I'm afraid I would embarrass them."
Auston looked at his somewhat rebellious son and shook his head helplessly and said, "The most concerned issue among members of Congress is how you spent the huge aid funds from the US government, whether you used this money to pay executives' salaries, government lobbying or dividends to shareholders.
Especially your investment company and bank, the bonuses I gave was too dazzling last year and caused many people to question it.”
"If they are willing to question it, they are just questioning it. I did not create the economic crisis and it has nothing to do with my employees. Not only before, I will continue to pay salaries in a "responsible and rules-based" way in the future to attract and retain top talents." Andy raised his eyebrows and looked at Auston, and said with a sneer.
"you"
"Okay, have a meal! Let's save your strength and eloquence for a while at the hearing. What are you competing at home?"
Li Wanqing was so angry that she was furious that she stopped the father and son from having sex. Andy laughed twice and became a good baby in seconds. He picked up the knife and fork and started to eat breakfast quietly. Auston almost vomited blood. He glared at his son fiercely, and snorted coldly and began to eliminate food.
Li Wanqing nodded in satisfaction, sat down, and served soup for the two of them.
“…Eight EOs seem to be prepared for the situation that may be encountered at this year’s hearing. Instead of boarding private jets like in the past, the Big Eight went to Washington by private cars or public transportation respectively.
Knowing from insiders that Dimon had a premonition of sharp inquiries about compensation and additional benefits, he came to Washington by train to spend the night at the Park Hyatt. He met Kelly during breakfast.
Blankfein and McGinheng were on commercial flights, but Blankfein was staying at the Ritz-Carlton Hotel. Pandit spent several hours preparing for the hearing.
Only Andy Smith arrived in Washington on his private plane. His private plane was just delivered last year. The Boeing 747-vip series is a replacement aircraft prepared by Boeing to replace the active Air Force One. The aircraft cost is as high as 200 million US dollars…”
The TV news broadcast made Li Wanqing and Auston frown and look at Andy, who was also frowning, but had a sneer on his face. Li Wanqing said with some concern: "At present, the public is angry about the financial industry. You should pay attention to this obviously guiding public opinion."
"Well, mom, don't worry, they are just clowns. I make money by my ability, and spend whatever I want. However, I will not let them go of guiding reports like them!" Andy first comforted Li Wanqing, then put down the knife and fork, pulled the napkin and wiped his mouth, picked up the cell phone on the dining table, and sneered and called.
"It was me, I immediately sent a lawyer letter to -span TV station to sue them. Their reports were obviously biased, and using guided reports to cause serious damage to my reputation..."
Seeing Andy making arrangements vigorously, Li Wanqing and Auston, who were a little worried before, looked at each other and shook their heads and laughed. Even Auston, as a senior lawyer, was caused by his son who was a hedgehog, and felt a toothache. You know, this kind of lawsuit is difficult to win, but it can make the already frustrated -span TV station worsen, and it is like spending money to make people play.
Since the government injected capital into nine major banks, the public has not been very clear about how banks use government bailout funds, and at first banks have not been asked to announce how they spent the money. Until recently, when banks' billion-dollar bank bonus plans, sponsoring large football sports parties, and banks purchasing private jets were exposed by the media, criticism of Wall Street bankers has gradually increased.
Especially Andy Smith, who is already very dazzling, is the youngest super richest man in the world, his Yingtai Bank has also received financial assistance, which has caused many interested people to invest more attention on Yingtai Bank. At the same time, some negative news has been constantly exposed, such as triggering compensation agreements, creating homeless people, and issuing bonuses and benefits, which has also attracted a lot of doubts and accusations.
The trees are as beautiful as the forest and the wind will destroy them!
Chapter completed!