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Text Chapter 1583 There is an expert!  ?

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    America, New York, inside one of the most upscale clubs.

    The sun was shining brightly outside, and the ladies and celebrities were laughing happily. However, Fannie Mae¡¯s CEO Krister and Freddie Mac¡¯s CEO Tommy were sitting in a small room drinking coffee with livid faces.

    "Tommy, tell me what to do? The Chinese bully others too much!" After drinking the third cup of coffee, the anger on Kuster's face couldn't help but burst out, "This is already five days ago."  Within a month, their 58th proposal was made, and this time it was even more exaggerated, saying it was basically an ultimatum! "

    Tommy looked at the angry Kuster, but said nothing.

    He knew very well, how could a cunning and cunning person like Kuster be so easily angry?

    This is Kester deliberately provoking himself to get ahead.

    But then again, the Chinese people are really tough this time, and they have been reluctant to let go, which makes me feel very difficult to handle.

    It is naturally a big deal for the presidents of the two giants of American residential loan mortgage companies to have a meeting and discuss here.

    The reason is that China's State Investment Corporation has been applying for "time-limited delivery bonds" since August. The amount of the application is exactly all the US$376 billion in Fannie Mae and Freddie Mac bonds they hold.  .

    Fannie Mae and Freddie Mac have issued more than 5.3 trillion U.S. dollars in various bonds, accounting for 14% of the total U.S. bond market, but this does not mean that they have so much money.

    In fact, most of this money flows into major financial institutions and government financial departments in the United States, and they are just middlemen.

    But even if they have money, they are unwilling to give Huaguo State Investment Corporation¡¯s US$376 billion in bonds.

    No matter whether it is a financial giant or a government department, it is definitely not allowed to withdraw so much money at once.

    What's more, the U.S. bond market is now like a tight thread. If someone knows that China State Investment Corporation has limited delivery of bonds, it will easily cause an avalanche - a bond market worth tens of trillions of dollars.  No one dares to imagine what it would be like if it collapsed.

    Many times in the beginning, due to strong reasons, Fannie Mae and Freddie Mac did not agree, or even refused directly.

    But as the subprime mortgage crisis broke out directly and became more and more intense, the attitude of the Chinese people became increasingly tough.  This time it was even directly stated that if Fannie Mae and Freddie Mac do not give a satisfactory answer within half a month, then SDIC will sell off Fannie Mae and Freddie Mac regardless of the cost.  of bonds.

    In this way, Buster and Tommy have no choice but to continue pretending to be deaf and mute.

    Now they are together.  It is to discuss whether the Chinese people are so ruthless, what is the bottom line of the Chinese people, and how should Fannie and Freddie deal with this matter.

    Americans are very arrogant, but they are definitely not fools, let alone lunatics, and they refuse to play with lunatics.

    Tommy is actually not the most anxious in his heart, but Kuster is the most anxious.  Because Fannie Mae is several times larger than Freddie Mac, more than $300 billion of China State Investment Corporation's $376 billion in bonds belongs to Fannie Mae, while Freddie Mac only has tens of billions.

    Of course, if the real Chinese go crazy and sell in the bond market, the end of 300 billion or tens of billions will be the same miserable.

    But after all, there is always a comparison, right?

    Fannie Mae is always more anxious than Freddie Mac.

    "Hey, Tommy. Why don't you say anything?" Kuster looked at this old friend impatiently, "Am I unlucky, how can you be better?"

    "I think the Chinese people were just in a hurry this time, so they spoke like this on purpose. Who doesn't know that they are good at talking, but they still don't dare to do anything?" Tommy said slowly.  "The proposals have been rejected 57 times, which only proves that they were frightened by the subprime mortgage crisis. We can send another public relations team and ask them to explain to Huaguo State Investment Corporation, isn't that enough? We, Fannie and Freddie  Company. It¡¯s a state-sponsored enterprise!¡±

    There is no such thing as state-owned enterprises in the United States, but they will subsidize many companies in people's livelihood industries, such as post offices, railways, agriculture, etc. Fannie Mae and Freddie Mac, which are related to people's housing issues, are naturally the targets of subsidies.  , the U.S. government uses them to lend money to people who need money to buy houses.

    Therefore, these companies are the most trusted by people, and the same is true for foreign companies.

    ¡°When China¡¯s State Investment Corporation bought Fannie Mae¡¯s bonds before, it did so under the persuasion of Fannie Mae¡¯s public relations team.

    In fact, no one knew about Fannie Mae and real estate at that time.Something will happen, and the bonds they represent are the safest. The yield is not high, but it is more cost-effective than holding the U.S. dollar itself.

    In the end, Fannie Mae and Freddie Mac went bankrupt, defrauding foreign investors of more than 5 trillion US dollars in one fell swoop, which made everyone cry just thinking about it!

    Kuster's eyes flashed, "Great! You have a great idea! How about you lead the team this time? I will go to Capitol Hill and let those politicians help us brag! One of us is responsible for one  In terms of aspects, it can definitely be done! ¡±

    Tommy couldn¡¯t help but feel speechless towards Buster.

    "I've been talking for a long time, you're just waiting for me here, right?"

    ¡°But he couldn¡¯t raise any objections. After all, Fannie Mae is larger and has better relations with Capitol Hill. However, a trip to China requires the help of politicians from a distance.

    Kester thought more deeply than he did. Firstly, if he went to China, he would definitely not be able to feed those Chinese people if he didn¡¯t have enough weight. Secondly, if something was really wrong, he would be the first to be held accountable.  It will only be Tommy who went to China, not himself.

    They both have their own thoughts and are thinking about not talking.

    But it is also a confrontation.

    At this moment, just listening to the sound of "Ding Ling Ling", their cell phones rang almost at the same time.

    "Hello!"

    The two looked at each other and both picked up their phones.

    Then at the same time, the expressions of both Buster and Tommy changed drastically, becoming extremely livid.

    This is what the subordinates said on the phone.

    "President, it's not good! Five minutes ago, Huaguo State Investment sold our 30 billion (10 billion) bonds in the market at once, which suddenly made the market nervous, and the face value of the bonds fell by 24 cents!"

    All right!

    This time, they were frightened.

    No company has ever dared to sell off Fannie Mae and Freddie Mac bonds like this. The U.S. bond market is already very tense. You can imagine what kind of chain reaction this will cause!

    After the two hung up the phone, they immediately walked to the side and started talking on the phone quickly.

    The bond market is not owned by Fannie Mae and Freddie Mac. Although their combined share is the largest among all groups, the other financial giants, as well as the US government, still occupy a large share.

    ¡°Now the bond market is like a fragile egg standing on the top of a mountain. A slight gust of wind can blow the entire market over. If it is over, everyone will be over together. Therefore, it is impossible for those financial giants to survive alone.

    After a while, the two of them sat together again, panting like cows, drinking coffee that had long since cooled down to moisturize their almost dry throats.

    "FK!" Kester pulled off his tie, his eyes were red, and this time he was scared and angry, "Are we going to die together? They are too cruel!"

    "They dare to die together, but we don't!" Tommy smiled bitterly, "I didn't expect the Chinese to be so ruthless and invested 40 billion US dollars in one go. It seems like this is a warning to us! If we don't  Do as they ask, and I¡¯m afraid there won¡¯t be more than that next time!¡±

    "What should we do? Surrender?" Kuster swallowed, sweating profusely on his forehead, "But where do we have so much money?"

    Fannie Mae and Freddie Mac are rich, but they are not that rich. With more than 300 billion US dollars, apart from the Federal Reserve working overtime to print money, which company has such a large capital flow?

    Tommy¡¯s face became stern, ¡°I want to think of a way, but there is something¡­ In addition to the cash on hand, the bonds prepared for Bear Stearns and CCF a few days ago, can¡¯t they be credited in these two days?¡±

    "You want to embezzle this money?" Kester was frightened by the old man's boldness.

    U.S. financial institutions have prepared nearly 300 billion in working capital to issue bonds for Bear Stearns and CCF Investment Company, which are in extreme crisis. Naturally, this money was given out through Fannie Mae and Freddie Mac.

    If the two companies misappropriate the 300 billion, it will undoubtedly push Bear Stearns and CCF further down the road!

    "Otherwise, what can you do?" Tommy sneered. "It's better to kill Bear Stearns and CCF than to kill all of us, right? Those financial institutions also know their priorities. Let's explain to them.  The money must be taken out!¡±

    The thoughts in Kuster's heart were spinning like lightning, and sweat was pouring down from his forehead.

    After a moment, he sighed dejectedly: "Okay, old man, let's do this! Unexpectedly! There are times when Huaguo Company can be so ruthless. Is there an expert giving them advice?"

    ??"Yes! This is different from the usual silly looks of their company executives!" Tommy also felt a little strange, "In fact, ever since they have been applying for time-limited delivery, I have felt that something is wrong! Inside and out  Everything is weird."

    "Scare, you said They knew we had the funds right away, so they deliberately chose this time to sell the bonds, right?" Kester suddenly thought of a possibility and couldn't help but say it.

    Tommy's face suddenly turned pale: "Noit can't be that evil, right? Who can be so powerful!?"

    ¡°That¡¯s what I said, but you were looking at me, and I was looking at you, with unspeakable fear and worry in my eyes.
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