America's Road to Fame

Chapter 208 To Tokyo and Paris
3月2日，美利坚政府宣布将向美利坚国际集团提供了总额达1000亿美元的救助，其中包括美联储提供的600亿美元贷款和美利坚财政部提供的400亿美元注资。

After completing this capital injection, the American government will hold 80% of the shares of American International Group.

This time, the conditions for AIG’s rescue were extremely harsh. Not only did the interest on the loan be high, but it also required the group to be nationalized, and the shareholding ratio after capital injection must reach 80%. In the words of US Treasury Secretary Paulson:

"Because we don't want to reward a company that fails, and we don't want to encourage other companies to follow the example of AIG and take the risk that could lead to bankruptcy."

However, although American International Group was temporarily rescued, many other banks were also on the verge of bankruptcy due to the impact of the subprime mortgage crisis.

During this week, many banks in the United States declared bankruptcy, including Washington Mutual Bank, the sixth largest commercial bank in the United States with assets exceeding US$3000 billion.

On Friday, the day everyone met at the New York Fed to try to save Lehman Brothers, Washington Mutual's credit rating was downgraded, and a run ensued, with money draining.

On March 3, Washington Mutual had to close, the largest bank failure in American history.

Affected by the subprime mortgage crisis, the bank's credit is constantly decreasing, and it is easy to run if there is any trouble.

For example, Morgan Stanley, one of the only two remaining five major investment banks in the United States, is in a bad situation after the bankruptcy of Lehman Brothers and the acquisition of Bank of Merrill Lynch.

To make matters worse, they can't borrow any money and can only watch their cash flow away-on Monday, March 3, they still had more than 1 billion US dollars in cash reserves, but by the end of the On Friday, March 1300, only $3 billion remained.

Therefore, in this case, Morgan Stanley is already preparing to submit a request to the Federal Reserve to become a bank holding company.

Because as independent investment banks, they cannot directly obtain the direct support of the Federal Reserve. Only after "transformation", they can permanently obtain the right to obtain emergency loans from the Federal Reserve like other commercial banks to tide over the difficulties.

And Goldman Sachs is also facing such a situation, although they were before.Made a little money in the subprime mortgage crisis, and also made a lot of money by shorting the European and Asian markets.

In general, Goldman Sachs earned more than US$100 billion in income during the subprime mortgage crisis only through its own investment business.

Their problem is that in a situation like this, with all the bank runs happening, and Goldman Sachs reserves being stretched, in order to get funding, they're not only considering turning into a bank holding company, but they're getting ready to end their holdings in Europe and Asia. Short an investment.

Similarly, Chen William also began to ask John Paulson to gradually close the stock market short position of No. 2 Fund.

The current situation, the recent wave of bank bankruptcies has brought the stock market into a trough again, and it is also a good time to close short contracts.

According to the current information, the government's quantitative easing policy is coming soon. With the advent of the era of flooding, money printing factories will not stop day and night, and a large amount of funds will soon pour into the financial market, followed by the stock market will begin to pick up.

Therefore, the second phase of the subprime mortgage crisis is coming to an end, and the third phase of quantitative easing is ushering in. The economy is weak, and some industries have begun to improve first, but now he cannot predict how long this phase will last.

As for the No. 3 fund managed by John Paulson, he was originally the fund manager to conduct the investment operation of the fund, so William Chen would not interfere too much.

……

William Chen sat in Paris's pink Bentley Elegance again.

Uh, I have to say that habit is a terrible thing. He actually found that after riding in this car a few times, he was no longer so resistant to the pink color of the car.

"Are you going to buy Twentieth Century Fox soon, honey?"

Not long after Paris returned to New York, she first took the initiative to give Chen William a deep kiss after they met, and then asked about the most sensational rumor in the United States during this period.

"It's still under negotiation, and Disney is still competing with us."

In fact, Disney is more interested in its shares and the local sports channels of Fox Television Network.

Therefore, if there are no accidents, William Chen should be able to successfully buy [-]th Century Fox in the end, because Disney was not so active in the company's bid.

"Are we going to see Uncle Tom and his girlfriend today? I don't know when they will get married."

It seems that Paris didn't particularly care about William Chen's acquisition of [-]th Century Fox. It was just because the popularity of this matter was too high recently, so she asked it out of the way.

She seemed to be more concerned about Uncle Tom's gossip, but why did Paris always look at her when talking about his marriage.

"I don't know about this, but based on my understanding of Uncle Tom, since he took the initiative to invite us to meet today, it means that the relationship between them is already very stable."

William Chen seemed unaware of what Paris meant, and continued: "And it may not really need to be confirmed in the form of marriage. They live together like this. As long as they are happy, it is also very good."

"It's true that many people are like this now, especially at their age." Paris said with a slightly disappointed face:
"I didn't expect it to be so soon. Uncle Tom and the others have already confirmed the relationship publicly."

"Uh... dear, your dress is so beautiful today, did you prepare it specially for this meeting?"

"Hehe..." Paris sneered, and suddenly said: "William, I haven't been on the plane since you bought it. When will you take me out to play? I've been busy with the company recently, and I feel like I should take a break." .”

"Of course, my dear, where do you want to go? We can go anytime."

"Hmm...Tokyo, it doesn't seem to be suitable, and Huaguo, it doesn't seem to be suitable..."

Following Paris's words, the smile on William Chen's face became slightly awkward.

"As for Paris, I don't know if it's suitable or not. How about going to England? England seems to have a nice scenery..."

This...William Chen secretly observed Paris' expression when he said these words, trying to see the clues.

In other words, I took Fan Bingbing to Musk's wedding, but the consequences were revealed.She blamed herself for being too dazzling and murdered Filmin, who had too many reporters. Naturally, Fan Bingbing, who was always by her side, was also remembered and photographed together.

It's okay here in the United States, because after all, Fan Bingbing's reputation here at this time is not like she will have some popularity after she has appeared in a few Hollywood movies in the future.

Now the reporters are only curious about the identity of the beautiful women in China next to William Chen. The enthusiasm did not last for a few days, because the reporters photographed many beauties around him, but William Chen would never admit it.

But it’s different in China. At first, economic and technological news media would care about reporting about Musk’s wedding, but it turned out to be a disaster. Someone found Fan Bing next to William Chen in a foreign media photo. ice.

Fan Bingbing's popularity in Huaguo at this time was greater than that of the later traffic stars, so this news immediately entered the entertainment sector and caused a sensation.

Thinking about it, I know that one is one of the most famous actresses in Huaguo, and the other is the youngest tens of billionaires, and he is also the male god of hundreds of millions of girls. It exploded.

At this time, Weibo has not been launched for a long time. Because of the news that day, the Weibo server crashed...

But at this time, the two parties involved are not in China, William Chen has returned to the United States, and Fan Bingbing is going to Paris to participate in the next fashion show.

Not only did some of them go to Fan Bingbing's studio to interview the staff there, but some even went to the office of Meta Investment Company in Yanjing to ask the bewildered Li Ying.

What's more, there were even some who went to interview Boss Ma and Ivanta.

Of course, all the news I got was nothing to comment on.

Some media even sent reporters to the United States and Paris to directly interview the parties involved.

At this time, Chen William and Fan Bingbing, who knew the news, instructed the people on both sides to give an answer after contacting them.

Then Fan Bingbing's studio issued an announcement:
When Ms. Fan Bingbing went to Europe due to work arrangements, she discussed the cooperation with Mr. William Chen in the UK.Regarding the photos, staff from both parties were present at the time, but they were not included in the photo.

Ms. Fan Bingbing and Mr. William Chen are good friends and partners. I hope that the media will not speculate too much about the relationship between the two. If there are false reports, they will be investigated for legal responsibility.

In the interview with reporters, Li Ying also said: William Chen will indeed cooperate with Ms. Fan Bingbing, because he is optimistic about the other party's popularity in China, so he will invest in Fan Bingbing's studio. As for the specific cooperation details and The investment amount and shareholding ratio are temporarily unavailable.

Facing the reporter's questioning, Li Yingdu said lightly that it is not convenient to reveal more now, and there will be a special disclosure later.

At this time, the thought in her heart was: You still ask me, I don't know yet.The boss just told himself that he would invest in Fan Bingbing's studio through Huaxia Future Capital, and asked himself to go to Huace Film and Television Company to discuss investment with the other party's staff. As for the investment method of Fan Bingbing's studio, Save it for later...

What can I do when I hear this weird request?I am also very confused!

(End of this chapter)