They are all reborn, and the grandson is still a spare tire

The two CEOs of Fannie Mae and Freddie Mac are indeed complete wastes.

In his previous life, Paulson fired these two useless people as soon as the U.S. Treasury Department took over the two housing agencies. It can be seen how deep his resentment was and he didn't want to endure it for even a minute longer!

At this time, these two useless CEOs were still fantasizing.

After the U.S. Treasury Department takes over the two housing agencies, Jiuye Investment Group will purchase large amounts of bonds of the two housing agencies. By then, they will have money to squander!

Little did they know that no matter how many Fannie and Freddie Mac bonds Jiuye invested in, it had nothing to do with them!

Their fate has already been determined, which is to be fired immediately!

"What a bunch of idiots! If I had known this would happen, I shouldn't have brought these two idiots out to embarrass myself."

Paulson cursed inwardly, gritting his teeth.

Then he turned and looked at Yao Yuan.

"Mr. Yao Yuan, we welcome your willingness to purchase the bonds of Fannie Mae and Freddie Mac."

"Here, I can tell you clearly that the two housing bonds are safe and backed by US dollar credit. You can buy them with confidence."

"As for whether the U.S. Treasury will take over the two housing agencies in full and when, the timing is not right yet. It's not that time yet."

"If it really develops to that point, the U.S. Treasury Department can take action at any time and take over the two housing agencies. There will be no legal obstacles."

Hearing this, Geithner's facial muscles suddenly twitched a few times.

Looking at his expression, it seemed that he wanted to say something, but in the end he stopped himself!

Yao Yuan knew exactly why Geithner behaved like this!

He knew very well that there were many people within the Federal Reserve who did not support the U.S. Treasury Department's full takeover of the two housing agencies, and Geithner was one of them!

This old guy adheres to liberal economic policies, does not agree with government intervention in the market, and advocates abandoning the two housing agencies and letting them fend for themselves!

However, the trillions of dollars of Fannie and Freddie Mac bonds are highly correlated with the credit of the US dollar.

As the president of the New York Federal Reserve, he cannot stand up and oppose it clearly, so he behaves like this.

Next, Paulson introduced in detail the various measures to ensure the safety of the two housing bonds, hoping that Yao Yuan would fall into the trap and buy more of the two housing bonds.

But Yao Yuan's attitude remains very clear.

Only when the U.S. Treasury Department truly takes over the two housing agencies will Jiuye Investment Group be eliminated.

How many Fannie and Freddie bonds to buy at that time will depend on the specific circumstances at the time.

During this process, Vice President Wang also expressed his attitude.

In the coming period of time, Beijing will pay close attention to the ratings of the two housing agencies' bonds, as well as the progress of the US Treasury Department's takeover of the two housing agencies!

And based on the specific situation of the international financial market, decide the attitude and scale of holding the two housing bonds!

If there are signs of collapse or bankruptcy, all of their bonds will be sold immediately!

After hearing Vice President Wang’s statement, Paulson and the others’ faces turned dark!

All they can do is to reassure again and again that they will ensure the safety of the two housing bonds, there is no doubt about that!

After discussing this topic, Paulson talked about the most important thing.

That is, they hope that Jiuye Investment Group will take action and acquire the troubled Lehman Brothers Bank or Merrill Lynch Securities.

Even acquiring these two top investment banks together is not out of the question!

When he said this, Yao Yuan became even more certain that this was a deadly poison, not a fat sheep delivered to his doorstep!

The same went for Vice President Wang and his colleagues. No one was excited about this. Instead, they all frowned.

Seeing everyone's performance, Paulson, Geithner and others all secretly exclaimed.

"Oops, we acted too hastily!"

The next moment, Yao Yuan smiled and shook his head.

"I'm very sorry, Mr. Minister, I'm afraid I have to disappoint you. Jiuye Investment was established very recently. Although it has developed well, it is still far from being a top investment bank on Wall Street."

"Our group is not strong enough and lacks foundation. We really don't have the ability to acquire top investment banks like Lehman Brothers and Merrill Lynch!"

"Even if the acquisition is successful, it will cause indigestion, and then I will be stuck in a quagmire and even go bankrupt, so I can only reject this proposal."

Paulson and Geithner's faces suddenly changed and turned dark rapidly.

They just wanted Yao Yuan to be the scapegoat and use the huge debts of Lehman Brothers and Merrill Lynch to completely bring down Jiuye Investment Group.

By then, the nearly 3 trillion US dollars of capital controlled by Jiuye Investment Group will be eaten up by Wall Street, and everyone will be fattened up!

But unfortunately, they are too wishful!

How could Yao Yuan, who had already seen through this deadly trap, jump into it and seek his own death!

Before Paulson and the others could speak out to defend themselves, Yao Yuan suddenly changed the subject.

"I also know about the situation of Lehman Brothers and Merrill Lynch. To be frank, the situation of these two top investment banks is not optimistic!"

"At this time, Lehman Brothers and Merrill Lynch were both deeply mired in the subprime mortgage crisis, each with at least hundreds of billions of dollars in subprime mortgage bonds, or even more."

"Under these circumstances, we cannot possibly acquire Lehman Brothers and Merrill Lynch and put ourselves in the same desperate situation as Merrill Lynch and Lehman Brothers!"

"Another point is that our group pursues steady development rather than blind expansion. We do not seek to become the world's largest investment bank."

"In my opinion, there is no need for this. What we pursue is to continue to bring profits to investors and ensure the healthy development of the entire group!"

At this point, he made another turn.

"But we are very interested in the equity interests in some well-known high-tech and resource-related listed companies, as well as corporate bonds, currently held by Merrill Lynch and Lehman Brothers."

"If the price is right, our group can consider acquiring these assets together with some state-owned financial institutions in China, which can also be regarded as helping you solve your problems in disguise!"

"For example, if we acquire Lehman Brothers Bank as a whole, this top investment bank might only cost 40 to 50 billion US dollars to complete the entire acquisition!"

"In another way, we can acquire the high-quality equity assets currently held by Lehman Brothers. The scale of this part of the transaction may reach hundreds of billions of dollars."

"Merrill Lynch's situation is similar, and the transaction scale is even larger, even reaching 200 billion US dollars. This is a huge fortune anywhere!"

"If Lehman Brothers can get hundreds of billions of dollars by selling high-quality assets, and Merrill Lynch can get 200 billion dollars, perhaps they can solve the problems they are facing!"

"With the financial crisis approaching, nothing is more valuable than cash. This huge amount of wealth may help Lehman Brothers and Merrill Lynch survive the financial crisis."

Paulson and the others were all stunned, with their eyes wide open!

The reason why we came to Hong Kong Island to negotiate with you, a little bastard, is that we want to gradually plunder Jiuye Investment Group by getting rid of the burden!

Now, you damn bastard, you are actually planning to rob us!

Lehman Brothers and Merrill Lynch do hold a lot of high-quality assets. If all of these high-quality assets were sold, only an empty shell would be left!

The remaining hundreds of billions or even trillions of dollars of subprime mortgage bonds are all garbage, no one wants them even if they are thrown away!

Once Lehman Brothers and Merrill Lynch sell all their high-quality assets, they will go bankrupt in a minute!

You damn little bastard, you are so fucking cruel!

Paulson and the others were gritting their teeth in hatred, their teeth were about to break!

At this moment, the CEO of Lehman Brothers Bank suddenly said:

"Mr. Yao Yuan, if we are willing to sell the high-quality assets we currently hold, at what price do you plan to purchase them?"

"As long as the price is right, this deal is negotiable. You're right. What we need most right now is cash!"

As the CEO of Lehman Brothers Bank, no one knew the situation of Lehman Brothers better than him.

He knew very well that Lehman Brothers was beyond salvation and bankruptcy was a matter of time. Even if the Golden Immortal descended, it would not be able to save it!

"Shh!"

Everyone in the conference room turned to look at the CEO of Lehman Brothers with different expressions.

Some were happy, some were surprised, and some were angry.

For example, Paulson, who was backstabbed on the spot, was so angry that he almost exploded on the spot!