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

Chapter 1163: One Side is Hell, the Other Side is Heaven

"brush"

Paulson and Geithner both turned to look at the secretary, both feeling a shudder of fear.

The next moment, Paulson asked, biting his back teeth:

"What happened to Morgan Stanley? Are they going bankrupt too?"

The minister's secretary looked at the two big men and then began to explain the situation.

"Just now, the secretary of Morgan Stanley CEO Jamie called and said that Morgan Stanley may face a very serious liquidity squeeze problem."

"Several overseas hedge funds that have invested in Morgan Stanley have simultaneously issued withdrawal requests and are preparing to withdraw a large amount of investment from Morgan Stanley next week."

"The scale of withdrawals from these overseas hedge funds is as high as hundreds of billions of dollars. Morgan Stanley cannot come up with so much money at once. Once a run occurs, the consequences will be disastrous."

"That's why Jamie Dimon asked his secretary to call and hope that the Treasury Department and the Federal Reserve can help find a solution. They will also find a way to raise funds and solve the liquidity problem."

Upon hearing this, Paulson and Geithner were both dumbfounded.

The next moment, there was a loud bang.

Paulson slammed his fist on the desk and started cursing in frustration.

"Fuck! Fuck! These damn idiots, they made such a big hole, why should I clean up their mess? Don't I owe them money?"

"Morgan Stanley is a non-bank financial institution. Even if the Treasury Department and the Federal Reserve want to save them, they don't have the power. Those bastards in Congress will never agree."

Geithner's face also looked very grim, and he nodded in agreement.

"That's right. We don't have the power to directly allocate funds to Morgan Stanley. It's illegal from a procedural point of view!"

"But Morgan Stanley cannot go bankrupt. They still owe the Federal Reserve hundreds of billions of dollars. This money cannot be wasted."

"Morgan Stanley is too big. If it goes bankrupt, Wall Street will be completely finished. Most financial institutions will be squeezed and go bankrupt."

Paulson turned to look at him and nodded.

"That's right. Morgan Stanley must not go bankrupt, let alone trigger a crazy wave of bank runs. These things can be delayed for the time being."

"The most urgent task now is to solve the problems of Lehman Brothers Bank. If no buyer can be found, a global financial crisis will break out on Monday..."

As he was speaking, his cell phone suddenly rang.

Paulson took out his phone, took a look, and then whispered:

"It's a call from the President. I don't think it's good."

As he spoke, he answered the phone.

The next moment, the cowboy president's voice came over the phone.

"Henry, this is George, I'm in the Oval Office, and I saw the announcement that Lehman Brothers just made."

"Can you explain to me why the situation at Lehman Brothers was different from that at Bear Stearns?"

Paulson paused for a moment, then nodded with a gloomy face and said:

"Good evening, Mr. President. I can explain the situation of Lehman Brothers Bank. The size and status of Lehman Brothers are incomparable to Bear Stearns."

"Not counting the nearly $7000 trillion in subprime mortgage bonds it holds, Lehman Brothers' current debt is nearly $ billion. If Lehman Brothers goes bankrupt, it will be the largest bankruptcy case in our country's history."

"The situation now is that we really have no way to save Lehman Brothers. Even with the help of other private companies, we still can't find a buyer. Barclays Bank just rejected us."

"We can only try our best to control the situation and look for buyers over the weekend. If we still can't find any, Lehman Brothers will have to file for bankruptcy protection next Monday, and a financial crisis will ensue."

After hearing his explanation, the cowboy president on the other end of the phone fell silent.

After a moment, the cowboy president said:

"There are still two days left. You continue to work hard to find buyers and hope to avoid a financial crisis. I don't want my presidency to end with a financial crisis."

Paulson was stunned for a moment, then reluctantly continued:

"We will work hard to find a buyer, Mr. President, but I need greater purse strings to deal with this crisis."

"This requires application to Congress. I will inform the Congressional Finance Committee, but I am not sure whether it can be approved by Congress."

the Cowboy President responded.

After a few more discussions, they ended the call.

After hanging up the phone, Paulson looked at Geithner, then looked out the window at Wall Street which was gradually shrouded in darkness, his eyes full of confusion!

……

After finishing the call in the study, Yao Yuan went downstairs and walked into the living room.

Seeing him coming down, Aunt Qiong said with concern:

"Yao Yuan, I heard from Lulu that you went into the bedroom to rest around 5:30 in the morning, and it's only been about three hours since then."

"Why don't you eat something first, then go upstairs and get some sleep for a few hours. Keep your spirits up, and your health is the most important thing."

Yao Yuan shook his head slightly and said with a smile:

"Don't worry, Aunt Qiong. Although I haven't slept for a few hours, I'm in good spirits and in good health. I'm full of energy."

"I have a lot of things to do today, so I don't have time to catch up on some sleep. I have to go to TVB for an inspection at 10 o'clock. Mr. Shaw and his wife will also be there. All the executives and many employees of TVB and Shaw Brothers will attend the meeting. I can't miss it."

"It's almost time now. I'll eat something and change my clothes before heading to TVB headquarters. Several executives from the group will go with me for the inspection."

After hearing what he said, Aunt Qiong had no choice but to nod.

"Well, since you insist, that's the only way. You're too busy and don't even take a break."

"Wait a moment, I'll prepare breakfast for you, it will be ready soon"

After saying that, she walked towards the kitchen.

Yao Yuan walked to the sofa, sat down, poured himself a glass of water and drank it all in one gulp.

Then, he patted Mei Ting's sexy thighs and said with a smile:

"Sister Ting, after a few days, when your troubles are resolved, I wonder if you would be interested in working for TVB?"

"If you are interested, I can let you join TVB's film and television department to learn and become familiar with film and television investment affairs. This job will not interfere with your acting."

"It's just like Yuan Quan and Zeng Li. Once you are familiar with the film and television investment-related business, you can jump out of the actor circle and stand at a higher level."

"You can continue to stay at TVB, or join the group's entertainment investment company, or open your own studio. Your career opportunities will become broader."

Before he finished speaking, Mei Ting's face was already filled with surprise.

She nodded hurriedly and said with great joy:

"Of course I want to work in TVB's film and television department, and I want to learn about film and television investment-related business and become a film and television investor."

"You don't know how much I envy Yuan Quan and Zeng Damei. They are now well-known big-name investors in the industry."

"If I hadn't followed you and become your woman, now when I see them, I have to bow and scrape when I speak to them, and I have to look at their expressions."

"If I become a film and television investor, I won't be three inches shorter than them when I meet them in the future. I really want to experience the feeling of holding the power of life and death. It must be wonderful."

"Not to mention that it's TVB's film and television investment department. It's a golden sign in the Chinese entertainment industry. I really want to join it. I love you so much."

As she said that, she leaned over and gave Yao Yuan a sweet kiss.

Yao Yuan and Li Lu, who was sitting on the other side, laughed in unison.

"Okay, since you want to go, I'll make the arrangements. You'll be able to join TVB soon."

After chatting for a while, Aunt Qiong had prepared breakfast.

Yao Yuan got up and walked into the restaurant and started to enjoy breakfast alone.

Mei Ting and the others had already had breakfast, but they still came to the restaurant, sat at the dining table, and chatted with Yao Yuan.

After a while, Yao Yuan had finished breakfast.

Then he went upstairs to change into formal clothes, went downstairs to prepare to leave the villa, and took a car to the TVB headquarters.

When he came out of the main building, Li Shan and Sun Lei, general manager of the entertainment investment company, just arrived there.

The car they were riding in was parked on the street outside, and only Li Shan and Sun Lei walked through the gate.

After meeting and greeting each other, Li Shan immediately began to report the situation.

"Mr. Yao, several senior executives and employees of the entertainment investment company, as well as the security team led by Security Director Mr. Peng, have arrived at TVB headquarters."

"Peng just called and said they have taken over all security work inside and outside TVB and are conducting an investigation. No safety risks have been found so far."

"Security is also provided by two special teams from the Hong Kong Island Police Department's VIP Protection Unit. External security and traffic diversion are handled by the New Territories Police Department, and officers will be in place soon."

"Mr. Xie and his group from the mainland have just left the Liaison Office building. Deputy Director Zhang of the Liaison Office and several leaders from the Ministry of Social Affairs and the Ministry of Information and Publicity are also accompanying them."

"In addition, Secretary for Administration of Hong Kong Island, Mr. Tong, and the Secretary for Culture, Sports and Tourism will also attend today's inspection and meet with you. We have just received news that they have already set off."

"Other people who participated in the inspection, as well as many TVB stars and shareholders, will also go to TVB headquarters. Mr. Peng and his team will verify their identities one by one."

After listening to Li Shan's introduction, Yao Yuan nodded approvingly.

"Very good, everyone is doing a very serious job. Today's event is called an inspection, but it is actually a live show."

"We now own the two largest television stations in Hong Kong Island. Through this inspection, we can just pass on some information to the citizens of Hong Kong."

"Sister Shan, you and I will be traveling in the same car. We need to learn about other situations and make some arrangements on the way."

"I'll call Mr. Shao first. He lives in Mid-Levels. If he hasn't left yet, we can go with Mr. Shao and his wife."

After saying that, he took out his cell phone and walked aside to make a call.

In the blink of an eye, he turned back and said:

"Mr. Shao and his wife have already left. They are just past Tsim Sha Tsui. In that case, let's go too."

"Okay, Mr. Yao"

Li Shan and Sun Lei nodded in response.

Afterwards, Yao Yuan and Li Shan got into the Rolls-Royce Phantom parked nearby.

Sun Lei walked out of the door and got into his car.

The convoy started immediately and slowly drove out of the gate.

Then drive down the mountain along Barker Road and head straight to the TVB headquarters in Sai Kung, New Territories.

Not long after the convoy drove away, Yao Yuan took out his cell phone and sent a text message to Lin Muyang.

"How's the operation going? Are there any problems?"

In a blink of an eye, Lin Muyang sent a text message back.

"Everything went well. We have received 50 tons of cargo now. The next batch of cargo will arrive in half an hour."

The goods mentioned here are the gold shipped from all over the world. The reason why they are referred to as goods is of course to maintain confidentiality!

When he saw this text message, a smile immediately flashed across Yao Yuan's face.

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