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

Soon, it was already half past nine in the evening.

US stocks open.

As Yao Yuan expected, the U.S. stock market plummeted as soon as it opened, starting another round of plunge.

In less than five minutes, the Dow Jones Industrial Average fell by more than 3%, and the S&P financial index fell by as much as 5%.

Seeing this scene, Yao Yuan immediately issued a loud trading order.

"All investment advisors, listen up! Immediately notify all investment teams responsible for European and American stock market transactions to start closing their positions!"

"Close all short positions in European and American stock markets, including short positions in index futures, but don't sell them all at once, as the market may not be able to catch them."

“From now on, close 30% of your positions every five minutes until all short positions are closed, leaving no single position behind.”

"When the Dow Jones Industrial Average falls below 5%, we will go all-out and buy a large number of stocks according to the previously drawn-up stock list."

"But be aware of the risks. The leverage ratio should be controlled at three times, and the leverage ratio of stock index futures should be controlled at around five times. Start taking action!"

As soon as the words fell, many investment consultants in the conference room responded immediately.

"Got it, Boss"

Immediately afterwards, these investment advisors picked up the phones in front of them and quickly notified the investment teams they were responsible for, conveying the trading instructions!

While talking on the phone, each of them was secretly sighing with emotion.

He can make clouds and rain with just a flip of his hand. It’s so sharp!

Which financial market can withstand such a precise and crazy way of making money!

Not only the fifty investment consultants and a dozen beautiful secretaries, but also many investment team members who received the trading instructions expressed the same sentiment!

Immediately afterwards, many traders began to close their positions and sell their short orders in batches.

at the same time.

Across the ocean, New York.

Paulson went to the New York Fed building again and met with New York Fed President Geithner.

As soon as he entered Geithner's office, Paulson couldn't wait to say:

"Timothy, we must save AIG, which controls the insurance of two-thirds of the nation's workforce and the retirement accounts of millions of families."

"Insurance for countless companies is also in the hands of AIG Group, which also holds nearly $10 trillion in financial derivatives contracts."

"AIG Group must not go bankrupt. If AIG Group goes bankrupt, the entire financial market and Wall Street will be finished. It will be a catastrophe!"

Geithner frowned and looked at his old friend, saying helplessly:

"Henry, I also know the importance of AIG Group, and I also know that AIG Group must not go bankrupt."

"But I know better how big the hole of AIG Group is."

"They have to fill a $100 billion funding gap today. That's $100 billion, not $1,000!"

"Who knows how big their funding gap will be tomorrow, maybe another $100 billion."

"How do you want us to fill such a bottomless sinkhole?"

Paulson was silent, with a dark face and remained silent for a long time, his expression extremely ugly.

After a moment's silence, he said:

"Timothy, only the Federal Reserve can save AIG Group now. No other private institution has such ability."

"How about this? You first provide AIG with a $100 billion bridge loan to help AIG get through today's difficulties."

"As long as the Federal Reserve agrees to save AIG, you can make whatever conditions you want."

"I will be calling the President immediately to support your request and do everything possible to secure the interests of the Federal Reserve!"

Hearing this, a hint of joy flashed across Geithner's eyes.

He pretended to think about it, then nodded and said:

"Providing AIG with a $100 billion bridge loan is too much to be a decision I can make alone!"

"I must report this matter to the board of directors, and the board of directors will make the decision."

"I will also inform the board of directors of the conditions you set, and the board of directors will discuss whether to accept them and formulate specific conditions for cooperation!"

Without any hesitation, Paulson immediately nodded and said:

"Of course, Timothy, you can contact the Federal Reserve Board immediately and ask them to hold a meeting to make a decision!"

"Given that the bridge loan has to be settled today, I would like the Fed Board to make a decision in the morning."

“It will take a few hours to settle a $100 billion bridge loan, but we can issue an announcement in advance to stabilize the financial markets!”

Geithner smiled and nodded in response.

"I know you are very anxious, so I will call the board of directors now"

"That's great, I'll wait here."

Paulson responded.

Geithner then went to the adjacent lounge and called the Federal Reserve Board.

Paulson sat down on the sofa, anxiously waiting for the news, like a prisoner waiting for sentencing!

He suffered like this for a full half hour before Geithner came out of the lounge.

Just returned to the office, Geithner smiled and said:

"Henry, the Federal Reserve has decided to provide AIG with a $100 billion bridge loan to save the precarious financial market."

"But we have conditions. First of all, this bridge loan must be backed by the government and must be supported by the President."

"The second condition is that if AIG Group cannot repay the bridge loan, the loan will automatically be converted into capital injection from the Federal Reserve, and we want two-thirds of AIG Group's equity."

"Once the second condition is met, we will replace the CEO of AIG Group as soon as possible. Robert is a waste. AIG Group has come to this point today because of him."

"In addition to Robert, the loser, we will also clean up the AIG Group's management and rebuild the management system. If there are any of your people in the AIG Group's senior management, we can let them off!"

Hearing this, Paulson immediately understood.

The huge AIG Group is finished!

Starting today, AIG Group will be officially acquired by the Federal Reserve and become a subsidiary and cash cow of the Federal Reserve!

For the Federal Reserve, this is definitely a business that makes a lot of money with no investment, there is no reason not to do it!

After all, the dollar printing machine is in the hands of these bastards, so they can print as much money as they want!

A hundred billion dollars is nothing! Even a trillion dollars, or even ten trillion dollars, these bastards can print it in a matter of minutes!

Thinking of this, Paulson suddenly felt bitter!

However, he had no choice but to accept the Fed's conditions, otherwise AIG Group would be doomed!

No one can bear such a result, and the financial market will collapse immediately!

"Okay, Timothy, I accept your terms."

"I will call the President right now and brief him on the situation. He will support this plan!"

Paulson forced a smile.

Then he took out his cell phone and started calling the person in the Oval Office, putting the call on speakerphone.

In a blink of an eye, the call was connected.

Paulson then said:

"Good morning, Mr. President. I am in the office of the President of the New York Federal Reserve. Timothy is with me."

"We just discussed the problems facing AIG Group. AIG Group must raise $100 billion today, otherwise it will face bankruptcy!"

"But AIG Group affects countless families and businesses across the United States and must not go bankrupt. Once AIG Group goes bankrupt, the entire financial market may collapse."

"The only one who can save AIG Group right now is the Federal Reserve, and the Federal Reserve Board has just made a decision."

"The Federal Reserve can save AIG Group by providing a bridge loan, but the Federal Reserve has put forward several conditions..."

Next, Paulson listed the Fed’s conditions one by one and briefly introduced the possible consequences of these conditions.

The guy on the other end of the line is a cowboy president, and if you don’t introduce him in detail, you won’t understand him at all!

During the introduction, Geithner also spoke up to help and expressed the opinion of the Federal Reserve Board.

After listening to their introduction, the Cowboy President fell silent.

After a long silence, he said:

"Henry, since you think this is the only way to save AIG Group, then just do it!"

"One more thing. I just saw a news report that the little bastard from Hong Kong Jiuye Investment Group publicly said that this is a global financial crisis. Is that right?"

Paulson was silent for a moment and nodded helplessly.

"That little bastard is right. This is indeed a global financial crisis with unprecedented destructive power. The landmark event is the bankruptcy of Lehman Brothers Bank."

“From what you’re saying, this is the worst financial crisis since the Great Depression?”

"Indeed, as far as the financial system is concerned, our country has never faced such a serious situation since the 30s, and it will get worse!"

“Will it get worse? Will the entire financial market collapse?”

The Cowboy President exclaimed, startled.

Next, Paulson and Geithner introduced the dire situation in the financial markets, as well as possible development trends and response strategies.

As they introduced themselves, the cowboy president on the other end of the phone kept exclaiming and realized the seriousness of the problem!

The call lasted about ten minutes before it ended.

After hanging up the phone, Paulson and Geithner immediately went to the conference room.

Then they called together their financial experts and began to discuss the details of saving the AIG Group.

Soon, it was already past eleven o'clock in the evening.

Bank of China Building, in the No. 1 conference room of Jiuye Investment Group.

At this time, the Dow Jones Industrial Average has fallen by more than 6% and is still falling.

European stock markets are nearing closing time, but the situation is not much better. The market is extremely tragic and rivers of blood are flowing!

Many investment teams under Jiuye Investment Group that are responsible for European and American stock markets have completed closing their positions and cleared out all the short positions they held.

Not only that, after the U.S. stock market fell by more than 5%, all investment teams turned from short to long and started to go long in big ways!

But European and American stock markets continue to fall, with no signs of rebound.

Seeing this situation, everyone couldn't help but feel a little suspicious and worried, wondering if Yao Yuan had made a wrong judgment this time!

Yao Yuan, however, was calm and composed. He drank tea and chatted with Zhou Chaoyang without any worry at all!

When the time came to 11:20 in the evening, an investment consultant suddenly shouted excitedly:

"Look everyone, the U.S. stock market has started to rebound!"

As he shouted, everyone quickly looked at the U.S. stock market and the U.S. stock index.

as predicted!

The U.S. stock market suddenly began to rebound and pulled up a straight line. The rebound momentum was very strong!

Soon after, stock markets in European countries, which were about to close, also began to rebound.

The next moment, there was a swish sound.

Everyone in the conference room turned to look at Yao Yuan with fanatical eyes, as if they were looking at a god!