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

Chapter 634 Too Big to Fail

Chapter 634 Too Big to Fail

The incomplete short-selling report in Bernanke's hand points directly at Fannie Mae, the largest government-sponsored enterprise in the United States and the largest national mortgage company.

This report uses detailed public data and information to list the huge losses caused by Fannie Mae's subprime mortgage business.

The estimated loss figure given in the report made Bernanke feel frightened and sweat broke out on his back.

Although this loss figure is not as exaggerated as the losses caused by Lehman Brothers Bank, once this thunder explodes, its impact will definitely be many times higher than the negative impact of Lehman Brothers Bank's thunderstorm.

The reason is simple. Lehman Brothers is a private company, and it loses money from investors in the United States and around the world, as well as money from other countries and institutions.

If you lose this money, you will lose it, and there won't be much trouble.

If Lehman Brothers collapsed, wouldn't there still be top investment banks such as Goldman Sachs and Morgan Stanley? They would still be cutting leeks from the world!

But the situation with Fannie Mae is different.

What Fannie Mae loses is the small amount of wealth of the people at the bottom of the beautiful country, behind which are countless ordinary families in the beautiful country.

Losing money is a trivial matter, the important thing is the votes in the hands of these people at the bottom.

The votes in the hands of these people are large enough to change the future and destiny of many politicians in this country.

It is no exaggeration to say that Fannie Mae is the kind of public company that is too big to fail.

Once this company goes bankrupt, it will definitely cause huge chaos across the beautiful country.

The same thing applies to Freddie Mac.

In fact, during the 08 financial crisis in the previous life, both Freddie Mac and Fannie Mae fell into a huge crisis and were about to go bankrupt.

As a result, the US government and the Federal Reserve jointly took over the two companies, allowing them to avoid bankruptcy.

In this life, if the current situation continues, these two companies will eventually be taken over by the American government, and they will never be allowed to go bankrupt.

But Fannie Mae's crisis must not break out now.

Looking at this incomplete Fannie Mae short-selling report, Bernanke couldn't help but feel his scalp tingling.

He knew full well that Freddie's situation wasn't much better.

More importantly, Freddie is 100% targeted by that crazy little bastard from Hong Kong Island.

If that little bastard had just thrown out the Fannie and Freddie short-selling report, a global financial crisis would have broken out immediately and swept the world rapidly.

This kind of thing must not happen. The American government and Wall Street are not ready for a financial crisis.

Thinking of this, Bernanke suddenly shook his fist and slammed it on the desk.

"boom"

With a loud noise, things on the desk swayed one after another, and some things fell one after another and hit the floor.

The secretary standing in front of the desk was so frightened that he quickly took two steps back, fearing that Chi Yu would be harmed.

The next moment, Bernanke gritted his teeth and said:

"Call Richard, the president of Lehman Brothers, immediately and ask him to come see me. The trouble they caused needs to be solved by themselves. Some idiots really deserve to die!"

"One more thing, not a word about this short-selling report is allowed to be leaked out. Whoever dares to leak the information will be clean and go to jail."

The secretary couldn't help but shiver, nodded quickly and said:

"Okay, sir, I'll call Richard right away and ask him to come to the headquarters building."

"You can rest assured that no one in the headquarters has seen this short selling report except you and me."

"I will immediately warn the person in charge of the Hong Kong Island office and ask him to keep it strictly confidential."

After saying that, the secretary quickly turned around and left the office, walking very fast.

He was afraid that if he stayed for a while longer and heard some secrets that he shouldn't hear, it would be even more dangerous!

After the door closed, Bernanke tried to calm down, then picked up the landline phone on the table and started making calls.

The first call was to the Minister of Finance of the beautiful country, and the call was answered in the blink of an eye.

After saying hello, Bernanke immediately got down to business.

"Paulson, I just received an incomplete short-selling report from the little bastard from Hong Kong Island Nineye Investment Group, and the target is directly at Fannie Mae."

"The problems reflected in this incomplete short-selling report are very serious. We must find ways to prevent the publication of this short-selling report, otherwise we will be in big trouble."

"From what I understand, the problems that exist with Fannie Mae exist with Freddie Mac, and are even more serious. Fannie and Freddie must not have a thunderstorm at this moment, otherwise it will be a financial crisis."

Not surprisingly, Paulson on the other end of the phone was shocked.

"Ah! That damn little bastard actually has such a nuclear bomb-level trump card. Isn't it too exaggerated?"

"If he dares to publish this short-selling report, isn't he afraid of being targeted by us? Aren't he afraid of having his personal assets frozen?"

Bernanke paused, then shook his head helplessly.

"That little bastard is a lunatic. There is probably nothing he wouldn't dare to do, and he is extremely cunning. He plans everything before he does it."

"He has already completed asset isolation, built many firewalls, and dispersed assets across mainland China and Hong Kong Island."

"Even if we target him, we can only freeze less than a quarter of his US dollar assets at most, which will not damage his fundamentals."

"If he launches a counterattack, given the current crisis-ridden financial market environment, it will definitely cause us greater losses and cause huge damage to our plans."

"what!"

Paulson exclaimed and was stunned.

Next, Bernanke began to introduce the contents of the incomplete short-selling report in his hand.

Following his introduction, Paulson, who was far away in Washington, also felt his scalp tingling.

In the blink of an eye, it was already around two o'clock in the afternoon.

After lunch, Yao Yuan did not go back to the office, but went to the equity management company downstairs to prepare for an inspection.

Although the equity management company has just been established, it manages equity assets of more than 180 billion Hong Kong dollars.

And this is just the beginning. More equity will be continuously injected in the future and handed over to this company for management.

The ownership of this equity management company belongs entirely to Yao Yuan personally.

And this is his clever move to isolate risks.

Using this equity management company, he completely isolated the risks brought by several of his investment companies, and no longer had to worry about being stolen by European and American governments and central banks.

After entering the equity management company, Yao Yuan walked around and checked the company's operations, just like a young lion king patrolling his territory. .

During this process, Mr. Wang from the equity management company was always beside him, introducing the situation to him.

While walking, Yao Yuan's cell phone suddenly rang.

He casually took out his phone and glanced at the text message he had just received.

The text message was sent by Uncle Qiu. The content was concise and clear, with only one line.

"Call me to discuss something."

Yao Yuan couldn't help but pause when he saw this text message.

The next moment, he immediately said to Mr. Wang next to him:

"Let's go here today, Mr. Wang. I have to go back to the office upstairs. There are important things that need to be dealt with."

"It's a holiday tomorrow, don't forget to send Christmas gifts to everyone. Let's go home and have a good rest."

After the words fell, Mr. Wang nodded quickly and responded:

"Okay, Mr. Yao, you can be busy first, and just leave the matters here to me."

Next, Yao Yuanchang waved goodbye to many company employees around him.

Then he took Gao Huan, Li Shan and the others out of the equity management company and went upstairs.

Five or six minutes later, Yao Yuan walked into his office.

As soon as he entered the door, he asked Gao Huan to bring over the military satellite phone and prepare to call Uncle Qiu.

Gao Huan immediately took out the military satellite phone and handed it to him, turned around and left the office, guarding the door.

After the office door closed, Yao Yuan started to make a call.

The phone rang three or four times and was successfully connected.

As before, Yao Yuan took the initiative to identify himself and said a few greetings.

The next moment, Uncle Qiu said with a smile:

"Yao Yuan, you fought this battle so well, and your strategy was very effective. It has already hurt the American government, the Federal Reserve, and some guys on Wall Street."

"Half an hour ago, the Finance Minister of the United States personally called Minister Xie, hoping that the government would put pressure on you and not continue to publish short-selling reports and undermine the order of the international financial market."

"Not only that, they hope to sit down and negotiate with you as soon as possible to discuss and resolve the issues between the two parties. The specific negotiation time can be set on the 26th, and the negotiation location will be Hong Kong Island."

Hearing this, a smile immediately flashed in Yao Yuan's eyes.