Reborn with wealth that rivals the country
Chapter 2265 You are betraying your country!
at the same time.
Bales and others at the press conference.
After the Federal Reserve and Morgan Chase jointly announced the aid plan, the press conference was almost over.
Rom also received a message from Solomon, saying that the good news had been fed back to the financial market, allowing him to rest at ease after get off work.
Rom took a sip of coffee easily and said with a smile: "The last part is for reporters to ask questions. Due to limited time, we only asked three reporters to ask questions."
After completing the last step, they can go home.
However, at this time.
Da da da……
Suddenly there was a burst of noisy footsteps outside the hall.
Immediately afterwards, the door was kicked open with a bang!
Jims, Rom and others looked at Rexel and other Wall Street elites with blank expressions on their faces.
"Lexel, what are you doing here?" Jims frowned.
"Of course I'm here to collect a debt!"
Rexel smiled lightly and took out a document: "This is the debt contract owed by Bells and other companies to our company, which includes loans, bonds, dividends and many other items, totaling about 50 billion.
Since the Federal Reserve has provided assistance, please settle the matter on the spot. "
Other elites on Wall Street have also begun to demand debt:
"The money borrowed by Bells and other companies from our bank has been overdue for two months. Please repay the principal and interest immediately, otherwise we will go through legal procedures for foreclosure!"
"The principal- and interest-guaranteed CDO products purchased by our family from Bells and others are worth a total of 100 billion. I require Bells and others to cash them in immediately!"
"The 30 billion interest generated by our fund's investment in Bells has been overdue for a long time. The investors asked me to represent them to collect the debt!"
"..."
boom! ! !
The words of these people were like thunder, which made the heads of Bales and other senior leaders, including the Overlord Fed and Morgan Chase, buzz!
Reporters from various countries at the scene were snapping pictures like crazy as if they had eaten a big melon.
Jims hurriedly yelled at the staff: "Take the part just now and stop broadcasting it!!!"
The staff member said helplessly: "Mr. Ken, we are live broadcasting."
Jims: "Then turn off the live broadcast immediately!!! idot (idiot)!!!"
Amid the chaos, viewers discovered that the live broadcast had been interrupted.
on site.
Jims said bitterly: "Gentlemen, I don't seem to have invited you here, right? Can you please leave first? We can talk about the debt in private."
Rexel said calmly: "No, if you miss this opportunity, you will never be able to repay our debt!"
"Now that the Federal Reserve and Morgan Chase have come up with an aid package, let's pay off our debts first."
Others immediately echoed indignantly:
"Yes! Pay off the debt!!!"
"Stop delaying!"
"You are rich now, with tens of billions of hegemonic currency, which is enough to pay off your debt! We all watched the live broadcast!"
"..."
At the same time, the staff of the Federal Reserve Bank whispered in Rom’s ear:
"President, the buying orders for Bales and others' stocks were quickly replaced by a large influx of selling orders. The stock prices that had risen due to the aid package quickly gave up their gains and began to fall rapidly."
"Also, someone has already spread the news that this group of Wall Street elites are coming to collect debts. Now the market knows that the bailout funds from Bells and other companies may not even be enough to repay the debts."
At this time, Roma's assistant hurried over:
"President, the Dow Jones Industrial Average has fallen by more than 650 points. The stock prices of 29 of the 30 constituent stocks have fallen. The stock prices of other financial institutions, including Morgan Chase, are all turning downward!"
Rohm's secretary came over tremblingly and reported: "President... the stock price of Bells and others has been cut in half again!"
Rohm's eyes widened in disbelief, unable to imagine that the stock prices of Bales and others would fall so fast.
He knows that the stock prices of Bales and others must be bearish in the long term. He expects that it will take at least three to five months for the stock price to halve, instead of the press conference lasting only 45 minutes!
Rom looked at the menacing Wall Street elites at the scene, and suddenly felt an ominous premonition in his heart.
This group of people...
Was it premeditated?
Rom gathered his thoughts and wanted to clarify the tone of his conversation, so he wrote down some key points on a piece of paper.
He didn't want to see anyone taking advantage of the situation and short-selling Bear Stearns' stock, adding insult to injury to the already struggling company, so he decided to make it clear to the major financial institutions: I hope you won't cause trouble.
After thinking about this, Rom stood up and spoke: "Rexel, and gentlemen, I hope you will deal with Bales and others in a responsible counterparty manner."
"You are all in different companies, and it is natural to protect the interests of your own company."
"But don't forget, you are still a Hegemon! Now Hegemony is in an extraordinary period. As a Hegemon citizen, I hope that institutions will not make unreasonable asset mortgage requirements or require additional cash and securities for loans. Provide guarantees and conduct transactions with Bear Stearns in good faith.”
This is as good as directly attacking them, saying that they are taking advantage of the situation, trying to force Bales and others to go bankrupt, and trying to destroy the financial harmony of the hegemonic country.
Rexel made it clear: "Don't kidnap us morally! It's true that we are citizens of a hegemonic country, but we are only demanding debts reasonably and legally."
"Also, Mr. President, don't you think the Federal Reserve should be more responsible for the current financial environment of the hegemony?"
Seeing that he couldn't win the argument with Rexel, Rom turned to look at the presidents of some Wall Street commercial banks and investment banks. After all, although the Federal Reserve is a private central bank, it is responsible for performing all the duties of the hegemony central bank.
One of the duties and rights is to supervise the banking system to ensure the sound operation of the bank, protect the interests of depositors, and maintain the stability of the financial system.
Therefore, Rom is the immediate superior of these Wall Street banks.
When he spoke to these bank presidents, he was naturally not so polite:
"What are you doing? I order you to go back immediately! You are not allowed to ask for debts from companies such as Bell at this juncture!!!"
Several bank presidents looked at each other.
But in the end, one of the presidents named Schwartz gritted his teeth and said, "Mr. President, if we don't get this debt today, the bank will be at risk of bankruptcy.
If the Fed is willing to provide a risk bottom for our bank's bankruptcy, then we will go back immediately!"
What this means is that if you are willing to help Bears and others to bear the debt, then of course we have nothing to say.
Rom said angrily, "What crazy are you talking about? Go back immediately, otherwise, I will fire you!"
Schwartz said coldly, "If the debt is not recovered, we will be fired, and we may be beaten and scolded or even assassinated by depositors.
If I get this money, at least I have fulfilled the responsibility of a president."
"You!"
Rom angrily rebuked, "Don't say it so high-soundingly. I know you all shorted Bears and others. Maybe you have joined the empty camp and shorted the abx index!!! Right?!"
Everyone was silent, everything was self-evident.
"You are taking advantage of the situation! You are robbing the future of the hegemony, and using the fate of the hegemony to profit for yourself!!!"
"Damn it!!! You are selling out your country, you all deserve to die, do you know that?!!!"
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