America's Road to Wealth

Chapter 311

Paul Henry O'Neill, the treasurer who has been in battle for less than a year.

If he had wanted to summon so many American financial giants at once ten days ago.

Being able to come to one tenth, that is already Paul Henry O'Neill's own charm.

But now, after that big event happened.

Americans are united like never before.

The white house where the shrubs lived also gained far more influence than the previous leaders.

Beneath the phenomenon that came to be known as "Super-American National Cohesion."

Little Laura's great uncle, who has gained power far beyond his abilities.

Throughout the past hundred years.

Only Fossloh has such power.

From this point of view, it is no wonder that many conspiracy theorists in later generations say that he led it.
Because from the perspective of vested interests, it is true that he has benefited the most from all over the United States.

From a transitional commander who may be like his father, he is in power all of a sudden, and you say the same thing for a while.

More powerful than its predecessors.

From this point of view, it seems normal to doubt him.

Now that the incident has just happened not long ago, his power has not yet been fully condensed.

But a large part has been mastered.

At this time, who has received a big invitation from Paul Henry O'Neill representing the small bush.

Anyone who doesn't come can be regarded as an XX thief in a sense.

In the current special atmosphere and circumstances.

No one wants to be a XX thief.

This is also the reason why so many people come today.

But in the end, it is impossible for these people to use money to save the market.

It's impossible even to call them XX thieves...

Not to mention a hundred guts for Paul Henry O'Neill, and fifty guts for a bush in the White House.

I dare not call so many financial giants XX thieves.

At most, it's just to create some pressure on them.

Whether it's Paul Henry O'Neill or the little bushes at the White House.

In the situation where these people are obedient and obedient, there is actually no good way.

Calling these people together, the White House doesn't really expect them to save the city.

Do this just to give them a warning.

Even if these people don't save the market, don't think about making trouble.

That's how much the Dow, Nasdaq and S&P have fallen.

If there are still people who dare to stand up and short, then something will really happen.

In the parallel time and space, many people were indeed held accountable later.

Many people were fined, and some even went to jail.

Strictly speaking, at least one-third of the people present would have been arrested.

Because these one-third of the people have done short-selling operations after the market opened.

But the Bai house didn't dare to catch so many at once.

In the end, such a party was created, and Paul Henry O'Neill, the finance minister, cryptically warned these giants.

The reason why Paul Henry O'Neill singled out Abel among so many people.

Firstly, Abel is the youngest, no matter where he is, being young always makes people look down upon him.

Secondly, this guy really had a deep conflict with the little bush.

In Paul Henry O'Neill's autobiography about himself in the white house published after 2004, Paul slandered and damaged George in various ways.

Paul Henry O'Neill who hates black and white and doesn't like bushes.

Some people would have some opinions on Abel, so he called Abel by name.

Your Excellency the Finance Minister did not expect that Abel would answer like this.

The key lies in his answer like this.

Berkshire Hathaway has a lot of cash.

There is also the PNC Financial Services Group, which has a huge influence on the East Coast.

Both giants stood up and spoke out with Abel.

In this case, Paul Henry O'Neill has nothing to say.

"Gold is precious, but patriotism is more expensive - the words of the Great Commander Abraham."

Paul Henry O'Neill looked at Abel and Buffett, and the Treasury Secretary had to force a smile:

"Very good. Very good. The United States is proud of you! Thank you three for your decision!"

Paul Henry O'Neill said something dry.

Abel smiled at him, and then showed the same smile to the other giant crocodiles present.

Then Abel sat down.The other two giant crocodiles who were advancing and retreating with him did not hesitate and sat down.

At this time Paulson, CEO of Goldman Sachs Group, suddenly shouted loudly: "Applause for the patriots!"

Paulson led the applause.

Richard Fuld, David Komanski and Philip Purcell, people who knew Abel well.

Slowly, they also applauded, and even Paul Henry O'Neill began to applaud behind him.

Gradually, in the entire conference hall, hundreds of financial giants from all over the United States began to applaud.

The applause lasted for more than a minute.

After Abel's beginning.

No matter sincerely, or say one thing and do another.

One after another, people came forward and said that they would support the market to a certain extent.Said that the U.S. stock market will never sink like this.

But in fact, I heard that most of them are not nutritious.

The meeting was not long.

It took less than an hour from the entrance to the end.

The meeting ended quickly.

Abel, Buffett and others quickly withdrew without giving others a chance to get in touch.

The three quickly returned to the convoy.

They were just in a stretch Lincoln, when there were only three people left on the scene.

Abel opened his mouth and said:

"My target is GE. It's the worst stock this time, and I want NBC Universal Television."

General Electric, as the leader of the U.S. stock market, had a market capitalization of over $6000 billion at its peak last year.

It's a pity that I only stayed for less than two days, and then fell back.

By the end of last year, its market value was only more than 4000 billion US dollars.

As a leading stock, it is almost a symbolic stock of American technology and industry.

In this stock market crash, General Electric was the hardest hit.

At the lowest market value, it even fell to 3300 billion US dollars.

Although it is still No. 2 at present, it is still more than 200 billion dollars away from No.[-] Wal-Mart.

"Berkshire Hathaway will also sell. But we only choose stocks with investment value." Buffett said softly.

Sullivanston hesitated for a moment. In fact, the CEO of PNC Financial Services Group this time was purely following suit.

Not long after this big event happened.

The U.S. stock market looks set to continue falling.

No matter how you look at it, it is not a good time to enter at this time.

But both Abel and Buffett insisted on entering the market at this time.

PNC Financial Services Group, a solid ally of the two, also hesitated to try to enter the market.

Sullivanston gritted his teeth and said simply:

"PNC will follow Smith Capital and make some investments, but it will not exceed half of Smith Capital's share."

It won't be more than half, that is, it will only be lower.

Probably not even a tenth.

It's like everyone here can say loudly, "My annual income is less than [-] million!"

Buffett ignored Sullivanston, who he thought had poor vision.

The old man stared at Abel: "Are you really planning to exchange all your 6000 billion NOK for US dollars?"

"Of course." Abel smiled: "More than 720 billion, turned into more than 860 billion. I made a net profit of 160 billion dollars."

"Shouldn't it be 140 billion?" Sullivanston was curious.

Abel explained: "The previous futures contracts were closed, and after deducting the cost of funds, there was almost a profit of about US$20 billion. The total is about US$160 billion."

Sullivanston said happily: "That's two months, and the total profit is about 160 billion U.S. dollars?"

"That's right." Abel smiled, "However, for this part of the funds, the company's own funds are only a quarter, and the rest will be deducted from commissions and returned to investors."

Having said that, Abel paused, and he looked at the two financial giants:
"Although there are still three months to complete this year. But I want to tell two shareholders good news, that is."

"The net profit of Smith Capital this year has exceeded 200 billion US dollars. In other words, I have completed our first year's bet."

Sullivanston smiled happily, "I knew it, it will definitely not trouble you."

Even Buffett had a smile on his face.

But this is not the point, the three continued to discuss the next "rescue" action.

In the end, there was no discussion about why.

Mainly in this respect, Buffett's investment philosophy is different from Abel's.

Buffett likes to focus on investing in value investing. He only picks a few that he thinks have investment value, and then directly repositions them.

Abel wanted to spread his holdings, buying hundreds of companies' stocks at a time.

Buffett felt a little unreliable when he heard it.

Sullivanston decided to act with Abel again, but he would not spend any money.

In the end, it became Abel and Buffett who decided to act separately, staring at themselves as optimistic about the company's bargain hunting.

That night.

Smith Capital, Berkshire Hathaway, PNC Financial Services Group.

The three companies jointly announced that they will invest a total of 1300 billion US dollars in the US stock market.

Buffett and Sullivanston also accepted interviews with The Washington Post and The American Sun respectively.

The details of the interviews between the two were different.

But there is one thing in common, that is, both giants said they would be optimistic about the US stock market.

And to put it bluntly, this is also Abel Smith's insistence.

He also said that it was in the $1300 billion rescue fund.

Abel & Smith Capital put up $900 billion alone.

The next day, before the stock market opened, the two newspapers were sold out in many places, and sales soared.

After 09:30, the New York Stock Exchange opens.

The situation of plummeting at the opening of the market that occurred for several consecutive days before finally did not appear today.

The market remained sideways throughout the morning, and the stock market problems that had plagued the White House for several days seemed to be recovering.

Then over the next few days, Americans saw what Abe Smith said and did.

On September 9, Smith Capital held a 22% stake in Microsoft Corporation with 6.6 million shares.

This made Microsoft, whose highest stock price fell from $4.05 a share to $0.92 a share in a few days after the big event, finally breathe a sigh of relief, and the stock price began to stabilize and increase upwards.

On the same day, September 9, Smith Capital held a 22% stake in Apple at the same time.Because about 15.9% of the shares were obtained in the primary market, it was officially raised after buying 10% of the shares in the secondary market.

This is because according to the regulations of the U.S. stock market, when buying a single stock in the secondary market with more than 5% shares, it is necessary to raise a placard to announce, and in each subsequent increase or decrease in holdings, a corresponding announcement must be made until it is below 5%. .

On the same day, Smith Capital also listed more than 5 technology, IT, and Internet companies such as Cisco, Qualcomm, and Motorola, holding shares ranging from 12% to [-]%.

It was announced that the total cost would be around US$90 billion, leaving 90% of the bailout funds.

This makes many American leeks very dissatisfied.

The reason is that they feel that Abel Smith's behavior of only investing in the stocks of one type of company is not saving the market at all, but buying bottoms!

But for these companies, it's saving their market capitalization.

At least after Abel invested, their plummeting market value was finally preserved.

9 month 23 day.

Smith Capital raised its cards again and again.

This time I changed the field.

During the five hours of the day, Smith Capital raised its cards for General Electric, Ford Motor, General Motors, Deere, Cummins, Caterpillar and other companies, each with about 5% share.

And it announced that it would cost US$435 billion, of which US$5 billion was spent on 172% of General Electric's shares, leaving only 41.7% of the rescue funds.

These companies have one thing in common, they are all manufacturing companies that produce machinery, automobiles, and corresponding accessories.

The entry of Smith Capital greatly encouraged the stocks in the corresponding sector, and the stock prices were held.

9 month 24 day.

Smith Capital once again raised a number of companies, namely Halliburton, Chaoshui, Schlumberger, Dejupu, ACDC and other oil and gas equipment/service companies, all of which are also 5%, costing about 80 billion US dollars.

The remaining 32.8% of the bailout funds.

February 9.
February 9.
On September 9, Smith Capital announced its 26% stake in General Mills.

It was announced that the US$900 billion rescue funds were exhausted. At this time, the company held a total of more than 236% of the shares of more than 5 companies.

And this week, under the supervision of the White House.

Led by giants such as Smith Capital, Berkshire Hathaway, and PNC Financial Services Group.

There is also the reason for George Bush's tough attitude of tit for tat and blood for blood in his televised speeches.

There is also the rare unity attitude of the two parties, which made everyone realize that this time the United States is coming for real.

The wave of selling of American leeks has finally been suppressed.

U.S. stocks fell for a week, and finally began to officially recover.

After entering the end of September, the US stock market slowly recovered.

The White House was naturally relieved.

So it was decided on the first day of October.

In the white house, the financial tycoons who contributed this time were invited to a banquet.

As Abel Smith, who charged forward every day and was on the headlines of various newspapers and magazines in the United States for several days in a row.

Naturally he was invited.

2001 years.

October [-]st.

noon.

Abel's Boeing 747 landed slowly at Washington National Airport.

When Abel appeared at the plane door, he saw a group of people greet him under the boarding ladder.

This is directly inside the airport, on the runway to meet him.

His excellent vision allowed him to spot Neil Bush and his beautiful and lovely daughter, Laura Bush, among the crowd.

Behind the father and daughter, Abel saw a brand new Cadillac with the Stars and Stripes flying.

Stars and Stripes + Cadillac + US Secret Service.

Only one person in the United States has this treatment.

Abel took a deep breath. He walked down the flight ladder with a smile. After his feet landed on land, he smiled and opened his arms towards his father-in-law.

Neil also smiled and opened his hands, and the two embraced.

Neil Bush whispered in his ear, "Great job. George's been talking about you all day, saying you've been a big, big help to him this time."

"I'm just investing. Just investing." Abel responded with a smile.

"Hahaha~ You are right." Neil let go of him with a smile.

Abel skipped his future father-in-law, and looked at little Laura, whom he hadn't seen for more than a month.

The girl has one month left before she turns seventeen.

The 16-year-old little Laura has already shown her beauty to Abel.

He hugged her gently and kissed her.

Little Laura was taken aback. After all, there were many people around, including her father.

Lovely people are already like this, she can only blushed, smiled and sent a sweet kiss.

After the kiss, get in the car.

The driver was Abel's old acquaintance Marcus, and Neil sat in the passenger seat.

There were only two seats in the back, one for Abel and one for little Laura.

The younger brother of the owner of the white house, through the rearview mirror, saw Abel looking curiously at the inside of the car.

Neil Bush laughed and whispered, "The latest Army One. The prototype changed from Cadillac Fleetwood to Cadillac DeVille."

"I also have a modified DeVille." Abe asked. "Looks like it's longer?"

Neil shrugged and said with a smile: "I don't know the specific data. If you are curious, there is a professional here. Marcus, tell Mr. Smith that the car you drive is extraordinary."

Marcus smiled and said, "I'd love to."

Abel thought it would take a little over half an hour to drive from here to the white house.

Although there is a beautiful woman in her arms, her father is also there.

And I don't know if the Lu Jun No. [-] can raise the partition.

Well, Neil is here.

Even if the partition can be raised, it is not easy to do so when the father is around.

Since you can't hang out with beauties, let's just talk about topics that men like more.

chat car.

It was mainly introduced by Marcus, the team leader of the Secret Service, and Abel and Neil were responsible for listening and questioning.

"Gentlemen. This is no ordinary Cadillac DeVille. This is the extended version specially produced by General Motors for Mr. Datong. It is 73 centimeters longer than the normal version, and the roof is also increased by 7.6 centimeters."

"The whole car uses a special bulletproof glass with a thickness of 12cm. In terms of power, the car is equipped with an 8.0L V12 engine with a top speed of 180Km/h, which greatly improves safety and comfort."

8-liter displacement twelve-cylinder engine, the result is only 180 speed
Abel estimated that this car weighed at least ten or twenty tons!

"As a custom-made special car, a lot of technology is naturally used. For example, the airtight interior space of the vehicle has chemical protection functions, and its own independent air circulation system can prevent biological and chemical weapons attacks."

Marcus introduced the two while driving.

The two asked occasionally.

Although little Laura felt a little bored by the side, she smiled and did not disturb.

Just kill time like this, escorted by a Secret Service work vehicle.

The vehicle quickly came to the center of Washington, D.C.—a white house that had been burned black and was stained white in the back.

"Here we are," Neil Bush said with a smile. "How does it feel to be on Army One?"

"It seems to be very good." Abel said with a smile: "And I think it would be a waste of talent if Marcus doesn't become a car salesman. He said that I want to buy one!"

Marcus, who had already parked his car, scratched his head. He didn't want to be a car dealer.

He also thought about working in Rock Security after he retired from the Secret Service.
Marcus was very greedy for the treatment and salary.

Neil saw Abel smiling like that, and his daughter next to him was engrossed in Abel's expression.

Neil Shush sighed inwardly, then whispered:

"Maybe I can ask you a question. Of course, it is absolutely impossible to hang the Stars and Stripes for you. Today is the only time this kind of treatment is given."

Abel's eyes lit up when he heard the words, and he smiled and said, "Of course. Thank you, Neil."

Neil Bush whispered angrily, "If it's really available. I need your promise that no one else will be allowed to ride in this car except you and Laura."

"Forehead"

Abel looked at his girlfriend, who gave her a sweet smile.

"alright."

Abel shrugged.

(End of this chapter)