Age of Dreams

The United States, New York, in one of the most upscale clubs.

The sun was shining and there were laughter and laughter. The ladies and celebrities laughed melodiously. Fannie’s CEO Kester and Freddie’s Tommy were sitting in a small room drinking coffee with a sullen face.

"Tommy, what do you want to do? The Chinese are also deceiving too much!" After the third cup of coffee was drunk, the anger on Kester's face finally broke out, "This is already five. Within months, their 58th proposal was made. This time it was even more exaggerated, saying that it was basically an ultimatum! Bah!"

Tommy looked at Kester who was angry, but didn't speak.

He knew very clearly, how could an old and cunning thing like Kester be so easy to get angry?

This is Kester deliberately agitating himself to let himself go out.

But then again, the Chinese people really have a very tough attitude this time, and they have been persevering, making themselves feel very difficult.

It is naturally a big deal to allow the presidents of the two giants of the US home loan and mortgage companies to have a meeting and discuss here.

The reason is that the State Investment Corporation of China has been applying for "time-delivered bonds" since August. Second, the amount of the application is all their 376 billion US dollars of Fannie Mae and Freddie Mac bonds. .

The various bonds issued by Fannie Mae and Freddie Mac amount to more than US$5.3 trillion, accounting for 14% of the total US bond market, but this does not mean that they have so much money in their hands.

In fact, most of this money has flowed into the major financial institutions and government treasury departments in the United States, and they are just a middleman.

But even if they have the money, they are unwilling to give the US$376 billion in bonds of China International Investment Corporation.

No matter whether the financial giant or the government department is allowed to transfer so much money at once, it is definitely not allowed.

What's more, the current US bond market is like a tight line. Once it is known that China State Investment Corporation will deliver bonds within a limited time, it will easily cause an avalanche-a bond market of tens of trillions of dollars. Once it collapsed, no one dared to imagine what it would be like.

Many times in the beginning, for strong reasons, Fannie and Freddie did not agree, or even refused.

However, with the direct outbreak of the subprime mortgage crisis, and its intensification, the attitude of the Chinese people has become more and more tough. This time it even directly stated that if Fannie Mae and Freddie Mac do not give satisfactory answers within half a month, then SDIC will sell Fannie Mae and Freddie Mac at no cost. Of bonds.

In this way, Kester and Tommy have no choice but to delay pretending to be deaf and dumb.

Now they are together. It is to discuss whether the Chinese people are so cruel, what is the bottom line of the Chinese people, and how the two companies should deal with this matter.

The Americans are very arrogant, but they are definitely not fools, let alone lunatics, and they refuse to play with lunatics.

In fact, Tommy's heart is not the most anxious, but Koster is the most anxious. Because the scale of Fannie Mae is several times that of Freddie Mac. Among the 376 billion US dollars in bonds of China State Investment Corporation, more than 300 billion are Fannie Mae's, and Freddie Mac is only a few tens of billions.

Of course, the real Chinese people went crazy and sold them in the bond market, and the end of 300 billion and tens of billions was the same miserable.

But at any rate there is always a comparison?

Fannie Mae is always a little more anxious than Freddie Mac.

"Hey, Tommy. Why don't you talk?" Kester looked at the old friend frizzily. "I'm unlucky, how can you get better?"

"I think, the Chinese are just in a hurry this time, so they deliberately speak like this. Who doesn't know that they speak very well, but in fact they still dare not do anything?" Tommy said slowly. "The 57 proposals were rejected. It only proves that they were scared by the subprime mortgage crisis. We can send another public relations team and ask them to explain to the China State Investment Corporation. Company. But a state-sponsored enterprise!"

There is no such thing as a state-owned enterprise in the United States, but they will subsidize many companies in the people’s livelihood industry, such as the post office, railways, agriculture, etc. This is related to the people’s housing problem, Fannie Mae and Freddie Mac, and naturally they are also the target of subsidies. , The U.S. government uses them to provide loans to people who need money to buy houses.

Therefore, these companies are the most trusted by people, as are foreign companies.

In the past, the State Investment Corporation of China bought Fannie Mae’s bonds after being persuaded by Fannie Mae’s public relations team.

In fact, no one knew at the time that Fannie Mae and Freddie Mac would have an accident, and the bonds they represented were the most secure, with low yields, but they were more cost-effective than holding the U.S. dollar.

In the end, Fannie Mae and Freddie Mae went bankrupt, pitting foreign investors for more than US$50 billion in one breath, making everyone cry when they thought about it!

Kester’s eyes gleamed, "Great! You have a great idea! Why don't you lead the team this time? I will go to Capitol Hill and let those politicians help us brag! We are one person in charge of the other. On the one hand, it can definitely be done!"

Tommy couldn't help being speechless to Kester.

Dare to say it for a long time, you are here waiting for me, right?

But he could not raise any objections. After all, Fannie Mae is bigger and has a better relationship with Capitol Hill, and a trip to China is indispensable for the help of politicians.

Kester thinks more deeply than him. If you come to China, you will not be able to eat the Chinese without a person with enough weight; secondly, if things are really impossible, they will be held accountable first. It will only be this Tommy who went to China, not himself.

The two have their own minds, and they both wondered not to speak.

But this is also a kind of confrontation.

At this moment, just listening to the "jingle bell" passing by, the two cell phones rang almost simultaneously.

"Hey!"

The two looked at each other and both picked up their phones.

Then at the same time, Kester's and Tommy's faces changed drastically, becoming extremely blue.

This is what the subordinates said on the phone.

"President, it's not good! Five minutes ago, China International Investment Corporation sold our 30 (10) billion bonds in the market in one go. It suddenly made the market nervous, and the face value of the bonds dropped by 24 cents!"

Ok!

This time it scared them.

There has never been a company that dared to sell the bonds of Fannie Mae and Freddie Mac. The U.S. bond market was already very tight. One can imagine what kind of chain reaction this will cause!

After the two hung up the phone, they walked aside immediately and quickly called.

The bond market is not owned by Fannie Mae and Freddie Mac. Although their combined share is the largest among all groups, the rest of the financial giants, as well as the US government, still occupy a lot of shares.

The bond market is now a fragile egg standing on the top of the mountain. A slight wind can blow the entire market over. If it is done, everyone will die together. Therefore, it is impossible for those financial giants to take care of themselves.

After a long while, the two men were panting and sitting together again, drinking the already chilled coffee, moisturizing the dry throat.

"FK!" Kester pulled off his tie, his eyes flushed, this time he was scared and angry, "Is this going to die together? They are too ruthless!"

"They dare to die together, but we dare not!" Tommy smiled bitterly, "I can't think that the Chinese are so fierce. They invested 40 billion U.S. dollars in one breath. It seems that this is a warning for us! If we don't According to their requirements, I am afraid that there will be more than that next time!"

"What do we do? Give in?" Kester swallowed, sweating on his forehead. "But where do we have so much money?"

Fannie Mae and Freddie Mac are rich, but they are not so rich. With more than 300 billion U.S. dollars, which company has such a large flow of funds except for the overtime printing of money by the Fed?

Tommy's face was stern, "I want to find a way, but there is... Except for the cash in our hands, the bonds we gave to Bear Stearns and prepared a few days ago can not be credited to the account in two days?"

"You want to embezzle this money?" Kester was startled by the old man's boldness.

American financial institutions have prepared nearly 300 billion working capital to issue bonds for Bear Stearns and investment companies in extreme crisis, and this money is naturally given through Fannie Mae and Freddie Mac.

If the two companies misappropriated the 300 billion, it would undoubtedly be a direct push to Bear Stearns and Wang Juelu!

"No, do you have a way?" Tommy sneered, "It's better to die Bear Stearns than us all? Those financial institutions also know the priorities, let's explain to them, this money It must be taken out!"

The thoughts in Kester's heart were like electricity ~www.readwn.com~ sweating from his forehead.

After a while, he sighed: "Well, old man, let's just do it! Unexpectedly! Huaguo Company has such a ruthless time, is it because an expert is giving them a trick?"

"Yeah! The silly look of their company executives is different on weekdays!" Tommy also felt a little strange, "In fact, since they have been applying for a time limit for delivery, I feel something is wrong! Inside and out! It's strange outside."

"Scared, you say... They didn't know that we had this money right away, so they deliberately picked to sell the bonds at this time?" Kester suddenly thought of a possibility and involuntarily said it.

Tommy's face suddenly turned pale: "No... won't it be so evil? Who can be so powerful!?"

The words are said to be like this, but the two of you look at me and I look at you, with unspeakable panic and worry in their eyes. (To be continued. If you like this work, you are welcome to come to the starting point () to vote recommended votes, monthly tickets, your support is my biggest motivation. Mobile users please go to read.)