American Fortune Life

The slender Maybach travels on the streets of Manhattan. The steady stream of traffic and rushing crowds constitute the busiest area of ​​New York City.

Andy has been thinking about another problem. As a celestial soul, he is very interested in these families of the Emperor. After all, he also belongs to the top circle of the Emperor.

It's like the upcoming subprime crisis. Why do investors dressed as ordinary people lose money? Because they are "ordinary people"!

Why do the Morgan family, the Bush family, the Kennedy family, the Smith family, and so on stand up?

Because the predecessors of their family sold weapons to the warring parties during the Civil War, traded with the Axis during World War II, and profited from all kinds of defense of the United States! As a result, they gained a strong accumulation of capital and social network, and finally became the **** family!

Andy finds that, as ordinary investors, their weak position in the capital market is simply unparalleled. Most of the so-called gains of wealth are dreamy or "temporarily available and need to fly away"!

Money is like a trickle. From the bottom of each person's salary income, through the complex framework of the financial theory structure, layer by layer, step by step, and finally the money flows into the "pocket"-their pocket!

On Wall Street, Maybach stopped slowly by the side of the road, and Alvetrie's car had been waiting in front of Moody's headquarters for a while.

Seeing Andy stepping out of the car, both SUVs opened the doors, and the six men in suits and shoes quickly walked to Andy.

Andy nodded to the crowd, and took the lead to move towards the building. The appearance of the group of people attracted the attention of some people. Some people recognized Andy, and he couldn't help but slightly hesitated.

As soon as Andy stepped into the building, someone came to greet him and politely guided everyone to the exclusive elevator.

In 1975, the US Securities and Exchange Commission recognized Moody's, Standard & Poor's, and Fitch as nationally recognized rating organizations. Since then, the three companies have monopolized the international rating industry.

The oligopoly effect means a strong right to speak in the capital market, and they may want some small companies to put pressure on ratings to obtain excess profits. Just as long as there are enough banknotes, it is ridiculous to issue a healthy medical certificate to a dying patient, and the wrong report pushes a well-run company to the brink of destruction and even infinitely magnifies a country's potential crisis.

They play very well, and they do n’t do this once or twice. As long as they have enough benefits, they can even sell their souls. Well, this sentence is all bad, but it best reflects theirs. Nature.

Moody's EO office, Raymond put down the phone and said respectfully to the old man sitting opposite him, "He's here."

The old man with white hair and a little balding, a decent suit, the shirt inside was white but not brand new, he gently helped the black frame glasses on the bridge of his nose, his eyes were bright and deep.

"Interesting young man, let's hear what he says ..."

Talking, stood up from the chair, slowly walked to a door in the office, opened and walked in.

Andy took both Al and Bud into the eo's office, shook hands with a smiling Raymond, and then took their seats in the office's rest area in turn.

"To be honest, now many people on Wall Street are paying attention to your movements of Mr. Smith. It is very surprising that you will choose us Moody." Raymond did not choose a circumstantial circle, but if he said intently, I hope to be able to Unexpectedly disrupt the rhythm of young people, so as to quickly get the answers you want.

Andy just smiled calmly, ignored the temptation of the other party, and asked directly: "Why is the rating of such a high MBS still 3a?"

Raymond frowned slightly, then smiled and perfunctoryly: "The mbs yield is stable and the risk is small. Endorsement by two rooms will naturally be 3a. Is there any problem?"

"Oh, thank you." Andy's smile was very sunny, instead of being annoyed by the perfunctory of the other person, but after saying thank you, stood up, in the eyes of the other's differences, reached out and shook hands, said: "Sorry , Bother you, thank you for your answer. "

Then Andy was in the opponent's sacrifice, with Aldron and Bardstone sinking out of the water.

"Mr. Smith, please wait ..."

Andy stopped and smiled back and said, "Mr. Raymond, is there anything else? We can just leave without sending."

"Mr. Smith, are you just here today to ask that question?"

"Of course, otherwise, I just feel confused, I am very satisfied to hear your answer, thank you, and at the same time let me understand a sentence, you will never wake up a person who pretends to sleep ... I am glad to meet you, Please stay. "

Raymond watched Andy turning away with a smile, speechless, without any clutter, as if he was really just asking that simple question.

Click.

The door of the rest room in the office opened, and the old man came out with a sinking face, sitting on the chair with a moan, took off his glasses, took out a handkerchief from his pocket, and wiped it slowly.

"Mr. Buffett, what do you think?"

Warren Buffett put on his glasses, his eyes flashed, meaning he said inexplicably, "Isn't he saying that, he is trying to wake up the person who pretends to sleep. If he keeps disappointing, he will make all the people pretending to sleep have to wake up. Come……"

"Boss, where are we going?"

Andy walked out of the building and said with a smile: "You can make a turn, the next stop is Standard & Poor's ..."

In the Morgan Stanley conference room, the first person sitting quietly waited for the answer from the person holding the cell phone.

"Sir, he went to S & P ..."

"Everyone, you should have read the information sent this morning. Howie Hübler not only deceived our customers, but also deceived us. He will be sent to prison. Then, 16 billion swap contracts, 9 billion How can we make up for the losses? This financial turmoil is imminent, will the government rescue it? We have already sold a large number of junk bonds, but everyone is not a fool, who will continue to take orders now?

There was silence in the conference room, everyone had a somber face and frowned, and if there was no solution, their group would suffer heavy losses, and Morgan Stanley had been sturdy and shrouded in the risk of bankruptcy.

"... the price of bs is set by us, and we still refuse to redeem those toxic bonds at high prices in accordance with the previous practice!"

"Yes, even if the financial crisis breaks out, the government will never watch Morgan Stanley go bankrupt ..."

The meeting room was filled with sounds, one after another, all kinds of attention.

"Who can tell me how strict our cash flow control is? What type of credit line are we?"

The audience quieted again and looked at each other until an uncertain voice sounded, "The data shows that the situation is getting worse!"

"Damn, 15 billion of betting swap agreements, of which 4 billion are still in the hands of our subsidiaries! Everyone, please discuss how to deal with the betting agreement that was sent to us in S & P ... "

"I went to Greg and asked him to sell the gambling agreement to the parent company at a low price ..." a black woman said a little hesitantly.

"Are you sure?"

"I can only try it. After all, we are bankrupt and Greg's company will be involved. I think he will understand." In fact, black women also know that they are likely to return empty-handed. After all, the 4 billion US dollar interest is not She can talk back with her mouth.

"Andy Smith ..."

When eo said this name, everyone in the audience frowned, and his face was bitter, not because of how much power Andy had at home, but because of the $ 7.2 billion gambling agreement in his hands.

This Nima is going to be killed!

"Maybe it's just that people are overly worried, but there will be no financial crisis ..."

"Snapped!"

Morgan Stanley's eo patted the table, glaring at the person who just spoke, "Go out and pack your stuff, you're fired! Immediately!"

The people in the meeting room were pale and silent.

"Talk to him ..."

"Badstone and I are friends, and I can check each other's bottom line."

Andy walked out of the Standard & Poor's headquarters building with a faint smile, chuckled, looked back at the towering building, shook his head, walked to Maybach's door, and was about to bend over to get in the car.

"Boss, Morgan Stanley, wants to meet me." Bardstone held the phone in his hand, and a smile finally appeared on his somber face.

"Come on, as agreed! The cripples of JPMorgan Chase, UBS, Citibank and Plaster Countries are all interested in their company."

Bardstone nodded and turned to leave. Andy said to Arvitelle: "Understanding Deutsche Bank, I think I should also see clearly the reality, you go back to the company, I go to Newsweek Building, I need to copy the next issue A cover for the two major courier companies. "

In the galloping car, Andy smiled and looked at a cartoon drawn by himself.

The ruins of Wall Street are full of corpses, and the people on behalf of the two major rating agencies shouted with tears of crocodile, "Why is this?" The dense ghosts around them yelled, "We also want to ask you why such!"

The spearheads are directed at the two major institutions, killing the hearts and minds, and may not play much role before the crisis erupts, but when the subprime mortgage crisis erupts, the financial crisis investigation committee composed of the U.S. Senate and occupation Wall Street organizations will find clear aims.

Of course, Andy is just a means, everyone can sit down and talk, but when the time comes, the roles that need to be visited need to be swapped.