America’s Road To Wealth

  Chapter 311 Army One is responsible for welcoming

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

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

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

  But now, after that big event happened.

  Americans unite as never before.

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

   Beneath what came to be known as "Super-American National Cohesion."

  Little Laura's uncle has gained power far beyond his ability.

   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.

   is more powerful than its predecessors.

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

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

   But a huge part has been mastered.

   At this time, who 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 thief.

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

  But after all, it is impossible for these people to use money to save the market.

  Even if they are called XX thieves, it is impossible..

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

   I dare not describe so many financial giants as XX thieves.

   At most it just creates some pressure for them.

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

  In the situation where these people are obsessed with others, there is actually no good way.

  Gathering 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.

  The Dow, Nasdaq and S&P have fallen so much.

   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 even jailed for it.

   If strictly counted, at least one-third of the people present would be arrested.

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

  But Bai Fang 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 would single out Abel among so many people.

   First of all, Abel is the youngest. No matter where he is, being young will always make people look down upon him.

  Secondly, this guy really has 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 hated black and white and didn't like bushes.

   Somehow, he 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.

  The two giants both stood up and spoke out with Abel.

  In this case, Paul Henry O'Neill can no longer say anything.

   "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 squeeze out 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 moment, Paulson, CEO of Goldman Sachs Group, suddenly shouted loudly: "Applause for the patriots!"

   Paulson took the lead in applauding.

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

   Slowly followed suit, 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 the beginning of Abel.

   Regardless of the sincerity, say one thing and do another.

  One after another, some 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 soon.

   Abel, Buffett and others quickly withdrew without giving others a chance to contact.

  The three quickly returned to the convoy.

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

  Abel opened his mouth and said:

   "My goal is General GE. This time its stock price fell the worst, and I also want NBC Universal Television."

  As the leader of the U.S. stock market, General Electric’s market value once exceeded 600 billion U.S. dollars at the peak of its stock price last year.

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

  By the end of last year, its market value was only more than 400 billion US dollars.

  As a leading stock, it is almost a symbolic stock of technology and industry in the United States.

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

  When the market value was at its lowest, it even fell to 330 billion US dollars.

  Although it is still number one at present, it is still more than 20 billion dollars away from the second place 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 is purely following the trend.

   Not long after this big event happened.

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

   Entering the arena at this time is not a good time no matter how you look at it.

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

  As a solid ally of the two, PNC Financial Services Group 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 will not exceed 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 100 million!"

  Buffett ignored Sullivanston, he thought this guy had a bad vision.

  The old man stared at Abel: "Are you really going to exchange all your 600 billion NOK for US dollars?"

   "Of course." Abel smiled: "More than 72 billion, turned into more than 86 billion. I made a net profit of 16 billion U.S. dollars."

   "Shouldn't it be 14 billion?" Sullivanston was curious.

  Abel explained: "The previous futures contracts were closed, and the capital cost was deducted, and there was almost a profit of about 2 billion US dollars. The total is about 16 billion US dollars."

  Sullivanston said happily: "That's two months, and the total profit is about 16 billion U.S. dollars?"

   "Not bad." Abel smiled, "But this part of the funds, the company's own funds are only a quarter, and the rest has to deduct commissions and return them 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 20 billion US dollars. In other words, I have completed our first year of betting."

  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 key point, the three continued to discuss the next "rescue" operation.

   In the end, the reason was not discussed.

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

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

  Abel wanted to diversify 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, Abel and Buffett decided to act separately, staring at themselves to be optimistic about the company's bargain hunting.

   That evening.

  Smith Capital, Berkshire Hathaway, PNC Financial Services Group.

  The three companies jointly announced that they will invest a total of 130 billion US dollars in the US stock market.

  Buffett and Sullivanston were also interviewed by the Washington Post and the American Sun respectively.

  The specific content of the interviews between the two is different.

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

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

   also said that it was in the $130 billion rescue fund.

  Abel and Smith Capital alone took out 90 billion US dollars.

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

  After 9:30, the New York Stock Exchange opened.

  The situation where the market plummeted as soon as the market opened occurred for several consecutive days, finally did not appear today.

  The market has remained sideways throughout the morning, and the stock market problems that have plagued the White house for several days seem to be recovering.

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

  On September 22, Smith Capital raised its card for Microsoft, holding 6.6% of the shares and 491 million shares.

  After this major incident, within a few days, Microsoft, whose highest share price fell from $4.05 a share to $0.92 a share, finally breathed a sigh of relief, and its stock price began to stabilize and increase.

  On the same day, September 22, Smith Capital also raised a card for Apple, holding 15.9% of the shares. Because about 10% of the shares were obtained in the primary market, it was officially raised after buying 5.9% 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 held more than 20 technology, IT, and Internet companies such as Cisco, Qualcomm, and Motorola, holding shares ranging from 5% to 12%.

   Announced a total cost of about 9 billion US dollars, and the remaining 90% of the rescue funds.

   This made 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 is saving their market value.

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

  September 23rd.

  Smith Capital raised its cards again and again.

  This time I changed the field.

  During the five hours of the day, Smith Capital listed companies such as General Electric, Ford Motor, General Motors, Deere, Cummins, Caterpillar, etc., each with about 5%.

   And announced a cost of US$43.5 billion, of which US$17.2 billion was spent on 5% of General Electric's shares, and only 41.7% of the rescue funds remained.

  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 boosted the stocks in the corresponding sector, and the stock prices were held.

  September 24th.

  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 8 billion US dollars.

  The remaining 32.8% of the bailout funds.

  September 24th.

  September 25th.

  On September 26, after Smith Capital raised its 5% stake in General Mills.

  It was announced that the US$90 billion rescue funds were exhausted. At this time, the company held a total of more than 5% of the shares of more than 236 companies.

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

  Under the leadership of giants such as Smith Capital, Berkshire Hathaway, and PNC Financial Services Group.

  There is also the reason for the tough attitude that George Bush has repeatedly shown in televised speeches.

   There is also a rare unity between the two parties, which makes 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.

  Bai Fangfang was naturally relieved.

   Then 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 consecutive days.

   Naturally got the invitation.

2001.

  October 1st.

   At noon.

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

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

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

  His excellent eyesight allowed him to spot Neil Bush in the crowd, and his beautiful and lovely daughter—Laura Bush.

  Abel was still behind the father and daughter, and saw a brand new Cadillac with the Stars and Stripes.

   Star-Spangled Banner + Cadillac + US Secret Service.

   There is only one person in the United States who has this treatment.

  Abel took a deep breath. He walked down the flight ladder with a smile. After his feet landed on the ground, 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 done him a big, big favor 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 over 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 sixteen-year-old little Laura has already shown her beauty to Abel.

  He hugged her gently and kissed her actively.

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

  The 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 is Abel's old acquaintance Marcus, and Neil sits in the passenger seat.

  There are 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 smiled and whispered: "The latest Army One. The prototype changed from Cadillac Fleetwood to Cadillac DeVille."

   "I also have a converted 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 Army No. 1 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.

  Mainly introduced by Marcus, the team leader of the Secret Service, Abel and Neil are responsible for listening and questioning.

   "Gentlemen, this is no ordinary Cadillac DeVille. This is a lengthened 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 special bulletproof glass with a thickness of 12cm. In terms of power, the car is equipped with an 8.0LV12 engine with a top speed of 180Km/h, which greatly improves safety and comfort."

   8-liter engine with a displacement of 12 cylinders, the top speed is only 180

  Abel estimated that this car weighed at least a dozen 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 it is equipped with an independent air circulation system, which can prevent biological and chemical weapons attacks."

  Marcus introduced the two while driving.

   The two occasionally asked.

  Little Laura felt a little bored by the side, but she smiled and didn't bother her.

   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 was once burnt black and stained white behind.

   "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 work as 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 retiring 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 Shrub sighed inwardly, then whispered:

   "Maybe I can ask you a question. Of course, it is absolutely impossible to hang the star-spangled banner for you. Today is the only time for such treatment."

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

  Neil Shrub whispered angrily, "If you can really buy it. I need your promise that no one else is allowed to sit in this car except you and Laura."

"Forehead"

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

"alright."

  Abel shrugged and said.

  (end of this chapter)