"Coach, I'm sorry, I need to answer a call... ”

In the VIP waiting room of Los Angeles International Airport, Andy said helplessly to the old coach Alexei with a helpless expression.

"Andy, we're about to board the plane... ”

"I know, but I can't help it, it's a call from U.S. Treasury Secretary Paulson... ”

The corners of Alexei's mouth twitched, he stretched out his hand and waved, watching Andy walk towards the bathroom with the phone, the bodyguards behind him did not leave an inch, and smiled helplessly.

"Hello, Your Excellency. ”

"Andy, I don't have time to be polite to you, I hope you can stop suppressing Bear Stearns, you will let the panic spread further on Wall Street!"

Andy heard Paulson's aggrieved words on the phone, pouted, and said, "I'm sorry, Mr. Minister, what's going on? You know, I've been preparing for the Olympic trials lately, and you see, I'm about to board the plane... Look at my brain, I forgot the name of that country again, and I've been exercising a bit a bit lately, as for the panic you said, Mr. Minister can't talk nonsense... ”

"Tell me, what do you want! As long as it's not too much, I can promise you!"

Andy heard Paulson's direct showdown, and the perfunctory words that came to his lips were also stifled, but he was not a child, and his promise to come when he opened his mouth could not be exchanged for his guarantee.

"Mr. Minister, I really don't understand what you mean, I haven't been paying attention to Wall Street lately, otherwise I'll call my people and ask what they're doing?"

“。。。。。。 Andy, whatever you think, I hope you can take care of the big picture, Bear Stearns can't fall, at least not right now, I've contacted MG Chase, and they'll act as an intermediary, working with the Federal Reserve, to inject capital into Bear Stearns... ”

"Haha... Mr. Minister, capital injection?well, even if I don't know what's going on now, but don't fool me, Bear Stearns is hopeless, you tell me now that MG Chase is going to inject capital, only a fool would believe it, short-term loans, right? ”

“。。。 $30, which is already down 47%... ”

"Haha... Ahem, sorry, sorry, oops, listen, the airport has notified us that we are going to board, ah? Coach wait a minute, I'll be right away, Mr. Minister, I'm sorry, I'm going to board, so I'll find out the specific situation in a while, and I'll arrive... I'm really sorry to call you back after that country.,After all, it's the Olympic selection.,It's a big deal that can't be delayed.,I'll call you after getting off the plane.。。。 ”

The Treasury Department building on the east side of the DC White House.

“。。。。。。 ”

Paulson's face darkened, clutching the phone tightly in his hand, listening to the busy sound coming from inside, and finally smiled wryly, slowly put the phone back in its place, and shook his head and smiled bitterly at a group of staff members across the desk.

"He refused, he was already on the plane... ”

A group of staff and staff in the finance minister's office also sighed solemnly.

As expected, he was not going to stop at this point in time, and he took $13.5 billion from gold futures, of which $3 billion was used to repay the bank loan to buy Bloomberg shares, and the remaining $10 billion was used to short Bear Stearns hedge fund.

They had been planning for a long time, and on Monday, rumors began to emerge in the U.S. stock market that Bear Stearns might have a liquidity crisis. The news sent markets in a panic and investors dumped financial stocks.

Schwartz gave an exclusive interview to CNBC in an attempt to quell any speculation about Bear Stearns.

But the U.S. Securities and Exchange Commission also clarified for Bear Stearns on Tuesday, saying it was "confident in the capital buffers of these investment banks."

But starting on Tuesday, more and more lenders and customers began to withdraw their funds from Bear Stearns, even though Bear Stearns had a stable capital buffer at the time. But now Bear Stearns' excess liquidity is rapidly running out.

At the same time, British newspapers began to hype up the Bear Stearns crisis, and European banks had to become concerned and began to stop trading with Bear Stearns. Some U.S. fixed-income and equity traders began doing the same on Tuesday, withdrawing cash from Bear Stearns, fearing that the funds would be frozen if Bear Stearns filed for bankruptcy.

Yesterday Thursday, the Wall Street Journal reported that companies doing business with Bear Stearns are becoming more cautious and are withdrawing more and more partners. Bear Stearns' top brass spent most of their time on the phone trying to quell rumors that the bank was reluctant to deal with it and demanded more loans against it

The biggest headache is that no matter what Bear Stearns does, the news will soon spread across Wall Street, and as the situation becomes clear, Bear Stearns can't cope with the constant withdrawal of worried customers.

Securities firms that were previously willing to accept collateral insisted on cash, and hedge funds that used Bear Stearns to borrow money began withdrawing cash from their accounts. By 4:30 p.m. on Thursday, Schwartz was convinced that Bear Stearns was facing a desperate situation and had to turn to the Fed for help.

And today, is their harvest day, even if we agree to his conditions now, he will not stop, after all, it is a profit worth more than a dozen or two billion... ”

"Bang!"

Paulson slapped the table hard and said angrily, "This bastard! This will deal a heavy blow to the entire financial system of the United States." ”

“。。。。。。 ”

"There is still something we can do to stop Bear Stearns' share price from diving!"

“。。。。。。 "Default to the whole site.

"Minister, the overall situation has been decided, can only watch his subordinates finish the harvest and leave, unless MG Chase now buys Bear Stearns, it is possible to contain the suppression of their huge funds, they used 5 times leverage, tens of billions of dollars of power to impact the stock price, the current entire market except for a few of the largest funds, no one is their opponent, and these funds are... Hey, they're all shorting Bear Stearns!"

"It's all a bunch of greedy vampires! Damn, can't let him continue to be so unscrupulous, he's too destructive, Hamilton, tell me, who might be their next target?"

"The biggest possibility is Lehman Brothers!"

"What?!" Paulson slammed up from his chair and stared at his men who gave him the answer, unable to imagine what would happen to Wall Street if Lehman was also shorted by Andy.

"Andy Smith is very good at layout in advance, and his think tank takes this kind of boss's preference as a feature of their work, after they select the target, they will spend several months, disperse the funds to enter the layout in advance, and after the layout is completed, they will create market panic, release all kinds of news, and the most headache is that these news are still true, although there is a small part of the fake, but it is the deadliest venom, so that people can't tell the truth from the fake.

Then, they will hedge with a huge flow of money, and their successful experience again and again has also made many hedge funds follow them to pick up the cheap.

Just like this time, more than $80 billion has been shorted in Bear Stearns, even if they buy two Bear Stearns companies, there is still a surplus, but they control the rhythm very well, and they will never be killed at once, what they want is to cut the meat slowly and wait for Bear Stearns to ask for help.

That is, no matter how much money we lend to Bear Stearns, in the end, most of it will end up in Andy Smith's pocket... ”

"No, I can't let him continue to do this! Make an appointment with Old Smith and Auston Smith, and, hold a press conference, I want... ”

"Knock-"

"Minister, Bear Stearns' stock has plummeted by 53%... ”

"Shet! do it now, now!" Paulson's face twitched, his whole face turned black, and he waved his hand and growled in a low voice, "This greedy shark must be stopped!"