Chapter 2789 Turning Point

The Jian River in late autumn has a different scenery. The weeping willows on both sides are still elegant, the trees are still green, the lawns are still dotted with wild flowers, and the ladies who are boating are still reservedly holding parasols...

But in the countryside in the distance, the yellow color after the prosperity has disappeared is the mainstream. The sun is high in the sky, but the river breeze has the effect of keeping people awake at all times.

But the number of people rowing and swimming in the river is not less at all, or even more.

Feng Yiping guessed that these people probably wanted to enjoy such fun before the cold winter came.

Today was also the first time for him to row a boat on the Jian River by himself. Under the control of Owen at the bow, he waved his arms and the canoe seemed to swim forward quickly.

However, this thing looks free and easy, but it is really not easy to do, and his arms soon became a little sore.

But the greater disappointment came from other aspects.

Just like when he entered the alleys of Jiangnan, he was looking forward to meeting a lilac-like girl. Every time he came here, he also hoped that he could finally wave his sleeves in a chic manner without taking away a cloud.

But the premise is that there must be clouds!

But what about the arrogant, cold and beautiful British lady? Why didn't I see one?

I have crossed so many bridges, okay?

Is it possible that in the end, I can only sigh?

It was a coincidence that he really stopped when he arrived at the Bridge of Sighs.

"Mr. Feng," Li Ruiyuan's voice sounded very anxious, "The British government has taken action. They announced that they would inject 5 billion pounds into British banks and guarantee their 25 billion pounds of debts."

"Really?" This was a piece of news that surprised Feng Yiping.

This also made him feel that at certain times, procrastination is really not only bad.

He believed that Paulson and others, who were on the other side of the ocean at this time, holding hundreds of billions of dollars in their hands but unable to decide how to spend them, must be the happiest group of people.

Now, they can finally follow the trend and inject capital directly into banks without worrying about being criticized by those who believe in the "market economy".

But wait, Paulson and his people hesitated because they had already calculated everything and knew that just like the barbaric announcement of a temporary ban on shorting financial institutions, there would definitely be younger brothers in front to clear the way for them?

The British Communist Party is really famous for its left-leaning!

Whether it is announcing a ban on shorting financial institutions or directly injecting capital into financial institutions regardless of the discussion and criticism of nationalizing private companies, they are the first.

This style is really similar to ours.

——Downing Street No. 10 is in a mess at this time. It’s not that we are so radical that we ignore the market economy, but that we really have no other choice, boss.

Americans can hesitate. They can make three of the five major investment banks on Wall Street disappear, and dozens or more banks, big and small, go bankrupt, but how can our financial strength afford such losses?

Others don’t know, don’t you know? Although London is also a world-renowned financial capital, how many financial companies in the City of Finance are ours and how many are foreign?

Take the deal you are about to complete, for example. Although it affects the hearts of many British people, isn’t the important party in the deal from Germany?

Northern Rock Bank collapsed. Last month, even our largest financial insurance and mortgage bank, Halifax Bank of Scotland, went bankrupt. Now even our oldest Royal Bank of Scotland is almost unable to hold on. How can we hesitate any longer?

“I wonder if the US government will finally stop hesitating and will immediately inject capital into the bank directly?” Li Ruiyuan continued to analyze, “Does this mean that this crisis has entered the later stage?”

The direct capital injection of the British and American governments into banks actually means nationalizing these banks, which means that the government will provide a bottom line for these banks, that is, everyone no longer has to worry about not getting back their deposits and investments in these banks.

"Mr. Li, I agree with your judgment. I think that after the UK took decisive action, not only the United States, but also more other countries in crisis will quickly follow suit,"

"This of course means that the possibility of a total collapse of the financial system no longer exists. The financial crisis has indeed entered the later stage from now on,"

He heard that Li Ruiyuan over there exhaled heavily, and it sounded a bit lost.

The crisis has entered the later stage, which naturally means that their opportunities will be much less from now on.

Heroes emerge in troubled times. Similarly, when financial institutions are in chaos, they have more opportunities.

Doesn't Feng Yiping feel a little bit sorry?

You said that you are a country famous for being gentlemen and corruption. Can't you always stop being such a pioneer? Can you not always be anxious about your big brother America?

Can't you delay it a little longer?

"Mr. Li, don't feel regretful. With the achievements we have made, why should we feel regretful?"

Li Ruiyuan also smiled, "Mr. Feng, you are right. We have gained enough from this crisis. I just..."

"I don't know how long it will take for me to encounter such an opportunity again, so I don't want it to pass by like this."

When Li Ruiyuan thought about the days when he had made money everywhere, he couldn't help but feel reluctant.

"Haha, Mr. Li, don't take it too seriously. We don't only make money in times of crisis, right?" Feng Yiping said, "Besides, although the crisis has begun to enter its later stages, that doesn't mean we are gone. good chance,"

"Hey, Mr. Feng, you are right," Li Ruiyuan thought of the acquisition that was about to be handed over, and then thought about the other plans the company was undertaking. Yes, as long as Mr. Feng is here, there will be no chance.

"Don't worry, I will complete this transaction before you return to China,"

…………

October 13th, another Monday.

More than ten days after receiving more than 800 billion U.S. dollars, and after many European countries had already taken action, the United States finally took action.

The two giants in handling the financial crisis in the United States, Paulson and Bernanke, finally made the final decision: like their European counterparts, they would directly inject capital into banks, that is, directly buy bank stocks.

After an emergency meeting to finalize the relevant details, just like when they rescued Lehman, they once again summoned the most influential bank CEOs in the United States, and just like the last time they bailed out Lehman, they forcefully informed them that the government would Their bank injects capital with no room for negotiation!

In this regard, people like Damo, who were already on the verge of collapse, finally breathed a sigh of relief. While shouting "what a danger" in their hearts, they couldn't wait to sign the agreement.

However, some banks are still somewhat resistant to forced nationalization.

Feng Yiping's old friend, from California, is in good business condition. Wells Fargo, which just snatched the fat piece of Midland from Citigroup, just said a little, we don't need to inject capital, because, we There is no shortage of money!

Paulson immediately slapped him back, "We have plenty of means to make you short of money right away!"

To be honest, when the high-ranking government officials responsible for the economy become rogue, no matter how bankrupt they are, they will become a vulnerable group in an instant.

Due to Paulson's power, rich countries had no choice but to sign the capital injection agreement obediently.

As soon as the news that the U.S. government had recklessly nationalized major banks reached the market, the country immediately rejoiced. The most direct impact was that on that day, the U.S. stock market set another historical record: in one day, it soared by more than 11%. .

On the plane back home, Feng Yiping saw the news and once again cried out regrets. What a pity. How cool would it be if he could have predicted this and went long US stock index futures in advance?

such a pity!

He sighed as he closed his eyes and fell asleep.

…………

Relevant news has also spread to the country, but to most domestic people, such news is no different from other news related to subprime mortgages.

Besides, our stock market is already too worrying and heartbreaking, okay? Why don’t you worry about these crappy things in the United States and Europe?

But on this day, another piece of news made many Chinese people excited: Feng Yiping successfully acquired the landmark building in the City of London, No. 30 St. Mary Ax Building.

What, you don’t know about 30 Sainte-Marieux? You should know about the London Eye. No. 30 St. Mary Ax is the building that often appears next to the London Eye... yes, it's that little cucumber!

Which one is it? Let me go, Mr. Feng is Mr. Feng, he is really awesome!