Chapter 2257 The Hegemonic Country Is Great Again!
As Chen Mo said, Bells and others are a submarine that has fallen into the depths, and the bosses of Bells and others, the boss of Mogen Chase, and the head of the Federal Reserve Bank are the crew members.
The current situation is that someone must sacrifice their own interests to be saved. If no one sacrifices their own interests to save the market, then Bales will be dead!
"I think the Federal Reserve should shoulder its responsibilities. Bales and others are related to the stability of the subprime mortgage market and the housing market. The Federal Reserve should stop worrying about whether it is 28 days or at least 28 days."
Jims said loudly.
The head of the Federal Reserve Bank is named Rom Powell, and he also has another identity, that is, the fourth main god "The Maker"!
At this time, Roma was very upset.
This Jims sounds confident when he hears it!
Taking advantage of the fact that the dominant Federal Reserve must rescue the market, they want to use the foundation's bailout money for free.
"Jims, but that's not what you said before. You said that as long as you give you a few days of relief money, all the problems will be solved.
Now, we give you a full 28 days of money and time, but you have to make more demanding demands. I have a reasonable suspicion that you still can't pay the money. "
Rom knocked on the table and said patiently:
"Let's do this. If it doesn't work, let Mogen Chase and Bells wait. The debts must be passed along. This way, I'll be fine with you and everyone."
Jimmy Dimon, CEO of Mogen Chase, couldn't help but twitch his mouth when he heard this.
He is here to help make peace, not to help wipe his butt!
"If the Federal Reserve Bank is willing to pay for the acquisition, or is willing to lend us the money without interest, then Mogen Chase is willing to facilitate the acquisition." Jimmy said with a smile.
Although the tone was very polite, he was not willing to take any loss.
"Please, you two, the situation is very urgent now. My senior executives have consulted our opinions no less than 80 times, and are just waiting for us to come up with the final draft!
Let’s just stop writing about the 28-day clause, okay? "
Jims said urgently.
Roma had a tense expression on his face, and his back teeth were broken.
Obviously you had to change the 28-day clause, but now you blame us?
Amid the debate among several people, Bales and other financial chiefs, Bob Opton, went back and forth among executives' offices to get input on the announcement.
After 180 minutes and 125 inquiries back and forth, Optun finally couldn't stand it anymore.
"The war has begun! The Sky God camp and the foundation are fighting on the battlefield of the abx index. The total investment of both parties has reached 4 trillion, and the dominant Federal Reserve also cut interest rates by an unprecedented 200 basis points in one day.
They were actually still arguing over some small details.
This matter must be settled immediately! "
Opton complained to Rich Metrick, a senior investment banker such as Bales: "If it doesn't work, let the market know the news and force the Federal Reserve and Morgan Chase! I don't believe they dare not save it." !”
After speaking, Opton took out all the manuscripts he had obtained.
But at this point, executives could no longer tell which copy was the final draft. Opton did a quick check, grabbed what he thought was a final printout, and ran to the copier.
At this time, the person in charge of the public relations department, who had been waiting for the final draft, loudly urged for the 200th time: "Bring over the damn document!"
Metrick shouted to Opton, who yelled back, "I'm just getting the damn thing done!" He rushed to the copy machine, manuscript in hand.
About a quarter of an hour later, at 14:13, Bells and other companies issued an announcement through the business information platform, which immediately became explosive news that major news platforms and CNBC rushed to reprint.
"Mogen Chase and the Federal Reserve Bank officially provide financing to companies such as Bales!" the news headline read.
The announcement also said that Mogen Chase and the Federal Reserve Bank of China will jointly provide "secured loans" to Bales and others, that is, loans guaranteed by collateral. "The current loan term does not exceed 28 days."
The last sentence was deliberately added by Bells and others.
Ten minutes later, Mogen Chase issued an announcement with similar wording.
Oddly, neither announcement contained a statement confirming support from the Federal Reserve.
Because all members of the Federal Reserve Bank (i.e., the top executives of the foundation) have not yet had time to meet and formally approve this loan plan.
A few minutes later, Bales, etc., which had applied for trading suspension, resumed trading. It was only 12 minutes from the first announcement to Bales, etc.'s resumption of trading. The pre-market quotations of Bales, etc. showed a surprising surge, with an increase of more than 9%.
Mortgage traders on the seventh floor of the company were ecstatic.
"We are saved!" someone shouted.
The price of CDS corresponding to the CDO discovered by Bales and others has dropped to the lowest point in several days.
Countless people began to ridicule and joke about the Sky God camp headed by Chen Mo:
"Bells and others are the fifth largest investment bank in the hegemonic country, how could they die so easily?"
"Repay "Bels Waiting Time" and "Sky God"? I'll spit out everything you eat!"
"Hey, the abx index has almost risen to the level before short selling. Chen Mo's trillions will be wasted!"
"The Kongshen camp is about to be forced into a position of weakness"! Every one of these people will be ruined! ! ! "
"Hegemony is great again!"
"Your dad is still your dad. Not everyone in the world can challenge him!"
"..."
Moxun Building.
At this time, after Chen Mo saw the latest announcement of Bells and Mogen Chase, he who had been silent all the time finally smiled.
"Han Li, mobilize some funds and a few traders to short Bells and other stocks!"
Han Li was stunned: "Mr. Chen, Ba Lianshuo and Mogen Chase are already going to save Bells and other stocks. If we short at this time, won't we lose money?"
Chen Mo shook his head, "No one understands what just happened. I bet that before the first wave of battle between us and the foundation on the ABX index is over, Bells and other stocks will fall below the warning line."
A few minutes later, a small part of Chen Mo's short-selling funds entered the market to short Bells and other stocks.
But now investors are very excited, and they all think that the announcement has been issued, and it must be Mogen Chase or Ba Lianshuo that has taken over.
The stock price of Bells and other stocks will definitely rise, at least it can be restored to the level of 80% before the plunge.
As a result, countless investors rushed to buy stocks.
Chen Mo's small amount of short-selling funds was like a drop in the ocean, and it was completely unable to suppress the enthusiasm of investors.
Han Li was about to speak but stopped.
Chen Mo glanced at his phone and suddenly opened his eyes:
"Almost done!"
"From now on, hedge with the foundation. If they buy up 1 yuan, we will short 2 or 2 yuan. We must always keep twice as much as them. Do you understand?"