Vol 6 Chapter 271: Trick

Paulson looked over with sharp eyes, Feng Yiping picked up the mineral water, took a sip slowly, and stared at him calmly, the smile on his face never changed.

Isn't it just a competition of eyesight? He has never been afraid of such a thing.

Also, I just meant to solicit you, so what?

By this time next year, you will have to pack and leave, and you will definitely find a place to go.

At that time, you were just wearing the name of a former minister, a former minister of the United States, so you can say, really what is not.

The US government only favors the outgoing president.

Outgoing presidents, not only can they receive a pension equal to the annual salary of the highest person in charge of a federal government department-because the salary of the cabinet minister changes every year, the retirement pension of the outgoing president will also change. Generally speaking, The highest is about $200,000.

Because the highest-paid cabinet minister in the United States has been the post secretary for many years, the salary for that post is less than $250,000.

The U.S. government can also provide them with an office, responsible for the salary of an employee, and enjoy the protection of the Secret Service with their spouse and minor children.

Originally, the outgoing president was protected by the Secret Service for life, but Clin immediately amended the relevant laws. The president who took office after 1997 has only a 10-year protection period.

But Ouhei will be a man. In 13 years, he changed this period back and readjusted it to life, so that Clinton, who has retired for more than 10 years, can once again enjoy this treatment. It is because Ouhei did not consider it for himself. .

In addition, there are also benefits such as setting up a presidential library and enjoying state funerals.

But other outgoing officials from the vice president, I'm sorry, their treatment is the same as that of ordinary federal employees. Those who have not reached the retirement age should find their own way.

If you have reached the retirement age, you can enjoy the federal pension due to the length of service for the federal government, up to 80% of the annual salary at the time of employment.

That is, the general maximum will not exceed 200,000 US dollars.

In the United States, 62 is the earliest age to claim a pension. Paulson will be 62 next year, which is just right, but when he starts to receive a pension at 62, he is required to get a 30% off. Having only worked for the federal government for more than two years, this ratio will be even lower.

Because Paulson only worked for the US federal government for more than two years, less than five years, he did not enjoy the preferential policies for government employees when he bought medical insurance.

This point is the same for the outgoing president. The prerequisite for enjoying this concession is to work for the federal government for 5 years. If you only serve as president for 4 years, then you buy medical insurance without any concessions.

So, for a guy like Paulson who is not very old at present, and had an annual salary of tens of millions or even more than 100 million on Wall Street, how could he take that little retirement salary in his eyes?

So what is his retirement salary enough for?

But it's not easy to sit and eat Shankong, so he will definitely continue to work.

And Feng Yiping knows better than anyone that after this crisis, after Pilsen resigned from this building, he would definitely not be able to return to Wall Street.

It's not just Goldman Sachs who can't go back, he can't get infected with all the companies that originally belonged to Wall Street.

And Feng Yiping's company in the United States is considered a big company, and it is fully qualified to recruit people like him.

Feng Yiping felt that Teacher Zhou's cryptic proposal was really good.

It would indeed be a good idea if you could hire such a consultant as your own company.

Besides, let alone the former Secretary of the Treasury of the U.S. Government, it is the former President of the U.S. Government. Domestic companies offer a price. He is not yet endorsing related products, or attending some inferior products. Meeting?

Paulson looked at Feng Yiping like that, and soon his eyes filled with a smile, "Hehe, Feng, don't you know that your judgment in Mumbai brought me a lot of pressure,"

Since he changed the subject, Feng Yiping did not continue to hold on to the topic just now.

"Really?" he said with a smile.

He knew that when even Fed Chairman Ben Bernanke believed that the crisis was over, he said that the crisis was far from over, and what kind of pressure it would bring to them.

But so what? He doesn't care.

Hasn't the United States always advertised freedom of speech? What does it matter if I express my views freely?

Besides, at home, he still cares about related influences and must consider political correctness. But for the United States, what else does he consider political correctness?

"I don't think there is any pressure on you," Feng Yiping said with a smile, "Does Mr. Minister, and other high-level government officials also think that the crisis is over?"

"It shouldn't be!"

"We all know that the real estate market is still declining. As long as housing prices do not return to the state where they did not rise sharply before 2006, there will still be more people who can't pay off bank loans."

"That is, those real estate securities will still become less and less valuable. Coupled with the panic of investors, this trend is unlikely to be reversed."

"The result will be that investment banks and investors will suffer more and more losses, market liquidity will become more and more tense, and more and more industries will be affected and affected."

"At that time, there will be more companies that have to lay off staff to save money because of business difficulties. Therefore, there will be more people who have credit defaults because they cannot pay their mortgages."

"Under such a general trend, the people will have to be forced or voluntarily to save expenses, and their willingness to consume will decline..."

"The consumption index has plummeted, and oil prices are still continuing to rise...So economic growth will definitely slow down,"

"The slowdown in economic growth will in turn affect employment and consumption..."

"...It's hard to say that this will be a nauseating cycle, but under the combined effect of these various forces, the energy of this crisis will definitely become bigger and bigger..."

"For these reasons, I think many people can come to this judgment, right,"

Paulson listened to Feng Yiping's speech quietly, without any intention to interrupt.

He is also carefully observing Feng Yiping, and it has been nearly two years since they last met.

Over the past two years, he himself has got a new position.

This new position faces many challenges. He can only move around in a limited space to win support from many parties.

Because of this, he felt that compared with Wall Street, his ability to solve problems by himself and communicate with stakeholders ~www.wuxiaspot.com~ to finally reach compromise and agreement has been significantly improved.

But compared with the young man in front of him, his progress is nothing.

When he first met Feng Yiping, who was still studying in university, he was already an outstanding talent with high achievements not only in business, but also in academics.

But at that time, he was obviously still a little green. When dealing with people and things, how should he say... he didn't have his own rhythm too much.

He is gentle and humble, but sometimes his ability to control the field is obviously insufficient and he lacks some confidence.

But now, this young man who is still dazzlingly young and has even more dazzling achievements, has been very mellow in dealing with others, and can even easily let himself follow his rhythm.

As for self-confidence?

In other people's offices, and in the offices of heavyweight senior officials in the U.S. cabinet like him, that confidence is almost overflowing into the sky, and it is almost impossible to be more confident.

They are already in the office of the Secretary of the Treasury, recruiting the Secretary of the Treasury, and this Secretary of the Treasury, or the emperor of Wall Street before—how can he be more confident?

But on the contrary, he is confident and measured. He will not be so self-confident that he is arrogant, which makes people hate and will only impress him.

The understanding of such complicated issues as subprime lending is better than most experts, including the Fed chairman who claims to be an expert on the Great Recession.

Therefore, his growth over the years is incredibly fast.

After Feng Yiping finished speaking, he smiled and asked, "It is also based on this judgment, so you established such a fund last year and bought a lot of companies on Wall Street, and now you have a headache. Credit default swaps?” (Rebirth 92: Business Tycoon Mobile Reading)