Vol 6 Chapter 638: Turning point

The Jianhe River at the end of autumn has a unique scenery. The weeping willows on both sides are still floating, the trees are still green, the lawns are still dotted with wild flowers, and the boating ladies are still holding parasols with restraint...

But in the remote countryside, the yellow after the prosperity is lost is the mainstream. The sun hangs high in the sky, but the river breeze has the effect of sobering people.

But there are not fewer people rowing and river cruises, or more.

Feng Yiping guessed that these people probably want to hurry up and enjoy this kind of fun before the cold winter arrives.

Today was also the first time he was rowing on the Jian River by himself. Under the control of Owen, the bow of the ship, his arms shook, and the canoe seemed to swim forward quickly.

However, this thing seems freehand, but it is not easy to do it, and my arm soon aches.

But the greater disappointment comes from other aspects.

As soon as he entered those small alleys in the south of the Yangtze River, he was looking forward to meeting a lilac-like girl. Every time he came here, he also hoped that he could wave his sleeves in the end without taking away a cloud. .

But the premise is that there must be clouds!

But what about such a arrogant and glamorous, beautiful British lady? Why didn't I see one again?

My bridge has passed so many seats, okay?

Is it just a sigh in the end?

Coincidentally, when he reached the Bridge of Sighs, he really stopped.

"Mr. Feng," Li Ruiyuan's voice sounded urgent, "The British government has taken action. They announced that they will inject 5 billion pounds into the Bank of England and also guarantee their 25 billion pounds of debt."

"Really?" This was a 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 the others, who were on the other side of the ocean, holding hundreds of billions of dollars in their hands, but were not sure how to spend them, must be the happiest group of people.

Well, they can finally follow the trend and inject capital directly into the bank without worrying about incurring criticism from those dogmatic "market economy" people.

But wait, Paulson and the others are hesitant, is it because they have already judged the situation and calculated it all, knowing that it is like a brutal announcement of a temporary ban on short-selling financial institutions, there must be a younger brother in front of them Lei to open the way?

To say that the British Communist Party is indeed a famous leftist.

Whether it is announcing a ban on short-selling financial institutions, or directly injecting capital into financial institutions regardless of the comments and criticisms of nationalizing private companies, they are the first.

This style really resembles us.

—— No. 10 Downing Street is so full at this time. It's not that we are left-leaning and radical to ignore the market economy, but we really have no other choice.

Americans can hesitate, they can make the five major investment banks on Wall Street lose three, large and small banks, down dozens or more, but our financial strength, how can we afford such a loss?

Other people don’t know, don’t you know? Although it is also a world-renowned financial capital, how many financial companies in the financial city are ours and how many are foreign?

Let's just say that the deal you are about to complete, although it affects the hearts of many British people, but the important party in the deal will soon come from Germany?

North Rock Bank collapsed. Last month, even our largest financial insurance and mortgage bank, Halifax Bank of Scotland, also went bankrupt. Now even our oldest Royal Bank of Scotland is almost unable to support it. How can we hesitate?

"I think the US government will finally not hesitate and will directly inject capital into the bank?" Li Ruiyuan is still continuing to analyze, "Does this mean that the crisis has entered the later stage?"

The direct injection of capital by the British and American governments into banks actually means nationalizing these banks, which means that the government will provide a foundation for these banks, that is, people will no longer have to worry about their deposits and investments in these banks. Will not get it back.

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

"This really means that the possibility of a complete collapse of the financial system will no longer exist. The financial crisis will indeed start from now and enter the later stage."

He heard that Li Ruiyuan over there exhaled heavily. It sounded a little sad.

The crisis has entered the later stage, which naturally means that their opportunities have been much less since then.

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

Does Feng Yiping feel a little pity?

You said that you are a country famous for gentlemen and rottenness, so don't you always be such a vanguard? Can you not always worry about what your American elder brother is worried about?

Can't you drag it for a while?

"Mr. Li, don't feel sorry for you either. With what we have achieved, how can we use regret?"

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

"Thinking about the next opportunity like this, I don't know how long it will be, so I don't want it to pass by for a while."

When Li Ruiyuan thought about the days when he was making money everywhere, he couldn't help but feel unwilling to give up.

"Hehe President Li, don't care too much. We don't only make money in times of crisis, do we?" Feng Yiping said, "Furthermore, although the crisis has begun to enter the later stage, it does not mean that we are gone. good chance,"

"Hey, Mr. Feng, you are right," Li Ruiyuan thought of the acquisition that was about to be completed, and then think about other plans the company is currently in. Yes, as long as Mr. Feng is there, there is no need to worry about no chance.

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

…………

October 13, another Monday.

After more than ten days after receiving more than 800 billion U.S. dollars, after many European countries have already acted, the United States finally took action.

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

After the emergency meeting finalized the relevant details, just like when they rescued Lehman, they once again gathered the most influential bank executives in the United States and informed them as hardly as they were when they rescued Lehman. Their bank injected capital, and there is no room for negotiation!

In this regard, people like Morgan Stanley who were already on the verge of collapse finally breathed a sigh of relief. While yelling "good risk" in his heart, he 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 conditions. He just snatched the fat from Midland to Wells Fargo Bank from Citi’s mouth. But a little said, we don’t need to inject capital, because we No shortage of money!

Paulson was immediately stunned back, "What we have is a means to make you short of money immediately!"

To be honest, when the government executives in charge of the economy got up savagely and hooligans, the bank really became a vulnerable group.

Forced by Paulson's lust, the rich countries had to obediently sign the capital injection agreement.

As soon as the news of the US government's nationalization of major banks spread to the market, the whole country immediately rejoiced. The most direct impact was that the US stock market set another historical record on the same day: within a day, it soared by more than 11%. .

On the plane back to China, Feng Yiping, UU Reading www.uukanshu.com, saw this news and once again shouted regrets. Unfortunately, if this can be predicted, it would be cool to do more US stock futures in advance. ?

what a pity!

With emotion, he closed his eyes and fell asleep.

…………

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

Besides, our stock market is already worrying and heartache, okay, you still care about the US and Europe.

But on this day, another news made many people excited again: Feng Yiping successfully acquired the landmark building in the City of London, the 30th St. Mary Axe Building.

What, what is the 30th St. Mary Axe do you not know? The London Eye should always know that the 30 St. Mary Axe is the building that often follows the London Eye... Yes, it is the cucumber!