Vol 6 Chapter 789: Career funny

The person who asked the question had his hairline level with his earlobes, and his hair was all white, sparse and short, making his face particularly large. Behind the black-framed glasses, his small eyes were shining.

This is Joseph Crowley, a senior member of the House of Representatives of the State of New York. Speaking of which, he can be regarded as a bigwig in the Democratic Party. It is said that he is likely to become the leader of the Democratic Party.

Of course, Feng Yiping knew that this guy shouldn't have made any big achievements afterwards, because he knew that the old Pelosi, who he hated, had been active on Capitol Hill for many years. In 14 years, he often heard that, this, Sorry, I never heard it later.

Since this guy represents New York, it is very likely to have a connection with Wall Street. So, who are you asking this question on behalf of?

"I think it should be because he believed me," Feng Yiping said.

Otherwise, what else can it be?

"Trust you?" Representative Joseph Crowley of New York State's seventh district pushed his glasses. "Sorry, why would he believe you?"

"I mean, we all know that you are great when it comes to the Internet, but are you great when it comes to investment?"

Feng Yiping looked at him. From his perspective, Crowley's nose looked like a red date.

What are you playing with me?

I don't believe it, let alone that you are from New York, even if you are not from New York, it is impossible to not know my investment skills at this time.

"In terms of investment, I'm not bad," Feng Yiping said. "Because my vision is pretty good, my strengths in investment are relatively safe. In most cases, I can guarantee that I won't lose a lot."

"Oh!" The American people watching in front of the TV all said with emotion.

It won't be a big loss, it sounds really unattractive in normal times, but recently, it's amazing.

Although there is no final data yet, relevant experts have a roughly unanimous caliber of at least 8 trillion U.S. dollars for the wealth evaporated by subprime mortgages in the United States!

This is at least, you know, the US GDP was only 14.22 trillion US dollars last year.

Therefore, the United States goes up and down, let alone those small people who have no channels for investment, even those old super-rich, whose net worth has also shrunk drastically.

Others do not say that even Buffett, who is respected as the "stock god", and his Berkshire Hathaway, suffered a huge loss of US$11.5 billion last year. This set a record for the highest loss since he entered the industry. Therefore, many public opinion commented. , He will not guarantee the late festival.

Not to mention, the previously famous companies on Wall Street nearly all died last year.

Not only that, last year, except for a few countries, such as China, most of the banks and financial companies in the world, which one did not lose money?

Under such circumstances, to be able to guarantee no loss is a great skill!

They would also understand Feng Yiping who would not lose much of such a result.

The average middle class in the United States will have the concept of investment, so they also know that wealthy people like Feng Yiping will hire specialized wealth management companies to manage their assets, but if the vision of wealth management companies is not as good as their own, why not do it yourself?

Moreover, in a commercially mature country like the United States, everyone knows that there is no institution that can guarantee that your assets will not be devalued.

At the hearing, Feng Yiping looked at Crowley. How much money did you make from the joint fund?

I want to see, dare you say.

Although this is a fact that some people in the industry know, but those guys on Wall Street will be happy to let you spread the news on such an occasion?

Barney Frank was also looking at this congressman who was rushing to ask questions. Are you going to disclose the joint fund?

That group of guys, will it count on me for making them lose face?

He is ready to intervene at any time.

"Can you guarantee that you won't lose a lot?" Crowley laughed. "I think such a promise will attract Madoff to invest in you?"

"So I really want to know how much effort did you make to make Madoff invest in you, and as you said, people like you, who are so short on time, put such efforts, just to save some of your The assets of the investors you know?"

As he talked, he laughed, his smile filled with disbelief. Who would believe there is such a person?

"It seems that it doesn't take much effort," Feng Yiping said. "I just said that I have an investment opportunity. He is willing to join, and then soon, he agreed to join."

Crowley's laughter stopped abruptly, "You let him join, and he agrees to join soon?"

"Yes," Feng Yiping looked at him with a sincere heart, "that's it,"

"That's 5 billion dollars!" Crowley said.

He looked at Feng Yiping's eyes and immediately knew that for such a person, 5 billion dollars is nothing, and for Madoff, who has defrauded at least 60 billion dollars, it does not seem to be a very large number.

"Can I ask you, can you promise him the terms?"

Barney Frank nodded in his heart, this question is considered to have been asked.

"The conditions are also very simple," Feng Yiping said, "I will not return a fixed return every month, but I can guarantee that at the end of the year, I can guarantee a return of no less than 12%."

"And, if you decide to join, you must not interfere with my investment strategy,"

There was a lot of discussion at the scene and in front of the TV, because in addition to not returning a fixed return every month, Feng Yiping's conditions were just a copy of Madoff's promise to investors.

The most distinctive one, of course, is the phrase, "Don’t bother with my investment strategy,"

Looking at the information in hand, Crowley said with a sullen face, "That is, you use almost exactly the same conditions that Madoff promised to the customer, and you can easily and successfully convince him to invest in you, and it is 5 billion. US dollars?"

"Yes, Mr. Member, that's what happened," Feng Yiping said calmly.

His attitude is still very good, but everyone can see that those impatients in his expression always struggle with such things. Is it interesting?

"I don't quite understand, because there seems to be nothing difficult to understand," he said. "Because you see, under the same conditions, Madoff can get so many investors to invest more than 60 billion US dollars in him."

Uncontrollable laughter rang out at the scene, so with Feng Yiping’s reputation, given the same conditions, attracting 5 billion US dollars of investment, what then?

At least, Feng Yiping's net worth and the market value of his company make his promises more secure.

Crowley wants to say, my point is that you must have spent a lot of energy to reach an investment agreement with Madoff, and you said you did it all for others?

But before he could ask further, a member of the second row asked, "Feng, under the same conditions, do you still accept investment now?"

That was an obvious Hispanic person, and Feng Yiping also knew it. California's Representative Joe Bakka, this was naturally a congressman who had a good relationship with him. Even the old lady Pelosi was slapped by Feng Yiping. ~www.wuxiaspot.com~ Other California congressmen, how dare you not have a good relationship with him?

At least, he won't be so stupid that he can't live with him in such an occasion.

"Sorry, we have never accepted foreign investment,"

"Oh, I know, Madoff's $5 billion is a special case," said Chowbacka. "I have to say, this is a pity."

Many people on and off the court are very worried.

If Feng Yiping's fund can also be opened to the outside world for investment, that would really be a very good choice.

Amid everyone's regrets, Feng Yiping glanced at Crowley. Crowley looked as usual, but his nose seemed to grow bigger and bigger.

Barney Frank frowned, and Joe Baka was obviously helping Feng Yiping. He even suspected that Crowley was the same. Otherwise, why did they seem to have grasped the point, but didn't ask the point?

Do you want him to avoid such an important question?

You guy, lurking deep!

He immediately took the topic again, "Feng, since you have guaranteed a return of no less than 12% for this US$5 billion investment, according to the agreement, has this investment now become at least US$5.6 billion? "

At this moment, everyone saw the helplessness in Feng Yiping's eyes, and the professionals who were watching the live broadcast had already laughed. Are you sure this is not funny?

"Mr. Member, we all know that such a contract for entrusted financial management will not have a guarantee clause," Feng Yiping spread common sense to him, "not to mention such a high guarantee clause in return,"

What's so special about you that I don't want me to spend 600 million dollars?

"Could it be that in your financial management agreement, there will always be such a high guarantee clause?"

"Hahaha," laughed suddenly inside and outside the venue.