Chapter 573 Red Line
Peanutstown District of Columbia.
The dispute in South Ossetia was smashed by Russia, and it was already ruined.
In this process, although the American Arlei Burke destroyer had already arrived in the Black Sea, he was constrained by the red line drawn by Russia that could only throw a pile of mineral water and medicines to the anticipated Saakashvili, and left in shame.
But it was not easy to completely leave the Black Sea, so he wandered further away, condemning and calling on both sides of the conflict to remain polite and calm. He probably was still afraid of this fur bear, he really dared to take action!
In short, although they tried the bottom line of Mao Wang, they were even more disgraceful in the international situation, among allies, and in front of their brothers. It can be said that they lost both face and inner self...
As a last resort, politicians had to put their energy back to the economic field honestly. As a result, Paulson, whose hair was getting less and less and his voice became hoarse, became the central figure again.
At this time, in the Treasury Conference Room, Fannie Mae's executive team, who was called up, was presenting a beautifully made copy to Paulson and the leaders of the Federal Housing and Finance Bureau.
However, the content expressed in this article is not beautiful at all. In a word, we have tried our best, but we can no longer get a penny from the market.
In other words, we can't do it anymore.
During the demonstration, Daniel Mad, who served as the president of Fannie Mae since 2004, and several vice presidents have been paying attention to Paulson sitting opposite him.
It seems that things are good?
Because of his usual pickyness, he had interrupted their presentations and even spoken several times before, and repeatedly asked questions about some questions until Paulson, who received his satisfactory answer, was very quiet this time. Although his face was very serious, he would nod from time to time.
This made Made and the others feel a little relieved. It seems that he understands our difficulties.
Then it seems that the situation will be more optimistic.
After the demonstration, Made began to speak, of course, using the set of rhetoric they most hoped to use, "Everyone, we have been working hard to raise funds in the past month. It should be said that our results are also good,"
"After trying our best, we finally got this number close to $8 billion,"
The Minister of Finance, whose shallow scar can be seen on his forehead, immediately recalled that the number should be US$7.4 billion, not nearly US$8 billion.
"But unfortunately, we have no more ways to raise funds now," Ma De looked sad, "and everyone must be very clear about the difficulties we are facing at the moment."
Of course we know the difficulties you are facing, which is a big problem that cannot be solved even by $74 billion.
“We have repeatedly examined the current situation and we found that, most importantly, our capital adequacy ratio still meets the statutory requirements,” he said.
What this means is that their debt ratio, their capital and risk capital ratios, meet the statutory requirements, and regulators cannot take measures against them.
"The reason why we face the current dilemma is mainly because of the market and the general environment,"
Could it be that such a terrible market and environment were not formed by you?
"We also have to say that the reason why Fannie Mae faces the current dilemma is closely related to the federal government's requirements,"
“For a long time, multiple governments have repeatedly asked us to make more efforts to buy more mortgages for the purpose of allowing more people to own housing.”
Paulson couldn't help but think of some of his international peers, especially those in China.
They have previously criticized their Chinese counterparts for intervening too much in economic activities, which actually caused unfair and unfair competition.
But now it seems that at least Chinese colleagues have their own difficulties.
Ma De's next speech made Paulson even more appreciative of his Chinese counterparts.
“In view of the current market situation and the difficulties we are facing, we hope that the Ministry of Finance and the Fed can provide urgent assistance to us, and I represent the management
Chapter completed!