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Chapter six hundred and thirty eight turning point

The Jian River in late autumn has a unique scenery. The weeping willows on both sides are still flowing, the trees are still green, and the lawns are still dotted with wild flowers. The ladies rafting on the boat are still holding parasols with reserve...

But in the distant countryside, the yellow color after the prosperity is lost is the mainstream. The sun is hanging high in the sky, while the river wind has already made people sober.

But there are no fewer people rowing and river cruises at all, or more.

Feng Yiping guessed that these people probably wanted to enjoy this kind of fun before the cold winter came.

It was the first time he was rowing on the Jianhe River. Under the control of the bow of the boat, he shook his arms and the canoe seemed to swim forward quickly.

However, this thing seems freehand, but it is really not easy to do, and the arms are sore soon.

But the greater disappointment comes from other aspects.

Just like when he entered the alleys in Jiangnan, he was looking forward to meeting a lilac-like girl. Every time he came here, he hoped that he could finally wave his sleeves without taking away a cloud.

But the premise is that there must be clouds!

But what about such a proud and cold British beautiful lady? Why didn’t I see another one?

I have passed so many bridges, okay?

In the end, I could only sigh again?

It was a coincidence that when it came to the Bridge of Sighs, he really stopped.

"President Feng," Li Ruiyuan's voice sounded anxious. "The British government has taken action. They announced that they would inject 5 billion pounds into British banks and also guarantee their 25 billion pounds debt."

"Is that so?" This is news that surprised Feng Yiping.

This also made him feel that at some specific times, procrastination is not just a bad thing.

He believed that Paulson and the others, who were holding hundreds of billions of dollars in his hand at this time, but were unsure of what to spend, must be the happiest group of people.

Now that they can finally follow the trend and directly inject capital into banks without worrying about this, they will be criticized by those who believe in the "market economy".

But wait, is the reason why Paulson and the others hesitated because they had long judged the situation and calculated all this, knowing that it was just like a savage announcement of a temporary ban on shorting financial institutions, there would be a younger brother who would be in front of them to open the way?

If we talk about this British Communist Party, it is truly a famous leftist.

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

This style is really similar to us.

——At this time, there is no end to the 10th Tangning Street. It’s not that we are left-leaning and radical enough to ignore the market economy, but that we really have no other choice.

Americans can hesitate that they can make 3 of the five major investment banks on Wall Street lose their 5 investment banks, and dozens of banks of all sizes or more, but how can our financial strength afford such losses?

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

Let’s talk about the transaction you are about to complete, although it touched the hearts of many British people, but the important party in the transaction will soon come from Germany?

North Rock Bank collapsed. Last month, even our largest financial insurance and mortgage bank, the Halifax Bank in Scotland, had gone bankrupt. Now even our oldest Scotland Royal Bank, is almost unable to hold on. How can we hesitate?

"I think the US government will finally not have to hesitate and will immediately inject capital into banks directly?" Li Ruiyuan continued to analyze, "Does this mean that this crisis has entered the later stage?"

The direct injection of capital into banks by the British and US governments actually means nationalizing these banks, which means that the government will provide the bottom line for these banks. That is, everyone will no longer have to worry about their deposits and investments in these banks and will not be unable to get them back.

"Mr. Li, I agree with your judgment. I think that after Britain takes decisive action, not only the United States, but more other countries that are in crisis will follow up quickly," he said.

"This does mean that the possibility of a complete collapse of the financial system will no longer exist. The financial crisis does begin from now on and enter the later stage,"

He heard that Li Ruiyuan on the other side gave out a heavy breath, and it sounded a little lost.

When the crisis enters the late stage, this naturally means that their opportunities have been much less from now on.

Heroes come from troubled times. Similarly, when financial institutions are in chaos, they have many opportunities.

Doesn’t Feng Yiping feel a little regretful?

You said you are a country famous for your gentleman and corruption. Can you not always be such a pioneer? Can you not always be anxious about what your American elder brother is anxious about?

Can't you delay it again?

"Mr. Li, don't feel regretful. With the achievements we have achieved, how can we still use regrets?"

Li Ruiyuan also smiled, "Mr. Feng, you are right. Our gains have been great enough for this crisis. I just..."

"I wonder how long it will take to meet such an opportunity next time, so I don't want it to pass like this for a while."

When Li Ruiyuan thought about the days when he made money everywhere, he couldn't help but feel reluctant to leave.

"Haha, Mr. Li, don't care too much. We don't only make money in times of crisis, right?" Feng Yiping said, "Besides, although the crisis begins to enter the later stage, that does not mean we have no good opportunities."

"Hehe, Mr. Feng, you're right," Li Ruiyuan remembered the acquisition that was about to be handed over, and then thought about other plans that the company is underway. Yes, as long as Mr. Feng is here, you won't have any trouble without a chance.

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

…………

October 13th, another Monday.

After more than ten days after receiving more than 800 billion US dollars, and after many European countries had taken action, the United States finally took action.

Paulson and Bernanke, the two giants in the United States who dealt with the financial crisis, finally made the final decision: Like their European counterparts, they directly inject capital into banks, that is, to directly purchase bank shares.

After the emergency meeting finalized the relevant details, just like when rescuing Lehman, they once again gathered the most influential bank bosses in the United States, and also notified them as hard as the last time they rescued Lehman that the government would inject funds into their banks without any room for negotiation!

In response to this, like Morgan Stanley, who was on the verge of collapse, finally breathed a sigh of relief. While calling out "It's so dangerous" 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 is from California and has a good business condition. He just snatched the fat piece of American Union into Wells Fargo from Citi. However, he said a little, we don't need to inject capital, because we are not short of money!

Paulson immediately retorted, "We have some means to make you short of money right away!"

To be honest, when the government's senior executives in charge of the economy become savage and hooligan, banks really become vulnerable.

Under Paulson's tyranny, Fuguo had to sign the capital injection agreement obediently.

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

On the plane back home, Feng Yiping once again complained about regret when he saw this news. It was a pity. If he could predict this, how pleasant would it be to go long on the US stock futures in advance?

What a pity!

He sighed while closing his eyes and falling asleep.

…………

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

Besides, our stock market is already worried and heartbroken, okay? It doesn’t matter if you are from the United States and Europe.

But on this day, another news made many Chinese people excited: Feng Yiping successfully won the landmark building of the London City of London, the 30th St. Mary Ax.

What, you don’t know what is the 30th building of St. Mary Axe? Then the London Eye should know. This 30th building of St. Mary Axe is the building that often appears immediately after the London Eye... Yes, it’s that little cucumber!
Chapter completed!
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