There are three credit rating agencies in the United States in different time and space, and the credit ratings rated by these three institutions are basically universally applicable to the world.

After all, the United States is a credit society, so credit rating agencies have a very important role, and they earn a lot of wealth every year, which is unimaginable.

But even so, these three rating agencies will still make unreliable ratings for a little bit of "small profits". They have to say that they dare to do anything for money.

Of course, there is one key factor in the impact, that is, if the three institutions do not do this, their customers will go back to other rating agencies and give the money to other guys.

Therefore, in order to keep customers, the rating agency has to make inconsistent ratings "unswervingly".

In addition to the money they can get to get a normal rating, they will also charge additional benefits in secret, so why not do this business?

Anyway, it's enough that the public outside doesn't know.

Therefore, those subprime mortgage combination bonds that are worthless and composed of junk mortgages have finally turned into excellent financial products with a credit rating of AAA, and are then sold to investors who are unaware of the inside story.

It can be said that these guys are extremely dark.

But then again, which of these capitalists on Wall Street is not unscrupulous? If they are not unscrupulous enough, they will not be able to survive on Wall Street, because this is a pond full of big crocodiles. If you want to survive, you have to swallow others.

"I received news that rating agencies are preparing to lower the credit rating of Wheatston Bank, mainly because of Nedahua's oil interests, so as you can see, those three credit rating agencies have become completely lackeys of those guys on Wall Street and have lost the justice they deserve."

While Kim Hyun-tae was pondering, Annie said something to him with some ease. It was obvious that Annie felt that those who did this were a bit boring in order to obtain shares in Nevada Petroleum Company.

Upon hearing this, Kim Hyun-tae sighed and took over Annie's words.

"I've learned that behind the three credit rating agencies, S&P, Fitch and Moody's, there is a complex shareholding structure, which is basically supported by the financiers on Wall Street, so it's not surprising that they use it."

Annie nodded in a very good look on her face, which was considered to be Kim Hyun-tae's words.

"These guys are both referees and athletes. This is really a bit criticized. But if I put me on their side, I might be the same as them, so I can't blame them now.

But I think it's time for me to have my own credit rating agency, otherwise I'll be led by them in the future. I'm very upset about such a thing."

Annie's words are correct. It is true that the rating agency is controlled by the other party. This is not a good thing for Annie. After all, the public will blindly follow. Once Annie really says that the credit rating of the Wheatston bank is reduced, it will have a great impact on her.

Therefore, if you want to confront those people on Wall Street, you must have your own credit rating agency before you can directly confront the other party.

(Americans are just this routine. Although what I wrote is not very accurate, the Americans' routine is absolutely correct. Let's see if Americans are very vulgar.)

From Annie's reaction, she was very serious about this matter, so Kim Hyun-tae whispered: "This matter is not that easy, it's just these three rating agencies for so many years. Obviously, this field is collectively controlled by those guys, and they will not allow another agency to be born.

If it were possible, others would have done this long ago. Is it only you who see the disadvantage? Not everyone is fool."

Indeed, Anne is not the first to see the disadvantages in this area. Someone has seen the dark side behind credit rating agencies a long time ago and has tried to get rid of the clampdown.

Unfortunately, it cannot succeed in the end.

After all, behind the three major credit rating agencies is the interests of all the financial tycoons on Wall Street. When someone wants to touch this area, if these financial tycoons unite, who can compete?

The same goes for Anne.

Although she now has a lot of wealth and looks like she has the power to compete with these guys, it is actually impossible for Anne to fight against Wall Street alone.

Plaza Agreement Anne made a lot of money, but the same Wall Street tycoons made a lot of money.

From the perspective of financial resources alone, they even have more money than Anne, so Anne is at a disadvantage in terms of financial resources.

And so is the connection.

So many Wall Street tycoons have more connections than Anne alone.

His financial resources and connections are not as good as others. Anne wants to involve the credit rating industry, and any fool can see the difficulties in it.

It’s no wonder that Kim Hyun-tae reminded Annie.

However, Annie did not look back at all, but looked full of confidence. This made Kim Hyun-tae very curious, curious why Annie was so confident.

Soon, Annie's words unraveled Kim Hyun-tae's curiosity.

Then Anne said to Kim Hyun-tae: "As you said, this area is controlled by the guys on Wall Street. It is fundamentally possible for ordinary people to enter this industry. Even if I want to touch the interests of this area, they will be strangled and swallowed by these people.

Of course I wouldn't have done this before, but now it's different. I saw an opportunity, an opportunity to enter this industry. I would like to thank you for this."

Kim Hyun-tae looked shocked. He didn't know why Annie said that. It seemed that he had nothing to do with this matter.

Looking at Kim Hyun-tae with a look of surprise, Annie explained with a smile: "The subprime mortgage crisis, isn't this an opportunity? This will make the credit of the rating agency they have mastered go bankrupt and completely lose the trust of the people, so this is my good opportunity.

At that time, I still need your West Coast media to expose these inside stories. This way, no matter how much they make a quibble, I can take advantage of the situation, even if they react, there is no way."

Kim Hyun-tae really didn't think about this problem, and after hearing Annie say this, he suddenly realized it.

Not to mention, Annie's plan has a very high success rate.

Kim Hyun-tae experienced the subprime mortgage crisis in another time and space.

Although he was a dilapidated at that time and the subprime mortgage crisis did not affect him much, he could also see a few things from the TV news every day.

In short, the world's economy is wailing, which is not an exaggeration at all.

Only China, which has a relatively special economic structure, is a little better, but it is also affected by the global economic crisis caused by subprime mortgages.

It was also from that time that the credit rating agencies in the United States completely turned into garbage and no one believed it anymore.

Therefore, if Anne takes this opportunity to enter this industry, there is really a great possibility of success.

"Do you know when this matter will break out?"

Kim Hyun-tae asks Annie.

Annie thought for a while and replied: "It is estimated that it will break out around 2020. This year is 2018, which is to be two more years."

Basically, Annie's statement is similar to Kim Hyun-tae's personal statement.

So Kim Hyun-tae nodded and said, "It's basically the same as my conclusion. I also think it's going to be around 2020, but I still think the time is a bit slow. It would be great if I could get a little faster. After all, the deposit I have to pay is as much as 330 million US dollars every month, and I feel a little distressed for this money."

Indeed, Kim Hyun-tae’s bet is not done with the money.

He also needs to pay a large margin every month, and this margin is paid according to proportion, so he needs to pay a lot every month.

Based on Kim Hyun-tae's monthly margin of more than 300 million yuan, he will have to pay more than 10 billion US dollars of margin by around 2020. This is definitely not a decimal, and it is not a fault that he complains about this.

Moreover, the subprime mortgage bond collapsed around 2020, which is just the personal judgment of Kim Hyun-tae and Annie. What if it doesn’t collapse?

This is not impossible.

Once this happens, Kim Hyun-tae's deposit needs to be paid, which is a very painful thing.

Of course, Kim Hyun-tae also knew very well that the crisis of subprime mortgage bonds would break out sooner or later, so this was his confidence and the confidence to pay the deposit.

If it were an ordinary person, just deposit would scare him to have no idea, or simply retreat.

But such a monthly payment of the deposit will still make Kim Hyun-tae feel less comfortable.

When Annie heard Kim Hyun-tae complain about this, she smiled "haha" and raised her hand and patted Kim Hyun-tae twice on the shoulder, then said to Kim Hyun-tae: "I can't tell, you are still a very wealthy guy.

But you don’t think about how much benefits you will make when the subprime mortgage bonds collapse, so what is the margin you pay? It really makes me laugh to death. Your side of money-loaning is really cute.”

I, a big man, was called cute, are you mistaken?

Kim Hyun-tae's face turned red, and she was a little depressed by Annie's words.

You should know that Kim Hyun-tae's soul age is older than Annie.

But now he was actually said to be cute by Anne, a 27-year-old girl. How could you not be embarrassed by Kim Hyun-tae, the "old man".

Looking at Kim Hyun-tae with his face flushed, Annie felt more and more interesting as she looked at it.
Chapter completed!