Chapter 2537 Arrival

The issue that Paulson wanted to discuss with Feng Yiping was the share price of Bear Stearns after it was acquired.

This was one of the two difficult problems in their solution.

It is certain that there will be differences of opinion between the board of directors of Bear Stearns and the board of directors of the company that acquired Bear Stearns on this issue.

Naturally, one wants more and the other wants less.

In fact, Paulson and Geithner also disagreed on this issue.

He thought it should be low, because it was mainly the irresponsible behavior of those guys at Bear Stearns that caused the current embarrassing situation.

Therefore, he thought the price should be low, a low with a punitive nature.

As a CEO, he believed that such behavior of ruining his own company and forcing society and the public to rescue it must be punished.

Otherwise, wouldn't it be the same as the Chinese stock market?

This is a moral issue, and it is more about justice.

Of course, on this point, he is sure that he can stand firm.

During his time on Wall Street, he knew that he was engaged in a high-risk industry. He was always worried that one day he would face a problem that was equivalent to life or death for bankers: all investors would choose to withdraw their funds, and all debtors would come to collect debts.

In order to avoid bankruptcy and closure in such an extreme situation, causing losses to shareholders and affecting other peers, he had been preparing for such a situation during his time at Goldman Sachs.

He rented a safe in the Bank of New York, and stuffed it with high-quality bonds that they would not sell or lend, but could be quickly converted into cash or used as cash when needed.

He recently estimated that without considering the increase in the share that his successor, Lord, should have, even if those accumulated during his tenure, even in the current situation where those bonds inevitably depreciated to a certain extent, their value would still be more than 60 billion US dollars!

Although this is not an amount sufficient to deal with the most extreme situation, he believes that if Wall Street companies including Bear Stearns can have such confidence at this time, then he will not be so anxious.

But Geithner's opinion is that in order to quickly reach a deal, the opinions of Bear Stearns' management and shareholders should be taken into consideration.

That is, their interests should be taken into consideration.

This is a question that Paulson feels a little difficult to decide now, so he wants to ask Feng Yiping for his opinion.

But since he hung up the phone in a rage, it is not easy to call back.

At this time, he even began to examine himself. Is it because of too much pressure, is it because of such an unprecedented challenge, and because Feng Yiping's understanding of the current crisis is beyond the reach of ordinary people, and he also has a systematic and practical solution to deal with the current crisis, so he has become dependent on him in this regard?

It is okay to admit that you are not as good as others in some aspects, but if you rely on Feng Yiping in solving this crisis that concerns the US economy, this is absolutely not allowed.

This is also something that he, who is proud, cannot accept.

However, he just began to examine and introspect, and immediately found that he did not have that kind of time at the moment.

He just arrived at the office and didn't take out the things in his bag when he saw his deputy Steele hurriedly push the door in.

Just by looking at the expression on Steele's face, he knew that what was coming had finally come.

But strangely, at this moment, he felt that he could finally settle down. Perhaps it was because he had discussed the general plan with Feng Yiping, and had already formulated an outline of action with Geithner?

"Hank," Steele said hurriedly, "Bear Stearns' lawyer told me that Bear Stearns is currently facing severe liquidity problems,"

"On Monday, they still had $18 billion in cash, but now there is only less than $200 million left,"

Paulson was not surprised at all when he heard this. What surprised him was why Feng Yiping called just before this?

It seemed that he knew more about this matter than himself.

But at this time, there was no time to think about these things. "Thank you, Steele," he sat down and started to make a phone call. The first call was naturally to Geithner of the New York Federal Reserve. "Geithner, yes, the expected situation has happened. We have no time to delay. It is time to act. You are responsible for **** Jamie Dimon,"

****, he and Geithner selected, the most suitable successor of Bear Stearns. JPMorgan's CEO at this time was Dimon.

"I'm responsible for Bear Stearns CEO Alan Schwartz,"

Such a division of labor was naturally the result of their discussion. They wanted Bear Stearns to feel the pressure from the government, that is, the premise of government rescue was the control of Bear Stearns.

Gettner was not as calm as Paulson, "Is the time up?"

"By the way, Geithner, when you talk to Dimon, you must remind him of one thing, that is, the debt of more than 2.7 billion US dollars between Bear Stearns and a fund. This debt must be given priority in the subsequent processing,"

Who knew that Geithner actually asked, "Is it the fund of the four Silicon Valley people?"

Paulson was stunned for a moment, but when he thought that the real initiator of the fund was Feng Yiping, he immediately felt that there was nothing to be surprised about, "Yes,"

"Okay Hank, I will make sure Dimon realizes this,"

After ending the call with Geithner, Paulson was about to call Allen, the CEO of Bear Stearns. He suddenly realized that when the matter really came, he was not as anxious as he imagined?

If I were still the Secretary of the Treasury, then I would definitely let Feng Yiping be my special adviser at any cost. Paulson, who was holding the phone, suddenly had such an idea.

…………

At one o'clock in the afternoon, Feng Yiping, who didn't know that he was somewhat dependent on a bald old man, was already relaxing in the indoor swimming pool of the Los Gatos villa.

Thanks to the 8-hour time difference between London and San Francisco, he had the opportunity to go home for a short rest.

The part of Huang Jingping's gene that belongs to the strong woman is gradually showing up. After leaving the airport, she left him and went straight to Mantingfang, who had been away for a few days.

Feng Yiping chose to come here because he wanted to see his two children at the same time.

But the children hadn't arrived yet, but their mother had.

He was taking a nap by the pool and was awakened by the splashes on his face. "Hi," Ma Ling squatted by the pool with a smile on her face.

Feng Yiping noticed that she didn't even take off her high heels and her bag was still on her shoulder. She must have trotted all the way in.

"Come here," Feng Yiping sat by the pool and waved at her.

"I heard that the houses in London are very beautiful?" Ma Ling kicked off her shoes, rolled up her trouser legs, sat down next to him, and asked when Feng Yiping hugged her.

She was trying to find something to say.

It seemed that she was a little shy because she hadn't seen him for a few days and suddenly saw Feng Yiping in swimming trunks.

When she was in the bedroom, she had the bold style of an American woman, but in some places outside of that, or at some times, she would be a little embarrassed.

So, every woman is contradictory.

But Feng Yiping likes her in all states, and knows how to make her enthusiastic.

Soon, Ma Ling had no chance to speak.

Feng Yiping looked at Ma Ling, who was lying in his arms, breathing with eyes closed, and blushing on her face, and thought to himself, my breath-holding is not in vain.

"Yes, Jingping also thinks that we can consider letting the children go to the school over there,"

"But I don't want Vincent to leave me,"

"Me too, just like I don't want you to leave me,"

"Really," Ma Ling opened her eyes and raised her hand so that Feng Yiping could take off her suit jacket. She soon found that today's clothes were a bit mismatched. It shouldn't be a suit, and it would be better to wear a skirt underneath.

But for Feng Yiping, who is good at understanding clothes, this is not a problem.

However, after the two of them slid into the swimming pool, he encountered an obstacle, "Wait, wait," Ma Ling tried her best to hold him open, "Today a colleague told me that I look a bit like Nicole Kidman?"

Suddenly, Feng Yiping was more troubled than Paulson at this moment...