Chapter 310

Chapter 310 Quan One is responsible for welcoming

Paul Henry O'Neill, Minister of Finance, had been at war for less than a year.

If ten days ago he wanted to summon so many American financial giants at the same time.

Being able to reach number 10 is the appeal of Paul Henry O'Neill.

But now, after this great event has happened.

Americans are more united than ever. The White House where Shrubs lives also has much greater influence than previous rulers.

Under the so-called "super-American national cohesion".

Little Laura's uncle has acquired powers far beyond his capabilities.

Over the past hundreds of years.

Only Fossloh possesses such power.

From this perspective, it is not surprising that many later generations of conspiracy theorists believe that it was he who directed it. Because from the perspective of special interests, it is true that everywhere in America he benefits the most.

From a transitional commander perhaps like his father, he suddenly took power, and you said the same thing for a while.

more powerful than its predecessors.

From this point of view, it is natural to doubt him.

Now, the incident happened not long ago, so his power has not yet been completely condensed. But much of it is under control.

Who at this time received a grand invitation from Paul Henry O'Neill to represent the small bush.

Those who do not come may be considered XX thieves in a certain sense.

In the current atmosphere and specific circumstances.

No one wants to be a thief. This is also the reason why so many people came today.

But in the end, these people cannot use money to save the market.

Even if they were called XX thieves, that's impossible..

Not to mention a hundred hearts for Paul Henry O'Neill, and fifty hearts for a bush in the White House.

I wouldn't dare describe many financial giants as XX thieves. At most, it just puts some pressure on them.

Whether it's Paul Henry O'Neill or the little bush at the White House.

In a situation where these people are obsessed with someone else, there really is no good way.

By bringing these people together, the White House did not really expect them to save the city.

Do this just to give them a warning. Even if these people can't save the market, don't think about causing trouble.

The Dow, Nasdaq and SandP dropped a lot.

If there are still people who dare to stand up for short-term work, something will really happen.

In parallel time and space, there were indeed many people responsible later.

Many people were fined or even imprisoned. If calculated strictly, at least 1/3 of the people present will be arrested.

Because a third of these people make short-selling trades after the market opens.

But Bach Phuong did not dare to catch so many at once.

Finally, such a party was formed and Paul Henry O'Neill, the Chancellor of the Exchequer, cryptically warned about these giants.

This is why Paul Henry O'Neill chose Abel among many. First of all, Abel is the youngest. No matter where you are, youth will always make people look down on you.

Second, this guy really has a deep conflict with the little bush.

In Paul Henry O'Neill's autobiography about himself in the White House published after 2004, Paul slandered and harmed George in many different ways.

Paul Henry O'Neill, who hated black and white and didn't like bushes. One way or another, he would have an opinion about Abel so he called Abel by name.

Dear Minister of Finance, I did not expect Abel to react like that.

The key lies in its response like this.

Berkshire Hathaway has a lot of money.

There's also PNC Financial Services Group, which has enormous influence on the East Coast. The two giants both stood up and spoke to Abel.

In this case, Paul Henry O'Neill could say nothing more.

"Gold is precious, but patriotism is more expensive - according to the words of the great commander Abraham."

Paul Henry O'Neill looked at Abel and Buffett, the Finance Minister had to smile:

"Very good. Very good. America is proud of you! Thank you three for your decision!"

Paul Henry O'Neill said something sharp. Abel smiled at him, then gave the same smile to the other giant crocodiles present.

Then Abel sat down. The other two giant crocodiles moved back and forth with him and sat down without hesitation.

At this moment, Paulson, CEO of Goldman Sachs Group, suddenly shouted loudly: "Applause for patriots!"

Paulson led the applause.

Richard Fuld, David Komansky and Philip Purcell, who knew Abel well. Slowly followed suit, and even Paul Henry O'Neill began clapping in the background.

Gradually, across the conference room, hundreds of financial giants across the United States began to applaud.

The applause lasted more than a minute.

After Abel started.

No matter how sincere you are, say one thing and do another. One after another, some people have come forward and said they will support the market to some extent. He believes that the US stock market will never sink like that.

But actually I heard most of them are not nutritious.

The meeting didn't last long.

It took less than an hour from start to finish. The meeting quickly ended.

Abel, Buffett and others quickly retreated without giving others a chance to interact.

The three people quickly returned to the convoy.

They were just in a stretched Lincoln, even though there were only three people left on set.

Abel opened his mouth and said:

"My target is General GE. This time its stock price fell the most and I also wanted NBC Universal Television. »

As the leader of the US stock market, General Electric's market value exceeded $600 billion at the time its stock price peaked last year.

Unfortunately, I only stayed for less than two days and came back later.

At the end of last year, its market value was just over $400 billion.

As the leading value, it constitutes an almost iconic value of technology and industry in the United States.

In this stock market crash, General Electric was hit the hardest. When the market value was at its lowest, it even dropped to 330 billion US dollars.

Even though it's still number one right now, it's still more than $20 billion behind second place Wal-Mart.

"Berkshire Hathaway will also sell. But we only choose stocks that have investment value." » Buffett said gently.

Sullivanston hesitated for a moment. In fact, the CEO of PNC Financial Services Group is simply following the trend this time.

Not long after this great event happened.

The US stock market looks set to continue falling.

Entering the arena at this time is not a good time no matter how you look at it.

But Abel and Buffett insisted on entering the market at this time. A strong ally of both, PNC Financial Services Group also appeared reluctant to try to enter the market.

Sullivanston gritted his teeth and said simply:

"PNC will follow Smith Capital and make some investments, but will not exceed half of Smith Capital's shares."

It will not exceed half, that is, it will be just less.

Probably not even one-tenth.

It seems that everyone here can exclaim: "My annual income is less than 100 million!"

Buffett ignored Sullivanston, thinking that this guy had poor eyesight.

The old man looked at Abel: "Are you really going to exchange all of your NOK 600 billion for US dollars?

"Of course." Abel smiled: "More than 72 billion, converted to more than 86 billion. I made a net profit of 16 billion US dollars.

"Isn't it 14 billion? Sullivanston was curious.

"The previous futures contracts were closed and capital costs were deducted, and there was almost a profit of about $2 billion," Abel explained. The total amount is about 16 billion USD.

Sullivanston said happily: "It's been two months and the total profit is about 16 billion US dollars?

"Not bad." Abel smiled: "But for this capital, the company's own funds only account for a quarter, the remaining commission needs to be deducted and returned to investors."

Speaking of this, Abel stopped for a moment and looked at the two financial giants:

"Even though there are still three months left this year. But I want to tell the two shareholders good news."

"Smith Capital's net profit this year has exceeded 20 billion US dollars. In other words, I have completed my first year of betting."

Sullivanston smiled happily: "I know, you definitely won't notice."

Even Buffett had a smile on his face. But this is not the main point, the three continued to discuss the next "rescue" campaign.

Finally, the reason is not mentioned.

It is in this aspect that Buffett's investment philosophy differs from Abel's.

Buffett likes to focus on value investing. He selects only a few that he believes are worth investing in and then directly repositions them. Abel wanted to diversify his holdings, buying hundreds of company shares at once.

After listening, Buffett felt a bit unreliable.

Sullivanston decides to act again with Abel, but he refuses to spend the money.

Ultimately, Abel and Buffett decided to act separately, finding each other optimistic about the company's bargain hunting.

That night. Smith Capital, Berkshire Hathaway, PNC Financial Services Group.

The three companies announced they would invest a total of $130 billion in the US stock market.

Buffett and Sullivanston were also interviewed by the Washington Post and American Sun, respectively.

The specific content of the interview between the two people is different.

But there is one thing in common: both giants expressed optimism about the US stock market. And frankly speaking, this is also Abel Smith's assertion.

also said this is part of the $130 billion relief fund.

Abel and Smith Capital alone earned $90 billion.

The next day, before the stock market opened, both newspapers were out of print in many places and sales skyrocketed.

After 9:30 am, the New York Stock Exchange opens. The situation of the market collapsing as soon as it opened for many consecutive days finally did not appear like today.

Markets remained steady throughout the morning and the stock market problems that had plagued the White House for days appeared to be recovering.

Then, over the next few days, Americans saw what Abe Smith said and did.

On September 22, Smith Capital raised the card for Microsoft Corporation, holding a 6.6% stake and 491 million shares.

After this major event, within a few days, Microsoft, the company whose highest stock price had increased from $4.05 per share to $0.92 per share, finally breathed a sigh of relief and took action. The company's stock price began to stabilize and increase. On the same day, September 22, Smith Capital also showed its cards to Apple, holding 15.9% of the shares. Since about 10% of the shares were purchased in the primary market, they were officially raised after purchasing 5.9% of the shares in the secondary market.

Indeed, according to the regulations of the US stock market, when buying a stock on the secondary market with more than 5% of shares, it is necessary to hang a publication sign and give corresponding notices for each subsequent increase or decrease. of participants until that rate is below 5%. .

On the same day, Smith Capital also owns more than 20 technology, computing and internet companies such as Cisco, Qualcomm and Motorola, holding shares from 5% to 12%. Announced total cost is about 9 billion USD and the remaining 90% is bailout money.

This makes many American leeks unhappy.

The reason is that they believe that Abel Smith's behavior of investing only in stocks of one type of company is not saving the market at all but buying money!

But for these companies, it's about saving their market value.

At least after Abel invested, their plummeting market value was finally preserved.

September 23. Smith Capital has raised its cards time and time again.

This time I changed the terrain.

For five hours a day, Smith Capital blocked General Electric, Ford Motor, General Motors, Deere, Cummins, Caterpillar and others, each with about 5%.

And announced costs were 43.5 billion USD, of which 17.2 billion USD was spent on 5% of General Electric's shares and only 41.7% of the bailout amount remained.

These companies have one thing in common: they are all manufacturers of machinery, cars and corresponding spare parts. Smith Capital's entry has significantly boosted stocks in their respective sectors and the share price has held up.

September 24.

Smith Capital has again raised capital for several companies, specifically Halliburton, Chaoshui, Schlumberger, Dejupu, ACDC and other oil and gas equipment/service companies, all for 5%, at a cost about 8 billion US dollars.

The remaining 32.8% of the relief fund.

September 24. September 25.

September 26, after Smith Capital increased its stake in General Mills to 5%.

It was announced that the $90 billion relief fund had been exhausted. At that time, the company held a total of more than 5% of the shares in more than 236 companies.

And this week, under the watchful eye of the White House. Led by giants like Smith Capital, Berkshire Hathaway and PNC Financial Services Group.

This is also the cause of the harsh attitude that George Bush constantly shows in his televised speeches.

There was also rare unity between the two sides, making it clear to everyone that this time the United States was coming for good.

The wave of sales of American leeks has finally been extinguished.

US stocks fell for a week and finally began to officially recover. After early September, the US stock market gradually recovered.

Bach Phuong Phuong naturally felt relieved.

Then decide on the first of October.

At the White House, the financial tycoons who contributed this time were invited to the party.

Like Abel Smith, who always moved forward and appeared on the front pages of many newspapers and magazines in the United States for many days in a row. Of course I received the invitation.

2001.

October 1.

At noon.

Abel's Boeing 747 slowly landed at Washington National Airport. When Abel appeared at the plane door, he saw a group of people waiting for him under the boarding ladder.

It was right inside the airport, on the tarmac, to meet him.

Her excellent eyesight allowed her to see Neil Bush in the crowd, as well as his beautiful and adorable daughter, Laura Bush.

Abel remained behind the father and son and saw a brand new Cadillac with the stars and stripes.

The banner features the Cadillac star of the United States Secret Service. In the United States, only one person has received this treatment.

Abel took a deep breath. He climbed down the elevator with a smile. After his feet touched the ground, he smiled and opened his arms to his father-in-law.

Neil also smiled and opened his arms, the two kissed. Neil Bush whispered in his ear, "Good job. George has been talking about you all day, saying you did him a huge favor this time."

"I'm just investing. I'm just investing." Abel responded with a smile.

"Hahaha~ You're right." Neil released him with a smile.

Abel jumped on top of his future father-in-law and looked at little Laura, whom he had not seen for more than a month. The young girl was one month away from turning seventeen.

Sixteen-year-old Laura showed off her beauty to Abel.

He gently hugged her and actively kissed her.

Little Laura was confused. After all, there were many people around, including his father. The charming person was already like this, she just blushed, smiled and sent a sweet kiss.

After the kiss, get in the car.

The driver was Marcus, an old acquaintance of Abel, and Neil sat in the passenger seat.

There are only two seats in the back, one for Abel and one for baby Laura.

The younger brother of the owner of the white house saw Abel curiously looking into the car through the rearview mirror. Neil Bush smiled and whispered, "The Last Army One." The prototype moved from the Cadillac Fleetwood to the Cadillac DeVille.

"I also have a modified DeVille." » Abe asked. "It seems longer?"

Neil shrugged, smiled and said: "I don't know the exact data. If you're curious, there are experts here. Marcus, tell Mr. Smith that the car you drive is extraordinary."

Marcus smiled and said, "I'd love to."

Abel thought it would take him more than half an hour to drive from here to the White House. Even though he had a beautiful woman in his arms, his father was also there.

And I don't know if the 1st Army can raise the bulkhead or not.

Oh, Neil's here.

Although it is possible to raise the partition, it is not easy to do so when the father is present.

Since you can't date beautiful people, talk about topics that men like more. Cat in the car.

Mainly introduced by Marcus, the head of the secret service team, Abel and Neil were responsible for listening and questioning.

"Gentlemen, this is not an ordinary Cadillac DeVille. This is an extended version specially produced by General Motors for Mr. Dai Dong. It is 73 cm longer than the normal version, the hood also increases by 7 .6cm."

"The entire vehicle uses special bulletproof glass 12cm thick. In terms of power, the car is equipped with an 8.0LV12 engine with a maximum speed of 180 km/h, significantly improving safety and comfort. »

8 liter engine with 12 cylinder capacity, maximum speed is only 180

Abel estimates that this car weighs at least ten to twenty tons!

"As a specially designed car, a lot of technology is naturally used. For example, the airtight interior space of the vehicle has a chemical protection function and is equipped with an independent air circulation system, which can prevent biological and chemical weapons. attacks."

Marcus introduced the two while driving.

The two of them asked from time to time.

Little Laura nearby was a little depressed but still smiled and didn't bother her.

Killing time like this, escorted by a Secret Service work car. The car quickly arrived in downtown Washington, D.C., a white house that had been burned black and stained white in the background.

"Here we are." Neil Bush smiled and said: "What's it like being in Army One?"

"It seems very good." Abel laughed and said: "And I think if Marcus doesn't work as a car salesman, it would be a waste of talent. He said I want to buy one!"

Marcus, who had already parked his car, scratched his head. He doesn't want to be a car dealer.

He also thought about working at Rock Security after retiring from the Secret Service. Marcus is looking forward to receiving treatment and receiving his salary.

Neil saw Abel smiling like that, the girl next to him was also fascinated by Abel's expression.

Neil Shrub silently sighed and whispered:

"Perhaps I can ask you a question. Of course, hanging the Tinh Tinh Ky for you is absolutely impossible. Today is the only time this will be done."

Hearing this, Abel's eyes lit up, he smiled and said: "Of course." Thank you, Neil."

Neil Shrub whispered angrily: "If you can really afford it." I need your promise that no one else is allowed in this car except you and Laura.

"Forehead"

Abel looked at his girlfriend, who was smiling sweetly at him.

"GOOD."

Abel shrugged and said.

(end of this chapter)