Life at the Top

“It’s like dominoes. Once one of the

dominoes falls, a series of chain reactions

will cause the entire building to collapse.

“Once Jasper continues to short-sell the subprime mortgage market, subprime loan products will become worthless and those subprime loan companies that borrow from the bank will face pressure t o repay their principal and interest amounts.

“The collapse of loan products will

directly affect the evaluation of housing

credit by banks and subprime loan

companies.

“Once its value drops, housing prices will collapse. Once housing prices collapse, people will find that the market value of the house they bought is far less than the loan they need to repay to the bank, so a massive wave of supply cuts will follow.

“When large-scale defaulting breaks out, banks and subprime loan companies will not be able to recover the principal and interest lent out, which will lead to the continued depreciation of subprime loan

products.

buy them. The lesser people buy them, the

is an endless

walked to the door of the office and said, “I must go to Washington

asked, “But if they ask

them find a way to save themselves. Before getting authorization from Washington, neither I nor Hamilton can help them. Capital matters should be solved with

Greenspaner said that, he left

Janet sighed helplessly and

window before and saw that the rain had started pouring outside the

rain

was about to take a short break during the half-hour of settlement of transactions in the subprime market

Jasper saw two tall white

the president of

man in the lead stood up politely and gave some photos

smile and glanced at Wellington with a meaningful

life, Jasper often imagined