Life at the Top

Then, he said, “The current situation is very critical. I have communicated with the team in Washington. We agreed that the financial turmoil triggered by the subprime market is inevitable.

“And this…”

“Was caused by that man from Somerland.”

Greenspaner’s tone sounded a little

complicated and angry at this time.

“This person will become the enemy of the United States.

“But!”

Greenspaner suddenly raised his voice. He said, “Every one of you here is not innocent. Couldn’t you see the risk in the subprime market?

“You have seen it a long time ago and you are even the instigators of this huge risk. However, you didn’t care, all you see are the huge profits and benefits. You didn’t expect this day to come so soon.

inevitable, then our enemy must pay the

said in a deep voice,

into the two major investment banks, Mayland and Colossal, in the form of capital purchases to ease

Layman? Layman’s debt is the most serious among them. If we are forced to repay it, it will be enough to make Layman go bankrupt instantly. Are the Fed not going to consider injecting capital into

seemed to

was expressionless while the others looked at Dugg

knew when Greenspaner said

was inevitable,

would be Layman.

“Mr. Dugg.”

“The debt of Layman Investment Bank is too large, and the authority of the Federal Reserve is not unlimited. Moreover, this is

there and selling Layman, right? Who would want to come up with tens of billions of dollars to save Layman right

inject capital into Layman, once Layman collapses, it will become the largest investment bank to go bankrupt in the history of

of 130 billion US Dollars, but 60% of the assets were used t o invest in

the past ten years. According to our assessment, once the subprime market collapses, Layman’s debt will soar to more

private