Life at the Top

Life At The Top Chapter 1792

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,

in front of him and said in a deep voice, “Now as the chair of

will inject capital into the two major investment banks, Mayland and Colossal, in the form of capital purchases to ease the huge pressure brought on by the debt caused by the subprime

mentioned, Dugg could not sit still anymore. He suddenly opened his mouth and said anxiously, “What about Layman? Layman’s debt is the most serious among them. If we are forced to repay it, it will be enough to

seemed to have

to react like this. He was expressionless while the others looked at Dugg

knew when Greenspaner

inevitable, that this

would be Layman.

“Mr. Dugg.”

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

and selling Layman, right? Who would want to come up with tens of

largest investment bank to go bankrupt in the history

were used t o invest in the subprime market, and it’s the largest single investor in the

According to our assessment, once the subprime market collapses, Layman’s debt will soar to more than 200 billion

private capital to

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