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.

saying is, since sacrifice is inevitable,

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

Colossal, in the form of capital purchases to ease the huge pressure brought on by

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

to

He was expressionless while the others looked at Dugg with

knew when

was inevitable, that this

would be Layman.

“Mr. Dugg.”

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

capital market? You mean finding a buyer out there and selling Layman, right? Who would want to come up with tens of billions of dollars to save Layman right

go bankrupt in the history of the United States. You will b e the ones creating a black

60% of the assets were used t o invest in the subprime market, and it’s the largest single investor in the United States subprime

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

find private capital to