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.

sacrifice is inevitable, then our enemy must pay the

of him and said in a deep voice, “Now as the chair of the Federal Reserve, I’m making the

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

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

to have

He was expressionless while the

when Greenspaner said

was inevitable, that

would be Layman.

“Mr. Dugg.”

the 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, this is the opinion given by the top strategy team in Washington, so I

right? Who would want to come up with tens of billions of dollars to save

history of the United States.

total assets of 130 billion US Dollars, but 60% of the assets were used t o invest in the subprime market, and it’s the largest single investor in the United

from this market over the past ten years. According to our assessment, once the subprime market

private capital