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.
saying is, since 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 form of capital purchases to ease
Layman’s debt is the most serious among them. If we are
seemed to
react like this. He was expressionless
when Greenspaner said
was inevitable, that
would be Layman.
“Mr. Dugg.”
the authority of the Federal Reserve is not unlimited. Moreover, this is the opinion given by the top strategy
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
in the history of the
Dollars, but 60% of the assets were used t o invest in the subprime market, and it’s the largest
at least 80 billion US Dollars from this market over the past ten years. According to our assessment, once the subprime market collapses,
find private capital
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