Chapter 771 Teacher Sa

Geithner obviously made his identity very clear.

As a regulator, he could see the opacity in financial innovation transactions, the large scale of mortgage securities and the existence of systemic financial risks.

As for himself, although the CDO market has risks, there will still be no problems in the future. It can also transfer risks and even make profits through credit default swaps (CDS). This is of course a good opportunity for MIGA Fund.

Fang Zhuo understood, but he had some... admiration for this mentality of "the problem will be solved eventually".

Just listen to the president!

But CDO cannot be involved any more. MIGA Fund has already become famous. Buying CDS is enough to show its judgment on the market.

If you really want to make money with the president, you should separate a fund institution that plans to invest in "big short" Paulson, let it relatively surface, and then make money with it as the core, and use it to sponsor Obama's campaign.

Make money with Geithner in subprime debt, and then invest the money in Obama, so that Obama and Geithner can come to power and solve the problems brought by subprime debt together.

The money will not disappear, it will just be transferred from here to there.

Fang Zhuo's mind became active, thinking that this once-in-a-lifetime way to make quick money must be shared with more friends.

He listened to a few of Geithner's well-known data analysis on the real estate market, and nodded solemnly: "There are indeed many things on both sides of the coin in the market today, which must be carefully distinguished and learned. In fact, I have really benefited a lot in this regard since I came to the United States."

"A few years ago, I was confused about financial issues in New York, and I invited a professor from Columbia University to teach me. He recommended me a lot of interesting books."

"The book that I read over and over again is Paul Samuelson's "Economics."

"MIGA Fund plans to set up an economic analysis agency due to business needs. I originally wanted to ask Mr. Samuelson to take the position, but I heard that he is not in good health now. This is really a pity."

Fang Zhuo shook his head regretfully, and said with interest: "I have also read Hua Xia's translation of "Economics". I always feel that some places are not very essential, and I am looking for someone to translate it again."

Paul Samuelson, Nobel Prize winner, famous economist.

Mr. Fang's words sounded very respectful of Mr. Samuelson.

But...

Geithner smiled naturally and said, "Until now, his Economics and Samuelson's Scientific Papers are on my desk. Every time I have doubts in my heart, I can't help but flip through them."

He pondered for a moment and continued, "Teacher Samuelson's physical condition is indeed no longer suitable for the position. If Mr. Fang needs it, I think Summers may be interested."

Summers, whose full name is Lawrence Henry Summers, is a typical Jewish name. He was once a financial steward of Clinton. After loosening the financial system with his mentor Rubin, he became the president of Harvard University.

Recently, he was forced to resign from Harvard because of his offenses against environmental protection, equal rights, and women's issues.

And he is Paul Samuelson's nephew.

The surname "Summers" was changed from "Samuelson" by Robert Samuelson, Summers' father, Paul Samuelson's younger brother, in order to avoid anti-Semitism.

And Geithner is Summers' disciple.

It's fine to praise others, but praising the uncle of your own mentor is like a louse on a monk's head - isn't it obvious?

What's more, Summers and Samuelson are also of the same academic lineage. The elder Summers is the epitome of Keynesianism, and the younger Summers also firmly believes that the government should expand spending, implement deficit finance, stimulate the economy, and maintain prosperity.

It's not enough for Mr. Fang to ask for the elder Summers, but there is also the younger Summers who is in opposition again!

We are all in the same group!

Geithner believes that Mr. Fang must know the recent situation of the younger Summers, and he also thinks that increasing the income for his mentor may help improve his recent mood.

Fang Zhuo smiled with surprise and said, "Summers, is MIGA really lucky to invite him? That's great!"

At this time, the younger Summers also said, "I respect Mr. Summers very much. I think his views and decisions have helped our country's financial prosperity very well."

Fang Zhuo nodded repeatedly. It's not surprising that the younger Summers respects him. In the future, he will ask the younger Summers to contribute to economic policies.

He briefly recalled and talked about Summers' actions in the finance department, which is also one of the factors of the current financial situation.

Is the current financial situation good or bad?

There are good and bad.

The good ones are of course brought by Rubin and Summers, and the bad ones are naturally caused by the appointment of the Anglo-Saxon group by Bush, who is now on the stage. Whether it is O'Neill, Dam or Snow, the backgrounds of these housekeepers can be seen at a glance.

Geithner was aroused to talk. He did not have a good evaluation of O'Neill, Dam and Snow, but he was looking forward to Paulson's promotion.

Fang Zhuo also sincerely hoped that Paulson's promotion would bring positive factors to his own company. At least, Goldman Sachs would eat meat and he could also drink a little soup.

MIGA Fund accepted the investment, and now there is another layer of relationship with Mr. Summers.

Geithner and Mr. Fang's chat became more and more harmonious.

"Hey, you really should sit down in the office and have a good chat. Today we are here to look at the culture building of a championship team." O'Neal listened for a long time. At first he had a smile on his face, but as the topic deepened he eventually revealed some dissatisfaction.

"Of course the championship team is because of me. We have been paying luxury tax for two consecutive years, and we will have to pay the third year next year." Fang Zhuo picked up the basketball and threw it casually. This time it went into the basket. He immediately laughed shamelessly, "Look, I can still find the touch."

Seeing this, Xiao O suggested: "Let's take 5 free throws to see whether you, the champion boss, or I, the congressman, have better skills."

Fang Zhuo agreed and smiled: "Then let's add some prizes. If you win, I will give each of you a championship ring from last year and this year. If I win... then you can only say that the Rockets are your favorite team in the future."

Xiao O hesitated for two seconds and agreed to the bet.

Geithner watched the game with interest and helped pick up the ball.

1:1-1:3-3:3-4:3-4:4-4:5.

Fang Zhuo fell behind 1-3 at first, and then chased 3 goals in a row. Xiao O's forehead was sweating, and he withstood the pressure to tie. In the end, Fang Zhuo regretfully missed the shot.

O'Neal wiped the sweat off his face, laughed, imitated Mr. Fang's hat-off salute, and shouted: "This is the honor I won for the Bulls!"

Fang Zhuo had no choice but to ask someone to go to the office to get last year's Rockets championship ring, and delivered it to O'Neal on the spot, and also gave him a championship hat and a T-shirt.

As for this year's ring, it has not been designed yet, and will be given to Geithner who helps the two count after it is made.

Unconsciously, the communication between the three people became decent and comfortable.

While chatting, Fang Zhuo also promised some of the high fees that O'Neal needed for his speech in Illinois, and also proposed that the competition with Yi Ke be regarded on the same level, which is more or less a demand that has been expressed.

If you don't want to give it, you can take it, but it is not conducive to the reputation building of the congressman's work. This is not a matter of time, person, or place, but a family style and faction style.

Long-term business must be long-lasting, and it must be honest and honest.