America's Road to Wealth

Paul Henry O'Neill, finance minister who has been in office for less than a year.

If he had wanted to summon so many American financial giants at once ten days ago.

To be able to come to one-tenth is already a sign of Paul Henry O'Neill's charm.

But now, after that big thing happened.

Americans are united as never before.

The white house inhabited by bushes has also gained influence far beyond that of previous commanders.

Under the phenomenon that came to be known as "Super-American National Cohesion."

Little Laura's great-uncle has gained power far beyond his capabilities.

Looking at the past hundred years.

Only Vossloh has such power.

From this point of view, it is no wonder that many conspiracy theorists in later generations said that he was the leader.

Because from the perspective of vested interests, he has indeed gained the most benefits in the United States.

From a transitional leader who may be like his father, he suddenly has the power, and for a period of time you can tell the truth.

It has more power than previous predecessors.

From this perspective, it seems normal to doubt him.

The incident had just happened not long ago, and his power had not yet been fully consolidated.

But a large part of it has been mastered.

At this time, who received a big invitation from Paul Henry O'Neill, who represented Little Bush.

Anyone who doesn't come can be regarded as a thief in a sense.

In the current special atmosphere and circumstances.

No one wants to be a thief.

This is why so many people came today.

But after all, it is impossible for these people to use money to bail out the market.

Even if they are labeled as thieves, it is impossible...

Besides, give Paul Henry O'Neill a hundred balls, and give the bush in the white house fifty balls.

I dare not call so many financial giants XX thieves.

At most, it just creates some pressure for them.

Whether it's Paul Henry O'Neill, or the little bush at the White House.

In the case where these people are acting against the will, there is actually no good solution.

Calling these people together, the White House does not really expect them to bail out the market.

Doing so simply gives them a warning.

Let these people not try to cause trouble even if they don't bail out the market.

The Dow Jones, Nasdaq and S\u0026P have fallen so much.

If anyone dares to stand up and go short, something will really happen.

In parallel time and space, many people were indeed held accountable later.

Many people were fined and some even went to jail.

If we were to count strictly, at least one-third of the people present would be arrested.

Because these one-third of people have done short selling after the market opened.

But Bai Fangfang didn't dare to catch so many at once.

In the end, such a party was held, and Paul Henry O'Neill, the finance minister, gave a subtle warning to these giants.

The reason why Paul Henry O'Neill singled out Abel among so many people.

First of all, Abel is the youngest. No matter where he is, being young will always make people look down upon him.

Secondly, this guy really had a deep conflict with Xiao Shu.

In Paul Henry O'Neill's autobiography about his time in the White House published after 2004, Paul slandered and disparaged George in various ways.

Paul Henry O'Neill, who hated crows and disliked bushes.

He had some opinions about Abel, so he named Abel.

The Finance Minister did not expect that Abel would answer like this.

The key is after he answers like this.

Berkshire Hathaway has a lot of cash.

There is also the PNC Financial Services Group, which has huge influence on the East Coast.

The two giants came forward and spoke out together with Abel.

In this case, Paul Henry O'Neill could say nothing more.

"Gold is precious, but patriotism is even more valuable - the words of Commander-in-Chief Abraham."

Paul Henry O'Neill looked at Abel and Buffett, and the Finance Minister had to force a smile:

"Very good. Very good. The United States is proud of you! Thank you three for your decision!"

Paul Henry O'Neill said it somewhat dryly.

Abel smiled at him, and then showed the same smile to the other giant crocodiles present.

Then Abel sat down. The other two giant crocodiles who were advancing and retreating with him did not hesitate and sat down.

At this time, Paulson, CEO of Goldman Sachs Group, suddenly shouted: "Applause for the patriots!"

Paulson led the applause.

Richard Fuld, David Komanski, and Philip Purcell, people who knew Abel well.

Slowly they started to applaud too, and even Paul Henry O'Neill started to applaud later.

Gradually, hundreds of financial giants from all over the United States began to applaud in the entire conference hall.

The applause lasted for more than a minute.

After the beginning of Abel.

No matter what you mean, you still say one thing and do another.

One after another, people came forward and expressed that they would support the market to a certain extent. Said that the U.S. stock market will never sink like this.

But in fact, most of them are not nutritious.

The meeting didn't last long.

From entry to end, it took less than an hour.

The meeting ended quickly.

Abel, Buffett and others quickly evacuated, not giving others a chance to come into contact.

The three quickly returned to the convoy.

They were in a stretch Lincoln when only three people were left at the scene.

Abel then opened his mouth and said:

"My target is GE. Its stock price has fallen the most this time, and I also want NBCUniversal Television."

As the leader of the U.S. stock market, General Electric's market value once exceeded US$600 billion when its stock price reached its peak last year.

It's a pity that I only stayed for less than two days and fell back later.

By the end of last year, its market value was only over $400 billion.

As a leading stock, it is almost still a symbol of American technology and industry.

General Electric was the hardest hit during the stock market crash.

When the market capitalization was at its lowest, it even fell to US$330 billion.

Although it is still number one, there is only a gap of more than 20 billion US dollars between the second place Walmart.

"Berkshire Hathaway will also take action. But we only choose stocks with investment value." Buffett said softly.

Sullivan hesitated. In fact, this time the CEO of PNC Financial Services Group was just following the trend.

Not long after this big event happened.

The U.S. stock market looks set to continue falling.

Entering the market at this time is not a good time no matter how you look at it.

But both Abel and Buffett insisted on entering the market at this time.

PNC Financial Services Group, a solid ally of the two, is also hesitant to try to enter the market.

Sullivan gritted his teeth and said simply:

"PNC will follow Smith Capital and make some investments, but it will not exceed half of Smith Capital's share."

It won't be more than half, that is, it will be lower.

Probably not even a tenth.

It's like everyone here can say loudly, "I earn less than 100 million a year!"

Buffett ignored Sullivan. He felt that this guy had poor vision.

The old man stared at Abel: "Are you really going to convert all of your 600 billion Norwegian kroner into US dollars?"

"Of course." Abel smiled: "More than 72 billion, turned into more than 86 billion. I made a net profit of 16 billion US dollars."

"Shouldn't it be 14 billion?" Sullivanston was curious.

Abel explained: "After closing the previous futures contract position, after deducting the capital cost, there was almost a profit of about 2 billion US dollars. The total amount is about 16 billion US dollars."

Sullivan said happily: "That's two months, and the total profit is about 16 billion US dollars?"

"Not bad." Abel smiled, "But this part of the funds is only a quarter of the company's own funds, and the rest has to be deducted from commissions and returned to the investors."

Having said this, Abel paused and looked at the two financial giants:

"Although this year will not be completely over for another three months. But I want to tell the two shareholders good news, that is."

"This year Smith Capital's net profit has exceeded US$20 billion. In other words, I have completed our first year's bet."

Sullivanston beamed, "I knew it would definitely not be a problem for you."

Even Buffett had a smile on his face.

But this is not the key. The three people continued to discuss the next "rescue" action.

In the end, no solution was discussed.

Mainly in this regard, Buffett's investment philosophy is different from Abel.

Buffett likes to focus on value investments, selecting only a few that he thinks have investment value, and then directly investing heavily in them.

Abel wanted to diversify his holdings and buy hundreds of companies' stocks at a time.

Buffett felt a bit unreliable after hearing this.

Sullivanston decided to follow Abel again, but he would not spend any money.

In the end, it became Abel and Buffett who decided to act independently and watch their own companies to buy lows.

That night.

Smith Capital, Berkshire Hathaway, PNC Financial Services Group.

The three companies jointly announced that they would invest a total of US$130 billion in the US stock market.

Buffett and Sullivanston also accepted interviews with the "Washington Post" and "The American Sun" respectively.

The specific content of the interviews between the two men differed.

But one thing they have in common is that both giants have expressed their optimism about the U.S. stock market.

And to put it bluntly, this is also Abel Smith’s insistence.

He also said that it was in the US$130 billion bailout fund.

Abel and Smith Capital alone spent $90 billion.

The stock market had not yet opened the next day, and the two newspapers were sold out in many places, and sales surged.

After half past nine, the New York Stock Exchange opened.

The situation of plummeting as soon as the market opened for several consecutive days finally did not happen today.

The market has been trading sideways throughout the morning, and the stock market problems that have plagued the White House for several days seem to be about to pick up.

And then over the next few days, Americans saw Abe Smith walk the talk and walk the walk.

On September 22, Smith Capital raised shares in Microsoft, holding 6.6% of the shares, or 491 million shares.

After this big event, Microsoft, whose highest stock price fell from US$4.05 per share to US$0.92 per share in a few days, finally breathed a sigh of relief, and the stock price began to stabilize and increase.

On the same day, September 22, Smith Capital also raised shares in Apple, holding 15.9% of the shares. Because about 10% of the shares were obtained in the primary market, the company only officially raised its shares after buying 5.9% of the shares in the secondary market.

This is because according to U.S. stock regulations, if you purchase a single stock in the secondary market for more than 5% of the share, you must make an announcement with a placard, and corresponding announcements must be made for each subsequent increase or decrease in holdings, until it is less than 5%. .

On the same day, Smith Capital also listed more than two dozen technology, IT, and Internet companies such as Cisco, Qualcomm, and Motorola, with shareholdings ranging from 5% to 12%.

It was announced that the total cost would be around US$9 billion, with 90% of the bailout funds remaining.

This makes many American leeks very dissatisfied.

The reason is that they feel that Abel Smith's behavior of only investing in the stocks of one type of company is not rescuing the market at all, but bargain hunting!

But for these companies, it's about saving their market value.

At least after Abel invested, their plummeting market value was finally preserved.

September 23rd.

Smith Capital once again frequently raised its cards.

This time it's a different field.

In the five hours that day, Smith Capital listed General Electric, Ford Motor, General Motors, Deere \u0026 Co., Cummins, Caterpillar and other companies, each with a price of about 5%.

It also announced a cost of US$43.5 billion, of which US$17.2 billion was spent on 5% of General Electric's shares, leaving only 41.7% of the bailout funds.

These companies have one thing in common. They are manufacturing companies that produce machinery, automobiles, and corresponding accessories.

The entry of Smith Capital greatly excited the stocks in the corresponding sectors, and the stock prices were held.

September 24th.

Smith Capital once again listed a number of companies, including Halliburton, Tidewater Corporation, Schlumberger, Dejupu, ACDC and other oil and gas equipment/service companies, all with 5%, costing about US$8 billion.

The remaining bailout funds are 32.8%.

September 24th.

September 25th.

On September 26, Smith Capital raised a 5% stake in General Mills.

It was announced that the US$90 billion in bailout funds had been exhausted. At this time, the company held more than 5% of the shares in more than 236 companies.

And this week, under the supervision of Bai Fangfang.

Led by giants such as Smith Capital, Berkshire Hathaway, and PNC Financial Services Group.

There is also the reason why George Bush has shown a tough attitude of tit for tat and blood for blood many times in his televised speeches.

There is also a rare unity between the two parties, which makes everyone realize that the United States is really coming this time.

The selling trend of American leeks has finally been suppressed.

After falling for a week, U.S. stocks finally began to officially recover.

After entering the end of September, the U.S. stock market slowly recovered.

Bai Fang Fang naturally breathed a sigh of relief.

It was decided on the first day of October.

In the white house, a banquet was held for the financial giants who had cooperated this time.

As Abe Smith, who is on the front lines every day, he has been on the headlines of various newspapers and magazines in the United States for several days in a row.

Naturally I got the invitation.

2001.

October 1st.

At noon.

Abel's Boeing 747 slowly landed and docked at Washington National Airport.

When Abel appeared at the plane door, he saw a group of people greeting him under the boarding stairs.

This was directly inside the airport, meeting him on the runway.

His excellent eyesight allowed him to spot Neil Bush and his beautiful and lovely daughter Laura Bush in the crowd.

Abel also saw a brand new Cadillac car with the stars and stripes behind the father and daughter.

Stars and Stripes + Cadillac + U.S. Secret Service.

Only one person in the United States has this kind of treatment.

Abel took a deep breath. He walked down the plane stairs with a smile. After his feet touched the ground, he smiled and opened his arms to his father-in-law from all the way.

Neil also smiled and opened his hands, and the two hugged.

Neil Bush whispered in his ear: "Great job. George has been talking about you all day long, saying that you helped him a lot this time."

"I'm just investing. Just investing." Abel responded with a smile.

"Hahaha~ You're right." Neil smiled and let him go.

Abel ignored his future father-in-law and looked at little Laura, whom he had not seen for more than a month.

The girl has one month left before she turns seventeen.

The sixteen-year-old little Laura has already shown her splendor to Abel.

He hugged her gently and kissed her.

Little Laura was shocked. After all, there were many people around, including her father.

Lovers are already like this, so she can only blush, smile and send sweet kisses.

After kissing, get in the car.

The driver was Marcus, Abel's old acquaintance, and Neil sat in the passenger seat.

There were only two seats in the back, one for Abel and one for little Laura.

The brother of the owner of the white house looked through the rearview mirror and saw Abel looking inside the car curiously.

Neil Bush smiled and whispered: "The latest Army One. The prototype changed from Cadillac Fleetwood to Cadillac DeVille."

"I also have a modified DeVille." Abel asked, "Does it look longer?"

Neil shrugged and said with a smile: "I don't know the specific data. If you are curious, well, there is a professional here. Marcus, tell Mr. Smith that the car you drive is extraordinary."

Marcus smiled and said, "I'd love to."

Abel thought that the drive from here to the white house would take more than half an hour.

Although there is a beauty in her arms next to her, her father is also there.

And I don’t know if Army One can raise the partition.

Okay, Neil's here.

Even if the partition could be raised, it would be difficult to do so when his father was around.

Since you can't have sex with a beautiful woman, let's just talk about the topics that men like more.

Talk about cars.

Mainly, Marcus, the team leader of the Secret Service, introduced, while Abel and Neil were responsible for listening and questioning.

"Gentlemen, this is not an ordinary Cadillac DeVille. This is an extended version specially produced by GM for T\u0026T Cadillac. It is 73 centimeters longer than the regular version, and the roof is also increased by 7.6 centimeters."

"The entire car uses special bulletproof glass with a thickness of 12cm. In terms of power, the car is equipped with an 8.0L V12 engine with a top speed of 180Km/h, which greatly improves safety and comfort."

The engine with an 8-liter displacement and twelve cylinders has a top speed of only 180

Abel estimated that this car weighed at least ten or twenty tons!

"As a customized car, it naturally uses a lot of technology. For example, the sealed interior space of the vehicle has chemical protection functions and has its own independent air circulation system, which can prevent biological and chemical weapons attacks."

Marcus introduced the two of them while driving.

The two occasionally inquired.

Although little Laura felt a little bored listening to it, she smiled and didn't bother her.

Just passing the time, escorted by a Secret Service vehicle.

The vehicle soon arrived at the center of Washington, D.C.—the white house that was once burned black and dyed white at the back.

"Here we are." Neil Bush said with a smile, "How does it feel to be on Army One?"

"It seems very good." Abel said with a smile: "And I think it would be a waste of talent if Marcus doesn't become a car salesman. What he said makes me want to buy one!"

Marcus, who had already parked the car, scratched his head. He didn't want to be a car salesman.

He also thought about working in rock security after retiring from the Secret Service.

Marcus was very greedy for the treatment and salary.

Neil saw the way Abel was smiling, and the expression on his daughter's side who was looking at Abel intently.

Neil Bush sighed inwardly, and then whispered:

"Perhaps I can ask for you. Of course, it is absolutely impossible to hang the stars and stripes for you. This is the only time for you to be treated like this."

Abel's eyes lit up when he heard this, and he smiled and said, "Of course. Thank you, Neil."

Neil Bush whispered angrily: "If it can really be bought. I need you to agree that no one else is allowed to sit in this car except you and Laura."

"Forehead"

Abel looked at his girlfriend, who smiled sweetly at her.

"Fine."

Abel said with a shrug.