Reinventing the Millennium.

Chapter 765 Context
From Silicon Valley to Houston, it takes nearly 4 hours to fly over 3000 kilometers.

It takes more than 2 hours to fly from Chicago to Houston, covering more than 700 kilometers.

Both Fang Zhuo and Comrade Guan Hai are very busy, and this meeting can be said to be a two-way trip.

To be honest, Fang Zhuo still has some doubts about the motive of this person coming to Houston. He is now a member of the Illinois State Assembly, and it is somewhat unreasonable to come all the way to visit the construction of the Rockets.

However, the report from the former secretary cleared up some doubts a little.

Now Ao Guanhai feels that President Yike and the boss of the Rockets are somewhat unreasonable, so they meet in person.

As a congressman, Ao Guanhai has a good reputation in Illinois, and he followed the tradition of taking money to do things. However, Yike is a weird company, only giving benefits, not doing things.

Taking advantage of the relatively free time, because he is a die-hard fan of the basketball team Bulls, and also considering some future funding needs, Ao Guanhai finally has such a business.

The small lobbying team for Yike or Ice Core was in charge of the original secretary Zhao Zhishan. She was selected to accompany Fang Zhuo to Japan because she could speak Japanese, and she was arranged to do this work when she came to the United States.

Zhao Zhishan has not made much achievements in Washington for a long time, but after bringing people to Illinois, the work is relatively smooth.

The capital of Illinois is Springfield, Springfield, but people often regard Chicago as its capital. There is an old joke during World War II. The U.S. military often uses the question of the capital of Illinois as a way to identify spies, and answer Chicago’s It is our own people.

Before Fang Zhuo met Ao Guanhai, he reviewed the information provided by Zhao Zhishan. In addition to lamenting the influence of the Jews, he also corrected some understandings.

For example, there are Anglo-Saxons who are more obvious outside of Judaism, and the struggle between the two is quite fierce. Goldman Sachs can be the representative of the former, while Morgan called the latter a typical example.

"Xiao Zhao, do you think he will accept the championship ring I gave him?"

When Fang Zhuo drove to the arena, he asked Zhao Zhishan for his opinion.

"I'm afraid not. The previous contact in Chicago, because I didn't make any request... I was a little hesitant there, but with the cooperation between MIGA Fund and Goldman Sachs, well, they have a good impression of MIGA." Zhao Zhishan is very careful in his work , I want to find out the reason for many things, and the MIGA fund is quite famous in Chicago.

"Well, try it, everyone loves basketball." Fang Zhuo laughed.

Zhao Zhishan fell silent again. In fact, she was not sure what help such an Illinois congressman could provide to Bing Xin's public relations. However, Ao Guanhai's development was really good.

He entered the political arena in Illinois because he was strongly recommended by his mentor, Mino, to replace state legislator Palmer. The latter publicly announced Xiao Ao as his heir because he wanted to run for Congress, and let voters vote.

However, Palmer failed in the election and came back to compete with Xiao Ao. It is said that he was settled by Mino and the newly retired Senator Paul Simon, and he had no choice but to withdraw from the election.

Senator Paul Simon has a well-known reputation for taking money to do things, and Xiao Ao's style in Illinois is quite affected.

The car arrives at the arena.

Fang Zhuo met Xiao Ao.

However, before shaking hands with each other, he discovered that there was another character Geithner accompanying him on this trip.

Geithner noticed the eyes of the rich man in the east, and knowing that he was recognized, he simply acted as a middleman and introduced Xiao Ao and Mr. Fang.

In the end, he shook hands with Mr. Fang and said with a smile, "I heard that Xiao Ao is going to play in Houston. I thought there was a deposit to be withdrawn from the MIGA fund, so I decided to come over to see Mr. Fang together."

"Mr. Geithner also invested in our fund?" Fang Zhuo was very surprised.

Geithner smiled: "So, I'm particularly curious why the MIGA fund closed early and no longer accepts investment?"

Geithner's full name is Timothy Franz Geithner, which is a typical Jewish name at first glance.

He used to serve in the United States for a long time, and now he is the president of the Federal Reserve Bank of New York, and he is the financial steward of Xiao Ao in the future.

However, Fang Zhuo did not expect that the relationship between the two is very close now, otherwise they would not appear together in Houston.

When Geithner dealt with the financial crisis, he had a term named after him—the Geithner plan, also known as the public-private investment plan, which aims to introduce private investors and price illiquid toxic assets through auctions.

As for what are toxic assets, and how to package toxic assets...

Fang Zhuo's thoughts became active.

In fact, Geithner has quite a status now, but what he can control in the future will be more valuable.

Jews sometimes have a good reputation for doing things.

In the 30s, the United States passed a "Glass-Steagall Act", which is a law for the supervision and reform of the banking system, with the purpose of preventing speculation in the financial sector.

In 1999, Clinton's Jewish financial steward Rubin promoted the "Financial Services Modernization Act" and abolished the "Glass-Steagall Act", thus allowing Citigroup and Travelers Group to merge, which became a pioneering work in the history of American finance. , so that the commercial bank, investment bank and insurance business are integrated into one.

After this matter was completed, Rubin went directly to Citigroup to work, with an annual salary of up to 1500 million US dollars.

Summers, who succeeded Rubin, was also a Jew. He strongly supported Rubin's movement to deregulate financial regulation. Later, he also reaped a job that required only one day of work a week, and his annual salary was also in the millions of dollars.

The protégé of Rubin and Summers was Geithner in front of him.

In addition to Geithner directly serving as Jr.'s financial steward, Summers also served as his economic adviser.

Standing in the arena, Fang Zhuo looked at the smiling Geithner and Xiao Ao, and suddenly had a deep feeling that the prototype of a group was in front of him.

"MIGA Fund is considering a new direction. We have good cooperation with Goldman Sachs and Bank of Washington, and we plan to see if there is any expansion in this area." Fang Zhuo answered questions from clients.

He added: "Because we are not sure about the profitability of the new business, we have temporarily closed the investment in order to be responsible to our customers."

Hearing the names of Goldman Sachs and Bank of Washington, Geithner smiled and said, "Is it the CDO side? I heard that MIGA Fund is very active in this area. I still trust your vision and ability."

Previously, due to identity issues, he invested anonymously in MIGA Fund, a private equity fund with amazing returns, but was suddenly notified that he would not continue, so he felt a little regretful.

Fang Zhuo also smiled elegantly when he heard the string song: "If you are interested in Geithner, then MIGA Fund is honored to continue to have such a client as you."

He reopened the investment door for this big client who came to him.

Compared with Sina's grievances and the uneasiness of the Chamber of Commerce, Geithner's pursuit of profit due to the change of MIGA fund is not easy to refuse at this moment.

(End of this chapter)