Life at The Top novel 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.

“What I’m saying is, since sacrifice is inevitable, then our enemy must pay the price.”

Greenspaner opened the folder in front of him and said in a deep voice, “Now as the chair of the Federal Reserve, I’m making the following decision.

“First, the Federal Reserve will inject capital into the two major investment banks, Mayland and Colossal, in the form of capital purchases to ease the huge pressure brought on by the debt caused by the subprime market.”

When the first decision was mentioned, Dugg could not sit still 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 repay it, it will be enough to make Layman go bankrupt instantly. Are the Fed not going to consider injecting capital into Layman?”

Greenspaner seemed to have expected

Dugg to react like this. He was expressionless while the others looked at Dugg with pity.

They knew when Greenspaner said that

sacrifice was inevitable, that this sacrifice