Reborn Capital Madman

Chapter 1225 In 1992, another new era began

The current isolation mechanism between American commercial banks and investment banks originated from a law issued in 1930s after the Great Depression, which reformed the American banking system - the "Glass-Steagle Act", aims

Naturally, it is to control uncontrollable speculation.

This mechanism is very complicated to implement in specific content. Moreover, in about 60 years since its introduction, after the continuous game between various forces and a series of adjustments, it is even more complicated and difficult to describe.

Speaking of which, a wall has been established between commercial banks and investment banks.

Let’s show the complexity here. For example, commercial banks can still extend their business tentacles into the field of stock trading through roundabout ways, that is, establish trust departments to buy and sell stocks on behalf of customers in the name of trust.

In fact, in 1988, some forces began to operate and wanted to abolish the "Glass-Stigl Act", but failed.

In the eyes of those who are discerning in Gao Xian and Greenspan, the abolition of the "Glass-Steagall Act" should be just a matter of time and time, and it is nothing more than a more appropriate time and stronger thrust.

As for now, Gao Xian doesn’t need to show off and challenge such game rules, it’s not his turn. Even from a broader perspective, this stage that is expected to end may be a valuable development buffer and should be used well.

In recent years, while Gao Xian focused on investment banking, he also had some layouts in the field of commercial banking. For example, in the struggle of American Express's company, he was fooled by American Express CEO James Robinson III in the struggle for the Zhengzheng of American Express.

Sanford Will, who had no choice but to come out to start a new job, was attracted by Gao Xian and bet.

However, so far, these layouts have been limited in effectiveness and are not equal cooperation, but Huifeng Bank, which has been cleaned up and should be obedient, has greater operating space and actual control.

It is necessary to point out that the history of Huifeng Bank's expansion of business in the US market is not just the more than ten years since the acquisition of the US Ocean Milan Bank. It can be traced back to the acquisition of the US Ocean after the end of World War II.

Milan Bank belongs to a landmark progress.

"Encourage" Huifeng Bank's Ocean Milan Bank takes advantage of the current US banking crisis to acquire some US Bank's assets. In Gaoxian's new layout, it is no longer just to expand the Xiangjiang International Financial Center.

The scale of commercial banks' network that can be effectively controlled will at least include further strengthening the control of Huifeng Bank.

Speaking of this, Gao Xian deliberately lowered his voice slightly, "I judge that the situation in the Soviet Union in front of him will soon give the world an eye-opener opportunity. The internal conflicts are getting more and more intense, and they can only be divided and get what they want, and then next year, the United States is the only one who is the only one.

, The international monetary policy pressure will be relieved a lot."

To a certain extent, Fed Chairman Greenspan and US President Al Bhushu, who were frustrated by this economic recession, were lucky and received a temporary life-saving straw, which was the bay that was thousands of miles away.

War can be said to be a cannon, and it has another mystery and meaning.

The people around Lao Bushu have begun to prepare for next year's re-election campaign. Gao Xian estimated that as soon as the Cold War ended, Lao Bushu became the president of the United States, and he may not be that big of a real power person in the deep American society.

It is worth it, and Lao Bushu's political qualifications, mature governance concepts, etc. may even become an obstacle. It is better to change to a new president with low qualifications.

President Gao also smiled and told the truth. If the US dollar can really cut interest rates, Xiangjiang's nerves that had been tense for a long time can finally relax.

Although the matter about Huifeng Bank is very important, compared with Gao Xian's desire to further predict the trend of the US dollar interest rate, its priority must be backward.

Greenspan could naturally understand the true meaning of Gao Xian's words, but he was similar to many American elites that Gao Xian saw. Even if he believed that the Soviet Union would be dragged down, he would not think that the Soviet Union would collapse so quickly.

It is not advisable to have a private gathering between Gao Xian and Greenspan for too long. They eat, drink, talk, and laugh, and communicate almost all the time, so they go to their own business.

Whether this kind of sign will appear will be seen in the first half of next year. It will not be too late to sell personal favors and click on the Bushu family. There is no need to disappoint you at this time.

Gao Xian said with great sincerity: "Next year is the year of the general election. It is understandable that the White House's mood to help him win votes with re-election and hopes that the economy will be easing and monetary policy will be positively stimulated."

There are too many people staring at the White House. At this time, Gao Xian didn't want to get forward, but it did not hinder his private contact with some of the aides of Bushu and the little Bushu brothers, and convey some interests.

Therefore, Gao Xian and Greenspan did not mention it too much. After understanding the rules of the game, including policy orientation and entry threshold, it is almost the same. Exploring monetary policy is the core value of making friends with Greenspan.

So Greenspan told the truth easily in a joking tone. If the iron curtain of the Cold War really fell, I was really happy to be a human beauty easily.

et al. and Gaoyi US CEO William Miller, Gulf West CEO Ronald Zegler, Paramount CEO Barry Diller, Howard Hughes CEO Michael Blou

Mensar, when these credible core members of his own circle gathered, Gao Xian was unintentionally implicit, and his predictions about the situation in the Soviet Union were more affirmed to consolidate his authority.

As a result of conveying this message, a series of special companies are being prepared to be established. Chaos is also a rare opportunity to make a fortune in business, so there is no need to miss it.

To be honest, it does not mean everything. The US dollar cuts interest rates next year, which will inevitably strengthen the willingness and extent of the yen interest rate cut. Although both are cut interest rates, the interest rate spread between the two should still be there, and it is easier to get the yen and the US dollar.

In contrast, European countries that are evolving from the European Community to the EU seem less flexible due to their participation in the European exchange rate mechanism, and there will be articles to do here.

"Besides, this economic recession has lasted for more than a year. Judging from past experience and statistics, there is reason to believe that next year should be over, and the easing monetary policy is even more anticipated."

If someone really makes a fuss in his heart, he will soon be more convinced before the end of the year.

The world has really entered a unipolar era!

For Gao Xian, to be more precise, another new era has begun!

Gao Xian sorted out the harvest and returned to Xiangjiang with a full load. He went to see him first. It was because of the lifelong nobleman from London that the Hong Kong Governor Wei Yixin who was a little suspicious.

(End of this chapter)