EG :: Volume #17

#1670: Crisis cause ( 2 / 10 )

LNMTL needs user funding to survive Read More

At this time the home loan finance Corporation market in US, has shown some crises, but was melted by US Government. How they melt? Very simple, readjustment of interest rate. 此时米国的房贷金融公司市场,已经展现出了一些危机,不过都被米国政斧所化解了。他们是如何化解的呢？很简单,调整利率。 Starting from last year, Federal Reserve on unceasing readjustment of interest rate, rise. From 1%, rose to 5.5%. 从去年开始,美联储就不断的调整利率,不停的上涨。从1,上涨了到了5.5。 The interest rate rises, then means the revenue increases of these home loan finance Corporation, home loan revenue increase of bank, but the people of these credit repayments, the pressure rose several times. 利率上涨,那么就意味着这些房贷金融公司的收入上涨,银行的房贷收入上涨,但是那些偿还贷款的人,压力则上涨了几倍。 The interest rate of loan, in the normal condition is higher than the deposit interest rate, this is also one of the bank income important sources, absorbing depositors'funds makes loans. 贷款的利率,正常情况下是高于存款利率的,这也是银行收入的主要来源之一,吸储放贷。 But the unceasing rise of interest rate, what also means? Means person who these can repay home loan normally, now has not gotten up. 而利率的不断上涨,还意味着什么呢？意味着那些原本可以正常偿还房贷的人,现在还不起了。 The involvements of these home loan finance Corporation, give the opportunity that many Americans have been able to purchase homes, lets them, even if credit is insufficient, in repayment capability worrying situation, can loan buying homes. 那些房贷金融公司的介入,给了许多米国人可以买房子的机会,让他们哪怕信用度不够,还款能力堪忧的情况下,也能贷款购房。 But a pattern, that is the capital of each month repaying is the same, but the interest actually adjusts along with the adjustment of bank. 而其中还有一种模式,那就是每个月偿还的本金是相同的,但是利息却随着银行的调整而调整。 Then the bank interest rate has raised in several times of situations, the interest that many people must repay has also raised several times, this enormously increased their burden. 那么银行的利率上调了几倍的情况下,许多人要偿还的利息也上调了几倍,这就极大地增加了他们的负担。 Some can also probably the person of loan, not get up now. Once house price rise speed fast, even if that these people have not had the loan, Corporation can also auction the house, will not owe, the customer has not owed. 原本一些可以还得起贷款的人,现在也还不起了。曾经房价上涨速度飞快,那么即使这些人还不起贷款,公司还可以将房子拍卖,也不会亏,客户也没亏。 But now the rise speed of house price does not have the rise speed of interest to be fast, this represented the customer to be in arrears now, but home loan finance Corporation must owe. 可是现在房价的上涨速度没有利息的上涨速度快,这就代表着客户现在就亏钱了,而房贷金融公司也要亏了。 Also is in this case, US Government decided that must make the Federal Reserve cut the interest rate. Although said that the Federal Reserve does not belong to Government, however certain influence, there are. 也是在这种情况下,米国政斧才决定,要让美联储降息。虽然说美联储并不是属于政斧,但是一定的影响力,还是有的。 What a pity all these late, many loans, have become the bad debt. 可惜这一切都晚了,许多贷款,已经成了呆账。 Loans Corporation new century finance Corporation as the US second inferior superior grade, has lent too many loans. To promote the benefit, they gave the person who many did not conform to the stipulation to lend the loan, some pawns, even has mortgaged repeatedly. 作为米国第二的次优级贷款公司新世纪金融公司,发放了太多的贷款。而且为了促进效益,他们给许多原本根本不符合规定的人发放了贷款,一些抵押物,甚至已经是重复抵押了。 The income situations of many people, should unable to loan successfully, your one month gains 1000 US dollars, must repay more than 900 US dollars, seems like some are wealthy, but the normal loan, the request income must exceed the repayment amount over one time to compare the security. Moreover surplus money, wants enough opposite party to live is good. 许多人的收入情况,根本就不该能贷款成功的,你一个月赚1000美元,要偿还900多美元,看似还有的富裕,但是正常贷款,要求收入要超过偿还金额的一倍以上才比较安全。而且剩余的钱,也要足够对方生活才行。 Do one month of surplus dozens US dollars, live? Let alone in US this economic depth developed country, even if in some economical general countries, is insufficient, price in that pendulum. 一个月剩余几十美元,怎么生活？别说是在米国这种经济高度发达的国家了,就算是在一些经济一般的国家,都不够用,物价在那摆着呢啊。 But many people cannot return money, new century finance Corporation has thought „good means”, that changes the loan pattern. Can choose the loan way, the repayments way naturally also changes. In this case, can solve many person repayments difficult problem. 而许多人还不上钱,新世纪金融公司又想到了一个“好办法”,那就是更改贷款模式。可以重新选择贷款方式,还款方式自然也发生变化。这样的话,可以解决很多人还款困难的问题。 But this is only not goings to the roots of the problem, even belongs to satisfy thirst by drinking poison. The result of like this creating, was the loss of new century finance Corporation are more. 但这只是治标不治本,甚至属于饮鸩止渴。这样造成的结果,就是新世纪金融公司的亏损更多了。 New century finance Corporation, is development very rapid Corporation, in 1995 established, 97 years went on the market. 98 years of Asian financial crisis affected the world, particularly crashing of Asian here real estate bubble, making the US also again be attacked. 新世纪金融公司,也是一个发展非常迅速的公司,1995年成立的,97年就上市了。98年亚洲金融风暴影响了世界,尤其是亚洲这边房地产泡沫的崩盘,让米国这边也再次受到了打击。 However at that time the new century finance Corporation scale was not big, has avoided this risk that succeeds, and in afterward, development fast of even more. 但是那时候新世纪金融公司规模并不大,成功的避开了这个风险,并且在随后,发展的愈加快速。 After George Bush makes this housing plans, majority of real estate finance Corporation, obtained development fast, many Corporation stock prices, rise fast. 当小布十弄出来这个住房计划后,大部分的房地产金融公司,都得到了飞快的发展,许多公司的股价,也飞快的上涨。 However in 02, Feng Yu has initiated that side US internet/network bubble ahead of time, particularly has revealed Worldcom, safely and other Corporation forged account method/trick, lets entire U.S. Stockmarket, even stockmarket of world caused heavy losses, several years have not recovered consciousness. 但是在02年的时候,冯宇提前引发了米国那边的网络泡沫,尤其是揭穿了世通、安然等公司的假账手段,让整个米国股市,甚至全球的股市都受到了重创,几年都没缓过来。 At that time, new century finance Corporation development was quicker. However similarly is at that time, two groups also blew out the forged account scandal. 那时候,新世纪金融公司发展的还更快了。不过同样是在那个时候,两房集团也爆出了假账丑闻。 But interestingly, the scandals of two groups are not they the profit false report was high, but made a false report the profit! 但有意思的是,两房集团的丑闻不是他们将利润虚报的高了,而是瞒报了利润！ At that time, the profit of real estate is high, two groups have also made the big money. However these two Corporation to little make a payment, little pay tax and other reasons, made a false report many profits. 在那个时候,房地产的利润可是非常高的,两房集团也赚了大笔的钱。但是这两家公司为了少交钱,少上税等一些原因,瞒报了许多利润。 This gives many person signals, now the real estate financial industry made money, after making a false report the profit, but also gained that many. Therefore the increasing number of people, start to enter the real estate financial arena, wants to make a money. 这就给许多人一个信号,现在房地产金融行业太赚钱了啊,瞒报利润后,还赚那么多呢。于是越来越多的人,开始进入房地产金融领域,想要多赚一点钱。 Also at this time, new century finance Corporation stock price also inevitable was affected to fall, but this Corporation policymaker believes that the market had underestimated their stock price, then they are in conspiracy with several similarly inferior superior grade loans Corporation, making them turn into investment in real estates trust class Corporation, hopes that with higher drawing bonus, attracts more investors. 也是在这个时候,新世纪金融公司的股价也不可避免的受影响下跌了,但是这家公司的决策人认为,市场低估了他们的股价,然后他们伙同几家同样次优级贷款的公司,让他们变成了房地产投资信托类公司,希望用更高的分红,来吸引更多的投资者。 Simply speaking, this new century finance Corporation, absolutely does not have how much money. 简单来说,这家新世纪金融公司,根本就没有多少钱。 However they actually dare to loan, and examination effort is extremely low, even reexamines went through the motions, lets amount that they make loans, rapid expansion, in surface unusual prosperity. 但是他们却偏偏敢于放款,并且审查力度极低,甚至复审就是走个过场,让他们放贷的金额,迅速扩大,表面上非常的繁荣。 bank makes loans, is you handles to bank, moreover needs to line up mostly, but must reexamine anything, is complex. However in new world finance Corporation, does not need these flows. 银行放贷,是你到银行去办理,而且多半需要排队,还要复审什么的,非常复杂。但是在新世界金融公司,根本不需要这些流程。 They with manager, even many managers do not have including office/bureau, in own work, so long as a telephone, the manager will visit to serve, meticulous, looked like bank is more intimate. 他们都是用经纪人,甚至许多经纪人连办公室都没有,就在自己家办公,只要一个电话,经纪人就会上门服务,无微不至,比银行看起来贴心多了。 But new century finance Corporation, is this, the growth is United States two inferior superior grade mortgage loan Corporation, more than ten years point, the Corporation market value from 1 million US dollars, rose dramatically 3 billion US dollars! 而新世纪金融公司,也是这样,才快速增长为全美第二的次优级抵押贷款公司,十年多点,公司的市值从1000000美元,飙升到了3000000000美元！ This Corporation regarding manager, very loose, many managers' leaves with pay, can be a half year, even have also included many management. 这家公司对于经纪人,也是非常的宽松,许多经纪人的带薪休假,可以长达半年,甚至还包括了许多高管。 Under such operation, new century finance Corporation hidden danger, is getting bigger and bigger, many people deceive the loan radically, the Corporation bad debt and bad account are also getting more and more. 这样的操作下,新世纪金融公司的隐患,也越来越大,许多人根本就是骗贷,公司的呆账、坏账也越来越多。 This Corporation financial audit Corporation, early has discovered these issues, but they have also chosen to conceal the truth. Once makes investor know that this Corporation was in debt these many, then Corporation was finished. 这家公司的财务审计公司,早已经发现了这些问题,但是他们也一直选择瞒着。一旦让股民知道,这家公司亏空了这么多,那么公司就完蛋了。 This finance loans Corporation, should have the sufficient cash reserve to be right, but this Corporation simply does not have. So long as this news let out, then the result was doomed. 这种金融贷款公司,应该有着充足的现金储备才对,但是这家公司根本没有。所以只要这个消息被放出去,那么结果就注定了。 Feng Yu looks at Ralph to give his material, has not thought the fund that this Corporation debt, imagines him are more. Not only new century finance Corporation, same Corporation, many, are the similar situations. 冯宇看着拉尔夫递给他的资料,没想到这家公司亏空的资金,比他想象中的还要多。而且不只是新世纪金融公司,同样的公司,还有好多家,都是差不多的情况。 Feng Yu puts down the material: „Ralph, told them, plan can start!” 冯宇将资料放下:“拉尔夫,告诉他们,计划可以开始了！” ...... …… PS: The previous chapter of title has made a mistake, the content revised, everybody do not worry, loads on the line, Wigny told that helped to revise the chapter name PS:上一章标题错了,内容已经修改,大家不要着急,重新加载就行,已经跟维尼说帮忙修改章节名了
To display comments and comment, click at the button