American Fortune Life

“Lehman's new company, REI, is filled with bombs filled with nuclear waste that can explode anytime... ”

“Ford is an idiot, they charge too much, scare the Koreans away, his reputation is damaged, he is afraid of being pushed back inside... ”

“Lehman's hard work is to kick nearly $60 billion in real estate out of the house. Who's going to be the bad guy to take over? ”

When the news of the truth and falsehood spread across Wall Street, on the third day of Andy Smith's return to New York, on September 1, Lehman's share price plunged again, falling more than 40%, from $12.4 to $8.78.

And just that day, with 2 billion dollars invested, and 10 times more leveraged hedging to make empty Lehman's Gaia company, the account had more than $3.4 billion in profits, and even Andy, who was not bad now, laughed happily.

Lehman CEO Fold, who negotiated far from Seoul and the Stick Development Bank, had to fly back to New York overnight on a private plane to convene an emergency meeting to deal with the diving stock price and clarify rumours and rumours.

It's just that there's no more confidence in capital markets, and even if there's no crisis within Lehman, it can be dragged down by market panic, even more so because it's already precarious and stands on the edge of bankruptcy.

The Lehman Building on Manhattan Garden Boulevard, just back in the office, started calling all his‘ good friends' and was forced to start selling assets in batches.

Ford's first call chose to call his old boss and old friend Blackstone's CEO, Blackrock to Soros, Buffett, Bank of America, Barclays, Keller Investments... Call Fold for everyone you can think of.

Finally, Fold called the Fed and US Treasurer Paulson.

After Paulson answered the phone, in his office overlooking the White House, a gloomy teeth bite curse shouted: "They're a bunch of assholes who deserve hell! ”

Paulson, who had already been caught up in the takeover of the two rooms, had made good progress, but he was also the financier in the battle of Li Li, who had spoken 100% in favour of Bernanke and Gaitner, who refused to join him in the battle room.

While they feel guilty about rejecting Paulson, in fact, both Bernanke and Gaitner are somewhat disgusted by the plan, and even disgusted that, in their view, the money of the Nashui people should not be used to rescue the two rooms, and that they should be left to die for themselves, as for the hysteria of creditors like Heaven Dynasty, Foot Pot, Russia, and so on!

Now, the two rooms have not landed yet, and the Lehman brothers are going to die again, and these bloody guys are just going to say, "Hey, the government's going to help us, or we're going to die, and the U.S. financial system is going to really collapse... ”

Though he bites his teeth with hatred, Paulson, as fire chief, sighs helplessly, takes a few deep breaths, picks up the phone and calls out.

Warren Buffett, a legendary value investor, sits in the Berkshire Hathaway headquarters office in Omaha City, working as an ambush on a simple wooden desk his father used to drink Cherry Diet Coke.

Tingling bells ——

Warren Buffett glanced at the phone, dropped Coke, and picked up the microphone.

“Warren, it's Paulson. How are you? “

“Hello.” Buffett greeted with his trusty and friendly tone.

Paulson chilled out a few words, which sounded like a normal greeting call, but he knew he was swimming between regulators and trading photographers at the moment. He soon brought the topic to the issues facing Lehman.

“If you can do it, your name alone will give the market a lot of confidence," Paulson said. ”He carefully chose the wording, while gently stating that he would not provide guarantees for Lehman.

In fact, Buffett heard many years ago that, as Goldman Sachs' chief executive, Paulson refused to deal with companies he thought were too aggressive in terms of investment or accounts.

Years of friendship have made Buffett familiar with Paulson's Code of Conduct, and he is a trustworthy man who will speak out if he really wants to do something urgently.

Buffett knew Paulson wasn't very urgent in helping the Lehman Brothers, so he smiled and said, “Lehman had so many problems that I refused to invest in March, and Fold's success in that financing took advantage of my reputation without my knowledge that I wouldn't trust this kind of person anymore, so, sorry... ”

“Hey...” Paulson had a couple of twitches in the corner of his mouth, and he sighed, knowing the result of the call would be like this.

Buffett pushed his tortoise shell trimmed glasses, his mouth curled slightly, and he said, "Why don't you ask Andy, maybe he's interested. ”

When he heard Andy's name, Paulson's whole face turned blue, biting his teeth and saying, "Behind this sharp fall in Lehman's share price, Gaia is most likely to dominate. Do you think he's going to save Lehman? ”

“Oh, Paulson, my old friend, you don't seem to know Andy Smith, listen to my advice, call him, maybe an unexpected harvest, you know, before he spent a lot of money in Korea, buying a lot of commercial land, maybe some of Lehman's real estate, has already caught his interest. ”

“You mean he wants to copy the real estate market?” Paulson's eyes lit up slightly and asked with some impatience.

“Not necessarily without that possibility, his strategic layout was interesting, as if his interest in the financial markets was not great, but more industrial, but dealing with him, heh, preparing to be slaughtered, Lehman...” Warren Buffett can be said to have been watching Andy Smith. After all, Andy's rise was so evil that he couldn't care less.

“Well, I'll call him back...” Paulson doesn't care how Lehman gets slaughtered by Andy. As a financial chief, he's done his best to bridge Lehman's leads. As for who takes advantage and who loses, that's out of his mind. He just wants the market to remain stable.

When Andy got the call from Paulson, he was lying in the lounge behind the Newsweek Building office taking a nap, on the left and right sides being Tory Black, his assistant who had been badly flogged by BIAN all afternoon, and his braid girl, Lulana.

A little assistant woke up on the phone and reached out and handed Andy the phone from the trauma counter, while Andy was sleepless and slowly sat up and picked up the phone on a pillow.

And Lulana, who had previously been the focus of Andy's care, was completely unaffected, still asleep, and the assistant lifted the silk blanket, picked up the sleeping gown on one side, and made coffee for the Great Demon King.

Listen to Paulson on the phone, Andy hits an arrears and says with a lack of interest: "Well, Monsieur Chancellor, I'm very grateful for such a good thing, you can think of me, even if you disturb my lunch break, but, I'm sorry, it's not time for a transcript, and I don't like Dickfold, so let them die!

Ha, ha.

So, Chancellor, is there anything else? I need to take a shower and wake up... ”

Andy ignored Paulson's bitter smile and hung up after casual conversation, revealing a cold smile in the corner of his mouth. In fact, the direct cause of Lehman's collapse ruled out all conspiracy theories. In Wall Street, there was general consensus that Lehman's current CEO, Dickford, had a very bad reputation in the industry, and the whole of Wall Street felt arrogant and disrespectful. So almost everyone saved Lehman when he was going down. More people have chosen to step on a few feet.