American Fortune Life

Chapter 1187 Beginning a Crazy Weekend

Friday, 12 September 2008.

Lehman's share price plummeted again to $4.22! Fuld was also asked to resign from the New York Fed Board of Directors! That way, the Fed can clean up!

At this time, Paulson, Gaitner and others still made it clear that the government would never save the city!

After taking over the two rooms, neither Congress nor the White House wanted to face the moral risk of having the innocent Nashui bear the consequences for greedy humanity and failed business models, and potentially encouraged the creation of derivatives that risked tremendous profits.

Because if the gambling loses, the government will come out and close the stall. Initially, in order to avoid this situation, the government decided to throw a cold plate of water on Wall Street to wake up the big men and make them aware that the government would choose to let them die for themselves.

This is a very, very tense weekend!

The New York Fed Building, 33 Free Street, Manhattan's financial district, is a 12-story Italian-style building that occupies an entire block east of Wall Street. Underground vault cellar $60 billion in gold!

Lehman's fate was sent to this building!

Gaithner and Paulson convene the CEOs of all mainstream banks on Wall Street here at 6pm!

The meeting, originally scheduled to begin at 1800 hours, was postponed until almost 1900 hours. Paulson and several assistants came to the Fed's temporary headquarters camp on the 13th floor in New York. Bankers, lawyers, accountants and analysts are everywhere in the building.

These bankers include some of Wall Street's most prestigious CEOs, such as Jamie Diamond of MG Chase, John Mike of MG Stanley, Lloyd of Goldman Sachs, Vikram of Citigroup, John Thern of Merrill Woods, Brady of Ruoxin Bank, Robert of Mellon Bank of New York, and big guys like Andy Smith and Warren Buffett.

Of course, this naturally does not include Fold, the CEO of the Lehman brothers, who Paulson believes refuses to accept reality and is therefore segregated and has no right to ask about it.

These bankers also do not include the Bank of America and Barclays, as they have been selected by the United States Treasury Department to acquire two potential buyers of the Lehman brothers.

Sitting in a brightly lit, spacious conference room, Andy looked at this group of old guys, laughing ridiculously at the wrongful heads of the Bank of America and Barclays, who were absent and were chosen by Paulson as potential buyers, who would never have bought the Lehman brothers without financial support.

“Don't count on government funding, you're the main actors in the solution.” Paulson's face was cold, and at the beginning, he said to a bunch of Wall Street bankers, blocking everyone's luck.

The participants will be divided into three groups, one dealing with ways to minimize the collateral impact in the event of Lehman's bankruptcy; one researching how the financial industry should buy Lehman as a whole with a view to winding it up in the future; and the other with how to finance the purchase of that part of the asset that the buyer does not want. ”

Wow...

The loud scene in the conference room made the bosses look a little ugly. The CEOs of Wall Street joined their ears and talked about it. There was even a scene of quarreling and accusations. Andy had a slight corner of his mouth and a lazy look leaning against the boss's chair. He spun a signature pen on his finger and watched the farce in front of him.

“Boom, boom, boom! ”

Paulson's face shot three times on the table, raising the tone of his cold voice: “This incident concerns our capital markets and the entire country, and we will remember those who have not done their best! ”

Andy's smile on his face did not dissipate, and his heart laughed coldly, but he had to pay attention to some crazy Paulson threats. After all, if he wanted to share a spoon in Lehman's feast, he had to obey, otherwise he would never get any benefit.

Anyway, the only thing he needs to do is stay here with his men.

Andy and the people he brought were divided into a group headed by Goldman Sachs. After all, this greedy little guy is also very unpleasant. You know, he's still madly making empty flags, Merrill Woods. Whether MG Stanley or Ruoxin Bank were killed by him, he lived by his pit, and people's attitude toward him is naturally no good.

To talk about the thickness of his face, Andy is no worse than the old guys in this room, with a beautiful young face with a charming smile in the sun and no regard for the embarrassment of constantly being stared at with a gloomy eye.

At the end of the meeting, walking to the temporary studio next door, Warren, an old hooligan, whispered, “Andy, people are not very nice to you... ”

Andy smiled faintly, looking into Warren's black glasses and picking a frown: “I'm not targeting anyone, it's garbage. ”

“Cough...” Warren's old face was slightly red, he pressed down his smile, he hurriedly coughed up the cover, and he shook his head helplessly: “You little one, you're a snake. ”

Andy laughed coldly and didn't care to be heard in general, saying, "Am I wrong? Honestly, I've been making money lately and I'm going to throw up. ”

A few people passing by heard Andy's wind chirp, twitching a few times at the corner of his mouth, speeding up his footsteps, but instead, Vikram of Citibank stopped crying slightly, and Andy, Warren, walked side by side.

“Andy, why don't you spit it out and invest in our flag? ”

Warren Buffett's eyes sparkled, smiling at Andy, and Andy's corner smiled at Vikram and said, "Didn't you connect with the desert troupe? Tsk, those guys are waving around buying money. ”

Vikram shook his head and laughed, “No one will like more cash this time of year. So, are you interested? ”

Andy glanced at Warren and looked at Vikram with a smile: "Yes! Of course there is, uh, but... Not now, your stock price is still too high, and so on... ”

Vikram's face looked ugly, his mouth twitched a few times, and when he saw Andy smiling and nodding his head, he took a large group of his men to one side of the studio. No, because Warren was around, he avoided the whispering curse: “This bastard! ”

“Oh...” Old Warren Buffett laughed softly and shook his head when he saw Vikram looking at himself: “Don't look at me, he's right, now is not the time... ”

Vikram looked at Warren's back with a blue-headed, blue-headed bite. “They're all vampires who deserve to go to hell! ”

In a small ballroom converted into a temporary studio, Andy sits relaxed on the sofa, rests on a coffee table, plays games with his crazy phone, and is not interested in the intense and busy work scene beside him.

“Boss, coffee.” With a sound of professional OL clothing, Xing senses a strong professional YOUHUO assistant putting a hot, aromatic cup of espresso on a small square table next to Andy, softly said.

Andy didn't even lift his head slightly, and he said, "Go get me something to eat, I'm a little hungry. ”

“Nuts? I brought you some... ”

As the assistant took a bag of nuts from his handbag, Lloyd Goldman of Goldman came over and sat on the du Li sofa next to Andy with a smile on his face. “Andy, what do you think of Lehman's real valuation this time? ”

Pause the game, Andy took off his phone, put away his legs, grabbed a sip of coffee, and looked back at him with a smile: "Is my opinion useful? Or frankly, what's the use of figuring out what we're really worth? Are you guys gonna eat Lehman at Goldman's? ”

Lloyd shook his head gently and shrugged his shoulders.

Andy picked up the eyebrow and laughed, "So whatever blue subtraction chart you use to arrive at an approximate asset value, you know, it's interesting to acquire Lehman, it's more detailed and careful than we do. ”

Lloyd nodded with seriousness and shared Andy's view that Wall Street's good obedience to the Treasury and the Fed's convening was also due to the situation and political pressure.

No way, without Washington's support, this financial crisis, Wall Street could collapse, no one would dare stand up to Washington at this time, and on a large scale, the economy is a game that everyone plays by certain rules of the game, and politics is a game of rules. When economic games don't turn around, it must be politics to come out and clean things up.

“This time the White House is in a real hurry to defuse the climate and pessimism in the Shawther market in the financial crisis. ”

Andy hears each other's words, but smiles slightly, but laughs in his heart. He won't believe anything Goldman says. You know that Goldman also faces liquid xing problems, Goldman Sachs is definitely the biggest beneficiary of this financial crisis, and this time around, there are external factors that really put pressure on Wall Street. One of the facts that everyone knows is that Jeb, the younger brother of President Flying Shoes, is a private equity adviser in Lehman and his cousin George Volcker is a member of Lehman's Executive Committee!