American Fortune Life

Chapter 1190: The Night Before The Storm

Sunday, September 14, 2008 at 8: 00 AM UTC! Tired like a bunch of dogs, Wall Street bankers go back to the New York Fed building!

When Andy received the call, he was still sleeping with Ivana in his arms, and in order not to be deliberately targeted at the next feast, he was helpless to climb out of soft country and rush to the Fed building.

When he arrived in the conference room, the meeting had already begun for half an hour, and this meeting was nothing more than slaughtering a large household!

Barclays has a plan to acquire Lehman, missing only $33 billion in non-performing asset financing. Collect over a dozen crocodiles listed!

“The plan to acquire Lehman was approved by the Barclays Board of Directors and is now only waiting five hours for the Financial Services Authority to approve... ”

Andy looked at Paulson speaking with a faint smile on his face, as well as Lehman CEO Fuld, who seemed a little relieved, and the gloomy look on the faces of all the big crocodiles who were forced to raise money.

“What about Barclays Bank's pledge to sponsor the United States government or the Fed? Will you promise? ”

Andy smiled slightly at the corner of his mouth, some lazily leaning against the boss chair, and asked very suddenly, looking at Paulson and Gaitner in the lead position.

As his voice dropped, there was a little whispering in the conference room and Fold immediately fell into silence, looking at Paulson and Gaitner with a pleading eye, while the others looked at the two of them sinking in water.

“The Fed will not give the Lehman brothers relief and financial security!” Gaitner's face was clearly expressed without expression.

And Paulson's eyes were slight, his expression was cold, and he looked around for a week, ignoring Fold's long-awaited gaze, and he said coldly: “I'm still saying that, don't count on the government to save you, you're the protagonists of the solution! Let's close the meeting. ”

After that, he got up with Gaitner and left the conference room, and the rest of the crocodiles stood up and left, looking at their eyes faintly.

As Andy walked past Fuld without a look on his face, he reached out and patted him on the shoulder, his voice was clear: "Think of another way, no guarantee, don't hold too much hope for the British! ”

“They need a scapegoat!” Ford didn't turn around, didn't get up, but after a slight hissing, he stopped talking, his elbows held up on the conference table and his hands crossed over to cover his face.

Andy shook his head, took Al out of the conference room, left the Fed building without stopping, sat in the car, and Andy said to Kenny, "Go to Lehman Headquarters! ”

Alvitelli looked at the Big BOSS a little unexpectedly, but quickly came up with something that she couldn't help but smile and take a folder out of her briefcase and hand it to Andy, “Boss, this is a list of Lehman's quality assets that Think Tank has sorted out, and our optional goal. ”

Andy slightly dotted his head, took the folder open and looked up, and quickly looked at what was listed in the profile, making his expression harder and harder.

As Lehman's business capabilities are widely recognized, the company has a client base that includes a number of world-renowned companies, such as Alcatel, USA Online, Times Warner, IBM, Intel, USA Johnson & Johnson, Motorola, NEC, Pepsi, Shell Oil, Sumitomo Bank and Wal-Mart. Two or three hundred international multinational corporations and the world's large zxing enterprises.

To be honest, the Lehman Brothers have seen leadership in the business they do and have been one of the world's most powerful underwriters and traders of equities and bonds.

At the same time, the company serves as an important financial advisor to a number of multinational corporations and governments around the world and has a number of internationally recognized and best qualified employees.

“Lehman's core North American business as well as the stock underwriting business and M&A consulting business should be watching a lot of people, I'm afraid there will be a lot of competitors there! ”

Andy closed the folder, his eyebrows wrinkled tightly, and said with some concern that, while he was only talking about the two objectives of a think tank listing his assets, he was the least sure he could easily swallow them, after all, there was too much power to stare at Lehman as a piece of fat.

“Well, according to our analysis, the two most eager for this part of the business are Barclays Bank in the UK and Nomura Securities in the foot basin, and if we are to take this part of the asset smoothly, we can only do it first! ”

Andy glanced at the grim Al, silenced, his expression dotted a little, and then lowered the window, pointing to the roadside Lehman headquarters building, and asked: "745 Seventh Avenue, 32 stories tall, covers an area of about 1 million square feet, bought from Morgan Stanley in 2001 at a price of about $700 million.

Even with the current real estate situation, conservatively estimated at $1,000 per square foot, Al, do you think I'd agree to pack up Lehman's headquarters, North America's major European operations and two data centers, and Fold would agree to my demands in a state of betrayal, resentment, and self-destruction? ”

Ar pushed the glasses on the nose shove beam and silently answered: "That would require another fire from the boss, completely detonating the negative emotions in Fold's heart, and he might agree to retaliate if he didn't see the future at all. ”

“Oh, I know Lehman up and down and hopes for help with Little Flying Shoes, but they just don't know that Paulson now has the power he wants, and the influence of Little Flying Shoes on him has become irrelevant, believe me, even if Little Flying Shoes now orders Paulson to rescue Lehman, Paulson will refuse for a variety of reasons. ”

Andy raised the window and said with a grin, while Alvitelli remained silent.

Andy was absolutely right. Now that the influence of flying shoes has been lowered to the lowest point, after all, in the election year, the flying shoes that are leaving the White House immediately are also thinking too smoothly, stabilizing the mess, and throwing it to the next term, as long as the U.S. economy doesn't collapse in his place.

Around 1 p.m. New York time, Gaithner received a call from Gaithner but received a call from McCarthy, President of the UK's highest financial regulator, the UK Financial Services Authority.

“We are unsure whether Barclays has sufficient capital to pay for Lehman's risk and the law does not allow Barclays Bank to support Lehman's transactions until the shareholders' meeting votes... So good luck. McCarthy rejected the merger with a typical" British euphemism ”.

A gloomy Gaitner hung up and came to Paulson's temporary office in the Fed building, and as soon as he pushed the door he said to Paulson, "We're screwed! ”

“Barclay has given up, Lehman has no buyer. We can only accept reality and do what we can. The British fooled us.” Faced with all the CEOs and financial crocodiles in the conference room, including Andy, Paulson spoke without falsehood, with a real, false anger and frustration on his face.

“We have to come together to deal with this situation... ”

Andy, who had been spinning the pen in his hand and was not in the mood to listen to Paulson's speech, swept his gaze at the faces in the conference room, and none of the people here seemed shocked by the bad news except Fold, who was pale and numb.

Andy even saw a glimmer of relief in their face at that moment, as they didn't have to spend billions more to participate in an unpredictable rescue operation. But after returning to God, they became restless.

Soon, the conference room became out of control, a pot of porridge, and they stood up and made their point, pointing all at that simple question. ‘How do you prepare for the post-opening market on Monday? ’

“ Emergency trading slots must be set up to allow everyone to close down Lehman-related assets! ”

Goldman Sachs' CEO was gloomy and stood there without a scream, making the messy conference room temporarily quiet, Paulson did not stop, but nodded to accompany the proposal, and nobody ignored the reddish, trembling Fold, even though his eyes could almost erupt.

“Bang-bang--”

Andy's face had no expression, he hit the table with his signature pen continuously. When everyone focused their eyes, Andy's face stood up coldly, tidied the collar of his lower suit, looked around for a week, his voice was insensitive, and he cut a nail and said.

“The collapse of Lehman is the beginning of a disaster! The collapse of a large financial institution will trigger a country-wide chain reaction - something far beyond our control. It is conceivable that credit will tighten, strained businesses will lay off, and foreclosure rates will rise at an unprecedented rate: millions of Americans will lose their livelihoods and homes. We need years to climb out of this mud... ”

Andy didn't pay attention to his words, which turned the warm atmosphere in the conference room into death silence. As soon as the voice fell, he turned around and followed the five think tank members, led by Al, leaving behind a room full of faces, while also expressing complex and elusive financial crocodiles.