American Fortune Life

Chapter 1193: Shameless Extreme (30/64)

Andy Buckness-like stands in front of the landing window of Lehman's CEO office, looking at the dark, gloomy night sky, looking down the street from the other side of the stairs at a press square of TV stations and the world's major media outlets.

“Al, do you like it here? ”

“Not bad... ”

Andy smiled back at Al, who was drinking coffee, and said, "Well, this building will be Gaia's headquarters in the future. ”

At 8 p.m. on 14 September 2008, Lehman was eventually pushed to the brink of bankruptcy. The directors waiting in the conference room at Lehman's headquarters were all silenced at this moment, and Fold, sitting on the throne, looked around in disgrace for a week.

“I did everything I had to do, I let go of all my self-esteem, I called everyone who might have been a lifesaver, oh, believe me, almost nobody would take my call... ”

“Damn it! He's robbing! Shameless bandit...” One of the board members cursed with a blackened face.

“I agree to Andy Smith's takeover. Don't look at me like that. Is there any other way to do this? It's more important to recover the loss than anything, gentlemen. Look out there. Almost everyone is waiting for us to fall, and then they come and eat our wealth. What are you hesitating to... ”

“Tingling bells ——”

At this moment, the telephone in the middle of the conference table rang, the colour of the crowd, including Fold, mutated, the atmosphere in the conference room became more depressed, Fold's pale face appeared with a blushing expression and his trembling fingers pressed on the hands-free.

“Good evening, Mr. Fold, I'm Christopher Cox, Chairman of the Securities and Exchange Commission... ”

Christopher Cox, the chairman of the U.S. Securities and Exchange Commission, looked just as ugly at the time, cursing almost the most vicious curse in his heart at the American treasurer who forced him to make this call.

Originally, under the regulatory framework of the United States, the SEC was the primary regulator of Lehman, a publicly traded company. However, the SEC has clearly not fulfilled its regulatory responsibilities with respect to the risks accumulated by Lehman. Paulson was very dissatisfied with Cox and was marginalized by Paulson and Bernanke during subsequent government intervention.

Cox was very reluctant to make this call. Because Lehman, after all, is not a private enterprise and, if he cannot continue to operate, will automatically declare bankruptcy under normal procedures, and it is very rare for government regulators to take the initiative to pressure an enterprise to go bankrupt.

I thought I had asked Paulson to announce it with New York Fed Governor Gaithner, but Paulson refused. Cox had to announce the bad news alone under the pressure of Paulson.

His call came from the New York Fed, and his voice quality was a little noisy.

Cox's voice was a bit dull and helpless, declaring to the Lehman Brothers Board, "I'm not going to tell you what to do, I'm just going to tell you that you have to make a decision quickly. ”

Cox's voice continued to come from the phone as the silence in the Lehman conference room left only a heavy breath: “This is a tough moment and the board is faced with major choices. ”

At this point, someone in the conference room finally got angry and sighed like a nightingale, and Lehman Brothers director John knowingly asked, "Are you instructing us to file for bankruptcy? ”

Cox went into silence, silence on both ends of the phone.

Half an hour later, Cox's voice came from the phone: "You have a great responsibility in the present situation, and you need to see to it. ”

Tick... tick...

The silent conference room was filled with stinging busy sounds, and the directors of the Lehman brothers leaned down on the chair without knowing what to say. The results of the Lehman brothers' board resolution below no longer made any real sense. Fatigued Ford leaned against the chair and said with dismay, "I think that's goodbye. ”

Boom!

“Sell it to Andy Smith! Sell him everything he wants! The vultures on Wall Street have begun to circle our heads, laughing at us, splitting the bodies of the Lehman brothers with Yu Wen, even if they die, they won't let them succeed! ”

“Agree!”

“I agree! ”

The whole conference room was full of excitement and almost everyone was biting their teeth and yelling.

Click--

the CEO's office was pushed away, Andy sitting on the couch watching a group of board members, led by Fold, shout in, smiling Andy stood up and began to shake his hand with Al.

“You win!” Fold looked at Andy with a sophisticated expression and said in a hoarse voice.

“No, we're win-win! You can get the money and keep going...” Andy smiled and comforted himself with words he didn't believe.

“There's no more, they're asking us... It's pointless to say that all the directors are here today, so let the deal begin!” Ford shook his head and said in a sad tone.

Whoo--

Andy breathed a heavy cloud in his heart and looked back at Al with some excitement, pressing down on his excited expression and saying: "Let our people come up! ”

Al's eyes glowed sharply and nodded slightly, taking out his phone and dialing out...

Gloomy over Wall Street. At 10.30 p.m., at the headquarters of the Lehman Brothers in Manhattan, some employees walked out of the building with cardboard boxes, large handbags and even trolley boxes, and some with umbrellas and crafts printed with the Lehman brothers. The police maintain order and traffic in the vicinity of the barrier, opposite the building, and are journalists of major United States television stations broadcasting live.

“Look, someone's out... It's Chad Fold... ”

“God, I see who that is, Andy Smith... ”

“God, they came this way, didn't the peak loop spin... ”

Journalists from across the street moved sao, flash lights broke up the night, and walked shoulder to shoulder with Andy and Fold covered in a light screen, police, Lehman security, bodyguards like enemies, began to isolate the whole area, watching the lively passers-by, and soulled-out Lehman employees surrounded them.

During the night, the area in front of the Lehman Building was photographed as daylight, heads buoyed, and the scene was unusually quiet, even the journalists who loved to talk nonsense remained quiet at this moment, focusing their eyes on Andy and Fold.

“Two hours ago, we successfully entered into a deal with Mr. Smith, behind us at Lehman's New York headquarters, two data centers in the United States, and North America, where the European core business unit sold to Gaia Investment Consulting as a whole. ”

Buzz--

The whole scene was silent, the reporters' eyes widened, their expressions excited to poke the microphone in the faces of both of them, and they struggled to restrain the questions they wanted to ask, waiting for both of them to continue to reveal more information.

Andy glanced at Ford, who didn't want to say anything more, knowing it was time to play, smiled calmly on his face, took a small step forward and spoke calmly in front of the people on the scene and all the American people in front of the television set who were following Lehman's bankruptcy news.

“When I learned around 1 p.m. this afternoon that the British had given up acquiring Lehman at the last minute, I kept asking 'What would the United States Government do if the Lehman brothers collapsed?’ Cause when...

When I left the Fed building, I saw the despair on everyone's face. I feel sorry for them because they fought all weekend.

When I got home, I couldn't calm down, thinking about the big wind coming up, and all of a sudden my fears were pouring into my mind. If Lehman dies, Wall Street's problems may go out of control.

The collapse of any large financial institution will trigger a catastrophic xing chain reaction as the United States deepens into recessionary mudslides - something far beyond our control...

I told myself that I had to do whatever I could to try to stop the terrible catastrophe from coming later, even though it was just a water truck salary, but I did my best. ”

Andy whispered, ignoring Fold's weird, almost vomiting look, and looked at him and said, "Chad, don't thank me. Finally, good luck. God bless you. God bless America! ”

Speaking and ignoring Fold's reluctance to bite his expression, he gave him a hug, then turned around and left, ignoring the crowd of reporters who had blown the pot up behind him, and the noise sounded all over the scene.