American Fortune Life

Chapter 1194: Survival or Death Currency War

“Pff--”

“Cough, cough... ”

At midnight, Edmonton, Canada, had just returned from a charity concert to Buffett's hotel, watching live TV reports, sprayed the ice water directly out of his mouth, and his little wife hurried over to pat him on the back with a loud cough.

Buffett opened his eyes wide and shook his trembling fingers at Andy Smith, who had mercy on television, held his cough for a long time and squeezed a word out of his teeth, "Shame on you! ”

But what almost killed Buffett was that one day, 10 months later, Buffett suddenly found a little icon on his Blackberry phone, and he asked his daughter Susan, "What is this?” Susan studied it carefully and told him that it was the day Lehman went bankrupt and Chad Fold left him a voice message. In his message, Chad Fold agreed to all the harsh demands Buffett had made before, as long as he could afford...

A deal that affects the world, a deal that could fill Buffett's money, and ruin it on this messy, wrong phone message!

“Boom!”

“FXXK! This Sonofabitch! ”

The CEO of Barclays Bank, who was constantly following Lehman's bankruptcy, directly smashed the coffee cup in his hand onto the LCD TV with a groaning expression and a hysterical curse.

It's over. They're blocking Barclays' assets!

In an uncontrollable rage, he grabbed the phone and dialed out...

“Pfft -”

“Ha ha... ”

Little flying shoes in pajamas sat on the sofa in the living room, with coffee cups, watched live TV reports, unhappy laughter sprayed, while White House staff and staff standing around the living room working overtime to develop a restraint mechanism for selling short were facing each other, a strong smile with some misfortune.

“This son of a bitch... Ha ha, laugh at me, it's the Smith family bad boy, he's so meow bad... ”

The surrounding people immediately looked up at the ceiling, like I didn't hear anything, and Mr. President let himself fly a little too far.

Whoa, whoa, whoa, whoa...

At this moment, Paulson's eyes were spraying with anger, and the whole person looked at Andy's disgusting mouth on the television like a furious lion, eager to go up and bite him to death and sweep everything off his desk with anger.

“Dirty, vile, disgusting shit! To hell with the idiots... ”

Watching the fury, Paulson cursed with all sorts of vicious swears, Hamilton, as chief of staff, turned to quietly leave the office, and now the office can no longer stay.

Paulson's anger is understandable, but there are things and things that he doesn't like to hear, and it's just a job, and he doesn't want to offend a monster for it.

Ten minutes later, angry Paulson pulled open the office and stormed into the other office, picking up the phone and biting his teeth and growling: "Let those bloody bastards go to bankruptcy right away, right now! ”

Paulson is determined at this moment to sacrifice Lehman and to establish the "iron discipline” on Wall Street.

Andy, who was so excited at the moment, held a bottle of champagne in his car and poured it in his mouth, stepped directly on his seat, poked his upper body out of the skylight, cheered up in the neon flashing streets of Manhattan, exhaling the excitement of the moment.

This is the “survival or death” currency war, brutal, bloody, far-reaching.

Andy was undoubtedly one of the few winners in this war, and of course, he was not the only one who robbed Lehman's bank while it was still hot, harsher and harsher than Andy, and also violated the implicit contractual principles of good faith and fair trading as MG Chase of Lehman's "Settlement Bank”.

But that doesn't matter anymore. Andy is not just happy for making money, but more importantly, a sense of accomplishment after success. Everyone is playing with the sense of conquest between applause. All he wants to do right now is celebrate and celebrate.

So when I saw the door open to me, I was excited, and I looked at my Ivana with an admirer's eye, and Andy shut the door directly, and I flipped Ivana over, and I said, "Stand still."

Anditou's dagger in the belly chicken bowel, and Ivana, who runs Bo's Jiao, begins to ignore the impetus...

“Don't go back and visit, the three bridges are unobstructed, the flowers come and go, the jade buried incense, a few winds and rain. ”

Meanwhile, with total loss of patience, Paulson yelled again at US SEC Chairman Cox, urging him to pick up the phone and let the Lehman brothers carry out the bankruptcy proceedings.

Ultimately, Cox and Gaithner's lawyers had to call the Lehman Brothers Board again to declare the Lehman Brothers bankrupt.

At 1.45 a.m., the Lehman brothers finally had the funds on their books, and the helpless Lehman brothers announced to the Manhattan court that they were seeking bankruptcy protection, the largest bankruptcy case in the history of the United States, as branches around the world continued to make payments to headquarters.

Early Monday morning, September 15, 2008, Paulson briefed President Lehman on Lehman's bankruptcy and received a somewhat far-reaching response from President Lehman, "Thank you for your hard work and hope things stabilize as soon as possible. ”

Paulson, who was in New York after receiving a response from the President, finally relieved himself and called his wife in a good mood for comfort. When he saw the emergency bill promulgated by the White House press spokesperson on television to restrict the selling mechanism, he was directly foolish and forced to stay on the spot.

As the chief financial officer, the White House did not even mention this to him, which shows what is already self-evident. The good mood suddenly fluttered, his face was a little pale, his hands squeezed slightly with the microphone.

Restricting short selling mechanisms is a short selling ban. Although such mechanisms are considered to be more detrimental than advantageous, better or worse, and even more likely to disrupt market flow xing, preventing disaster xing from plummeting in the market can be a good way to at least appease the panicked public and, of course, destroy the confidence of some.

While the short sale ban has exacerbated the cost of trading in the market, it is undoubtedly a huge battle for all the forces and crocodiles on Wall Street who are preparing to make profits to cover the losses of the subprime mortgage crisis.

Lehman's bankruptcy kicked off the Wall Street financial tsunami!

With the opening of the Dow Jones Index plummeting by nearly 5 per cent, S&P Financial also experienced the worst day ever. The commercial paper market and the interbank overnight market collapsed.

But the bad news is more than that, with some Lehman clients' accounts frozen by the UK authorities and offshore hedge funds withdrawing funds from Goldman Sachs and MG Stanley.

At this point, Paulson, who had already felt somewhat dissatisfied with himself, had to fly to Washington with Bernanke to personally attend a meeting of the President's Financial Markets Working Group and explain Lehman's bankruptcy.

Sleepy Andy removed the claws of Luoshan, who was trapped in the soft countryside, reaching backwards to the founding cabinet, and took the phone that kept buzzing and picking it up.

“Say...”

Andy closed his eyes and said his voice was a little dry. Last night he was so happy, so excited, he played a little too high. Not only did he tease Ivana, who was good at battle, to beg for forgiveness, but he also rarely felt tired.

“Well, I know, leave a little time for Lehman's people to move, and now that our people are in place, let's get a few companies and all departments to do their usual work, and I'll send an internal email in a moment to stabilize people, well, that's it, you keep an eye on it, and as for the fusion mechanism, heh, aren't we ready? By the way, sparrow warfare, much less... ”

Hanging up the phone, Andy threw the phone at random, broke a debt, some tired of wanting to sleep back in the cage, he was interrupted again by a ringing phone, helplessly lifted the silk blanket, grabbed the phone and walked to the bathroom, not wanting to wake Ivana, who was almost broken by her own play.