American Fortune Life

Confidence is more precious than gold.

Most of Wall Street's investment models are based on confidence.

Unlike manufacturing firms, even if the market situation is not good, there is at least a physical presence that does not collapse. As long as there is a massive panic in the market, then the business model of overnight borrowing and financing will collapse.

This also illustrates the fragility of Wall Street from one side. Even finance ministers at the top of the chain and Wall Street CEOs can't escape the stormy panic.

Not to mention, panic has become a disaster with Lehman's bankruptcy, with the Dow Jones index falling by 504 points, falling by nearly 5 per cent, S&P falling by more than 10 per cent, influenced by Lehman, and global stock markets screaming.

In a market economy, stock markets are barometers of the economy. The stock market values investors' expectations for the company's future. In addition to being based on economic conditions and corporate fundamentals, expectations are largely based on people's confidence.

No one can resist that panic at a time of financial crisis. People are out of stock crazy, no matter how much they cost, just afraid they'll end up being the ones who can't get away with it. So dozens of shares can fall for nothing in an instant. Its existential value is totally irrelevant at this point in time to the way its company operates, only to the confidence of investors, the so-called trampling disaster.

Greed when others panic, caution when others greed.

In Andy's view, the phrase seemed clever, but it was still mostly dressed as 13 bullshit.

How many more can do that? Because when banks keep applying for bankruptcy protection, they have no idea where the bottom line is. Even if the long-term trend is judged right, there is a good chance that Ben will have been lost long before the day the value returns.

“Moody's and Standard & Poor's lowered AIG's credit rating. AIG's funding gap suddenly increased from $50 billion two days ago to $85 billion in loan commitments before work. In such cases, it is no longer possible to solve the problem by private institutions.

According to the information just received, Goldman Sachs and Damo started talking about AIG rescue under Fed arrangements, but they weren't optimistic, and perhaps soon the boss would also receive a call from AIG's CEO, Verostein... ”

In Gaia's conference room, Andy relaxed and nestled in the boss's chair, looking like he was missing, listening to reports from his people, even if the company was already busy up and down, the team constantly watching Wall Street was not pulled out.

Andy knows perfectly well how small and easy it is to acquire assets, so don't worry, but the current financial tsunami on Wall Street is a once-in-a-lifetime opportunity and must not lose sight of each other.

“What is AIG's share price now? ”

“Dow means a 504 point drop, the biggest single day drop since 9/11, with the price of AIG falling 65% to $4.76! $700 billion in market value evaporated! ”

“How much are we holding up?” Andy's eyes lit up and there was a little excitement in his heart.

“ Due to the limitations of the short selling price increase rule, all empty spaces are stuck at 10%, and now empty spaces require more capital investment, leverage is restricted, and we only make $3 billion from the AIG plunge this time. ”

“Shet!” Andy frowned ugly cursing, Nima's, so much money evaporated, the duck in his mouth flew away, making Andy look a little angry and corrupt. After all, if there was no short sale ban, at least 10 billion profits would be good, now it's okay, only this little cut, it's not good to be happy.

“I heard that Goldman Sachs and Damo had tens of billions of dollars set aside to collect, Berkshire-Hathaway had 60 billion, and Soros' quantum fund had more than 40 billion set aside, all of a sudden caught in the neck by the White House. ”

Al gave some information in time to calm the greed and anger of his boss. He wanted to hear the bad luck of being with someone, and the boss's mood could be better.

Sure enough, Andy had a slight stagnant expression of impatience, a few twitches in the corner of his mouth, and he threw up in the gutter: "You bastards, you deserve it! ”

The crowd in the conference room lowered their heads collectively to keep the owners from seeing their black line foreheads and their grieving expressions.

“Boss, the chain reaction of the collapse of the financial system will destroy all combinations, and no empire can protect it! And we can't be alone... ”

Alfresco looked at the boss and said that he was somewhat worried that his boss would become more unscrupulous and wildly impinge on the American capital market with no consequence.

Andy ignored the advice of his chief thinker this time, and his eyes flashed with a glimmer of cold, saying: "At the end of the year, I must have more than $50 billion in cash in my hands, and my plan must not be lost! ”

Al's pupils were also slightly shrinking, and he naturally knew what the big BOSS plan was, and Qualcomm, the world's top 500 companies ranked 97th, would see sharp declines in share prices and market values between $40 and $60 billion, even in the wake of the financial tsunami.

If the boss really needs it, even if many banks are willing to help the boss, lend the boss money and help with the acquisition, the funds available to the boss need to be close to each other's market value in order to easily face Qualcomm's countermeasures against malicious acquisitions.

There are almost two billion AMC Exhibitors, four to six billion Starbucks, and neither goal can be easily taken down, except that AMC Exhibitors may be able to negotiate deals with Qi Qi, and the rest of Starbucks and Qualcomm must have some intense fighting to come to fruition.

In the face of Qualcomm, not only do we have to fight on the commercial battlefield, but we also have to play political games in Washington. After all, as a high-tech company like Qualcomm, with world-class technological power, we can't just acquire it with money. Of course, at this point, Al has nothing to worry about, and no one wants to die in front of us and the Smith family hard steel.

At the end of the meeting, Andy came back to the office and just sat down and got a call from Warren Buffett, who is the hottest in the United States today, and Warren Buffett, an old hooligan, was undoubtedly in the first place.

Whether it's bankrupt Lehman, AIG, the American international group that has only 48 hours left to raise money to make up the cave, or Fed Bank, their first option is not to seek help from the Fed, but to pick up the phone and call Warren Buffett, an old hooligan.

Instead of fed or Treasury dollars, they prefer to be slaughtered, Warren Buffett's help, because both the Fed and Treasury don't throw up bones, they have the dollar in one hand and the butcher's knife in the other, and their favorite thing to do is change everything from CEOs to department executives first.

Warren, an old hooligan, was jealous of the fact that Andy copied the best of Lehman's core assets and annexed them.

Andy was a little bit proud of each other and threw up for a while before asking, "You're the hottest busiest person I've ever met, aren't you going to call to waste time talking to me? ”

“Of course, let's get this straight, I'm in New York right now, and we're gonna come out and play golf... ”

“I'm crazy, it's such a hot day, I go out and play golf with you! Don't waste your time with me.” Andy unconsciously looked out the window at the sun hanging high in the sky and turned his white eyes and refused.

“Cough... You guys, exercise, sweat is good. Well, yes, just now AIG Group CEO Willenstander asked for about $5 billion. Are you interested? ”

“Not interested! I knew you wouldn't think of me. Five billion is nothing to you. Why don't you throw it? What are you gonna do with the $60 billion you have in your hand?” Andy grinned directly and asked back.

He knew that the U.S. government would save AIG, but AIG's situation was too complicated, and he didn't know anything about the insurance industry in the United States. He had been holding back his bad intentions to make empty hedgers' stock prices. Where would he be interested in understanding the real problems within the AIG Group?