Extraordinary Genius

As the global economy deteriorates and the United States dollar continues to depreciate, the downward trend in the stock market in the United States remains unceasing. Though it doesn't look like a big drop every day, it's just a little over zero, but it doesn't hold up every day.

Companies, especially in the financial sector, have fallen almost entirely. Several major commercial banks in the US, financial investment companies, can't even pull up the stock price.

Despite the US political axe and funding from the world's largest banking institutions, the market could not be saved.

The more turbulent the market, the more extreme the way those financial investment firms adopt. There is no way, it is already too much to turn around without some extreme forms of investment.

Instead of being doomed to fail, prolonging the asthma, it's better to gamble ~ if it succeeds, it not only succeeds in turning around, but even makes a lot of profit.

At this time, the vast majority of high-leverage in the US financial markets emerged from US financial companies in order to attract more investment and enable them to make more profits and fill shortfalls.

More junk bonds have emerged on the market, many of which used to be more expensive than gold, and are now a piece of scrap paper, for which Xiaobu X focuses badly.

Coupled with the ongoing attacks on their D by those who are now campaigning, it makes their D-sent candidate very feeble.

But these little puppies don't have time to pay attention. What he wants most now is not to make the situation worse until he leaves office. Better yet, after the successor comes to power, the market is completely collapsing, so that responsibility is not his.

If it turns out like this, maybe you can also impeach the successor, which is in their best interest. In his view, however, even if the financial markets collapsed, other countries could not surpass the United States, which was, after all, the world's most mature and advanced financial market and the world's largest.

Moreover, financial markets in the United States have been hit, and other financial markets are inevitable. Financial markets, both in Europe and Asia, are more or less affected. Financial markets, which are largely untouched, are particularly closed. Special closed financial markets are simply not prosperous enough.

“Mr. President, it looks like we're in big trouble!” The Secretary of State came in to debrief.

“What is it?” Boo X now hears a lot of bad news every day, which makes him lose his head.

“Two more financial companies have applied for bankruptcy protection, and one has declared bankruptcy directly! ”

Sure, bad news again. In the past six months, he's heard too much of this kind of news, can't there be some news that makes him happy?

“Large scale? Has it had a serious impact on other financial institutions? ”

“Not on a large scale, but with considerable impact on the industry, the Lehman brothers are the worst, losing $2.8 billion in the first quarter and $4.1 billion in the second quarter, with losses expected to exceed $8 billion in the third quarter! ”

“There are rumours that Goldman Sachs manipulated stock prices behind the scenes, and that the bankruptcy of Bellstein in the first quarter had nothing to do with Goldman Sachs, but there was no specific evidence. ”

“The original intention of Barclays Bank to acquire the Lehman brothers was verified at a time when the Lehman brothers' cash reserves were less than $100 million, which is inconceivable for a financial institution of this size. But at this time, the Lehman brothers' debt has exceeded $500 billion and is long overdue! ”

Boo, how can you be in debt over $500 billion if it hasn't been this bad in the last two months? This is the fourth largest investment bank in the US. It used to be famous.

Losses are doubling up, and this debt is doubling up? Didn't the political axe give so much contingency funds and so many loans?

What it means to be insolvent, Boo X knows perfectly well that every insolvent company ultimately has only one path to follow: bankruptcy.

For the first time since its listing in 1994, the Lehman Brothers Bank has suffered a loss and has since disappeared. The company was still profitable in the fourth quarter of last year. Is it true that their finances have long been in serious trouble and have been covered up by financial means?

But it shouldn't start losing money, so the company can't handle it. How can this company's compressive capacity be so poor?

But if you think about Bellstein, which went bankrupt the previous two months, you might understand.

Last year, the market value of Belsden was close to $20 billion, with unlimited visibility, while two months ago, when Belsden went bankrupt, it sold just over $2 billion, shrunk assets by more than 95 per cent, and the stock price had long fallen short of the issue price.

The bankruptcy of Belsden, not only did they hold large amounts of debt mortgaged bonds, but also because of the financial crisis, a large number of investors paid centrally, turning their cash into zero all at once!

How can a financial institution operate if its cash reserves are zero? So in March, the company's share price dropped from over sixty dollars to less than three dollars in just a few days.

Of course, there is Feng Yu's figure, but the one behind the blackjack is Goldman Sachs. Who let Feng Yu's investments be leveraged by Goldman Sachs' financial companies?

Even though the US government axe provided a $30 billion contingency loan to Belsden, the company was unable to resist and was eventually acquired by Morgan Darton for more than $2 billion.

Not that it's really worth it, but don't forget, it still has a huge debt. Many financial institutions interested in the company were scared away by this huge debt.

In the meantime, there was a bankruptcy of financial institutions in the US, and these little puppies all came to mind, but it never occurred to me that giants like the Lehman brothers would be bankrupt!

“Contact institutions such as Bank of America today to get them to contact the Lehman brothers, who can't go bankrupt, which can make the financial market situation worse!” Xiaobu Ten Express.

Since Barclays had an interest in the Lehman brothers, it was clear that the Lehman brothers still had many valuable assets. Besides, the Lehman brothers themselves have a lot of big investment companies investing in them, wouldn't they have reached out at this point?

“Already contacted, Barclays hasn't completely abandoned his interest in the Lehman brothers' takeover, and this time with the Bank of America, should bring him back to life? ”

In Xiaobu's great anticipation, that afternoon, Brother Lehman, acting on behalf of his lawyer, submitted documents relating to the application for bankruptcy protection.

Xiaobu Ten's whole people were pushed. Didn't we agree that two big banks would negotiate the acquisition? Didn't we still anticipate Q3 financial situation? Why suddenly apply for bankruptcy protection?!

……