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American Fortune Life - Chapter 1197

Published at 7th of November 2021 08:15:05 AM


Chapter 1197: 1197

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"REI, Lehman's new company, is full of bombs full of nuclear waste that can explode at any time..."

"Fuld is an idiot. They charge too much to scare the Koreans away. His reputation is damaged and he is afraid of being forced to retreat from the inside..."

"Lehman's job is to kick nearly $60 billion of real estate out of the house. Who will be the unlucky guy to take over?"

When all kinds of true and false news spread on Wall Street, with the help of Bo from interested people, on the third day of Andy Smith's return to New York, on September 1, Lehman's share price plunged again, down more than 40%, from $12.40 to $8.78.

Just in this day, he invested 2 billion yuan and frantically hedged against Lehman's Gaia company with 10 times of leverage. His account had more than 500 million dollars more profits. Even Andy, who is not poor in money, laughed happily.

As far as Seoul and Bonzi Development Bank, Lehman CEO Fuld had to fly back to New York overnight to hold an emergency meeting to deal with the diving stock price and clarify various rumors and rumors.

Just the capital market that has no confidence, even if there is no crisis within Lehman, it will also be dragged down by market panic, not to mention that it is already on the brink of bankruptcy.

The Lehman building on the Garden Avenue in Manhattan, just back to the office, started to call all his "good friends" to "sell phones". Forced to do so, Lehman was ready to start selling assets in batches.

Fuld's first choice was to call his old boss and the CEO of Blackstone Group, BlackRock, Soros, Buffett, Bank of America, Barclays and Keller investment... Call everyone falder can think of.

Finally, Fuld called the Federal Reserve and Treasury Secretary Paulson.

Paulson answered the phone, and in his office overlooking the White House, he said with a sullen grin: "all the bastards who should go to hell!"

Paulson had been taken over by Fannie and Freddie. Although the situation was going well, it was also the Treasury secretary who fought alone in Li. He was 100% supported verbally by Bernanke and Geithner, who refused to join him.

Although they feel guilty for refusing Paulson, in fact, both Bernanke and Geithner have certain antipathy, even disgust, to this plan. In their opinion, they should not use the money of the nashuis to save the two houses, and let them live and die. As for the hysteria of the creditor countries such as the Chinese, the Russian and the Chinese, they should die!

Now, the two houses are not settled. Lehman Brothers is going to die again. These damned guys almost say, "Hey, the government is going to help us, or we're going to die. Then the U.S. financial system really collapses."

Although grudging, Paulson, the fire chief, sighed helplessly, took a few deep breaths, picked up the phone and called out.

Warren Buffett, the legendary value investor, sits in the headquarters office of Berkshire Hathaway in Omaha, working on the simple wooden desk his father used, and drinking cherry diet coke.

Tinkling bell -

Warren Buffett took a look at the phone, put down the coke and picked up the phone.

"Warren, this is Paulson. how are you? Now I... "

" hello. " Buffett greeted in his trusty and friendly voice.

Paulson exchanged a few greetings, which sounded like an ordinary greeting call, but in fact, he knew that he was wandering between the two identities of regulator and dealmaker. He quickly brought the subject to the problems facing Lehman.

"If you can do it, your name alone will give the market a lot of confidence," Paulson said He carefully picked out the wording and euphemistically said he would not guarantee Lehman.

In fact, Buffett heard many years ago that as the top executive of Goldman Sachs, Paulson refused to deal with companies that he thought were too aggressive in investment or accounting.

Years of friendship have made Buffett familiar with Paulson's code of conduct. He is a trustworthy person. If he really wants to do something urgently, he will say it directly.

Buffett knew that Paulson was not very eager to help Lehman Brothers, so he said with a smile: "there are too many problems with Lehman, I refused to invest in March, and the success of Fuld's financing was to use my reputation without my knowledge. I will not trust such people any more, so I'm sorry..."

"Ah..." Paulson had a few twitches in the corner of his mouth, then sighed, knowing that the result of the call would be like this.

Buffett pushed his turtle shell rimmed glasses, his mouth slightly cocked, and said, "why don't you ask Andy, maybe he's interested."

Hearing Andy's name, Paulson's whole face turned black and blue, gritted his teeth and said, "behind the collapse of Lehman's share price, Gaia is the most likely to dominate. Do you think he will help Lehman?""Well, Paulson, my old friend, it seems that you don't know Andy Smith. Listen to my advice and call him. Maybe he has unexpected gains. You know, before, he spent a lot of money in Korea, buying large commercial land or real estate of Rayman company, which has aroused his interest."

"You mean he wants to copy the real estate market?" Paulson's eyes brightened a little and he asked eagerly.

"Not necessarily without this possibility, his strategic layout is very interesting. It seems that his interest in the financial market is not very great, but rather he prefers industry. However, when dealing with him, ha ha, be ready to be slaughtered, Lehman..." Warren Buffett has been paying attention to Andy Smith. After all, Andy's rise is too evil to pay attention to.

"Well, I'll call him later..." Paulson doesn't care how Lehman was killed by Andy. As a finance minister, he has tried his best to link up with Lehman. As for those who take advantage of it, they suffer losses. That's beyond his consideration. He just wants the market to remain stable.

When Andy received Paulson's call, he was lying in the lounge behind the Newsweek building's office, taking a nap. On the left and right sides were his assistant toriblake and his pigtail girl Luna, who had been severely flogged by Bian all noon.

The little assistant wakes up by the phone, reaches for the cell phone on the headbox and hands it to Andy. Andy is already sleepless. He slowly sits up and leans on the pillow to pick up the phone.

Lulana, who had been taken care of by Andy before, was not affected at all. She continued to fall asleep. The little assistant lifted the silk carpet, picked up one side of the robe and put it on to make coffee for the big devil.

Listening to Paulson's words on the phone, Andy yawned and said, "well, Mr. finance minister, I'm very grateful for this kind of good thing. You can think of me, even if you disturb my lunch break, but I'm sorry, it's not the time to copy the bottom, and I don't like Dick Ford, so let them die!"!

Yawn -

so, Mr. finance minister, is there anything else? I need to take a bath and wake up

Andy ignored Paulson's wry smile. After chatting casually, he hung up the phone with a sneer on his lips. In fact, the direct cause of Lehman's collapse was to eliminate all conspiracy theories. It was generally agreed on Wall Street that the current CEO of Lehman, Dick Fuld, had a very bad reputation in the industry. The whole wall street felt that he was arrogant. So when Lehman was about to fall, almost everyone didn't save him. More people choose to step on a few feet.




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