LATEST UPDATES

American Fortune Life - Chapter 1205

Published at 7th of November 2021 08:14:48 AM


Chapter 1205: 1205

If audio player doesn't work, press Stop then Play button again




In order to save the struggling housing market and the U.S. economy from the crisis, Paulson still paid close attention to the process of Lehman's self redemption when the two financial giants, who had troubled the reformers for many years, completed huge changes!

But as Andy knows, Fuld, the current CEO of Lehman Brothers, is a very annoying and arrogant guy.

Among the many acquirers interested in Lehman, the key is the acquisition negotiation of Bangzi Development Bank.

In the negotiation, on the issue of whether it is based on 1.25 times of net assets or 1.5 times of net assets, Fuld, the leader of Lehman, seems to be quite fussy, full of "hum" of value investment tone!

"A pair of faces we talked to you about is to look up to you, you should listen to me." the end, of course, is that Bonzi were offended, directly tearing up the so-called "Lehman tried to seek an unlimited credit support, just wanted to use the assets of Bonzi Development Bank to rescue the fallen Lehman!"

So, the sticks waved and didn't take a piece of paper!

Paulson left with a disappointed look. Andy didn't give him much kindness because of the personal visit of the chief financial officer. On the issues involving interests, let alone the chief financial officer, even the president's visit was in vain.

Now in this environment, including Andy and other monsters on Wall Street: Momo, Goldman Sachs, Merrill Lynch, Bank of America, etc., are peeping in the corner! What they think are predators or bloody appearance in the wind!

Wall Street and even Washington, really can't save Lehman Brothers?

How could it be!

Except that you hate Fuld, what's more important is Lehman's assets. As a huge prey to be slaughtered, all the predators are waiting for the last drop of Xue from the hunting logistics, and then carve it up. After all, no one wants the toxic part, and everyone wants the most delicious one.

In particular, when Lehman fell, the board of directors of the New York Fed would have a seat, and there were a large number of people staring at it.

"Boss, the essence of the current crisis is the liquidity crisis. Almost all kinds of financial institutions will use large or large leverage to participate in financial games, and Lehman 10 will announce "Geithner's..." Andy takes a look, smiles and says to the crowd. Then he answers the phone leisurely.

。。。。。。

After hanging up, Andy said with a smile, "you hear me. Well, it seems that we need to work overtime this weekend. Let Stephen Nubi bring the bank's accountants to New York by chartered plane to join us. Ha ha, it's going to be a crazy weekend!"




Please report us if you find any errors so we can fix it asap!


COMMENTS