Chapter 1209: 1209
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8 a.m. Sunday, 14 September 2008, U.S. time! Tired as a pack of dogs, Wall Street bankers return to the New York Fed building!
When Andy received the call, he was still sleeping with Ivana in his arms. In order not to be targeted in the next feast, he had to climb up from the gentle countryside and rush to the Federal Reserve building.
When he came to the meeting room, the meeting had already begun for half an hour. There was nothing else in the meeting, that is, to kill big people!
Barclays has made plans to acquire Lehman, but it lacks US $33 billion in non-performing asset financing. Please raise it collectively by a dozen giants in the list!
"The plan to buy Lehman has been approved by the Barclays board of directors. Now it's only five hours before the FSA approves it..."
Andy looks at Paulson with a faint smile on his face, as well as Fuld, the CEO of Lehman, who seems to be a little relieved, and the gloomy faces of the alligators who are forced to raise funds.
"So what about the guarantee from the U.S. government or the Federal Reserve proposed by Barclays Bank? Will you agree?"
Andy, with a slight smile on the corner of his mouth, leaned lazily on the boss's chair, asked abruptly, looking at Paulson and Geithner in the top positions.
As his voice fell, the meeting room, which was a little murmured, fell into silence. Fuld looked at Paulson and Geithner with pleading eyes, and the others looked at them with their faces in the water.
"The Fed won't give Lehman a bail-out and financial guarantee!" Geithner's expressionless clarity.
But Paulson's eyes narrowed slightly and looked around indifferently for a week. He ignored Fuld's expectant eyes and said coldly, "I'm still saying that, don't expect the government to save you. You are the protagonist to solve the problem! Break up. "
After that, he and Geithner got up together and left the conference room. The rest of the alligators also stood up and left one by one with different expressions looking at Fuld, who lost his mind and was numb.
Andy reached out and patted Fuld on the shoulder as he walked past him, expressionless. He said in a clear voice, "think of other ways. There is no guarantee. Don't hope too much for the British!"
"They need a scapegoat!" Fuld didn't turn back or get up, but after a word was mumbled in a hoarse voice, he stopped talking, supported his elbows on the conference table, and covered his face with his hands crossed.
Andy shook his head, took al out of the conference room, left the Federal Reserve building without stopping, sat in the car, Andy said to Kenny: "to Lehman headquarters building!"
Alvert list looked at the boss a little bit unexpectedly, but he soon thought of something. He couldn't help smiling. He took a folder out of his briefcase and handed it to Andy. "Boss, this is the list of Lehman's high-quality assets sorted out by the think tank, and our optional goal."
Andy slightly nodded his head, took over the folder, opened it and looked at it quickly. The contents listed in the materials made his expression more dignified.
As Lehman's business capability is widely recognized, the company has a customer base including many world-famous companies, such as Alcatel, AOL, Time Warner, IBM, Intel, Johnson & Johnson, Motorola, NEC, Pepsi, shell oil, Sumitomo Bank, Wal Mart, etc... And other two or three hundred international multinational companies and the world's zxing large enterprises.
To be honest, the leadership of Lehman Brothers in its business area is obvious to all, and it was once one of the most powerful stock and bond underwriters and dealers in the world.
At the same time, the company also serves as an important financial advisor to many multinational companies and governments around the world, and has many employees with the best quality recognized by the industry at the international level.
"Lehman's North American core business, stock underwriting business and M & a consulting business should be focused on a lot of people, I'm afraid there will be many competitors at that time!"
Andy closed the folder, frowned tight, and said with some worries, although he said that the content was just two targets listed by the think tank for him to acquire the asset catalog, he was most uncertain that he could easily swallow it And, after all, there are too many forces focusing on Lehman.
"Yes, according to our analysis, there are two businesses that are most eager for, one is Barclays Bank of England, the other is Nomura Securities. If we want to take this part of assets smoothly, we can only start first!"
Andy takes a look at the cold Al, ponders, nods with a dignified expression, then lowers the window, points to the Lehman headquarters building on the roadside, and asks, "745 Seventh Avenue, 32 floors high, covers an area of about 1 million square feet. In 2001, he bought it from Morgan Stanley for about $700 million.
Even with the current real estate market, the conservative estimate is also at the price of $1000 per square foot. Al, do you think I will buy the headquarters of Lehman, the main business of North America and Europe and two data centers in a package? Will Fuld agree with my request in the mood of betrayal, resentment and self destruction? "
Al pushed his glasses on the bridge of his nose, and said, "that requires your boss to add another fire and completely set off the negative emotions in Fuld's heart. In the case that he doesn't see the future, in order to get revenge, he may agree.""Ha ha, I know that Lehman still relies on the help of Xiaofei shoes, but they don't know. Now Paulson has got the power he wants, and the influence of Xiaofei shoes on him has become dispensable. Do you believe that even if Xiaofei shoes now orders Paulson to rescue Lehman, Paulson will refuse for various reasons."
Andy raised the window and said with a sneer, while alvette remained silent.
Andy said nothing wrong. Now the influence of Xiaofei shoes has dropped to the lowest point. After all, in the election year, Xiaofei shoes, who are going to leave the white house immediately, also want to stabilize the mess, and then leave it to the next term, as long as the American economy does not collapse in his term.
Around 1 p.m. New York time, Geithner received a call from Geithner, but received a call from McCarthy, chairman of the financial services authority, the UK's top financial regulator.
"We are not sure whether Barclays has enough capital to pay for Lehman's risks, and the law does not allow Barclays to support Lehman's transactions until the shareholders' meeting votes... So good luck. " McCarthy rejected the acquisition with a typical "British euphemism.".
When Geithner hung up, he came to Paulson's temporary office in the Federal Reserve building and said to Paulson, "we're done!"
。。。。。。
"Barclays has given up, Lehman has no buyers. We can only accept the reality and do our best. The English have played us Paulson faced all the CEOs and financial tycoons in the conference room, including Andy, and blurted out without hesitation, with anger and frustration that were hard to distinguish between the true and the false.
"We have to come together to deal with this situation..."
Andy, who has been rotating his signature pen, is not in the mood to listen to Paulson's speech. His eyes sweep across the faces of all the people in the conference room. Except Forder, who is pale and numb, none of the people in the room seem to be shocked by the bad news.
Andy even saw a sense of relief in their moment, because they didn't have to spend billions of dollars to participate in a future rescue. But when they came back, they became anxious.
Soon, the meeting room became out of control and a mess. They all stood up to express their opinions and pointed to the simple problem. "How to prepare for the market after Monday's opening?"
“。。。 An emergency trading window must be set up so that everyone can close positions in Lehman related assets! "
The CEO of Goldman Sachs, with a gloomy face, stood there and said loudly without any scruples. Paulson didn't stop the messy meeting room for a while, but nodded in response to the proposal. No one paid attention to the red and trembling Ford, even though his eyes could almost spray fire.
"Pa Pa Pa --"
Andy's face was expressionless, and he used a signing pen to tap the table top of the conference table continuously. When all the people focused on him, Andy stood up coldly, sorted out the skirt of his suit, looked around for a week, and his voice was extremely cold, and he said firmly.
"The collapse of Lehman was the beginning of the disaster! The collapse of a large financial institution will trigger a nationwide chain reaction - far beyond our control. Predictably, credit will tighten, cash strapped businesses will slash jobs, and home foreclosures will rise at an unprecedented rate: millions of Americans will lose their livelihood and homes. It will take many years for us to get out of this mud
Andy didn't pay attention to his words, which made the warm atmosphere in the conference room become dead silence. As soon as the voice fell, he turned around and walked out. Five members of the think tank headed by Al quickly followed him and left a room full of financial giants who looked at each other and had complex expressions.
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8 a.m. Sunday, 14 September 2008, U.S. time! Tired as a pack of dogs, Wall Street bankers return to the New York Fed building!
When Andy received the call, he was still sleeping with Ivana in his arms. In order not to be targeted in the next feast, he had to climb up from the gentle countryside and rush to the Federal Reserve building.
When he came to the meeting room, the meeting had already begun for half an hour. There was nothing else in the meeting, that is, to kill big people!
Barclays has made plans to acquire Lehman, but it lacks US $33 billion in non-performing asset financing. Please raise it collectively by a dozen giants in the list!
"The plan to buy Lehman has been approved by the Barclays board of directors. Now it's only five hours before the FSA approves it..."
Andy looks at Paulson with a faint smile on his face, as well as Fuld, the CEO of Lehman, who seems to be a little relieved, and the gloomy faces of the alligators who are forced to raise funds.
"So what about the guarantee from the U.S. government or the Federal Reserve proposed by Barclays Bank? Will you agree?"
Andy, with a slight smile on the corner of his mouth, leaned lazily on the boss's chair, asked abruptly, looking at Paulson and Geithner in the top positions.
As his voice fell, the meeting room, which was a little murmured, fell into silence. Fuld looked at Paulson and Geithner with pleading eyes, and the others looked at them with their faces in the water.
"The Fed won't give Lehman a bail-out and financial guarantee!" Geithner's expressionless clarity.
But Paulson's eyes narrowed slightly and looked around indifferently for a week. He ignored Fuld's expectant eyes and said coldly, "I'm still saying that, don't expect the government to save you. You are the protagonist to solve the problem! Break up. "
After that, he and Geithner got up together and left the conference room. The rest of the alligators also stood up and left one by one with different expressions looking at Fuld, who lost his mind and was numb.
Andy reached out and patted Fuld on the shoulder as he walked past him, expressionless. He said in a clear voice, "think of other ways. There is no guarantee. Don't hope too much for the British!"
"They need a scapegoat!" Fuld didn't turn back or get up, but after a word was mumbled in a hoarse voice, he stopped talking, supported his elbows on the conference table, and covered his face with his hands crossed.
Andy shook his head, took al out of the conference room, left the Federal Reserve building without stopping, sat in the car, Andy said to Kenny: "to Lehman headquarters building!"
Alvert list looked at the boss a little bit unexpectedly, but he soon thought of something. He couldn't help smiling. He took a folder out of his briefcase and handed it to Andy. "Boss, this is the list of Lehman's high-quality assets sorted out by the think tank, and our optional goal."
Andy slightly nodded his head, took over the folder, opened it and looked at it quickly. The contents listed in the materials made his expression more dignified.
As Lehman's business capability is widely recognized, the company has a customer base including many world-famous companies, such as Alcatel, AOL, Time Warner, IBM, Intel, Johnson & Johnson, Motorola, NEC, Pepsi, shell oil, Sumitomo Bank, Wal Mart, etc... And other two or three hundred international multinational companies and the world's zxing large enterprises.
To be honest, the leadership of Lehman Brothers in its business area is obvious to all, and it was once one of the most powerful stock and bond underwriters and dealers in the world.
At the same time, the company also serves as an important financial advisor to many multinational companies and governments around the world, and has many employees with the best quality recognized by the industry at the international level.
"Lehman's North American core business, stock underwriting business and M & a consulting business should be focused on a lot of people, I'm afraid there will be many competitors at that time!"
Andy closed the folder, frowned tight, and said with some worries, although he said that the content was just two targets listed by the think tank for him to acquire the asset catalog, he was most uncertain that he could easily swallow it And, after all, there are too many forces focusing on Lehman.
"Yes, according to our analysis, there are two businesses that are most eager for, one is Barclays Bank of England, the other is Nomura Securities. If we want to take this part of assets smoothly, we can only start first!"
Andy takes a look at the cold Al, ponders, nods with a dignified expression, then lowers the window, points to the Lehman headquarters building on the roadside, and asks, "745 Seventh Avenue, 32 floors high, covers an area of about 1 million square feet. In 2001, he bought it from Morgan Stanley for about $700 million.
Even with the current real estate market, the conservative estimate is also at the price of $1000 per square foot. Al, do you think I will buy the headquarters of Lehman, the main business of North America and Europe and two data centers in a package? Will Fuld agree with my request in the mood of betrayal, resentment and self destruction? "
Al pushed his glasses on the bridge of his nose, and said, "that requires your boss to add another fire and completely set off the negative emotions in Fuld's heart. In the case that he doesn't see the future, in order to get revenge, he may agree.""Ha ha, I know that Lehman still relies on the help of Xiaofei shoes, but they don't know. Now Paulson has got the power he wants, and the influence of Xiaofei shoes on him has become dispensable. Do you believe that even if Xiaofei shoes now orders Paulson to rescue Lehman, Paulson will refuse for various reasons."
Andy raised the window and said with a sneer, while alvette remained silent.
Andy said nothing wrong. Now the influence of Xiaofei shoes has dropped to the lowest point. After all, in the election year, Xiaofei shoes, who are going to leave the white house immediately, also want to stabilize the mess, and then leave it to the next term, as long as the American economy does not collapse in his term.
Around 1 p.m. New York time, Geithner received a call from Geithner, but received a call from McCarthy, chairman of the financial services authority, the UK's top financial regulator.
"We are not sure whether Barclays has enough capital to pay for Lehman's risks, and the law does not allow Barclays to support Lehman's transactions until the shareholders' meeting votes... So good luck. " McCarthy rejected the acquisition with a typical "British euphemism.".
When Geithner hung up, he came to Paulson's temporary office in the Federal Reserve building and said to Paulson, "we're done!"
。。。。。。
"Barclays has given up, Lehman has no buyers. We can only accept the reality and do our best. The English have played us Paulson faced all the CEOs and financial tycoons in the conference room, including Andy, and blurted out without hesitation, with anger and frustration that were hard to distinguish between the true and the false.
"We have to come together to deal with this situation..."
Andy, who has been rotating his signature pen, is not in the mood to listen to Paulson's speech. His eyes sweep across the faces of all the people in the conference room. Except Forder, who is pale and numb, none of the people in the room seem to be shocked by the bad news.
Andy even saw a sense of relief in their moment, because they didn't have to spend billions of dollars to participate in a future rescue. But when they came back, they became anxious.
Soon, the meeting room became out of control and a mess. They all stood up to express their opinions and pointed to the simple problem. "How to prepare for the market after Monday's opening?"
“。。。 An emergency trading window must be set up so that everyone can close positions in Lehman related assets! "
The CEO of Goldman Sachs, with a gloomy face, stood there and said loudly without any scruples. Paulson didn't stop the messy meeting room for a while, but nodded in response to the proposal. No one paid attention to the red and trembling Ford, even though his eyes could almost spray fire.
"Pa Pa Pa --"
Andy's face was expressionless, and he used a signing pen to tap the table top of the conference table continuously. When all the people focused on him, Andy stood up coldly, sorted out the skirt of his suit, looked around for a week, and his voice was extremely cold, and he said firmly.
"The collapse of Lehman was the beginning of the disaster! The collapse of a large financial institution will trigger a nationwide chain reaction - far beyond our control. Predictably, credit will tighten, cash strapped businesses will slash jobs, and home foreclosures will rise at an unprecedented rate: millions of Americans will lose their livelihood and homes. It will take many years for us to get out of this mud
Andy didn't pay attention to his words, which made the warm atmosphere in the conference room become dead silence. As soon as the voice fell, he turned around and walked out. Five members of the think tank headed by Al quickly followed him and left a room full of financial giants who looked at each other and had complex expressions.
8 a.m. Sunday, 14 September 2008, U.S. time! Tired as a pack of dogs, Wall Street bankers return to the New York Fed building! When Andy received the call, he was still sleeping with Ivana in his arms. In order not to be targeted in the next feast, he had to climb up from the gentle countryside and rush to the Federal Reserve building. When he came to the meeting room, the meeting had already begun for half an hour. There was nothing else in the meeting, that is, to kill big people! Barclays has made plans to acquire Lehman, but it lacks US $33 billion in non-performing asset financing. Please raise it collectively by a dozen giants in the list! "The plan to buy Lehman has been approved by the Barclays board of directors. Now it's only five hours before the FSA approves it..." Andy looks at Paulson with a faint smile on his face, as well as Fuld, the CEO of Lehman, who seems to be a little relieved, and the gloomy faces of the alligators who are forced to raise funds. "So what about the guarantee from the U.S. government or the Federal Reserve proposed by Barclays Bank? Will you agree?" Andy, with a slight smile on the corner of his mouth, leaned lazily on the boss's chair, asked abruptly, looking at Paulson and Geithner in the top positions. As his voice fell, the meeting room, which was a little murmured, fell into silence. Fuld looked at Paulson and Geithner with pleading eyes, and the others looked at them with their faces in the water. "The Fed won't give Lehman a bail-out and financial guarantee!" Geithner's expressionless clarity. But Paulson's eyes narrowed slightly and looked around indifferently for a week. He ignored Fuld's expectant eyes and said coldly, "I'm still saying that, don't expect the government to save you. You are the protagonist to solve the problem! Break up. " After that, he and Geithner got up together and left the conference room. The rest of the alligators also stood up and left one by one with different expressions looking at Fuld, who lost his mind and was numb. Andy reached out and patted Fuld on the shoulder as he walked past him, expressionless. He said in a clear voice, "think of other ways. There is no guarantee. Don't hope too much for the British!" "They need a scapegoat!" Fuld didn't turn back or get up, but after a word was mumbled in a hoarse voice, he stopped talking, supported his elbows on the conference table, and covered his face with his hands crossed. Andy shook his head, took al out of the conference room, left the Federal Reserve building without stopping, sat in the car, Andy said to Kenny: "to Lehman headquarters building!" Alvert list looked at the boss a little bit unexpectedly, but he soon thought of something. He couldn't help smiling. He took a folder out of his briefcase and handed it to Andy. "Boss, this is the list of Lehman's high-quality assets sorted out by the think tank, and our optional goal." Andy slightly nodded his head, took over the folder, opened it and looked at it quickly. The contents listed in the materials made his expression more dignified. As Lehman's business capability is widely recognized, the company has a customer base including many world-famous companies, such as Alcatel, AOL, Time Warner, IBM, Intel, Johnson & Johnson, Motorola, NEC, Pepsi, shell oil, Sumitomo Bank, Wal Mart, etc... And other two or three hundred international multinational companies and the world's zxing large enterprises. To be honest, the leadership of Lehman Brothers in its business area is obvious to all, and it was once one of the most powerful stock and bond underwriters and dealers in the world. At the same time, the company also serves as an important financial advisor to many multinational companies and governments around the world, and has many employees with the best quality recognized by the industry at the international level. "Lehman's North American core business, stock underwriting business and M & a consulting business should be focused on a lot of people, I'm afraid there will be many competitors at that time!" Andy closed the folder, frowned tight, and said with some worries, although he said that the content was just two targets listed by the think tank for him to acquire the asset catalog, he was most uncertain that he could easily swallow it And, after all, there are too many forces focusing on Lehman. "Yes, according to our analysis, there are two businesses that are most eager for, one is Barclays Bank of England, the other is Nomura Securities. If we want to take this part of assets smoothly, we can only start first!" Andy takes a look at the cold Al, ponders, nods with a dignified expression, then lowers the window, points to the Lehman headquarters building on the roadside, and asks, "745 Seventh Avenue, 32 floors high, covers an area of about 1 million square feet. In 2001, he bought it from Morgan Stanley for about $700 million. Even with the current real estate market, the conservative estimate is also at the price of $1000 per square foot. Al, do you think I will buy the headquarters of Lehman, the main business of North America and Europe and two data centers in a package? Will Fuld agree with my request in the mood of betrayal, resentment and self destruction? " Al pushed his glasses on the bridge of his nose, and said, "that requires your boss to add another fire and completely set off the negative emotions in Fuld's heart. In the case that he doesn't see the future, in order to get revenge, he may agree.""Ha ha, I know that Lehman still relies on the help of Xiaofei shoes, but they don't know. Now Paulson has got the power he wants, and the influence of Xiaofei shoes on him has become dispensable. Do you believe that even if Xiaofei shoes now orders Paulson to rescue Lehman, Paulson will refuse for various reasons." Andy raised the window and said with a sneer, while alvette remained silent. Andy said nothing wrong. Now the influence of Xiaofei shoes has dropped to the lowest point. After all, in the election year, Xiaofei shoes, who are going to leave the white house immediately, also want to stabilize the mess, and then leave it to the next term, as long as the American economy does not collapse in his term. Around 1 p.m. New York time, Geithner received a call from Geithner, but received a call from McCarthy, chairman of the financial services authority, the UK's top financial regulator. "We are not sure whether Barclays has enough capital to pay for Lehman's risks, and the law does not allow Barclays to support Lehman's transactions until the shareholders' meeting votes... So good luck. " McCarthy rejected the acquisition with a typical "British euphemism.". When Geithner hung up, he came to Paulson's temporary office in the Federal Reserve building and said to Paulson, "we're done!" "Barclays has given up, Lehman has no buyers. We can only accept the reality and do our best. The English have played us Paulson faced all the CEOs and financial tycoons in the conference room, including Andy, and blurted out without hesitation, with anger and frustration that were hard to distinguish between the true and the false. "We have to come together to deal with this situation..." Andy, who has been rotating his signature pen, is not in the mood to listen to Paulson's speech. His eyes sweep across the faces of all the people in the conference room. Except Forder, who is pale and numb, none of the people in the room seem to be shocked by the bad news. Andy even saw a sense of relief in their moment, because they didn't have to spend billions of dollars to participate in a future rescue. But when they came back, they became anxious. Soon, the meeting room became out of control and a mess. They all stood up to express their opinions and pointed to the simple problem. "How to prepare for the market after Monday's opening?" An emergency trading window must be set up so that everyone can close positions in Lehman related assets! " The CEO of Goldman Sachs, with a gloomy face, stood there and said loudly without any scruples. Paulson didn't stop the messy meeting room for a while, but nodded in response to the proposal. No one paid attention to the red and trembling Ford, even though his eyes could almost spray fire. "Pa Pa Pa --" Andy's face was expressionless, and he used a signing pen to tap the table top of the conference table continuously. When all the people focused on him, Andy stood up coldly, sorted out the skirt of his suit, looked around for a week, and his voice was extremely cold, and he said firmly. "The collapse of Lehman was the beginning of the disaster! The collapse of a large financial institution will trigger a nationwide chain reaction - far beyond our control. Predictably, credit will tighten, cash strapped businesses will slash jobs, and home foreclosures will rise at an unprecedented rate: millions of Americans will lose their livelihood and homes. It will take many years for us to get out of this mud Andy didn't pay attention to his words, which made the warm atmosphere in the conference room become dead silence. As soon as the voice fell, he turned around and walked out. Five members of the think tank headed by Al quickly followed him and left a room full of financial giants who looked at each other and had complex expressions.
