Chapter 1212: 1212
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Andy Hatoyama stands in front of the floor to ceiling window of Lehman CEO's office, looking at the dark and gloomy night sky, overlooking the row of TV stations and reporters of major media all over the world on the opposite Street downstairs.
"Al, do you like it here?"
"Not bad..."
Andy looks back and laughs at al, who is drinking coffee, and says, "well, this building will be the headquarters of Gaia in the future."
。。。。。。
At 8 p.m. on September 14, 2008, Lehman was finally pushed to the brink of bankruptcy. The directors waiting in the conference room of Lehman's headquarters are now in a black and blue silence. Fuld, sitting in the main seat, looks around for a week with a dejected face.
"I did everything I had to do. I put down all my self-esteem and called everyone who could be a lifesaver. Ha ha, can you believe that almost no one would answer my phone..."
"Damn it! He's a robbery! The shameless robber One of the board members cursed angrily with a black face.
"I agree with Andy Smith's purchase. Don't look at me like this. Is there any other way to get to this point? It's more important to be able to recover the loss than anything else. Everyone, look outside. Almost everyone is waiting for us to fall, and then they rush to share our wealth. What are you still hesitating about? "
"Jingling bell --"
at this time, the telephone in the middle of the conference table rang, and the faces of all people, including Fuld, changed suddenly, and the atmosphere in the conference room became more depressed. Fuld's pale face showed a ferocious expression, stretching out his shaking fingers and pressing on the hands-free.
"Good evening, Mr. Fuld. I'm Christopher Cox, chairman of the securities and Exchange Commission
At this time, Christopher Cox, the chairman of the securities and Exchange Commission, was also very ugly. He almost cursed the US Treasury secretary who forced him to make the call with the most vicious curse in his heart.
Originally, according to the regulatory framework of the United States, the SEC was the main regulator of Lehman as a listed company. But for the accumulated risk of Lehman, the SEC obviously failed to fulfill the regulatory responsibility. Paulson was very dissatisfied with Cox and was marginalized by Paulson and Bernanke in the subsequent government intervention.
Cox was very reluctant to make the call. Because after all, Lehman is not a private enterprise. If it can't continue to operate, it will automatically declare bankruptcy according to normal procedures. It's very rare that the government regulators take the initiative to pressure a certain enterprise to go bankrupt.
Thinking of his previous request to Paulson and New York Fed President Geithner announced together, but Paulson refused. It's true that, under the pressure of Paulson, Cox had to announce the bad news alone.
His call was from the New York Fed, and the quality of his voice was a little noisy.
"I will not tell you what to do, I can only tell you that decisions must be made quickly," Cox said to the board of directors of Lehman Brothers in a hoarse voice
There was a dead silence in Lehman's conference room, only a heavy breath. Then Cox's voice continued from the phone: "this is a critical moment, and the board of directors is facing a major choice."
At this time, some people in the conference room were angry and could not hold their breath. They laughed like owls. John, the director of Lehman Brothers, asked clearly, "are you instructing us to file for bankruptcy?"
Cox fell silent, both ends of the phone.
After a while, Cox's voice came over the phone: "you have a great responsibility for the current situation. You need to act on your own initiative."
Didi......
In the dead conference room, only the shrill busy voice echoed continuously. The directors of Lehman Brothers leaned back in their chairs. They didn't know what to say. The following resolutions of the board of directors of Lehman Brothers had no practical significance. "I think it's farewell," said Fuld, leaning back in his chair
Bang!
"Sell! Sell it to Andy Smith! What he wants, sell it all to him! The vultures on Wall Street have already begun to hover over us. They will laugh at us and carve up the bodies of Lehman Brothers with Yu Wen. Even if they die, they will not succeed! "
"Agree!"
"I agree!"
。。。。。。
The whole meeting room was full of excitement, almost everyone was gnashing their teeth and growling ferociously.
Click -
the CEO's office was pushed away, Andy, who was sitting on the sofa, watched a large group of board members headed by Fuld rush in, Andy, with a smile on his face, stood up and shook hands with al.
"You won!" Fuld looked at Andy with a complex expression and said hoarsely.
"No, we are win-win! You can get the money and keep going. " Andy faces a smile and says something he doesn't believe."There's no more. They want us to... There's no point in saying that. All the directors are here today, so let's start the deal! " Fuld shook his head and said sadly.
Shout -
Andy breathes out a mouthful of dullness in his heart, looks back at al with some excitement in his heart, presses down his excited expression and says: "let our people come up!"
Al's eyes radiated a sharp and bright light, nodded slightly, took out his cell phone and dialed out......
Gloom hangs over Wall Street. At 10:30 p.m., at the gate of the headquarters of Lehman Brothers in Manhattan, some employees came out of the building with cartons, big handbags and even trolley boxes. Some people carried umbrellas and handicrafts with the words of Lehman Brothers. Police use barriers to maintain the order and traffic around the building, opposite is a row of reporters from major U.S. TV stations who are live broadcasting.
"Look, someone's coming out... It's Chad Ford
"My God, who did I see? It was Andy Smith..."
"God, they're coming here. Isn't the end of the road..."
。。。。。。
The reporters on the opposite side of the road immediately moved, and the flash immediately dispelled the night. Andy and Fuld, who were walking towards the reporters side by side, were shrouded in a curtain of light. The police, Lehman security and bodyguards were like enemies. They began to isolate the whole area, and the onlookers and the lost employees of Lehman were all gathered.
In the night, the area in front of the gate of Lehman mansion was photographed in the daytime, with a large number of people gathered and the scene was very quiet. Even the reporters who liked to talk casually kept quiet at this moment, and focused on Andy and Ford.
"Two hours ago, we successfully concluded a deal with Mr. Smith. The headquarters of Lehman in New York, two data centers in the United States and the core business departments in North America and Europe were sold to Gaia investment consulting company as a whole."
Hum -
the whole audience was in a uproar. The reporters opened their eyes one by one. They were so excited that they wanted to poke the microphone in their faces. They struggled to restrain the questions they wanted to ask and waited for the two to continue to disclose more information.
Andy took a look at Fuld, who didn't want to say anything more, and knew that it was time for him to show up. He took a small step forward with a calm smile on his face and spoke calmly in front of all the people on the scene and all the American people in front of the television that followed the Lehman bankruptcy news.
"At about 1 p.m. this afternoon, I learned that the British gave up buying Lehman at the last moment and kept asking kindly," what would the U.S. government do if Lehman Brothers collapsed? " When...
When I left the Federal Reserve building, I saw the despair on everyone's face. I feel sorry for them because they have been fighting all weekend.
When I got home, I couldn't calm down. I thought of the coming storm, and a sudden fear came to my mind. If Lehman survives, Wall Street's problems may get out of hand.
As the U.S. gets deeper and deeper in the recession, the collapse of any major financial institution will trigger a chain reaction of disaster, which is far beyond our control...
。。。 I told myself that I had to do something, even if I could do something, to try to prevent the terrible disaster from coming later. Although it was only a drop in the bucket, I tried my best. "
Andy's voice and emotion, ignoring the strange expression of Fuld, looked at him and said: "Chad, don't thank me, finally, good luck, God bless you, God bless America!"
Even though Fuld wanted to kill him, his expression gave him a hug, then he turned around and walked away quickly. He didn't even pay attention to the reporters who had been frying behind him. The noise rang all over the scene.
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Andy Hatoyama stands in front of the floor to ceiling window of Lehman CEO's office, looking at the dark and gloomy night sky, overlooking the row of TV stations and reporters of major media all over the world on the opposite Street downstairs.
"Al, do you like it here?"
"Not bad..."
Andy looks back and laughs at al, who is drinking coffee, and says, "well, this building will be the headquarters of Gaia in the future."
。。。。。。
At 8 p.m. on September 14, 2008, Lehman was finally pushed to the brink of bankruptcy. The directors waiting in the conference room of Lehman's headquarters are now in a black and blue silence. Fuld, sitting in the main seat, looks around for a week with a dejected face.
"I did everything I had to do. I put down all my self-esteem and called everyone who could be a lifesaver. Ha ha, can you believe that almost no one would answer my phone..."
"Damn it! He's a robbery! The shameless robber One of the board members cursed angrily with a black face.
"I agree with Andy Smith's purchase. Don't look at me like this. Is there any other way to get to this point? It's more important to be able to recover the loss than anything else. Everyone, look outside. Almost everyone is waiting for us to fall, and then they rush to share our wealth. What are you still hesitating about? "
"Jingling bell --"
at this time, the telephone in the middle of the conference table rang, and the faces of all people, including Fuld, changed suddenly, and the atmosphere in the conference room became more depressed. Fuld's pale face showed a ferocious expression, stretching out his shaking fingers and pressing on the hands-free.
"Good evening, Mr. Fuld. I'm Christopher Cox, chairman of the securities and Exchange Commission
At this time, Christopher Cox, the chairman of the securities and Exchange Commission, was also very ugly. He almost cursed the US Treasury secretary who forced him to make the call with the most vicious curse in his heart.
Originally, according to the regulatory framework of the United States, the SEC was the main regulator of Lehman as a listed company. But for the accumulated risk of Lehman, the SEC obviously failed to fulfill the regulatory responsibility. Paulson was very dissatisfied with Cox and was marginalized by Paulson and Bernanke in the subsequent government intervention.
Cox was very reluctant to make the call. Because after all, Lehman is not a private enterprise. If it can't continue to operate, it will automatically declare bankruptcy according to normal procedures. It's very rare that the government regulators take the initiative to pressure a certain enterprise to go bankrupt.
Thinking of his previous request to Paulson and New York Fed President Geithner announced together, but Paulson refused. It's true that, under the pressure of Paulson, Cox had to announce the bad news alone.
His call was from the New York Fed, and the quality of his voice was a little noisy.
"I will not tell you what to do, I can only tell you that decisions must be made quickly," Cox said to the board of directors of Lehman Brothers in a hoarse voice
There was a dead silence in Lehman's conference room, only a heavy breath. Then Cox's voice continued from the phone: "this is a critical moment, and the board of directors is facing a major choice."
At this time, some people in the conference room were angry and could not hold their breath. They laughed like owls. John, the director of Lehman Brothers, asked clearly, "are you instructing us to file for bankruptcy?"
Cox fell silent, both ends of the phone.
After a while, Cox's voice came over the phone: "you have a great responsibility for the current situation. You need to act on your own initiative."
Didi......
In the dead conference room, only the shrill busy voice echoed continuously. The directors of Lehman Brothers leaned back in their chairs. They didn't know what to say. The following resolutions of the board of directors of Lehman Brothers had no practical significance. "I think it's farewell," said Fuld, leaning back in his chair
Bang!
"Sell! Sell it to Andy Smith! What he wants, sell it all to him! The vultures on Wall Street have already begun to hover over us. They will laugh at us and carve up the bodies of Lehman Brothers with Yu Wen. Even if they die, they will not succeed! "
"Agree!"
"I agree!"
。。。。。。
The whole meeting room was full of excitement, almost everyone was gnashing their teeth and growling ferociously.
Click -
the CEO's office was pushed away, Andy, who was sitting on the sofa, watched a large group of board members headed by Fuld rush in, Andy, with a smile on his face, stood up and shook hands with al.
"You won!" Fuld looked at Andy with a complex expression and said hoarsely.
"No, we are win-win! You can get the money and keep going. " Andy faces a smile and says something he doesn't believe."There's no more. They want us to... There's no point in saying that. All the directors are here today, so let's start the deal! " Fuld shook his head and said sadly.
Shout -
Andy breathes out a mouthful of dullness in his heart, looks back at al with some excitement in his heart, presses down his excited expression and says: "let our people come up!"
Al's eyes radiated a sharp and bright light, nodded slightly, took out his cell phone and dialed out......
Gloom hangs over Wall Street. At 10:30 p.m., at the gate of the headquarters of Lehman Brothers in Manhattan, some employees came out of the building with cartons, big handbags and even trolley boxes. Some people carried umbrellas and handicrafts with the words of Lehman Brothers. Police use barriers to maintain the order and traffic around the building, opposite is a row of reporters from major U.S. TV stations who are live broadcasting.
"Look, someone's coming out... It's Chad Ford
"My God, who did I see? It was Andy Smith..."
"God, they're coming here. Isn't the end of the road..."
。。。。。。
The reporters on the opposite side of the road immediately moved, and the flash immediately dispelled the night. Andy and Fuld, who were walking towards the reporters side by side, were shrouded in a curtain of light. The police, Lehman security and bodyguards were like enemies. They began to isolate the whole area, and the onlookers and the lost employees of Lehman were all gathered.
In the night, the area in front of the gate of Lehman mansion was photographed in the daytime, with a large number of people gathered and the scene was very quiet. Even the reporters who liked to talk casually kept quiet at this moment, and focused on Andy and Ford.
"Two hours ago, we successfully concluded a deal with Mr. Smith. The headquarters of Lehman in New York, two data centers in the United States and the core business departments in North America and Europe were sold to Gaia investment consulting company as a whole."
Hum -
the whole audience was in a uproar. The reporters opened their eyes one by one. They were so excited that they wanted to poke the microphone in their faces. They struggled to restrain the questions they wanted to ask and waited for the two to continue to disclose more information.
Andy took a look at Fuld, who didn't want to say anything more, and knew that it was time for him to show up. He took a small step forward with a calm smile on his face and spoke calmly in front of all the people on the scene and all the American people in front of the television that followed the Lehman bankruptcy news.
"At about 1 p.m. this afternoon, I learned that the British gave up buying Lehman at the last moment and kept asking kindly," what would the U.S. government do if Lehman Brothers collapsed? " When...
When I left the Federal Reserve building, I saw the despair on everyone's face. I feel sorry for them because they have been fighting all weekend.
When I got home, I couldn't calm down. I thought of the coming storm, and a sudden fear came to my mind. If Lehman survives, Wall Street's problems may get out of hand.
As the U.S. gets deeper and deeper in the recession, the collapse of any major financial institution will trigger a chain reaction of disaster, which is far beyond our control...
。。。 I told myself that I had to do something, even if I could do something, to try to prevent the terrible disaster from coming later. Although it was only a drop in the bucket, I tried my best. "
Andy's voice and emotion, ignoring the strange expression of Fuld, looked at him and said: "Chad, don't thank me, finally, good luck, God bless you, God bless America!"
Even though Fuld wanted to kill him, his expression gave him a hug, then he turned around and walked away quickly. He didn't even pay attention to the reporters who had been frying behind him. The noise rang all over the scene.
Andy Hatoyama stands in front of the floor to ceiling window of Lehman CEO's office, looking at the dark and gloomy night sky, overlooking the row of TV stations and reporters of major media all over the world on the opposite Street downstairs. "Al, do you like it here?" "Not bad..." Andy looks back and laughs at al, who is drinking coffee, and says, "well, this building will be the headquarters of Gaia in the future." At 8 p.m. on September 14, 2008, Lehman was finally pushed to the brink of bankruptcy. The directors waiting in the conference room of Lehman's headquarters are now in a black and blue silence. Fuld, sitting in the main seat, looks around for a week with a dejected face. "I did everything I had to do. I put down all my self-esteem and called everyone who could be a lifesaver. Ha ha, can you believe that almost no one would answer my phone..." "Damn it! He's a robbery! The shameless robber One of the board members cursed angrily with a black face. "I agree with Andy Smith's purchase. Don't look at me like this. Is there any other way to get to this point? It's more important to be able to recover the loss than anything else. Everyone, look outside. Almost everyone is waiting for us to fall, and then they rush to share our wealth. What are you still hesitating about? " "Jingling bell --" at this time, the telephone in the middle of the conference table rang, and the faces of all people, including Fuld, changed suddenly, and the atmosphere in the conference room became more depressed. Fuld's pale face showed a ferocious expression, stretching out his shaking fingers and pressing on the hands-free. "Good evening, Mr. Fuld. I'm Christopher Cox, chairman of the securities and Exchange Commission At this time, Christopher Cox, the chairman of the securities and Exchange Commission, was also very ugly. He almost cursed the US Treasury secretary who forced him to make the call with the most vicious curse in his heart. Originally, according to the regulatory framework of the United States, the SEC was the main regulator of Lehman as a listed company. But for the accumulated risk of Lehman, the SEC obviously failed to fulfill the regulatory responsibility. Paulson was very dissatisfied with Cox and was marginalized by Paulson and Bernanke in the subsequent government intervention. Cox was very reluctant to make the call. Because after all, Lehman is not a private enterprise. If it can't continue to operate, it will automatically declare bankruptcy according to normal procedures. It's very rare that the government regulators take the initiative to pressure a certain enterprise to go bankrupt. Thinking of his previous request to Paulson and New York Fed President Geithner announced together, but Paulson refused. It's true that, under the pressure of Paulson, Cox had to announce the bad news alone. His call was from the New York Fed, and the quality of his voice was a little noisy. "I will not tell you what to do, I can only tell you that decisions must be made quickly," Cox said to the board of directors of Lehman Brothers in a hoarse voice There was a dead silence in Lehman's conference room, only a heavy breath. Then Cox's voice continued from the phone: "this is a critical moment, and the board of directors is facing a major choice." At this time, some people in the conference room were angry and could not hold their breath. They laughed like owls. John, the director of Lehman Brothers, asked clearly, "are you instructing us to file for bankruptcy?" Cox fell silent, both ends of the phone. After a while, Cox's voice came over the phone: "you have a great responsibility for the current situation. You need to act on your own initiative." Didi...... In the dead conference room, only the shrill busy voice echoed continuously. The directors of Lehman Brothers leaned back in their chairs. They didn't know what to say. The following resolutions of the board of directors of Lehman Brothers had no practical significance. "I think it's farewell," said Fuld, leaning back in his chair Bang! "Sell! Sell it to Andy Smith! What he wants, sell it all to him! The vultures on Wall Street have already begun to hover over us. They will laugh at us and carve up the bodies of Lehman Brothers with Yu Wen. Even if they die, they will not succeed! " "Agree!" "I agree!" The whole meeting room was full of excitement, almost everyone was gnashing their teeth and growling ferociously. Click - the CEO's office was pushed away, Andy, who was sitting on the sofa, watched a large group of board members headed by Fuld rush in, Andy, with a smile on his face, stood up and shook hands with al. "You won!" Fuld looked at Andy with a complex expression and said hoarsely. "No, we are win-win! You can get the money and keep going. " Andy faces a smile and says something he doesn't believe."There's no more. They want us to... There's no point in saying that. All the directors are here today, so let's start the deal! " Fuld shook his head and said sadly. Shout - Andy breathes out a mouthful of dullness in his heart, looks back at al with some excitement in his heart, presses down his excited expression and says: "let our people come up!" Al's eyes radiated a sharp and bright light, nodded slightly, took out his cell phone and dialed out...... Gloom hangs over Wall Street. At 10:30 p.m., at the gate of the headquarters of Lehman Brothers in Manhattan, some employees came out of the building with cartons, big handbags and even trolley boxes. Some people carried umbrellas and handicrafts with the words of Lehman Brothers. Police use barriers to maintain the order and traffic around the building, opposite is a row of reporters from major U.S. TV stations who are live broadcasting. "Look, someone's coming out... It's Chad Ford "My God, who did I see? It was Andy Smith..." "God, they're coming here. Isn't the end of the road..." The reporters on the opposite side of the road immediately moved, and the flash immediately dispelled the night. Andy and Fuld, who were walking towards the reporters side by side, were shrouded in a curtain of light. The police, Lehman security and bodyguards were like enemies. They began to isolate the whole area, and the onlookers and the lost employees of Lehman were all gathered. In the night, the area in front of the gate of Lehman mansion was photographed in the daytime, with a large number of people gathered and the scene was very quiet. Even the reporters who liked to talk casually kept quiet at this moment, and focused on Andy and Ford. "Two hours ago, we successfully concluded a deal with Mr. Smith. The headquarters of Lehman in New York, two data centers in the United States and the core business departments in North America and Europe were sold to Gaia investment consulting company as a whole." Hum - the whole audience was in a uproar. The reporters opened their eyes one by one. They were so excited that they wanted to poke the microphone in their faces. They struggled to restrain the questions they wanted to ask and waited for the two to continue to disclose more information. Andy took a look at Fuld, who didn't want to say anything more, and knew that it was time for him to show up. He took a small step forward with a calm smile on his face and spoke calmly in front of all the people on the scene and all the American people in front of the television that followed the Lehman bankruptcy news. "At about 1 p.m. this afternoon, I learned that the British gave up buying Lehman at the last moment and kept asking kindly," what would the U.S. government do if Lehman Brothers collapsed? " When... When I left the Federal Reserve building, I saw the despair on everyone's face. I feel sorry for them because they have been fighting all weekend. When I got home, I couldn't calm down. I thought of the coming storm, and a sudden fear came to my mind. If Lehman survives, Wall Street's problems may get out of hand. As the U.S. gets deeper and deeper in the recession, the collapse of any major financial institution will trigger a chain reaction of disaster, which is far beyond our control... I told myself that I had to do something, even if I could do something, to try to prevent the terrible disaster from coming later. Although it was only a drop in the bucket, I tried my best. " Andy's voice and emotion, ignoring the strange expression of Fuld, looked at him and said: "Chad, don't thank me, finally, good luck, God bless you, God bless America!" Even though Fuld wanted to kill him, his expression gave him a hug, then he turned around and walked away quickly. He didn't even pay attention to the reporters who had been frying behind him. The noise rang all over the scene.
