LATEST UPDATES

American Fortune Life - Chapter 1213

Published at 7th of November 2021 08:14:31 AM


Chapter 1213: 1213

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




"Poof --"

"cough..."

At midnight, Edmonton, Canada, just went back to the hotel after a charity concert. Buffett watched the live report on TV, and directly sprayed the ice water out of his mouth. His little wife hurried to pat him on the back because of the violent cough.

Buffett's eyes widened, his shaking fingers pointed to Andy Smith, the compassionate man on TV, who had been holding for a long time before he stopped coughing and squeezed a word out of his teeth, "shameless!"

However, Buffett almost breathed blood and died. Ten months later, Buffett suddenly found a small icon on his BlackBerry. He asked his daughter Susan, "what is this?" Susan studied it carefully and told him it was a voice message from Chad Ford on the day of Lehman's bankruptcy. In the message, Chad Fuld agreed to all the harsh requirements of Buffett before, as long as he could pay...

A deal that affects the world can make Buffett earn a lot of money, so it's ruined by this shady phone message!

"Bang!"

"Fxxk! Son of a bitch!"

The CEO of Barclays Bank, who is always concerned about the bankruptcy of Lehman, directly smashed his coffee cup on the LCD TV, with a ferocious expression and a hysterical roar.

It's over. Barclays Bank's necessary assets have been seized!

In uncontrollable anger, he grabbed the phone and called out......

"Poof" – "

" ha ha... "

Sitting on the sofa in the living room with a coffee cup and watching the live reports on TV, the little flying shoes in pajamas made a bad laugh, while the White House staff and staff standing around the living room working overtime and working out the mechanism of restricting short selling all looked at each other, each with a little bit of schadenfreude and forced to smile.

"This son of a bitch... Ha ha, laugh at me. It's really the bad boy of Smith family. It's too bad for him to meow

Everyone around looked up at the ceiling at once. I didn't hear anything. Mr. President was a little too free.

Bang Bang Bang Bang...

At the moment, Paulson's eyes were blazing with anger. The whole man looked at Andy's disgusting face on the TV like a raging lion. He was eager to attack him and kill him. He angrily swept all the things on his desk to the ground.

"Dirty, mean, disgusting shit! The fool who should go to hell

Looking at Paulson, who was cursed with all kinds of vicious swearing in the rage, Hamilton, as chief of staff, turned around and left the office quietly. Now the office can't stay any longer.

Paulson's anger he can understand, but some things and words, or do not listen to good, this is just a job, he does not want to offend a monster because of work.

Ten minutes later, the angry Paulson suddenly opened the office, stormed into the other office, picked up the phone and growled, "let those damn bastards, now, now, go into bankruptcy!"

Now Paulson has made up his mind that he would rather sacrifice Lehman than establish "iron discipline" on Wall Street.

At this time, Andy, who is in extreme excitement, holds a bottle of champagne in his car and pours it in his mouth. He directly steps on the seat, leans out his upper body from the skylight, and cheers on the neon Manhattan street to vent his inner excitement at the moment.

This is the currency war of "survival or death", cruel, bloody and far-reaching.

In this war, Andy was undoubtedly one of the few winners. Of course, he was not the only one who took advantage of the fire and looted Lehman bank. He was fiercer and fiercer than Andy, but also violated the implicit contract principle of acting in good faith and fair trading. As the "settlement bank" of Lehman, Mg chase.

However, those are not important anymore. Andy is not only happy because of making money, but also his sense of achievement after success. He plays with the sense of Conquest between applause. What he wants most at the moment is to celebrate and have a good celebration.

So when he saw opening the door for himself, he was excited and looked at his Ivana with adoring eyes. Andy closed the door directly, turned Ivana over and said, "stand up and hold up.".

Andy's poor insight and Ivana, who has the power to control Bao, began to ignore the power to teach people...

"After another visit, three bridges are unimpeded. When they come and go to Huawei, they hide jade and bury incense. There are several storms."

At the same time, Paulson, who was completely impatient, once again yelled to Cox, chairman of the securities and Exchange Commission, urging him to pick up the phone and let Lehman Brothers carry out bankruptcy proceedings.

Finally, Cox and Geithner 's lawyers had to call Lehman brothers' board of directors again to declare Lehman brothers bankrupt.

At 1:45 a.m., Lehman Brothers finally had funds on its books. While branches around the world are still making payments to headquarters, the helpless Lehman Brothers announced to the Manhattan court to seek bankruptcy protection, which is also the largest bankruptcy case in American history.In the early morning of Monday, September 15, 2008, Paulson reported to President xiaofeixie about the bankruptcy of Lehman, and got some meaningful reply from President xiaofeixie: "thank you for your hard work, and hope that the situation can be stabilized as soon as possible."

Paulson, who was in New York, was relieved after receiving the president's reply. He called his wife in a good mood to seek psychological comfort. When he saw the emergency bill of restricting short selling mechanism issued by the White House press spokesman on TV, he was stunned and stood there.

As the Treasury Secretary, the White House didn't mention this to him. It's self-evident that his good mood suddenly disappeared, his face was pale, and his hand holding the microphone trembled slightly.

The mechanism of restricting short selling is the ban on short selling. Although this mechanism is considered to do more harm than good, or even damage the market flow, it is a good way to prevent the market from catastrophic collapse under the urgent situation. At least, it can help the panic stricken public to have a reassuring effect. Of course, it can also Will destroy some people's confidence.

The ban on short selling not only increases the transaction cost of the market, but also undoubtedly gives Wall Street those forces and tycoons who are preparing to work hard one by one to make up for the losses of the subprime mortgage crisis by shorting the market profits.

The bankruptcy of Lehman opened the curtain of Wall Street Financial Tsunami!

The Dow started the day with a plunge of nearly 5%, and S & P financial stocks had their worst day ever. The commercial paper market and interbank overnight market collapsed.

The bad news, however, is not all that bad: British authorities have frozen accounts of some of Lehman's clients, and foreign hedge funds have withdrawn funds from Goldman Sachs and Mg Stanley.

At this time, Paulson, who felt that the White House had some dissatisfaction with him, had to fly to Washington on a special plane with Bernanke to attend the meeting of the president's financial markets working group and explain the bankruptcy of Lehman.

Bleary eyed Andy moves the paw of Lushan Mountain, which is deep in the gentle countryside, reaches back to the creative cabinet behind him, takes the constantly buzzing mobile phone and connects it directly.

"Say --"

Andy closed his eyes and said in a dry voice. Last night, he was so happy and excited that he had a little too much fun. He not only made Ivana, an excellent fighter, cry for mercy, but also felt tired.

"Well, I see. Let's leave some time for Lehman's people to move. Since our people are in place, let several companies and all departments work as usual. I'll send an internal email later to stabilize people's minds. Well, that's it. You should pay more attention to the fusing mechanism. Ha ha, we were prepared for that long ago? According to the plan, sparrow fight will make a lot of money

Hang up, Andy throws his cell phone and yawns. Some tired people want to get back to sleep. He is interrupted by the ringing cell phone again. They can't help but lift the silk carpet, grab the cell phone and walk to the bathroom. They don't want to wake up Ivana who was almost broken by their own play.




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


COMMENTS