Friday, September 12, 2008.

Lehman's stock price plummeted to $4.22 again! Fulder was also asked to voluntarily resign from the New York Fed's board of directors! In this way, the Fed can be cleaner!

At this time, Paulson, Geithner and others still made it clear that the government will never save the market!

After taking over the two houses, neither Congress nor the White House wanted to face moral risks, that is, let innocent people bear the consequences for their greedy humanity and failed business models, and potentially encouraged derivative tools that take huge risks to earn huge profits.

Because if the bet is lost, the government will come out to close the stall. At the beginning, in order to avoid such a situation, the government decided to pour cold water on Wall Street to make the big guys awake and make them realize that the government will choose to let them fend for themselves.

It's a very, very tense weekend!

The New York Fed Building, No. 33 Liberty Street, the financial district of Manhattan, is a 12-story Italian-style building that occupies a full block east of Wall Street. The underground vault cellar contains $60 billion in gold!

Lehman's fate is entrusted to this building!

Geithner and Paulson gathered all the mainstream banks on Wall Street to assemble here at 6 p.m.!

The meeting originally planned to start at 18:00 was delayed until nearly 19:00. Paulson and several aides came to the temporary headquarters of the New York Fed on the 13th floor to set up camp. At this time, the building was filled with bankers, lawyers, accountants and analysts.

These bankers include the most famous CEOs on Wall Street, such as Jamie Dimon of MG Chase, John McMc of MG Stanley, Lloyd of Goldman Sachs, Vikram of Citigroup, John Sain of Merrill Lynch, Brady of Credit Suisse Bank, Robert of Bank of New York Mellon, Andy Smith, Warren Buffett and other big names.

Of course, this naturally does not include Lehman Brothers' Ceo Ford. Paulson believes that he refuses to accept reality and is therefore already quarantined and has no right to inquire about this matter.

Nor are these bankers including Bank of America and Barclays, as they have been selected by the U.S. Treasury as two potential buyers to acquire Lehman Brothers.

Sitting in the spacious conference room with bright lights, Andy looked at the group of old guys, and was full of ridiculous sneer at the absentee Bank of America and Barclays, who were selected as potential buyers by Paulson. Without financial support, these two potential buyers would not acquire Lehman Brothers at all.

"Don't expect government funding, you are the protagonists who solve the problem." Paulson looked cold and said to a group of Wall Street bankers at the beginning with a fluke that blocked everyone's hearts.

The people sitting there will be divided into three groups, one of which is responsible for studying ways to minimize joint impacts when Lehman goes bankrupt; one of which studies how the financial industry should buy the entire Lehman in order to gradually liquidate it in the future; the other is to study how to invest in the purchase of the part of the assets that the buyer does not want…”

Wow

There was an uproar in the conference room, and the big guys looked a little ugly. Wall Street ceo whispered and talked, and even quarreled and accused scenes. Andy's lips curled up slightly, leaned against the boss's chair with a lazy look, and a sign pen was swirling rapidly on his fingers, looking at the farce in front of him.

"Bang bang bang!"

Paulson slapped the table three times with a pale face, raised his tone and said coldly: "This incident is related to our capital market and the entire country. We will remember those who have not tried our best!"

The smile on Andy's face did not dissipate. Although he sneered in his heart, he had to pay attention to the threat of a bit crazy Paulson. After all, if you want to get a share of Lehman's feast, you must be obedient, otherwise you will never get any benefits.

Anyway, he is working for his subordinates, not himself. The only thing he needs to do is to stay here and be with his subordinates.

Andy and the people he brought were divided into a group led by Goldman Sachs. After all, he is a greedy little guy, and he is very unpopular. You know, he is still crazily shorting Citigroup and Merrill Lynch. Both mg Stanley and Credit Suisse Bank have been cheated by him, so everyone's attitude towards him is naturally not much better.

In terms of thickness, Andy is no worse than the old guys here. His handsome and young face shows a sunny and charming smile, and he doesn't care about the embarrassment of being constantly stared at by gloomy eyes.

When he finished the meeting and walked to the temporary studio next door, the old hooligan Warren teased with malicious intentions: "Andy, everyone is not very friendly to you..."

Andy looked at Warren's eyes under his black-framed glasses with a faint smile, raised his eyebrows and said, "I'm not targeting anyone, it's all trash."

"Ahem..." Warren's old face turned slightly red, suppressed his smile, and quickly coughed lightly to cover it up, shook his head helplessly and said, "You little guy, you are really a poisonous snake."

Andy sneered, not caring about being heard at all, and said, "Am I wrong? To be honest, I almost vomited after making money recently, tsk tsk..."

The passing people heard Andy's sarcastic words and couldn't help but twitched a few times, speeding up their pace. Instead, Vikram of Citibank's amused and crying stops slightly, and walks side by side with Andy and Warren.

"Andy, why not spit out a little, how about investing in our Citi?"

Warren Buffett's eyes flashed, and he couldn't help but look at Andy with a smile, and Andy looked at Vikram with a smile on his lips and said, "Didn't you contact the desert rich? Tsk tsk, those guys are waving money to buy everywhere."

Vikram shook his head and laughed: "At this time, no one will think that there is more cash, so, are you interested?"

Andy glanced at Warren, then turned his eyes to Vikram and smiled, "Yes! Of course there is, haha, but... it's not that your stock price is still too high now, wait..."

Vikram looked ugly, and the corners of his mouth twitched a few times. After seeing Andy smile and nodding, he led a large group of people to the studio on the side. He did not swear by Warren and cursed in a low voice: "This bastard!"

"Haha..." Warren Buffett chuckled lightly. Seeing Vikram looking at him, he shook his head and laughed: "Don't look at me, he is right, now is not the time..."

Vikram's face turned pale, his forehead was leaping with blue veins and gritted his teeth and looked at Warren's back, and he complained helplessly: "It's all vampires who should go to hell!"

In the temporary studio converted into a small banquet hall, Andy sat leisurely on the sofa, put her feet on the coffee table, and played games with Ai Cang’s mobile phone in her hand. She was not interested in the nervous and busy work scenes on the side.

"Boss, coffee." With a sound of professional clothing, the little assistant who was accustomed to put the steaming aroma of espresso on the small square table next to Andy and said softly.

Andy nodded slightly without raising her head, and then said, "Go and get me some food, I'm a little hungry."

"Are the nuts made? I brought you some..."

When the little assistant took bags of nuts out of his handbag, Lloyd of Goldman Sachs came over and sat on the sofa next to Andy with a smile, and said with a smile: "Andy, what do you think of Lehman's real value accounting this time?"

After pausing the game, Andy took off his phone, put his legs away, picked up the coffee and sipped it, and smiled and looked at the other party and asked, "Is my opinion useful? Or be blunt, what's the use of us just figuring out the real value? Will you Goldman eat Lehman?"

Lloyd chuckled and shook his head, shrugged.

Andy raised his eyebrows and smiled, "So, just use any blue subtraction calculation form to get a general asset value. You know, it is really interesting to acquire Lehman, which will be more detailed and careful than us."

Lloyd nodded seriously and agreed with Andy's view. This time, the reason why Wall Street obediently obeyed the convening of the Treasury and the Federal Reserve was due to the situation and political pressure.

There is no way, without Washington's support, Wall Street may collapse during this financial crisis, and no one dares to fight against Washington at this time. On a large scale, economy is a game that everyone plays according to certain rules of the game, and politics is a game that sets rules. When the economic game cannot be played, the final thing that comes out to clean up the situation must be politics.

"In order to ease the bleak market atmosphere and pessimism of the financial crisis, the White House is really anxious this time."
Chapter completed!