American Fortune Life

Who will be the second Bear Stearns?

Shares of big financial firms including Goldman Sachs , Merrill Lynch , Morgan Stanley , etc. , suffered brutal losses on Friday despite being battered so far this year.

Investors were apparently shocked by how quickly the situation at Bear Stearns had deteriorated, and that added to their jitters.

"What? Did I hear you right..." Paulson, who was sitting in the living room of the presidential suite, looked at his subordinates in disbelief, with an angry and stunned expression.

"Yes, Minister, you heard that right, news has spread that MG Chase will buy Bear Stearns at a price of $2 per share."

"how is this possible?"

"..."

"Where did the news spread? Well, you don't need to say it, I know it from your expression, it's Andy Smith again, right? This bastard, how could he know it so quickly?"

"He is the second largest shareholder of Bloomberg. One of the things he did after he took office was to integrate Bloomberg's News Corporation. Financial news from all over the world will be gathered in his News Corporation..."

"Damn it, I'm going to sue him for manipulating the market, disrupting the economy and putting him in jail..."

The subordinates looked at the growling Mr. Minister, and didn't take it seriously at first, but when Paulson took out the phone, his face changed drastically, and he hurried forward and stopped Paulson.

"Minister, all of this is speculation without any evidence. Once we tear ourselves apart, we will not be able to step down, and he will treat us as enemies..."

Paulson frowned, looked at himself, the chief aide, coldly, and said coldly, "Are you afraid?"

The aide's expression changed slightly, and he shook his head with a wry smile and said, "To be honest, I'm a little scared. I've studied Andy Smith, maybe it's because he's young and vigorous. He never leaves any room for opponents and is very patient. It's fine if you don't make a move, once you make a move, the opponent will have no power to parry.

What we said is all speculation, his think tank is equipped with an elite team of 10 lawyers, and will never leave any clues, but we can sue him, get him into trouble, and prevent him from making money in the short term. trouble.

In the end, there must be nothing to be found, but according to his personality, all of us will be missed by him, and then he will wait, stare at us patiently, and crush us one by one.

I can't promise I'm a saint,

Minister, who can guarantee that he is flawless, he has already become powerful, the huge wealth and media power that make people feel scalp tingling, and the deep-rooted Smith family. . . "

As the staff member spoke, he let go of the hand holding the phone. He had already seen the change in Paulson's expression and knew that he had persuaded the angry Minister of Finance.

To be honest, the more he studied Andy Smith, the more he felt that it was a BUG. He was covered in thorns, and he couldn't do anything. He didn't know what the other party was afraid to do. Thinking of the Liberty Eagle security system established by him and his two bodyguards. The company, young people who don't even spare war money, really can't estimate where Andy Smith's bottom line is!

He just eats and eats, and doesn't want to be destroyed humanely, or ruin his reputation. . .

Thinking of Pilzer, who has just been ruined, and Tom, the former leader of the Elephant Party, two political stars have been overthrown by him, and they have fallen into a state of doom, but his lethality is dreadful!

Paulson slowly put down his phone, shook his head coldly, and sighed softly, "I will make an appointment with Federal Reserve Chairman Bernanke tomorrow. It's time to propose stricter supervision of bank capital!"

The aides were also not obsessed with what happened before, just like they hadn't talked about Andy Smith before, the topic was skipped directly, everyone knew that, for a bankrupt company that had nothing to do with it, to offend a company that couldn't be defeated A billionaire is undoubtedly an idiot.

"Okay. There's been a call from Lehman, and they've taken more decisive action to stabilize its books, which have twice the cash buffer of Bear Stearns. Lehman has also embarked on a difficult and planned movement to rebuild the confidence of the shaken.”

Paulson nodded, nestled on the sofa, shook his head and smiled wryly: "Finally, there is good news. What do you think of Andy Smith's next target?"

"...My view is very simple. It doesn't matter who his next target is. He is an American and the youngest billionaire in the world. His family is deeply rooted. I don't think he will bring down the American economy. He doesn't have that ability either, the real thing to pay attention to is here, Wall Street!

Those capitalists from all walks of life who keep talking about deregulation, the government itself is the problem, and the market automatically adjusts it, no matter what they said before, I am afraid that they will come to you in the future and line up to ask the government to bail them out.

As for Andy Smith, we just need to figure out what he wants. Maybe we will need his help in the future. After all, his current influence and appeal are no worse than Warren Buffett.

Although gold futures rose sharply again, he issued a gold sell-off warning not long ago. Many people who believed in him to buy gold followed suit and made a fortune. In the current crisis, a large amount of funds rushed into the precious metal market in order to avoid risks, maybe the price of gold futures will be suppressed! "

Paulson was slightly taken aback, then looked at his staff, "You mean, is it really possible for gold to fall?"

"Greedy like Andy Smith, he is even a bit paranoid about the pursuit of wealth, I don't think he would be joking, after all, he liquidated all the gold in his hand, and he started shipping at $998 an ounce, Minister, Vulcan Alvetrie and his group of think tanks are a group of real industry leaders raised by Andy Smith with a high salary!"

Paulson smiled bitterly: "I know this. The two data analysis experts I want to invite are inside, and I can't dig them out. Andy Smith is really too generous..."

. . . . . .

The next day, March 16, weekend.

All major media have reported on MG Chase's intention to acquire Bear Stearns' ultra-low offer.

****'s low offer means that Bear Stearns employees, who own nearly one-third of the company's assets, will lose billions of dollars.

Their initial shock has turned into anger and pain, as they hope desperately that other buyers will show up with a better offer.

You must know that the previous week, Bear Stearns' share price was still as high as 70 US dollars. In January 2007, its share price had exceeded 170 US dollars. Therefore, this acquisition rumor was strongly opposed by many major shareholders and employees of Bear Stearns.