American Fortune Life

"puff--"

"Cough cough cough..."

At midnight, in Edmonton, Canada, Buffett, who had just returned to the hotel after attending a charity concert, watched the live report on TV, and sprayed out the ice water from his mouth. The violent coughing sound scared his little wife to rush over Pat him on the back.

Buffett's eyes widened, and he stretched out his trembling fingers to point at the compassionate Andy Smith on TV. After holding back for a long time, he stopped coughing, and squeezed a word through his teeth, "Shameless!"

However, what made Buffett almost vomit blood out of anger was that one day after 10 months, Buffett suddenly found a small icon on his BlackBerry. He asked his daughter Susan: "What is this?" Susan studied carefully. After a while, he told him that this was the voice message from Chadford on the day Lehman went bankrupt. In the message, Chadford agreed to all of Buffett's previous demanding requirements, as long as he can pay. . .

A deal that affects the world, a deal that can make Buffett a lot of money, is ruined by this erroneous phone message!

"boom!"

"FXXK! This Sonofabitch!"

The CEO of Barclays Bank, who was always paying attention to the bankruptcy of Lehman, directly smashed the coffee cup in his hand on the LCD TV, his expression was extremely ferocious, and he roared and cursed hysterically.

It's over, their Barclays Bank's inevitable assets have been cut off!

In uncontrollable anger, he grabbed the phone and dialed it. . . . . .

"Pfft—"

"Ha ha..."

Flying Shoes in pajamas sat on the sofa in the living room, held a coffee cup, watched the live report on TV, and laughed maliciously, while the White House aides who were standing around the living room were working overtime to formulate a mechanism to limit short selling He and the staff all looked at each other in dismay, holding back their smiles gloatingly.

"This bastard...haha, I'm dying of laughter, he really is a bad boy from the Smith family, he's so fucking bad..."

Everyone around immediately looked up at the ceiling, as if I didn't hear anything, Mr. President was a bit too self-indulgent.

Crash - bang bang bang. . .

At this moment, Paulson's eyes were bursting with rage, and he looked at Andy's disgusting face on the TV like a raging lion, wishing to pounce on him and kill him, and angrily swept away everything on his desk. landed.

"Dirty, vile, disgusting shit! Hell-deserving idiot..."

Looking at Paulson who was furious and swearing all kinds of vicious swear words, Hamilton, the chief of staff, turned pale, turned around and quietly left the office with gloomy eyes. At this moment, the office could not stay any longer.

He could understand Paulson's anger, but it was better not to listen to some things and words. This was just a job, and he didn't want to offend a monster because of his job.

Ten minutes later, the angry Paulson violently pulled away the people in the office, rushed into another office aggressively, picked up the phone and roared through gritted teeth: "Let those damned bastards come in immediately, immediately. Bankruptcy proceedings!"

At this moment, Paulson has made up his mind that he would rather sacrifice Lehman and establish "iron discipline" on Wall Street.

Andy, who was extremely excited at this time, was holding a bottle of champagne in his car on the way home, and he stepped on the seat directly, leaned out his upper body from the sunroof, and cheered on the neon-flashing streets of Manhattan. Expressing the excitement in my heart at the moment.

This is the "to be or die" currency war, cruel, bloody, and far-reaching.

In this war, Andy was undoubtedly one of the few victors. Of course, he was not the only one who took advantage of the fire to rob Lehman. He was more ruthless and cruel than Andy. The implicit contractual principle of fair trade, MG Chase as Lehman's "settlement bank".

However, those are not important anymore. Andy at this moment is not only happy because of making money,

What's more important is the sense of accomplishment after success, the sense of conquest that everyone is playing with in the applause. What he wants most at this moment is to celebrate, to celebrate well.

So when he saw Ivana who opened the door for him with an excited face and looked at him with adoring eyes, Andy closed the door directly, turned Ivana over, and said, "Stand firm and help me."

Andy, who has a small stomach and small intestines, and Ivanna, who has a good relationship with Guan Bao, began to give others a handle regardless of their care. . .

"Don't visit later, the three bridges are unobstructed, go to and from the Flower Committee, hide jade and bury incense, and experience several storms."

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

In the end, lawyers for Cox and Geithner had to call the board of directors of Lehman Brothers again, and they declared Lehman Brothers bankruptcy together.

At 1:45 in the morning, Lehman Brothers finally had funds on the books, and while branches around the world were still sending money to the headquarters, Lehman Brothers, in desperation, announced to the Manhattan court to seek bankruptcy protection. This is also the history of the United States. largest bankruptcy case ever.

In the early morning of Monday, September 15, 2008, Paulson reported the Lehman bankruptcy to the President of the Flying Shoes, and received a somewhat meaningful reply from the President of the Flying Shoes, "Thank you for your hard work, and hope that the situation can be stabilized as soon as possible. "

Paulson, who was in New York, finally breathed a sigh of relief after receiving the reply from the president, and called his wife in a good mood. When he was looking for comfort, he saw on TV that the White House press secretary promulgated the urgent short-selling mechanism. Bill was immediately dumbfounded, and stood on the spot in a daze.

As the treasury secretary, the White House did not mention this to him. It is self-evident what this means. The good mood suddenly disappeared, his face was a little pale, and the hand holding the microphone trembled slightly.

Restricting the short-selling mechanism is the ban on short-selling. Although this mechanism is considered to be more harmful than beneficial, good or bad, and even considered to disrupt market liquidity, it is still a good idea to prevent a catastrophic plunge in the market under the urgency of the situation. It's a good idea, at least it can reassure the panicked public and play a soothing role. Of course, it will also destroy some people's confidence.

While the ban on short selling has increased the cost of market transactions, it is undoubtedly a very heavy blow to those forces and predators on Wall Street who are gearing up to do a big job and short the market to make up for the losses of the subprime mortgage crisis. .

The bankruptcy of Lehman opened the prelude to the financial tsunami on Wall Street!

The Dow Jones index plunged at the open, down nearly 5%, and the S\u0026P financial stocks also experienced their worst day ever. The commercial paper market and the interbank overnight market then collapsed.

However, the bad news did not stop there. British authorities froze the accounts of some Lehman clients, and overseas hedge funds withdrew their funds from Goldman Sachs and MG Stanley.

At this time, Paulson, who already felt that the White House was somewhat dissatisfied with him, had to fly to Washington on a special plane with Bernanke to attend the meeting of the President's Financial Market Working Group and explain the Lehman bankruptcy.

The sleepy-eyed Andy removed Lushan's claws, which were deeply trapped in the gentle town, and stretched his backhand to the trauma cabinet behind him, took the buzzing mobile phone and directly connected it.

"Say--"

Andy closed his eyes, and said in a dry voice, he was so happy last night, he was too excited to play a little too much, not only tossing Ivana, who is not bad at fighting, whining and begging for mercy, but also Rarely tired.

"Okay, I see, give Lehman people some time to move, since our people are already in place, let several companies and all departments work as usual, and I will send an internal letter later Mail, to stabilize people's hearts, um, that's it, you keep an eye on it, as for the circuit breaker mechanism, ha ha, haven't we prepared for it? Just follow the discussion, the sparrow war, the accumulation of more..."

Hanging up the phone, Andy threw the phone away casually, yawned, he was a little tired and wanted to go back to sleep, he was interrupted by the ringing phone again, he helplessly lifted the silk blanket, grabbed the phone and went to the bathroom, I didn't want to wake up Ivana who was almost spoiled by me.