rebirth against the times

After the lively atmosphere just now, Bai Shuo once again brought everyone's thinking back to the analysis of the problem, and also gave a hypothetical established condition. At this time, everyone's thinking became active again.

After another discussion, Liang Ying suddenly made a suggestion: "We might as well do a deduction, starting from Lehman's very bad performance tomorrow, deduce and calculate various possibilities, and then set up a response plan, so that even if

We can handle it calmly no matter what happens.”

Bai Shuo immediately agreed to the proposal and added: "Let's focus on deducing what we should do if Lehman goes bankrupt."

Weilun analyzed: "The impact of Lehman Brothers' bankruptcy cannot be compared with that of Fannie and Freddie."

eddiemac, Bear Stearns. Judging from the current market situation, Lehman Brothers' net assets and other assets are not enough to repay debts. In other words, one dollar of debt is not as simple as 100 cents. Lehman Brothers' debt

It will trigger credit default swaps, impact the global financial system, and the real estate crisis will eventually evolve into a new round of financial crisis."

Then everyone not only expressed their opinions, but also deduced various possible situations. The efficiency of these elites was staggering. Bai Shuo did not expect that they quickly established several complete sets of plans. In the evening,

Bai Shuo came to the platform alone again, turned on the light, and read the plans. However, Bai Shuo was still more inclined to Lehman's bankruptcy. This was based on the memory of future generations. However, based on the current situation,

It seems that the United States has no reason to abandon Lehman, and the same is true in actual actions. Bai Shuo is willing to believe his feelings, but he cannot be divorced from reality and only rely on his feelings to do things. Lehman's results will be announced tomorrow.

, it will definitely cause some commotion again, what kind of commotion will it be? Bai Shuo had a headache thinking about it. At this time, Anna also came to the platform, and seeing Bai Shuo's headache and swelling, she asked: "I need to help you.

Rub it?"

Bai Shuo couldn't believe that these words came from Anna's mouth, but he still accepted it happily. Anna gently straightened Bai Shuo's body, let his head lean on the back of the chair, and then gently touched the fingertips of both hands.

Pressing on the temples and side of the head, he pushed slowly. Bai Shuo didn't expect Anna to have such a hand. He only felt that the whole scalp was numb, as if a wave of ripples was rippling repeatedly in the entire head, and he felt tired wherever he went.

All in all. Gradually, Bai Shuo felt his whole body relax, and he actually felt a little sleepy.

"I didn't expect you have such skills." Bai Shuo praised.

"It's nothing. I have learned a little bit about everything before. This kind of massage can not only make people feel comfortable, but can also make people die without knowing it..."

Anna's words frightened Bai Shuo so much that he lost all sleep and suddenly sat up. "Um, do you still know how to chat? It's not good to scare people like this."

"I'm just telling the truth. I won't kill you. What are you afraid of?"

Bai Shuo smiled: "Of course I know, but I still shudder when I hear it."

"Okay, I won't talk about this from now on. You've always been worried recently. Are things difficult?"

This was the first time in memory that Anna asked Bai Shuo about things normally. So Bai Shuo asked Anna to sit down and chatted with Anna in a serious manner. After all, Anna had worked in the embassy and often followed Bai Shuo.

I heard many things they discussed. I still have some understanding of the international situation, economic situation and so on.

Hearing Bai Shuo nagging these things to herself, Anna smiled: "I don't know much about too profound questions, but I think Mr. Lei of Lehman Brothers has a really big temper, and he has given the government problems again and again. I

I don’t think any boss would like such an employee.”

Indeed, compared with the entire American government, Lehman is still somewhat insignificant. It is not an exaggeration to say that he is an employee.

"But now the boss's company has a problem, and this employee is very important." Bai Shuo said.

Anna: "I don't know how important it is, but for those who are disobedient, no matter how important you are, the boss will suppress you appropriately. Isn't there a saying in your country that kills one to serve as a warning to others?"

Bai Shuo tasted Anna's words carefully, and suddenly he had a flash of inspiration. Some things that he had not figured out before seemed to suddenly become clear. In addition, after being massaged by Anna just now, his mind was very clear, and the whole context was clarified in one fell swoop.

.

"Well, yes, I know!" Bai Shuo stood up from the chair happily and shouted loudly. Looking back and seeing Anna's delicate and beautiful face, Bai Shuo suddenly held her face, looked at her and said

: "Anna, you are so wonderful, I love you so much." Although it was only a short moment, Anna's face was already flushed when she lowered her head again.

Early the next morning, Bai Shuo immediately summoned everyone and told everyone his thoughts: "As the crisis has amplified, the United States' assistance responsibilities have increased several times, but in fact they cannot take care of it at all. On the other hand,

The Federal Reserve's invisible bailout of financial institutions has stimulated moral hazard. Even though Lehman has suffered huge losses in CDOs, it is still increasing its long CDO positions according to its second quarter report. I think except Mr. Lei, he has always been optimistic about the real estate market.

In addition, behind such fearless behavior is a bet that the government will provide assistance no matter what. And because the market is very consistent in its expectations that the government will provide assistance, creditors still dare to continue to put money into institutions engaged in high-risk product investment. If this continues

, will become a vicious cycle. We must know that the Federal Reserve is not an ambassador for bankruptcy assistance, and the US government will not be taken advantage of."

"According to what you said, do you think the US government will give up rescuing Lehman Brothers?" Liu Shu asked with wide eyes.

Bai Shuo thought for a while and said: "If I were the Federal Reserve Bank of America, I think that when it is unable to rescue all companies, I might choose a reckless institution with enough influence to shock the market and actively give up all potential commitments to it.

Let it collapse completely to warn all market participants not to have illusions and completely cut off the source of risks. According to Lehman's behavior, I think it is very likely that it will unfortunately become a negative example."

Liang Ying was shocked: "This is killing a chicken to scare the monkey."

"Well, that's understandable."

"Mr. Bai, your remarks shocked me again. Let me think about it first." Liu Shu lowered his head and thought. Everyone in the conference room also became quiet. Everyone was thinking about what Bai Shuo said.

It was possible, but no one made a bolder conclusion. Seeing that the time was getting closer and closer, Liang Ying stood up and said: "Don't even think about it, just tell me what to do." After scanning everyone around,

Liang Ying finally focused her attention on Bai Shuo.

Bai Shuo thought for a while, as if he was still struggling in his heart. After a while, Bai Shuo finally raised his head and looked at everyone with extremely determined eyes: "Implement the first plan. Focus on increasing the proportion of peripheral markets first.

"

No one spoke at the scene. After Bai Shuo gave the order, everyone immediately got into position and prepared for action. The so-called first plan was based on the plan that Lehman Brothers would eventually go bankrupt. The specific implementation was generous.

Short the rice dollar and short the global stock market. The reason why we start with the peripheral market is because after deduction, if Lehman's bankruptcy leads to a more severe financial crisis, the peripheral stock market will definitely be severely shaken. However, if Lehman is rescued, the reaction of the peripheral market will be average.

It will also lag and decay, giving Baishuo enough time to adjust.

What is due has come, and Lehman Brothers’ third quarter financial report has come out (ps: the fiscal year is different, so I won’t explain more). The report shows that Lehman Brothers lost 3.9 billion yuan in the third quarter of that year, far exceeding

The market expected this to be the heaviest loss suffered in a single quarter in its 158-year history. The market was in an uproar, and Lehman's stock fell sharply.

Liang Ying and Liu Shu both had expressions of relief on their faces, obviously this result was the most favorable. Hans looked at Anna aside: "Hi, dear Anna, you won yesterday's bet, that's great.

"

Anna glanced at Hans and smiled slightly without saying anything.

After a while, Weilun received news: Barclays of Great Britain was in close contact with the U.S. Treasury Department, and the Bank of the United States seemed to be making moves, probably to acquire Lehman.

"Did Barclays of Great Britain put forward new conditions?" Liang Ying asked eagerly.

Weilun shook his head: "I don't know, but I guess it is just hoping that the American government will provide more preferential conditions."

Not long after, Hans also received news that the Bank of America team was nervously formulating a plan to acquire Lehman.

"Is it still Barclays and Bank of America?" Liang Ying muttered silently.

When Lehman's financial statements were exposed, it seemed that the market only caused a small splash and then calmed down. Although Bai Shuo and the others knew that there was an undercurrent surging behind the scenes, the final result still seemed confusing.

The day of September 11th still seemed calm. Bai Shuo went for a morning jog with Anna early in the morning, and then had a hearty breakfast before going to the studio to see her who was already nervous.

Busy Liu Shu and the others. Last night, Zhong Pengcheng had taken in a large number of short-selling transactions in major Asia-Pacific stock markets as planned. In the early morning, William also began to short-sell Europe in a large amount. However, the market is still calm now. In the afternoon, the computer

Genius Kevin and math prodigy Tong Lin also rushed to the studio. After Lehman was struck by thunder, Liang Ying arranged for them to come to support. The two of them immediately jumped into the battle before they had time to rest.

September 12th is a Friday. The weather is a bit gloomy, and the cool breeze on the street rustles the fallen leaves from time to time, making people feel desolate. In a large conference room of the Bank of America

Here, a group of financial talents in suits and ties are nervously calculating Lehman's assets and making the final sprint for the acquisition. John, the leader of the team, has not had a good sleep for two days. Since Lehman's third quarter results

After the thunderstorm, he felt that the pressure on his head was getting bigger and bigger. On one side was the constant pressure from the US government, and on the other side was the wavering of the company bosses. He had already made up his mind to take a good rest after this time.

For more than half a year, he has fallen into fatigue and fear every day. This is something he has never experienced in his 20 years of work.

"Hey, what's the situation with Lehman's more than 30 billion yuan of commercial real estate and residential buildings? Have you done the calculation?" John urged a few young people impatiently. He felt that these young people were really useless and could do nothing.

It took such a long time, and I am not as capable as I was back then.

At this time, financial news was being played on the TV in the conference room, and suddenly a piece of news attracted everyone's attention. The U.S. Treasury Secretary "Lao Cai" officially issued a statement, declaring that the government would not assist Lehman Brothers. You must know that Lehman

The acquisition plan of Bank of America is based on the help of the Federal Reserve Bank of America to "cover the bottom line". Now the Fed Bank of America's intention is clear that it doesn't care and you can play your own game. This means that the previous acquisition plans of Bank of America and Barclays have undergone huge changes.

Change, all the hard work during this period was in vain.

John threw the information in his hand heavily on the table: "Fuck, how can this be fun?" Everyone in the conference room looked at each other, not knowing what to do. At this time, John's cell phone rang.

, the company boss officially informed him that the plan was suspended. John hung up the phone and yelled angrily: "Shit, eat shit, everyone go eat shit."

After cursing, and seeing everyone looking at him at a loss, John said helplessly: "Let's break up, let's all go and have a good rest." For a while, the conference room became a mess, and only John was left.

Sitting alone at the conference table, you must know that for some time in the past, this conference room was considered to be the hope of saving Lehman and even saving the economy.

At the same time, Lehman Brothers was also in chaos. At this time, Mr. Lei felt the seriousness of the situation. He finally put down his arrogance and called Mr. Cai of the Ministry of Finance again. Mr. Cai knew that Mr. Lei was notoriously difficult to deal with.

I had no choice but to agree to help with a game that night to see if I could win some sponsorship.

At this time, Bai Shuo was also on a roller coaster. He had just seen the news that the government would not support Lehman. After a while, he received news that the Bank of the United States had suspended its acquisition plan. But at noon, he heard the news again in the evening.

Lao Chu, chairman of the Federal Reserve Bank of the United States, made a plan and invited the bosses of major financial groups to have a feast at the Four Seasons Hotel.

Liu Shu muttered: "Does this mean that the government is unwilling to come forward, but is directing various consortiums to clean up behind the scenes?"

Bai Shuo looked at the date and time on the table and suddenly said: "It seems that the last moment is coming."

Liang Ying smiled: "It seems that the US government still intends to save Lehman, but due to public pressure, it is difficult to take action directly, so why not wait any longer?"

"Aren't we always used to going retrograde? The more we do this, the more benefits we will gain."

A sinister smile appeared on Liang Ying's lips: "I am afraid when others are greedy, and I am greedy when others are afraid. Now that you have made up your mind, please start your performance."

Bai Shuo immediately summoned Liu Shu and others and began to deploy operations. The specific policy was very simple: allocate all funds and increase leverage to short the US stock market. However, the specific operations had to be completed by Weilun and William.

When everyone gathered together, Bai Shuo showed a strange smile and instructed William: "William, let's start, increase the lever to the maximum, and use full firepower."

Liu Shu was startled and asked quickly, "There are still so many unknown factors, should we wait any longer?"

William also smiled and said: "Bai, have you decided to stud so early?"

Liang Ying smiled: "Today is already Friday. Looking at the situation, the United States will not let Lehman's matter be postponed until next Monday. Wait until the day lilies are cold, and William will step in. It's time for a showdown.

Victory or defeat, in the words of our Chinese country, this is called a last-ditch battle."