rebirth against the times

In response to Mr. Lei's call for rescue, Bank of America came up with an idea after some calculations, which was to use a combination of loans and equity for the acquisition. Mr. Lei was overjoyed and immediately organized relevant negotiations. The negotiation process seemed to be surprisingly smooth.

The teams on both sides showed extremely high efficiency. What Mr. Lei did not expect was that after some negotiations, at 13:17 pm, when the final acquisition agreement was being drafted, the Bank of America headquarters suddenly announced the termination of the acquisition.

Negotiations, and there is news that the Bank of America is ready to cooperate with Merrill Lynch. Mr. Lei kept asking why? The other party just smiled bitterly, "You know, Goldman Sachs and Morgan don't want us to merge, the pressure is too much. And Merrill Lynch made an impossible offer to the board of directors

The condition of rejection is that we can only choose Merrill Lynch." After hearing what the other party said, Mr. Lei lost all his strength and sat slumped in the office, unwilling to move a finger.

The confirmation of this news made Bai Shuo even more admire Hans, a young financial talent who likes Chinese culture, who can actually judge such an influential event through a very inconspicuous piece of news. At this moment, he has made up his mind.

I am determined that after this incident is over, I must find a way to completely bring Hans into my team. With his intelligence and love for Chinese culture, he will definitely become a very good person in my career in the future.

Help.

Fortunately, there is always a road ahead. In the afternoon, news finally came from Barclays Bank, Lehman's last hope, that it was willing to acquire Lehman Brothers, but they only acquired high-quality assets. Lehman's non-performing assets needed to be divested by major U.S. banks.

The organization had the bottom line. Although the conditions were very harsh, it was not an unattainable goal. Mr. Lei once again burst out with tenacious fighting spirit. At this moment, he felt that the energetic and fighting boy in his youth was back. He firmly believed that Lei

Man will definitely survive the crisis and regain its glory in his hands. Yes, as long as we get through this, it may only take half a year. It doesn't matter if we suffer some losses now, those commercial properties will appreciate again.

It will even exceed the previous high. By then, Lehman will once again stand at the top of Wall Street.

Mr. Lei found Lao Cai again and shamelessly asked Lao Cai to continue to help Leman out of the predicament. Regarding Lehman's matter, Lao Cai has also been mentally and physically exhausted recently. Especially in the past two days, he feels as if his days are like years, with high-intensity work.

The old man suffered great physical and mental damage due to the tremendous pressure. Although from the bottom of his heart he looked down on Mr. Lei, from the perspective of the Ministry of Finance, he had to make efforts to save Lehman.

.

After some coordination or coercion by Lao Cai, the major banks in the United States finally agreed to "cover" for Lehman. Mr. Lei, who had been standing by and looked very nervous, finally shook his hands and took out the

A heart-saving pill, I swallowed it without even taking a sip of water. Happiness came too suddenly. Lehman, who had been lifeless a moment ago, finally saw the light of day again. These two days have been a roller coaster ride day and night.

Generally speaking, his little heart was already a little overwhelmed.

Similarly, after learning the news, Bai Shuo also immediately went into a panic. Such a change caught everyone off guard. Now it seems that with both parties reaching an agreement, nothing can stop the rescue of Lei.

Mann's plan. Everyone is busy again. Weilun and the others have even begun to dig out the original backup plan, and are deducing and re-formulating plans to recover losses based on the premise that Lehman is acquired by Barclays.

Bai Shuo did not stop Weilun and the others. After all, it is always better to have more records, but he still cheered everyone up with confidence. Until the last moment, you will never know who will win and who will lose. But Bai Shuo also felt at this moment that he would win.

It's uncomfortable to let others control your destiny. In the future, if you become stronger, you must be the one who controls your destiny, instead of passively guessing the final outcome.

In the evening, everything was ready. Mr. Lei accepted Barclays' acquisition plan with a tragic and joyful mood and the determination of a strong man to break his arm.

But what he never expected was that Barclays suddenly changed its mind. "We are very sorry. After the subprime mortgage crisis, the banking regulatory authorities believed that the risk of investing in Lehman was too high. I am very sorry." This was the message left by the person in charge of Barclays' acquisition plan.

The last words to Mr. Lei.

Brother, you don’t even buy food at the vegetable market with such dishonesty. He didn’t expect that an internationally renowned institution like Barclays would go back on its promise and show no integrity. Mr. Lei collapsed, yes, he collapsed. As the last straw was

After breaking it, he didn't want to worry about anything anymore. He went to bed and covered his head with the quilt, and fell into a deep sleep. He was too tired...

At 9:12 a.m. on September 14, the International Swaps and Derivatives Association (ISDA) announced that it would allow investors to offset credit derivatives related to Lehman to avoid being involved in the huge whirlpool caused by Lehman's bankruptcy in the future. This news

The market fell into panic, but Shang Baishuo and others were very excited, which indicated that the anxious hearts could finally settle down.

"It seems that Lehman's bankruptcy is basically a foregone conclusion." Liu Shu murmured.

"Don't worry, there is still a trace of luck in the current market. Maybe no one will believe that Lehman will really go bankrupt until the day it goes bankrupt." Bai Shuo said.

"Is this what you call 'I won't give up until I reach the Yellow River'?" Hans, who is half Chinese, asked Bai Shuo in broken Chinese.

Bai Shuo patted Hans on the shoulder: "That's what I mean, Hans, your Chinese knowledge is getting better and better."

On that day, Mr. Lei had a long phone call with Mr. Lao Chu, chairman of the Federal Reserve Bank of America. Everyone knew that Lehman's current situation must be resolved before Monday, otherwise the outcome would be very ugly. On the phone, Mr. Lei told Mr. Lei that the current situation

The only way out was bankruptcy, but no one knew more about the contents of the phone call. But then Lehman held an emergency board meeting. The meeting lasted for a long time, and no one outside could know the specific content.

Liu Shu: "Lehman doesn't have any other tricks, does he?"

Liang Ying: "Judging from the current situation, there is no other way except bankruptcy."

Liu Shu: "I always feel uneasy in my heart."

Bai Shuo patted Liu Shu on the shoulder and said with a smile: "It is not easy for such a giant to fall. Although it is a foregone conclusion, it is inevitable that there is some dying struggle. I think those people in the venue now are nothing more than

It’s a bit unwilling or difficult to accept the reality, but don’t worry, the boots will eventually fall.”

Finally, after nearly six hours of discussion late into the night, the board of directors of Lehman Brothers reached an agreement on the conditions set by the Federal Reserve Bank for the collapse of the company.

At 1 o'clock in the morning on September 15, Mr. Lei walked out of the Lehman headquarters building lonely. Facing the media who had already heard the news, he read out the board of directors' resolution: Lehman Brothers Investment Company applied for bankruptcy protection act No. 11 from the federal government.

At this time, the atmosphere at Lehman Headquarters was completely opposite to the atmosphere in Bai Shuo's villa. The live scene in front of Lehman Brothers was playing on the TV. Liu Shu burst into tears and hugged Liang Ying fiercely and cried.

He said: "We won, we won." Liang Ying knew that every nerve of this brother had been tense recently, and now he was finally completely relaxed.

The cheering people lifted Bai Shuo high and kept throwing it into the sky. Fortunately, the basement floor was high enough, so there was enough space for Bai Shuo to enjoy the flying feeling.

After the excitement, Bai Shuo said to everyone: "Let's go! Let's go have some fun too."

Liu Shu smiled and asked: "Where are we going? Want to have midnight snack?"

"Go and witness history!" Liang Ying replied on behalf of Bai Shuo.

The headquarters of Lehman Brothers is located in the center of Times Square. Although it is already late at night, the place is bustling with people. At this time, the once glorious headquarters is in a mess, and documents and information that were previously regarded as treasures are scattered like waste paper.

One by one, dejected investment banking elites in suits and ties were walking out of this former fourth-largest investment bank in the United States. In their hands, they were holding cardboard boxes, document bags, artwork, umbrellas and other office items, almost all of which, without exception, were printed with

"lehman

others” identifier.

Police cars flashed on the street, and Seventh Avenue, adjacent to the headquarters of Lehman Brothers, was crowded with reporters and onlookers. Many people said goodbye to each other at the door, hugged each other, seemed to have tears in their eyes, and turned a deaf ear to the questions of media reporters. One of them

He suddenly became angry and shouted at the onlookers, "What's so interesting about this? Do you think this is interesting?"

Bai Shuo and Liang Ying stood silently on the street watching everything that happened. "I can't believe that Lehman Brothers actually fell. This 158-year-old giant fell so easily." Liu Shu still said.

There are also some incredible things to say.

At this time, the cardboard box in the hands of a black guy on the street corner was hit, and the things were scattered all over the floor. He instinctively wanted to bend down to pack the items, but he kicked the cardboard box away violently, and then squatted on the street with his hands.

He covered his face and started crying. Bai Shuo suddenly walked over and helped the black guy pack his things. Upon seeing this, the black guy immediately took the box and packed the remaining things, then stood up.

"Hey, you are...you are Mr. Bai." The black guy also recognized Bai Shuo. Yes, this black guy was officially the one Bai Shuo met when he visited Lehman last time.

"You are such an adult, why are you still crying here?" Bai Shuo asked.

The black guy wiped away the tears that were still wet, smiled slightly, and showed his white teeth: "Nothing, just some feelings. After working here for so many years, I just said no." When he said this, the guy choked up again.

Already.

"What's your name?" Bai Shuo asked.

The black guy immediately stretched out his hand and said, "Oh, my name is Mark, nice to see you again."

Bai Shuo stretched out his hand and shook it with Mark, then patted his shoulder with the other hand and said: "Mark, the lyrics of a song in our country say this: "All the honors yesterday have become distant.

Memories. I have spent half my life working hard, and tonight I walk into the wind and rain again. I can't drift with the waves, for the sake of my beloved relatives. No matter how hard it is, I must be strong, just for those expectant eyes. If my heart is in a dream,

There is true love between heaven and earth. The heroic life depends on success or failure, but it is just starting from scratch."

Bai Shuo translated the lyrics of "Start Over" to Mark, which immediately touched Mark. Bai Shuo then said: "Think more about your relatives and friends who support you, and keep working hard for them."

Mark smiled slightly, "Thank you, Mr. Bai, I think I will cheer up soon." He held the box with his left hand, stretched out his right hand again and held it tightly with Bai Shuo.

Bai Shuo asked: "By the way, Mark, what exactly did you do at Lehman before?"

Mark: "I was an economic analyst at Lehman for three years."

Bai Shuo was immediately happy when he heard this. The next thing his investment company lacked most was experienced, honest and reliable economic talents. After several contacts with Mark, Bai Shuo felt that the black guy in front of him had a sincerity and sincerity in his bones.

Modesty.

"Mark, I wonder if you are interested in joining our team?" Bai Shuo extended an invitation to Mark.

Mark looked at Bai Shuo overjoyed: "I...can I? Really?"

"Of course it is true. But maybe the place where I will work in the future is not limited to the United States."

"I...I have no problem, I...I can do it. I am a good person, I mean I will be a good employee." Mark was so excited that he couldn't express his words.

Bai Shuo smiled and patted Mark on the back: "Okay, let's go. Tomorrow will be a new beginning."

Mark, Bai Shuo and his entourage also slowly left with the gradually thinning crowd. After a while, Mark turned around again, looked at the Lehman headquarters building in the lights and said softly: "Goodbye, Lehman Brothers!"

It was destined to be a restless night, and when the sun rose, there was no more "Lehman Brothers" on Wall Street.

(These chapters are heavy dramas. Forgive me that I couldn’t make up some of the process details myself. I consulted and borrowed a lot of online information. I hope you can understand.)?