reborn industrial empire

In fact, Morgan has been dissatisfied with Lehman for a long time, and the main reason is because of the close relationship between some of Lehman's senior leaders and current Republican senior leaders and the most important presidential candidate McCain.

As we all know, the relationship between Morgan and the Democratic Party in the United States has always been very close, because in terms of the most fundamental original purpose, the Morgan family is a Jewish family after all, and in the past few hundred years, the lives of Jews in Europe have not been easy.

It was only after World War II that things got a little better, so the Morgan family became more appreciative of the Democratic Party that pursued tolerance, equality and charity.

Although the Democratic Party was actually founded with the support of the Rockefeller family in its earliest days, Morgan was the large financial group closest to the Democratic Party in its later years.

Of course, they are not just betting on the Democratic side, but they also have a lot of investment in the Republican side. That is why they have been able to survive in the American political and economic circles for more than a hundred years.

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In fact, the main reason for acquiring Lehman this time is related to the ongoing US presidential election this year.

Since the economic crisis broke out last year, two of Morgan's banks, JPMorgan Chase and Morgan Stanley, have been severely hit, especially Morgan Stanley, whose main business direction is investment.

In fact, over the years, the biggest initiator of the subprime debt that Wall Street has been playing with is Morgan Stanley. As early as the 1930s, this investment bank has always been a dominant player on Wall Street. Later, in the 1980s, Goldman Sachs relied on

Using official connections, he began to rise rapidly on Wall Street, and in just a few decades, he became Washington's new favorite, which made Morgan Stanley very happy.

But decades of operation are not in vain. Even with fierce competition from Goldman Sachs, Morgan Stanley has always been an evergreen tree on Wall Street.

Even among the so-called five major investment banks, two, such as Merrill Lynch and Lehman, use Morgan Stanley as their settlement bank. This shows the great influence of the Morgan consortium on Wall Street.

After the financial crisis broke out, Morgan Stanley was the first to be hit hard, and its losses were among the highest among many investment banks. However, they have a close relationship with the U.S. government, and they have always been one of the black hands controlling the Federal Reserve. So they soon

After receiving corresponding assistance from the Federal Reserve and receiving sufficient financial resources, Morgan Stanley gradually regained its strength.

But when he looked back around, he found that Wall Street was in a mess. In order to get out of the quagmire as soon as possible and put order on Wall Street, they had to use tough measures. They swallowed up Bear Stearns, and also fought with the Italians.

I flirted with him and planned to sell Merrill Lynch.

As a result, Lehman Brothers, which had always regarded itself as Morgan's younger brother, could not sit still. Now it seemed that the boss was very unreliable, so Lehman Brothers began to use their brains and planned to establish its own business.

They plan to defect to Republican presidential candidate McCain. Once McCain can take over Bush's position, they will gain great benefits from this political speculation. The most important thing is to get rid of Morgan's influence on them.

control.

Therefore, shortly after Bear Stearns was swallowed up by Morgan in February this year, they began to frequently wink at Republicans and wink at others. Whenever McCain made an important speech, they would always

The timely release of some data showed support for the candidate's arguments, which allowed McCain to be in a leading position in the polls against Democratic candidate Obama.

This moment made Morgan very angry. You must know that although Obama was a dark horse nominated by the Democratic Party last year, some of his arguments were very appreciated by the Morgan consortium.

In particular, Obama emphasizes the elitist line. He emphasizes that the U.S. economy has not yet recovered from the subprime mortgage crisis, so the government needs to protect those companies, and medical care needs to be reformed. People's livelihood needs to be improved, and troops must be withdrawn from Iraq.

Wait, these slogans are very much in line with Morgan's taste.

In particular, the government has to protect corporate quotations, so that the government can blatantly use taxpayers' money to subsidize large consortiums like Morgan. This is a good thing!

Looking back at McCain's argument, that guy has been claiming that the U.S. economy is getting better. The economy is getting out of trouble. Once he is elected, he will significantly reduce government support for major financial companies and enterprises, and also

Strictly control funds, and strengthen supervision of financial management. The most important thing is that this guy not only does not want to withdraw troops from Iraq, he actually wants to recruit troops there.

Although this guy's argument made the vast majority of ordinary people who were very angry with Wall Street happy, it undoubtedly offended the big guys on Wall Street, especially the major financial groups headed by Morgan.

What are you talking about? You want to cut off our food and grass and strengthen supervision over us. The most ridiculous thing is that you don't want to withdraw troops from Iraq. Who doesn't know that you Texans are closely related to the arms consortium? You go and beat us up.

What are the benefits to us people in Iraq?

So the people in the Morgan consortium were angry, and some other Wall Street consortiums were also very angry at the Republican candidate's remarks. What do you mean by this, are you planning to declare war on the entire Wall Street?

But the key is that Lehman actually jumped out to support McCain's argument at this time. The most disgusting thing is that this is not just once or twice. Whenever that bastard McCain gives a speech in various states, saying that the U.S. economy is improving.

, these bastards like Lehman will release some data that is beneficial to him. For example, today the xxx index has a slight increase, tomorrow the xxx industry is recovering, etc. These arguments make McCain's data in the polls more favorable than Obama's.

Much ahead.

You must know that Obama is the elite that Wall Street admires. If he continues to do so now, it will not do Wall Street any good.

So Morgan had the idea of ​​​​getting rid of Lehman. Unfortunately, it was not particularly easy for Lehman to get rid of him. This matter required a very strong foreign aid to handle it.

After all, Morgan has swallowed Bear Stearns alive, and Goldman Sachs is currently reeling from the lawsuits of Bear Stearns and Merrill Lynch, so there are not many people who have the ability to take over Lehman.

For those foreign banks, Morgan thought about it and decided to forget it. After all, the capable European banks are now in dire straits. Among them, Barclays wanted to take over Lehman. However, considering the background of Barclays, Morgan still thought to forget it.

, how can they let the people of the Red Shield family put their hands into the United States again?

So now they need a partner with a clean net worth and money. In the end, they chose Thunderbird. Not only was this company not damaged by the subprime mortgage crisis, but it was

Make huge profits, you can hide such performance from others, but how can you hide it from Morgan?

And the most important thing is that the person talking about this company seems to be a new member of the Republican Party who supports Obama, so after Morgan contacted Alice several times, he finally decided to meet Jin Xiaoqiang, the man behind Alice.

Today's Huayang Dynamics is amazing. Taking advantage of the success of the World Games, their reputation in the automobile industry is becoming more and more famous, and they have a close relationship with the Chinese government. Who in this world doesn't know that if you want to make a fortune, you have to go to China.

The truth?

So the people from Morgan had some contact with Jin Xiaoqiang, and finally everyone agreed that everyone was responsible for cleaning up the Lehman matter this time, and we could cooperate happily.

If Thunderbird succeeds in acquiring Lehman, then Morgan will cede Lehman's North American market in the future, and on the other hand, both parties will form a new investment institution to enter China and invest in projects.

...

In 1994, Lehman Brothers was officially listed on the New York Stock Exchange through an IPO and became a public company. In 2000, Lehman Brothers were in high spirits. On the 100th anniversary of their company's founding, their stock price exceeded one hundred dollars per share.

Officially became an upstart in the S&P 100 Index. By 2005, their total assets reached US$175 billion. Not only was their credibility adjusted to A+ by S&P, they were also named the best investment of the year by the European Central Bank.

bank.

However, it was precisely because of their previous arrogance that they lost today. By 2007, due to the large amount of subprime bonds, their assets had expanded to 800 billion at the peak, but only last year did they lose subprime loans.

After the crisis broke out, their assets shrank rapidly. After losing more than 100 billion U.S. dollars, they were left with only 639 billion U.S. dollars. Among them, there was still a large part of toxic assets, which were some subprime bonds that were about to be repaid when due.

Last year, they relied on Morgan's relationship to get 45 billion US dollars in aid from the Federal Reserve, and then regained a foothold in the market. But if they have no money to repay the bonds in their hands, then what awaits them then

It will also end in bankruptcy.

So recently Lehman needed a loan of US$4 billion, but their big brother Morgan didn't respond. When they went to the Federal Reserve, their attitude was ambiguous. Of course, Lehman Brothers' executives knew what the problem was.

Obviously some of the dealings between them and Republican candidate McCain have angered the big brothers on Wall Street, but they have already boarded the Republican Party's pirate ship. There is no way to go back. The cowboys in Texas still have

Rich locals are not so easy to offend.

So during this period, Lehman Brothers are recruiting their major shareholders for financing. The one most recently was Korea Industrial Bank. They hope to get a sum of funds from them for emergency...

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