Chapter 2746: Interception
When the morning light faded, Marika fell into a deep sleep again. This night, Feng Yiping, who had worked hard and tossing and turning, simply got up with his clothes on.
At this time, the morning clouds were clear and the sea was soft. It seemed like it would rain.
He couldn't help but send another message to Li Ruiyuan, not through the SMS function, but using one of Facebook's key products this year.
As the boss, the father of Party A, the undisclosed chief product experience officer, etc., he is naturally the earliest user of this product.
Li Ruiyuan, who was paying close attention to the news in Peanutton, immediately replied to Feng Yiping, "Paulson is having closed-door talks with Fuld."
Looking at the "read" status displayed immediately, he couldn't help but think more.
Could it be that the boss, who seemed so sure, was actually a little worried at this time? In other words, is it possible that Paulson will announce a bailout for Lehman on behalf of the US government?
If that's the case, that would be a bit troublesome.
That means that not only will Lehman not go bankrupt, but its stock price may rebound. In other words, they have lost the best opportunity to short-sell...
Well, since the boss didn't say anything, it should be fine.
He is really worried.
The reason why Feng Yiping is so concerned is not because he is worried that the situations he imagined will occur.
Feng Yiping was just a little emotional.
To be honest, he is very interested in what is happening in Paulson's office at this time, because such things are really rare now.
In a country that regards itself as a model of democracy and a free market, the head of a private financial company that has caused huge losses to the country and society due to its blind pursuit of profits, and has itself fallen into trouble, actually... Such a bright-eyed man went to the Minister of Finance of the country and threatened him to bail out his company.
Feng Yiping believes that there are not many screenwriters in the world who can write such a plot.
This is the 21st century.
And such a thing would have been difficult to imagine even in the 18th and 19th centuries.
Putting aside whether Lehman and Fuld did this is justice or correctness, from another perspective, such businessmen are really very arrogant.
From the perspective of a businessman, Feng Yiping actually felt that what Fuld and the others did was quite encouraging.
This is the real capitalist capitalist.
Unfortunately, what Fuld is facing now is also a capitalist among capitalists, and he was once a representative of their old enemy.
So I guess the outcome of this matter will not be satisfactory.
These outrageous tactics of Wall Street investment banks are always more effective outside the United States.
…………
In Paulson's office, Fuld, after being aggrieved for a while, said in an oppressed and bullied role, "Although the problem seems to be quite big at the moment, we will work hard to solve our own problems. We have no regard for the government." Any other requirements,"
Paulson looked at him calmly and said, please continue your performance.
He was still interested in watching Fuld perform.
It was rare for the once arrogant and arrogant old enemy to show such a weak and cautious look in front of him, even if he was performing.
"We just hope that the government can provide us with guarantees or inject capital when we need it, as it did before, like Bear Stearns and Fannie and Freddie when they encountered difficulties," Fuld looked at Paulson closely. .
He saw that Paulson's eyes were a little wandering for a moment, looking at an unknown place behind him, but soon the two eyes behind the lenses focused again, "Sorry Fuld, I tell you clearly, Whether it is to guarantee debt or inject capital, the Fed does not have this power, and the government will not take action,"
At this moment, Fuld, the old navy man, almost wanted to lift up the chair and give the guy opposite him a hard blow on his bare head.
Calm down, be calm, now is the time to beg him.
He thought again of today 7 years ago. On this day 7 years ago, his company's headquarters was reduced to ashes. Could it be that after 7 years, we will suffer a greater crisis?
No, I won't let that happen.
"Based on the previous three examples, Hank, do you think my request is too much?"
He did not directly ask why the Fed had the power to guarantee debts and inject capital in the previous three times.
"Or, Treasury Department," he said with emphasis on "Treasury Department." He believed that Paulson should be able to tell that he was talking about "Goldman Sachs' Treasury Department." "It's just as rumored. , must Lehman be used for surgery?”
If that were the case, he would turn around and ask the public relations department to continue taking action, making sure to give Paulson and Goldman Sachs a good look.
Anyway, public opinion has been created.
Paulson is still very calm - this makes Fuld very unhappy. Are you still not worried at all?
"Don't get excited," Paulson said. "We will never sit idly by. First of all, we have helped Lehman contact two buyers, Bank of America and Barclays of the United Kingdom."
"Secondly, although the government does not guarantee debt, don't worry, I will let other Wall Street companies, each and every one of them, contribute funds to buy out your..." He also paused, and then said, "Mortgage assets,"
He really wanted to say, "That pile of garbage,"
Fuld immediately turned from anger to joy, and I knew that my arrangement was not in vain, "Let's organize this party,"
Paulson did not refuse, "Then you can prepare now,"
He picked up the briefcase on the table and said, "We're going to New York now,"
Tomorrow is Friday, and including the two days of the weekend, they only have three days to save themselves.
"Okay," Fuld took the initiative to open the door and saw Paulson's entourage, all holding suitcases waiting at the door. This was a good posture. Fuld felt at this time that Paulson was pretty good. Somewhat public-minded, "Take my plane?" he suggested.
Paulson didn't say anything, so he took advantage of your plane? Sorry, I don't have that kind of relationship with you.
One of the attendants immediately said, "We have made arrangements. Hank has purchased one at his own expense."
After boarding the plane, he couldn't help but gossip, "AIG (American International Group, the largest insurance company in the United States) seemed to be particularly enthusiastic when chartering the plane this time,"
But, at times like this, no one cares about this issue.
…………
At 8 pm on Friday, September 12th, the grand ballroom of the Four Seasons Hotel in Lower Manhattan, New York, was brightly lit. Fuld, who was always strong and smiling, acted as a doorman and greeted his colleagues in front of the door. Goldman Sachs, Morgan Stanley, Merrill Lynch, Morgan Stanley, Bank of America, UBS...
But the heads of all major Wall Street firms are not as happy as Fuld.
They knew that tonight's banquet must be a real banquet without a good banquet. This trip would probably involve bleeding, especially for a competitor, for that bastard Fuld.
Sure enough, when everyone sat down in the conference room, Paulson said expressionlessly, "By next Monday, Lehman will not be able to fulfill its responsibilities."
"It is a partner of everyone here, and its collapse will have a huge impact on everyone." His eyes swept across the faces of the big guys at the table, "This is your problem,"
"The government has tried its best before, but now at this disastrous moment, you can only rely on you to find a way to get through it,"
"You have to solve the problem and pay the price," he said coldly.
"We found two buyers for Lehman, Bank of America and Barclays of the United Kingdom, but the prerequisite for them to launch the acquisition was to divest Lehman's toxic assets,"
"Buying these toxic real estate assets," he looked at the bank bosses with mixed expressions, "is your responsibility."
"I'll tell you the truth," he glanced at the face of the person in charge of the bank present again, "Those who are here but are unwilling to help with this matter, we will remember you."
If Feng Yiping were present, he would definitely applaud his words. Not long ago, the head of the bank threatened him. Now, he is collectively threatening the heads of all major banks on Wall Street.
ox!
Wonderful!
At such a moment, his threat was effective. The conference room was quiet for a few seconds. Then, although the bosses looked reluctant, they had to pick up the documents in front of them.
The person in charge of Xiaomo, Jamie Dimon, who had been threatened by John from United Fund, turned over a few pages and sighed, "Everyone is pressed for time, so let's make this simple."
"The people just want to see us pay for these things, so it's better to just do it. We are willing to pay $1 billion,"
Goldman Sachs' Lord responded immediately, "We will also provide 1 billion,"
Everyone's eyes immediately turned to Damo's Mai Jinheng. He was also extremely helpless. Our family didn't have much food left. But in the face of Paulson's cold gaze, he had to express his position, "We are also out of luck." 1000000000,"
A smile appeared on Paulson's face, but Fuld, who was waiting in the conference room next to him, subconsciously felt that something was wrong. If others didn't say anything, how could that guy Lord be so cooperative?
He seemed to smell a conspiracy.
…………
During a break, John Thain of Merrill Lynch saw his former rival, Lord, the current head of Goldman Sachs, walking towards him. He nodded and didn't want Lord to stop him, "John, "
Lauder also motioned for him to move aside.
John Thane hesitated for a moment, then followed him, just to see what tricks you had up his sleeve.
Anyway, I can’t wash away the Goldman Sachs label.
"John," Lauder whispered, "to our knowledge, Bank of America can only conduct a transaction of this size once,"
John Thane looked at him in surprise.
"Yes," Lauder nodded. "The acquisition of Nationwide Financial Corporation has caused them a lot of trouble. Lehman's mortgage industry chain is not very attractive to them."
"But not only do you not have any big problems with mortgage loans, you also have the largest sales network among investment banks. You know, Bank of America happens to be interested in this,"
"John," Lauder said earnestly, "you know, the only one in the country that can acquire you is Bank of America."
Looking at John Thain's expression, he said "Oh", "So you have thought of it too,"
John Thane didn't say anything. Who's worse than you?
"You can't miss this opportunity, you have to seize it," Lauder nodded to him, turned and left.
Paulson, who was walking down the stairs, saw this scene in his eyes, "John," he stopped John Thane who was trying to avoid him, and asked in a low voice, "Bank of America?"
John Thane knew he couldn't hide it, "Sorry Hank, I have to think about Merrill Lynch,"
"Get them, Lehman, I'll figure it out," Paulson patted him on the shoulder with a smile on his face...
ps: I’ve coded so much today, why don’t you guys give me a ticket to express your gratitude? Monthly tickets and recommended tickets are welcome.