American Fortune Life
Chapter 1221: Rich Andy (33/64)
Chapter 1220: Get the most benefit with the least mone Next »
Chapter 1222: How far is it from the richest man?
When the Treasury and the Federal Reserve are still worried about the rapidly disappearing liquidity of the market, they are trying to match Goldman Sachs, Citigroup, mg Chase, mg Stanley, and the Bank of America as possible mergers and acquisitions in order to delay or rescue the "cash flow" !!
Whether it is the White House or Capitol Hill, shouting "defend Goldman Sachs, defend mg Stanley", the vested interests began to attack with the help of the lobby group, in order to lobby for the smooth launch of the next rescue plan .
It's just that all kinds of news are flying all over the place, and there are mutual inquiries about the news. The future economic future is unknown, and when it is in a turbid state, because it abandoned the acquisition of Lehman Brothers and wanted to pit the Americans, then it was buying Lei at the price of cabbage Man's high-quality assets, but in the end stolen chickens failed to eclipse the Barclays Bank's acquisition team just landed from Washington Dulles International Airport, exhausted, they could not even take a rest, they contacted Arvitelle, hoping that both parties You can meet immediately to start discussions on acquisition-related matters.
When Andy was in the p-hotel luxury conference room with Barclays President Robert Diamond, looking at the Chinese character face in front of him, two frosts, a low voice, and a smile with a bitter smile, Andy really wanted to sigh with each other A sentence, "Zhou Lang made a good plan for the world, and lost his wife and defeated the army."
It should be known that the total market value of Lehman Brothers a year ago was more than US $ 33 billion. Although Lehman's assets in North America were about US $ 5 billion, the investment banking and capital market businesses in the North American market were valued at the time. It is also considerable.
Andy was able to cut this part of the assets with 250 million US dollars, which is a savage attack on many people who are preparing to make a fortune.
In fact, at this stage, the two sides have not had any leisurely entanglement to meet each other. After all, Barclays is the more urgent party, and Andy has quoted a price of 800 million US dollars, which is also acceptable for Barclays Bank. Yes, because even at this price, they are making cheap, well, they can only comfort themselves so much.
About two hours or so, the two parties reached a transaction agreement. This transaction includes Lehman Brothers' North American investment bank, bonds, stock sales, trading business, and related investment business. About 8,000 employees were retained, and the transaction value was 800 million US dollars. Andy did not make any concessions.
At 5 o'clock in the afternoon, Andy and Barclays President Robert Diamond held a press conference in the conference hall of Hotel P. The news reached hundreds of reporters. Although the scene was slightly noisy, the mood was extremely comfortable at this time. Andy, there will be care about these insignificant things.
In the envious and envious eyes of many reporters, the signing ceremony was completed and the transaction was officially concluded. As the news spread quickly, those former Lehman employees saw themselves being unknowingly again. Selling, the mood is conceivable, but no matter who they are, they will not care about their mood, after all, they should burn the incense in order to keep the rice bowl in the United States at this time.
Whether it is Wall Street or Washington, looking at this latest news, it really has different expressions and complex moods, but more of ordinary people's admiration and envy, and the five-body investment admiring Andy's ability to make money, effortlessly, two days Time, net profit of $ 550 million.
And the American media finally caught the opportunity to ridicule the Englishman who was thinking about falling down and looting the fire. In the news, while whispering Andy's shrewdness, he ridiculed the British for their ridiculous ‘how to be clever’. Lehman's bankruptcy not only caused their own stocks to plummet, but also was pressed to the ground by Andy Smith, obediently slaughtered.
At a time when the US economy was in decline, a touch of joy was added.
The people at Barclays Bank tactfully resolved Andy's invitation to celebrate the party, but after the press conference, he hurriedly left. Andy stated that he understood very well that he would not want to stay with him for a minute.
On the way home, Andy received a lot of congratulatory calls, Warren's envy, Goldman Sachs, mg Stanley's help, admiration for her own woman's admiration, and the scorched Paulson hoping for help.
"Boss, what's the matter?" After seeing his own ** oss hang up Paulson's phone, Al fell into a frowning eyebrows and asked.
"He hopes that I fulfill my promise and help him get moral immunity! I'm thinking whether I should promise him." Andy, to be honest, didn't want to help him, because that would allow Paulson to be able to Formally and freely help Goldman Sachs!
In this rescue process, any decision he makes will not have to worry about being accounted for after the fall, so his courage will become very big.
"Boss, you can promise him that moral immunity is very important to him, but it should be very simple for you to achieve. This is much simpler and easier than the two-party struggle in Congress.
Besides, even if he can help Goldman Sachs, mg Stanley, without any worries, this will not have any impact on us, you do not need to target him in this matter, Wall Street is indeed to the point where blood transfusion must be rescued, who we Don't want it to crash, do you? "
After hearing Al's persuasion, Andy nodded his head slightly and squinted to look at the Washington street scene outside the window. Many shops were closed early, pedestrians were rare on the road, and they were in a hurry.
When he returned home, he was naturally greeted by his mother's admiration and happy smile. Auston was also in a very good mood. He was numb to his money making ability.
After chatting for a while, Andy said Paulson's call for help to Auston, and Auston frowned and said, "According to what I have received, Paulson submitted the acquisition to the President Plan for Distressed Assets. Congress will need to approve an appropriation for the purchase of troubled home mortgages in the market. The amount may be hundreds of billions of dollars. This plan will surely cause huge controversy in both parties in Congress. Think about it.
As for the moral immunity, it only needs to be issued by the White House legal adviser and the Ministry of Finance. The Ministry of Finance has no difficulty for him. Now the White House side has been stuck, which is what your grandfather meant.
Since you have promised that the Smith family will help him once, this moral immunity is undoubtedly appropriate, and it does not require us to expend power, and it can be easily achieved. "
"I see." Andy nodded, and then picked up the phone and called his grandpa and old Smith. After a brief conversation, he went to the topic and said about Paulson.
In this regard, Old Smith agreed with almost no hesitation. Hanging up the phone, Andy slandered in his heart. This may not be the result of the deliberate calculation of his grandfather, the old fox.
On the morning of the next day, September 18th, an interesting situation appeared "successfully". The White House legal adviser and the Treasury Department issued Paulson an exemption document.
Sitting on the boss chair in the Treasury's office, Paulson looked at the exemption document in his eyes with complex eyes and smiled bitterly. After the collapse of Lehman Brothers, Paulson realized that he needed more power to Fulfilling the rescue operation requires authority from the White House and Congress.
He may be able to threaten and order the greedy vampires to follow his instructions in New York, Wall Street, but once he returns to Washington, he is the commandee who needs to circulate and compromise in various political vortices, Washington politics The reality is frustrating.
When Paulson lamented a bit of helplessness, the phone on his desk rang again, and he picked it up without any hesitation, and then it was not easy to see his face became more cold and serious.
"You have to solve the problem this weekend," Paulson reminded the other with a helpless tone.
"Hanke, do you think I should sell Morgan Stanley?"
Hearing the other's sorrowful tone, Paulson hesitated, and finally said: "The consequences of Morgan Stanley's collapse are too serious, John, I believe if you can, you should sell it.
In the evening, I will directly raise this issue with the senior officials of Tianchao. If they are interested, as for Mitsubishi UFJ Financial Group, seriously, I doubt that the people in the basin are moving fast enough because Morgan Stanley's situation is imminent. Don't want to run into situations such as being ravaged by the British. "