The acquisition of the New Jersey Nets by the Nine Heads Sports and Entertainment Company caused a wave of discussion, but Simon was thinking about the future name of the team, but it is still a little early, and it will be better to change the name after the new stadium is completed.

After all, it is already May, and the international economic situation caused by the subprime mortgage crisis is getting worse and worse.

"The **** bank acquired Bear Stearns for every 0.05473 shares of **** common stock for one share of Bear Stearns with huge financing and guarantees provided by the Federal Reserve, valued at about $260 million! Now the fourth largest Investment bank Lehman Brothers is in very bad shape, and the Fed now hopes that other commercial banks or Goldman Sachs, Merrill Lynch, Morgan Stanley can help Lehman Brothers out of the predicament,” Nancy Davis sat across from Simon , with a serious face, the situation is indeed unimaginable, if a bank of this level goes bankrupt, the consequences...

"Bear Stearns Investment Bank, one of the top five investment banks on Wall Street, last year's stock price was as high as $150 a share, but now it's less than $2 a share," Simon smiled and looked at the information in his hand, Bear Stearns Previously, due to the huge losses of the subprime housing loan fund, the capital reserves were also eagerly withdrawn by investors by more than 16 billion US dollars. The **** bought Bear Stearns at a low price, and at the same time received 30 billion US dollars of guarantee funds from the Federal Reserve. Bear Stearns bond collateral.

“Merrill? concerned.

And, unsurprisingly, Bank of America successfully acquired Merrill Lynch, and the largest individual commercial bank in the United States acquired the largest securities brokerage in the United States. It also concealed the amount of Merrill's losses from shareholders, leading to a class action lawsuit against Midland shareholders.

Now, the title sponsorship of the Brooklyn Coliseum is being renegotiated with Barclays. And, I'm not sure, if we can't agree, ****, Bank of America, Wells Fargo are all the objects of negotiation.

"Merrill Lynch is the third largest investment bank after Goldman Sachs and Morgan Stanley. It has a lot of business. Of course, the Federal Reserve and the Treasury Department are involved in the acquisition. Now the worst is Lehman Brothers. Their losses are too large and they are in debt. There are too many, and there is not much capital left, and the inherent assets cannot completely offset the debt," Nancy Davis said, looking at Simon again, and continued:

"Commercial banks on Wall Street, and many investment funds have received letters of advice from the Federal Reserve and the government. The Paulson Fund and our Nine-headed Bird Fund are the key targets!"

Simon was stunned when he heard it, and then sneered: "What are we doing, just because we made a lot of money this time? I want to use our funds to save Lehman Brothers, a dream!"

"Not to mention private equity funds like our Nine-headed Bird Fund and Paulson Fund, even Morgan Stanley, Goldman Sachs, Citi, ****, Bank of America, Wells Fargo and other giant banks are not expected to Save, unless the Federal Reserve and the Treasury can provide more guarantee funds than the **** acquisition of Bear Stearns, who are the people on Wall Street, the government will not know?"

Simon was excited for a while, but soon calmed down and continued: "How big is the Treasury Department's deficit, everyone knows that the Federal Reserve's bailout fund has not yet been decided, and the situation of Lehman Brothers is extremely bad. If we really want to save, we must now invest heavily to stabilize the investors of Lehman Brothers."

"It's hard to say, although Lehman Brothers' business is very large, the government is certainly not willing to see problems with this level of business, but if the cost is too high, the Treasury Department will of course choose to sacrifice some people," Nancy David Sis looked very open.

"After all, in the current situation, it is difficult for anyone to fill that black hole!"

Simon nodded and said: "Yes, the result of Lehman Brothers is likely to be bankruptcy, and the chain reaction will be a global financial tsunami."

Saying that, Simon stood up, walked to the window, looked at it, and said: "The stock price of Liangfang continues to fall, and when the bottom comes, we will close the position as quickly as possible, pay off the bank's loan, and leave Jiutou. Part of the funds needed by Bird Sports, and the rest are invested in the oil futures market to short oil!"

"Short oil for the rest?" Nancy Davis was stunned for a moment, then made up her mind. After tax deduction, the income this time should be at least five or six billion, and then repay the loan, leaving the nine-headed bird. Sports money, the remaining $3 billion to short oil?

"Yes, in August at the latest, I want to see oil futures open positions, 10 times leverage, and at the end of July, the stock prices of the two houses are almost the same, whether the bottom has little impact on us!" Simon wants to be before Lehman Brothers goes bankrupt. Build a long position, otherwise the price of oil will plummet by then, the opportunity is too rare, even if there may be some losses and fluctuations in those one or two months, but with the high price of oil at that time, it is impossible to rise by 10%, and the losses are under control within the range.

"Oil will fall sharply? But now many people are speculating in oil futures, and the capital there is not small!" Nancy Davis reminded Simon.

"The oil futures market, I know the water is deep," Simon said confidently.

"However, an oil futures market can never be compared with the global economic situation. As a result of the global economic downturn, how much will the oil supply drop? When the oil price falls, the International Petroleum Organization can only take the initiative to reduce production. The price has stabilized, it is now more than $120 a barrel, and it seems to be rising, is this oil or gold?”

"But, Simon, you really just gambled your fortune again this time, and didn't you say that Xinghai Entertainment will build new headquarters buildings in Tribeca District in lower Manhattan and Burbank in Los Angeles?" Nancy Day Weiss was a little dissuaded,

"Also, you have now acquired the NBA's Nets. Didn't the Nine Heads Sports and Entertainment Company say that it would also acquire the British football club, and the football team of the NFL League, the No. 1 sports in North America?"

"Well, Nancy, now you have to believe my vision. Now my business is developing very widely, and I need a lot of funds. Nine-headed bird sports is my interest, and the funds I need are also a bottomless pit. I need More money to finish," Simon smiled and returned to his seat,

"Also, Xinghai Entertainment is also in the expansion period. Now I don't want to raise funds, and I also need funds to back it up!"

"Okay, in fact, you don't have any worries. After all, Xinghai Entertainment can make a lot of money every year, I understand!" In fact, Nancy Davis really believes in Simon's vision now. Maybe, twice a year. The big short trade, the name of the Queen of Wall Street will be even louder!