Rebirth of the Financial Crisis Sweeping the World

Chapter 230: 230 floating profit of 80 million US dol

  Chapter 230 230 floating profit of 80 million US dollars! It's so bad that the back is wet!

  At this moment, Heishan Investment Bank, Wang Guanxi and others are very surprised to see that Lehman Brothers’ stock price has rushed to $6.00 per share.

   Wu Zhanhai said: "BOSS, this time we were blocked"

  This time they shorted Lehman Brothers, but they did not expect to be blocked by other financial institutions, fought with them, and then raised the stock price to $6.00 per share.

  Heishan Investment Bank has made a surplus of US$40 million on its books, which is simply unbelievable.

  This start is very unfavorable.

  Wu Hongsheng also asked: "Which **** is blocking us!"

  He never expected the other party to be so strong. As much as the Black Shirt Investment Bank sold off, the other party would eat as much. It only took half an hour to open the market.

  I don’t know which **** institution specifically targets the Black Shirt Investment Bank.

  It stands to reason that there will be no institutions dedicated to the Black Shirt Investment Bank.

  Li Guangyu suddenly said: "Could it be Taifook Securities, forming a good financial group, the Huang consortium, and the Zheng consortium blocking us?"

  This time, the Black Shirt Investment Bank shorted 40 million shares of Lehman Brothers, which was borrowed from Taifook Securities.

  Lin Yongfu knew about the black shirt investment bank shorting Lehman Brothers. Although it signed a non-disclosure agreement, it is very possible for Lin Yongfu to disclose it privately.

  Because the financial war between Heishan Insurance Insurance Company and Taifook Securities, the financial conglomerate, Huang’s consortium, and Zheng’s consortium has not ended yet, it is quite normal for these people to want to kill Heishan Investment Bank.

  Guan Wenwei opened the mouth and said: "It must be Lin Yongfu and the others."

   Wu Zhanhai said, "But they don’t have any extra funds,"

  I saw the news at this time.

  【President of Philippine Islands Securities Company Elder increases holding of Lehman Brothers】

  [Bank of the Philippine Islands: Lehman Brothers may be acquired at a premium of 150%]

  Get a good securities company: [Hong Kong Black Shirt Investment Bank short Lehman Brothers huge loss]

  Taifuku Securities Company: [Philippine Islands Securities Company is considering entering the Hong Kong stock market, and the Black Shirt Investment Bank may be acquired]

  Wu Hongsheng immediately said: "Securities companies under the Bank of the Philippine Islands are increasing their holdings in Lehman Brothers!"

  "The Bank of the Philippine Islands did not increase its holdings sooner or later. It happened that we increased our holdings when we shorted Lehman Brothers!"

  The Bank of the Philippine Islands was established in 1851 and is the oldest bank in the Philippines and Southeast Asia.

  Its birth marked the beginning of the banking and financial industry in the Philippines.

  Now the Bank of the Philippine Islands has more than 800 branches, 3,000 ATMs and cash deposit machines, providing comprehensive banking products and services.

  Includes consumer banking and loans, insurance, foreign exchange, leasing, corporate and investment banks.

  The Philippine Islands Securities Company is a subsidiary of the Bank of the Philippine Islands and is responsible for the investment banking business of the Bank of the Philippine Islands.

  Li Guangyu asked: “Did these guys like Lin Yongfu pull the Filipinos to stop us?”

  Guan Wenwei said angrily: "It must be so paralyzed!"

   Wu Zhanhai immediately said: "I called and asked Lin Yongfu, the bastard"

  Wu Zhanhai called Lin Yongfu of Taifook Securities Company!

  The call was quickly connected, and Wu Zhanhai asked: "Mr. Lin, did you disclose that our Black Shirt Investment Bank shorted Lehman Brothers?"

   "Our Black Shirt Investment Bank was blocked by a securities company in the Philippines!"

  "It's the Ayala Consortium of the Philippines!"

  Lin Yongfu said in a weird tone on the phone: “Mr. Wu, you can’t talk nonsense. I’m a certain person, Lin, who has always kept Chen Nuo, and will never violate the commercial agreement.

  With my personality, I swear to God that I, Lin Yongfu, did not reveal a word to the Ayala Consortium in the Philippines, otherwise I would die and the whole family! "

  He really didn’t reveal a word directly to the Ayala Consortium in the Philippines!

   Then he continued: “Mr. Wu, I’ll say it again, I didn’t reveal a word to anyone about you short Lehman Brothers!”

  He didn't swear by this sentence, and he didn't forget to remind him: "Mr. Wu, the agreement is clearly written. If you think I violated the agreement, you can sue me Lin Yongfu at any time!"

  After the call, Wu Zhanhai couldn’t help cursing: “Lin Yongfu, the grandson, dare to do it or admit it, this grandson must have done it.”

  This Lin Yongfu is really a **** grandson. He must have leaked the information about the Black Shirt Investment Bank shorting Lehman Brothers in private.

  "Unexpectedly, they found the Ayala Consortium in the Philippines to stop us." Li Guangyu was annoyed.

  The Ayala consortium in the Philippines suddenly came to cross the foot, stating that it wanted to stand with the opponents of the black shirt group and start the black shirt group.

  Wu Hongsheng also said: "Lin Yongfu, this despicable villain, we should sue him immediately!"

  This Lin Yongfu is really nothing. They asked Taifook Securities Co. to borrow 4 million shares of Lehman Brothers and short Lehman Brothers tonight. The result was immediately blocked.

   is still a securities company under a bank in the Philippines. According to the agreement, the Black Shirt Investment Bank can sue Taifook Securities, but there is no evidence.

  Guan Wenwei also said: "This Lin Yongfu is really a sinister thing, kill him!"

  Currently, the Black Shirt Investment Bank has a loss of US$40 million on its books, which is 310 million Hong Kong dollars. This 1.5 billion Hong Kong dollar principal has lost 20.66% in just half an hour.

  All this is a despicable act by Lin Yongfu.

  If the prosecution is successful, Taifook Securities will have to compensate at least HK$310 million or more.

  But this is another long lawsuit, and they have no evidence yet.

difficult!

  Wang Guanxi gently put down the coffee cup, and said: “Lin Yongfu doesn’t talk about ethics. After the matter is over, you can’t spare him easily, so that he will be ruined.”

  This guy Lin Yongfu, like the Indians, doesn’t talk about morality. After the incident, he not only has to sue him, but also makes him notorious and can’t hang on in Hong Kong.

   Wu Zhanhai also said: "Yes, we will sue him to death"

  Guan Wenwei thought for a while and said: “This Ayala consortium in the Philippines seems to have business cooperation with the Huang’s consortium and the Cheng consortium in Hong Kong!”

  The real estate company under the Ayala Consortium in the Philippines is one of the top real estate groups in the Philippines. Just like the Wonder Group, it is very famous in the mainland.

  The Huang’s consortium, the Zheng’s consortium and the Ayala consortium in the Philippines have a deep cooperative relationship in the real estate field.

  After thinking about it, you can know what benefits Lin Yongfu may have promised after revealing the Huang’s consortium, and then the Huang’s consortium to the Ayala consortium in the Philippines.

  Or the Philippine Islands Bank under the Ayala Consortium intends to increase its holdings of Lehman Brothers shares, just as the Black Shirt Investment Bank also shorted Lehman Brothers.

  Huang's consortium, Zheng's consortium and the Ayala consortium in the Philippines hit it off, and then they joined the black shirt group.

  Wu Hongsheng said angrily: "This Huang's consortium, Zheng's consortium is really insidious."

  Li Guangyu also said: ‘These insidious scums must be killed this time, damn! ’

  ··

  At this moment, a coffee shop near Taifook Securities Company, in a small box.

  Lin Yongfu, Hong Tianwen, Yuan Kang, Pan Zheng, Luo Yinghui, Huang Zhida, Huang Zhiyu, Zheng Yuanfeng and others are drinking coffee.

  Lin Yongfu smiled and said: “This time, the Black Shirt Investment Bank was blocked by the Ayala Consortium in the Philippines. That Wu Zhanhai called me in anguish, these idiots.”

  Now the share price of Lehman Brothers has stabilized at $6.00 per share, and the Black Shirt Investment Bank has shorted 40 million shares. It is estimated that there is a lot of money in the account, right?

  Now calling and questioning him furiously, it's funny to think about it.

  He did not directly disclose the news to the Ayala Consortium in the Philippines, okay?

   is the Huang family consortium, the Zheng family consortium revealed that it has nothing to do with him.

  Giehao Financial Group chairman Hong Tianwen also smiled and said: “If the black shirt investment bank is blown up this time, the black shirt insurance company will definitely not be able to handle it. I don’t believe how much money they will pay!"

  Heishan Investment Bank, Heishan Insurance Company and Wing Hang Bank have loaned a lot of money. As long as Heishan Investment Bank is destroyed, it will definitely trigger the collapse of Heishan Insurance Company.

  At that time, they will make a lot of money, and they will also buy the Black Shirt Investment Bank, the Black Shirt Insurance Company, and split the Black Shirt Insurance Company!

  Aeon Credit Company's executive director Yuan Kang also said: "The Black Shirt Investment Bank is dead, and the Black Shirt Insurance Company is also dead!"

  Because the Black Shirt Insurance Company shorted their family’s Aeon Credit Company, everyone fought a battle, and in the end they were at a disadvantage.

   But as long as the black shirt investment bank is blown up, then the funds of the black shirt insurance company will inevitably be completely broken.

  At that time, the black shirt insurance company will collapse across the board, and their Yuan family will be the big winner!

  Pan Zheng, chairman of Asia Standard Hotel Group, said excitedly: “This time I’m waiting for the villain of the Black Shirt Insurance Company to die!”

  Although Asia Standard Hotel Group did not use much money to fight against the black shirt insurance company this time, the 250 million Hong Kong dollar investment may also get 150 million Hong Kong dollars in return. It is exciting to think about it!

  The chairman of the Grand Regal Hotel Group also said with excitement: “Lehman Brothers is negotiating the purchase price with buyers. Hey, it will definitely be a premium purchase at that time. Like Bear Stearns, I guess it might be a 400% premium.

  If Lehman Brothers is acquired at a price of $10 per share, the Black Shirt Investment Bank will be over next week! "

  Before, Bear Stearns Bank was acquired by Morgan Bank at a premium of 400% and a share of $10.

  The size of Lehman Brothers is several times that of Bear Stearns. The price at which Lehman Brothers was acquired must be higher than that of Bear Stearns.

  If the purchase price of Lehman Brothers is 10 US dollars per share, then the amount of money in the Black Shirt Investment Bank will not be enough to compensate!

Sino Hotels Group Chairman Huang Zhida also said: "This black shirt investment bank is so boldly shorting Lehman Brothers. It is estimated that Lehman Brothers is going to go bankrupt. Haha, these idiots, how can this Lehman Brothers company go bankrupt? What about bankruptcy?"

  Now many wealthy people in Hong Kong are buying Lehman Brothers. Of course, it is not a big purchase. It is very normal to buy several million or tens of millions of Hong Kong dollars.

  Everyone is unanimously optimistic about Lehman Brothers, this Wall Street phoenix!

  Especially the US government rescued Fannie Mae and Freddie Mac. Lehman Brothers is so large that the US government and the Fed will not sit idly by.

  Even if Lehman Brothers fails to negotiate with the buyer, the US government and the Federal Reserve will take over.

  Huang Zhiyu, chairman of Hong Kong Sino Group, smiled and said: "This time, let the Filipinos kill the Black Shirt Investment Bank. Then we will split the Black Shirt Investment Bank again!"

  Heishan Investment Bank was originally formed by a combination of four securities companies, and it is possible to split it again at that time.

  After the split, everyone has a share!

  New World Development Group chairman Zheng Yuanfeng also said: "Split into four securities companies, and then give one to the Philippine Islands Securities Company as their branch in Hong Kong."

  Hong Tianwen smiled and said, "This is a good idea."

  Everyone is discussing how to divide the black shirt insurance company and the black shirt investment bank.

  Time slowly passed.

  The latest news is here.

  [Former Federal Reserve Chairman Greenspan said the government should not provide financial support for Lehman]

  Former Fed Chairman Alan Greenspan and former St. Louis Fed President William Poole both stated at a press conference that the Fed and the government should not provide financial support for any sale of Lehman Brothers.

  Greenspan said that the lack of investor confidence in Lehman Brothers is best solved by Wall Street companies through acquisitions and other activities, and the federal government should not provide financial support for this.

  William Poole also said: "I have to say, we can't help in this matter."

  "The Fed should inform any bank that asks the Fed to help it acquire Lehman Brothers"

  "This matter is different from before. We will not help. You must make your own decision. We can help you with this transaction, but we will not provide any cash."

  Unlike when Morgan Bank acquired Bear Stearns, the Fed is unlikely to provide financial support.

  Without the support of the Federal Reserve, the buyers who negotiated with Lehman Brothers would not be willing to buy Lehman Brothers!

   Suddenly the share price of Lehman Brothers was sold off. It was a trader at Goldman Sachs Bank!

  A large number of selling orders have also poured into the market, and the stock price has turned down from the 6.00 position!

   soon fell to $5.50 per share!

   stayed for a while, after 20 minutes, it fell to $5.00 per share.

  The Philippine Islands Securities Company Elder's face changed, and he was a little scared!

   "M's, is this news true or false?"

   "It must be the Wall Street Journal, Bloomberg is spreading rumors"

   "Now that the chairman of Lehman Brothers is negotiating with the buyer, he actually released such negative news, bastard!"

This time, the Philippine Islands Securities Company bought 50 million shares tonight. In addition to the previous 50 million, it bought 100 million shares of Lehman Brothers. The average position is $6.00 per share. Now the account is floating. Lost 100 million dollars.

  This is not a small amount.

   "It must be a fake news from Huaxia people, right"

   "Grass, this Huaxia is really shameless"

  The Heishan Investment Bank, Wang Guanxi and others were overjoyed.

  The negative news about Lehman Brothers came in real time. It seems that many Wall Street bigwigs are not optimistic about Lehman Brothers!

  There was a big sell-off just now, which caused the share price of Lehman Brothers to fall by 1 dollar to 5.00 US dollars. The black shirt investment bank account lost 40 million US dollars from a floating loss, and began to make a floating profit.

  After another 15 minutes, the share price of Lehman Brothers fell to 4.75!

  There is a floating profit of US$10 million in the black shirt investment bank account.

   "Haha, this Lehman Brothers company is probably going to die."

   "Hey, Lehman Brothers can't sell it"

   "Stock price has fallen"

  "This Filipino came to stop us, and wanted to kill us with the Zheng consortium, the Huang consortium, and the Hong consortium. Now he is shooting himself in the foot!"

   "Haha, it's so cool."

  Wu Zhanhai, Wu Hongsheng, Li Guangyu, Guan Wenwei and others were very excited.

  Then the stock price is still falling!

  Fifteen minutes later, it fell by another US$0.25 to US$4.50 per share.

  The black shirt investment bank account has a floating profit of 20 million U.S. dollars.

  This is simply not too comfortable.

  At this time, the news came again.

  US Treasury Secretary Henry Paulson insisted on opposing the use of government assets to support Lehman Brothers. Current Fed officials also tend to agree with this view.

  According to a person familiar with Paulson’s ideas, Wall Street has long realized that Lehman Brothers is in trouble and has time to prepare for any possible crisis.

  He said that Lehman Brothers can obtain direct loans from the Federal Reserve, which will bring an orderly process to the company. Fed officials are consistent with the Treasury Department and tend to strongly oppose the use of government funds.

  The unified calibre of the Treasury Department and the Federal Reserve indicated that no matter who acquired Lehman Brothers, they would not receive support similar to the one that **** acquired Bear Stearns.

  Carnegie Mellon University professor and economist Alan Meltzer who wrote a great book on the history of the Federal Reserve, said that “it’s time” for the government to stop providing support.

  He said: If the government provides support and taxpayers bear the losses, the financial system will not function properly.

  This allowed Lehman Brothers’ share price to continue to fall, and soon fell below the 4.50 position to the 4.20 position!

  The black shirt investment bank account has a floating profit of 32 million US dollars.

   Wu Zhanhai said excitedly: "BOSS, the Ministry of Finance officially announced that it will not support Lehman Brothers, haha, this is the end of Lehman Brothers."

   News like this is a huge blow to the stock price of Lehman Brothers.

  If buyers want to acquire Lehman Brothers, they have to take more risks, because the government, the Fed will not guarantee it.

  Wang Guanxi smiled and said: "Lehman Brothers will definitely be over in the end, we are just waiting to make money."

  It is precisely because the government and the Fed do not intend to guarantee, so the buyers of Lehman Brothers are scared!

  Wu Hongsheng said: "This Zheng consortium, the Huang consortium, the Hong consortium, and the Philippine Islands Securities Company will be disappointed, haha!" Li Guangyu also said: "Hey, this Filipino shot himself in the foot."

  Guan Wenwei also excitedly said: "I will first look at the shadow areas on the faces of these Filipinos who are blocking us."

  The share price of Lehman Brothers is still falling!

   soon fell below $4.00 per share!

   Continue to fall!

   fell to 3.80 position!

  ··

  As of 13:12 New York time, the share price of Lehman Brothers in the New York Stock Exchange comprehensive trading is 3.60 US dollars.

  The black shirt investment bank account has a floating profit of 56 million US dollars, which is 434 million Hong Kong dollars.

  Wang Guanxi looked at the time, and said: "Leave some people to watch the disk, others can go back to rest."

  Wang Guanxi left the trading room and returned home.

  Now Lehman Brothers is officially finished.

  Neither the US Treasury Department nor the Federal Reserve guarantees that the buyer would dare to buy Lehman Brothers.

  It’s strange that the Philippine Islands Securities Company blocked the Black Shirt Investment Bank without losing money this time!

  As for the Ayala consortium, the Zheng consortium, the Huang consortium, and the Hong consortium came together to establish the black shirt group. Wang Guanxi remembers this account first, and then settles the accounts slowly.

  At this moment, at the Philippine Islands Securities Company, Elder's back was cold, and beads of sweat appeared on his forehead!

  The share price of Lehman Brothers actually fell to 3.6 US dollars per share, and the Philippine Islands Securities Company suffered heavy losses, with a floating loss of 2.4 US dollars per share, for a total loss of 240 million US dollars.

   Coming to block the Heishan Investment Bank tonight, he feels like he has shot himself in the foot!

   "Grass!"

   "It shouldn't be like this!"

  ··

  For Taifook Securities Company, Lin Yongfu didn’t sleep either. Seeing the share price of Lehman Brothers had fallen so much, his back was cold and sweaty!

  This time, Taifook Securities Co. holds a lot of Lehman Brothers stocks. Previously, it spent 2.5 billion Hong Kong dollars to buy Lehman Brothers stocks. The average purchase position was $7.00 per share and 46 million shares were bought.

  It’s all right now, with a loss of US$156 million on the book.

  There are also Lehman Brothers bonds, which are more than 500 million Hong Kong dollars, and they have shrunk a lot now.

  He is very afraid of the collapse of Lehman Brothers!

  But he felt that this was impossible in his heart!

   will definitely help.

  Lehman Brothers will definitely be acquired.

  At this time, the share price of Lehman Brothers continued to fall and fell to 3.00!

  Tafook Securities Company suffered a loss of US$184 million on its books, which is HK$1.426 billion when calculated. Lin Yongfu was scared and horrified in his heart.

  This time lending stocks to the Blackshirt Investment Bank, he also asked the Philippine Islands Securities Company to block the Blackshirt Investment Bank. He felt that he had also shot himself in the foot, and it was very, very painful!

  There is news at this time.

  A person familiar with the matter said that Bank of America may form a consortium with Barclays Bank and private equity firms to jointly initiate the acquisition of Lehman Brothers.

   Another source revealed that the Federal Reserve and the Treasury Department are also helping Lehman Brothers find an acquirer.

  This prevented Lehman Brothers’ share price from continuing to fall and was supported at 3.00.

  And the Black Shirt Investment Bank, the account has a floating profit of 80 million US dollars, which is 620 million Hong Kong dollars, and the traders who stay here are very happy.

  As for the Philippine Islands Securities Company, Elder’s back was wet. I didn’t expect the situation to be so bad tonight. The share price of Lehman Brothers was sluggish!

  Now the Philippine Islands Securities Company has a loss of US$300 million on its books!

"damn it!"

  He stared at the board with a gloomy expression, hatred in his heart!

  (End of this chapter)