Chapter 237 237 Black shirt insurance has a floating profit of 11.16 billion, Indians are terrified!

  At this moment, Wang Guanxi and others at the headquarters of the Black Shirt Insurance Company watched Lehman Brothers’ share price drop to zero, booing.

  Although the Black Shirt Investment Bank made 99.2% on the bankruptcy of Lehman Brothers, Wang Guanxi sighed and said: “The 158-year-old international investment bank has ended like this.”

  Pasto Brandt also said: "This Lehman Brothers stock price fell nearly 100%, which may trigger the domino effect!"

  He recalled the past of Lehman Brothers!

  Pasto Brandt was once the chairman of Lehman Brothers branch in Hong Kong, and was also a witness to the collapse of Lehman Brothers.

  The investment bank Lehman Brothers, once ranked fourth in the United States by market value, suffered huge losses due to improper investment in subprime mortgage products.

  On the 10th of this month, Lehman Brothers suffered a quarterly loss of 3.9 billion U.S. dollars, which was the heaviest loss it has suffered in a single quarter in the 158 years since its establishment.

  Today, Lehman Brothers’ stock price has fallen 99.9% from its highest price at the beginning of 2007.

  Previously, US political and business giants discussed countermeasures overnight on weekends.

  What factors have prompted the US government to intervene, and Wall Street counterparts intend to take over, or intend to participate in taking over the endangered Lehman Brothers business?

  What are the factors that make the joint meeting between the government and the business community so attracted the attention of Wall Street and the global financial community?

  In fact, although the business health status is not as good as before, except for non-performing assets, Lehman Brothers' performance in certain business areas is still praised by the industry.

  Last year, in 2007, Lehman Brothers achieved a record revenue of 19.3 billion U.S. dollars and a profit of 4.2 billion U.S. dollars. Among them, it has revenues of US$6 billion in securities and bond transactions.

  Thinking of this, Pastor Brandt exclaimed: “Lehman Brothers’ investment banking and transaction business has been a leader in the industry for a long time.”

  Let’s say that this year, the global merger business it provides consulting involves a total amount of 105 billion U.S. dollars, ranking eighth in the world. In addition, its investment management business is also coveted by competitors.

  And the former president of Lehman Brothers Insurance Company in Hong Kong, Willer Hess also said: "This time the colleagues have to panic because of the bankruptcy of Lehman Brothers!"

  In fact, as a peer of Lehman Brothers, some other large financial institutions will inevitably experience a kind of fear in the current crisis, which may prompt them to join the team to take over related businesses.

  The real concern of industry peers is that once Lehman Brothers is sold at a low price, it will bring a valuation revolution to the entire industry.

  Lehman Brothers holds a large number of non-performing assets related to real estate, and the related business may also belong to the investment portfolio of other investment banks.

  If the bid prices of these businesses are too low in the liquidation, other investment banks will inevitably suffer losses due to the shrinking valuation of related businesses.

  Because of this, some financial giants are willing to participate in the consultation and even contribute to the rescue.

  For banks that are considering injecting capital into Lehman Brothers’ bad business, they are only weighing the pros and cons in a double-choice question, examining whether the price of capital contribution is high or the loss caused by the collapse of Lehman Brothers is high.

  Furthermore, the US government and the global financial community are worried that Lehman Brothers may trigger a domino effect in the financial community, affecting the stability and health of the entire economic situation.

  This worry is perfect, it is true.

  At this time, Huang Shaokai said excitedly: "This Lehman Brothers company has dragged AIG into the water."

  The Lehman Brothers bankruptcy stock market opened with a 90% plunge!

  And AIG closed at $200.00 last Friday!

  The U.S. stock market opened today, diving directly and opening at the position of $120 per share!

  Diving 40%!

  It can be seen that the bankruptcy of Lehman Brothers is a terrible thing for AIG.

  The black shirt insurance company short American International Group this time, it is undoubtedly a big profit.

   Wu Zhankun also said: "This American International Group may also follow Lehman Brothers. It may go bankrupt."

  AIG is the largest shareholder of Lehman Brothers, and it also holds a large number of Lehman Brothers subordinated bonds. The loss is simply impossible to calculate.

Maybe this American International Group also went bankrupt, and the Black Shirt Insurance Company shorted 5 million shares of American International Group. If American International Group also went bankrupt like Lehman Brothers, it would be very fun. .

Zhang Dexi also said: "Mr. Wu, you are right. Lehman Brothers has gone bankrupt. I think it will be AIG's turn next. This time AIG has suffered such a heavy loss. Maybe it's really possible to take Lehman Brothers. What's the company's footsteps"

  AIG is also in crisis now. If Lehman Brothers can go bankrupt, naturally AIG can go bankrupt. Even if it doesn’t go bankrupt, AIG’s stock price will fall into shit.

  "Now AIG's stock price has fallen to $100.00 per share, haha, it seems that many people are selling."

Bai Weiqiang also said: "This time AIG lost so much money, it was really miserable by Lehman Brothers, especially since AIG not only holds Lehman Brothers bonds, but Merrill Lynch, Washington, DC Mutual Bank’s bond... I think it might be over."

Although AIG is a giant with trillion-dollar assets, the greater the investment, the greater the loss. This time AIG has made a big mess. Its net assets have been shrinking, and it may become It's negative.

  Wang Juehao also said: "Hey, this time the Indians are against us and blocked us at AIG. This time the Indians must be dead dogs."

Some time ago, when the Indians were shorting AIG at the Blackshirt Insurance Company, they at least mobilized more than 2 billion US dollars to block the Blackshirt Insurance Company. Now that’s good, the Blackshirt Insurance Company made a lot of money, and the Indians are on the books. Nobody knows how much money the floating loss is.

  Huang Shaokai gloated and said: "This Indian still wants our black shirt insurance company, hehe, now they're done."

  When they asked the Indians to borrow an additional 1 million shares of American International Group, the Indians asked them to mortgage the black shirt insurance company.

  So they mortgaged the black shirt insurance company to the Indian private pension and once again obtained 1 million shares of American International Group.

  Industrial Trust and Investment Bank, India Private Pension has borrowed a total of 2 million shares of American International Group to Black Shirt Insurance Company.

  As long as the Black Shirt Insurance Company does not liquidate its position and returns the stock to the Indians, then the Indian Industrial Trust Bank and Indian Private Pension cannot liquidate its position.

  I can only watch AIG's stock plummet all the way.

  Thinking of this, Huang Shaokai continued: “The Indians are going to cry this time, haha, we just don’t settle the position and we are angry with them.”

  Wang Guanxi also smiled: “This time we plan to hold until next week, or the end of the month, so that the Indian Industrial Trust Investment Bank and the Indian Private Pension will watch the American International Group’s share price fall into shit.”

   "Of course it's the Tata Consortium of India. I don't know if the Tata Consortium of India has closed its position?"

  Currently, the account of the Black Shirt Insurance Company holds 5 million shares of American International Group, and the position is opened at $388.00 per share.

  Now AIG’s stock price has fallen to US$100.00 per share, with a floating profit of US$288 per share, for a total of US$1.44 billion.

   1.44 billion US dollars, which is 11.16 billion Hong Kong dollars.

  This is simply amazing.

  All previous rumors against the insolvency of the black shirt insurance company will be severely slapped!

  Wu Zhankun said with excitement: “The Indians are definitely still holding them and are reluctant to close their positions. It is estimated that the expressions on their faces are very exciting now”

"haha, yes"

   "These Indian miscellaneous hairs, these are miserable losses, right"

   "Haha, these scumbags who don't talk about morality"

  "Just waiting for them to lose money"

"haha, yes!"

  ··

  At this moment, the Asia-Pacific headquarters of the Indian Industrial Trust and Investment Bank.

Sundeep Batra, Asia Pacific President of the Industrial Credit Investment Bank of India, Nehru of Indian Private Pension, and Ratan Tata, the heir of the Tata Consortium, are in the trading room with a cold sweat on his back and a pale face looking at him. screen!

  The U.S. stock market opened tonight. AIG’s share price plunged by $80 and opened at $120 per share. Now it has fallen to $100.00 per share.

  The three of them are bleeding in their hearts.

  Sundep Batra scolded: "This **** Lehman Brothers has harmed AIG. These Chinese scumbags have not closed their positions!"

  Industrial Credit and Investment Bank of India holds 1 million shares of American International Group (AIG), with a position of $600 per share, and now has a floating loss of US$500 per share, which is a floating loss of US$500 million.

  The US$500 million is not a small loss to the Industrial Credit Investment Bank of India.

  Furthermore, these Chinese people shorted AIG's stock, and now they are not willing to liquidate their positions. Sundeep Bartra really hates it!

Because the 1 million shares of the Industrial Credit Investment Bank of India were lent to the Black Shirt Insurance Company, which made the Black Shirt Insurance Company short American International Group. If the Industrial Credit Investment Bank of India wants to liquidate its position, it must wait for the Black Shirt Insurance Company to sell 1 million. Only by returning the shares of American International Group to them can they close their positions.

  But this Huaxia people just doesn’t close their positions, these scumbags!

  Indian Private Pension’s Nehru also cursed: “These Chinese people are really bastards, and they are not closing their positions now. Alas, they don’t. How can we close them?"

  Indian private pensions also hold 1 million shares of American International Group, and the position of the position is about 600 US dollars per share, and the book also has a floating loss of 500 million US dollars!

Before, they communicated with the black shirt insurance company and asked the black shirt insurance company to close the position at the price they recommended, and then everyone could hedge against each other and let the Huaxia people win once. Unexpectedly, the Huaxia people did not take them at all and just did not close the position. , Wait for the stock price of American International Group's stock price to continue to fall!

  This is indeed the case now, and the share price of American International Group has fallen to $100.00 per share.

  "These greedy chores must laugh at us in front of the computer screen"

   "Bad son, scum!"

   "Definitely laughing at us"

  Nehru was right, the seniors of the black shirt insurance company were indeed laughing at them.

"These **** Chinese scums are so greedy, they also took the **** luck. This Lehman Brothers company went bankrupt, and it hurt AIG miserably and paralyzed!" Ratan Tata of the Tata Consortium said inwardly. It's anger. The Tata Consortium holds 6.5 million shares of American International Group, with a position of $380.00 per share. Now there is a loss of $1.82 billion in the account!

  Now that the loss is very serious, he can't make up his mind to liquidate the position.

  Because this loss is really big, it's $1.82 billion!

"what!!!!"

  Ratan Tata stared at the big screen with blazing fireworks, clenching his fists!

  Whether the position is closed or not?

  Now the head of the Tata family has not spoken.

  He was also not good at making a decision without authorization, and liquidated AIG's stock.

  So he reported to the family and waited for the family to reply, but he didn’t reply. Obviously he didn’t know what to do?

  Continue to take it?

  What if AIG goes bankrupt like Lehman Brothers?

  At that time, the Tata Consortium will also lose everything on AIG!

  Thinking of Ratan Tata here is scared and terrified, and very unwilling!

  He hates it!

  Hate that I lost to those greedy, ignorant, arrogant and stupid Chinese people!

  At this time, Sundeep Batra said: "Let’s negotiate with Huaxia again, agree on the price, and close the position!"

  He also had to admit this time, because he was worried that the share price of AIG would continue to fall, he wanted to close the position, but he couldn’t.

  Nehru sighed. Singel, the chairman of the Indian Private Pension Fund, called him before and asked him to close the shares of AIG Group. The shares were lent to Black Shirt Insurance.

  This AIG Group’s stock has been lent to the Black Shirt Insurance Company to go short!

  Only when the black shirt insurance company returns the stock to him after closing the position, he can close the position!

  Thinking of this, Nehru also said: "I think so too, forget it, this time I accept it, let them win once, next time we will kill these Chinese people."

  Count them as losing this time, but next time he will find a chance to kill the black shirt insurance company!

   Then Sundeep Batra asked Ratan Tata: "Ratan, what do you think? Let’s negotiate with the Chinese people."

  Ratan Tata struggled for a long time, and said: "Call them and see if they agree or not at the settlement price of $100."

   Nehru immediately said: "These stupid Chinese people will definitely agree. Sundeep Batra will call."

  Ratan Tata suddenly said: "Call back in 20 minutes and see if the stock price will rise."

   "Okay, then I'll call in 20 minutes," Sundeep Batra said.

  At this time, AIG Group's stock price rose again.

  In 5 minutes, it rose by 20 US dollars, rushing to 120 US dollars per share, so that the three of them saw a lot of hope in their hearts.

  As for the black shirt insurance company, everyone is drinking tea and chatting.

   "Boss, this AIG Group's share price will not continue to rise, will it?"

  Wang Guanxi said lightly: "No, wait!"

  And soon the AIG Group’s share price was really as Wang Guanxi said, and it was hit again!

  (End of this chapter)