Rebirth of the Financial Crisis Sweeping the World

Chapter 272: 272 heavy hammer face! Washington Mutual

  Chapter 272 272 Heavy hammer face! Washington Mutual Bank went bankrupt! (Seeking monthly pass)

  The next day, Friday, September 26, at the headquarters of the Black Shirt Investment Bank, the horses are here!

  Recently, I need to keep an eye on US stocks and stay up late, so many horses are resting in the company.

  The financial world was very lively this morning. The Black Shirt Investment Bank's view that Washington Mutual Bank went bankrupt was jointly refuted by the major securities companies in Hong Kong!

  Imperial Bank of India, Indian Industrial Trust and Investment Bank, Daoheng Securities Company, CLSA, Minghui International Securities Company, Get Good Group Group, Taifook Securities Company, New World Insurance Company... are all inside.

  If the Black Shirt Investment Bank is wrong this time, it will cause a great loss of reputation.

  The point of view of the Heishan Investment Bank is only that it may go bankrupt, and these financial institutions all say to Heishan Investment Bank as inevitable.

   Wu Zhanhai couldn’t help but cursed: “I’m paralyzed, these **** actually united to target the Black Shirt Investment Bank!”

  Lu Jianyan also indifferently said: "These scums actually unite to do us, obviously they want to grab customers from us."

At present, the Heishan Investment Bank is developing rapidly, with assets of up to 90 billion Hong Kong dollars, which naturally makes other brokerages jealous. Moreover, the salesmen of the securities department of Heishan Investment Bank are still digging for customers in other securities companies, which is even more troublesome. Securities companies are very unhappy.

In addition to the credibility of the Black Shirt Investment Bank, the credibility has been improving. Many securities companies' customers are watching the financial programs of the Black Shirt Investment Bank. This makes these securities companies very vigilant for fear of losing a large number of customers to the Black Shirt. investment bank.

  So the Black Shirt Investment Bank has now become the public enemy of brokers.

  Li Guangyu also said: "These **** are just mobs, I think Washington Mutual Bank must go bankrupt."

  Now that the financial crisis is getting more and more serious, this Washington Mutual Bank has been run on and has been negotiating, but the results of the negotiations have not come out. Obviously, there may be no large financial institutions that dare to take over, right?

  Wu Hongsheng also said: “These guys are black and black, regardless of the actual situation, Lehman Brothers can go bankrupt, 600 billion US dollars in debt thunder, how can Washington Mutual Bank not go bankrupt?”

  In fact, after the bankruptcy of Lehman Brothers, the crisis has been fermenting. You must know that it is a debt of more than 600 billion US dollars. How many organizations have to die?

Lehman Brothers can become an abandoned son. Many of the businesses of this Washington Mutual Bank are similar to those of Lehman Brothers. They are heavily impacted by U.S. subordinated bonds. Now the subordinated bonds are defaulting and being run on. The Fed does not inject capital, and almost no banks dare to buy, right?

  Guan Zhenyi also said: “Mr. Wu is right, this Washington Mutual Bank must have gone bankrupt. These securities companies want to attack our credibility and will only make our black shirt investment bank even more popular.”

  Nowadays, there are many topics on the black shirt investment bank on the Internet. For the sake of eyeballs and traffic, various media also like to report on the tears between major financial companies and various gossip matters.

  Lin Jiyang also said: “If Washington Mutual Bank really goes bankrupt this time, the credibility of these guys will be greatly reduced, and they will simply send us an assist.”

Although the Blackshirt Investment Bank was jointly targeted, the Blackshirt Investment Bank said that if the China Washington Mutual Bank went bankrupt, then the credibility of these securities companies targeting the Blackshirt Investment Bank would decline in the hearts of customers. In the future, the securities department of the Blackshirt Investment Bank It is also easier for salesmen to dig into the corners of their customers.

  Everyone's topic continues to return to Washington Mutual Bank.

  ··

  At this moment, Lin Yongfu of Taifook Securities Co., Ltd. got up very early. At present, Taifook Securities Co. still hangs a sigh of relief. On the road to bankruptcy, he has been carrying it to death.

  Because Hong Tianwen said that once Washington Mutual Bank is acquired at a premium, Get Good Financial Group will return 3 billion Hong Kong dollars in funds. By then, the 3 billion Hong Kong dollars in funds can save Taifook Securities.

   "Washington Mutual Bank must never go bankrupt"

  His heart is also very worried, but he still believes that Washington Mutual Bank will not go bankrupt.

  Washington Mutual Bank was established in 1889. It is the fourth largest residential mortgage service provider in the United States. It is also a regional financial service company. Its main customers are consumers and small and medium-sized businesses. The number of branches nationwide exceeds 2500.

  This Washington Mutual Bank is the largest savings bank in the United States, with US$307 billion in assets and US$188 billion in deposits.

  A savings bank refers to a financial institution that obtains funds to engage in financial business by absorbing savings deposits.

  A savings bank is a relatively old financial institution, mostly evolved from cooperative financial organizations in the nature of mutual assistance. Reciprocal savings banks are depositors deposit funds in banks, and banks provide loans to depositors in a preferential form. This organizational form is more common in the United States.

  Banks in modern Western countries are divided into central banks, commercial banks, investment banks, savings banks and other professional credit institutions according to their functions.

  In the past 119 years, this Washington Mutual Bank has never seen any big storms. It is impossible to go bankrupt like the Black Shirt Investment Bank said!

"Blackshirt Investment Bank, haha, paralyzed, short the Washington Mutual Bank, and it is triumphant. Once Washington Mutual Bank is acquired at a premium, it is best to buy it at a premium of $5 per share. Then, the Blackshirt Investment Bank will play. It's over"

   "I curse this black shirt investment bank for bankruptcy"

  It is not Washington Mutual Bank that he hopes to go bankrupt, but the Black Shirt Investment Bank.

   Then he let people express their opinions.

  [The Black Shirt Investment Bank is short on Washington Mutual Bank. Once Washington Mutual Bank is acquired at a premium, the Black Shirt Investment Bank may go bankrupt.]

  ··

  And Minghui International Securities Co., Ltd., Zhang Huiming, Qian Mingyuan, Jia Baowei, Jin Xu and others are also at work, discussing the affairs of Washington Mutual Bank.

  Their analysts have already published an article in advance to fight the black shirt investment bank.

  Now Taifook Securities Co. broke the news that the Black Shirt Investment Bank was shorting Washington Mutual Bank with full positions. This is a lot of fun.

  They also published the article again.

  【This time the bankruptcy is not Washington Mutual Bank but Blackshirt Investment Bank! 】

  ··

  At this moment, Daoheng Securities Co., Ltd., President Jiao Xiongbing had just arrived at the office, and breakfast was placed on the table. He was suddenly excited when he looked at the article published by Minghui International Securities Co., Ltd.

  This Heishan Investment Bank has a fierce business conflict with Daoheng Securities. Especially Heishan Investment Bank has become the leader in the brokerage industry, with 90 billion Hong Kong dollars in customer assets, which makes Jiao Xiongbing very eye-catching.

  He can't wait for the completion of the Heishan Investment Bank immediately, and then acquire the 90 billion Hong Kong dollar customer assets of the Heishan Investment Bank.

   So he immediately published an opinion.

  【Blackshirt Investment Bank is running wildly at the end! 】

  CLSA, CEO Adolf Rogulli just finished his breakfast and saw the latest reports from various securities companies on the Black Shirt Investment Bank, and the corners of his mouth sneered.

Behind the CLSA is the Crédit Agricole Group, which is a giant in French finance, and CLSA is a securities company registered in Hong Kong. Its client assets far exceed Dao Heng Securities and Black Shirt Investment Bank. It owns nearly 1,500 The customer assets of 100 million Hong Kong dollars are basically the true leader of the local securities companies in Hong Kong.

  To be honest, this black shirt investment bank has been tossing, tossing, and getting bigger all the way. Adolf Roguli is very interested in the black shirt investment bank and plans to acquire it.

  In his eyes, this is a fat pig who likes to die!

   "Hey, a fat pig that likes to die is destined to be prey. How can it be acquired by then?"

  Adolf Roguli began to plan to acquire the Black Shirt Investment Bank. Once the Black Shirt Investment Bank is acquired, CLSA will have 240 billion Hong Kong dollars in client assets.

   Then he also expressed his opinion.

  【Washington Mutual Bank may be the buried ground of the Blackshirt Investment Bank】

  ··

  Aeon Credit Company, Yuan Kang was very excited when he watched the news.

   "The Black Shirt Investment Bank is dangerous this time, haha!"

   "Washington Mutual Bank must be acquired at a premium this time"

  Because Get Good Financial Group is long with Washington Mutual Bank, once Washington Mutual Bank is acquired at a premium, Get Good Financial Group can mobilize at least HK$3 billion in funds back.

  At that time, Aeon Credit Company was rescued.

  Xinhe Hotel Group, Huang Zhida is equally excited, hoping that the black shirt investment bank's short-selling Washington Mutual Bank will be completely finished, and it is best to go bankrupt.

  Xinhe Real Estate Group, Huang Zhiyu is also very excited. This time, the Black Shirt Investment Bank must have suffered a huge loss, or even died.

  "The best purchase price for Washington Mutual Bank is $5 per share!"

  New World Development Group, Zheng Yuanfeng also watched the news happily. The news was overwhelmingly aimed at the Black Shirt Investment Bank. He knew that the Black Shirt Investment Bank was definitely going to be finished this time, just watch how it ended!

   "Huh, shorting Washington Mutual Bank with a full position, it's almost a lifeless one!"

  "Blackshirt investment bank, blackshirt insurance company, it's best to do everything to Laozi"

  He guessed that the Black Shirt Insurance Company also shorted American companies, but he just didn’t know which ones!

The Luo family villa, Luo Yinghui, and Luo Baowen were also very happy. Although their listed companies were taken away by the uncle Luo Yingqiang and the second uncle Luo Yingkang, as long as Washington Mutual Bank was acquired at a premium, the financial group could make money. Even if it doesn't make money, it can mobilize 3.2 billion Hong Kong dollars back, and the Luo family can be saved by then.

  All hope lies in Washington Mutual Bank.

   "Once the negotiation is about to succeed"

  "Give Lao Tzu a premium to buy"

  Luo Yinghui clenched his fists, staring at the news.

  Luo Baowen also prayed in her heart: I hope everything goes well, and bless the Luo family to turn over and get the company back this time. We are not playing finance anymore, and do business well.

  There are also discussions in the forums and post bars!

   "Fuck, this time the Black Shirt Investment Bank is going to be over."

   "Yeah, yeah, paralyzed, this black shirt investment bank actually shorted Washington Mutual Bank with a full position. It's just looking for death. I want to withdraw the money in my black shirt investment bank stock account."

   "Oh, this black shirt investment bank has made money a few times and has become so arrogant and arrogant. This time it may be over

   "This time, the Black Shirt Investment Bank will not be finished, and it will also lose huge losses to the point where it is unbearable. Only a fool shorts Washington Mutual Bank."

   "Yes, Washington Mutual Bank is currently negotiating with Citibank and Morgan Bank. The purchase price must be a premium. I bought the shares of Washington Mutual Bank before. This time I should be able to make a lot of money."

  "Although the opinion of the Black Shirt Investment Bank has always been very accurate, but this time I am afraid it is really wrong"

   "Yes, this person from the black shirt investment bank must have had a flood of head, and I was so optimistic about it before!"

   "Forget it, I'll take the money in the account from the Black Shirt Investment Bank and open an account with another securities company."

   "Go to which securities company to open an account?"

  "Daoheng Securities Co., Ltd. is not bad."

  ···

  At this time, Wang Guanxi also came to the headquarters of Heishan Investment Bank.

   "BOSS!" The horses shouted together.

  Wang Guanxi nodded and asked, "What's the matter? Has the news of Washington Mutual Bank's bankruptcy come?"

  "BOSS, not yet" Wu Zhanhai said: "Many securities companies in Hong Kong are singing about us, saying that the Black Shirt Investment Bank is going to go bankrupt."

  "The grandson Hong Tianwen revealed that we were shorting Washington Mutual Bank"

"Son of a bitch!"

   "Uncle Cao He's"

  Wang Guanxi shook his head; "It's just a group of clowns, wait slowly."

  "Yes, BOSS" everyone was a little nervous and nervous, but it was more behavior.

  In a flash, a burst of news came.

  【Washington Mutual Bank went bankrupt! 】

  According to the Bureau of Supervision of Savings Institutions: Washington Mutual Corporation customers have withdrawn $16.7 billion in account deposits, which put this Seattle-based bank into an "unhealthy" situation, and then became the largest bank in U.S. history to close down!

  As the largest bank failure in the history of the United States, Washington Mutual Bank involved $307 billion in assets.

  Washington Mutual Bank is the latest victim of the American financial crisis. Prior to this, Bear Stearns Bank was acquired by ****, Merrill Lynch Investment Bank was acquired by Bank of America Corporation, IndyMacBancorp went bankrupt, and Lehman Brothers had also filed for bankruptcy protection.

  In most bank failures, shareholders have almost nothing in the end.

  And David Bonderman's Texas Pacific Group Corporation (TPGInc.) earlier this year led the investment of US$7 billion in Washington Mutual Bank, which may be worthless!

  Heavy!

  Heavy!

  Wu Zhanhai, Lu Jianyan and others are extremely excited!

  Black Shirt Investment Bank shorted 120 million shares of Washington Mutual Bank. Now that Washington Mutual Bank has closed down, what can be imagined?

  The stock price will fall into shit!

  Wu Zhanhai said with excitement: "BOSS, I don’t know how many people are dead at Washington Mutual Bank tonight."

  They shorted Washington Mutual Bank a long time ago. Now that the bank has closed down, it is time to reap the fruits, and those who used to compete with the Black Shirt Investment Bank will be finished.

  Lu Jianyan also said: “This time the Indian Industrial Trust and Investment Bank, the financial group will have nothing to do with it, haha!”

The 1.2 shares of Washington Mutual Bank that the Black Shirt Investment Bank shorted were borrowed from the Get Well Financial Group. Now it’s good. Hong Tianwen, who has got a good Financial Group, can’t liquidate his position at all, because he has to wait for the Black Shirt Investment Bank. After the position is closed, he can close the position.

  And the Indian Industrial Trust and Investment Bank, because it came to block the Black Shirt Investment Bank, this time it has lost everything.

  Think about it and get excited.

  Wang Guanxi smiled: "Just wait for the completion of the financial group, and the Indian Industrial Trust and Investment Bank will lose its money."

  It’s been a long time since Hong Tianwen, who had a good financial conglomerate, antagonized the black shirt insurance company. This time, he finally put the good financial conglomerate into hell.

  Getting a good financial group is the core of the Hong's alliance, and now getting a good financial group in Washington Mutual Bank has nothing to do with it, and it will completely collapse the entire Hong's alliance!

  It's time for Wang Guanxi to come out to harvest.

  Black Shirt Investment Bank: [Wall Street hits the bankruptcy of Washington Mutual Bank! 】

  The US federal regulator has taken over Washington Mutual Bank and sold part of its business to Morgan Bank.

  Washington Mutual Bank, established in 1889, was overwhelmed by the subprime mortgage crisis and finally became the protagonist of the largest bank failure in American history on its 119th anniversary.

  Standard Chartered Bank: The failure of Washington Mutual Bank is not unexpected. The bank suffered heavy losses in the subprime mortgage crisis, and the credit rating agency Standard & Poor's lowered its credit rating on the 24th. Since Lehman Brothers, the fourth largest investment bank in the United States, filed for bankruptcy protection on the 15th, and Merrill Lynch, the third largest investment bank in the United States, was acquired by Bank of America, Washington Mutual Bank has been eagerly looking for buyers or new funds.

  The U.S. Savings Administration said on the 24th that since September 15th, Washington Mutual Bank has withdrawn $16.7 billion in deposits, leaving it without sufficient liquidity to repay debts and unable to conduct business.

  The Federal Deposit Insurance Corporation, which took over the Washington Mutual Bank, sold the bank’s deposit business and branches to the **** company for $1.9 billion.

  China Merchants Securities: The transaction will not have any impact on the depositors and other customers of Washington Mutual Bank, and there is no need to use the company's deposit insurance fund, thus eliminating the previous doubts that the failure of Washington Mutual Bank will deplete the deposit insurance fund.

  Bank of Communications Securities: Through the acquisition, Morgan Bank will acquire 5,400 branches of Washington Mutual Bank in 23 states in the United States. **** said that the acquisition will increase its 2009 earnings per share by 50 cents.

  Ping An Group: Morgan Bank has benefited from the acquisition of Washington Mutual Bank, but this largest bank failure in US history has made the already turbulent financial market even more tense.

  The Bank of East Asia: The collapse of Washington Mutual Bank reminds people: The worst financial crisis in decades is still continuing

  ···

  The bankruptcy of Washington Mutual Bank has made the securities of the Blackshirt Investment Bank collectively silent!

  Face was beaten and swollen.

  Share, the navy of the Black Shirt Investment Bank in the forum began to show off.

   "Black Shirt Investment Bank crushes all local brokerages in Hong Kong"

  "Trash Taifook Securities, make a good financial group..."

  "Isn’t it said that the Black Shirt Investment Bank is running at the end?"

   "Get a good financial group, Taifook Securities will go bankrupt because of the bankruptcy of Washington Mutual Bank"

   "Isn't it said that Washington Mutual Bank is the buried ground of the Blackshirt Investment Bank?"

  ··

  This time, the credibility of the Black Shirt Investment Bank has greatly increased!

  Imperial Bank of India, Indian Industrial Trust and Investment Bank, Dao Heng Securities Company, CLSA, Minghui International Securities Company, Get Good Group, Taifook Securities Company, New World Insurance Company have greatly reduced their credibility!

  ··

  Taifuku Securities Company, Lin Yongfu looked pale and feeble, and couldn’t help sighing: “Alas, this Washington Mutual Bank was established in 1889, and it’s been 119 years. I didn’t expect it could not withstand the impact of the financial crisis”

  This time, Washington Mutual Bank has gone bankrupt. When the US stock market opens tonight, the stock price of Washington Mutual Bank, needless to say, has fallen into waste.

   And the Black Shirt Investment Bank shorted 120 million shares of Washington Mutual Bank, and the position was opened at $3.00 per share, which will make a lot of money, and I don’t know how much it will make.

  At this moment, when the office of the chairman of the financial group was established, Hong Tianwen was so scared that his face was pale, and cold sweat came out of his back like spring water.

   "It's over, it's over, I'm over, Hong Tianwen is over."

   "God, it's so unfair"

  "Why Bear Stearns Bank and Merrill Lynch Bank were acquired at a premium, while Lehman Brothers and Washington Mutual Bank went bankrupt!"

"Why!!"

   "Ah!!!" Hong Tianwen clenched his teeth, clenched his fist and slammed into the French window!

boom!

  Huge impact, severe pain in the bones of the hand, but it still can’t relieve the pain in my heart!

  Get a good financial group is completely finished, and he is personally in debt and will go bankrupt!

   "It's all over"

   "Hey" Hong Tianwen sat down on the table of the president in despair, his head hanging down not knowing what he was thinking.

  He wanted to call the Heishan Investment Bank, and everyone settled at a certain price, but he knew it was useless.

  At this moment, the Indian Industrial Trust and Investment Bank, Sundeep Batra just woke up from a nightmare, cold sweat!

  He wiped his sweat, always feeling that something bad would happen, so he opened the news!

  Washington Mutual Bank failed in negotiations and declared bankruptcy!

   Suddenly he was completely stupid, his head short-circuited!

"Do not!"

"Do not!!"

"This is impossible!"

  His face is extremely pale!

  This time, the Indian Industrial Trust and Investment Bank has done more than 120 million shares of Washington Mutual Bank. The position of the position is 3.00. This time, it will lose all money!

   "paralyzed!"

   "Black Shirt Investment Bank!"

  Aeon Credit Company, Yuan Kang was so desperate in his heart. He was so scared and sweaty. If the financial group is finished, then Aeon Credit Company will be finished.

Huang Zhida of Xinhe Hotel Group was silent.

  Huang Zhiyu of Sino Land Group sighed!

  Zheng Yuanfeng of New World Development Group was furious and threw his teacup to the ground.

  The Luo family, Luo Baowen cried with red eyes.

  Washington Mutual Bank went bankrupt, then the knotting financial group is also finished, the knotting financial group is finished, and their Luo family has no hope of being rescued, and they are completely finished.

  Luo Yinghui suddenly became a few years old, his back was cold and sweaty, and his eyes were gloomy!

  (End of this chapter)