At this moment, Wang Guanxi and others watched the stock price of Lehman Brothers fell to 0, and they were all booing.

Although Blackshirt Investment Bank made 99.2% of Lehman Brothers' bankruptcy, Wang Guanxi sighed and said, "The 158-year international investment bank is over."

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

He recalled the past of Lehman Brothers!

Pasto Brandt was once the chairman of the Hong Kong Lehman Brothers branch and the person who witnessed the bankruptcy of Lehman Brothers.

Lehman Brothers, an investment bank that once ranked fourth in the United States, suffered huge losses due to improper investment in subprime mortgage housing loan products.

On the 10th of this month, Lehman Brothers lost $3.9 billion in quarterly, the heaviest loss it suffered in a single quarter in 158 years.

Now, Lehman Brothers' share price has fallen by 99.9% from its highest price at the beginning of 2007.

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

What factors prompted the US government to intervene, and Wall Street colleagues intend to take over, or intend to participate in taking over the business of "Lehman Brothers" that is on the verge of despair?

What factors have made the joint consultation between the government and the business community attract the attention of Wall Street and even the global financial community?

In fact, although the business health is not as good as before, Lehman Brothers' performance in some business areas is still praised by the industry.

Last year, in 2007, Lehman Brothers achieved record revenue of US$19.3 billion and profit of US$4.2 billion. Among them, it earned US$6 billion in securities, bond trading and other fields.

Thinking of this, Pasto Brandt sighed: "Lehman Brothers' investment banking and trading business have been in the industry for a long time."

Just say that this year, the global merger business it provides consulting involves a total amount of US$105 billion, ranking eighth in the world. In addition, its investment management business is also a target for competitors.

And Weiler Hess, former president of Hong Kong Lehman Brothers Insurance Company, also said: "This time, my colleagues will also be extremely scared of Lehman Brothers' bankruptcy!"

In fact, as a peer of Lehman Brothers, some other large financial institutions will inevitably experience a fear of "death of lips and teeth" in this crisis, which may force them to join the team that takes over related businesses.

What industry peers are really worried about 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 amount of non-performing assets involving real estate, and the related businesses may also belong to the investment portfolios of other investment banks.

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

It is precisely because of this that some financial giants are willing to participate in consultations and even contribute to their support.

For banks considering investing in bad business under Lehman Brothers, they only weigh the pros and cons in a double-choice topic to examine whether the investment is high or the losses caused by the collapse of Lehman Brothers.

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

This kind of worry is perfect, it is indeed the case.

At this time, Huang Shaokai said excitedly: "This Lehman Brothers has dragged American International Group into the water."

This time, Lehman Brothers' bankruptcy opened, and the stock market plunged 90%, while American International Group closed at $200.00 last Friday. Today, the US stock market opened directly and opened at $120 per share, plunging 40%. It can be seen how terrible the bankruptcy of Lehman Brothers is for American International Group.

Blackshirt Insurance Company's short selling of American International Group this time is undoubtedly a big profit.

Wu Zhankun also said: "This American International Group may also be like Lehman Brothers. Maybe it will go bankrupt."

American International Group is the largest shareholder of Lehman Brothers and also holds a large number of Lehman Brothers subprime bonds, and the losses are simply uncountable.

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

Zhang Dexi also said: "Mr. Wu, you are right. This Lehman Brothers company has gone bankrupt. I think it is the turn of American International Group. This time, American International Group suffered such heavy losses. Maybe it is really possible to follow in the footsteps of Lehman Brothers."

American International Group is in great crisis now. If Lehman Brothers can go bankrupt, American International Group can go bankrupt. Even if it doesn’t go bankrupt, American International Group’s stock price will fall into shit.

"Now the stock price of American International Group has fallen to $100.00 per share, haha, it seems that many people are selling it."

Bai Weiqiang also said: "This time, American International Group lost so much money, and I was really cheated by Lehman Brothers. In particular, this American International Group not only holds Lehman Brothers' bonds, but also Merrill Lynch and Washington Mutual Bank's bonds... I feel it may be really over."

Although this American International Group is a giant with trillion-dollar assets, the greater the investment, the more losses it will be. This time, American International Group suffered a big fall, and its net assets kept shrinking, and it might become a negative one.

Wang Juehao also said: "Hehe, this time the Indians are against us and blocking us from the American International Group. This time the Indians will definitely be a death-loss."

Some time ago, when Indians were shorting the American International Group at Blackshirt Insurance Company, they mobilized at least more than US$2 billion to block Blackshirt Insurance Company. Now, Blackshirt Insurance Company makes a lot of money, and Indians don’t know how much they have lost on their books.

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

When they asked the Indians to borrow an additional 1 million shares of American International Group, the Indians asked them to mortgage the Blackshirt Insurance Company.

So they mortgaged the Blackshirt Insurance Company to India's private pension and obtained 1 million shares of the American International Group again.

India Industrial Trust Investment Bank, India's private pension borrowed a total of 2 million shares of the American International Group to Blackshirt Insurance Company. As long as the Blackshirt Insurance Company does not close the position and returns the stock to Indians, India Industrial Trust Bank, India's private pension cannot be closed, and can only watch the American International Group's stock plummet.

Thinking of this, Huang Shaokai continued: "This time the Indians are about to cry, haha, we just don't close the position, and they're so angry."

Wang Guanxi also smiled and said: "This time we plan to hold it until next week, or the end of the month, so that the Indian Industrial Trust and Investment Bank, India's private pensions can be watched as the stock price of the American International Group fell into shit."

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

Now Blackshirt Insurance Company holds 5 million shares of American International Group in its account, with a position building position of US$388.00 per share. Now the share price of American International Group has fallen to US$100.00 per share, with a floating profit of US$288 per share, with a total floating profit of US$1.44 billion.

It's $1.44 billion, which is 11.16 billion Hong Kong dollars.

This is simply awesome.

All the rumors that black shirt insurance companies have made insolvent debts will be slapped in the face!

Wu Zhankun said excitedly: "The Indians must still hold it and are reluctant to close the position. I guess the expression on their faces is very wonderful now."

“Haha, yes”

"These Indian miscellaneous things, these are all in trouble."

"Haha, these scoundrels who don't care about stock ethics"

"Just wait for them to lose a lot of money"

"Haha, yes!"

··

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

Sandep Batra, president of the Asia-Pacific of India Industrial Credit Investment Bank, Nehru of India's private pension, and Ratan Tata, the heir of Tata Consortium, are in the trading room, sweating in the back, looking at the big screen with a pale face!

At the opening of the US stock market tonight, the share price of ASI Group plunged by $80, opening at $120 per share, and now it has fallen to $100.00 per share.

The three of them were bleeding inside.

Sandep Batra cursed: "This damn Lehman Brothers has caused trouble for the American International Group. These Chinese scoundrels are not closing their positions!"

Indian Industrial Credit Investment Bank holds 1 million shares of AIG, with a position of $600 per share, and now it has a floating loss of $500 per share, which is a floating loss of $500 per share.

This $500 million is a considerable loss to the Indian Industrial Credit Investment Bank.

Moreover, these Chinese shorted the stock of American International Group and are now unwilling to close their positions. The real thing makes Sandep Batra hate it!

Because the 1 million shares of the Indian Industrial Credit Investment Bank were lent to the Blackshirt Insurance Company, and the Blackshirt Insurance Company shorted the American International Group. If the Indian Industrial Credit Investment Bank wanted to close the position, it had to wait for the Blackshirt Insurance Company to return the 1 million shares of the American International Group to them before closing the position. However, the Chinese people just don’t close the position, these scumbags!

Nehru, who is a private pension in India, also cursed: "These Chinese are really bastards. They are not closing their positions now. Alas, they do not close their positions, how can we close their positions?"

India's private pension also holds 1 million shares of Lehman Brothers' shares, and its position is about $600 per share, and it also has a loss of $500 million on the books!

Previously, they communicated with the Blackshirt Insurance Company and asked the Blackshirt Insurance Company to close the position according to the price they suggested, and then everyone could hedge each other, so that the Chinese people would win once. Unexpectedly, the Chinese people had no chance at all, and they just didn't close their positions, waiting for the stock price of the American International Group to continue to fall!

This is true now, the stock price of American International Group has fallen to $100.00 per share.

"These greedy miscellaneous people must be mocking us in front of the computer screen."

"Bad bastard, slag!"

"It must be laughing at us"

Nehru was right, the top executives of Blackshirt Insurance Company were indeed laughing at them.

"These damn Chinese scoundrels are so greedy and have lost their luck. The Lehman Brothers company went bankrupt, causing American International Group to be numb!" Latan Tata of Tata Consortium was even more angry. Tata Consortium holds 6.5 million shares of American International Group, with a position of $380.00 per share. Now it is losing $1.82 billion in its account!

The loss is very serious now, and he can't make up his mind to close his position.

Because the loss is really huge, it's $1.82 billion!

"ah!!!!"

Ratan Tata's eyes were filled with raging fireworks, staring at the big screen, and clenched his fists!

Close the position until it is closed?

Now the head of the Tata family has not spoken.

He was not able to make a decision without authorization and cleared the shares of American International Group.

So he reported to his family and waited for his family to reply, but he didn't reply for a long time, so obviously he didn't know what to do?

Keep winning?

What if American International went bankrupt like Lehman Brothers?

At that time, the Tata Consortium will lose all its money on American International Group!

Thinking of this, Ratan Tata was afraid and fearful, and very unwilling to accept it!

He hates it!

I hate myself for losing to those greedy, ignorant, arrogant and stupid Chinese people!

At this time, Sandep Batra said, "Let's negotiate with the Chinese again, agree on the price and close the position!"
To be continued...