Time flies.

Because Blackshirt Insurance Company no longer sells, Soros Quantum Fund has not increased its holdings, and Lehman Brothers' stock price has been fluctuating in a small range.

It's 12 o'clock in the evening.

"You are watching the market and notify me in time if there is any sudden incident."

"It's the boss"

Then Wang Guanxi returned home to rest.

At 12:30, he took a shower happily, then lay on the bed to rest, and glanced at the news.

[Buffett's Berkshire Hathaway failed to reach an acquisition agreement with Lehman Brothers]

The stock god Buffett offered a very low price, but was directly rejected by Richard Fuld, CEO of Lehman Brothers.

[Bank of America is meeting with Merrill Lynch and may abandon Lehman Brothers]

In fact, Bank of America acquired Merrill Lynch and spent $50 billion to become the world's largest banking group.

[Lehman CEO Richard Fulder will discuss the acquisition price tomorrow with the president of Korea Industrial Bank]

In the end, Chad Fulder did not reach an agreement with the Korean Industrial Bank, after all, Koreans are not fools.

Thinking of this, Wang Guanxi fell asleep peacefully and waited to get up tomorrow to see the stock price of Lehman Brothers.

The U.S. stock market is still trading hotly. At 2:30 am Hong Kong time, investors are increasingly worried about the prospects of Lehman Brothers and the stock price begins to fall.

It fell below the 11.00 position, then fell to the 10.05 position, and finally closed at the 10.00 position!

Soros Quantum Fund lost $400 million, while Blackshirt Insurance Company made $250 million.

Lehman Brothers' stock price is still very supportive at 10.00.

Aig, the major shareholder of Lehman Brothers, and Wellington Asset Management, have increased their holdings here and held their share prices.

At this moment, Aig Group's Asia headquarters, Hong Kong Aig Building, Aig Group's global vice president and head of Asia, Brian Schreiber, stayed up all night tonight.

Because I borrowed 100 million shares of Lehman Brothers' shares to short for Blackshirt Insurance Company, the interest rate is 800,000 US dollars a day, and I plan to keep cutting Blackshirt Insurance Company's leeks.

But I never expected that Lehman Brothers' stock price could not rise, but instead fell a lot.

The stock price is currently around 10.00, and bulls are struggling to support it.

He calculated carefully and found that the position of Blackshirt Insurance Company's position was about $12 to $13 per share, and now it has a floating profit of more than $200 million.

"If the negotiations between Lehman Brothers and South Korea Industrial Bank are unsuccessful this time, Lehman Brothers' stock price will plummet!"

Thinking of this, he envied Wang Guanxi from the Black Shirt Insurance Company very much.

This boy is not a fool, he is wrong.

Thinking of this, Brian Schreiber had a hint of shame on his face.

He thought he could get $800,000 in interest every day, which was a very good result.

But unexpectedly, Lehman Brothers' situation is getting worse and worse, resulting in a sluggish stock price and may fall below the 10.00 position at any time.

In addition, aig Group borrowed 100 million shares to short the Blackshirt Insurance Company, which made the already fragile stock price possible to collapse at any time.

The book losses of aig Group are also very high.

At this time, two men came, namely AIA's chief financial officer, John Barry Harrison.

Meiya Insurance, Director of Property, Garth Jones.

AIA and Meiya Insurance are two giant insurance companies under aig Group, and two tiger players under aig Group, "Mr. Schreiber!"

John Barry Harrison and Garth Jones are also staying up late tonight.

Brian Schreiber said: "You go talk to Blackshirt Insurance Company tomorrow. We have acquired Blackshirt Insurance Company and the price will be 1 billion Hong Kong dollars."

Blackshirt Insurance Company does not seem to have much net assets. After investigation, it was found that Blackshirt Insurance Company had previously acquired Hong Kong Lehman Brothers Insurance Company and dispose of a large amount of assets at a discount.

Currently, the net assets of Black Shirt Insurance Company are almost zero, and he thinks that the price of HK$1.5 billion is also good.

After acquiring the Blackshirt Insurance Company, everything will be easy.

"Yes, Mr. Schreber!"

The next day, September 2, Tuesday, morning, it was already 10 am when Wang Guanxi got up.

Soon he arrived at the headquarters of Blackshirt Insurance Company.

After learning about the Aig Group's Meiya Insurance, AIA Insurance wants to acquire Blackshirt Insurance Company, and the offer is HK$1.5 billion. Isn't this nonsense?

I didn't have to think about it and refused directly.

After shorting Lehman Brothers this time, the next one is aig Group.

Since the outbreak of the US subprime mortgage crisis, Aig has suffered net losses for three consecutive quarters.

The cumulative losses of credit default swaps in the second quarter of 2008 have reached US$25 billion, and the cumulative losses in other businesses have also reached US$15 billion.

Aig Group and Lehman Brothers were the same grasshoppers. In the end, the US government rescued Aig Group and loaned Aig Group $85 billion, so that Aig Group would not go bankrupt.

However, the US government did not provide any free rescue, and later took away $22 billion in interest from Aig Group.

Wang Guanxi called the maids and ordered: "You can contact the long-term shareholders of aig Group recently and ask them to borrow stocks, such as BlackRock Group..."

BlackRock Group is one of the largest asset management companies in the world. It currently manages US$3.5 trillion in assets and holds a large number of stocks of listed companies, all of which are long-term holdings, and of course it holds shares of Aig Group.

"Of course there is also the Fidelity Investment Group in the United States"

Fidelity Investment Group in the United States is also a giant, with an asset scale of up to 2 trillion US dollars and also holds shares of Aig Group.

The larger the scale of listed companies and the higher the market value, it is actually very attractive to these giant institutions.

First safe.

Second, it has strong liquidity and large trading volume.

The third is convenient to cash out.

Fourth, holding shares in listed companies can also indirectly make profits, cooperate with each other, and invest strategically.

"Yes, boss" everyone is looking forward to it.

The two insurance giants under the aig group want to acquire Blackshirt Insurance Company, but now Blackshirt Insurance Company is preparing to short the parent company of the two insurance companies, aig Group.

Then Wang Guanxi opened the stock trend chart of Lehman Brothers and started to look.

The US stock market has already closed, and Lehman Brothers' stocks cannot fall below the 10.00 position because there are large institutions here to protect the market and absorb stocks.

At this moment, his phone rang and called by Brian Schreiber, the global vice president of Aig Group and head of Asia.

After connecting, Wang Guanxi said, "Mr. Schreiber, what's the matter?"

On the phone, Brian Schreiber spoke directly: "Mr. Wang, how about buying Blackshirt Insurance Company for HK$2 billion?"

He felt that Lehman Brothers' stock may fall and continue to fall sharply, and he gained the Blackshirt Insurance Company, so the money he earned was from Aig Group.

Although the stock price plummet will cause Aig Group to suffer a lot, it can at least relieve it.

In particular, the cash flow of Black Shirt Insurance Company is very high, which can completely allow Aig Group's Meiya Insurance and AIA Insurance to obtain sufficient funds.

Wang Guanxi smiled and said, "I won't sell insurance companies. You can even give HK$3 billion and HK$4 billion, I won't sell them."

Although the net assets of Blackshirt Insurance Company are temporarily 0, there is a lot of cash flow.

Moreover, the surplus part of the insurance company can be distributed to shareholders at any time, which means investing with the money invested by insurance customers. The income belongs to the insurance company. Of course, it can also be distributed to customers who have bought dividend insurance a little bit.

The rest are all the interests of shareholders, and the more insurance companies have customers, the more premiums they will pay in the future. As long as there are no large-scale accidents, such as fires or large-scale traffic accidents, black-shirt insurance companies will not lose money in insurance business.

Moreover, black shirt insurance companies can bring a steady stream of cash flow to the black shirt consortium. Wang Guanxi's two core companies are the first one of the black shirt insurance companies, and the other one is the black shirt investment bank.

Brian Schreiber said regretfully on the phone: "Mr. Wang, that's a pity. To be honest, it's very dangerous for you to short Lehman Brothers this time. His stock price has fallen to the lowest level in history, and the stock price will rise sharply at any time."

Wang Guanxi smiled and said, "Mr. Schreiber, you don't have to worry about this. That's the matter of the Blackshirt Insurance Company. If you lose money, you will admit to compensation."

"Okay, I wish you luck." Brian Schreiber was quite helpless on the phone.

After chatting for a few words, the two ended the phone.

Then Wang Guanxi asked Huang Shaokai: "Mr. Huang, are you ready for the negative news about the acquisition of Lehman Brothers by South Korea's Industrial Bank?"

During this negotiation between South Korean Industrial Bank and Lehman Brothers, Wang Guanxi hopes that the acquisition negotiations will break down soon.

So Blackshirt Insurance Company spent money to lobby companies in South Korea and asked lobby companies to lobby political leaders. Don't let South Korean Industrial Bank acquire a Lehman Brothers company with debts of more than $600 billion, and put pressure on the president of South Korean Industrial Bank.

"Well, it's ready, the effect is good." Huang Shaokai was a little excited.

At this moment, in New York, USA, it is night now.

Min Yousung, president of Korea Industrial Bank, and his team have just ended the first round of negotiations with Chad Fuld, president of Lehman Brothers.

Min Youcheng had just returned to the hotel and sat down, falling into deep thought.

Chad Fuld asked for $20 per share, a price far higher than he believed.

This Chad Fulder is so arrogant!

He refused in one go!
To be continued...