230 floating profit of 80 million US dollars! The back of the loss is wet!(2/3)
In particular, the US government has rescued Fannie Mae and Freddie Mae. Lehman Brothers is so large that the US government and the Federal Reserve will not sit idly by.
Even if Lehman Brothers does not successfully negotiate with the buyer, the US government and the Federal Reserve will take over it.
Huang Zhiyu, chairman of Hong Kong Xinhe Group, smiled and said: "This time, let the Filipinos fuck the Black Shirt Investment Bank to death. Then we will split the Black Shirt Investment Bank too!"
Black shirt investment bank was originally composed of four securities companies, so it would be possible to split it again at that time.
After the split, everyone has a share!
Zheng Yuanfeng, chairman of New World Development Group, also said: "Split it into four securities companies, and then we will give it to the Philippine Islands Securities Company as their branch in Hong Kong."
Hong Tianwen smiled and said, "This idea is good."
Everyone is discussing how to divide black shirt insurance companies and black shirt investment banks.
Time passed slowly.
The latest news is here.
[Former Fed Chairman Greenspan said the government should not provide financial support to Lehman]
Former Fed Chairman Alan Greenspan and former St. Louis Fed Governor William Poole both said at a press conference that the Fed and the government should not provide funding for any Lehman Brothers sale transactions.
Greenspan said that investors' lack of confidence in Lehman Brothers should be solved by Wall Street companies through acquisitions and other activities, and the federal government should not provide financial support.
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 decisions. We can help you with this transaction, but we will not provide any cash."
Unlike Morgan Bank's acquisition of Bears Down, the Federal Reserve is unlikely to provide financial support.
Without the support of the Federal Reserve, buyers who negotiated with Lehman Brothers would not be willing to acquire Lehman Brothers!
The stock price of Lehman Brothers was sold off, and it was a trader at Goldman Sachs Bank!
There are also a large number of selling orders pouring into the market, turning the stock price from 6.00 and falling!
It soon fell to $5.50 per share!
After a short stay, it fell to $5.00 per share after 20 minutes.
Elder's face changed and he felt a little scared!
"M, is this news true or false?"
"It must be the Wall Street Journal, Bloomberg is spreading rumors."
"Now the chairman of Lehman Brothers is negotiating with the buyer, and he actually released such negative news, bastard!"
This time, the Philippine Islands Securities Company bought 50 million shares tonight, plus the previous 50 million, and a total of 100 million shares of Lehman Brothers' shares were bought. The average position was $6.00 per share, and now the account has a floating loss of $100 million.
This is not a small number.
"It must be fake news released by the Chinese."
"Cause, this Chinese are so shameless."
Black shirt investment bank, Wang Guanxi and others were overjoyed.
The negative news about Lehman Brothers came in time. It seems that many Wall Street tycoons are not optimistic about Lehman Brothers!
A large selling just now caused Lehman Brothers' stock price to fall by $1 to $5.00. Black shirt investment bank account lost $40 million and started to make a profit.
Another 15 minutes passed, and the stock price of Lehman Brothers fell to 4.75!
Black shirt investment bank account has a floating profit of US$10 million.
"Haha, this Lehman Brothers company is about to be finished."
"Hey, Lehman Brothers can't sell it"
"Stock price fell"
"This Filipino is here to stop us and wants to kill us with the Zheng Consortium, the Huang Consortium, and the Hong Consortium. Now he has shot himself in the foot!"
"Haha, it's so good."
Wu Zhanhai, Wu Hongsheng, Li Guangyu, Guan Wenwei and others were very excited.
Then the stock price is still falling!
After 15 minutes, it fell by another $0.25, falling to $4.50 per share.
Black shirt's investment bank account has made a profit of US$20 million.
This is simply not too comfortable.
The news came again at this time.
U.S. Treasury Secretary Henry Paulson insists on opposing the use of government assets to support Lehman Brothers, and current Federal Reserve officials also tend to agree.
Wall Street has long realized that Lehman Brothers are in trouble and has time to prepare for any possible crisis, according to a person familiar with Paulson's ideas.
He said Lehman Brothers’ ability to obtain direct loans from the Fed would give the company an orderly process. Fed officials are aligned with the Treasury Department and tend to strongly oppose the use of government funds.
The unified caliber of the Treasury and the Federal Reserve shows that no matter who acquires Lehman Brothers, they will not receive support similar to ****'s acquisition of Bears Down.
Alan Meltzer, an economist who authors a masterpiece on the history of the Federal Reserve, said it was “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 work properly.
This made Lehman Brothers' stock price continue to fall, and soon fell below the 4.50 position and fell to the 4.20 position!
Black shirt's investment bank account has made a profit of $32 million.
Wu Zhanhai said excitedly: "Boss, the Ministry of Finance officially announced that it will not support Lehman Brothers. Haha, Lehman Brothers is over now."
Such news is simply 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 will not guarantee it.
Wang Guanxi smiled and said, "Lehman Brothers' company will definitely be over in the end, we are just waiting to make money."
It is precisely because the government and the Federal Reserve do not intend to guarantee that Lehman Brothers buyers are scared!
Wu Hongsheng said, "This Zheng family consortium, Huang family consortium, Hong family alliance, Philippine Islands Securities Company is going to be disappointed, haha!" Li Guangyu also said, "Hehe, this Filipino shot himself in the foot."
Guan Wenwei also said excitedly: "I'll take a look at the shadows on the faces of these Filipinos who blocked ours."
Lehman Brothers' stock price is still falling!
It soon fell below $4.00 per share!
Continue to fall!
Falling to 3.80!
··
As of 13:12 NY time, Lehman Brothers' share price in the New York Stock Exchange comprehensive trading was $3.60.
The white shirt investment bank account has a floating profit of US$56 million, which is counted as HK$434 million.
Wang Guanxi looked at the time and said, "Leave some people to watch the market, others can go back and rest."
As he said that, Wang Guanxi left the trading room and returned home.
Now Lehman Brothers is officially finished.
The US Treasury Department and the Federal Reserve will not guarantee it, and that buyer dares to buy Lehman Brothers.
It would be strange if this Philippine Islands Securities Company blocked Black Shirt Investment Bank this time!
As for the Ayala Consortium, the Zheng Consortium, the Huang Consortium, and the Hong Consortium Alliance, Wang Guanxi will remember this account first and settle the accounts slowly in the future.
At this moment, Philippine Islands Securities Company, Elder's back was cold, and sweat beads appeared on his forehead!
Lehman Brothers' stock price actually fell to $3.6 per share. Philippine Islands Securities Company suffered heavy losses, with a floating loss of $2.4 per share, and a total floating loss of $240 million.
Tonight, he came to block Blackshirt Investment Bank and felt that he had shot himself in the foot!
"Grass!"
"It shouldn't be like this!"
··
As for Dafu Securities, Lin Yongfu didn't sleep. Seeing the stock price of Lehman Brothers fell so much, he was sweating coldly on his back!
This time, Dafu Securities holds a lot of Lehman Brothers shares. It used to spend HK$2.5 billion to buy Lehman Brothers shares. The average purchase position was US$7.00 per share, and 46 million shares were bought.
Now, the book loss is US$156 million.
There are also Lehman Brothers' bonds, which are more than HK$500 million, and are now shrinking a lot.
He was very afraid that Lehman Brothers would go bankrupt!
But he felt that this was impossible in his heart!
Will definitely be rescued.
Lehman Brothers will definitely be acquired.
To be continued...