Ding Le patted his head again, and couldn't help but smile bitterly, last night was really a crazy night! Young is good, full of energy and physical strength!

Just as Ding Le fell into a memory, Xia Xiao also let out a sigh, and woke up from her deep sleep, she opened her hazy eyes and saw that Ding Le was staring at herself in a daze, so she buried her head in the quilt shyly.

When she woke up, she still remembered what happened last night, and through her own actions, she finally knew what it meant to be a newlywed little bie.

Looking at Xia Xiao's embarrassed appearance, Ding Le couldn't help but feel a little uneasy, what happened last night was self-evident, but it was when he lost his mind, he didn't savor that wonderful time carefully.

Now that he is sane and full of physical strength, looking at the beautiful woman in front of him, how can he pass the opportunity!

"You promised me that as soon as I came to New York, you would unlock new moves, now let's figure out how to ......"

The spring night is bitter and short, and the day is high, and the king does not rise early from then on. While Ding Le and Xia Xiao were indulging in their sweet world, Treasury Secretary Paulson met with Wall Street CEOs again in a conference room at the Federal Reserve Bank building in New York, and he was doing his best to "pave the runway with styrofoam" in an attempt to cushion the shock wave caused by Lehman's fall.

The Federal Reserve Bank of New York building is a neo-Renaissance style building built in the decade before the Great Collapse of 1929. It stands majestically surrounded by Wall Street skyscrapers, all separated by metal fences in front of its windows. Below the 14th floor of the office is what is often said to be the world's largest vault.

In the conference room of the Federal Reserve Building, Wall Street's most prominent CEOs gathered again, and last night's secret meeting at the Four Seasons Hotel broke up unhappily, and although the whole process was highly confidential, news of the meeting appeared in the morning newspapers.

"The collapse of Lehman would be catastrophic, and given the current fragile market, we simply cannot withstand this blow, and we cannot completely insulate other banks from its radiating effects. Everyone unites to save Lehman Brothers and find a way to minimize the damage if they can't save Lehman. ”

Treasury Secretary Paulson got straight to the point, and every second of everything he has suffered from last night to now, and without everyone's help, Lehman would not have been able to open its doors on Monday, and the consequences would have been unimaginable for the market and everyone in the room.

Prior to the meeting, Paulson had received news of Bank of America's rejection of Lehman, and he expressed his great disappointment with Bank of America's final choice, and now he can only pin his hopes on another potential buyer, Barclays.

Before that, he had to convince a Wall Street consortium to finance Lehman's non-performing asset entity, REI Global, and that Barclays would only be willing to buy Lehman Brothers after the divestment of toxic assets.

However, before Paulson could convince the crowd, he received news again that the Financial Services Authority refused to approve Barclays' deal......

Although Paulson was sure that Lehman Brothers was finished, he was thinking about much more than that.

For a company like Lehman, which has a global presence, bankruptcy can be extremely complex. Which departments are required to file for bankruptcy and which are not, and do European and British branches file for bankruptcy before the U.S. holding company?

In order to be consistent with proper bankruptcy proceedings, the Federal Reserve Board and the Securities and Exchange Commission then worked with Lehman to agree on these details.

At 1 a.m. on Sept. 15, after nearly six hours of discussion, Lehman Brothers' board of directors agreed on the terms of the Federal Reserve's closure of the company.

After the meeting, Richard Ford walked out of the Lehman headquarters building and read out the board resolution in front of the media: Lehman Brothers Investments filed with the federal government for Bankruptcy Protection Act 11. Lehman Brothers will surpass the 1990 bankruptcy of Dechong Securities and become the largest investment bank bankruptcy in U.S. history.

Wren sat in his office until dawn, and when the rising sun shone in through the floor-to-ceiling windows, he felt the boundless malice of the world.

With a bang, the office door was slammed open by the secretary, and she said in a panic, "Mr. Wren, look at the news, oh my God!"

Next, voices of desperation spread through the office like a contagion......

As the stock market opened on Monday, news of Lehman's bankruptcy spread quickly to all corners of the world, and the U.S. stock market was the first to be hit hard, with the Dow Jones Industrial Average plummeting more than 500 points, or more than 4.4%, while Lehman's stock price plummeted again, falling nearly 100%.

After the market opened, Gao Renqiang led the traders to continue to be busy closing the remaining short positions of the Black Panther, at this moment, Lehman's stock price has collapsed, and the market seems to have endless orders, and they can calmly sweep the goods.

Gao Renqiang was busy trading, and Ding Le paced to the Lehman headquarters building on 48th Street, and he watched Lehman employees walk out of the company building with cardboard boxes, everyone's faces were extremely depressed, for them, this is the end of the world.

Watching Lehman Brothers' signboard slowly taken off, Ding Le understood that the once glorious Wall Street no longer existed, and that the collapse of Lehman Brothers was not the end of the subprime mortgage crisis, but the beginning of a larger global financial tsunami......

Since 1602, when the Netherlands had its first stock exchange, the capital markets have been bloody and ruthless. Some people go to hell, some people go to heaven, Lehman Brothers collapsed, and the Wall Street institutions that shorted Lehman made a lot of money, among which the most popular was Greenlight Capital and its founder David Einhorn.

David Einhorn rose to fame for shorting the "scam company" United Capital. As early as last year, Einhorn questioned the Lehman Brothers deal on two different occasions, he publicly stated that he wanted to short Lehman Brothers, and after the collapse of Bear Stearns, he even made every one of his short selling actions public.

It is important to know that in the investment world, few people disclose their shorting intentions, and although this may cause the market to sell and cause the stock price to fall, it is more likely to arouse the vigilance of the shorted company to find a way to maintain the stock price. The Black Panther Fund chose to quietly build a short position also because it was afraid of attracting the attention of the bulls.

After Lehman Brothers announced the bankruptcy, Einhorn became famous, and in this bankruptcy event that can be recorded in history, Einhorn played the role of "dragon hunter", and Greenlight Capital also made a lot of $1 billion from being in the air.

In an exclusive interview with him in the Wall Street Journal, he once again used a convincing analysis to decipher the fundamental problems of Lehman Brothers. His tone was like that of a prosecutor indicting a murderer: "Despite the possible judicial and physical attacks, I will state the following facts because it is the right thing to do." ”

At the end of Einhorn's interview, he revealed the Black Panther Fund to reporters, he said: "Now the whole Wall Street is saying that Greenlight Capital made $1 billion, in fact, they are very wrong, as far as I know, there is another institution that is also shorting Lehman, and a few months ago, it also appeared in Bear Stearns' list of short parties, and Greenlight Capital made only a fraction of this institution......"