The next day, Gregory and Zhou Shi made an appointment for a safe and secluded place and exchanged views on further cooperation.

"Why, Mr. Joseph still thinks Lehman has a chance to turn over?" Zhou Shi finished his thoughts, and Gregory was stunned and did not react.

"No, I just feel a little emotional, more than 100 years of history is coming to an end now, and I always feel a little uncomfortable. "Gregory

"Especially when I see an upstart like us wanting to rise on its corpse, it's even more uncomfortable. Zhou Shi said with a smile.

"Becoming a king or losing a coward, I've thought about these for a long time, but Mr. Zhou thinks so highly of me"

"No, it's just that I can't find a more suitable partner than you in a short time, and the future development depends on your own efforts, I hope to cooperate for a long time. "Zhou Shi is colorful

"I don't want to experience another failure. "Gregory

"Then I wish us a happy cooperation in advance!" Zhou Shi stood up

"Happy cooperation!" Grigory stood up, seemingly calm, but his hands trembled a little, perhaps excited!

Within a few days of separation, Zhou Shi spoke on the phone with Jeremy Isaacs, head of Lehman Brothers' Europe and Asia business, Benoit Savaret, chief operating officer for Europe and the Middle East, and Andrew Morton, head of fixed income.

Lu He also contacted Merrill Lynch's new CEO, John Sain, known as the "Wall Street Fire Captain". Now the whole Wall Street is short of money, and only a few still have large sums of cash, and Galaxy Capital is one of the leaders.

"I wonder what Mr. Lu is looking for me?" John Sain

"I would like to discuss with Mr. Sain how long Merrill Lynch can survive in the current situation. "Lu He

"Merrill Lynch's question is not bothered by Mr. Laolu, you better care more about yourself, be careful of being bitten back by Lehman when he is dying. John Sain said angrily

"The tide is receding, Wall Street is full of naked swimmers, and now the only big fish in the water are Merrill Lynch and Lehman Brothers, I have to care more, please forgive me. Lu He said disappreciably.

John Sain also realized that he was too careful, but he didn't apologize, and the atmosphere of the conversation between the two suddenly became harmonious.

The two highly intelligent people had more sincere exchanges on the response to the subprime mortgage crisis, especially how Lehman could save himself, such as the international sovereign wealth fund, such as the rescue of Merrill Lynch. Huatou is impossible, if Huatou, which has been trapped by Da Mo, still has the courage to invest in Lehman, I am afraid there will be no matter of Mitsubishi UFJ. Even with the reminders of Zhou Shi and Galaxy Capital, Yanda also contributed a lot to it, but Huatou, which was controlled by the department of Qinghua University, still chose the same strategy as in his previous life. But this time their responsibility is greater, Yan Da clearly put forward the possible problems and countermeasures, but Huatou still committed such an unforgivable mistake, if it weren't for the fact that Huatou had just been established, the strength of the blue and white family was too strong, I am afraid that the commander would have to be replaced.

Da Mo has the contribution of China and Japan, and Goldman Sachs has Buffett's endorsement. Bear Stearns has been acquired by ****, Lehman is in danger, to say that Merrill Lynch can survive, I'm afraid he doesn't believe it, Merrill Lynch's billions of dollars in losses in the first two quarters is not a joke.

Lu He and John Sain did not reach any agreement, or even any intention to cooperate, but Lu He still thought that this time the harvest was great, and the CEO of Merrill Lynch was moved. In fact, even if it weren't for their conversation, John Sain would have chosen to sell himself to Bank of America. But how could anyone else know this, and I'm afraid John Sain himself would have thought that his conversation with Lu He played an important role in his final decision.

Friends.com also launched a voting campaign to discuss who will go out of business first, and in just a few days, hundreds of thousands of people participated in the vote. The voting options are A, Merrill Lynch will go out of business first, B, Lehman will go out of business first, C, both will go out of business together, D, neither of them will go out of business, E, passing by, just take a look. The results of the vote showed that 32 percent of the people believed that Merrill Lynch would go out of business first, and 28 percent believed that Lehman would go out of business first. However, such a vote was soon protested by Merrill Lynch and Lehman, and Friends.com ended the vote. As for whether John Sain and Forder and others will be affected, it has nothing to do with him. Anyway, Twitter and Friends will not lose their attention to these two companies.

On September 7, U.S. Treasury Secretary Paulson and Federal Housing Finance Director James Lockhart announced at a press conference that the U.S. government had taken over Fannie Mae and Freddie Mac, two of the most troubled U.S. home mortgage financiers. By now, they have no choice but to do so, because the bankruptcy of these two companies could have a serious impact on the US financial markets and the economy as a whole. The total amount of residential mortgages held or secured by two-house loans is about $5.3 trillion, which accounts for almost half of the total U.S. home mortgage loans. In the past year, the two companies have lost more than $14 billion, and their stock prices have plummeted by 90 percent. The Vermilion Bird Fund earned 80 percent of the decline, and after the US government took over, the stock price of the two houses will continue to fall. It's a pity that there is not much profit left, and the liquidation of Galaxy Capital has also begun.

However, the US government took over the two houses, which also shows that the situation has deteriorated to an extremely serious point, and the panic within Lehman has further intensified. Lehman's Jeremy Isaacs, Bernauth Savaret and Andrew Morton gave Zhou Shi an affirmative answer.

Lehman, who didn't want to deal with Galaxy Capital, had no choice but to start negotiations on the sale of assets in the Huaxia area, but the price was not much discounted, and it was difficult to satisfy Zhou Shi, so drag it out, anyway, the price would be more suitable after bankruptcy (in fact, Lehman's venture capital department is independent in the asset management department, and the venture capital project is also financed first, and then invested, and that part of the assets is not all Lehman's, so there is no separation here, and their investment in Huaxia is counted as Lehman's assets).

Former Lehman executives led by Gregory soon formed an investment company in Delaware, with Galaxy Capital, Mubadala Investment Group (Abu Dhabi's sovereign wealth fund), and Sixiang Fund (the funds from Huatou's acquisition of Zhou Shi's public shares were left in Sixiang Fund, and the domestic Sixiang Fund controlled Heungjiang's Sixiang Fund, which was responsible for overseas investments). In the public information, Galaxy Capital belongs to Lu He, and the domestic Sixiang Fund belongs to Zhou Shi personally, investing in some projects that have restrictions on overseas funds, such as Starlight Film and Television Culture Group. There is only one mission for this investment company, and that is to ......

(End of chapter)