Zhou Shi flew to the United States, and at 1 a.m. on September 15, Lehman CEO Forde walked out of the Lehman headquarters building, faced the media that rushed to read, and read out the board resolution: Lehman Brothers Investment Company applied to the federal government for Bankruptcy Protection Act No. 11.

From this moment on, Lehman surpassed the 1990 bankruptcy of Dechong Securities and became the largest investment bank bankruptcy in U.S. history.

It was also on this day that the consortium represented by Gregory formally expressed its request to Lehman to acquire most of Lehman's business. Zhou Shi also told Lu He his plan.

"You want to buy Lehman?" Lu He didn't know what to think, what did it mean for Zhou Shi to hide from him planning such a big thing.

"Yes, although there is little hope, how do you know without trying. "Zhou Shi

"How could Gregory agree to help you. Lu He was very sure that Zhou Shi did not give Gregory any benefit this time.

"He's not helping me, he's helping himself. Zhou Shi said with his eyes closed.

"Help himself, is he going to buy, how can he have this capital. "Lu He

"We invested in maintaining Lehman's independence, ensuring that Lehman's corporate structure and corporate culture remain unchanged, that the interests of existing Lehman employees are maintained, and that he becomes the first person in charge after the acquisition of Lehman. If possible, keep the Lehman brand. Zhou Shi gave Gregory a series of assurances that he would buy Lehman's assets at the lowest possible cost, and perhaps for other purposes, which was not humane.

"You've already decided?"

"That's right, it's decided, this step can save us ten years of walking. ”

"Then what do you need me to do?"

"Walk to the forefront, show our capabilities, gradually close positions, promise not to short again, and liquidate the Suzaku Fund. Xuanwu Fund was established to formally raise funds from the outside world. "What Zhou Shi said was planned a long time ago, and after making so much money, they always have to change.

"Okay!" Lu He didn't hesitate much

Zhou Shi's phone also rang at this time.

"Simon, our acquisition has officially begun, would you like to come over and participate in the negotiations? Gregory said in a high-spirited voice on the phone.

"No, it's good that you and Lu He are in charge. Zhou Shi rejected him and launched Lu He at the same time.

"Ah, Lu He?" Gregory suddenly realized that Zhou Shi was not so easy to fool

Lu He was also confused by Zhou Shi's coquettish operation, he didn't tell him before, but now let him participate, what is this for?

Zhou Shi actually didn't think about it so much, his main business will definitely not be finance, but it will not be completely controlled by others, even if he completely trusts someone, Zhou Shi will not give him unlimited rights, besides, where will there be someone who can be completely trusted?

"By the way, this time we must fight quickly!" Zhou Shi added

"No problem, don't worry. "Gregory

Zhou Shi hung up the phone with Gregory.

"Although they have been promised the right to manage, the company is still ours, and it is important to ensure that our interests are not lost. Zhou Shi said to Lu He

"No problem!" Lu He also said with mixed feelings

Zhou Shi then told Lu He in detail about the previous incident, and went back to sleep. As soon as I woke up the next day, I heard bad news.

Simon, Barclays, and joined the acquisition of Lehman, and Nomura also asked Forder about the acquisition. "Gregory

"What are your plans?" Zhou Shi

"We intend to compete with Barclays. "Gregory

"What is Barclay's goal?" Zhou Shi asked again

They are interested in Lehman's core businesses, including Lehman's investment banking and capital markets operations in North America, as well as its headquarters in New York and two data centers in New Jersey. "Gregory

"We abandoned the acquisition of our North American business and focused on Lehman's business in Asia and Europe, including Korea, Japan, Australia and Greater China. Zhou Shi said decisively

"But ......" Gregory

"No, but, even if there is no Barclays, will Goldman Sachs and Da Mo watch Lehman resurgence?" As soon as Zhou Shi's words came out, Gregory was silent, and Lehman's bankruptcy was more or less related to these two investment banks.

"It's a shame, we could have asked for more. "Gregory

"People have to be self-aware, and the longer this thing drags on, the slimmer our chances become. Keep an eye on Barclays, they are much more prepared than we are, and we can refer to their pricing and conditions, and reach an agreement with them on the same day to distract us. Zhou Shi thought of something again.

Nomura Securities, Korea Development Bank, China CITIC Bank, the sovereign wealth funds of the United Arab Emirates and Qatar all have the idea of acquisition, do we have the ability to compete with them? It's best to close the acquisition this week, and if it drags on until the next week, someone else is sure to join the bidding. ”

"We have more advantages. "Gregory

"Speed and price, when no one is bidding, we pay the lowest cost. Do you think I have too much money and want to use a little for me?" Although Gregory was more than him, Zhou Shi was also unceremonious.

"Okay, I'll speed it up. "Gregory

"Keep an eye on Barclays, we don't sign slower than them, don't make any other mistakes. Zhou Shi said everything he should have said, and once again told Lu He to pay attention to the speed and not to delay the time. In the past, Barclays Bank made a profit of $8.2 billion from the acquisition of Lehman's brokerage business, which was reported in the news that Barclays paid $1.75 billion for the acquisition of Lehman assets, but soon recorded a book profit of up to $4.2 billion. And Lehman later revealed that Barclays had promised to pay $2 billion in bonuses to former Lehman employees as a condition of the acquisition, but unfortunately never fulfilled the promise. Some Lehman executives agreed to give Barclays a $5 billion discount on the book value of the securities sold, and Lehman later offered Barclays billions of dollars in discounts. The reason for all this has a lot to do with the fact that Barclays promised some people better jobs and bought off a lot of negotiating employees.

However, Lehman officially filed for bankruptcy, although it has brought a lot of negative impact to the global economy, but for Galaxy Capital, it is more of a benefit. After a long period of propaganda and continuous statements in many places, this time Lehman really went bankrupt and had a great impact on many people at home and abroad, including Zhongnanhai and Xiangjiang Li's family.

Gao Xiqing of Huatou took the initiative to call Zhou Shi and ask if he needed financial help.

"We will liquidate the Suzaku Fund and set up a new fund to prepare for the bottom. Is Huatou interested in investing and buying our fund?"

"Wall Street risks are intensifying, is it appropriate for you to set up a new fund at this time?" Gao Xiqing was confused by Zhou Shi's rhythm.

"Galaxy Capital is based in the United States, and most of our profits come from Wall Street, so it is our duty to rescue the market. And if the U.S. financial market collapses, the biggest losses will be the Huaxia government and Huatou!"

Well~~

(End of chapter)