Chapter 1197: If You Don't Die, You Can't Die

"Lehman's new company, REI, is full of bombs full of nuclear waste that can explode at any moment... ”

"Forde is an idiot, they are asking too high, they scare the Koreans away, his reputation is damaged, he is afraid that he will be forced to retreat from within... ”

"Lehman's desperate job is to kick nearly $60 billion in real estate out of the house, who will be the unlucky guy to take over?"

When all kinds of true and false news spread on Wall Street, with the promotion of well-intentioned people, on the third day of Andy Smith's return to New York, on September 1, Lehman's stock price ushered in another dive, falling by more than 40%, from $12.4 to $8.78.

And just on this day, invested 2 billion funds, crazy with 10 times leverage to hedge the short Lehman company Gaia, more than 500 million dollars of profit on the account, so profitable, even Andy, who is not bad for money now, laughed happily.

Lehman CEO Fuord, who was far away in Seoul to negotiate with the Bangzi Development Bank, had to rush back to New York by private jet overnight to hold an emergency meeting to deal with the diving stock price and clarify various rumors and rumors.

It's just that the capital market, which has no confidence, will be dragged down by market panic even if there is no crisis within Lehman, not to mention that it is already precarious and standing on the precipice of bankruptcy.

In the Lehman Building on Manhattan's Garden Mile, Foord, who had just returned to the office, began to make "peddling calls" to all his 'good friends', and was forced to start selling assets in batches.

Forder's first phone call was to his old boss and old friend, the CEO of Blackstone, to Blackrock, to Soros, to Warren Buffett, to Bank of America, Barclays, Keller Investment... Hit everyone Fayder could think of.

Eventually, Forde made phone calls to the Federal Reserve and U.S. Treasury Secretary Paulson.

After answering the phone, in his office overlooking the White House, Paulson gritted his teeth and cursed with a gloomy face: "These are a bunch of bastards who deserve to go to hell!"

Paulson was already overwhelmed by the takeover of the two houses, and although it was going well, it was also him, the Treasury secretary, who was fighting in the Independence Army, and Bernanke and Geithner, who verbally supported him 100 percent, refused to join his war room.

Although they felt guilty about rejecting Paulson, in fact, both Bernanke and Geithner had a certain degree of disgust, even disgust, for this plan, and in their opinion, they should not use the money of the SHUI people to save the two houses, they should be left to fend for themselves, and as for the hysteria of creditor countries such as the Celestial Empire, the Foot Basin, and Russia, let them die!

Well, now that the two houses haven't settled yet, Lehman Brothers is going to be finished again, and these damn guys are almost going to just say, "Hey, the government has to save us, or we're doomed, and the U.S. financial system will really collapse when it falls... ”

Although he gritted his teeth with hatred, Paulson, as the captain of the firefight, sighed helplessly, took a few deep breaths, picked up the phone, and called.

Warren Buffett, the legendary value investor, sits in his office at Berkshire Hathaway's headquarters in Omaha, sipping a cherry-flavored Diet Coke while working at his father's rustic wooden desk.

Jingle Bell –

Warren Buffett glanced at the phone, put down the Coke, and picked up the microphone.

"Warren, I'm Paulson. How are you? I am now ... “

"Hello. Warren Buffett greeted in his trusting and friendly tone.

Paulson's greetings sounded like an ordinary greeting call, but he was well aware that he was torn between being a regulator and a dealmaker. He quickly turned the conversation to the problems facing Lehman.

"If you can make a move, your name alone will give the market a lot of confidence," Paulson said. He carefully chose his words, while tactfully stating that he would not vouch for Lehman.

In fact, Warren Buffett heard many years ago that as the top executive of Goldman Sachs, Paulson refused to deal with companies that he considered too aggressive in terms of investment or accounting.

Years of friendship have made Buffett familiar with Paulson's code of conduct, he is a trustworthy person, and if he really wants to do something, he will say it bluntly.

Warren Buffett knew that Paulson was not very eager to help Lehman Brothers, so he smiled lightly and said: "Lehman has too many problems, I turned down the investment in March, and Forder's successful financing took advantage of my reputation without my knowledge, I will not trust this kind of person anymore, so, sorry... ”

"Hey... The corners of Paulson's mouth twitched a few times, then he sighed softly, knowing that this call would turn out like this.

Warren Buffett pushed his turtle shell-trimmed glasses, the corners of his mouth turned up slightly, and said, "Why don't you ask Andy, maybe he's interested." ”

Hearing Andy's name, Paulson's whole face turned blue, and he gritted his teeth and said: "Behind the collapse of Lehman's stock price this time, Gaia is the most likely to be dominant, do you think he will save Lehman?"

"Hehe, Paulson, my old friend, it seems that you don't know Andy Smith, listen to my advice, call him, maybe there is an unexpected gain, you know, before, he spent a lot of money in South Korea, bought a large area of commercial land, maybe Lehman real estate, has aroused his interest. ”

"You're saying he wants to buy the real estate market?" asked Paulson, his eyes lit up slightly, and he couldn't help but ask with some eagerness.

"It's not necessarily impossible, his strategic layout is very interesting, it seems that he is not very interested in the financial market, but prefers industry, but, dealing with him, hehe, be prepared to be slaughtered, Lehman... Warren Buffett can be said to have been paying attention to Andy Smith, after all, Andy's rise is too behemous to pay attention to.

"Okay, I'll call him in a moment... Paulson doesn't care how Lehman was slaughtered by Andy, as the Treasury Secretary, he has done his best to match Lehman, as for who takes advantage and who suffers, that is not in his consideration, he just wants the market to remain stable.

WHEN ANDY RECEIVED A CALL FROM PULSON, HE WAS TAKING A NAP IN THE BREAK ROOM AT THE BACK OF THE NEWSWEEK BUILDING'S OFFICE, FLANKED TO THE RIGHT BY TORY BLACK, HIS LITTLE ASSISTANT, WHO HAD BEEN WHIPPED BY HIM ALL AFTERNOON, AND LULANA, THE PIGTAIL GIRL.

The little assistant who was woken up by the phone reached out and took the mobile phone on the wound cabinet and handed it to Andy, who was no longer sleepy, slowly sat up, leaned on the pillow and picked up the phone.

And Lulana, who was taken care of by Andy before, was not affected at all, and continued to fall asleep, while the little assistant lifted the silk carpet, picked up the nightgown on one side and put it on, and made coffee for the big devil.

Listening to Paulson's words on the phone, Andy yawned and said with a lack of interest: "Well, Your Excellency, I am very grateful for this kind of good thing, you can think of me, even if you disturb my lunch break, but, sorry, now is not the time to buy the bottom, and besides, I don't like Dick Ford the person, so, let them die!"

Yawn –

So, Your Excellency, is there anything else? I need to take a shower and sober up... ”

Andy ignored Paulson's wry smile, and after chatting casually, he hung up the phone, with a sneer on the corner of his mouth, in fact, the direct reason for the collapse of Lehman is to exclude all conspiracy theories, and the general consensus on Wall Street is that Lehman's current CEO Dick Ford, he has a very bad reputation in the industry, and the entire Wall Street thinks he is arrogant and rude. So almost everyone didn't save Lehman when he was about to fall. More people chose to step on a few feet.