Faith is more precious than gold.

The business model of most of Wall Street's investment banks is built on confidence.

Financial companies are not like manufacturing companies, even if the market situation is not good, then at least there are physical existence, so as not to collapse. As for financial companies, as long as there is a large-scale panic in the market, then the business model of overnight lending financing will also collapse.

This also illustrates the fragility of Wall Street from one side. Even the Treasury secretary and Wall Street CEOs at the top of the chain can't escape the panic of the impending rain and the storm filling the building.

What's more, at this time, the panic has completely turned into a disaster with the bankruptcy of Lehman, the Dow Jones index fell 504 points, a decrease of nearly 5%, and the Standard & Poor's fell by more than 10%.

In a market economy, the stock market is the barometer of the economy. The stock market is all about investors' expectations for a company's future. In addition to the economic situation and company fundamentals, the formation of expectations is largely based on people's confidence.

When the financial crisis hits, no one can resist that panic. People are frantically liquidating their stocks, not caring what their costs are, just afraid that they will be the last one who can't escape. So a stock of a few dozen dollars can also fall in an instant and be worthless. At this moment, the value of its existence has nothing to do with the operation of its company, but only with the confidence of investors, which is the so-called stampede disaster.

Be greedy when others panic and be cautious when others are greedy.

In Andy's opinion, this sentence seems to be clever, but in fact, it mainly has the effect of pretending to be 13 nonsense.

And how many people can do it? Because when banks keep filing for bankruptcy protection, they don't know where the bottom is. Even if you judge the long-term trend correctly, it is likely that you will lose all your money long before the day when the value returns.

"The funding gap has suddenly increased from $50 billion two days ago to $85 billion in loan commitments before the end of the day. In such a situation, it is no longer possible to solve the problem by relying on the private sector.

According to the news just got, under the Federal Reserve's arrangement, Goldman Sachs and Da Mo began to cut into the discussion of AIG's rescue, but it is not optimistic, maybe soon, the boss you will also receive a call for help from AIG's CEO Velenstein... ”

In the conference room of Gaia's company, Andy relaxed and lazily nestled in the boss's chair, looking uninterested, listening to the reports of his subordinates, even if the company is currently too busy to touch the ground, the team that always pays attention to Wall Street has not been pulled out.

Andy knows very well that the acquired assets can be slowly straightened out without worry, but the current financial tsunami on Wall Street is a once-in-a-lifetime opportunity, and one must not be lost to the other.

"What is AIG's share price right now?"

"The Dow fell 504 points, the biggest one-day drop since 911, and AIG's stock price fell 65% to $4.76!

"How much did we withhold?" asked Andy, with his eyes lit up and a little excitement in his heart.

“。。。 Because of the restrictions of the short selling and price increase rules, all the short sides are stuck at 10%, and now the short side needs more principal investment, and the leverage is limited, and we only made a profit of $3 billion from the collapse of AIG this time. ”

"Shet!" Andy frowned and scolded with an ugly face, Nima's, most of the money has evaporated, and the duck to the beak has flew, making Andy look a little angry, after all, if there is no short sale ban, at least 10 billion income is proper, now it's okay, only a little bit has been intercepted, it's no wonder that you can be happy.

"I heard that Goldman Sachs and Da Mo have prepared tens of billions of funds to make a profit, Berkshire Hathaway has also prepared 60 billion, and Soros's quantum fund has also cobbled together more than 40 billion, but they were all suddenly stuck by the White House... ”

Al said some information at the right time to calm his boss's greedy anger, and he thought that the boss would feel better when he heard that someone was accompanying him.

Sure enough, Andy's somewhat angry expression froze slightly, the corners of his mouth twitched a few times, and then complained: "These bastards deserve to be unlucky!"

。。。。。。

Everyone in the conference room bowed their heads collectively to prevent the boss from seeing their foreheads with black lines and uncomfortable expressions.

"Boss, the ripple effects of the collapse of the financial system will destroy all combinations, and no empire will be safe! ”

Al looked at the boss with a solemn face, and said with some concern about his boss's becoming more and more unscrupulous and reckless and crazy impact on the US capital market.

Andy directly ignored the advice of his chief thinker this time, and said with a bright cold glint in his eyes: "I must make the cash in my hands reach more than 50 billion US dollars by the end of this year, and my plan cannot be lost!"

Al's pupils also shrank slightly, he naturally knew what the big boss's plan was that could not be missed, Qualcomm, which ranked 97th among the world's top 500 companies, even if it was under the financial tsunami, the stock price would plummet, and the market value would be between 400-60 billion US dollars.

If the boss really wants to win, then even if there are many banks willing to help the boss, lend the boss funds and help the acquisition, the available funds in the boss's hands need to be close to the market value of the other party, so that they can easily face Qualcomm's counter-attack on the hostile takeover.

There are also AMC cinema companies that cost almost 200 billion, and Starbucks of 40-6 billion, no matter which target is not easy to take, in addition to AMC cinema line may negotiate with Heqi, the rest of Starbucks and Qualcomm must have a fierce battle to get the result.

In the face of Qualcomm, not only to fight on the business battlefield, but also to play a political game in Washington, after all, as a high-tech company like Qualcomm, it has world-leading scientific and technological strength, and it is not just money that can be acquired, of course, at this point, Al has nothing to worry about, and no one will rush to the front and the Smith family hard steel.

At the end of the meeting, Andy returned to the office and just sat down, when he received a call from Warren Buffett, who is the hottest in the United States now, Warren Buffett, an old rascal, is undoubtedly in the first place.

Whether it is Lehman, which has gone bankrupt, AIG, which has only 48 hours left to raise funds to fill the hole, or the desperate Midland Bank, their first choice is not to seek help from the Federal Reserve, but to pick up the phone and call Warren Buffett, an old rascal.

Compared to taking the hot dollars from the Federal Reserve or the Treasury, they are more inclined to be slaughtered, Warren Buffett's help, because whether it is the Federal Reserve or the Treasury, they eat people without spitting out bones, they hold dollars in one hand, and butcher knives in the other, and their favorite thing to do is to change everything from the CEO to the executives of various departments first...

Warren, the old rascal, opened his mouth with a burst of envy and jealousy, and Warren was really jealous of Andy's good thing of annexing the core and best assets of Lehman.

Andy spit out with the other party for a while before asking, "You're the hottest busy person right now, so you won't call me to make a small talk and waste time, right?"

"Of course, let's be honest, I'm in New York right now, and we're out playing golf... ”

"I'm crazy, I'm going out to play golf with you on such a hot day! Andy unconsciously glanced at the scorching sun hanging high in the sky outside the window, rolled his eyes and refused directly.

"Ahem... You guy, it's good to exercise and sweat a little. Well, that's right, just AIG Group CEO Willenstead asked for an investment of about $5 billion. Are you interested?"

"I'm not interested! I know that you won't think of me for good things, 5 billion is just a small meaning for you, why don't you vote, are you going to do the more than 60 billion in your hand?"

Although he knew that the U.S. government would save AIG, AIG's situation was too complicated, and he didn't know much about the U.S. insurance industry.