Chapter 987: I Really Can't Mess With It (One Update)
Who will be the second Bear Stearns?
Stocks of large financial firms, including Goldman Sachs, Merrill Lynch, Morgan Stanley and others, experienced a brutal decline on Friday, despite being devastated this year.
Investors were apparently shocked by the speed at which the situation in Bear Stearns had deteriorated, which had exacerbated their nerves.
"What? I heard you right... Sitting in the living room of the presidential suite, Paulson looked at his subordinates in disbelief, his expression angry and stunned.
"Yes, Minister, you heard it right, the news that MG Chase is going to buy Bear Stearns at $2 per share has spread. ”
"How is that possible?"
“。。。。。。 ”
"Where did the news come from? Well, you don't need to say it, I'll know by looking at your face, it's Andy Smith again, right? This bastard, how could he know so quickly?"
"He's the second largest shareholder of Bloomberg, and one of the things he's done when he takes over is to integrate Bloomberg's News Corp., where the world's financial news comes together... ”
"Damn, I'm going to sue him for manipulating the market, disrupting the economic order, and putting him in jail... ”
The men looked at the roaring minister, and at first they didn't take it seriously, but when they saw Paulson take out the phone, their faces changed drastically, and they hurriedly stepped forward to stop Paulson.
"Minister, all this is speculation, there is no evidence, once we tear our faces, we will not be able to step down, and he will treat us as enemies... ”
Paulson frowned, looked at his chief staff member with a cold gaze, and said coldly, "Are you afraid?"
The staff's expression changed slightly, shook his head and said with a wry smile: "To be honest, I'm a little scared, I've studied Andy Smith, maybe he is young and vigorous, he has never left a way back when dealing with opponents, and he is very patient.
What we are saying is all speculation, his think tank is equipped with an elite team of 10 lawyers, and there will be no handle left, and we can sue him, get him into trouble, and make him unable to cause trouble in the short term.
It must be that nothing can be found, but according to his character, all of us will be remembered by him, and then, he will wait, patiently stare at us, and crush us one by one.
I can't guarantee that I'm a saint, minister, who can guarantee that he's unblemished, he's become powerful, and the immense wealth and media power that makes people tingle just thinking about it, and the entrenched Smith family... “
The staff member said, letting go of the hand that was holding the phone, he had seen Paulson's expression change, and he knew that he had convinced the angry treasurer.
To be honest, the more he studied Andy Smith, the more he felt that this was a bug, full of thorns, and he didn't know what the other party didn't dare to do.
He just eats with his mouth, and he doesn't want to be humanely ruined, or ruined...
Thinking of Pirtzer, who had just been discredited, and Tom, the former leader of the Elephant Party, two political stars had already been knocked to the ground by him and fell into a state of no return, but his lethality is terrifying!
Paulson slowly put down his phone, shook his head with a cold face, and sighed lightly, "Tomorrow I will meet with Fed Chairman Ben Bernanke, it's time to propose stricter supervision of bank capital!"
The staff also did not dwell on what happened before, just like they had not talked about Andy Smith before, the topic skipped directly, and everyone knew that it was undoubtedly idiotic to offend a billionaire who could not be defeated at all for a bankrupt company that had nothing to do with it.
"Okay. Lehman has already called, and they have taken more resolute action to stabilize its books, which has twice as much cash cushion as Bear Stearns. Lehman also launched a difficult and planned campaign to rebuild the confidence of the shakers. ”
Paulson nodded, leaned in the sofa, shook his head and smiled bitterly: "Finally there is good news, what do you think of Andy Smith's next target?"
“。。。 My opinion is very simple, it doesn't matter who his next target is, he's an American, he's the youngest billionaire in the world, his family is deeply rooted, I don't think he's going to bring down the American economy, he doesn't have that ability, what really needs to be paid is here, Wall Street!
Those capitalists from all walks of life, who usually keep shouting about deregulation, the government itself is the problem, and are automatically regulated by the market, no matter what they have said before, I am afraid that in the future, they will want to run to you and queue up to ask the government to bail out.
As for Andy Smith, we just need to figure out what he wants, and maybe we will need his help in the future, after all, his influence and appeal are no worse than Warren Buffett's.
Although gold futures rose again, but he issued a gold selling warning not long ago, many people who believed in him to buy gold, followed by a big profit, this time he gave an early warning, there was a large sell-off, if there is no Bear Stearns crisis, a large amount of money rushed into the precious metals market in order to avoid risk, maybe the price of gold futures will be suppressed!
Paulson was slightly stunned and looked at his staff, "You mean that gold is really likely to fall?"
"Greedy like Andy Smith, his pursuit of wealth is even a little paranoid, I don't think he will be joking, after all, he closed all the gold in his hand, and at 998 US dollars per ounce, he began to ship, the minister, the god of fire Alvitre and his group of think tanks, is a group of real industry leaders that Andy Smith raises with a high salary!"
Paulson smiled bitterly: "I know this, the two data analysis experts I want to invite are inside, and I can't dig it, Andy Smith is too generous... ”
。。。。。。
The following day, March 16, weekend.
Major media outlets have reported on MG Chase's interest in acquiring Bear Stearns' ultra-low offer.
The low price of the offer means that Bear Stearns, who own nearly a third of the company's assets, will lose billions of dollars.
Their initial shock has turned to anger and anguish, and in their desperation they hope that another buyer will show up and make a better offer.
Keep in mind that the week before, Bear Stearns' stock price was still as high as $70, and in January 2007 it was above $170. As a result, the acquisition rumors were strongly opposed by many of Bear Stearns' major shareholders and employees.