Chapter 1207: The Early Bird Gets Worms (29/62)
Desperately, towards the end of the day, neither Bank of America nor Barclays showed further interest in the deal, and the government had no power to inject capital. Lehman is left with the last $2 billion in cash, and if he can't find a solution by the weekend, all that's left next Monday is a corpse.
And all the bigwigs in the Fed building know that Bank of America, the chosen acquirer, has not had the slightest interest in Lehman from the beginning to the end, and they are eye-to-eye with Merrill Lynch.
However, what makes everyone feel funny is that although Merrill Lynch tried his best to arouse the interest of Bank of America in mergers and acquisitions, he was secretive, and seemed to be really in the boudoir, never out of the cabinet, and then everyone knew that Merrill Lynch was actually a DANG woman, and he didn't know how many losses he meowed, and he pretended to be pure.
Paulson and Geithner understood that only the British were interested in buying Lehman, and for the sake of insurance, when Andy, who was stretching his waist and leading people to stand in front of the elevator and was about to leave, was stopped by Paulson's chief of staff, Andy looked at the time, couldn't help frowning and said: "It's half past ten, I don't sleep, let's talk about something tomorrow." ”
Hamilton stepped forward with a wry smile, and after muttering a few times in Andy's ear, Andy rolled his eyes and said to Al beside him, "Let's go, go over and have a look." Let's go back and rest first... ”
Andy and Al, led by Hamilton, walked into the conference room, and saw the four people present, Paulson, Geithner, Lehman CEO Foord and Warren Buffett, greeted the four of them indifferently, and sat down.
Listening to Paulson and Geithner's sincere words, hoping that the two could invest in Lehman, the arrogant face of Forde also had a sad face, the words were touching, and the pleading under the urging of Niao, Buffett and Andy glanced at each other in unison, and they both saw the meaning of deception and defense in each other's eyes.
Both of them coveted some of Lehman's business and assets, but neither of them wanted to speak first, and for a moment, the conference room fell silent.
The first to break the silence was the already anxious Furd, but the price he offered made Andy and Buffett suddenly lose interest in continuing the conversation.
$42 billion! Lehman Brothers brought home...
Andy wanted to sneer at him, but now was not the time to be happy, if he wanted to take advantage of it, he also needed the three people in front of him to open the door.
"21 billion, if I agree, I will inject capital, but I need to use part of the assets and business as collateral... ”
The stinky and shameless Buffett began to talk about Balabala, and the lion opened his mouth to praise him, Nima, what kind of preferred stock, the requirements put forward are simply harsh, look at Forde's darkened face, you can understand the ruthlessness of the old rascal Buffett.
And Andy has always watched the old rascal slaughter Lehman with a calm and indifferent face, he didn't have the idea of annexing the entire Lehman, so naturally he wouldn't prescribe any harsh conditions to annoy people.
"Mr. Smith, what about you?" Geithner asked when he saw that Foul and Buffett were about to collapse, hoping to ease the tension.
Andy shrugged his shoulders and said helplessly: "I can't eat, I can't come up with that much money... ”
"We at the Fed are willing to vouch for you... ”
Andy rolled his eyes, squinted at Geithner and said lightly, "I have too much debt, I can't sleep!"
"Ahem... ”
Several people in the conference room were coughed lightly by Andy's words, and then Andy looked like he didn't care about himself, no longer spoke, and didn't let him wait long, 10 minutes later, the conversation completely collapsed, Andy shrugged his shoulders and said hello, stood up and patted Pigu and walked out of the conference room first.
After taking Al downstairs, Andy said to Al: "Get in my car, don't you want to leave in a hurry... ”
Al's eyes narrowed slightly, nodded, and then sat in the spacious SUV with Andy, and didn't wait long before he saw the tall, but exhausted, Foul appeared at the door of the building with someone.
"Kenny, go and ask Mr. Forde to come over and say I have something to talk to him about. ”
Kenny nodded, then opened the car door and walked up quickly, through the window, Andy saw Fuord's gaze coming over, lowered the window, Andy smiled and waved, and then, Fuord walked over quickly and got into the car.
"Andy, what do you want, just say it!"
Andy was not upset by Forder's direct and blunt words, but said with a smile: "I heard that you only have $2 billion in cash in your account?
Forde smiled self-deprecatingly, then frowned, "Please continue." ”
"Hehe, 1 billion cash is paid in a lump sum, and I will buy the 13 buildings in your hands!"
Fuld's face was pale, his eyes were cold and he looked at Andy with a faint smile, and almost gritted his teeth and said, "They have a market value of 4.2 billion!"
"It was 2006, and now it's 08, Forder, this time and that time, with this billion, maybe you can hold on for a while, maybe it will really turn around, Lehman needs most now is the time to persevere, what do you think?"
"It's impossible! You're blackmailing, even if we mortgage the bank loan, it's more than that... ”
"Hehe, is it? Will the bank lend you Lehman?" Andy said with a sneer, leaning back on the car seat, the corners of his mouth curled slightly, his eyes exuding a sharp gaze.
"Forder, don't kid yourself, the whole world is waiting for the moment when you fall, once Lehman announces its collapse, Wall Street, Europeans, and the financial companies of the footbasin people will rush up like vultures to see the newly fallen corpses, and snatch the assets of the various useful "parts and organs" on Lehman's corpse at a much lower price than the original bid.
You're counting on Paulson and the Fed to save you, hehe, do you think you're Goldman Sachs or MG Stanley? You Lehman upstart still want to be treated like an aristocratic descendant, you think too much!"
Fuord's eyes widened, his face flushed with anger, his fists clenched, his lips trembled slightly, and he looked at the handsome but vicious young man in front of him at this moment, and he wanted to pounce on him and punch him twice.
"Whew-"
Forde was like a deflated ball, and his spirit seemed to be drained away at once, and he said to himself with a wry smile: "Although cruel, you are the only one who has told the truth, and they want Lehman to go bankrupt immediately... It's ridiculous that the board of directors is still trying to save the opponents who want to die... ”
With that, Forde opened the car door and walked out of the car with a slumped figure, Andy just narrowed his eyes slightly, and did not stop the other party again, waiting silently.
After the depressed Forde took a step, his face that looked unusually pale under the street lamp showed a complicated expression, looked back at Andy, who lowered the window and looked at him silently, and said in a trembling voice: "Tomorrow morning at half past eight, the expiration date will not wait... ”
"Drive!"
The corners of Andy's mouth turned up, and the smile on his face became brighter and brighter as the car window rose, and Al on the side just took off his glasses, slowly wiped them with a handkerchief, and said lightly: "Boss, isn't it a little too early for us to act now, and when they go bankrupt and liquidate, it may be cheaper." ”
"Real estate worth 40 billion, I only fancy these 13 commercial buildings, and I don't want the rest, the key is that these 13 buildings are concentrated in London, Berlin, New York, San Francisco four cities, hehe, when the time comes to bankruptcy liquidation, do you think the bankruptcy consulting company will be divided separately and sold to me?
Those vultures won't give up the opportunity to earn a high commission, so it's a rare opportunity for you to do it yourself tomorrow and buy it in the name of Gaia!" Andy commanded as he looked at Al.