Chapter 844: Thunderbird Bank
    Thunderbird?
    What kind of company is this and where did it come from? How can they be so rich? You must know that this year, outside of the major banks, it is difficult for a company to have so much cash flow, and $1.75 billion is not a small amount?
    However, the report about Thunderbird Ventures' acquisition of Lehman has taken up a small amount of tofu in the Wall Street Journal, and there are not many related reports on major financial websites.
    Even if someone is interested in this acquisition, they have to look up the relevant information of this Thunderbird venture capital, but they can find very little news about the Thunderbird company, probably only know that this company was established a few years ago, and has been active in the U.S. stock market and futures market since then.
    In recent years, they have made a lot of money by relying on accurate vision and investment, but as for what cases they have operated and how much money they have made, this is still not very clear, the background of this company is very mysterious, where it comes from, and those consortia stand behind it, and the financial pages of these major news media have been subjected to pressure and gag orders from the top.
    However, the acquisition of the American part of Lehman Brothers is not a big deal, everyone knows that Lehman has always been an investment bank that invests a lot abroad, and their influence in the United States is not very large.
    After the September 9 stock market crash, some of Lehman's U.S. assets have shrunk from $11.2 billion to $2.5 billion, some of which are in debt......
    Although there are some investment institutions that are creditors of Lehman, such as Goldman Sachs. Morgan, Paulson hedge funds, and the California Fund for Retired Public Officials, among others. But the debt relationship between them has become a mess, and these debts, which are about hundreds of billions of dollars, have not been forgiven by the US government in the end. Because Thunderbird has promised to hire more than 10,000 people in the United States......
    This is a great favor for the U.S. government, you must know that since the outbreak of the financial crisis, the United States has fallen into a job crisis, many companies are busy laying off employees, Lehman has fallen, at least more than 25,000 Americans will be unemployed, and now they promise to recruit 10,000 people. In this way, it can be regarded as a great favor for the government.
    After Thunderbird accepts Lehman Brothers, the company's name will be changed to Thunderbird Bank, but this bank will be closed from the New York Stock Exchange, and will no longer be involved in the investment banking industry, and will completely switch to the business of savings banking.
    At the same time, Lehman's network will be inherited by the new Thunderbird Bank, whose previous debts are no longer due to the bankruptcy of the previous company. But their network in Asia and Europe was inherited by the new Thunderbird Bank.
    And Thunderbird announced that they will continue to carry out some of their investments in Europe and Asia, and of course the savings business will also continue......
    In the eyes of many European and Asian financial elites, this is nothing more than a game played by the US government to resurrect the soul, and they abolished the original Lehman in order to pay off its debts. Now that there is a Thunderbird, how can such a bastard act be acceptable?
    You relied on our accounts, and now you still want to make our money? How is this possible?
    But when I think of the U.S. government standing behind Thunderbird, and a behemoth like Morgan, regulators in many countries have to retreat in their hearts, what can they do with others?
    Pinch your nose and admit it!
    And on this side, Morgan is also unequivocal, turning his head and investing in the overseas branch of Thunderbird, the two sides plan to work together, especially in Asia and Europe, where are they very short of money, there are many projects waiting for everyone to make money......
    Lehman's collapse frightened Merrill Lynch, Merrill Lynch's assets are larger than Lehman's, their assets are more than one trillion, and most of them are also virtual assets, but unlike Lehman, most of their debts are in the United States, so they must not be relied upon.
    Originally, Merrill Lynch was very resistant to Morgan's instigation of them to sell their investment bank, but now they don't dare to pretend to be 13 after seeing Lehman's fate, and they reached an agreement with Bank of America in a few days, and sold their bank with assets of more than one trillion dollars to Bank of America for only $44 billion.
    Morgan also made a lot of money from it, and Bank of America got what they had always wanted, which was west-to-east expansion.
    As a result, there were only two of the five major investment banks on Wall Street, Bear Stearns was swallowed up by Morgan, Merrill Lynch was sold to Bank of America, and Lehman was cut off by an unknown Thunderbird venture capital......
    Now there are only Goldman Sachs and Morgan left on Wall Street, and these two have been supported by this reshuffle feast at this time, everyone eats a brain full of fat is not counted, but the outside is indeed a poor sour image, we have suffered serious losses in this financial crisis, from now on we will not play, we are only a savings bank......
    On the other hand, because of the collapse of Lehman Bank, the poll support of Republican candidate McCain has plummeted by more than ten percentage points.
    The people of the United States will not think so much, it turns out that McCain's election slogan and his arguments are quite supportive, he wants those rich people on Wall Street to take the knife, he will not use our taxes to save those Wall Street cysts, the American economy is indeed improving.
    But now it's okay, even Lehman Bank, which was the most supportive of you, has collapsed, who still believes your?
    And Obama's side has not stopped, if such a good opportunity is not used, then I am really sorry for the conscience of heaven and earth, look at it, the United States is like this, you McCain still does not agree to withdraw troops from Iraq, and you still want to increase troops, is this how we American taxpayers' money is used?
    People are in dire straits, can't you see?
    So the support of the two immediately dropped, McCain is rapidly losing popularity, and O'Xiaohei is on the rise, and more and more Americans are beginning to support his arguments.
    Looking at a big consortium like Morgan, in the United States, Jin Xiaoqiang can only sigh at the power of others, these capital predators are really not given for nothing, if you want to become a family like others, you really have to learn a little bit on your side.
    Lehman has already got it, in fact, the most valuable thing about Lehman is their headquarters building in Manhattan, as well as their two data analysis centers, and their database.
    Lehman is no longer engaged in investment banking business, and in the future, Lehman's business will mainly focus on savings banking.
    Although the competition in this area is very fierce, Lehman is also one of the top five investment banks in the United States, and they have a very strong network of contacts in the United States, as well as human resources, so after turning into a savings bank, these resources will soon come into play.
    And there is no shortage of money on my side, and a lot of money earned in this financial crisis is lying in other banks, which is a very serious waste.
    Jin Xiaoqiang plans to inject the funds into this bank, in fact, the acquisition of Lehman is just a shell, after all, such a bank, under the nose of Morgan, it is difficult to do much in the United States, but the key is to have the skin of this American bank, supported by Morgan, so that it is of great benefit to Thunderbird Bank to officially settle in the Celestial Empire.
    Huayang Power has tens of thousands of employees, and these employees pay their salaries every month, as well as various investments of Huayang Power, these are a lot of expenses, if this cash flow is operated by Thunderbird Bank, it will be much more convenient, it is nothing more than a right hand change left and right.
    Finance and industry have always been a team of brothers who complement each other, and those banks in the Celestial Empire can't be trusted in Jin Xiaoqiang's view, so this fertilizer water naturally does not flow into the fields of outsiders.
    And with the background of Thunderbird Bank, an American bank, there are many projects in the Celestial Empire that can be participated in in the future.
    Another point is that Lehman's financial ties in Asia cannot be abandoned, they have been operating in Asia for decades, although many people see their reputation as not as famous as big banks like Da Mo and Citigroup.
    But their investment banks are very famous in economically developed areas such as Japan, Singapore, South Korea, and Xiangjiang, especially their connections in Japan, which should not be missed.
    Especially their cooperation with the Mitsubishi Foundation of Japan, you must know that Mitsubishi is the leading consortium in Japan, and it is very beneficial to the expansion of his Huayang Power in Japan in the future.
    And this side, just when he was about to leave the United States, Ford couldn't hold it back, and sent someone to find him, in the first two quarters of this year, Ford was a continuous loss.
      lost $2.26 billion in the first quarter, $3.3 billion in the second quarter, and the remaining third and fourth quarters, if nothing else, are likely to continue to lose money.
    General and Chrysler are about to file for bankruptcy protection, Ford's life is certainly not good, last year's cattle 13 booming Ford, this time it is completely withered, and it is a clearance sale posture, what you want is easy to discuss, everyone can sit down and talk slowly.
    But this time Jin Xiaoqiang is not available, he still has to rush to attend this year's Frankfurt Motor Show, how can he care about the bad things on your side, so this negotiation with Ford was carte blanche entrusted to Mark, the former CEO of Ford. Fields and himself were already on the plane to Frankfurt...... (To be continued.) If you like this work, you are welcome to vote for recommendation and monthly passes, and your support is my biggest motivation. )