Five, eighty, six, and eventually become a god
Li Kai and Zhang Jie muttered in their hearts, but their hand speed was not slow, and they soon pressed all their funds on Lehman Brothers and began to short Lehman Brothers.
When they finished the operation, they looked at Ye Zifeng in a daze, they were waiting for Ye Zifeng's explanation.
"Today, Fannie Mae and Freddie Mac's stock prices have fallen sharply under the influence of the news, and it is expected that it will take time for them to digest this bad news, and at the same time that the stock price plummets, we must also prevent these two companies from taking action to hedge the bearish, so tomorrow when the stock price continues to fall, we will cash in the profits and move the position!" Ye Zifeng said to them.
"We all know what you say! But I want to know, why did you choose Lehman Brothers? Li Kaiji asked.
"Yes! Why Lehman Brothers? Zhang Jie didn't understand either.
From the current fundamentals and news, Lehman Brothers is not bearish, everything is very calm, and there is no momentum to see the storm! But Ye Zifeng just wanted to put all the funds on Lehman Brothers.
You must know that Lehman Brothers is a world-class financial predator, and it is not comparable to Freddie Mac and Fannie Mae.
"I guess! Do you believe it? Ye Zifeng glanced at the two of them and continued to drink his coffee!
Li Kai and Zhang Jie glanced at each other, and they didn't know what to say!
Is it really a guess? Why did he guess so accurately every time? And how can others not guess?
Is it because he is a stock god?
And at the same time, at the headquarters of Lehman Brothers.
Walsh, the president of Lehman Brothers, was smoking a cigar in a fog, and across from him was Smith, the company's investment banking manager.
The coffee in front of Smith had been cold for a long time, but he didn't move, his expression was solemn, and he looked timidly at his boss Walsh through the smoke.
Just now, Walsh had just received a phone call from the company's major shareholder. As soon as he answered the phone, Walsh pulled out a cigar and smoked it, which Smith knew was not good news.
Finally, Walsh finished smoking a whole cigar, and through the smoke, said to Smith, "The Japanese and Korean syndicates rejected our spin-off plan!" ”
"They refused!?" The news was expected by Smith, and it was unexpected by him.
Lehman Brothers now has nearly half of its assets are pressed on commercial real estate, in order to promote liquidity, these assets have been leveraged, before benefiting from the golden cycle of the real estate industry, Lehman Brothers has been squeezed into the top three of the five major investment banks, but now, the tide is receding, who is swimming naked, basking on the beach, will soon have results.
Walsh, the president of Lehman Brothers, knew this, and he and Smith soon developed a plan to spin off Lehman Brothers' real estate business, package it into a single company, and then bring in new investors to prepare for the IPO.
The Japanese and South Korean syndicates were the new investors introduced this time, but now, the other side has refused, which means that they must find new investors as soon as possible, before the whole crisis erupts.
If a crisis erupts, these assets will turn into poison and will soon kill Lehman Brothers! Therefore, they must act quickly, and before the situation is clear, they must find a substitute for the dead ghost, which is the immortal poor path of the dead friends.
"So what do we do?" Smith asked worriedly.
Smith, an investment banking manager, knew the seriousness of the matter, and if it failed, Lehman Brothers would be in trouble.
Another thing, just now he received the news that someone was shorting Lehman Brothers in the market, which is the really terrible thing, and he is worried that the news has leaked.
If the news leaks out, it will definitely set off a chain reaction in the market, which will be a fatal blow to Lehman Brothers.
Smith told Walsh the news, and Walsh's face changed dramatically. He grabbed his clothes and rushed outside, saying to Smith as he went, "You are here, call me as soon as there is news!" I went to the Treasury to find Paulson! ”
Paulson was the Secretary of the Treasury at the time! Walsh is seeking financial support from the U.S. government.
Smith was nervous, sitting at the company's headquarters, waiting for news from Walsh while keeping an eye on the market.
Fortunately, although some people in the market have shorted Lehman Brothers significantly, the stock price has not fallen sharply, but only slightly, the trading volume has shrunk, and the trading is not active. It seems that this is because Lehman Brothers is one of the five major investment banks, and the aura of the past makes those investors dare not easily believe that Lehman Brothers has a problem.
They are still waiting for the news to come to light!
Soon, Smith receives a call from Walsh, in which Walsh asks him to arrange a drinking party. At that time, Paulson of the Treasury Department, Ben Bernant of the Federal Reserve, and Goldman Sachs, Bank of America, Moldenstanley, UBS, ...... and other major investment banks will participate. The reception was held in order to attract investors from the spin-off of Lehman's real estate business.
Smith listened, very nervous. He knew that this reception would determine the future of Lehman Brothers, and if the investment was successful, Lehman Brothers would get through this difficulty, and if the investment failed, Lehman Brothers would never recover!
The reception was held at the Four Seasons Hotel on Wall Street, and all the major financial giants on Wall Street were present, including Paulson of the Ministry of Finance of the United States and Benedict of the Federal Reserve.
Walsh looked tired, holding a wine glass in his hand, shuttling between the bigwigs, he was haggling with people with a shy old face.
"Are you worried about default? Oh no! In the event of a default, the first $5 billion will be repaid by Lehman Brothers! …… That doesn't work? ……”
Walsh promised a big guy, but the big guy just shook his head.
"You say the price is too high, then we will split the price by 20%! What do you think? ……”
Walsh said to the other big guy, who shrugged his shoulders and said he couldn't do anything about it.
"If you're willing to contribute, we can talk about everything slowly......"
Walsh found another big guy and said. The big guy smiled wryly, since the real estate crisis, they themselves are unable to protect themselves, but there is suffering, he has to pat Walsh on the shoulder to express comfort.
……
Disappointed, Walsh ended up walking up to Paulson.
Now, for Walsh, he needs time to deal with this matter, there is money in the market that is heavily shorted, and if it is not handled properly, the Lehman Brothers crisis will completely erupt, and the consequences will be unimaginable.
Paulson looked at Walsh, who had come to his surface, and knew he had found nothing. Don't look at these Wall Street bigwigs who usually call each other brothers, but when it comes to the critical moment, they are a bunch of wolves that eat people and don't spit out bones. They weren't Robin Hood, of course, going to Lehman Brothers for help.
Bernant also looked at Walsh with sympathy on his face.
"Mr. Paulson, Mr. Bernant! Now, I just want to ask for a commitment from the federal government or the Federal Reserve to our commercial mortgage-backed bonds to give us time to dispose of the underlying assets! ……”
Walsh's eyes turned red after he finished speaking.
Paulson glanced at Walsh and said with a blank face: "As the plenipotentiary of Mr. President, I tell you very clearly, we cannot use taxpayers' money to save Lehman!" ”
Walsh was stunned by Paulson's clear answer, and although he had guessed the outcome, Walsh collapsed when it did.
The Wall Street bigwigs looked at Walsh with great sympathy, and no one squeaked.
This is the capital market, profit-seeking and cold-blooded!
They did not know that the bankruptcy of Lehman Brothers was only the beginning, and it punctured the economic bubble of the whole world.
An economic crisis has erupted that has swept the world!
The results of the Four Seasons Wall Street reception quickly spread through the markets, and Lehman Brothers' shares plummeted, triggering a plunge in the shares of other investment banks, with the Dow Jones falling the most in nearly eight years.
The financial risks in the United States triggered a global financial crisis, and in Europe and Asia, the stock market, bond market, and futures market have continued to fall sharply.
The world's financial markets have crashed! The economic crisis has erupted!
When everyone was in extreme panic, Ye Zifeng instructed Li Kai and Zhang Jie to stop winning and retreat.
When Li Kai and Zhang Jie faced the astronomical numbers in their accounts, they couldn't believe that it was all true. The mere $10 billion has increased nearly tenfold in a short period of time!
What a horror!
"Zifeng! How would you know? Although Li Kai and Zhang Jie knew Ye Zifeng's answer, they couldn't help but ask him.
"Guess! Do you believe it? This is Ye Zifeng's answer.
Li Kai and Zhang Jie had already guessed it, but they couldn't help but ask.
Perhaps, the answer will be different next time?
After Ye Zifeng, Li Kai and Zhang Jie finished handling the affairs of the rice country, they said goodbye to Duan Ye.
Duan Ye was very busy, and he also knew about Ye Zifeng's affairs in the United States, he said on the phone, you are a disaster, wherever you go, someone will be unlucky!
Ye Zifeng had no choice but to smile bitterly and said, can you blame me? They brought it on themselves!
Ye Zifeng's expression when he spoke was very innocent! attracted the violent beating of Li Kai and Zhang Jie, Ye Zifeng did not fight back, so he had to hug his head and run away.
Subsequently, Ye Zifeng called Ye Xiaoxian and told her that he was returning to China.
Ye Xiaoxian was silent on the phone for a while and said, if you like to go back, what does it have to do with me!
Ye Zifeng touched his nose and was stunned with the phone.
Yes! I'll go back to my country, why tell her? Ye Zifeng didn't figure it out.
When all the affairs were taken care of, Ye Zifeng flew back to China with Li Kai and Zhang Jie.
On this day, it rained heavily on Wall Street.
At Kai Tak Airport in Hong Kong, there were countless people waving banners, "Welcome to the gods!" "Picked up at the airport.
"What's going on?" Ye Zifeng was stunned when he saw it.
"I only told Zhang Lu, I didn't expect her to make such a big move!" Li Kai snickered.
"Because you're a god! Now with a full load from Wall Street, it lives up to its name! Zhang Jie didn't feel anything wrong!
Stock God! Well deserved!
Ye Zifeng shook his head helplessly, and a person sneaked away from the side door.
Because the god of stock is a god and a man! (End of Part 1)