Rebirth of the Financial Crisis Sweeping the World

  Chapter 187 187 [2 billion wars against financial predators caused a loss of 360 million US dollars! 】

  After lunch, Wang Guanxi said goodbye to everyone and hurried to the headquarters of the Heiji Insurance Company.

  All the executive directors are there.

  Huang Shaokai, Wu Zhankun, Zhang Youde, Wang Juehao, Bai Weiqiang, Mu Honglie, Chen Xuezhen, Wei Weicheng, Kawauchi Yuji, Ogura Go, Huang Jiajiang, Zhen Dahua, Huang Xuehui, He Chunlong, Zhong Guowei.

  In the conference room, Wang Guanxi first asked Wang Juehao, “Is the funds of the black shirt insurance company ready?”

  Previously, the black shirt insurance company had a cash flow of 2 billion Hong Kong dollars and net assets of 1 billion Hong Kong dollars after the battle against the Lu family. This time he intends to use it to short Lehman Brothers.

  Wang Juehao hurriedly said: “BOSS, it’s ready, 2 billion Hong Kong dollars are all converted into US dollars, a total of 258 million US dollars.”

   "Well, very good" Wang Guanxi nodded and continued: "This time we are going to short the Lehman Brothers stock. Have we arranged everything?"

  Before, Wang Guanxi had already instructed Huang Shaokai to arrange, short Lehman Brothers, and the US stock market would not open today!

   is **** fucking!

   Taking advantage of Lehman Brothers’ stock price increase in recent days, it is very good to short!

  He was worried that Lehman Brothers’ stock was falling, but it was not easy to go short instead.

  Huang Shaokai opened his mouth and said: "Chairman, the stocks have been borrowed. The total amount borrowed from AIG is 20 million shares."

  American International Group (AIG), which is a trillion-dollar asset giant, owns the famous AIA Insurance and AIA.

  AIG recently cooperated with the US$3.5 trillion BlackRock Group and financial crocodile Soros to increase its holdings of Lehman Brothers stock at a low price, and it intends to hold it for a long time.

  Now the top ten shareholders of Lehman Brothers include American International Group, BlackRock Group... also includes Soros Quantum Fund.

  Zhang Dexi also said: "The employees of the company are also ready to expose the Lehman Brothers going bankrupt in the US stock market forum."

   "Very good" Wang Guanxi nodded.

  Short stocks, of course, you also need the navy in the stock bar, wave the flag and shout, let stockholders or financial institutions know.

  Let them sell quickly and let the stock price fall. Of course, this is not that Wang Guanxi is a good old man to let everyone lose less money, but that everyone sells stocks and can make money for themselves.

  At this time, Wu Zhankun was a little excited and said: "Soros may also increase his holdings this time, BOSS, are we really going to short Lehman Brothers stock tonight?"

  I recently heard that the Soros Quantum Fund has been increasing its holdings of Lehman Brothers stock. The Soros Quantum Fund, which is a hedge fund of tens of billions of dollars, is known to those who play finance.

  Wang Guanxi nodded: "Yes, just short it tonight, Soros is here, and we will **** him as well!"

  Soros increased his holdings of Lehman Brothers, but he was still angry and panic, but when he came, he just **** him!

  Wang Guanxi’s words made everyone very excited.

  Soros, the American financial crocodile, is a well-known existence in the financial world.

  The record is sturdy, once short the British pound, but the Bank of England surrendered.

   During the Asian financial crisis, short-selling Hong Kong, Thailand... those generations of legends, they actually opposed such people!

  Excitement!

  Excited.

  At 8 o'clock in the evening, the news came again.

  Lehman Brothers is planning to lay off up to 1,000 employees. This is the company's fourth layoff this year.

  This year, Lehman Brothers has laid off approximately 6,440 employees, accounting for 22% of its total number of employees.

  Since the collapse of the subprime mortgage market last year, the total capital write-downs and credit losses of the world’s major banks and securities companies have exceeded US$512 billion, and the total number of layoffs has reached 100,000.

  Lehman Brothers CEO Richard Fuld is also seeking to sell assets related to the US real estate market.

  The company lost $2.8 billion in the second quarter because these assets suffered huge capital write-downs.

  The layoff is to reduce costs. In fact, it is still slightly positive for the stock price, and it is not bad if it is slightly positive. It just makes the black shirt insurance company short it.

  Wang Guanxi is worried that bad news will suddenly come, which will make Lehman Brothers’ share price plummet tonight, making it inconvenient for the black shirt insurance company to go short!

  The time soon arrived at 9:20 in the evening.

  Wang Guanxi once again came to the black shirt insurance company.

  He will not rest for the time being tonight, he must personally direct the short Lehman Brothers!

  US$258 million, there is no room for sloppy, you must personally direct, be meticulous and precise.

  The US stock market will open soon!

  The shares of Lehman Brothers began to rise, and soon rose by 0.2 US dollars, reaching 15.2 US dollars per share.

  Huang Shaokai asked: "Boss, shall we be free now?"

   "Don't worry, wait for the stock to continue to rise," Wang Guanxi said.

  Now the share price of Lehman Brothers has only risen by 0.2 US dollars, it is not a shot, he has to be very patient and wait for a good time.

  Time passed quickly, but the share price of Lehman Brothers did not continue to rise, but fell, which made Wang Guanxi a bit crazy!

If    does not rise, he will not go short!

"keep an eye on!"

  "Yes, BOSS" Huang Shaokai, Zhang Dexi, Wu Zhanhai, Wang Juehao, Bai Weiqiang and others are also closely watching the stock price.

The stock price of    has fallen to $14.00, but some people buy here, the stock price is supported, and the black shirt insurance company is not short.

  At this time a message came.

  【Lehman Brothers executives frequently shuffle the cards in chaos】

  Since the outbreak of the subprime mortgage crisis, it has become commonplace for senior Wall Street leaders to change blood, but it is also rare for Lehman Brothers to change frequently three times in the past four months.

  Now Lehman Brothers is in deep financial difficulties, facing the fate of being forced to sell assets!

  And in recent months, the management of Lehman Brothers has been adjusted frequently. Last week, Lehman Brothers let several international business executives resign.

  This time, Isaacs, who has been the long-term European and Asian business director, is leaving this time!

  Also, Savaret, the chief operating officer of Europe and the Middle East, and Morton, head of the fixed income department, also left.

  This caused Lehman Brothers’ stock price to fall by $1 again, to $13.00.

  Wang Guanxi is also drunk. Why keep falling? Just now, when Lehman Brothers' stock price was at $15.00 per share, he should have been shorted. Now, the price has fallen by $2, so it is not easy to be short.

  Wang Guanxi was also helpless in her heart, so she had to continue to wait.

  At this time, Huang Shaokai asked: "Boss, shall we be free now?"

  The share price of Lehman Brothers may fall sharply tonight. According to this rhythm, it may fall below $10.00 per share.

  Zhang Dexi, Wu Zhanhai, Wang Juehao, and Bai Weiqiang also looked at Wang Guanxi. As long as the BOSS gave an order, they immediately sold Lehman Brothers stock.

  Wang Guanxi wanted to do it, but after a few seconds of contemplation, he decided to wait.

   "Don't worry, keep waiting!"

  "If the stock price reaches $15.00, you can go short!"

   "Yes, BOSS" everyone said in unison.

   Soon, another message came.

  Blackstone Group withdraws from Lehman Brothers asset bidding!

  Although Lehman Brothers itself has not made a final decision on whether to sell its asset management business, there have been two fewer private placements interested in participating in the bidding.

  Blackstone and Carlyle have withdrawn from the bidding.

  There are still three other US private equity fund giants KKR (KohlbergKravisRoberts), Hyman Freeman and Bain Capital, who still want to acquire Lehman Brothers' asset management business including NeubergerBerman (fund management company).

  Lehman Brothers, which was known on Wall Street for its outstanding bond sector several years ago, has to face the advent of an era of inflation.

  In the era of inflation, bonds have lost their former charm in the face of inflation.

  The main reason for Lehman Brothers being at the center of the subprime mortgage storm was the $61 billion mortgage-related securitization products on its balance sheet. This part of the asset has not been completely cleaned up, resulting in the huge asset deduction that cannot be broken.

  Lehman Brothers’ efforts to rebuild the confidence of “everyone” through honesty have been ruthlessly torn apart by the market. For Blackstone, it is not only investment that loses.

  Because Blackstone's spiritual godfather "Steve Schwarzman" is one of the "brothers" of the former Lehman Brothers.

   has special personal feelings for Lehman Brothers, but now in the face of the capital game, Blackstone still has to give up this trading opportunity.

   "It's bad news for the stock price again" Wang Guanxi was also helpless.

  Can't there be a few good news? So that the stock price rose sharply, and then the black shirt insurance company went short!

  I saw that Lehman Brothers' stock continued to fall, and it had fallen to the 12.00 position.

At this moment, Roga Bowers, a vice president of Soros Quantum Fund, New York, USA, came to Soros's office and asked Soros: "Boss, do we continue to increase our holdings of Lehman Brothers stock? "

  Recently, the stock price of Lehman Brothers was very low. The boss had previously increased his holdings by 10 million shares. The purchase price was around US$12.00 per share, at a cost of US$120 million.

  Tonight, Lehman Brothers’ stock price dropped from a high position and dropped to 12.00.

  He thinks he can continue to increase his holdings.

  Soros gently put down a philosophy book, and said gently: "Continue to increase holdings by 50 million shares, and the increase in holdings will end to 60 million shares."

   "Yes, boss!" Roga Powers then went out, intending to start holding Lehman Brothers stock.

  At this time, Soros suddenly came over and ordered: "Temporarily stop the increase in holdings and observe for a while."

   "Yes, boss!" Roga Powers continued to observe.

  And Soros walked to the floor-to-ceiling windows and looked down at the whole of New York. He looked very quiet and peaceful.

  At this moment, a deputy manager of the Asset Management Department of American International Group (AIG) headquarters walked in. His name was Mimoun Burns.

  He was instructed to continue to increase his holdings while Lehman Brothers’ stock price was at a low level.

   Then he commanded: "Increase Lehman Brothers' stock and buy 30 million shares."

  "Yes, Mr. Burns" several traders started to buy.

  The share price of Lehman Brothers is picking up, and soon rushed to the 13.00 position!

   Reached the 14.00 position in 20 minutes!

  After another 20 minutes, we reached the 15.00 position!

"Okay, I stopped increasing my holdings. I don’t need to buy more than 30 million shares. That’s it." Mimoun Burns shook his neck and left. He had other things to buy, and he didn’t have time to bother about it. These things.

  Anyway, Lehman Brothers stock is in a very low position, just buy it, but if the stock price rises too fast, it will not be bought.

  Black Shirt Insurance Company, Wang Guanxi said: "Wait, no hurry"

   "Yes, BOSS"

  So everyone continued to wait.

  The news is here again.

Lehman Brothers Holdings is considering spinning off a new company in a similar way to the "bad bank" model of the 1980s, and may transfer approximately $32 billion worth of commercial mortgage and real estate assets to this new company .

  Lehman will inject approximately US$8 billion in capital into this new company, and the remaining US$24 billion in capital will be lent to the company by Lehman or external investors.

  This option is just one of several options that Lehman is considering to divest approximately 80% of commercial mortgage loans.

  The stock price rose slightly, and soon reached 15.2 US dollars per share, returning to the position Wang Guanxi hoped, but he still has to wait.

   "Don't worry, keep waiting!"

  "It's the BOSS" everyone is very excited, just like drawing a bow to shoot an arrow, the bow is pulled up, but it is lingering and tired.

  But patience is required!

  The news came again soon.

  Lehman Brothers will negotiate with Korea Development Bank on the acquisition of part of Lehman’s equity.

  Nippon Benzene’s largest brokerage firm, Nomura Holdings Group, also plans to obtain part of the equity through joint bidding.

  The stock price continued to rise and soon reached the 15.50 position.

  At the moment Soros Quantum Fund, Soros ordered: "Start to increase your holdings and pull the stock price to $20.00 per share."

   "Yes, the boss" Luojia Powers started buying.

  40,000 shares!

  40,000 shares!

  40,000 shares!

  ··

   Soon the stock price rushed to $16.00 per share.

  Black Shirt Insurance Company, Wang Guanxi shouted: "Go short, 10,000 shares"

  "Yes, BOSS" Huang Shaokai and others operate among them. In the entire president's office, all executive directors, Zhang Dexi and Wu Zhankun also operate.

  10,000 shares!

  10,000 shares!

  ··

  But the stock price is still rising at 17.00!

  Wang Guanxi said, "It's still 10,000 shares!"

   "Yes, BOSS!" So everyone continues to short!

  But Roga Bowers of Soros Quantum Fund is still buying!

  Buy 40,000 shares each time!

  Continuously pull up the stock price!

  Because Lehman Brothers' stock trading volume has not been very high recently, he has risen very smoothly.

   Soon the stock price was pulled to the 18.00 position!

  19.00 location!

  20.00 location!

  ··

  Roga Powers of Soros Quantum Fund has stopped doing long, because the stock price has risen so fast, he has to stop!

  Wang Guanxi’s black shirt insurance company has shorted 12 million shares, but the stock price has risen to 20.00!

   is still very strange, there is a lot of money lost in the account, but it's okay, continue to short!

  Thinking about it, Wang Guanxi said: "Every time I short 1 million shares, the stock price will drop quickly."

   "Yes, BOSS!" Everyone started to smash.

  And those investors who are not optimistic about Lehman Brothers either started shorting when the stock price rose to 20.00, or sold off their Lehman Brothers stock.

  Everyone has sold out!

  The black shirt insurance company smashed 2 million shares out, and the stock price has fallen to 19.00!

  There are more and more selling, and the black shirt insurance company seems to have brought the trend of short selling!

  Wang Guanxi shouted: "Continue to 2 million shares!"

  The stock price continued to fall, and soon fell to the 18.00 position!

  Another 2 million shares!

  ··

  In this way, the stock price fell all the way!

   fell to the 17.00 position!

  Wang Guanxi shouted: "Another 2 million shares!"

  The stock price fell to the 16.00 position!

  ··

  The black shirt insurance company shorted a total of 20 million shares, and the position was opened near the 18.00 position, and temporarily a floating profit of 2 US dollars, 20 million shares, which is a floating profit of 40 million US dollars.

  This time the market, under the leadership of the Black Shirt Insurance Company, blew the horn of bearish offensive in the market!

  And Soros Quantum Fund, Roja Bowles is gloomy and solemn!

  He did not expect that there were so many selling orders in the market, which was completely different from before.

  However, the stock price fell to the 16.00 position, which just made him continue to buy!

  40,000 shares!

  40,000 shares!

  ··

   Soon the stock price rushed to the 17.00 position!

  But met with great resistance, the stock price could not go up, and there were too many selling, so he continued to buy!

  40,000 shares!

  40,000 shares!

  ··

  But the stock price quickly fell to the 16.00 position!

  He has increased his holdings by 50 million shares, and Soros Quantum Fund currently holds a total of 60 million shares!

   is worth 960 million US dollars, and the average position is 16 US dollars per share.

  Completed the instructions of the boss Soros.

   Then he entered Soros’s office, Soros was shorting a country’s bonds.

  "Boss, the increase in holdings has been completed"

   Soros asked: "Has the stock price rushed to the 20.00 position?"

  Roga Powers opened the mouth and said: "I rushed up before, but some people shorted and some people sold, which caused the stock price to fall back. It is currently at $16.00 per share."

  Soros was taken aback, and he was different from what he expected.

   "Well, let's go out, what's the change in Lehman Brothers stock price, please report to me at any time"

   "Yes, the boss" Roja Bowers left Soros' office.

  He just came out, but saw that the stock price has fallen to the 15.00 position, and many people are selling the stock.

  Suddenly put him under pressure.

  At this moment, Wang Guanxi of the black shirt insurance company watched the stock price fall to the 15.00 position, and the account has a floating $60 million. It is really cool.

   So he commanded: "Shang Shui army come on the stage, in the stock market, in the forum, the telegraph stock market broke the news that Lehman Brothers must go bankrupt, no organization will buy Lehman Brothers, let everyone liquidate early."

  "Yes, BOSS" then the executive directors went to make arrangements.

  I also spent money on advertising for this, breaking the news about Lehman Brothers, and several sharp analysis posts are being circulated!

  [The subprime mortgage crisis will get worse and Lehman Brothers will fall]

  [No organization will buy Lehman Brothers, and the government will not take it all down]

  Soon the effect gradually came out. Many retail investors really believed that Lehman Brothers was going to go bankrupt, and everyone sold stocks or entered the market to go short.

  The stock of Lehman Brothers obviously started to fall!

  At 12 o'clock in the evening, it fell to the 12.00 position.

  There are 80 million U.S. dollars floating in the account, and Wang Guanxi is relieved, and go back to sleep!

  But I was a little hungry, so everyone went to eat supper together.

  Soon came to a late-night snack stall that hadn't been proofed yet.

  Everyone is eating roast lamb.

  Eat once and chat again.

  Huang Shaokai asked: "BOSS, will Lehman Brothers really go bankrupt?"

  Wang Guanxi smiled faintly: "Whether it goes bankrupt or not, we can make money by shorting it."

  At this time, a message came out again.

   said that Goldman Sachs used to manipulate Bear Stearns stock price, and now Goldman Sachs Bank is shorting Lehman Brothers.

  Don’t underestimate the power of rumors on Wall Street, especially in such bad years.

  Since this year, rumors have crushed Bear Stearns and severely damaged Lehman Brothers.

  About their own rumors, the two companies always strongly deny it, "it's ridiculous." But when the rumors spread to their main rival, Goldman Sachs, they tend to believe that it is true.

  The hottest news on Wall Street now is that Goldman Sachs manipulated the stock prices of Bear Stearns and Lehman. The news immediately became one of the topics that people in the New York financial community talked about.

  Huang Shaokai asked: “BOSS, did Goldman Sachs really manipulate Bear Stearns’ stock price and cause it to fall?”

   Zhang Dexi said: "Goldman Sachs Bank must have also secretly shorted Lehman Brothers stock this time."

  Wu Zhankun smiled and said: "It must be, in fact, we are also short."

  Wang Guanxi smiled and said: "Big fish eat small fish, the history of Wall Street has always been like this.

  Especially in a year when the market is not good, everyone will push each other down.

  They don’t have any obligation to rescue each other among these investment banks. They tend to fall into trouble.”

  In fact, since the credit crisis broke out last year, Wall Street banks and securities companies have suffered heavy losses.

  Bear Stearns, the fifth-largest investment bank in the United States with a history of 85 years, was taken over by **** in March this year, becoming the largest company to close down in this crisis.

  And the current fourth-largest investment bank Lehman Brothers is going to die, and the stock price has plummeted by 85% from the beginning of the year to now.

  At this time, Wang Juehao opened the Lehman Brothers stock price chart and said excitedly: "BOSS, Lehman Brothers' share price has fallen again"

  Bai Weiqiang also excitedly said: "It has fallen to the 11.00 position."

   Wu Zhankun smiled and said: “Soros Quantum Fund must have increased its holdings tonight, and now it’s losing money.”

  Wang Guanxi smiled faintly: "I will leave the following to you, and keep a close eye on the stock price of Lehman Brothers."

  "Yes, BOSS" everyone is very excited.

  After the supper ended, Wang Guanxi returned home, took a shower, and then rested. Before going to bed, he also glanced at Lehman Brothers’ stock price, which had fallen to the 10.00 position.

  The account of the black shirt insurance company floated up to 160 million U.S. dollars.

  The money came so fast!

  The share price of Lehman Brothers increased after midnight.

  At the moment, Soros Quantum Fund, Roga Bowers has already sweated on his forehead, and increased his holdings by 50 million shares tonight. I did not expect to be a high-ranking man!

**** it!

  The selling is so strong!

  60 million shares, with an average position of 16.00, which cost US$960 million, but now the stock price has fallen to 10.00 yuan per share, which is only worth US$600 million and a loss of US$360 million.

  This is really a bad start!

  Thinking about it, he walked into Soros’ office and said: “Boss, Lehman Brothers’ stock price is very fragile. It has fallen to $10.00 per share and is losing $360 million.”

   "What?" Soros looked surprised. He just made 300 million U.S. dollars in other places today. He did not expect to lose 360 ​​million U.S. dollars on Lehman Brothers.

  Opening the stock price and taking a look, his face suddenly sank.

   "Someone shorts above"

   "Goldman Sachs must be short, but the position is high"

  "Continue to observe" After saying that he continues to focus on his own affairs.

  "Yes, the boss" Roja Bowers hurriedly left the office.

  (End of this chapter)