The Son of Finance of the Great Age
Chapter 604: chaotic
Chapter 604 Chaos
Soon, news about Merrill Lynch’s liquidity difficulties appeared in the market one after another. Rumors such as the scale of toxic assets reaching tens of billions of dollars, continuous loss of counterparties, and emergency help from the Federal Reserve, etc. In this way, the stock price of Merrill Lynch plummeted by as much as 20% in just one week.
Since last year, Merrill Lynch has experienced huge losses for three consecutive quarters, and the accumulated asset write-downs have approached tens of billions of dollars. Therefore, in the case of market rumors, Merrill Lynch has no way to resist this kind of lethality. No matter how much their management level scolds the sky and the earth, and express their opinions everywhere, it can't stop the decline in the capital market at all.
Just when Merrill Lynch was in a state of desperation, a rumor about Braylock's intention to acquire Lehman Brothers also quietly circulated in the market. Unlike Merrill Lynch, which was all bad news, this obviously good news for Lehman Brothers caused a sensation in the entire market. As a result, the stock price of Lehman Brothers skyrocketed, regaining the $30 mark in one fell swoop.
"What the **** are they going to do?"
In the office on the top floor of Yanjing Huatou Headquarters Building, Gao Dongfang was confused and asked Zhong Shi who was watching the early morning scenery of the capital in front of the floor-to-ceiling windows.
On a bright morning, the sun just jumped out of the eastern skyline, and the golden sunlight brought new vitality to the world. The weather on this day was exceptionally clear. From here, you could see dozens of miles away. The ground was full of densely packed vehicles and crowds. It was another busy day.
"The traffic in Yanjing should be improved!" Zhong Shi didn't answer Gao Dongfang's question immediately, but suddenly said, "In a few years, I'm afraid the congestion will be unbearable."
"Is this something I can take care of?" Gao Dongfang was a little puzzled, but he reacted quickly. The next moment he gave a wry smile, shook his head and replied, "This kind of urban construction should be done by the person in charge of it." Let the engineers and officials fix it. Let's talk about what happened in the United States recently, I really don't understand it."
"How complicated can it be?" Zhong Shi sighed, thinking that if he really cared about it, he would be confused. According to Gao Dongfang's wisdom, he would definitely be able to see the original intention of the Leimen brothers to use this trick at ordinary times, but at present, because it is related to the Because of his position in Huatou, he was so concerned about gains and losses that he didn't have the time to investigate the meaning behind it. "It's nothing more than the Leimen Brothers who want to muddy the water and attract the market's attention."
After deliberately pausing for a moment to let Gao Dongfang digest for a while, Zhong Shi continued: "As for the second question, I don't know the truth yet. But what is certain is that releasing this news at this time is obviously harmful to Leimen Brothers is beneficial. If it is true, then this will be a major consolidation in the industry, and if it is false news, Blalock will definitely not take this advantage. It will be the day when they refute the rumor When the round of hype is over, we will see how the market responds."
Gao Dongfang tilted his head and thought for a long time, but finally he could only nod his head.
"Mr. Zhong, it has been more than a month, and our income is only so small, should we take measures?" After a long silence, Gao Dongfang couldn't sit still, "After the accounting turmoil, the two rooms The stock price has risen slightly, and Zhang Hang's income has obviously exceeded ours."
Speaking of this, Gao Dongfang couldn't hide the sadness on his face, "I'll tell you the truth, I can't eat well, I can't sleep well, and I wake up every morning to find that my hair is falling out in large quantities. Alas, if this matter It's just my personal matter, I can't afford to give up this position, but now this matter is related to the national economy and the people's livelihood, I really can't afford to lose at all."
After Huatou Zhang Hang's team took a stake in Liangfang, the stock price of Liangfang once rose slightly, but soon entered the downward channel again, because foreign funds are simply a drop in the bucket, and cannot change the current plight of Liangfang. . However, compared with the currency funds invested by Gaodongfang, it still has a considerable profit advantage.
"Relax, my friend, it's not time yet." Zhong Shi's expression was calm and unaffected at all, "Isn't there still eleven months left? It's still early. Why, are you worried now? Have we formulated the investment strategy before?"
"Of course not!" Gao Dongfang resolutely denied, "It's just that I'm in a panic right now, and I really don't feel at ease. Recently, various news in the market have come out frequently, and I've become a frightened bird."
"Wait a little longer, things will turn around soon!" At this time, Zhong Shi could only comfort him in this way.
…
"Sure enough, the fox's tail was exposed, and I knew it was her!"
At the same time, in the middle of the night on the east coast of the United States, the lights in Dick Foud's office were still on. Mark Shafier sat face to face with him. What was placed in front of them was yesterday's "Wall Street Journal", with a huge headline Yes: Blaylock interested in acquiring Raymond Brothers.
Seeing Dick Foud with a distraught face, Mark Shafier frowned and thought for a long time, and then said cautiously: "Dick, this does not mean that Irene Cullen leaked this news to the outside world, nor Maybe someone from Blaylock's side broke the news to the Wall Street Journal."
"They?" Dick Foud suddenly slapped the table, "Mark, don't be naive, they didn't mean to buy Raymond Brothers at all, so where did they come from?"
"What?" Mark Shafier was completely dumbfounded, "They have no intention of acquiring us? So, all of this is fabricated?"
Thinking that all of this was just a round, cold sweat poured out of his body uncontrollably, and a large piece of the shirt on the back was unknowingly wet. At this moment, he was very glad that he was not the informer.
Before setting up this bureau, Dick Foud already had several suspects who leaked the secret, and Mark Shafier and Irene Cullen were the two most suspected people. Although the "Wall Street Journal" called the whistleblower "a conscientious employee of Rayman Brothers", in Dick Foud's view, this person is an out-and-out rebel and a traitor. Such a person must be eliminated out of the company. While he carefully set up this situation, he also let the "traitor" unknowingly help the company release an inexplicable benefit, which is simply killing two birds with one stone.
"So what should we do now?"
After realizing it, Mark Shafier was thankful at first, but then his face turned bitter, "Blaylock is not interested in us, we still need to find funds in the market. Dick, you really gave me a big surprise."
"There are even bigger surprises!" Dick Foud replied casually with drooping eyelids, "I will visit a big man in a while, as long as he nods and agrees, we will be able to tide over the difficulties immediately. Even if he No promise, but as long as we are slightly involved with him, the situation we are facing now can be easily resolved."
"Is there still such a character in the market now?" Mark Shafir was stunned, "Who? Has such a great energy?"
"Of course, if Warren doesn't have such energy, who does?" Dick Foud gave Mark Shafier a meaningful look, and said lightly, "Mark, you won't leak this news, will you? ?”
Warren, this is a very common name. But in the capital market, this name only corresponds to one person, a well-known figure, Warren Buffett, the investment master known as the "stock god".
Warren Buffett, CEO of Berkshire Hathaway, this investment master started to use this insurance company for investment business from 1956. By 2006, the average annual growth rate of this company reached 21.46%, with a cumulative growth of 361,156 %, far exceeding any index. And Buffett has become the second richest person on the planet with his extraordinary investment vision and the rate of return far exceeding the market.
If Soros is the myth of hedge funds, then Warren Buffett is the myth of the entire investment community. No matter where in the world it is, as long as it involves investment, no one does not know the name. So when Dick Foud said the name "Warren", Mark Shafier understood it after a little thought.
It must be explained that on February 12, Buffett expressed his willingness to provide reinsurance for US$80 billion of US municipal bonds. Although Berkshire Hathaway has a reinsurance business, and Buffett's statement is in line with normal performance, U.S. municipal bonds still rose sharply because of his statement, and were even raised by rating agencies. It's the celebrity effect.
But so far, except for some public utility bonds, Buffett and his company have not made more moves in this turmoil. And if Dick Fude can really persuade Buffett to invest in Lehman Brothers, not only will their current difficulties be solved, even the future will become brighter.
"No, of course not." Mark Shafier quickly recovered from his fantasy, and replied seriously, "I am not an informer. By the way, Dick, about Irene Cullen, what are you going to do?" How to deal with it?"
"How to deal with it?" Dick Fude frowned. Originally, he planned to fire the matter directly, but now it is troublesome, and Irene Cullen just took office, if she fired rashly, she might be fired again. The excuses of those outsiders making troubles, and the possibility of leaking the company’s internal secrets if left unattended, this put him in a dilemma, “I haven’t figured out what to do yet, but she will definitely be excluded from the company’s core circle outside."
Mark Shafier nodded silently, regretting his talkativeness in his heart. Although there are many factions within the company, Dick Foud and his team are the core of the entire company. Under such circumstances, as long as he cooperates with the other party's work with all his heart, he has the right to ignore other things.
"Also, I want to let the hedge funds know how powerful we are!" Dick Foud loosened the tie around his neck, "I will report to the SEC in the name of the CEO of Raymond Brothers that there is an act of manipulating stock prices in the market, so that these guys Knowing that the price of shorting is not what they can bear!"
Hearing this, Mark Shafier's face suddenly turned white. He was very clear about the meaning behind this move, which was to tear his skin apart completely, and the consequences would be very serious. But now, apart from cracking down on hedge funds, the Leimen Brothers really don't have any good tricks.
Neither Dick Foud nor Mark Shafier would have imagined that what they did today would completely drive the Leimen Brothers to a dead end.
…
Not long after, Blaylock officially issued a statement stating that he had no plans to inject capital or acquire Raymond Brothers. The news shocked the market, and even though it was downright bearish, it also gave Raymond Brothers a chance to breathe. Because at this time, they got another piece of news that the South Korean side has rekindled their interest in them, and this time, senior officials including the Korea Development Bank and Hana Financial will attend the contacts between the two parties.
Naturally, Dick Foud was responsible for this. He spread the news that Buffett may be interested in his company to the South Korean side. After hearing the news that Buffett might be interested in Leimen Brothers, Min Yusheng and his team immediately couldn't sit still. Although Zhong Shi had warned them before, Zhong Shi was only an indirect shareholder after all, so he weighed the left and right Under the circumstances, they decided to contact the Leimen Brothers first.
Negotiations take time, especially with billions of dollars involved. Soon, the time entered July, and at this juncture, Fannie Mae and Freddie Mac, which represent the US real estate market, broke out a major incident, which made the already chaotic market even more chaotic, and the real crisis The high tide also started to come out of the water.
Thanks to book friends Qin Shuhua, 8112268536, Qi Lele Wuxian for voting monthly tickets! It’s the end of the month so soon, friends who still have monthly tickets can vote according to the situation, I’m really sorry to ask~
(end of this chapter)
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