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Chapter 1221: Andy, who made a fortune (33/64)

While the Treasury and the Federal Reserve are still worried about the rapid disappearance of the market liquidity, they try to match Goldman Sachs, Citigroup, MG Chase, MG Stanley, and United Bank into possible mergers and acquisitions in order to delay or rescue "cash flow"!

Whether it is the White House or Capitol Hill, the vested interests shouting "Defend Goldman Sachs, defend MG Stanley" began to attack everywhere with the help of lobbying groups in order to lobby for the next rescue plan to be successfully introduced.

It was just like this that all kinds of news were flying everywhere, and they were asking each other for information. The future economic future was unclear and in a turbid state. Because they gave up the acquisition of Lehman Brothers, they wanted to cheat the Americans. Then they acquired Lehman's high-quality assets at a bargain price, but in the end they failed to lose money, the Barclays Bank acquisition team had just landed from Washington Dulles International Airport. They were exhausted and didn't even have to take a break, so they contacted Alvetle, hoping that the two sides could meet immediately and discuss and study the acquisition-related matters.

When Andy was in the luxurious conference room of P Hotel with Barclays Bank Robert Diamond, looking at the president in front of him with a national face, slightly frosty temples, a low voice, and a slightly bitter smile, Andy really wanted to sigh to the other party, "Zhou Lang's trick to reconcile the world, he lost his wife and his army."

You should know that the total market value of Lehman Brothers was more than US$33 billion a year ago. Although Lehman's assets in North America were about US$5 billion, the investment banking and capital market businesses in the North American market were also quite considerable at the time.

Andy was able to use US$250 million to cut off this part of his assets, which was a harsh knife in the hearts of many people who were preparing to make a fortune.

In fact, at this stage, there is no leisure to both parties when they meet. Barclays is the more urgent party, which is Andy's price of 800 million US dollars, which is acceptable for Barclays Bank, because even at this price, they have made a profit. Well, they can only comfort themselves like this.

In about two hours, the two parties reached a transaction agreement, which included Lehman Brothers' North American Investment Bank, which included bonds, stock sales, trading business, and related investment business. The number of employees was about 8,000, and the transaction amount was 800 million US dollars. Andy did not make any concessions.

At about 5:00 p.m., Andy and Barclays President Robert Diamond held a press conference in the conference hall of the P hotel. There were hundreds of reporters coming. Although the scene was a little noisy, Andy, who was in a very comfortable mood, would care about these irrelevant things.

Amid the marvelous and envious eyes of many reporters, the signing ceremony was completed and the transaction was officially concluded. As the news spread quickly, the original Lehman employees were imaginable when they saw that they were sold without knowing it. However, no matter who they were, they would not care about their mood. After all, they should burn the incense if they could keep their job in the United States at this time.

Whether it is Wall Street or Washington, looking at this latest news, it has different expressions and complex moods, but it is more of the admiration and envy of ordinary people. I admire Andy's ability to make money. I have no effort and made a net profit of 550 million US dollars in two days.

The American media finally caught the opportunity to mock the British who wanted to take advantage of the situation and take advantage of the situation. In the news, while yelling Andy's shrewdness, he also ridiculed the British's "self-righteous tricks". Lehman went bankrupt, which not only caused their own stocks to plummet, but also was pressed to the ground by Andy Smith and slaughtered him obediently.

As the US economy is in decline, it adds a touch of pleasant mood.

The Barclays Bank people tactfully resolved Andy's invitation to hold a celebration party, but after the press conference, they hurriedly took the people away. Andy expressed his understanding and thought that the other party would not want to stay with him for a minute.

On the way home, Andy received a lot of congratulations, Warren's envy, Goldman Sachs, MG Stanley's request for help, his own woman's admiration, and the worry-torn Paulson's call for help.

"Boss, what's wrong?" After seeing his own **oss hung up Paulson's phone, Al frowned and thoughtful, and couldn't help but ask.

"He hopes that I will fulfill my promise and help him get moral immunity! I am considering whether I should agree to his request." To be honest, Andy didn't want to help him, because that would allow Paulson to help Goldman Sachs officially and freely from now on!

During this rescue, he would not have to worry about being settled by the future. In this way, his courage would become very great.

"Boss, you can promise him that moral immunity is very important to him, but it should be very simple to make it possible for you, which is much easier than the next two-party struggle in Congress.

Besides, even if he can help Goldman Sachs and mg Stanley without worries, it will have no effect on us. You don’t need to target him in this matter. Wall Street has indeed reached the point where blood transfusions must be saved. None of us wants it to collapse, right?”

Hearing Al's advice, Andy nodded slightly, narrowed his eyes and looked at the street scene of Washington outside the car window. Many shops closed early, and there were few pedestrians on the road, and they were all in a hurry.

When he returned home, he was naturally greeted by his mother's praise and happy smile. Auston was also in a very good mood. He was already numb to his ability to make money by his evil son.

After chatting for a while, Andy told Auston about Paulson's call for help. Auston frowned and pondered for a while, and said: "According to the news I received, Paulson submitted a plan to acquire problematic assets to the president. He needed to ask Congress for a grant to purchase housing mortgages in the market that had problems. The amount may be as high as hundreds of billions of dollars. This plan will definitely cause huge controversy among the two parties in Congress, and the opposition can be imagined.

As for moral immunity, it only needs to be issued by the White House legal counsel and the Treasury Department. Naturally, there is no difficulty for him. Now the White House has been stuck, which is what your grandfather means.

Since you promised that the Smith family would help him once, this moral immunity is undoubtedly appropriate and does not require us to spend our energy and can be easily achieved."

"I understand." Andy nodded, then picked up the phone and called his grandfather, Old Smith, and after a few simple conversations, he got to the point and talked about Paulson.

Smith, Old Smith agreed without hesitation, hung up the phone, and Andy complained in his heart that this may not be the result of his grandfather's old fox's purposeful calculation.

The next morning on September 18, an interesting situation appeared "successfully", and the White House legal counsel and the Treasury Department issued exemption documents to Paulson.

Sitting on the boss' chair of the Treasury Office, Paulson looked at the exemption document in his hand with complicated eyes, and couldn't help but smile bitterly. After Lehman Brothers went bankrupt, Paulson realized that he needed greater power to carry out rescue operations, and this power required authorization from the White House and Congress.

He may be able to threaten and command greedy vampires to act according to his command in New York, Wall Street, but once he returns to Washington, he is the commander who needs to deal with and compromise in various political vortexes, and Washington's political reality is frustrating.

Just as Paulson was feeling helpless, the phone on his desk rang again, and he answered it without hesitation, and then it was hard to see his face become more cold and serious.

"You have to solve the problem this weekend." Paulson reminded the other party in a helpless tone.

"Hank, do you think I should sell Morgan Stanley?"

Hearing the other party's somewhat depressed tone, Paulson hesitated for a while, and finally said, "The consequences of the bankruptcy of Morgan Stanley are too serious. John, I believe that if it can be done, you should sell it.

I will ask this question directly with the senior officials of the Celestial Empire at night. If they are interested, as for Mitsubishi UFF Financial Group, seriously, I doubt whether the foot basin man moves fast enough, because the situation of Morgan Stanley is imminent, and I don’t want to encounter situations like being smeared by the British.”
Chapter completed!
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