Chapter 1832

After the news of the collapse of the Lehman Brothers, the stock market of the United States fell even more sharply.

Before Leiman brothers bank applied for bankruptcy protection, this does not mean that Leiman brothers bank must go bankrupt. Many enterprises applying for bankruptcy protection have completed reorganization or found new investors within the protection period, so they have not really gone bankrupt.

But the Lehman Brothers are different. Although they are also trying to restructure, unfortunately, there are no new investors at all. Both Barclays and Bank of America have expressed interest in Lehman Brothers, but when the talks began, they found that it was not worth investing at all.

With too much debt and too few high-quality assets, they don't see the possibility of turning losses into profits in the short term, or even three or four years.

In three or four years, such a large investment is needed, and the risk is too high. And it also spans the two political axes of the United States. Will the next president continue to carry out the policy promised by the tenth Party Congress of the Communist Party of China?

There's no guarantee that they'll have to give up a lot of cash, especially if they don't have enough.

At first, the shareholders of Leiman brothers bank thought that the U.S. political axe would help them take over.

Like Bear Stearns, or even Fannie and Freddie, the U.S. government has taken over the axe. Why can't their Leiman brothers bank?

But to the great disappointment of investors, the U.S. government didn't really care about the company's survival and watched the once brilliant investment bank go bankrupt.

One reason is that the American political axe really has no money, and they can't bear more pressure. They are also reluctant to let one Wall Street investment bank after another transfer the operational risk to the US political axe.

Save Bear Stearns, let the U.S. government ax find many problems. If we save Reiman brothers bank, then other investment banks applying for bankruptcy protection, do they want to manage it?

If we all take over, the axe will go bankrupt!

This morning, there was a very interesting scene at the gate of Leiman brothers bank, that is, it's not working time yet tomorrow, but many people rushed into the building.

They are different from the usual. Maybe they are carrying briefcases, laptops and so on. This time, many of them are carrying suitcases with a pull rod, even bigger than one.

Other people not only take suitcases, but also empty backpacks, paper boxes and so on. What are they doing? Carrying things.

The company has gone bankrupt. Many of them have not settled their salaries yet. And after bankruptcy, they have to leave the office. Everyone's office, more or less, has some personal things of their own.

All important documents of the company have been taken away, even the computers recording important information have been taken away. But there are many valuable things in the company, such as printers and so on.

These people have lost their jobs. From this day on, they will no longer get a cent of their salary from the Reiman brothers bank, or even the salary they owed them before.

Many people's depression can be written on their faces, even some with anger.

But when they leave the company, everyone's suitcase is full of things. Even if they can take an extra pen at this time, they can exchange money.

And these illegal actions, even no one cares.

At one time, Leiman brothers bank was very well paid, and many managers were also middle-class. But like many middle-class people, they want to live a rich life, retire earlier and enjoy life.

They are all managers. Naturally, they will also make some investments in their own financial products, which is a good choice.

But when the company goes bankrupt, these investments are really gone. The bonds in the hands of many of them have become a piece of waste paper. What's more, many of the bonds are purchased above their own value.

And the company's shares they hold have cost many lives. Some people even cry when they leave the company.

They have lost hope in life, even some people feel desperate. They have to support their wives and children, repay their loans, and spend a lot of money on living. This is not a simple way for them to save money.

Ming Ming took over Bear Stearns, Fannie and Freddie, and even helped the Bank of America to buy Merrill Lynch, helping so many companies to get through the difficulties. Why did they give up when they arrived at Leiman brothers bank?

Therefore, many people hold a grudge against the chief financial officer of the United States, and against the small cloth ten. They think that it is their differential treatment that leads to their today.

In this period of time, these bank managers are very difficult to find jobs. So many banks are laying off workers on a large scale.

And they are different from those who have been laid off. There is a lot of compensation for those who have been laid off, but they haven't even paid their salaries!

The U.S. financial dream of Wall Street is broken, as are those who are unemployed and many who have invested in these businesses.Whether it's investing in stocks of these companies, buying bonds, or other financial products, it's basically losing money.

These investment banks and fund companies with excellent innovation ability are all trapped in the mire and unable to extricate themselves. Instead, the most traditional fund companies began to take the opportunity to make more profits.

For example, many fund companies invest in stocks, gold, oil and other energy, etc. Although these companies have lost a lot in the fluctuations of the financial market, their timely reverse operation can not only stop losses, but also make money.

This is also the reason why the ranking of fund companies in the United States and even in the world has changed a lot after the previous year. The right ones have grown, some have lost a lot, some have gone bankrupt directly!

As the official bankruptcy liquidation of Leiman brothers began, the stock market of the United States began to fall even more crazily. The U.S. will no longer have any investment banks. Wall Street is over. That's all in the media.

However, Lei Man brothers bank was abandoned by the US government axe, and Feng Yu's comments that the US government axe had no money to promote some time ago caused panic in the US stock market.

A lot of people began to sell stocks, no matter how low the price, as long as they could sell them. I didn't see so many listed companies go bankrupt and go into liquidation suddenly. At this time, the creditor's rights take priority, and their shares are simply worthless.

Even many people say that if they can sell their stocks now, they will earn money.

At this time, many fund companies also began to short the stock market of the United States. Whether the stock market crashes or not, they can make profits, which is the king.

When the U.S. stock market experienced a precipitous fall and couldn't stop it, the head of the U.S. Securities Regulatory Commission, Christopher Cox, appeared.

……