Who will be the second Bear Stearns?
Stocks of big financial companies, including Goldman Sachs, Merrill Lynch and Morgan Stanley, have suffered brutal losses on Friday despite suffering so much this year.
Investors are clearly shocked by the pace of the deterioration in Bear Stearns, which has exacerbated their nervousness.
"What? I heard you right... " Sitting in the living room of the presidential suite, Paulson looked at his subordinates in disbelief, angry and shocked.
"Yes, minister, you're right. The news that Mg chase is going to buy Bear Stearns for $2 per share has spread."
"How could it be?"
“。。。。。。”
"Where did the news come from? Well, you don't have to say it. I can see by your expression. It's Andy Smith again, right? This bastard, how could he have known so soon? "
"He's Bloomberg's second largest shareholder, and one of the things he's done since he took office is to integrate Bloomberg's news group, where financial news from all over the world will come together..."
"Damn it, I'm going to charge him with manipulating the market, disrupting the economic order, putting him in jail
At first, they didn't pay attention to the roaring minister, but when Paulson took out the phone, his face suddenly changed, and he hurried forward to stop Paulson.
"Minister, it's all speculation. There's no evidence. Once we tear our faces apart, we will be doomed, and he will treat us as enemies..."
Paulson frowned and looked at his chief of staff coldly. "Are you afraid?" he said in a cold voice
The assistant's expression changed slightly, shook his head and said with a wry smile: "to be honest, I was a little afraid. I studied Andy Smith. Maybe he was young and vigorous. He never left a way for his enemies, and he was very patient. If he didn't give a shot, he would certainly make the opponent have no power to fight.
All we have said is speculation. His think-tank is equipped with an elite 10 member lawyer group, which will never leave behind any tricks. However, we can sue him, get him into trouble, and make him unable to cause trouble in a short time.
The result must be nothing, but according to his character, all of us will be remembered by him. Then, he will wait, patiently stare at us, crush us one by one.
I can't guarantee that I'm a saint, minister, who can guarantee that he is flawless. He has become a powerful man. Let's think about the huge wealth and media power on the scalp, as well as the deeply rooted Smith family... "
the aide said, releasing his hand on the phone. He had seen Paulson's expression change, and knew that he had persuaded the angry finance minister.
To be honest, the more he studies Andy Smith, the more he realizes that it's a bug, full of thorns, and has no way to start. He doesn't know what the other side dare to do. It's impossible to estimate where Andy Smith's bottom line lies when he thinks of the free hawk security company that he and his two bodyguards set up and the young people who can't even let go of war money!
He just wants to eat, not be destroyed by humanity, or be ruined...
Thinking of Pilzer, who just lost his fame, and Tom, the former leader of the elephant party, two political stars have been knocked to the ground by him, and they are in a state of eternal doom, but his lethality is frightening!
Paulson slowly put down his mobile phone, shook his head with cold face and sighed, "it's time to make an appointment with Federal Reserve Chairman Ben Bernanke tomorrow, and propose stricter supervision of bank capital!"
The staff did not worry about what happened before, just like they did not talk about Andy Smith before. The topic was skipped directly. Everyone knew that it was idiotic to offend a billionaire who could not be defeated for a unrelated bankrupt company.
"OK. Lehman has called, they have taken more determined action to stabilize their books, and its cash buffer is twice that of Bear Stearns. Lehman also launched a difficult and planned campaign to restore confidence to the shakers. "
Paulson nodded, his body was in the sofa, he shook his head and said with a wry smile: "finally, there is good news. What do you think of Andy Smith's next goal?"
“。。。 My view is very simple. No matter who his next goal is, it doesn't matter. He is an American or the youngest billionaire in the world. His family is deeply rooted. I don't think he will bring down the American economy. He doesn't have that ability. What we really need to pay attention to is here, wall street!
All kinds of capitalists, who usually talk about deregulation and the government itself is a problem, are automatically regulated by the market. No matter what they have said before, I'm afraid they want to come to you and queue up for the government's rescue in the future.
As for Andy Smith, we just need to find out what he wants. Maybe we need his help in the future. After all, his influence and appeal are not inferior to Warren Buffett's.
Although gold futures soared again, he issued a gold sell-off warning not long ago. Many people who believed that he bought gold made a lot of money. This time, he gave a warning, and there was a large sell-off. If there was no Bear Stearns crisis, a large number of funds rushed into the precious metal market in order to avoid risks, maybe the price of gold futures would be suppressed! "Paulson was a little shocked and looked at his staff. "Do you mean that gold is really likely to fall?"
"Greedy as Andy Smith, he is even a bit paranoid about the pursuit of wealth. I don't think he will be joking. After all, he has closed all the gold in his hand, and started to ship at $998 an ounce. Minister, God of fire alvette and his group of think tanks are a group of real industry leaders supported by Andy Smith with high salary Who! "
Paulson said with a wry smile, "I know that the two data analysis experts I want to invite are in it. They can't dig. Andy Smith is so generous..."
。。。。。。
Next day, March 16, weekend.
Various media have reported on Mg Chase's intention to acquire Bear Stearns's ultra-low offer.
****A low price of $1.3 means that Bear Stearns employees, who own nearly a third of the company's assets, will lose billions of dollars together.
Their shock at the beginning has turned into anger and pain, and they are desperate for other buyers to show up and come up with better offers.
Bear Stearns's share price was still as high as $70 a week ago, and it was more than $170 in January 2007. As a result, the acquisition rumors were strongly opposed by many Bear Stearns major shareholders and employees.