Hearing Yang Jing talk about this John Paulson, Henry also laughed.Henry is also almost seventy years old this year, but his body, like old Mike, deserves to be described as "old and strong".And people like them, the older they get, the more demonic they are, especially the analysis of market trends, which is even more amazing.If Yang Jing hadn't come from the future, he would definitely have thrown himself into the ground now with the admiration of this kind of old monster-level investment master."
Yes, with this little Paulson in front of us, the old Paulson's eyes won't pay much attention to us, and we can be much more relaxed.Boss, I think when this wave of market is completely over, you can give this little Paulson a medal" Several people laughed.Paulson Jr. is naturally the younger John Paulson, who was born in 1955, is nearly twenty years younger than Henry, and Henry can naturally call him Paulson Jr.As for Paulson Sr., it was naturally Henry Paulson, who had just become US Treasury Secretary.Henry Paulson was also more than ten years younger than Henry, but nine years older than John Paulson, so he was called Paulson Sr. by Henry.One is the former chairman and CEO of Goldman Sachs, who just became the US Treasury Secretary last year and is now anxious about the subprime mortgage crisis, and the other is Paulson Jr., who took advantage of the subprime mortgage crisis to make a fortune.During his tenure as chairman of Goldman Sachs, Paulson Sr. made Goldman Sachs a well-deserved leader on Wall Street in the early 20th century, but when he became the US Treasury Secretary, he was overwhelmed by the sudden subprime mortgage crisis, but he was unable to do anything about this loan crisis.So, naturally, Paulson Sr. wanted to kill the chickens and monkeys.It's just that although this little Paulson is making a fortune, there is no illegal operation, which is the legitimate benefit of others, even the old Paulson has no choice.David also smiled: "I heard that Henry Paulson invited John Paulson to talk a few days ago, but there was no result at all, obviously our treasurer has nothing to do with John Paulson." ”Henry nodded, "So, our rich man is obviously looking for another chicken to kill."
The subprime mortgage crisis was actually caused by the insatiable gang of Wall Street guys, and Paulson Sr. was also credited with it, and before he became Treasury secretary, their Goldman Sachs did not make waves in the real estate market.Now that he is the finance minister, he doesn't admit the account anymore, and he wants to put the pot on someone else's head, which is not authentic. ”Cesar said coldly on the side: "Is there any other high-ranking official in the Federation who wants to have a face?"
”"Haha, this is called not being face-to-face, let's see who can win the final victory!"
Yang Jing shook his head and said: "In this subprime mortgage crisis, there will be no winner, if there is, it is that we still have that John Paulson." ”Several people gave Yang Jing a thumbs up, which was too uplifting!
David asked a little worriedly: "Boss, now Henry Paulson is like a mad dog, trying to find the object of Liwei, do you think he will find our heads?"
”Because the subprime mortgage crisis was caused by the real estate market, not speculation in the stock market, the SEC has no authority to investigate these investment institutions, but the U.S.
Treasury Department can investigate them, especially when the new Treasury Secretary first took office.Maybe the Treasury secretary's throne has not yet been secured, and Bush Jr. will kick it open.Of course, George W.
Bush has a reason to be angry, I asked you old Paulson to be my Treasury Secretary, because I took a fancy to your ability to call the wind and rain on Wall Street back then, but you are good, you became my Treasury Secretary, but you didn't take any credit, and it brought me a subprime mortgage crisis.In fact, Paulson Sr. did not sit firmly in the position of secretary of the treasury, and as soon as O'Black Carbon came up, he immediately fired him, of which the subprime mortgage crisis was the main reason for his dismissal.Yang Jing shook his head and said, "Old Paulson can't find what we have."
Not to mention that our funds are scattered all over the world, and Paulson Sr. has no way to find out, and a small Paulson can attract half of Paulson's attention.In addition, Paulson Sr. knows very well that the main intention of causing this subprime mortgage crisis is the greedy investment institutions on Wall Street, so even if he wants to establish his authority, I think he will use a large investment bank on Wall Street to establish his authority. ”Henry and the three of them thought for a while when they heard this, and then Cesar asked, "Boss, could it be that old Paulson would pitch at the size of Bear Stearns or Merrill Lynch?"
”Yang Jing smiled, "Who can say for sure about this?"
Anyway, if I were Paulson Sr., I would definitely use a large investment bank with enough weight to stand on my own.One of them was for Liwei, and the other was for Mr.
Bush Jr. to see.The subprime mortgage crisis is inevitable, and the global financial crisis caused by the subprime mortgage crisis is inevitable, and no one can save the current situation, not even Paulson Sr.However, he can take one of the originators of the subprime mortgage crisis as a prestige.Look, the subprime mortgage crisis was caused by these guys, and I'm going to punish them!
”David asked curiously, "Boss, what do you think Paulson Sr. will do?"
”"What will you do?
It's not that simple!
One is to be merged, and the other is to go bankrupt directly!
Failure to do so is not enough to establish authority and anger among the people. ”Yang Jing said expressionlessly."
Boss, who do you think Paulson Sr. will do to him?
Goldman?
Citi?
Or Morgan Stanley?
”David on the side asked curiously.Yang Jing shook his head and said: "Goldman Sachs should be impossible, after all, Paulson Sachs came out of Goldman Sachs, although Goldman Sachs has contributed a lot to the subprime mortgage crisis, but I don't think Paulson Sachs will make a move against Goldman Sachs." ”After a pause, Yang Jing continued: "As for Citigroup and Morgan, even if Old Paulson wanted to do something to them, he didn't have the guts.Neither Citi nor Morgan could move Paulson Sr., he didn't have that energy. ”It's not that Yang Jing said this nonsense, whether it's Citi or Morgan, let alone Paulson Sr., even if Bush Jr. and Bush Sr. stack up, they don't dare to move!
Are you really joking that the top 10 conglomerates in the United States are joking?
Especially the deep-rooted old consortium like Morgan and Citigroup, not to mention you as a small treasurer, even if it is the president of the United States, they can be easily replaced!
Whoever dares to do anything to Citi and Morgan is simply a mouse to be a companion for a cat!
Henry nodded, "What the boss said makes a lot of sense.Boss, then old Paulson can only shoot against those who have no roots?
”"It should be!
I guess Merrill Lynch and Lehman Brothers could be the targets of Paulson Sr. ”Cesar asked puzzledly, "Boss, can't a New Century Financial Company satisfy old Paulson?"
After all, it's the second-largest subprime mortgage company in the United States. ”Yang Jing shook his head and said: "A mere New Century Financial Company is not enough, and Old Paulson will inevitably win an investment bank with enough weight." ”Several people were a little silent after hearing this."
This is actually reflected in Bear Stearns."
Yang Jing looked at a few subordinates who did not speak and continued to explain, "Bear Stearns itself is the fifth largest investment bank in the United States, but in March this year, this investment bank with a scale of more than 100 billion US dollars was acquired for 23.6 billion US dollars, which is not without the results of the old Paulson Liwei!"
”Henry: They were horrified.Although the scale of the New Century Financial Company, which collapsed last year, is not small, there is still a huge gap compared with Bear Stearns.However, Bear Stearns, a 100-billion-dollar investment bank, was acquired at a price of $2 per share, totaling $23.6 billion.You know, a month before Bear Stearns was acquired, Bear Stearns' stock price was still more than $90 shares!
But such a strange thing happened, and the Treasury didn't even care, and it was said that there was no instruction from Paulson Sr., who the hell believed it.Henry nodded and said: "What the boss said makes sense, and now there are Merrill Lynch and Lehman Brothers, it depends on which of these two investment banks is faster."
But I'm more bullish on Merrill Lynch, as for Lehman Brothers," Henry shook his head and didn't speak again.Cesar also nodded: "Now that Merrill Lynch and Bank of America are in a hot fight, I think Merrill Lynch is very likely to sell himself to Bank of America and avoid the tragic fate of Bear Stearns."
As for Lehman Brothers, I'm afraid there really isn't a takeover. ”Cesar's guess was actually very accurate, others didn't know these things, but Yang Jing, who shuttled back from the future, was very clear about everything that happened at this critical juncture.When the subprime mortgage crisis broke out at its climax, Merrill Lynch took the initiative decisively, even if he sold himself cheaply, but he still kept Merrill Lynch's signboard.If nothing else, Merrill Lynch will strike a deal with Bank of America a month later to sell itself to Bank of America for a third of Merrill Lynch's market capitalization, or $44 billion, a year ago.Lehman Brothers, the world's No. 1 investment bank at the time, eventually went bankrupt because no one took over.Between Merrill Lynch and Lehman Brothers, it was Merrill Lynch who had the last laugh, while Lehman Brothers, which had a century-old history, ended in bankruptcy and bankruptcy.Lehman Brothers was really the unluckiest investment bank that was brought to Liwei by Paulson Sr.Although Merrill Lynch has not yet been acquired by Bank of America, and Lehman Brothers has not gone bankrupt, Yang Jing knows all this.ps: Bow and thank "Book Friends 160522142809662" for the 100 tip.