Chapter 397: Cut leeks in America

Lao Bai sold the shares of his gray matter company to Gretchen and Elliott for 5,000 US dollars. Now, the market value of the gray matter company has reached 2 billion US dollars, and Lao Bai has missed hundreds of millions of dollars in revenue every time. Seeing the name of the gray matter company, or hearing five thousand dollars, he would give birth to a strong unwillingness.
"Good luck!" Lao Bai raised his glass and touched Shen Long again, but he didn't know why. The old wine had become bitter today. Lao Bai was hurt by the words 5,000 dollars. , Did not sit back long before going home.
Shen Long also turned to leave, rested at the hotel for one night, and drove along the famous Route 66 westward to Arizona next morning. Albuquerque had flights to various parts of the United States, but since the time was not so tight Shen Long does not mind using this opportunity to tour the scenery of the United States.
Across the vast expanse of arid grasslands, into the colorful hills of Arizona, north at the junction of Arizona and California, into the familiar and unfamiliar state of Nevada, but this is its base in the world of "The Godfather", only today and then It's very different.
Coming to Las Vegas, a fan of paper fans, Shen Long collected a little information, went to the casino to win a little money, and then signed up for a high bonus Texas Hold'em poker tournament. The first place in this game will receive a thousand The 10,000-dollar prize is technically not difficult to win at 10 million dollars in the casino, but it will cause some unnecessary trouble. There is no such problem in participating in the competition. Anyway, it is not the casino money.
After paying a 10,000 US dollars registration fee to enter the game, after a long battle, Shen Long defeated many legendary big sharks, and easily got this 10 million US dollars bonus and got enough start-up funds.
However, it may not be a problem to acquire a small company with this 10 million US dollars, but there may be a little distance to help Lao Bai realize his wishes, so Shen Long took a flight to New York.
Wall Street is now stormy. The subprime mortgage crisis that broke out last year swept through major financial markets such as the United States, the European Union, and Japan, causing those big giants to suffer heavy losses. Until now, the subprime mortgage crisis has not only eased, but there is also an intensifying trend. Wailing.
Merrill Lynch ’s net loss in the first quarter reached US $ 19.6 billion, and Citigroup ’s net loss in the first quarter was US $ 51.1 billion. The International Monetary Fund said that as of now, global losses due to the subprime mortgage crisis have exceeded US $ 1 trillion.
However, this is still not the point, there are still bigger bombs that did not detonate, but no matter what market environment, someone can make money from it, how terrible the financial crisis of 1929, Wall Street giant Livermore can earn by shorting One hundred million dollars, and this time Shen Long intends to play the role of Livermore to cut the American chives.
Looking for a reputable securities company to let them open an account for themselves and provide leverage and traders, Shen Long personally sat in the trading room and announced his goal, "From now on, I will be short Lehman's stock."
With a history of 158 years, Lehman Brothers is one of the top behemoths in the financial market. It was once ranked fourth in the US investment bank. Up to now, Lehman Brothers has assets of $ 69 billion. Although its performance has been declining in recent years It was affected by the subprime mortgage crisis, but who would have thought that this behemoth would fall down?
The representative of the securities company tried to persuade Shen Long. Now that the market is in depression and there are better short targets, why should we target Lehman Brothers? If such a behemoth goes wrong, both the US Treasury and the Federal Reserve will come out to save it.
However, Shen Long knew that instead of saving Lehman Brothers, the US Treasury and the Federal Reserve invested funds in Bear Stearns. In the end, Lehman Brothers had to apply for bankruptcy protection. US stocks ushered in a single day after 911 The maximum number of points and decline.
Under Shen Long ’s insistence, the trader did it according to his requirements. Not long after, Lehman Brothers fired two executives, and then announced that the estimated loss in the second quarter of this year was about 2.8 billion US dollars. The day of the announcement, Stimulated by multiple adverse news, Lehman Brothers stock fell 442 to close at $ 2270.
By the end of June, Lehman Brothers' stock price had fallen to $ 1981, a decline of up to 11. So far, the company's stock price has fallen to its lowest point since May 2000.
All investors holding Lehman Brothers stocks cried and wept, but Shen Long made a lot of money and cut a wave of American chives.
Then he decisively chose to quit. Although it will take a few days, Lehman Brothers stock will drop to $ 1449, but now everyone is desperate for Lehman Brothers. I am afraid that I will not find anyone who is willing to take the market.
Moreover, Shen Long ’s mission is not to become the world ’s richest man. The current income is basically enough to meet the needs of the mission. Besides, the old white lung cancer can not be delayed. He has to return to Abu Quecchi earlier.
"Mr. Shen, don't you wait any longer? If you wait any longer, your income will definitely be higher!" The people of the previous securities company also persuaded Shen Long not to short Lehman, and now he began to persuade him to continue.
"No ~ EbookFREE.me ~ I entered the stock market just to raise funds. Now that I have raised enough money, why should I continue to take risks?" Shen Long refused firmly.
Securities companies can only bear the distress and let him leave. Now the stock market is bleak. Customers like him who can make money are scarce. It is even less to earn so much, and it is their loss to let go.
However, compared with the real predators, Shen Long earned nothing. In this subprime mortgage crisis, more than a dozen hedge funds that sold short-term subordinated loans have earned tens of billions of dollars. Among them, Paulson earned US $ 24 billion for his hedge fund, and he also earned US $ 4 billion.
They provided Shen Long with a good cover, allowing Shen Long to avoid the flash and return to Albuquerque with a relaxed mood. After getting off the plane and looking at the familiar city, Shen Long showed a smile.
When he left here more than two months ago, he only had five thousand dollars robbed from drug dealers. Now, he already has hundreds of millions of assets. Sure enough, compared with robbery, he still cuts leek on the stock market to make money Quick.
So, it is time to start thinking about buying a company, but I am not familiar with Albuquerque. Who should I buy?