Chapter 1832: Cliff fall

The Leiman Brothers Bank went bankrupt. After the news appeared, the stock market in the country fell even more.
Before the Leiman Brothers Bank filed for bankruptcy protection, this does not mean that the Leiman Brothers Bank must go bankrupt. Many companies that filed for bankruptcy protection have completed restructuring during the period of protection, or have found new investors, so that there is no real bankruptcy.
But the Raymond Brothers Bank is different. Although they are also trying to restructure, it is a pity that there are no new investors at all. Both Barclays and the Bank of the United States have expressed interest in the Leiman Brothers Bank, but when the negotiations began, they found that they were not worth investing at all.
There are too many debts and too few high-quality assets. They don't see the possibility of turning losses into profits in the short term, and may not be able to reverse them in three or four years.
In three or four years, such a large investment is needed, and the risk is too high. Moreover, it also spans the time of the two-year political axe of the country, and the policy promised by Xiaobu 10, will the next general system continue to be implemented?
All of this is not guaranteed, and they need to get a lot of cash, especially if they don't have enough cash.
The shareholders of the original Leiman Brothers Bank also thought that the country’s political axe would help and take over the past.
Like Bear Stearns, or even the two-room group, the rice country’s political axe is not taking over, how can they not be the Leiman Brothers Bank?
But what disappoints investors is that the country’s political axe really does not care about the company’s life and death, and watched the once glorious investment bank go bankrupt.
One is because the country’s political axe really has no money, and they can’t afford more pressure. They are also reluctant to let one and another Wall Street investment banks transfer their business risks to the national axe.
To save Bear Stearns, the US government has found many problems. If you save the Raymond Brothers Bank, then other investment banks that file for bankruptcy protection, do they care?
If they take over, the country’s political axe can go bankrupt!
At the door of the Leiman Brothers Bank this morning, there was a very interesting scene, that is, it was not yet time to go to work, but many people poured into the building.
They are different from usual. As usual, they may have a briefcase, a laptop or something, and this time, many of them have a suitcase with a lever, even one bigger than one.
Others not only carry suitcases, but also carry empty backpacks, paper boxes or something, what are they doing, and moving things.
The company went bankrupt, and many of their wages have not yet been settled. And after the bankruptcy, they will leave the office, and everyone's office has more or less of their own personal things.
All important documents of the company have been taken away, and even computers that record important information have been taken away. But there are many valuable things in the company, such as printers.
These people are unemployed. From this day, they will no longer be able to receive a penny of salary from the Leiman Brothers Bank. Even before they owe their salary, they will not get it.
Many people's frustration can be written on the face, and even some people still have anger on their faces.
However, when they left the company, everyone's suitcases were filled with things. Even if they could get a pen more, they would be able to exchange money for them.
And these illegal actions, even no one at all.
The former Leiman Brothers Bank was very well treated, and many managers were also middle class. But they also like many middle-class people, want to live a rich life, want to retire early, can enjoy life.
They are all managers, and naturally they will make some investments and invest in their own financial products, which is a good choice.
But when the company went bankrupt, their investment was really gone. The bonds in the hands of many of them were turned into waste paper at this time, not to mention that many bonds themselves were purchased above their own value.
And the stocks of the companies they hold also make many people lose their money. Even when some people walked out of the company, they began to cry.
They lost hope for life, and some even felt desperate. They have to raise their wives and children, have to repay their loans, and have a lot of living expenses. This is not something they can save by simply saving money.
Ming Mingzheng took over Bear Stearns, the two-room group, and even promoted the acquisition of Merrill Lynch by the Bank of America, which helped so many companies to tide over the difficulties. Why did they leave their Ray Man Brothers Bank?
Many people therefore hate the financial patriarch of the country, and hate to be on the cloth, and think that they are treated differently, which leads to their present day.
During this time period, 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, and there is still a lot of compensation for the layoffs. They didn’t even pay the salary!
The financial dream of the Wall of America on the Wall Street has broken down, as are the unemployed people and the many people who have invested in these businesses.
Whether it is investing in the stocks of these companies, buying bonds, or other financial products, they are basically losing money.
These investment banks and fund companies with excellent innovation capabilities are all in a quagmire and are hard to extricate themselves. Instead, the most traditional fund companies began to take the opportunity to make more profits.
For example, many fund companies specialize in investing in stocks, many fund companies specialize in investing in gold, as well as investing in oil and other energy sources. These companies have lost a lot in the volatility of financial markets, but they operate in reverse. Not only can you stop the loss, but you can also make money.
This is also the reason why the rankings of fund companies in the country and even the world have changed a lot since the previous year. If you choose the right ones, you will grow up, choose the wrong ones, some lose a lot of money, and some will go bankrupt directly. Liquidation!
At the beginning of the official bankruptcy and liquidation of the Leiman Brothers, the stock market in the country began to fall more madly. The country will no longer have any investment bank, and Wall Street is finished. Such remarks are full of media.
The Leiman Brothers Bank was abandoned by the country’s political axe, and the remarks that Feng Yu’s propaganda of the country’s political axe had no money in the past period caused the panic of the US stock market.
Many people are starting to sell stocks insanely, no matter how low the price, as long as they can sell. I didn’t see so many listed companies suddenly went bankrupt and liquidated. At this time, the creditor’s rights took precedence, and their stocks simply became waste paper, which was worthless.
Even many people say that as long as they can sell the stock, it is earned.
At this time, many fund companies have also begun to sell short of the US stock market, they can be profitable in the hands of the stock market, it is king.
When the stock market of the country of the country experienced a cliff-like fall, and when it was time to stop, the head of the State Council of China, Christopher Cox, appeared.
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