In a luxurious private room.

Wang Guanxi and others were eating Cantonese cuisine while talking about the world's financial situation.

And a lot of things are happening in the world.

[The US government is setting up special institutions to buy bad debts to deal with the crisis]

[Global financial fires affect global commodity futures markets]

[Aig Group is facing a clearance sale, stock god Buffett is willing to pick up cheap]

[Aig Group changes coaches on the front line, Edward Lidi becomes CEO]

U.S. Treasury Secretary Paulson chose his old friend Edward Leedy, 62, to replace Robert Werenstein as CEO of Aig. The number one task will be how to split the world's largest insurance company to repay Aig's huge debt.

After recording huge losses for three consecutive quarters, aig's stock price has fallen by more than 95% this year.

On September 15, on the day Lehman Brothers announced bankruptcy, Aig closed down 61% under crazy suppression of investors, and the company's market value shrank severely. Shortly after the stock market closed that day, the three major credit rating institutions unanimously announced the downgrade of Aig rating.

One day, Aig was on the verge of bankruptcy.

On September 16, the Federal Reserve finally announced a rescue plan: Aig will provide emergency loans from the US government for up to 24 months no more than $85 billion.

In exchange, Aig must accept extremely high lending rates: add 850 basis points to the March libor rate, and give up up to 79.9% of the outstanding shares to the Federal Reserve.

Aig doesn't have much time left for Edward Liddy, and he must sell the company's assets as soon as possible to repay the government's high-interest loans.

Today he announced that he would decide within a few weeks which departments will be sold!

Wang Guanxi is quite looking forward to this. In the future, Aig Group will sell a lot of assets to repay government loans. It will not be paid off all the loans until 12 years, and paid nearly $23 billion in interest. This is a terrible number.

However, Wang Guanxi can buy a lot of assets at a cheap price during the period when Aig Group sells assets, and she is excited to think about it.

[Citibank Group is considering acquiring Washington Mutual Bank]

[The US credit crisis spreads to the money market]

Putnam Investment, a major US fund company, suddenly announced that it decided to liquidate its $12 billion money market fund due to increased redemption pressure from institutional investors.

The money market is mostly used in short-term financial and financial communications, and is usually considered to have stable returns and very low risks.

Purchasing funds that invest in such markets is also considered a good alternative to savings. However, due to the current turbulent financial situation in the United States, investors are unstable in their confidence, and they have cashed out various assets, and the money market has also been affected.

A liquidation of $12 billion means selling.

Moreover, on the 17th, investors in the US money fund market pulled back 89 billion US dollars, and it can be imagined how terrible it is.

[The United States will provide $2 trillion in support for money market funds]

The U.S. Treasury Department and the Federal Reserve respectively announced new measures to support U.S. money market funds with a total amount of about $2 trillion.

Wu Zhanhai couldn't help but say: "Now the subprime mortgage crisis is spreading in the credit market and it is getting worse and worse."

However, global stock markets soared today, Hong Kong stock markets, Lu and Shenzhen stock markets, Japanese benzene stock markets, and European stock markets are all soaring.

Obviously, the stock market benefits brought by global central banks' rescue have made investors and institutions crazy.

Especially financial stocks, bank stocks have risen sharply.

Blackshirt Insurance Company also shorted 5 million shares of American International Group, and Blackshirt invested in banks shorted 120 million shares of Washington Mutual Bank.

The U.S. stock market will open tonight, and it may surge again.

Moreover, Citibank also claims to be considering gaining Washington Mutual Bank, and the current situation is not good for Blackshirt Investment Bank.

So everyone's topic returned to Aig Group and Washington Mutual Bank.

There is no doubt that aig Group's stock price will inevitably skyrocket tonight.

However, the Black Shirt Insurance Company's position is at $388.00 per share, so it is not at all unhappy. The share price of Aig Group can reach $80.00 per share.

But Washington Mutual Bank is different because Citibank is considering acquiring Washington Mutual Bank!

Li Guangyu said with some concern: "Will this Washington Mutual Bank be acquired at a premium by Citibank?"

Blackshirt Investment Bank shorted 120 million shares of Washington Mutual Bank, with an average position building around 3.00.

The share price of Washington Mutual Bank will definitely soar again tonight, and maybe it will reach $3.00 per share. If it is acquired, will it be a premium acquisition?

If it is really a premium acquisition, Black-shirt investment bank may suffer huge losses or even lose its position!

Wu Hongsheng also said: "This Citibank Group is not going to be too late to consider acquiring Washington Mutual Bank, but at this time, he said that he is simply a bastard."

Now that so many news that is good for the stock market is coming, the US government will increase its rescue, and financial stocks and bank stocks will surge. Citibank Group is now saying that it is considering acquiring Washington Mutual Bank, which will inevitably lead to the share price of Washington Mutual Bank from $2.50 to $3.00 per share, which is absolutely possible.

Lu Jianyan also said: "If Citibank Group releases this, the stock price of Washington Mutual Bank will soar, which will definitely make Hong Tianwen, who has established a financial group, and Sandep Batra of the Indian Industrial Trust Investment Bank, show off."

Blackshirt Investment Bank asked the Financial Group to borrow 120 million shares of Washington Mutual Bank to short Washington Mutual Bank, while Indian Industrial Trust Investment Bank came to block Blackshirt Investment Bank.

The share price of Washington Mutual Bank soared this time, and Citibank Group's consideration of acquiring Washington Mutual Bank, did it really excited Hong Tianwen and Sandep Batra?

Guan Zhenyi said with some regret: "Let Hong Tianwen and Sandep Batra get lucky again. I don't think Citibank will acquire Washington Mutual Bank."

After all, there were many buyers from Lehman Brothers who came to bid for it before, but it ended up leaving nothing. Obviously, the same was true for Washington Mutual Bank this time. The final result must be that negotiations broke down. Washington Mutual Bank, like Lehman Brothers, went bankrupt.

Lin Jiyang smiled wickedly and said, "I think it's the case, too. Citibank Group is just thinking about it, and it doesn't mention acquisition. If many people enter the market to buy at the bottom, then they will say they won't acquire it, which will be fun. Hehe, this is how Lehman Brothers played before."

This was the case with Lehman Brothers before. It was said that it was acquired many times, and it was said that many large institutions were acquiring Lehman Brothers, including Buffett's Berkshire Hathaway, Korea Industrial Bank, Bank of America, Barreck Bank of the United Kingdom, and HSBC. In the end, the negotiations broke down and Lehman Brothers went bankrupt.

Wang Guanxi smiled and said, "Don't worry, Hong Tianwen, Sandep Batra will not be proud of it for long."

This Washington Mutual Bank must be as bankrupt as Lehman Brothers. If you have a financial group, Indian Industrial Trust and Investment Bank will be destined to lose all your money.

However, the stock price of Washington Mutual Bank will definitely soar tonight. It is possible that the Indian Industrial Trust Investment Bank will take the opportunity to close the position. Of course, these greedy Indians are likely to not close the position, waiting for Washington Mutual Bank to be acquired at a premium.

In order to paralyze these Indians, Wang Guanxi said: "After the US stock market opens, you will release the news and say that our Blackshirt Investment Bank is afraid that Washington Mutual Bank will be acquired by Citibank at a premium and is planning to clear the position and face huge losses!"

Of course, there is no need for Blackshirt Investment Bank to do this, but the reason for this is to better paralyze Indians, make these greedy Indians excited and excited, expect Blackshirt Investment Bank to explode, and look forward to Citibank Group's acquisition of Washington Mutual Bank at a premium and then make a big profit.

"Yes, boss." Wu Zhanhai and others went to prepare immediately.

It passed by in a flash.

All kinds of good news have appeared.

[The US government plans to purchase bad debts of financial institutions, and will use $500 billion]

[The US government is deploying the largest market rescue measure ever]

To prevent the Wall Street financial crisis from worsening, the US government is deploying the largest market rescue measure ever to deal with the non-performing assets of financial institutions. The plan involves a number of measures, including the establishment of an official trust institution and the purchase of bad mortgages from financial institutions, which is estimated to require $500 billion.

In addition to dealing with bad debts, the US Treasury Department announced that it will establish a temporary guarantee plan for money market funds with a total amount of about $2 trillion, and will begin underwriting funds participating in the program next year.

National Broadcasting and Cable Television Corporation (BC): The largest part of the plan is to improve their balance sheets by issuing bonds, purchasing mortgages and related tools issued by Wall Street financial institutions. This part of the plan requires Congressional approval, and the government will hold these mortgages until the expiration of the term.

US Treasury Secretary Paulson: I firmly believe that this bold method costs Americans far less money than allowing financial institutions to go bankrupt one after another and the credit market is frozen, and it is unable to support economic development.

The Federal Reserve: It will expand its emergency loan program to fund commercial banks to purchase asset notes from money market funds to alleviate insufficient liquidity.

···

What's wrong?

The stock market opened, and the US stock market soared across the board!

The U.S. government's actions effectively restored investors' confidence in the market, and the funds circulating outside returned to the stock market, and the trading volume on the New York Stock Exchange reached a record high, more than twice the usual ones.

In addition, the U.S. government's measures to resolve the banking crisis have also brought investors back to the futures market, with New York crude oil futures rising nearly $7 on the day, to its highest level in a week.

The three major New York stock indexes soared for the second consecutive day!

The Dow Jones Index soared nearly 1,000 points from its low in the previous trading day!

As of the close, the Dow Jones Industrial Average rose 368.75 points to close at 11,388.44 points, an increase of 3.35%. The Dow Jones Industrial Average fell 0.3% this week.

A total of 25 stocks in the 30 Dow Jones Industrial Average stocks rose. Aig rose 43.1%, reaching $85 per stock.

It is reported that the majority shareholder of aig is seeking to repay federal government loans to prevent the government from controlling 80% of aig.

Citigroup rose 24.0%, while Bank of America rose 22.6%.

The share price of Washington Mutual Bank soared, from $2.5 per share to $3 per share.

Goldman Sachs rose 20.2%, while Morgan Stanley rose 20.7%.

General Motors (GM) rose 31.7%, and the company's gmac division also owns mortgage assets.

The S&P 500 stock index rose 48 points and closed at 1,255 points, an increase of 4.03%.

The S&P index's two-day gains hit the highest since the U.S. stock market crash in 1987.

The Nasdaq Composite Index rose 74.80 points to close at 2273.90 points, an increase of 3.40%.

Major European stock markets also rose on the same day.

The Financial Times 100 stock average price index rose 8.84% to close at 5311.3 points.

The Frankfurt stock market dax index rose 5.56% to close at 6189.53 points.

The Paris stock market cac40 index rose 9.27% ​​to close at 4324.87 points.

··

Indian Industrial Investment Investment Bank: Short sellers are in panic buying and are willing to pay any price to cover.
To be continued...