JPMorgan Chase didn't know that they were now gradually entrusting Jesse Raylen with the task.
What a hatred he had for them in his heart.
Yesterday's report from Jesse Rayren was indeed the last straw that touched them.
The Morgan family, in fact, has been observing the dynamics of the Eagle Sauce Central Bank~.
Through various reasons, coupled with this report, they finally made up their minds.
Stand in line, stand eagle sauce central bank will not save Lehman - brothers!
Therefore, in the past few days, JPMorgan Chase has begun to withdraw collateral in large quantities.
Lehman Brothers was naturally unwilling, they were not comfortable in the first place, and now JPMorgan Chase has to withdraw their last guarantee.
Then you might as well kill them!
But where is JPMorgan Chase easy to mess with, as its main clearing bank, if JPMorgan Chase cuts off their liquidation services, I am afraid that Lehman Brothers will be able to directly declare bankruptcy on the spot.
The funds of the 10 billion US dollars were withdrawn.
Lehman Brothers really got worse!
Without liquidity, even if Lehman Brothers is a cat with 199 tails, it can't afford to make any waves!!
Not to mention, the news that JPMorgan Chase withdrew funds was also spread.
Originally, the stock price continued to rebound slowly, but now it is a wave that has been pressed to death again.
Lehman Brothers.
Inside the General Manager's Office.
Henry Lehman was now full of gray hair, and he slammed the cup in his hand to the ground.
At the same time, he roared angrily: "What do they want to do with JPMorgan Chase?!What do they want to do!? let us Lehman Brothers go bankrupt, what good will it do them!!"
"Don't they know that sending charcoal in the snow is more profitable than falling into a well!?
"When we Lehman Brothers come back to life, they will be happy with them! What the hell are they doing!!"
On the computer in the office, the stock price of Lehman Brothers is clearly displayed.
A long black candle smashed through all the moving averages and closed at the lowest point.
See, bankruptcy is already a certainty!
The executive on the other side wanted to laugh in his heart, but he couldn't help but comfort: "Mr. Lehman, I believe that the Eagle Sauce Central Bank will not ignore us, if we go bankrupt, I am afraid that the shock caused by it will not be what the Eagle Sauce Central Bank is willing to see!"
"You calm down first, maybe tomorrow, the Eagle Sauce Central Bank will come to save us just like it did when it saved Bear Stearns!"
"After all, they were also rescued by the Eagle Sauce Central Bank after they declared bankruptcy!"
Hearing this, Henry Lehman's eyes also lit up.
That's right!!
The same is true of Bear Stearns, one of the five largest investment banks at the time!
But after the rescue of the Eagle Sauce Central Bank, they can be regarded as coming back to life!
So if everyone can do it, why can't we?!
The next day.
Lehman Brothers officially announced that it had filed for bankruptcy protection because of a serious financial crisis.
Bankruptcy protection, in fact, plays a role as a buffer.
It can only delay the actual bankruptcy of Lehman Brothers, but it cannot delay its eventual bankruptcy.
Of course, if there is external support to help them solve this financial crisis, then bankruptcy protection really becomes a protection.
Henry Lehman's bet is that the central bank will finally take action to protect itself!
After all.
When their company claims to have filed for bankruptcy protection.
The world's financial industry is scared!!
Everyone knows that an even worse financial crisis is coming!!
On the same day, the three major stock markets of Eagle Sauce all closed in the green, and the big A on the other side was celebrated with a long black candlestick of -4%.
Even the European central bank was forced to inject 30 billion euros into their commercial banks, with a one-day maturity and explosive interest rates.
In order to reduce the impact of the Lehman Brothers incident. (If you read a violent novel, go to Feilu Novel Network!)
As for Lehman Brothers, seeing all this in the entire financial market, Henry Lehman couldn't help but raise the corners of his mouth.
He felt as if he had made the right bet.
Their company's declaration of bankruptcy is a severe blow to Eagle Sauce and global finance.
And if you want to recover this loss, the eye of the battle is to save them Lehman Brothers!!
Morning Capital.
Lin Chen sat next to the building, also looking back at the people coming and going under the building.
He glanced back at the various data displayed on the computer.
Ask for flowers
I couldn't help but sneer: "It's really a good example, do you really think that the Eagle Sauce Central Bank will save you? The debt is as high as more than 600 billion US dollars, then the Eagle Sauce Central Bank is a fool? With this money, I'm afraid I can build another investment bank!!"
You know, Bear Stearns only had a debt of less than $10 billion.
And what about Lehman Brothers?
It's as high as more than 600 billion!
Is the Eagle Sauce Central Bank wronged?
Even the previous channel to save Bear Stearns was saved through JPMorgan Chase.
But now that JPMorgan Chase has begun to withdraw its own guarantee funds from Lehman Brothers, this is an unusually obvious signal, can't the Eagle Sauce Central Bank see it?
It can be said that the only effect of Lehman Brothers' bankruptcy protection is to panic the market again.
Nothing else will work!
In the past two days, Lehman Brothers' stock price has fallen below $10 and reached around $8.
And if the Eagle Sauce Central Bank does not express its position for a day, the stock price of Lehman Brothers will fall day by day!!
7 U.S. knives!
6 beautiful knives!
5 U.S. Knives!
Then the stock price rebounded to $6.6!
Finally!
The Eagle Sauce Central Bank stepped forward and officially stated: "We are indeed lending money to more institutions, but this does not include Lehman Brothers!"
In a word, the fate of Lehman Brothers was completely decided.
Bankruptcy protection can no longer protect the bankrupt Lehman Brothers.
Without the rescue of the Central Bank of Eagle Sauce, their bankruptcy is a foregone conclusion!
Lehman Brothers.
I don't know how many short-selling executives are in jubilation.
At this time, they didn't care about Henry Lehman's eyes.
Lehman Brothers went bankrupt, and Henry Lehman had no second half of his life.
And these of them, who know that Lehman Brothers has a chaotic management and a huge amount of debt, is there a problem with shorting?
No problem!
No, now I rely on shorting and make a lot of money!!
Lehman Brothers, completely abandoned by the world!!
And as one of the biggest short sellers, Lin Chen also began to make a final profit!!
Beg..
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