Reborn Millennial Gamer

Chapter 542 Late attack, short Lehman

Since "The World Is Flat" became popular, Thomas Friedman has become a world-renowned scholar and the mouthpiece of the donkey party.

Because of this, having an irresistible relationship with Mr. Lu is a stake in the "New York Times" and even in the American media circle.

But when he heard that he was co-writing a book on shorting subprime mortgages, Friedman refused at first, because Mr. Lu couldn't let him write it, so he wrote it immediately.

I don't understand finances either!
What's more, I don't want to write about the subprime mortgage crisis. If after publication, the subprime mortgage does not have a "duang", bursts, and collapses, then readers will definitely come out and scold him. There is no such crisis at all, which proves that it is absolutely Fake.

This must not be laughed to death by colleagues, and the fame of the whole life will be ruined!
I wanted to tactfully refuse, but Mr. Lu added money and lured him, and promised to hand over the exclusive interview of "shorting the penguins" to the "New York Times". Find a thug to fight for you.

"Lu, this is Michael Lewis, who used to be a bond trader at Salomon Brothers."

Friedman took the initiative to introduce the financial reporter around him: "Like us, he is still a best-selling author. His "Liar's Playing Cards" has the characteristics of Wall Street in the 80s."

"Hello, Lewis."

Lu Fei also briefly introduced Carlson Bullock and George, and then invited everyone to sit down.

Looking at the four people sitting opposite each other, George suppressed the ecstasy in his heart, served the coffee calmly, and stepped aside.

On the surface, he picked up a pen and paper and behaved as a recorder, but secretly turned on the recording pen, never letting go of any details of the conversation.

After Lewis said a few polite words, he immediately got to the point, "Lu, what do you think about Penguin being shorted by Lehman?"

"The first reaction was of course shock. I spent two days and two nights wondering why Lehman wanted to mess with me?"

Lu Fei changed the topic: "Finally I ruled out all impossible explanations, and there is only one left, and that is malicious short selling!"

Noticing his serious face, Lewis wrote and scribbled while listening patiently, and saw that he was full of anger when he spoke:
"I know that there is a short-selling agency on Wall Street that specializes in digging up black material on listed companies, even at the expense of making it out of nothing, but I never thought that the dignified Lehman would do such a thing!"

"Why did Lehman maliciously short Penguins?"

Lewis hit the nail on the head and asked the second question.

"You should ask Lehman and Fowles about this."

Lu Fei shrugged, "Penguin's 06 annual report, if it is a 90-point system, not to mention a full score, it should be at least points. Many brokerages and rating agencies have raised the prospect of Penguin's stock, which proves everyone's views on Penguin. .”

"But since Lehman released the short-selling report, Penguin's share price has fallen by 3.6%. Isn't this a big drop?"

Lewis stopped writing and looked up at him.

"Is it big? Excuse me, under the malicious short-selling, only a few small shareholders of Bank of America and Merrill Lynch have been 'panic' and dumped a small part. On the contrary, I feel that this kind of decline is somewhat disrespectful to Lehman, and it did not happen. Diving, even plummeting."

"You look disappointed?"

"Of course, wasting my friend's phone bill."

The corner of Lu Fei's mouth rose, "The two largest individual shareholders of Penguin, Bill Gates and Buffett, respectively promised me that they will never reduce their holdings, and they will not even rule out continuing to increase their holdings."

"Is this news accurate and reliable?"

Lewis couldn't wait to ask questions, and George, who was not far away, had his heart pounding and pricked up his ears.

"Of course, it won't take long, maybe today, for Berkshire Hathaway to make an announcement."

Carlson Bullock showed a shrewd smile. Thanks to Master Lu's early layout, he tied the world's first and second richest people to the chariot of shorting subprime mortgages, forming a Wall Street iron triangle.

"The two social products that Penguin relies on most are QQ and Line, and the number of registered users worldwide has grown to 9.31 million...

The number of daily active users has exceeded 7000 million, covering 21 countries and regions such as Huaxia, Neon, Bangzi, Australia, Singapore, Malaysia and Thailand. This kind of traffic and profit growth, such an impressive achievement, is not the same as Lehman. A report can be wiped out.

It is nonsense to want to short penguins! "

Lu Fei was eloquent and snorted coldly.

"I read Lehman's report, er, it mainly focuses on Penguin's three points." Lewis carefully listed them one by one, "The first is the fierce competition in the online game market..."

"The three points you mentioned can actually be boiled down to one point, that is, where is the new growth point of Penguin in the future, I can tell you directly, it is still in the game business."

Lu Fei stretched out a finger.

"Is it a stand-alone game or an online game?"

Lewis did his homework before the interview. Penguin has made frequent moves in the past two years. In addition to acquiring YouTube, it also took a stake in EPIC and acquired Riot Games to be responsible for LOL's overseas business.

From Japan and South Korea, buy and buy all the way to Europe and the United States.

"No, stand-alone and online games are the present of Penguin Games, not the future. The new growth point must be in the great changes of the entire game industry." Lu Fei smiled mysteriously.

"What is it?"

"Mobile game!"

"Mobile game?!"

Lewis and Friedman looked at each other.

"That's right, mobile games."

Lu Fei said confidently: "My lphone is subverting the traditional mobile phone industry. Just like a few years ago, I used lmusic to prove that the music player combined with the Internet is the best choice in the era of digital music. Carrier mobile games are destined to be the direction of the next era.”

"Not long ago I announced that Android is open source. Not only mobile phone manufacturers are welcome, but all software developers including games are welcome. I just take this opportunity to announce one more thing."

"Penguin has clearly joined the Android Alliance. "Bejeweled" and "Plants vs. Zombies" will be ported to Android phones, including but not limited to "Temple Run" and "Angry Birds" under development..."

"hiss!"

The crowd couldn't help commotion, Lewis cheered up:
"Can I understand that the focus of the Penguin game business will gradually shift from the PC side to the mobile phone side?"

"Not only games, search, email, video, payment, social software, etc., everything about Penguin in the future will require 'Mobile Internet+'!"

Lu Fei eloquently said a lot, "Lehman thinks that the future of penguins is bleak in the short-selling report, which is a big mistake!"

He slapped the table, "We are going out to sea with excellent partners like Logic and Google, just like Columbus did back then, to explore the unknown blue ocean, to find a new continent for the entire industry, instead of a group of companies fighting to the death."

"Columbus? I love that metaphor!"

Lewis licked his lips.

"How can Lehman understand these?"

"Does Fuld understand? How many people in Lehman understand smartphones and mobile Internet?"

"I'm afraid there isn't one!"

"That being the case, why does Lehman issue such a short-selling report to question Penguin? Do you know that you don't have the ability!"

"It's hard for me not to wonder if Lehman has ulterior motives."

Lu Fei is like a king with a strong mouth, and I am invincible with my mouth!

"Why do you think?"

Lewis couldn't help being interested.

"It's very simple, Lehman is in a hurry, it is in a hurry."

Lu Fei shook out the prepared remarks in a % manner. Lehman did this to target me, the biggest funder who supported Paulson's hedge fund. Indiscriminate conspiracy.

"Is there any basis for your disapproval of Lehman, or subprime mortgages?" Lewis asked with a frown.

"Of course!"

Lu Fei glanced at the ghost George, then gave Carlson Bullock a wink, and saw that he immediately projected the PPT on the screen, which was an abbreviated version of the one Buffett had seen.

There is neither a video of the survey nor an audio recording from the rating agencies.

And a lot of data is either wrong or discrepant.

In the directory, there are several eye-catching titles:
1. The scale of CDO and CDS in the United States and Lehman.

2. The performance of the real estate market in the United States in 2006.

3. National Mortgage Bond Default Rate…

"Cough cough!"

Carlson Bullock also glanced at George, holding a laser page presenter and said: "If you want to talk about Lehman, you have to start with the housing prices in the United States. I think housing prices in the U.S. will soon reach an inflection point..."

While talking, the PPT is updated synchronously, listing various data.

"Gulu, Gulu~"

Although George was engaged in the operation of shorting subprime mortgages, it was the first time that he had such an in-depth and detailed understanding of "why shorting".

Looking at the dense data, the more I look at it, the more frightened I am, I can't help swallowing my saliva, I wish I could take a camera or mobile phone, take a sneak shot of it all, or simply steal the entire PPT file.

This information is too important!

The top executives of Goldman Sachs must be notified as soon as possible!

"Although your data combination looks very convincing, there is no problem with subprime mortgages. Not long ago, the ABX index and CDO prices both rose."

Before Lewis could speak, Friedman interrupted decisively.

Just like the Wall Street Journal rejected John Paulson, the New York Times couldn't allow these outrageous hypotheses to be reported, after all, pens still rely on capital for food.

"Sau Rui, Lu."

Lewis Rao was very interested and had to terminate.

"Understand, understand."

Lu Fei laughed and said, "That's why I asked Friedman to come to you. I wonder if you would like to cooperate with me to write a book about subprime mortgages. The title is tentatively named "The Big Short"?"

"Okay! How do we cooperate?"

Lewis pondered for a moment, and finally made up his mind.

"Don't worry about this."

Lu Fei showed a relaxed smile for the first time: "Wait until you report our interview today. For the sake of your agreement to co-author, I can also reveal an exclusive news to you. Because of Lehman's short-selling, I will Short Lehman to fight back."

"what?!"

Everyone in the audience was taken aback except for Carlson Bullock, who knew the news. Lehman shorted Penguin, and Lu Fei shorted Lehman?

This is simply a fight between gangsters on Wall Street!

Is it too childish?
"According to Lu's request, Three Body Fund has set up a special short-selling fund called 'muddy water', with me as the first fund manager, and the heavy bets on subprime mortgage institutions, including Lehman, All will be included in the short list.”

Carlson Bullock grinned.

"We can report this, right?"

Lewis seems to have seen the bloody Wall Street.

"Originally this kind of short selling cannot be made public, but this time is an exception. I am attacking and retaliating against Lehman, and I don't need to hide it."

Lu Fei waved his hand, "However, other data about subprime mortgages must be kept confidential. I will invite the two of you to sign a non-disclosure agreement later."

Huh, keep it secret?
George's eyes flickered, and a smirk curled up at the corner of his mouth.

…………

The next day, Lewis rushed out the news, and it was immediately published in the New York Times. The revenge move of "Lu Fei shorted Lehman backhand" immediately caused an uproar in the entire Wall Street.

"The Wall Street Journal" and many other media have reprinted——

Shorting the Penguins: The Lehman Conspiracy.

"Lehman Eating Penguins, Watching Subprime Shorts".

"Penguin gambles on the future, join the Android family! "

"Buffett: I am still optimistic about the development of Penguin"

"Lehman Shorts Penguins, Huaxia Lu Strongly Reverses Shorts".

"Who is right and who is wrong?Who wins and who loses?Lu VS Lehman".

Why Short Lehman?Just revenge? "

The major mainstream media, from newspapers to TV stations, will not let go of such hot spots. Financial news even invites industry experts and analysts to analyze real estate and subprime mortgages at length.

On the Internet fronts such as Facebook and Line, Jian Zhengxia has invested in it one after another. In addition to watching the excitement and not being a big deal, the Huomen and Leziren support and oppose Wall Street.

Forty percent, filled with a large number of logic fans and Master Lu's fans, seems to have the prototype of a fan circle, and strikes hard.

[Why is Lehman right and Lu Fei wrong? 】

[I am a fish seller, and I know a truth, the greater the wind and waves, the more expensive the fish, Lu knows how to fish. 】

[Because Lu is a god, he is always right! 】

Most of the supporters are the elites, especially the investment bank elites, who sneered at Mr. Lu for not knowing what to do. Regal"...

More or less, mixed with discrimination and hostility.

Even Richard Fuld went off in person, directly flying a dragon to ride his face on Facebook, and continued to crazily output to Lu Fei.

Not only is tit-for-tat in the battle of public opinion, but also the US stock market, ABX index, and CDO bond markets are gradually filled with gunpowder. From shorting penguin stocks to longing of subordinated bonds, Lehman can be seen everywhere.

Behind them, Bear Stearns, Merrill Lynch and other wolves of Wall Street followed, each of them barging their teeth and claws, with a clear division of labor. Some were in charge of the front, some were in charge of sneak attacks, and some were in charge of ambushes.

However, amidst the excellent situation, Goldman Sachs suddenly stood still and quietly left the main force.

The high-level executives who had been tipped off by George held an emergency meeting overnight that day, and carefully sorted out the entire context of the subprime mortgage up and down, and discussed it for three full days.

The Goldman Sachs conference room was filled with smoke.

The whole house smelled of smoke, and the stench was unbearable.

David Solomon opened the window, and a gust of cold wind blew in front of him, and his drowsy brain became clearer for a while.

"David, Foles is calling again."

John Wallund frowned: "This is the sixth time, he asked us why we don't continue to lend Penguin shares to Lehman, and why we don't buy collateral."

"Let him mind himself!"

David Solomon had a gloomy face. I, Goldman Sachs, made my own decision, and my sworn enemy, Lehman, was not worthy of pointing fingers at us.

"Do you think there is such a possibility that George has been exposed, and what Lu passed on is all false information. The purpose is to let us turn from long to short, and deal with Lehman and them together with him."

John Walllund felt more and more strange.

David Solomon frowned and asked, "Even if Goldman Sachs is added, can they stop Foles and the others?"

"Unless we can get Henry to help."

"Let Lu please move his powerful motherland, just like Soros attacked Xiangjiang back then, Huaxia must take action."

"So I can't figure it out. How dare Lu dare to declare war on Lehman and the others. Is it possible that, like Cixi of the Qing Dynasty, who can no longer distinguish the situation, dare to declare war on eight countries at the same time?"

"That's the point, unless..."

David Solomon said with a straight face, "It's really like what Lu said, the real estate industry has reached a turning point and may collapse at any time."

"is it possible?"

John Wallund felt uneasy.

"What if?"

David Solomon's face became more serious.

After thinking about it for days and nights, I couldn't figure it out. Even Goldman Sachs wanted to avoid it. Who would give Master Lu the courage to face it?

God?
Thank you Yuan Lai ヽ for the 20000 starting coins, and thank you for the ugly and beautiful 100 starting coins.

Ps: I have to add another chapter...

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like