America: My Time
Chapter 242 Lehman Bows His Head
Chapter 242 Lehman Bows His Head
Chapter 242 Lehman Bows His Head
After Hurricane Investment finished its day's operations, the stock market analysts were all busy, being called in by their bosses for questioning about John's actions and their views on Lehman Brothers stock, and asked to provide a reasonable analysis.
Unfortunately, these experts couldn't figure out John's methods at all. They had never encountered such techniques before and couldn't understand John's purpose in doing so.
The genius who invented this oscillation method had his techniques studied by stock market experts worldwide after he made his move, but no one could figure it out; they were all completely baffled. It wasn't until Caltech developed a mathematical formula that they were able to decipher the patterns of this oscillation trading method. Therefore, John wasn't worried at all that those guys on Wall Street would see through his techniques, and he didn't care about their research at all.
Although they couldn't understand John's actions, the Wall Street giants still dared not let their guard down, especially Lehman Brothers, who were extremely anxious. After learning of John's move, they naturally understood it was a counterattack; John had come with malicious intent, especially since his actions had caused Lehman Brothers' stock to plummet—a serious problem. Other Wall Street giants could wait, but they dared not; they needed to work overtime to figure out the reasons behind it all.
Unfortunately, after a whole night, Lehman Brothers still came up empty-handed. None of the experts could offer a solution, and when the market opened the next day, John instructed the guys at Hurricane Investment to continue the previous day's operations without making any changes.
Having learned from yesterday's experience, these guys were quite adept at carrying out their boss's orders with ease. Another day passed, and this time Lehman Brothers' stock plummeted by five dollars, leaving Lehman Brothers and Wall Street bigwigs dumbfounded. What kind of operation was this? How could Lehman Brothers' stock fall so quickly?
By this time, Lehman Brothers was in a panic. The stock had plummeted so drastically in just two days, infuriating them, especially the shareholders. If the price continued to fall, they would be in serious trouble. These shareholders had pledged their shares to banks, and if the stock price dropped further, they would need to provide additional collateral.
On the third day, Hurricane Investment continued its previous operations as ordered by its boss. As expected, Lehman Brothers' stock fell again by the close of trading, even more sharply than the day before. Strangely, there were no rumors circulating in the market, not even a whisper of gossip. No one could pinpoint the problem; they could only vaguely sense it was related to John's Hurricane Investment, but they couldn't understand his actions.
By the fourth day, the stock market had already experienced some fluctuations. Everyone noticed the changes in Lehman Brothers' stock. As expected, after the market closed, Lehman Brothers' stock price fell again, this time more sharply. Because Lehman Brothers was a giant on Wall Street, its rapid decline naturally affected the entire stock market. At the close, not only was Lehman Brothers' stock affected, but other stocks also began to fluctuate.
At this moment, all traders tensed up, fearing this might be the beginning of a stock market crash, as everything was too abnormal and beyond their comprehension. Lehman Brothers also couldn't sit still; the board convened overnight to discuss how to deal with the crisis. They all knew that if this situation continued, many would soon pay a heavy price.
Soon, the shareholders learned of Lehman Brothers' current situation. It wasn't just Lehman Brothers that was in a panic; Wall Street giants were also getting anxious, as many companies had been affected by Lehman's influence, experiencing stock price fluctuations that forced them to take the matter seriously. Morgan Stanley was in a bind, as they too had been hit, although the losses were not significant, and the impact could be considered negligible, but they still had to pay attention.
Not only Morgan, but other Wall Street giants were also affected, to varying degrees, by Lehman Brothers. This forced Wall Street leaders to hold emergency meetings overnight to discuss countermeasures. However, they still couldn't find a solution. At this point, someone suggested that Morgan step in and speak with John.
When these Wall Street giants shared their ideas with Morgan, they were immediately rejected. While the stock market volatility had affected Morgan to some extent, it wasn't a major issue. After all, Morgan was profitable in its partnership with John, unlike other Wall Street giants, so there was no need for Morgan to be in such a hurry.
If John's actions this time can cripple Lehman Brothers, or even severely damage other Wall Street giants, that would be a good thing and most beneficial to Morgan. Therefore, they naturally would not agree to settle with John.
"Damn Morgan, how dare they refuse our demands!"
"Alright, Morgan has nothing he wouldn't dare to do. He doesn't owe us anything, and right now he's the least affected, so he can just sit back and watch the show, see us both suffer, see Lehman Brothers suffer. It's no use if we step in; that little John won't back down. Now Lehman Brothers needs to bow down. We shouldn't be looking for Morgan, but for Lehman Brothers. They have to give us an explanation. They caused all this; we can't let the entire Wall Street pay for their mistakes." "That's right. We should make Lehman Brothers give everyone an explanation now. If they can't stop the stock market fluctuations and resolve the current troubles, then they have to pay the price. We don't want Lehman Brothers to disappear from Wall Street!"
"This is a good suggestion. If Lehman Brothers can't solve this problem, we might be able to tear a piece of flesh off them if we join forces!" That's how ruthless Wall Street giants are. Even when facing giants like Lehman Brothers, they dare to bite. They won't let any opportunity pass them by.
“Okay, I think that’s a good idea too. We can’t let Lehman Brothers’ ignorance harm our own interests; they must pay the price!”
Good heavens, these Wall Street giants are really crazy. They haven't even figured out John's methods or the situation in the stock market, yet they want to take action against Lehman Brothers just because of greed. If they really join forces, they might actually have a chance to take down Lehman Brothers in one fell swoop, but the possibility of that is not high, and Lehman Brothers will not sit idly by and wait for its doom.
Don't be fooled by these guys' loud slogans and the show that they're ready to take down Lehman Brothers in one fell swoop. None of them want to be the first to act; they just want to reap the benefits.
The fifth day arrived quickly, and Hurricane Investment continued to operate according to John's instructions, just as it had in the previous days. Meanwhile, Lehman Brothers' situation worsened, and stock market volatility intensified, threatening to spiral out of control. If it escalated into a full-blown storm, it might truly trigger a stock market crash. Everyone was gripped by fear; they couldn't understand John's methods and therefore couldn't fathom the extent of the impact such operations would have on the entire stock market. As more and more companies were affected, even the Wall Street giants grew increasingly anxious and fearful.
"Let's go see Morgan and ask them to mediate. Even if it comes at a price, we have to resolve this issue and make this madman stop. The stock market can't be messed up like this anymore. We can't afford the serious consequences. If it leads to a stock market crash, Lehman will only face certain death!" The CEO of Lehman Brothers finally couldn't hold on any longer and had to ask Morgan to step in and help resolve the current crisis.
When the CEO of Lehman Brothers came to their door in person, Morgan could not refuse. Although they hoped to see Lehman Brothers collapse, the current situation was indeed too dangerous. If they continued to let John, this little fox, cause trouble, it would have an impact on the entire Wall Street, a consequence that Morgan did not want to see.
When Lehman Brothers began its operation, the entire Wall Street community quickly learned of it and understood that Lehman Brothers had been forced into a corner and had no choice but to admit defeat. However, they were more curious about how John, the shrewd fox, would choose to continue or let Lehman Brothers off this time.
When the public learned that Morgan and Lehman Brothers had gone to the stock exchange together, the Wall Street investment firms that were eager to make a move all restrained themselves and continued to observe, not daring to enter the market easily, because they did not know what the outcome would be!
When he heard the knock, John gestured to his secretary to open the door. Morgan walked in with the CEO of Lehman Brothers, and Jimmy, whom he knew well, was also there.
The moment he saw John, the CEO of Lehman Brothers said, “John, we need to talk. This isn’t good for anyone. I believe you can’t withstand the impact of the stock market storm.”
"Heh, are you threatening me? If that's what you're thinking, then please leave. I won't be intimidated!"
“John, don’t be so impulsive. We’re here just to resolve the issue! Lehman Brothers isn’t threatening you. You should know that the entire stock market is in turmoil right now. If this continues, it could trigger a stock market crash. I’m sure you don’t want to see that happen. We’re not prepared, and I’m sure you aren’t either. If a stock market crash occurs, your pressure won’t be much less than ours, and it might even be greater. That’s why I chose to come and mediate between you!”
(End of this chapter)
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