The Great Sage Returns from Ten Years of Imprisonment

While chatting, everyone sat down in the reception area.

Then, Lingyun returned to the main topic.

"After two consecutive days of plunges exceeding 40%, coupled with previous losses, Lehman Brothers' market value evaporated by over 90% within a week, completely eliminating any possibility of equity financing to save itself."

"More importantly, Lehman Brothers' liquidity crisis was completely out of control. All its counterparties had frozen its credit lines, and it couldn't borrow a single penny in the financing market."

"The rapid collapse of Lehman Brothers has triggered a domino effect on Wall Street. For example, Merrill Lynch, after plunging more than 20% yesterday, has plunged another 14% today."

"Other top investment banks, such as Goldman Sachs and Morgan Stanley, also experienced two consecutive days of sharp declines, and panic in the international financial markets spread rapidly, reaching unprecedented levels."

"Moreover, the panic has spread to various global assets, such as international oil prices, which plummeted 3.1% today. All of this indicates that the financial crisis is about to escalate further..."

As he said this, Ling Yun opened his laptop and connected it to the office projector.

Then, combining the dismal performance of the international financial market with various charts and the burgeoning international financial news, I analyzed and introduced the current state of the international financial market to the several industry leaders.

Listening to his introduction and looking at the plummeting stock price charts, Deputy Director Zhang and his colleagues felt a chill run down their spines.

But they were not afraid; they were excited.

There is now a consensus that the more severe this global financial crisis is and the greater the damage it causes to the global economic and financial markets, the greater the benefits it will bring to China.

Of course, this financial crisis will also have a certain impact on China and cause some losses.

But this impact and loss are insignificant compared to the opportunity to soar to new heights and the various benefits that China will gain as a result.

When everyone looks back at this devastating global financial crisis a decade or two from now, they will realize that...

This financial crisis has severely damaged the global economy, especially dragging developed countries such as Europe, the United States, and Japan into a quagmire from which they cannot extricate themselves!

China was the only exception, becoming the sole and biggest winner of this financial crisis.

It took Lingyun about ten minutes to finish analyzing and explaining the situation.

And it reiterated its affirmative conclusion that the global financial crisis will officially erupt next week; it's a foregone conclusion!

As he finished speaking, the meeting officially entered the question-and-answer session.

The first bigwig to speak up and ask a question was the chairman of CITIC Real Estate.

"Xiaoling, I have a question. According to the news I just received, the US Treasury and the Federal Reserve have decided to intervene in this financial crisis."

"If they had injected massive amounts of capital into Lehman Brothers or organized a syndicate to take it over, could Lehman Brothers have escaped bankruptcy?"

Ling Yun smiled at the big shot and shook his head firmly.

"I'm certain that the U.S. Treasury and the Federal Reserve would never inject large amounts of capital into Lehman Brothers; there's a significant legal obstacle!"

"Lehman Brothers was an independent investment bank, and U.S. law generally prohibits the use of taxpayer money to bail out independent investment banks."

"If the U.S. Treasury and the Federal Reserve want to save Lehman Brothers, they first need to overcome this legal obstacle, and then it needs to be passed by both the House and Senate before it can be implemented."

"Under normal circumstances, this would be a protracted and drawn-out battle, let alone in an election year when the two parties are fighting tooth and nail. This proposal simply has no chance of passing..."

"what!"

Everyone was stunned for a moment, unable to react immediately.

After a few seconds of stunned silence, Director Li of the State-owned Assets Supervision and Administration Commission finally uttered a sigh.

"There's even such a rule? Isn't that just crippling ourselves? Given the US's parliamentary procedures, this proposal certainly can't be passed quickly."

"Well done, Xiaoling! I didn't expect you to even know this legal provision. Your profound professional knowledge is truly astonishing!"

"Thank you for the compliment, sir. I'm flattered!"

Ling Yun smiled politely and then quickly returned to the main topic.

"The idea of ​​the US Treasury and the Federal Reserve jointly pressuring banks to form a syndicate to bail out Lehman Brothers is simply not going to work!"

"First of all, major financial institutions in Europe and the United States are in dire straits and struggling to survive. They all have their own problems, and no one will come to the rescue of Lehman Brothers."

"More importantly, the commercial real estate and subprime-related assets held by Lehman Brothers were difficult to value; it was a bottomless pit that would deter anyone from investing."

"There are quite a few who are kicking someone when they're down, such as the Royal Bank of Scotland and Barclays, as well as Standard & Poor's and Moody's. It's a classic case of everyone pushing a wall when it's down and everyone beating a broken drum..."

"Haha, that's a very apt description."

Everyone burst into laughter, and they were all overjoyed.

More than forty minutes passed as they spoke.

The office door opened, and Ling Yun accompanied several bigwigs out, chatting and laughing as he escorted them to the elevator.

The traders on duty in the trading area all stood up abruptly, as if they had been electrocuted.

He watched Ling Yun and the others with shining eyes, and kept watching them until they left the office area.

As soon as Ling Yun and his group disappeared, the office area erupted in chaos.

"My god! Dude, are you seeing things? So many big shots have appeared at the same time, and they're all looking for Ling Yun. This young master's power is truly astonishing!"

"Alright! I've figured it out, we're just a bunch of frogs in a well. How dare we look down on this young master before? I don't know where we got the guts!"

"That's incredible! To be able to do financial investment to this level, Lingyun is absolutely the first person I've ever seen. He's a true investment god!"

Just as everyone was discussing this, Ling Yun and Secretary Zhou turned around and went back to the office area, heading straight for their office.

"Whoosh!"

Everyone in the office turned to look at him, their gazes intensely fixed on him.

Ling Yun was already used to this situation. He simply smiled and nodded to everyone in greeting, then calmly continued his discussion with Secretary Zhou in a low voice.

In a short while, they had entered the office and closed the door.

About fifteen minutes later, they came out of the office and then went their separate ways.

Lingyun took the elevator downstairs, then went home by car to rest.

Secretary Zhou drove straight to the headquarters of AVIC, as he would be going to the General Administration with Director Kong later to report on the situation.

Meanwhile, in New York.

Wall Street, Lehman Brothers headquarters.

In a quiet corner of the lobby on the first floor.

The current CEO of Lehman Brothers, Fuld, stood alone with a livid face, talking on his cell phone to someone!

On the other end of the phone was U.S. Treasury Secretary Paulson, who had just arrived on Wall Street half an hour earlier.

In Fuld's view, Paulson was definitely there to save Lehman Brothers, and was Lehman Brothers' last lifeline.

However, he was clearly overthinking it.

At this moment, every word Paulson uttered was so cold and ruthless that it made Fuld feel as if he had fallen into an ice cave.

"Fold, you don't need to attend tonight's Wall Street investment bank leaders' summit. Cook and McDaddy can represent Lehman Brothers instead!"

"Just stay in your office and wait for the results. Don't get your hopes up too high; the Treasury and the Federal Reserve are unlikely to bail out Lehman Brothers..."

Upon hearing this, Fuld's body suddenly began to tremble uncontrollably, and his eyes were instantly filled with despair.

Just as he was about to speak and pray, a terrified scream suddenly came from the side.

"Oh no! Look outside! Someone else has jumped to their death!"

As if by reflex, Fuld turned his head quickly to look outside the glass curtain wall, and saw it at a glance.

A familiar figure was in freefall, plummeting from the sky and crashing with a thud in front of the Lehman Brothers headquarters.

In an instant, blood mist splattered everywhere!