The Great Sage Returns from Ten Years of Imprisonment
Chapter 153 Thunderclap
Sunday morning, 9:00 AM.
After spending some time with several beautiful women, Ling Yun went upstairs to his study, casually turned on his computer, and began browsing international financial news.
As a result, he sat there for the entire day, and did not leave the study except when he ate or went to the toilet.
One bombshell after another in the international financial markets left him dizzy and trembling with excitement.
Before 10 o'clock, Chairman Zhao called first.
"It's done, Lingyun. We've successfully acquired Merrill Lynch's Hong Kong Island branch. We just signed the acquisition agreement."
"Just like you said yesterday, these damn foreigners will agree to any condition just to get some benefits."
Upon hearing this good news, Ling Yun chuckled.
"Congratulations, Chairman Zhao, on successfully acquiring the Merrill Lynch Hong Kong Island branch. This will undoubtedly elevate the strength of Yuanda Hong Kong Island branch to a new level."
"Just you wait and see. Those bastards at Merrill Lynch will probably regret it before nightfall, but what's done is done!"
Before he finished speaking, Chairman Zhao laughed even more heartily.
"Hahaha, then we'd better hurry up and not give these bastards a chance to back out."
After chatting for a few minutes, they ended the call with a smile.
Just one hour later, Broad Group swiftly paid the $500 million acquisition fee, finalizing the deal.
At the same time, a takeover team was dispatched to Merrill Lynch's Hong Kong Island branch to take over the company immediately and quickly removed all Merrill Lynch employees from the company.
This series of lightning-fast moves stunned almost everyone in Hong Kong's financial circles.
But in the international financial markets outside Hong Kong Island, explosive news is coming in rapid succession, leaving people overwhelmed.
This includes many major events that have shaken the entire international financial market, while the fact that Yuanda Group acquired Merrill Lynch's Hong Kong Island branch is a minor matter that has gone unnoticed.
In the afternoon, dawn broke in various European and American countries.
The international financial market quickly became abuzz with a flood of sensational news, and the entire market was in an uproar.
The Federal Reserve was the first to jump out; before dawn in New York, the Fed couldn't wait to announce three key measures.
First, expand the scope of financing collateral to make it easier for financial institutions in distress to obtain funds.
Second, the auction period for the periodic lending mechanism will be shortened, and the total auction amount will be expanded to US$2000 billion.
Third, we will loosen regulations for financial institutions to facilitate the flow of funds between them.
At 8:00 AM New York time, ten major American financial institutions jointly announced the establishment of a $70 billion guaranteed loan mechanism in an attempt to save themselves and stabilize the market.
Unfortunately, these self-rescue measures by the Federal Reserve and Wall Street were completely ineffective.
Moreover, these self-rescue measures actually confirm that liquidity in the financial market is on the verge of drying up.
Realizing this, panic in the entire international financial market immediately surged exponentially.
It was only because it was Sunday that the international financial markets were closed; otherwise, a global financial crisis would have erupted immediately.
At 10 a.m. New York time, American Bank jumped in and stirred things up, once again shaking the entire international financial market.
American Bank officially announced that it was abandoning its acquisition of Lehman Brothers due to concerns about the bank's assets and lack of government guarantees.
Instead, they acquired Merrill Lynch and immediately began acquisition negotiations.
In just two hours, American Bank and Merrill Lynch reached a formal acquisition agreement. The speed of the deal seemed to suggest that it had been planned for a long time!
Only those idiots at Lehman Brothers kept hoping that American banks would save them, only to be completely fooled!
As Lingyun predicted, American Bank acquired Merrill Lynch in a stock swap deal worth $29 per share, with the total acquisition amount reaching $500 billion.
When US stocks closed on Friday, Merrill Lynch's closing price was only $17, meaning that the acquisition offer from Beautiful Country Bank represented a full 70% premium!
The moment the acquisition plan was announced, the entire international financial market was in an uproar, and everyone was stunned.
Meanwhile, the United Securities investment team and Yuanda Hong Kong branch, located far away in China, were filled with cheers.
Everyone understands that Merrill Lynch's stock will definitely surge once the US stock market opens on Monday, regardless of whether a global financial crisis breaks out.
Two investment teams invested heavily in Merrill Lynch on Friday, and they're poised to reap the rewards and make a fortune.
Lehman Brothers, having been swindled, took another giant step forward on the road to hell!
Following American Bank and Merrill Lynch, U.S. Treasury Secretary Paulson made the first public announcement during a media interview.
There will be no use of taxpayers' money to bail out any private financial institution. Wall Street must save itself and solve its own industry problems.
Although he didn't name names, everyone knew he was referring to Lehman Brothers.
Following this, Federal Reserve Chairman Ben Bernanke publicly announced that the Fed would not provide funding to bail out Lehman Brothers.
Moreover, their subsequent speeches also carried a warning tone, as if they were making an example of someone to scare others.
The "chicken" mentioned here is, of course, the doomed Lehman Brothers bank.
The monkey represents the other large financial institutions on Wall Street, warning them to behave and be more discerning.
If you encounter a problem, try to solve it yourself as soon as possible; don't expect the US government and the Federal Reserve to step in and save you.
The statements from the U.S. Treasury and the Federal Reserve have further sealed Lehman Brothers' fate.
Barclays officially released a statement in the afternoon New York time.
Barclays officially ended its acquisition of Lehman Brothers due to strong opposition from the UK Financial Services Authority.
With the release of this announcement, everyone realized that the collapse of Lehman Brothers was a foregone conclusion!
In addition, many other significant events occurred that night that shocked the entire international financial market.
For example, the warning level for AIG Group, the world's largest insurance giant, has been raised to its highest level ever.
Many money market funds that were originally considered safe have suddenly defaulted, and a large-scale run on these funds is imminent.
It was already around 11:30 pm on Sunday night, amidst all the commotion.
After assigning Monday morning trading strategies to several investment teams, Lingyun shut down his computer, stood up, and stretched.
Then he left the study and returned to the master bedroom to rest.
Seeing that he had finally finished his work and come to the master bedroom to rest, Da Meiyuan, who was lying on the bed and had been waiting anxiously, immediately perked up.
She quickly jumped off the bed and ran into Ling Yun's arms.
"Honey, you're finally done! I thought you were going to work all night again. If that happened, all my waiting would have been for nothing."
Ling Yun casually put his arm around her slender waist and leaned down to kiss her beautiful face.
"The situation is special today, which is why I've been busy until now. Fortunately, it's not the most critical moment yet, and I can still rest at home."
"Starting tomorrow morning, I will be extremely busy, possibly working several consecutive all-nighters, and I won't have any time to come home and be with you."
"This high-intensity work pace will continue for at least a week, so be prepared. We'll see each other much less often next week."
"Fortunately, the rewards for such hard work are very generous. Starting tomorrow, your personal assets will take off like a rocket, soaring to the sky."
Upon hearing this, Da Meiyuan's eyes immediately filled with curiosity.
Just as she was about to ask, Ling Yun's phone suddenly rang.
He immediately took out his phone to check the display, and then subconsciously raised his index finger to shush.
"It's a call from Hai X, I'll answer it in the study."
After saying that, he quickly turned and left the master bedroom, heading to the study.
Da Meiyuan stood there, stunned, her beautiful eyes wide open.
She was stunned for four or five seconds before she came to her senses and excitedly muttered a few words to herself.
"My god, it's SZ from HaiX calling! What kind of guy did you find, girl?"
"You must have saved the entire galaxy in your past life to have such a perfect man in this one."
On the other side, Ling Yun, who had just left the master bedroom, touched his burning ears and strode into the study.
Then he closed the door behind him before answering the phone.
"Good evening, SZ. I didn't expect you to be working so late. Do you have any instructions?"
The next moment, Vice President Wang's voice came from the other end of the phone.
"Good evening, Xiaoling. You haven't rested either. The international financial markets are erupting like a volcano tonight; I can't sleep at all!"
"Your prediction is extremely accurate. Based on all available information and intelligence, it's almost certain that this global financial crisis will officially erupt tomorrow!"
Before he could finish speaking, Ling Yun laughed silently.
This isn't a global financial crisis; it's practically a super gold mine that opens its doors on time!
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