The Great Sage Returns from Ten Years of Imprisonment
Chapter 248 Self-Rescue on the Front Lines
Upon hearing the investment director's words, Lloyd's face darkened even further.
Just as he was about to respond, his secretary suddenly pushed open the door and came in to report the latest situation to him.
"Boss, Mr. Buffett called and said he has something very important to discuss with you. Should we take the call?"
Lauder looked at his secretary and nodded through gritted teeth.
"Put it in. Warren calling now can't be good news. It's definitely about today's stock market crash and the failed bet, but we have to answer this call!"
"Okay, boss, I'll connect you to the phone right away."
The secretary nodded in agreement and turned to go to her office.
A moment later, a black landline phone on the desk rang.
Lourdes forced himself to compose himself before reaching out to answer the phone.
"Good morning, Warren. I heard you have something very important to discuss with me. What is it?"
As soon as he finished speaking, Buffett's voice came through the phone.
"Good morning, Lloyd. I do have something very important to discuss with you, or rather, two things."
"First of all, the funds we just injected into Goldman Sachs cannot be used for betting payouts. I've heard about Goldman Sachs' betting match with China Grand Group and their disastrous defeat."
"I don't understand why Goldman Sachs lost so badly, but one thing is very clear: our large-scale investment in Goldman Sachs is to make money, not to give it away to Yuanda Group for free. You must ensure the safety of this capital."
"The second thing is, I heard you're investigating the mastermind behind Yuanda Group. I wonder how much information you've found? I need to get this information; we might run into this amazing kid in the market later..."
Hearing the cold voice on the phone, Lourdes felt a bitter taste in his mouth.
Given his position as CEO of Goldman Sachs, even the attitude of Warren Buffett, the so-called "Oracle of Omaha," when they spoke to him before was completely different from how he is now!
Because of today's disastrous stock index options bet, many things have changed.
"Fuck! That snobbish old fox!"
Lold cursed under his breath, then quickly put on a smiling face and began to explain.
"You can rest assured, Warren. Although we lost this stock index options bet, we are working on making up for it. I can assure you that we will not use your investment to pay out the losses."
"It won't be easy for Yuanda Group to get huge compensation from us. In the international financial market, no one can take advantage of Goldman Sachs."
"As for that amazing young man behind Yuanda Group, he is indeed the one secretly manipulating everything. The investigation into him is ongoing. I'll have my secretary send it to you later..."
After Lloyd finished speaking, Buffett on the other end of the phone was silent for a moment before making another request.
"I heard that the betting agreement you used this time came from Yuanda Group, which is extremely rare at Goldman Sachs."
"Once the betting agreement is over, I want to take a look at this stock index option betting agreement. I must study this betting agreement that has put Goldman Sachs and Barclays in such a passive position."
Lauder blushed, his expression somewhat embarrassed.
He knew in his heart that Goldman Sachs had underestimated him in this stock index options bet, and as a result, they had learned a good lesson!
The tuition fees are so high that they are enough to cause a sensation in the entire international financial market!
Moreover, this stock index option betting agreement is flawless and extremely ruthless.
Not only will Buffett, that old fox, also have to carefully study this stock index option betting agreement word by word.
"Okay, Warren, I'll have my secretary send you a copy of this betting agreement once this is all over."
"Lauder clicked his tongue and said."
They chatted for a few more minutes before ending the call.
Immediately after hanging up the phone, Lold quickly glanced at the computer screens.
The results showed that the US stock market continued to decline.
The Dow Jones Industrial Average has fallen by 6.4%, the S&P 500 by more than 6%, and the Nasdaq Composite by more than 5%.
Looking around, almost all stocks are plummeting, with the stocks of major financial institutions naturally suffering the most severe losses.
Goldman Sachs' stock price has fallen by 18%, JPMorgan Chase by 7%, Citigroup by 8%, and so on, each one worse than the last.
The Mexican stock market, also located in North America, has suspended trading due to an overall decline of more than 15%, and the Canadian stock market is not faring much better!
Looking at the near-massacre, even the seasoned veteran Lloyd felt his eyelids twitch and his legs go weak.
Immediately afterwards, he looked at the investment director and risk control director opposite him with a dark expression.
"With the market plummeting like this, forget about that damned half-hour time limit. Contact Yuanda Group immediately and demand an end to this stock index options bet."
"If the Hong Kong Island branch of Broad Group insists on implementing the agreement, then we will bypass them and talk directly to the headquarters of Broad Group. I will contact Paulson and put pressure on them from the government level."
"Furthermore, I will immediately contact Bernanke to see if there is any way to get the Federal Reserve to speak out and release expectations of interest rate cuts in order to stabilize the financial markets."
At this point, he suddenly changed his tone, and his voice became much colder.
"The idea that Yuanda Group could swindle tens of billions of dollars from Goldman Sachs with just a stock index options betting agreement is pure fantasy. It's not that easy!"
"Settling this damn bet in time is the first step. Next, we need to start negotiations with Yuanda Group. Hopefully, these bastards won't push their luck."
"There's one more thing. Have someone keep an eye on Irwin and Lewis's movements. They bear undeniable responsibility for the company's disastrous bet this time..."
Both directors shuddered in unison, silently complaining to themselves.
Sure enough, they started looking for scapegoats!
It's like you don't have to take responsibility, like you're the one who makes the final decision!
Despite the complaints, the two directors gave very straightforward answers.
"Okay, boss, we'll contact Yuanda Group right away."
After saying that, they turned and left the office.
The door closed, and Lold glanced at the computer screen again, his facial muscles twitching suddenly.
Immediately afterwards, he reached for a landline on the table and dialed Treasury Secretary Paulson's number.
As soon as the call connected, he got straight to the point.
"You should be well aware of what's going on right now, Henry. I need your help..."
Just as he finished speaking, the phone next to him suddenly rang.
Lauder glanced at the caller ID on his phone screen and immediately felt a splitting headache.
The reason was simple: the person who called was a heavyweight shareholder named Rockefeller!
Meanwhile, in London, England.
At the headquarters of Barclays Bank, the CEO of this top financial institution was also yelling at his senior executives and trying to save the bank.
"Terminate this damned stock index option betting agreement immediately! If we drag this out any longer, the entire Barclays Bank will have to change hands!"
"You should contact Yuanda Group immediately and tell those bastards that Barclays Bank can cooperate with them in more areas."
"For example, by opening the door wide for them to enter the European financial market, the amount of compensation for this stock index option bet must be kept within a reasonable range."
"They can't ask for an exorbitant amount, let alone try to swallow Barclays Bank whole; that's wishful thinking. At worst, they'll fight to the death..."
Seeing the hysterical CEO, the executives opposite him were on edge and remained respectful.
I'm afraid that I might accidentally get into trouble.
Just then, the secretary knocked on the door and came in.
"Boss, it's the Prime Minister's office calling. They need you to explain the stock index options bet with Yuanta Group!"
"Well!"
The CEO of Barclays Bank was taken aback and almost couldn't catch his breath.
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