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Text Chapter 844 Thunderbird Bank

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    Rebirth of an Industrial Empire 844_Read the full text of Rebirth of an Industrial Empire for free_Chapter 844 Thunderbird Bank comes from

    Thunderbird Company?

    What kind of company is this and where did it come from?  How come they are so rich?  You must know that these days, except for the major banks, it is difficult for any company to have such a large amount of cash flow. US$1.75 billion is not a small amount?

    However, the report about Thunderbird Venture Capital¡¯s acquisition of Lehman Corporation only occupied a small space in the Wall Street Journal, and there were not many related reports on major financial websites.

    Even if someone is interested in this acquisition, they have to look up relevant information about Thunderbird Ventures, but they can find very little information about Thunderbird. They probably only know about this company.  The company was established a few years ago and has been active in the U.S. stock and futures markets since then.

    In recent years, they have made a lot of money by relying on their precise vision and investment. However, it is still not clear what cases they have operated and how much money they have made. The background of this company is very mysterious. What exactly is it?  Where they come from, and what financial groups are standing behind them, the financial pages of these major news media are under pressure and silence orders from the top.

    But the acquisition of the U.S. part of Lehman Brothers is not a big deal. Everyone knows that Lehman has always been an investment bank with relatively large investments abroad, and their influence in the United States is not very great.

    You must know that after the stock market crash on September 9, Lehman¡¯s U.S. assets have shrunk significantly from US$11.2 billion to US$2.5 billion, part of which is debt.  .  .

    Although there are also some investment institutions that are creditors of Lehman, such as Goldman Sachs.  Morgan, Paulson Hedge Fund, California Retired Public Employees Fund and several others.  But the debt relationship between them has become a mess, and these debts, which probably amount to hundreds of billions of dollars, were finally forgiven by the US government without a single word.  Because Thunderbird has promised to employ more than 10,000 employees in the United States.  .  .

    This is a big help to the U.S. government. You must know that since the outbreak of the financial crisis, the United States has fallen into an employment crisis. Many companies are busy laying off employees. If Lehman collapses, at least more than 25,000 people will be lost.  Americans are unemployed, and now they are promising to hire 10,000 people.  This can be regarded as a big favor to the government.

    After Thunderbird accepts Lehman Brothers, the company's name will be changed to Thunderbird Bank, but this bank will cease operations from the New York Stock Exchange and will no longer be involved in the investment banking industry from now on.  converted into a savings bank business.

    At the same time, Lehman¡¯s relationship network will be inherited by the new Thunderbird Bank, and their previous debts will no longer exist due to the bankruptcy of the former company.  But their network of relationships in Asia and Europe was inherited by the new Thunderbird Bank.

    And Thunderbird announced that they will continue to carry out some of their investment projects in Europe and Asia, and of course the savings business will also continue.  .  .

    In the eyes of many financial elites in Europe and Asia, this is just a resurrection played by the US government. They abolished the original Lehman in order to default on their debts.  Now there is a Thunderbird. How can such a bastard act be accepted?

    ¡°You broke our bill and now you want to make money from us?  How can this be?

    ¡°But when we think that the US government and behemoths like Morgan are standing behind Thunderbird, regulatory agencies in many countries have to retreat in their hearts. What can they do?

    Hold your nose and admit it!

    On this side, Morgan was also unambiguous. He turned around and invested in the overseas branch of Thunderbird Company. The two parties planned to join forces, especially in Asia and Europe. Now they are very short of money, and many projects are waiting for them.  Everyone is making money.  .  .

    Lehman's collapse frightened Merrill Lynch. Merrill Lynch's assets were larger than Lehman's. Their assets exceeded one trillion, and most of them were virtual assets. However, unlike Lehman, their assets  Most of the debt is in the United States, so it cannot be afforded.

    Originally, Merrill Lynch was very resistant to Morgan encouraging them to sell their investment bank, but now that they saw the fate of Lehman, they no longer dared to pretend to be 13. In a few days, they reached an agreement with Bank of America for a mere US$44 billion.  Packaged and sold his bank with over one trillion assets to Bank of America.

    Morgan also earned a lot of benefits from it, and Bank of America also got what they had always wanted, which was expansion from west to east.

    As a result, there are only two of the five famous investment banks on Wall Street. Bear Stearns was absorbed by Morgan and Merrill Lynch.?Sold to Bank of America, and Lehman was intercepted by an unknown Thunderbird Venture Capital.  .  .

    Now the only two companies left on Wall Street are Goldman Sachs and Morgan, and these two companies have been fully supported by this reshuffling feast. Everyone is full of fat, but they do look poor to the outside world.  We suffered serious losses in this financial crisis. From now on we will no longer play. We will only operate as a savings bank.  .  .

    On the other hand, due to the collapse of Lehman Bank, Republican candidate McCain's poll support plummeted by more than ten percentage points. He was originally far ahead, but now he is now significantly behind Obama.

    The American people don¡¯t think so much. It turns out that everyone supports McCain¡¯s election slogan and his arguments. He wants those rich people on Wall Street to take action. He will not use our taxes to save those Wall Street people.  of cysticercosis, the U.S. economy is indeed improving.

    But now, even Lehman Bank, which originally supported you the most, has collapsed. Who still believes the nonsense you say now?

    And Obama didn't stop either. If such a good opportunity is not used, it would be a shame for the conscience of the world. Look, the United States is like this. You, McCain, still don't agree to withdraw troops from Iraq, and you actually want to increase troops.  Is this how our American taxpayers¡¯ money is used?

    Can¡¯t you see that the people are in dire straits?

    As a result, the approval ratings of the two men immediately dropped. McCain was quickly losing popular support, while O'Brien was rising rapidly, and more and more Americans began to support his arguments.

    Looking at the ability of a large consortium like Morgan to turn clouds and rain in the United States, Jin Xiaoqiang could only sigh at their power. These capital tycoons are really not given in vain. They want to become a wealthy family like them.  , I really need to learn a little bit here.

    Lehman has already got it. In fact, the most valuable thing about Lehman is their headquarters building in Manhattan, their two data analysis centers, and their database.

    Now Lehman is no longer engaged in investment banking business. In the future, Lehman¡¯s business will mainly focus on savings banks.

    Although the competition in this area is very fierce, Lehman is also one of the top five investment banks in the United States. They have a very strong network of contacts and human resources in the United States, so after converting into a savings bank, these resources will soon be available  effect.

    ¡°And there is no shortage of money here. A lot of the funds earned during this financial crisis are lying in other banks. This is a very serious waste.

    Jin Xiaoqiang plans to inject this capital into this bank. In fact, the acquisition of Lehman is just a shell. After all, under the noses of Morgan and the others, it is difficult for such a bank to do much in the United States, but the key is  With the skin of Bank of America, and the support of Morgan and others, it will be of great benefit to Thunderbird Bank to officially enter China.

    Huayang Power has tens of thousands of employees, and the monthly salary payment of these employees, as well as the various investments of Huayang Power, are a lot of expenses, if this cash flow is operated by Thunderbird Bank  , that would be much more convenient, it¡¯s just a matter of changing the left and right hands.

    Finance and industry have always been a team of brothers who complement each other. In Jin Xiaoqiang¡¯s view, none of the banks in China can trust them, so naturally this wealth will not go to outsiders.

    And with the background of Thunderbird Bank, an American bank, there will be many projects in China to participate in in the future.

    Another point is that Lehman¡¯s financial relationships in Asia cannot be given up. They have been operating in Asia for decades, although in the eyes of many people their reputation is not as good as that of big banks such as Morgan Stanley and Citigroup.

    But their investment banks are very famous in economically developed areas such as Japan, Singapore, South Korea, and Hong Kong, especially their personal connections in Japan, which are not to be missed.

    Especially their cooperation with the Mitsubishi Consortium of Japan. You must know that Mitsubishi is the leading consortium in Japan. If it can connect with this line, it will be very beneficial to the future expansion of Huayang Power in Japan.

    ¡°And here, just when he was about to leave the United States, Ford couldn¡¯t stand it anymore and sent someone to come to the door. In the first two quarters of this year, Ford suffered consecutive losses.

    It lost US$2.26 billion in the first quarter, US$3.3 billion in the second quarter, and is likely to continue to lose money in the remaining third and fourth quarters, if nothing unexpected happens.

    General Motors and Chrysler are about to file for bankruptcy protection. Life is certainly not easy for Ford. Ford, which was still a top performer last year, has completely withered this time, and it is also selling off its stock.The sales attitude makes it easy to discuss everything you want, and everyone can sit down and talk slowly.

    But this time Jin Xiaoqiang was not free. He had to rush to attend this year's Frankfurt Auto Show. He had no time to care about your bad affairs, so the negotiation with Ford was fully entrusted to the former Ford manager.  CEO Mark.  Fields himself was already on a plane to Frankfurt.  .  .

    Rebirth of an Industrial Empire 844_Read the full text of Rebirth of an Industrial Empire for free_Chapter 844 Thunderbird Bank has been updated!

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