"Mr. Patrick, please quickly expose this document through various media and information channels!" Cui Xianshi said, "A minute and second are precious at this moment. We are thinking of ways. The bulls must also think of ways, so they can't take the lead."

"Okay, come and notify the chairman, and I will send the documents immediately." Patrick nodded.

After the two of them divided the work, Cui Xianshi hurriedly notified Su Yue about the matter.

After listening to Cui Xianshi's report, Su Yue hurriedly said: "Let's bomb Lehman Brothers in all aspects. A comprehensive credit crisis should be triggered by it."

"Mr. Patrick, it's already being arranged." Cui Xianshi said.

"Okay!" Su Yue smiled and said, "The debate news on the US Senate cannot be let go. We must increase the intensity of reporting to attract more short funds to enter the market, so that more profitable positions can be closed."

Cui Xianshi responded and immediately turned around to make arrangements.

Ten minutes later, when Goldman Sachs chairman Enoke was on the phone with US Secretary of Energy Selt Child, trying to convince Child.

In the market, the profit and loss data report of Lehman Brothers' capital market business unit last month.

And the so-called loss of 7.5 billion yuan was removed from the balance sheet and concealed all the comments of investors, and began to rapidly impact major financial forums and news discussion communities.

"This is true...fake? This is too exaggerated!"

"It doesn't seem to be fake, but I don't know who is leaking the news. I have a loss of $7.5 billion a month, and I want to conceal it and not disclose it in the short term. This is a violation of the disclosure regulations. If everything is true, Lehman Brothers will probably be finished. Investor runs and regulatory agencies' inquiries and investigations will definitely not be escaped."

"It's like a Lehman Brothers insider, it's really a big deal!"

"Fortunately, I don't hold Lehman Brothers' shares, let alone its related bonds, otherwise it would be miserable."

"From the stock price trend that has been falling continuously, Lehman Brothers is destined to have big problems. Judging from the profit and loss data, they have invested too much in the cdo and cds markets, and they are currently holding real estate investment projects that are still under large-scale impairment."

"It's really unknown whether this large financial group can survive the storm."

"Damn... I thought the 17-yuan Lehman Brothers was cheap enough. Now, the valuation is still in the sky. Lehman Brothers are probably insolvent."

"Hey, both net assets and price-to-earnings ratio are extremely paralyzed."

"If Lehman Brothers cannot lend huge amounts of funds and quickly resolve the current crisis, this huge capital empire is destined to collapse."

"The key is that there is no sign of bottoming out in housing prices."

"If housing prices do not bottom out, the ‘subprime mortgage crisis’ will further deepen and spread, and the losses will continue for many projects invested by Lehman Brothers."

"It's over, I still hold their stocks and funds."

"Sell short, redeem... Regardless of whether the news is true or false, the risk of Lehman Brothers is indeed very serious."

As the news spread, fierce discussions suddenly became popular, and Lehman Brothers' stock price also responded quickly, from above 17 yuan to around 15.5 yuan in an instant, falling nearly 10%.

Within Lehman Brothers, the head of capital market business and chief investment officer, Melan Nickles, is in a hurry at this moment.

"Nicles, you... tell me, who broke the news?" Richard Ford, president of Lehman Brothers, shouted at Melan Nickles in anger, "Do you know what this news means to our group? It means life and death, life and death... do you know?"

Millen Nickles endured Richard Ford's roar, his face looked very ugly, and he was silent for a while before saying: "President, we should immediately denied the rumors at this moment, and then investigate who leaked the secrets and how to deal with the leakers."

"Do you still need to say this?" Richard Ford said loudly, "The Marketing Public Relations Department is already responding, but... do you think in this case, even if you deny the rumors, how many people believe it? Funds, funds... I asked you to withdraw from the cdo and cds markets in full, how much funds are currently withdrawn?"

As long as internal funds are sufficient, investors can support the first wave of redemption runs.

Then, today's market revelations will naturally be included in the romance.

"It is...it is stepping up its exit," said Melan Nickles. "The market liquidity is really poor. We withdraw only more than $2 billion in withdrawal regardless of the cost of loss."

Richard Ford was stunned when he heard this number, and he felt unbelievable.

"Why is this a little bit?" Richard Ford frowned. "Do you think this amount of funds can deal with our crisis?"

"Even a wave of redemption shocks for investors is not enough."

"Since that's the case... then sell the positions in WTI crude oil futures. The current liquidity in this market should be the most abundant."

"Sell the positions in WTI crude oil futures?" Millen Nichlus widened his eyes. "President, the main long institutions of various departments are currently encircling and suppressing short positions. Mr. Enoke, chairman of Goldman Sachs Group, is on the phone with Minister of Energy Mr. Selt Child."

"At this time, we close positions on a large scale, which is tantamount to betrayal."

"And... it's only a last shot before defeating the main short-seller led by China Capital. It's a pity to withdraw at this time."

"The capital chain within the group is almost completely broken. Is it useful to think so much?" Richard Ford said sternly, "Exit, exit...it is the most important thing to survive first."

While the two were talking, Bart Braden, CEO of Lehman Brothers' investment banking business, had quickly entered and said anxiously: "President, all departments of my investment bank, depositors, and investors are transferring funds on a large scale, redeeming their own investment funds, etc."

"The net outflow rate of our bank's internal funds is increasing rapidly."

"Look, look..." Richard Ford glared at Melen Nichlus, "Immediately, immediately... I will withdraw all my positions in WTI crude oil futures and recover funds as quickly as possible. I have to be shameless and go to various places to seek new financial support in person."

Millen Nickles looked at Richard Ford's angry gaze, and in desperation, he could only nod and agreed.

With the rapid response within Lehman Brothers, the statement of refuting the rumors was quickly issued in the name of the group announcement. However, this announcement did not provide a detailed explanation for the monthly profit and loss data that was circulating in the market. The statement of refuting the rumors was obviously not confident enough.

At the same time...

After this lack of confidence in refuting the rumor was released, the market's panic selling of all Lehman Brothers' investment assets was not only not curbed, but instead became more and more intense.

And, many financial institutions that hold Lehman Brothers’ assets on a large scale.

At this time, it was run by many investors.

The risk crisis spread rapidly, with Lehman Brothers as the core, spreading towards the entire financial system. The bond market derivative market, cdo, cds trading market, instantly fell into a plunge again.

The plunge in derivative trading markets has caused risk speculation to cool down.

Funds further poured into the treasury bond market, and the yield on treasury bonds continued to fall. WTI crude oil futures, which had just soared, closed their positions, and short funds pouring in off-market began to rise further and continue to suppress the $138 defense line that the bulls wanted to maintain.
Chapter completed!