Reborn Financial Overlord

It is not surprising to think about it. All the securities markets in the world and the financial system are the most weighted. Now that Neon Bank, real estate, and securities have been suppressed by bad news one after another, insurance has become the largest proportion of the market. If you want to protect It is naturally easiest to stabilize the market by stabilizing the Tokyo Stock Exchange and promoting insurance.

Taking out a cigarette from his pocket and lighting it, Shen Jiannan took a deep puff, the violent ups and downs of emotions were suppressed, leaving only darkness and shamelessness.

"This is so interesting."

William answered in due time. "Boss, what do you mean?"

What else can I mean.

As a coercion, Shen Jiannan is well aware of how big a mine is buried behind Neon's insurance. It doesn't matter if it is normal, but now, Neon's bank, securities, and real estate have problems one after another. Once the insurance mine explodes again, it will be enough. The current neon financial market will be directly blown to pieces.

Now, someone pulls insurance protection, which shows that they also realize that the Tokyo Stock Exchange is in jeopardy now. It doesn't matter who pulls it, but the meaning behind it is very interesting.

"Wait, if the East Stock Exchange can't hold 20000 points, continue to add short positions."

Chapter 3 Stupid or Stupid

"Crack, crack, crack—"

Manhattan, Wall Street.

At three o'clock in the morning Eastern time, the sound of leather shoes colliding with the marble floor sounded in the corridor on the top floor of the Morgan Building.

In the dead of night, the sound was very loud in the empty corridor, the sound was very rapid, and the frequency was very uneven, indicating that the owner of the leather shoes was very unstable and excited.It was rest time at night, but the owner of the leather shoes hurried away, indicating that he must have been waiting for news that made him emotionally fluctuate, and this news could only come from the other side of the ocean.

The fact is indeed true, for this news from Neon, Anthony Gard and many colleagues have waited for four years.

In November 1988, the neon stock market tripled in five years. According to PE calculations, Anthony Gard, who is the head of the investment department of Morgan Stanley, believes that the neon stock market has still peaked.

Anthony Gard had a good reason.

The logic of the rise of the neon stock market, one of the most important ones, is based on the form of neon goods’ global aggression. With low prices, neon cars, refrigerators, air conditioners and even daily necessities are all over the world. Exaggeration can explain everything, as long as there are people, there are neon products.

Because of the abnormal flooding of the yen, the exchange rate of the yen has been maintained at a very low level, so the neon stock market has been soaring all the way.

But all this came to a halt in 1985.

In 1985, the European and American economies were once dragged into the abyss due to the impact of the Cold War. Coupled with the impact of cheap neon goods, the economies of various countries were even worse. In order to curb the crazy aggression of neon, the four countries continued to exert pressure. The restaurant signed the dollar depreciation agreement.

In the past two years, under the leadership of various countries, the US dollar began a journey of depreciation, and the yen appreciated rapidly.

In 1987, due to the rapid depreciation of the U.S. dollar and the instability of the global exchange rate, the finance ministers and central bank governors of the seven countries reached an agreement at the Louvre in Paris to take joint measures to prevent the decline in the value of the U.S. dollar at that time and maintain the basic stability of the U.S. dollar exchange rate.

As a result, the yen appreciated rapidly again, from 420 to 210, doubling its cumulative value.This means that the settlement of neon goods in global dollars has doubled the price.Price increases and sales will inevitably decline, but for the local neon manufacturing industry, profits have not increased.Judging from the data at that time, in the past few years, Neon's trade surplus has reversed, and the stock market is also at a PE of thousands of times.

Anthony Gard believes that Neon's stock price has still peaked.

His judgment and reasoning have been supported and recognized by most of his peers. After many investigations and discussions, he formulated a comprehensive short-selling plan, stock index put options.

The so-called stock index option is a derivative financial product based on a stock index standardized contract.

The option buyer pays the option seller an option fee to obtain the option to buy or sell a certain stock index contract at a certain price level, that is, the stock index level, at or before a certain time in the future.

Theoretically, the profit of the subscription buyer is unlimited. When the market moves in the direction of the buyer's subscription, unlimited profits can be obtained, while the income of the seller is limited. The maximum profit is the premium paid when the buyer subscribes in the wrong direction.

Yes, it looks like a stupid investment.

Assuming that the premium of the call option is one dollar, then theoretically the maximum profit of the seller is one dollar, while the maximum profit of the buyer is theoretically unlimited.

Is it stupid?

Maybe really stupid.

Because there is a belief in Neon, which is almost religious and persistent. It is impossible for the red stock market to fall. In the 1987 crash, Neon could hold up the global financial market. close.They feel that there is something very special in their market, in the whole people, that can make neon go against all the laws that exist everywhere in the world.

This is an intoxicating neon dream. In the pursuit of the [-] mark in all neon, Morgan Stanley joined hands with Salomon Brothers and other investment banks to enter Neon and found major local insurance companies in Neon. companies, and tout their new product, stock index call options.

Even in order to increase the credibility of the stock index call option, the major investment banks went around the Danish king to ensure its gold content and credibility.

As a result, it is naturally a big seller.

In the words of the former Prime Minister of Neon, Americans are an inferior race and extremely stupid.

From the point of view of the major insurance companies of Neon, there is no more stupid investment than selling stock index put options.

If the stock market rises, give one hundred, if the stock market falls, you will lose one.

Such a stupid business, of course you have to buy it.

Then...Neon’s major insurance companies bought the stock index options launched by Morgan and Solomon, and the major funds and trust companies of Neon also bought huge stock index options.

The reasons are different. From the perspective of major insurance companies, this is a profitable business with no loss. For major public funds and trust companies, this is a good hedging tool for financial products. When the stock market rises, the stock positions held by trust institutions and funds can bring income. If the stock price falls, the purchased stock index put option will perform, and you can get compensation from major foreign investment banks.

It turned out to be a really stupid investment.

Anthony Gard, Morgan Stanley executives, Salomon Brothers and many colleagues did not expect that the horror of neon has exceeded normal economic theory.In the agonizing wait, Salomon Brothers unfortunately reached the brink of bankruptcy in 1990.

Due to the wrong risk estimation, the stock index call options sold by Salomon Brothers exceeded the company's tolerance, and the loss was as high as 100 billion U.S. dollars, so it could only be acquired by the Traveler Group.

In the mid-80s, it became a giant on Wall Street and an empire in the financial world. No one expected that Salomon Brothers would sink under the neon lights, and what was worse, sank before dawn.

Loss is suffering.

For four years, one by one of his peers went bankrupt or was annexed due to market risks. Anthony Gard suffered so much in his heart.

Now, the four-year wait has finally come to receive the triumphant moment.

"Crack, crack, crack—"

Anthony Gard took excited steps and stopped at the door of the president's office.

The lights in the office were still on.

Who would have thought that in the eyes of outsiders, Wall Street represents extravagance, money and depravity. Overtime work is only a daily routine, and staying up all night or even 72 hours without sleep is common.

Knocking on the office door, Anthony Gard straightened his collar and walked in.

"James, news from Neon."

Chapter 4 (Revised)

Rockefeller Investment Banking Division.

The chief intelligence officer of the Intelligence Department, John Nelson, knocked on the president's office with a document. He opened the door and walked in after hearing the invitation.

In the office, Andy Horton put down the coffee in his hand and looked at the documents in John Nelson's hand with great interest.

"John, let me guess, it must be good news, right?"

John Nelson smiled: "As you expected."

"what news."

"ball is on!"

John Nelson said, and handed the intelligence analysis to Horton.

It is not a very thick document, but there are Japanese, English, original intelligence data, and logical basis for analysis and speculation.

Andy Horton's fatigue was swept away, and his whole body became excited.

In the early 70s, oil-exporting countries raised oil prices and caused the second oil crisis. The economic golden development of developed countries in Europe and the United States in the 70s came to an end. With the surge in energy prices, the U.S. government ran a serious fiscal deficit, which in turn led to serious inflation.The Federal Reserve raised interest rates three times and implemented a tight monetary policy in anticipation of economic recovery.

However, high interest rates attracted a large influx of overseas hot money, causing the dollar to soar.This directly led to the US government's fiscal deficit breaking through 1 trillion US dollars, creating a historical record.The U.S. economy is in trouble, and the stock market and real estate industry continue to slump. In the Great Depression, investment banks and the real estate industry have faced crises one after another.

In 1988, the U.S. real estate industry collapsed under the rapid appreciation of the U.S. dollar, and a wave of bankruptcy came. The well-known real estate company Shippu Group also fell into a state of annual losses of one billion U.S. dollars during this period. The chairman was even forced to limit consumption. Lunch should not exceed ten dollars a day.

Also deep in the United States, Rockefeller's life was not easy. In order to solve the financial crisis, he had to liquidate his assets to tide over the difficulties, and sold the Rockefeller Center Building on Wall Street, which symbolizes wealth.

Wall Street, the financial center of the United States, has already surpassed a street in the United States, surpassed Manhattan, and surpassed New York, because in the hearts of Americans, it represents the United States.On this short street, the surface building Rockefick Center represents Wall Street.

The Rockefeller Center was bought by Neon Mitsubishi Group, which is a great shame to the Rockefeller family, Wall Street and even the United States.

Now, here's your chance.

[-] points in the Eastern Stock Exchange, insurance protection, like a shark smelling blood, Morgan, Rockefeller, Goldman Sachs... the world's top contributors moved almost at the same time.

Because there is a logic that is very clear.

On the battlefield, the battlefield that needs support must be because the situation of the war is unfavorable. The Eastern Stock Exchange has funds to intervene in the market during the continuous sharp decline, which only shows that the current environment is very unfavorable for the Eastern Stock Exchange.

Banks, securities, real estate, and insurance are the four pillars of the global financial market. Now that Neon Real Estate has caught up with the bank, the securities have a crisis of trust, just like a high-rise building. The blasting point has been found, and the most critical line is waiting to be detonated lead.

No country in the world has more faithfully and actively supported the fiscal deficit and huge spending policies of the Reagan era than the former enemy of the United States—Japan. Even Germany has never unconditionally satisfied Washington’s demands—— William Engel

Later, many people have heard this ironic statement.

Countless economists and financiers were moved by the stupidity of the neon cabinet and the Ministry of Finance when they studied the peak and recession of the neon economy in the 90s.

The Plaza Hotel signed the agreement, and the Louvre Museum signed the agreement, pushing itself into a dead end step by step. In the country's economic recession and even turmoil, the yen continued to evaporate to maintain the dollar's rise.

Stupid can't reach it!

It's like a drama.

But......Standing outside the chessboard, Shen Jiannan is well aware of how difficult it is for Nihong to reach the end step by step. The heroes are chasing "coins", and the internationalization of the yen is both helpless and tragic.

Osaka, Capital One.

Looking down at the entire city from a high altitude, the pedestrians on the street become very small, as small as ants crawling on the ground.

Shen Jiannan stood in front of the window, looking indifferently at this city that can be ranked among the top five in Asia.

Streams flow into rivers, rivers flow into rivers, rivers flow into rivers.

When the billowing river roars, manpower cannot stop its mighty power at all.

His intuition told him that dazzling fireworks will soon appear in the sky above this gorgeous city. With the sensitivity of the world's major capitals to the market, how can they fail to grasp the most critical factor in this series of logic.

Banking, securities, real estate, insurance.

The three have been corrupted, and the initiative of insurance is in the hands of those foraging.

Economic giant, political dwarf.

When Neon participated in that war and failed, when the internationalization of the yen impacted the dollar, when the Cold War was defeated by the victory of the United States and the Soviet Union, everything was doomed.

No matter how the situation changes, the fate of neon has long been doomed.

If you must pursue the real reason, it is still because of the war of hatred between the family and the country.

A loser must have the consciousness of a loser.

Unbelievably high.

Shen Jiannan stood in front of the glass curtain wall and looked down at the whole of Osaka, which made Zheng Zheng suddenly think of the words "too high to be cold".

It's a weird feeling.

Obviously Shen Jiannan was there, but there seemed to be something missing.

Zheng Zheng couldn't understand.

In his eyes, with everything that Shen Jiannan has now, the princes and generals in ancient times are nothing more than that, but unfortunately, Shen Jiannan's smell of being isolated from the world is getting stronger and stronger.

"Bang bang bang!"

The office door rang suddenly.

It's William, he said excitedly as soon as he entered the door.

"Boss, there is news."

"what news?"

"..."

Morgan Stanley submitted the 1990 annual statistical data to the US Securities and Exchange Commission (SEC). The data shows that in 1990, Morgan Stanley's global expected total profit was 17 billion US dollars, the market-making loss of foreign exchange products was 3.2 million US dollars, and the stock market income was about Three hundred million dollars.

The expected income is mainly in the Asian region, and more than 70.00% of the profits come from the stock index put options sold by the neon market.

According to a Morgan spokesman, Sompo Holdings and Dai-ichi Life Insurance subscribed for the company’s US$40 billion stock index put option, which is expected to bring Morgan Stanley a maximum profit of US$40 billion based on the current price of the Topix index.

Similarly, Goldman Sachs Group did not publicly disclose the profit and loss report of the previous year. In the global profit and loss data of Goldman Sachs Group, energy trading losses accounted for 13.00%, ranking the highest loss. The expected return of stock index put options in the Asian region accounted for 60.00% of the profit, ranking first. Most profitable.

After hearing the news from William, Shen Jiannan raised his eyebrows and picked up his coat.

"Brother Zheng. It's almost time for school. Let's go, let's go there now."

William, who was full of excitement, looked confused.