When I am reborn in Hong Kong, I just want to lie down

Pacific Rim set an example when it came to solving the mortgage bond problem and thought it was a good way to solve debt. But what they didn't know was that they couldn't learn this trick.

When Pacific Rim sells bonds, it does not end up on its own. It sells bonds through small and medium-sized investment banks. If the individuals or organizations that purchased the bonds do not agree, then those small and medium-sized investment banks will go bankrupt and liquidate for you to see.

These small and medium-sized investment banks or financial institutions are just like the tentacles of the Pacific Rim Group outside and can be cut off at any time.

Some companies tied to real estate-backed securities enjoyed a rare rally, believing they had found a cure.

Jennifer was in a hall full of LCD screens. Below those screens, there were densely packed people. They controlled the computers in front of them and were buying and selling some stocks.

Of course, no matter how fast the people here are, they cannot be faster than computers, but this is just a command center, and what is really running is the supercomputer in the basement under this building.

That computer, directly connected to the New York Stock Exchange next to it, was performing quantitative trading on those transactions.

Since last year, a large number of quantitative funds have been liquidated. Because of the uncertainty caused by the sharp rise and fall, this kind of emotionless trading based on models and big data analysis was eventually defeated by a large number of selling.

So why does Li Bu engage in quantitative trading?

His idea was that a machine could use a mathematical model to calculate which stock had an uptrend, and then it would slowly buy upwards and directly rise; when it determined which stock had a downtrend, it would borrow securities for shorting.

However, these computers were greatly increased or decreased, and calculation deviations occurred, causing those quantitative transactions to liquidate.

Li Bu believes that the judgments of those computers are somewhat one-sided, and they lack people to add some key things, that is, the impermanence of people's hearts. He is now equipping the supercomputer in the basement with people to interact with the computer.

Today, those traders who sit in front of computers and assist traders analyze from supercomputers that more than a dozen companies such as Lehman Brothers, AIG, Freddie Mac and Fannie Mae will rise because of the influx of large amounts of money. This caused these companies to rise, so the super computer gave a buy signal.

Next to this hall, a group of people looked at the scene in front of them and came to the conclusion: "If the federal government does not rescue the market, these companies will be finished."

At this time, the resolution process reported by Pacific Rim on the screen made everyone excited. They believed that the North American subprime debt crisis could be solved by buying back all the debt at a [-]% discount.

To put it another way, it’s like being a rogue, borrowing ten yuan and giving back two yuan. How can you do this unless you don’t want to come?

At this time, the federal attitude was ambiguous and its attitude towards rescuing the market was not positive.

Therefore, although a large number of buying orders pushed up the stock price that morning, a large number of selling orders slowly began to appear, and more and more will appear. From the perspective of bystanders, a large number of short orders appeared. , the long and short sides are fighting fiercely, one side wants to drive the other side out of the market.

As early as the past three years, Lehman, AIG, Freddie Mac, Fannie Mae, Bear Stearns, and many other financial institutions that everyone is unfamiliar with have also been promoted subprime remortgage bonds. At the beginning, They bought more.

Some bonds have no underlying purpose at all, just to defraud money.

Jennifer knows that those bonds cannot be investigated. Once they are investigated, the source will be found. Then there will be problems between her and Pacific Rim. Even if they are fine in the end, they will be criticized.

The long and short battle has been fierce for nearly a day, and the New York Stock Exchange has stopped its hustle and bustle for the day because of the last rays of the sun.

"Isn't it too risky to invest such a huge amount?"

Jennifer asked Li Bu next to her. She felt that Li Bu's idea was too crazy.

"It's okay. Anyway, that's the end of the matter. There are some things that someone will do if you don't do them. We just do them first and it will be fine."

The next morning, there was news circulating on the exchange that the creditors were unwilling to sell at a [-]% discount.

The victims who bought these subprime debts were so angry that they actually wanted to buy their debts at a [-]% discount unless they went bankrupt.

Especially for island countries, those 10,000 billion+ yen bonds make them want to live and die. They will never compromise unless there is pressure from the mysterious power of North America.

That day, driven by panic, all stock prices fell across the board, including those of well-known companies.

The Federal Reserve has begun to prepare for easing and will also cut interest rates.

Unlike other investment banks, Pacific Rim's foundation is quite stable. As for why it is so stable, it is because it has US$500 billion in gold stored in the underground vault of Swiss EFG Bank.

This was that year, after Pacific Rim liquidated its overseas assets, it did not return to the headquarters of Pacific Rim Group. Instead, it used the money to purchase $250 billion in gold at around $120, and then deposited it all in EFG Bank.

As the crisis deepens, the price of gold is also rising. This amount of gold is a huge amount of money that is not recorded in Pacific Rim's accounts, and is only known to those in power in the past.

Except for Jennifer, everyone else who knew was unfortunately killed in the last attack.

As Li Bu said to Jennifer: "This money will be left to our children. When they can't run Pacific Rim, this money will allow them to have food and clothing without worries."

If you can continue to operate and hold the token, you can directly loan 9% of the market value of gold at that time.

Some large international companies often purchase antiques and various famous paintings. This may also be the reason. When they need cash, they can use antiques or famous paintings as collateral, or give them to galleries. As for what they do, they don’t know the intention. of.

No matter how happy we were with yesterday's rise, we will be as miserable as today's fall. Now it's time to panic.

"Close the Internet cafe and start closing positions."

AIG, for example, has fallen to more than ten dollars, a loss of 70%. This situation is also happening in other companies.As for why the network is closed now?

She was afraid that the real predators behind the scenes would take action, because this situation would happen again in the next few days. After closing the position at more than ten dollars, Jennifer did not order to attract funds.

"When AIG is below ten dollars, you can accumulate funds freely. If it exceeds ten dollars, don't worry about it."

"Continue to short Lehman, and this company is about to die."

The traders and analysts below immediately mathematicalized the collected information and entered it into the computer.