They are all reborn, and the grandson is still a spare tire

Chapter 326 The Hedge Fund Bankruptcy Wave

In the conference room, Yao Yuan was introducing his findings.

“The following are the large financial institutions that I am talking about that are mired in subprime loans and about to go bankrupt.”

"The first is Macquarie Bank in the beautiful country. This top-ranked bank in the beautiful country has caused huge losses due to its large holdings of subprime mortgage bonds."

"Several high-yield funds under this bank have also suffered huge losses. The amount of these losses is so high that the bank may declare bankruptcy protection procedures at any time."

"The second is the largest commercial mortgage company in the United States, Transamerica Financial Corporation. It has also fallen to the brink of bankruptcy due to huge losses and a plummeting stock price."

"The extent of its losses is far more exaggerated than that of Macquarie Bank, but because of its important position, the Federal Reserve may eventually inject capital to rescue it."

"The third target is the country's tenth largest residential mortgage loan company and a well-known real estate trust investment company, which is also on the verge of bankruptcy."

"In addition, there is BNP Paribas, France's largest bank, which has been deeply involved in the subprime bond market and has suffered serious losses."

"Although BNP Paribas has not disclosed relevant information, the paper cannot contain the fire. It is estimated that it will not be long before they are forced to make an announcement..."

Following Yao Yuan's words, everyone was shocked.

Before he could finish introducing the situation, there was an exclamation of exclamation.

"BNP Paribas is one of the four largest banks in the world. If there is a thunderstorm at BNP Paribas, the shock it will cause will be no less than the storm last night!"

"There is also the National Financial Corporation, which is also a behemoth, but it is expected that the National Financial Corporation will be hit by thunder, sooner or later!"

Listening to everyone's discussion, Yao Yuan smiled and nodded.

Then, he continued:

"In addition to these financial institutions in Europe and the United States, there are also nine major banks in Japan and five major banks in South Korea."

"According to my estimation, the amount of subprime loan bonds held by Japan's nine major banks is by no means less than one trillion yen, or even as high as several trillion yen."

"The amount of subprime loan bonds held by South Korea's five largest banks is also very staggering, but it is difficult to get accurate figures."

"Given the dog-leg status of Japan and South Korea, in order to reduce the huge losses caused by the subprime mortgage crisis, they are undoubtedly the most perfect successors in the eyes of the beautiful country."

"In other words, Japanese and Korean financial institutions are very likely to be forced to accept a large amount of junk bonds and toxic assets, and then let themselves fall into the abyss..."

While introducing the situation, he casually took out some information and data collected last night and distributed them to other members of the decision-making group.

Uncle Chen and the others took the folder and opened it one after another to check it out.

Looking at the detailed data, charts and in-depth analysis in the information, they all secretly admired it.

In the blink of an eye, the meeting had lasted for more than an hour.

After some discussion, everyone finally reached a consensus and made a decision.

Like the previous meetings, this decision was basically the action plan proposed by Yao Yuan, with very few changes!

No one has any objection to this action plan.

There is no way, who made Yao Yuan's predictions and judgments so accurate every time before!

Through the previous operations, the action team made a lot of money!

In this case, no one raised any objection!

In the next period of time, everyone will take action according to this plan and continue to wildly sweep wealth from the international financial market!

After finalizing the action plan, Uncle Chen immediately said loudly:

“Now that the action plan has been decided, we will start with Japan’s nine major banks and short these Japanese banks in an all-round way.”

"To be honest, I really want to see what kind of huge black hole is hidden under the superficial prosperity of Japan's nine major banks."

Everyone looked at each other quickly, and then all looked at the big screen TV showing the Japanese stock market!

At this time, the Nikkei Index was still falling.

Japanese financial stocks, led by the nine major banks, were the main force leading the decline.

It was around twelve o'clock that Yao Yuan left the decision-making team.

Just like when he arrived, he first put on a disguise and then took a response vehicle to circle around.

During this period, I changed another car and got off at a small street near the University of Hong Kong.

After getting off the bus, he, Gao Huan and the others walked along the street for a while, then met up with He Jiawei and the others and took the car back to Mid-Levels!

……

Soon, it was late July.

In the past ten days or so, the subprime mortgage crisis in the United States has intensified and spread wider and wider, reaching the verge of a full-scale outbreak.

The international financial market continues to plummet, and the stock prices of many financial institutions trapped in the quagmire of subprime loans have plummeted!

A series of major events also occurred during this period, which caused violent shocks in the international financial market.

On July 7, Bear Stearns reluctantly announced that its hedge funds were on the verge of collapse!

Immediately afterwards, four or five more Wall Street hedge funds publicly announced their collapse!

As soon as this series of explosive news came out, the international financial market immediately responded with a plunge.

On the day the news was announced, almost all financial stocks began to plummet. Bear Stearns's decline was as high as nearly 50%, and its market value was cut in half!

A lot of things happened during this period, which together made the subprime mortgage crisis become more and more out of control, causing more and more losses and impacts.

Taking advantage of these golden opportunities, the secret operation team continues to madly sweep away wealth in the international financial market!

In just a dozen trading days, the action group made another $700 billion.

So far, the secret operations team has made a huge fortune of more than 1500 billion US dollars in less than two months!

This result made everyone in the decision-making team of the group ecstatic and even a little scared!

Not only them, several senior executives who knew about this operation were also a little frightened when faced with such a terrifying speed of sweeping away wealth!

So much so that I personally called them to encourage and affirm them, but also to make the action team calm down a little.

Avoid attracting suspicion and special attention from the US government and the Federal Reserve!

Naturally, the action team had no choice but to obey orders and quickly reduce the scale of short selling and the amount of funds invested!

Even so, the action group's daily income is still stable at more than 20 billion US dollars, which is a very astonishing figure.

Just when the international financial market is in gloom and mist, A-shares have a unique scenery here!

As Yao Yuan said before, the momentum of the A-share bull market has not changed at all and is still rising unswervingly.

When the time came on July 7, the total market value of Yao Yuan's personal securities account holdings successfully exceeded the 25 billion mark and headed straight for 100 billion.

In his personal life, during this period of time, he enjoyed a lot of beauty, dealing with three beauties like a fish in water!

During this period, another thing happened.

Renyi's famous drama director Lin, brought his masterpiece "White Deer Plain" to Hong Kong Island to start the tour!

It premiered at the Small Theater of the Hong Kong Cultural Center in Tsim Sha Tsui, and the first show was a hit, causing quite a stir in the cultural circles of Hong Kong Island!

Yao Yuan, who brought this classic drama to Hong Kong Island, naturally became famous!

It's the end of the month, another late night.

in the living room.

Yao Yuan was sitting on the sofa with Da Mi Mi and Nui in his arms, watching an interview show on TVB.

The special guests of this interview show are the crew of "Women Women".

Since arriving in Hong Kong Island, Da Mi Mi and Ouyang Miaomiao have participated in many promotional activities besides performing, and this is the latest one.

Through these publicity activities, the popularity of the drama "Women" has rapidly increased, and it has become a household name on Hong Kong Island!

By the way, their popularity and worth have skyrocketed. Each one of them has become a star, and people are chasing them wherever they go!

Looking at himself in the talk show, Da Mi Mi proudly said:

"My dear, am I doing well?"

"But this host is so bold and dares to ask any questions."

Yao Yuan lowered his head and kissed Da Mi Mi, and then he was ready to answer.

At this moment, the mobile phone placed on the coffee table suddenly rang.

Seeing Laixian, Yao Yuan couldn't help but be a little surprised, and then stood up immediately.

"Honey, I have an important call to answer, please turn down the TV volume."

With that said, he took his mobile phone and went to the study room upstairs.

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