If you cheat, money will follow

SEC.

"Ms. White, Ms. Yellen from the Federal Reserve would like to meet with you."

White is a positive and optimistic woman, but now she is much haggard and has a sad look on her face.

In just a few days, she, a woman, faced verbal and verbal criticism from the media and the same overwhelming criticism and criticism from investors.

She knew in her heart that she was not wrong, but she was wrong.

The D.C. federal court motion has merit, but it’s also absurd.

According to the available information, there are no problems with Leda Investment’s transactions in the US stock market, and it is as clean as a piece of white paper.

If there's one problem, it's that they make a little too much money.

Make some people dissatisfied.

White took a car to the Federal Reserve on Wall Street and met with Ms. Yellen, the chairperson.

Yellen is a good woman, and when the president suggested she go meet the somewhat brash Ms. White on his behalf, she agreed.

"Madam Chairman, nice to meet you." White came to Yellen's office and forced a smile.

"Sit down, this situation is indeed a bit bad for you," Yellen said.

"Yes, thank you for your understanding. I haven't been sleeping well these days." White nodded.

"I can see that. You don't have to be formal. We are not in a superior-subordinate relationship. I am just entrusted by the president to come and talk to you and understand some situations." Yellen said.

"A commissioned meeting?" White's heart sank and he felt even worse.

Is the matter already that serious? Do I need an agent for every meeting?

"Yes, commission. Ms. White, why would you take such an extreme measure of freezing? I believe you have considered the consequences before making your decision," Yellen said.

"Yes, I had expected some negative effects, but I never thought the situation would be so bad. Global investors seem to be standing with Lucda Investment. This is ridiculous." White said.

"No, they are not standing together. They are just protecting themselves to avoid becoming the next person to be frozen. No one's butt is too clean," Yellen said.

"Maybe. However, the freeze is mainly based on the decision made by the DC Federal Court. Although I personally disagree..." White shrugged and turned the fire on the other party.

"Oh? Let me tell you some news that may disappoint you. Just now, the DC Federal Court has decided to withdraw the lawsuit. They reacted faster than you." Yellen curled her lips and said.

"SHIT..." White used this word to express the emotion.

"I want to remind you, Ms. White, that the SEC is not the SEC of the federal court in the District, nor is it the SEC of the greedy hedge funds and short-selling institutions behind it. It should be the SEC of investors across the country and around the world. It is fair, just, and open. first principles.”

"Yes, Ms. Yellen, I have always done this, but this time I may not have thought enough."

"Now that you know you haven't thought enough, what are you going to do next?" Yellen asked.

"The freeze can only be lifted without conclusive evidence." White sighed.

It has only been five days since the freeze was lifted, and I am slapping myself in the face.

"This is a very good choice. I have read relevant information. Leda Investment is indeed very sensitive in the market, but it has only made more than 400 billion US dollars since entering the market, and invested in three other companies to share the growth dividends." Yeah. Lun said.

"We suspect that they have other accounts. According to the speculation of relevant agencies, the funds they earned by concealing their identities may be very large." White said.

"Institutions, which institutions? Hedge funds? Or those greedy short sellers? They always exaggerate the facts. They even shorted their own country in 2008, and there is solid evidence of this."

Yellen has been very disinterested in these institutions since she took office, and she is even more dismissive of those rumors.

There are rumors in the market that during the financial crisis in 2008, Leda Investment seized trillions of dollars through various anonymous accounts.

This is ridiculous.

How much money did the Fed print?

Is the Federal Reserve conducting a private placement of currency for Leda Investment?

The evening of July 8.

The SEC issued an emergency notice announcing its decision to lift the asset freeze and account ban on Leda Investment.

SEC explanation:

"There is currently no evidence to prove that Lucda Investment has illegal transactions, market manipulation, or endangered national security. The motion filed by the District Federal Court seems absurd."

While the SEC slapped itself in the face, it also slapped the District Federal Court.

Interestingly, in the SEC announcement, the staff deliberately bolded and blackened the name of the District Federal Court as a hint.

When the news spread back to China, the word "thaw" quickly ranked second on the hot search list.

The first one is naturally "circuit breaker".

"That slap in the face is really loud!"

"You are long European stocks, he is buying the bottom of U.S. stocks, and I am heavily invested in big A. I am the happiest person."

"These five days were so exciting. We actually became witnesses of history."

"There should be a lot of people queuing up on the rooftop for the U.S. stock market these days, right?"

"The rising logic of U.S. stocks has not been destroyed. It will continue to rise after the short-term panic."

"We must be wary of Big A repeating the tragedy in the second quarter and strengthen supervision of hot money."

Late at night, in the capital, the Development Committee.

Chang Xueqin received the call and rushed to the Development Committee.

Director Liu Xiangdong was already waiting for him at the gate.

"Xueqin, come in, we are leaving soon."

Chang Xueqin got into the car and the car drove away quickly.

"Comrade Xueqin, how have you been feeling in the past half month?"

"I'm still trying to learn and adapt, and it feels very different from where I am. You can boldly venture into places, but not here. You need to be more cautious."

"Yes, you mentioned the most critical point. You must be cautious when it comes to ministries and commissions. Any omission is not a small problem and will affect the whole country." Liu Xiangdong nodded and said:

"However, I believe you are qualified. You have worked hard in the local area in the past few years and have unique insights into local development. I hope you can inject new momentum into the Investment Department."

"Thank you, Director Liu, I will do my best."

Liu Xiangdong continued: "Tonight is an impromptu executive meeting held by the leader. The leader specially named you to attend. Please explain to me first so that I can deal with it easily."

"Hmm..." Chang Xueqin thought for a while and said:

"Director Liu, within our scope of responsibility, we can take advantage of this opportunity to invest in a number of infrastructure projects and consume some of the hot money. For example, large-scale projects such as rail transit, high-speed rail, and bridges;"

"In addition, it can be suggested to expand the coverage of housing reform policies to reduce inventory and lock in hot money while changing the appearance of a number of cities."

"Finally, in the stock market, you can appropriately reduce a batch of holdings to reduce the market heat and prepare for various situations."

Liu Xiangdong didn't speak after hearing this.

He nodded slightly, tapping his thigh with his hand, thinking.