Society owes me a brother

According to the information provided by Lu Heng, after collecting information and making detailed data analysis, Lu Chi adjusted his short-selling plan—adding HF Bank, Bell Bank and New Century Financial Corporation to the short-selling targets.The former two are large international banks that have stood in the global financial field for many years, and the latter is the second largest subprime mortgage lender in the country.

Lu Chi's actions quickly attracted the attention of partners Locke Group, Eric Assets and other Wall Street counterparts.

Old Locke and Eric Weiss called Lu Chi at the first time and asked Lu Chi why there was such a big movement.Lu Chi dumped a lot of data and formula derivation on the phone at will (of course it cannot be said that Lu Heng gave him the inspiration). Allies have always trusted Lu Chi's acumen in data and financial reports, but there is no other aspect. suspicion.Just remind Lu Chi not to make any side effects, so as not to startle the snake.

Even so, everyone knows it.The matter has come to this point, the outbreak of the subprime mortgage crisis is inevitable. With the resignation of the person in charge of AIG, Rock Group and Eric Assets have successfully signed a huge insurance policy with AIG, and the scapegoat they chose has also been safely included. .So all they need to do now is to wait patiently.

Although Lu Chi's big move will cause speculation and anxiety from the outside world, but since Lu Chi has been pessimistic about the issuance of subordinated bonds since the summer of 05, this action is just an enlarged version of Lu Chi's insistence on his own point of view , People who know the inside story don't care.

As for some of the targets being targeted by others - in Old Locke's view, the overall situation is settled, even if some people can react.At this point, it's useless.

So the phone call to Lu Chi, to a large extent, was just a little dissatisfaction with Lu Chi, a partner, who acted without authorization.However, this kind of dissatisfaction is not easy to express. After all, Lu Chi and his Leap Deer Fund joined this cooperation as an alliance, not a vassal or subordinate of the Locke Group.In addition, when it came to the trading stage, the Locke Group had to rely on Lu Chi's exquisite trading methods, so Old Locke could only hold back this delicate mood in his heart.

As for Eric Weiss, his thoughts are relatively pure.From the very beginning of the cooperation, the Wall Street tycoon has placed great trust in Lu Chi's ability in data analysis and short-selling.Knowing that Lu Chi has added a short-selling plan to New Century Financial Corporation and HF Bank this time, Eric Weiss just wants to share a share of the soup.

To put it simply, it is to consult with Lu Chi about the risks and yields of shorting New Century and HF Bank, and after weighing, let Eric Assets also add this shorting feast.

Just as Leap Deer Fund and Eric Assets teamed up to go short, the news that Lehman Bank and Qi's Group would jointly issue mini-bonds in Xiangcheng and Southeast Asia also spread on Wall Street.

Faced with the desperate struggle of some people, Lu Chi and Eric Weiss were also extremely speechless.The time has entered April of 2006, because of the fanfare of the Leap Deer Fund and Eric Assets, coupled with the frequent reports published by Lu Chi, the popularity of subprime mortgages in this life does not seem to be as hot as Lu Heng described. .Many Wall Street colleagues trust Lu Chi, and they are secretly choosing to wait and see.There are also many other forces secretly planning to short-sell the real estate market in country M.Everyone is fishing in the troubled waters of Wall Street, and the situation is changing rapidly.Therefore, Lu Chi obviously has nothing serious to do here, and he dare not leave Country M, lest something really go wrong and catch people off guard.

However, after Lu Heng and Wei Linxuan attended the Oscar awards ceremony and follow-up party, they were going back to China for the New Year.So Brother Lu Chi was stunned to find that he was the one left, so he could only return to New York with the money. By the way, he called together Zhuo You, who stayed in Silicon Valley, and Xing Yuan, who hadn't played in the recent period.It can be regarded as the left-behind children celebrate the New Year together.

In Lu Chi's view, this year is actually quite boring.Without the company of his family and without the company of Yue Bin, he has to be busy with work and stare at the computer screen every day.Not long after the Chinese New Year, the world's first online financing platform, First Financing, just established, also had some problems.

"...According to the financial policies and regulations of country M, only officially registered brokers are eligible to act as an intermediary between entrepreneurs and investors and draw commissions. Some relevant departments approached the first financing before, and they thought that our website did not This intermediary qualification cannot be a bridge between entrepreneurs and investors, nor is it eligible to charge commissions. So they want to block our website in accordance with relevant laws..."

The current website managers of the first financing—Tom and Jack, and the head of the investment department of the Leap Deer Fund who are in charge of contacting the website affairs stood in front of Lu Chi holding a stack of materials, and said with a sad face: "Boss, even though you said so It's a bit irresponsible, but looking at the posture of those people, I can suspect that those people are deliberately targeting the first financing, or even..."

The person in charge of the investment department of Yuelu Fund looked at Lu Chi with his eyes, and the express meaning was very obvious.

Hearing this, Lu Chi frowned, his eyes glued to the computer screen moved slowly, and fell on the face of the head of the investment department of Leap Deer Fund: "You mean, Washington is deliberately targeting me?"

The person in charge of the investment department of Leap Deer Fund nodded, and said with certainty: "Of course, if interpreted according to relevant policies and regulations, the website of First Financing does not have relevant financing intermediary qualifications."

Having said that, everyone knows it well.In all exchanges and cooperation in the mall, there are not so many concepts of whether Ding is Dingmao or Mao.Everyone is your accommodation, and I will cooperate.If it doesn't work, then use the market law to speak - the relationship between supply and demand, exchange what is available!

However, it specifically fell on Lu Chi... As we all know, their boss has been prosperous on Wall Street for so many years, and the relationship with Washington is still a little bit stiff——

All right!The person in charge of the investment department of Leap Deer Fund pushed his glasses, but he didn't want to speak against his will.The relationship between their boss and Washington is actually very rigid - as far as he knows, their boss has been in country M for so many years, and it seems that they have never even been to Washington.

Thinking of this, the person in charge of the investment department of Yuelu Fund took a dark look at Lu Chi, and asked calmly: "Boss, this matter must be well publicized. Otherwise, it may affect the first The future development of financing."

In fact, it is not a possibility, but a certainty - this hurdle is difficult to overcome, and the first financing platform in the world, the world's first online financing platform, may be shut down soon.

Hearing this, Lu Chi frowned, pondered for a moment, and said, "There is no need to worry so much. Although the first financing does not have the qualifications for financing, does the Yuelu Fund have it? Can we try to change the financing process - in the first Financing is a website platform for communication and negotiation, and the specific financing process can be taken offline. If it doesn’t work, let the employees of Yuelu Fund work harder, and then I will raise everyone’s salary—”

"It's not such a simple matter!" The manager of the investment department of Leap Deer Fund shook his head and interrupted Lu Chi.Patiently explained: "Yap Deer Fund does have the financial intermediary qualification they require. However, according to the relevant securities laws and regulations of country M, the economic activities of all brokers in country M are subject to the supervision of the Financial Supervision Bureau. That is It is said that when the brokers of our Leaping Deer Fund conduct financing operations, any financial investment review, including minor changes during the review process, needs to be reported to the Financial Supervision Bureau.”

"In other words, even if we can fool the qualification review in the name of Leap Deer Fund, as long as the Financial Regulatory Bureau wants to block us, they can still have 1 reasons not to approve our filing. In this way, It will greatly slow down the financing speed of the first financing, which is very detrimental to the future development of the website.”

The manager of the investment department of Yuelu Fund said this, shook his head with a sad face, and further explained: "Let's put it this way, before there is no interference from the Financial Supervision Bureau, there must be at least ten audit projects that the first financing can complete every day. And these Once the project has passed the review, according to the process of the website, it can immediately enter the financing link. The website only needs to recommend these high-quality entrepreneurial teams to the capital side and investors. Next, only the capital side and investors need to initiate financing online .If things go well, the necessary funding can usually be raised within a month.”

"But if we really follow the traditional financing model, our process will take at least two to three times as long. If we are really targeted by the Financial Supervisory Bureau, if they want to deliberately embarrass us , I am afraid that two to three times the time is not enough."

The manager of the investment department of Leap Deer Fund thought for a while and gave a vivid example: "It seems that we have a very useful knife in our hands, but we handed the handle of the knife to the Financial Supervision Bureau."

It's more terrifying to describe it like this.

Unaware of this at all, Lu Chi suddenly recovered after being reminded by his subordinates and immediately concentrated.

"Then according to your idea, what should we do next?" Lu Chi asked humbly.

The manager of the investment department of Leap Deer Fund thought for a while, and said solemnly: "Boss, I just said it. According to the current financial laws and regulations of country M, our website is not qualified to be a financing intermediary at all. So, if you want to To fundamentally solve this matter, we must also consider it from the government level."

"I think this time, it's Washington, behind the scenes of the Financial Regulatory Authority, that's attacking us at the Leap Fund — and maybe Wall Street and Silicon Valley. We mustn't shy away from that."

Lu Chi clasped his hands on the desk, raised his eyebrows, and asked in a deep voice, "What good ideas do you have?"

"Boss!" The person in charge of the investment department of Leap Deer Fund respectfully handed over the plan book that he had been holding for a long time, and said seriously: "I think we need to think about it and promote new legislation."

Lu Chi: "..."