Society owes me a brother
Chapter 265
It's like a pair of well-built, large-scale dominoes.No matter how brilliant the "structure" of this empire is, when the first card is gently pushed down with even the slightest force of a finger, the chain reaction that follows is enough to easily destroy the empire.
At the beginning of 2007, the whole M housing price index showed a downward trend for the first time, which directly broke the myth that "M country's housing prices have never fallen since the Great Depression".The subprime loans, which have been established on the basis of the rapid and skyrocketing housing prices in country M, can only operate stably, and the default rate immediately shows a trend of rising.At the same time, financial derivatives based on subprime loans also experienced various crises.
A huge financial empire began to crumble.The building will fall, and the first to panic is naturally a large number of retail investors who have no risk resistance.
These people are clutching subprime bonds purchased with family savings that have been saved for many years, hoping that the fluctuations in the housing market will only be temporary and everything will be stable eventually.However, as time passed, everything began to deteriorate rapidly.
On February 2007, 2, HF Bank, the second largest commercial bank in the world, announced that their housing mortgage loan business in country M had suffered huge losses.At the same time, in order to stop losses in time, HF Bank cut off its tail to survive, and directly reduced its holdings of related assets of 22 billion yuan.While causing the company's stock price to fall sharply, it also transferred huge losses to the stock market.
Accompanied by this move, the fire at the city gate also affected Chiyu as well as those retail investors who held a large number of subordinated bonds and related financial derivatives.
With the outbreak of the subprime mortgage crisis, the adjustable interest rate of subprime bonds rose sharply, directly soaring to an amount that ordinary shareholders could never repay.
Accompanied by the increase in the default rate of subprime loans on a wider scale, the entire country M suddenly fell into panic.
One of the few who can sit firmly on the Diaoyutai at this precarious moment and watch profits rise is Lu Chi, who accurately predicted the subprime mortgage crisis nearly two years ago, and also cooperated with him to short the housing market in country M Partners--
Accompanied by the sharp drop in the stock price of HF Bank, Leap Deer Fund, Eric Assets, Locke Group, and others who have been shorting major Wall Street financial institutions a long time ago and paid huge premiums for this The prescient Wall Streeters who gnaw their bones and drink soup behind them.
Losing money consecutively for more than a year, paying insurance premiums totaling more than tens of billions of dollars, and being ridiculed unscrupulously by colleagues in various social occasions—but I have always believed in the judgment held by Landing, so I support it hard, and of course I also feel that it is often Eric Weiss, who was under great pressure, finally felt elated——
"I've been waiting for so long, just waiting for this day. I don't want to prove that I am better than others, but to prove that everything I lost must be brought back with my own hands!"
In front of the floor-to-ceiling windows, Eric Weiss was wearing a white shirt and a retro-style black windbreaker. He also had a pair of retro-style sunglasses on his face. He was holding a cigar in his hand, with a determined expression and a long-distance gaze. In front of him, he spoke a large section of famous lines from a classic Xiangcheng movie many years ago in English.
Sitting behind the boss's desk, Lu Chi couldn't stand it anymore, reached out and picked up the remote control of the air conditioner, and adjusted the temperature to a level acceptable to normal people.Some helplessly pressed the eyebrows, and said: "Do I need to prepare a few banknotes for you to light cigarettes?"
Eric Weiss turned around, took off his sunglasses, and said with a smile: "That's not necessary. It's illegal to do that."
Lu Chi sighed, feeling a little headache.
"My dear Lu, why are you so sad?" Eric Weiss opened his arms and chanted exaggeratedly: "Could it be because the winter sun is so bleak and the winter wind is so noisy..."
Lu Chi waved his hand quickly and interrupted Eric Weiss: "Let's talk about what's wrong with you."
He just couldn't stand a partner who was so dramatic.
"Oh dear. You are so cold, ruthless, and unreasonable." Eric Weiss said this with a faint resentment, blinking a pair of big eyes that were purer than the color of the clear sky.
Lu Chi: "..." I'm also very curious about this big guy's source collection.
The long-term relationship has long allowed Eric Weiss to figure out the bottom line of Lu Chi's patience.Before the partner couldn't bear it and wanted to explode, the Wall Street tycoon who has always loved acting restrained his desire to perform and started talking about business.
"People from the new century have come to me." Eric Weiss said with a smile.
New Century Financial Corporation - the second largest subprime mortgage lender in M.It is also one of the Wall Street financial institutions that people in the Lu family focus on shorting.Because the scope of the subprime mortgage crisis has gradually increased, it has also been under tremendous pressure and is facing bankruptcy.
"They hope that we can hold our hands high, at least not to kill them all." You must know that with the size of the capital pool of Leap Deer Fund, Eric Assets and Rock Group, if Lu Chi really conducts short-selling according to the original plan, New Century will undoubtedly face That's right, the bankruptcy situation.
But if Lu Chi is willing to help New Century in the process of trading, then New Century may linger on and even turn salty fish over.
So the most critical link is what Lu Chi will do.
Eric Weiss still maintained a smiling Lucky Cat expression: "New Century wants to seek your help. For this reason, they are even willing to bear the price of being acquired."
"Rejected." Without listening to Eric Weiss' reply, Lu Chi said without hesitation: "The dominoes have begun to collapse, and we finally stayed out of it, and went to the muddy water when we were full and had nothing to do. "
Eric Weiss hooked his lips unsurprisingly - this is what he admires most about Lu Chi, he can always maintain a robot-like rationality and calmness in the stock market.Strict, orderly, and even programmed, every trader seems to have rehearsed thousands of times in his mind.When it's time to execute, follow the steps and be methodical, you won't be blinded by the benefits in front of you, and you won't miss the original goal by mistake.
Lu Chi's trading style is really like the operating program he compiled, powerful, perfect, and without mistakes.
I was able to bear the pressure of being ridiculed and being an enemy of the world and patiently laid out for nearly two years, and then sat on the Diaoyutai when the whole world began to be turbulent, and watched the funds in the account steadily with the huge losses of major institutions. Even closed down and continued to increase.
Eric Weiss felt that he was really very lucky to be able to witness the rise of Lu's Empire with his own eyes as a bystander and a participant - based on the fact that the entire Wall Street was littered with corpses and wrecks.
When capital comes to the world, every pore is soaked in blood.Wearing a white shirt and barefoot, the young man stepped on the throne step by step after stepping on dripping blood.And behind him, offering sacrifices to his kingdom is the whole world.
Just imagining such a scene, Eric Weiss felt that he was about to climax.
This is his boy, and from the first day he came to Wall Street, he watched the coronation of a king with his own eyes.
At this moment, Eric Weiss suddenly felt the excitement of a historical witness.
Lu Chi rested his forehead on his hands, and looked at Eric Weiss, who was blushing with excitement—and didn't know what the old guy was fantasizing about. His grim expression looked like he was insane.
"Do you have anything else to do?"
A cold voice interrupted Eric Weiss' obsession.All of a sudden, the illusion in his mind receded like a tide, and Eric Weiss glanced at Lu Chi, who had never had any emotional fluctuations from beginning to end, complaining like a little daughter-in-law: "Dear Lu, you really It's incomprehensible."
"What?" Lu Chi was baffled, and really couldn't imagine what kind of "style" could be explained between himself and Eric Weiss, an old man who was in his dozen years and was still promiscuous.
Unable to see from Lu Chi's expressionless face someone's venomous tongue and slander to the extreme for this nonsensical drama model, Eric Weiss let out a long and lonely sigh, deeply feeling the relationship between capital and art. A barrier that cannot be ignored.
"Maybe I should go to Broadway. That's where my soul lives."
"Then you can choose to buy Broadway after the crisis." Lu Chi looked down at the information, and said coldly: "Then decorate the stage as your bedroom. At that time, you can also let the audience buy tickets to enter the theater, so that the whole world The people of M can watch with their own eyes how the Wall Street bigwigs are convulsed."
Eric Weiss' eyes lit up, and he snapped his fingers: "Good idea. I like the idea that everyone can observe my heart closely. This is simply the most romantic idea in the world. Maybe I should also invite A few blondes, come with me to meet the eyes of the world."
Lu Chi: "..." Did he still overestimate the morals of Wall Street bosses?
So why did he listen to Eric Weiss so much nonsense without nutrition or reference value when he was so busy that he almost didn't even have time to sleep?
Should I call security?
Lu Chi blinked thoughtfully, and subconsciously shifted his gaze to the internal phone.
Sensing someone's unbearable dangerous aura on the verge of explosion, Eric Weiss, who had a strong desire to survive, suddenly changed the subject: "By the way, why didn't I see Yue today?"
Aren't the two inseparable?
"Something happened on the campus network, and Yue Bin took care of it."
"What's the situation?" Eric Weiss blinked, and asked suddenly: "Are you referring to someone accusing you of making money for the country with rhythm on the Internet?"
"I'm not from country M."
"But you made money from country M." Eric Weiss suddenly amused: "And as far as I know, the man behind the spread of rumors to guide public opinion is actually a Chinese—Qi Group, right? What, Prince's Revenge?"
Obviously, Eric Weiss is well aware of the quarrel between Lu Chi and the Qi Group.
"He's a bastard at best!" Lu Chi corrected coldly, "He's still the kind who just keeps his head in his back and does things behind his back."
Eric Weiss: "..." Once again, I have a deep understanding of the partner's poisonous tongue.
At the beginning of 2007, the whole M housing price index showed a downward trend for the first time, which directly broke the myth that "M country's housing prices have never fallen since the Great Depression".The subprime loans, which have been established on the basis of the rapid and skyrocketing housing prices in country M, can only operate stably, and the default rate immediately shows a trend of rising.At the same time, financial derivatives based on subprime loans also experienced various crises.
A huge financial empire began to crumble.The building will fall, and the first to panic is naturally a large number of retail investors who have no risk resistance.
These people are clutching subprime bonds purchased with family savings that have been saved for many years, hoping that the fluctuations in the housing market will only be temporary and everything will be stable eventually.However, as time passed, everything began to deteriorate rapidly.
On February 2007, 2, HF Bank, the second largest commercial bank in the world, announced that their housing mortgage loan business in country M had suffered huge losses.At the same time, in order to stop losses in time, HF Bank cut off its tail to survive, and directly reduced its holdings of related assets of 22 billion yuan.While causing the company's stock price to fall sharply, it also transferred huge losses to the stock market.
Accompanied by this move, the fire at the city gate also affected Chiyu as well as those retail investors who held a large number of subordinated bonds and related financial derivatives.
With the outbreak of the subprime mortgage crisis, the adjustable interest rate of subprime bonds rose sharply, directly soaring to an amount that ordinary shareholders could never repay.
Accompanied by the increase in the default rate of subprime loans on a wider scale, the entire country M suddenly fell into panic.
One of the few who can sit firmly on the Diaoyutai at this precarious moment and watch profits rise is Lu Chi, who accurately predicted the subprime mortgage crisis nearly two years ago, and also cooperated with him to short the housing market in country M Partners--
Accompanied by the sharp drop in the stock price of HF Bank, Leap Deer Fund, Eric Assets, Locke Group, and others who have been shorting major Wall Street financial institutions a long time ago and paid huge premiums for this The prescient Wall Streeters who gnaw their bones and drink soup behind them.
Losing money consecutively for more than a year, paying insurance premiums totaling more than tens of billions of dollars, and being ridiculed unscrupulously by colleagues in various social occasions—but I have always believed in the judgment held by Landing, so I support it hard, and of course I also feel that it is often Eric Weiss, who was under great pressure, finally felt elated——
"I've been waiting for so long, just waiting for this day. I don't want to prove that I am better than others, but to prove that everything I lost must be brought back with my own hands!"
In front of the floor-to-ceiling windows, Eric Weiss was wearing a white shirt and a retro-style black windbreaker. He also had a pair of retro-style sunglasses on his face. He was holding a cigar in his hand, with a determined expression and a long-distance gaze. In front of him, he spoke a large section of famous lines from a classic Xiangcheng movie many years ago in English.
Sitting behind the boss's desk, Lu Chi couldn't stand it anymore, reached out and picked up the remote control of the air conditioner, and adjusted the temperature to a level acceptable to normal people.Some helplessly pressed the eyebrows, and said: "Do I need to prepare a few banknotes for you to light cigarettes?"
Eric Weiss turned around, took off his sunglasses, and said with a smile: "That's not necessary. It's illegal to do that."
Lu Chi sighed, feeling a little headache.
"My dear Lu, why are you so sad?" Eric Weiss opened his arms and chanted exaggeratedly: "Could it be because the winter sun is so bleak and the winter wind is so noisy..."
Lu Chi waved his hand quickly and interrupted Eric Weiss: "Let's talk about what's wrong with you."
He just couldn't stand a partner who was so dramatic.
"Oh dear. You are so cold, ruthless, and unreasonable." Eric Weiss said this with a faint resentment, blinking a pair of big eyes that were purer than the color of the clear sky.
Lu Chi: "..." I'm also very curious about this big guy's source collection.
The long-term relationship has long allowed Eric Weiss to figure out the bottom line of Lu Chi's patience.Before the partner couldn't bear it and wanted to explode, the Wall Street tycoon who has always loved acting restrained his desire to perform and started talking about business.
"People from the new century have come to me." Eric Weiss said with a smile.
New Century Financial Corporation - the second largest subprime mortgage lender in M.It is also one of the Wall Street financial institutions that people in the Lu family focus on shorting.Because the scope of the subprime mortgage crisis has gradually increased, it has also been under tremendous pressure and is facing bankruptcy.
"They hope that we can hold our hands high, at least not to kill them all." You must know that with the size of the capital pool of Leap Deer Fund, Eric Assets and Rock Group, if Lu Chi really conducts short-selling according to the original plan, New Century will undoubtedly face That's right, the bankruptcy situation.
But if Lu Chi is willing to help New Century in the process of trading, then New Century may linger on and even turn salty fish over.
So the most critical link is what Lu Chi will do.
Eric Weiss still maintained a smiling Lucky Cat expression: "New Century wants to seek your help. For this reason, they are even willing to bear the price of being acquired."
"Rejected." Without listening to Eric Weiss' reply, Lu Chi said without hesitation: "The dominoes have begun to collapse, and we finally stayed out of it, and went to the muddy water when we were full and had nothing to do. "
Eric Weiss hooked his lips unsurprisingly - this is what he admires most about Lu Chi, he can always maintain a robot-like rationality and calmness in the stock market.Strict, orderly, and even programmed, every trader seems to have rehearsed thousands of times in his mind.When it's time to execute, follow the steps and be methodical, you won't be blinded by the benefits in front of you, and you won't miss the original goal by mistake.
Lu Chi's trading style is really like the operating program he compiled, powerful, perfect, and without mistakes.
I was able to bear the pressure of being ridiculed and being an enemy of the world and patiently laid out for nearly two years, and then sat on the Diaoyutai when the whole world began to be turbulent, and watched the funds in the account steadily with the huge losses of major institutions. Even closed down and continued to increase.
Eric Weiss felt that he was really very lucky to be able to witness the rise of Lu's Empire with his own eyes as a bystander and a participant - based on the fact that the entire Wall Street was littered with corpses and wrecks.
When capital comes to the world, every pore is soaked in blood.Wearing a white shirt and barefoot, the young man stepped on the throne step by step after stepping on dripping blood.And behind him, offering sacrifices to his kingdom is the whole world.
Just imagining such a scene, Eric Weiss felt that he was about to climax.
This is his boy, and from the first day he came to Wall Street, he watched the coronation of a king with his own eyes.
At this moment, Eric Weiss suddenly felt the excitement of a historical witness.
Lu Chi rested his forehead on his hands, and looked at Eric Weiss, who was blushing with excitement—and didn't know what the old guy was fantasizing about. His grim expression looked like he was insane.
"Do you have anything else to do?"
A cold voice interrupted Eric Weiss' obsession.All of a sudden, the illusion in his mind receded like a tide, and Eric Weiss glanced at Lu Chi, who had never had any emotional fluctuations from beginning to end, complaining like a little daughter-in-law: "Dear Lu, you really It's incomprehensible."
"What?" Lu Chi was baffled, and really couldn't imagine what kind of "style" could be explained between himself and Eric Weiss, an old man who was in his dozen years and was still promiscuous.
Unable to see from Lu Chi's expressionless face someone's venomous tongue and slander to the extreme for this nonsensical drama model, Eric Weiss let out a long and lonely sigh, deeply feeling the relationship between capital and art. A barrier that cannot be ignored.
"Maybe I should go to Broadway. That's where my soul lives."
"Then you can choose to buy Broadway after the crisis." Lu Chi looked down at the information, and said coldly: "Then decorate the stage as your bedroom. At that time, you can also let the audience buy tickets to enter the theater, so that the whole world The people of M can watch with their own eyes how the Wall Street bigwigs are convulsed."
Eric Weiss' eyes lit up, and he snapped his fingers: "Good idea. I like the idea that everyone can observe my heart closely. This is simply the most romantic idea in the world. Maybe I should also invite A few blondes, come with me to meet the eyes of the world."
Lu Chi: "..." Did he still overestimate the morals of Wall Street bosses?
So why did he listen to Eric Weiss so much nonsense without nutrition or reference value when he was so busy that he almost didn't even have time to sleep?
Should I call security?
Lu Chi blinked thoughtfully, and subconsciously shifted his gaze to the internal phone.
Sensing someone's unbearable dangerous aura on the verge of explosion, Eric Weiss, who had a strong desire to survive, suddenly changed the subject: "By the way, why didn't I see Yue today?"
Aren't the two inseparable?
"Something happened on the campus network, and Yue Bin took care of it."
"What's the situation?" Eric Weiss blinked, and asked suddenly: "Are you referring to someone accusing you of making money for the country with rhythm on the Internet?"
"I'm not from country M."
"But you made money from country M." Eric Weiss suddenly amused: "And as far as I know, the man behind the spread of rumors to guide public opinion is actually a Chinese—Qi Group, right? What, Prince's Revenge?"
Obviously, Eric Weiss is well aware of the quarrel between Lu Chi and the Qi Group.
"He's a bastard at best!" Lu Chi corrected coldly, "He's still the kind who just keeps his head in his back and does things behind his back."
Eric Weiss: "..." Once again, I have a deep understanding of the partner's poisonous tongue.
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