NBA: Art is trash talk

Chapter 393 The Ten Billionaire Arrives
It took more than a month for He Xinghui to finish filming his movie.

During this period of time, his name began to appear frequently in financial news, and he became a real celebrity in the financial world.

Everything is as He Xinghui expected, the US subprime mortgage market has completely collapsed.

On July 2, a hedge fund under Bear Stearns declared bankruptcy, and the president of Bear Stearns announced his resignation.

On July 240, the Federal Reserve announced that it would invest another [-] billion US dollars to rescue the market.

On July [-], Britain announced that it would nationalize the Norcrossen Bank.

On July 8.8, the number of people filing for personal bankruptcy in the United States reached [-].

8.8 people, this is a very scary number, which means that 8.8 people have lost hope, or 8.8 families have lost hope in life.

The so-called personal bankruptcy refers to the fact that an individual owes too much money and is unable to pay it back.

In order to prevent these people from jumping over the wall and embarking on the road of crime, the government protects them, prohibits creditors from forcing them to pay, relieves part of their debts, and guarantees their basic life so that they can continue to live.

Of course, it is limited to being able to survive, and there is no need to think about any high consumption, and you can no longer engage in commercial activities.

All the money earned in the future, except for the part that can be used to maintain the livelihood, will be deducted for debt repayment.

In this case, those who owe less will spend a few years repaying their debts.

But some people who owe a lot, who need more than ten years or even decades to pay off, they are unlikely to go to work and struggle. Anyway, whether they work or not, their future life will be the same, and they can only maintain basic income. Life.

Such a life has no hope or meaning.

Although personal bankruptcy is the protection of individuals, it is actually more of a means of maintaining stability.

If these people are not appeased and protected, the crime rate will increase a lot.

Of course, even with this appeasement, crime is on the rise.

8.8 people have gone bankrupt, and if half of them are unwilling to live a hard life, it is a huge hidden danger.

He Xinghui now has two bodyguards, just in case.

8.8 people filed for bankruptcy, which is a very bad sign.

As for the number of unemployed people, there are many more, and there is no time to count them for the time being.

Anyway, when He Xinghui returned home, he could often see homeless people on the street.

This is still in the economically developed Los Angeles, but in other impoverished cities, the situation is even more serious.

At the end of July, the impact of the subprime mortgage crisis spread to the whole world. China's exports dropped by 30%, and many small factories went bankrupt.Europe was in a mess, and Iceland directly declared the country bankrupt.

In other places, personal bankruptcy and corporate bankruptcy are the most common, but Iceland is ahead of everyone, declaring the country bankrupt, requiring the EU to protect it, not forcing them to pay back the money, and reducing their debts.

This is all because Iceland played too crazy before, and the whole country fell into real estate speculation.

Those pensions, pensions, social security funds, and national savings are all used to speculate in real estate.

Now that the real estate market has collapsed, the money to keep the country running is gone, which is quite outrageous.

Entering August, the global economy is wailing.

But amidst these wailing sounds, there were also some carnival sounds.

Those speculators who bought CDS have become winners in life at this time.

Those investment banks have now become grandsons, begging He Xinghui one by one, hoping that he can sell them the CDS in his hand.

It is cheaper for investment banks to buy back these CDS now. As the property market bubble continues to burst, the compensation they need to pay will become higher and higher, and in the end they may lose the entire company.

On August [-]th, the big boss of the Federal Reserve was the host and invited He Xinghui, Paulson and other short sellers who bought a large amount of CDS.

They acted as intermediaries to mediate, and persuaded He Xinghui and others to act now.

In the original time and space, high-level officials in the United States did the same, and then Paulson accepted it as soon as he saw it.

If he continues to hold and not sell, he can get more income.

However, the price is to offend the top leaders of the United States.

Although He Xinghui doesn't like the United States, he has never thought of doing anything to the United States on his own. He is not capable of doing this.

Therefore, under the condition that everyone else agreed, He Xinghui also chose to sell all the CDS in his hand.

In this way, those investment banks can remove a big burden and relieve pressure.

"Congratulations, He, I rarely admire people, and you are one of them."

After the party, Paulson invited He Xinghui to play together.

He admired He Xinghui's operation very much, because He Xinghui bought AA-level CDS, while he bought BBB-level and BB-level CDS.

Although he invested 125 billion, five times as much as He Xinghui.

However, he may not earn as much as He Xinghui.

Paulson's return on this investment was about 300%, with a net profit of 375 billion US dollars.

However, most of this is money from the fund, and Paulson can get it personally, which is about 37 billion US dollars.

Of course, that's scary enough.

There are only a handful of bosses who can earn 37 billion US dollars a year, let alone him as a worker.

If He Xinghui didn't exist, he should have been the most dazzling existence at this time.

It's a pity that there is He Xinghui now, and He Xinghui blocks his light.

Because He Xinghui bought AA-level CDS, he needed to pay less insurance premiums. He added a five-fold leverage to the 23 billion funds, which resulted in an effect of 115 billion.

In the end, his short-selling yield was about 15 times.

23 billion, which suddenly became 350 billion, with a net profit of 327 billion, which is a little less than the total number of Paulson's funds.

However, there is a huge gap in the starting capital between the two, so it is meaningless to compare the total.

What's more, He Xinghui personally earned far more than Paulson from this investment.

He Xinghui himself invested 15 million, which is [-] billion here.

Then he also charges 30% of the commission from other people, which is about 93 billion.

In other words, He Xinghui made a total of 108 billion US dollars this time. Of course, this is before tax.

However, even so, he is among the 500 richest people in the world, probably in the 250th place.

Give him 125 kidneys, and he can't even squander the money, and he has officially become the owner of the money.

"There's nothing to be happy about. After all, I'm not interested in money. If possible, I hope that there will be no economic crisis, and I hope that all human beings will live happily."

He Xinghui's words almost choked Paulson.

After all, Paulson is an out-and-out Wolf of Wall Street, he only has money in his eyes, and he sucks in Mo's feelings.

He Xinghui couldn't understand what He Xinghui said.

Of course, he didn't believe that He Xinghui was telling the truth, he even believed that He Xinghui was pretending.

After all, that was the impression that He Xinghui gave people.

"You're right. We really should make some contributions to the world. I'm going to donate hundreds of millions to my alma mater so that they can train more talents. What about you, are you interested in donating to Harvard?"

Paulson said.

He Xinghui smiled and didn't point out Paulson.

Donating money to prestigious schools has nothing to do with contributing to the world, it's nothing more than weaving relationships in Internet cafes.

Donate a few hundred million to a school of Harvard's level, and you don't have to worry about committing any crimes in the future, Harvard will protect it.

The idea of ​​cannibalism with a soft mouth and short hands is common all over the world.

"Let's talk about it later, after all, I am still young. When I am old, I will donate all the money."

He Xinghui's righteous words, if star fans read it, they will definitely be moved to a mess.

Unfortunately, Paulson only gave a speechless expression.

He Xinghui will have to wait decades for him to grow old.

Who the hell will remember this one by then.

He Xinghui spoke beautifully without paying any real price. He is indeed a financial talent, and Paulson appreciates it even more.

If it weren't for He Xinghui's too many gossip, he even wanted to introduce his granddaughter to He Xinghui.

"You've made so much money all at once, what are you going to do with it, continue to invest?"

Paulson continued the small talk.

"It should be. I haven't really thought about it. As you know, my main business is actually playing basketball. I can only play casually when I have time to invest in this kind of thing."

"He, I suddenly remembered that my wife cooked soup for me, so I'm leaving first."

Paulson interrupted He Xinghui, he didn't want to hear He Xinghui pretending to show off.

It's so annoying, what do you mean by playing casually?

Originally, he was very proud after earning billions, but after hearing He Xinghui's words, he was very unhappy, and his sense of pride was much less.

Chatting with He Xinghui is simply poisonous, and Paulson is about to withdraw.

The next day, the news that He Xinghui, Paulson and others sold the CDS spread.

At the beginning, it was only a small-scale dissemination in the financial world, but soon the media in other circles discovered the news and began to report it with embellishment.

What's more, those entertainment news deliberately ignored Paulson and others, and reported around He Xinghui alone.

After all, not many people in the United States know Paulson, but when it comes to He Xinghui, everyone knows him.

[Shocked, my cousin's investment income is as high as 350 billion, and his personal net profit is 100 billion US dollars. 】

[Shocked, my cousin got rich overnight and made it to the rich list. He is now richer than the owner of the Clippers. 】

[Miracle, my cousin made another miracle, earning tens of billions of investment. 】

[Cousin is about to retire and concentrate on fighting on Wall Street. 】

Headlines may seem exaggerated, but the situation is basically true.

The editor did not continue to exaggerate because it was unnecessary.The current headlines already look like fake news. If it is exaggerated, no audience will believe it.

As soon as the news came out, the whole United States suddenly boiled.

"Oh my god, it's true."

"God, have you become He? Why is he so good?"

"Unbelievable, unbelievable, he is only 20 years old, and he is already worth tens of billions."

The people who eat melons are nothing but shock and sigh, and nothing but sigh is shock.

It's incredible, no one has ever achieved such a feat.

All of this looks like a miracle.

"Hahaha, I already knew how to do it. I invested 10 dollars in the five-star fund. This time I can get at least [-] dollars."

"Shet, I only invested a thousand dollars. Why, why didn't I invest more in the first place."

"Brother, just be content. Not only did I fail to vote, but I also failed to sell the two houses in time. Now I can't sell them. The most stupid thing in my life is that I didn't believe my cousin's prophecy."

When the news came out, some people were happy while others were sad.

Those daring fans, this time, really reaped the benefits.

If someone says they are brain-dead, they probably won't like it.

Which brainless person can double the money in his hand?

After He Xinghui performed another miracle, the number of fanatic fans among the fans increased rapidly, and some people even regarded him as a belief.

Even if He Xinghui said that the sun revolves around the earth, many people would believe him.

Some passers-by are also fans of passers-by. For such a powerful idol, they have no reason not to be fans.

Even some Xinghei are quietly changing their attitudes and stances, they are convinced, completely convinced.

"Wow, 100 billion dollars, how much is this?"

"If I can be my cousin's wife, I don't care if he messes around outside."

"I don't dare to expect to be his wife. I'm satisfied if he asks me to fuck me once."

"My body belongs to my husband, but my heart will always belong to my cousin."

Actress fans are completely crazy. After He Xinghui became rich, in their eyes, He Xinghui is already the embodiment of perfection.

It's a pity, they can only think about it, it's too difficult to get in touch with He Xinghui, they don't have this chance at all.

In contrast, those female stars are seriously thinking about how to tie up with He Xinghui.

A 20-year-old billionaire, handsome, strong and funny, is simply irresistible.

The news quickly spread to China, causing the melon-eating masses in China to drop their melons to the ground.

Shock.

In addition to being shocked, it is still shocking.

This is 800 billion yuan.

At present, the richest man in China is Ms. Yang from Country Garden, with 1100 billion.

However, her wealth does not belong to her alone, it belongs to her family.

If she is excluded, He Xinghui will be the richest man in China.

At this time, the wealth of Da Ma and Xiao Ma is only a few billion, which is far behind He Xinghui.

"Fake news."

"800 billion, what kind of international joke are you making, then play basketball with a hammer."

"Good guy, co-authoring is just a side job."

"I think it is necessary to find a Chinese wife for Brother Xing as soon as possible. You can't marry a foreign woman. This is 400 billion. And, there will definitely be more in the future."

"Brother Xing, who is 20 years old, already has 800 billion yuan. At the age of 20, I still owe others 800 yuan."

"It's so brilliant at the age of 20, how far will it go in the future?"

Not to mention ordinary people, even some bigwigs were shocked beyond words when they saw the news.

It is still only 2007, and the impact of 800 billion is unparalleled.

What's more, He Xinghui is only 20 years old now, 20 years old. 800 billion is just the beginning, not the peak.

All of a sudden, He Xinghui's hometown became lively.

The people who came to propose marriage almost smashed the door of He's house.

Marrying into the He family will save at least three generations of struggle.

(End of this chapter)