Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 917 29 Buying the US at rock-bottom prices in 2008, the presidential election! Guan Zu: This

Chapter 917 "29" Buying the US at rock-bottom prices in 2008, the presidential election! Guan Zu: This time, I'll be the biggest mastermind behind it all!
In a flash,
The time has come to 2008.

……

On May 2, Marvel Studios' first self-produced blockbuster, "Iron Man," premiered in North America, benefiting from Umbrella Corporation's on-the-ground promotion, along with continuous publicity from Facebook and Liberty Media Group.

On its opening day, it received rave reviews, with an 89% fresh rating on Rotten Tomatoes and an 8.5 score on IMDb.

In just one month, it grossed over $3.6 million at the North American box office.

The total global box office exceeded $6.8 million.

Its success revived Marvel Studios and launched the Marvel Cinematic Universe, which swept the globe.

This naturally alerted the other six major Hollywood film studios.

After learning that the major shareholder behind Marvel Studios is Umbrella Corporation, and considering the appearance of several positive, prominent Chinese characters in Iron Man, astute Hollywood figures, Umbrella Corporation executives, and the Department of Education and Cultural Affairs (which promotes cultural invasion and ideology) all realized that—Chinese people have become more troublesome!
……

Guan Zu had anticipated the success of "Iron Man".

So I don't pay much attention to it.

At this moment, he is more concerned about three things:
1: The Tokyo Olympics. He's going back to Hong Kong Island and then to Beijing to watch the Olympics.

2: The US presidential election at the end of the year, under his deliberate promotion, led to Obama's rise.

3: The global financial storm triggered by the subprime crisis led to a massive buying spree.

On January 11, 2008, New Century Financial Corporation, one of the largest subprime mortgage lenders in the United States, announced that it was unable to repay its debts and filed for bankruptcy protection.

The Dow Jones Industrial Average fell 1.5% that day.

What are subprime loans?

Subprime mortgages, or "subprime home loans," are high-interest mortgages issued by banks to homebuyers with poor credit histories and weak repayment abilities.

Core issue: Buyers with poor credit have higher interest rates.

This leads to one thing—increased risk!
In response to the 119 incident, the United States drastically lowered interest rates to stimulate the economy, forcing depositors to withdraw their money to spend, start businesses, and revitalize the economy.

Some of the savings went into real estate.

Then, property prices doubled within a few years. Just think about how impressive a doubling is in the Chinese real estate market.

This led to a problem: a large number of banks lent money to people with poor earning capacity, which is known as subprime lending.

As subprime mortgages continue to increase.

With the employment situation deteriorating.

Banks are facing increasing subprime mortgage defaults.

Then in January 2008, New Century Financial Corporation, one of the largest subprime mortgage lenders in the United States, collapsed.

On March 16, Bear Stearns, an investment bank with tens of billions of dollars in assets, collapsed.

From June to July, Fannie Mae and Freddie Mac, the two major financial institutions, saw their stock prices plummet by 75% due to their holdings of a large number of subprime-related assets.

of course,

The real king was Lehman Brothers, who came later.

Lehman Brothers, a 158-year-old financial giant.

In 2006, its market capitalization exceeded $600 billion, making it the fourth largest investment bank in the United States, after Goldman Sachs, Morgan Stanley, and Merrill Lynch.

Last year, before the subprime crisis erupted, the entire United States was aware that a subprime crisis was about to occur.

Lehman Brothers, however, were stubborn.

"This is absolutely a golden opportunity for rapid expansion!"

Be greedy when others are fearful!

Then, they acquired a large amount of subprime assets from other banks at low prices.

In the end, it was beaten black and blue by the iron fist of reality.

In June, Lehman Brothers reported its first quarterly loss since its IPO, amounting to $28.7 billion.

In August, Lehman Brothers attempted to divest $30 billion of toxic subprime assets, but the deal was not approved.

On September 7, the U.S. Treasury Department injected funds into Fannie Mae and Freddie Mac, causing panic across the United States.

On September 12, Lehman Brothers sought help from Buffett, Bank of America, Barclays, South Korea, and others, but all attempts failed.

Of course, they also approached the Umbrella Property Group, but were rejected.

Needless to say, it went bankrupt next.

Before it even went bankrupt, institutions across the United States, like sharks smelling blood, rushed to short it.

However, very few were able to get on board. Umbrella Property, Happiness Property, and Family Property made early arrangements and grabbed a lot of short-selling chips.

At 1:45 a.m. on September 15, 2008, Lehman Brothers formally filed for Chapter 11 bankruptcy protection in the Bankruptcy Court for the Southern District of New York.

Its business covers more than 40 countries around the world, and its financial derivatives are available globally.

It went bankrupt

The global financial crisis has officially begun!

On the morning of that day, after the US stock market opened, the Dow Jones Industrial Average plummeted 504 points, a drop of 4.4%, marking the largest single-day decline since the 119 incident.

Lehman Brothers' stock price plummeted from $86 to $0.21, wiping out 99% of its market value.

By the end of September, global stock markets had experienced an average weekly decline of over 20%.

……

……

White Palace.

"My luck is just too damn bad!"

As Bu Shi watched the news of the financial crisis sweeping across the United States, he looked up and shed tears of despair.

A financial crisis occurred.

Blame it?

It's all his fault!

How did you become president?

Why wasn't the financial crisis detected sooner? Why weren't policies implemented earlier to stop it?
Now that everyone is unemployed, how can you continue to be president?
National approval rating -1 -1 -1 -1...

……

March,
The three presidential debates have officially begun in the United States.

Bu Shi vs. Ao Niu Ba!
Because of the economic crisis, the presidential debates mainly revolved around the collapse of the US economy caused by the subprime mortgage crisis.

The Republican Party's argument is to use $7000 billion from the TARP (Emergency Economic Stabilization Act, a $3000 billion bailout plan) to buy out bad homebuyers' loans, promise to "provide a six-month guarantee for all bank deposits," and push for corporate tax cuts to "revitalize the market."

Obama countered that the proposal "favored financial institutions," proposing specific measures such as a $3000 tax credit for companies that create new jobs, a temporary exemption from penalty taxes for families to withdraw pension funds early, and tax cuts for 95% of wage earners.

Bush insisted: "This is the only option to prevent the market from crashing!"

Obama countered: "Taxpayers' money should be used to protect ordinary people's homes and jobs, not to fill bank holes."

This shows that the Republican and Democratic parties have completely different styles of operation.

Bush was held hostage by Republican capital and was unable to move.

The Democratic Party is more 'liberal'.

After the third debate
The support rate at the top has changed to: Obama 58% vs. Bush 31%.

CNN reported on poll data: 72% of voters believe Obama "knows more about economics," while only 28% approve of Bush's economic capabilities.

……

11 month 4 day,
National Election Day!
Obama won key swing states such as Virginia and Ohio, bringing his total to 28 states plus the District of Columbia, securing 365 electoral votes.

The opponent, Bu Shi, only received 173 votes.

Bu Shi is so pitiful!
It was as if they were being trampled on and ravaged by Obama.

This time, a new voting record was set: the national voter turnout reached 63%, and the participation rate of African American and Latino voters increased by 10 percentage points compared to 2004.

Moreover, this is the first African American president, breaking down 232-year-old racial political barriers in the United States.

At the same time, 47-year-old Obama became the youngest elected president since Kennedy.

Ao Niu Ba,
He can be called the lucky one among African Americans!

……

Silicon Valley was hit by a cold wind in December.

Here, there is a special company – Nvidia.

At this time, Nvidia faced numerous dangers: the collapse in semiconductor demand triggered by the global financial crisis, the decline in user trust due to the "graphics card gate" quality crisis, and Intel's relentless pursuit...

Then, Nvidia crashed.

Stock price plummeted!

It dropped from $37 to $6.5!

Nvidia founder and CEO Jensen Huang has been in a bad mood lately and has scolded many employees, causing his subordinates to speak in hushed tones.

Jensen Huang stood in front of the floor-to-ceiling window in his office, looking out at Silicon Valley.

The constant traffic was making him feel annoyed and upset.

At this moment,
The secretary knocked and entered:

"Chairman, Mr. Li from the Umbrella Group will be here in 10 minutes."

Huang Renxun glanced at his watch.

I grabbed the clothes from the chair and hurried out the door.

The secretary followed.

quickly,

Upon arriving downstairs, Huang Renxun was waiting at the door.

He and Li Fu of the Umbrella Corporation are both Chinese and live on the West Coast, so they had some contact, but their relationship was not deep.

This time,
The Umbrella Corporation is here to discuss an investment.

quickly,

Three cars, including a black Chevrolet, braked and stopped downstairs at the headquarters.

Xiao Fu got out of the car with his secretary, Li Qiao.

Huang Renxun personally went out to greet him.

"Mr. Li! It's been a long time."

"Mr. Huang!"

The two shook hands.

At that time, Nvidia was not very powerful and was far behind Intel... well, its market value was 30 times lower.

A company with a market capitalization of 30 billion US dollars.

A company with a market capitalization of 900 billion US dollars.

Xiao Fu's strength is undeniable; he is the undisputed leader in the Chinese community, and with various acquisitions, his power has expanded tremendously.

In terms of status, Huang Renxun was just a nobody at this point. Huang Renxun also hoped to obtain financial support from Xiaofu and to counterbalance the other shareholders.

Xiao Fu, having received Guan Zu's advice, came to invest and become a shareholder.

Of course, the investment was made in the name of the Five Star Group.

After the "Squid Man" incident, many large American corporations became aware of the relationship between Five Star Group and Umbrella Properties on Hong Kong Island.

Therefore,
Guan Zu has stopped pretending.

Showdown.

Now, taking advantage of the 2008 financial crisis, they might as well buy up some American companies at rock-bottom prices under the name of Five Star Group.

Nvidia is a key target for bargain hunting.

So they arranged for Xiao Fu to come over.

The two chatted as they walked.

quickly,

Xiao Fu and his team, dressed in electrostatic cleanroom suits, went to the production workshop and inspected the production line.

have lunch.

In the afternoon, a formal meeting was held for consultation.

In the top-floor conference room.

Huang Renxun: "Mr. Li, let's be frank. Five Star Group's willingness to invest at this time is a timely help, and Nvidia is very grateful. However, we will not offer very generous terms in terms of equity and funding..."

"Investment is about expectations. Nvidia doesn't lack external investment right now; it's definitely a partner..."

This is his confidence.

Xiao Fu naturally understood this, and picked up his coffee cup: "Mr. Huang, I'm not here for short-term arbitrage. Five Star Group wants to invest in Nvidia's future..."

"Although Nvidia's strength is only one-thirtieth of Intel's..."

"Although, its technology is also hampered by Intel's competitive advantage..."

"Although the graphics card scandal disappointed many consumers with Nvidia..."

"Of course, Mr. Huang, you don't need to think that I only have one option. I can also invest in Intel, or I can invest in AMD..."

Huang Renxun: "…………"

Stop talking. Stop talking.

The more I talked, the more guilty I felt.

"Alright, I wonder how many shares Mr. Li would like to acquire?"

"At least the top three shareholders... In addition, other powers cannot be neglected."

Currently, Nvidia's third-party shareholders include:
SoftBank (4.8%)

Pioneer Group (3.2%)

BlackRock (2.9%)

...

After a week of negotiations.

Ultimately, Five Star Group purchased 2080 million Nvidia shares for $1.35 million, acquiring a 4.1% stake.

……

The next two months,

Taking advantage of the financial crisis, the US stock market plummeted.

Xiao Fu makes his moves in all directions.

Then they invested in Twitter.

Twitter, translated into Chinese as Twitter, is, well, the same Twitter account that's used to refer to the tax evader who governs the country via Twitter.

It's similar to Weibo in China.

At that time, it was still very cheap, with an estimated value of only a few billion US dollars.

Xiao Fu and Jimmy invested together, taking a 30% stake.

The gossip surrounding it is that one of the founders was ousted because of a conflict of ideas; he wanted to create a purely chat tool.

Another piece of gossip is that CEO Dorsey would leave work early every afternoon to attend yoga classes and even hire a "CEO coach" to guide his lifestyle. Then, he was ousted from his position.

It's quite fun.

……

They acquired Twitter.
"Liberty Media Group" currently owns traditional media networks including television stations and newspapers, a presence in Hollywood, Facebook (the largest social media platform in the United States), and extensive regional control through Umbrella Property and Happiness Property.

It can be said,
Currently, as long as the Chinese community does not rebel or split, Guan Zu's faction is absolutely invincible in terms of public opinion control.

……

Then came the investment in the future behemoth e-commerce platform—Amazon, the American version of Alibaba.

In early 2008, the valuation was $300 billion.

Now, due to the financial crisis, the stock price has fallen by as much as 44% this year, hitting a low of $180 billion.

Guan Zu acquired a 4% stake.

I want to buy at the bottom, but there are too many people vying for these large internet companies.

4% is already the limit for Guan Zu to buy at the bottom.

If it weren't for the financial crisis, there would be no way to get a stake in the company.

……

……

Guan Zu, on the other hand, launched attacks on all fronts, buying up shares in various companies at rock-bottom prices.

Time quickly passed, and it was now 2009.

1 month 20 day,
As dawn broke in Washington, the plaza west of the Capitol was already packed with people.

Crowds of people!

The number of people affected was 180 million, the highest in history!
(picture)

(picture)

In temperatures of -2 degrees Celsius, people were bundled up in thick down jackets and hats, holding various signs, some saying "YES WE CAN" and others depicting the American flag.

The crowd included elderly people, children, and people who had traveled from other states.

Most of them are Black.

At 11 a.m., the square was getting more and more crowded.

All the major television stations in the United States arrived early, set up their cameras, and broadcast the live event to the entire United States and the world.

First, the band played...

Then came Bush and his wife, along with various political figures…

Finally, Obama and his wife walked out of the Capitol building hand in hand.

The entire African American audience cheered excitedly.

"Ao Niu Ba!"

"Ao Niu Ba!"

The cry was loud.

Then came the oath-taking ceremony.

Chief Justice Roberts of the Supreme Court held an old, brown Bible in his hands.

O'Neal stood in front of Roberts, placed his left hand on the Bible, and raised his right hand.

Roberts began reciting the oath: "I, Barak Ouba, solemnly swear..."

O'Neal repeats...

After the speech and oath, Ao Niu Ba walked to the podium and picked up the microphone.

The square fell silent immediately.

"Our country is at war, our economy is in recession..."

Then, the word "crisis" was mentioned three times.

Then Obama changed the subject: "America must change, and we will change."

He spoke for an hour.
At last,
"God bless America!"

The whole audience cheered!

On that same day, the Dow Jones Industrial Average rose 4.2%, its biggest one-day gain since October 2008.

This also shows that Obama's appointment gave many Americans enough confidence.

……

new York,

Guan Zu watched Obama's "God Bless America" ​​on TV.

"bless?"

"maybe……"

Guan Zu chuckled.

The era of Black Lives Matter is coming, and the era of gender equality is also about to begin...

wrong,

The Black Lives Matter movement began in 2013 when a white police officer shot and killed an African American teenager. African Americans then launched a movement on social media, which was then promoted by Obama and eventually took shape.

In the era of multiple genders,

In 2012, Obama became the first sitting U.S. president to publicly support same-sex marriage, breaking the "tradition" of politicians avoiding LGBT issues.

"We have to wait another four years?"

"I can't wait any longer..."

"I want to eat some melon seeds~~~"

Guan Zu is an impatient person. If he wants to do something bad... cough cough, something, he can't wait to do it.

then……

Guan Zu secretly discussed the matter with Xiao Fu and Jimmy.

After hearing about Guan Zu's plan, Xiao Fu and Jimmy heard about it.

Xiao Fu: "…………"

Jimmy: "…………"

Brother Zu, you're so naughty~~~
However, why is it that my body and my emotions are starting to get excited?

Sure enough, people are always full of energy when they do bad things!
(End of this chapter)

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