I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 87: Powell, the head of the Eagle Federal Reserve, is incompetent and furious

Chapter 87: Powell, the head of the Eagle Federal Reserve, is incompetent and furious

The Federal Reserve's 50 basis point rate cut is the major premise for Yang Chen's series of operations. Once this major premise is determined, everything that follows will be determined, because the Federal Reserve has no choice but to follow Yang Chen's steps to achieve the goal of preventing capital from fleeing to Europe.

The time came to 9:30 in the evening and the Bald Eagle stock market opened.

“Achao! Buy strong and close short positions!” Yang Chen ordered.

Chen Chao nodded and immediately ordered: "Group 3, buy Qiangsheng stocks to close our short orders!"

Sihai Investment opened a total of 1800 million shares of strong short orders. Now you can close the position by buying 1800 million shares and returning them to the brokerage firm.

Yang Chen said again: "Achao, open the Credit Suisse stock price."

Chen Chao immediately opened the Credit Suisse stock price and put it on the big screen.

Affected by the negative news, Credit Suisse's stock price has fallen from 3.5 Eagle Coins to 1.9 Eagle Coins, and the trend shows that it will continue to fall.

As long as this downward trend emerges, Yang Chen’s goal will be achieved.

"Open the Barclays Bank market!" Yang Chen ordered.

Chen Chao did as he was told immediately.

Barclays Bank's share price is indeed falling, and is currently down 1.5%.

It seems that the decline is not much, but banks are large-cap stocks, and a slight decline may affect the entire market.

Yang Chen smiled and said: "The trends are all correct! Ah Chao, continue to release the last wave of information."

Chen Chao nodded and immediately ordered: "Team 1, notify the European media and release the last wave of information."

Zhao Kun said with a smile: "It's really wonderful. It feels more enjoyable than watching "Big Times"."

Wan Changqing followed up by saying, “Mr. Yang even has the dirty laundry of Barclays Bank. That’s really amazing.”

Yang Chen laughed loudly, and replied: "Deutsche Bank is cooperating with Barclays Bank to manipulate the interbank lending rate. Deutsche Bank has paid the price, there is no reason to let it get away with it."

Soon, European media released the dark material of Barclays Bank, saying that Barclays Bank cooperated with Deutsche Bank to manipulate the interbank lending rate. The Bald Eagle Financial Regulatory Authority was preparing to impose a fine of 2.5 million eagle coins on Barclays Bank.

Barclays' stock price was originally resisting, but after the news spread, its stock price collapsed and fell to 3.5% in an instant.

Yang Chen ordered again: “Achao, use the Sihai Investment account to short one lot of Barclays Bank stock.”

Chen Chao nodded and immediately ordered the trader to short one lot of Barclays Bank stock.

At this time, Zhao Kun asked: "Boss Yang, why do you always go short?"

Yang Chen smiled and explained: "My luck has always been good, it's safer with my luck."

“Haha…” The whole audience burst into laughter.

Zhao Jing said aggrievedly, "Boss Yang, stop pretending. You obviously have the real stuff, but you have to pretend to be a rookie and talk about luck. Do you think this won't hurt our self-esteem?"

Where is this?

Just as Yang Chen was about to explain, Huang Wei spoke up again, "Director Yang thinks that you are just a technical secondary school student, and we are all masters of finance. You know more than us, and that will undermine our self-confidence, right? In fact, there is no need to do this, because now that we know the truth, our self-confidence is still undermined."

Yang Chen quickly explained: "No, no, you all misunderstood, I really rely on luck."

"Can you control such a large-scale short-selling operation by luck? Can you calculate how the Federal Reserve will act by luck? Can you calculate every step so accurately by luck? You just don't want to expose your true abilities, and you're worried that we will ask you to teach us. Right?" Bai Zhi said.

"He's so stingy. He pretends to be good in order not to teach us." Chen Lan followed.

Yang Chen could only smile awkwardly. According to what they said, there was really no way to explain it clearly.

At this time, Li Jun smiled and said, "If you want to learn real skills from Director Yang, you have to work harder. If you don't impress Director Yang, how can he teach you the real skills of making money?"

Zhao Jing and others didn't say anything, but they were all thinking in their hearts.

"Now the only thing missing is sleeping with him, how else can I behave? I can't really take the initiative to seduce him to sleep with me, right? Wouldn't that be a bit despicable?" Zhao Jing thought to herself.

"I don't even know how many times he's touched me. If I try harder, I'll have to sleep with him. Alas... Chen Xi is his secretary, and when she goes on business trips with him, she gets the chance to sleep with him. I don't even have a suitable excuse to create an opportunity to sleep with him." Chen Lan thought to herself.

"Chen Xi is already the eldest sister among the six of us, and I must take the position of the second sister. My birthday is coming soon, and this is the opportunity." Bai Zhi thought to herself.

"Alas... several people follow Director Yang together every day. Even if I want to take the initiative to create opportunities, there is no room." Huang Wei thought.

“It’s over. It looks like my time alone with Yang Chen is about to end. They will definitely make a move on Yang Chen. The day when we sleep together won’t be far away.” Chen Xi thought to himself.

Yang Chen had been using his mind-reading skills to read Lu Mei's inner thoughts, and he almost couldn't help laughing.

At this time, Chen Chao reported: "Director Yang, the Qiangsheng stock position has been closed, with a total profit of 22.8 billion Eagle Coins."

Yang Chen nodded, and said: "Buy a lot of Qiangsheng's stocks, and transfer all the remaining money. Presidents, I still need to borrow your accounts to cash it back."

Zhao Kun quickly said: "No problem, transfer it to our foreign exchange account and we will give you dragon coins according to the real-time exchange rate."

The other general managers also quickly expressed that it was no problem and that Yang Chen could transfer the money to any one or several of their banks.

Chen Chao quickly did as he was told and bought a lot of Qiangsheng shares. The remaining money was waiting to be withdrawn into his account and then transferred to the foreign exchange accounts of various banks.

At this time, Qiangsheng Group.

President Varegnani, along with shareholders and executives, have been keeping an eye on the company's stock price.

At this time, the assistant came in and reported: "Mr. President, I heard from the brokerage that all the short-selling accounts from Longguo have closed their positions, and one of the accounts bought another lot of our company's stock."

Varenyani said angrily, "Didn't you agree to help us get the stock price back above 200 Eagle Coins? What does buying one lot mean? Can one lot affect the stock price?"

Just then, someone suddenly shouted: "It's going up, it's going up!"

Everyone quickly looked up and stared at the Qiangsheng stock quotation on the big screen.

90, 91, 92, 93, 95…

Although the rising speed is not as fast as the previous falling speed, it can be clearly seen that the buy orders are increasing and the sell orders are decreasing, which shows that the stock price is rising.

"Someone is really eating up the food! Could it be that the Sihai Group is taking the opportunity to buy at a low price?"

"Impossible! The brokerage said those accounts had applied for withdrawals. It's impossible that they bought it."

“Investigate again! Investigate again! Find out whether it is institutions that are buying or retail investors that are buying.”

……

The assistant quickly contacted friends at the brokerage firm to inquire about the news and soon got accurate information.

"Mr. President, according to the analysis of the buying accounts by the brokerage firm, all the purchases are made by retail investors. There are also a small number of institutional purchases, but the majority of the orders are still from retail investors. This shows that the market has regained its trust in our company. They believe that we will survive this difficult time and that the company's stock price will definitely rise in the future, so they are all scrambling to buy now." The assistant reported.

Varenani looked at his assistant in surprise, then looked at the rising stock price in confusion. After a long while, he said with emotion: "Yang Chen must know some kind of magic, he is too scary. In the future, we must not compete head-on with Sihai Group. I don't want to go through this torture again."

Varenyani quickly called Vice President Jonathan and ordered, “Jonathan, Yang Chen has fulfilled his promise. You warn the Longguo District that they are not allowed to have any direct confrontation with Yang Chen and Sihai Group in the future. Whoever dares not obey orders, I will never let him off easily!”

Jonathan quickly replied: "Okay, I will go to the Longguo District Headquarters immediately to convey your order."...

At this time, the Eagle Fed.

Wang Sihai came up to Powell with a smile.

Powell threw Yang Chen's information to Wang Sihai and asked, "Wang, take a look to see if this information is true or false."

Wang Sihai took a quick look and replied with a smile, "Mr. Powell, I can guarantee that this information is true."

Powell was shocked and knocked on the table, questioning: "Do you think I'm an idiot? With such a resume, can he arrange a script for us, the Federal Reserve? See, he has arranged a script for Barclays Bank and is waiting for us to play it! If we want to completely disrupt the European financial market, we must short the share price of Barclays Bank. Do you think I should follow his script or not?"

Even though Wang Sihai came here with hundreds of billions of Eagle Dollars in wealth, he still had to act like a grandson when facing a big shot of Powell's level, because in the eyes of a big shot of this level, Wang Sihai is just a piglet. They can slaughter him as long as they want. It's just a matter of holding a meeting and formulating a law.

Wang Sihai quickly smiled and explained, "Mr. Powell, calm down. I told you the truth. I investigated his background thoroughly before choosing him as the legal representative to take the blame for me. As for whether it's a script or not, I don't understand it either, but I think you don't have to follow his script at all. Can't you just write your own script?"

Powell cursed, “Idiot! Otherwise, you can make Sihai Group owe 3 trillion, and Yang Chen will be able to kill everyone once he takes over? If we dare to deny his script now, Barclays Bank’s stock price will rise, and the rise in Barclays Bank’s stock price will drive the rise in other banks’ stock prices. Wouldn’t the funds waiting to run away in our country’s market immediately run to Europe?”

Wang Sihai smiled awkwardly and said, "Then just follow his script. You guys also want to short Europe anyway."

Powell cursed again: "Fuck! Then I don't want to save face? The Federal Reserve Bank of Eagles doesn't want to save face? Completely following the script set by a Dragon countryman, do you know how my counterparts in other countries will laugh at me and the Federal Reserve Bank of Eagles behind our backs?"

Wang Sihai was completely afraid to say anything. He couldn't follow him, and he couldn't not follow him. What the hell was he asking?

Powell stared at Yang Chen's information in a daze for a while, then he gritted his teeth and said, "Nancy, notify them and announce the decision to punish Deutsche Bank and Barclays Bank according to Yang Chen's script. Don't make a mistake in the amount. Write it according to the penalty amount in Yang Chen's script."

The assistant was stunned for a moment, then nodded and turned to do it.

This is a top-level conspiracy. Even if everyone can see that this is Yang Chen’s script, even if they are unwilling, they still have to follow this script.

Because the decision to cut interest rates has been announced, the Bald Eagle's funds are waiting to see whether to run to Europe or to Dragon Country.

At this time, European finance must fall sharply, and there must be no trend of recovery or rise, otherwise a large amount of funds will definitely flow there, and the interest paid by the Federal Reserve will really have to be paid out.

As long as these funds are still lying in the major banks of the Bald Eagle family, the interest is just a string of symbols, and even the principal is just a string of symbols.

Therefore, at this critical juncture today, the Eagle Fed must completely follow Yang Chen's steps.

"The Bald Eagle Financial Management Bureau has issued a penalty decision against Barclays Bank and Deutsche Bank for allegedly manipulating interbank lending rates. It has decided to impose a fine of 2.5 million Eagle Dollars on Barclays Bank and a fine of 2.4 million Eagle Dollars on Deutsche Bank."

The news quickly spread around the world.

Sihai Investment Department.

"The news has come. The Financial Administration of the Bald Eagle Country has issued a penalty decision against Deutsche Bank and Barclays Bank. Barclays Bank was fined 2.5 million Eagle Coins and Deutsche Bank was fined 2.4 million Eagle Coins. This number is exactly the same as what Mr. Yang predicted!" Chen Chao said excitedly.

Yang Chen took a sip of wine, and said with a smile: "They must be consistent with me. If they dare to deny my script, the market will think that these are all fake news. The shareholders of those European banks will take advantage of the situation to push up the market, and the European market will explode. The hungry funds of the Bald Eagle family will run over without hesitation, and the 2000 billion Eagle Coin interest paid by the Eagle Federal Reserve will really have to be paid."

Zhao Kun clapped his hands and said, "Director Yang's move of 'turning enemies into friends and using them for our own benefit' is really too advanced. It is simply the top conspiracy of the modern era, and is no less powerful than the Enfeoffment Order of the past."

Yang Chen quickly said: “Not really, not really, how can this be compared to the Enfeoffment Order.”

Wan Changqing smiled and said, "I think that Director Yang's conspiracy can be compared with the Enfeoffment Order. There is absolutely no one else in the world who can manipulate the Fed like this except Director Yang. For this reason alone, Director Yang's great achievements are no less than those of Emperor Wu of Han."

Oh, these bank presidents usually listen to their subordinates flattering them, but today it is their turn to show off their flattering skills, and they flattered Yang Chen so much that he felt a little embarrassed.

Seeing the presidents who were so far away from them rushing to flatter Yang Chen, Zhao Jing and the others admired Yang Chen even more.

At this time, Chen Chao reported: "Mr. Yang, the Frankfurt DAX index has fallen to 12000 points. Should we continue to hold the short position?"

Yang Chen nodded, and said: "Today is the day when the Federal Reserve cuts interest rates. The Federal Reserve must prevent capital from fleeing, and they will definitely not allow Europe to resist. Therefore, Europe can continue to hold on, and find an opportunity to close the position tomorrow afternoon. We have to keep an eye on Goldman Sachs and JPMorgan Chase now, they have the strength to resist."

Chen Chao quickly put the stock quotes of Goldman Sachs and JPMorgan Chase on the big screen.

Goldman Sachs' current share price is 320 Eagle Coins, down 2.5% today.

JPMorgan Chase's current share price is 190 Eagle Coins, down 1.5% today.

Although the decline of JPMorgan Chase was not large, it broke through the very critical 60-day line, which is the 200 Eagle Coin mark. Even if Yang Chen did not short, technically its stock price would continue to decline and look for the support of 150 Eagle Coins.

However, under normal circumstances, this downward cycle may take a month, and now Yang Chen's short selling will accelerate it to quickly reach the 150 Eagle Coin support point.

Zhao Kun asked quietly: "Director Yang, should we do something now? It seems that the decline of these two companies is not much."

Yang Chen smiled and said: "That's because they are mobilizing funds to increase their holdings. The battle between bulls and bears is very intense now. The bulls will lose soon. We just need to wait patiently."

Zhao Kun nodded and asked, "Then what did Director Yang base his judgment on that many parties would fail? Can you teach us some real skills?"

Everyone perked up and listened carefully to what Yang Chen said.

Yang Chen smiled and said, "Do you remember that among the black materials about Credit Suisse Bank that we released, there was a South Korean named Bill Huang?"

Everyone nodded quickly.

Yang Chen continued, "The fund he operates has money from many well-known financial institutions such as Credit Suisse, UBS, Goldman Sachs, JPMorgan Chase, Nomura, etc., adding up to more than 350 billion Eagle Coins. We are now waiting for Archegos to blow up, the Bald Eagle regulatory authorities to issue an investigation order, and the FBI to issue an arrest warrant. The principal of 1600 billion Eagle Coins plus leverage has opened a position of 350 billion Eagle Coins. According to the current situation, the principal of billion Eagle Coins will all be liquidated. This is a huge thunder, and all the financial institutions involved will be affected."

Everyone nodded and waited patiently for market news.

At this time, European stock markets were closed.

Yang Chen and the others focused all their attention on the Bald Eagle family.

The midnight snack that Chen Xi ordered arrived, and everyone ate while waiting.

At two o'clock in the morning, Yang Chen fell asleep in Chen Xi's arms. The news they had been waiting for finally came.

Chen Chao signaled Chen Xi to wake Yang Chen up. Chen Xi whispered in Yang Chen's ear, "Director Yang, Director Yang, get up and do your work."

Yang Chen nodded dazedly, and reached out to take off Chen Xi's clothes.

Chen Xi's face turned red instantly, and the men next to her turned around with a smirk on their faces. Zhao Jing and the others laughed and cast envious glances at Chen Xi.

Chen Xi grabbed Yang Chen’s hand and quickly said, “Hey, get up and work. I’m not asking you to… get up quickly.”

Yang Chen suddenly woke up, although he didn't turn his head, he could already feel the awkward atmosphere.

“Sorry, sorry, I stayed up too late and was a little dazed. I heard you asking me to get up and do something, but I misunderstood.” Yang Chen said in a low voice.

Chen Xi lowered his head and pointed at Chen Chao.

Yang Chen turned around and saw that all the men had their backs to this side, so he quickly smiled and said, “Hey, why are you all facing away from me? Turn around quickly and get down to business. Ah Chao, what’s the matter?”

Everyone quickly turned around and pretended not to have seen anything.

Chen Chao quickly reported: "Bill Huang's Archegos fund has been liquidated. He has been detained by the Financial Administration and has no money to cover his position. All 350 billion Eagle coins have been liquidated."

Yang Chen smiled and nodded, and said: "That's right! Everyone, get ready to enjoy the diving performance of Goldman Sachs and JPMorgan Chase!"

(End of this chapter)

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