Age of Dreams

The most adept at playing psychological warfare in history is the group of foreigners in the late Qing Dynasty and the early Republic of China.

Relying on their strong strength as a backing, they did not dispatch an army, and they obtained one after another benefit in China, which directly created the image of "foreign people" in the minds of the Chinese people.

At the beginning, Xiao Qi's words were listened to by Europeans and Americans as a joke, but as Xiao Qi succeeded again and again, many Europeans and Americans are now beginning to pay attention to Xiao Qi's words.

The meaning of the youth is to make them afraid, so as to avoid these people from engaging in conspiracies and tricks during the development of the Fairy Company. No matter how confident Xiao Qi is, he does not dare to boast that he can beat Wall Street. A group of elites, where the world's top smart people gather, whoever dares to underestimate it will definitely end in tragedy.

If the industry develops steadily, with a strong backing, but also creates psychological pressure on them, Xiao Qi's career will undoubtedly go more smoothly.

Since Bear Stearns closed two funds with a scale of up to 20 billion in August, the subprime mortgage crisis broke out and developed. It has been more than forty days. European and American stock markets and Japanese stock markets have already fallen almost. There was a wave of stabilization.

However, the actual economic conditions of various countries have not improved at all, but have worsened.

The central banks and financial departments of various countries have replaced various enterprises and companies that should have appeared on the scene and have become the protagonists in the news.

But it seems to have no effect.

Today, on September 18th, the Fed cut interest rates for the fifth time, and the federal funds rate dropped to 4.75%. What’s more serious is that North Rock Bank, which has the largest amount of new mortgage loans in the UK this year, suddenly announced that it was preparing to distribute shares due to a run. Demolition and sale.

To know. The most important business of this North Rock Bank is not its 24 billion pounds of deposits. It specializes in dismantling between banks, and then doing mortgage and securities business in the financial market.

To put it plainly, it specializes in subordinated debt bonds.

Even the giants such as Sumitomo Mitsui Banking Corporation, Bear Stearns, Merrill Lynch, Deutsche Commercial Bank, etc. cannot sustain the losses of the subordinated debt bond business department, let alone this bank that specializes in subordinated debt bonds.

People have only one department. It was invested by the entire bank, which is really deadly!

However, it does not matter if the North Rock Bank announces that it will be split and sold. There are 1.5 million depositors in England who have made deposits with them. Among these 1.5 million depositors, at least half of them have not yet received money from the North Rock Bank. I'm going bankrupt, how can this be?

Seeing that something big is about to happen, the Bank of England, the central bank of the United Kingdom, immediately announced it. I will take over this mess, and I will definitely not let the deposits of the depositors go to naught. Please rest assured.

Cough.

Those who scold the Central Bank of China for being troublesome, listen to the reaction of the Bank of England, don't all things of rubbing stocks do the same?

Beiyan Bank is only the first to fall, and dozens of banks, hundreds of funds, and financial institutions, large and small, will fall on subordinated bonds.

In the entire storm, Paulson, Tong Wencong and other fund managers were the big winners. As a result, they have become stars who have risen in the disaster, and they have been attracted by many young people who are keen on financial enrichment. Bong for the same idol as Soros back then!

Xiao Qi in Rongcheng can't say to sit and watch the flowers bloom, but it is always a good thing to see that subordinated debt continues to bring huge profits to his secret account.

Originally expected to get back 15 billion U.S. dollars with capital and profits, Tong Wencong has now raised it to 20 billion U.S. dollars very optimistically.

In fact, Xiao Qi said that there is more money and less money. It doesn’t make much sense anymore. What he likes is seeing developed countries such as Europe, America, Japan and South Korea become as weak as expected, while China’s economy, under the reminder of himself and his father, can avoid many wrong detours and make big strides. To catch up with these developed countries.

A gentleman who is poor is good alone. Darth is conducive to the world.

Xiao Qi is now doing his best to help a little after he has made achievements in his career.

Speaking of Tong Wencong, since he listened to Xiao Qi's persuasion and did not touch the cds insurance policy, he often talked to Xiao Qi about those fund managers.

For example, there are several fund managers who have made some gains in subprime debt. Now they have purchased a large number of cds insurance policies from various European countries from companies such as Goldman Sachs, and are preparing for debt defaults in these countries once the subprime mortgage crisis breaks out. , Just take the cds insurance policy to find those insured banks to collect money.

Tong Wencong, who was sober, looked at their actions, and felt that this group of fund managers were too courageous.

It’s not just that one country and one bank is scammed, and things that are so obvious against dozens of countries and dozens of important banks in the country can be done. It cannot be said that they think that the United States is simply the best of the cows. , Arrogantly a little boundless.

As everyone knows, because of the origin of race and history, the relationship between the United States and the European Union cannot be completely divided.

Once it has caused strong backlash and anger from European countries, the United States is bound to put the board on the heads of several of the most active elements-Goldman Sachs in the previous life, known as the boss of the United States' number one investment bank, is usually bullish. Isn't it just that under this circumstance, I was fined more than one billion US dollars by Europe, and even slaughtered by the United States?

Even an investment bank with a strong background like Goldman Sachs has been on the board, let alone those small fund companies. The fines imposed by the court are still trivial matters, which attracted the US Federal Revenue Service~www.wuxiaspot.com~That's it. It's too late to cry!

After thinking about this, Tong Wencong admired Xiao Qi even more.

Under the temptation of huge interests, there are very few people who can stick to their heart in the United States, let alone the Chinese who are so impetuous that only money is left in their eyes!

After removing the cds policy turmoil, Tong Wencong therefore focused more on harvesting subordinated debt, and he followed Xiao Qi’s advice, acting more and more low-key, making many familiar fund managers feel like this person Recently, it suddenly became invisible in the capital market.

However, Tong Wencong didn't care about the decline in attention.

What he has to do now is to make a fortune in silence, what is he afraid of if he has money?

If he hadn't known that Xiao Qi had no interest in the financial market, he would have liked Xiao Qi to cooperate with him and kill the Quartet on Wall Street together.

What a pity!

Qi Shao's genius and talent shouldn't stop at such a small place in the electronics industry! (To be continued...)