They are all reborn, and the grandson is still a spare tire

Chapter 1182 The Terrifying Financial Tsunami

"Everyone, look, the U.S. stock market has started to plunge."

In the conference room, several investment consultants shouted at the same time, all of them were extremely excited.

As they shouted, everyone looked at the U.S. stock market.

Yao Yuan, who was leaning back in a chair with his eyes closed, suddenly opened his eyes quickly.

Then he quickly sat up straight and looked at the computer screen in front of him.

as predicted!

The Dow Jones Industrial Average, which had been fluctuating within a negative 0.5% range, suddenly took a cliff dive.

The instantaneous decline has exceeded negative 2%, and the momentum is very fierce, and it seems that there is no turning back.

Looking at the market segments, the decline in the S&P Financial Index was even more exaggerated.

The instantaneous drop has exceeded 5%, and it is still falling with no sign of stopping.

Yao Yuan quickly checked the trend of U.S. stocks and then smiled triumphantly.

"Hahahaha, the exciting drama that we have waited for so long has finally begun. This financial crisis that was destined to sweep the world has finally broken out as expected!"

"If I'm not mistaken, Lehman Brothers has decided to file for bankruptcy protection in the New York District Court. We will receive relevant news soon."

Before he finished speaking, cheers rang out in the conference room and everyone was extremely excited.

Many financial investment companies located on other floors, and all investment teams participating in this operation, also cheered loudly.

Cheers were also heard in the luxurious villa where the decision-makers of the secret action team in Repulse Bay were located, and in different meeting rooms of several state-owned financial institutions in the mainland.

While everyone was cheering and rejoicing, they were also secretly filled with emotion.

"Yao Yuan is amazing. He said that the global financial crisis would break out tonight, and it really did break out tonight. It's unbelievable!"

Just as everyone was celebrating wildly, the latest news kept coming from Wall Street.

"Mr. Yao, the New York branch has sent a message that ten minutes ago, Lehman Brothers CEO Richard left Wall Street by helicopter and went to the New York District Court."

"Richard just arrived at the New York District Court and landed on the lawn in front of the court. He did not accept interviews from reporters and went directly into the district court with his lawyer."

"Soon after, SEC Chairman Cox and New York Fed Chairman Geithner also rushed to the New York District Court and also did not accept interviews with reporters."

"Wall Street is now in a huge panic. Almost all financial institutions are in chaos. There are even air raid sirens on the streets!"

"Mr. Yao, the Dow Jones Index has fallen below -4%, and the S&P Financial Index has fallen over -8%. This is definitely a financial crisis!"

"The latest news from New York is that Lehman Brothers CEO Richard and SEC Chairman Cox have just jointly announced that Lehman Brothers has officially entered bankruptcy protection procedures..."

In less than twenty minutes, blockbuster news came one after another, turning the entire conference room and even the entire Hong Kong Island headquarters into a boiling volcano.

The most explosive news was that Lehman Brothers Bank officially announced that it had entered bankruptcy protection procedures.

As the news spread, the entire Hong Kong Island headquarters instantly boiled over, with the unbridled and crazy cheering reaching its climax.

Large conference room.

While cheering, everyone looked at Yao Yuan with extremely fanatical eyes.

Like everyone else, Yao Yuan was dancing with excitement.

Although he was extremely excited, his eyes were always fixed on the computer screen, never moving away for a moment.

In a blink of an eye, the Dow Jones Industrial Average has fallen by more than 5%, and the S&P financial index has fallen by less than 10%.

In other words, the overall decline of the U.S. stock market has exceeded 5%, and the overall decline of U.S. financial stocks has exceeded 10%. The market is in a bloodbath!

Almost all financial stocks within the S&P 500 index instantly triggered the circuit breaker mechanism and trading was suspended.

Trading in these heavyweight financial stocks will resume after a five-minute pause, but the results will not have changed.

The declines for other small-cap financial stocks that are not included in the S&P 500 index were even more exaggerated, with many stocks falling by more than 20% in five minutes.

There is no doubt that this is a stock market crash, an unprecedented huge financial crisis.

Seeing this scene, Yao Yuan calmed down quickly.

The next moment, he suddenly said loudly:

"Everyone, please inform my decision below. Be sure to inform every investment team and every trader, and let all traders resolutely implement it!"

As he said this, everyone in the conference room looked over and responded in unison:

"Received, Mr. Yao"

Yao Yuan smiled and nodded, then continued loudly:

"Once the Dow Jones Index falls below -6%, have all traders immediately close 40% of their short positions in US stocks. Once the S&P Financial Index falls below -12%, have all traders immediately close 40% of their short positions in financial stocks."

"If the Dow Jones Index falls below -7% and the S&P Financial Index falls below 13%, close another 20% of your short positions. If the Dow Jones Index plummets more than 8% and the S&P Financial Index falls more than 15%, close another 20% of your short positions, leaving only % of your short positions."

"The U.S. stock market will definitely experience violent fluctuations tonight. The bulls in the market will never be willing to be killed and will definitely struggle desperately to pull up the market and recover their losses."

"The U.S. government, the Federal Reserve, the SEC, and others do not want to see the U.S. stock market return to the pre-liberation era overnight. If the decline in U.S. stocks widens to a certain extent, they will definitely step in to rescue the market or speak to the market."

"But the financial crisis has already broken out. Any rescue measures and calls are in vain. No one can stop the plummeting stock market. All they can do is watch countless fortunes vanish into thin air."

"For us, this is a once-in-a-lifetime opportunity. Let's go all out tonight and make as much money as we can from the financial market. There's no need to be polite to those ghosts on Wall Street. They have looted the world for hundreds of years, and it's time for them to pay a price."

"Every pullback in the US stock index tonight is an opportunity for us to make a fortune. When the Dow Jones Index rebounds to more than negative 4% and the S&P Financial Index rebounds to more than negative 8%, it will be time for us to build positions again and buy 30% of the short orders at that time."

"When the Dow Jones Index rebounds to -3% and the S&P Financial Index rebounds to -6%, add another 30% position; when the Dow Jones Index rebounds to -2% and the S&P Financial Index rebounds to -4%, everyone will fill up the remaining positions in US stocks and dump the market like crazy."

"We may have to repeat this action many times tonight. Our goal is to make as much money as possible. We don't have to worry about the life and death of Wall Street. But one thing you must remember is that no one can do naked short selling. Whoever dares to do so will not be spared by me!"

As soon as the words fell, everyone responded loudly.

"Understood, Mr. Yao (Boss)"

Immediately afterwards, many investment advisors quickly picked up the phones in front of them and began to notify many investment teams.

While making the call, everyone was secretly shocked.

The boss is so cruel and sharp! He is trying to kill Wall Street, but it is so damn satisfying!

In a blink of an eye, many traders in the group have received the instructions and took action quickly.

A few minutes later, the Dow Jones Industrial Average fell below -6%, and the S&P Financial Index fell below -12%, and continued to plummet.

Seeing this scene, many traders in the group immediately began to close their positions.

With almost no effort, they had completed the task of closing 40% of their positions.

Before they could catch their breath, the second closing line arrived.

They could only get busy again and continue closing their positions, with each of their fingers leaving afterimages on the keyboard.

As they took action, astronomical amounts of wealth poured into the securities account of Jiuye Investment Group like a tide.

Across the ocean, New York.

Wall Street, stock exchange trading floor.

Looking at the plummeting stock index, all the traders and brokers in the hall were dumbfounded.

Many of them held their heads with their hands, their eyes wide open, with a look of despair as if the world was coming to an end, and they muttered to themselves in despair.

"It's over, it's completely over. The financial market is over. There is no doubt that this is an unprecedented huge financial crisis!"

"Oh my God! I have been working in the financial industry for almost 1987 years and have never seen such a tragic crash. Is the 20 stock market crash going to happen again? Is the market index going to plummet by more than % in one day again? This is too scary!"

"Oh my god, will the Great Depression of 29 come back again? If so, the whole world may be reshuffled again."

The trading hall was filled with panicked discussions, and everyone was in a state of panic.

But many more traders and brokers were selling and trading like crazy, trying to minimize their losses.

Now they have no time to be sad about the passing of time.

The telephones in the trading hall kept ringing like a violent storm.

On the other end of every phone call, there is an almost crazy and desperate investor who just wants to sell his chips as soon as possible to reduce losses.

But unfortunately, there are very few people who take over.

Who would dare to take advantage of the situation at this time? If you are not careful, you will end up losing everything and even your body will be gone.

In desperation, many traders and brokers could only lower prices again and again and sell frantically, but there were still very few people willing to take the orders!

They can only continue to lower prices and continue selling frantically.

The result was that the entire market soon formed a stampede effect that made everyone despair.

Everyone except the short sellers is fleeing frantically regardless of the cost.

The overall market index continued to plummet, with no signs of slowing down.

In the blink of an eye, the financial tsunami has formed and spread rapidly.

It quickly spread to the entire Wall Street and then to the whole world!

London, Buckingham Palace.

Prime Minister's Office.

Looking at the plummeting U.S. stock market, McCarthy, chairman of the UK Financial Services Authority, was furious and started cursing.

"These treacherous bastards told me this morning that they were considering jointly rescuing Lehman Brothers Bank, and I believed their lies!"

"It turns out they were throwing smoke bombs and playing me like a monkey, just to buy time for Lehman Brothers to file for bankruptcy protection. It's so damn abominable!"

Looking at the frustrated McCarthy, the British Prime Minister was so angry that he almost exploded on the spot, and felt helpless!

Why are all my subordinates such useless people? They don't even realize they are being played like monkeys. What can I expect from them?

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