In Tokyo, even the most fierce dragon is afraid of the hatchet

So.

Large, well-known and established investment banks such as Goldman Sachs, Morgan, and Salomon Brothers have undoubtedly become the center of criticism.

Such news reached the United States.

Warren Buffett felt very aggrieved, but didn't know how to explain it to the Japanese.

Although it is true that he shorted the Japanese stock market and did not have good intentions, the money he earned from Japan was earned back by the Japanese. Why should he bear such a big blame for no reason?

The president of Morgan Investment Bank was also unable to catch his breath.

Morgan has been taught a lesson twice by repeatedly shorting Japan over the years, with cumulative losses amounting to billions of dollars.

Now, the victim has become the despicable banker.

At this time, Salomon Brothers was negotiating a merger with Citibank. Due to short selling in the Japanese stock market, the brothers suffered heavy losses. If they did not sell, the only result would be bankruptcy.

Suddenly, I was scolded for making a lot of money by shorting Japan.

Just seriously.

The US conspiracy is indeed not an injustice.

Ever since the Plaza Accord forced the internationalization of the Japanese yen and used the Toshiba incident as a warning to the rest, the situation would have turned out like this sooner or later.

At first.

Solomon also saw the opportunity, but he didn't expect to fail miserably.

All of a sudden, William Solomon understood what it meant to swallow one's own teeth.

This is fucking... It's like a dumb person eating bitter herbs, unable to express his pain!

And the other side.

Japan's major financial institutions also took action in accordance with the Securities Bureau's rescue plan.

Japan Life Insurance is no exception.

As the largest investment institution, it has some responsibilities as a market maker, and rescuing the market at a time like this is its unshirkable responsibility.

Osaka Industrial Asset Management.

As promised, Nao Nagano convened a meeting to discuss rescuing the market.

I thought it was just a trick to fool the higher-ups, but when I heard that they really wanted to use money to rescue the market, after the meeting, Seto Shinnosuke knocked on the door of the president's office.

"Sir, are you really going to participate in the rescue?"

"Seto, what are you talking about? The financial market is related to social order. As a department responsible for public welfare, isn't it our unshirkable responsibility to save the market?"

At this moment, sir, could you please stop being so shameless?

Or do you have no idea what's going on?

Seto Shinnosuke secretly complained, but he couldn't understand what Nagano Nao meant by this.

"So, which stocks should we build positions in?"

"At this time, of course, it is time to build positions in weighted stocks, such as Toyota, Sony, and major life insurance or real estate stocks."

Why are they all large-cap stocks?

Seto Shinnosuke was somewhat confused.

But when the leader speaks, it is the subordinates' duty to cooperate.

Feeling regretful that he could no longer make money by short selling, Seto Shinnosuke cleared the short positions in his secret account and obediently established a large long position.

the following few days.

The stock market did not stop falling because of the news reports of the Ministry of Finance's rescue plan.

Ishiro Honda, a well-known securities analyst at Sanwa Securities, believes that the stock market crash has a lot to do with investors' long-term preference for investing in junk stocks.

It is precisely because of the risk preference of junk stocks and the lack of value, which leads to poor risk resistance, that the market plummets.

It seemed to verify Honda Ishiro's analysis. As the Nikkei fell below 27500 points, some small-cap stocks suffered heavy losses. Compared with the 28000 points of the overall market, the market fell by more than %.

This way.

Watching the assets in the account shrink day by day.

Countless investors lost money and went bankrupt.

27430.

Ichiro Yamaguchi looked up at the stocks he held.

The 30 million invested has now shrunk by 70%, leaving less than 9 million.

Heartbroken and unable to breathe.

However, the trading software popped up negative news about the company because of financial fraud and the Securities Bureau had launched a joint investigation.

There are already companies that have gone bankrupt and have been banned from listing.

If the company I own suffers the same fate, I will lose everything.

Thinking of the inside information that Naoto Nagano told him, Ichiro Yamaguchi made up his mind and sold all his stocks.

Keep a little bit, yes a little bit!!

Like an eggplant hit by frost.

After work.

Ichiro Yamaguchi came to the Nagayama family.

It was Friday.

Nao Nagano left work early to help out here.

This guy was chatting with Mrs. Yamaguchi, saying some funny things, which made the lady cover her mouth and laugh.

Speaking from my heart.

Mrs. Yamaguchi is not as elegant as Kanako Nagano, but she has a more prominent figure and her dressing style is more trendy.

Now she was laughing so hard that her body was shaking, and her majestic strength was a feast for the eyes for SP Naoto Nagano.

I was just about to say something else.

His eyes inadvertently swept across the door and saw Ichiro Yamaguchi walking towards him with a dejected look on his face.

It must be a huge loss!!

In this situation, it would be hard for Mrs. Yamaguchi to be happy!

With such malicious thoughts in mind, Nagano Nao greeted him with a bright smile.

Ichiro Yamaguchi was in a depressed mood, as if he had lost his parents. He hadn't realized that his wife was already being targeted by someone, so he forced a smile and responded.

"Yamaguchi-kun, you look so bad! Haven't you stopped your losses yet?" Nagano Nao's face was full of concern, and he found the right moment to add salt to his anger.

Ichiro Yamaguchi felt a pain in his heart and almost cried: "Because I didn't expect it to fall so much, I stopped the loss today!"

"Hey! Yamaguchi-kun, why don't you believe me? Would I harm you? If you stop the loss earlier, you can lose less money."

"That's not the case! The main thing is... I really lost a lot!"

"Is that why you can't be ruthless? Excuse me, Mr. Yamaguchi, but your indecisive personality is not suitable for investment. The most basic requirement of the financial market is decisiveness."

"Yes! Fortunately, our company has good benefits. If I hadn't bought the company's fund, I really don't know what I would do in the days ahead."

"What fund?"

"It's a collective investment fund, with an annual return of about 20%!"

"..."

Ichiro Yamaguchi was full of relief and told everyone how he bought the Seibu Kinfuku.

Five hundred million!

Twenty percent return!

Why does it sound so familiar?!

Nagano Nao was stunned for a long time, his face turned red, and finally he couldn't help coughing violently.

"Nagano-kun, are you okay?"

"It's okay! It's okay! I really envy you, Yamaguchi-kun. Being able to work in a company like this is the blessing I've always dreamed of!"

"Yes! Only a president like Mr. Tsutsumi would provide such generous benefits to his employees. But speaking of it, the job at Nihon Seiin is also very good. Nagano-kun should work hard. With your background in Keio Economics, it is only a matter of time before you become a section chief."

Chapter 268: The tear-jerking congressional election

Mentioning Tsutsumi Akiyoshi.

There was deep admiration and respect in Ichiro Yamaguchi's eyes.

It can be seen that he is very satisfied with his job and very loyal. He has regained a bit of confidence after being hit by the stock market.

But this kind of pride in working for the Seibu Group was particularly funny in the eyes of Nagano Nao.

Twenty percent annual return.

Calculated by compound interest, Turbo Buffett's earnings are just that.

With such high interest rates, one can easily guess that the Seibu Group was on the verge of collapse at any time, so Tsutsumi Akiyoshi had no choice but to raise funds from employees and transfer assets at the same time.

of course.

This is only because of the vision of a hacker who has seen the same wolfish operations that he can have such awareness.

Today, financial interest rates are completely different from what they will be thirty years from now.

Just like the Federal Reserve.

Interest rates have been rising since the war.

It rose from 1981 percent to percent in , and the benchmark interest rate for -year treasury bonds even exceeded percent at one point.

The interest rates of central banks in various countries have also been extremely outrageous. The UK's benchmark annual interest rate has long remained at around 10%, and other European countries have also had interest rates as high as around 10% at one point.