American Fortune Life
Chapter 1071 The Collapsed Wall Street Idol
In New York, a big cloud came in the early morning, the air was thick with humidity, and the rain fell in droves.
As soon as the weather gets warmer, there will be a faint smell of niiao from the subway station. Even so, there are still people having breakfast here. At the exit of the subway station, people huddled under the awning, shoulder to shoulder, looking at the water that gathered between the sky and the ground. There are so many noisy people, whispering to each other in different languages, mixed with laughter, and matched with the sound of rain, the chaos is full of rhythm.
A pair of speeding black convoys didn't care at all whether they would throw the water on the road on the passers-by, and rushed towards midtown Manhattan at lightning speed.
885 Third Avenue is a 34-storey red oval granite building, which is called "Lipstick Building" by New Yorkers because of its resemblance to lipstick. An office building named after cosmetics is perhaps perfectly suited to take center stage for the greatest financial scam in history, a glitzy whitewash that conceals a reality that may be far less glamorous.
On the 19th floor of the building, the employees of Madoff Investment Securities are busy with the company's "main business" stock trading, and the 18th floor concentrates on the company's computer and administrative work.
There is also the 17th floor, which is called the "hedge fund layer" inside the company. From here, for 20 years, the account under Madoff's name can generate nearly 1% income every month on time like a clock, regardless of whether the stock market is rising or not. fall. . .
In fact, what Madoff did on the 17th floor of the mysterious lipstick building was an elaborate and sustained deception for decades, including falsifying various documents for fictitious investments and transactions, such as taxation. Declaration forms, transaction confirmations, proof of bank transfers, etc.
On the square of the Lipstick Building, there was a rush of brakes and the sound of car doors closing one after another. Dozens of people wearing FBI and blue and dark blue uniforms rushed into the Lipstick Building in the pouring rain.
The stunned and panic-stricken building staff didn't know what happened, they just turned sideways to make way for the indifferent-looking agents.
The two elevators were all occupied by them, and there was even a group of people holding the stairwell. Even a fool would know that something big had happened.
The front desk lady on the 19th floor saw a group of menacing people coming towards their company gate. She was a little flustered and just wanted to pick up the phone to notify someone, but was indifferently pressed down by an agent who walked forward quickly.
"We are the FBI, please cooperate with our work, leave the position thank you."
Crash
A group of people directly pushed open the glass door of the office, and quickly distributed the audience under the astonished eyes of the staff.
"We are the FBI, please raise your hands, stand up slowly, leave your position, and don't make any unnecessary movements..."
At the same time, this scene was also happening on the 18th floor. Instead, the 17th floor was in trouble. Looking at the closed iron door with a combination lock, one of the detectives who were blocked at the door pressed the headset in his ear and walked away. Go forward and start entering the password according to the prompts in the headset.
"Crack!"
"Hula"
The agents blocking the door rushed into the door one after another, each running towards the target person and controlling everyone, and then another group of agents with suitcases began to sit on the computer under the eyes of the terrified employees. Before starting to collect and preserve all evidence.
Madoff, who was in an office full of various folders like a sundry warehouse, looked at him rushing in with a little astonishment. Before he could react, he controlled him and took away his laptop. members.
"Mr. Madoff, there is evidence that you have been charged with securities fraud, investment advisor fraud, mail fraud, wire fraud, three counts of money laundering, false certification, perjury, false reporting to the SEC, and embezzlement from employee benefit plans. funds......."
Madoff was still stunned, but his expression was still calm. He listened to the accusations reported by the other party. His face was completely gloomy, his eyes flickered, and he seemed to be listening to the other party explaining his rights. Suddenly occupied by decadence,
In the end, his expression became calm, and he exhaled deeply, the tight string in his heart broke suddenly, as if he was relieved.
The shocking scam that lasted for 20 years finally came to an end at this moment.
Of course, this is only for Madoff, an old liar, but for Wall Street, New York, the United States and the whole world, May 23rd is just the prologue of a big drama.
When the FBI four guarded Madoff out of the red building, reporters and cameramen who had been waiting for a long time at the door immediately surrounded him, and the live broadcast car on the side of the road had the logo of the AMC cable news station impressively. . .
On this morning accompanied by heavy rain, people all over New York and the United States were stunned as if they had pressed the pause button. Watching the live broadcast of Madoff being taken away by the FBI on the AMC cable news channel, the host in the studio blushed with excitement. , I wanted to beat the chicken blood and start to introduce this 20-year-old Max scam to everyone.
At this moment, no one thought about where the news and materials of the AMC cable news station came from, because everyone was stunned by the news. Some rich people fainted directly, and more people panicked and picked up the phone to call Madoff. . .
The collapse of the Wall Street idol caused a huge earthquake on Wall Street, and also shocked the whole United States, and the whole world was in an uproar.
The ace anchor of the AMC cable news station raised the document in his hand and started a hysterical speech like chicken blood. . . . . .
"Perhaps God thinks that Wall Street has not caused enough trouble, so he sent the "Madoff scam" like fuel to the fire.
Funny enough, Madoff's English is exactly "crazy" (Mad) plus "finished" (off).
Now the entire Wall Street is in chaos, investors are almost crazy, and Madoff is finished. . .
But the flood of questions has just begun, why Madoff can create such a shocking case with only one person?
Why can't those investment institutions with top financial experts see through such an ancient scam?
What are the US regulators doing to allow him to cheat for 20 years without being detected?
How does the Madoff case affect the economic crisis? Will the U.S. financial market collapse. . .
Let's take a look, more than 40 institutions around the world stepped on mines. . . HSBC became the largest affected households. . . Europe's top banks are on board. . . Four French banks were victimized. . . Sovereign wealth funds may also take the plunge. . . In the footbath, the financial giant Bangzi was dragged into the water. . . Victims could number as many as three million. . . "
"boom!"
"FXXK! This bastard!" Paulson slammed his face on the table with a livid face, gritted his teeth angrily, and looked at the host on TV impassionedly pointing out the list of victimized banks and enterprises, he was really a little mad with rage.
Hamilton on the side could only show an extremely bitter smile. He naturally knew who the bastard the Minister of Finance was talking about, and who else could it be except Andy Smith!
"The Dow Jones Index fell by 4.60%, which may be the largest point drop in the history of the US stock market today... Affected by this, the stock prices of the banks and companies named will plummet. He handed us the gun and followed One point kills behind us, and we have to do it, and there's nothing to say..."
The genius remembers the address of this site in one second:. Mobile version reading URL:
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