Back To 2005
Chapter 849: Increased? Or did it fall?
"Up."
"Oh haha."
After hearing the news from Jin Sucheng, everyone in the box raised their glasses to celebrate.
Their reputation in Hong Kong City has been restored. In addition, their Fengyun Club has severely defeated the Elite Club in Hong Kong City.
After all, Yuan Sishen, who has regained his face, is a member of their Fengyun Club, and Yun Yuting, who lost the face of the Hong Kong City elite last time, is an important member of the Hong Kong City Elite Club.
Over and over again, from now on, when members of the Hong Kong City Elite Club see people from their Fengyun Club, they will subconsciously lower their heads and stay away.
"Brother Yuan, work hard."
"Brother Yuan, that mainland guy has to give you 5 million."
"Brother Yuan, take me with you next time you have such an opportunity."
"Brother Yuan, let me toast you."
Yuan Sishen, who became the hero of Hong Kong City, quickly received congratulations from many friends present, and the club's TT group was even more congratulatory.
"Don't spread the word until the final result is reached."
Li Youcang, who was also the founder, posted something in the group, causing all the excited club members to suppress the urge to spread the news.
Even though some people are itchy and confused, they don't dare to disobey the boss's words.
This is Boss Li who single-handedly founded the Fengyun Club. His legend of creating a market value of 100 billion in three months has always been an insurmountable mountain for all the young elites in Hong Kong City. No one dares to challenge his prestige.
"Brother Li is so steady in his work. I really want to see your style back then."
And Jing Wuyou, who didn't have such complicated emotional experiences, was happy to see that guy deflated, and smiled and toasted the big guy next to him.
Unfortunately, Zhou Anan only lost 5 million, which was just a drop in the bucket compared to that huge wealth.
However, the other party can do a little bit about women.
"Wuyou is over-hyped. I just happened at the right time. It's not as exaggerated as the rumors."
It was the proudest thing in his life to be poked by this mainland tycoon, and Li Youcang couldn't help but drink generously.
"Mr. Zhou, come, let me toast you."
In the KTV box on the third floor of the five-star hotel, Liu Ci, who had drunk a lot of red wine before, took the initiative to pick up a cocktail with a low alcohol content and saluted his new boss.
Because of Liu Ci's status, apart from the table full of wine and fruits, there were no other waiters present in the private room, which seemed a bit monotonous.
"What does this mean?"
Looking at the Hong Kong actress who still had clear eyes after drinking half a bottle of Lafite at the dinner, Zhou Anan, who was a bit ashamed of her drinking capacity, did not respond immediately and started playing a word game.
It would be really embarrassing if he was knocked down by two female celebrities tonight.
A man can be decadent and sad, but he must never lose to a woman other than his wife.
He has no wife now, so he can't lose.
"What do you want to say?"
Hearing the other party's question, Liu Ci's voice was filled with touching tenderness, her clear eyes instantly became blurred, and her already charming face became even more charming.
".Let's play dice."
Already feeling that the shadow of 'defeat' was about to fall over him, Zhou Anan quickly calmed down and diverted his confused attention.
The Hong Kong actress who became famous after the 90s has really strong acting skills and abilities, so she needs to be vigilant anytime and anywhere.
"Xiao Feng is coming too."
"good."
"."
With the cooperation of the two Hong Kong female stars, the atmosphere in the room gradually became lively.
At this moment, Zhou An'an safely forgot about the bet with the second-generation rich man, and did not notice that the time had passed when the U.S. stock market opened.
For him, the ending didn't have much suspense.
If you lose, it’s 5 million;
If you win, it’s only 5 million.
"The news just came that no bank is willing to inject capital into Fannie and Freddie to save the market, and the Nasdaq index fell by more than 100 points."
It was 20:25 Hong Kong time. Less than an hour after the fun, the atmosphere in the private room of Fengyun Club became dull due to the new news from Jin Sucheng.
The good news came and went too quickly.
No one would have thought that no bank would be willing to help Fannie and Freddie out of trouble even if the U.S. Treasury Department came forward, let alone that the meeting would end so quickly.
In less than two hours, the life-saving straw for the two houses completely disappeared.
Obviously, before this fifth joint meeting of bank executives, all banks have already made decisions, and only the US Treasury Department is struggling.
"Is the U.S. Department of the Treasury a jobber? If Fannie and Freddie collapse, the entire U.S. economy will be set back by at least ten years."
Seeing victory in sight, Yuan Sishen heard the news and felt like a wake-up call.
Although his economic knowledge is shallow, he also knows that Fannie and Freddie are related to the overall financial situation of the United States and must not fall.
This is also the consensus and confidence of countless Wall Street players. Otherwise, at the beginning of the subprime mortgage crisis last year, the U.S. stock market would have fallen long ago, instead of fluctuating in a trance and ups and downs, trapping countless speculators who wanted to short.
"For major banks, the U.S. Department of the Treasury is just the breadwinner. When Fannie and Freddie collapsed, only the U.S. Department of the Treasury was worried, and it had nothing to do with the banks themselves. Nowadays, the defaults of major European and American banks are increasing day by day, and they have no time to take care of themselves. If the major banks If we work together, Fannie and Freddie can still be saved. Just one or two banks will not help at all. No one will risk falling into the mud to help Fannie and Freddie."
At this time, the great speculator Jin Sucheng, who did not want to admit this possibility, explained the reasons behind the scenes to some members present who did not understand US stocks.
The result of this meeting may cost him hundreds of millions of dollars, making his originally plain voice become a little deeper.
The United States, which has always boasted freedom, has powers such as the fiscal department, but it cannot force the major banks to save Fannie and Freddie.
A fuse had been lit in the dark, and the remaining fuse slowly approached the bottom of the 'dynamite'.
Only those large groups that are trapped in the mud are holding on to the retail investors who are unable to retreat, and they are clinging to the final front without backup.
The end of the subprime mortgage crisis is close at hand.
It's not too late for him to wake up now.
"Would you like some help?"
Without dwelling too much on the failure of the bet, Li Youcang, the club's founder and most powerful man, asked about Jin Sucheng, known as the 'god of speculation' among his friends.
"It's not necessary for the time being. At worst, I'll cut myself off and leave as soon as possible."
Shaking his head, Jin Sucheng, who had suffered a lot of losses, thought that he had not yet reached the bottom of asking for help from others.
Since he is the "God of Speculation" of the Fengyun Club, how could he put all his treasures in one basket like ordinary players who don't know how to do it? It's just that there is a big hole in the somewhat full basket.
The TT group, which had been a bit lively before, suddenly fell silent, becoming eerily silent.
Happiness is like a tornado, it passes in a flash.
"That guy, is he really that lucky?"
Different from the pessimism of others, Jing Wuyou, who had just joined the Fengyun Club and was not among the elite in Hong Kong City, just lamented that guy's good luck in his heart.
He would never admit that that guy from a peasant background really had such a strong vision.
"Sister Rong, do you want to add more?"
"No, delivery tomorrow."
".good."
Instead of taking advantage of this so-called 'good opportunity' to increase investment, Lu Xiangrong looked at the night outside the window, admiring the brightly lit city below with great interest.
She wanted to see if everything was as expected by the big boss.
All the major banks are sitting on the sidelines, and the two houses are in danger. Will the US stock market persist for a while?
Will the U.S. Treasury Department really go all out to rescue the market on its own?
The U.S. Treasury Department took action, but Fannie and Freddie's stock price fell into the abyss?
She is looking forward to it.
You'll Also Like
-
The Cannon Fodder Heroine Strikes Back Online
Chapter 766 15 hours ago -
No way, I’m invincible, and the horror game is just coming?
Chapter 2411 16 hours ago -
Mystery: The Extraordinary Journey Starting from an Angel
Chapter 356 19 hours ago -
Hogwarts: I rely on MC to pretend to be an alchemy professor
Chapter 106 21 hours ago -
Being robbed by her bestie, she married an officer and got pregnant with twins, but she won by lying
Chapter 435 21 hours ago -
Do Not Disturb Ascension
Chapter 181 21 hours ago -
Naruto: His comprehension is beyond belief, shocking the ninja world!
Chapter 153 21 hours ago -
Female supremacy: After the beauty counterattack, the senior sister regretted it
Chapter 192 1 days ago -
Pokémon: Start as a Pirate!
Chapter 387 1 days ago -
At the beginning, take down the protagonist's mother and get a double pupil as a reward
Chapter 138 1 days ago