Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

"Okay, okay, since you have such a demand, we will naturally accept it.

Well, the monthly premium of 8 million US dollars is reasonable. Do you plan to sign a three-year contract?"

"Yes, no matter what happens in the middle, even if your bank goes bankrupt, you must give priority to paying our fund..."

Before he finished speaking, the female manager couldn't help laughing so hard that her face was deformed.

"Will our Citibank go bankrupt?"

The two seemed to have heard a big joke.

The female manager waved her hands repeatedly, defending her rudeness:

"Brother, you should change your career to become a talk show host, it's really funny."

The bankruptcy of Citibank is indeed the funniest joke they have heard this year.

However, at the strong request of Michael Bray, the two still stated in the insurance contract that even if they encountered various force majeure (including bankruptcy), the sale of the building must be completed first!

"If there is a credit default event in the mortgage securities in the contract, the Death God Foundation will be compensated with 1 billion, 3 billion, 8 billion, 20 billion US dollars according to the scale of the event..."

The two even thought that it would not be a problem to indicate a compensation of 50 billion US dollars, because Michael's foundation would have to pay more premiums.

But in order to make their behavior look less like robbery, they slightly restrained and lowered the premium specifications.

In their opinion, they can get 8 million US dollars of insurance premiums from the Death God Foundation for free every month, which is nearly 100 million US dollars a year, and 300 million US dollars in three years!

As long as the project ends after three years, their team can share nearly 7% to 9% of the dividends of 300 million US dollars. Isn't this faster than robbery?

But Michael knew that these two clowns were destined not to get this money. If they knew that they had been targeted by Cayman Capital, they might not laugh anymore.

After signing the contract, the two sent Michael away and chatted unscrupulously about which high-end restaurant they would go to celebrate later.

Michael shook his head, took off his suit jacket, and planned to take his bodyguard to the next destination - Sweden!

Sweden has hundreds of banks, almost all of which are within his hunting range.

The two managers of Citibank thought that this matter was over.

Unexpectedly, there was more than one fool in this world. Another small foundation came to the door, hoping to buy mortgage securities default insurance.

The two supervisors responded quickly:

"We have this insurance business, please follow me."

Two more people came to consult about this kind of business, and the management of Citibank accepted them all.

"There are so many crazy people in this world, haha."

"At this pace, our dividends will reach hundreds of millions of dollars in three years!"

The two people have already imagined that they will retire after success, buy luxury houses, buy luxury houses, and enjoy life.

What they don't know is that because they ridiculed Michael's behavior, Cayman Capital's partners hated them, so they pulled them to death.

Anyway, many commercial banks will go bankrupt in the future, and they have no burden in their hearts to have a few more.

The news that four crazy people were buying CDS (default insurance) spread throughout the world's financial industry.

What surprised some people was that the tentacles of these four companies actually extended to the entire Western States, and even some wealthy banks in the Black States had their active presence.

They simply calculated the accounts of the four fund organizations, and each of them had a monthly insurance premium of hundreds of millions of US dollars.

Those who discovered this were more gloating:

"Their investors will probably jump off the building in a hurry."

Listening to Robert's report on the phone, Wang Lei not only did not jump in a hurry, but applauded:

"Very good, I thought it would arouse these people's vigilance and there would be obstacles in buying CDS.

I didn't expect that it could reach a scale of 2 billion US dollars in insurance premiums."

2 billion US dollars per month, 20 billion in a year, 40 billion in two years, and 60 billion in three years!

Only Cayman Capital has such strong funds to support this largest gambling agreement in history.

"Boss, isn't the premium a bit too much..."

Robert would be lying if he didn't feel bad looking at the huge premium. As a housekeeper, he felt uncomfortable watching the cash go out but not in.

"It's okay. We can detonate Universal Real Estate at any time. As long as we take the initiative to press the collapse switch, we can see the return in early 2007 without waiting for a year."

"Boss, what if these banks use the initiative to close down as a bargaining chip?"

"If they want to close down, let them close down. Anyway, it is stated in the contract that we should be compensated first. If they are insolvent, we will become the largest creditor. Then all the banks will belong to us!"

"We will become the manipulators behind the World Bank!"

Robert felt a little numb when he thought of this. This was something he had never dared to think about in the past.

But under Boss Wang's step-by-step layout, the boasts he had made were about to become a reality.