Rebirth of the Evil Life
Chapter 3290 Madoff Scam
Madoff was very curious as to why Lin Feng came to see him. www.|dyzww.|网|m|There is no way that Lin Feng just comes to him to drink tea and chat. This is impossible, Lin Feng is not so free yet. Therefore, Lin Feng must have come to see him with something important. So what is Lin Feng doing with him?
Lin Feng smiled.
"Mr. Madoff, have you heard that someone is shorting McDonald's and KFC today?" Lin Fengxiao asked.
"Mr. Lin, don't tell me that that person is you!" Madoff was surprised. Regarding the person who shorted KFC and McDonald's, he had been guessing whether this person was Lin Feng, but he was not sure. Unexpectedly, Lin Feng actually admitted it now.
"Haha, Mr. Madoff, I want to make a deal. You help me with the recycling of Qidian Fast Food Restaurant, and help me short McDonald's and KFC. In the end, no matter how much money I make, I will invest it in yours." Madoff Fund, what do you think?" Lin Feng said.
Madoff's expression changed.
Before this, Lin Feng had invested a sum of money into the Madoff Fund. At that time, Lin Feng invested a large amount of funds, a total of 50 billion U.S. dollars, and agreed that it would be placed in the Madoff Fund within 10 years. , allowing Madoff to relieve a lot of financial pressure. Unexpectedly, Lin Feng would come to invest again this time. This surprised Madoff, but of course, he was even more delighted.
His ‘Madoff Fund’ is a trap, a huge trap that has trapped countless people. In order to continue this huge pit, he must continue to invest funds. The US$50 billion that Lam Feng had previously invested had long been filled in to maintain his mythical aura of Madoff's super-high returns and achieve his myth of undefeated Wall Street investment. However, most of this capital has been used. If no other funds come in, then he will have to use his own funds to fill the hole, and his property will undoubtedly be a drop in the bucket.
Now Lin Feng wants to invest money again, he is happy. Although he also knew that Lin Feng had a conspiracy to "drive the tiger to devour the wolf" and use himself to make tens of billions of dollars. But can he refuse? cannot! For your own reputation. In order for his halo not to be shattered, Madoff had to jump into this pit.
"Mr. Lin, your funds..." Madoff pondered.
"Haha, Mr. Madoff, it's very simple, the old rules. Within ten years. You don't have to pay me interest, and I won't apply for a cash withdrawal. Just give me the money in one lump sum after ten years. Of course, if the income is good, If I am not short of money, I will consider continuing to invest in the Madoff Fund," Lin Fengxiao said.
ten years! Madoff was completely moved. As long as Lin Feng does not ask for interest payments or withdraw cash, he can maintain his halo for at least another five years. And if he acts as a trap this time, the drama will be enough. Then it may not be possible to hold on for another five years.
Ten years later, he was 78 years old. Perhaps already buried. Once buried, it will be useless even if the world discovers his deception, no matter how floods come in the future. He has gone to see God. Of course, he still has a wife and a son. But the most he can do is file for bankruptcy. The family will never be implicated. This is the benefit of Western law.
So Madoff decided to agree.
"Mr. Lin, don't worry, leave everything to me! I hope we can have a happy cooperation!" Madoff said excitedly.
"I think we will definitely cooperate happily!" Lin Feng smiled slightly, his eyes flashing with an unexplainable and terrifying look.
That afternoon. Madoff used his status as the former chairman of Nasdaq and his extensive contacts on Wall Street to immediately help Lin Feng carry out the Qidian Fast Food Restaurant delisting and repurchase plan. However, before the repurchase plan, in order to help Lin Feng repurchase the ‘Qidian Fast Food Point’ at a cheaper price. Madoff spread endless negative news in the market. It was rumored that Lin Feng would acquire "KFC" and "McDonald's" and completely abandon "Qidian Fast Food Restaurant".
Because this rumor came from Wall Street and Madoff's consulting firm, the information was extremely reliable, so many people believed it. As a result, the stock price of "Qidian Fast Food Point" instantly fell below the freezing point, $0.1. This is a shameful number, a number that can almost delist the stock. This is garbage, truly garbage among garbage stocks.
But it's not a joke, because the more rubbish the "Qidian Fast Food Restaurant" is, the stronger Lin Feng's attachment to "McDonald's" and "KFC" is. Therefore, the stocks of the two companies continue to soar and rise. By the time the market closed, McDonald's stock had reached a staggering US$240, and its market value had reached US$240 billion, doubling its value before the market opened. The share price of ‘KFC’ reached US$170, and its market value reached nearly US$100 billion. This was completely unimaginable before.
The whole Wall Street is crazy! But they didn't notice the problem. The stock prices of the two companies have risen so high, with their market value doubling in one day. Is this normal? This has far exceeded the value of the two companies, and the price-to-earnings ratio has exceeded 100. This is an extremely dangerous signal. But no one thinks about this danger signal. Instead, they are looking forward to how much money they will make from it in the future.
After all, if Lam Feng wants to make an acquisition, he will definitely do it at a very high price. Then he will continue to raise the stock price and shout out a very high price to acquire the shares held by various institutions. This is an opportunity for Wall Street to make money. An opportunity to kill Lin Feng with a single blow.
Of course, only the two owners of McDonald's and KFC are having a headache. They used all the funds at their disposal to carry out a buyback plan. The results are very gratifying. The shareholdings are all over 40%. This is already a very safe number. Even if Lin Feng starts a crazy acquisition plan, they only need to take some simple measures accordingly to prevent Lin Feng from doing anything. The annexation of 'McDonald's' and 'KFC'. But it was also a dangerous sign that the bosses of both companies had borrowed money from banks to make the acquisitions. And because the stock price has been speculated too high, both companies are a bit overwhelmed.
They can only hope that Lin Feng will retreat when faced with difficulties, and they can use future profits to repay this loss. This night, they were full of resentment and resentment towards Lin Feng. A good life was ruined by Lin Feng.
And in New York, on Fifth Avenue, all the traders were celebrating. Many traders even opened champagne and red wine that they had not drank for many years to celebrate. Celebrating a great harvest in the coming days. They firmly believe that since Lin Feng wants to acquire McDonald's and KFC, he will definitely take action. Because his credibility is here. If he ignores his credibility in order to make money, his losses will be even greater. After all, Lin Feng is the only person in the world, including all countries, who has an A+ reputation evaluation. Lin Feng is also the only one in all countries.
If he breaks his promise, his credibility will inevitably be severely reduced. The reason why he is an A+ is because he does what he preaches.
"Cheers to the dollar!" The wine in New York is full of joy and laughter.
Lin Feng was also drinking, but he was sipping the wine leisurely and slowly.
"Lin, what's going on?" Abby Cohen came to see Lin Feng that night.
Abby Cohen, as a Wall Street legend, a Wall Street gold medal investor who has seen through countless investment scams and accurately assessed the trend of several times, and as Lin Feng's royal investment advisor, she finds this matter very strange. The whole Wall Street is going crazy. What on earth does Lin Feng want to do?
"Abby, my purpose is very simple, just to recycle the Qidian Fast Food Restaurant." Lin Feng said with a smile.
Abby Cohen nodded. This is what she had previously suggested for recycling the ‘Qidian Fast Food Spot’. The market value is too low, far lower than the value of the "Qidian Fast Food Point" itself. At this time, recycling is making money. It would be foolish not to recycle. But Lin Feng would not make such a big fuss and go to Wall Street himself to give these people a hard time. This will anger the public and discredit them. Moreover, Lin Feng did not let her be responsible for this recycling.
"I hired Madoff!" Lin Feng said frankly.
Madoff, this liar! Abby Cohen snorted. In 2000, when Madoff created the Madoff Investment Fund and created a Ponzi scheme, Abby Cohen saw through his tricks. Of course, this does not mean that Abby Cohen must be very clever. It can only be said that Madoff’s scam is really simple and can be seen through with a little savvy.
Madoff promised that no matter whether the market is good or bad, he can provide 8-12% returns next year, and his returns will be paid to all investment members on time every month. This alone is enough to prove that he is a liar. No matter how smart an investment businessman is, there is no guarantee that he will be able to earn 8-12% returns every year, especially when the funds are extremely large, this return is even more unguaranteed. Although it is common to get rich overnight on Wall Street, the probability is very rare. Most of them rely on years of experience accumulation and judgment of market expectations to make money.
And the risks in this are very high. No one is absolutely guaranteed to make money. Madoff promised. This is fraud. It's a pity that so many people are still fooled, because of their interests and their trust in Madoff. Abby Cohen once commented on the Madoff Fund in an informal setting and warned many people that the fund was risky. It's a pity that no one believes it. On the contrary, some people refuted Abby Cohen's comments as slander against Mr. Madoff. In this regard, Abby Cohen can only remain silent. You can't confront Madoff over someone who has nothing to do with you. This breaks the rules of the game.
But Lin Feng went to find Madoff even though he knew he was a liar. This was abnormal. This gave Abby Cohen an idea.
"Lin, you don't want Madoff's scam to deceive the world! If so, the world will collapse!" Abby Cohen exclaimed. (To be continued)
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