Rebirth of the Evil Life
Chapter 5486 Too weak
Madoff’s ‘Ponzi scheme’ involves too much.
In fact, when Lin Feng got involved in this gambling game, the "Ponzi scheme" changed drastically. In the world before Lin Feng was reborn, although the "Ponzi scheme" triggered the subprime mortgage crisis in the United States, the real cause of the subprime mortgage crisis in the United States was not Madoff, but Lehman Brothers. In other words, the entire financial system has become deformed. In order to pursue profits, everyone is constantly speculating on subprime mortgage options, and there is almost no review of the credit of personal loans. This has resulted in the lender's repayment ability far exceeding the risk.
Eventually, it led to the outbreak of the subprime mortgage crisis. Madoff's 'Ponzi scheme' was nothing more than a fuse that coincided with this severely deformed financial market. Therefore, although the global financial turmoil triggered by the subprime mortgage crisis was extremely terrifying at that time, for the large conglomerates in the United States, the losses were almost negligible. Only small and medium-sized companies died. This market is a game where big fish eat small fish, small fish eat shrimps, and shrimps eat mud.
But after Lin Feng entered, due to Lin Feng's huge financial support, Madoff also included these giant companies. Do these companies not understand Ponzi schemes? No, anyone who is engaged in finance and has really studied what finance is, will have heard of Ponzi schemes. Madoff's method was a Ponzi scheme. This scam will eventually fall apart one day.
But as human beings, there is greed. Once this person is greedy, he will be obsessed with profit. The saying goes that people die for money and birds die for food. This is the truth. When people are greedy, they will ignore these risks. Especially for these big companies, they think they have control over everything. You can profit from it. result. I fell into a trap. Falling victim to a ‘Ponzi scheme’. This also caused fundamental changes in all of this.
Originally, Madoff was just a trigger, but now he has become the core of the problem. If something happens to him, everything will be over. Therefore, these people must protect Madoff. Of course, the problem of Madoff’s Ponzi scheme definitely exists. But for these giant companies. They must ensure one thing, that is, first stabilize the market conditions, stabilize Madoff, and ask public opinion to let them get the money back from Madoff. Then, it has nothing to do with them whether Madoff dies or the market collapses.
Anyway, if the financial market really collapses, the U.S. government will come to the rescue. The eight major families will also rescue the market to prevent the market from deteriorating too much. leading to a full-blown economic crisis. At that point, it has nothing to do with them. They can just contact the eight major families.
Therefore, corporate giants such as Morgan, Rockefeller, Goldman Sachs, and IDG held video conferences one after another and reached an agreement in the shortest time to support the market!
They bailed out the market and didn’t have that much money. What's more, they all want to run away, and this market rescue will definitely not save them, so they only need to delay it for a while, and then force Madoff to take out their money and return it to them. They were convinced that Madoff could not lose all their money.
As for how much is left? That just depends on luck. As for who gets it first, it all depends on their own methods. But there is a premise, that is, the stock market cannot completely collapse. If the stock market crashes, no one will benefit.
To support the market, if you want to support the market, you must first support the investor confidence in the market. If all retail investors run away, the market will be doomed. Therefore, they teamed up with the media to spread the news, claiming that although Madoff was arrested, there was absolutely no trillions of dollars as rumored outside, and even if there were, all Madoff's money would be used for investment, and today's The stock market is going well, and I believe Madoff will only make money.
without losing money. In this case, he was only suspected of fraud, but it did not mean that he embezzled the funds.
This news is obviously very confusing, and it is completely deceiving those who do not understand finance. But looking around the world, how many people really understand finance? Even on Wall Street, apart from stockbrokers and those who speculate in stocks, how many of them really understand finance? They also don't know how the funds defrauded by Madoff will be used.
What's more, stockbrokers all over Wall Street are also advocating this trend, claiming that Madoff is only suspected of fraud, but it will not affect the stock market. As for the plummeting in the previous five minutes, it was just a hype using the news by people with ulterior motives. The stock market soon will stabilize. This plunge is just a one-sided phenomenon. And claimed that if you have spare funds, you can buy the bottom.
Buying the dip? In the case of a plunge of 300 points in five minutes and a plunge of 500 points in 15 minutes, buying the bottom? Is this crazy? Still crazy! Still crazy!
Everyone was wondering, but these remarks and the confidence from all stockbrokers on Wall Street temporarily stabilized the market's confidence. No one took the opportunity to sell wildly, but was waiting and watching.
"Soros, the wait-and-see mood in the market is very heavy right now, but it only takes a little bit of negative news to completely shatter this wait-and-see mood!" Abby Cohen stood behind Soros.
This time, the two of them cooperated completely. The target is this financial crisis.
"With what we have in our hands, it's enough to blow the entire market away!" Abby Cohen said.
Since there is no more news on the market, we only know that Madoff has been arrested for fraud and may be involved in a trillion-dollar super financial fraud. But what exactly is the situation is not yet known. No one knows how many companies are involved. Therefore, under the support of Wall Street, everyone can still remain calm and wait and see. But people are terrified right now.
It is now close to 11:30 New York time, and for everyone, it is already time to prepare for dinner. Usually at this time, the New York Stock Exchange is absolutely deserted. At this time, there will generally be no market conditions. Therefore, there are very few people. When you go there, you won't see anyone.
But now, the stock exchange is overcrowded. All the stockbrokers are there. There are also those individual investors. There was nothing I could do, this sudden sudden catastrophe was frightening. They could only prepare to withdraw as soon as they saw that the momentum was not right. Even if there is trampling, we must retreat. Because, if you don't withdraw, your death will only be worse.
If Madoff really defrauded trillions of dollars and lost money, no one knows how many companies would be implicated. The total market value of Nasdaq is only about 5 trillion US dollars. Madoff alone defrauded more than a trillion US dollars, almost one-fifth of the market value of Nasdaq. How many companies will be ruined!
So, everyone is waiting and watching. But one piece of news can finish them off! As long as Abby Cohen announces the names of a few companies that invested in Madoff, it will trigger an avalanche.
"No, don't worry!" Soros suddenly fell silent.
At this moment, the market has temporarily stabilized after plummeting 500 points. The entire market is in a wait-and-see mood. At this time, everyone is waiting for news to see if there is any news.
"What do you want?" Abby Cohen frowned slightly, and then exclaimed, "Soros, do you want to hand it over now?"
There are long-term and short-term futures. Soros has been buying one million lots on each of the three major indexes for a long time, which will take at least half a year before he can trade. But what was sold just now is short-term and can be delivered at any time.
"Delivery!" Soros pressed the order for the delivery order.
Soon, he had sold hundreds of thousands of short orders, and now all the transactions were completed. Later, because there was no pressure from short orders, the market began to gradually pick up. Points also began to gradually recover.
"Soros, what are you doing? You know, the boss can't delay it for long. When they come to their senses, everything will be in trouble!" Abby Cohen said with a frown.
The reason why we chose today for this plan is that Lin Feng can support everyone. Then, the entire market is defenseless to Soros. Without the real decision-makers like Old Morgan, the Morgan consortium or the Rockefeller consortium would be nothing. It can easily penetrate the stock market, make huge profits, and achieve the political goals Donald wants.
But what is Soros doing?
"Abby, you should know very well that Madoff is now a hole, a hole that can swallow everyone!" Soros chuckled, "Those people want to get their capital back from him, do you think it is possible?"
Abby Cohen shook her head. How is that possible. Half of Madoff's money was used to pay interest. The interest rate of 2% per month is 24% in one year, and the principal is basically lost in four years. It has been two years since Lin Feng lent money to Madoff. During these two years, half of Madoff's principal was used as interest payments. The remaining half was invested.
But he himself used it to invest, and although he made money, it was far less than the interest. You must know that Buffett can guarantee an annual interest rate increase of 5% in one year. Madoff is not as good as Buffett. What's more, what Madoff wanted was far from stable investment, but risky investment, and he lost a lot of money. Especially in the past year, as the funds in hand decreased, Madoff's investment became more and more crazy. This actually caused him to lose a lot of money.
Now, he has no money. Otherwise, Lin Feng’s 350 billion capital would not have defeated Madoff.
"Since Madoff will never provide money, his hole will always be there, so what are we afraid of! Why not take the opportunity to make more money! Besides, they are not here, these opponents are too bad. I need stronger opponents, There is no pleasure in defeating the weak!" Soros looked mad.
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◇【To be continued. "This text is provided by Shanshenying Group @Sharp Little Demon丶". 】
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