Reborn Dubai As A Prince

Chapter 078 Stealing Americans' Wealth 【36】

What's more interesting is that the "investment fool's idiot" that the New York rich man joked about - His Royal Highness Prince Sahil, he invested billions, but he shared jokes with them, as if he had nothing to do with him.

Wang Zi's acting skills are no one else... He admits that he has to be a "fool" in everyone's mouth for a while, but he knows better that by next summer, all of you will cry .

In fact, Sheikh's spread is very large, and his purpose is to make as much money as possible.

He not only bet on Paulson, but also other people, large and small, who showed foresight in the crisis, participated in the game through investment and loan provision.

The methods of selling short the housing market may be different, but the basic principles are the same. Take Paulson’s famous CDS as an example. He made a 100 million bet agreement with the bank. The bet is that within three years, the subprime debt rating will return to zero.

What Paulson needs to do is: pay millions of "insurance premiums" to the bank every year;

What the bank is responsible for is to collect this insurance premium every year. After the VAM is over, if the rating returns to zero, the $100 million in the VAM will be handed over to Paulson.

But the banks don't believe that the subprime debt will be exhausted, they think they have earned the "insurance premium". But Paulson was firm, once he made the right bet, he could earn a hundred million at a cost of several million.

To put it bluntly, 157 means that the player and the bank start to bet on whether the housing market will collapse.

In order to expand the effect of the bank's participation, Xie He is also willing to increase the insurance premium of the VAM to 10 million or even higher, so that the bank has no ability to refuse.

Earning 10 million U.S. dollars for nothing every year, who wouldn’t want a bank that is nothing but money? This kind of chain effect is quietly spreading on Wall Street.

Paulson seemed to be a money-scattering boy, and was labeled as "a fool who makes money quickly". There are more rookies who are whimsical in the eyes of investment banks, and they have also participated in the crazy game.

Financial companies are laughing like crazy, there are fools every year, especially this year.

Our prince is also accompanying this group of rich people in the Upper East Side, teasing this group of lunatics headed by Paulson, inspiring more people, even those who are not involved in finance will also bet against each other.

"Anyway, the housing market won't jump, isn't it an opportunity to make a lot of money?" Xie He smiled and instigated them, and he could do so without guilt and sincerity.

Then more people took the bait...

Greed | Greed is the original sin of mankind, even the prince himself cannot refuse the temptation to make money. The 3 billion US dollars he owns personally, plus the mortgageable Apple and Google stocks, a total of 3.5 billion US dollars are invested in the game.

Several of the prince's financial advisors have calculated, referring to the payment ratio, time and possibility of bad debts, and then conservatively estimated that once the subprime debt collapses, the 3.5 billion will earn at least 30 billion US dollars.

30 billion is not a stock or a fixed asset, but real banknotes!

The richest man in the world may have assets of 70 to 80 billion, but if you ask him to take out 30 billion in cash, let alone immediately, it will be impossible for a year or so!

However, Sheikh's goal is the entire United States. He wants to maximize the advantages of rebirth and rob Americans of their wealth! This is not enough for him, and his ambition wants to earn more!

After running out of his own funds, he lamented that when the money is used up, he will hate less, and the addiction will be gone before he has played it! Where should he continue to raise funds and play this crisis hard?

Looking at a pile of gold but not knowing what to do with it is very torturous. It even distorted the prince's heart, making him stare at the giant group Dubai World and covet their capital reserves.

There is a huge temptation to use the deep pockets of state-owned conglomerates.

In the office, the Sheikh's screen shows the financial statements and investment structure of Dubai World Group. Excluding the necessary construction investment, it will still have 100-15 US dollars of funds that have not been planned for the next few years.

So the question is, should he reach for it?

Although it is the money of the group, the group belongs to the country, the country belongs to his family, and he is the heir of his family... So theoretically he can use it, but legally he is a criminal.

The newly appointed chairman, who may be the most powerful chairman in the world, is worrying. It is his chairman's right to approve funds for investment.

But he wants to take the money into his own pocket and invest it after becoming his own money. Once there is a mistake in the operation, he will be removed from the (dbcj) station, and if he changes to someone else, he will die several times.

But the problem is that the opportunity to make money is once in a lifetime, the return on investment is 700%, and you can get it within a year or two. Ernes said: With a 100% profit, capitalists dare to trample on the laws of the world!

Therefore, the threat of the Americans is nothing compared to the terrifying financial returns!

He is currently thinking: should he use public money to invest in himself as before, and he promises to give a sufficient rate of return?

For example, he asked Dubai World to invest 10 billion in his company for a period of three years, and his company needs to pay 15% of the fee every year accordingly, and the principal and interest will be returned after three years.

"Fuck!"

Xie He was stunned, why did he use his brain so quickly? Fund ratio, repayment pressure, "deadline" and other routines were automatically figured out?

It felt like God made him do it. Sheikh's adventurous blood boiled, although he did not dare to guarantee the future 100%, but things were never absolute.

If the probability exceeds 60%, you can fight, and the worst is to fail and run away...not to mention that the probability of failure is very small, and what greets him will be great success.

With this thought in mind, the prince flew back to Dubai overnight.

As soon as the plane landed, he transferred to a helicopter and came to the headquarters of Dubai World. He met the company's CEO and CFO, one was the president and the other was the chief financial officer.

Both Fasher and Alef arrived on time. Although they didn't know the reason why the prince was in such a hurry, as colleagues and close friends of the prince, they were already mentally prepared.

So when the prince said that he would use the company's tens of billions of funds as soon as possible, although they were surprised in their hearts, they still maintained calm faces and quickly analyzed.

Fashir said from the overall situation: "Even if the chairman approves the use of large amounts of funds, it cannot bypass the resolution of the board of directors, and you will be noticed by the company and the government."

Aleph, who is in charge of finance, went into more detail: "There is not enough funds in the company's account, and the budget allocation has not yet been issued. If you need it urgently, you can only cooperate with the bank, and this will be reviewed by the financial department."

Sheikh's face was very calm: "This is a promising cooperation. The other company will guarantee an annual rate of return of 15% or higher, and the principal and interest will be returned after three years."

Fasher and Alef smiled wryly, but who didn't know that the "opponent's company" was your private business, anyone with a little financial knowledge would know that this was misappropriation.

Sheikh said seriously: "There is an excellent opportunity in front of me, and risks exist, but in the face of five times or even eight times the rate of return, what will you do?"

"What project?" Fashir asked.

"I'm betting that the housing market in the United States will collapse in the future." Sheikh revealed all his plans—without the help of these two cronies, his plan would be difficult to implement.

He simply told the whole thing, and getting them involved was the only way.

"More than five times the return?" Fasher was really tempted. The return rate was more than three times. Capitalists dared to risk being hanged to make money, let alone more. .

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