Reinventing the Millennium.

Chapter 773 Effects
The establishment of the New York Institute only caused a little wave in the huge New York City, and it was fleeting.

The "New York Times" is still advocating housing prices, the CDO securities market remains prosperous, short sellers are silently raising funds, and active and retired referees are planning how to grab more profits.

Fang Zhuo did not see Rubin and Geithner again, and even Mr. Sa only once. However, the New York Institute office in the Empire State Building was quickly filled with scholars from Harvard University.

Objectivity, independence, and a third party are what Fang Zhuo, a sponsor, has requested of this institution most of the time.

Throughout the first ten days of July, Fang Zhuo stayed in New York to provide support for MIGA Fund and Mr. Kong.

The financial institutions attracted by the charity dinner have been more willing to talk directly with Mr. Fang than the middle-aged oriental man who is the president of the MIGA Foundation for several days.

Fang Zhuo never refuses to come. Many institutions are within the radiating range of the two big democrats, Sa and Lu, and have deep or shallow relationships. Organizations such as the Northern Trust originated in Chicago. Rising stars in politics are connected.

In addition, Larry, the founder of Google, also personally invested a sum of money after chatting with Fang Zhuo in Yike's office.

This money is the budget for Larry's trip to New York to buy a villa...

How can I put it this way, when Larry walked out of Yike Company, he was suddenly a little dazed and regretful. How could he be so confused? While chatting with Mr. Fang, he talked about housing price trends, financial management concepts, fund performance, and then impulsively. What about the promised investment?

Larry left New York with a few copies of the "New York Times" given to him by Mr. Fang, and planned to verify the small bet with Mr. Fang on housing prices in half a year.

The founder of Google took out 4000 million US dollars, which is more and more straightforward than many institutions have invested.

It can only be said that this is a speck of dust from the top rich.

In comparison, the style of another rich man is very different.

Achuan is a well-known real estate developer in New York, but his reputation is mixed. His hype-loving style makes many political and business celebrities dislike him.

He is very interested in the past income and future investment direction of the MIGA Fund. After meeting with Kong Yu at the charity dinner, he visited the real principal of the foundation several times.

It's a pity that the young oriental population is very tight-lipped and only willing to accept investment, not a closer cooperative relationship.

Also, Achuan always felt that the expression on Mr. Fang's face was rather weird, and he wondered if it was his own illusion.

In the end, Achuan bargained and bargained again, broke through the investment threshold of 1000 million, and invested 500 million US dollars in a dab.

Referees, institutions, rich people, in less than two weeks, the MIGA fund raised an additional 3.9 million US dollars, and the big short John Paulson needed 1.5 million US dollars to open a short CDO position.

The funds circulated through different channels found John, which surprised him, and established two similar short-selling funds one after another.

John’s way of shorting is to short dangerous CDO securities and buy cheap CDS contracts at the same time, but the information of the former is not so easy to filter and infiltrate, so he simply built his own CDO garbage in the name of Goldman Sachs with a reward of 1500 million US dollars securities.

This process was opened by Goldman Sachs for the sake of money.

However, Goldman Sachs was also a little surprised that John suddenly increased the demand a lot, and was paying attention to the market trends, but did not get any useful gains. It could only continue to absorb CDS contracts silently, so as to offset the CDO in its own hands. risks of.

This action of Goldman Sachs came from Paulson, who was promoted to financial steward. He strictly demanded that Goldman Sachs should do risk hedging for CDO. This firm attitude was fully implemented after resigning several dissenting executives.

On July 7th, MIGA Fund recovered part of its own funds, amounting to as much as 20 million US dollars. These profits are based on the prosperity of the US real estate market, the recovery of the Internet industry, and the boost of Chinese concept stocks. , will continue to divide some of the flow to John Paulson, and build positions for the "two rooms".

According to Fang Zhuo's estimation, by the end of this year at the latest, the market should feel the coolness of real estate and subprime debt, and the stock prices of "F&F" will respond.

This is a wave of quick money.

In addition to being able to win over some American bargaining chips that can be lobbied, its short-term cashing also helps Bingxin's two-legged catch-up.

In terms of talents, Liang Mengsong is close to being in place, and a group of engineers in Taiji are leaving one after another, and several colleges and universities in the mainland, including the University of Science and Technology of China, will have graduate talents imported. These are the fresh blood and vitality of Bingxin.

In terms of funds, you don't have to wait until the subprime debt crisis and the financial crisis are completely over, the short-selling money can be withdrawn and put in the position that needs development.

When someone has money and talent, Fang Zhuo couldn't help but look forward to a few more interest rate hikes from the Fed when he was calculating.

However, the Federal Reserve's actions against the real estate market seem to have completely stagnated after the first half of the year, and it seems that something is not right.

On the last day of July, Fang Zhuo attended another reception in New York, packed his bags, and prepared to return home.

But his last day in the United States was not idle.

First, I asked about the construction of the team. The general manager signed two players from Europe, shooting guard Anthony Parker and power forward Darius Sangueira. This is a name Fang Zhuo is not familiar with. Subsequent changes.

Later, Fang Zhuo had lunch and dinner with Stringer and Yu Hong respectively.

After Sony received the payment from Fang Zhuo for the purchase of shares in the Android company, it released its financial report for the second quarter of this year. Regardless of the performance of TVs, panels, and consumer electronics, at least this data is relatively beautiful.

Seeing the old jazz talking and laughing happily during the meal, he still has some plans for Sony's future.

Fang Zhuo sincerely blessed Stringer, and felt that even if Sony expelled the British jazz in the future, he would definitely retain his position as the executive director of Yikefei.

Having dinner with Mr. Yu Hongyu at night is very official.

Yike's mobile phone project gradually encountered obstacles, which required Yu Hong to coordinate and solve them.

As Apple gradually revealed the news that it didn't know the truth, the pressure on Mr. Yu was also increasing. In addition to complaining about the boss's recent reception in New York, this meal was a systematic chat about the selection of important parts of the mobile phone.

The flight from New York to Shanghai is at one o'clock in the morning.

The dinner for the two of them lasted until eleven o'clock at night, and besides the plates, documents were placed on each other's tables.

"Fang always eats too much dinner at the reception, and these are not to his appetite?" Yu Hong asked with a smile when she saw the boss's dinner that hadn't moved much.

Fang Zhuo also smiled and replied, "I feel a little sick to my stomach, a little problem, an ulcer."

He had some stomach ulcers during the previous physical examination. According to the doctor's advice, he should try to avoid coffee and strong tea, quit smoking and drinking, and eat regularly.

But these are not easy to do when I am busy, especially, I still like to drink strong tea and coffee, and it is inevitable to drink at this month's reception.

Yu Hong was slightly taken aback when she heard the words: "I thought you, a workaholic, are a strong man. My dad also has this problem. Pay attention to your health, don't be busy with so many things when you return to China, eat on time, and take care of yourself."

Fang Zhuo laughed: "Definitely, Mr. Yu, let's communicate more, and the people who come from China to exchange and study next month must also be settled. The software development based on the Android system is very important, and it will be our competition with Penguin." An important part."

After Yu Hong heard about the work after two sentences, she felt a little helpless, so she could only respond: "Okay, I will report to Boss Fang in time."

"Let's go, see you later, I guess we'll have to fly around in the second half of the year." Fang Zhuo didn't hesitate, took the documents, and prepared to drive to the airport.

"Safe up and down, take care of your body." Yu Hong only had one such instruction at the end.

After Fang Zhuo got into the car, he rolled down the window and waved at Mr. Yu.

He will come again soon, and he wants to watch the fireworks of the subprime debt crisis live.

……

Google, Android, Taiji, Qualcomm, Subprime, Dalu Xiaosa and Xiaoao.

Fang Zhuo did not review the documents as usual on the flight back to China, but just quietly sorted out the various situations encountered during this trip. Some things could be handled better if he did it again, but at the time he tried his best up.

To say that what excites him the most these days is not the profits brought by the subprime debt crisis, but Liang Mengsong's agreement to join.

"Tea, forget it, drink water."

Fang Zhuo thought about it for a long time, and he let out a sigh of relief after his heart became clearer.

The secretary handed over the cold boiled water. Seeing that Mr. Fang had a relaxed expression after drinking it, he said with a smile, "Mr. Fang, Jay Chou is going to release a new album "Still Fantasy" in September, and he has recorded a new song just for you."

Fang Zhuo was a little surprised: "New album? Will he include the song that scolded the referee?"

As he spoke, he took the earphones and heard a new song "Brother" from Jay Chou that he had never heard before. There was a line in it, "Boss Fang told me, don't call me brother anymore, brother must stick to himself, brother brother..."

After Fang Zhuo finished listening, he put down his earphones. It was not a wonderful feeling, but probably the little butterfly effect he brought.

It's not bad, it's a good thing to stimulate the desire to write songs, and it's also a good thing to fan the changes in the semiconductor industry.

A butterfly in the Amazon rainforest, occasionally flapping its wings, may cause a tornado in Texas two weeks later.

Fang Zhuo flapped his wings vigorously, intending to create a bigger storm.

　It's too late to come back today, send as many codes as you want, and try to return early tomorrow.

　　
　
(End of this chapter)