Archived Financial Talent

Chapter 196 Money is not everything
After Lin Feng arranged tasks for Jiang Yi, he went to the investment department to see the results of their department's recent liquidation.

Only since Lin Feng called Sun Long over to criticize him last time, the efficiency of closing positions in the investment department has become much higher. When Lin Feng went to check this time, they had already closed nearly [-]% of the positions.

Lin Feng took a look at the current trading volume and turnover rate of Chinese ships, and knew that according to the current daily trading volume, they should be able to deal with it in half a month.

When Lin Feng was in the investment department, Sun Long stayed by Lin Feng's side to receive him all the time, and when he left, Sun Long enthusiastically sent Lin Feng to the door.

Lin Feng, who hadn't walked a few steps, stopped and looked back, only to see Sun Long turning back.

When Lin Feng left the door of the investment department just now, under the reflection of a window in front, he seemed to see Sun Long standing behind him grinning at him just now, but when Lin Feng turned around, he only saw Sun Long leaving figure.

Lin Feng didn't leave right away, but recalled the scene in the reflective glass just now, Lin Feng can be sure that it is not a hallucination.

But why did Sun Long grin at himself?
When he was in the investment department just now, his attitude was too good to be picky.

Just when Lin Feng was wondering, Li Yi called.

Lin Feng connected the phone and walked towards the office.

When Li Yi said that he had an important matter to tell himself, Lin Feng's curiosity was aroused, and he really wanted to hear what Li Yi was talking about.

Lin Feng returned to the office, closed the door, sat on the chair, and asked, "Brother Li, just tell me if you have anything to say."

Li Yi on the other end of the phone heard what Lin Feng said, so he faltered and told Lin Feng what Sun Jun said to him when he was playing golf.

A few minutes later, Lin Feng finally heard Li Yi's so-called "secret", and he couldn't laugh or cry.

It never occurred to Lin Feng that Li Yi made a mysterious call to himself to tell him about Sun Jun, but Lin Feng had kept this matter in mind at the beginning, so why wait until Li Yi told himself now.

But after listening to Li Yi's words, Lin Feng had to admit that no matter whether Li Yi really wanted to tell him or pretended to tell him, Lin Feng had to admit that Li Yi's phone call made Lin Feng From now on, I have really regarded Li Yi as a friend.

Don't look at Lin Feng and Li Yi as brothers and sisters before, but when it comes to socializing in the mall, who dares to say that the other party will definitely regard him as a real friend?
So when Lin Feng didn't know Li Yi before, although he had a good relationship with him on the surface, Lin Feng still didn't regard Li Yi as a good friend in private, because Li Yi hadn't gained Lin Feng's initial trust.

"Thank you Brother Li for your candid confession this time. No matter what, I will still keep my brother's kindness in my heart."

After finishing the call, Li Yi let out a long sigh of relief, and sat down on the sofa with a relaxed body.

Li Yi was most afraid that after he told Lin Feng about this matter, he was afraid that Lin Feng would misunderstand that he and Sun Jun were in the same group.

After the yen incident and the Chinese ship incident, Li Yi has completely believed in Lin Feng's ability in the financial market, so now Lin Feng is the "God of Wealth" to Li Yi.

Today's society is completely different from before the reform and opening up.

Money is not everything, but without money, nothing is possible.

After tasting the sweetness of being led by Lin Feng to make money, Li Yi really didn't want to give up on Lin Feng. After all, no one would have trouble with money.

Lin Feng put the phone on the table, then stood up and picked up a bottle of red wine and a goblet from the cabinet behind.

Looking at the swaying red wine in the glass, Lin Feng drank the wine in one gulp, stuck out his tongue and licked the drop of wine from the corner of his mouth, Lin Feng smiled, a very meaningful smile.

Lin Feng smiled happily, but Sun Jun couldn't laugh anymore.

In the past few days, the "credit default swap" in Sun Jun's hands has risen from the original 30 million US dollars to [-] billion US dollars.

Sun Jun used to wake up laughing in his sleep every day a few days ago, but now Sun Jun couldn't laugh at all, and walked on the road of Xiangjiang in a daze.

In the past few days, the "credit default swap" has been soaring, so Sun Jun's father, Sun Aiguo, found him, hoping that he could sell part of the "contract" in his hand first.

Originally, Sun Jun refused to agree to it. After all, these "contracts" are increasing by tens of millions of dollars every day. If you sell some of them now, you will miss out on hundreds of millions of dollars in profits.

But in the end, even Sun Jun's grandfather, Sun Yuan, also spoke, saying that he hoped that Sun Jun could withdraw part of the funds first, so that even if something happened to these "contracts" later, at least the capital would be guaranteed.

Although Sun Jun was very reluctant, he still had to find someone to discuss the sale of this contract.

But when the other party knew that the contract in Sun Jun's hand was issued by Lehman, there was no response.

At the beginning, Sun Jun didn't know what was going on, and didn't understand why those people didn't hear back when they heard that the contract in their hand was issued by Lehman.

It wasn't until Sun Jun inquired later that he found out that the real estate collapse in country M had become more and more serious, and many banks had suffered heavy losses because they had a large amount of "Collateralized Debt Bonds".

Lehman Corporation, the guarantee issuing bank of Sun Jun's contract, was the bank that suffered the most losses in this "bubble".

The current Lehman Corporation has started to talk to several banks about acquisitions due to its heavy losses, but no bank has given a clear answer to this question, so many people on Wall Street believe that Lehman Corporation will not be able to survive this crisis. , Then the depositors also began to rush to get their money out.

The Lehman company, which has suffered serious losses, has no money to give to the depositors, so those people sat in the downstairs of the Lehman company, and finally even the government of country M came forward, and is coordinating with several banks to see how to solve this problem question.

When he heard the news, Sun Jun boarded a plane from Kyoto overnight to Xiangjiang. As a result, when Sun Jun arrived in Xiangjiang, he found out that Lehman’s branch in Xiangjiang had closed yesterday, and they still The wages of many employees in arrears have not been paid, and the government departments of Xiangjiang have begun to intervene in the investigation.

Hearing the news, Sun Jun quickly took out his mobile phone and asked the people in the banking industry he knew if there was still anyone to buy the contract in his hand, but soon, Sun Jun sat on the edge of the street with a pale face, looking blank. Looking at groups of people walking in a hurry in front of my eyes.

No one wants Lehman's "credit default swap", because Lehman's bankruptcy is already doomed, so all financial products related to Lehman have become worthless.

Although the price of "credit default swaps" has risen sharply when the price of "Collateralized Debt Obligations" has plummeted, it also depends on which bank issued it.

"Credit default swap" is used by many people as a speculative tool because of the sharp rise in prices, but the essence of this contract is that when investors lose money in real estate stocks and bonds, they use "credit default swap" to reduce losses of.

But if the guarantee bank of your contract is about to go bankrupt, do you think you can still get compensation for the contract in hand?If the contract does not get paid at the end, then the contract has no value.

Sun Jun suddenly thought that there should be quite a few people like him who bought contracts with Lehman, so it was not a personal matter, but a social matter.

So Sun Jun's eyes slowly recovered, and he took out his mobile phone to make a call to his relationship in the Xiangjiang government.

But Sun Jun will be disappointed again this time.

Sun Jun was right. This time, because of the Lehman incident, it had been escalated to a major social event.

This time, because of Lehman's "running away", many "credit default swaps" and "collateralized debt obligations" that bought Lehman's have become worthless. This time it involves many ordinary people in Hong Kong.

The victim held a banner and went to sit in front of the Xiangjiang government building, so the Xiangjiang government had to stand up and said that it would give everyone a satisfactory explanation later.

Sun Jun found out that the Xiangjiang government is indeed holding an emergency meeting to discuss the possibility of the government paying for the loss, but the keynote of the discussion is still those ordinary people who have invested hundreds of thousands. As for big households like Sun Jun, what does the government mean? Yes, on your own.

Now Sun Jun is so regretful that his intestines are green, and now he is not only regretting why he didn't give up the contract earlier.

Suddenly Sun Jun thought, Lin Feng seemed to have bought more contracts than him, and wondered if his contracts could not be exchanged.

People are like this. If he is the only one who falls miserably, he will think in his heart whether other people will be the same as himself. If that person is also the same as himself, then he will feel better in his heart. After all, he is not alone. exist.

Sun Jun took out his mobile phone from his pocket again and made a call.

When Lin Feng purchased the "Credit Default Swap" from Xiangjiang, Sun Jun had already used the Sun family's relationship to find out about Lin Feng's situation. The company purchases the contract.

But the person on the other end of the phone quickly told Sun Jun that the contract guarantee bank in Lin Feng's hand had already announced that it would pay compensation for the "credit default swap" issued by them, so now all the contracts in Lin Feng's hand can be circulated and traded Yes, as long as Lin Feng is willing, he can immediately get seven or eight times the profit and leave the market.

After hearing the news, Sun Jun didn't put the mobile phone in his pocket, but directly smashed the mobile phone on the concrete road. Looking at the broken mobile phone, Sun Jun grabbed his hair with both hands in pain and squatted on the road. He buried his head in his knees and wept softly.

At this time, Lin Feng was in the office holding the mobile phone that had been listening to the phone and heard the fever, and kept rejecting the person on the other end of the phone.

As soon as I hung up a call, another call came in immediately.

Lin Feng looked at the phone helplessly, then turned off the phone directly, and then stuffed the phone into the drawer.
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(Lin Feng said helplessly: Why hasn't the monthly pass come yet.)
　Thank you for the monthly pass of "Waiting Without Nothing", thank you.

　　
　
(End of this chapter)