Archived Financial Talent
Chapter 580 The Greatest Ponzi Scheme
Chapter 580 The Greatest Ponzi Scheme
After two months of debate, the case about the violation of monopoly laws by the world's richest man Bill's company is also beginning to draw to a close.
At the beginning, people in the capital market thought that Bill's company would lose the lawsuit during the investigation, so many people shorted Bill's stock price in the market.
However, after two months, many people began to realize that the situation seemed to be a little different, and Bill Company was likely to win the lawsuit this time.
Following the ruling of the Federal Supreme Court, Bill Company was not found guilty of monopoly charges.
When the verdict came down, Bill's share price rose by 20.00% that day, followed by several days of big gains.
However, even after this surge, Bill's share price still fell by 50.00% from the price before the incident.
During the recovery of Bill's stock price, the biggest losers were those short sellers on Wall Street.
After all, they bought a large number of financial derivatives in the market to bet on the decline of Bill's stock price.
Now Bill's stock price has not only rebounded strongly, but the official monopoly investigation has also ended, and the products in the hands of those short-sellers have become worthless.
When Lin Feng saw that Bill Company had won the lawsuit on the Internet, Chen Dajun also brought him good news.
The person who helped Bill has been found out.
Bowen, chairman of the stock exchange, is also the new official economic adviser.
The defense documents obtained by Bill were obtained by Bowen by taking advantage of his authority.
Bill also relied on the information provided by Bowen to successfully defend himself in court and protect his company from sanctions.
"Bowen, the chairman of the exchange?" Lin Feng repeated the name Chen Dajun told him just now on the phone in doubt.
After Lin Feng finished muttering the name, he was very puzzled.
How could he remember that he didn't seem to have any information about this person in his memory, and his family didn't seem to have any conflict of interest with this person?
Lin Feng never figured out why the other party wanted to help Bill.
"After we got to know this person, we also investigated this person's information and found that the boss had never had any interaction with him before."
Just as Lin Feng was quietly thinking about whether he had offended this person somewhere, Chen Dajun's explanation came from the other end of the phone.
"However, we found out a piece of information, that is, this Bowen also accepted the entrustment of others to help with financial management."
"When the boss and Buffett had a conflict before, in order to solve the risk of their fund being redeemed by investors, Buffett wanted to get back the [-] million US dollars he had placed with Bowen. "
"I also found out that Bowen was not very willing to let Buffett redeem the funds at the time, and because of these two things, the two had a big fight."
"What's the final result?" Lin Feng asked curiously.
It never occurred to Lin Feng that there was such a thing.
When Buffett was facing a fund redemption crisis, Lin Feng thought that the other party had borrowed funds from the central bank to tide over the difficulties.
As a result, I didn't expect that there was such a thing in the middle.
Chen Dajun heard that Lin Feng was interested in this aspect, so he quickly reported the situation he investigated to Lin Feng.
"The final result was that both sides took a step back, and Buffett finally got only $[-] million in funds from Bowen."
After listening to Chen Dajun's words, Lin Feng fell into deep thought.
It turned out that after Chen Dajun finished introducing Bao Wen's situation, a vague message suddenly flashed in Lin Feng's mind.
In his previous life, Lin Feng seemed to have heard about this Bo Wen.
It's just that for a while Lin Feng couldn't remember the circumstances under which he heard it, so he planned to recall it carefully.
A few minutes later, Lin Feng's eyes suddenly became extraordinarily bright.
He finally remembered where he had heard of Bowen's name.
It turned out that when Lin Feng was a trader, he heard his superior tell a story that happened in country M.
It is said that in country M, there is a chairman of an exchange with a very good mind. He packaged a very old-fashioned Ponzi scheme, and then used it again.
Although that person's scam was simple, many people could tell it was a scam at a glance.
But such a simple scam made this person known as the person who made the Ponzi scheme famous all over the world.
I heard that many upper-class people in country M were involved in this scam, and many business elites and Wall Street bosses willingly gave money to each other.
The funds involved were as high as tens of billions of dollars, and when that person was reported and arrested by his son, those funds had already been wiped out.
Lin Feng vaguely remembered that that person's name was Bao Wen.
Wouldn't it be so coincidental?
Lin Feng's face suddenly became wonderful.
"Immediately help me find out who this Bowen helps with financial management. I need a detailed data on this."
Chen Dajun was stunned for a while when he heard Lin Feng's words. Aren't they currently discussing the matter between Bill and Bowen?
Why are you paying attention to this aspect of Bowen's financial management?
But even if Chen Dajun didn't understand Lin Feng's meaning, he still followed Lin Feng's meaning to investigate this information.
Chen Dajun's efficiency is very high. On the one hand, these materials are not top-secret information. As long as they investigate carefully, they are still easy to find out.
On the other hand, Chen Dajun's intelligence agency in country M has already been established, and all channels have been opened up, so these materials can be collected in a very short period of time.
When Lin Feng got the information provided by Chen Dajun, he immediately lay down on the table and studied the people on the list.
When he saw that there were a lot of names that Lin Feng knew from newspapers and TV among the clients of assets under Bowen's management, he was [-]% sure that this Bowen was the person he thought of.
When Lin Feng's heart was confirmed, the corners of his mouth rose slightly, revealing a strange smile.
Lin Feng has never been a generous person. If someone has trouble with Lin Feng, he will generally not make it easy for the other party.
Originally, Lin Feng planned to take advantage of the official investigation of Bill's company to annex the company, but he didn't expect that such a Bowen would come out in the middle, which made it impossible for Lin Feng to annex Bill's company.
"Since you provoked me, don't blame me for being cruel."
"What's more, if I do this, I'm doing justice for the heavens."
Lin Feng raised his right hand and held it in the air, a pair of bright eyes flashed a gleam.
"Da Jun, there is something I need you to do for me immediately."
Lin Feng quickly took out the satellite phone and called Chen Dajun.
"Remember, this matter must be made bigger and better. I want to let many people know about this matter."
After hearing Lin Feng's plan, Chen Dajun on the other end of the phone felt a slight chill in his back, and silently mourned for this Bo Wen for a few seconds.
This guy, it's not good to mess with anyone, but he actually messed with Lin Feng. It seems that he will feel better now.
After Chen Dajun and Lin Feng finished talking on the phone, they started to arrange this matter.
(End of this chapter)
After two months of debate, the case about the violation of monopoly laws by the world's richest man Bill's company is also beginning to draw to a close.
At the beginning, people in the capital market thought that Bill's company would lose the lawsuit during the investigation, so many people shorted Bill's stock price in the market.
However, after two months, many people began to realize that the situation seemed to be a little different, and Bill Company was likely to win the lawsuit this time.
Following the ruling of the Federal Supreme Court, Bill Company was not found guilty of monopoly charges.
When the verdict came down, Bill's share price rose by 20.00% that day, followed by several days of big gains.
However, even after this surge, Bill's share price still fell by 50.00% from the price before the incident.
During the recovery of Bill's stock price, the biggest losers were those short sellers on Wall Street.
After all, they bought a large number of financial derivatives in the market to bet on the decline of Bill's stock price.
Now Bill's stock price has not only rebounded strongly, but the official monopoly investigation has also ended, and the products in the hands of those short-sellers have become worthless.
When Lin Feng saw that Bill Company had won the lawsuit on the Internet, Chen Dajun also brought him good news.
The person who helped Bill has been found out.
Bowen, chairman of the stock exchange, is also the new official economic adviser.
The defense documents obtained by Bill were obtained by Bowen by taking advantage of his authority.
Bill also relied on the information provided by Bowen to successfully defend himself in court and protect his company from sanctions.
"Bowen, the chairman of the exchange?" Lin Feng repeated the name Chen Dajun told him just now on the phone in doubt.
After Lin Feng finished muttering the name, he was very puzzled.
How could he remember that he didn't seem to have any information about this person in his memory, and his family didn't seem to have any conflict of interest with this person?
Lin Feng never figured out why the other party wanted to help Bill.
"After we got to know this person, we also investigated this person's information and found that the boss had never had any interaction with him before."
Just as Lin Feng was quietly thinking about whether he had offended this person somewhere, Chen Dajun's explanation came from the other end of the phone.
"However, we found out a piece of information, that is, this Bowen also accepted the entrustment of others to help with financial management."
"When the boss and Buffett had a conflict before, in order to solve the risk of their fund being redeemed by investors, Buffett wanted to get back the [-] million US dollars he had placed with Bowen. "
"I also found out that Bowen was not very willing to let Buffett redeem the funds at the time, and because of these two things, the two had a big fight."
"What's the final result?" Lin Feng asked curiously.
It never occurred to Lin Feng that there was such a thing.
When Buffett was facing a fund redemption crisis, Lin Feng thought that the other party had borrowed funds from the central bank to tide over the difficulties.
As a result, I didn't expect that there was such a thing in the middle.
Chen Dajun heard that Lin Feng was interested in this aspect, so he quickly reported the situation he investigated to Lin Feng.
"The final result was that both sides took a step back, and Buffett finally got only $[-] million in funds from Bowen."
After listening to Chen Dajun's words, Lin Feng fell into deep thought.
It turned out that after Chen Dajun finished introducing Bao Wen's situation, a vague message suddenly flashed in Lin Feng's mind.
In his previous life, Lin Feng seemed to have heard about this Bo Wen.
It's just that for a while Lin Feng couldn't remember the circumstances under which he heard it, so he planned to recall it carefully.
A few minutes later, Lin Feng's eyes suddenly became extraordinarily bright.
He finally remembered where he had heard of Bowen's name.
It turned out that when Lin Feng was a trader, he heard his superior tell a story that happened in country M.
It is said that in country M, there is a chairman of an exchange with a very good mind. He packaged a very old-fashioned Ponzi scheme, and then used it again.
Although that person's scam was simple, many people could tell it was a scam at a glance.
But such a simple scam made this person known as the person who made the Ponzi scheme famous all over the world.
I heard that many upper-class people in country M were involved in this scam, and many business elites and Wall Street bosses willingly gave money to each other.
The funds involved were as high as tens of billions of dollars, and when that person was reported and arrested by his son, those funds had already been wiped out.
Lin Feng vaguely remembered that that person's name was Bao Wen.
Wouldn't it be so coincidental?
Lin Feng's face suddenly became wonderful.
"Immediately help me find out who this Bowen helps with financial management. I need a detailed data on this."
Chen Dajun was stunned for a while when he heard Lin Feng's words. Aren't they currently discussing the matter between Bill and Bowen?
Why are you paying attention to this aspect of Bowen's financial management?
But even if Chen Dajun didn't understand Lin Feng's meaning, he still followed Lin Feng's meaning to investigate this information.
Chen Dajun's efficiency is very high. On the one hand, these materials are not top-secret information. As long as they investigate carefully, they are still easy to find out.
On the other hand, Chen Dajun's intelligence agency in country M has already been established, and all channels have been opened up, so these materials can be collected in a very short period of time.
When Lin Feng got the information provided by Chen Dajun, he immediately lay down on the table and studied the people on the list.
When he saw that there were a lot of names that Lin Feng knew from newspapers and TV among the clients of assets under Bowen's management, he was [-]% sure that this Bowen was the person he thought of.
When Lin Feng's heart was confirmed, the corners of his mouth rose slightly, revealing a strange smile.
Lin Feng has never been a generous person. If someone has trouble with Lin Feng, he will generally not make it easy for the other party.
Originally, Lin Feng planned to take advantage of the official investigation of Bill's company to annex the company, but he didn't expect that such a Bowen would come out in the middle, which made it impossible for Lin Feng to annex Bill's company.
"Since you provoked me, don't blame me for being cruel."
"What's more, if I do this, I'm doing justice for the heavens."
Lin Feng raised his right hand and held it in the air, a pair of bright eyes flashed a gleam.
"Da Jun, there is something I need you to do for me immediately."
Lin Feng quickly took out the satellite phone and called Chen Dajun.
"Remember, this matter must be made bigger and better. I want to let many people know about this matter."
After hearing Lin Feng's plan, Chen Dajun on the other end of the phone felt a slight chill in his back, and silently mourned for this Bo Wen for a few seconds.
This guy, it's not good to mess with anyone, but he actually messed with Lin Feng. It seems that he will feel better now.
After Chen Dajun and Lin Feng finished talking on the phone, they started to arrange this matter.
(End of this chapter)
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