Reborn Millennial Gamer

Chapter 561 The first domino of the subprime mortgage (4K)

Qingming, cloudy but not rainy.

There were bursts of thick smoke in front of the grave, and a gust of wind blew by, and a cloud of paper ash flew out from the burning pile of paper money.

"Cough, cough, cough."

Zeng Yu was so smoked that she coughed repeatedly, she glanced at Lu Fei from the corner of her eye, since she didn't have a chance to speak last night, she took this opportunity to go over:
"Then, that, can I be called Brother Lu?"

"Okay, call it whatever you like."

Lu Fei smiled and said, "Just don't mention my relationship with your sister."

"No, no, I'm very tight-lipped."

Zeng Yu feels incredible until now, "Hey, I really never thought that my sister's boyfriend would be you."

The corner of Lu Fei's mouth twitched slightly, "At the dinner table yesterday, I heard from your sister that you are a top student in computer science?"

"Hmm."

Zeng Yu nodded like a chicken pecking at rice, his eyes were full of admiration, and he applied for the computer test. He was completely guided by Lu Fei's slogans of "struggling for the revival of China" and "overtaking China's Internet corner". Languages ​​from entry level to buried.

She opened the chat box and said excitedly: "Many students and teachers in our department are your fans!"

"What about you?" Lu Fei smiled.

"I'm Big Brother Lu's super diehard fan!"

Zeng Yu's words were both exaggerated and cute.

"Have you ever thought about what you want to do after college?"

Lu Fei said: "If you need help, don't hesitate."

"Really!?"

Zeng Yu's eyes lit up, and a logical artificial intelligence laboratory immediately appeared in his head, but he quickly calmed down, "Hey, Brother Lu, are you trying to bribe me?"

"You're such a clever little ghost."

Lu Fei looked sideways: "Congratulations, you got the answer right."

Zeng Yu clenched her fists: "Forget it, I don't need to bribe you, I fully support you unconditionally in marrying my sister!"

Lu Fei was very surprised, and he didn't force it. They exchanged contact information, and saw her save the number, and asked:

"But Brother Lu, I'm just curious. It's been said in the news that Sister Yuanyuan is your girlfriend. Is it true?"

"Xiaoyu, can you ask me such a thing?"

Zeng Li didn't expect to hear such a blinding question just after she came here, but she didn't want to be stopped by Lu Fei:
"What do you think?"

Zeng Yu looked at them who were so close, and whispered, "Is it a smoke bomb that was deliberately released to let sister Yuanyuan cover you and sister?"

Lu Fei and Zeng Li looked at each other and laughed out loud.

Zeng Yu blushed: "I, did I guess wrong?"

Lu Fei smiled from ear to ear: "No, no, you are indeed a high-achieving student. You are such a genius. You can also think of that."

"Is that true!?" Zeng Yu was pleasantly surprised.

"Children don't meddle in adults' affairs."

Zeng Li rolled her eyes angrily, and forcibly changed the subject: "A Fei, Mom asked me to ask you to burn incense together." Then she squinted at the aggrieved Zeng Yu: "There is still you, hurry up."

Watching her leave with her mouth pouted, Lu Fei thought about how to save the country in a curve, first get rid of his sister-in-law, and then get rid of his mother-in-law.

At this moment, the mobile phone rang untimely.

It was John Paulson who called.

The tone was anxious, and the first sentence was——

Lu, New World Corporation has filed for bankruptcy protection!

The second largest subprime mortgage company in the United States, which was exposed to serious losses in February, finally announced that it still had 2 billion dollars in debt that could not be repaid under the pressure of Wall Street giants, and filed for bankruptcy.

All of a sudden, the whole United States exploded!

Whether it is the elite or the public, they always think that New Century Company is only losing money, and it is impossible to say that it will collapse!

However, reality slapped them hard.

In the uproar, people's belief in real estate and the myth of invincibility in real estate were finally shaken.

But Wall Street does not allow this kind of collapse of faith, and decisively drives the media, either pinning the blame on New Century's management, poor management, or pinning the Fed on raising interest rates.

In short, it is not the subprime mortgage crisis that Lu Fei and John Paulson mentioned, it is impossible, absolutely impossible!

Singing the praises of subprime mortgages, but the capital is very honest, and they have withdrawn funds one after another. Panic is also spreading rapidly among the American people who are burdened with credit card loans, P2P, and subprime mortgages.

"boom!"

A bearded fund manager jumped down from the roof and smashed impartially on the Honda. The car skin was dented as fragile as paper, and blood spilled out little by little.

As for whether life is unsatisfactory, I don't know.

Car sirens sounded one after another, passers-by screamed terribly, and even many people joined in the fun and swarmed up.

"vomit."

Zeng Li couldn't help feeling nauseous, she turned her eyes to other places, and saw angry people shouting all over the street, "A Fei, what's going on?"

"New York is Gotham, and Gotham is New York."

Lu Fei took her into his arms, "Look at these high-rise buildings, 10 out of 9 buildings are cheated, it depends on whether he is a cheater or a cheater."

"Is there another building?" Zeng Li blinked.

"Of course Ming grabbed it, this is America."

Lu Fei told Wang Ben to speed up to avoid being blocked by the parade.

After a while, the group arrived at a luxury apartment near New York University, which was rented exclusively under Zeng Li's name.

After settling in and resting, Lu Fei took Zeng Li to visit the campus of New York University. The vice president, Jeffrey Lemon, accompanied him in person. With a smile on his face, he graciously introduced the School of Acting and the curriculum.

There are even one-to-one specialized oral English training classes.

After all, you can't rely entirely on dubbing to break into Hollywood.

"Aren't they too polite to us?"

Zeng Li held Lu Fei's arm, and felt the overly enthusiastic eyes of the professors and tutors of the acting school, as if seeing gold.

"You're welcome, I'll give you money!"

Lu Fei curled his lips. He donated 1500 million US dollars to New York University in real money, which is enough to buy his child an admission to an Ivy League university.

But it's different from Pan Shiyi and his group.

The biggest purpose of Mr. Lu’s spending money is industry-university-research research. Multi-touch and sliding unlocking technologies are developed in cooperation with Logic, and now they are working together to overcome the technical problem of “fingerprint unlocking”.

In the research center of the School of Engineering on campus, there is a laboratory called "China·Lu", which is named after Lu Fei.

Kempelin, who is both the deputy director of the laboratory and the vice president of R&D in Newark, enthusiastically introduced a transparent sensor, which uses a new pressure-sensitive ink and thinner wire, which is completely suitable for more sensitive and cheaper sensors. touch screen.

The screen is neither small nor medium.

But a big cup!

It is enough for kindle equipped with resistive ink screen to have silky touch operation at ipda level.

Lu Fei didn't understand at all, but he was really shocked.

Anyway, I feel that the money spent is not in vain!
The logic team where I belong also specially listed a timetable, 3 months, the image processing and pattern recognition algorithm of fingerprint recognition, 6 months, the fingerprint sensor equipment, and the follow-up time are all continuously polishing the fingerprint unlocking function of mobile phones .

About one year to one and a half years, come up with engineering machine.

"Lu, Apple has been applying to visit the lab, but we didn't agree to them without your permission."

Geoffrey Raymond narrowed his eyes into a line.

The corner of Lu Fei's mouth raised, "Very well, I won't be as stupid as Xerox and let a thief enter my laboratory to steal things."

Jeffrey Raymond understood what he meant, "Cook came to us personally, hoping to invest in the laboratory."

"Hehe, hurry up, hurry up."

Lu Fei was triumphant, no wonder Jobs was not in a hurry.

The patent barriers formed by sliding unlock, multi-touch and capacitive touch screens are not so easy to break through.

"I'm in a hurry. Apple offered very attractive conditions and poached many backbones of the laboratory." Kempelin made a small report.

"Really?" Lu Fei frowned.

"Yes, it is."

Jeffrey Raymond smiled awkwardly but politely: "But those people have signed non-compete agreements and non-disclosure agreements."

Lu Fei rubbed his chin, "You tell Cook for me that you want to cooperate, that's fine, let Jobs come and talk to me."

After going around for a while, Zeng Li followed him silently, feeling a sense of pride spontaneously.

Leave the lab and go through the admissions process.

I happened to bump into a reporter who came to hear the news on the road, with the New York Times press card hanging around his neck, and asked about Apple's Maga2G in one mouth.

"So far, the sales volume of lphone3G has reached 2100 million units, accounting for about 2% of the global sales."

Lu Fei said: "May I ask how much Apple sold?"

"166 million units." The reporter added: "The main Apple products are only sold in North America, and have not flowed into Europe or Asia."

"Then wait for when Apple will be distributed globally and when we will talk about it. I believe Cook has the ability to do it!"

Lu Fei took the opportunity to promote his own products: "But I'm afraid that the logic will run too fast and Apple won't be able to catch up, because the lphone is just the first step for us to take a smart phone. I think the research and development of mobile phones is on the right track. On the road, at this year's press conference, we will definitely let everyone see the charm of smartphones again."

The reporter immediately asked about the time of the press conference.

"Hehe, after the premiere of the 'Iron Man' movie."

Lu Fei shook Zeng Li's hand tightly.

"Wow!"

The reporter said: "Then there will be news about the Android Open Alliance? As far as I know, the number of members of the alliance has grown to as many as 11. Do you have any plans for the next step?"

"It's not convenient for me to answer that."

Lu Fei smiled and said: "I can only say that the Android Open Alliance will definitely appear at the press conference, and I am absolutely sure that in the field of mobile phone systems in the future, Android will definitely have a place!"

The reporter was quite satisfied that the information was enough.

Enough to write a piece of news that provokes confrontation with Apple.

At the end of the interview, with the mentality of coming all the time, I asked about the news of the bankruptcy of New Century Company, and about the sharp drop in the stock prices of Lehman, Bear Stearns, Goldman Sachs, etc., and asked about the "God of Investment" Mr. Lu. view.

Lu Fei faced the camera, blinked, and said half-jokingly:
"Don't panic, it's just a technical adjustment."

The thought of revenge was ignited again, and he said meaningfully: "Especially for Bear Stearns and Lehman, I wish them a smooth landing."

"Why does this sound so awkward?"

The reporter couldn't help but slander, and when he wanted to ask more questions, Lu Fei didn't give this opportunity, so he gave a weird smirk.

The next day, the "New York Times" successively published news about Lu Fei in the technology and financial pages, which immediately attracted countless attention.

Huaxia land came to America again?

Will you short the subprime mortgages to the end when the New Century Company goes bankrupt?
God, Master Lu, don't come here!
The first thing to react was the ABX index. As soon as the market opened, it fell below 40 points under the market atmosphere of devastation.

Like Greenlight Capital, hedge funds with only hundreds of millions of billions of dollars all followed John Paulson and joined the short-selling camp.

If you have funds, start to customize or buy CDS crazily.

Even the bulls who had inflated the real estate bubble turned their guns around one after another and turned into bears. The craze of buying MBS and CDO was quickly replaced by the craze of buying CDS.

But the investment banks and insurance companies on Wall Street are not fools. How could they bet on CDS at this time? Hence, the Paulson hedge fund and the Three-body Fund, which held a large number of short positions and CDS, suddenly became the eyes of everyone. Meat and pastry.

One call after another, blowing up the company's landline.

"These people live frugally, buy stocks by cheating, and try to get rich once in a while. They don't even know who the real winner is!"

John Paulson stood upstairs, looking downstairs.

"Of course it's us, cheers."

Lu Fei held his wine glass high and toasted in the air.

"cheers!"

John Paulson threw his neck back and drank it down.

Until this moment, I was finally able to completely vent the grievances that had been held back for more than a year: "Now the chain of doubts will only get longer and longer, starting with doubts about subprime mortgage products, then questioning the unhealthy asset structure of companies that have anything to do with subprime mortgages, and finally Don't trust the whole financial system, the subprime mortgage crisis is when, boom, it explodes."

"So we have to throw away all the CDS in our hands before the third stage. I think we can throw away the first batch now." Lu Fei shook the whiskey in his hand.

"Lu, you are right."

John Paulson readily agreed: "If Lehman and the others go bankrupt, these CDS cannot be honored, but they are just a pile of waste paper that is too hard to wipe your ass. How do you think we should sell them?"

"Aren't there many people who want to invite us to dinner? Eat!"

Lu Fei smiled and said, "Listen to their quotation first."

"Those who are against you also accept?"

John Paulson was surprised: "Including Richard?"

Lu Fei snapped his fingers when he heard Lehman's president's name.

"Aren't some friends just used? This person is no longer useful to you, so kick him away, and when you need him, pull him back. Let's have a meal together, and we will be friends again." gone?"

"So you want to be friends with Lehman and the others?"

John Paulson warned: "Beware of their fraud."

"Can they play?"

"I don't think they can play us anymore."

"Really, then let's study how to play with them!"

"Wait, wait, I can't keep up with your thinking, do you still want to reconcile with Lehman?"

"how is this possible!"

Lu Fei sneered, "You should read the first draft of "The Big Short" I gave you. Richard, the 'bulldog', is the big villain. Lehman went bankrupt and kicked out. How pleasant it sounds."

"Then you still have dinner with him and become friends again?"

John Paulson was completely incomprehensible.

Lu Fei smiled as evil as he wanted, "If you don't become friends, how can you let him relax? If you don't let your guard down, how can you get around his back and give him a righteous backstab!"

"Fake, Lu, are you really not a Jew?"

John Paulson was terrified. He originally wanted to say "Neon Man", but realized that it was too insulting, so he quickly changed his words.

"Hey, Ai Mu kicks and kicks!"

Lu Fei touched the red tie on his chest, it was very bright.

　Thank you for sending you to Antarctica to pick up Penguin's 500 starting coins.

　　
　
(End of this chapter)