America's Road to Wealth

Chapter 168 Authentic Wall Street Taste

Abel was not surprised at all by the return of these Wall Street giants.

For those on Wall Street.

There is only one thing that is the most unbearable, and that is not making money.

As long as you can make money, everything else is secondary.

Even if you want him to kneel down in front of you and bark like a dog, only you can get enough benefits for him.

Guaranteed to make this group of guys laugh very happily at your feet.

This is Wall Street, the world where money comes first.

The first person to come to Abel was Morgan Stanley CEO Philip Purcell, who spoke the most resolutely in front of many Wall Street giants just now.

And as soon as Philip Purcell came up, he said to Abel who was talking to Robert's grandson:
"Mr. Smith, I agree with your offer of 5000 billion US dollars just now. However, this offer can only be recognized under the condition of prerequisites."

Robert, who was chatting with Abel and also wanted to buy some private equity funds from Smith Capital, was stunned.

Peggy, who was accompanying her grandfather, was also taken aback.

Both grandpa and grandson heard Philip Purcell's nonsensical remarks.

In particular, the figure of "US$5000 billion" mentioned by Philip Purcell made both of them stunned.

$5000 billion?
What is this concept?
Is this discussing the GDP of a small or medium-sized country?
Or are you discussing the funding of the US military this year?

Philip Purcell also noticed the existence of Morgenthau's grandson and grandson.

The CEO of Morgan Stanley nodded to the Manhattan District Attorney as a greeting.

The latter also responded immediately, while hesitating whether to leave.

Because it looks like next Abel will be talking to Philip Purcell about that $5000 billion.

Robert didn't know if it was a commercial secret, but he was a little curious about what the $5000 billion they were talking about was.

Robert also noticed that the two didn't seem to shy away from their opinions too much.

The old man simply pulled his granddaughter back a step, but did not leave.

$ 5000 billion.

Or the conversation between the super-hot Abe Smith and the CEO of Morgan Stanley.

Even the Chief Prosecutor of Manhattan, Robert was equally curious.

Abel responded to Philip Purcell with a smile.

"Then on what terms, Mr. Purcell."

Philip Purcell said: "For example, a gambling agreement, or a guarantee agreement."

At this time, another voice sounded in the small circle.

“Berkshire Hathaway thinks so too!!”

It was Buffett who walked faster, and he came to Abel faster than Paulson and Richard Fuld.

Robert and Peggy were even more surprised after seeing Buffett's arrival.

Paulson and Richard Fuld, and several other giants.

They all gathered around Abel again by coincidence.

Including Davis Brown from the Texas Consortium who didn't speak much just now.

That is, the old men of Morgan and Rockefeller did not come over.

The two old men were on the other side, forming another circle.

But these Wall Street giants were able to come to Abel so quickly.

The high probability is related to the two of them.

Robert wondered if he wanted to take Peggy away.

Because here, it seems to be talking about some great business event.

So many Wall Street giants, and that figure of $5000 billion.

Robert felt that it seemed a little bad for his grandfather and grandson to stay any longer.

At this moment, Robert saw Abel surrounded by Wall Street giants, not only did not immediately respond to these giants.

He actually reached into his pocket and took out a mobile phone.

Then Robert heard Abel laugh and say:
"Oh, there are about two minutes left. I would like to ask you, can you talk to me about this issue in two minutes?"

"What do you mean, Mr. Smith? Why wait two minutes?"

The bulldogs of Wall Street are more aggressive than anyone else.

Richard Fuld spoke again.

Abel really didn't like him.

Abel felt that it would be better if Lehman Brothers collapsed in the future.

With this kind of CEO, it would be unreasonable not to fail!
"Two minutes. Oh, more than ten seconds have passed. That's about a minute or so." Abel said patiently.

"Since you are interested, come and look for me again. Then I must be able to afford the remaining time, right?"

"Oh, there's only a minute and a half left, wait a minute, everyone."

The dozen or so Wall Street tycoons who surrounded him didn't know what kind of medicine he was selling in his gourd.

But fortunately, it's just a little bit of time, and everyone is really waiting.

This allowed Peggy and her grandfather to see a miraculous scene in front of them.

That is, these people are calling the wind and calling the rain outside, and appearing at any reception party at random.

All will become the most popular guests at the reception, high-profile Wall Street giants.

At this moment, everyone was very quiet, but they were all staring at Abel with strange eyes.

Compared with the lively reception scene outside, this small circle.

For more than a minute, it seemed as if the silence button had been pressed.

No one really spoke, except occasionally someone raised their hand to check the time.

I was really waiting for the minute or so that Abel said.

Looking at this scene, Robert couldn't help feeling: This is just 20 years old!What will happen when he reaches my age?
Thinking of this, Robert couldn't help but look at the beautiful granddaughter next to him.

At this time, Robert suddenly felt that if Peggy married him, it seemed really good.

"Whoo~"

More than a minute passed quickly, and Abel exhaled lightly.

"It's time," he said with a smile. "You can call now and ask for real-time dollar exchange rates."

Hearing what he said, everyone who was really silent for more than a minute just now felt a little strange.

Just as Richard Fuld was about to speak, Bryn Bree who was beside him suddenly grabbed him.

The chief financial officer of Lehman Brothers whispered in the ear of his own CEO:
"There's a big thing happening over there in Scotland!"

Richard Fuld was startled, "What's wrong?"

"Irish GH Army!" whispered the chief financial officer:
"They attacked Queen Issa's car! Strapped a car bomb, the car bomb went off, the Queen's car was blown apart!"

Richard Fuld was taken aback.

It's not that he loves Her Majesty the Queen and is concerned about Her Majesty's safety.

Rather, this kind of big event can often quickly affect the global financial market and quickly evolve into a black swan that can be big or small.

"What about Queen Isa?" Richard Fuld asked immediately.

All Bryn Bulley said just now was that the queen's car was blown up.

In fact, this is okay, and the impact can be controlled.

But if ..., then things will be lively.

"Don't know. But the pound and the euro have fallen!"

Bryn Bulley said softly.

Sterling and euro fell?
This is normal, after all, the queen's car was bombed!
This is already a big deal in Europe.

But... wait, the pound and the euro are down.

The dollar has always been stronger.

That.
Richard Fuld reacted instantly, and he looked at Abel.

Abel just said, let everyone check the current real-time exchange rate of the US dollar.

As soon as Abel finished speaking, such news came from Europe.

Sterling and the euro fell instantly.

Madfak!

He couldn't be the one to blow it up!
Richard Fuld's mind suddenly became a little confused, and he immediately asked: "Where is the dollar? What is the current price of the dollar?"

"It's gone up!" Bryn Bulley said anxiously.

As soon as the pound sterling and the newly born euro fall, international funds will choose to hedge.

At this time, the relatively strong yen and dollar will subconsciously become their choices.

As soon as the safe-haven funds arrived, the yen and the dollar rose immediately.

The rise of the US dollar, if the rate is not large under normal circumstances, has little effect on the international market and the United States itself.

But the point is
The U.S. dollar has been short for a week now!

This trend is largely due to human factors.

The people who caused these man-made reasons were some of the forces on Wall Street, led by the four major investment banks.

Richard Fuld immediately said anxiously: "Immediately order the guards to suppress the rise of the dollar!"

This time, due to the strength of the pound and the sluggish economic data released by the United States.

The dollar has been bearish for more than a week.

There are too many companies on Wall Street, taking advantage of this "east wind", quietly shorting the US dollar and longing other currencies.

Under the general trend, just like the current US economy is actually generally good.

The dollar was still under pressure.

Zipperton, who was about to step down, was very dissatisfied with this.

The labor and management are about to leave the venue. At this time, do such a show for me?
But there was nothing he could do.

Working on Wall Street, where do you need to be meddlesome as the owner of a white house?
When we have a problem, just come out and wipe our ass!

However, more than half of this kind of suppression and bearishness against the dollar is actually a false black swan created by the joint efforts of Wall Street.

As long as nothing goes wrong, this black swan can give everyone a small meal.

Wall Street makes such small black swans several times a year.

If there is no black swan, a black swan will be created for you.

But this kind of false black swan has a bad point, that is, it is easily affected by the international situation.

The international situation hasn't changed much, so that's okay.

There have been changes in the international situation, and it has been fed back to the United States.

It is very likely to cause the collapse of this false black swan.

Like now, something like this happened in Scotland.

Only the pound and the euro were affected, but the pound and the euro fell.

As soon as international safe-haven funds arrive, the dollar will rise accordingly.

Normally, when it rises, it rises, and the impact is not great.

But now everyone is ready to eat meat, and the meat has been thrown into the pot, and it is almost cooked.

As a result, a wild boar named "International Hedging Fund" rushed to the side, and it was about to overturn the meat in the pot.

At this time, how can this part of Wall Street people not be in a hurry?
Like Stanley O'Neill at Merrill Lynch.

These Wall Street tycoons have basically bet on the shorting of the U.S. dollar this time.

The difference lies in the amount of funds bet only.

The decision made by Richard Fuld is similar to that of several giants around him.

This time, there are giants who are shorting the dollar, and they have already contacted their subordinates to suppress the dollar and ship it by the way.

This was also seen by Robert's grandfather and grandson.

At the request of Abel, the Wall Street giants who were silent for more than a minute just now.

After a minute of silence ended.

One by one, they started calling in a hurry.

From quiet to noisy, it only takes a few minutes.

Fantastic.

This scene made Robert and Peggy feel weird.

It made the grandpa and grandson feel that these giants, like Abel's marionettes, were being led forward by Abel.

Among the audience, only Buffett's performance was not so unbearable.

What he plays is value investing and prudent investing, not this kind of thing.

The rise and fall of the dollar has little to do with Buffett, who did not enter the market.

But he can also receive this kind of international news in an instant.

Buffett smiled and said: "Ah, it seems that everyone is busy."

Abel also smiled and said, "Who says no?"

Buffett took a deep look at Abel.

Could it be that the stock god has a bold guess in his heart.

That's what happened in Scotland. Could it be related to Abel?

Otherwise, how could it be such a coincidence.Abel asked everyone to be quiet for 2 minutes.

After the 2-minute quiet time ended, such news happened over there immediately.

If Abel didn't know, then this kind of coincidence is too coincidental.

It's a coincidence that there is no way to explain it.

But if it is said that Abel has contact with the Irish GH Army.

That's too bullshit.

Buffett had already investigated Abel's background and origin.

An Anglo-Texan, an American, or a Wall Street elite, how can he have nothing to do with Irish GHJ?
Maybe Abel has some hidden channel over there?

Buffett fell into puzzlement and contemplation.

But this also made Buffett realize that Abel does not seem to be as simple as having a strong talent in investment.

Next, the development of the subsequent situation made the atmosphere more delicate.

Just now, when these Wall Street giants were trying to suppress the dollar exchange rate.

The bulls in the market attacked the bears.

Under the leadership of this bull, international safe-haven funds found a gap.

More bulls formed.

The dollar has fallen for a week under the onslaught of these bulls.

Still raised his head completely.

It doesn't matter if it raises its head, once it raises its head.

Those short-selling investors who used relatively high leverage multiples were immediately liquidated.

The situation collapsed, and Philip Purcell and the others couldn't sit still.

Richard Fuld couldn't bear it at first, he said directly to Abel:

"Sorry, Mr. Smith, I have to go back to the company first."

With billions of dollars of investment at stake, Richard Fuld was in no mood to bother with such a coincidence at the moment.

What they care about now is how to stop losses in time.

As for whether Abel has anything to do with this matter, that's a matter for later.

"Please go ahead~" Abel smiled.

Richard Fuld and the Lehman Brothers people hurried away.

Philip Purcell and the others also quickly took their leave.

The Wall Street tycoons who gathered around just now wanted to ask for a quotation and bargain with Abel.

All of a sudden there were a dozen or so less.

The circle is a little quieter.

The two sons and grandchildren of Mogensuo who saw the end of the whole process were a little baffled.

At this time, Robert heard Buffett whisper to Abel: "Is it related to you, sir?"

"How is it possible, sir. It would be great if I was that powerful. But the rest of the matter has something to do with me."

"Oh?"

"Warren."

Robert and Peggy heard Abel call Warren Buffett's name directly without being polite at all.

"Ok?"

Buffett doesn't seem to mind.

"You didn't notice. Didn't I invite people from Citigroup and Wells Fargo tonight?"

"Well, I didn't pay attention to this. But now that you say it like this, I find that it seems to be true."

"What I want to say is that it's not that I have a bad relationship with Citigroup and Wells Fargo." Paige heard Abel say with a smile.

"I quietly mortgaged my properties in Los Angeles, including Marvel, MGM, etc., to Citigroup and Wells Fargo.

"And my personal credit as collateral."

"I obtained a total of $30 billion in hidden loans from these two banks."

"Since three days ago, I have used the 30 billion US dollars to mobilize 200 billion US dollars of funds, all long US dollars."

"There are too many empty positions in the market, and all my long positions quickly found their counterparts."

"Well, those gentlemen who just left. Many of them are my counterparts."

Buffett's eyes widened in surprise, and he looked at Abel: "That is to say, the bulls have your share?"

"Ha~ why not?" Abel said with a smile:
"This may be the straw that breaks the camel's back, and the position may be liquidated. But it's only $30 billion, and I can afford to lose it."

Buffett was silent.

The stock god quickly sorted out his thoughts.

That is tonight.

Or before that, it should be said that it was three days ago.

Abel got word that this might be happening over in Scotland, somewhere.

I don't even know the exact time.

Abel then speculated that this would cause the pound and the euro to fall.

In the international foreign exchange market, once the pound and the euro fell.

International funds will want to hedge.

At this time, the U.S. dollar and the Japanese yen have always been the two biggest choices for international safe-haven funds.

The U.S. dollar has just fallen for another week, and no matter how you look at it, the downward trend has ended.

If the downside is gone, isn't it going to go up?
International safe-haven funds will give priority to the US dollar with a high probability.

As long as the US dollar is chosen, the US dollar will naturally rise, even if Wall Street collectively suppresses it at this time.

It may be suppressed, but it is unlikely to go as smoothly as last week.

As long as the pound and the euro do not rise back, the dollar will continue to rise.

Allies on Wall Street have never been reliable, and many people will immediately start idling more.

The power of the bulls will only grow stronger.

At the beginning, Abel quietly reached a cooperation with Fuguo and Citigroup, and launched the first wave of bulls' attack.

He's the guy who wants to work with these bears.

Backstabbing these bears started long before today.

The Wall Street giants who choose to short next will be in a hurry for a while.

Buffett, who understood Abel's operation clearly, couldn't help but smiled slightly.

"Mr. Smith, you will annoy them very much by doing this."

"Ha~" Abel responded with a smile: "Wall Street is so big. The United States is so big, and the world is so big. My collaborators don't necessarily have to be them."

"Okay." Buffett said with a smile, "You're right."

This sentence Buffett likes to hear.

Because Buffett's collaborators and supporters are not these people.

These Wall Street forces headed by the four major investment banks are only part of Wall Street's forces.

That is, their voices are relatively loud, making people think that Wall Street is investment banks, and investment banks are Wall Street.

But that's not the case.

Not to mention Wall Street in a broad sense, it refers to the entire financial power of the United States.

Even Wall Street in the narrow sense is the street in New York.

Investment banks are not the only financial companies that exist on that street.

What's more, even Wall Street itself has never been united.

On weekdays, they are the place where the internal fighting is the most fierce.

Now like Abel, while cooperating, he is secretly cheating them and making money from them.

On the contrary, this is the most authentic way of Wall Street capitalists.

Wall Street, or the financial oligarchs.

One of their favorite things to do.

It's just cheating each other.

(End of this chapter)