FBI detective

Chapter 816 Michael Bray Asks for Help
Three o'clock in the afternoon, in a coffee shop on the corner of a street not far from Wall Street, New York.

Deep inside the store, Roan and Michael Bray sat opposite each other, with no one else around them.

"Those bastards who were raised by their parents..."

Unlike Luo An, who looked calm and sipped his cappuccino slowly, Michael Bray's face looked very ugly. He cursed inwardly for a moment and asked:

"Roan, you expected this to happen, didn't you?"

Michael Bray believes in numbers. There are many things in this world that cannot be distinguished as right or wrong, but numbers can. The result of numerical calculation is right if it is right, wrong if it is wrong, and it cannot be done if it cannot be done.

Based on data such as federal mortgage default rates and home loan repayments, Michael Bray calculated that federal housing prices would inevitably begin to fall in 2007.

In 2005, Michael Bray approached a Wall Street investment bank and creatively proposed the creation of CDs, a financial product that allows legal gambling based on federal housing prices.
In the next two years, Michael Brey was always ridiculed as a fool, but he didn't care, he knew that he would be the final winner.

Now it is mid-February 2007. As he expected, the federal mortgage default rate is indeed rising at a visible rate, but the price of mortgage bonds has not fallen.

In other words, Michael Bray's judgment was correct, but federal housing prices have not fallen yet.

The data was correct and the facts were in front of him. Michael Brey could not ignore the facts. He carefully analyzed this "free market" that did not develop according to normal logic, and finally came to the conclusion he least wanted to see:
The federal mortgage market is manipulated, housing prices are controlled, and various departments of the entire federal financial system are working together to defraud retail investors, and they are even defrauding each other.

"This is Wall Street, Michael."

Looking at the dark circles under Michael Bree's eyes, Luo An smiled and said:
"The Federation is a capitalist country. Players have their own ways of playing, and the dealers naturally have their own ways of playing."

"Mother-fu-ker! Son of eat!"

Michael Bray understood what Roan meant. He put his fingers into his hair, cursed inwardly again with an angry look on his face.

After a long silence, Michael Bray slowly raised his head and said in a slightly hoarse voice:

"Roan, I need your help."

"You said."

"I need some funding."

The various names of the financial product CDS are very high-sounding, and many people feel they simply cannot understand them.

But in fact, this financial product itself can be simply understood as two strangers betting against each other with Lao Wang's car. A bets that the car will have a car accident, and B bets that the car will not have a car accident.

Among them, A, who bet on a car accident, has to give B a sum of money every month. As long as Lao Wang's car does not have an accident, A will keep paying.

But as long as Lao Wang's car gets into an accident, B, who bet that there will be no accident, will have to pay A a large sum of money, and A will win the bet.

Lao Wang’s car is Federal Housing, A is Michael Bray, and B is those investment banks.

Michael Bray said that in his plan, federal housing prices would fall by February 07 at the latest, so he only prepared that much insurance premium to pay to the investment bank every month.

Now the federal housing prices have been as stable as a rock. There is only half a month left until March. Next month's insurance premium will still require a large amount of funds, but Michael Bray can no longer afford it.

Facing Michael Bree, whose eyes were red and pleading, Luo An chuckled with a sunny smile and said:
"We are friends, Michael, and friends are supposed to help each other, right?

How much money do you still need? Tell me a number. "

Michael Bray's eyes lit up instantly, he clenched his fists, and almost jumped up from his chair with excitement.

Michael Bray is of normal sexual orientation and doesn't like men, but he now feels that Roan is definitely the most handsome man he has ever seen!

Especially the last sentence "say a number", Mother-fu-ker, Michael Brey finally understood how those women felt.

Taking a few deep breaths and trying to suppress the excitement in his heart, Michael Bray said seriously:

"It will cost about 2300 million US dollars." Michael Bray has more than billion US dollars in his hands, but he forced all this money from investors. Those investors did not understand or agree with Michael Bray's bearish behavior on federal housing prices.

For two years, those people had been clamoring to withdraw their investment from Michael Bray's company, which put Michael Bray under great pressure.

Among all the people Michael Bray knew, only Roan agreed with him. Their bearish view on federal housing prices made Michael Bray think that he and Roan were the only smart people in the world.

"2300 million dollars..."

Hearing this number, Luo An frowned slightly. Michael Bray's heart skipped a beat when he saw this scene, and he quickly asked:

"Is the number too big? Otherwise..."

"No."

Luo An shook his head and asked:

"The figure you mentioned is the monthly premium for March?"

Michael Bray was stunned for a moment, then nodded:

"Yes."

Luo An shook his head slightly, took a sip of coffee, and said:

"If this amount of money is not enough, I can provide you with 8000 million US dollars first, and contact you if you need it later."

Hearing Roan's words, Michael Bray's face was immediately filled with excitement, both shocked and excited. He soon realized the problem in Roan's words and asked in a low voice:
"Luo An, do you think those people will continue to control federal housing prices for a long time?"

"I am not sure."

Luo An put down the coffee cup, looked at Michael Bray deeply, and said calmly:
"But I know one thing, the dealer will not let himself lose money."

Michael Bray understands numbers and data, Roan doesn't, but he understands the rules of the game in the Federation.

"This bunch of garbage should be thrown into the cesspool..."

Understanding the meaning behind Roan's words, Michael Bray started cursing again with an ugly face. Roan smiled and didn't care much. He took out his cell phone and called the bank, and transferred 8000 million US dollars to the account provided by Michael Bray.

After chatting for a while, Michael Bray paid the bill and left first with an excited look on his face. Luo An was not in a hurry to leave as he wanted to wait for someone here.

Time passed minute by minute, and more than half an hour later, a white man, also in a suit and with a tired face, pushed the door and walked into the coffee shop.

When the visitor saw Luo An, he walked straight to the table where he was, sat down on the chair, waved his hand to signal the waiter and ordered three cups of coffee.

"Good afternoon, sir."

Luo An looked at Trick Kennedy, who also had dark circles under his eyes like Michael Bray, and asked in surprise:
"What's wrong with you? Are cases of the Trial Process Church so difficult to handle?"

Trick Kennedy picked up the coffee and drank it all, wiped his mouth and smiled bitterly:
"It's not the Trial Process Church, it's..."

In the middle of the conversation, Trick Kennedy suddenly stopped, waved his hand and changed the subject:
"Luo An, why are you here on Wall Street?"

"I have some investments on Wall Street, and I'll come here to take a look when I have time."

Luo An replied casually:
"The dollar is depreciating faster and faster. If you don't invest, you will only lose more and more money."

Trick Kennedy nodded in agreement, and after a brief chat, he got to the point and said:
"I came to see you this time because I have two good news."

(End of this chapter)