Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

Bankruptcy protection means that Universal Real Estate has been taken over by creditors.

Who are the receivers of Universal Real Estate?

Commercial banks in the United States, top banks in Switzerland, Eagle Country, Sakura Country, France...

You can imagine that all the banks named are on the creditor list.

If it were two or three years, they would feel that this was a gift from God and wept with joy.

But now they only feel that this is a poison that accelerates their slow death.

Countless projects under development have been suspended, workers are on strike, and shareholders are protesting.

In order to prevent Universal from going bankrupt completely, they have to provide blood to Universal every month.

The days of the commercial banks in the United States that received hundreds of billions of aid are not easy.

The most critical reason is that Cayman Capital has never stopped pursuing claims.

Citibank suffered losses from subprime loans and was exposed to huge claims. Its stock price suddenly fell to almost nothing, and its market value fell from a world-class bank to a regional bank.

Amid the pursuit of Cayman Capital and major banks, Citibank was the first to apply for bankruptcy protection.

This news caused a stir in the banking industry.

Both the Ministry of Finance and the Federal Reserve were helpless against the short sellers led by Cayman Capital.

Because many banks also bought a large number of default replacement credit insurance contracts, everyone was legally hedging.

If one bank does not pay compensation, the other bank will go bankrupt.

It's like a dead loop.

Cayman Capital took over Citibank as a creditor.

After this news came out, Lehman Brothers also came to the end of the road.

In fact, when Universal collapsed, Lehman Brothers entered the countdown to bankruptcy.

Fuld began to save himself and tried to cut Lehman Brothers into two parts.

Divided into good parts, such as long-term fixed assets and some real estate for Xiao Ri.

And bad parts, bad subprime loans and junk mortgage contracts for Xiao Ri.

But those who are interested in acquisitions are not stupid. In their eyes, the good part of Lehman Brothers is not much better.

Coupled with Fuld's unwillingness to give in, all negotiations broke down.

The Ministry of Finance was also unwilling to rescue Lehman Brothers as it rescued other companies.

Fuld had to declare bankruptcy directly, and all employees had to be forced to resign, and Lehman became a mess.

Once Lehman fell, Merrill Lynch, Bear Stearns, Goldman Sachs, and Morgan Stanley were all in trouble.

Their bad subprime loans and their share of daily life made the situation far worse than in history.

The four major investment banks on Wall Street filed for bankruptcy protection one after another.

The Federal Reserve and the Ministry of Finance realized the importance of the problem.

The key is that the development of things has been out of their control.

Banks in the United States also began to file for bankruptcy protection one after another, and the Federal Reserve had to start printing money at full speed to assist banks.

When things developed to this point, officials in the United States all began to give up.

The United States ushered in an unprecedented wave of unemployment, and zero-dollar shopping and large-scale demonstrations broke out every day.

The crime rate began to soar.

Prisons began to be overcrowded.

Most crimes were not stopped, and people would be robbed when walking on the streets during the day.

Even at home at night, it is not necessarily 100% safe.

Because the police are on strike, the alarm call may not be received, and even if it is received, there is a 50% chance that they will not respond at night.

The courts are busy every day. Some lawless lunatics have bribed them, and the righteous police can do nothing about them.

The rich areas are also beginning to be impacted, because the rich are also beginning to go bankrupt on a large scale, and many of them have become criminals.

The most popular in the United States are criminal groups and security companies.

The criminals study where to kidnap and which bank has cash every day.

The US dollar began to depreciate rapidly with the official printing speed.

As the mastermind behind the scenes, Wang Lei and Cayman Capital further involved in the financial industry and some core industries of the United States.

Behind all the listed companies are two controlling parties, Cayman Capital and White Dragon Consortium.

His arms company can even buy the most advanced weapons and blueprints in the United States from the corrupt military.

Of course, all this is a later story.

Time goes back to November 2007.

A secret research center in Shenzhen.

Several bigwigs from Sanshi Group and Biyadi Company gathered together.

A four-door sports car slowly drove out of the basement.

With a gunshot, the sports car shot out like a rocket and ran wildly on the track.

The bosses in the stands couldn't help but stand up and their heartbeats accelerated.

Under the control of professional technicians, this electric-powered four-door car ran around the track twice.

After the car stopped, everyone greeted it.

Wang Lei, who had gained weight a little, took off his helmet.

He sat in the passenger seat and personally felt the push of the test car.

Ni Pingnan's face was full of pride:

"How was the experience, boss?"

"Very good, since all the data have passed the test, we should give priority to mass production of the Sanshi electric flagship version."

"Press conference..."

"Let's set it at the beginning of next year, and try to sell it before the Olympics, and then replace all the taxis in Kyoto with low-end electric cars!"