Rebirth of the Evil Life
Vol 2 Chapter 3290: Madoff scam
Madoff is very curious about why Lin Feng came to him~www.readwn.com~ Novels are faster and better~www.readwn.com~ Lin Feng can never just come to him for tea and chat. This is impossible, Lin Feng hasn't been so idle yet. Therefore, Lin Feng must have something important to find himself. So what did Lin Feng ask for?
Lin Feng smiled.
"Mr. Madoff, have you heard that someone is shorting'McDonald's' and'KFC' today." Lin Feng asked with a smile.
"Mr. Lin, don't tell me that that person is you!" Madoff was surprised. Regarding this person shorting'KFC' and'McDonald's', he has been speculating whether this person is Lin Feng, but he is not sure. Unexpectedly, Lin Feng actually admitted now.
"Hehe, Mr. Madoff, I want to make a deal. You help me with the "Starting Point Fast Food Restaurant" recycling, and you short the "McDonald's" and "KFC" for me. In the end, no matter how much money I make, I will invest in yours. Madoff Fund', what do you think?" Lin Feng said.
Madoff's face moved.
Before this, Lin Feng put out a sum of money to invest in the "Madoff Fund". That time, Lin Feng made a large sum of funds of 50 billion US dollars, and agreed that it would be placed in the "Madoff Fund" within 10 years. , So that Madoff eased a lot of financial pressure. Unexpectedly, Lin Feng would come to invest again this time. This surprised Madoff, of course, more of joy.
His "Madoff Fund" is a pit, a huge pit, which has pitted countless people. In order to continue this huge pit, he must have constant capital investment. The US$50 billion that Lin Feng had previously invested has long been filled in to maintain his aura of Madoff’s super high-yield myth, and to make his Wall Street investment unbeaten myth. However, most of the funds have been spent. If no other funds are poured in, he will inevitably use his own funds to fill the pit, and his property is undoubtedly a drop in the bucket.
Lin Feng now wants to invest money again, he is happy. Although he also knew that Lin Feng was a bit of a conspiracy to'drive the tiger and devour the wolf', using himself to earn tens of billions of dollars. But can he refuse? Can't! For your own reputation. In order to keep his aura from breaking, Madoff must jump into this pit.
"Mr. Lin, your capital..." Madoff thought.
"Hehe, Mr. Madoff, it’s very simple, the old rules. Within ten years. You don’t have to pay me interest, and I won’t apply for cash withdrawal. After ten years, just give me the money in one lump sum. Of course, if the income is good, If I am not short of money, I will consider continuing to invest in the Madoff Fund." Lin Feng said with a smile.
ten years! Madoff was completely moved. As long as Lin Feng doesn't ask for interest or cash out, he will be able to maintain his aura for at least another 5 years. And if he plays a trick this time, he plays the role. Then it may not be able to last another five years. Ten years later, he is 78 years old. Maybe it's already in the ground. Once in the soil, regardless of the flood of future generations, even if the world discovered his deception at that time, it would be useless. He has gone to see God. Of course, he still has a wife and a son. But he filed for bankruptcy at most. Never involve family members. This is the advantage of Western law.
Therefore, Madoff decided to agree.
"Mr. Lin, rest assured, leave everything to me! I hope we can cooperate happily!" Madoff said excitedly.
"I think we will work together happily!" Lin Feng smiled slightly, his eyes flashed with unexplainable, terrible eyes.
That afternoon. Using his status as the former chairman of Nasdaq and his extensive contacts on Wall Street, Madoff immediately helped Lin Feng to carry out the delisting and repurchase plan of the ‘Starting Point Fast Food Restaurant’. However, before the repurchase plan, in order to help Lin Feng repurchase the ‘Starting Point Fast Food’ at a cheaper price. Madoff has spread endless negative news in the market. It is rumored that Lin Feng will acquire KFC and McDonald's and completely abandon the ‘starting fast food spot’.
Because this rumor comes from Wall Street and Madoff’s consulting firm, the news is extremely reliable, so many people believe it. As a result, the stock price of "Starting Fast Food Point" fell below the freezing point in an instant, at $0.1. This is a shameful figure, a figure that can almost delist the stock. This is rubbish, the **** stock of real rubbish.
But there is no joke, because the more trash the ‘Starting Point Fast Food Restaurant’, it proves that Lin Feng’s affair with ‘McDonald’s’ and ‘KFC’ is stronger. Therefore, the stocks of the two companies continued to soar and climbed steadily. At the close of the market, the ‘McDonald’s’ stock reached an appalling $240, with a market value of $240 billion, which was twice as high as before the opening. The share price of KFC reached 170 US dollars and the market value reached nearly 100 billion US dollars. This was completely unimaginable before this.
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The whole Wall Street is crazy! But they did not discover the problem. Is it normal that the stock prices of the two companies have risen so high and their market value has doubled in one day? This has far exceeded the value of the two companies, and the price-earnings ratio has exceeded 100, which is an extremely dangerous signal. But no one thinks about this red flag, but is looking forward to how much money they will make in the future.
After all, if Lin Feng wants to buy, he will inevitably use a super high price to buy, then he will continue to increase the stock price and call out super high prices to buy the shares held by various institutions. This is an opportunity for Wall Street to make money. A fierce chance to kill Linfeng.
Of course, only the two owners of "McDonald's" and "KFC" are very troublesome. They used all the funds they could use to carry out a repurchase plan. The result is very gratifying. The shareholdings have exceeded 40%. This is already a very safe number. Even if Linfeng initiates a crazy acquisition plan, they only need to take some simple measures accordingly to prevent Linfeng from opposing The annexation of'McDonald's' and'KFC'. But this is also a dangerous signal. The owners of both companies have borrowed from the bank for acquisitions. And because the stock price is too high, the two companies are a bit overwhelmed.
They can only hope that Lin Feng will retreat after knowing the difficulties, and they will use future profits to repay this loss. This night, they were full of resentment and resentment towards Lin Feng. A good life was destroyed by Lin Feng like this.
In New York, on Fifth Avenue, all traders are celebrating. Many traders even opened Champagne, which they have not drunk for many years, and celebrated with red wine. Celebrate the great harvest in the coming days. They are convinced that since Lin Feng wants to acquire'McDonald's' and'KFC', he will definitely make a move. Because his credibility is here, if he ignores his credibility in order to make money, his loss will be even greater. After all, Lin Feng is the only one in the world who has a+ credit rating, including all countries, Lin Feng is also the only one.
If he breaks his promise, his credibility will inevitably be severely downgraded. The reason why he can become a+ is because he must do what he says.
"For the dollar, cheers!" New York's wine was full of joy and laughter.
Lin Feng was also drinking, but he was tasting and drinking slowly.
"Lin, what's going on?" Abby Cohen came to see Lin Feng that night.
Abby Cohen, as a Wall Street myth, a Wall Street gold medal investor who has seen through countless investment scams and accurately assessed the general trend several times, and as Lin Feng's queen investment consultant, she thinks this matter is weird. The whole Wall Street is crazy, what exactly does Lin Feng want to do?
"Abby, my purpose is very simple. It is to recycle the'Starting Point Fast Food Restaurant'." Lin Feng said with a smile.
Abby Cohen nodded. For the recycling of the ‘starting fast food point’, this was also what she had previously suggested. The market value is too low, far lower than the value of the ‘starting fast food point’ itself. At this time, recycling is making money. If you don't recycle, that would be stupid. But Lin Feng didn't want to make such a big move, so he ran to Wall Street personally to wash up these people. This will provoke public anger, and it will have a bad reputation. Moreover, Lin Feng did not let her be responsible for this recovery.
"My Madoff!" Lin Feng said frankly.
Madoff, this liar! Abby Cohen snorted coldly. In 2000, when Madoff created the ‘Madoff Investment Fund’ and made the ‘Ponzi scheme’, Abby Cohen saw through his tricks. Of course, this is not to say that Abby Cohen must be more clever. It can only be said that Madoff’s scam is really simple, and you can see through it with a little bit of shrewdness.
Madoff promised that no matter the market is good or bad, he can provide 8-12% of the income next year, and his income will be paid to all investment members on time every month. This is enough to show that he is a liar. No matter how savvy investment businessmen are, they cannot guarantee 8-12% of the income each year, especially when the funds are extremely large, this income is even more impossible to guarantee. Although Wall Street often gets rich overnight, that kind of probability is rare. Most of them rely on years of accumulated experience and judgment on market expectations to make money.
Among them, the risk is great. No one can absolutely guarantee money. Madoff promised. This is fraud. It is a pity that so many people are still deceived because of their interests and their trust in Madoff. Abby Cohen once commented on the "Madoff Fund" in an informal setting and warned many people that this fund is risky. Unfortunately, no one believes it. On the contrary, some people refuted Abby Cohen's comments as a slander on Mr. Madoff. In this regard, Abby Cohen can only remain silent. You can't confront Madoff for irrelevant people. This breaks the rules of the game.
But when Lin Feng knew that Madoff was a liar, he went to see Madoff. This was abnormal. This made Abby Cohen think of a possibility.
"Lin, don't you want Madoff's scam to fool the world! If that happens, the world will collapse!" Abby Cohen exclaimed.
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