Rebirth of the Financial Crisis Sweeping the World

  Chapter 191 191 Add position to short 80 million shares, Soros!

   Soon Wang Guanxi came to the headquarters of the black shirt insurance company.

  The time is now 9:20, and there are still 10 minutes before the US stock market opens.

  Huang Shaokai, Zhang Dexi, Wu Zhankun, Wang Juehao, Bai Weiqiang, etc. are all present, except for the two former Lehman Brothers executives, Pastor Brandt and Willer Hess.

  Currently, the Black Shirt Insurance Company has made 20 million shares of Lehman Brothers. The opening position is at 18.00, and the stock price is at 10.00, with a floating profit of 8 US dollars per share, for a total floating profit of 160 million US dollars.

  I borrowed another 80 million shares of Lehman Brothers from AIG Group last night, and intends to continue to short Lehman Brothers tonight.

   And CEO Huang Shaokai asked a little nervously: “BOSS, today Lehman Brothers has a lot of good news. Should we go short as soon as the market opens, or wait for the stock price to rise before shorting?”

  Today came the news that the Korea Development Bank, Berkshire Hathaway, Bank of America, and Barclays Bank will bid for Lehman Brothers, which really surprised him.

  Now the share price of Lehman Brothers has fallen so low, if it is acquired, the stock price may rise a lot.

  For example, if the Korea Development Bank’s purchase price for Lehman Brothers is 15 yuan per share, then Lehman Brothers’ share price will rise to 15.00.

  This is very detrimental to the black shirt insurance company.

  Wang Guanxi opened the mouth and said: "We will go short when the stock price rises."

  There is a lot of news that is positive for the share price of Lehman Brothers today, which just gives the black shirt insurance company a good opportunity to short. Tonight, Wang Guanxi intends to short 80 million shares.

   Zhang Dexi asked: "Boss, will Lehman Brothers be acquired?"

   Honestly, he is quite worried about this. If the acquired price is higher than their position, they will lose out.

  Of course, if the purchase price is lower than the position where they opened the position, the black shirt insurance company will make money.

   But now Lehman Brothers’ stock price has fallen to a historical low, $10.00 per share.

  This is something that has never happened before, and the purchase price is likely to be a premium of more than 20%.

  Especially today there was a big acquisition. Commerzbank will acquire Dresden Bank for USD 13.3 billion.

The Bank of Dresden is the largest insurance company in Europe. It is a bank of Allianz Insurance Company. Commerzbank and Allianz Insurance are close to reaching an agreement on the Dresden Bank transaction. The transaction amount is approximately 9 billion euros (about 9 billion euros). 13.3 billion U.S. dollars).

  After the completion of the acquisition of Dresden Bank, Commerzbank surpassed Deutsche Bank in the number of customers and branches and became the largest bank in Germany.

   "Today Commerzbank will acquire Dresden Bank for USD 13.3 billion"

  Wang Guanxi smiled and said, “Don’t worry, it’s a loss-making business!”

Since Allianz Insurance acquired the Bank of Dresden for 23.5 billion euros, the bank has become the burden of Allianz Insurance. The Bank of Dresden has been a drag on Allianz’s profit and share price since 2001. Commerzbank of Germany After it was acquired, it was just a cumbersome.

   Wu Zhankun also worried: "Is this Lehman Brothers company so popular? Four large financial institutions want to bid for it"

  This Lehman Brothers company is in crisis. He always feels that Lehman Brothers will go bankrupt, but Lehman Brothers is a century-old company, so he can't directly make a conclusion.

  Wang Guanxi smiled and said: "Don't worry, they will definitely fail to negotiate, so we can just be short with rest assured."

  Lehman Brothers has a debt of more than 600 billion U.S. dollars and suffered heavy losses in the subprime mortgage crisis. No one dares to follow. These negotiations are ultimately fruitless. The US government and the Federal Reserve will not save it because the pit is too big.

  Wang Juehao excitedly said: "BOSS, tonight is another passionate night!"

  Last Friday, everyone was also very passionate, shorting the famous Wall Street investment bank, and also engaged with Soros Quantum Fund.

  Bai Weiqiang said excitedly: “I don’t know this time that the Soros Quantum Foundation will not continue to fight with us!”

   Last Friday, the Soros Quantum Fund was increasing its holdings, pulling the stock price to 20.00, but they were smashed.

   sounded the clarion call of selling, and the stock price fell to the 10.00 position, and Soros Quantum Fund account must lose money.

  Wang Guanxi said coldly: "I hope it will come, just do it, I'm afraid it won't come!"

  He really hopes that the Soros Quantum Fund will continue to increase its holdings and increase the stock price, and then the black shirt insurance company will continue to short.

  Soros’ Quantum Fund took the lead in shorting Hong Kong during the Asian financial crisis. Everyone was very impressed with him. This time, he also tasted the taste of being shorted.

  This Soros is the major shareholder of Lehman Brothers. After Lehman Brothers goes bankrupt in the future, the shareholders will lose their money.

  If the Soros Quantum Fund is sensible, immediately confess the compensation, or wait for the loss of money.

  One word is to do, if it dares to come, just do it!

  At this moment, the United States, Lehman Brothers headquarters, CEO Richard Fuld sits in his boss chair, lost in thought.

  This time, Buffett offered him a very low price, and he politely refused. What a joke, the price was so low, how could he sell Lehman Brothers to Buffett.

  So he also set a high price for Buffett, and Buffett said that he would think about it in a few days before replying to him.

  But now it is necessary to increase the confidence of investors, so he called Soros of Quantum Fund, and the call was quickly connected.

  He couldn’t wait to say: "Soros, my friend, I need your help now"

  Now Soros is also a major shareholder of Lehman Brothers. He can now help Soros.

   Soros asked on the phone: "Fuld, how is the negotiation?"

  The two have known each other for decades and have cooperated many times.

  This time Lehman Brothers has many difficulties. Soros went against the trend and bought the bottom, believing that Lehman Brothers will get through it.

  Even if it is acquired, the stock price will rise a lot.

  The stock price is now at a historical low, and his Quantum Fund position is also considered very low.

  However, he also lost 360 million U.S. dollars, which made him not very happy.

  Chad Fuld smiled and said: "It's very smooth, Buffett is thinking about it, and he might answer me tomorrow."

   "At noon, I will negotiate with the president of Korea Development Bank and agree on the purchase price."

   Then he vowed to say: "You can rest assured that the purchase price will not be less than 20 US dollars per share."

   "OK, then I can rest assured" Soros everyone is happy.

  The purchase price of 20 US dollars per share, then he is still making a profit.

  To be honest, the situation of Lehman Brothers has not been very good recently, and it has become more and more difficult. He is also worried that the stock price will fall below $10 per share.

  Fortunately, the purchase price is $20 per share.

  Currently, Korea Development Bank, Berkshire Hathaway, Bank of America, and Barclays are all bidding for Lehman Brothers.

  Lehman Brothers is a century-old company that is too big to fail, with huge assets. He believes that Lehman Brothers will not become abandoned.

  He has hunted down the stock prices of many companies facing bankruptcy, and eventually made a lot of money.

  The same goes for Lehman Brothers this time.

  At this time, Chad Fuld began to speak: "Soros, I hope you can bring information to the market and let the stock price rise. It is now $10 per share.

  I hope that your Quantum Fund will continue to increase its holdings, and I will also contribute 100 million US dollars to increase holdings of Lehman Brothers stock.”

  He also intends to increase his holdings of Lehman Brothers stock, and now Lehman Brothers' stock price is at its lowest point in history.

  He also likes bargaining. Even if this negotiation is unsuccessful, the U.S. government and the Fed will not fail.

  This time he spent 100 million US dollars to increase his holdings. In the future, the stock price will double or triple. Then he will also earn hundreds of millions of dollars. His salary, annual salary, and dividends will be much higher.

  Soros was also taken aback when he heard Chad Fuld say that he would increase his holdings of Lehman Brothers stock, and then he smiled and said, "OK, no problem."

   "After the stock market opens, I will increase my holdings" Chad Fuld said again.

  "OK" Soros nodded. He hopes to see Chad Fuld increase his holdings, so that he can rest assured that he will continue to invest money to increase his shares in Lehman Brothers.

  After the call ended, Chad Fuld said to his assistant Choros Cabrera: "Use my stock account to increase holdings of 100 million US dollars in stocks."

  Then he left the office. He was going to negotiate. He had to prepare in advance to see how he could convince these Koreans.

   "Yes, Mr. Fuld," Choros Cabrera said hastily.

  After Chad Fuld left, Troos Cabrera opened a stock account, which is Chad Fuld’s private fund,

  ··

   Soon the stock market opened, and Troos Cabrera began to increase his holdings of Lehman Brothers stock.

  Because there is so much good news that belongs to Lehman Brothers today, many investors have also increased their holdings, and some short-selling investors have begun to close their positions.

  The stock price went from $10.00 per share to $12.2 per share soon!

  Soros Quantum Fund, Soros looked at this scene, feeling relieved and very happy.

  The vice president Luojia Powers asked: "Boss, shall we continue to increase our holdings now?"

   Soros thought for a while and said, "Not for the time being."

  Then the stock price continued to rise, and soon rushed to the 13.2 position!

  Black Shirt Insurance Company, Wang Guanxi said: "Go short, 100,000 shares at a time, and drop the stock price to $10.00 per share."

  "It's the BOSS" Huang Shaokai, Wu Zhankun, Zhang Dexi and others immediately began to sell Lehman Brothers shares

  100,000 shares!

  100,000 shares!

  100,000 shares!

  100,000 shares!

  ··

  The share price of Lehman Brothers was a direct U-turn and plummeted.

   quickly fell from 13.2 position to 12.00 position, then fell to 11.00 position, and continued to fall!

   Then fell to the 10.00 position, Wang Guanxi shouted: "Stop!"

  "It's the BOSS!" Huang Shaokai and others stopped excitedly.

  And Lehman Brothers, the office of the president, Choros Cabrera was a little pale, with cold sweat on his back.

  The stock price has just risen sharply, but unexpectedly it was sold off and fell directly, which made him very puzzled.

  This is to help Chad Fuld privately increase his holdings, and now he is losing money on the books.

  As for the Soros Quantum Fund, Soros watched the stock price fall back again and showed a scheming smile. He knew there were many selling orders, so when they sold out, he increased his holdings at a low position.

   Then he instructed Roga Powers next to him: "Let’s increase your holdings."

  "Yes, the boss" and Luojia Bowers started buying large sums, pulling the stock price upwards, and soon the stock price rushed to the 13.00 position again.

  The black shirt insurance company Wang Guanxi saw this scene and said: "Continue to sell and drop the stock price to 10.00."

  "It's the BOSS" Huang Shaokai and others are excitedly selling.

  100,000 shares!

  100,000 shares!

  ···

  Shortly after the stock price fell to the 10.00 position again, it stopped, and the Soros Quantum Fund also increased its holdings, and then the stock price rushed to the 12.1 position.

  Wang Guanxi shouted: "Continue to sell, don’t wait, continue to sell!"

  "Yes, BOSS" Huang Shaokai and others continue to sell.

   Soon the stock price fell to 11.1.

  Soros Quantum Fund also began to increase its holdings here, and the stock price rose sharply.

  You come and I go, the stock price is crazy in the range from 11.1 to 12.1, just like constantly beating a ball!

The trajectory of the stock price is the same as the trajectory of the ball.

  This time the Soros Quantum Fund has increased its holdings by 40 million shares, holding up to 100 million shares. The position of opening is at 14.00, and the stock price is at 11.00. Currently, it has a loss of 300 million US dollars.

  Luoga Bowers' face was a little pale, and she did not expect to increase her holdings by 40 million shares. As a result, the stock price could not go up. The short positions above were really strong.

  He asked: "Boss, do we still continue to increase our holdings?"

  At this time, Soros said: "Okay, stop the increase in holdings. Let's stop here. Wait for the results of the negotiations between Lehman Brothers and the Korea Development Bank."

  There are agencies above that are selling wildly, and they are competing against him. When the results of the negotiations between Lehman Brothers and Korea Development Bank come out, they will be defeated in one fell swoop.

  "Yes, the boss" Roja Bowers was very excited, very excited, and wished to kill the short sellers who were selling above immediately.

   Then Soros said: "I want to rest for a while. Keep an eye on the board and tell me if you have any situation."

   "Okay, boss," Roga Powers said.

   "By the way, let out the scheduled news" Soros finished speaking and walked into his office.

  As for the black shirt insurance company, Wang Guanxi took a deep breath and shorted another 80 million shares this time.

  Now the Black Shirt Insurance Company has shorted 100 million shares of Lehman Brothers, with an average position of US$12.50 per share, and a floating profit of US$150 million.

  CEO Huang Shaokai couldn’t help but said: “BOSS, the bulls below are really strong”

  Unexpectedly, they shorted 80 million shares tonight. The bulls actually held onto the 11.00 position and couldn't fall.

  Zhang Dexi also said: "This time Soros Quantum Fund is protecting the market."

   Soon a piece of news came out, Soros Quantum Fund continued to increase its holdings of Lehman Brothers stock.

  Wu Zhankun annoyed and said: "Sure enough, Soros is against us."

  Wang Guanxi smiled and said: “Isn’t it a good thing? It’s because of their increased holdings that let us short 80 million shares tonight, so that the stock price will not fall below $10.00 per share, which will reduce our position.”

   "Soros will be pretty soon"

  (End of this chapter)