Rebirth of the Financial Crisis Sweeping the World

  Chapter 197 197 Ruthless blow! Floating profit of 78 million US dollars!

  Time passed slowly.

  Wang Guanxi, Huang Shaokai, Wu Zhankun, Zhang Dexi, Wang Juehao, Bai Weiqiang and others waited for news quietly while drinking tea.

  Everyone is always paying attention to the latest developments in the stock market and current political news.

  Fannie Mae’s stock price was shaking crazily from 8.00 to 8.50, hitting up and down, and the trading volume was also quite large.

  At this time, the attached stock price once again rushed to the 8.50 position.

  The highest floating loss in the black shirt hedge fund account is as high as 60 million US dollars.

  Huang Shaokai couldn’t help asking: “Boss, is there any negative news about Fannie Mae tonight?”

   Zhang Dexi also spoke up: “Fannie Mae’s stock price is very strong now, and I don’t know if the news is good or bad.”

   Wu Zhankun also said: “Those Indians are probably still increasing their holdings, bastard”

  Wang Juehao also said: "I don't know if the shorts can hold the 8.50 position."

  Bai Weiqiang also said: "It should be possible. Now the bears are also strong!"

  Wang Guanxi smiled and said: "Wait, there is a good show tonight, wait patiently!"

  "Drink tea, come!"

  "Yes, BOSS" everyone sat down and had tea together.

  No one plans to go back to sleep tonight, just rest at the company.

  At this moment, the Asia-Pacific headquarters of the Indian Industrial Credit Investment Bank, Sundeep Batra, Ratan Tata, and Nehru are full of excitement.

   Nehru smiled and said: "The share price of Fannie Mae has been firmly established at 8.00. This time, those Chinese people are completely finished."

The area at   8.00 is the resistance area on the daily chart, but the bulls have settled here.

  Ratan Tata echoed: "Yes, in the future, Fannie Mae’s stock price will at least rush to US$20.00 per share!"

  Sundep Batra got up and jumped twice and said: "This time they are completely finished.

  Haha, it’s fun.

  I’m just waiting to take the Heishan Insurance Company and Heishan Investment Bank.

  These ignorant Chinese people actually mortgaged the Heishan Insurance Company and Heishan Investment Bank to me, and asked me to borrow another 10 million shares of Fannie Mae to make the vacant Limei! "

Nehru smiled and said: "This Fannie Mae, that is the world's top 500, the largest mortgage company in the United States, these ignorant Chinese people actually go short-selling, they are simply dead and alive, let's see how I can blow them up! "

   "Haha!"

  Nehru was very proud of a smile.

  He really couldn’t understand how stupid these Chinese people would be to short Fannie Mae's stock price at such a low position, and only then used the Black Shirt Insurance Company and the Black Shirt Investment Bank as collateral.

  The senior of the black shirt insurance company is definitely the stupidest Chinese man he has ever seen.

  It’s like reaching out and hitting them. This time, not only will these people suffer miserable losses, but they will also take away their company.

  At this time, Fannie Mae’s stock price has risen to 9.00.

   Nehru laughed even more: "Look, we don’t need to take action, the bulls in the market will kill them."

  Now there are more bulls in the market, the stronger they are, and there is no need for him to continue to increase their holdings, and the stock price has stabilized at 9.00.

  Last month, Indian private pensions bought 50 million shares. This time they bought another 80 million shares, totaling 130 million shares, and there was a lot of money in the account.

  But these profits are not enough for Nehru.

  Because the Indian private pension will hold shares for a long time, he will not close the position if he does not earn ten times in the future!

  Although it has to earn more than 10 times, it may take 5 years or even 10 years.

  But it’s okay, 10 times the asset appreciation is a big profit.

  This is his performance and it proves his ability.

  In particular, Indian private pensions have become the largest shareholder of the largest mortgage company in the United States. That is something to be proud of.

  In the future, enjoy the high dividends of Fannie Mae.

  Sundep Batra also excitedly said: “Now the stock price has stabilized at 9.00. If we guess wrong, the positions of those black-shirt insurance companies should be around 7.50.

  Now there is a loss of at least US$90 million in the account, haha"

  Ratan Tata was also very excited, and said; "This black shirt insurance company is already insolvent, right? This time they are finished. Let's wait for the cabbage price to buy it."

"Haha, it makes sense," Nehru said: "Let the news report overnight that the black shirt insurance company made a huge loss of 270 million U.S. dollars in vacancies. It is completely insolvent. Let the Hong Kong Securities Regulatory Commission hold it accountable, and then we spend Little money, take over it"

   "Okay, just do it!" Ratan Tata was suddenly excited.

  Sundep Batrahaha smiled; “I immediately called a female editor of Media Asia Media and asked her to report on this overnight”

  Looking at the puzzled expressions of the two, Sundeep Bartra smiled and said: "She is my mistress, and I am actually a major shareholder of Media Asia Media. Let her serve as an executive director and concurrently as a vice president."

   "You cow!"

   "Batra, you can really play"

   Soon, Sundeep Batra called the phone overnight, and the other party immediately handled it and asked the navy to talk about it in the post bar and talk about it in the forum.

  At this moment, in a villa in Repulse Bay, the chairman of the financial group, Hong Tianwen had just finished having fun with a beautiful celebrity. He came to the lobby, smoked a cigarette, and opened the night news. He was overjoyed!

  [Black Shirt Insurance Company made a huge loss of US$270 million in vacancies]

  【The black shirt insurance company is already insolvent】

  【The black shirt insurance company will face an investigation by the China Securities Regulatory Commission】

  ··

   "Good guy, bad luck this time!" Hong Tianwen gritted his teeth with hatred for the black shirt insurance company, and the pleasure of revenge came.

  He felt that his opportunity to acquire the Black Shirt Insurance Company had come again.

   So he started calling, so that the media would report on the matter immediately!

  It's still early.

   Soon Hong Tianwen’s media directly came to a nightly live talk. The originally scheduled program was temporarily changed to talk about the black shirt insurance company's vacancy and beautiful things!

  It's only 10:30 in the evening, and everyone is curious, this black shirt insurance company actually does the vacancy benefit?

  It’s just a matter of life and death!

  Many organizations who saw this news are waiting to see the jokes.

  Especially, he often helped Hong Tianwen before, and several bricksmen of the Black Shirt Insurance Company of Lv Bank spread rumors, and called on the China Securities Regulatory Commission to investigate the Black Shirt Insurance Company immediately!

  This is simply misappropriation of insurance funds, causing huge losses to the vast number of insurance customers.

   also said that the black shirt insurance company secretly used all the liability reserves as stocks, and then suffered a big loss.

  ··

  The Lv family, Lv Yinhe, Lv Qihui and others were immediately happy when they saw the news that the black shirt insurance company had a huge loss of 270 million U.S. dollars.

  Lu Qihui was very excited and said, “Dad, this time the black shirt insurance company shorted Fannie Mae. It’s done.”

  The Lu family has a big feud with the Black Shirt Insurance Company. Last time, the Black Shirt Insurance Company shorted the Lu family’s largest company, Galaxy Entertainment Group, and the two sides fought against each other.

  Finally, their Lu family’s cash flow dried up, Galaxy Entertainment Group’s stock price plummeted, and the Lu family’s assets lost tens of billions of Hong Kong dollars.

  Now the stock price of Galaxy Entertainment Group is still at a low level, and it can't rise anymore. It's very depressed.

  Also, their Lu family is also very short of money, and there is no cash flow. The family business is in a very serious crisis and needs money.

Lu Yinhe was also excited for a while, but then he thought of something. They had been spreading rumors about the black shirt insurance company all day long, but the black shirt insurance company was still alive and well, and even distributed 100 million Hong Kong dollars to insurance customers. Him.

  How much he hopes that the black shirt insurance company is finished.

  This time, it is estimated that it is the news of the black shirt insurance company. After fighting the chicken blood, it is finally found to be fake. It is a waste of joy.

   So Lu Yinhe spoke; “Don’t be too happy, maybe it’s rumored news”

  At this time, Lu Qihui saw a lot of news on the forum.

   "Wow, they really shorted Fannie Mae. In the post, it was said in the forum that the black shirt insurance company asked the Indian Industrial Credit Investment Bank to borrow 100 million Fannie Mae shares to go short!"

   "Dad, it's really true, absolutely true. The Industrial Credit Investment Bank of India has also admitted it."

  Opened the Fannie Mae’s stock chart and took a look. Lu Qihui was so happy. He said with great excitement, “Dad, this is the end of the Black Shirt Insurance Company!”

  Lu Yinhe looked at him, and he was very happy in his heart.

   "Okay, this **** insurance company also has today"

   "Destroy them!"

  Although their Lu family is also very sad now, watching the black shirt insurance company is over, they also have a sense of balance in their hearts!

  ··

  At the black shirt insurance company headquarters, Huang Shaokai just finished a call. A classmate from the China Securities Regulatory Commission called him and asked him about the black shirt insurance company, so he knew what was going on.

  He walked into the office.

   "BOSS, this is a good financial conglomerate, and Media Asia Media re-rumors us, saying that we have a huge US$270 million and are already insolvent."

  After speaking, he showed the news to everyone.

  Wang Guanxi and others have been resting, drinking tea, and not paying attention to the Hong Kong news.

  Unexpectedly, there were so many negative behaviors of black shirt insurance companies in a blink of an eye.

  Especially Get a Good Financial Group, having trouble with the Black Shirt Insurance Company three or two times!

   "This Hongtiantian TM always discredit us!"

   "After I short-selling Fannie Mae and AIG Group this time, I will settle the account with him"

   "There is also Na Media, and I can't spare them!"

  Wang Guanxi glanced, and said: “Arrange for the spokesperson to clarify and sue the good financial group and Media Asia Media!”

  He didn't expect that Get a Good Financial Group would not let any of the flaws of the Black Shirt Insurance Company. Once caught, he would go to death and spread rumors.

  After finishing the busy days, free up and find Hong Tianwen to settle the account as soon as possible.

  This Hong Tianwen has a lot of contacts, and he has a lot of funds to mobilize. To short him on his own, he needs a lot of funds, because he is facing Hong Tianwen and his friends.

  However, when Fannie Mae is short-selling, there will be enough funds, so we can form a financial conglomerate!

  Time passed in a flash, and it was 12 o'clock in the evening.

  Fannie Mae’s stock price has finally started to fall, and some institutions are selling on it!

   is the Fannie Mae shares that Lehman Brothers is selling, but not many, just tens of millions of shares.

  Now Lehman Brothers is getting worse and worse, and it is stepping up the sale of assets.

After half an hour, the stock price fell from 9.00 to 8.00.

  There is still a loss of US$30 million in the account of the black shirt hedge fund.

  After another half an hour, Fannie Mae’s stock price fell to 7.50!

  There is no floating loss in the black shirt hedge fund account.

  At this time, the stock price was also supported at 7.50 and did not fall anymore. The long and short sides once again appeared in a delicate balance.

  At this moment, the faces of the Indian Industrial Credit Investment Bank, Sundeep Batra, Ratan Tata, and Nehru are not pretty.

  "Why did this fall again?" Sundeep Bartra was a little puzzled.

   "Why did the good-looking ones fall?" Ratan Tata asked curiously: "It's not those Chinese people who borrowed stocks to go short again, right?"

   "There should be institutions selling Fannie Mae's stock" Nehru smiled and said: "It just so happens that I also continue to increase holdings and raise the stock price again."

  Currently, private pension funds in India hold 170 million shares of Fannie Mae, so let’s increase their holdings to 200 million shares this time!

  Thinking of this, he acted immediately and started to increase the stock price!

  1 million shares!

  1 million shares!

  1 million shares!

  ··

  But as the stock price rises, there are more and more selling orders!

  He bought 70 million shares, which only allowed the stock price to rise to 8.50!

  But after Nehru stopped increasing his holdings, the stock price fell to the 8.00 position soon!

   Nehru frowned suddenly.

  After another 15 minutes, the stock price rose to 8.50, which made Nehru feel more comfortable.

  Time passed in a flash, and there were still 15 minutes before the close.

  At this time a message came.

  Reuters: US housing appraisal website Zillow.com released a report that about one-third of Americans who bought real estate in the past five years had mortgage debts that exceeded the value of their real estate.

  The continued decline in house prices has made it difficult for homeowners to transfer their properties for profit. California is the state with the highest percentage of negative home equity. In California's four major cities, 90% of homeowners have debts that exceed the value of their property.

  This is a "buy one get one free" house filmed in Escondido, California, USA on June 3rd. Each house is worth 400,000 US dollars.

  The Wall Street Journal reported that the U.S. government may be hosting the two major mortgage financing institutions in the United States, Fannie Mae and Freddie Mac, which are in crisis as soon as this weekend, and provide financial support for them.

  The Wall Street Journal reported that the government’s custody plan includes the replacement of the company’s top executives, and that Fannie Mae’s chief executive Daniel Madd and Freddie Mac’s chief executive Richard Salem will step down.

  "Two Housing" executives and Federal Reserve Chairman Bernanke and Treasury Secretary Paulson will hold talks.

  The news detonated!

  This is big news!

  Although it may be fake, it may also be true!

  Many investment institutions and investors are spreading that the “two houses” may obtain financial support by issuing preferred shares to the Ministry of Finance, which will damage the rights and interests of ordinary shareholders of these two companies.

  Currently, Fannie Mae, Freddie Mac and the Ministry of Finance all declined to comment on the report.

  Fannie Mae and Freddie Mac are the largest mortgage financing institutions in the United States. At present, 42% of the US $12 trillion in home mortgage loans come from these two institutions.

  And, of the nearly US$5 trillion in mortgage bonds it holds or guarantees, approximately US$150 million is held by foreign investors.

  The two companies lost a total of US$3.1 billion in the second quarter.

  Now the two rooms are insolvent!

  Huang Shaokai looked excited: "BOSS is really important news"

   Zhang Dexi was puzzled: “I don’t know if it’s true”

  Although it may be fake, the stock prices of Fannie Mae and Freddie Mac must have plummeted! "Wu Zhankun was very excited.

  Wang Guanxi is very excited. Once he takes over, he still issues preferred shares, and the rights and interests of ordinary shareholders will be greatly damaged!

  In fact, things are worse than everyone thought. The rights and interests of ordinary shareholders are more than a big loss!

  At this time, the share prices of Fannie Mae and Freddie Mac began to fall!

  In just 10 minutes, the stock price dropped from 8.5 to 6.2!

  Fannie Mae’s share price fell 24.3%, while Freddie Mac fell 21%

  The stock prices of the two mortgage lending giants have received a merciless blow!

  The black shirt hedge fund has a floating profit of 1.3 US dollars per share on the book, a total floating profit of 78 million US dollars.

   "Boss, this news came so timely" Huang Shaokai was very excited.

  The stock price was very strong just now, and then news came.

  Although it may be a rumor, it was a heavy blow to the stock price, causing the confidence of the bulls to collapse.

  If the U.S. government injects capital in the form of preferred stocks, then the equity of stockholders will be a big loss.

  Because the company transfers money, it will be paid to preferred shareholders first!

  As for ordinary shareholders, just wait and go, the profits of the company will be given to preferred shareholders first.

   "BOSS, this time the stock price has suddenly dropped by 24.3%, which is really unexpected, haha" Zhang Dexi was also excited.

The stock price of Fannie Mae before    was very strong. The bulls have been on the offensive, causing the black shirt hedge fund to lose a lot of money. He has been worried about it. He never expected that at the end of the trading session, the stock price would suddenly plunge.

"BOSS, this time the Indians are dead, haha, crying to death" Wu Zhankun said very happily: "Indians must have bought a lot of Fannie Mae stocks before, and this time they have fallen so much. The market will open next week. The fall is even worse!"

  Fight with the Indians this time for two days, during which they were suppressed, and now it is finally cool!

  Wang Juehao also said, “I don’t know what expressions are on the faces of Indians now?”

  Bai Weiqiang laughed: "Of course it's just like dead parents."

  Wang Guanxi smiled faintly: "Okay, let's finish work, go back and rest."

  After finishing talking, Wang Guanxi came to the company lounge and rested.

  At this moment, the Indian Industrial Credit Investment Bank, Sundeep Batra, Ratan Tata, and Nehru are full of anger.

  Gritting his teeth with hatred!

  Sundep Batra scolded angrily: "This must be a rumor."

  Ratan Tata clenched his fists, and after two nights, he looked like this, "It must be fake news."

   Nehru's face is so distorted, it is hard to see the extreme!

  Indian private pensions now hold 200 million shares, with an average position of US$7.2 per share, which represents a loss of US$200 million.

   "This Reuters, the Wall Street Journal is really afraid that the world will not be chaotic."

   "These two newspapers are used to spreading rumors!"

  The situation that was originally good, suddenly became like this, making Nehru hate in his heart!

  The next day, September 6, at nine o'clock in the morning.

  Hong Tianwen looked at the news of Fannie’s stock price plummeting, and his face suddenly became gloomy. What is going on with this TM?

  He just let his subordinate media rumors that the Black Shirt Insurance Company does the vacancy and the insolvency of the assets, but when he woke up the next day, Fannie’s stock price fell so much!

   "Grass!"

  The Lu family, Lu Yinhe, Lu Qihui and others also have a gloomy look.

  The gloat to the black shirt insurance company last night is gone, as if a pot of cold water was poured on the face!

   "Dad, this **** Wall Street Journal and Reuters must be guessing."

  (End of this chapter)