Rebirth of the Financial Crisis Sweeping the World

  Chapter 268 268 Crush Hong Kong's Ten Streets! Wang Guanxi's file is top secret! The Tata Consortium dare not come to stop!

  Wang Guanxi looked at the shocked Ma Zis in front of him, the corners of his mouth raised slightly, and he said: "Let's go, let's go for a lap!"

   "Good Le!"

   "Good Le!"

   "Wave up!"

   "I TM have the honor to be a Rolls-Royce Head of State bulletproof car today!"

   "Haha, really awesome!"

   "Cool!"

  ···

  Then the convoy continued to set off, starting from Central and heading all the way to North Point.

  These five Rolls-Royce Phantom Führer-class extended versions appeared on Queen's Road and Admiralty Avenue. At that moment, it shocked the whole street!

  Especially in the Landmark, the shopping people here in Admiralty, isn’t that a rich person?

  But it was the first time they saw the fleet of five heads-of-state Rolls-Royce bulletproof cars, shocking their hearts and souls!

   "Fuck, fuck, whose team is this?"

   "Wow, what a crowded team!"

   "Oh my God! What kind of big man is it!"

   "I'm going, what a great caravan"

  "Damn, this is the first time I saw Hong Kong, and I saw the world" a rich second-generation from the Philippines exclaimed!

   "Who is this? Too awesome, right?"

   "I wiped it, I thought I would drive a Ferrari very awesome, I didn't expect others to directly Rolls-Royce Phantom Führer-level extended version!"

   "Is this TM still a bulletproof car?"

   "How much is this one?"

   "A car is at least 40 million!"

  A Thai rich second-generation body is shaking.

   "Sisi, five cars are worth 200 million!"

   "My God, who the **** is it!"

  ··

  The team is awesome.

  The Audi on the road, the BMW owner was scared to pee, so he didn't dare to follow the team for fear of installing it!

  ‘Fuck, drive slowly! "

   "If it hits, this bulletproof car is okay, my car will be scrapped’

   "I am grass, I am grass, which consortium's big shot is this?"

   "Come on, I'll stay on the side of the road!"

  ···

  Gradually the team came to Causeway Bay, and the team had to turn.

   Exactly three Ferraris are oncoming.

  Three Ferrari owners, immediately give in!

   "Fuck, what is this!"

  "M’s, how come the extended version of the five Rolls-Royce Führers!"

   "Worri, is this something I can't afford?"

  Three Ferraris give in without a word!

  Then the convoy continued to set off.

  Passing by a street, it was really shocking!

  Everyone evades when they look at it, and Hong Kong can't find a team that can match it!

  Wang Guanxi’s motorcade directly crushed Hong Kong’s ten streets!

  ······

At this moment in a hotel, Sundeep Batra had changed his clothes, and confronted Yang Fenghui, Yang Fenglong, and Lv Qihui, and said, "You don’t mean that Wang Guanxi is a poor dog, a liar, and he sells junk stocks for the black shirt insurance company. Your salesman?"

  Yang Fenghui, Yang Fenglong, and Lv Qihui were all embarrassed!

  Fenghui Yang: "Mr. Sandep Bartra, sorry, I don’t understand either."

  Yang Fenglong thought for a while, weaving a story, and said: "Feng Shaokun should have sent a car to pick him up, let him pretend to be X."

   Then he briefly talked about the things at the auction, that Wang Guanxi was a transparent person, and Feng Shaokun paid for the car.

  Lu Qihui also spoke up: "Mr. Sundup Batra, you can rest assured, we will know his details!"

  With the help of Yang Fenghui, Yang Fenglong, and Lv Qihui, after three hours of investigation, we finally got Wang Guanxi’s information.

  Yang Fenghui took a deep breath and said, “Sundep Batra, the matter is already done. This is the first-hand information of Wang Guanxi’s boy, obtained from the Saint Paul’s Co-educational School.”

  "St. Paul's Middle School?" Sundeep Batra was taken aback.

  Yang Fenglong: "Batra, Wang Guanxi is still a middle school student"

  "What? Middle school student" Sundeep Bartra suddenly twitched when he heard what Yang Fenglong said. TM is still a middle school student?

  Lv Qihui nodded and said: "Yes, Mr. Bartra, Wang Guanxi is indeed still a middle school. This is the information obtained from his school."

  Speaking, he handed a large printed document to Sundeep Batra.

  "Okay, I'll go back and take a good look at what this kid comes from." Then Sundeep Batra sat on his Maybach Zeppelin, and then returned to his luxurious duplex mansion.

   took a shower, it was 11 o'clock in the evening, and then took out Wang Guanxi's information, and looked at it carefully, this Wang Guanxi is definitely not small!

  He must understand it well and get it through.

  When he was in the bath, he once suspected that Wang Guanxi was not just a trader of the black shirt insurance company, but may be the young owner of the black shirt insurance company.

Know thyself, ever-victorious!

  What do you say, he will kill the black shirt insurance company in the future.

   But a closer look revealed that the information was unremarkable and there was no background, so he was immediately confused.

how can that be?

  Top secret file?

  Sisi! !

  Is his life horrible?

  Where did he know that Weiler Hess, the executive director of the Black Shirt Insurance Company, took away Wang Guanxi’s file from the Sao Paulo Co-educational School with a German lawyer. The file he got now has been revised.

  Suddenly the phone rang, and when I opened it, I saw that it was Nehru, the executive director of the Indian Private Pension Fund, who was calling.

  Call Nehru and said: "Sundep Bartra, the black shirt insurance company is borrowing Citibank and Wells Fargo stocks recently. It seems that they are going to short Citibank and Wells Fargo?"

  In recent days, people from the black shirt insurance company are borrowing the shares of these two giant banks. Of course, they will not borrow immediately, but have agreed.

Just an hour ago, Wu Zhankun, the executive director of the Black Shirt Insurance Company, specifically called him and asked them whether the Indian private pensions had shares in Wells Fargo and Citibank, so Nehru planned to tell Sandep Bartra, See if you want to stop these Chinese people.

  Sundep Batra's face changed a little when he heard it, and then he became excited instantly.

  This black shirt insurance company intends to short Citibank, Wells Fargo?

  Citibank, needless to say, it is a giant bank in the United States, too.

  Wells Fargo is also a giant bank, and Warren Buffett is a very good-looking bank. Is this black shirt insurance company looking for death?

Thinking of this, Sundup Batra said: "This black shirt insurance company has made a few money and arrogantly swells up. It dares to short Citibank and Wells Fargo Bank. It's almost reckless, Nehru, this How about we unite again and kill the black shirt insurance company?"

Nehru smiled and said: "I was just thinking about it, so I called you to discuss **** the black shirt insurance company. Once the US$700 billion rescue plan is passed, the bank stocks don't know where to go. Go, paralyzed, the black shirt insurance company is dead, let's kill it"

  Previously, Fannie Mae, American International Group, and Indian private pensions suffered heavy losses, but this time they must be killed by Citibank and Wells Fargo!

  Thinking of this, Nehru continued: “Sundep Bartra, we are rich and we can lose many times, but the black shirt insurance company loses once and they are finished.”

  They have a lot of assets and can afford to lose, while the black shirt insurance company has less assets, and they are all over after losing. This is Nehru’s inner confidence.

  Compared with Indian private pensions, this black shirt insurance company is the difference between a small carp and a big shark.

  Of course, he is only the vice president of Indian Pensions and concurrently an executive director. He can only mobilize the assets he manages to block the black shirt insurance company!

  Sundep Batra excitedly said: "Nehru, you are right, this time we killed the black shirt insurance company. As long as they lose once, they will be completely finished."

   "By the way, our Indian Industrial Trust and Investment Bank holds a lot of Wells Fargo stock. This black shirt insurance company is shorting Wells Fargo Bank. We can lend them stocks at any time and then blow them up."

  The Indian Industrial Trust and Investment Bank has already gone international. They originally held a lot of Wells Fargo stocks. These stocks were bought in July 2008, with an average position of 22 US dollars per share.

  Now the stock price of Wells Fargo Bank of the United States has rushed to $44.00 per share, which has doubled the profit, which is simply a big profit.

  Don’t think that the previous surge in Wells Fargo’s stock price was just for Buffett to make money. Their Indian Industrial Trust and Investment Bank also made a lot of money.

  The asset situation of Wells Fargo Bank is very, very good. The future stock price has rushed to 50 US dollars per share, 60 US dollars per share, which is very, very normal. This black shirt insurance company shorts Wells Fargo Bank, hehe, he is dead.

  And Buffett’s Berkshire Hathaway also holds a large number of Wells Fargo stocks. This black shirt insurance company is short Wells Fargo Bank. If Buffett continues to increase his holdings of Wells Fargo Bank, will Black Shirt Insurance have a way to survive?

  This Buffett may all become their teammates.

  Nehru also smiled and said: "Sundep Bartra, our Indian private pension also holds a lot of Citibank stocks, hehe, I'm afraid this black shirt insurance company dare not borrow more stocks to go short!"

  Citibank’s stock price has basically fallen to the bottom, and many institutions are buying.

  Their Indian private pension fund collapsed when Lehman Brothers caused the global stock market to plummet. When bank stocks plummeted, they also increased their holdings of Citibank stocks at $136 per share.

  Now that Citibank’s stock price has reached $230 per share, they have made a lot of money.

  This time, he hopes that the black shirt insurance company can continue to make a desperate bet and take a heavy position to short Citibank. When the time comes, he will knock the black shirt insurance company on his knees and let the black shirt insurance company spit out the money it has made before.

  Sundep Batra asked again: "By the way, Nehru, what did Ratan Tata say?"

  Industrial Trust and Investment Bank, India Private Pension, Tata Consortium has worked with the Black Shirt Insurance Company many times.

  The first time at Fannie Mae, the second time at American International Group, and the third time at Washington Mutual Bank. Everyone advances and retreats together.

  Now they do not have the upper hand, especially in Fannie Mae and American International Group, and they have lost a lot at Washington Mutual Bank.

  The Tata Consortium has made 6.5 million shares of American International Group's stock, and the loss is very heavy. I don’t know if Ratan Tata can mobilize funds to block the Blackshirt Insurance Company this time.

  He can't wait to kill the black shirt insurance scum at Citibank and Wells Fargo Bank immediately. Today, he was humiliated and embarrassed by the suspicious young owner Wang Guanxi of the black shirt insurance company.

  Be sure to settle the general ledger this time, and don’t let the black shirt insurance company kill you!

   Nehru said: “Ratan Tata has returned to India now, and he is still sleeping with a woman in a hotel in New Delhi.”

  Naratan Tata has flown back to India. He called before but no one answered him. It is estimated that he was sleeping with a woman

   "I'll call and ask him later"

  "Okay" The two chatted and ended the call.

  Sundep Batra was a little excited, holding Wang Guanxi's information, thinking about it, came to the toilet, and took a pee at Wang Guanxi's head.

  Urine hit the face on Wang Guanxi's head, and he smiled triumphantly.

   "Palsy, you eat shit, bird trash, scum!"

   "When I hit the black shirt insurance company, I will let you drink pee!"

  Thinking of what happened in the sirloin noodle shop this afternoon, Sundeep Bartra was very depressed and angry. He wanted to press the kid on the ground and lick his feet, and then begged his forgiveness!

  At this moment, the capital of India, New Delhi.

   Tata family headquarters.

  A family meeting is being convened at this moment. Not only family members participate, but also some investment executives from the Tata Consortium.

  Ratan Tata and his brother Teji Tata are both present, and they are both heirs.

  The head of the Tata Consortium is Rabuji Tata.

This time, because the Tata family formed an alliance with Legg Mason Group and expanded its influence on the board of American International Group, they increased their holdings of American International Group’s shares. They intend to use American International Group’s global influence to become the Tata consortium’s Global expansion efforts.

  Unexpectedly, he increased his holdings of 6.5 million shares of American International Group and suffered a serious loss.

  The average position of these 6.5 million shares of American International Group is US$380 per share, and the current book loss exceeds US$2 billion, which is not a small amount.

  The opponent of the Tata Consortium is an insurance company in Hong Kong, called the Black Shirt Insurance Company.

  This time Ratan Tata learned that the Black Shirt Insurance Company intends to short Citibank and Wells Fargo Bank, so he plans to invest in the Indian Industrial Trust Bank and the Indian Private Pension Fund to join the Black Shirt Insurance Company!

  Taj Tata, a competitor of Ratan Tata, said: "Ratan Tata, you have lost $2 billion for your family. Do you still plan to continue to lose money now?"

  Ratan Tata said with a gloomy face: "Taj Tata, this was originally the cooperation between the Tata family and the Legg Mason Group. I am only the executor."

  The Tata Consortium was originally cooperating with Legg Mason Group to increase its influence in American International Group.

  Who knew that the bankruptcy of Lehman Brothers took AIG down the fire pit and caused heavy losses to the Tata Consortium.

  You can't blame him for this matter, he is just the executor.

  This decision to increase holdings of AIG shares was originally unanimously approved by the family.

   Teji Tata immediately said sarcastically: “That’s not because you didn’t find a good opportunity to increase your holdings at a share of 380 US dollars. If you change to me, I will wait for a share of 50 US dollars to increase your holdings.”

   "You!" Ratan Tata looked at Teji Tata angrily.

   "What?" Teji Tata asked unceremoniously, "Am I wrong?"

  The two suddenly quarreled.

  At this time, Rabuji Tata, the head of the Tata Consortium, said coldly: "Enough!"

  So Teji Tata and Ratan Tata became quiet.

   Then Rabuji Tata opened his mouth and said: "This time the Black Shirt Insurance Company will short Citibank, Wells Fargo!"

   "What do you think of Ratan Tata's continued blockade of the Black Shirt Insurance Company?"

  At this time, an elder said: "I don't think it is suitable to continue to block the black shirt insurance company, because the subprime mortgage crisis has not passed yet."

   Then he analyzed it.

  The U.S. subprime mortgage crisis that broke out last summer has had a far-reaching impact on the world’s finances and economies, especially in developed countries.

  The subprime mortgage crisis has developed to this day, and it has evolved into a once-in-a-century financial turmoil.

  The US financial industry has been hit hard.

Two of the five major Wall Street investment banks failed, one was acquired, and two were reorganized into bank holding companies. Even the world's largest insurance company by assets, American International Group (AIG), and the "two houses" that occupies half of the U.S. mortgage market are also difficult Fleeing the fate of being taken over by the government.

  In order to end the financial turmoil as soon as possible, the US government has taken a large-scale rescue operation in the past half a month.

  Nevertheless, judging from the various information learned, it is still difficult to judge the stage of the crisis.

  It is difficult to predict whether the worst period will pass. Although bank stocks have fallen a lot this year and Citibank is at a historical low, it may fall further.

  Another clan elder said, “Although everyone thinks the worst is over, it’s actually hard to predict.

  Because no one can predict when the financial market will stop volatility.

  Furthermore, the next few months will be the US presidential election period. Even if there is no current market volatility, the presidential election itself will bring some market volatility, which is usually negative for the stock market.

  So I don’t recommend continuing to fight against the black shirt insurance company! "

  A family member also said: “Now we can only say that the worst wave of the US financial turmoil has passed, but it is difficult to judge whether there is another wave.

  We need to look at the performance of other financial institutions, including Citigroup and JPMorgan.

  If they continue to reduce assets on a large scale or even run on them, it may also trigger a wave of financial turmoil.

  The key to whether the financial turmoil bottoms out lies in the real estate market and the ability of mortgage lenders to repay.

  The recent large-scale rescue measures taken by the US government will take some time to be effective.

  There are still some uncertain factors in this process. Bank stocks and financial stocks are likely to plummet. "

These two family members are the supporters of Teji Tata, and Ratan Tata intends to buy the bank stocks in the United States, that is, to spend money to buy Citibank, and fight against the black shirt insurance company. Naturally, they will not let them buy. Tan Tata took the risk with the funds of the Tata family.

  Taj Tata looked at the two family members supporting him, and he was immediately very proud.

  Ratan Tata's face was a little gloomy.

At this time, an investment executive who supported Teji Tata also said: "During the first two trading days of this week, the U.S. stock market failed to continue the sharp rebound last week. On the 23rd, Fed Chairman Bernanke and The testimony of US Treasury Secretary Paulson on the $700 billion rescue plan in Congress failed to alleviate economic worries, nor did it prevent commodity and industrial stocks from being sold off.

  This shows that the financial market is still in a state of panic, and it is possible to sell financial stocks and bank stocks again at any time. This black shirt insurance company should have the world's top investment level, and we can't rashly fight with them on the stocks of Citibank Group! "

  Although we were very angry when we blocked the Black Shirt Insurance Company on the AIG Group and caused the Tata Consortium to lose more than 2 billion U.S. dollars, we cannot lose our sense of anger.

  Taj Tata also took the opportunity to say: “Father, now the global credit crisis will continue for two years, which will inhibit economic growth and reduce the company’s investment opportunities.

  It is difficult to predict whether we are at the beginning, middle, or end of a crisis. It is not just a subprime mortgage crisis, it may affect credit cards and other types of assets.

  I think the credit crisis has not yet bottomed out, and the problem will continue until at least next year.

  So the bank stocks have not bottomed out. If we continue the war with the black shirt insurance company, we will definitely suffer. "

  Rabuji Tata fell into deep thought and said, “This real estate market is closely related to the credit business of banks. Do you think that the real estate in the United States has bottomed out?

  If real estate bottoms out, we might try to buy Citibank stock.

  If it has not bottomed out, we may have to liquidate the stocks of AIG Group! "

  Now AIG Group’s stock price has fallen terribly, and I don’t know if it bottomed out.

  While Citibank’s stock price has also fallen to historical status, he also intends to make the Tata Consortium a shareholder of Citibank.

  It is convenient for the future expansion of the Tata Consortium in the world, and by the way, the black shirt insurance company will be blown up!

  At this time, an international investment executive Vis Yas said: "Mr. Labuji, I don’t think the bottom has been reached yet!"

   Then he took out his own data model and analyzed it on the spot.

   Rabuji Tata asked; "When will the U.S. real estate market rebound?"

  Weiss Yass said: "U.S. housing prices may stabilize or bottom out in the first half of next year!"

Vis Yas’s prediction is mainly based on two sets of data. One is the number of single-family houses available for sale, including the number of new and old houses, and the other is the comparison between current house prices and the single-family house price estimates issued by the government. .

   Then he continued: “The crisis may spread from housing loans to student loans and other credit areas.”

  Then he released another bomb and said: "Mr. Rabuji, the bank will fail more and more in the future. We really can't continue to fight the black shirt insurance company in banking stocks and financial stocks!"

   "Mr. Rabuji, Citibank currently intends to acquire Midland Bank, which may drag Citibank, and Citigroup will further write down its assets by US$8 billion in the third quarter!"

  Now the U.S. banking industry is affected by the credit crisis. In the second quarter of this year, revenue was only US$5 billion, the second lowest level since the end of 1991.

  You should know that as of the end of June, the number of institutions in the FDIC "Question List" has increased from 90 at the end of March to 117.

  FDIC chairman said that due to the deterioration of the credit crisis, more banks will have problems in the future.

  Since 2008, 12 banks in the United States have closed down. Since July, the financial crisis has intensified, and as many as eight banks have been closed.

  At this time, Teji Tata also intervened and said: "Father, the next one is that Citibank has a big problem. If the black shirt insurance company shorts Citibank, we will fight with them and we will also give money."

  "We cannot repeat the mistakes made by AIG!"

  Speaking of this, everyone present took a deep breath.

  The Tata Consortium lost more than 2 billion U.S. dollars on American International Group. If it also lost several billion U.S. dollars on Citibank, it would suffer.

  Rabuji Tata was also frightened immediately, and said: "We are not going to block the black shirt insurance company!"

   And Ratan Tata is very unwilling, he really wants to continue with India’s pension fund, and the Indian Industrial Investment Bank continues to work as a black-shirt insurance company.

  Moreover, Citibank’s stock price is at a historically low level. A bottom hunt here is definitely killing the black shirt insurance company, but the family disagrees!

  He has no choice but to swallow this breath.

  This is the first time that he has been so neglected, and he was overwhelmed by Tage Tata in the family!

   "Blackshirt Insurance Company, I Ratan Tata will kill you one day!"

He hammered the wall fiercely, and then replied his incompetence to Sundeep Bartra of the Indian Industrial Trust Investment Bank and Nehru of the Indian Pension Fund. He couldn't continue to mobilize funds to block the black shirt insurance. Company.

  It's not that he didn't want to, and the family meeting of the Tata Consortium did not agree!

  Sundep Batra and Nehru both expressed their understanding.

  Although Ratan Tata is not involved, the two of them will not stop with the black shirt insurance company. They will keep blocking the black shirt insurance company until it is killed!

  At the moment, the senior officials of the black shirt insurance company are eating supper in North Point.

  "BOSS, Nasandpu Batra, Yang Fenghui, Yang Fenglong, and Lu Qihui are investigating your file!"

   "But I can't find anything" "Haha, these evil pens"

  Wang Guanxi also smiled: "Yang Fenghui, Yang Fenglong, Lv Qihui these three idiots help Sundup Batra investigate me, and clean them up sooner or later!"

   "I will short Citibank, Wells Fargo, everyone is ready" and Wang Guanxi got up and left.

  "Yes, BOSS" Huang Shaokai, Zhang Dexi, Wu Zhankun and others continued to drink and eat supper to discuss short-selling operations.

  "This time we short Citibank or Wells Fargo Bank, we will definitely face obstacles from the Tata Consortium, the Indian Industrial Trust and Investment Bank, and Indian private pensions."

   "It's okay, just do them when they come"

  "It’s better to be more careful. This time Citibank and Wells Fargo are not Lehman Brothers and American International Group!"

   "That's right, the Tata Consortium is also mobilizing funds recently. I don't know if it is specifically to block our black shirt insurance company?"

  ···

  　 ask for monthly pass

  (End of this chapter)