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Chapter 740: Robbers in the Financial Market

Dalik's eyes lit up and he said, "This is a good idea."

Bazer pondered for a moment and said, "It's really good. This will allow more people to stand in our camp and boycott and block Chinese capital in advance, and at the same time, it will also save us from investing funds too early and facing unpredictable risks and passive situations in the future."

"First use public opinion to attack opponents and further strengthen the bullish power."

"On the one hand, it can waste opponents' funds, and on the other hand, it can also delay time and wait for further changes in the current situation to give us a better opportunity to enter the market."

"If the IndyMac bank crisis, the Fed and FDIC do not take action, and the government will not provide support."

"Then we can choose to give up this opportunity, or continue to wait for the times to change."

"If the Federal Reserve and FDIC take action to support the bottom, like solving Bear Stearns, it proves that the government's determination to control risks is still very determined. We can follow the trend and launch a strong counterattack against Chinese capital with the interests of the entire Wall Street capital."

"In this way, no matter what the result is, we are all taking the initiative."

Jodi Shaman smiled and said, "I think so too. We must not only curb the development of the surname Su, but also maintain our initiative and avoid the premature fall of funds."

"Oil price, oil price..."

Bazer repeated: "I always feel that the future of crude oil prices is the battle between long and short, and the key to victory or defeat. This is likely to be a battlefield for fierce competition between long and short in the future. Everyone must be prepared!"

"I have this kind of premonition, too," said Jody Shaman.

Dalic laughed and said, "No matter whether it is, the oil price has been kidnapped with the interests of nearly all capital groups on Wall Street. Even many large capital groups that are deeply involved in the "sub-prime mortgage crisis" rely on the continuous profits in crude oil positions to save their lives. Even the three of us present, the group companies behind them have huge positions in crude oil. Whether it is for hedging or sniping Chinese capital, the layout in this regard is definitely inevitable."

"Fidelity, State Street, Pioneer, Northern Trust, Morgan, Qualcomm and other asset management groups," Bazer continued, "If possible, I hope there will be more of allies."

"I am quite familiar with Pioneer and several of the Baoxinde Capital Group," said Joti Shaman. "I'll talk about it, it should be useful."

Dalik smiled and said, "Although I think Bazel, you are too cautious and too respectful to this opponent who has defeated you in London, I still lobby for you for the sake of you and Master Soros, and try to win over more allies."

Bazel nodded, not feeling embarrassed, but instead breathed a sigh of relief.

The three of them then continued to talk about other topics, then decided on the basic strategy, and then they dispersed.

While the tripartite capital group of Beilaid, Wellington, Quantum Fund and important internal figures were secretly talked, Mr. Yarman, the president of IndyMac Bank, had arrived in New York and met with bank giants of various Wall Street in a hurry, hoping to raise a large amount of funds through interbank lending.

However, without exception, they were turned away.

Faced with IndyMac's subprime mortgage-related assets of tens of billions of dollars, as well as mortgage loans that account for a huge proportion on the balance sheet, no one dared to bet on the fate of the banking giants in various categories when they did not have enough spare energy to protect themselves.

The next day, Wednesday, July 2, New York time.

As soon as the stock market opened, IndyMac Bank continued to fall, and its sharp-winning decline was even more crazy than yesterday. In just over a dozen minutes, the decline exceeded 10%, far away from the trend of other bank stocks.

This is the time.

Investors in the entire market know that this bank is facing a huge crisis.

"Chairman..." Patrick suddenly ran in and handed Su Yue the morning Wall Street Journal and the Financial Times to Su Yue, "The matter of our negotiations on cooperation with New York Merron was exposed. The news of your arrival on Wall Street in New York was also disclosed. The newspaper said that we were trying to short the United States, robbers of Wall Street, and wanted to copy the London pound battle. We were robbers in the financial market."

"Bandit?" Su Yue took the newspaper and glanced at it. He sneered in his eyes. "These capital giants on Wall Street use US dollars as commodity pricing medium, monopolize commodity prices, and in the economic downturn, they hype oil and plunder global wealth. They actually said I am a robber?"

"I really don't know where they got their faces."

Su Yue slapped two newspapers on the table, gritted his teeth, and continued: "They are right. I'm just shorting the United States and robbing Wall Street."

"Since we have been discovered, we don't have to hide or cover up our motivation."

"Let's play bellow. I look forward to them being able to kill me on the financial battlefield and snatch all the wealth in my hands."

"Chairman..." Wu Heng also hurriedly said, "Merry Lynch Group and Lehman Brothers are in a rush of long positions and the stock price is rising steadily. Our holdings in these two stocks are in further losses. Should we continue to increase our positions now, or wait until the rise eases before continuing to short sell."

"Our positions in Merrill Lynch and Lehman Brothers were exposed the most," Patrick said. "From the market, this is obviously a sniping opponent. The purpose is to cause us greater losses and force us to fill our positions so as to reap our profits."

"These guys reacted so quickly. As soon as the newspaper came out, they quickly followed up."

Su Yue looked up at the stock price trends of Merrill Lynch Group and Lehman Brothers, and ordered: "Wu Heng, no matter how the opponent sniped or how short squeezes, as long as we still have funds available, we will continue to sell short. The market trend changes will not be changed by just relying on funds to smash them."

"If the situation of long and short is only based on the amount of funds, it can be determined."

"There will be no cases of failure in investment in countless large institutions and capital giants in the market."

Wu Heng nodded, suppressing his slightly nervous mood, and continued to direct traders to short the stocks of Merrill Lynch and Lehman Brothers.

"Chairman, today's main contract for 715 bond futures was also abnormal." Chen Yuhe said, "As the negative news in IndyMac Bank further fermented, it did not fall but rose. The long orders it took were emerging one after another, and it seemed that it was also intended to target us."

Su Yue took a look at the market and nodded slightly, "It seems that the holding targets we exposed have been sniped."

"but……"

Su Yue paused, carefully observed the market for a while, and continued: "It seems that there are no heavyweight orders on the market, whether it is stocks or futures. This proves that the current moves are basically scattered soldiers and brave men. The purpose is hard to say, our opponent... this time, he has become smarter."

"This is to encourage retail investors, are you trying to hold us back?" Chen Yuhe pondered for a moment and understood.

Su Yue nodded with a smile: "That's about that."

"Where is the crude oil?" Su Yue paused for a moment and asked again, "Did the trading volume expand rapidly during this trading period, rise or fall?"

Liu Fangping, who is in charge of the crude oil market, replied: "The prices of WTI and Brent crude oil are still hovering around $137, but the trading volume of WTI crude oil will indeed increase."

"The value is hesitant, and the trading volume is expanded." Su Yue pondered, "The main selling power of short orders is much stronger than before!"

"Is it affected by the continued negative news in IndyMac Bank?" Chen Yuhe asked subconsciously.

Su Yue shook his head: "No, the IndyMac bank's storm has not affected oil prices so quickly, and OPEC and the group of people in the Middle East have threatened to continue to reduce production."

"There is an institution closing its positions on a large scale." Liu Fangping continued.

Su Yue looked at Liu Fangping in surprise, was stunned, and said with a smile: "How can I see it?"

"Intuition." Liu Fangping scratched his head and continued with some embarrassment, "I just feel that the logic to support the continued rise of oil prices is still there. And according to the underlying logic you said by the Chairman, these capital giants on Wall Street are looking forward to the continued rise of oil prices so that they can continue to harvest the major oil demand countries and plunder the wealth of the bottom civilians. You said that the more serious the crisis in the United States, the less these capital giants want oil prices to fall."

"So...I think this ruled out the same possibility as our motivation."

"Apart from short selling, only large-scale long positions are left in the market. If you want to settle the profit and close the positions in large quantities, you can cause this phenomenon of a surge in time-sharing trading volume."

Su Yue smiled and praised: "The analysis makes sense, but it is not enough to just know that it is an institution to close the position."

"This time, the abnormal movements at this time must be linked with the main contracts of stocks and 715 bonds and futures."

"Our position in WTI crude oil futures has not been exposed yet, and the logic of rising oil prices has not been shaken. At this time, the other party chooses to close the position and exit the market. Most of the time, they encounter a crisis and want to recover funds and rescue them."

"I don't know which financial institution is being forced to close its positions?"

“However, this signal is important.”

Su Yue's eyes flashed and he emphasized: "No matter which institution it is, as long as the motivation is to be forced to close the position, it proves that the 'sub-prime crisis' in reality is intensifying and our motivation to short oil prices is strengthening."

"No matter how unwilling these financial giants on Wall Street are to fall."

"But when the crisis gets worse and the amount of funds needed and consumes more and more, they cannot afford such a large funding gap, and they will always find ways to cut off long positions on crude oil to make up for the flow of funds."

"Although this is a way to quench thirst."

"But drinking poison to quench thirst is better than dying immediately."

"The current signs show that Wall Street is working hard to achieve profit margins that are used to transfer risks, and the power and funds required for rising oil prices are increasing, while their desire to recover funds is getting stronger and stronger."

"It's almost time to collapse."

Su Yue said, looking at everyone in the trading room: "Adhere to the established investment strategy, no matter how the market changes, don't waver at all, do you understand?"

Several transaction leaders were excited and naturally responded in a deep voice.

When the strategic intention of Bentayga Capital's investment was exposed, and a large number of investors who flocked to it were forced to short, but they still insisted on the established investment goals and pace.

Investment departments of various funds of New Bank Melon.

Accompanied by Miss Roy, Walker was originally holding a final mobilization meeting for all the fund managers and core traders, but suddenly, the president called him over.

"Walker, the board of directors did not approve your opinion. It's because it's a strong desire, right?"

Ferdy Weis, president of New Bank Melon Group, glared at Walker angrily: "Don't you know that everyone has a lot of opinions on you? Don't really think that you have made more than $20 billion in profits for the group, and everyone can't do anything about you."

"Mr. Ferdy." Walker said in a deep voice, "Mr. Yarman, the President of IndyMac Bank, is asking for people everywhere and seeking funds. As a result, you have heard that no one is willing to help. Why isn't Mr. Ferdy understand?"

"At this moment, all the giants and capital chains are already at the extreme."

"This is the gunpowder barrel that is about to burn out, waiting for the explosion of the powder barrel. Why should I let go of the opportunity to short selling? What is the reason to let it go?"

"Yes, there are a lot of rumors in the market right now."

"In the morning, the Wall Street Journal and the New York Financial Times said that I colluded with Chinese capital to help Chinese capital plunder their own country's wealth, but I don't care about these rumors."

"What is the purpose of investing? It is to make money."

"What is the meaning of capital existence? It is profit! In my eyes, capital has no borders. Cooperating with Chinese capital can make big profits and huge profits. Why don't I cooperate?"

"Will the crisis break out and die when it comes to an end, and together with the stupid and arrogant Wall Street capital, along with the 'sub-prime crisis' brought about by their own creation, unlimited expansion, fall into hell and on the brink of bankruptcy? No, I can't do it, nor can I join them."

Ferdy Weiss frowned deeply and said, "Walker, when you recommended Miss Roy as the chief investment officer of the Group Fund Investment Division before, you understood the reason why Chinese people are not trustworthy. Therefore, even if you admire Bruce Lee, you will definitely not allow him to serve as the core member of the group's senior management. Why have you completely forgotten the saying "Chinese people are not trustworthy" now?"

"What's more, what they want is 20% of our profit."

"We have to lower this end. We still want to stay on Wall Street in the future? The brand of New York Merron can still shine and be among the top ten asset management groups in the United States?"

"We recognize your investment ability, but sometimes, you cannot just act alone."

"Don't think about cooperation with Bentayga Capital. Your so-called short-selling action is temporarily suspended. Our core sectors such as Bank of New York, Melon Asset Management, Banking, Investment Banking, Brokerage, Insurance, etc., are still within a controllable range. Even if the risks break out in full swing, these assets will not be able to make a large-scale impairment, and you don't have to worry too much."

"From today on your position in charge of the Fund Investment Division, you will be temporarily removed from office."

"Related business, temporarily managed by Thomas."

Walker heard the president get close to Thomas, who is close to the Belaide Group, and at the same time, hesitant in investment, and his lungs are furious.
Chapter completed!
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