What he said shocked the two people sitting there. Isn't this just giving them money for free? There is no risk at all, and there will be benefits afterward.
Powers looked at Wang Mo curiously and asked: "Mr. Wang, please forgive me for asking, are you so confident in your project?"
"Of course, in this market, if I didn't have the confidence to win, I wouldn't be here."
"Then I have no problem. To us, this is simply a gift of money. I wonder how much money Mr. Wang needs, and how much money do you have?" Bowers asked curiously.
"I need 5 billion U.S. dollars, and I have 2.4 billion U.S. dollars. I wonder if Mr. Bowles has any problems?" Wang Mo
"Oh, no, your appetite is too big. This has exceeded my authority. It will take too long to approve such a large amount of funds." Powers looked at Wang Mo in disbelief, thinking he was crazy.
At first, he thought Wang Mo only needed a few hundred million dollars, but he didn't expect that he would need so much.
"Of course I know that the approval procedures are troublesome. This requires Mr. Bowers to handle it. Once the matter is completed, your busy work will not be in vain." Wang Mo
Bowles thought for a while and felt that there seemed to be room for control, but he estimated that he would have to use all his connections, and how much profit would this bring him?
So after a lot of fighting, the greedy old man was finally dealt with. Wang Mo deposited 2.4 billion US dollars in the bank as pledge, and the bank gave Wang Mo a loan of 5 billion US dollars. Wang Mo had to pay 1% of the bank's fees every month, and
After the deal is completed, Bowers needs to be paid 10 million US dollars as a thank you. This is their annual salary for more than two years. After the agreement is reached, the old man will feel a little levitated when he walks out.
After sending the old man away, Chris said dissatisfied: "Boss, you gave him too much, you can also lower the price."
"It's not necessary. It's not worth it for us to waste time for one or two million. Now everything is ready, all we need is the east wind!" Wang Mo said, looking in the direction of the New York Stock Exchange.
It was early September when Wang Mo came to New York, and the Dow Jones Index had risen to nearly 30 points in the past few days. This time Wang Mo came to Wall Street to short the Dow Jones Index.
As the oldest index on the New York Stock Exchange, the Dow Jones reflects the industrial strength of the United States to a certain extent.
Just like a president of later generations said: If any president causes the Dow Jones Index to drop more than 1,000 points in one day, he can be put into a cannon and sent directly to Mars.
Wang Mo, who is familiar with historical trends, knows that the Dow Jones has fallen like crazy in the past few days. The specific reasons should be multifaceted.
The industrial structure of the United States is too outdated and urgently needs to be changed. The decline of the Dow Jones is also a signal. Another reason is that the election is coming soon, and people with foundations are making trouble in it.
The reason is not Wang Mo's responsibility. He is just here to earn US dollars. God will not take those green banknotes, but will be struck by lightning. For the sake of his own life, Wang Mo can only feel sorry for his colleagues on Wall Street.<
/p>
In just a few days, all the bank procedures were completed, and US$5 billion was transferred to his company's account, and Wang Mo was very trustworthy and gave Bowers US$10 million.
Seeing Bowers happily taking the check and leaving, Wang Mo sneered and thought: My money is not that easy to get.
Once the funds are in place, of course the action will be taken. Before the action is taken, the relevant people cannot leave this office, and all communication tools they have must be handed over.
The secretaries and other staff outside will ensure all their living security.
All the traders looked at Wang Mo. Even Chris was here. Originally, he didn't need to be here. He only needed to ensure the logistics outside. But the stubborn old man wanted to know what Wang Mo was selling in his gourd.
Finally, I kept the medicine.
"Guys, from now on, you have to break it into parts and gradually short the Dow Jones Index. Start taking action. Time is very precious to you. There will be a lot of dollars waiting for you when it is done." p>
"Oh, my God, it's the Dow Jones. Is the Dow Jones going to fall in the past few days?"
"Incredible"
Although everyone was talking a lot, they still started to act according to Wang Mo's instructions. At this time, Chris also knew that Wang Mo's target was actually Dow Jones. He had never thought about it. How many years had no one been shorting Dow Jones?
Index.
"Are you really sure? If your guess is wrong this time, you will go bankrupt." Chris looked at him worriedly.
Wang Mo smiled and replied: "Of course, if I am right, then this time we will let the old guys on Wall Street completely remember us."
"I hope you are right, now I suddenly regret going to find you." Chris said helplessly.
When Wang Mo completed all the operations here, the Dow Jones Index had reached its peak. Wang Mo had more than 3 million short positions on the Dow Jones Index. As long as it fell by one point, it would be a profit and loss of 15 million US dollars. Now Wang Mo already has
He suffered a floating loss of nearly 150 million U.S. dollars. As soon as he ran out of money, the bankers would quickly close the position.
No one would have thought that it would fall, even Chris didn't believe it now. He looked at Wang Mo worriedly, but at this time the Dow Jones Index began to extend downward.
Everyone looked at it in surprise, thinking it was just a technical correction. But by the time the market closed at 5 a.m., the Dow Jones had fallen by more than 100 points.
And Wang Mo also ordered them to use their profit money to continue to short it. The already weak Dow Jones could not rise again with Wang Mo here to short it.
During the break, Chris asked a little excitedly: "How did you know it would fall?"
"This is a complicated problem. It's not an accidental factor, but something accumulated over many years. What do you think, do you need to take a break?" Wang Mo was still worried about his health.
"It's okay. How can I sleep now? I'd like to know the first-hand news after the market opens." Chris said excitedly.
Wang Mo shook his head and felt helpless.
After the Dow Jones began to fall, the entire Wall Street became busy. After all, the stocks that make up the Dow Jones are all stocks with very good performance. Now, affected by the broader market, some individual stocks have also begun to fall.
No one thought that this was just the beginning, and because no one thought about it, there were no necessary measures at the beginning.
But when the Dow Jones fell 500 points, it was too late for them to start taking action. There were many people who had the same calculation as Wang Mo. It was just that they did not have as much funds as Wang Mo, but a little can make a lot, as long as people
Enough is also not too much.
Those who were brave enough to see the Dow Jones plummeting also joined the ranks of short sellers. As for whether their own country would be hit by this, it was none of their business. People on Wall Street only care about banknotes.