Chapter 1206 Going to the United States again
Li Jinling nodded, "There is no innocent problem between institutions and institutions.
But the real estate market has deteriorated across the board, and the loan default rate has soared, resulting in a large number of homeless people.
Banks and various credit institutions have taken their houses away, and many people can only take their family to set up tents in the park or sleep in the car.
I don't know which peer who was so angry that he posted the estimated short profit list online.
Now these homeless people are all gathering online to denounce Wall Street short sellers. They believe that these big-money financial capitalists have caused their family to live on the streets. ”
”Just! "
Zhang Hongwei sneered: "If you want to blame, we can only blame their government for being too loose in the past few years, and all kinds of cats and dogs can come to borrow money.
Banks and other credit institutions that securitize subprime mortgage assets are also guilty, and investment banks underwriting these bonds has caused investors around the world to suffer losses.
Of course, the low-income home buyer group is indeed the victim of this subprime mortgage crisis.
But don’t forget, they didn’t have a house a few years ago?
Is the proletariat!
Since you have never had it in the past, how can you talk about losing it?
Just treat it as a dream, at least I don’t have to pay rent to live in a big house for a few years. "
Xu Liang looked at his indignant bodyguard leader, "Lao Zhang, do you have a rich knowledge? You hit the nail on the head. ”
Zhang Hongwei touched his head embarrassedly, "I have listened a lot by your side and learned some superficiality."
"Although it is superficial, it is not wrong. However, the people at the bottom are limited to their horizons and knowledge, and rarely have the ability to distinguish right from wrong.
They are the least thoughtful people and are most easily incited.
There is not a big voice on the Internet now, and the impact is limited, and no offline gatherings are initiated.
But if the real estate and financial markets continue to deteriorate like this, they will cause trouble sooner or later.
So we need to prepare in advance. "
Xu Liang said slowly.
Hanhua's success over the years has certainly made countless people profit, but in the eyes of many old white men on Wall Street, they are aliens. Those gamblers who lose money, such as Soros, will definitely not be willing to do so.
It would be fine if they don't have a chance. This time, the people's sentiment is surging, and they will definitely take advantage of the situation and cause trouble for themselves.
Put yourself in the shoes of Soros, and if they are in Soros, they will make the same choice.
"Mr. Xu, then how do we get rid of this vortex of public opinion?" Li Jinling asked.
Xu Liang smiled and said, "It's very simple. Whoever makes more money can attract the public's attention to them."
Li Jinling's eyes lit up and she clapped her hands and said, "This is good. Paulson can now win both fame and fortune.
You must know that his fund's asset management scale was only US$1 billion last year, which is not as good as us. Now it has expanded into a behemoth with US$28 billion asset management scale."
Paulson's first short fund scale was only US$100 million, and even Hanhua's fraction was not as good as Hanhua.
But they keep releasing their performance, and countless funds flock to Paulson Fund. Every year, they can charge $500 million to 600 million while sitting alone.
And Xu Liang also made a contribution.
While continuously amplifying the scale of Paulson Fund's asset management, Xu Liang also continuously lowered the scale of investing in CDs in the name of Hanhua.
So, on the surface, Hanhua Pacific Fund only made a profit of US$16 billion.
But Hanhua made more money by himself.
Xu Liang smiled, "That guy Paulson is probably in pain and happiness now." "Mr. Xu, the outside world speculates that we have made more than $16 billion." "Of course we have made more than $16 billion, but what remains are dividends from Paulson Fund, Sain Capital, Qiandian Partnership, and Thiel Fund. They are the ones who short US sub-debts, and it has nothing to do with us." Xu Liang smiled. "You are still wise." Li Jinling complimented.
Xu Liang smiled and changed his mind. "Have the plane been arranged?" "It's already arranged, and fly to New York at 3:00 this afternoon." Xu Liang nodded. The "Zhurong Plan" for the subprime mortgage crisis has reached a critical period, and he is worried not to go over and stare at him in person.
"You go and do your business."
Li Jinling nodded and left.
"Brother Zhang, is your person here?"
"Here you."
"Go and go over and take a look."
After agreeing, Zhang Hongwei took him to the security center on the third floor of the underground of the manor, which is where the bodyguards in the entire Jiulongyu Xu family manor work.
It has the world's top security equipment.
The monitoring room here can cover all corners of the Xu Family Manor and everything within five kilometers of the outside of the manor. "Boss..."
Seeing Xu Liang coming, the bodyguards hurriedly greeted him.
After nodding, Zhang Hongwei took him to an empty office.
Not long after, three figures, all over 1.8 meters tall, walked in.
Although they wear different clothes, they all have one common characteristic, they look very similar to Xu Liang, at least 60% to 70%. "Mr. Xu, this is the stand-in we have found for you during this period. Recently, we have been training them quickly to increase their muscles as much as possible." Xu Liang practices martial arts all year round, and is born with a tiger back and bear waist, so his body is extremely strong.
So even if you look similar and have a lot of physical difference, you will be seen at a glance.
While speaking, Zhang Hongwei took apart the box next to him and pulled out something like a gray jacket from it. "This is an inner armor made of carbon fiber material. After wearing it, it will not only make them more similar to your body, but also provide some protection." Xu Liang took it, flicked, and felt a little overwhelmed. "Let them put it on." Zhang Hongwei waved.
The three of them quickly took out one from the box behind and put it on, putting on a wide casual sweatshirt on the outside. The shortcomings in their body shape were instantly compensated. "Where is Sister Liu?"
His imperial makeup artist Liu Xiao hurriedly walked in from outside. "Boss." "If you put on makeup, can you be the same as me?"
"If you put on makeup on them?"
"It is definitely impossible to be exactly the same, but it can be 90% similar. If you are not a person who is particularly familiar with you, you will definitely not recognize him." Liu Xiao affirmed.
Xu Liang nodded and walked forward a few steps.
Look at the man standing in the middle, who was similar to his height.
"What's your name?"
The other party dared not look straight in his eyes, and his expression became cramped.
"Boss, my name is Zhao Cheng."
"Zhao Cheng? Listen to your tone, from Zibo?"
Zhao Cheng nodded quickly, "It's from Bujia Town, Zhangdian, Zibo."
"Have you been to college?"
"I'm not good at studying, so I followed my cousin to run a cart in junior high school."
"Is driving a truck very hard?" "I'm not afraid of hardship, just make money." Xu Liang smiled and patted his shoulder, asked the two people next to him, and said to them with a smile.
"Everyone comes out to make money. I don't like to play with false things either. The three of you have a basic salary of 20,000 yuan per month. If you have a task, you will be given a subsidy of 50,000 yuan at a time. If you encounter danger, you will be given a full medical expenses and a subsidy of 200,000 yuan.
If you leave unfortunately, the 2 million yuan subsidy will be given directly to your designated family members. At the same time, I will also bear the support of your children's studies and work and your parents.
In addition, there is a bonus of 100,000 per year.
Did you understand everything? "
The three of them nodded quickly, their faces full of excitement.
They can't get such a generous condition outside no matter what.
"Lao Zhang, continue to train them. The appearance is just the basis, and they must imitate the tone and rhythm of my speech. When attending some public occasions, at least they must not see strange things on the surface. ”
"I understand."
"Also, give me a copy of the information about them and their family, especially their immediate family members."
"Okay."
After returning to the study.
"Gangzi, after Lao Zhang submits the information of the three people, you transfer them to Lao Zhou."
Huo Gang nodded.
Zhou Kai manages "Black Impermanence" and monitors the daily life of all bodyguards and bodyguard relatives around him through the Internet and communications.
The purpose is to prevent anyone from burying nails around him through threats or temptations.
After staying in his hometown for two days, Xu Liang took a plane to the capital.
He first went to his father-in-law's house for a meal, and then raised it with the executives of Hongmeng and Hanhua, and then he flew from the capital to New York.
Xu Liang is strong and energetic, and has no fatigue caused by jet lag.
After a brief renovation of his apartment in Manhattan, New York, he left the door with his bodyguard team.
After driving for a while, the car stopped in front of a small white building between 69th Street and Park Avenue.
Several security guards in suits and ties stepped forward to check. After seeing the membership ID in Huo Gang's hand, they respectfully made a gesture of invitation.
Xu Liang walked through the slightly vicissitudes of life and walked into this New York United Club.
Recommended by a group of financial tycoons such as Belankfan and Mai Jinheng, Xu Liang also established a member here some time ago.
The annual fee is not high, it only costs tens of thousands of dollars a year, but it is not something you can join with just one’s money.
Hanhua is now a big shot on Wall Street. Although a group of old white men may not be convinced, they still have to admit that a yellow man has achieved what they can achieve in their lifetime in just a few years.
Led by the waiter, Xu Liang walked into a spacious and bright room with luxurious decoration and British atmosphere.
Berlankfan and Mai Jinheng were having coffee and chatting. After seeing him walking in, both of them stood up to greet him.
"Xu, long time no see. Hanhua was in the limelight last year. With the market wailing, it rose against the trend and you made another big profit. It's really enviable."
Mai Jinheng shook hands with Xu Liang with a smile on his face. Looking at the other party's young and excessive face, the old man couldn't help but envy.
He witnessed with his own eyes how Hanhua rose step by step on Wall Street. When he first moved to New York, he was just an inconspicuous small company.
As a result, he made a lot of money through the capital market in just a few years, and in 2005, he beat Soros to the throne of the world's hedge funds king.
Unfortunate aristocrats within Morgan Stanley do not believe that a Chinese understands the American financial market better than them.
I don’t believe that the steady real estate market will collapse.
So I sold a lot of CDs to Hanhua, but the result was a heavy loss. Xu Liang looked at Mai Jinheng carefully and found that there was obviously a lot of white hair and his face had changed a lot. It was probably caused by the sensational fourth-quarter financial report last month.
Since its split from Morgan DATON in 1935, Morgan Stanley has suffered a quarterly loss for the first time in 72 years, and it has lost an astronomical figure, close to 10 billion US dollars.
Xu Liang guessed that Old Man Mai must be under great pressure recently, because the CEOs of Citibank and Merrill Lynch, which are also suffering serious losses, have resigned because they have led the company into the subprime mortgage crisis.
Although the old man in front of him has not been dismissed, his status is already in jeopardy. "John, I have heard of Morgan Stanley's recent series of difficulties, but I believe you will definitely lead the company out of the difficulties." Xu Liang looked at Mai Jinheng and said with a sincere look: "You are a responsible CEO. You have no choice but to leave at this time. It is much better than those professional managers who run to the world with high severance and pensions.
If you need help, you can raise it at any time. Hanhua is willing to help you and Morgan Stanley overcome the difficulties."
Hearing these words, Mai Jinheng felt warm, but he didn't take it much.
They are all old hunters in fan circles. Who will help you without money?
It would be nice not to add to the wrong side.
"Morgan Stanley fell into this field today, which is inseparable from my radical leverage expansion strategy."
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Mai Jinheng said quietly: "I will take the responsibility I deserve. Maybe one day I will leave Morgan Stanley, but I will not leave with the reputation of a coward and a loser."
The old man turned his gaze to Xu Liang and smiled and said, "Xu, thank you for your comfort. What I heard during this period is all the accusations and abuses against me, including my former friends.
These encouragement made me feel like I have regained some confidence.
Hahaha..., but when it comes to help, Morgan Stanley's stock price has not been particularly stable recently. If it is convenient for you, you can invest in us and boost market confidence.
The number does not need too much, two billion dollars or one billion dollars are fine."
The tragic thing in Xu Liang's heart is really not polite!
Financial stocks are the hardest hit by the plunge, and they are too late to short, so how can they go long?
Even as a long-term investment, the investment returns of financial stocks are far inferior to those of the Internet and technology industries.
But on the surface, it still needs to be installed. "No problem, but it takes a little time to wait. Didn't China Investment Corporation invest in you last month? Market confidence should have recovered.
I guess that the subprime mortgage storm will become more intense in the future, and the market sentiment will be even more pessimistic.
By then, we will take action to achieve the best effect of boosting market confidence. "
Mai Jinheng is a smart person. He heard that Xu Liang was unwilling to invest now, and was preparing to wait for the opportunity to buy the bottom.
When you take action then, the effect will definitely not be as good as the ones you take now.
Business in finance is not charity. It is already very considerate to be willing to buy the bottom and take action. At the same time, it can also bring some substantial help to the recovery of Morgan Stanley's stock price.
"Xu, thank you very much. Even if I leave one day, Morgan Stanley will remember your friendship to help. ”
Xu Liang nodded with a smile. He didn't value friendship or something, but just considered that the next second wave of "Zhurong Plan" action still requires the cooperation of Morgan Stanley.
When you make a lot of money, you can buy the Morgan Stanley at a short time. It doesn’t matter if you make less money. The important thing is to ensure that you make a lot of money in the second wave of action.
Berlankfan kept smiling at the side as Xu Liang and Mai Jinheng greeted each other. After the two finished chatting, he handed over and said, "Xu, congratulations. Hanhua has achieved enviable achievements again. In addition, Goldman Sachs is in a difficult situation now. Should we consider helping us?"
Xu Liang's eyes turned to Belankfan. The radiant look of the Goldman Sachs CEO formed a strong inverse comparison with Mai Jinheng, who was full of depression between his eyebrows.
Anyway, I didn’t see what the other party’s difficulties were?
Mai Jinheng smiled, "Roulder, as big winners, don't mock us losers.
If even you need help, Wall Street can be closed directly."
Berlankfan smiled faintly: "You can't say that. Except for the profits and profits of the self-operated department, our other businesses have suffered a lot of losses. After the profits and losses were offset, our performance has declined a lot compared with previous years.
The overall environment is so poor, no one can be sure what will happen next, be prepared for any trouble!"
Berlankfan glanced at Xu Liang, "Xu, do you think so?"
Xu Liang glanced at Mai Jinheng who was smiling but not smiling, and felt that the two old men seemed to be competing with each other.
After thinking a little in my mind, I quickly understood what the two of them were pinching.
If Xu Liang didn't pick up Belankfan, this guy was indeed a bit Versailles. Among the five major investment banks on Wall Street, Goldman Sachs was the most comfortable life.
Other institutions have suffered losses due to subprime mortgage derivatives and are even on the verge of bankruptcy. Only Goldman Sachs not only did not lose money, but also achieved a profit of US$3.22 billion in the fourth quarter, and the total net profit for the whole year in 2007 reached a record US$11.6 billion.
This fucking said that he was in trouble, he was really too pretentious.
If I were Mai Jinheng, I wouldn't have given such a good face.
But he also knew that it was not this that was unhappy in Mai Jinheng, but another thing.
With the eyes of the two old men, Xu Liang did not rush to express his opinion, but instead asked them to sit down together.
After sitting down, Xu Liang ordered a cup of coffee and tasted it, "No, authentic Jamaican goods."
Berlankfan smiled and did not urge him. Anyway, it would be enough not to let Morgan Stanley enjoy such a big business.
Seeing this, Mai Jinheng was quite helpless. Hanhua has been doing business with their two investment banks at the same time, unbiased and very flat.
At a young age, he knows the art of balance very well.
Looking at Xu Liang who was pretending to be a sample coffee, Mai Jinheng sighed slightly and could only give up those unrealistic fantasies. "Xu, just say it, what do you want to arrange next?" Xu Liang looked at the other party. Old Man Mai was still not very calm. Look at the other person, Belankfan, and he was still tasting coffee.
But this is normal. Morgan Stanley is losing money and is a pants. If he is the CEO, he also urgently needs to improve his performance. The most favorable news comes out.
"The total income exchange cooperation agreement formulated last time needs to be re-improved."
Hearing this sentence, although Belankfan and Mai Jinheng were mentally prepared, they were still secretly shocked. How much did they make?
"Before, it was the largest leverage, with a maximum of 50 billion US dollars in stock positions."
Xu Liang put down his cup and leaned his body on the soft and comfortable chair. He looked at the two old men with expectations in his eyes and said lightly: "The leverage does not need to be changed. The upper limit of the amount should be changed to 100 billion US dollars. If the situation is ideal, there may be additional numbers.
It’s still the same rule, one institution has half of the orders. "
Hearing such a terrifying number, even Belankfan's breathing became rapid. "Xu, such a large shorting will cause serious market panic, and the regulators may intervene. "
Mai Jinheng nodded slightly, and rarely held the same view as Belankfan: "What kind of financial free transactions are fooling around. Once there are losses that cannot be afforded, no government will stay out of it. ”
"There is also leverage, which must be reduced. I think 1 to 3 is more appropriate. US$20 billion can leverage the 60 billion USD plate."
Berlankfan said, "Even so, it is quite troublesome to operate. It is like a giant beast turning over in a pool, which will cause huge waves."
Xu Liang smiled and said, "That's why we hope to invest with the branches opened by Goldman Sachs and Morgan Stanley around the world to achieve the effect of diversifying funds."
Berlankfan didn't say anything. He knew that the other party wanted to cover up his own actions through Goldman Sachs. Goldman Sachs earned some handling fees and financing interest, while the other party achieved the goal of efficient and silent shorting of the global financial market.
He glanced at Mai Jinheng, who was also looking at him.
He knew that his old friends and colleagues sitting opposite him were already tempted, and Morgan Stanley currently needs such large orders to improve the company's performance.
Berlankfan quickly made a decision, "If you accept triple leverage, there will be no problem with Goldman Sachs."
"Morgan Stanley is not a problem."
Xu Liang nodded gently. Three times the leverage is triple leverage. After all, it is difficult to be as free as in the past for such a large amount of funds, and at the same time, some risks need to be prevented and controlled.
"Within three days, Hanhua will transfer all the first deposit to your account."
Mai Jinheng asked, "So fast?"
Xu Liang smiled. This cooperation agreement has actually been negotiated for a while. The reason why it has not been started is that the investment income of the subprime loan derivatives market has not been delivered, and the short targets are also needed to be investigated and studied.
Everything is ready now. If you don’t enter the market, you won’t be able to eat the hot ones.
Berlankfan is very decisive in his work. "I will go back to hold a meeting and arrange for the securities brokerage department to connect with you immediately. The investment targets and trading products of various regions and countries are allowed to be chosen.
Your people only need to conduct research and issue instructions, and we are responsible for helping you borrow stocks to sell short."
Mai Jinheng also began to express his opinion, saying that he would take action immediately.
Xu Liang nodded slightly. In fact, there is no particularly big difference between total income swap and personal financing and stock trading. It’s just that Han Hua’s name will not appear on the short position list, and the two major investment banks appear.
These two companies have strong brands and are not afraid of future liquidation of financial regulatory agencies in various countries.
Hanhua is different. He has no big backing. If he still wants to stay in the financial market in the future, he will have to play the slutty flow.
Spend some money to hire two major investment banks to do business. The blame for disrupting the market can be completely left to the two culprits. Anyway, these two companies are not itchy if they have too many lice, and they don’t have to worry about too much debt.
...
After leaving the United Club, Xu Liang went to the headquarters of Hanhua's office in New York.
Xu Liang sat in the middle of the wide conference room, and the monitor on the wall surrounded him in a circle.
Hanhua COO Jiang Xiaoyang, Qiu Heng, who is responsible for the daily management of Pacific Fund, and Sun Zhenping, Jiang Ping, Zhong Lifang and Zhao Peng of Indian Ocean Fund.
In addition, with the COO of Hongyan Fund Xia Changsheng and Wu Jing, director of the Financial Investment Department.
They are one of the core of the two financial behemoths, Hanhua and Hongyan. "I finally waited for this day!" Zhao Peng was very excited to be able to participate in such a big action as soon as he joined Hanhua.
He had long wanted to be a big short seller. The financial reports of the five major investment banks were just the first fig leaf to be revealed, and there will be a second and third ones next...
Jiang Ping was very calm and talked about his analysis over the past few months:
"The subprime mortgage storm began to break out in August last year, and then governments of various countries took action to rescue the market. Although the stock market fluctuated, the overall decline was not large.
We took action now, the risk is still very high, and we also need to be prepared for a long-term battle.
More importantly, if we want to make a real profit, the impact caused by the subprime mortgage storm must continue to expand."
Xu Liang looked at Jiang Ping with a smile and asked, "Do you think the impact will be expanded?"
Jiang Ping smiled, "The expansion of the impact is a high probability event. The key is that we must be able to wait and hold it."
"Don't worry, this time I made up my mind that no matter how the market rebounded or how it lost, I had to shorted it for a whole year."
Xu Liang's eyes were firm. Lehman Brothers had not yet fallen. Only when this giant fell would a financial tsunami and a waterfall-like plunge.
No one can stop the general trend.
After unifying everyone's thoughts.
"Xiaoyang, Hanhua's assets, have you sold all the assets you should sell?"
"90% sold, and the rest will take another month." Xu Liang nodded. "Old Xia, stay, everyone else will go out."
The figures on the display disappeared one by one, leaving only Xia Changsheng.
"Old Xia, is the liquidation of Hongyan over?"
"Yes. It officially ended yesterday morning, and the detailed information has been sent to your email address."
"Where has the Zhurong Plan been carried out?"
"63% of the 76.8 billion US dollars have been invested, and the rest are still entering the market one after another, and it is expected to end at the end of the third.
Triple leverage."
76.8 billion US dollars is Hongyan's net profit in the "gonggong Plan". Xu Liang has now invested this part of the funds in the "zhurong Plan".
(This chapter ends)