My Age of Investment

Chapter 1580: Settle accounts after autumn

  Chapter 1580 Settle accounts after autumn

   "Hahaha~"

  Xia Jingxing happily handed the Fuxing Tablet in his hand to Liu Xiaoduo who was on the plane with him to the United States, "Look at it, Lao Niu's mouth is really poisonous, and he almost greeted the eighteenth generation of Robin Li's ancestor directly."

Liu Xiaoduo took the tablet, and when she saw the title "Chihiro of the Donkey Day", she couldn't help laughing: "It's great to get the title, let everyone associate it with "Penguin of the Dog Day" at once. Wake up, how do you evaluate these two brothers? A pair of crouching dragons and phoenixes on the Chinese Internet?"

  Xia Jingxing smiled and said nothing. Compared with Chihiro who eats human blood buns, Penguin's notoriety of copying products and threatening users is not at all high. Why do you say that? Penguins are just seeking money anyway, not killing them.

   "Drunk Qingniu scolded Chihiro and Robin Lee like that, he won't be...".

   Speaking of this, Liu Xiaoduo made a gesture of wiping his neck.

   "What are you thinking? Now is a harmonious society!"

  Xia Jingxing shook his head and laughed. The mainland is not Hong Kong Island in the 1970s and 1980s. If a tabloid reporter dares to name a business tycoon in that way, he might be sunk.

   "You tell someone to tell Drunken Qingniu not to be afraid, and now the people of the whole country are supporting him.

   It would be even better if Qianxun sued him. We will continue to sponsor him a sum of money through the old method, making the lawsuit a household name and making his reputation even higher. "

   "That's too cheap for him!"

   "Everyone gets what they want!"

  …

   After chatting for a while, Xia Jingxing sent Liu Xiaoduo away, he wanted to be alone for a while.

  Looking at the dark night sky outside the porthole, the good mood I just had just disappeared without a trace.

  Vision Capital encountered a lot of trouble this time. Abel, Jiang Ping, Zhao Peng and others kept urging him to leave for the United States, so he could only leave the half-finished battle with Chihiro.

   But Chihiro basically can't make any waves, because he still has a few cards in his hand that he hasn't played yet.

   What really worries him is Envision Capital. The opponent he encountered this time is very unusual, and it is difficult to defuse the opponent's offensive.

  ...

  ...

  After arriving in New York in a low-key manner, Xia Jingxing did not go to Wall Street to show his face, but came to the Peninsula Manor villa bought for Ivanka in the small town of Greenwich.

  Not long after Xia Jingxing arrived at the villa, Abel, Jiang Ping, Zhao Peng and Liu Hai rushed over one after another.

   Then, several people held a small meeting together.

"Affected by the Goldman Sachs fraud case, public opinion in the United States and Europe is currently very unfavorable to us. Netizens who don't know the truth have been incited to believe that Vision Capital and Goldman Sachs are colluding with each other and are one of the biggest black hands behind the subprime mortgage crisis. support for financial regulators in various countries to take action against us and Goldman Sachs."

  Jiang Ping looked at Xia Jingxing solemnly, sighed, and said, "Even Blankfein can't withstand the pressure. I'm afraid it will be difficult for us to resist this time."

  Xia Jingxing rubbed his swollen temples, feeling a little tired, but this did not prevent him from scolding Goldman Sachs and Blankfein in his heart. This time, Vision Capital was tricked by this pig teammate.

  The matter started four years ago, when Goldman Sachs was entrusted by Vision Capital to help design and launch a mortgage-backed debt bond based on subprime mortgage loans, that is, CDO.

With the help of Goldman Sachs' huge sales network covering the world, the CDO bonds were sold out quickly. There are many buyers or players who compete with Vision Capital, not only institutional investors such as banks, funds and insurance companies from various countries, but also Many small retail investors... For example, the song **** Jacky Cheung is one of the more well-known ones. After a huge loss, he held more than 100 concerts in one breath.

   Of course, it is impossible for institutional investors to swallow their anger like small retail investors. For example, Deutsche Bank and Royal Bank of Scotland sued Goldman Sachs after surviving the subprime mortgage crisis and filed huge claims.

   "The reason why Blankfein succumbed was because the master of the white house spoke!"

  Abel often deals with the blue-blooded nobles, and he is the most familiar with the upper-class politics of the United States among all people.

He wandered around all the people with his eyes, finally stared at Xia Jingxing, and said, "Goldman Sachs not only pimped us, but also helped many subprime mortgage speculators including Paulson to match up with investors from all over the world." trader.

   Countries without sovereignty, such as Xiaobenzi and Xiaobangzi, dare not speak out, but our European allies really can't bear it this time.

  Countries headed by Britain, France and Germany hated Goldman Sachs to death. They not only expressed dissatisfaction with the White House, but also released harsh words: Goldman Sachs will completely prohibit Goldman Sachs from developing business in their country without an explanation.

  Ao Guanhai was preparing to attack Wall Street at the time, but he was afraid of the votes and political power behind the major financial institutions. The incident caused by Goldman Sachs gave him a good breakthrough.

  At the same time, the SEC has also been disgraced by the Madoff scam and the subprime mortgage crisis, and urgently needs to file a major case to restore the lost reputation and public trust.

   After countless games and exchange of interests, Goldman Sachs finally relented and agreed to pay $550 million to settle the civil fraud case with the SEC.

   This number is not very large, but it also set a new record and became the largest fine ever issued by the SEC to a financial institution. "

Speaking of this, Abel sneered, "But our European allies did not receive much fines. The German Industrial Bank received 150 million U.S. dollars, the Royal Bank of Scotland received 100 million U.S. dollars, and the remaining 300 million U.S. dollars all went into pocket of the SEC."

   "The SEC's handling of this matter is really disgraceful." Zhao Peng commented bitterly.

  Abel spread his hands, "That's right, so the German Industrial Bank and the Royal Bank of Scotland, which have not recovered enough blood, are eyeing Vision Capital again."

  Liu Hai sneered: "We didn't design the product, and it wasn't us who directly faced investors. Why would you sue us?"

   "It doesn't matter what we said, the SEC has officially accepted the case."

  Abel put away his hippie smile and said sternly: "And Goldman Sachs made a very bad head, which is very detrimental to our next lawsuit."

   "Damn it!"

Liu Hai slammed his fist on the table, and Abel's words reminded him that Goldman Sachs' "weakness" has undoubtedly fueled the arrogance of these people who can't afford to lose, and if there is a lawsuit in the future, Goldman Sachs will also be charged. The possibility of treason is taken into consideration.

   “When we were designing this product, did we…”

   Liu Hai glanced at Xia Jingxing, but he didn't get the word out, but Xia Jingxing still understood that Liu Hai asked if there was any violation.

"No!"

Xia Jingxing's expression was calm, but there was a hint of murderous intent in his eyes, "This product was independently designed by Goldman Sachs, and ACA participated in the rating. All information and investment portfolios are public, without any concealment or inducement. An ordinary short investor."

   "I'm afraid this statement is hard to be convincing."

Facing Xia Jingxing's piercing gaze, Abel bit the bullet and said, "Goldman Sachs' reputation has already been stigmatized, and after Fabrice Tour's e-mail sent to a friend pretending to be bullying was made public, it's even more ridiculous. It is the last fig leaf of the company."

   "Fabry Tour~"

  Xia Jingxing said the name in his mouth, and the memories of four years ago appeared in his mind.

   "Daren, don't worry, this is not the first time we have done this kind of thing..."

  Xia Jingxing scratched his head, this pig teammate, why send an email to pretend to be aggressive, it's all right now.

   "Financial leverage is increasingly being used in this system, and the whole edifice is about to collapse at any moment. The only possible survivor (Fabry Tours) is in the middle of a complex and highly leveraged bizarre transaction that he has created..."

After reading a passage, Abel said: "This is the exact words of Fabrice. He pretended to be a prophet and a wise man in front of his friends, but ended up getting a lot of trouble for the company, and his career may also be ruined because of it." Get reimbursed.

  Blankefein should hate this kid to death by now. If not for the attention of too many people, this kid might have died in a car accident long ago. "

  Xia Jingxing nodded lightly, expressing his awareness of the destructive nature of this email.

  The release of this email also showed the public that Goldman Sachs had predicted the occurrence of the subprime mortgage crisis as early as January 2007, and then Goldman Sachs "tricked" a bunch of financial institutions into killing pigs.

  This is how the European financial giants can swallow this bad breath!

"The underpants of Goldman Sachs have been ripped off, which also makes us, the profit-seekers, very passive. The outside world is sure that we have played a disgraceful role. It is very likely that we have teamed up with Goldman Sachs to set up this $1 billion trap to kill bulls. .”

  Aberdeen paused for a moment, and then said solemnly: "Goldman Sachs' next attitude is crucial. We must persuade Blankfein to help us get rid of all the charges."

   "Will Goldman Sachs do it?" Liu Hai asked.

   "It depends on how much you are willing to pay."

  Xia Jingxing glanced at Abel, "I'll talk to Blankfein in person.

   Now my concern is that even if Goldman Sachs is on our side, European financial institutions are still on our side. "

  Abel nodded, "It's very possible, the European guys are already red-eyed, and they won't let go of any chance to recover blood quickly."

  “US$1 billion is just an ordinary order among the many CDO and CDS transactions that Envision Capital participated in. I am more worried that if I lose the lawsuit, will other hyenas who smell blood will swarm.

   At that time, it will not be able to spend hundreds of millions or billions of dollars. "

  Jiang Ping's words made everyone's faces darken, and this touched what they were most worried about! This hole must not be opened, otherwise the entire dam will collapse thousands of miles away.

  "Can't settle! Can't lose the lawsuit! No matter how difficult it is, we must support the lawsuit."

   Liu Hai said excitedly: "All the profits from the subprime mortgage crisis have already been shared, and we simply cannot afford to pay that astronomical sum."

  Xia Jingxing frowned and said, "What's our blue-blood noble friend doing recently?"

   "It's none of your business, hang on high!"

  Abel smiled wryly, "They seem to want to use this attitude to respond to the toughness we showed in liquidating funds some time ago."

   "Could it be that they instigated this matter?" Xia Jingxing asked.

  Abel shook his head again and again, "It shouldn't happen, they just want to grab the meat, not smash the pot together."

  Xia Jingxing thought for a while, and generally ruled out the suspicion of blue-blood nobles, but he still had a trace of vigilance in his heart, intending to further observe the behavior of those people before drawing a final conclusion.

   "You inform them that after we liquidate the fund, we plan to stop all hedge fund raising and withdraw from Wall Street!"

   "Exit Wall Street?"

   Not only Abel's eyes widened, but everyone else was also dumbfounded, all shocked by Xia Jingxing's decision.

  "I'm not joking. Cooperation is based on mutual benefit. When we contribute unilaterally, but they cannot provide us with reasonable protection, I can only regretfully terminate the cooperation.

  Of course, PE funds, S funds, and funds of funds, you can still continue to walk through the final journey together. "

  Abel swallowed hard and reminded: "Daren, is this too tough? Although those people are annoying, they still helped us solve some small troubles."

   "You said it was a small trouble, I helped them earn tens of billions, and I just asked them to solve the small trouble?

  Envision Capital is having a hard time, so everyone should just stop it!

   I got mad, I spun off all the shares of Ari and Hainei Holdings from the S Fund, so that they can't make a penny from the Chinese market! "

  Xia Jingxing looked at Abel with an unfriendly expression, which made the latter feel a little flustered, and at the same time, he was very worried that Envision Capital would give up the situation it managed so hard to manage, and quit Wall Street, or even the United States.

  Seeing the scene of Xia Jingxing getting angry, everyone reacted differently, and they were all thinking deeply about the boss's intention of completely decoupling with this move.

  Liu Hai's current interests are all pinned on Daxia Capital and Xia Jingxing, and he has little interest in Vision Capital, so he is the first to stand up and express his attitude.

   "I support this decision! Because as long as we show a little weakness and compromise, the name of Vision Capital will be included in the list after the fall.

  Even if the blue-blooded aristocratic friends finally stood up and pulled us to save Envision Capital from punishment, the price may be too expensive to bear. "

  Xia Jingxing glanced at Liu Hai appreciatively, and the other party understood what he meant. Even if this incident was not arranged by the blue-blood nobles, they couldn't let them take advantage of it.

   This is not just about the face of "who works for whom", but also about the distribution of benefits measured in tens of billions of dollars, no way! This time I let it go, maybe I will give it up again next time!

   "There are some old money in Europe. In their eyes, the blue blood nobles are just a group of refugees and nouveau riche fleeing on the Mayflower. I am afraid it will be difficult to help us."

  Xia Jingxing smiled slightly at Abel, "You are wrong, the blue-blooded nobles don't need to influence Europe, they only need to influence the United States.

  Goldman Sachs has already given an explanation. Is it true that the Europeans can put their noses in the face and run every financial institution on Wall Street once?

   It is not difficult for our blue-blood noble friends to solve this matter! "

  Abel thought for a moment, gritted his teeth and nodded, "Okay, I'll make arrangements right away!"

   "Be quicker and tougher at the same time! Whether Envision Capital can still operate in the United States depends entirely on you."

  (end of this chapter)