Rebirth of the Financial Crisis Sweeping the World

Chapter 292: 292 Soros was shocked in a cold sweat an

  Chapter 292 292 Soros was shocked in a cold sweat, and the Blackshirt Alliance was frightened!

  The headquarters of the Black Shirt Investment Bank, everyone looked at the stock price of Midland Bank at 1.50 US dollars per share, and their eyes were a little excited.

  This time, the Black Shirt Investment Bank bought bottom 200 million shares of Midland Bank, and there is no floating loss in the account for the time being.

   Before lent these 200 million shares to the other parties to short Midland Bank.

  The stock price of Midland Bank continued to plummet, dropping to as low as US$0.50 in US stocks, becoming penny stocks.

   is obviously caused by the crazy selling of five companies including Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities.

  Now the stock price of Midland Bank has rebounded to $1.50, which has stabilized.

   Wu Zhanhai said with lingering fear: “M’s, the stock price of Midland Bank fell to $0.50 per share before, and I thought Midland Bank was going bankrupt.”

  To be honest, the stock price of Midland Bank fell so hard just now that he thought that Midland Bank had declared bankruptcy.

  Wu Hongsheng smiled and said: "It was just Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others who sold the stock we lent them.

  Now they have sold out, and the stock price has stabilized at $1.5 per share, they have not withdrawn, hehe"

  Originally, the Black Shirt Investment Bank bought 200 million shares of Midland Bank, and then lent it to Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, and Ju Debiao to short Midland Bank.

  Now that the enemy has sold out, the stock price is still stable at $1.5 per share.

   should be stable, right?

Li Guangyu also excitedly said: "Yes, this time they borrowed 200 million shares of us to short Midland Bank. Instead of suppressing the stock price below $1.00 per share, they kept the stock price above $1.5 per share. This time their five securities companies are going to be unlucky"

  Before the enemy borrowed 200 million shares to short Midland Bank, the stock price is now very stable.

  And Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others short the Midland Bank at such a low position, it must be bad luck.

  Because the stock price of Midland Bank may rise above US$2.00 per share at any time.

  Lu Jianyan said excitedly: “We were short sellers before, and interest was harvested. Now we are harvesting interest. As long as the stock price of Midland Bank stays above US$1.5 per share, we will win.”

  The Heishan Group has always been a short seller, borrowing stocks everywhere.

Now Black Shirt Insurance is shorting AIG 5 million shares, Black Shirt hedge funds are shorting the Hong Kong Alliance, the Huang Consortium, and Zheng's listed companies under the Zheng Consortium, and the No. 2 Fund is shorting Citibank, which generates a lot of interest every day. .

  Now it is finally the turn of the Black Shirt Investment Bank to cut the leeks.

  This Li Songwei and others need to pay US$260,000 in interest to the Heishan Investment Bank every day, which is 2.06 million Hong Kong dollars per day, cutting leeks every day.

Guan Zhenyi also smiled and said: "This Jiao Xiongbing, Adolf Roguli, Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others have joined forces to specifically target us, and they have also formed a black shirt alliance. They are all behind. Family or large financial group"

  Behind Daoheng Securities is the Hong Kong’s top ten consortium Michael Kadoorie family, and CLSA is the French Agricultural Bank Group.

  Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities are backed by a family.

  Because of the rise of the Heishan Group, as upstarts, it is natural to conflict with the interests of these veterans.

  Currently, the three major departments of the Black Shirt Investment Bank, the Securities Palace, the Investment Banking Department, and the Investment Management Department are all frantically snatching the customer market of these old and expensive securities companies, and the competition is particularly fierce.

Lin Jiyang also said: "These guys are so courageous to borrow 200 million shares of Midland Bank from us. They are optimistic that Midland will follow in the footsteps of Lehman Brothers and Washington Mutual Bank. When Midland Bank goes bankrupt, the stock price will fall. If we want to close the position, we have to wait for them to close the position and return the stock to us before we can close the position.

  Their wishful thinking is so good, they want us to die. "

  But now Midland Bank is still negotiating with Citibank and Wells Fargo.

  If the negotiation succeeds in a premium acquisition, the Black Shirt Investment Bank will make a lot of money.

  If the negotiation fails, Midland Bank declares bankruptcy, and the Black Shirt Investment Bank will lose everything.

  I really want to be put to death by the enemy.

  Wang Guanxi sneered: "Then see who was put to death."

  At this time, in the Hong Kong media, seven pieces of news about the black shirt investment bank appeared.

  Dao Heng Securities: Bankruptcy of Midland Bank is imminent

  CLSA: The negotiations between Midland Bank and Citibank may be shattered at any time

  Yiqun Securities: Heishan Investment Bank makes big dips and the situation of Midland Bank is very bad

  Tong Ying Securities: This large-scale buying on Midland Bank will be the biggest mistake of the Heishan Group

  Dali Securities: Blackshirt Investment Bank's Waterloo battle is about to start

   Gaoxin Securities: A Hong Kong investment bank makes a big bid for the bankrupt Midland Bank, fearing that it will lose its money

  Fengnian Securities: Heishan Group is heavily in debt and may be hit hard this time

  Wang Guanxi smiled and said: "This group of people, if you want to fight, we will fight them to the end."

   "Send me the prepared articles immediately, hit them back fiercely, hit their credibility, and grab their customers!"

  "Yes, BOSS" everyone hurried to do it.

  The people in the black shirt group will not let go of any opportunity to hit the credibility of their opponents.

  In an instant piece by piece of reports came out, directly refuting the opponents.

   Then Wang Guanxi began to pay attention to the share price of American International Group and Citibank.

  AIG’s share price is now at $35 per share, which is also a lot higher.

  Black Shirt Insurance Company is shorting 5 million shares, and the position is opened at US$388.00 per share, with a floating profit of US$1.765 billion.

  Citibank’s share price is now at $193 per share, which actually rose a lot tonight.

   Fund No. 2 shorted 5 million shares of Citibank, with a position of 213 US dollars per share, temporarily floating profits of 10 million US dollars.

  What surprised Wang Guanxi is that the stock prices of American International Group and Citibank are actually rising!

  But there is big news tonight.

  That is the U.S. Congress voting on the $700 billion rescue plan.

  Passed, the stock market skyrocketed!

   was rejected, and global stock markets plummeted.

  This TM is a very, very critical night.

  It’s only 11:30 in the evening, and the voting results will not come out until wee hours.

  At this time, Huang Shaokai also came and said, “BOSS, Soros Quantum Fund also shorted the Bank of Midland at a high position.

  Tonight’s collapse of Midland Bank’s stock price was the cause of Soros. He caused panic in the market and caused Midland’s share price to fall from US$10 per share to US$2 per share.”

  Zhang Dexi smiled and said: "That just happened to let us buy the bottom. Soros is really a good comrade, and helped us smash the stock price of Midland Bank."

  Wu Zhankun also smiled: "Yeah, yeah, thanks to Soros hitting the plate in a high position"

  At this time, Wang Guanxi said: "Continue to post and spend money for the Wall Street Journal to report. It is best to scare Soros away and let Soros liquidate!"

  "Yes, BOSS" everyone went to make arrangements again.

  ··

  Soros Quantum Fund at this moment.

  Soros stared at the shares of Wachovia Bank, his expression calm, but he was not very happy inside.

As soon as the U.S. stock market opened today, he quickly sold 100 million shares of Midland Bank. The selling of 100 million shares was coupled with the selling of other investors in the market. In addition, the selling on the market was also very, very good. Less, directly causing the stock price of Midland Bank to collapse.

   fell from 10 US dollars per share to 2.00 US dollars per share, and then triggered a series of selling frenzy.

  Why caused a series of selling frenzy?

  Because of the collapse of Midland Bank's stock price, everyone was afraid that Midland Bank would declare bankruptcy at any time, so they dumped the shares of Midland Bank, and then the stock price of Midland Bank continued to fall, down to a minimum of US$0.5.

  The Soros Quantum Fund shorted 100 million shares, and the position was opened at US$6.00 per share, with a maximum floating profit of US$550 million. Now the book only has a floating profit of US$450 million.

  At that time, when the stock price of Midland Bank fell to US$0.5 per share, Soros intended to liquidate his position, but he was a little greedy. He hoped that the stock price would fall to US$0.1 per share and then close the position, earning tens of millions of dollars.

  Unexpectedly, the stock price of Midland Bank rose in the blink of an eye, and it has now stabilized at $1.5 per share.

   Lost profit by 100 million dollars.

  And nowadays, the volume of transactions on the market is also drastically reduced.

   Soros was lost in thought.

  Do you want to clear the stock now?

  I made a lot of money anyway.

  But he hopes that the stock price will fall below $1.00 per share, and then close the position again!

  Because of his little greed, he has already missed the perfect opportunity to close the position. If he is given another chance, he will not miss it.

  Vice President Roga Bowers said: "The boss, Goldman Sachs Bank, Barrac Bank, and Hong Kong's Black Shirt Investment Bank are all increasing their holdings of Midland Bank's stock."

  "Goldman Sachs Bank, Bareck Bank" Soros flashed solemnly at the corner of his mouth, and then he thought of something, so he asked: "You said the Black Shirt Investment Bank is also increasing its holdings?"

  Black Shirt Investment Bank is a brother company of Hei Shirt Insurance Company. The two companies belong to the Hei Shirt Group. This Hei Shirt Group is a financial group formed by Hei Shirt Insurance as its core and has a big name in Hong Kong.

Even in the United States, many people know about this financial group, because it shorted Fannie Mae, shorted Lehman Brothers, shorted Washington Mutual Bank, and made a lot of money. For this reason, the New York Times and Wall Street Journal have reported. Over.

  Roga Bowers nodded: "Yes, boss, the Black Shirt Investment Bank is also increasing its holdings of Wachovia Bank."

   "Blackshirt insurance, blackshirt investment bank!" Soros had suffered a big loss at Lehman Brothers before, losing 700 million US dollars.

  This time the black-shirt insurance gang came to oppose themselves again.

  There is no difference between the black shirt investment bank and the black shirt insurance company.

  Unexpectedly, the Soros Quantum Fund and the people from the Black Shirt Insurance Company had a match before.

  This makes Soros more cautious and takes seriously the negotiated acquisition of Wachovia Bank.

  To be honest, he had expected that the negotiations between Midland Bank and Citibank would break down, but the Black Shirt Investment Bank had come to buy the bank for a large amount, so Soros began to feel a little bit that Midland Bank would eventually be acquired at a premium.

   But if he closes the position now, he is not reconciled.

  Because tonight the US Congress will vote on the US White House’s $700 billion redemption plan.

  The $700 billion rescue plan will most likely not be passed, because there are so many people who oppose it.

  Once the rescue plan is rejected, the U.S. stock market will fall sharply, and then the negotiations between Wachovia Bank, Citibank and Wells Fargo will also be broken. This Wachovia Bank is the next Lehman Brothers, Washington Mutual Bank.

  So now Soros's heart is extremely contradictory, because the Black Shirt Investment Bank suddenly intervened and disrupted his original plan.

   Soros suddenly couldn't make up his mind.

  Why?

  Because the people with black shirt insurance have never lost money since the rise of the insurance company. They succeeded every time and have extremely accurate judgment. He doesn't believe in **** luck, it must be accurate judgment to succeed repeatedly.

  This time, the Blackshirt Investment Bank is buying the bottom of the Midland Bank, should it also be profitable?

  If the Black Shirt Investment Bank is correct, will Midland Bank’s stock price rise to more than $6 by then?

Thinking of this, Soros looked worried and asked: "Roja Bowles, tell me what you think of the Bank of the United States. What kind of confidence does this black shirt investment bank rely on and dare to buy the Bank of the United States? "

  Now Soros himself is a little undecided, and he also wonders, isn’t the Black Shirt Investment Bank afraid of the Bankruptcy of Midland Bank like Lehman Brothers and Washington Mutual Bank?

  A big buyout at Midland Bank when the stock price crashed!

  What is the confidence of this black shirt investment bank?

  Roga Bowers was stunned. His boss Soros was a financial crocodile in the United States, and the financial market has existed for decades. When will he be so worried because of a small financial company?

  Is this small financial company an investment bank with a black shirt?

  Is your boss getting old and timid?

We must know that when his boss Soros was young, when he was strong, and when he was full of energy, he was not afraid of even the Bank of England. He shorted the British pound and directly hit the Bank of England, shocking the world and becoming famous in the first battle. Enter the history textbook!

  How is the boss now afraid of a trivial small investment bank?

  This black shirt investment bank is nothing more than a small investment bank. It is not bad in Hong Kong, but on Wall Street, that fart is not one!

  Is the boss scared of the people in the Heishan Group after suffering a big loss at Lehman Brothers last time?

  Does the boss forget that when he was young, he was so powerful, and the moment when the market crashed while talking and laughing?

  He is very optimistic about the bankruptcy of Midland Bank. When his boss Soros shorted Midland Bank before, he also firmly believed that Midland Bank would end up like Lehman Brothers and Washington Mutual Bank.

  Now that the Heishan Investment Bank suddenly came to buy the bottom, the boss was scared.

Thinking of this, Roga Powers said: "Boss, I think Midland Bank will be the same as Lehman Brothers and Washington Mutual Bank. As a result of bankruptcy, Citibank and Wells Fargo may abandon Midland Bank. The Black Shirt Investment Bank made a big bid for Midland Bank, and it will definitely lose everything."

   Soros nodded.

  At this time, the Wall Street Journal reported.

   Followed by Bloomberg: [Citi agrees to acquire Midland Banking business]

  Citigroup has agreed to acquire the banking business of Midland Bank. According to a statement issued by the Federal Deposit Insurance Corporation (FDIC), Citigroup will absorb up to USD 42 billion in losses from Midland Bank, with the latter’s total loans amounting to USD 312 billion.

  Other losses will be borne by the FDIC, and the FDIC will obtain US$12 billion in preferred stocks and warrants from Midland Bank.

  This transaction may save Midland Bank from the fate of bankruptcy. The bank is the sixth largest bank in the United States in terms of assets, and its stock price today has fallen below $1.

  FDIC stated that all depositors of Midland Bank will be protected.

  According to the FDIC, Citigroup will assume Midland Bank’s senior and subordinated debt; Citigroup said it will cut its dividend in half and raise $10 billion in new funds.

  Goldman Sachs Vice President Meredith Whitney said: “Citigroup definitely needs to raise funds. From the perspective of Citi’s income base, I don’t know how the group can absorb the US$42 billion loss of Midland Bank.”

FDIC Chairman Sheila Bell: "For the customers of Midland Bank, today's acquisition of Citibank will ensure the continuity of Midland's services and form complete protection for all their deposits. Midland Bank's services will not be interrupted. , Customers should be able to handle various businesses as usual."

Midland Bank is the latest victim of the current financial crisis. This crisis has forced Lehman Brothers, the fourth-largest securities company in the United States, to file for bankruptcy protection, Washington Mutual Co.’s bankruptcy, Merrill Lynch’s acquisition by Bank of America, and Bear Stearns’s acquisition by Morgan Stanley. Banking group acquisition.

  Through this acquisition, Citigroup will acquire approximately 3,300 branches of Midland Bank, which are located in 21 states in the United States. Midland Bank will continue to own A.G. Edwards Inc. brokerage firm and Evergreen Mutual Fund.

  BBC reported that Wells Fargo Bank Group has also initiated a tender offer for the assets of Midland Bank.

  In trading on the New York Stock Exchange (NYSE) last week, the stock price of Wachovia Bank closed at around US$10, while in today’s morning trading, the bank’s stock price fell as high as US$0.5.

  In February 2007, the stock price of Midland Bank was higher than US$48.

  Citigroup’s stock price rose by $13 in early trading today.

  With the appearance of this news, many investors bought in, or short sellers closed their positions.

  The stock price of Midland Bank began to rise and soon rushed to $2 per share.

  Associated Press: [U.S. Congress will pass a $700 billion rescue plan]

  Gradually the stock market began to rise.

  The stock price of Midland Bank rose rapidly, rushing to a $2.5 per share stop in the blink of an eye.

  Wall Street Journal: [A Hong Kong investment bank makes a big dip in the stock of Midland Bank to fight Soros again]

  [Does Soros' short-selling Midland Bank repeat the mistakes of Lehman Brothers?]

  At this time, Soros' back was already shocked in a cold sweat!

  Now Soros has shorted 100 million shares of Midland Bank in his own fund, and opened a position at US$6.00 per share. The floating profit in his account has been reduced by another US$100 million, leaving a floating profit of US$350 million.

**** it!

  Roga Bowers asked with some worry: "Boss, now the stock price of Midland Bank has rushed to $2.5 per share, and the situation is starting to be bad for us."

  It turned out that they had a chance to close their positions at the position of 0.5 US dollars per share, but unexpectedly, in the blink of an eye, the stock price of Midland Bank rushed up again, which is simply incredible.

  Did the Black Shirt Investment Bank win the big deal this time with Midland Bank?

   "It's true, the situation is a bit unfavorable." Soros took a breath of unwillingness and said: "This black shirt investment bank can't get along with us again!"

  Soros fell into entanglement, but finally decided to continue holding the short list of Wachovia Bank and not liquidate the position temporarily.

   and destroy the Black Shirt League.

  Dao Heng Securities, CLSA, Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities saw the stock price of Midland Bank rushed to US$2.5. They were all shocked!

  The Black Shirt Alliance holds a short list of 200 million shares of Midland Bank, with a position of $1.50 per share, and a loss of $1 per share on the book, which represents a loss of $200 million.

  Everyone was shocked.

   Jiao Xiongbing said incredulously: "Why has the stock price of Midland Bank increased again?"

  Adolf Rogulli: "What the **** is going on? Isn't Midland Bank to be acquired at a premium?"

  Li Songwei gritted his teeth and said: "If you can't be bought at a premium, you will definitely go bankrupt."

  You Zhenxuan said unwillingly: "Mid Union Bank must go bankrupt, bankrupt, bankrupt, **** it, the stock price drops quickly!"

  Jiang Jiwei looked at the board angrily: “This must be a temporary rise. Before Lehman Brothers and Washington Mutual Bank went bankrupt, the stock prices also went up and down. We don’t panic.”

  Yue Runlin breathed angrily and said: “This black shirt investment bank will eventually lose its money. We must work hard to the end. Midland Bank will not go bankrupt. We will never give up and we will never close the position.”

  Ju Debiao also looked at the computer with hatred, and said, “Yes, we just don’t liquidate our position and continue to do it. Waiting for the bankruptcy of Midland Bank, the Heishan Investment Bank will lose everything.”

  Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities jointly shorted Midland Bank, with a book loss of 200 million US dollars, which is 1.55 billion Hong Kong dollars. Each company lost 310 million Hong Kong dollars.

  They are angry and unwilling.

  Be aware that the stock price of Midland Bank fell to $0.5 per share before, when they had a floating profit of $200 million on their books.

  As for the Heishan Investment Bank, everyone is also very excited.

  The Black Shirt Investment Bank has a surplus of US$200 million on its books.

   is simply so cool.

  Although the stocks were lent to the Black Shirt Alliance to short Midland Bank, the stocks will be returned to them after the enemy closes their positions. ,

   "This time Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, and Ju Debiao are about to cry"

   "Haha, they must be angry and regret it, but it's useless"

   "Just waiting for these guys to blow up"

  "The U.S. Congress will vote soon"

   "I don't know if the $700 billion rescue plan failed?"

   "Let's wait and see"

  “Now the global financial market is very irritable, rising and falling”

  Wang Guanxi said: "Drink coffee, everyone is waiting for the storm."

   "It's the boss!"

  (End of this chapter)