The Son of Finance of the Great Age

Chapter 870: King of Wall Street (10)

  Chapter 870 The King of Wall Street (10)

   "My God, Mr. Chung, why didn't you tell us this?"

  Ackerman quickly adjusted his mentality, and asked pretending to complain, "If we gather the strength of a few of us, aren't we afraid that JP Morgan's position will be destroyed in an instant?"

  He is a smart person, so he naturally knows that his relationship with Zhong Shi is not very good, it is just a cooperative relationship based on interests. But when he said this now, his tone clearly revealed intimacy, as if the relationship between the two parties was really good.

"this…"

Zhong Shi really wanted to continue sleeping and ignore him, but he didn't want to take the other party's kindness back, so he immediately lit a cigarette, sat up and asked, "What's going on here, why do you know about it? "

  Although Tianyu Fund’s position in the IG9 contract is well hidden, Zhong Shi does not think that there are no other investors in this market. But the development of the matter to this day is still beyond his expectation: someone actually revealed this matter.

   "It's a guy named Boaz Weinstein who runs a small hedge fund called Saba Capital..."

Although he was not happy with Zhong Shi's diversion from the topic, Ackerman still told the whole story honestly, "The situation is like this. According to him, he originally wanted to use this opportunity to put the biggest opponent in the market Forced out, but it seems that they have not moved. So he plans to mobilize the power of everyone to fight against JP Morgan."

   "So you thought about it, the so-called biggest opponent in the market is me?"

  Zhong Shi laughed softly, "William, you are a very smart guy, and you were able to associate this incident with Tianyu Fund. Yes, as you guessed, we are indeed attacking JP Morgan."

"what's next?"

   For this answer, Ackerman already knew. But what he wants to know now is what Tianyu Fund plans to do next after this news is leaked, "Should it be a massive squeeze to let JP Morgan leave the market at a loss? Or keep it secret and let them continue to toss, Then you reap the benefits of the fisherman?"

  The reason for asking these questions is because Tianyu Fund’s subsequent strategy determines whether Ackman will enter the market. If the Tianyu Fund ends here, then Ackman's Pershing Square will not have much profit margin. However, if it is the latter, then Pershing Square is entirely possible to enter with a full position and wait for an opportunity to get a share of the pie.

   "It's not up to us, it's up to JP Morgan!"

Zhong Shi replied directly without thinking, "If JP Morgan doesn't plan to stop, do you think we still have room for maneuver? Of course we have to fight to the end. But if they stop now, then we can only Walked out with a profit."

   "So what do you think they'll do?"

  Ackerman still did not give up, and continued to ask, "According to JP Morgan's corporate culture and the personality and style of traders, what do you think they will do next?"

   "I don't think they will give up!"

Regarding this point, Zhong Shi still had no intention of concealing it, and replied bluntly, "But if this is the case, that's fine. So far, I still think their position is not big enough. Have you forgotten what I said before?" ?"

   After Zhong Shi’s reminder, Ackerman came to his senses. What Zhong Shi said at the beginning was to find a large institution to snipe, so as to prevent hedge funds from continuing to stare at the European debt crisis. Naturally, the more serious the loss of this institution is, the more obvious its demonstration effect on the market will be.

  He suddenly felt a little annoyed in his heart, regretting wading into the muddy water this time.

   "Now you know why I didn't let you know?"

Realizing that the other party was silent, Zhong Shi said earnestly, "If you participate in this operation, it means to a certain extent that you have broken with some consortia in the United States. Whether it is good or bad, I can't tell, the pros and cons of it have to be grasped by yourself."

   After finishing speaking, he hung up the phone without waiting for Ackerman to say something, fell on the bed and fell asleep again.

  Listening to the beeping sound on the phone, Ackerman fell into deep thought for a while, and even forgot to hang up the phone. How to make a choice has become a question that he desperately wants to know the answer at this time.

  …

   "God, don't you know what's going on?"

Jamie Thompson came to Bruno Ixil's office again, and this time he yelled almost hysterically, "Just a week ago, New York hedge funds held their annual strategy meeting, and the market you manipulated was regarded as the focus Introduced to the people here. According to reliable sources, they are all rushing into this market to fight against you!"

   "God, do you know what you're doing? You're fighting the market!"

  In his career, Jamie Thompson has never heard of an institution that can compete with the entire market. When he heard that hedge funds were aggressively fighting against JP Morgan, he realized that the development of the matter was getting more and more out of control, and even reached a dangerous edge.

   This worry reached its peak when he heard that Bruno Ikhil still hadn't stopped manipulating the market.

"What happened?"

  Bruno Ixil poked his head out from behind the screen, spread his hands, and asked in puzzlement, "Jamie, what happened to make you so angry?"

"you you…"

  Jamie Thompson breathed heavily, and was unable to speak for a long while. This feeling is like a heavy punch on the cotton, and this contrast makes him very uncomfortable. Coughing twice violently, he finally recovered his breath, and then he continued to Bruno Iksil, "Tell me, are you continuing to sell IG9's contracts?"

"Of course!"

  Bruno Ixil leisurely turned the signature pen in his hand, and replied disapprovingly, "This is my job, how can I not continue?"

   "Don't you know, the hedge fund world already got the news?"

  Jamie Thompson suddenly lost his temper, and at this moment he really wanted to explode. But in the end he held back his anger, pulled a chair and sat down beside Bruno Ixil, and explained patiently, "And the newspapers have reported this matter in abundance, which has already created momentum .In this case, don't you have any plans to stop?"

   “Why should a profitable transaction be terminated?”

To Jamie Thompson's astonishment, Bruno Ixil stopped his desire to continue with just one sentence, "This deal is making money, do I want to ignore the profit growth and Is it impossible to forcibly stop this transaction?"

"make money?"

  Jamie Thompson felt that his brain was not enough, and subconsciously asked, "What are you talking about? Are you and I saying the same thing?"

   "Same thing, of course!"

Bruno Ixil smiled triumphantly, quickly tapped the keyboard twice, and a string of numbers quickly appeared on the screen, "Look, this is the profit in the past week, which has exceeded The sum of the past."

   "Thirty-seven and a half million...not right!"

Jamie Thompson squinted his eyes and looked at it for a while, and couldn't help counting the number in his mouth. After counting for a long time, he realized that something was wrong. After counting again immediately, his whole face suddenly changed, "Three hundred and seventy-five Millions? Were the funds earned within the past month?"

  He couldn't believe it.

  The CIO department generally contributes about 100 million U.S. dollars in profits to the JP Morgan headquarters every year, because their main job is to protect the safety of deposit positions, rather than purely investing. But even in this case, these few traders are still able to contribute profits every year, which has to be said to be a pleasant surprise.

  But in just one week, they made a total profit equivalent to the past three years, which didn't surprise Jamie Thompson.

   "What? Nothing to say?"

Seeing that Jamie Thompson fell silent, Bruno Ixil said triumphantly, "Did you see it? This is the result of the massive entry of hedge funds. Don't you think I don't know all this? Now you see Come on, the more they get in, the more profit I can make."

   "How the **** did you do it?"

  Jamie Thompson has nothing to say about Bruno Ixil's performance. Even the CEO of JP Morgan, Jamie Dimon, would have nothing to say about such achievements. However, he still wanted to know why all this happened differently than he expected. Jamie Thompson doesn't think he's an idiot.

   "It's easy!"

Bruno Ixil curled his lips and said lightly, "I will sell as much as they buy. As long as I sell more than they buy, the price difference will continue to widen. The more they buy, the more they will lose money. All the parts have come to me, it's that simple!"

   "As long as they dare to besiege me, I don't mind letting them go bankrupt!"

He continued, "Do you really think I'm easy to siege? Soon they will know how powerful I am, and this unregulated market will ultimately depend on the amount of funds. To be honest, I can't wait for more and more people to enter now. The more, so my profit will be more and more!"

"Do you know how much I sold in the past week? A full $20 billion. If they keep besieging me, then I will sell more positions until they completely surrender. You know in this In terms of positions, I have no upper limit. Could it be that their losses also have no upper limit?"

   "Hahahaha... fighting with me, I'm afraid they don't even know how to die in the end!"

   After Bruno Ixil finished speaking, he laughed triumphantly, without noticing Jamie Thompson whose face had already turned liver-colored.

   "You are simply crazy, unreasonable!"

  After hearing that Bruno Ikhil had sold another 20 billion US dollars of positions, what Jamie Thompson felt was not anger, but chills. Under such circumstances, instead of trying to reduce their own positions, the other party increased their efforts to manipulate the market. What kind of arrogance is this? Immediately he picked up the phone and dialed the number of the New York headquarters, "I'm going to report your behavior to the headquarters and see what sanctions they will impose on you! You lunatic, just wait to get out!"

"yes?"

Bruno Ixil shrugged slightly, with a look of indifference, and he didn't stop the other party's action, but just spread his hands and said indifferently, "Then you can do as you please. But next time I will trouble you, Stop judging my work, or I'll file a complaint with headquarters."

   "Jamie, it's me!"

For his threat, Jamie Thompson didn't take it seriously at all. After calling CEO Jamie Dimon, he quickly recounted the situation here, and then said worriedly, "If you don't take another If relevant measures are taken, these positions may end sooner or later, the current situation is very critical, and I suggest immediate action against the CIO department!"

   "I already know everything you said!"

What made Jamie Thompson feel chilling was that Jamie Dimon only said "Got it" before lightly perfunctory, and said in the same understatement tone as Bruno Ixil, "This just happened in Just a storm in a teacup, no big deal."

   "Also, Jamie, do your own job and stop meddling with the CIO department!"

  Finally, Jamie Dimon did not forget to ask, "They know what to do, and we also know what they are doing, so you don't have to worry about the CIO's affairs in the future."

   After putting down the phone, Jamie Thompson felt a chill in his heart.

   Thanks alex0007, Singularity University, ljg1001, Sudao Duanyou, loveniuniu and other book friends for voting monthly! Thanks for another reward for the fear of visiting the flower market! Seeing so many book friends actively voting, the author already feels very sorry, I am really sorry for everyone, the update is too weak... There is no way, let's continue to work hard~ I will update it earlier today, and I hope more book friends will continue. support~

  

  

  (end of this chapter)