The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 400: The master of data fraud appears
Wang Lei stayed in Sakura Country for a month specifically to wait for everyone on the island to make false accounts.
He ordered Li Qilin to conduct a spot check.
When he came back, Li Qilin's expression was extremely strange, as if he had seen something extraordinary.
"Boss, sometimes I have to admire these young people. They are so far ahead in data fraud, which makes me dumbfounded."
Wang Lei also nodded in response:
"You need to study hard. It's probably unnecessary for you to get checked."
"Neither the finance department nor I found any problems. Without knowing it, the old Americans came and decided to leave them here."
"It's very good. Regardless of whether this thing succeeds or not, Xiaoli can survive for a year and a half, which is enough for us to prepare for the upcoming opportunities in advance."
Li Qilin cheered up after hearing this. He had been waiting for this day for a long time.
After Bailong Bank became qualified as a savings bank, Li Qilin has been using various marketing activities to attract savings.
In order to increase savings, it can be said that all means are used.
The purpose is to prepare enough funds to take advantage of the opportunity to acquire other consortiums when the Xiaori Consortium is undergoing a major reshuffle.
When the local consortium of Sakura Island collapsed, it was the time when Bai Longyin showed his sword.
One day later, the presidents of several major financial groups on Sakura Island gathered again.
"Mr. Wang, now that we have completed the integration, could you please..."
"It is not difficult for me to invite investment banks on Wall Street, but in this case, how can I help you as a trustee?"
Besides, Wang Lei doesn't want to get involved with these masters of fraud. If word gets out, it will be very unpleasant for him, the big chaebol, and Xiaoli to deceive people.
If future generations don't know the truth, coupled with the villain who deliberately takes quotes out of context, it will inevitably leave an unbearable stain on him.
This matter meant that he couldn't be too active.
Chairman Mitsubishi couldn't help but get into trouble.
At this moment, Li Qilin suggested: "Isn't there a World Expo in December?"
"Chairman Li means that we take this opportunity to invite the heads of Wall Street investment banks and cover all their food, clothing, housing and transportation expenses?"
Wang Lei couldn't help but twitch his lips when he heard the words "guaranteed food, clothing, housing and transportation". Fortunately, people still believe in this idea these days.
Big shots are even more interested in these international activities.
The presidents of all the consortia thought this was a good idea. If Wang Lei hadn't stopped them, they would have considered whether to use a luxury private jet to pick up the guests.
Seeing the cunning plutocrats slowly fleshing out their plans with each other's words, Wang Lei couldn't help but sweat for the Wall Street investment banks.
It is estimated that Robert is here, and if anyone is not careful, he will be trapped.
Thinking of this, Wang Lei talked to Robert.
After hearing that Xiaori was planning to form a group to commit fraud, Robert couldn't help but gasped:
"If they succeed, this will become one of the biggest scams of this century, and Ponzi schemes will have to settle for second best in the future."
"Our plans will also be moved forward. How is the person I asked you to find?"
"Your judgment is good. Michael Bray is indeed a very talented fund manager. He accepted our invitation and established the Bray Foundation with the help of Cayman Capital.
Cutting Edge Fund founder Mark Bowen, Deutsche Bank's Jared Vanette, Brownfield Fund's Charlie Geller and Jamie Shipley are among our invitees. "
Note: The above four characters are from the movie "The Big Short".
"Very good, now that the short sellers are in place, you can start to guide these five short sellers with unique vision, let them discover the crisis subtly, and become their investors."
The reason for being so cautious is entirely because Cayman Capital is no longer what it used to be.
If Cayman Capital purchases credit default swaps, it will certainly arouse the vigilance of insurance companies, and the deposit (cost of short selling) will also increase exponentially.
(The abbreviation of Credit Default Swap is CDS, a credit derivative product, which is equivalent to betting against the insurance institution. If the subprime mortgage defaults, the insurance institution will lose money)
Therefore, the first stage of short selling still needs to be completed by these juniors. They will be treated as money-giving boys by insurance institutions just like in the original history, and they will be very happy to sign a bet.
In the second stage, when the crisis begins to emerge, Cayman Capital will begin to formally short sell in all directions.
Even Huanyu Real Estate is one of their primary targets for short selling.
The third stage is to control the decisions of the Federal Reserve and U.S. officials to make the crisis develop in an uncontrollable direction.
After this set of punches, the beautiful country wanted to get out of the crisis within a few decades.
But the most important thing at the moment is to finish the show with the masters of data fraud and let Wall Street capital swallow this glass of poisonous water!
Thinking of this, Wang Lei couldn't help but look forward to the next World Expo.
This is a gorgeous stage for leverage maniacs, masters of data fraud, and big shorts.
He ordered Li Qilin to conduct a spot check.
When he came back, Li Qilin's expression was extremely strange, as if he had seen something extraordinary.
"Boss, sometimes I have to admire these young people. They are so far ahead in data fraud, which makes me dumbfounded."
Wang Lei also nodded in response:
"You need to study hard. It's probably unnecessary for you to get checked."
"Neither the finance department nor I found any problems. Without knowing it, the old Americans came and decided to leave them here."
"It's very good. Regardless of whether this thing succeeds or not, Xiaoli can survive for a year and a half, which is enough for us to prepare for the upcoming opportunities in advance."
Li Qilin cheered up after hearing this. He had been waiting for this day for a long time.
After Bailong Bank became qualified as a savings bank, Li Qilin has been using various marketing activities to attract savings.
In order to increase savings, it can be said that all means are used.
The purpose is to prepare enough funds to take advantage of the opportunity to acquire other consortiums when the Xiaori Consortium is undergoing a major reshuffle.
When the local consortium of Sakura Island collapsed, it was the time when Bai Longyin showed his sword.
One day later, the presidents of several major financial groups on Sakura Island gathered again.
"Mr. Wang, now that we have completed the integration, could you please..."
"It is not difficult for me to invite investment banks on Wall Street, but in this case, how can I help you as a trustee?"
Besides, Wang Lei doesn't want to get involved with these masters of fraud. If word gets out, it will be very unpleasant for him, the big chaebol, and Xiaoli to deceive people.
If future generations don't know the truth, coupled with the villain who deliberately takes quotes out of context, it will inevitably leave an unbearable stain on him.
This matter meant that he couldn't be too active.
Chairman Mitsubishi couldn't help but get into trouble.
At this moment, Li Qilin suggested: "Isn't there a World Expo in December?"
"Chairman Li means that we take this opportunity to invite the heads of Wall Street investment banks and cover all their food, clothing, housing and transportation expenses?"
Wang Lei couldn't help but twitch his lips when he heard the words "guaranteed food, clothing, housing and transportation". Fortunately, people still believe in this idea these days.
Big shots are even more interested in these international activities.
The presidents of all the consortia thought this was a good idea. If Wang Lei hadn't stopped them, they would have considered whether to use a luxury private jet to pick up the guests.
Seeing the cunning plutocrats slowly fleshing out their plans with each other's words, Wang Lei couldn't help but sweat for the Wall Street investment banks.
It is estimated that Robert is here, and if anyone is not careful, he will be trapped.
Thinking of this, Wang Lei talked to Robert.
After hearing that Xiaori was planning to form a group to commit fraud, Robert couldn't help but gasped:
"If they succeed, this will become one of the biggest scams of this century, and Ponzi schemes will have to settle for second best in the future."
"Our plans will also be moved forward. How is the person I asked you to find?"
"Your judgment is good. Michael Bray is indeed a very talented fund manager. He accepted our invitation and established the Bray Foundation with the help of Cayman Capital.
Cutting Edge Fund founder Mark Bowen, Deutsche Bank's Jared Vanette, Brownfield Fund's Charlie Geller and Jamie Shipley are among our invitees. "
Note: The above four characters are from the movie "The Big Short".
"Very good, now that the short sellers are in place, you can start to guide these five short sellers with unique vision, let them discover the crisis subtly, and become their investors."
The reason for being so cautious is entirely because Cayman Capital is no longer what it used to be.
If Cayman Capital purchases credit default swaps, it will certainly arouse the vigilance of insurance companies, and the deposit (cost of short selling) will also increase exponentially.
(The abbreviation of Credit Default Swap is CDS, a credit derivative product, which is equivalent to betting against the insurance institution. If the subprime mortgage defaults, the insurance institution will lose money)
Therefore, the first stage of short selling still needs to be completed by these juniors. They will be treated as money-giving boys by insurance institutions just like in the original history, and they will be very happy to sign a bet.
In the second stage, when the crisis begins to emerge, Cayman Capital will begin to formally short sell in all directions.
Even Huanyu Real Estate is one of their primary targets for short selling.
The third stage is to control the decisions of the Federal Reserve and U.S. officials to make the crisis develop in an uncontrollable direction.
After this set of punches, the beautiful country wanted to get out of the crisis within a few decades.
But the most important thing at the moment is to finish the show with the masters of data fraud and let Wall Street capital swallow this glass of poisonous water!
Thinking of this, Wang Lei couldn't help but look forward to the next World Expo.
This is a gorgeous stage for leverage maniacs, masters of data fraud, and big shorts.
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