Capital International Airport, VIP lounge.
Xu Xin sometimes looked up at the wall clock, and sometimes looked at Lu Fei not far away. He was whispering and laughing with the newlyweds Liu Dongdong and Gong Xiaojing who were waiting for the flight.
"Go on your honeymoon in a down-to-earth manner. Don't worry about the company's affairs. Let Lao Xu, Wang Yong, and Huiwen worry about it. Just take this opportunity to have a good rest and accompany Xiaojing."
"Thank you, Mr. Lu."
Gong Xiaojing and Liu Haodong looked at each other with sweet smiles.
"Thank you. I have more important things for him to do when Gaodong comes back. Then I will call you 996 every day and you won't be able to go home. Just don't blame me for ruining your newlywed life, hahaha~"
Lu Fei laughed loudly while stirring the coffee.
"Mr. Lu, Xiaojing can't do it."
Liu Edong grinned: "Is it a big deal?"
Lu Fei's face changed from relaxed to serious, "Don't rush back to China after your vacation. I've already made arrangements for you to go to Silicon Valley. Someone will pick you up there and take you to visit Logic's cloud computing center."
"cloud computing!?"
Liu Edong opened his eyes wide: "Is it the kind of cloud service that Amazon announced not long ago?"
"Yes, Logic's three-body cloud is already in trial operation."
Lu Fei took a sip of milk coffee.
"What is cloud computing?"
Gong Xiaojing blinked curiously.
Liu Edong was extremely excited and explained briefly and quickly.
At present, the data and traffic of China Internet are exploding, and Feigou.com is unable to withstand it. It is extremely close to bursting every day. From morning to night, the server utilization rate is around 90%, and even soared to 99% during Double Eleven. It is only one percentage point away from bursting, and is on the verge of collapse at any time.
Obviously, the traditional ioe architecture can no longer meet the needs of Feigou.com for processing big data.
"Yes, if we don't do cloud computing, Feigou.com will definitely die!" There was a hint of urgency in Lu Fei's tone.
"But Mr. Lu, can we do it ourselves?"
Liu Edong frowned and fell into hard thinking.
After all, Feigou.com is not as good as Amazon. It has not been listed on the market. It can only rely on its existing financial resources to support self-built logistics and Kuaima Alliance, as well as support domestic and foreign markets. It is already a drop in the bucket.
The landlords don’t have enough food left to fight the cloud computing war again!
Unless it goes public and raises money immediately, where will the money come from?
What's more, Feigou.com has no foundation in research and development.
"I have thought about this a long time ago, so I asked you to go to Silicon Valley. The underlying network, storage, and security control of Feigou.com's cloud service resources, including chip design, are all left to Logic."
What Lu Fei meant was that Feigou.com directly rented Tribody Cloud.
"Mr. Lu, I understand what you mean."
Liu Edong suddenly realized that Feigou.com only needs to be responsible for the service and marketing of the upper layer of cloud computing, which is equivalent to the logic that it is the landlord and Feigou.com is the tenant. During peak seasons when traffic and storage are in short supply, especially during Double Eleven, they use their own warehouses to alleviate the problem. Server pressure.
When I was in Danji, I was the second landlord.
Rent all the excess computing power and storage capacity to others, and you can make a small fortune by collecting rent.
"Huh?"
Gong Xiaojing was puzzled, "Why doesn't Logic do this three-body cloud project on its own?"
Lu Fei and Liu Edong looked at each other and couldn't help laughing and said:
"Every tree that is as beautiful as a tree will be destroyed by the wind. Logic has set off rounds of technological innovations in recent years. However, because I have always insisted on not going public and giving no chance to Wall Street capital, I have long become a thorn in the flesh of the United States. It's just that Al Stone and Nokia are blocking the front, so we can't be too ostentatious and keep a low profile."
"I see."
Gong Xiaojing's eyes lit up: "The cloud service launched by Feigou.com is equivalent to putting sheep's clothing on the wolf of logic."
"Two pictures to be exact, and a penguin cloud."
Lu Fei held out two fingers. In his idea, Penguin and Feigou would get on the bus first and then pay for the tickets. With the help of logical technology, they would first establish their brand, then accumulate research and development, and finally slowly replace it with cloud services based on their own technology. Equivalent to——
I alone have three clouds.
Even including Huawei Cloud and Baidu Cloud, they account for half of Huaxia Cloud services. Emm, why is my neck so itchy...
………
"It's almost time, it's time to set off."
After looking at the clock, Xu Xin walked over directly.
"Then I'll leave first. I hope you have a good time."
Lu Fei waved and left, leading a group of people into his Gulfstream G450. The stewardess Qing immediately handed over his favorite——
Cola.
Xu Xin is a cup of fragrant cappuccino.
"The China Private Enterprise Fund has a quota of US$130 million left, which will be left to Zhang Lei."
Lu Fei pulled the tab open, and the Coca-Cola smoked with a pop.
"Already told."
Xu Xin reminded: "But what if after searching through the people on the list you gave me, the final 130 million has not been raised? You also know that it is easy for our rich people to come up with RMB, but it is difficult for those who want to come up with so many dollars." easy."
"I don't intend to only have domestic money."
Lu Fei crossed his legs.
"did you mean……"
Xu Xin's eyes flashed with light.
"Just us and John Paulson are so weak and we don't form cliques. How can we fight against the old gangsters on Wall Street?"
Lu Fei said: "I would also like to advise Buffett and Bill Gates to spend some money from the family foundation, just a little bit, and then package it into a joint fund project."
"I'm afraid Buffett and Bill Gates are not enough. It would be best to introduce some old money. In terms of resources, especially political resources, they can give us the green light. In many places in the United States, it is always difficult to make progress with a single Chinese-funded background."
Xu Xin rolled his eyes.
Lu Fei shrugged: "If we invite some retired foreign executives from the Federal Reserve and the Treasury Department, what do you think of Robert Rubin?"
"Pfft, you really dare to think that he is a former finance minister, and now he is working well as the chairman of the executive committee of Citigroup. He will probably become the chairman of the board. Why would he come to this small temple of ours?"
Xu Xin reminded: "You can't hire a senior one, but it's possible to hire a deputy one. But you have to think carefully. If you take this step, the Three Body Fund will gradually change from a purely personal family office to a multi-family joint venture." In a big office, the ingredients are complicated.”
"How else can we travel unimpeded in Europe and the United States?"
Lu Fei looked directly into her eyes.
Because of its various operations in soybean futures, gold delivery, Internet venture capital, and China's stock market, as well as its ultra-high rate of return, the Three Body Fund has gained a reputation and reputation on Wall Street. Coupled with the exquisite layout of the previous CDO, it has long attracted some attention. Favored by family offices and special foundations.
For example, the thl fund managed by Thomas Lee is one of the earliest private equity funds, and the financial backer behind it is Meilianzong.
But before, he didn't want to be on the death list that morning.
But at this moment, at that moment, if he is not on the list, he may be on the death list of the FBI and CIA, and he will not be able to break into the inside.
The subprime mortgage is equivalent to a generous gift from Yang Zirong.
The Trisolaris Fund can be a "beacon" that leads them to wealth as they wish, but in turn they have to act as a shield.
"That's right."
Xu Xin nodded, "As long as you can convince Buffett and Bill Gates to invest money, no matter how much the big families suspect that we are shorting subprime mortgages, they will still invest. After all, their money will be repaid in full, and we will share it." yes……"
"Snapped."
Lu Fei snapped his fingers and made a silent gesture: "After meeting Paulson, I want to meet with Buffett and Bill Gates immediately. Where do you think the location should be?"
“How about the Waldorf Astoria?”
Xu Xin took out a small notebook and said while writing: "Wall Street has a tradition of holding extravagant parties on Christmas. How about we also have one in the name of a fund?"
"What about the cost?"
"It's about 100,000 to 200,000 US dollars. There is a special event planning company in Manhattan, and you can leave it to Bullock."
"The budget is tentatively set at 150,000."
Lu Fei touched his chin, "As for the list, the Robinsons of the Walton family...Citigroup, Belair, Goldman Sachs..."
"Wait a minute, Goldman Sachs?"
Xu Xin paused, "Have you forgotten how we cheated Goldman Sachs last time? That was a huge hemorrhage."
Lu Fei waved his hand: "There are no eternal enemies, only eternal interests. We don't need to be involved in the invitation. Let John Thornton be the intermediary. He is the former CEO of Goldman Sachs and now directs the MBA's 'Global Leadership' program at Shuimu University. I We met several times during class and saved each other’s contact information.”
"It's good, this finance minister is from Goldman Sachs after all."
Xu Xin wrote it down in a small notebook, "Is there any more?"
"That's all for now, ha~"
Lu Fei yawned, asked the stewardess to make his bed, then took his clothes and went to the bathroom to wash up, and then had a good sleep.
The next day, the plane arrived at the airport.
The group was divided into two groups. One group took their luggage to the hotel, and the other group rushed to the Paulson Hedge Fund without even taking into account the jet lag.
"any drinks?"
John Paulson shook hands with Lu Fei warmly.
"Coffee, the most refreshing kind, thank you."
Lu Fei pointed at his bloodshot eyes: "John, you called me here in such a hurry. What happened? Can't you explain it clearly on the phone?"
】
"Don't worry, just take a look at this first."
John Paulson handed over the coffee, then excitedly closed the curtains and turned on the projector. A beam of light instantly shone on the curtain. Through the shaky lens, two white men were seen walking together in a sparsely populated community. The scene was desolate and desolate.
"Dongdongdong~"
White man A knocked on the door of a house, and a Mexican man walked out, rubbing his eyes: "What's the matter with you?"
"Hello, I'm investigating a homeowner who is 90 days behind on payments, and I'm looking for Harvey Harms." White Man B asked.
"What are you doing with the landlord's dog?" the Mexican man said.
White man A was stunned: "Did your landlord fill in the name of his dog on the mortgage application?"
"I think so," the Mexican man said. "Wait, didn't that bastard pay the mortgage? Because I've been paying rent."
"Well, he delayed it for 90 days."
"..."
"I chose floating rate futures."
"How do I pay? Of course it's cash and p2p, and sometimes credit cards. I need flexible means."
In the noisy box, the stripping girls gathered around the steel pipe, full of passion and enchanting, but the hired investigator sat like a Buddha with no thoughts and kept asking about subprime mortgages.
"What did you tell New Century Company about what you do?"
"I wrote, Psychotherapist."
"puff!"
Lu Fei almost spit out his coffee in one gulp, "Ahem, are these the defaulting customers of New Century Company that you investigated?"
"Yes, new century!"
John Paulson opened the curtains, and a beam of light hit his excited red face: "The customers of the second largest subprime mortgage company in the United States have cut off their loans. Not a small group, but a large number!"
"Wow."
Lu Fei raised his eyebrows.
"You know what that means? Great news!"
John Paulson shouted: "What a very, very good news! The American people have become poor, and there is no oil and water to squeeze out! Damn it, if the people can't repay their loans, the real estate market will collapse. The accompanying subprime mortgages are also finished!"
"This is indeed good news."
Lu Fei couldn't help but feel refreshed, it was more effective than coffee.
Unlike commercial banks like Citigroup, New Century does not have the ability to absorb deposits. The money for mortgage loans to customers is obtained from Wall Street financing.
Once the subprime mortgage cannot be sold and the loan is discontinued, and there is no income and debt repayment, it is destined to suffer huge losses. Once the fourth quarter financial report and annual report are released, Wall Street will definitely withdraw the money.
One of them can't get the money, and the other is asking for money.
Bankruptcy is only a matter of time. Once bankrupt, the first foundation of subprime mortgages will be loosened, and the subprime loan index abx will definitely fall.
By then, Wall Street will definitely be looking to buy CDs!
"Lu, we are going to get rich soon!"
John Paulson waited for a year, and finally the clouds cleared and the moon came out. He said excitedly: "New Century Company is the first domino!"
"No, it's still early. I also have news here."
Lu Fei said seriously that Morgan Stanley deliberately sold these toxic subprime mortgage assets as safe and sound, and managed to sell them not only to China Construction Bank, but also to banks in Europe, East Asia and other countries, and sold the subprime mortgages from the United States. to the whole world.
"Oh my God!"
John Paulson took a breath. The subprime mortgage crisis affected the region and extent far beyond his imagination.
"So the collapse could be in the second half of the year or next year."
Lu Fei stared directly into his eyes, "Why don't we take a longer view and go into a short-selling portfolio of stocks of multinational banks and investment banks?"
"Gulu, Lu, you are simply crazier than me!"
John Paulson couldn't help but move, and his childish eyes shrank slightly:
"Give me three days, give me three days. My employees and I will look for 6 companies including Goldman Sachs, Merrill Lynch, Bear Stearns, Lehman, Citigroup, and Morgan Stanley. No, it's not enough. At least 15 companies will be included in this investment portfolio." Here, each stock uses 1% of the fund’s assets to do short selling, Christ, He is waving money to me!”
"Too much, too much. Don't spread your power out. The key is that we in China have another saying, don't make too many enemies. Do you understand what I mean?"
Lu Fei patted his shoulder.
"Yes, you are right, you are right, and the fund does not have much money. There is only 455 million U.S. dollars left, which is still the premium and cover money. Your 1.7 billion U.S. dollars and my client's 800 million U.S. dollars are all invested in Two subprime mortgage short selling projects.”
John Paulson showed an embarrassed smile: "Lu, do you still have money? Or are you investing 100 million points, 200 million? 300 million?"
"Of course I have the money, I'm ready."
"Do you still have money? You don't want to pledge your high-quality Penguin, Apple, Monster, and Amazon stocks, right?"
"In fact, I have already done that, but not this time." Lu Fei smiled, "I plan to hold a Christmas party, and you must attend."
John Paulson nodded, "I'll skip all the Christmas parties on Wall Street and I won't miss your feast."
"Anyone else invited you?"
"Ah, yes, Lehman, Goldman Sachs, AIG (American International Group), Bank of America, Merrill Lynch, and the largest financier of my fund, Bear Stearns, we purchase 30% of CDS from them. "
"Hey, John, you're a Wall Street celebrity now!"
"If they can get hundreds of millions of insurance premiums from you for nothing, you will also be their guest! Haha, they invited me just to have fun with me as a clown at the party. You guess they secretly called me What?"
John Paulson said with a livid face: "'Genius Paulson', 'Honthy Good Guy'... Oh, and there is another one, 'Husky among the wolves of Wall Street', so cute and stupid."
"Not just you, but me, a pair of huskies."
Lu Fei hooked his shoulder: "When this is done, I will give you a subprime mortgage biopic based on you. Do you think it is better to call it "The Wolf of Wall Street" or "The Big Short"?"
