Wall Street is actually a very interesting place.
In the words of this group of financial hyenas themselves: This is a capital game composed of all kinds of lies and money.
The cyclical economic crisis is a reincarnation process. After the old lies are exposed, new lies are immediately born.
With the advent of the era of globalization, periodic global economic crises will occur every once in a while, which has become a well-known consensus on Wall Street.
In short, Yingjiang and Oumeng shared their economic crisis with all Blue Star players, so it became a global economic crisis.
People who are used to working and living on Wall Street have no sense of the economic crisis because they are used to it.
Rice is an ordinary analyst with an ordinary family, but an extraordinary mind. He graduated from Princeton University with honors in mathematics two years ago, but is burdened with a student loan of more than 100,000 dollars.
Well, student loans in the United States. . .
After being introduced by an old classmate, I came to work at Kuhn Lebo Company on Wall Street.
This company may not be as famous as the five major investment banks, Goldman Sachs, Merrill Lynch, Morgan, Bear Stearns, and Lehman Brothers, and its main talking family, the Schiff family, is even more low-key.
But Jacob Schiff, the first generation patriarch of the Schiff family, founded Apple City National City Bank, Equitable Life Assurance Association, Wells Fargo & Co., and the Union Pacific Railroad.
Without saying anything else, you only need to know that Apple City National City Bank is the major shareholder of the Federal Reserve Bank of America to understand the status of the Schiff family in the United States.
Rice himself has a bit of social phobia. He usually wears a pair of black-rimmed glasses and looks like a veritable nerd. He seems to be very incompatible with the atmosphere of Wall Street. However, he can work here for two years and gain a stable foothold. Down, it shows that his professional ability is still very strong.
But it was already four o'clock in the night, and he was still in the company, looking a little manic.
“Fuck!
Is it really a financial crisis? !
Did I calculate correctly? "
There were several pieces of draft paper filled with various formulas piled on the desk, and there was also an A4 paper that Rice used to record various data. He was holding it in his hand. At this time, his glasses were full of bloodshot eyes, and he was constantly comparing them. I checked the information on the computer screen and the data in my hand over and over again to see if I had made a mistake when copying the data.
In the evening, he felt that there was something wrong with a data model in the company's information, so he started to check the calculations, but the more he calculated, the more he felt something was wrong, because he was using Kuhn Lebo's internal data for calculations, and he discovered the subprime mortgage market. Something fishy.
If his calculation is correct, it means that more than half of the institutions on Wall Street are holding a bunch of time bombs that will detonate without knowing when!
So he told his old classmate and colleague Harley about his discovery, but Harley told him not to think too much with a bland face, and even congratulated Les on his possible rise to prominence this time.
Les was confused about his old classmate's reply, but he slowly calmed down.
After all, he just discovered a bunch of subprime mortgage bombs, but he was not sure when these bombs would explode.
At this time, he thought of some things he had heard and heard here, and immediately grasped the essence of the problem.
The timing of these bomb explosions is determined by outside belief in the market.
Of course, market confidence is only one factor, and there are many other factors that will also affect the time when the bomb explodes. But there is no doubt that as long as most people have confidence in the market, these bombs may never explode. In this case They will have enough time to deal with these bombs.
But thinking about the series of black swan events in the past six months, everyone's confidence in the United States has dropped again and again. From his perspective, the subprime mortgage market has reached its most dangerous moment and may explode at any time!
After Les shook his head, he thought again, since he discovered these bombs, what benefits could he get from them?
But he immediately shook his head. If he stayed here long enough and gained funds and connections, he might keep this discovery a secret and go it alone. But he has only been here for two years, so he might as well go to sleep, so he The news was told to Harley, and a plan came with it.
The other party is obviously more familiar with how to deal with this kind of thing than he, a nerd with low emotional intelligence, so he should continue to verify whether he is wrong.
In this way, Rice has stayed in the company until now and verified it no less than ten times, but the final result every time pointed to the subprime mortgage crisis option.
Even Les was sure that many others had discovered this clue, but it was not up to them to decide when the bomb would explode.
If Rice chose to short these contracts now, he would be saddled with contract debt for an unknown amount of time.
If you want to short the junk bonds packaged by real estate credit lending institutions, you need to sign a contract with the relevant institution.
During this unknown period of time, he needs to raise funds to fill the margin required for contract changes.
If there is no money to pay the margin, the short-selling contract will expire for who knows how long. If time goes by, not only will he not make any money, but he will also become a pauper.
"Hey Les, I have some good news for you..."
At this time, Harley came to Les's side, and he was accompanied by a middle-aged man. Les also recognized him as the company's manager, Damons.
His bloodshot eyeballs shone brightly, startling both of them, and even Harley's words that came to his lips were so frightened that they swallowed them back.
At this time, Les's face was very pale. He had been highly concentrated that night, and he looked like a vampire. But now that he heard the three words of good news, he felt refreshed and didn't care that the two of them were frightened. expression.
"Harley, what's the good news?"
After Harley swallowed, he immediately became excited again and said, "Mr. Schiff wants to see us!"
After hearing this, the light in Les's eyes became even brighter.
At this time, Damons suddenly said: "Hurry up and change your clothes, wash your face, and after finishing dressing up, we will go to the rooftop!
Oh, what the hell!
If you go to see Mr. Schiff like this, I'm worried that I may not be able to see my wife tomorrow!
There are still three hours left, let’s hurry up! "
. . .
Two hours later, the brand-new Rice and Harley walked onto the rooftop with Damons with confused expressions on their faces, shivering from the cold wind.
In the past two hours, he had seen a lot of money's ability. It was four o'clock in the morning, but Damons just measured his figure with a tape measure and made two calls.
Immediately afterwards, a bunch of makeup artists appeared from nowhere and came to the company to apply makeup on him. Apparently Damons felt that there might be something wrong with Rice's vampire appearance, so he activated his money power. Dress him up.
An hour later, several more packages were delivered to the company. It was a pair of expensive suits that Damons ordered for Rice and Harley. This suit cost at least 100,000 dollars.
So now that Rice and Harley have been packaged like this by Damons, they almost look like diamond kings.
Of course, the three of them came to the rooftop not to perform Infernal Affairs, and it was certainly not because they were excited to do a trapeze exercise, but they were waiting for someone.
Harley asked Damons curiously: "Boss, how much money can you make in a year?"
"you guess."
"three million?"
"five million?"
Damons shook his head and stretched out a finger after hearing the two people's guesses: "Including dividends and year-end bonus, it's almost 10 million."
The two swallowed, but they felt excited when they thought that they could be like this after this time.
"Hey, they're finally here."
After hearing a buzzing sound, Les looked towards the source of the sound. In the first ray of morning light, a helicopter slowly approached them against the light.
The strong wind caused by the propeller blew the ties of the three people up and down.