Wall Street Legend - Chapter 391

  Chapter 391 Success (1)

   Speculators are always more hated.

  For example, the old Soros of the Quantum Fund, he was even restricted from entering the country by some countries. Many people would hate this old man’s name and grit their teeth.

Now Ye Dongqing is also doing something wrong. This time, he bet nearly two billion U.S. dollars on the three major credit rating companies, and also used overseas shell companies to short almost three hundred million U.S. dollars. This is just the three credit rating companies. It’s just the company, and some investment banks, banks and other companies that are tied to the subprime mortgage business are also shorted by him. He has a lot of money, and he has almost exhausted all his strength in an attempt to maximize the benefits.

  So, he is obviously on the opposite side of these two credit rating companies, so he naturally doesn’t have to be too polite.

  There is nothing immoral. It is immoral to let these people bully ordinary talents. One of the original intentions of the establishment of the short-selling mechanism is to use it to survive the fittest, adjust the overheating of certain industries or individual companies, and make these listed companies more regulated.

  Thinking about it from another angle, Ye Dongqing’s current investment industry is developing smoothly. If he allows unnecessary economic crises to occur, it will not be a good thing for him personally, and he will definitely suffer some economic losses.

At this moment, he lit a cigar and smoked it. One cost tens of thousands of dollars, and he didn’t share it with the two of them. Since they can’t be friends, then of course there is no need to beat the dog with meat buns. He found a comfortable position and lay down on a chair to smoke a cigar, as if It’s the proud look of a winner.

   Standard & Poor’s executive Sharma was at a loss for words.

His original intention of coming here was to hope that Ye Dongqing would be merciful and not to push too hard. After looking at Moody’s CEO Damon, he continued: “We will seriously re-evaluate the risks and strengthen the management of the salesmen. Strictly review the past credit evaluation business, but now no one has lost, right? We hope you can take back what you said before, which has had a very negative impact on our companies, which will tarnish the image of the United States in the world.”

   “Even if you are discredited, you can’t blame me. If you were careful before, nothing would happen?”

Ye Dongqing was almost laughed out of anger. He could pick up any **** bowl and put it on his head. If it was a media giant, an arms giant or something, for the sake of his own reputation and life, he might stay away from it, but for these credit He was really not worried about rating companies, because the influence of these companies was limited, not to mention that the people sitting in front of him at the moment were only a group of senior professional managers.

   “…Maybe we did make some mistakes, and I’m sorry for that.”

   “I don’t need your apology, and I hope you will publish the apology statement on your company’s official website. I was in a meeting just now, and the meeting is not over yet. Please go back, gentlemen.”

  Ye Dongqing issued an order to expel the guests.

Damon, the CEO of Moody’s, is now more sure that it was a stupid decision to come here today. He was annoyed and panicked at the same time, and began to worry about whether he would be able to keep his job. walk out without saying a word…

  ********

   “What did those two come here just now?” Mr. McCord arrived soon, and his office was next door.

  Mostly because of the comfortable life, he used to be a little handsome, but now he has become bloated, with beards on his face, and looks four or five years older.

   “God knows, maybe they want me to make a statement and withdraw my previous remarks. Don’t you know that I am shorting their company? It’s hard to imagine that there are such naive executives.”

   I deeply agree with Ye Dongqing’s words.

Skipping this topic, McCord continued: “The Securities and Exchange Commission couldn’t contact you, and then called the company. They have received the news and hope you can issue some proof that the credit rating agencies violated the regulations. According to the information, an internal investigation may be launched next, but don’t expect it to go too far, the Washington side certainly does not want the reputation of the business community to be affected.”

“I know, I’ll have someone send the materials over there later, it’s best to help me find a few witnesses, the kind who were in charge of the rating project but were fired by the company, I believe those people will Willing to retaliate against the company that fired him.”

“Leave this to me. What’s next? It may be too late on Monday morning to continue to increase short positions. It is estimated that it will plummet as soon as the market opens. If the subprime mortgage business is tightened, the listed companies related to real estate may also be affected. Impact, do you think you can be short?” McCord asked him.

  After thinking for a while, Ye Dongqing said: “Let’s forget it, it may fall, but the risk is relatively high, and even if the profit is estimated to not be too much.

   Rather than doing this kind of business, it is better to think of a way to see if the investment banks and brokerages will initiate a group lawsuit against several rating companies. Even if there is only news, it will be enough to make them fall to the bottom on Monday. “

  Borrowing stocks to sell them with money, and then buying them back to fill in the gap, earning the price difference from the middle, is one of the mainstream operating methods in speculation.

Mr. McCord nodded and wrote down these things, and said with a smile: “A few days ago, some employees made mistakes and lost money, and some investors were not happy. Now the hedge fund can also make a fortune, so there is no trouble. ?”

   “There is no trouble at all. If you like to invest, you can invest. If you don’t vote, you will be defeated. Don’t think that you can tell me what to do if you put your money here.”

  Looking at the time, Ye Dongqing continued: “Keep busy here, take a rest today and tomorrow, I guess I will have a lot of work next week, I still have some things to deal with, let’s talk next time.”

   Just leave after speaking.

  After returning home, I took my daughter with me, took a helicopter to visit the cemetery where my relatives were buried, and took the child back to show them.

   I finished wiping the tombstone myself and stayed for more than an hour before leaving.

The child was still young, and would cry when she was hungry. Her mother moved into a new house after returning to Los Angeles. She didn’t say she wanted to see the child, and Ye Dongqing didn’t mention it. It was rumored that she had quickly caught up with a male model and went out for dinner. It was captured by reporters.

  Ye Dongqing doesn’t care, he and Bundchen have no relationship at all.

After returning home, he went to drink at the party held by Little Edward. He was still asleep when Laura arrived from London the next morning. Little Bie was better than a newlywed with no protective measures, which made Ye Dongqing a little puzzled , Guessing whether he also wanted a child, it wasn’t until he saw that he was taking medicine that he realized that he was thinking too much.

Laura’s side is going well. As for Marci, since her father disappeared, she has been in a bad mood, and the investigation has also encountered resistance. It will be difficult to deal with it for a while. Can’t stand the twists and turns.

  How should I put it, Ye Dongqing’s current life is pretty good, and when the market opens on Monday, it will become even better…

  (end of this chapter)