Rebirth of the Financial Crisis Sweeping the World

After getting off the plane, Wang Guanxi said to everyone: "Bernard Madoff, the old man, defrauded US$65 billion, of which American International Group and Legg Mason were also victims. Check out American International Group (AIG). ) and Mosaic Group lost how much money they lost in this fraud!”

American International Group and Legg Mason are old friends. When Wang Guanxi shorted HSBC, he borrowed a lot of stocks from them.

Also, when I bought Amazon stock before, I also bought a lot with American International Group and Mosaic Group.

Both companies are large international financial institutions with assets of nearly US$1 trillion. However, due to the impact of the financial tsunami, their assets have now dropped sharply.

American International Group suffered heavy losses and owed the U.S. government US$85 billion as well as high loan interest. It was still selling off its assets in order to save itself.

Mosaic Group suffered massive redemptions of funds from customers.

Nowadays, Bernard Madoff, a giant Wall Street fraudster, has defrauded US$65 billion and is also in the news. Two financial institutions are also victims, although they are on the victim list.

However, the specific losses of the two financial institutions in this $65 billion fraud case have not been released.

I think there are a lot of them.

In particular, American International Group is still trying to save itself, and being defrauded this time has made things even worse. It will definitely sell off more assets, and Wang Guanxi hopes to buy some good assets at a cheap price.

In particular, American International Group is the majority shareholder of Huntington Bank.

Wang Guanxi had several talks with Brian Schreiber, the Asia-Pacific head of American International Group, about acquiring Huntington Bank shares held by AIG Group.

But all were rejected by Brian Schreiber.

Huntington Bank is used by Wang Guanxi to set up consortiums in the United States. It is best to acquire it during the financial crisis, because its stock price is now at an all-time low. If you miss it now, you will have to spend more money to acquire it in the future.

Thinking of this, Wang Guanxi continued: "Contact the person in charge of Asia Pacific of AIG Group and ask them if AIG Group is interested in selling assets in the financial field."

"Yes, BOSS"

6 o'clock in the evening, Conrad Hotel.

The top executives of the Blackshirt Group gathered together and held a banquet here to honor the BOSS of the Blackshirt Group.

Senior executives from Blackshirt Insurance Company, Blackshirt Investment Bank, Blackshirt Legal Company, Blackshirt Credit Company, Blackshirt International Trust Company, Blackshirt Leasing Company, Blackshirt Hotel Group, GBE Group, and presidents of their subsidiaries were present.

Everyone looked at the door expectantly.

"BOSS came back from Lu City today"

"This time BOSS returns to Hong Kong, our Black Shirt Group will definitely make big moves."

"Yes, yes, Blackshirt Insurance Company has not acquired an insurance company for a long time since it acquired New World Insurance Company owned by the Zheng family."

"The same goes for Blackshirt Investment Bank. After acquiring Daifuku Securities, it hasn't done anything for a long time. Recently, Blackshirt Investment Bank has been busy doing brokerage business, investment banking business, self-operated business and asset management business, and basically has no business. .”

"The black-shirted hedge funds have been mediocre recently, and my hands feel rusty."

"The Black Shirt Alliance has become very arrogant recently. It's time to deal with them."

"Yes, especially the seven guys in the Black Shirt Alliance who took the lead and attracted many of their peers.

Everyone is against us! "What the seven leaders of the Black Shirt Alliance naturally said was:

Jiao Xiongbing of Daoheng Securities.

Adolf Roguli of CLSA.

Li Songwei of Yiqun Securities.

You Zhenxuan of OP Securities.

Jiang Jiwei of Dali Securities.

Yue Runlin of Gaoxin Securities.

Fengnian Securities Ju Debiao.

These seven people have been going smoothly in Hong Kong recently. While making a lot of money in the financial market, they have also attracted a large number of peers to fight against the black-shirted securities companies, snatching each other's business, poaching each other's major customers, and attacking and discrediting each other's credibility. , Blackshirt Investment Bank is in a very passive state.

"I heard that the Black Shirt Alliance made a profit of 15 billion by buying the Hang Seng Index at the bottom recently. I don't know if it is true?"

"It's true, they did make a lot of money."

"Five of their companies jointly bought the Hang Seng Index at the bottom. I heard that they not only made 15 billion, but more than 20 billion!"

Recently, the Hang Seng Index has rushed from the lowest position to the highest position, and the Black Shirt Alliance has taken a heavy position to buy the Hang Seng Index at the bottom, and it has indeed made a lot of money!

"So what if it's 20 billion, BOSS is back from Lu City, it's time to deal with them!"

"Yes, yes, yes, the boss is back, you can fight them now"

"That's right, there is no need to exercise restraint. Business wars and financial wars can be fought at any time!"

"Yes, the Black Shirt Group has been silent for nearly 2 months, allowing these cats and dogs to come out and do all kinds of things."

Wang Guanxi was dressed in a black suit, with a stern face and a strong aura, walking step by step.

He glanced at everyone, and everyone stood up and shouted: "BOSS!"

Wang Guanxi said calmly: "Sit down."

Then everyone sat down.

After Wang Guanxi delivered a speech, everyone had a meal together.

At dinner, Li Guangyu said: "Boss, the Black Shirt Alliance recently bought the Hang Seng Index at the bottom, and I heard it made 20 billion."

Wang Guanxi was stunned: "20 billion? That's interesting!"

Unexpectedly, two months later, the Black Shirt Alliance actually bought the Hang Seng Index at the bottom and made 20 billion!

It seems that the opponents have not been idle during this period.

Lin Jiyang also said: "Boss, in the two months since you left, these seven people, Jiao Xiongbing, Adolf Roguli, Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, and Ju Debiao, have been working against us and poached many people from Blackshirt Investment Bank. client!"

Ryan Smith also said: "Investment banking business has also been robbed a lot."

After BOSS went to the mainland, the three of them stayed in Hong Kong to manage the Black Shirt Investment Bank with other directors. They were attacked by the other party in all directions and were very passive.

Wang Guanxi yawned and said: "This Black Shirt Alliance will fatten them up first, and then we will destroy them later."

Now that Jiao Xiongbing, Adolf Roguli and others have made 20 billion, let's continue to fatten up. There will be more opportunities for wars in the future.

Bai Weiqiang also said: "BOSS, our Black Shirt Insurance Company was interested in an insurance company before, but it was robbed by Yuan Kang from Sumitomo Insurance."

Wang Juehao also said: "Sumitomo Insurance has stakes in several companies and has severed business ties with our Black Shirt Insurance company."

BOSS went to the mainland for two months, and the two of them stayed in Hong Kong and managed the Black Shirt Insurance Company with other directors.

Wang Guanxi sneered: "This Yuan Kang is really haunted."

Yuan Kang married the ugly Sumitomo Mingya, became the son-in-law of the Sumitomo Consortium, and worked in Sumitomo Insurance. Now he is having trouble with the Black Shirt Insurance Company, this idiot.

"BOSS, Huang Fengling of Indonesia's Bank of Central Asia and her ex-husband Lin Yongfu severed business ties with us after acquiring Oceanwide Hotel, a partner of Ligang Hotel."

Pan Zheng from Oceanwide Hotel and Huang Kaiyin from Ligang Hotel reported recent events to Wang Guanxi.

"Zheng Yufei from Public Bank Malaysia and his friend Hong Tianwen acquired a hotel group that our BGI Hotels is interested in."

Xu Yonghao of BGI Hotel also talked about the recent conflict with Public Bank Malaysia.

"Boss, Guo Huibing of Shangri-La Hotel has also severed cooperation with our Monopoly Hotel."

Luo Yingkang and Luo Yingqiang of the Regal Hotel also briefly talked about the conflict with the Shangri-La Hotel.

Wang Guanxi is not in Hong Kong recently, and the entire Black Shirt Group is in a passive state of being beaten.

Wang Guanxi said to everyone: "The financial crisis is still very serious now. Please don't take the initiative recently and let these opponents fool around for the time being!"

During this trip to the mainland for two months, I did not expect that the development of the Black Shirt Group would be so severely suppressed by its opponents.

However, it is still a period of financial crisis, and Wang Guanxi has little money now, and he still has so much debt, and the daily interest rates are terrifyingly high, so let's let his opponents dance around for the time being.

This is a business war, not a financial war. It takes a long time. After finishing the financial matters, we can go back and do them slowly.

After dinner, Wang Guanxi and the horses came to the Black Shirt Center.

On the tenth floor, in the trading room, Wang Guanxi first opened the stock charts of Tengxun Group and Amazon.

The stock price of Fuji Xun Group is HK$52 per share, and the black shirt hedge fund previously spent HK$15 billion to invest in Fuji Xun Group's shares.

I bought 300 million shares and opened the position at HK$50 per share. The profit on the book was only HK$600 million.

Originally, the stock price of Teng Xun Group fell to 35 Hong Kong dollars per share, and Blackshirt Hedge Fund had a lot of floating losses on its books. At that time, the highest floating loss was as high as 4.5 billion Hong Kong dollars. However, the stock price of Teng Xun Group has risen sharply in recent days. It rushed to 52 Hong Kong dollars per share.

The stock price of Amazon is at US$49 per share. Fund No. 1 spent US$4 billion to buy 80 million shares. The position was established at US$50 per share, with a floating loss of US$80 million on the book.

Amazon's stock price originally fell to US$34 in the US stock market, and the highest floating loss on the No. 1 fund's books was US$1.28 billion. Fortunately, stocks in the Internet industry have risen for several days recently, and the loss was reduced to US$80 million.

During this period, Blackshirt Group invested in Tengxun Group, and Amazon suffered huge floating losses on its books, which was ridiculed by its peers.

Wang Juehao said sadly: "Fortunately these days, thanks to Tengxun Group, Amazon's stock price has surged."

Bai Weiqiang also said: "Yes, stocks in the global Internet industry have been falling before. The stock prices of Tengxun Group and Amazon have really fallen miserably. We have a lot of floating losses on our books, and the trend has finally turned."

Li Guangyu also said: "Due to the huge floating losses on our books in the past two months, we have been ridiculed by the Black Shirt Alliance and Indian financial giants."

Lin Jiyang said luckily: "Yes, fortunately the stock price has surged again, otherwise we would see them mocking us every day."

Wang Guanxi said with a smile: "This Tengxun Group and Amazon's stocks can be lent to them for short selling, let's see if they dare!"

The stock prices of Fuji Xun Group and Amazon will skyrocket in the future, and all short sellers will be blown away.

It would be fun if these opponents tried to shortchange Fujitsu Group and Amazon.

"Yes, BOSS"

Then Wang Guanxi opened the stock charts of Citibank, Wells Fargo, Bank of America Corporation, and HSBC.

Fund No. 2 shorted 5 million shares of Citibank stock,

Fund No. 3 shorted 100 million shares of Wells Fargo.

Fund No. 4 shorted 40 million shares of Bank of America Corporation.

Blackshirt Insurance Company shorted 260 million HSBC shares.

In the past two months, the stock prices of Citibank, Wells Fargo, Bank of America Corporation, and HSBC have all gone up and down, down and up. Overall, they have fallen a lot.

Huang Shaokai asked: "BOSS, now the floating profits on the books of Fund No. 2, Fund 3, Fund 4, and Black Shirt Insurance Company have increased a lot. This is just because their stock prices have risen and fallen sharply, and they have started to fall sharply again recently. , should we close the stocks of Citibank, Wells Fargo, and Bank of America first, and then wait for them to skyrocket, and then short them?"

HSBC's stock price is a bit better. It has always been in a weak state. Although it occasionally rises sharply, it is still in a declining state overall.

The stock prices of Citibank, Wells Fargo, and Bank of America Corporation have skyrocketed.

After Wang Guanxi looked at Citibank's stock price carefully, he said: "Keep a close eye on it first. If their stock price falls too hard this time, we can close our positions first. If they rise sharply, we can go short again!"

Wang Guanxi found that the stocks of Citibank, Wells Fargo, and Bank of America Corporation can still be operated, but the time has not yet come.

"Yes, BOSS" Huang Shaokai and others were very excited.

Then Wang Guanxi opened the stock charts of Huntington Bank, Silicon Valley Bank, and Bank of Hawaii.

The stock prices of Silicon Valley Bank and Bank of Hawaii have fallen high and are currently rising.

Huntington Bank's stock price continues to fall.

The current stock price is US$1 per share, the total share capital is 1 billion shares, and the market value is US$1 billion. The market value is very low.

This Huntington Bank is a pawn in Wang Guanxi's future layout of the American consortium. He plans to slowly absorb Huntington Bank's shares in the market.

But now there is no extra cash flow, but loans are available.

Thinking of this, Wang Guanxi said: "Prepare loans and quietly absorb Huntington Bank shares in the future."

"Yes, BOSS"

At this time, Luo Baowen came in and said: "BOSS, Brian Schreiber, the head of Asia of AIG, intends to sell the equity of Huntington Bank. Currently, Sumitomo Insurance Company, Public Bank of Malaysia, and Bank Central Asia of Indonesia intend to jointly acquire it! "

Wang Guanxi was stunned.

"Sumitomo Insurance Company, Public Bank Malaysia, and Bank Central Asia Indonesia plan to jointly acquire Huntington Bank??"

"immediately?"

How did Sumitomo Insurance Company, Bank Public Bank Malaysia, and Bank Central Asia Indonesia become interested in Huntington Bank?

This makes Wang Guanxi baffled.

Luo Baowen: "Yes, BOSS, they learned this afternoon that we planned to buy the equity of Huntington Bank from AIG, so they fought with us."

Wang Guanxi was a little confused, why did these three institutions come to grab the equity of Huntington Bank?

However, Huntington Bank is a pawn of Wang Guanxi’s consortium in the United States, and cannot be controlled by Sumitomo Insurance Company, Public Bank of Malaysia, and Bank Central Asia Indonesia.

That would disrupt Wang Guanxi's future plans in the United States.

In short, Huntington Bank is a bank in the eastern United States and is very important.

Wang Guanxi immediately called Brian Schreiber, the head of Asia at AIG.

The call was quickly connected.

Brian Schreiber asked very unexpectedly on the phone: "Mr. Wang, you called me suddenly. What's the matter?"

He is currently discussing matters with three executives from financial institutions and is busy.

Wang Guanxi asked straight to the point: "Mr. Brian Schreiber, your AIG Group plans to sell shares of Huntington Bank?"

Brian Schreiber: "Yes, we at AIG were defrauded of $2 billion by Bernard Madoff..."

The case of Bernard Madoff defrauding US$65 billion shocked the world. In order not to affect the stock price, AIG Group did not announce that it was defrauded of US$2 billion.

But AIG Group's stock price still fell a lot.

"Mr. Wang, I am currently negotiating prices with three financial institutions: Sumitomo Insurance Company, Public Bank Malaysia, and Bank Central Asia Indonesia."

Wang Guanxi asked: "What price will the three of them give you?"

Brian Schreiber said, "They buy it at market price."

At present, Huntington Bank's stock price has fallen to a historical level, and may fall further in the future.

Yuan Kang of Sumitomo Insurance Company, Huang Fengling of Public Bank Malaysia, and Zheng Yufei of Bank Central Asia in Indonesia purchased the shares of Huntington Bank held by American International Group at a price of US$1 per share. Not only was he satisfied, but the board of directors of American International Group was also satisfied. satisfy.

At this time Wang Guanxi said: "I will give you a 10% premium!"

"We will acquire your shares for $1.10 per share."

The share price of Huntington Bank has fallen very low, with a market value of only US$1 billion. In the future, its market value will increase many times. If you buy it, you will make money. Wang Guanxi is still willing to raise the price.

Although he has no money now, he can get a loan. As for who to borrow from, Wang Guanxi has not decided yet.

Wing Hang Bank had loaned so much money, but there was no more money to lend.

If you don't have money, just close the short position of Fund No. 2 against Citibank.

Brian Schreiber was stunned for a moment, and then said: "Mr. Wang, I have to talk to the three of them. After all, they may continue to quote."

Wang Guanxi said calmly: "Okay, I'll wait for their quotation and see how much they can quote!"

"Okay, Mr. Wang, I will talk to Mr. Yuan, Ms. Huang and Mr. Zheng now."

Then the call ended.

After a while, Brian Schreiber called again.

"Mr. Wang, Mr. Yuan, Ms. Huang, and Mr. Zheng want to talk to you."

"OK!"

Then Yuan Kang on the phone said: "Mr. Wang, we will have an interview in person tomorrow."

Today is Friday, and he feels that the share price of Huntington Bank will fall tonight, and the price that the three of them can offer is US$1.2 per share. If it exceeds this price, he will have to consider it carefully and report it to his father-in-law, Sumitomo. Farglory.

Wang Guanxi: "Okay!"

Then Wang Guanxi made a call to Li Mingbin of the Bank of East Asia. After the call was connected, Wang Guanxi said: "Brother Li, I plan to acquire an American bank. How about you lend me US$600 million? The equity of Tengxun Group can be mortgaged. For you guys"

Li Mingbin: "Okay, I'll make arrangements tomorrow!"

"By the way, what's the name of the bank?"

"Huntington Bank!"

When the U.S. stock market opened in the evening, Huntington Bank's stock price plummeted again, from US$1 per share to US$0.8 per share, leaving a market value of US$800 million.

Yuan Kang and others were immediately stunned.

Will Huntington Bank go bankrupt?

It shouldn't be possible. It's just that a large number of investors are selling their stocks. The stock prices of Citibank, Bank of America, and Wells Fargo are all falling tonight.

So the next day, December 27th, was Saturday.

Everyone came to the headquarters of AIG Group's Hong Kong branch and started negotiations.

Although Huntington Bank's stock price fell to $0.8 per share, Wang Guanxi knew that it would rise again soon.

Therefore, Wang Guanxi did not change the quotation. It was directly the quotation last night, which was US$1.1 per share!

"Mr. Brian Schreiber, I will buy all the Huntington Bank shares of your AIG group at the price of $1.1 per share!"

Yuan Kang, Huang Fengling and Zheng Yufei directly quoted US$1.2 per share.

"We're $1.20 a share!"

They acquired Huntington Bank just for investment. This bank in the middle of the United States originally had great investment potential, and its market value was also low. Now it was a good opportunity to buy at the bottom.

In particular, the bosses of the Black Shirt Group were eyeing Huntington Bank. As Yuan Kang, who had dealt with Wang Guanxi many times, he naturally saw the extraordinary nature of Huntington Bank.

If this bank had no investment prospects, it would be impossible for Wang Guanxi to spend a lot of money to hunt for the bottom.

Wang Guanxi smiled and said: "You can continue to raise $1.3 per share and let me see your strength. Don't come out to fight for strength without money!"

Yuan Kang, Huang Fengling, and Zheng Yufei's expressions changed, feeling that they were being looked down upon.

"Wang Guanxi, don't you have money too?"

"Your Blackshirt Group has no cash flow at all."

"Your price increase is just $0.1, what's so awesome about it?"

The three of them glared at Wang Guanxi, and Wang Guanxi said calmly: "I can borrow 600 million US dollars at any time, no problem at all. But you, can you take it out? Are you willing to part with it?"

"I'll give you 20 minutes to think about it!"

So Yuan Kang, Huang Fengling, and Zheng Yufei discussed with each other.

As for Huang Fengling and Zheng Yufei, they can accept the price of US$1.3 to US$1.4, but Yuan Kang has to report it to his father-in-law, Sumitomo Faroo.

Then Yuan Kang called his father-in-law Sumitomo Faroo. After getting approval, Yuan Kang quoted: "1.4 US dollars per share."

Wang Guanxi said calmly: "1.5 US dollars per share!"

"If you don't accept it, please increase it to $1.6 per share!"

Yuan Kang, Huang Fengling, and Zheng Yufei looked gloomy, and in the end they did not choose to continue to increase the price.

Bank of East Asia loaned US$750 million to Wang Guanxi’s Fund No. 5 and acquired 500 million shares of Huntington Bank from AIG Group.

Yuan Kang sneered: "Wang Guanxi, you paid nearly double the premium to acquire Huntington Bank. You will regret it when the time comes. The stock price will definitely be below $1 for a long time."

Huang Fengling: "You don't have any money anymore, so you still need to borrow money for the exam, haha."

Zheng Yufei: "It's just a purchase with borrowed money. I'll wait until your capital chain breaks."

Wang Guanxi chuckled: "I will borrow 750 million US dollars casually, only if you three have the ability!"

The three of them were far from capable. This comparison made me feel deeply humiliated!

"We'll see!"