After leaving the headquarters of Girl B's company in downtown Greenwich, Simon and Girl A took a car back to the manor in the northern suburbs.
The black Bentley car was driving on the asphalt road in the suburbs that was full of life in the summer. In the car, Alison lowered her head to check today's work diary to confirm that nothing was missing. She turned to look at Simon who was closing his eyes to rest after a busy day and thought. After thinking for a while, he said: "Someone is pursuing B during this time."
Simon opened his eyes and asked with a smile: "Who is it?"
Seeing Simon's unconcerned look, Alison smiled a little and said in a gossipy tone: "A partner at Long-Term Capital Management, named Mark Shinar, is a very powerful person. As for the analyst, he has a Ph.D. in mathematics from MIT. John Meriwether led the team to leave Salomon Brothers last year, and B tried to recruit him to take charge of the development of Alia's bond analysis model, but failed. Long-term Capital Management established its headquarters in Greenwich, who had been approached a few times through partying in some circles, Mark Shinar pursued B last month."
Simon said: "The partners of LTCM should be quite old, right?"
Alison said: "31 years old."
ABCD started serving the Westeros family four years ago. At that time, he had just graduated from college. Now he is in his twenties and seventeens. The 31-year-old suitor is not that old, let alone a high-profile hedge fund partner.
Simon nodded slightly and asked, "What's B's attitude? Also, is that guy handsome?"
"B made it clear to Mark Shinar from the beginning that her career has just begun and she does not plan to fall in love in the short term. However, the other party did not give up. During this period, he would pass by the headquarters of Company B every morning to give her a gift. A bouquet of flowers." Alison said this, paused, and continued: "He is not as handsome as the boss, but he is taller than the boss. It is said that he was a basketball player in school."
Simon said: "That's right. B is not young now. You can definitely try to get along with each other. As long as you arrange your time reasonably, it will be no problem. I don't think the two of them are too free on weekdays. This kind of life rhythm will actually It will look like a good fit.”
Alison blinked when she heard what Simon said: "Boss, do you really not mind?"
Simon smiled and said: "Of course I mind, but it's more like the feeling that my daughter was kidnapped by a bad boy. Although I must be an evil villain in your heart, for you, as long as you can find a suitable partner, , I will bless you.”
Alison felt the man's sincere tone and couldn't help but curl her lips when he heard him say that he was an evil villain: "I will tell B what the boss said."
Simon said: "And you too. If you get married early, I can find a younger and more beautiful assistant."
The man had a disgusting tone, but Girl A's smile did not diminish at all. She even moved closer and leaned her head on Simon's shoulder: "Boss, do you really like that kind of, um, PLAY?"
Simon pretended to be confused: "What?"
"I slept next door to my boss on Monday night in Columbus," Alison said.
Simon said in a bad tone: "It seems that I have to demolish the villa in Columbus and re-build it. The sound insulation is too bad."
If a man wants to demolish a villa, Alison will definitely help carry it out without hesitation, no matter how much the house is worth, but at this time she was still led to explain in a crooked way: "Because the balcony, boss, you forgot to close the floor-to-ceiling windows. ”
The villa on the outskirts of Columbus is a two-story European-style building with a full masonry structure, and its sound insulation effect is far better than that of wooden buildings. However, the rooms upstairs basically have balconies with views. If the floor-to-ceiling windows leading to the balconies of the two adjacent bedrooms are not closed, and it is quiet at night, some sounds can easily be transmitted to the next door.
Hearing this, Simon reached out and grabbed the girl's delicate chin, pinched it, and said, "It seems that you didn't close the balcony either, so you need to punish her when you take the time."
Hearing the word 'punishment', Alison's breathing suddenly became a little rapid. She raised her hand to hold the man's big hand that she wanted to take back and hugged it in front of her. However, she stopped mentioning what just happened and said instead: "Boss, you Don’t you seem to like Long-Term Capital Management?”
Simon said: "How can you tell?"
Alison said: "At the beginning of the year, we had the opportunity to subscribe for LTCM's fund shares. My wife agreed, but you personally vetoed the project."
Speaking of Long-Term Capital Management, in the past, people who were slightly interested in the financial industry were well known.
Of course, it's not a very good reputation.
John Meriwether, the founder of Long-Term Capital Management, was the most popular banker at Salomon Brothers, a famous Wall Street investment bank, in the 1970s and 1980s. This talented trader single-handedly created the bond arbitrage model that is now popular throughout Wall Street.
At its peak, Meriwether's bond arbitrage team contributed more than half of Salomon Brothers' profits, and Salomon Brothers once became the most powerful investment bank on Wall Street.
However, after the scandal of Salomon Brothers illegally manipulating the Treasury market broke out in 1992, the investment bank began to fall apart. John Meriwether, who was in charge of the bond trading department, caused the scandal due to his lax management, leaving a large number of Salomon investors. Even Buffett was sucked into the mess, but he escaped unscathed with his famous bond arbitrage team and established Long-Term Capital Management in February this year.
Relying on its brilliant performance at Salomon and its unique bond arbitrage model, Long-term Capital Management has been highly sought after by Wall Street. Financial giants such as Goldman Sachs, Lehman and Bear Stearns have subscribed to the hedge fund's fund shares, including many in Washington. Politicians contacted John Meriwether through various connections, hoping to participate in Long-Term Capital Management's investment.
Even after offering a 25% profit commission that exceeded the industry average and a series of other harsh conditions, Long-Term Capital Management easily raised its first $1.25 billion hedge fund in a short period of time and quickly started its own business.
In Simon's memory, Long-Term Capital Management was really prosperous for several years after its establishment. Since 1992, the annual fund return rate has exceeded 40%.
Then, it all came to an abrupt end in 1998.
Long-term Capital Management has a group of the smartest minds in the world, including two Nobel Prize winners in economics. These people have created the world's most advanced bond arbitrage model, through the use of various types of bonds in different periods. Short sell or go long on the interest difference to make profits.
Using bond spreads for arbitrage is different from stocks or futures, such as treasury bills or corporate bonds, which have only a few percentage points of interest share, so the change ratio is ultimately very small. In order to expand profits, you must use dozens or even hundreds of times leverage.
Moreover, the arbitrage model of Long-Term Capital Management is largely based on the complete rationality of the capital market and does not take into account extreme market conditions such as the 87 stock market crash.
In 1998, the Russian domestic economy, which was affected by the 1997 financial crisis, collapsed again, resulting in the inability to repay billions of dollars of maturing national debt and had to declare a debt default. A super black swan event such as a sovereign country's debt default quickly spreads a domino effect, causing the international bond market to plummet as a whole.
Markets were already trending downward in the months before Russia announced a debt default.
At that time, Long-Term Capital Management believed that the bond market would recover in the second half of 1998 based on its tried-and-tested analytical model. Moreover, they did not believe that a large sovereign country like Russia would completely give up its international credibility and declare a debt default. Even if Russia is really insolvent, other countries will often come to the rescue in order to avoid sovereign debt defaults from affecting the international bond market.
As a result, none of this happened.
In other words, the worst outcome that no one thought would happen happened.
Russia defaulted on its debt and the international bond market plummeted. Long-term Capital Management, which had bet in the wrong direction, established a huge position of more than US$1 trillion with only more than US$4 billion in principal, most of which were long positions. Therefore, when the crisis Outbreak, Long-Term Capital Management lost money and was liquidated in just one week.
However, this is just the beginning.
Long-Term Capital Management lost all its money and was still unable to make up for the continued losses from the hedge fund's huge positions.
If left unchecked, there will be no choice but to breach the contract.
The catastrophic consequences of a trillion-dollar default on hedging positions would be even ten times or a hundred times greater than the Russian debt default. It would be enough to destroy the global financial system and even spread to the real economy, triggering another global Great Depression.
In order to avoid disaster, the Federal Reserve had to urgently mobilize all financial giants on Wall Street to help Long-Term Capital Management clean up the mess.
In the end, in addition to the US$4.6 billion lost by Long-Term Capital Management itself, a group of Wall Street financial giants raised another US$3.6 billion, investing a total of US$8.2 billion in huge funds. This was able to close out most of the dangerous positions and avoid a global financial crisis. A big market crash occurs.
Simon recalled the information in his mind and said to Alison beside him: "The LTCM team believed too much in their own model and ignored the uncertainty of the capital market that was far greater than they imagined. Take the United States as an example, the federal stock market averages every There will be at least one crash of varying sizes every decade. I remember that in 1987, Salomon also broke the news that Meriwether’s bond trading department lost hundreds of millions of dollars in a week, but they obviously did not learn their lesson. Not only that , because of their past success, they have also lost their respect for market risks, and it is bound to fail sooner or later."
Alison thought for a moment, nodded in approval, and remembered what happened to Girl B just now, and then said: "Boss, then you still let B date with the partner of LTCM?"
Simon smiled and said: "These are two different things. In any case, those guys are a group of geniuses. Moreover, didn't you say that Mark Shinar is only 31 years old? While he is still young and has experienced some setbacks, he will be more capable in the future." Steady, just like Lawrence Fink. Because of the loss at First Boston, no one in Cersei Capital now cares more about risk control than him. Otherwise, I would not trust him to take charge of hundreds of billions of dollars. asset."
Alison raised her head from Simon's shoulder, looked at the man, and said, "Boss, your tone really sounds like, well, an old man."
Simon pretended to be dissatisfied: "Old man?"
Alison rested her pillow on Simon's shoulder again, and brought her mouth to the man's ear: "Boss, actually, I can do it too."
"Um?"
Alison moved closer and boldly called out a title.
Simon: "￥#@@#￥"
After Alison finished shouting, her face turned red quickly. She found that her boss was more responsive than her, and she immediately became more courageous.
However, just as he was about to continue causing trouble, the luxury car drove into the gate of the manor.
While the car was driving towards the manor villa, she pushed over a certain goblin who was trying to cause trouble and suppressed it severely. The Bentley stopped in front of the villa. After getting out of the car, Girl A could only try her best to follow the man with her head lowered. After entering the villa, Disappeared quickly.
In the villa, the Indian girl Aaliya watched Girl A hurriedly run upstairs. Without asking any questions, she just greeted the man and said: "Boss, Ms. Feisi is here in the afternoon, and Ms. Spurte is also bringing three people. A lady just came over and they are chatting in the living room."
With that said, Aaliyah stepped forward to take Simon's coat, and followed the man to the living room on one side of the hall.
The living room seemed very lively.
In addition to Sofia Feisi and Grace Spurter, there are three other beautiful girls in fashionable clothes. These are the three new Victoria's Secret Angels that Simon selected from the list provided by Grace some time ago.
Seeing Simon enter the door, the women stopped talking and stood up together.
Simon was the first to step forward and hugged Sophia without hesitation, and asked, "Aren't you coming here on Friday?"
Sofia let go of Simon, affectionately helped the man fold down the collar of the shirt he had accidentally picked up when he just took off his coat, and said, "I came over when I wanted to. I haven't been busy lately."
As he spoke, he lightly glanced at the man.
If he doesn't come, the little man will be ridiculous again tonight and call four women over at once.
Although Grace introduced herself as just the manager of the three girls, Sofia could tell at a glance that this woman was obviously more looking forward to a certain guy coming home than the other three girls during the not-so-long wait just now.
Feeling Sophia's eyes that seemed to be filled with anger and resentment, Simon could only smile at the woman. When he saw Grace coming over, he originally planned to shake hands with her, but when he saw the other person approaching with slightly open arms, the woman was embarrassed, so he just let it take its course. Hug me: "Good afternoon, Grace."
It was just a simple hug, but Grace Spurter still felt as if her heart had been gently squeezed, and that slight suffocation feeling that seemed to be addictive spread rapidly. In fact, she also noticed that the man had no intention of hugging her just now, but he couldn't help but take the initiative to get close to her.
He responded with a slight blush on his cheeks, then remembered that he quickly introduced the three girls he had brought: "Simon, this is Qusi, Eva, and Daniela."
Kris Gauff, Eva Herzgova, Daniela Posteva.
These are the three new Victoria’s Secret Angels that Simon recently personally selected.
Even Tracy Gough only met Simon from a distance when she attended the premiere of "The Dark Knight Rises" last month. Simon did not attend the after-party after the premiere, so this time it was considered three girls Meet the legendary young super tycoon up close for the first time.
Although it was their first contact, during this period, the three women had a profound understanding of Simon Westeros' omnipresent and powerful influence. They went from being unknown to now receiving the attention of countless spotlights in the blink of an eye. Just because of this man's thoughts.
Therefore, when Grace suddenly arranged for them to go for a physical examination a few days ago, and then directly asked Simon Westeros to let the three of them come and accompany him tonight, the kind of thing that the three girls never got up. She resisted her thoughts somewhat and obediently obeyed Grace's various arrangements.
Surrendering to the strong is also human genetic nature.
Many people may express disdain for certain powerful people in private, but very few would dare to speak nonsense face to face. Especially when these powerful people hold the power that can make the person involved enter heaven and fall into hell in an instant, then all that is left is surrender.