Long ago it was Indian land,
Four hundred years ago it was a wall for the Dutch,
Two hundred years ago, it was the financial seed under the plane tree,
A hundred years ago, it created the rise of America,
Later, it became a financial net that spread out to the world,
The web is strong and fragile, light and dark,
This web can both speed up and suffocate the economy,
It is - Wall Street.
Extending from Broadway Road to the East River in the southern part of Manhattan, New York City, there is a street that is only one-third of a mile long and 11 meters wide. Its name is Wall Street.
It can be a sleepless golden lighthouse, a stage for carnival, or it can be a desolate, dilapidated, corpse-strewn... super large cemetery.
2008, September.
Gray from Bear Stearns didn't want to go to work today, but after barely coming over, he found that the office coffee machine was broken, so he smashed it.
Oddly, no one in the entire office thought this was a problem.
Merrill Lynch's Bogdan throws a cloud of statements out the window...
It hit Lehman Bank employee Edward on the head.
At that time, Gray was holding a cardboard box, and while preparing to go home, he was thinking about whether he should continue to pay the mortgage on the villa in Florida. Maybe he should first think about what to pay for losing his job.
Morgan Stanley's executive meeting lasted from 3 a.m. to the next afternoon, and no one was allowed to leave.
…
On Wall Street, which is full of mourners, the catastrophe finally revealed its true colors.
This was what Zhou Yuandai had been looking forward to...
However, things eventually slowly exceeded everyone's control and imagination. Including the U.S. government...unless it's over.
Zhou Yuandai had placed bets on both sides of this huge gamble earlier, because of the relationship between odds and leverage, there was no possibility of losing... What's more, she won, betting correctly on the financial crisis sweeping the United States.
In a gamble, the player wins a lot but loses everything, is it possible
Possibly, there is only one answer—the banker is bankrupt and no one pays.
After the CDO in her hand turned into a pile of waste paper, Zhou Yuandai suddenly discovered that her real bet, CDS, had the same fate. It's like you bought insurance, paid a large premium, and when the compensation was collected... the insurance company went bankrupt.
This is not exactly the same as in previous lives. In the previous life, the opportunity to use the CDS existed until the last moment, and there were still people who managed to get chestnuts out of the fire, but in this life, almost "no one survived".
In my previous life, more than 160 banks failed before and after the financial crisis in the United States.
Of the five major investment banks on Wall Street, only Goldman Sachs and Morgan Stanley survived, and both of them survived when the Federal Reserve took direct action and transformed traditional commercial banks.
during this process.
Bear Stearns was acquired by JPMorgan Chase when it went bankrupt;
Merrill Lynch, with over one trillion assets under management, sold itself to Bank of America for approximately $44 billion;
Lehman Brothers, the fourth largest investment bank in the United States, went bankrupt directly.
Is it bad enough
The problem is, this life is even more tragic.
In this life, JPMorgan Chase refused to buy Bear Stearns because of higher debt, and Bear Stearns went bankrupt directly. Merrill Lynch was so heavily indebted that it completely lost its acquisition value and went bankrupt directly.
Lehman Brothers, which was about to die, remained as it was, and died without moving a bit.
And Morgan Stanley, which survived originally, seems to be dead this time.
Who brought the situation to this point
Who threw the oil barrel into the explosion site
The answer is Zhou Yuandai herself. As she said to Xu Tingsheng before, after more than ten years of rebirth, her asset scale far exceeds imagination... Precisely because of this, her thorough intervention, betting on everything, magnified the crisis.
She was not only the last straw that crushed the camel, but also the huge boulder that smashed the camel and even its corpse to pieces.
…
A 22-story building with a little light on the glass exterior.
On the large-screen TV hanging on the other wall, the blonde hostess is relaying the final decision of the U.S. government: the Federal Reserve will do its best to rescue Goldman Sachs, and wish Morgan Stanley good luck. financial order.
Zhou Yuandai looked away from the wall-mounted TV and turned to Xu Tingsheng who was sitting opposite her.
"I don't even have a CDS from Goldman Sachs and Morgan Stanley, do I?" she asked.
"Yes." Xu Tingsheng replied.
"So..." Zhou Yuandai knew that everything was planned by Xu Tingsheng.
"The two roads are both dead ends. The one I took to induce you is a dead end. The back road I left to myself, waiting for you to discover, is also a dead end... No matter which one, as long as you step in completely, There will be no return." Xu Tingsheng looked at her and said.
His current situation looks the same as it has been for more than a year, just sitting there alone... However, he has actually reversed everything.
"So, Zhang Xingke's betrayal, your suicide in despair... That play, is the last link to induce me to bet everything?"
"It can be said that before that, no matter how I behave or say, you will not believe everything, and it is even more impossible to bet on it... Human nature is like this. Compared with others, you are always more willing to believe in your own discoveries... And The more tortuous and difficult the process of discovery, the more I almost missed it, the more convinced I was in the end."
"What's more, what I gave you that time was the truth... The most murderous lie in the world is the truth."
After Xu Tingsheng finished speaking, he leaned back in his chair, looked out of the glass wall, and stopped talking.
Zhou Yuandai also turned her head.
A figure suddenly jumped down from the roof opposite.
Neither Xu Tingsheng nor Zhou Yuandai present knew who this person was, nor did they care. In these few days and for a period of time after that, in every corner of the world, the same thing will happen countless times—in peaceful times, bankers kill the most, and this is a complete massacre.
In fact, those who jump from the building are only the fewest, because economic turmoil, hunger and disease will prey on more lives.
At the same time, Lu Zhixin, who was far away in Yanzhou, yelled at the phone countless times, and finally put it down helplessly... and cried silently. Just now, after making the last phone call, Lu Zhixin lost her father after losing her mother when she was less than ten years old.
Lu Pingyuan died. He just jumped off the roof of the building opposite Xu Tingsheng and Zhou Yuandai.
Of these two people, one is the cause of his madness, the other is the result - to a certain extent, it was Xu Tingsheng who indirectly killed Lu Pingyuan, because at the beginning, he had the opportunity to persuade him not to enter the arena. But when Lu Zhixin asked him, because of the relationship between Lu Pingyuan and Zhou Yuandai, Xu Tingsheng chose to keep his mouth shut because he was afraid that the plan would be exposed.
Lu Zhixin will understand one day, maybe she can't blame Xu Tingsheng, but she is also destined to be unable to love again.
Her road is like a road to becoming a king. She lost her love and saw her bones, and then she was alone, going forward without hesitation.