HLnovel Chapter 202
Chapter 202
The next day.
Tianchen Capital received 200 billion yuan from pension and social security.
100 billion per unit!
This is definitely a lot of money in ’08!
Lin Chen’s arrival of these two funds was also deeply touched.
Uncle Zhang really trusts himself.
Unexpectedly handed over 200 billion funds to himself to manage.
The most important thing is that although he said 10% of the management fee, he still followed the previous model.
This means that Lin Chen has already made 20 billion after taking over the 200 billion funds.
And in the time that followed, there was no responsibility for the loss, and he was even able to share 10%.
This was definitely something that Lin Chen would do with extreme trust.
You must know that in China, you can not do it, there is no responsibility for you.
But if you do it, and you do it wrong, you’re in a big deal.
Uncle Zhang is undoubtedly really working for the welfare of the country of China.
Without his approval, these 200 billion funds, I am afraid that they will not be able to reach Lin Chen11.
Big bet, this is a real big bet!
Lin Chen secretly said in his heart: “Uncle Zhang, Uncle Zhang, fortunately, you came to me at this point in time, and I still have a way to find a good place for these 200 billion funds.” ”
“If it’s a few more months, I’m afraid it’s really hard to operate.”
Without him, the money is too large.
Today, only Eagle Sauce can accommodate it on a global scale.
And this Eagle Sauce’s subprime mortgage crisis has broken out very large, I don’t see that Eagle Sauce has begun to cut interest rates for the second time.
But this time, it is time to add stability.
But fortunately, it arrived today!!
Lin Chen took this fund and entered the trading room.
Lin Chen spoke: “Today there is a fund of 200 billion, exchange it for a beautiful knife for me, and then continue to short Lehman Brothers!” ”
This wave, Lin Chen also had to sigh at Uncle Zhang’s good luck.
Just a few days before Bear Stearns went bankrupt.
[In early March, Bear Stearns, one of the five major investment banks of Eagle Sauce, announced bankruptcy and the capital chain was broken! ] 】
This hint given by the system made Lin Chen also mentally shocked.
This tip is so timely!
You know, why Bear Stearns, as one of the five major investment banks of Eagle Sauce, went bankrupt is because two of its CDO hedge funds collapsed.
The root cause of the collapse was the subprime mortgage crisis.
The business mix of these two funds is exactly the same as that of Lehman Brothers.
That is, even Bear Stearns could not hold on, but what about Lehman Brothers?
At this time, there were still more than ten days before Bear Stearns went bankrupt.
Lin Chen directly spoke: “Use the fastest speed to short Lehman Brothers for this batch of funds, time is urgent, this batch of funds can be known to the group of Wall Street people on a small scale.” ”
What does this mean?
That is to go the way on Wall Street, faster exchange for funds, and faster shorting.
But the price is that these elites will know that Lin Chen has shorted Lehman Brothers with 200 billion yuan.
200 billion ah, there will be nearly 30 billion US dollars in American knives.
It’s a big bet!!
But Lin Chen doesn’t care, he still has more than 50 billion US dollars underwater to short Lehman Brothers.
This is the biggest fat meat, he has to do his best to eat it all!!
Soon.
Eagle sauce received such a deal.
And it was Goldman Sachs Group’s Brown Lane who received the deal. (Read violent novels, just go to Feilu Fiction Network!) ）
You know, in the world, Goldman Sachs Group ranks first in the cash stock and option futures branch business.
Brown Wren looked at this huge exchange of funds, and even directly asked to short the Lehman Brothers business, and he was also frozen.
Look at the requester, it turned out to be Tianchen Capital!
Nima!?
Is it awesome to be the richest man in the world?
Unexpectedly came to Eagle Sauce to short Lehman Brothers, one of the five major investment banks!
This is also a bit crazy to see the eagle sauce subprime mortgage crisis, so you want to come over and get a piece of the pie?
A sneer flashed at the corner of Brown Rayne’s mouth: “Do you really think that Eagle Sauce’s money is so easy to earn?” Also short Lehman Brothers, I’m afraid you don’t know the title of Lehman Brothers!! ”
“It is known as one of the five tigers of Wall Street, also known as the king of Wall Street’s bonds, and is also respected as the cat of nineteen lives!”
“Such a company, Tianchen Capital is so iron-headed that it spends $28 billion to go short, it’s crazy!!”
Brown Wren also saw the world’s richest man from the mysterious East for the first time and saw his arrogant style.
Goldman Sachs is worthy of being a world-famous Wall Street tycoon, and what would have taken many days to complete has been done in less than a week in their hands.
You know, with Lin Chen’s previous batch of funds to short Lehman Brothers, Paulson is also shorting Lehman Brothers.
Stocks such as bonds and stocks on the market are already difficult to collect.
But that’s not a problem for Goldman Sachs.
As long as the price is in place, they even dare to help you blow up the White House.
Looking at the news from the other side of the coast, Lin Chen smiled and said to himself: “The efficiency of this Goldman Sachs is good, just in time for this feast!” ”
A few days later.
Lin Chen saw the news on the Eagle Sauce forum.
Eagle Sauce investment bank Bear Stearns sought financing from JPMorgan Chase and Eagle Sauce Central Bank.
But……
Now in this market, you are like this, who can still finance you?
That Morgan 123 is even too lazy to deal with each other, or rather, they are waiting for Bear Stearns to fall!!
Finally!
The day has still come!!
Number 17.
Bear Stearns announced the rupture of the capital chain and officially declared bankruptcy.
Also on the same day, JPMorgan Chase agreed to buy Bear Stearns for $240 million.
It’s only 2.4 US dollars, which is not as expensive as Lin Chen buying a building.
But this is Bear Stearns after bankruptcy.
At the same time, the news of Bear Stearns’ bankruptcy also made Lin Chen burst a profit.
The day after the news came out, Lehman Brothers, who had the same business as Bales, plummeted because of this bearish news.
And this is not the deadliest, the fatal is, the entire market began to question the Lehman Brothers capital chain.
To know whether an enterprise can survive, it depends on whether its capital chain is safe.
Once the capital chain is broken, even a trillion-dollar enterprise will collapse in an instant.
And this wave of Lehman Brothers’ stock price plummeted, so that Lin Chen, the pension social security fund that had just entered, made tens of billions!
It can only be said that Lin Chen has made numb!!
Brown Wren, who is in charge of Tianchen Capital’s shorting of Lehman Brothers, looked at the profits of Tianchen Capital and couldn’t help but fall into deep thought.
Could it be that Lehman Brothers really can’t bear it? .