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Text Chapter 835: A sudden turn of events

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    On that day, Thunderbird Company turned its guns and began to attack several major banks in the United States. Tens of thousands of vest accounts opened in the United States and Europe began to quietly sell short orders of major banks.

    Because the accounts are scattered and have different divisions of labor, some are shorting Bear Stearns, some are shorting Citigroup, some are shorting gold and oil, and others are shorting giants like Goldman Sachs and Morgan.

    Because the market is in a state of chaos, more investors are waiting to see the central banks and governments of various countries to see when they will start to rescue the market. Therefore, the short orders issued by Thunderbird did not cause too much concern.  Many people paid attention to it, but no one could have imagined that in just a few days, these short orders would cause a financial storm.  .  .

    After Brian went outside to arrange the tasks of the oversetters, he returned to Jin Xiaoqiang's office.

    "Boss, isn't there any risk if we do this?"

    "Why is there a risk? If we don't do it, others will do it. After all, we are not the only ones in the market, there are other capital tycoons. Do you think Soros and Buffett are vegetarians? Their names are  Although there are no banks, will their funds really do nothing? And those big and small hot money, do you think they will really watch you go to hell with those banks? Stop dreaming,  Whoever has cash in his hand is the boss now. It would be great if the bank can protect itself at this time. Don¡¯t worry, they won¡¯t have time to trouble us.¡±

    Jin Xiaoqiang certainly knew what Brian was worried about. He was worried whether these banks would bite back.  You must know that such an act of challenging the bank would definitely be considered crazy by others.

    Because in normal times, the real kings in the financial market are these banks.  Because they have connections, strength, and funds.

    But now.  These banks have lost countless people's money, and their relationships are now eager to eat their flesh and blood because of these losses. His funds are all tied up in those subprime debt bonds, and they have no  Before they get out of the trap, what are they going to do with themselves?

    Aren¡¯t the only chips in your hand just for yourself?  If you don't win it back at this time.  That would really offend the conscience of heaven and earth.

    How much money has Citigroup made in our country over the years?  Just from the water pipe renovation projects in major cities in China over the past few years, they have made tens of billions.

    Not to mention the Bank of America. The cooperation with our Tianchao

    As for Goldman Sachs, Morgan and the like, it goes without saying.  They have been behind many international projects over the years. If we don't take advantage of their weakness now, we will try to cause trouble for them in the future when they regain their strength.  That's just a fool's errand.

    This time, just think of yourself as representing the people of the country and get some interest back from them.  .  .

    "But boss, as far as I know, these banks don't have too much capital. After all, too many of their assets are tied up in subordinated debt bonds. For example, Citigroup. According to my estimate, their liquidity is now estimated  It's less than 10 billion U.S. dollars, and even Bank of America is not rich, let alone Bear Stearns. Their funds are estimated to be only 6 to 7 billion U.S. dollars, just in case they really can't hold on.  . . ¡±

    After all, he is an American, and Brian is a little worried about the prospects of these banks. Although these banks are not good things, if they really fail, it will have an immeasurable impact on the U.S. economy. If each of these guys fails  Now that the game is over, who will play in the U.S. financial market in the future?  Wouldn¡¯t everyone have nothing to play by then?

    "Haha, you worry too much Brian, do you think the U.S. government and the Federal Reserve will really let these banks fail? Of course I can't deny that some banks with relatively weak capital will definitely fail by then, but do you think  Does the Fed really dare to let Citigroup and Bank of America fail? They don¡¯t!¡±

    Jin Xiaoqiang¡¯s words made Brian suddenly realize. He had been so pessimistic just now that he forgot about the US government, which had not come to the scene or expressed its stance.

    ¡°It is true that investment banks like Bear Stearns may fail, but Citigroup and Bank of America will never fail. You must know that these two are currently the top savings banks in the United States. Most of the savings of American people are placed in these two banks.

    If the American people knew that all their savings had been wiped out overnight, there would be no need for Washington, and all parts of the United States would be filled with people who want to overthrow the president.?Thugs.

    ???????????????????????????? .  .

    On August 3, Bear Stearns announced that the U.S. credit market was in its worst state in 20 years. On that day, European and American stock markets continued to plummet across the board.  .  .

    On August 5, Bear Stearns President Warren Specter announced his resignation.  .  .

    On August 6, the U.S. real estate investment trust company filed for bankruptcy protection.  .  .

    On August 9, France¡¯s largest bank, BNP Paribas, announced that it had suffered heavy losses due to its involvement in the U.S. subprime mortgage crisis. On that day, global stock indexes plummeted across the board again.  .  .

    The subprime debt crisis that started in the United States has finally begun to spread to the world.  .  .

    On August 10, in order to prevent the U.S. subprime debt crisis from spreading further in Europe, the European Central Bank began to intervene. On that day, the Federal Reserve could not sit still and began to announce its entry into the market to rescue the market. Other central banks around the world began to announce their entry into the market to intervene.  But can these central banks really intervene and stop the market tide?

    On August 11, central banks around the world injected US$326.2 billion into the stock markets of various countries within 48 hours. The Federal Reserve alone injected US$38 billion into major domestic banks three times in one day to rescue the market.  .  .

    After a series of crazy capital injections, the stock markets around the world have gradually stabilized, especially the severely affected European and American stock markets. At this time, they also have some momentum to stop falling and stabilize. After all, the Federal Reserve and central banks around the world have taken action.  , some optimists even believe that the crisis has reached its end and will be over soon.

    However, on August 14, large retail companies such as Wal-Mart and Home Depot announced that they were losing money across the board, and the losses were substantial. Immediately after the announcement, the stock markets in Europe, the United States, and even the world plummeted as if they had taken laxatives.  .  .  .

    On the same day, the world's three major central bank systems, the Federal Reserve, the European Central Bank and the Bank of Japan, injected another US$72 billion into major domestic banks to rescue the market, and announced across the board that they would postpone interest rate increases and continue to implement monetary easing policies.

    The market once again stabilized its decline with strong support from various governments. However, the next day on August 16, North America's largest commercial mortgage company announced huge losses, its stock price plummeted and was on the verge of bankruptcy, and the global stock market once again turned sharply.

    On August 20th and 21st, the Bank of Japan injected 1.8 trillion yen into major domestic banks and institutions twice in a row to rescue the market. The Australian government also injected 3.57 billion Australian dollars into the domestic financial system to rescue the market.

    On August 22 and 23, the European Central Bank directly injected 40 billion euros into banks and financial institutions in various countries to rescue the market. The Federal Reserve also took action again, injecting more than 10 billion US dollars into domestic banks.

    After that, from the 23rd to the 30th, the Bank of England also began to inject 314 million pounds into domestic banks and financial institutions one after another, and the United States once again injected more than 25 billion US dollars into the financial market.

    However, this series of continuous capital injections has not reversed the decline of the market. Banks and investment institutions in various countries really have too many holes to plug, and the demand for funds can only be described as huge.

    During this period, under the quiet leadership of Thunderbird, hot money from all over the world also launched attacks on the world's major well-known banks and investment banks.

    Before this, everyone had lost a lot of money on the subordinated bonds issued by these bullshit banks and investment banks, because many small investment institutions or private investors had purchased the subordinated bonds issued by these big investment banks and investment institutions.  Derivatives.

    Now that the big investment banks have liquidated their positions and no one has lost their money, what should we do?  You can't lose all this money in vain, right?

    Now the European Central Bank, the Federal Reserve, and central banks around the world are all desperately sending money to these big investment banks and investment institutions. Why?

    Isn¡¯t it just to let them get out of those subprime debts?

    With all this money, these guys are trying their best to put it into their own pockets, but how can they make some money to calm the anger of the market?

    Since you don¡¯t want your brand to fall down, then no matter how much I sell you short, you all have to take over, otherwise you will just wait for your brand to fall to the ground.

    Therefore, in order to prevent their brands from being smashed to the ground, and in order to prevent other investors from losing confidence, these large investment banks and investment institutions can only desperately accept orders.

    Although everyone knows that in this world, if you take an order at this time, you will definitely lose money, but if you don't take your own sign, then unless you don't want to mess around in this market, how much pain will you have?  , how many grievances are there, these banks and investment institutions can only endure it.

    At this time, everyone¡¯s only hope is that this trend will pass quickly, and the best result is that it will leave everyone with a little money in their pockets, because everyone knows that it is better to survive this trend, and the trend will passThis is the most difficult moment, because at that time everyone has to raise sufficient funds to clean up the mess.  .  .

    At this time, Thunderbird Company, under the leadership of Jin Xiaoqiang, had eaten up America and Europe, and it was full of oil.  .  .  (To be continued)

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