Chapter 372: Fools who buck the trend
The positioning of rating agencies in the United States is very special, so to speak, in such a credit society, the rating of these institutions has played a decisive role.
But now.
They seem to have forgotten their duties, and they take umbrellas on rainy days and give them umbrellas on sunny days.
Hehe, if you can't satisfy the greed of this group of bastards. These bastards will not only collect umbrellas, but may also artificially rain it.
It's a pity, this time, they seem to have gone a little too far.
Everyone knows about the Great Depression in the history of the country, and some say that it was due to overproduction. It is also said that this is the reason for trade protection.
Actually, it makes sense. But the most important point is that no one has said anything.
Do you know what kind of meanness the securities law of the United States is?
The evidence is reversed, which is called the presentation of evidence by the defence. Let's put it this way, any trade that is bought before the good news is announced is suspected of insider trading. If it seems obvious, several of the apparently large transactions are considered insider trading, and the trader is notified to provide evidence that he or she did not have insider trading.
As you can imagine, it can be very difficult to discern one's innocence. Because it is often difficult to prove that they are not engaged in insider trading, traders who are accused of being corrected usually pay fines or go to jail.
You see, even if William White had a prescient mind, it was impossible for him to do anything short-term. If you don't have a basic investigation beforehand, you won't be able to explain the subsequent investment behavior.
If you can't explain it, you just lose money. Three times the profit as a fine, if you can't get it, you go to jail, although it is a five-star prison, but it's a jail for jail, there's nothing to say.
Seventy years on, Wall Street seems to have forgotten the pain of the Great Depression.
Hehe, the fundamental reason why there was no money in the capital market at that time was that there were too many scammers.
Falsification of performance?
This is too normal, anyway, this group of guys is easy to deceive, not to mention fictitious performance, fictitious companies are normal. At that time, just one natural rubber company was all over the world.
As for insider trading, there is no way to manage this thing, it is normal to have such a thing, if not, it is a strange thing.
It's a pity that duck feathers can be plucked, but you can't go too far. It would be great if it didn't make the ducks feel pain.
But what about you?
Kill the duck directly!
As a result, there are no retail investors in the capital market. As long as it comes to the securities market, everyone will be shocked, you can talk about it, there is no securities market for ordinary investors, what kind of market is it?
"Incomprehensible? Filson, there are too many involved, if you say Enron Online, in fact, you don't need to say it at all, those fools are messed up, they don't know how to play Internet finance at all.
In fact, I'm all confused right now. I can't even do it if I want to have a full-coverage payment system now, and they plan to do it all. ”
Filson couldn't help but be amused, the concept of Internet sales, Wright Investment is too far ahead. When he first got Enron's online information, he was still a little surprised, but after researching it, he really lost interest.
You're too, if that's okay, what is our World Mall. In order to shorten the delivery time between banks, he has made a big deal here. You can complete this kind of delivery with a freshly baked thing, it's like a joke.
"Boss, Enron Online is not worth mentioning, this is more like an ERP system within the enterprise. After investigating, we found that they seemed to have encountered some trouble in a recent project in Ah San. ”
"Ah San. Kolkata or Mumbai? Forget it, I don't want to know, this investment should be a power plant. ”
"Well, yes, a big project. Now there are claims that Enron used very unethical means in this process. ”
"Hahaha, hahaha, laugh at me, laugh at me, there will be such an accusation.
It seems that only the hatred between peers is the hatred of Hongguoguo.
If they don't come out with money, they won't be able to move an inch of land. ”
"Well, it seems like there's something wrong with it now, and we're seeing that they're trying to hide it.
In this way, the project is far away, a large-scale project of billions, which is the so-called internationalization. ”
William White looked playful, and he might just be mocking the company that had the courage to cooperate with Ah San, in addition to expressing his admiration.
"Filson, giving money requires cultural accumulation.
If it is more rudimentary, or invited to participate in an event, or sponsor a charity project, even if this situation is known, it will be illegal at most.
However, this set does not work in Ah San, and their requirements are more straightforward.
Well, take some money out, otherwise this matter is not negotiable. ”
Filson smiled bitterly, he now seemed to understand why the boss was not interested in this market at all. With the same large population and the same weak foundation, the big rabbit is much better. At the very least, if you get money, you have to do things, and there will be no problem with this.
However, Ah San's brain circuit is not like this, benefits are necessary, help is impossible, if you ask him to take money for Mao and not do anything, the answer you get is to shrug your shoulders. Speaking of which, the shrugging of the shoulders of this group of guys is still very distinctive. Anyway, the neck is not good, don't go to study, your neck will suffer.
"Boss, but just now, Da Mo gave a buy recommendation, with a target price of 130 US dollars.
Boss, can we consider shorting a wave. ”
William White closed his eyes, and to be honest, he didn't want to bother at all. If he wants to be short, he is willing to go short. There are too many forces involved in this matter, and the consequences are too serious. He wasn't even sure if he was really involved, and if he did, the country would have a second Great Depression.
It's too similar, a Enron and a world communication, which directly tore apart the hypocritical face of Wall Street. All along, you have been fooling ordinary investors, from rating agencies to accounting firms to investment banks, this is a complete trap.
Such a sensational scam can be stopped. In such a capital market, you still expect to have any investors, and if you don't make the issues of regulation and responsibility clear, there will be no continued investment at all.
The original world was terrible enough, and if he William White expanded this kind of damage, the final consequences would inevitably be catastrophic. How much money can you make from shorting, once this guy declares bankruptcy protection, this game can't be played at all, if Dow Jones collapses directly, won't he cry without tears.
"Filson, this matter is so big, almost all investment banks are involved, and the stars of Wall Street are so terrifying. ”