The financial turmoil in mid-October caused a mess in the U.S. junk bond market.

A large number of short-selling capital made a lot of money, and many more people lost their money. Therefore, whether it is for the sake of introducing a scapegoat to attract media opinion, or if there are other ideas, it seems that there is no need for Cersei Capital's covert involvement in this crisis to be kept secret.

Saturday, October 21.

The New York-based Daily News suddenly published a press release headlined "Westeros is coming, so is the stock market crash."

In a playful tone, the article recalls the Japanese stock market crash triggered by Simon's last trip to Melbourne to visit his girlfriend, and then points out that Simon Westeros and Janet Johnston happened to be in New York for a week before the 'mini-crash' on October 13.

If that's all, of course it's nothing.

However, as a gossip newspaper with a similar positioning to the New York Post, the Daily News exposed a lot of Cersei Capital's insider information in the press release, including the approximate net asset value situation. Finally, the topic was led to the fact that Cersei Capital and the Australian consortium participated in the collapse of the US junk bond market, and then made huge profits by shorting.

Cersei Capital made $1.6 billion in a week, and there is nothing wrong with this article in the Daily News.

However, the intent of this article is clearly not so simple.

It's just that the public opinion guidance of 'Cersei Capital and the Australian consortium to destroy the U.S. junk bond market' can be called sinister, which is completely trying to label Simon as a 'beautiful traitor' who lures the wolf into the house. Simon doesn't feel much of a home in his country, but he understands how this kind of public opinion can hit his personal image and business empire if it takes shape.

Therefore, Westeros' public relations team immediately countered the article in the Daily News, pointing out that the size of the short funds in the US junk bond market this time exceeded $30 billion, and it was impossible for a single capital force to dominate it. Moreover, the root cause of this collapse was the unrestrained over-issuance of bonds by companies such as United Airlines, and the Mainichi Shimbun's attempt to blame Cersei Capital for the collapse of the junk bond market is a complete smear of slander.

Westeros not only published a retort in The New York Times, but also demanded that the Daily News retract its article and apologize on the front page of the newspaper. Otherwise, Westeros will file a lawsuit against the Daily News.

As a supplement to this riposte, Daenerys Entertainment immediately announced the withdrawal of the movie advertisement that was originally planned to be placed on the "Daily News".

James Raybould also personally called Mortimer Zuckerman, the owner behind the Daily Mail, to implicitly warn him that if necessary, not only the Daily News, Daenerys Entertainment could push at least half of Hollywood's major studios to withdraw advertising against the Daily News, and all other newspapers and magazines of Zuckerman Publishing Company would be unpopular with Hollywood.

The rising marketing costs of Hollywood movies mean that any major film company is an important advertiser for mainstream media platforms in the United States, and Mortimer Zuckerman naturally cannot afford to lose most of the Hollywood market. As a result, the "Daily News" announced the next day that it was retracting the previous day's article and made an apology statement on the front page.

The Daily News' swift compromise in the space of a day was dramatic, and Westeros' swift and powerful blow made many people realize that a powerful capital force was taking shape in the country.

The reason why nouveau riche are called nouveau riche is that these people often lack the power and background comparable to their personal wealth, even if you have ten times the wealth of other old families, you will still be despised and ignored by others.

If Simon Westeros were just a nouveau riche suddenly worth billions of dollars, the 'freedom' American media would simply not heed Westeros' demands. The Mainichi Shimbun's compromise clearly means that the upstart who has risen to prominence in just three years has built up a potential power and influence comparable to his vast personal wealth.

As a result, although Westeros's pressure on the Daily News has a very obvious desire to cover up, out of fear of Simon Westeros, after the Daily News announced that it would retract the article and apologize, the rest of the mainstream media in the United States were very careful not to continue to discuss a sensitive topic.

No matter how vigorous the flame is, it cannot spread into a fire.

The major newspapers ignored it, the mainstream TV stations did not discuss it, and the Mainichi Shimbun's argument was only a flash in the pan before quickly disappearing into other news waves.

At the end of the day, that's the power of capital.

However, although no media dared to point Simon to the trend of 'American traitor', the fact that Cersei Capital was involved in shorting the North American junk bond market was confirmed.

It's obviously not taboo to simply discuss how much money Simon Westeros makes, or to get a little inside the story of Cersei Capital. Some newspapers scratched around the topic and published similar articles, but seeing that they no longer aroused Westeros' displeasure, other media outlets were emboldened.

Of course, the inside story of Cersei Capital's operation is not something that anyone can find out, and most newspapers only get semi-public information leaked through some less secret channels like the Daily News.

However, there is no shortage of caring people in this world.

The creation of Sub-Funds 6-10 by Cersei Capital is no secret to some people, but most of those in the know have overlooked some of the deeper information.

For example, where does the capital of Fund 6 to 10 come from?

With a 100% increase in the net value of Cersei Capital Funds 1 to 5 in less than a year, some people naturally think that Simon Westeros wants to raise a large amount of additional money with complete ease, and it is naturally not easy to pay attention to the specific source of this money.

It's just that there will be exceptions to everything.

Manhattan.

For some well-known reason, Noah Scott, who helped Simon Westeros run S&P 500 futures during the '87 crash, has been at the helm of a Lehman Brothers-owned derivatives hedging arbitrage team that specializes in overseas financial markets since late last year.

Now, in less than a year, the team has grown to $2.6 billion in $1.5 billion in capital.

The team's 70 percent profitability has made Noah Scott one of the most high-profile senior managers within Lehman Brothers, but he has been in a state of vague unease in recent months.

Because of the need to focus on the Japanese market, Noah Scott did not intervene in the operation of the US junk bond market, which Lehman Brothers also involved in. The 'mini-crash' of the U.S. stock market on October 13 and the subsequent aggregation of information from all sides made Noah Scott gradually begin to confirm his own speculation.

American Express headquarters at Rockefeller Center.

Although it was Sunday, James Robinson, the CEO of American Express, the parent company of Lehman Brothers, and Nelson Scott, the father of Noah Scott, who is also a senior executive of American Express, gathered in a conference room at the headquarters to listen to Noah Scott's confidential briefing in person.

"I have carefully studied the operation of Cersei Capital for the Japanese market, according to the information we have obtained from all aspects, the operation of Cersei Capital is obviously divided into three stages, the first stage is probably from the end of last year to March this year, to be precise, Simon Westeros before the accidental coma due to overwork, Cersei Capital's operation is mainly conservative and prudent, which belongs to betting on long-term trend investment, which should be operated by Simon Westeros himself. From March to July, Cersei Capital's operation turned aggressive, and there were many ultra-short-term high-leverage and high-risk investment cases, as a former classmate, I can judge that Janet Johnston should be in charge of this period. ”

Noah Scott paused when he said this, and quickly continued: "After July, the operation of Cersei Capital is a bit incomprehensible. ”

James Robinson was originally looking through a copy of Cersei's capital operation information collected by Lehman Brothers using a lot of resources, connections, news channels, and even some disgraceful means, when he looked up and asked, "Noah, what do you want to express?"

Noah Scott sorted out his thoughts and said, "Jim, since Simon Westeros went to Melbourne at the end of June, Cersei Capital's operation methods have changed significantly again. This time, it is not the style of either Westeros or Johnston, it is neither conservative nor aggressive, but simply continues to be bullish on the Japanese stock market through a high percentage of positions. ”

Noah Scott's father, Nelson Scott, said at this time: "In addition to Noah, Westeros and Johnston, isn't there another person in charge of Cersei Capital, the boss of the Johnston family, Anthony Johnston, maybe he took over the operation?"

"Anthony Johnston is only in charge of the financial work of Cersei Capital, and is not involved in the specific operation. Moreover, Janet Johnston is obviously better, how can the investors of Cersei Capital put Anthony Johnston, who is not familiar with these businesses, at the helm?"

Another executive asked, "Maybe Janet Johnston's focus has shifted to North America?"

"No way, even if Janet Johnston's energy turns to North America, she will definitely keep an eye on the Japanese side, and it is impossible for Cersei Capital to completely change the way it operates for the Japanese market," Noah Scott said, no longer selling Guanzi, "So, I've always wondered what happened within Cersei Capital that we haven't been able to hear about, and I've been confused by this for the last few months, and it wasn't until the recent collapse of the federal junk bond market that I understood." ”

Everyone in the room looked at Noah Scott.

Noah Scott simply got up, walked to the whiteboard at the front of the conference room, picked up a pen and wrote quickly, while explaining: "Simon Westeros rushed to Melbourne at the end of June, Cersei Capital No. 6 to No. 10 Fund was established in early July, and during the same period, Cersei Capital No. 1 to No. 5 funds changed their operating style for the Japanese market. More recently, according to the information we received, Cersei Capital shorted the federal junk bond market for as much as $3 billion. So, let's think about it carefully, where did the $3 billion in funds from 6 to 10, or more than $3 billion, come from?"

After saying this, Noah Scott didn't really let everyone guess, and directly picked up the pen and used an arrow to lead the schematic diagram of Cersei Capital No. 1 to No. 5 sub-funds on the whiteboard to No. 6 to No. 10 sub-funds.

The scene is all workplace elites who have been in the industry for many years, and there is no need for Noah Scott to remind him too much, James Robinson, who has a chill down his spine and straight to his brain, stood up and blurted out: "Westeros has left!"

The Japanese stock market has recently broken through 39,000 points and headed straight for the 40,000 point mark.

If Simon Westeros had cashed out in July, it was already October, and everyone had been tricked for more than three months. More than three months later, Lehman Brothers' large sums of money are still completely tied up in the Japanese market. So, who dares to say what will happen next?!