"Bastard, is he planning to ruin the whole of Wall Street?"

"Alan, losing your temper will not only not help, but will also increase the laughing stock. ”

In the face of Greenspan's anger, Paul Volcker was very calm. Since jumping out of the big hole of the Fed, he has found that his horizons have become broader.

Yes, the boss of the Mi Fed is highly weighted. However, most of the time, they are actually at a loss. Just like Greenspan right now.

The thing didn't even notice that NBC was actually out of steam. In other words, you provoked William White, he took revenge, and now, you can continue, as for how to clean up the mess, this is what you need to consider.

"Paul, old man, I'm so hard. The sudden explosion of Long-Term Capital Management is simply terrible. ”

Greenspan now has a bitter saying, at first, when Mao Zi lay down to settle the bill, he was unimpressed, or rather, he gloated a little.

Giving up the credit of the state is simply self-defeating. If any country wants to develop, the national debt is a must.

However, what stunned Greenspan was.

The seven most important industrial countries collectively suffered a sell-off in their national debt.

Nima, Maozi can not repay the debt, how can you be exempt from vulgarity. In such a large country, it seems that the national credit as a guarantee is not a very reliable thing.

Some of the so-called international travel funds may not be any travel funds. It could be the church, it could be the royal family, it could be some hermit family. One of the characteristics of these funds is that they do not seek to increase the value of the asset.

Well, it's not accurate to say that, to be precise, these funds have a high level of risk aversion. If the investment fails, many people may not survive.

Nima, you can refuse to pay the bonds issued by the state, this is repaid, life can't go on, hurry up and change it to a beautiful knife.

As a result, Wall Street's predicament can be imagined. The so-called floating capital, on the contrary, is bought in full, and they, just like long-term capital management companies, they buy with leverage, and at the same time, a considerable part of these purchased bonds are pledged.

Long-term capital management companies use roughly 60 times leverage. If you think about it, this is the kind of thing that happened in Mao Ziguo, even if it falls, it is very fatal.

A 2% drop will wipe out your little money, if it's more, figure it out for yourself, it's the rhythm of death.

Merrill Lynch, Da Mo, and Goldman Sachs are willing to take over, and you say they are rescuing long-term capital management, you might as well say that they are saving themselves.

As long as there is enough money, as long as there is enough time. The value of these bonds is still guaranteed.

However, the abacus played well. With the endorsement of the Ministry of Finance, these bastards don't need a dime, as long as they wait until the delivery date, tens of billions of dollars of American knives will be like being given away for nothing.

Ahem, the design is good, more than a dozen investment banks have a share, this is simply the rhythm of pie in the sky.

But don't you have a painful conscience when you make this kind of money?

Okay, don't talk about the calf, it doesn't hurt, does it have anything to do with you? The reason why you have a sidewalk, the reason is obvious, so many people can share the profits, but I am lonely.

Is this capital discrimination?

Anyway, if you don't make money from labor and capital, don't think about it. A group of rampant gamblers actually want the country's credit as an endorsement, just like asking, can we ask for 13 faces?

"Allen, deliberately ignoring a capital predator. Could it be that those old immortals don't even have the courage to admit defeat?"

"Ahem, Paul, you can't say that either, he gave up on the acquisition, it's a well-known fact.

Originally, he had the opportunity to become an investment bank, a real investment bank.

Long-term capital management company, this is the top investment dream team, perfect positive correlation convergence strategy, computer quantitative support, ubiquitous arbitrage opportunities, superimposed ultra-high leverage, profitability is simply a myth.

Well, maybe it's a little unstable, but it's also a non-war crime. ”

"Yes, therefore, their demise is only in an instant. How do you say that, if God wants him to perish, he will first make him crazy. Paul Volcker pouted, he didn't care about this guy anymore. Now Greenspan has begun to talk nonsense.

Man, you have to remember that you are not a politician but a scholar. As a scholar, if you can't even seek truth from facts, alas, you basically have nothing to do with academics.

After a long time of arguing, they didn't argue about a solution.

If the two veterans knew, William White didn't actually think that much. His original purpose was nothing more than sabotage.

Yes, if you don't get a piece of cake, you have to be isolated, but if you have a little temper, this will never be 13 unbearable. Even if he William White had a turtle measure, it was not negotiable.

Besides, isn't what NBC said true?

Omega Consulting is also a predator for hedge funds, so why are people okay?

You see, it's not that people don't understand, others are also hedge funds. Although it is at the bottom of the big four hedge fund companies.

But look at the present.

The backbone of the quantum fund was broken, and if it weren't for Soros's backing being hard enough, Za Nima would have died.

Long-Term Capital Management is dead, and now a horde of predators roars around its corpse. Even though he was dying, he still wanted to bite a piece of meat.

As for that Tiger Fund, well, the health hasn't been so good lately either. Xiao Yueben suddenly went crazy in the past two days, and planned to stick to his exchange rate.

Well, that's why they're frantically selling everything bonds.

This time, the whole world is Sparta, and they seem to remember that the world's number one creditor country has long been no longer Eagle Sauce.

The biggest creditor is starting a clearance sale, Nima, the world is crazy.

Damn, that bastard, it seems that he is betting on the appreciation of the yen.

Don't forget, you're also a member of Wall Street.

Wait, how do I feel that this guy doesn't look like a red flag on Wall Street?

No one has said whether to bail out the market anymore, and the problem now is that Eagle Sauce seems to have messed up, and if no effective measures are taken, a worldwide Great Depression is just around the corner.

If you lift a stone and shoot yourself in the foot, you will suffer enough.13 What you are smashing now is your own little dingding.

Hehe, this is not going to be too rhythmic. Could it be that this is a snatch of the sunflower book.

Alas, why don't you read the explanation carefully, even if the palace may not be successful.

It's terrible to be uneducated!

"As I have said a long time ago, the world has become a flat surface, and no one or perhaps an economy can be left alone.

An efficient and rapid response mechanism must be put in place.

IMF, don't be funny, they won't do anything but ruin your job.

Well, I repeat, I'm for bailing out the market, but not for saving the gamblers. A highly leveraged hedge fund that falls under the umbrella of gambling. ”

Without a head or a brain, William White's bodyguards squeezed open a passage and escorted him away.

Of course, the reporters crowded at the White Center weren't disappointed. With that passage just now, I can make it up myself.

This guy who makes money is easier than drinking water, and no matter what he says, the market will react to a certain extent.