"Okay, I got it. ”

"Keep an eye on Philip Brothers!"

After speaking, Xia Yu decisively hung up the phone.

Looking at the calm expression of the boss Xia Yu, Song Yang was a little overwhelmed, wanting to ask but not daring to ask.

At first, he happened to receive a call from a stranger, saying that he wanted to see Xia Yu, he couldn't figure out what the situation was, so he could only send someone to the operation room to ask the boss Xia Yu to come over, but he didn't expect the boss to hang up after a simple chat.

Xia Yu glanced at Song Yang, did not explain, and directly ordered: "Order the people below to speed up the shipment of hidden accounts, and don't sell the futures contracts of the account on the bright side, arrange them now." ”

Song Yang was a little inexplicable, couldn't hold back his curiosity, and nodded in response: "Yes!"

"Boss, I'll go first!"

After speaking, Song Yang immediately withdrew from the office and walked quickly towards the operation room.

After thinking for a while in the office, Xia Yu did not go to the operation room, but left the Galaxy Fund in a low-key manner and drove back home.

He went to inform others to speed up the shipment as well.

On the phone just now, he was informed that the top management of Philip Brothers placed US Treasury Secretary G. William Miller and Federal Reserve Chairman Paul Volcker.

As for the purpose of the visit, the person who informed it did not say, apparently not knowing.

But this information is enough for Xia Yu.

He understood that the company of Philip Brothers was on the verge of extinction and was now in a death throes.

He did not take it lightly, but chose to reduce the risk to fight at the first time, and the way was to ship as soon as possible, pull other institutions on board, and let the giants of Wall Street eat dog.

The more goods he releases, the more Wall Street agencies take over, and the more reluctant they are to get off the ship.

Maybe some institutions will choose to stop and decompress in terms of millions of profits and pressure, but he doesn't believe that in the face of tens of millions or even hundreds of millions of dollars in profits, these institutions will give in and let go!

As long as these institutions are willing to carry it, then it will be difficult for the US Treasury to implement the policy, and even the policy will be stillborn.

......

100 million dollars!

Two hundred million dollars!

$300 million!

After Xia Yu's order to speed up the shipment was sent from New York to the world, the spot and futures contracts in the first hand began to be sold rapidly, and a large amount of money flowed into the accounts of several Swiss banks that had been prepared, and some of them were transferred out after turnover between Swiss banks and flowed into the bank accounts of Jiuding Bank or Chiba in the island country.

Globally, the fastest to complete the clearance is the contract in the futures market of the island country, and the island market has Sumitomo Trading Co., Ltd., even if Xia Yu clears the position, it does not cause any turmoil.

In the UK, the Bank of Bahrain saw that the prices of LME copper futures and LME aluminum futures continued to rise, like ants on a hot pot, and there was no way to turn around.

"It's great that the market capitalization has fallen below a billion dollars!"

In New York Jiuding Securities Company, I saw that the stock price of Philip Brothers fluctuated, falling from $6.66 to $6.65 a share, and the market value fell below $1 billion in an instant.

Xia Yu couldn't help but raise the corners of his mouth slightly, and secretly thought in his heart: "It's time to do it!"

Sure enough, I saw Toby Morton immediately follow his previous work deployment and began to instruct traders to start buying stocks carefully.

And Xia Yu picked up a copy of the "New York Daily News" on the newspaper shelf next to him and flipped through it, only to see the most conspicuous position on the front page, a line of bold words is very eye-catching, and the translation is really impressive - Philip Brothers is about to go bankrupt!

Under the big characters, an article of more than 1,000 words is sprinkled with evidence, which writes the real situation and speculation of Philip Brothers Company in a reasonable and well-founded manner, and finally makes a summary statement, determining that Philip Brothers Company has been repaid with capital and has an ultra-high investment risk, and investors need to pay close attention.

Before Xia Yu's acquisition, the New York Daily News was already a first-class newspaper with daily sales of 700,000 copies, and after optimization and adjustment, it is now more popular, with daily sales reaching 780,000 copies.

Such a newspaper clearly bears the opinion of Philip Brothers, one can imagine how bad the impact will be.

The market capitalization of Philip Brothers fell below $1 billion this morning, and the New York Daily News played no small role.

For Philip Brothers, the nightmare didn't end there.

As its market capitalization fell below $1 billion, the bulls who were long premium copper and aluminum futures seemed to be encouraged, their morale was greatly boosted, and their longs were once again intensified, as if they wanted to seize the opportunity to crush Philip Brothers to the end, so that it had no chance to turn over.

Seeing this situation, Song Yang, who has been paying close attention to the market, immediately instructed traders to increase their efforts to sell contracts.

Every futures contract thrown out is bought by an unknown institution in an instant, and what Galaxy Fund reaps is lovely money.

In addition, Philip Brothers also received a joint investigation by the New York Stock Exchange and the New York Mercantile Exchange.

It is not known whether it was an investigation team sent under pressure from public opinion, but since the two official agencies have already come forward to investigate, there will definitely be a result, and the majority of investors have the right to know the true situation of Philip Brothers.

If Philip Brothers is really insolvent and there is a significant risk, then Philip Brothers will definitely be monitored by the New York Mercantile Exchange to prevent the transfer of assets by management and shareholders.

Philip Brothers.

Watching the members of the investigation team walk into the operations room and the finance office, Tendler Wells closed his eyes in despair.

Unlike the investigation team's investigation of the Galaxy Fund, the situation of Philip Brothers is more serious, so it can't stop the people of the investigation team at all.

Tendler Wells knew very well that the company was really insolvent, and that the investigation team would soon be able to discover the true situation if they carefully checked the financial receipts and expenditures and investment accounts.

Looking through the glass at the reporters squatting around the downstairs, Tendeler Wells sighed and ordered his secretary to call the company's directors one by one.

The investigation team suddenly attacked, and at this point, there was nothing he could do, so it was better to let the major directors prepare.

If any of the directors can turn the tables in a desperate situation and let the vague Fed lend a hand, then Philip Brothers can still be saved, otherwise the day of bankruptcy is not far off.

As the minutes passed, more and more directors rushed over, but the people in this investigation team just didn't get in, and they only knew how to bury their heads in the investigation.

Finally, at around five o'clock in the afternoon, the investigation team finally stopped.

There was no face-to-face feedback, and before leaving, the leader of the investigation team only left one sentence for Tendler Wells: "The margin of Philip Brothers has been fully consumed, and the deposit of $23 million must be made up within twenty-four hours, otherwise the exchange will forcibly intervene." “

After speaking, the investigation team did not drag the mud and water at all, and left directly.

But it was this sentence that made the faces of everyone present change.

Now there is a margin gap of $23 million, and when the market opens tomorrow, this supplementary figure will only be more, not less.

But his family knows about his own family, and the Philip Brothers company really has no money!

Will the company be able to escape the fate of bankruptcy after all?!

Looking at Kester Philip, who was in a trance, Tendler Wells clenched his fists, but finally released them weakly.

It all happened so fast that they were sentenced to death before they could carry out their plan.

Immediately afterward, a group of people with heavy hearts walked into the conference room to meet again.

The outcome of the meeting was terrible, and the directors were reluctant to pay to help the company weather the storm.

Obviously, in the face of the indifference of the Federal Reserve and the US Treasury, they finally chose to give up and force the government and the Fed to make a choice at the cost of destruction.

The next day, the bulls went even more crazy, and the floating losses of Philip Brothers continued to expand, and the gap between the three million dollars and the four million dollars easily broke through to $40 million.

Seeing that Philip Brothers did nothing, the New York Mercantile Exchange issued warnings to no avail, and directly chose to forcibly intervene, temporarily depriving Philip Brothers of its trading seats, and at the same time reporting to the New York Exchange Commission to freeze the assets of Philip Brothers.

There is no way, the New York Mercantile Exchange can't help Philip Brothers close the position, after all, the latter is short, and if the position is forced to close, it will need the New York Mercantile Exchange to pay money.

If you can't recover the margin, how can you still pay money to help Philip Brothers close the position?

If you want to close a position, you also use the assets of Philip Brothers to close the position!

When a large number of New York Exchange personnel entered Philip Brothers again, a large crowd of reporters flocked to the firm.

Upon learning that the New York Trading Commission had come to block Philip Brothers, the reporters immediately became agitated, and they knew very well what that meant.

Soon after, the news spread throughout Wall Street that Philip Brothers was insolvent and collapsed!