As mentioned earlier, after reshaping the world's investment risk prevention and control system, Xu Jiahao completely turned against Qiao Tianyu because he was dissatisfied that he was only positioned as one of the "Qiao's Four King Kongs".

The cautious Xu Jiahao blamed Qiao Tianyu for all these sins, and mistakenly thought that Qiao Tianyu deliberately robbed him of his credit, so since then, Xu Jiahao has been against Qiao Tianyu everywhere, with a posture of "I have you without you, you without me".

And because of the reshaping of the world's investment risk prevention and control system, Qiao Tianyu became famous all over the world, and at that time, the motherland of China, which was rising as a great power, was vigorously developing the financial industry.

Therefore, Huaxia asked someone to give Qiao Tianyu a little talk, hoping that Qiao Tianyu could return to China to serve as an honorary adviser for the development of the country's financial industry and help the development of the country's financial industry.

As soon as he heard the call of the motherland, Qiao Tianyu responded to the call without hesitation, hurriedly returned to China, and made great contributions to the development of the motherland's financial industry with all his life's learning.

At this time, Xu Jiahao, who was bent on revenge against Qiao Tianyu, saw that he didn't fight anywhere, and you Qiao Tianyu just made a name for himself in the United States, and he wanted to go back to Huaxia to show off.

Isn't you Qiao Tianyu always flaunting yourself with patriotism and boasting that Haikou wants to protect Huaxia's financial security, then this time Xu Jiahao will make you ruined!

So Xu Jiahao relied on the contacts he had accumulated on Wall Street for so many years and some **** on Wall Street to organize a large team of international hedge funds and began to attack Huaxia Finance frantically.

Xu Jiahao is not an idle person, coupled with the participation of Wall Street ****, Huaxia Finance suffered heavy losses in the attack, Qiao Tianyu had to take command in person, and finally resisted the crazy attack of Xu Jiahao's generation.

Xu Jiahao, who originally thought that he would return home, would give up, but he didn't want Xu Jiahao to be targeted by another pair of eyes on Wall Street, and those eyes were Qiao Tianyu's lifelong rival Junji Sato.

At that time, Junji Sato got the historical archives out of nowhere, and it turned out to prove that Xu Jiahao was not Chinese, but Japanese, and he was a kind left by Japanese soldiers during the Japanese invasion of China.

Knowing that he was not Chinese, Xu Jiahao "recognized his ancestors and returned to his ancestors", colluded with Junji Sato, and soon became compatriots and friends, and the two embarked on a decades-long anti-China road together.

After being successfully repelled by Qiao Tianyu, Xu Jiahao and Junji Sato are no longer limited to attacking from the front, but one bright and one dark, and the cooperation can be said to complement each other.

Among them, Xu Jiahao, as the world's No. 1 financial actuary and financial instrument designer, is mainly responsible for the "rear battlefield".

He designed countless financial products specifically for Huaxia, and then recommended them to Huaxia's investment institutions through various channels, and finally caused China's investment institutions to suffer heavy losses.

Junji Sato, who is an ace trader, is in charge of the "frontal battlefield" and leads hedge funds to carry out financial attacks on Huaxia Finance and enterprises again and again.

As the saying goes, "open guns are easy to block and dark arrows are difficult to defend", Junji Sato on the frontal battlefield is not difficult to deal with, after all, in terms of trading ability, Qiao Tianyu is definitely slightly better than Junji Sato, so Qiao Tianyu is not very worried about Junji Sato.

What really made Qiao Tianyu feel embarrassed was Xu Jiahao in the "rear battlefield", and the financial products he designed for Huaxia could not be identified after heavy packaging.

Moreover, those financial products enter China through various potential channels, and if China wants to develop the financial industry, it cannot close itself off from the country, and must strengthen communication with foreign countries, so China cannot prevent the entry of those financial products at all.

In the following decades, Xu Jiahao was like a ghost, causing immeasurable losses to Huaxia Finance, but Qiao Tianyu never had anything to do with him.

In terms of damage to Huaxia Finance, one Xu Jiahao is definitely worth more than ten Junji Sato!

To put it bluntly, Xu Jiahao in the previous life can definitely be regarded as Qiao Tianyu's biggest nemesis, or not one of them!

Therefore, in the previous life, Xu Jiahao was Qiao Tianyu, and he was a nightmare figure in Huaxia Finance, and Qiao Tianyu did not find a good way to solve Xu Jiahao's problem until the end.

Fortunately, Xu Jiahao lost his conscience, and finally got a bad retribution, after more than 30 years of scourge to Huaxia, Xu Jiahao finally died in advance at the age of 57, which made Huaxia and Qiao Tianyu breathe a sigh of relief.

So this is also the reason why Qiao Tianyu is so angry that he vomits blood every time he hears the name "Xu Jiahao"!

Let's go back to our story.

When Qiao Tianyu closed his eyes and went through all the god-level engineers of Goldman Sachs Group who had the ability to design DBLP bond products, until he finally locked the target on Xu Jiahao, Qiao Tianyu suddenly realized that a problem that had been bothering Qiao Tianyu just now seemed to have been perfectly explained.

When Qiao Tianyu listened to Wu Minghao's introduction of the DBLP bond issuance process just now, Qiao Tianyu was extremely familiar with the key words of the entire issuance process, such as secondary securitization, packaging and bundling, the highest credit rating, and the return of funds, but he didn't remember where he had seen it for a while.

It wasn't until now that Qiao Tianyu suddenly realized, my mother, DBLP bonds are completely a copy of the financial derivatives MBS bonds that triggered the subprime mortgage financial crisis in 2008!

It is important to know that the essence of MBS bonds is "securities capitalization", which is exactly the same thing as the "securities securitization" of DBLP bonds.

Moreover, when Wall Street designed the MBS bonds, it packaged and bundled the countless housing loans of the lending banks, while the DBLP bonds packaged and bundled all the "diplomatic bonds", which is exactly the same.

At that time, when Wall Street launched MBS bonds, MBS bonds were rated with the highest triple-A rating because the subject matter of MBS bonds was the mortgages of mortgage banks with the highest credit ratings.

When Goldman Sachs Group launched the DBLP bond, the DBLP bond was rated with the highest triple A rating because the subject matter of the DBLP bond was the "diplomatic bond" of the U.S. Treasury bond with the highest credit rating.

Whether it is MBS bonds or DBLP bonds, the purpose of their issuance is to withdraw funds bet on fixed capital.

After some careful comparison, it can be found that DBLP bonds are simply a copy of MBS bonds, no wonder Qiao Tianyu looked at DBLP bonds so familiarly!

You know, although the MBS bond caused the global financial crisis in 2008, it is undeniable that the launch of the MBS bond at the beginning of the 21st century did cause a sensation in the whole world.

Because MBS bonds solve the problem that fixed investment cannot be turned into cash on a weekly basis, it is hailed as an epoch-making revolutionary financial product after its launch, opening another door to financial product development.