Chapter 739 Stimulation is not stimulating

Tuesday, August 21, 1990, the second day of the seventh lunar month. Appropriate: sacrifice, bathing, haircut, marriage, stove, hand and foot armor, sweeping, decorating the wall, Pingzhi Daotu;

Wall Street, as usual, Bernier came to the office ten minutes early. Telling the female secretary who had arrived to make him a cup of coffee, Bernier turned on the computer and quietly waited for the call auction to begin.

The hot coffee was quickly put in front of him, and Bernier took a sip. The computer's monitor began to bounce with the call auction data, and Bernier glanced at it, "poofβ€”β€”!", and there was a spurt of coffee all over the place.

"$281?" Bernier's eyes widened in disbelief. For the stock price of Bluestar.com, he has repeatedly judged that it can indeed rise, but the increase should be limited, because the previous stock price divergence is exaggerated enough. However, the reality is like a nightmare, how can there be a frenzied gap of $100 during the call auction?

Bernier hurriedly grabbed the phone: "Pete, the call auction of Bluestar is wrong, what is wrong? Is the computer broken? Let the on-site traders verify the real data, tell me quickly! Immediately!"

……

A few minutes later, Bernier was slumped in his seat, and the call auction was not wrong at all, and it was still slowly rising......

I don't know how long I lost my soul, but Bernier suddenly heard the phone ringing: "Hey, what? The $1.2 billion invested by HSBC wants to get back as soon as possible?"

"Ah, the National Bank of Paris also wants to get their funds back as soon as possible?"

"Shit! The 300 million bridge loan Citi is going to be suspended? Didn't we say that it was okay?

β€œβ€¦β€¦β€

The phone came and went, and listening to the shrill ringing on the table, Bernier had no intention of answering the phone again. He picked up an internal phone next to him: "David, come to my office." ”

A few minutes later, when Berneill's only son, David, entered the office, he saw his father staring at the monitor, his eyes bloodshot. The call auction has ended, the stock market has just opened, and the stock price jumped to $343 as soon as it opened......

Another half an hour passed, and Bernier calculated that the time was almost there, and David should have gone to the police station to "report the crime". All the blame is on his own, and David has written down the password on his secret account.

Pull open the drawer under your desk and pull out a craft revolver from a fancy box. I remembered that this pistol was given to me by my boss and mentor when I first stepped into Wall Street, and I also said a piece of advice: "Never take risks, or you will use it." ”

Bernier laughed to himself, reloaded his pistol, and then aimed it at his temple and pulled the trigger hard......

At the moment of pulling the trigger, Bernier glanced at the display again, and at this time, the stock price of Bluestar had jumped to $402......

……

As a result of the "decisive declaration" issued over the weekend, many speculators have already smelled the danger, so they decided to close their positions today and buy backhand, and then exit the market to protect their capital. However, it has been hyped before, there are too many speculators on this gambling table, and the equity of Bluestar is extremely concentrated, and the circulating shares in the market are quite rare, so the stock of Bluestar immediately became the craziest nerve disk......

After the reopening of the market on Tuesday, because almost all the short speculators chose to close their positions and then go long, the stock price of Bluestar immediately rose wildly, and after the opening, it rose from the closing price of $182 on the previous trading day to $602 at the close, an increase of 331%! Many investors who reacted slowly burst their positions instantly, and the panic continued to expand!

And the biggest news of the day was the suicide of the famous investor Berneill. Before committing suicide, his son went to the police station to "report" the crime, revealing that his biological father's foundation was actually a Ponzi scheme. There is no such high profitability at all, it is nothing more than a steady stream of follow-up funds from new investors to make up for the previous holes, and due to this failure of short selling, the position was blown up, and Bernier's foundation went bankrupt in an instant.

When the news broke, the entire Wall Street, the entire American financial community, and the entire world financial circle seemed to have suffered a 12-magnitude earthquake. You know, Bernier's foundation had more than 5% of the New York Stock Exchange's trading volume last year, in 1989. At the same time, he was named one of the highest-paid people on Wall Street by the magazine "Financial World" at the time.

Moreover, Berneill's main marketing channels were through the clubs of the wealthy and the Jewish community. In the eyes of many wealthy people, money is nothing more than a symbol, and what they seek is not a higher absolute return on investment, but a status symbol, a kind of respected vanity satisfaction. So in the end, it turned out to be a sign of status as long as he could hand over the money to Bernier, a symbol of stepping into a more high-end high society.

In particular, Berneill's clients are all over the world, such as the world's top hedge funds, well-known banks in various countries, university fundraising funds, Hollywood stars, directors, celebrities, Jewish associations, and overseas rich women. Footprints all over North America, South America, Eastern Europe, Western Europe, Middle East, Asia. The total amount involved is more than 50 billion US dollars. Due to the overnight liquidation, all the money was lost.

The arrogance and arrogance of those financial experts were slapped several times again. All so-called financial analysis pales in the face of such strong price movements. And those financial systems that thought they were stable were also vulnerable to panic.

When the news broke, a large number of investors who were handed over to the fund for investment collectively withdrew, and there was a more violent run on the storm. On this day, six funds declared bankruptcy one after another, with the Dow Jones and Nasdaq falling by 5.12% and 7.01%, respectively. The media exclaimed, "Is it Black Tuesday again this time after Black Monday three years ago?"

……

As for Jing Jian, he hung up the phone and was in a very happy mood, because he had a big quarrel with Feng Biaoting on the phone. Yesterday and Monday, Hang Lung South suffered another run, and in just one day, as much as 1.8 billion Hong Kong dollars in cash were withdrawn, and Hang Lung South really couldn't hold out for a few days.

In desperation, Feng Biaoting called Jing Jian for help, but he didn't expect to be sneered at, so he ...... Mars hits Earth!

Jing Jian didn't really care about Nan Henglong's side, anyway, the matter would definitely end in a few days. He smiled and said to Zhao Guangliang, who was stunned: "Hehe, Ah Liang! What do you think? Surprise or not? Exciting or not?"

Zhao Guangliang has been made to death by today's stock price: "Jing Shao, Jing Ye! Please take the magic power! My Xiaoliang can't stand itβ€”β€”!"

Amid the laughter, Jing Jian remembered that he had just heard the news of Berneill's bankruptcy. He thought to himself, "I didn't expect to make such a big deal?"