Chapter 422: The plan can't keep up with the changes, and all kinds of accidents
Andy sat on the bed, looking at the stammering black faces of the "experts" on the LCD TV on the opposite wall, and couldn't help sneering, after all, they are experts in real estate, of course they know what the bankruptcy protection application of New Century Financial Company means. Pen, fun, and www.biquge.info
"What's wrong? ”
Andy felt his back squeezed by two peaks, a pair of jade arms entangled from behind, and her plump and delicate body reminded people of her amorous style.
patted the jade hand that caressed his chest, looked sideways at the ruddy and delicate face close at hand, and chuckled: "It's nothing, I just watched a group of clowns funny." By the way, New Century Financial Corporation, the second largest subprime mortgage company in the United States, just now, filed for bankruptcy protection, and the subprime mortgage crisis caused by the real estate crash began to erupt. ”
Ivana's flirtatious movement sniffing on Andy's neck like a kitten was completely still, and the originally lazy and coquettish sleeping face disappeared completely, Andy obviously felt her delicate body tremble, and looked back at her face with a vivid expression in amusement.
"Don't be stupid... Woo. ”
Andy was overwhelmed on the bed by Ivana, and happily catered to her passionate kiss, well, now Ivana is a little stunned, looking at Andy in addition to tenderness, it is infinite worship, especially after Andy said the basis for shorting CDS and CDO.
Even if Ivana wants to be with Andy again, but now in this deteriorating form, the trouble that the CP group has to face cannot be willful.
The pulled up blonde hair made her whole person show her mature charm, a long-sleeved chiffon shirt with a black round neck and lace cutout at the shoulder blades, a pair of black three-point flare pants, a pair of white gold diamond flower earrings, and a rectangular three-dimensional pouch in her hand, holding Andy out of the apartment door with a happy and sweet smile.
Hula, even the bodyguards reacted quickly, and the two were surrounded by reporters.
"Mr. Smith, I'm a reporter for the Wall Street Journal, what do you think of the real estate content reported by the two newspapers... ”
"I'm a reporter for The New York Times... ”
。。。。。。
Andy looked at the chaotic scene in front of him, took Ivana into his arms, and slowly moved forward under the strong push of the bodyguard, and saw more than a dozen reporters running towards this side from the underground parking lot of the apartment, and couldn't help but feel a headache for this group of people chasing and intercepting.
After pondering, he stopped, raised his left hand, and shouted, "I will only answer three questions... ”
There was another mess of questions at the scene, Andy looked down at Ivana, who was looking up at him with a tender face, tightened her into his arms, looked around, and said coldly and loudly: "Just the question of the Wall Street Journal just now, I also heard this question clearly." ”
The scene was noisy and quiet, and various voice recorders, tape recorders, and microphones were tried by their respective owners to get close to Andy's mouth through the bodyguards.
"I am aware of the news about real estate in the two newspapers, and although the content of the report is not exclusive, after all, the problem of the real estate bubble has been constantly warned since the beginning of last year, and the outstanding employees of the two newspapers have worked tirelessly to collect first-hand information from all over the United States, and I am also very surprised after reading it, and I think these situations must be known to the American people.
We don't make any conclusive judgments, we leave the power of judgment to everyone, we only provide detailed data and reports of various realities, and I can guarantee that all data and photos are verified and authentic!"
"There is news that Mr. Smith you have purchased a huge amount of CDO insurance, do today's two reports have other purposes?"
Andy glanced at the reporter who was the first to ask the question, the corners of his mouth curled slightly, revealing a disdainful chuckle, "We only report the facts!" As for what you said about me buying CDO insurance, it was the suggestion of my investment and financial management team, and it was still last month, I don't know what you mean by asking, but what I want to say is that the huge amount of money in your eyes is not what I see, two hundred million is a lot?"
All the people present were confused by Andy's flat expression, indifferent tone and domineering words, "Is 200 million a lot? 200 million is a lot......
I don't know who reacted first, and asked loudly in the gap when everyone was intimidated by Andy's coercion: "Mr. Smith, will the bursting of the real estate bubble really cause an economic crisis as the report said?"
"I don't know what you're talking about, and I don't know if it's going to cause an economic crisis, but I can tell you that this is just the beginning, and New Century is not the first subprime mortgage company to file for bankruptcy protection, nor will it be the last... ”
Andy hugged Ivana tightly and rushed to the car under the strong opening of the bodyguards, Andy first protected Ivana into the car, followed by himself, closed the car door, watched the reporters outside who were even more crazy, and banged on the car window.
Andy looked at Ivana helplessly and said with a wry smile: "It seems that in the next period of time, we will be annoyed." ”
"Gurgle... Ivana just grabbed Andy's arm and smiled.
In fact, Andy is also very helpless, he doesn't want to pretend to be forced, who doesn't want to make a fortune quietly, but his purchase of CDO insurance is not a secret, you can know it with a little inquiry, it has been exposed on TV, Andy can only use the purchase of CDO insurance to cover up his investment company's short position in a huge CDS bond, after all, this is the top priority of his speculation this time.
The problem is that now even this news is enough to cause a sensation, and one can even imagine how people would call him, "crazy gambler".
Some things don't happen to the individual, and Andy's muffled fortune had changed by the time he decided to lift the lid on the real estate collapse, and now all he could do was cover up the action of shorting CDS bonds.
Sitting in the office, Andy looked at the two mobile phones and the office phone ringing non-stop, and couldn't help but smile bitterly and pinched his temples, it was really the beginning of all kinds of troubles!
It's just that what Andy didn't expect was that just a day later, in addition to the time when people were talking about his gambling real estate crash and the sentence "Is 200 million a lot?", more reporters were like wild dogs smelling blood, and they investigated the customers who purchased CDO insurance in the entire market through various channels.
After a check, Andy's $200 million CDO insurance became a foil, and Soros's nephew, Soros himself, and Michael Bury, the fund manager who invented this CDO gambling insurance, and several fund companies became the targets of major newspapers.
In particular, the appearance of the financial predator George Soros suddenly made things more noisy and chaotic, and Michael Burry, the inventor of CDO gambling insurance who had been ridiculed by everyone on Wall Street for a whole year, became the darling of the media, from a joke to a genius, and those who laughed at him lived in the shadow of being cut all day long, which had to make people sigh that the world was impermanent.
Andy looked at the newspaper in his hand and smiled bitterly, is this the intention to plant flowers and flowers, and unintentionally plant willows and willows? Okay, maybe these people will hate themselves to death, whatever, now the CDO has begun to fall, that is to say, the CDO gambling insurance in his hand has begun to make a profit, and it is Deutsche Bank that really wants to cry.
Andy hasn't gone out much in the past two days, and it's a mess outside, especially Wall Street, which is full of wailing, as the second largest subprime mortgage financial company in the United States, the new century, laying off half of its employees, which undoubtedly makes the shadow of fear completely envelop Wall Street.
Every day, small and medium-sized mortgage intermediaries go bankrupt, banks have a backlog of defaulted properties, loans have become bad debts, and they still don't admit defeat.
As soon as the news of an 8.4% decline in existing home sales in the United States in March was reported, Dow Jones, Standard & Poor's, and Nasdaq fell in response.