Chapter 433: War Without Gunpowder
Friday, March 20, 1998, Lim's Bank Headquarters.
In order to ensure that there will be no power outage at a critical time, Liang Botao even brought his own high-power generator and pulled a branch cable fiber from Heung Kong Telecom.
More than 50 traders in the operation room are the same, everyone is staring at the computer screen, but ten fingers are frantically tapping on the keyboard, and various instructions for buying, selling, closing and short positions are spreading from the computer network, directing more than 1,000 traders on the periphery to carry out foreign exchange operations.
It was March, and the temperature was still relatively cold, but more than 100 computers were running at the same time, which made the operation room gradually warm up. However, what is hotter than the temperature is Liang Botao's hot heart.
Even if the central air conditioner turned on the air conditioner to the maximum, the sweat on Liang Botao's head still continued to seep out.
The time is close to 12 o'clock at noon, the Malaysian time zone and Xiangjiang are both the east 8th district, the time difference is zero, and the foreign exchange market has been open for three hours.
However, in these three hours, no matter how much they sold the Malaysian ringgit, the bulls always took over, keeping the ringgit hovering at 6.35 to 1 against the dollar.
Prior to the financial crisis, Malaysia had been operating a fixed linked exchange rate policy, keeping the ringgit at 3.8 to 1 against the US dollar.
However, when the financial crisis spread to Malaysia, Malaysia was not spared by the impact of international speculators, but was forced to abandon the linked exchange rate, like other brothers in Southeast Asia, and the ringgit depreciated by more than 70%, and the exchange rate once reached a staggering 6.5 to 1.
For three hours, the ringgit's exchange rate against the US dollar was maintained at 6.35 to 1, and Liang Botao felt extremely hot in his heart, and he couldn't help but pull the tie around his neck wildly, hoping that his breathing would be easier.
"Keep smashing! Smash the exchange rate for me!" Liang Botao, who was getting more and more irritable, roared at the traders in the hall.
"Boss, it's useless! No matter how much we throw, someone will pick up, and the amount of money on the other side is more than ours!"
"It's a conspiracy! I feel like we've been dug into it!"
"Oh melon seller! I just hit a thousand short positions, but instead of falling, I went up, what the hell is going on!"
More and more complaints continued to reach Liang Botao's ears, so that Liang Botao had to begin to accept a reality: the so-called quantum fund short Malaysian ringgit is likely to be a trap, and he who was eager to turn over the battle accidentally stepped into it.
"How much money do we have now?" asked Liang Botao suddenly.
"Boss, we have less than a billion funds left, do we want to continue to suppress it?"
"What! Only a billion? This is impossible!" Liang Botao felt that the sky was about to fall, Lin Cheng approved him for five billion to enter the market, and it was only one morning, and as a result, he only lost one billion.
"Boss, we have been suppressing the exchange rate all morning, but the more we suppress the exchange rate, the more it rises, and it seems that the bulls' funds will never be exhausted, but our funds are about to run out. ”
"Got it, I'm ......"
"Bang!"
Liang Botao's body seemed to be hollowed out, and his body collapsed heavily on the swivel chair, making a loud sound.
"What's wrong with you, boss, don't scare me!"
"I didn't ...... I'm fine, you give them orders on my behalf...... Close a position...... Quit!" Liang Botao said weakly.
"Okay Liang Sheng, I'll go and give the order.
……
In the headquarters building of the Quantum Fund on Wall Street, Soros held a cigar in his mouth and said with a smile: "Stanley, has the prey taken the bait?"
Stanley held a bottle of champagne in his hand and a smile appeared in his eyes: "Boss, the prey has taken the bait, but they have realized that they have stepped into a trap and are about to close the position and exit." ”
Soros nodded with satisfaction and said, "Exit, do you still want to quit at this time?" Stanley, keep chasing and killing them for me, and I can't take them out for a penny! I remember that a great leader in the East once said that he should give full play to the remaining strength and pursue the desperate bandits, and he could not learn from the overlord of the Western Chu State and let the enemy go for the sake of the reputation of benevolence. ”
Stanley's OCD was back in place, and he reminded, "Okay, boss, I'll do it right away." However, what the Mao leader said should be: It is advisable to chase the poor bravely, and not to become a famous overlord. ”
Soros looked embarrassed and said with some annoyance: "I told you Stanley, don't care about these details!"
Stanley hurriedly apologized: "I'm sorry, boss, it's not like I'm trying to show off my talents, I have an obsessive-compulsive disorder, and I always want to correct something wrong when I hear something wrong." ”
Soros waved his hand and said: "Okay Stanley, you don't need to explain, you are my most trustworthy person, I don't know you yet?" Hehe, the Orientals are still a little tender, but I also blame them for being too greedy, if they honestly drink soup behind our butts, I don't bother to take care of them, and now they are all asking for it." ”
Stanley said: "Boss, you are right, in order to prepare for the Southeast Asian financial crisis, our entire investment team of Quantum Fund has done countless research work, and deduced every step to the extreme, just piling up our written information on the economic situation of various countries in Southeast Asia can fill a big library."
In this financial campaign against Southeast Asia, we deserve every penny we earn, our hard-earned money! But the people in the East, they didn't do anything, they just followed our ass with audacity and care, and they actually earned more money than us, which is really intolerable!" Stanley said angrily.
Soros was now calm, he waved his hand and said, "Don't be angry, Stanley, they have learned their due lesson at this time, and we don't need to waste even a second of our time for them."
By the way, we are clearly short the Malaysian ringgit, but in fact we are short the Philippine peso, what is the situation in the Philippines?"
Stanley replied: "Boss, the attack on the Philippine peso is very smooth, and the war has developed so far, the Philippine government has no capital to fight against me, but the Philippine foreign exchange reserves have been wiped out by us, and there is no decent oil and water." ”
Soros nodded: "After we finish the next wave of attacks on Indonesia, it is estimated that the Indonesian government will ask the International Monetary Fund for help, and our attack on Southeast Asia should also come to an end, and we should start planning to carry out a major blow to the Japanese and South Korea." ”
Stanley replied, "Okay boss, I'm going to study the economic situation of these two countries." ”
Soros shook his head and smiled: "Don't worry, I've prepared champagne, let's have a glass of celebration wine first." ”
Stanley exclaimed, "Oh, it's Lafite in '82, and I'm in for a treat!"
:,,!!