332. You can't get a single child back, and you can't get it all back
"How many Yamada Fund orders have we closed so far?" Murai asked
"We only closed 20%, many banks are similar to us, but we closed the Yamada Fund at that point last night, and a total of 1 million lots of daily buying orders emerged, causing panic in the market, causing many large institutions to short USD/JPY to stop losses and close their positions.
Last night, however, the USD/JPY pair rose by 160 pips.
"The remaining positions are slowly being closed, and we have lost too much this time!" Murai said
This time I am also guilty of escaping, I shouldn't have allocated such a high leverage to the Yamada Fund, and now that the Yamada Fund is finished, there is no margin left, and the rest of the losses are borne by their bank.
The commissions that Yamada Fund has created for them over the years are far from enough to offset them.
··· At this moment, the same is true of many large banks in Dongying, which were killed by Yamada Fund this time, and they all suffered serious losses.
Among them, Mitsubishi Bank suffered the worst loss, and the $10 billion injected into the Yamada Fund was directly lost, and it had to bear the losses of the subsequent forced liquidation of the Yamada Fund.
It is estimated that Mitsubishi Bank will lose $11 billion at least this time.
"Baga!!, you idiot, you wait to go to jail this time!" the vice president of Mitsubishi Bank scolded Junno
He also has some responsibility for this incident, and may be fired by the shareholders, so he must investigate clearly! Try to minimize the responsibility he has to bear.
Junno didn't speak, and he had been reprimanded all morning this morning.
··“ What about Yamada? Is Yamada dead now?" Watanabe asked again
Yamada can get such a high leverage, and when he is about to liquidate, why didn't he make a margin call in time, and why didn't the people in the risk control department stop Yamada in time!
All this he knew was a good thing that this Junye did,
"Watanabe-kun, Yamada doesn't know if he lives or dies now, and he is in the rescue room," Junno said with a sad face
At this moment, the person who wants Yamada to die the most is him, as long as he can't find evidence, then the chance of being found out is very small.
"Wait a minute, you can come with me to see!" Watanabe stared at Junno, as if trying to read through his thoughts.
"Watanabe-kun, at the moment I think it's best for Yamada to die!" Junno said directly to his heart, and now this situation may be very serious.
"Baga!! you idiot, don't think I don't know what you're thinking!" Watanabe scolded
But he didn't realize that Yamada would drag their bank down in the next few days.
·············
Chen Hui has been slowly closing his position in the next few days, and USD/JPY is not rising much today, but has been oscillating at 106.300.
Chen Hui took advantage of this opportunity and seized the opportunity every day to close his position as much as possible when USD/JPY was at a high level.
Slowly shipping, at the same time, many Dongying banks and Dongying financial institutions are also cutting meat and closing positions.
And Mitsubishi Bank, Daiwa Bank, Sumitomo Mitsui Bank... More than a dozen large banks are also slowly closing Yamada's short positions.
USD/JPY is still very strong, oscillating in the 50-point range from 106.300 to 106.800.
···· These people Yamada have been rescued, but fortunately, the rescue was timely, otherwise they would have died.
Every day outside the hospital, a large number of people come to visit Yamada, and many people want his life!
Now that it has not been exposed on the news, more than a dozen banks have begun to jointly block the news, and have not announced the truth about the ashes of the Yamada Fund, because this incident has caused a big problem to their credibility, but paper cannot contain the fire. Now the gossip is flying all over the sky, and it has reached the ears of those big customers of Yamada Fund.
Now those big customers of Yamada Fund have come to the door and got their money back, but their money has been lost by Yamada Fund!
Now that the margin of the Yamada Fund has been lost, and there is no one left, how can these customers still get their money!
More than a dozen of their banks also followed the Yamada Fund into bad luck, and many customers had to find Mitsubishi Bank, because the Yamada Fund is listed under Mitsubishi Bank.
··· In particular, bank executives and vice presidents try to avoid their responsibilities.
But now the customers have already complained to the Financial Supervision Bureau, and now in the midst of a comprehensive investigation, Yamada has also arranged a lot of security personnel in the hospital, and this matter must be investigated.
Fraud, fraud, and concealment of losses have led to the loss of so many customers, and the total losses of these customers are as high as 20 billion US dollars, and none of them can get it back now. Many customers began to sue Mitsubishi Bank, demanding compensation from many Mitsubishi banks, especially since Mitsubishi Bank is now suffering heavy losses and has to accept many lawsuits.
More than a dozen banks have been sued by customers in court······
These customers include many entrepreneurs, financial institutions, and community bosses, and now they also know that the Yamada Fund is finished, and they don't have a word of money left, so Yamada must die, but before he dies, he must find out the truth, and these banks must also bear some of their losses.
These banks actually teamed up with the Yamada Fund to deceive them and play with their trust.
Many of our customers are also customers of these banks, and they have a lot of personal deposits in the banks, and when these banks sold them the Yamada Fund in the past, they also trusted them and bought the Yamada Fund.
Unexpectedly, the final outcome was that none of the people who bought the Yamada Fund could get it back, and all their money was lost.
These banks must give an explanation!
············
In the private box of the café not far from the hospital, managers of the risk control department from more than a dozen large banks in Dongying gathered
"Wait a minute, you can do it!Otherwise, when Yamada can speak, everyone we are doing will be finished!" Junno said coldly, now that the situation is serious, the bank may also need a scapegoat at that time, and he is the scapegoat!
It was also his turn to kill Yamada, the assassin.
"This Yamada won't die for a day, I'm not at ease!" Murai also said, at the moment he was helpless, if the situation escalated in the future, he would also be the bank's scapegoat, and he would also be charged with murdering Yamada.
"Let him die early, I don't want to go to prison!" Fuji Bank's risk manager said
"This bastard, this time he really hurt me!" said the risk control manager of Daiwa Bank
"I wish Yamada would die before I finish this cup of coffee!" said Sumitomo Mitsui's risk manager, clutching the coffee cup.
At the same time, the rest of the bank representatives agreed······
·····