Chapter 1650: Abundant

The problem that Liu Meijia is worried about is really not a problem.

In order to enable Jiamei Bank to smoothly withdraw from the adjustable-rate subprime loan market for residential mortgages, Jiamei Bank has hired different research companies to conduct cross-investigation since last year, not only mastering first-hand subprime mortgage market data, but also collecting evidence of how the rating agencies turned subprime mortgage bonds that should have been rated junk bonds into triple-A high-quality bonds!

The three major international rating agencies, Standard & Poor's, Moody's and Fitch International, said that it was because of the competition between them that led to this kind of behavior, and it was better to say that the rating agencies were silently promoting the prosperity and development of the new subordinated loan bond market for the sake of performance and income, but Fu Zhengyi still vaguely remembered that after the outbreak of the subprime mortgage incident, the rating agencies were not charged and sanctioned, and it took many years before some new arguments about the incident were thrown out. It is also a more pertinent way to say that the integrity of these rating agencies cannot be questioned, otherwise the financial turmoil caused by it will be catastrophic, so in addition to these three, other rating agencies may be even more unbearable in order to survive and rank.

Compromise and tolerance are sometimes so funny and ridiculous!

With a little emotion, Fu Zhengyi walked out of the study, and saw that Tang Yan, who came from Hong Kong overnight, had not left yet, and had a little headache.

Ignoring that it was already one o'clock in the morning, seeing that he finally finished answering the phone and came out, Tang Yan greeted him and said angrily. "BOSS! Teach me what to do! I really can't stand it! All aspects, messy people are staring at me, last week's account operation was even made public, the funds on the book are now not used at all, every day is a gap high, every day is a red plate, although the profit of locking is also considerable, but the funds on the book have been 16 billion, and if this development continues, the next redemption open day must be canceled......

made a small gesture at her, and led her to the attic, where Fu Zhengyi sat down before speaking. "The next redemption date is the 20th, as a public trust fund, what reason do you use to apply to the regulatory authorities?"

"There's no place to spend too much money!"

Fu Zhengyi gave a thumbs up in admiration. "For such a straightforward reason, who do you want the Trust to steal from the front page?

Poof!

Tang Yan was amused.

But immediately after her, she realized that something was wrong with herself, and said distressedly. "BOSS, I really can't bear it, I said that I won't cooperate, but I still have to continue to talk in the company every day! I'm so angry......"

Fu Zhengyi was stunned. "Huh?"

"Ah, what, am I being pursued by someone who is abnormal?"

"Okay, okay, hurry up and get down to business in the middle of the night, sleepy!"

Tang Yan drooped his head and was silent for a while, and then told him about the situation for more than a month, first of all, it is naturally the right thing, the operation style of Weizhi Trust and Weizhi Enterprise Annuity Account has attracted the attention of many institutions, and as a result, the nearly 10 billion funds raised on last month's redemption date have only spent a quarter of it in half a month, and some of the stocks that Tang Yan continues to increase their positions are gapping high almost every day. The whole day is red, which leads to all the funds lying on the books are idle, and the traders in charge of these stocks are bored playing games in the office.

Fu Justice was puzzled. "This is a good thing, isn't it? someone helps us carry a sedan chair, and we hold positions every day and have profits, isn't it?"

Seeing that he didn't understand the trick, Tang Yan patiently explained. "BOSS, the problem is that representatives of some institutions and bookmakers came to talk to me, as long as I am willing to help lock up the position, I can come up with funds to sit with them to jointly sit in the bank, and the profit will be easy to talk about, but I don't know where these people come from the confidence, how dare they blatantly talk about the illegal and criminal behavior of manipulating the market?"

"This kind of behavior is quite common in the market, as long as it is not caught, it is naturally fine, and the institution also hopes to lock up the position through your account, the fundamental reason is the lack of financial strength, or the fear of being smashed in the rapid rise stage, all parties have the interests of all parties, and there is no way to evaluate it in the current legal environment, just ignore it, anyway, the accounts you manage are all operated in accordance with the law, right?"

Tang Yan nodded, thought about it, took out the notebook from her bag, and handed over a handwritten list sandwiched inside. "BOSS, these are not small institutions, the fundamentals of the selected stocks are not good, but they are not junk stocks, the profit commitment of the lock-up is twice as much, and the additional 20% of the excess returns to the individual; How do you know the number of positions I hold and the approximate cost?"

Fu Justice is happy. "Whether it's an institution or a market maker, if you don't even know the position status of the target stock, isn't it waiting to be cheated?"

"But the number of my positions does not meet the announcement standard, and I am sure that the traders below will not leak this data!"

Seeing Tang Yan's surprised and stunned look, Fu Zhengyi completely understood what the problem was, and shook his head with a wry smile. "You, you, you've been in China for several years, why can't you even think about this kind of thing? Listed companies must be related to those who are ready to sit in the bank, if the listed companies want to get specific positions, is it difficult?"

"Boss! Collusion between inside and outside is a felony!"

"This kind of behavior in foreign countries is indeed a felony......, but in the mainland is nothing unusual, some listed companies are even themselves bookmakers, want to absorb the chips on the release of a negative to suppress, want to pull up on the release of good, grasp the general situation of the opponent is necessary!

Tang Yan was stunned.

Although she had also learned some things, she didn't expect the situation to be so bad, and she didn't know what to say for a while......