"The Wall Street financial turmoil has spread to the present, which has led to the collapse and bankruptcy of hundreds of small and medium-sized investment institutions and investment banks. www.biquge.info In recent times, the most notable one has been Citigroup First Group, which has dominated the front pages of the financial sector for a long time in the past two months. Just half a month ago, Citigroup occupied the first place in the first phase of the rescue list and financial assistance details released by the federal government's Treasury Department and the Federal Reserve, receiving a total of $120 billion in aid from the government. At the same time, the Treasury Department also decided to authorize Citigroup's $300 billion subprime debt and junk bond limit credit guarantees, which led to a bottoming out of Citigroup's stock in the middle of the month, and investors were optimistic that they were optimistic about Citigroup's prospects in the near future......

The CNN reporter spoke to the camera, and on the big screen behind him, the route map of the stock market was clearly displayed, which was filmed in real time on the New York Stock Exchange.

However, just when the reporter finished saying the above words and wanted to summarize and summarize, he found that the colleague carrying the camera in front of him suddenly showed his big mouth in shock, and the camera in his hand involuntarily slipped to the side without paying attention, and his eyes were staring at the big screen of the stock market, and his mouth made a meaningless hissing sound.

"Joe, what's wrong with you? We're on the air!" the reporter asked, a little puzzled, and at the same time followed his line of sight and glanced back.

Just such a glance made his eyes unable to open anymore, because at that moment, the stock price of the financial sector, which was originally specially displayed by the stock market exchange, suddenly changed shockingly.

"What's going on?"

"Oh my God, is it another stock market crash?"

"My money, give me a deal quickly, sell all the financial stocks in your hands, ...... quickly"

No one cares about the reporter's surprise anymore, because almost everyone in the stock market is frantically selling the stocks in the financial sector they hold, and they are afraid that if they do not sell in time, they will lose money in their own hands. From the beginning to the end, no one could say why, everyone was full of doubts, and at the same time, they did not dare to stop selling stocks in their hands.

In the office area of the stock exchange, there is also a group of stunned traders, looking at the trading records displayed on the screen, the continuous short orders of more than 10,000 or even hundreds of thousands of hands, simply blinded their eyes.

"What the hell is going on?" Cousins, the chairman of the stock exchange, who was originally on the side of the Morgan consortium and helped deal with Rockefeller, was also stunned, he couldn't figure out who was targeting the Rockefeller consortium anyway, who was it?

"Mr. Cousins, we're in big trouble. A stock exchange executive hurriedly pushed the door in and said anxiously.

Cousins wiped a cold sweat from his head and yelled, "Who the hell is targeting us, damn it, are all federal regulatory bills eating shit?!"

"Sir, it's useless to say anything now, just now we monitored more than 200 accounts, all of them have abnormal behavior, and a lot of abnormal accounts have been added, and they have thrown out about 2 million short orders at the same time, involving more than 5 billion US dollars. The marketing director was simply stupid by this scene, you must know that Citigroup, in particular, has obviously started to rise recently, and once touched the ceiling of the psychological price of $30, taking 100 lots as an example, it is close to $300,000.

These two million lots, if you don't use any financial leverage to short Citi, then the principal will be as high as 6 billion US dollars, of course, the other party is not all invested in Citi. This time, all the companies that have intersections with the financial sector have been shorted.

Obviously, the opponent has made up his mind to take advantage of this time to fish in troubled waters.

"But who is it? Aren't they afraid of losses when they maliciously suppress the financial sector like this?" Cousins was a little puzzled, he wondered, because if you are short, you must have visible profits, otherwise it involves a huge loss of funds, and no one can accept it.

At present, although the financial sector has been seriously affected by the financial turmoil on Wall Street, a large number of small and medium-sized companies have gone bankrupt and collapsed. But on the whole, after the federal government and the Federal Reserve introduced rescue measures, the entire stock market has slowly begun to recover, and market investors have also regained some confidence, as long as the rescue funds are in place, this turmoil may be over.

At this time, shorting the financial sector of the stock market can be called a stupid act, it is simply giving money to investors, if the other party does not have hole cards, then they will definitely be a group of fools.

Rather than believing that a consortium that can come up with more than $5 billion is crazy, Cousins should believe that he is a fool, because no one will throw away dollars at will, thinking of this, he immediately issued his own order to the supervisor, "Inform the federal government of this news immediately, maybe a new round of malicious speculation has begun, we need their help, immediately investigate the details of these accounts, and at a critical moment we must use special means." ”

In 2007, malicious short-selling was still a prudent term for the U.S. securities and stock market market, because consortia often do this, and even insider trading and the like are not a big deal, and they do it all year round to make profits.

However, involving billions of dollars and suddenly bearish on the entire market, coupled with the tens of billions of bearish orders that Orange Technology has clearly placed, this scale of nearly 20 billion US dollars still makes Cousins feel uneasy, after all, the opponent made such a move at this time, is it the last crazy fight, or is it a precursor to a decisive battle with confidence?

But what he didn't know was that this was just the beginning.

No one knew that in just a few minutes, in many parts of the world, more than 1,500 traders and financial experts were standing in front of their computers, putting considerable sums of money into the US financial market......

"I'm going to make the entire U.S. financial community bear a short order from one-fifth of their market capitalization in one day!"

Standing in front of the huge floor-to-ceiling windows on the top floor of the 73rd floor of the Commonwealth Bank Building, Li Mubai was full of pride.

Beside him, Bank of America President Lewis and Senior CEO Brian Moynihan are his left and right hands, this time speculating in the stock market, shorting the financial sector due to the huge amount of funds, so it is divided into five investment centers, one in New York, one in San Francisco, one in Los Angeles, one in Europe, and one in Asia.

The five points hold a total of more than $700 billion in funds, and according to the plan, they will invest about half of the first three days of the stock market, bearish on the stock prices of all financial sectors at all costs, and will continue to invest funds in the future to wear down the strength of opponents.

After all, the total market value of the US financial sector alone is trillions of dollars, and the consortium is not willing to admit defeat, and it will definitely spend huge sums of money to save the situation in the later stage.

"Sir, JPMorgan Chase & Co. and Morgan Stanley reacted by holding a joint press conference announcing that the company would immediately use the special funds in the stock market to redeem it, and warning us not to go overboard or we will be sued. Lewis was a little nervous because even he, as the de facto head of Bank of America, had not managed so much money to invest in a short period of time.

After hearing this, Li Mubai shook his head, "What is there to worry about? Is there any violation of federal laws in our behavior? No, let them sue if they are happy." And we've dealt with all the financial companies, don't you notice that the stock price of your target, Merrill Lynch, is slowly falling from $29 to $26?"

"But I'm worried that doing so will completely disrupt the market, after all, the enemy we face this time will be the entire American financial industry. No one will choose to compromise with us under the interference of the consortium, they have an almost endless amount of money and federal credit guarantees, and if we rashly invest so much money, I am afraid that we will end up with unimaginable losses. "Brian Moynihan also felt a little incredible.

With more than $100 billion in funds in the hands of the Los Angeles Center alone, he can't imagine what kind of tragic outcome the California consortium will face if it fails in this stock market speculation, perhaps it will not be Merrill Lynch that will be acquired, but the latter will take the opportunity to buy Bank of America.

"What are you worried about, the Morgan consortium and the Rockefeller consortium are already unable to protect themselves, and they still want to resist? Don't you all watch TV?" Li Mubai smiled confidently, which made the hearts of the two of them overflow with monstrous horror, his target turned out to be two American consortiums?

Isn't he worried that the latter will bypass financial means and use the power of the federal government to intervene in the stock market directly?

But before the two of them could speak, on the TV turned on, news appeared that shocked the whole United States.

In fact, the US Congress is still reluctant to deal with the conglomerates, especially the backroom conglomerates that support their entry into the Legislature, which will embarrass them, and even cause some unfortunate people who cannot see the way to lose their lives for this.

But in the face of evidence that is so clear that it could not be clearer, unless each of them is a person raised by Morgan and Rockefeller, unless every one of them is blind, they can only compromise.

Fortunately, although Morgan and Rockefeller are in the top three in the United States, they cannot control all aspects of the country after all, especially when the two consortia are completely separated, they are even more unable to exert their full strength.

The MPs who are close to the two consortia do not make up the majority of the parliament, and although they will choose to compromise in most cases, this time, they do not dare to express their opinions easily. Whether they are bought or intimidated, or the righteous parliamentarians make a big deal and firmly control the right to speak in the parliament.

After three hours of closed-door consultations, the parliament formally voted on a number of accountability proposals for Citigroup's involvement in illegal asset transfers, embezzlement of investors' legitimate gains, false reporting of business income, and tax evasion, ruling that Citigroup and the 12 large funds behind it violated U.S. law, and authorized the president, the U.S. tax department, and the economic investigation department to conduct an investigation.

At the same time, the parliament also set up a joint investigation committee with the participation of a number of senior members of the two Ds, aiming to thoroughly investigate the authenticity of Citigroup's exposed inside information.

"We agree that Citigroup's actions are shameful, and that they have chosen to conceal the federal government, misrepresent the number of net assets, and secretly transfer high-quality assets to the interests of legitimate investors at a critical time, and we will launch an investigation into Citigroup for at least two years on these issues. During the investigation, we will terminate all rescue agreements with Citigroup and take a look at the details of all Citigroup's transactions over the past three years......" The spokesperson of the parliament later in the press conference formally stated the intention to launch the investigation.

Once Citigroup's bailout funds and credit guarantees are cancelled by the federal government, it will be another supergiant involved in the crisis after Bear Stearns and Lehman Brothers.

"What laws did Citigroup break that allowed the federal government to change its policies in a short period of time? "A dead journalist turned the subject directly to the question of whether there was a behind-the-scenes deal, which of course went unanswered.

But when they saw the dignified parliamentarians coming out of the parliament, all the media reporters clearly knew that a big change that changed the entire federal financial industry had arrived!

A little later, the federal tax department drove into Citigroup's headquarters in armored vehicles and fully armed, seized all the group's ledgers, and began the long clean-up work. At the same time, the parliamentary investigative committee issued interrogation notices to 183 Citigroup executives involved in the case, as well as the heads of 12 large foundations and finance companies behind them.

Affected by this, the stock market, which was already in a back and forth, immediately saw a large-scale decline, and if it were not for Morgan and other companies in the overall consideration, funding to save the market, then it is likely that the stock market would have plummeted on the same day. But even so, the financial sector of the stock market as a whole still fell 2.1% on the day, and the market value evaporated in a single day exceeded nearly 100 billion US dollars in total assets.

In particular, Citigroup is the most terrifying, its stock price fell from $29.65 to $21.07, which was once close to $30, and once it was the final bottom line of $20, everyone knows that once Citigroup's stock price falls below $20, then a new round of stock market crash will come.