From June 2oo5 to May 2oo7, the US Federal Reserve raised interest rates 17 times in a row, raising the federal funds rate from 1% to 5.25% in two years. The sharp rise in interest rates has increased the burden of mortgage repayment on homebuyers, and the U.S. housing market has begun to cool significantly. As housing prices continue to fall, it is difficult for buyers to sell their homes or obtain financing through mortgages.

As a result, many borrowers in the subprime mortgage market were unable to repay their loans on time, and the crisis in the subprime market began to emerge and intensify.

To add insult to injury, as the crisis in the U.S. subprime mortgage market has spread to other financial sectors, banks have generally chosen to raise interest rates and reduce the number of loans, leading to a looming liquidity crisis in the world's major financial markets.

Since the subprime mortgage crisis broke out in August 2oo7, it has had a great impact on and damaged the international financial order, caused a strong credit crunch effect in the financial market, and exposed the systemic financial risks accumulated in the international financial system for a long time. The financial crisis triggered by the subprime mortgage crisis was the most severe financial crisis in the United States since the "Great Depression" in the 30s of the 20th century. The subprime mortgage crisis, which originated in the United States, is spreading around the world, and the global financial system has been heavily affected, and the crisis has hit the real economy. Asia as a whole has also been severely affected by the subprime mortgage crisis.

Even though Jin Guofeng had been mentally prepared for a long time, he still did not expect the economic crisis to come so quickly, and the impact on the financial market was unpredictable, which increased investors' worries about the financial market.

In the conference room on the third floor of the investment company, Henry Kim was sweating profusely to sort out the materials, even though they had been prepared, but they did not expect that several major banks in South Korea had purchased a large number of secured debt certificates (CDOs), and the value of the billions of dollars held by several major banks continued to depreciate due to the continued deterioration of the US market.

"Because we have been prepared, the loss in the financial market is not large, but the loss of the bank funds purchased in order to balance the income is very large." Kim Henry reported the situation in a cold sweat.

He never imagined that the bank would be so crazy that it would dare to use the Treasury bond fund to invest in the United States' secured debt certificates, so as to bring such a big loss.

"Okay, I already know the process, let's talk about the specific numbers!" Jin Guofeng interrupted his speech with some gaffes, he was called here urgently, and he had not heard a specific loss figure so far.

"The general loss is about 30 billion won, and the specific loss will not be known until the fund sells, plus the losses in some European and American markets, there will be a loss of about 50 billion yuan." Henry Jin's volume is getting lower and lower, and he would not have suffered such a big loss, but he can only be blamed for being carried away by the good news some time ago, so he increased the proportion of high-risk investment.

"First of all, tell me how much money I have given you during this time, and what is the reason for this loss?"

At this time, Jin Guofeng's tone was still very cold, it was useless to be anxious at this time, the most important thing was to summarize the reasons at this time, not to mention that he could afford to lose the money, so as not to damage too much vitality.

"Since I took over, one has received 80 billion funds, plus the profit some time ago, and now has a total of 110 billion funds." Henry Jin was very glad in his heart that he did not get dizzy and went all out to invest at the most critical time, allowing him to retain the small profit he made some time ago.

"So, some time ago, you have already operated more than 150 billion funds?" Shaking his head, he really didn't expect that the other party would be able to keep so much money in this situation, and as for those losses, they were comparable to his profits, after all, it was beyond the expectations of any institution to have such a big impact, so he couldn't complain about Henry Jin's failure.

"Now that things are like this, all you have to do now is try to minimize the damage, and then I don't need to say what you should do."

After Jin Guofeng finished speaking, he stared at the other party with straight eyes, wanting to see if the other party could keep a clear mind and make a correct decision at this juncture.

"I've already arranged for people to sell their funds, hoping to sell them before the banks close, and then I'm ready to go all out to short the market."

Seeing that the boss didn't have the slightest fire, Henry also began to calm down and said his decision.

"Let's stop for a moment, I think the market is a bit dazzling right now, what if the government goes all out to save the market? Let's wait and see. ”

"Boss's decision is relatively stable, so I'll temporarily observe the market's reaction to decide on subsequent investment."

Henry patted the boss's ass a little, in the investment market, he has always been a hero who wins or loses, and he lost about 50 million US dollars this time, and he doesn't know what the boss will do with him later.

"Although there are wins and losses in the investment, but your investment decision this time is too reckless, all the staff involved in this investment will deduct all the bonuses this year, and send me the relevant documents of this investment, I want to take a look."

Since there was not much loss, but the wind could not last, he still deducted the bonuses of the entire relevant personnel, and he was kind-hearted without dismissing a few people.

Because of the bank's investment mistakes, the majority of the people even put the college entrance examination that they are most concerned about, which is the most fundamental thing for all the people.

Due to the government's delay in providing a solution, the entire market has doubts about the bank's ability to operate, and the public has lost trust in the bank.

Immediately, several participating CDO investment banks immediately faced a run, even though the banks continued to come forward to refute the rumors, but no one believed it at all, everyone was worried that they would be late and their hard-earned money would not be able to be withdrawn.

In order to stabilize the Dìng market, the Blue House immediately decided on a policy and at the same time put a large amount of reserve funds and reserve dollars into the market to restore the trust of citizens in the bank.

Park Fengxiu looked at the few people below with a pale face, he never expected that there would be such a loss in his investment, which made him prepare for the big war that was about to start, and what money to give to the brothers below.

How to let the brothers below go out and fight hard without money, and what to do with the brothers who are injured without money? What about the brothers who have no money to be arrested by the police station?

"How much money do I have now?" The following people were all hired by him to be in charge of investment, but he didn't expect to be affected by the crisis in the United States this time, which made him suffer heavy losses.

"This..." The middle-aged man took out a handkerchief and wiped his sweat all over his head, and said nothing in his mouth.

He has long been clear about the bottom line of the boss in front of him, and he is worried that if the other party knows that all the money has been lost by the bank, he is really worried about whether he can get out of this door today.

"Don't say it yet!" Park Fengxiu was furious, and the cup in his hand smashed on the other party, and he didn't hurry to explain the situation to himself at this time.

"Yes, yes, yes, it's small, I'll say it right away・・・・・・," the middle-aged man could only tremble and explain the situation, and kept praying in his heart that the other party would see his previous merits and let himself go this time.

"Ah, you dog mongrel..." Park Myung-so heard the other party say that he didn't have a penny left, so he immediately walked over in anger and beat up.

"Throw him out of here, I don't want to see him anymore." After venting it, Park Fengxiu naturally regained a little bit of reason, knowing that he couldn't kill the other party at this critical time, so he naturally could only vent his anger and not see the other party.

At this time, people who have the ability to participate in the company's election are being stared at, in case someone shows up to kill someone at this time, they will naturally find evidence to let themselves be arrested by the police or run away abroad, and completely lose their competitive position.

"Brother, what should we do? If it weren't for the presidential election this year, and the company postponed the election date, what would we be able to compete for? Park Hee-so looked at his brother a little bewildered, he didn't expect this kind of thing to happen at this time, and he didn't have a lot of money in his hand.

"Don't panic yet, we still have some time, I'll see if we can raise some money." Park Fengxiu naturally knew that he couldn't panic at this time, but he didn't have any good ideas, so he could only think about it slowly.

"Brother, do you think we're going to ask our father for help?" Seeing that his brother was not panicking, he also slowly stabilized, and naturally began to turn his brain to help his brother find a way to solve this problem.

"Not yet, my father doesn't have anything to do at this time, so I'll figure out a way." Park Fengxiu shook his head, he didn't have the face to go to his father at this time, so let's think of a way for myself first.

・・・・・・

The Jiangnan Dance Practice Studio is about to be assessed before the competition, and the members are very nervous, and they don't want to be at the bottom, so they can only spare their spare time to strengthen the practice time, but they are suffering from those female dance partners.

"You know what? Recently, there has been some chaos outside, and the bank's investment has made a big mistake, and many people who participated in the bank's investment have suffered heavy losses! ”

Zheng Junhe said with a nervous face, he is the most enthusiastic about private financial investment among the members, and he often invites everyone to invest together when he is fine.

"yes, I've lost a lot of money too." Lu Hongzhe looked worried, the money he had finally saved was lost this time, but fortunately, he was worried that the risk was too high, and he didn't invest too much, so it wouldn't hurt his bones.

"I have long asked you not to be too greedy, just play a good show with peace of mind, and don't participate in those messy investments." Liu Zaishi heard that Brother Junhe and Hong Zhe both had losses, so he naturally talked about his life dogma again, asking them not to be too greedy.

Jin Guofeng sat quietly on the side, looking at everyone with a wry smile on his face, this money still made Brother Zai Shi unhappy, don't talk about your own affairs, so as not to scare everyone.

ps: I saw a message from a book friend today, and I would like to explain a few words to you. The protagonist is still very young, so he naturally has to go through various things to grow up, and I think that only after experiencing complex feelings will I treat every relationship sincerely, and I designed the death of the protagonist's parents with this consideration.

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