Now to get back to business, for now, in addition to industrial investment, most of the funds of the Nansam Fund flow to Xiaomo Bank.

In the two years from 2007 to 2008, Citi lost $33 billion, Merrill Lynch lost $26 billion, Bank of America lost $9 billion, and Xiao Mo only lost $5 billion, and in April last year, he also bought Bear Stearns, which was in a desperate situation, for $1.18 billion, which can be called a winner in life.

Even if investors are unwilling to put their money in the bank to eat interest, they can only stop under the dark curtain of the subprime mortgage crisis.

However, this dissipation has ceased to exist recently.

It was one person to blame for this -- Madoff, Bernard. Madoff.

Today, the former NASDAQ chairman, who must be crowned with the title of "the biggest fraud maker in American history", has operated a "Ponzi scheme" that defrauds more than $60 billion.

JPMorgan Chase is Mr. Madoff's depository bank and is suspected of failing to report it.

In the trial of this case, JPMorgan Chase was also pushed into the dock by the victims who suffered heavy losses.

JPMorgan Chase agreed to pay $1.7 billion to the U.S. Department of Justice, $350 million to the Office of the Comptroller of the Currency, $325 million to Madoff's bankruptcy trustee, Elvin Picard, and $218 million to plaintiffs in class-action lawsuits.

U.S. Attorney for the Southern District of New York, U.S. Attorney Pritt. Balala's office said the $1.7 billion was "the largest bank fine ever." "JPMorgan Chase failed as an institution, and it failed terribly," Bharara said. ”

At this point, Nansam's shareholders were agitated and demanded that Nansam Fund cut off any cooperation with Xiaomo to avoid being "implicated".

As for the subprime mortgage crisis, the Dow jumped nearly 240 points after Citi announced a profit of $19 billion in January and February this year, and Bank of America also announced a profit in those two months. It rose for the third consecutive trading day, up more than 600 points.

In the eyes of speculators, the financial crisis is a thing of the past.

Billions of dollars are poised to go.

This is not a small amount, and how to use it must be considered in the long run.

"The current investment environment is very bad, and the global fund organizations have lost trillions of yuan," Li Qingzhe, chairman of the foundation, said, pouring cold water, "No fund is sure of winning, and neither do we." ”

"Mr. Li, we are not against your claim, but we feel that it is time for our money to roll. Now is your chance," said a fat man with a fat head and big ears, raising his big fat hand and hissing in a hoarse voice.

"Paul, how do you know that now is an opportunity, and it will not lead us into the abyss," Li Qingzhe glared at the fat man unceremoniously, "Many people here have handed over all their belongings to me, unlike you, your money in the fund is just a hair on your body......"

"Don't do that. Lee, we've missed the hunting season, and we can't go on like this," Paul cried. "My money is also money, and I won't use it to waste."

"Lee, we're here today to see a fair." Before Li Qingzhe could respond, someone immediately complained, "We are friends." It's a business partner, but you left us behind and ate the apple alone, oh my God, you didn't let us smell any soup. ”

Most of Apple's shares are not so much in the hands of Nansam as in the hands of the Li family, and only a few major shareholders have shared some of the leftovers.

"Yes, our money is lying in the bank and eating interest, eating interest, this is a speculator's shame!"

"Ladies and gentlemen," Li Qingzhe raised his voice slightly, "Jimmy is not piling up our money in the warehouse, it is increasing in value, adding value!" ”

Jimmy. Dimon is the chairman and chief executive officer of JPMorgan Chase, and the Nansam Fund has achieved a 7% return on JPMorgan's commercial investments, which is already a good result.

"Don't mention that bald man, Li, we are a fund, a fund to suck blood!" Even in the industrial-focused Nansam fund, the radicals make up the majority of the seats, and commercial investment is mostly gambling.

"We want apples!" An old man with snow-white hair and teeth that were about to fall out cried out, "We are one and must be treated fairly." ”

……

The so-called shareholders' meeting is really no different from the vegetable market, except that noisy people stand up casually and are rich.

Hee-sung didn't sleep well yesterday, and he was a little drowsy in this lively venue until his cousin woke him up.

"Ahem, this is my grandson," Li Qingzhe said proudly when he saw his grandson stand up: "Apple's investment is his handiwork, you big people, you don't want to snatch children's toys." ”

"That's the decision-maker, a kid, my God!"

"Aha, a singer."

"Who can sue me for this is not true, my son broke his leg last week while racing with someone else, the same age as him......"

Xicheng glanced at the venue, and after it was quiet, he said slowly: "I'm sorry, I fell asleep, I thought it was a feast of wealth, but unfortunately, I only saw a group of dissatisfied old men......"

Everyone in the audience was stupid, and some people couldn't help laughing.

"Ahem, talk well, it's all your elders," Li Qingzhe couldn't help laughing and coughed dryly.

"Well, dear gentlemen," Hee-sung propped himself onto the table, propping up his still-sleepy body, "I know you are in a hurry to make money, and you want to transfer money out of the lawsuit-ridden JPMorgan Chase Bank, but you only see the squalor and ugliness of Xiao Mo, don't you see this as an opportunity?" ”

"Chance, what chance?" The old rascal whistled, "Then the young man said, 'I am optimistic about you.'" ”

"BlackRock, Vanguard Group, and Fidelity International Investment, they have no plans to increase their holdings, and even plan to get rid of some of them, and other large and small funds want to exit the market just like you, haven't you thought about taking this opportunity to enter the market?"

"Oh, that's crazy!"

"Where do you want to go, oil is stumbling, has anyone made money; Microsoft's net profit fell 11% in the second fiscal quarter, and it plans to lay off 5,000 employees. The auto market is losing money everywhere, who can find me a ...... with a decline of less than 20%"

The old guys opened their mouths and were speechless.

"But the United States will not fall," Hee Cheng said, "the new Obama is actively urging the Senate to pass a new economic stimulus package totaling up to $819 billion to save the American economy, the United States will not fall, the banks will not fall, and our opportunity is right in front of us." ”

"819 billion, that's a joke," most of the people present scoffed at, and the campaign was an extension.

"Even half of it is worth our participation, gentlemen, we need the salvation of the American conquest," Hee Sung said with a rare smile.

I don't know when it started, the issue began to change from what to take out the money from the bank to invest in, and slowly changed to whether to take a handful of Xiao Mo and leave, or simply not leave. (To be continued......)