Chapter 365: The King of Wall Street (4)
"I've withdrawn from my plan to continue shorting Europe."
Zhong Shi's words made Paulson and the others suddenly feel inexplicably surprised, "And I have been allowed by the US government, and I will not participate in your short-selling operations from now on." β
"What the hell is going on?"
Paulson was the first to jump out, "If you don't do it, you won't do it, we haven't even heard a word about it before, what the hell is going on?" β
"yes, what the hell is going on?"
Dario was also surprised, although he had expected such a day, but the day would actually come much faster than he had imagined.
As things stand, Italy and Spain are in the middle of a whirlpool, and given the size and importance of their economies, a debt crisis would shake the whole of Europe. At such a critical juncture, Zhong Shi actually said that if you pick a child, you will pick a child. In his opinion, this is a bit incredible.
Although the others did not speak, they all looked solemn, and their eyes were full of questions when they looked at Zhong Shi.
This is London, and after attending JP Morgan's strategy meeting, Zhong Shi summoned a few people to London for the last meeting of the small group.
A few people did not know in advance, and they went straight to London with joy. Who knew that before they could pass the jet lag, they heard such news.
"Something happened!"
Zhong Shi's eyes glanced out of the conference room intentionally or unintentionally, and outside the door, Ivana was holding her elbows with her hands and looking coldly through the glass wall, "To put it simply, the United States and Europe have reached some agreements, and future speculation will no longer be under the command of Washington. At the same time, of course, it loses the protection of Washington. β
"From now on. All speculation against Europe will become private. Because of the peculiarities of Italy and Spain, the European side will inevitably not want to see them shaken up, so if the establishment is to take action against the two countries, the retaliation from the European side will be far greater than before. In addition, for our small group, we cannot shake these two countries with the financial resources in hand. Weigh the two. I have decided to withdraw from shorting Europe. β
"What kind of retaliation will they take?"
Jim. Chanos's eyes lit up, caught Zhong Shi's words, and asked bluntly, "Won't they play according to the rules?" Aren't they afraid that things will get bigger? β
As one of the famous big shorts, Jim. Chanos has been through a variety of experiences during the shorting process, so he is sensitive to this aspect. Coupled with Zhong Shi's sudden exit, it immediately reminded him of those not-so-good memories.
"Far more serious than you think!"
Zhong Shi looked at him deeply and said word by word, "Don't try to challenge Europe's patience. Especially without the protection of the U.S. government. Believe me, the consequences are really serious. β
Since the formation of this small group, several people have never seen Zhong Shi say something so solemnly. Therefore, when they saw Zhong Shi's situation, a chill rose in their hearts.
"I see!"
Jim. The corners of Chanos's mouth twitched slightly, and then he replied with an unnatural expression, "I know what to do!" β
"How?"
Paulson, however, was a little unconvinced, tilting his head and asking Chanos, "Do we have such a big piece of fat?" Can't stop there? No kidding, Jim. It's impossible. β
Paulson's words were echoed by some people, and Ackerman and Griffin nodded in unison.
"You can try!"
Jim. Chanos snorted disdainfully, glanced at Paulson with contempt, and said, "If Ireland and Greece are just itching for ringworm, then Spain and Italy are the pain for the EU." Use your brain to think about it. If you really shake the foundation of the euro, I don't know how many people will fight with you! β
As soon as these words came out, Dario suddenly showed a thoughtful expression.
Except for Bill, who did not attend the meeting. Outside of Gross, several people were clearly divided into two factions because of this incident.
Pacific Investment Management's internal friction in recent days has shown a particularly serious trend. Gross is the company's founder and biggest investment officer. But under the increasing pressure of other management, it has gradually lost its right to speak. In this case, in order to save his life's work in vain, Bill. Gross was so focused on fighting other shareholders that he had no time to attend such a meeting.
"If they mess up again, will they be able to go beyond the scope of the law?"
Paulson was obviously not convinced, he had already made a lot of money in the European debt crisis and related commodity futures, currency and other transactions, and it was obviously impossible to give up at such a time, and when he stalked his neck, he said unconvinced, "I want to see what means they have, dare to threaten to kidnap an American citizen?" β
"At most, our future methods will be more standardized, try not to touch those gray areas, and not be caught by them!" He continued, "As long as it meets the norms of their market, I don't believe they have any other means to threaten us." And there are so many institutions in the market that are short in Europe, is it possible that he intends to punish them one by one? β
"I don't know about anyone else, but for you, Paulson, it's a very likely potential target!"
Jim. Chanos shook his head helplessly, sighed, and said, "Do you think they didn't notice what we were doing?" The tracking of Bridgewater's London institutions is a stark warning. Maybe there was a government before, or maybe they didn't catch our sore feet. In short, we have not been warned or taken further steps so far. But all this does not mean that Europe will not take the next step. β
"Also, don't be naΓ―ve enough to think that Europe is going to settle accounts with all of us, as long as he grabs an institution and punishes him severely, he will be able to achieve their goal of killing chickens and monkeys. And which agency to choose as the scapegoat depends on their mood. Every one of us here has the potential to be targeted. In particular, those institutions or individuals who have great influence in the market are in extreme danger. β
At this point, his gaze fell on Paulson, intentionally or unintentionally.
"Hehe, who have I been afraid of?"
Paulson didn't have the slightest emotion of fear, and he didn't feel any fear at all. Chanos dismissed his statement and just sneered. "Let them come. I'm going to assemble the best lawyers in the U.S. and even Europe to confront them. It doesn't matter, even if I lose in the end, it's a big deal that I just give up all the profits. β
"Jim, as one of the world's most famous big shorts, why are you still as timid as a mouse at this time?"
Soon, he turned to Jim. Chanos began to tease, "It doesn't matter if it's the United States or Europe." The situation is all the same. What I didn't expect was that you were scared at this time. Logically speaking, when you were short Enron, I still admired you a lot. But now, that's just the case. β
"Stupid thing!"
Jim. Chanos gritted his teeth with hatred in his heart, cursed secretly, and was about to open his mouth to refute, but his eyes rolled. The thought of a man who could subdue Paulson immediately led the conversation to Bell Stone. "You don't have to provoke me, these tricks are too low-level to do anything for me. If you continue to be stubborn, I suggest you convince Mr. Chung that he advised us to abandon shorting Europe. β
As soon as his words came out, everyone suddenly realized. Finally grasped the key point of the quarrel.
However, against Bellstone, Paulson did not have a relationship with Jim. Chanos had the courage to quarrel, he looked at Bell Stone and muttered for a long time speechless.
"Logically speaking, I shouldn't have revealed this!"
Cleared his throat. Looking at the people who were looking forward to it, Zhong Shi stood up and said solemnly, "But since everyone has fought together and been given up by the U.S. government in silence, I think it is necessary to remind you." If you don't believe me, I can't do anything about it. β
He shrugged his shoulders and continued, "According to my intelligence, Europe has found a master and is ready to retaliate against speculative institutions around the world. It is reassuring to everyone that the European side, at least so far, does not intend to retaliate against us by illegal means. But in the market, they will somehow fight against us. If Europe was a fat pig to be slaughtered, now they are wild boars with fangs and ready to attack the enemy. β
"If it's not a counterattack by human means, but a loss in the market, will this prevent you from continuing to attack Europe?"
At this point, Zhong Shi's eyes wandered over the bodies of the crowd before finally falling on Paulson.
"This ......"
Paulson scratched his head in embarrassment, and only replied after a while, "If it was a loss of money, then of course I would not continue to stare at Europe, and I would definitely not do such a thankless task." β
"But I still have some questions, the European side has invited a master, who is it? Is there anyone in this world who is more clever than you? As long as you are here, although it is impossible to win every battle, at least you will not lose to the so-called European master! β
After several years by Bellstone's side, Paulson had come to regard Bellstone as a god of war. So when he heard Zhong Shi's words, he jumped out and refuted it very unconvinced.
"That person is me!"
To everyone's shock, Zhong Shi pointed at himself and said with a smile, "The master found by the European side is me!" β
As soon as the words came out, all four were shocked.
"What?"
"It can't be!"
"Mr. Zhong, how could you ......?"
β¦β¦
Seeing the undisguised expression on Zhong Shi's face, several people felt a burst of disbelief at first, but soon realized that this was not a joke, and blurted out at the moment.
"I see!"
Without waiting for Zhong Shi to answer, Dai Lio suddenly thought of something, his whole face was like ashes, and he said with a long breath, "I see, no wonder you gave us such a warning." Hey, Mr. Zhong, I really owe you a lot of favor this time. β
Jim. Chanos came to his senses, stood up, walked up to Zhong Shi, and gave him a strong hug.
"What the hell is going on?"
Paulson still didn't know what was going on, and kept asking Zhong Shi, "Mr. Zhong, what happened, why did you suddenly do things for Europe, this is ......?"
He was halfway through his sentence when he suddenly stopped. At this moment, he also understood.
"I've already chosen the goal, and I'm already implementing it!"
Zhong Shi smiled, seeing the changed faces of everyone, he couldn't help but explain more, "Don't worry, it's not any of you." But if you don't feel at ease, you can wait a little longer, and I'm sure you'll know what's going on in three months to six months. β
After listening to Zhong Shi's words, everyone didn't speak for a long time. None of them had confidence in Bellstone's words, and in this case, they had to think carefully about the outcome of confronting Bellstone in order to short Europe.
"Well, are you still planning to short Europe?"
Seeing Paulson's unwillingness, Zhong Shi added, "I have broken the agreement on the European side and privately revealed this news to you, just because I don't want to see your hard-earned profits and send it back for nothing." β
The corners of Paulson's mouth twitched twice, and he smiled wryly, unable to utter a word. (To be continued.) )
PS: Thank you to the book friend Liu Yingjie, the feet by the river, the illusion rampage, start from listening, the fish that slipped through the net 0458, and 8254814 voted for the monthly pass! Thank you for your continued rewards 150221224347678! I'm sorry for the delay yesterday and didn't have time to write.,In addition, because there is a recommendation today, it's not good to post irrelevant content, so I put the pigeon...... I thought about it for a long time two days ago and finally thought about some theories clearly, and I feel that this recommendation is a little sudden and a little unexpected, and the author also adjusts the state as soon as possible, come on, thank you for your active support, and I hope to get more attention from book friends~