Chapter 389: Regulatory Storm

"That's all they have to say!"

With a "snap", Zhong Shi turned off the tape recorder and asked the two solemn-looking prosecutors, "Can these things be used as evidence that they are manipulating the interest rate market?" ”

Neither prosecutor spoke, and very tacitly set their eyes on the expressionless German female chancellor.

This is the official residence of the German Chancellor. After obtaining evidence of LIBOR manipulation through Jiangshan, Zhong Shi contacted the German female chancellor through Ivana's connections, asking for a report on this major discovery.

The meeting was arranged in her official residence, accompanied by two other senior prosecutors from Germany in charge of the economy, who were in charge of legal matters.

"I heard that the reason why you intervened in this matter is for the Huaxia government?"

After a long silence, the German female chancellor asked, "Huaxia Investment Bank is going to issue a $20 billion bond in the near future, but it is said that during the preliminary preparations, some irregularities were discovered. So I prompted you to investigate this time, and I said all this right? ”

She didn't answer Zhongshi's question, but asked about the other party's motives. Although he couldn't figure out her intentions for a while, Zhong Shi obviously felt that it seemed that the other party didn't want to get involved in this matter.

Although Zhongshi helped the European side to punish JP Morgan severely, international capital does not seem to have much restraint and is still unscrupulously singing about Europe, which makes Merkel feel quite annoyed. What hurt the pond fish was that she was also quite dissatisfied with Zhong Shi's "not doing his job".

At this time, she expressed her dissatisfaction implicitly.

"Yes!"

Zhong Shi admitted it very calmly, without the slightest intention of concealing it. He knew very well that all this should be told by Ivana, even if he didn't admit it, it would be useless, "But as the whole thing develops, I think this matter can be used by us." ”

Originally, he just wanted to do Huatou a favor, but as the investigation deepened, he found that more and more banks were involved in the LIBOR interest rate manipulation case, and when he found out that there were even some American banks among them, a huge plan gradually took shape in his mind.

"Oh, how can it be used by us?"

Hearing Zhong Shi's answer, the female prime minister's face showed a trace of curiosity, "If the whole thing is exposed, then these banks will have two consequences, one is to be collectively punished, and the other is to be collectively pardoned." So in what way do you think the whole thing can be used by us? ”

"You're right, the whole thing doesn't seem to be exploited!"

Zhong Shi shrugged his shoulders and said nonchalantly, "But the core figure of this manipulation group is the one named Tom. Hayes guys, we can get him to direct certain agencies out, or we can get some institutions out of the way. ”

"And our ultimate goal is to get more American agencies involved in this manipulation case, and even if they will not be charged with the manipulation case in the end, the European side, which has obtained the search power, can use this opportunity to take a good look at their details and see how many of them are involved in the operation to empty Europe."

"With this evidence, we can be prepared, have a lot of room to maneuver, and even coerce them into doing something at some point. Even if there is no way to sanction them in the end, it will at least cost them a lot of money. ”

"Also, the whole thing definitely has European banks involved. Take this opportunity to check if there are any ghosts inside. If there is an inner ghost, then quickly cut through the mess and clean it up thoroughly. If not, it is just right for them to 'turn themselves in' as soon as possible to avoid greater punishment. After all, once the matter is exposed, not only European regulators, but also American regulators will join in. ”

"In that case, do you think it will help our operations, and will it be considered useful to us?"

After analyzing so much in one breath, Zhong Shi finally summed up with his hands outstretched, "In a word, this matter has benefited us a lot. ”

"But I have another choice, and that is to choose not to punish these institutions, even those in the United States!"

The female prime minister smiled, and was not moved by Zhong Shi's words, but said indifferently, "Even if there is manipulative behavior, then I just need to secretly inform them not to do similar behavior again." Then everything will be fine. ”

Contrary to Zhong Shi's way of thinking, the first thing that a female prime minister thinks about is the safety of European financial institutions, and although this incident is unlikely to hurt them, the negative impact of the whole incident on the European financial industry is too great. So her first reaction was not to sanction these institutions that did not follow the rules, but to turn a blind eye.

As she said this, the faces of the two prosecutors who had been watching showed a deep look of disappointment.

However, since they can be summoned by the prime minister, it shows that at least in terms of political position, they are inclined to the side of the female prime minister. So even if they know that there is such a thing, although there is a suspicion of violating professional ethics, it is still possible to choose to turn a blind eye in the end.

"That's ......"

Zhong Shi shook his head in disappointment and sighed, "Fortunately, I was prepared, if you don't plan to do anything, then the relevant documents will be transmitted to the regulators in the United Kingdom and the United States very quickly." In addition, the world's major media will also receive the relevant documents, and the whole thing will be exposed to the world at that time. ”

For Zhong Shi, the Germans were using him, but he was not using the Germans. If the Germans are not willing to fall into the trap, then he will have to "go about his business".

"You're a kind!"

Anger suddenly appeared on the face of the female chancellor, she stared at Zhong Shi coldly, and said in an unkind tone, "Don't forget, I am the chancellor of Germany, and I am not threatened by anyone. ”

"But I didn't threaten you!"

Zhong Shi did not show panic about the female prime minister's sudden anger, but shrugged his shoulders slightly and replied calmly, "This is not a threat at all. I'm not brain-dead enough to threaten you. Now I'm here to talk to you about it as a partner. If you're not willing to do that, then I'm sorry, I'm looking for other collaborators. ”

"According to you, there is no room for manoeuvre?"

Although he strenuously denied it, in the eyes of the female prime minister, such behavior is undoubtedly completely provocative. But after careful consideration, the female prime minister sadly found that she had no way to do anything to Zhongshi, and there was no way to prevent this matter from being exposed, and all she could do was to get the most out of this matter.

She quickly changed her attitude and asked the two prosecutors: "If the whole thing is exposed, does the regulator have the power to intervene in the investigation, and what is the worst outcome?" ”

After a glance at each other, an older, bespectacled prosecutor finally replied: "Mr. Prime Minister, this incident happened in London, and the British regulatory authorities have the power to investigate it." In addition, because it happened in the plum garden market, the US Federal Reserve also has the power to investigate it. What is certain is that if the whole thing comes to light, the regulators in both countries will definitely not sit idly by. ”

"As is customary, such a lawsuit would end up with a hefty fine and settlement, with several traders being sentenced. However, it is not excluded that some banks will be permanently excluded from the list of LIBOR quoting banks. It depends on how well the whole thing evolves, although it's less likely. ”

"Personally, I think that this gentleman's suggestion can be considered!"

He pointed to Zhong Shi and said, "The sooner we grasp the relevant developments, the easier it will be for us to steer the situation to our advantage." ”

"So the whole thing is better reported by Deutsche Bank to the regulators in the UK or the US?"

After thinking about it, the female boss waved her hand and said to Zhong Shi, "The whole thing is up to you." I'll ask the German side to cooperate with you and see what the outcome will be. In addition, I will be kept informed of the progress of the situation, and I will see how much of a result this turmoil will end up with. ”

Since she couldn't stop it, she just let Zhong Shi operate it, after all, it was more appropriate to let the other party take over this kind of thing.

"No problem!"

Zhong Shi readily agreed, and then he looked at the two prosecutors, and stopped talking.

Keenly catching Zhong Shi's move, the female prime minister waved her hand and asked the two to step back first, before asking, "Is there anything else you need to add?" ”

"No, no, it's another thing!"

Zhong Shi's expression became cramped, he rubbed his hands vigorously, and after a while, he mustered up the courage to ask, "Mr. Prime Minister, is the EU planning to implement the QE policy?" ”

Policies like this are undoubtedly the EU's top economic secret. Except for a small number of people who know about it, it is impossible for the rest of the world to know. Of course, economists can make guesses based on the economic situation.

"Why do you say that?"

The female prime minister's face was as usual, and she asked a faint rhetorical question, but her heart was like a storm, because just last month, when European finance ministers held a meeting, they tentatively discussed the possibility of implementing QE. But in the end, finance ministers agreed to discuss the issue again at the next summit, because it was too early.

That said, there is a consensus within Europe that it is only a matter of time before QE is introduced.

Now all this has been broken by Zhong Shi's words. The German chancellor did not expect someone to leak secrets, because it was impossible. What she thought was that Zhong Shi had judged it herself based on the current economic situation, and she was quite shocked by this amazing predictive ability. (To be continued.) )