Three days later, Alan. Schwartz realized that things were getting worse, something out of his reach. Under these circumstances, he urged the company's board of directors to convene an emergency meeting to discuss how to resolve Bear Stearns' current predicament.

There are two exciting news circulating on Wall Street, one is the rumor that Bear Stearns is in a liquidity crunch, and the other is that Bell Stone has been sued by the SEC for insider trading.

Generally speaking, news of being sued by the SEC for insider trading is never to be compared to the troubles of a giant like Bear Stearns. But this time, because the identity of the protagonist has a lot of origin, it is even more sensational than Bear Stearns's news in a certain way. Soon, the newspapers in the past few days were full of Zhongshi's news: born in mainland China, started in the financial market, and was involved in the heavy turns of the British pound, London copper and other markets, and there were even rumors that there was a black hand behind the depreciation of the Mexican peso, and he was only a teenager at that time.

The financial genius then moved his family to Hong Kong and studied in the United States. While at the University of Chicago, he wrote the paper that laid the foundation for today's credit default swap market, and shined in the Asian financial crisis, successfully sniping the attack on Hong Kong by international speculators led by Soros.

After nearly a decade of silence, this outstanding investor made a high-profile comeback the year before last and announced a part of his net worth, and it is said that his net worth has entered the top five in the world. The most surprising thing is that in addition to his high-profile appearance, there was a shocking "non-withering fund collapse incident" in the US capital market. Although there is no evidence so far to confirm the connection between the two, the astonishing coincidence of time has to make one think deeply.

Although the billionaire has been charged with insider trading by the SEC and his bail has reached a staggering $10 million, no word has been revealed so far on which deal Mr. Jongshi was involved in and how much money was involved. But sources say that billions of dollars are involved in these deals. Regardless of whether Mr. Zhong Shi is ultimately found guilty or settled, it will be the largest charge against an individual or institution in the history of Wall Street.

In Bear Stearns' top-level office dedicated to board meetings, a group of pot-bellied directors are flipping through the latest newspapers and engaging in lively discussions about Bell Stone, which has been dominating the headlines lately.

"God, is this guy really that rich?" A director in a light blue suit put down the newspaper and subconsciously touched his head. It was only when the palm of his hand touched his forehead that he remembered that his hair had almost fallen out, and he had to awkwardly pat his forehead instead, and pretended to exaggerate and sighed, "We old guys have struggled all our lives, and it is more accurate to say that others have earned more from an insider trade, or more punishment." I swear in God's name that this guy must have done illegal trading, otherwise he wouldn't have made that much money. ”

"Come on. Hunter, put away your pretense! Another director, dressed in a dark black suit, chuckled, the look of disdain on his lips unmistakable, "Speak as if you were poor." But who doesn't know that the dividends on stocks over the years alone are enough to ensure that you have a worry-free life in the future. If that's the case, why care about what happens to others? Hell, no matter how much it is, it's just a bunch of numbers. ”

Although Zhong Shi's wealth is extremely eye-catching, how many people can sit in this conference room are not worth more than 100 million? And after the money has accumulated to a certain extent. It's really just a number on the books. In fact, the people sitting in this office have at least 30 percent of Bear Stearns stock on hand. There are also a few directors who attend the meeting online, and their shares on hand have reached an astonishing 45%, and they have to take a large part of the dividends from Bear Stearns stock every year, so they will naturally not be short of money.

As for insider trading, although not everyone has experienced it, it is a gray transaction that takes advantage of legal loopholes. Everyone here has been involved to a greater or lesser extent. So in the eyes of most of them, Zhong Shi's news may not be news, it is just a poor guy caught by the SEC.

"Mick, you're not right to say that!" The director named Hunter snorted coldly and glanced at the director named Mick. He took a sip of the coffee in front of him and said with a displeased face, "Guys, haven't you read more from this news?" If this little guy named Bell Stone is doing insider trading is shorting our Bear Stearns stock, then this matter is about our net worth here! ”

Many of the directors who had been on the fence with the two were stunned for a moment, and they were indeed frightened by Hunter's words. Although in many cases, these people have an indifferent attitude towards many things, but once it involves interests, especially those linked to themselves, they will definitely immediately turn around and turn into wolves and bite each other fiercely.

The wolf culture is part of the Wall Street giant's corporate culture.

While the directors on the board, who are either former Bear Stearns management or investors from other institutions, there is only one reason that unites them, and the only reason: a bullish outlook for Bear Stearns' long-term earnings.

Although Hunt just said it casually and did not come up with any real evidence, the other directors began to think about such a possibility, after all, there is a lesson from the "unwithered fund", who dares to say that the current situation is purely coincidental? For a moment the whole room fell into a terrible silence, and the directors' faces were cloudy, their eyes flickering, and they didn't know what they were thinking.

"No, it's none of his business."

Just when everyone was thinking differently, Alan. Schwartz walked in, and as soon as he opened his mouth, he categorically denied it, and it was obvious that he had just gone out to answer the phone and had heard everything in his ears.

The phone is James. Kane called, he was still in Las Vegas, and he couldn't get back even by private jet, so he was sending a message to CEO Allen. After Schwartz made a phone call asking for details, Kane decided not to return to New York for the meeting or participate in the video conference, leaving the measures to Schwartz because there was still a bridge game waiting for him to start. (To be continued......)