"This guy does have a set, and he actually guessed it right, it's really lucky!"

Next to the conference phone, Soros gave a rare compliment to Zhong Shi, because the Kaminari brothers declared bankruptcy, which made him feel so good that even the old feud between the two was put aside.

In terms of judging the final fate of the Kaminmen brothers, Wall Street institutions are obviously divided into two types: one is the government's support; The other is to let it go bankrupt. As a result, short/long sales against Kaminari Brothers are in full swing, and some institutions have even gambled on most of their assets.

Soros naturally belongs to the category of people who have won the bet. Including short options, CDS, related party transactions, and outright stock shorting, Soros and John. Paulson and others' teams have earned at least more than half a billion dollars. Although there was some profit-taking at Merrill Lynch, this performance has satisfied everyone on the team.

"What luck? I don't believe in the idea of good luck. Well, I have to say that this guy has a hand in macro and corporate finance. "Joseph. Lewis pursed his lips and said with a big grin, still revealing a sense of unconvincing in his tone, "If this guy comes to play foreign exchange, he may not be my opponent, hum." ”

The super-rich who started as a foreign exchange man, Joseph. Lewis has his own unique set of international macroeconomic and high-level resolutions. Although he boasted about his strengths, several others did not think that Zhong Shi would be inferior to him in foreign exchange, because Zhong Shi was involved in the sterling crisis of '92.

"Alright, let's talk about the next possible target!"

John. Paulson couldn't stand it anymore, and among the few people who were in the meeting, he had the most contact with Zhong Shi and knew him the most, not to mention anything else, just saying that his share in the Paulson Fund was enough to make Paul admire Zhong Shi so much. What's more, the other party has done so many things recently.

"The Kaminari brothers went bankrupt, the market's confidence in financial institutions fell sharply, and the stock prices of large institutions fell one after another. Paulson bewitched, "If the next big organization goes bankrupt, our chance is again." Gentlemen. Now that the market is volatile, we have a great opportunity. ”

"So according to you, where is the next opportunity?" Julian, who has been silent. Robertson asked.

In this loose team, the core is barely George. Soros, and the closest one to him is Julian. Robertson, Joseph. Lewis et al. And the one who is in the limelight at the moment is John. Paulson, he and Kenneth. Griffin got closer, and the two were representatives of the new forces of hedge funds.

Julian. Robertson asked, not without being careful about the other party's meaning. Since the other party is so famous, he must have some real talent. The market doesn't believe in any luck, Julian. The same goes for Robertson. If you can get a half-star idea from the other party's mouth, it is not a kind of compensation for your own operation, especially such a top person.

"AIG is the next target!" Paulson didn't seem to be aware of the other party's temptation, and said directly and categorically, "Both Stanley and Goodman have a high probability of becoming market targets, but the current imminent is still AIG." Their problems have been fermenting for a long time, and this time they have been hit by the bankruptcy of the Kaminari brothers. It is highly likely that it will be declared bankrupt or taken into receivership at some point in the future. So we're going to hurry, because we're not sure if it's tomorrow or next week, or next month, but one thing is for sure, they're in trouble, they're in big trouble. ”

"But according to you. Why don't I continue to work on Stanley and Goodman? "This time it's Jim who speaks. Chanos, as a man who was reticent most of the time, was brilliant and convincing in everything Chanos uttered, not only because of his neutral stance, but also because of his status as a top bear.

As one of the top shorts in the market. Chanos was even invited by the Kaminari brothers to dispel market rumors, and although it didn't work out in the end, it shows his influence on the market.

"Of course we should continue to short on Stanley and Goodman." Paulson shook his head slightly, "It's just that so far, Henry. Paulson and Ben. Bernanke expressed his determination not to intervene in the market, which led to the bankruptcy of the Kaminari brothers. If the operation continues along this line of thinking, it is only a matter of time before the stock prices of Stanley and Goodman will fall, and whether they will go bankrupt in the end depends on the development of things. For AIG, on the one hand, the insurance market has collapsed, and on the other hand, it has suffered far more than the other two institutions. So far, at least, I haven't heard of a crisis at Goodman and Stanley, and AIG has been in trouble for a long time, and it is unlikely that they will be able to raise more money with the size of their assets. So we should hurry up on this. ”

"He's right!"

At this moment, Soros also spoke, "Gentlemen, maybe you don't know that the Treasury and the Federal Reserve also planned to save the Remina brothers, but I don't know why, in the end, no agreement was reached, and it is said that there was a problem on the British side." My sources didn't tell me what was going on, but it's certain that the Treasury Department and the Fed figured out how to raise money for a consortium to solve the problem of illiquidity. ”

"I'm sure you're also wondering about the government's sudden $100 billion equalization fund, and yes, some of that money comes from Wall Street. Of course, so far this fund has not been established, but this can be seen as the government's protection of them. Now, according to my intelligence, an order from Washington has brought these Wall Street giants together again, and it is not clear why, but it is most likely for AIG. ”

"Gentlemen, I have just received the news as well. If possible, sell AIG's CDS or buy long options now, and maybe AIG's fortunes will be reversed tomorrow. ”

Hearing this, the others looked at each other and were speechless for a long time. Paulson's admiration for his precise judgment also has his dissatisfaction with Soros's lack of information until now. Clearly, this team is running out for long.

……

"Okay. See how we're doing? ”

The office of the Reserve Bank of New York, three days ago Henry. The office where Paulson announced that he would not save the Kaminmen Brothers was still the same as the CEOs on Wall Street, except for Merrill Lynch and Bank of America, and while the CEOs were having a heated discussion, Fed Vice Chairman Geithner quietly walked in.

After the bankruptcy of the Kaminari brothers. The plan to save the AIG was immediately on the agenda. This time Henry. Paulson and his colleagues still don't want the government to intervene and want to do the same to save AIG.

"We can't raise enough money!" Goodman's CEO, Frank Van shook his head with a wry smile, "Even if we take 79.9% of their warrants for $50 billion, we still won't be able to raise enough money." ”

Because AIG's problems were previously reviewed by groups such as JPMorgan Chase and Citigroup, the joint consortium could easily get first-hand money, and the Federal Reserve and the Treasury Department also conceded to them, offering $50 billion to take their 79.9% warrants, which is equivalent to giving away about 40% of AIG's shares, a price that is almost punitive.

But the Fed and the Treasury are no longer in charge. Now saving AIG is the key, and it doesn't matter how much equity is given away.

But even such a generous condition was still denied by the United Consortium, and a wave of anger suddenly grew in Geithner's heart.

"So far, there is no possibility of trading!" Blankevan obviously noticed Geithner's face, but there was nothing he could do about it, "We've got all the materials in place, and AIG needs at least $80 billion to $90 billion if it wants to continue operating." And we will only be able to raise $50 billion, which is the most optimistic scenario. So. What about the remaining $30 billion to $40 billion? I'm sorry we can't do anything about it! ”

"Are you shirking your responsibilities?" Geithner's expression was already a little distorted, and now he only needed a fire point, and he was afraid that he would explode immediately.

In his opinion, this is another coercion from these CEOs, which has been done by Bank of America and Barclays before. These people have done it, too. These people, including Paulson, have endured it, and now they still want to repeat the same old tricks, how can this be endured?

"Calm down, Mr. Vice-President." In a chill of silence, Bellakvan handed Geithner a piece of paper. "This is about AIG's related party transactions, and in simple terms, if AIG does go bankrupt, the companies on these lists will suffer huge losses, and the ranking is based on the amount of possible losses."

Geithner glared at the other party dissatisfied, but still took the paper, "ABN AMRO, Credit Suisse, UBS, Goodman, Citigroup, Stanley, ......"

"All of us here are in it!" Frank Fan's face was solemn, feeling both helpless and a little sad, "If we don't plan to save AIG, it means that we are watching our company suffer huge losses. This is clearly illogical. Mr. Vice President, more than any other institution in the market, we are desperate to save AIG, but we can't do it anymore. ”

"AIG screwed up, and so did they?"

Geithner's face sank like water, and he didn't say anything for a while. When he looked up at these CEOs, he was surprised to find that many of them had wry smiles on their faces, and more of them shook their heads and sighed, which obviously couldn't be pretended.

Since they can't figure it out, it seems that the second plan can only be implemented. As with the Kaminmen brothers, the Treasury Department and the Federal Reserve have a second plan for dealing with AIG.

"Well, that's what we're going to do next!"

After a full five minutes, Geithner finally made up his mind and waved outside, and two men in black walked in, each holding a Buckle Bucket, and stood on either side of the conference table.

"I want everyone to hand over their phones and other communication tools. From now on, I don't want anyone to contact the outside world, including your company, your family, your driver, your friends, and anyone from the outside world. I think you know what I mean, right? Gentlemen, this place is in custody for the time being. ”

In the midst of the stunned, there was a faint noise. Although Geithner is talking about "hope", not force, who dares to stand up and say "no" at this time? It didn't take long for the CEOs' communication tools to be confiscated in the lock bucket.

Everyone complied with the rule, and Geithner was very satisfied, and then he said something that surprised everyone,

"What if the Fed were to deal with that?"

The Fed is going to take action? Could it be that Paulson and Bernanke changed their minds? But the outside world has been praising the government for not interfering, why has it only been 72 hours now, and the whole shape has been completely reversed? Isn't this a reversal?

No matter how many winds and waves they have seen, these CEOs on Wall Street have not figured out what the hell is going on. (To be continued......)

PS: Thank you to the book friend Shi Huangtian, let me think about it, Huang Tianlong, I am a little dust, cpower, Zhou Shao voted for the monthly ticket! I've been a little hot lately, and I feel like it's not very well written, so forgive me...... The author continues to work hard......