VAM is a favorite financial means of making money by financial institutions in the United States, especially by financial giants on Wall Street.

To explain in professional terms, a VAM is an agreement between the two parties to the contract on the specific content involved in the contract, for the uncertain situation in the future, if the situation agreed by one party arises, then this party will win the VAM agreement and can obtain huge benefits from the other party to the contract.

To put it simply, it's a gamble by two madmen against the unknown.

For example, before 2012, if you bet on Obama's re-election in 2012, he bet on Romney to come to power in 2012, and the bet was 10 billion dollars.

If that day comes and Obama is re-elected, then you get his $10 billion, and if Romney comes to power, I'm sorry, you have to give him $10 billion.

Even to put it vulgarly, it's okay for everyone to bet on whether Britney will go out in panties tomorrow, which is also within the scope of the gambling agreement.

Got it, right?

In fact, the VAM agreement is aimed at a thing that has not yet happened, and two people have different opinions, so they bet on this matter, and within the actual effect of the agreement, whose views and predictions are correct, who can win the bet.

VAM agreements in the financial world are even more varied, ranging from the ownership of a company to the ownership of a patent, and anything can be used for VAM.

And Cha Haode, Wall Street financial giants such as Bank of Merrill Lynch, Morgan Stanley, and Goldman Sachs Investment, are masters of VAM agreements.

Often, some companies in developing countries bet with them with great confidence, and as a result, they lose so much that they don't even have pants to wear.

Even Japan, South Korea and some European countries are also pitted by Wall Street, but there is an endless stream of people who are willing to bet with them.

The reason for this. It's still a "greedy" word.

If you don't covet the delicious bait thrown out by these Wall Street bastards, how can they trap you?

You don't think very highly of yourself, you think that you are better than the Wall Street giants who have played financial methods all your life, how can you find out that you are actually giving away the industry you have worked hard for all your life, and you are rushing to give it to others with both hands?

Danzer is engaged in the electronics industry. In this area, there are also many gambling agreements, and Danze also earns a lot of commissions by relying on them.

As soon as he heard that Xiao Qi was actually going to bet, Dan Ze immediately came to his senses, "Mr. Xiao, how do you want to bet?" Which aspect? ”

Anthony knew the methods of this group of greedy giant crocodiles, and when he heard this, he hurriedly reminded Xiao Qi: "Mr. Xiao, you have to be cautious! ”

Raised his hand. Xiao Qi motioned to Anthony not to interject, and continued: "You like to bet on futures the most, so let's bet on oil prices." ”

"Good!"

Futures on oil prices are a must for every Wall Street financial expert.

Although Danze is not too proficient, some basic knowledge is still very solid.

"How you want to bet, how you want to bet. What is the stake? Dan Ze asked without pause, as he spoke. His eyes kept on Xiao Qi, meaning not to give him a chance to back down.

Danze's behavior made Xiao Qi want to laugh, if he knew his reliance, I am afraid that he would be in pain for this kind of rush to take the bait?

On the surface, Xiao Qi is still like a young man who has been humiliated by many times, and he said "openly": "It's April 2007. Oil prices are on an upward trajectory, and I bet that oil prices will fall all the way from July onwards and will not rise again this year. ”

Danzer smiled dumbly.

Aren't these Chinese people crazy?

Since last year, oil prices have started in the mid-$20s. All the way up, now it has climbed to more than 50 US dollars, the company's internal intelligence I get, although it is very vague, but the judgment of oil prices is still stable and rising, how can it be in the second half of the year all the way down, and there is no chance to turn over?

He thought he could be better than the thousands of intelligence officers and analysis masters in the entire Merrill Lynch Securities and Futures Department?

What a joke!

After thinking about it, Dan Ze deliberately showed contempt again, "Sounds interesting, but what's your bet?" It's too little, we don't take it! ”

"Smack!"

Xiao Qi threw a card on the table, and Danzer saw at a glance that this was Citibank's platinum card, which was intended for customers with assets of more than $1 billion.

He was shocked.

In the United States, billionaires with more than one billion dollars are registered figures, and they are also the most concerned customer groups of Merrill Lynch.

Weishenme, a young man, will not have the slightest impression in his database?

Could it be that you are doing something recklessly?

"You can go to Citibank to check according to this card number." Xiao Qi said coldly, "I took out a billion dollars of margin to freeze and bet against Merrill Lynch." From July 1 to January 1 next year, as long as the price of oil futures in New York exceeds $80 per barrel, for every $1 increase, I will lose $50 million to you! But as long as the dollar falls below $70, for every dollar that falls, Merrill Lynch loses me $50 million, what about that? ”

"Hiss......"

Anthony gasped, the little boss's gambling nature was really too big.

If oil rises by more than $20, then the billions of dollars of the small boss will be lost, which is a super gamble!

Even Dan Ze couldn't help frowning, and looked at Xiao Qi seriously for the first time.

Xiao Qi followed his example and didn't give him a chance to think, "How about it, Mr. Danze, do you have any kind of Merrill Lynch Bank to accompany me to gamble?" ”

Dan Ze didn't answer him, but took a pen, quickly wrote the content of the bet that Xiao Qi said just now on the paper, made a phone call, said sorry, and ran out.

Only Anthony and Xiao Qi were left in the office.

After looking around first, Anthony lowered his voice and asked Xiao Qi, "BOSS, do you really have no official background in Huaguo?" Or did you do special research to dare to bet against Merrill Lynch like this? ”

The lawyer who calmed down from the billion-dollar gambling agreement did not believe that Xiao Qi was an irrational person, and at a young age, he dared to come to the United States alone to discuss business, and it was a high-tech industry that Chinese people have never liked, which is definitely not a simple "whim" that can be described.

Either the boy is an idiot or the boy is a genius.

Anthony prefers to believe that Shaw is the latter kind of person. (To be continued.) )