Chapter 506: Wall Street Beats Rockefeller! (Ask for a subscription, ask for a monthly pass)

Ji Cheng's debauched life and Joaquin Capital's abnormal behavior immediately had a great impact on the outside world.

The major financial companies on Wall Street have been staring at Ji Cheng for a long time, and they know very well how sharp this young man from the ancient country of the East is in terms of finance, and they have always wanted to drink some soup.

However, Ji Joaquin Capital and the Boston Consortium were comprehensively suppressed by the Rockefeller family before, and Ji Cheng did not react for a long time, and many people thought that he had lost, not only secretly regretted it.

And yet now!

But now!

Someone analyzed Ji Cheng's intentions!

Suddenly, the Wall Street financial elite, who were supposed to get off work, went uncharacteristically and stayed overtime.

It's not just about working overtime, the top executives of major financial companies are either holding emergency meetings or asking people to find out the news.

All in all, extremely important.

Goldman Sachs, for example, is led by their current director, White. Weinberg and President Wright. The two held an emergency meeting.

Partners Frank Van and Henry. Paulson and others were all present.

White. Weinberg sat at the head of the conference table and looked around at the crowd, "John Murphy, who went out of our company a few days ago. Sain came to the door and said that Joaquin Capital was going to sign a short-term contract with us for securities trading, because it was very profitable. Sain has a close relationship with us, so I didn't hesitate to say yes."

Speaking of this, he paused for a moment, and then said in a heavy tone: "But just in the past few days, there has been a series of chaotic information from Huajin Capital, and Ji Cheng, the god of investment, is unruly in his private life, and the outside world speculates that the eight billion US dollars that Huajin Capital has deposited in the stock market account may be used to make a big deal, so I want to ask you what you think about this matter."

Today's Goldman Sachs is not the unstoppable supergroup that it was later, although it has become a world-class company, but in terms of real strength, it is much worse than many consortia.

What's more, as Goldman Sachs Group grew larger, they realized that they needed to expand their business, such as capital investment business.

This capital investment business is very broad, but in the final analysis, it is still investment.

Now that Ji Cheng, the godfather of world finance who has repeatedly created miracles, has finally been analyzed that he is about to make a big move, how can Goldman Sachs not want to follow behind and share a piece of the pie?

White. Haite was the first to answer: "I have always been very confident in Ji Cheng, and since Huajin Capital dares to invest eight billion US dollars in the stock market, I think I am completely sure, so my opinion is to collect which stocks Huajin Capital has invested in the stock market as soon as possible, and then we will follow the position as soon as possible."

Blancfan also thought so, "In particular, the Joaquin Capital Consortium and the Boston Consortium are jointly resisting the joint suppression of large consortia such as the Rockefeller family and the Morgan family, and now they dare to come up with so much liquidity, if Ji Cheng does not have the confidence to make money from this investment, I don't believe it."

Henry. Paulson nodded and said: "I support your point of view, but I also have a little opinion of my own, you listen to it, Joaquin Capital is fighting with the Rockefeller family, and now the outside world has found out that Joaquin Capital is not investing a large amount of money in the stock market to acquire the outstanding shares of First National Bank in Boston, so the Rockefeller, Morgan and these consortia will inevitably invest a certain amount of money to block it in order to suppress Joaquin Capital, if we rashly follow the action, it is very likely to be Waterloo, so my opinion will wait and see. If Huajin Capital's funds are not hindered in the first wave of the stock market, it is not too late for us to follow the investment, even if it will make less money, but the possibility of loss is small."

….

Other high-level officials also expressed their opinions, and their opinions are basically divided into two kinds, the first is the radical, who believes that they should decisively follow Ji Cheng to attack and seek the highest profits, and the second is more conservative, thinking that it is okay to drink some soup with it, and it is not necessary to charge into battle.

After arguing for a long time, no one could convince anyone.

In the end, the decision-making power returned to Chairman White. On Weinberg's side, he sat on the chair and pondered for a long time, and finally tapped his fingers lightly on the table and said decisively, "Follow Ji Cheng to invest!" Since he dared to gamble with all his liquidity to win this battle,

Why don't we dare gamble?"

The same thing happens within a lot of neutral financial institutions.

Of course, not all financial institutions are as decisive as Goldman Sachs, and some are ready to look at the form.

As a result, countless intelligence networks unfolded in an instant, crazy about which sector of the stock market Joaquin Capital was going to invest the money in.

Finally, the results of the investigation came in.

Those financial institutions were all silent after seeing the flow of funds in the stock market account of Huajin Capital, because Huajin Capital's funds were actually short aviation and financial stocks!

You must know that Chase Bank and Citibank led the syndicate loan plan to raise $7.25 billion to deal with the acquisition of Davis, the richest man in Los Angeles, and then the United Airlines shareholder meeting passed the proposal for this huge amount of money acquisition, and now it is just a matter of sending the money over.

Chase Bank and Citibank have previously reported that they have persuaded Nappen Bank to officially sign a contract in the near future.

How much is United actually worth?

It's more than $4 billion if it's dead.

But now the acquisition has reached more than $7 billion.

Everyone can see that the capital market is very optimistic about the aviation industry.

Not to mention the financial sector, which has recovered rapidly since the stock market crash in 1987, and even this year, both the Dow Jones and the S&P have risen and risen sharply.

It seems that airline stocks and financial stocks will not fall.

What makes everyone feel even more terrifying is that Ji Cheng used $8 billion in principal to short $160 billion in aviation stocks and financial stocks, and the leverage reached 20 times.

What does this mean?

This means that as long as financial stocks and airline stocks rise by 5 percent, the quarterly achievements will be lost.

So confident?

A lot of financial institutions are scared.

However, they recalled that Ji Cheng was not favored in the foreign exchange market and futures market before, and finally achieved great success, winning billions or even tens of billions of dollars one after another.

Eventually, the greedy financial institutions on Wall Street made up their minds!

"Follow!"

"Immediately send money into the stock market!"

"Which stocks are shorted by Huajin Capital, we will follow suit!"

"The godfather of world finance was won by Ji Cheng with a brilliant record, and I believe in his strength!"

Overnight, the storm surged.

Many small and medium-sized financial institutions on Wall Street have taken out a lot of money to short aviation and financial stocks behind Huajin Capital!

……

The Rockefeller family also received the news.

Lawrence. Rockefeller even convened an emergency consortium conference call.

….

Stillman Jr., Henry. Morgan and the other elders were talking on the phone.

"What do you think of Joaquin Capital's move?" Lawrence. Rockefeller Road.

Little Stillman on the phone said with a hint of unhappiness in his voice: "Many of the financial stocks he shorted are closely related to us, and I always feel that he is coming for us."

Henry. Morgan also expressed his opinion, "And it was only after you and United Airlines reached an acquisition agreement that he started to short the airline stocks, and I feel like he wants to suppress the United stock price, and when you buy United Airlines, because the stock price is too low, you can't immediately sell some assets to repay the loan."

"Then why did he short financial stocks?"

"There are other airline stocks."

Several other members of the consortium raised different questions.

Several people analyzed it on the phone for a long time but didn't come up with anything.

But the heads of these consortia are not straw bales, even if they don't analyze too much useful confidence, they still keenly feel one thing, that is, they can't let Ji Cheng's investment succeed, otherwise it will be bad for them!

Lawrence. Rockefeller finally said, "It must be stopped

Since Huajin Capital's investment this time wants to go short, and he has also invested 8 billion US dollars of all the liquidity into the market to make 20 times the high-risk leverage, as long as we find a way to make the stock market, financial stocks and aviation stocks rise by 5% tomorrow, then Huajin Capital will lose all its money, and won't any problem be solved?"

Everyone thought about it.

If Ji Cheng loses $8 billion in the stock market, there is no possibility of turning over.

Henry. Morgan is still more cautious, "Is it possible to raise the stock price by 5% in one day? Then we're going to throw a lot more money into it than Joaquin Capital."

"Haven't you ever played the stock market game?" Lawrence. Rockefeller smiled and said, "After we raise the stock price, why don't we just cash out at the high point? Not only will we be able to stop this investment from Huajin Capital, but we will also be able to make a lot of money."

"It's okay, take some money and come out and play with Ji Cheng."

"If we work together, even if we can't stop it, we shouldn't lose money, right?"

"Well, even if he is in charge of the heavens, we can't stop it, but it shouldn't be too much of a problem if he wants to leave the scene safely."

The consortium leaders agreed, and then hung up.

Lawrence. Rockefeller sat in his study and pondered, he currently has no liquidity on hand, all of which is used to buy shares in Boston's First National Bank, and even owes a huge debt of more than $20 billion for this, and now he has to use billions of dollars to stop Ji Cheng's pace, he must get more money.

Loans are definitely not available.

After all, the next step is to pay the transaction money for the acquisition of Edward's shares in installments, and those money need to be borrowed from the bank.

Lawrence. Rockefeller finally made up his mind, and he picked up the phone on the desk again and dialed a number.

After waiting for more than ten seconds, the call was finally connected.

Lawrence. Rockefeller took a deep breath and ordered, "Sell some stocks for me to raise three billion dollars."

….

The consortium thought that the united forces would definitely be able to stop Ji Cheng.

However, as soon as the stock market opened the next day, it fell into a frenzy, which made all major consortia tremble!

……

Thursday.

There is still one day left until Jicheng Manufacturing's Black Friday.

No, it's only a dozen hours to be exact.

As early as two days ago, the Dow Jones index reached a historical peak of 2,791.41 points, although there was a slight decline in the past two days, but the impact was not great.

The Rockefeller family, the Morgan family and other consortia have long been investigated by various parties and know that the time when Ji Cheng was short with 8 billion US dollars and 20 times leverage was at the peak of the Dow Jones index, so what they actually wanted to do was not only to make the stock price rise by 5% on that day, but to rise by 5% on the day of the highest point.

But these consortia are very confident.

They raised a large amount of money to invest in the stock market, and Ji Cheng sang the opposite tune, wanting to raise airline stocks and financial stocks.

Not to mention, the entry of large sums of money did briefly raise the stock price.

The Dow Jones index was even more affected, rising from 2,703.21 at the opening to 2,708.46.

At that time, the Rockefeller family and the Morgan family and other consortia were very happy, thinking that today was the time when Ji Cheng died in Huangquan.

But just an hour later, the stock market changed dramatically!

First, I don't know where a multi-billion dollar fund came from, and the high leverage leveraged tens of billions of dollars temporarily prevented the stock price from continuing to rise.

Immediately afterwards, one after another inflow of highly leveraged short funds ranging from tens of millions to billions of dollars instantly caused the Dow Jones index to plummet!

An hour ago, the Dow Jones was 2,708.46.

But an hour later, the Dow Jones fell to 2,701.22, which is lower than when it opened!

And that's not all!

Half an hour later, the Dow Jones fell below the 2,700-point mark and reached 2,600

It's ninety-nine forty-nine!

Rockefeller, Morgan and other consortia were taken aback, they never expected that the funds would be strongly sniped not long after they entered the market, and more importantly, the funds of these snipers were more than the combined efforts of several of their major consortia.

If the prices of airline stocks and financial stocks continue to fall at this time, they will not say that they will lose all their money, but at least suffer heavy losses.

These consortia were certainly not happy to see this situation, so they gritted their teeth and mobilized some more money into the stock market to blow up the shorts.

But today's stock market is crazy!

Countless short-selling airline stocks and financial stocks have sprung up from all directions, and there is a fierce competition with these large conglomerates in the stock market.

Rockefeller, Morgan and other consortia found that a total of tens of billions of dollars entered the stock market shorts, and they were scared at the time, and they said Ji Cheng, where did you get so much money from your horse?

……

Huajin Capital.

Ji Cheng didn't know what was going on in the stock market at first, after all, his $8 billion capital had been shorting major aviation stocks and financial stocks as early as the highest point of the Dow Jones Index two days ago, according to the information collected from modern society, at least the price of the Dow Jones Index and the stocks he shorted this year would not exceed when he was shorted, so he was very relieved and prepared to wait until tomorrow to reap the results.

….

As a result, he had just arrived at the office and sat for less than half an hour. White walked in from outside.

"Mr. Cheng, you must not know what happened." Steve. White had a strange look on his face.

Ji Cheng really didn't know what was going on, and he didn't care about it at the time, and asked casually, "What happened?"

Steve. White briefly described the fact that the Rockefeller, Morgan, and Citigroup conglomerates on the stock market were in full swing with many financial institutions on Wall Street.

Ji Cheng was dizzy after hearing this, "What? The Rockefellers, the Morgans, and the Citigroup were beaten up on Wall Street?"

"yes, I'm laughing to death." Steve. White laughed and said, "I received news that the Rockefeller, Morgan, Citigroup and other consortia knew that we were short $8 billion in major airline stocks and financial stocks, so they took out a large amount of money to raise the stock price to blow up our short funds.

Ji Cheng was also dumbfounded, he borrowed $6.8 billion from Riben Bank to prevent this situation, which was originally used to use that money to pay the margin if the stock price was artificially inflated, because once the stock price rises relatively high, it will inevitably be blown up if the margin is not added.

And now the group of financial institutions on Wall Street actually blocked the offensive for themselves, so that he didn't have to keep $6.8 billion to pay the deposit.

Ji Cheng concluded: "Put all the money I borrowed from the bank into the stock market, short aviation and finance!"

Steve. White immediately said, "Okay, Mr. Cheng, I'll do it."

And with that, he went out.

Ji Cheng sat in the office and couldn't help but smile and shook his head, saying in his heart that this group of financial institutions on Wall Street is really powerful, so that he can use an extra $6.8 billion to short aviation stocks and financial stocks, and he can make more money than expected.

Well, Rockefeller, Morgan and other conglomerates were really unlucky, they were actually beaten by Wall Street groups.

Ji Cheng really didn't know that the reason why those financial institutions on Wall Street besieged the Rockefeller and Morgan consortium was completely confident in him!

Then smile