Chapter 511: Ji Sheng's Bloody Fangs (Asking for Subscription, Asking for a Monthly Pass)
October 12, 1989, 7 o'clock in the evening.
A television station owned by Columbia Pictures and Pretty Country Radio and Television Co., Ltd. coincidentally released a report on the evening news about the risk exposure of major banks in Pretty Country to highly leveraged trading this year.
The above data is shocking!
Citibank's highly leveraged trading is as risk-exposed as $5.3 billion, accounting for 50% of the invested capital!
JPMorgan is relatively stable, with only $900 million in risk exposure, accounting for 14% of the invested capital.
But Chase Manhattan is terrible, and the trading risk exposure funds have reached a terrifying 25 billion US dollars, accounting for 482 percent!
In addition, large commercial banks such as Bank of America, Chemical Bank, Pacific Bank, Xinfu Bank, Hannover Bank, and Bank of New York are all listed, and their trading risk exposure funds range from more than one billion dollars to several billion dollars, and the proportion of capital in them also ranges from more than 20 percent to more than 120 percent.
But without exception, no bank trades as much as Chase Manhattan with 482 percent of its exposed capital!
What is Trading Exposure?
Transaction risk exposure refers to the value of assets and liabilities of financial institutions that are susceptible to risk factors in various business activities, or the position position position exposed to risk.
For example, when an institution invests in a wealth management product, it sees its overall downward trend, which is risk exposure.
Generally, the proportion of risk exposure funds in the total investment of commercial banks will not be too high. Morgan's kind of is normal, but the problem now is that among the top few big banks in the beautiful country, only . Morgan's risk exposure is controlled within a controllable range, except for the Bank of America, which accounts for 22 percent, which is barely reasonable, and the rest accounts for at least 42 percent, and even 890 percent and more than 100 percent!
What does this mean?
It shows that if these banks have a slight problem with their funds, the vitality of the situation will be greatly damaged, and it is not impossible for them to go bankrupt and collapse if the situation is serious!
You must know that the commercial banks in this table are all the top commercial banks in the beautiful country, if these commercial banks thunder, I am afraid that the entire economy of the beautiful country will be impacted, and it will affect the global economy at that time, just like the fuse of the subprime mortgage crisis in 08, Lehman Brothers is a nature, and now it is not a "Lehman Brothers", but a dozen "Lehman Brothers"!
"Oh my God!"
"Do these commercial banks have such a high proportion of risk-exposed funds?"
"In particular, the high proportion of risk exposure funds of Chase Bank is simply terrifying!"
"No, I'm going to take out all the money from these banks tomorrow, and I don't dare to let them go!"
"Horror, it's terrifying!"
"If these commercial banks are thundered, the consequences will be unimaginable!"
"You must know that these large commercial banks have participated in and controlled many listed companies, and if they really thunder, all enterprises in the United States will suffer!"
The people were in an uproar!
The whole United States can't believe that these large commercial banks, which are famous and unshakable in the eyes of the world, have long been riddled with holes!
The financial institutions on Wall Street were even more dumbfounded, and they were all dumbfounded!
"Why is the proportion of these banks so high? If they thunder, no matter how much we hedge, we will be affected! ”
"Ji Cheng is crazy, right? Do you dare to take out this kind of data and publish it to the world? ”
"Is he trying to create a black swan event that is more terrible than the stock market crash of the beautiful country in '87?"
"Crazy! Ji Cheng, this madman! Stepping on a horse actually made the stock market plummet, this kind of thing was done! ”
"He's crazy, isn't he?"
"Don't care if Ji Cheng is crazy or not, let's think about how to deal with the stock market crash after the market opens tomorrow!"
"What can I do? Now it's just a matter of fate! ”
The major financial institutions on Wall Street were frightened by Ji Cheng's trick, and they were crazy behind their backs, scolding Ji Cheng for being an out-and-out madman!
Isn't a madman capable of doing such a thing?
Isn't it a madman who wants to pull the entire beautiful country's economy together in order to win in the stock market?
This group of people from financial institutions didn't understand why Ji Cheng became so crazy, but instinctively felt a huge threat, and a similar thought was born in everyone's hearts almost at the same time, that is: Ji Cheng, this guy is crazy to the extreme, don't provoke it, otherwise this guy will drag everyone to the funeral for short-term interests!
This is just the opinion of the major financial institutions on Wall Street about Ji Cheng.
On the other side, the consortium has already jumped like thunder, and they can't wait to eat Ji Cheng's meat and drink Ji Cheng's blood!
"Fack! Fack! Fack! ”
Lawrence. Rockefeller was so angry that he swept everything on his desk to the ground, and kept saying words starting with "F" in his mouth, so you can imagine how angry he was at this moment!
Little Stillman wasn't much better, he smashed the whole study!
Before, little Stillman thought of taking this opportunity to give Ji Cheng, who didn't know what to do, a stick, but what he didn't expect was that he hadn't hit Ji Cheng's head with this stick, and Ji Chengcheng, who was crazy to the extreme, drove a bulldozer and almost didn't knock over his house!
Pain!
These consortia were all hurt by Ji Cheng this time!
And they know that this pain is just a warm-up, and then wait until the stock market opens tomorrow, and the real blade will cut off the flesh on their bodies piece by piece!
……
Joaquin Capital, Boss Office.
It was already dark outside, but Ji Cheng was sitting leisurely in his office chair looking out the window, with burning cigars and red wine next to him.
Steve sitting on the couch next to him. White and Lynn, who just joined today. Elson Hans was already sweating profusely.
"Mr. Cheng, aren't you afraid of causing a complete collapse of the economy of the beautiful country?" Lynn. Elson Hans couldn't help but ask.
As the former chairman of State Street Group, she naturally knows how bad the impact of the bank crash in this transaction risk exposure table will be if Ji Cheng releases it today.
Steve. Although White didn't speak, his trembling hands also betrayed the fear in his heart, Ji Cheng offended too many people by doing this, maybe it would lead to assassination!
But Ji Cheng didn't pay attention to it at all, and he didn't answer Lynn at the first time. Elson Hans asked, but slowly took a sip of the red wine glass, and then said slowly: "Things will not be as terrible as you think. ”
"Won't it be as scary as we think?" Lynn. Elson Hans asked puzzledly: "Just this table you just asked the TV station to send out may cause the entire stock market to be shocked, and the opening of tomorrow morning will definitely be a thousand miles, how can it not be so scary?" ”
Ji Cheng put down the red wine glass, picked up the cigar again and took a sip, after tasting it for a while, he said with a smile: "You will know when you look at it, this time, I just gave them a small lesson, and at the same time, I also gave you a big gift when you just joined the company, well, this gift may take a while before you can really receive it, but Lynn, you must always be prepared to manage a group enterprise that is larger than State Street Group." ”
Yes?
What does this mean?
Lynn. Elson Hans and Steve. White listened.
Ji Cheng didn't explain to them.
Indeed, he knows that the release of this table will definitely cause a tsunami-like collapse in the financial circle, but in addition to finance, the impact of other walks of life is not great, especially the manufacturing, real estate and information industries, which are the lifeblood of the economy of the beautiful country, will not be affected, as long as the pillar industries do not have problems, and the current stock market of the beautiful country has a circuit breaker mechanism, naturally, as he just said, the impact is not so terrible.
At least it won't cause a terrible stock market crash like '87.
But stock market turmoil is inevitable.
And Ji Cheng's purpose is to create a stock market turmoil, and then quickly withdraw the money earned from the stock market.
This process only lasts for a very short period of a few days.
After that, the stock market should rebound quickly.
It's just that at that time, the funds invested by the consortium in the stock market to snipe at themselves have already been blown up.
Money, you can earn it.
It can also take the opportunity to make the consortium seriously injured.
And it won't really cause an economic collapse and affect your own company.
This is Ji Cheng's purpose.
As for saying it was given to Lynn. Isn't Elson Hans's gift Chase Bank?
Ji Cheng leaned on the back of his chair and looked at the flowery night outside, as if he had seen his own future, as magnificent as the galaxy in the night sky!
……
Many people foresaw that the stock market would fall into a plunge when Ji Cheng released this killer feature tomorrow.
But they still underestimated how terrifying the impact of Ji Cheng's release of this form was.
Far away on the other side of the ocean, the time difference of almost ten hours and the Singapore stock market proved to them to see!
Although it is seven or eight o'clock on Thursday night, it is ten o'clock on Friday morning and nine o'clock in Singapore at the time, and the stock markets in both regions are open.
At first, the two stock markets were in good shape.
However, when this shocking bad news came from the beautiful country, the two stock markets began to dive sharply!
First of all, the Tokyo stock market immediately dived by 123 points, and this was a sudden plummet, and anyone with a discerning eye could see that it would plummet next.
The Singapore stock market is not much better, opening half an hour and diving more than 30 points in less than the broader market.
Then it was the early morning of the beautiful country, and after the opening of the major stock markets in Western Europe, it also ushered in a sharp dive.
The London stock market fell by more than 20 points as soon as it opened!
The Frankfurt market fell by more than 50 points!
The Milan market fell by more than 200 points!
The global stock market has once again felt the shadow of the stock market crash of the beautiful country in '87, and it seems to be looming again!
And that's not even the most intuitive.
The most intuitive is how crazy the broader market fell when the Tokyo stock market and the Singapore stock market closed!
In one day, the Tokyo stock market fell to an astonishing 647.33 points, although the proportion is not high, only 1.84 percent, but the value looks scary!
The Singapore stock market, which followed closely behind, reversed, and the value of the broader market seemed to have fallen by only 142.84 percent, but the decline reached a terrifying 10 percent!
In addition, the Sydney stock market, which has a time difference of 16 hours faster than the beautiful country, although it did not have much time to close when it learned the news, it also suffered a lot of impact, and the market fell by 141.6 points, which was more terrible than the Singapore stock market, and reached 11.3 percent!
The opening of the stock market on Friday is getting closer and closer, and the bad news from the major stock markets is becoming more and more frequent.
Especially in the major stock markets of Western Europe, there is constant bad news!
The London stock market fell 70.5 percent, or 3.16 percent!
The Frankfurt stock market fell by 203.56 percent, or 12.8 percent!
The Milan stock market fell by 780 points, or 6.7 percent!
In addition, the stock market of Switzerland and other countries has all plummeted!
A report on the decline of the stock market flew into the beautiful country like wings, and the heads of major consortia and major financial institutions who had not slept all night saw these data, and they were all desperate!
The stock markets of the countries that are not mainly affected by the impact have fallen so terrible, and if we wait until the stock markets of the beautiful countries open, how far will they plummet?
No one dares to imagine!
In order to reduce losses, major financial institutions are desperately trading before the operator's market, trying to complete the transaction before the stock market opens.
But they all forget one thing, stocks are essentially a commodity, since they are commodities, you want to sell them and someone has to buy them to be able to sell them, if no one takes over, you can only keep lowering the price, or wait for the fall limit circuit breaker to queue up and wait for the transaction.
However, now everyone knows that the stock market will plummet as soon as it opens, and who would dare to take over?
As a result, the pre-market trading of the beautiful national stock market has formed a strange scene, obviously many people want to sell the stocks they hold, but they just can't sell it!
】
"Oh God! Bless me and sell my stock soon! ”
"Damn it! Can't you sell stocks in pre-market trading? ”
"How so? How so! ”
"It's all to blame on that damn madman who wants to break the net!"
"Ji Cheng, how can you do this to us when you step on a horse?"
"It's over! I can predict how many people on Wall Street will climb onto the rooftop and jump off the building after the stock market opens! ”
Despair!
The whole Wall Street is filled with layers of despair!
Many people scolded Ji Cheng overnight, and now they can't scold anymore, or in other words, even if they scold, they don't want to scold, it's better to explain the future when they have that time, and then wait until the stock market opens to find a good position and jump off the roof!
One will be a success!
Many people didn't understand what this sentence meant before, but now, almost everyone understands what it means!
Even if the stock market hasn't opened yet, everyone knows what kind of horror scene will happen next.
Ji Cheng, who is known as the Oriental Silver Lion in the financial circle, finally showed his bloody fangs and wanted to swallow people with flesh and bones!
Of course, there are also people with a hint of anticipation, hoping that the stock market will not dive as imagined after the opening, although everyone knows that this possibility is very small, but this is the best expectation!
Just when countless people have different thoughts, Friday's beautiful national stock market finally ushered in the opening!