"Um?"

Luo Sheng, who was lying on the bed comfortably and naturally, opened his laptop for work. When he opened his mailbox, he saw several specially encrypted email messages, which were sent by Michael Barry of Hedge Fund and Paulson Hedge Fund. John Paulson.

Luo Sheng clicked on the list of emails.

[Mr. Luo, part of your income of US$5.475 billion in the Succession Fund has been remitted to your designated account. The Succession Fund has brought you the first investment rate of return as high as 685%, and we will continue to remit the subsequent income. your account. — Sincerely, Michael Barry. ]

Immediately afterwards, Luo Sheng opened the message sent by John Paulson.

[Mr. Luo, some of the income you generated in the Paulson Fund has now been remitted to your designated account, totaling $6.21 billion, with a return on investment of 679%, and more income will continue to be remitted to your account, you are welcome . - Sincerely, John Paulson. ]

Seeing these two pieces of information, Luo Sheng subconsciously grinned and said, "Na... Si~~!"

Entered the market with $6.2 billion at the beginning of the year, how long has it been since then? Now that a record amount of US$11.685 billion has been received, Luo Sheng roughly estimated that there should be about two-thirds of the income in the follow-up.

What is even more exaggerated is that this money is a net income, a cash flow, and the taxes that should be paid have already been paid locally.

As soon as this income is remitted to Luo Sheng's account, it means that his wealth is not a follow-up income. In addition to the increase in the value of Bluestar Technology's stock gain, he has surpassed Bill Gates, the world's richest man.

Luo Sheng stared at the computer screen motionless, before closing the laptop after a while.

He could imagine that at this moment, Wall Street in the Western Hemisphere is probably in a state of extreme madness. Michael Barry and John Paulson are both constantly selling their credit default swaps. Cash out.

The US$6.2 billion brought by Luo Sheng has a nominal value of US$142.6 billion.

Now companies such as Goldman Sachs and Morgan Stanley are frantically buying the credit default swaps held by the big shorts in the market, or deleveraging, or backhand shorting themselves and so on.

For example, the credit default swap in the hands of the successor fund, Michael sold a credit default swap with a nominal value of $800 million to Goldman Sachs for $300 million.

If this CDS is a bet against Goldman Sachs,

In theory, Goldman Sachs can hedge 500 million US dollars from it. If it is a bet with other investment banks, it means that Goldman Sachs can still make a lot of money from it. The bears bet against the real estate market, including betting against themselves.

The primary task of major investment banks today is to hedge their debts. Survival is the first priority. While ensuring that they can survive, they will instantly change from prey to hunter. For example, Goldman Sachs is such an example. other people.

For the successor fund, the notional value of 800 million US dollars sold for 300 million US dollars seems to be a loss, but don't forget that he only invested 34 million US dollars, and now sells 300 million US dollars.

The $800 million is false, and the $300 million is now a real dollar bill.

To put it simply, the credit default swap that Michael bought for $34 million is now worth $800 million in nominal terms, but in order to leave the market early, he took the credit default swap worth $800 million at a real price of $300 million. Sold to Goldman Sachs.

This investment brought a 782% rate of return to the successor fund, and it got the money and left the market smoothly, and this credit default swap belongs to Goldman Sachs.

As for what Goldman Sachs will do with this credit default swap, Michael doesn't care and has nothing to do with him now. He is only responsible to his investors.

...

the next day.

As soon as Luo Sheng came to the company, Qin Weimu came to his office to report.

"I have already received the information that the net income of US$11.685 billion has been remitted to multiple fund pool accounts, mainly in the hands of UBS, but UBS may become the biggest loser in the subprime mortgage crisis."

Qin Weimu's prediction is not unreasonable. According to foreign sources, due to the drag from the subprime mortgage crisis, UBS was forced to write down non-performing assets for the second time. The total amount of the two write-downs reached 21 billion Swiss francs, about 196 It is by far the heaviest loss of any major bank in the world.

It was followed by Merrill Lynch ($15.6 billion), Citibank ($12.4 billion), Deutsche Bank ($9.8 billion), Huifeng Bank ($9.2 billion), Morgan Stanley ($7.2 billion), Bank of America ($6.6 billion) and others.

"According to Wall Street analysts' estimates, UBS has not yet come out of the quagmire, and will definitely need to make a third write-down, which will cost $17.7 billion. Now UBS's stock market value has dropped by 23%, and it has to come out of the crisis. , UBS must carry out a large-scale capital increase plan." Qin Weimu added.

It's miserable.

Luo Sheng shrugged. It wasn't him anyway. He looked at Qin Weimu and asked, "How much of our fund is in UBS's account?"

Hearing this, Qin Weimu immediately said: "It's about 57%, but you don't have to worry about UBS going bankrupt. This is one of the banks with the best credit system in the world."

Luo Sheng smiled and nodded: "I know it even if you don't say it."

UBS is just a blood loss this time, but it will definitely not go bankrupt, otherwise the world does not know how many rich people will explode in place.

It is worth mentioning that the huge wealth harvested by Luo Sheng is currently invisible, and most of the assets are entrusted to UBS.

Luo Sheng's announcement can also be made, and it will definitely cause a sensation all over the world. At the same time, it will also be criticized by countless people, and he will be dubbed "super short seller", "capitalist who eats human blood buns" and so on.

Luo Sheng actually doesn't care about these comments at all. The reason why these wealth harvested from the subprime mortgage crisis is hidden is that he does not want to affect the business of the two companies because of this windfall.

If it is announced, it will definitely be held against the hatred by the Americans, and even under the guise of retaliation and suppression of Bluestar Technology or Cote d'Azur, this is not worth the loss.

Anyway, the money has been obtained, but it is divided into two, the assets on the surface and the invisible assets.

However, it will be a matter of time to be discovered. Luo Sheng is already mentally prepared for this, but it doesn't matter. Anyway, whether he is discovered or not, Americans will definitely suppress their own companies in the future. It makes no difference, so how much they can make now Get as much as you can.

Qin Weimu sat down in the vacant seat next to him, "You don't want to make this asset public and let the world know that you have reaped a fortune from betting on the North American real estate market, so how can you use this asset?"

Once it is operational, it will have to explain the source of this huge amount of funds to the outside world, and even if it is not explained, it will soon be found out.

This money is now in an offshore state, which simply means that it exists overseas, not at home.

And so far, foreign countries do not know that the actual owner of the money is him.

Luo Sheng smiled and said: "Can a living person be suffocated by urine? Of course, this money will not lie still, this is the most stupid. My real purpose for harvesting this wealth is not to make my wealth worth more. The string of zeros, of course, is used for my technology research and development investment."

Hearing what he said, Qin Weimu was thoughtful, and after a while, he looked at Luo Sheng and said, "I have thought of a way to get the best of both worlds. You can register an investment company in Cayman, and then enter the mainland as a foreign capital with foreign investment. Cooperation on the Côte d’Azur means that you are investing in yourself, you can withdraw your capital in the future and then sell your business in the mainland to yourself, and sell it to yourself as cheaply as possible.”

Then Qin Weimu added: "Another advantage is that the huge amount of offshore funds is more conducive to the global business behind the scenes, any business."

At the end, Luo Sheng looked at Qin Weimu and boasted: "You are very familiar with the routines in capital operation, okay, just do as you said, you can deal with it, and report back to me when you're done. "

Qin Weimu: "Well."

Her proposal made Luo Sheng suddenly come up with a more ambitious idea, to become the most powerful behind-the-scenes controller in this world. Technology can change the world, and it can also control the world.

If it was in 2003, Luo Sheng would definitely not have such an idea. At that time, he was actually quite "simple" and wanted to change the world.

But as time went by, his reason gradually told him that he was born in a big era and became the promoter of the era. If he wanted to do something and realize his ideals, he could not help himself many times and had no choice.

If you don’t want to resign yourself to fate and be at the mercy of others, then you can only bite the bullet and go on. Otherwise, in the face of crazy suppression and sanctions from all parties, especially North America, your brilliant achievements may eventually be deprived of everything and become someone else’s wedding dress.

No matter what, you can only bite the bullet and go on.

This kind of imagining, Luo Sheng, was quickly suppressed in the deepest part of his heart and returned to reality. He would not deliberately move towards this goal, but everything would go with the flow.

...

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