Chapter 902
Young Master Guang Has a Big Hair This Time
Chapter 902 Young Master Guang Has a Big Hair This Time
When Ge Muzhuang disappeared outside the door, a young man with an ordinary face approached Lu Lingguang and said in a low voice, "They turned off the surveillance, but only for 5 minutes."
Lu Lingguang nodded, and then said to Tang Ran: "You go to the villa first, and I will go with them."
Tang Ran raised his eyebrows and nodded.
Lu Lingguang put his arms around my waist and led me outside, and at the same time said to the monkey: "Where is the car parked? I'll take your car."
The corner of the monkey's eyes twitched, but he didn't say anything, and walked on the other side of Lu Lingguang.
When we walked out of the hall door, we had already divided into two groups.
Tang Ran's group got into a row of luxury cars that had already parked outside.
The four of us went out from the side door very low-key, went down to the parking lot, and got on Guo Dexing's Hangzhou license plate.
When Mr. Jin got into the passenger seat first, Monkey gave him a cool look, and then opened the rear door for me.
After I got into the car, Lu Lingguang had already gotten into the car from the other side.
When his buttocks sat on the seat, Lu Lingguang's body leaned against me as if his bones had softened.
He put his hand over his mouth and yawned, and then saw the pair of dark circles under his eyes after he took off his sunglasses...
My heart suddenly softened, and I said, "Didn't you say you slept on the plane?"
"Sleep." Lu Lingguang said lazily.
"Sleep?!" I yelled in a low voice.
After flying for more than ten hours, you just fell asleep?
Lu Lingguang raised his brows, but narrowed his eyes, showing a very joyful, uh, or sly smile, and said, "I'm a little excited, I can't sleep."
"It seems that Guang Shao has made a lot of money this time." Mr. Jin smiled in front of him.
"That's right." After Lu Lingguang said two words, he raised his eyebrows at me.
While raising his eyes, the corners of his eyes were still shaking.
I... I glanced at him three times... Looking at his face, I saw that something was wrong.
I groaned and said, "How much did you earn?"
Lu Lingguang first stretched out one hand, spread out the palm, and then stretched out another hand, but raised three fingers.
I took a look and said, "Eight hundred million?"
Lu Lingguang's face suddenly changed, and Mr. Jin in front of him chuckled and said, "We have to add a zero in the back."
I was surprised: "80 billion?"
"U.S. dollars." Lu Lingguang took it leisurely and proudly.
I said yes.
"This is just the part of the cooperation between me and Brother Su." Lu Lingguang put down his hand, put one arm around my waist, and held my hand with the other, slowly stroking his fingers in my palm Said: "The fund I cooperated with Brother Su has two sub-funds, and those shareholders asked to sell,
After I went there, Brother Su and I decided to sell all the CDS held in the fund with investors for cash. The total value of the fund had increased by five times at that time. Go short those banks. "
Speaking of this, Lu Lingguang chuckled slightly, and the corners of his lips twitched slightly: "When we were doing this operation, it happened to be the time when there was a rumor on Val Street that the US government was going to inject huge sums of money into the banking industry, and the entire Val The street is full of confidence, even though there were more and more credit defaults at that time,
ABX kept falling, and the bankers on Wall Street were still full of confidence, thinking that there would be no problems in the banking industry, and everyone could handle it. At that time, bank stocks had risen by a considerable margin, so we sold them at that time. Empty banks, but are greatly ridiculed. "
I remembered what Mr. Gong said in Hong Kong Island that time, and said: "I remember Mr. Gong said more than half a month ago that an investment bank on Wall Street went bankrupt."
"That guy." Lu Lingguang pursed his lips and said, "He is well-informed. At that time, the fund paid dividends, and his [-] million US dollars became [-] million US dollars, but he told Brother Su that there was no need to pay dividends, but that we would pay dividends." What to do with the money, so I took him with me, and Brother Su took his and sold those bank stocks with us. Even if the management fee is removed, his [-] million has become [-] million, but, He called Brother Su a week ago and told him to cash out all the money, and Brother Su had transferred it back to him a few days ago."
I was silent for a while, and said, "Is he not optimistic about the future?"
"That's not true." Lu Lingguang frowned slightly and said: "I think he probably wants to use cash as a reserve, so that he can find a chance to make a move in the upcoming hurricane."
After a pause, Lu Lingguang said, "Brother Su also has the same idea."
"Huh?" I asked a question.
"Didn't you just say that Mr. Gong said that an investment bank went bankrupt more than half a month ago? That's just the beginning." Lu Lingguang snorted and said, "When I passed by, Val Street was full of applause, but those banks Everyone rejoiced, but within half a month, a large number of defaults broke out in the two houses, and several subprime mortgage products of the two investment banks were completely wiped out, that is, all of them defaulted, and they became negative equity in one fell swoop. In addition, they also sold out CDS,
The indemnity is also a huge sum of money, and it can only be declared bankrupt, and the bankruptcy of an investment bank cannot be hidden. The day they declared bankruptcy, it was like a Pandora's box was opened, and the breach of contract could no longer be hidden. Yes, several major commercial banks have reported large-scale defaults one after another. Among them, there are even a batch of defaults that are part of the highest-level MBS. The fund that Brother Su and I have alone,
I just bought a single CDS corresponding to that MBS, which is the highest-level SS-level MBS. According to the industry, it is an MBS that will never default like gold, so the odds are extremely high relative to it. When it was sold, that order was accompanied by 25 times the insurance premium. "
Lu Lingguang cast a proud look at me.
I asked very cleverly: "So, the fund you and Brother Su have earned ten times, which is much higher than the fund with investors."
I remember Lu Lingguang said that he and Su Yuzhu first invested 5000 million yuan, and then added 5000 million yuan, making a total of [-] million yuan.
Now, earning 80 billion...
"That's right." Lu Lingguang nodded in satisfaction and said, "Except for the SS grade, the other S grade and A grade we bought have plummeted in the past half month. If things go on like this, not to mention those small and medium-sized investment banks can’t handle it, the two major investment banks will have problems, just this way, in another month, our book value may double again.”
"Many investment banks should go bankrupt now, right?" Mr. Jin asked in front.
"That's right. After those two investment banks announced, it was quiet for a week. During that week, the whole Wall Street was full of turmoil. A week later, another investment bank declared bankruptcy, and one day, two or three investment banks declared bankruptcy." Lu Ling Guang smiled lightly and said, "Brother Su and I look almost the same,
We cashed out all the CDS in that fund, and most of what we bought were high-level and high-paying ones. Even if we were dragged down by two orders that could not be cashed due to the bankruptcy of the investment bank, the overall profit reached [-] times, excluding the management fee. For those miscellaneous expenses, Brother Su and I have a net profit of [-]. "
(End of this chapter)
When Ge Muzhuang disappeared outside the door, a young man with an ordinary face approached Lu Lingguang and said in a low voice, "They turned off the surveillance, but only for 5 minutes."
Lu Lingguang nodded, and then said to Tang Ran: "You go to the villa first, and I will go with them."
Tang Ran raised his eyebrows and nodded.
Lu Lingguang put his arms around my waist and led me outside, and at the same time said to the monkey: "Where is the car parked? I'll take your car."
The corner of the monkey's eyes twitched, but he didn't say anything, and walked on the other side of Lu Lingguang.
When we walked out of the hall door, we had already divided into two groups.
Tang Ran's group got into a row of luxury cars that had already parked outside.
The four of us went out from the side door very low-key, went down to the parking lot, and got on Guo Dexing's Hangzhou license plate.
When Mr. Jin got into the passenger seat first, Monkey gave him a cool look, and then opened the rear door for me.
After I got into the car, Lu Lingguang had already gotten into the car from the other side.
When his buttocks sat on the seat, Lu Lingguang's body leaned against me as if his bones had softened.
He put his hand over his mouth and yawned, and then saw the pair of dark circles under his eyes after he took off his sunglasses...
My heart suddenly softened, and I said, "Didn't you say you slept on the plane?"
"Sleep." Lu Lingguang said lazily.
"Sleep?!" I yelled in a low voice.
After flying for more than ten hours, you just fell asleep?
Lu Lingguang raised his brows, but narrowed his eyes, showing a very joyful, uh, or sly smile, and said, "I'm a little excited, I can't sleep."
"It seems that Guang Shao has made a lot of money this time." Mr. Jin smiled in front of him.
"That's right." After Lu Lingguang said two words, he raised his eyebrows at me.
While raising his eyes, the corners of his eyes were still shaking.
I... I glanced at him three times... Looking at his face, I saw that something was wrong.
I groaned and said, "How much did you earn?"
Lu Lingguang first stretched out one hand, spread out the palm, and then stretched out another hand, but raised three fingers.
I took a look and said, "Eight hundred million?"
Lu Lingguang's face suddenly changed, and Mr. Jin in front of him chuckled and said, "We have to add a zero in the back."
I was surprised: "80 billion?"
"U.S. dollars." Lu Lingguang took it leisurely and proudly.
I said yes.
"This is just the part of the cooperation between me and Brother Su." Lu Lingguang put down his hand, put one arm around my waist, and held my hand with the other, slowly stroking his fingers in my palm Said: "The fund I cooperated with Brother Su has two sub-funds, and those shareholders asked to sell,
After I went there, Brother Su and I decided to sell all the CDS held in the fund with investors for cash. The total value of the fund had increased by five times at that time. Go short those banks. "
Speaking of this, Lu Lingguang chuckled slightly, and the corners of his lips twitched slightly: "When we were doing this operation, it happened to be the time when there was a rumor on Val Street that the US government was going to inject huge sums of money into the banking industry, and the entire Val The street is full of confidence, even though there were more and more credit defaults at that time,
ABX kept falling, and the bankers on Wall Street were still full of confidence, thinking that there would be no problems in the banking industry, and everyone could handle it. At that time, bank stocks had risen by a considerable margin, so we sold them at that time. Empty banks, but are greatly ridiculed. "
I remembered what Mr. Gong said in Hong Kong Island that time, and said: "I remember Mr. Gong said more than half a month ago that an investment bank on Wall Street went bankrupt."
"That guy." Lu Lingguang pursed his lips and said, "He is well-informed. At that time, the fund paid dividends, and his [-] million US dollars became [-] million US dollars, but he told Brother Su that there was no need to pay dividends, but that we would pay dividends." What to do with the money, so I took him with me, and Brother Su took his and sold those bank stocks with us. Even if the management fee is removed, his [-] million has become [-] million, but, He called Brother Su a week ago and told him to cash out all the money, and Brother Su had transferred it back to him a few days ago."
I was silent for a while, and said, "Is he not optimistic about the future?"
"That's not true." Lu Lingguang frowned slightly and said: "I think he probably wants to use cash as a reserve, so that he can find a chance to make a move in the upcoming hurricane."
After a pause, Lu Lingguang said, "Brother Su also has the same idea."
"Huh?" I asked a question.
"Didn't you just say that Mr. Gong said that an investment bank went bankrupt more than half a month ago? That's just the beginning." Lu Lingguang snorted and said, "When I passed by, Val Street was full of applause, but those banks Everyone rejoiced, but within half a month, a large number of defaults broke out in the two houses, and several subprime mortgage products of the two investment banks were completely wiped out, that is, all of them defaulted, and they became negative equity in one fell swoop. In addition, they also sold out CDS,
The indemnity is also a huge sum of money, and it can only be declared bankrupt, and the bankruptcy of an investment bank cannot be hidden. The day they declared bankruptcy, it was like a Pandora's box was opened, and the breach of contract could no longer be hidden. Yes, several major commercial banks have reported large-scale defaults one after another. Among them, there are even a batch of defaults that are part of the highest-level MBS. The fund that Brother Su and I have alone,
I just bought a single CDS corresponding to that MBS, which is the highest-level SS-level MBS. According to the industry, it is an MBS that will never default like gold, so the odds are extremely high relative to it. When it was sold, that order was accompanied by 25 times the insurance premium. "
Lu Lingguang cast a proud look at me.
I asked very cleverly: "So, the fund you and Brother Su have earned ten times, which is much higher than the fund with investors."
I remember Lu Lingguang said that he and Su Yuzhu first invested 5000 million yuan, and then added 5000 million yuan, making a total of [-] million yuan.
Now, earning 80 billion...
"That's right." Lu Lingguang nodded in satisfaction and said, "Except for the SS grade, the other S grade and A grade we bought have plummeted in the past half month. If things go on like this, not to mention those small and medium-sized investment banks can’t handle it, the two major investment banks will have problems, just this way, in another month, our book value may double again.”
"Many investment banks should go bankrupt now, right?" Mr. Jin asked in front.
"That's right. After those two investment banks announced, it was quiet for a week. During that week, the whole Wall Street was full of turmoil. A week later, another investment bank declared bankruptcy, and one day, two or three investment banks declared bankruptcy." Lu Ling Guang smiled lightly and said, "Brother Su and I look almost the same,
We cashed out all the CDS in that fund, and most of what we bought were high-level and high-paying ones. Even if we were dragged down by two orders that could not be cashed due to the bankruptcy of the investment bank, the overall profit reached [-] times, excluding the management fee. For those miscellaneous expenses, Brother Su and I have a net profit of [-]. "
(End of this chapter)