Extraordinary Genius

Chapter 963: The Quantum Fund Crisis

While Feng Yu laughed with laughter, some frowned.

Thoros thought he still had a chance to make a copy, he still had the money, though not much, but the operation was good, and the money was fine to make back.

But the leakage houses are raining at night, at this time inside the quantum fund, something is wrong!

Not knowing when, there was an uncoordinated voice inside the quantum fund saying that Soros was going bankrupt after losing investors' money.

And the money that Soros promised the financial brokers, they couldn't give it. This year, they didn't get paid a penny, they got paid an annual salary. They don't ask for bonuses or anything anymore, just give them their salaries and commissions according to the contract.

So over the last few days, many of the brokers in the quantum fund started applying for advances with finance, and many had to advance their salaries directly for a year.

In the past, it was nothing, even if all brokers were paid in advance, the quantum fund was rich.

But now it's different, and all the money in the quantum fund goes to the futures market, trying to double it. Don't say it's a year's salary advance for those brokers, not even a month's advance!

Including this month's office spending has been severely curtailed, and even Soros has fully mortgaged several of his personal properties, several luxury cars, into the quantum fund.

With only the funds set aside by the quantum fund, even if it could be doubled, it would not be profitable, but he promised those investors a minimum profit of 10 percent.

If he doesn't make the money, he will have to fill it with his own money. The assets of the quantum fund will shrink dramatically, and he will fall out of Forbes' billionaire list, and the quantum fund will be in crisis again.

There had been a serious crisis in the quantum fund, when several investors had withdrawn and Soros had bought the quantum fund himself, and he was satisfied that it was finally in his hands.

But this time it's different, this crisis, his assets shrink sharply, and he might even go bankrupt, then it's too hard for him to turn around again!

He doesn't know why this is happening, and company agents have always trusted and admired him and even obeyed him. But this time, those agents down there, it's like they're all going to rebel!

“Boss, what do we do? If we don't pay those people, our operation will be in trouble.” Jukan? Miller was in a bit of a hurry. How could he handle so many contracts with so many of them alone? Besides, these contracts are through multiple accounts.

Futures markets are rapidly changing, and if they do not operate in a timely manner, not only will they lose profits, but they may even lose money.

The sudden devaluation of the rubles is a good example of how fast they react and how much the loss has been.

“Steady, steady them. Tell them half-month, half-month, and our financial difficulties will be alleviated, not only by paying their salaries in full, but even by giving them a bonus!” Soros had already lit the second cigar, forcing himself to calm down.

“Boss, I think it's better if you show up at this time, only you can stabilize the mood of those agents, and I talked to Miller about their persuasion, and it didn't work. ”

“Yeah, boss, we believe you, and those people believe you, but they don't necessarily believe us. ”

“Boss, do you want to try firing two people to deter others? ”

The four kingdoms spoke and gave Soros their ideas. Their interests are tied entirely to Soros, and even their money is invested in quantum funds.

“Huh, when we made so much money last year, did we give them less bonuses and commissions? Better than their pay, huh? Now they're doing this, and they should be taught some lessons!” Jukan? Miller snorted cold.

Soros also had some regrets, knowing that after Christmas last year, he shouldn't have given his brokers such a high dividend, otherwise he could have put some more money on the company's books. Or if the returns of those investors are temporarily depressed, they'll have more money.

But maybe if he did, he'd lose more this time, and he wouldn't even get a chance to turn around.

Now is not the time for them to regret it, but to come up with a way out of the immediate crisis. It would be nice to have another investment at this time, not only could he double it, but he could also make some money and revitalize the prestige of the quantum fund!

“Boss, no, you guys watch the XX TV show!” Soros' secretary rushed in and shouted.

Soros, they turned on the TV and switched to that station. It was a financial show. They saw that financial agent up there. Soros' eyes jumped!

He looked at Miller, and Miller was shocked. Isn't that the guy they sent to Feng Yu? Why didn't we know this guy was on the show?

“As I said, I know more about quantum funds than you do, I used to work for a small foundation company controlled by quantum funds, and I'm familiar with the way quantum funds work. This time, I'm sure the quantum fund has already lost money to its clients. ”

“Yes, quantum funds do set aside some funds, but you can look at those reserved funds accounts, they're all quantum funds' own accounts, not the accounts of their clients, which means that their customers are losing money and their principal money is still there. Once clients have access to justice, they have full access to lawyers to fight each other. Until the verdict is officially handed down, the owners of the quantum fund or something can still live comfortably, while the investors suffer enormous losses. Even if he pays back the money in the future, what I'm saying is, maybe those investors won't lose? What about interest? With all that money, shouldn't there be good returns on investing in something? ”

“Miller, what's going on?” Soros was furious.

“Boss, I don't know, but surely he has betrayed us! ”

Miller was furious, too. He gave that man a lot of money in private. I didn't expect it to be betrayal! He suddenly wondered, since the people sent out could betray them, couldn't the people inside the company betray them?

“Boss, there must be someone in the company who's being countered!” Miller spoke out loud. He even wanted to say that Feng Yu was the one who might start a counter-insurgency.

The other three Vajra colors are all Yilin, and Soros twisted the cigar in the ashtray.

“Cha, find out now! I'm going to reassure the agents. If you guys want to find a way in, you can continue to follow our agreed strategy, and you can turn around, it's been two weeks! ”

Soros walked out of the office in a hurry, and Miller and the four of them looked at each other and went out in a hurry.

……