Global monopoly of technology

"Ok?"

Luo Sheng, lying in bed comfortably and naturally, opened the laptop for work. When he opened the mailbox, he saw several specially encrypted email messages. The senders were Michael Barry from the hedge fund and Paulson hedge fund. John Paulson.

Luo Sheng clicked on the mail list.

[Mr. Luo, part of your income from Chuanren Fund of 5.475 billion U.S. dollars has been remitted to your designated account, Chuanren Fund has brought you the first investment return rate of up to 685%, and we will continue to remit the subsequent income Your account.——Michael Barry.]

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

[Mr. Luo, part of the income you generated in the Paulson Fund has now been remitted to your designated account, totaling 6.21 billion US dollars, and the return on investment is 679%. More income will continue to be remitted to your account, you are welcome .——John Paulson.]

Seeing these two pieces of information, Luo Sheng grinned subconsciously: "Nai...S~~!"

At the beginning of the year, I entered the market with 6.2 billion US dollars. How long has it passed?Now that it has reached 11.685 billion US dollars, Luo Sheng probably estimated that there should be about two-thirds of the follow-up income.

What is even more exaggerated is that this money is a net income and a cash flow. The taxes that should be paid have already been paid locally, and a round of harvest is a rich country.

As soon as this income is credited to Luo Sheng's account, it means that his wealth is not counted as follow-up income. Coupled with the increase in the value of Bluestar Technology stock gains, he has surpassed Bill Gates, the world's richest man today.

Luo Sheng stared at the computer screen motionlessly, and only closed the laptop after a while.

He can imagine that Wall Street in the Western Hemisphere is probably in an extremely crazy moment at this moment. Both Michael Barry and John Paulson are constantly selling the credit default swaps in their hands. Cash out.

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

At present, Goldman Sachs and Morgan Stanley are crazy to buy credit default swaps held by big shorts in the market, or to deleverage, or backhand to short themselves and so on.

For example, in the credit default swap held by Chuan Ren Fund, Michael sold a credit default swap with a nominal value of US$800 million to Goldman Sachs for US$300 million.

If this credit default swap is a bet against Goldman Sachs, in theory, Goldman Sachs can hedge US$500 million from it. If it is against another investment bank, it means that Goldman Sachs can make a fortune from it, which is equivalent to drawing someone else's blood. To fill your own hole, you must know that Goldman Sachs himself had previously gambling against many shorts in the housing market, including gambling against himself.

Today's major investment banks have the primary task of hedging their debts. Survival is the first priority. While ensuring that they can survive, they will instantly turn from prey to hunter. For example, Goldman Sachs is such an example. other people.

For the Chuanren Fund, it seems to be a loss for the nominal value of 800 million US dollars to sell for 300 million US dollars, but don't forget that he only invested 34 million US dollars in it, and now sells 300 million US dollars.

US$800 million is fictitious, and US$300 million is now a real dollar bill.

Simply put, it is the credit default swap that Michael bought for $34 million. It is now worth $800 million in nominal terms. However, in order to leave the market early and safely at a net price of $300 million, the credit default swap was worth $800 million. Sold to Goldman Sachs.

This investment brought a 782% return to the Churen Fund, and it left the market smoothly with the money, and this credit default swap belongs to Goldman Sachs.

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

...

The next day.

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

"I have received the information. 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 news, due to the drag of the subprime mortgage crisis, UBS was forced to carry out a second write-down of non-performing assets. The total amount of the two write-downs reached 21 billion Swiss francs, or about 196 million Swiss francs. 100 million U.S. dollars is by far the heaviest loss among the major banks in the world.

The next ones include Merrill Lynch (US$15.6 billion), Citibank (US$12.4 billion), Deutsche Bank (US$9.8 billion), Huifeng Bank (US$9.2 billion), Morgan Stanley (US$7.2 billion), Bank of America (US$6.6 billion), etc.

"According to the estimates of Wall Street analysts, UBS has not yet come out of the quagmire, and it will definitely carry out a third reduction, which will cost 17.7 billion US dollars. Now UBS’s stock market value has fallen by 23%, and UBS must emerge from the crisis. , UBS must carry out a large-scale capital increase plan." Qin Weimu added.

It's really miserable.

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

Qin Weimu immediately said: "About 57%, but you don't have to worry that UBS will go bankrupt. This is one of the banks with the best credit system in the world."

Luo Sheng nodded with a smile: "I know if you don't tell me."

UBS has only suffered a blood loss this time, but it will certainly 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 hosted by UBS.

Luo Sheng's announcement is fine, and it will definitely cause a sensation in the world. At the same time, it will be criticized by countless people, and will be crowned with the titles of "super short" and "capitalist who eats human blood."

Luo Sheng actually didn't care about these evaluations. The reason for hiding the wealth harvested in the subprime mortgage crisis was that he did not want to affect the business of the two companies because of this windfall.

If it is announced, the Americans will definitely hold their grudges, and even use their hands to retaliate against Bluestar Technology or the Blue Coast Company. This will outweigh the gains.

Anyway, the money is already in hand, but it is divided into two, the apparent assets and invisible assets.

However, it will be sooner or later to be discovered. Luo Sheng is also mentally prepared for this, but it doesn’t matter. Anyway, whether discovered or not, Americans will definitely suppress their own businesses in the future. It doesn’t matter, so now it’s up to how much they can make. Make as much as you can.

Qin Weimu sat down in the empty seat next to him, "You don't want to make this asset public and let the world know that you have reaped a lot of wealth from gambling on the North American housing market. How can this asset be used?"

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

The money is now offshore. Simply put, it exists overseas, not at home.

And so far, no foreign country knows that the actual owner of this money is him.

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

Hearing what he said, Qin Weimu was thoughtful. After a while, he looked at Luo Sheng and said: "I thought of a way to get the best of both worlds. I can register an investment company in Cayman or other overseas regions, and then use foreign investment. Entering the mainland and cooperating with the Cote d’Azur is equivalent to investing in yourself. In the future, you can withdraw your capital and 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 offshore funds are more conducive to the global business, any business, behind the scenes."

In the end, Luo Sheng looked at Qin Weimu and said, "You are very familiar with the routines in capital operation. Okay, just do as you said. You can handle it and report to me when you are done. "

Qin Weimu: "Yeah."

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

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

But over time, reason gradually told him that he was born in the great age and became the promoter of the times. If he wanted to do something and realize his ideals, he often had no choice but to do something.

If you don’t want to let your fate and mercy, then you can only bite the bullet and go on, otherwise you will face the frenzied suppression and sanctions from all parties, especially North America, and you may eventually deprive you of your brilliant achievements and become someone else’s wedding dress.

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

This kind of imagination Luo Sheng quickly pressed into the deepest part of his heart and returned to reality. He would not deliberately advance toward this goal, but everything would go with the flow.

...