Global monopoly of technology

Technology complex building.

"There was a little accident, and the southward funds were hunting down the bottom. I still underestimated the strength of the domestic small companies, and also underestimated their confidence in you, or superstition?" Qin Weimu said, she just came over.

The market value of Bluestar Technology plummeted US$500 billion, but Qin Weimu's original expectation should be cut in half.

The result did not fall below the psychological expectations, which also means that this trader will have to make at least US$12 billion less in profit. It is a fact that domestic investors have no fighting power and are always cut off.

But it is also a fact to be rich.

Like today's U.S. stocks, there is basically nothing in the market, and the main players are fighting each other.

Only the power of the big A and the small scattered is amazing, it is just a scum of scattered sand with a combat power of only 5.

This time, Bluestar Technology fell sharply, and the market trend was uncharacteristically normal, but it was normal again, because domestic stockholders often confronted the main force and were cut every time.

And this time it was still taking over, and continued bargaining.

Luo Sheng grinned and said: "This means that the fortune will be unstoppable. The Xiaosan really copied it to the end this time. It seems that many people who eat melon have already mastered the'wealth code'. Haha, I know. You can eat meat with the archbishop. You don’t care about the news and emotions on the market. If you close your eyes and have no brains, you can make money. Those who have a reasonable analysis of the meal will lose money.”

The market is so fascinating.

There are quite a few small people in the country who are very upright. They are done as soon as their eyes are closed and A is up. As for the result, let's see.

Compared with some old leeks, they are looking at the company's performance and financial reports, personnel changes, economic trends, industry trends, and leveraged funds. The operation is fierce, which is called a professional. As a result, the market value of holdings is trapped on the top of the mountain...

"Brother Luo, the time is coming, the special car is already waiting outside the door." At this time, An Qingxue reminded him.

"Ok."

Luo Sheng nodded, immediately got up and went out, took a special car to the headquarters of Bluestar Technology, the press conference has been arranged, and the media who came have arrived early.

...

Twenty minutes later, the media reporters at the press conference saw Luo Sheng finally show up, and everyone stood up together and snapped crazy.

The person involved finally appeared. The strongest "Big Short" in history is Luo Sheng's current hottest title. Many people hate him for this, but there are as many or even more admirers of him.

In a sense, he is a superhero in the minds of many people in China. He has exploded the mentality of playing Wall Street, which is rare in the world.

This is something that didn't happen before, and such deeds are enough to become a legendary topic that people talk about after dinner.

Luo Sheng had just arrived, and the chattering voices of the reporters instantly turned the quiet hall into a vegetable market.

"Mr. Luo, in response to the SEC allegations, the Financial Times wrote today that the management of Bluestar Technology has turned from shock to anger at the SEC allegations. Is this true?"

"President Luo, what is your response to this incident?"

"Bluestar Technology's stock market plummeted, and there are rumors that you are shorting yourself again. Is the news true?"

"The SEC stated in a 24-page complaint against you that you are suspected of misleading investors on a complex debt-backed securities issue tied to dangerous subprime mortgages. The entire Wall Street has stirred up waves, and North America and Europe strongly urges you to raise new accusations against your abominable manipulation during the financial crisis. How do you explain this?"

"Mr. Luo..."

...

The host of the press conference immediately said: "Quiet, quiet!"

After a while, it finally calmed down, and reporters from the major media organizations at the meeting also sat down again.

In the end, Luo Sheng, who was standing alone on the speaking stage, finally spoke, and saw him with a serious expression and righteous words and argued:

"As for the SEC’s decision on the accusation last Thursday, I am personally shocked by this. The SEC filed a lawsuit without any prior warning. Regarding the statement that the case may cause me to step down, last Thursday, the SEC After the news of the lawsuit came out, Bluestar Technology’s stock price plummeted by more than 12%, and then plummeted again on Friday. This has already suffered a series of blows to my personal and corporate reputation so far, and has brought immeasurable actual losses. We will be nervously watching the stock price on Monday morning."

"In this regard, my team of lawyers will vigorously defend and file a complaint against the SEC. Their so-called fraud allegations have absolutely no basis in law or in fact."

That's what I said, but I was secretly happy, and the Wall Street bigwigs who followed the press conference in the middle of the night heard his serious nonsense. The rhythm of the SEC is also a group of people who are tired of the operation of the SEC pig teammates.

At the same time, the person at the press conference continued to talk with a solemn expression:

"The allegations made by the SEC against me, the so-called conclusively exposed my perfidy and fraud behind the financial turmoil? I do not agree with this. Is this the whole truth behind the crisis? Is the SEC only accusing me of Misled the world's smartest Wall Street investor in the'synthetic' debt-backed securities transaction in No. 1 China in 2007?"

"This allegation looks like a funny farce, and it is far from conclusive evidence that caused the financial crisis, but dumped this pot on me personally. When did I have so much energy?"

"OK, let's analyze the frauds claimed by the SEC. Among them, I cooperated with Paulson, a hedge fund investor in the short-selling subprime market, and a descendant hedge fund Michael. The SEC accused me of allowing fund companies to choose Mortgage Securities allows investors to speculate through CDO, and also accused me of failing to tell investors about the role of the fund company as the counterparty to this transaction."

"Regarding this allegation, we could not find anything in the 2007 CDO issuance documents claiming that Paulson’s company will do a long transaction with ACA. The issuance documents stated that I am not the issuer of the equity part of the transaction. A transaction ACA must have read these documents, it must be very clear. It also pointed out that ACA has the final say in which underlying assets included in the CDO portfolio, and ACA also excluded the recommendation of Paulson Fund. Of multiple assets."

"The more basic situation is that the designed investment does not hold mortgages or even mortgage-backed securities. This is why it is called a'synthetic' CDO. It is just a financial instrument that allows investors Under the circumstances, the future value of certain mortgage-backed securities is gamed."

"But in the SEC's indictment, it seems that the products issued are actual mortgage portfolios, not bets on these mortgages. So I am puzzled, why can't I give a clearer description? Maybe I don't understand at all. The difference between a cash CDO and a synthetic CDO is more likely that knowing these but obscuring the wording of the allegations, confuses the media and the public."

"By definition, this type of CDO transaction is a bet on secondary mortgage-backed securities. The existence of a short bet is not a secret, but a sufficient prerequisite for the transaction."

More than half of the reporters at the scene were stunned for a while, did not understand at all, or did not understand, the operation of these financial derivatives crazy dolls, if not a professional, the more they listened and became confused.

Although they didn't understand, the reporters saw Luo Cheng's rhetorical posture, which seemed to be justified.

Well, you say a lot, just believe in you.

Luo Sheng on the speaking stage frustrated his hands in the face of the major media’s lens and continued: “As for whether I have an obligation to tell everyone that Paulson and Michael short subprime loans, it is normal business practice not to disclose the parties involved in the transaction. It’s just that I’m more puzzled as to why I should be treated differently? Besides, Paulson and Michael are just hedge fund dealers, and no long investor would think that this would be like a bet against Buffett."

"In this incident, no one can stand aside. Paulson, Michael and IKB and ACA bet against each other. No one is not an expert on Wall Street and ordinary commercial streets. No one can deceive him. All The chaos is all caused by Wall Street. Put the shit bowl on my head? What international joke?"

The implication is that if you use your game rules to play, you can't afford to lose if I win?

Toad's back, Laipi?

Luo Sheng added: “As for saying that I am short on Bluestar Technology, I’m sorry, I don’t know where the news comes from, but I will investigate the source and I will write a letter from the lawyer. I am not obligated to tell everyone that the transaction will not be disclosed. All parties are normal commercial activities, not to mention that I have not participated in the short-selling operation at all, and I have no knowledge of the behavior of third parties and do not make evaluations."

"Furthermore, I suffered a loss as a result of the stock price falling. In other words, I suffered a heavy loss because I was a long investor who cheated on the transaction. I am also a long investor in the transaction. Therefore, I conspired to defraud... Myself?"

...

"F***...I have had enough!"

When Lloyd, who was on the other side of the ocean, saw this place, the big man directly got up and lifted a stool and smashed the screen to a smash, and he was anxious.

Luo Sheng's series of defensive responses, heard in the ears of Wall Street bigwigs, are all mocking and humiliating their Chi Guoguo.

Anyone with a discerning eye knows that he is arguing. In the past few years, the scale of his family fund assets has increased exponentially. Is this money made out of thin air?

But there is no way to refute it. In addition to condemnation, he cannot be effectively sanctioned in law, nor can he freeze and confiscate the profits he has made over the years.

The only thing that makes the big guys feel better is that the current short-selling Bluestar Technology has been in the car, but it is still very angry, and the biggest piece has been crossed by Luo Sheng.

At the end of Luo Sheng's press conference that afternoon, new news about him broke out again.

The Luo Sheng family fund holds US$850 billion in US debt assets and is actually the third largest creditor of the United States. From another perspective, it is more than this number. As long as the petro-dollar is not decoupled, it must deal with the US dollar. As long as you have U.S. dollars in your hand, they can be regarded as U.S. debt.

That is to move towards 2 trillion US dollars. The US dollar assets in Blue Star Technology and the Azure Coast must also be added up. Although Luo Sheng is not personal, he has the right to dispose of these funds, and offshore family funds are not him. Personally, but he can dispose of these assets.

When the news came out, it can be described as a stone wave in the global investment community. Investors who heard this news suddenly realized that Luo Sheng seemed to be on the cusp, but in fact, he could not be more stable. Because of the credit of the US dollar, Luo Sheng was thrown into a rat, even if he wanted him to disappear on the earth in an instant, but he had to bear the breath.

It's not that I don't want to touch his money, but I can't and dare not. At this moment, investors are awakening like a dream, and Luo Sheng is afraid that he will win again.

In the last second, I’ve been singing the bluestar technology stocks. It is possible that on the third day, there will be a further vent of about 20% plummet. As a result, this breaking news was exposed, which directly led to a major reversal in the direction. The stock of Star Technology suddenly became fragrant again.

When the stock market opened next Monday, Bluestar Technology shares jumped directly and opened higher, soaring 32.2%. The market value returned to one trillion US dollars that day, and the total market value of after-hours trading reached 1153.1 billion US dollars.

This time the speed of the rise and take-off is so fast that the small and medium-sized investors around the world have been stupid, and the leeks have been cut away. Especially the investors who cut meat at the high point on the previous trading day saw the market of Bluestar Technology today... ...People are stupid.

...

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