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Chapter 364 Thunderstorm

Steve patted his forehead and smiled and said, "I hope he will make more money from Wall Street, so that Blackstone will sell assets in the future and there will be a new buyer. Look at the old guys on Financial Street who are all cheering, but they are actually Grandet, which only enters and cannot leave!"

Peggy pursed her lips and did not respond. Although her brother's death has been investigated clearly, it has nothing to do with Liu Ming. The last time the Oriental Industrial acquisition case lost to the other party was because the bid gap was too large, but she just felt an inexplicable hatred towards Liu Ming, feeling that this guy had been against her.

By this time, Swift had finished singing the first song.

Suddenly, Peggy keenly discovered that two men, holding phones, hurriedly ran out of the concert scene and left the concert at such a hot concert. I guess something big happened.

Steve frowned and said, "The situation is wrong, there are many people leaving the venue!" All of them hurriedly left the venue.

Peggy also received a text message on his mobile phone, and Huifeng Bank of England sold 10 billion meters of cdo debt-backed securities!

"Oh no, we haven't found out what the relationship between Nakamura Lei and Liu Ming!" said Peggy.

"Forget it, the storm is about to hit the city, so we should hurry up and go back and report! Maybe there will be many good projects to do this time!" Steve twisted his body with excitement to the music on the scene.

At this time, Park Jae-hyung was on the stage, using his unique horse-riding dance to push today's concert to the first climax!

The news that Huifeng escaped from the CDO market is equivalent to the first thunder in the subprime mortgage market in the financial circle!

When more than a decade later, some economists prefer to use Swift’s New Demon Tour as the fuse of this subprime mortgage crisis. They quoted it many times in their autobiography, "Swift Garden Square Incident"!

Ha Hyun-joo, who was standing in the backstage of the concert, also received the news and said excitedly: "It's finally started!"

Just one day later, all the credit swaps of the United States' housing debts were frozen.

The fifth largest investment bank in all-mi, Bell Bank, held a press conference, and two funds investing in subprime loan securities products went bankrupt, and investors lost more than one billion meters.

All fund managers on Wall Street are trying to find ways to sell cdos. It only takes two months to go from a high-quality 3A-level financial product that is hard to obtain, to garbage thrown on the ground that no one picks up.

At this time, no one really knew how great destructive power the thunderstorm of the US housing debt contained.

Mid-Federal Chairman Powell once again convened a meeting of major investment banks on Wall Street.

At this meeting, there was a hint of gunpowder in the atmosphere.

"CDO is like the US Treasury bonds, and it is a financial product guaranteed by various banks. I know that everyone here hopes to raise the price of CDO again." After scanning everyone with a heavy face, Old Man Powell continued: "But this is an impossible task. The risk exposure is too great. You have added dozens of times the leverage to your financial products, so you know it!"

"This group of hateful British people only care about escaping their lives and do not care about the lives of others. Lord Powell, people are just panic now. We only need an operation to strengthen people's confidence to get back to life." Barnett, chairman of Bell Bank, said evading the important matter.

Powell glanced at him first, "Child, you just talked about the essence of finance, which is people's confidence in the future, and what I just said is a state of lack of confidence! It is the present."

Barnett, not knowing whether it was fat or hot, had a sweaty face, "Hisser Powell, please save us." In less than two days, Bell Bank's stock has plummeted by 40%. This is not the most terrible thing. What's more serious is that countless CDO buyers and default insurance buyers are constantly redeeming cashing out of the bank. The original 30 billion meter-yuan guaranteed funds are about to bottom out!

Hughes sneered in his heart. The boat had overturned, and he remembered to find a lifebuoy. Such a person deserved to be drowned!

Powell thought for a while and looked at Hughes, "Hughes, why not buy Bell Bank with Morgen?"

Hughes was stunned at first, then suppressed the ecstasy in his heart. He didn't expect that the first piece of meat was falling on his head, and quickly responded: "I will send a team to verify Bell's assets immediately." After that, he turned to look at Barnett.

Barnett was too familiar with Hughes's eyes. He had controlled the investment bank for more than ten years and had planned too many opponents and peers. He knew that once a behemoth like the Demon Root was suppressed, even if Bell was completely finished, he would be diagnosed with three points of illness without illness, let alone the current situation!

Powell said again: "In order to deal with this financial risk, we need to use some arrangements from a few years ago."

Hearing this, Chairman Gao Sheng, McCao, sat upright, with a hint of excitement in his eyes.

"Your Excellency, if you allow it, I will notify the ECB immediately."

Powell nodded and said in a deep voice: "Start! Those parasites cling to Miligan's body and sucked blood for so many years. Do you think we are blind?"

With his order, everyone knew that the European continent would soon not be so peaceful.

After the meeting, Hughes called the group's audit department and immediately dispatched a team of 30 people to the Bell Bank headquarters to conduct asset verification.

At the same time, an office in the Magic Root Building also welcomed a group of uninvited guests.

A uniformed police officer asked, "Are you Nakamura Haru?"

Nakamura Suan held his glasses and nodded, "I am Nakamura, you guys..."

The man showed him the police sign and arrest warrant and said, "I am the FBI. You are suspected of undermining national security. Come with us!"

Nakamura Oshi was a little confused, "What are you talking about? I am just a fund manager, which will undermine national security! Wait! You are hurting me! I want to call my lawyer!"

"You have the right to remain silent, but every word you say will become a confession in the court!"

Next, all the computers and documents on the Nakamura Huo Station were taken away by police officers as evidence.

Such a major incident did not attract too much attention because most of them had a dismissal letter on their desks.

Looking down through the office floor-to-ceiling windows, there were many white-collar workers walking in their arms and boxes on the originally noisy Wall Street.

Hughes returned to the office and called Mei Qian up.

"Boss, I have taken 84% of the cdo and cds related to subprime loans. In addition, Doug's department was searched by FBII today, and Doug and Nakamura Haru were taken away."

Hughes nodded, "He's just a self-righteous idiot! You ask the finance department to pay them two for three months and tell him to get out immediately!"
Chapter completed!
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