"Um?"

Luo Sheng, who was lying comfortably on the bed, opened his dedicated laptop for work. When he opened the email address, he saw several specially encrypted email messages. The senders were Michael Barry of the hedge fund and John Paulson of the Paulson hedge fund.

Luo Sheng clicked on the email list.

[Mr. Luo, your part of the income of 5.475 billion US dollars in the successor fund has been transferred to your designated account. The successor fund has brought you the first return on investment of up to 685%. We will continue to remit the subsequent income to your account. Michael Barry said.]

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

[Mr. Luo, some of the income you generated in the Paulson Fund has been transferred to your designated account, totaling US$6.21 billion, with a return on investment of 679%. More income will continue to be transferred to your account, you are welcome. John Paulson is here to pay attention.]

Seeing these two messages, Luo Sheng subconsciously grinned: "Nais!"

He entered the market with US$6.2 billion at the beginning of the year. How long has it been? Now it has reached US$11.685 billion. Luo Sheng roughly estimated that there should be about two-thirds of the profit in the future.

What’s even more exaggerated is that the money is net income and cash flow. The taxes that should be paid have already been paid in the local area. A round of harvesting will make you rich and you can compete with a country.

Once this profit was transferred to Luo Sheng's account, it means that his wealth was not considered subsequent income. Coupled with the increase in value brought about by Blue Star Technology's stock gain, he has surpassed Bill Gates, the world's richest man.

Luo Sheng stared at the computer screen and stopped moving. It took him a while before he closed the laptop.

He could imagine that Wall Street in the Western Hemisphere is probably in an extremely crazy moment. Michael Barry and John Paulson are constantly selling their credit default exchanges, and they can cash out and leave the scene when they are almost done.

The nominal value of the $6.2 billion brought by Luo Sheng is US$142.6 billion.

Now, such as Goldman Sachs and Morgan Stanley, are crazy about buying credit default swaps held by big heads in the market, or deleveraging, or shorting themselves, etc.

For example, the credit default swap in the hands of the successor fund, Michael sold a nominal credit default swap worth $800 million to Goldman Sachs for $300 million.

If this credit default swap is a bet with Goldman Sachs, in theory, Goldman Sachs can hedge $500 million. If it is a bet with other investment banks, it means that Goldman Sachs can make a big profit from it, which is equivalent to drawing other people's blood to fill its own holes. You should know that Goldman Sachs has also bet against many short sellers before, including the slutty operations of betting against itself.

The top priority of major investment banks nowadays is to hedge their own debts. Survival is the top priority. While ensuring that they can survive, they will instantly turn from prey to hunters. For example, Goldman Sachs is an example of this, shorting yourself and others.

For the successor fund, selling it for $800 million is a loss for $300 million, but don’t forget that he only invested $34 million in it and now sells $300 million.

$800 million is false, while $300 million is now real US dollars.

Simply put, Michael bought a credit default swap for $34 million, which is now nominally worth $800 million, but in order to leave safely in advance, he sold the credit default swap worth $800 million to Goldman Sachs at a real price of $300 million.

This investment brought a 782% return rate to the successor fund, and successfully left the market after getting 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 and has no relationship with him now. He is only responsible for his 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, and the net income of US$11.685 billion has been transferred to multiple fund pool accounts, mainly entrusted in UBS, but UBS may become the biggest loser in the subprime mortgage crisis."

Qin Weimu's prophecy is not without reason. According to foreign information, due to the drag of the subprime mortgage crisis, UBS was forced to reduce its non-performing assets for the second time, with the total amount of the two reductions reaching 21 billion Swiss francs, or about 19.6 billion US dollars, which is the most severe loss among major banks in the world so far.

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

"According to Wall Street analysts' estimates, UBS has not yet got out of the quagmire and will definitely make a third reduction, which will cost $17.7 billion. Now UBS's stock market value has dropped by 23%. To get out of the crisis, UBS must carry out a large-scale capital increase plan." Qin Weimu added.

It's really miserable.

Luo Sheng shrugged, because he was not himself anyway. After a moment, he looked at Qin Weimu and asked: "How many funds are our funds in UBS's account?"

Upon hearing this, Qin Weimu immediately said: "About 57%, but you don't have to worry about UBS going bankrupt. It is one of the best banks in the world with a credit system."

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

UBS just lost money this time, but it will definitely not go bankrupt, otherwise there will be no idea how many rich people in the world will explode on the spot.

It is worth mentioning that the huge wealth harvested by Luo Sheng is currently invisible, and most of the assets are entrusted to UBS.

Luo Sheng can be announced, and it will definitely cause a sensation around the world. It will also be criticized by countless people and will be given the title of "super short seller" and "capitalist who eats blood buns".

Luo Sheng actually didn't care about these comments at all. The reason why he concealed these wealth that had been harvested from the subprime mortgage crisis was that he did not want to affect the business of the two companies because of this unlucky fortune.

If it is announced, it will definitely be hated by Americans, and even use their hands to retaliate against Blue Star Technology or Costa 1, which will be a loss.

Anyway, the money has been obtained, but it is only divided into two, with open assets and invisible assets.

However, it will be a matter of time before being discovered. Luo Sheng was mentally prepared for this, but it doesn't matter. Anyway, no matter whether he is discovered or not, Americans will definitely suppress their own companies in the future. There is no difference. So, as much as they can now, you can 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 wealth in the North American housing market. So how do you apply this asset?"

Once it is started, it will be necessary to explain this huge amount of funds as the outside world, and even if it is not explained, it will be found out soon.

All of these money is now offshore, and simply put it, it exists overseas, not domestically.

And so far, foreign countries do not know that the actual owner of the money is him.

Luo Sheng smiled and said, "Can a living person still be suffocated to death by urine? Of course, this money will not be lying still. This is the stupidest thing. My real purpose of harvesting this wealth is not to make my wealth worth a few more strings of zeros, but of course it is used for my investment in science and technology research and development."

After hearing what he said, Qin Weimu was thinking, and after a moment he looked at Luo Sheng and said, "I thought of a way to register an investment company in Cayman and then enter the mainland as a foreign capital to cooperate with the Costa ça, which is equivalent to investing in yourself. In the future, you can withdraw your investment and sell your business in the mainland to yourself, and sell it to yourself as cheap as possible."

Immediately afterwards, Qin Weimu added: "There is another advantage that the offshore funds are huge, which is more conducive to the layout of global businesses, any business behind the scenes."

Finally, Luo Sheng looked at Qin Weimu and boasted to him: "You are very familiar with the routines in capital operation. OK, just do what you said. You can handle it and report to me when you finish."

Qin Weimu: "Yes."

Her proposal made Luo Sheng suddenly have a more aspiring idea, becoming the most powerful behind the scenes of the world. Technology can change the world and control the world.

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

But as time goes by, reason gradually tells him that if he is born in a great era and becomes the promoter of the era, he often has no choice but to do something and realize his ideals.

If you don’t want to leave your fate and be at the mercy of others, you can only go on the verge of going on. Otherwise, you will face crazy suppression and sanctions from all parties, especially North America, and your brilliant achievements may eventually be deprived of them and become a wedding dress for others.

No matter what, I can only walk on the verge of being ruthless.

Such imagination was quickly pressed into the deepest part of his heart. When he returned to reality, he would not deliberately move towards this goal, but everything would go with the flow.
Chapter completed!