Chapter 42 The Wolf of Wall Street
After getting off the plane, Bai Mo, carrying a pure black briefcase, reached out to stop a taxi on the side of the road.
Ever since the white foam in Japan began to spread itself and replaced itself by taking over other bodies to create a new me.
Baimo's consumption in the Shanghai laboratory has dropped significantly, and the speed of cloning himself, developing evolutionary drugs, etc. can be slowed down. The speed of spending millions of funds a week has also eased slightly.
"Master, go to Wall Street." Bai Mo spoke English fluently.
The driver was a white man with blue eyes. He drove towards the location Bai Mo mentioned in an experienced manner.
"Sir, you seem to be preparing to apply for a job."
The driver chatted while driving.
Bai Mo shook his head, then replied: "Find someone to cooperate with."
"Oh." The driver looked in the rearview mirror, trying to determine Bai Mo's specific identity.
First of all, this coat and briefcase make him look like a social elite, and the money he spent on his clothes must not be cheap.
"Cooperate?"
“I didn’t expect you to have achieved so much at such a young age.”
Bai Mo accepted the driver's greeting with a smile and said politely, "All this is thanks to her help."
The English word "she" made the driver realize that it was a woman.
So, is this a complete achievement in life?
As if thinking about something, the driver stepped on the accelerator and changed the road.
Bai Mo looked at the scene nearby and asked thoughtfully, "It seems very deserted here."
"Is it uninhabited?"
"Oh." The driver laughed twice, then said, "Of course it's empty. The houses here were bought by young people with loans. They use their houses as collateral for bank loans and live a life of luxury."
“Not down to earth hard work at all.”
Hearing the driver's words, Bai Mo had some guesses in his mind and continued to ask, "The level of repair of the houses in this block is enough to live in forty years, but it is so desolate."
“Will it be more serious in other places?”
"Who knows? Anyway, it's not our business. The old men in the White House waved their hands and ordinary people like us suffered."
"I hope these messed up policies can get better, especially if the parking fines can be reduced by half..."
"arrive."
The driver chatted with Bai Mo for a long time, and then he stopped not far from Wall Street.
Wall Street, a large street extending from Broadway to the East River in southern Manhattan, New York City.
It is only one-third of a mile long and 11 meters wide. The streets are narrow and short, with only seven blocks from Broadway to the East River, but it is known as the "Financial Center of the United States".
The management offices of banks, insurance, shipping, railways and other companies opened by the American Rothschild Consortium, Morgan Consortium, Rockefeller Oil Tycoon, Goldman Sachs Group and DuPont Consortium are concentrated here.
The famous New York Stock Exchange is also here and is still the headquarters of several major exchanges: such as NASDAQ, American Stock Exchange, New York Mercantile Exchange, etc.
Of course, the current Wall Street refers more to a group of highly concentrated monopoly capital groups - mixed-race families - that spread outward with the original "Wall Street" as the core.
Bai Mo knew very well that in this real world where dragons existed, the giant group established by Han Gao and the mixed-race families behind him was now the essence of Wall Street.
Stopping, Bai Mo went straight to the place he had already agreed on.
Walking up the stairs, passing through the elevator, and seeing the people coming and going in the corridors, Bai Mo arrived at his destination in no time.
"Hello." Bai Mo walked up to the person he had agreed to meet and introduced himself: "I am Mr. Bai."
English name.
The person Bai Mo made an appointment with was a barefoot man with short brown hair, black pupils, and wearing ordinary clothes.
- Barry, the operator of Thain Capital, a hedge fund worth hundreds of millions of dollars.
"Hello."
After a brief meeting and exchanging some information, the two walked into a separate small room.
The decoration here is comprehensive, and there are all kinds of items, which can be said to be fully available.
Bai Mo sat on the leather sofa, opened his briefcase, and then turned on his computer, pushing a series of contents in front of him. Barry checked the information in the computer.
These numbers and patterns are extremely complex and cumbersome, with the data contained in units of tens of thousands.
If other people saw this information, they would probably think it was a joke. But for Barry, who has been good at mathematics since childhood and has a serious personality, this is the best thing to say.
Anyone can lie to you, but data can't.
Math won't lie to you.
"Please allow me to look up some information." Barry said politely.
"of course."
Bai Mo just sat there quietly, waiting for his verification.
One, two, thousands of pieces of information were gathered together like a sea of stars, and then formed the answer he wanted.
These are all true.
After reading it, Barry understood what Bai Mo meant.
This man who found himself through the Internet tried to do something big that would shake the country!
Short the mortgage market and become a big short.
"I checked the underlying funds of the 20 major banks and determined that 85.67% of the people who took out loans were people who had no ability to repay the loans. They were using loans to buy houses and then mortgaging the banks to buy new houses."
Houses have become a commodity, a commodity that can be traded like data.
"But housing has its limits. The land, industrialization, total commodity volume, social productivity, and even residents' labor indicators, national policies, etc. in the United States make it impossible for housing to be recycled indefinitely."
The bank provides money and invests 100 million to buy houses for people.
According to the repayment logic of thirty or forty years, this is a long-term benefit.
But if this set of bonds is packaged and sold to the next person, the bank will receive part of the principal and the so-called interest.
The person taking over will receive a portion of the interest on the loan from the homebuyer and will also take over the corresponding bonds.
It's not complicated, it's very simple.
The so-called bond transfer is actually a reasonable, legal and covert means to quietly seize the country's wealth.
Barry bowed his head and clasped his hands together.
He looked at the glass wall on his side and the traffic and crowds outside the window.
“The entire real estate industry is built up of piles of junk stocks.”
It was already beginning to falter.
Even if you don't have yourself, or find your own Mr. Bai.
This bomb buried tomorrow will surely explode, and then the sky will collapse and the earth will split, and this country will spread a financial storm that will affect the whole world!
Short sellers, what is the upper limit of short selling?
Is it a short selling of a company, a group, an industry, a country... or a financial entity composed of global united countries?
Bai Mo held out his hand and invited, "This is a fortune, isn't it?"
"Of course." Barry nodded and smiled.
The two of them thought of the same thing, how to perfect this idea and combine the preliminary contents into a huge union.
"By the way, the Shinomiya Group in Japan is also willing to join in."
"Okay." Barry didn't say anything.
With such huge benefits, even if he could get it all by himself, he would not be able to take it all, and the same would be true even if the Shinomiya family joined in.
When interests are not damaged, the cooperation between partners is naturally harmonious.
Recommend a movie - The Big Short.
After reading it, the author really found that this is the sharpest sword.
(End of this chapter)