Vol 6 Chapter 596: Cooperate

? The John F. Kennedy Airport in New York on the morning of September 18 was still as busy as before. At the exit, the crowd was bustling, lively and indifferent.

As a group, it seems difficult to see the projection of the current bad situation from their faces, but there are still changes, and they are obvious.

Those young people who seem to usually only pay attention to the entertainment version are now paying attention to the financial news on the front page of the newspaper.

They are also helpless. The irony is that when Wall Street is beautiful, they are actually far away from ordinary people. The luxurious life of drunken gold fans also separates them from ordinary people.

But when Wall Street was unlucky, suddenly, many ordinary people had to breathe with them and share their fate.

Don't want to be with them, but you have to share the hardships with them. You can only say that the financial industry has a huge innate advantage in terms of function setting.

After a long-distance flight across the ocean, Feng Yiping looked a little tired.

It was mainly this way. He only slept briefly a few times. On the one hand, it was because of worry, and on the other hand, because of the large number of people on the plane.

Next, there should be a chance to buy a plane.

"President Feng," Li Rui waved at him far away.

Feng Yiping looked at him for a moment and nodded, "Mr. Li has worked hard!"

He patted his shoulder, "You don't use it to pick up the plane at all,"

Li Ruiyuan looked even more exhausted than him. It can be seen that the workload of the past few days has been really not small.

"President Feng, I didn't do a good job, I still have so many contracts..."

Feng Yiping interrupted him, "Everyone has worked very hard,"

His speculation is in the right direction.

In the current situation, those guys in the regulatory department, in order to combat the greater impact of hedge funds on financial institutions, have indeed simply and rudely announced that they are temporarily banning shorting of financial stocks.

What he didn't guess was that it was not the United States that was the first to perform this trick, but the United Kingdom, which had just played the United States.

Of course, I believe the United States is very happy that the United Kingdom is ahead this time.

Because if there is some excuse for helping the two houses and AIG, then issuing such a prohibition order, no matter what it is, is an administrative order to interfere in the free market.

You know, this is what they have criticized many times in the past, such as during the Asian financial crisis.

To say that it’s not easy to pull down and do this, but it’s really great to have the British take the lead. The United States will soon follow the British, and announce it before the market opens in the morning. This order was followed.

Regardless of the question, after the market opens today, the US stock market will definitely rebound.

But that doesn't really matter. The contract they still hold, but a few million dollars, is nothing compared to the earnings these days.

"After today, everyone can have a good rest, and you too, go home..." He paused, "Or, take your family with you and find a beach to sunbathe."

"It's actually pretty good at home,"

Li Ruiyuan nodded, "Yes," and then shook his head, "Hong Kong is now..."

Feng Yiping patted him on the shoulder again, "It will pass,"

"I think the Hong Kong government should hold the relevant institutions accountable, and we will also speak out. It is best for banks that mislead the public to compensate individual investors for their principal."

"Thank you," Li Ruiyuan didn't hide his emotions in front of Feng Yiping, "It's just that there must be a long process,"

This means that some people may not be able to survive now.

Feng Yiping has no good way to do this.

It should be said that this time Lehman collapsed and the individual investors who lost the most and most concentrated were not in the United States, but in Hong Kong.

In Hong Kong, there are hundreds of banks and three securities institutions that have sold more than 14 billion Lehman bonds to tens of thousands of Hong Kong citizens.

This kind of Lehman bond can be said to be a derivative of financial derivatives. It has a unique name in Hong Kong, "mini bond".

The reason why it is called "mini" is because the sales organization has broken down the original $1 million bonds to tens of thousands of Hong Kong dollars in order to facilitate the sale to the public.

This kind of thing, in fact, should not be used for retail purposes at all, because its collateral is originally a lot of financial derivatives that even these underwriters can’t figure out. How can people who buy it know what they bought? These bonds are actually very unreliable?

It is said that the contract of this bond is as high as 54 pages!

I believe that few people will finish it, and the important thing is that few people can understand it.

However, the sales staff of the bank put it simply when selling, "This is a guaranteed bond," "I will receive an annual interest of 6% in the first 6 years and repay the principal once in the 8th year." (Looks like domestic Many banks in China are also on the road of bluffing and misleading,)

Many people are in Lehman's name, and the return is fairly good. The most important thing is safety. They put all their life savings and pensions into it.

As a result, they knew only after Lehman fell that interest payments would cease next month, and the principal would not be guaranteed... Life savings have become waste paper.

Not only ordinary people but also many former officials of the Hong Kong government were implicated in the collapse of Lehman. They all put in their annuities. Some well-known artists are no exception. Jacky Cheung, Maggie Cheung, Li Jiaxin, Tsang Zhiwei, Rene Liu...

The singer, who was already warm on the bed with his wife and children, bitterly announced that "40 million was lost," so he had to end his leisurely retirement and continue to work.

However, Feng Yiping still did not retire after starting the work for so many years from Songshen. It can be inferred that his loss should be far more than 40 million Hong Kong dollars, and it is estimated that more than 40 million US dollars. (Those fugitives caught at his concert should be Unexpectedly, the culprit that led to their arrest was Dick Fuld who brought down Lehman).

In addition, some Hong Kong people invested in foreign real estate before, and now they are also insolvent. Suddenly, Hong Kong is really similar to the Asian financial crisis. People often fly themselves as kites in high-rise buildings... Oh!

Speaking of which, compared to the Mainland, Hong Kong, as a free port, does have more channels for the public to invest, but correspondingly, there are more opportunities for being scammed.

However, because of the sharp drop in the domestic stock market, many mainland investors have not improved much this year.

…………

Downstairs of the Goldman Sachs office, Lauder shook hands with Feng Yiping in the breeze. On the opposite side, there was a large row of cameras and cameras.

The flash flashed, and the scene where Feng Yiping smiled and whispered to Lauder was recorded by many reporters.

They must have never imagined that the smiling Feng Yiping had said something to Lauder, and Lauder's face was especially ruddy, and it was not because of happiness.

That was mainly because Feng Yiping's handshake was very hard.

And what he said to Lauder was, "Do you want to be so big?"

Lauder smiled and waved to the reporters, leading Feng Yiping towards the inside, "If you lower the conditions and inject US$10 billion into us in advance, you can save many of these links."

Feng Yiping glanced at him, do you think I am a fool? "I don't want you to be said to have no spirit of contract because of such behavior,"

"Hehe, at this time, I don't really care," Lauder took Feng Yiping into the elevator, "You know, we have calculated that excluding the $5 billion call option you requested, it is the 50 you bought. When we repurchase the preferred stock of billions of dollars in two or three years, your profit will exceed at least $2 billion."

Feng Yiping was very relaxed, "You still have the freedom to stop now,"

"Aren't you sure that I don't have the ability to stop?" Lauder couldn't help but roll his eyes-Feng Yiping found that this guy often rolls his eyes when he is being interviewed on TV now.

He looked at Feng Yiping seriously, "Are you really Chinese?"

"How do I feel that you are a more authentic Jew than me?"

"You praised, I just have a higher ability in this area," Feng Yiping glanced at him and said faintly ~www.wuxiaspot.com~ I'm just a genius,"

"But don't worry, I am definitely not as good as you when it comes to profit."

"Haha," Lauder laughed, "Feng, you are getting more and more interesting."

He reached up and walked into his office with Feng Yiping's shoulders, "In an hour, we will attend the signing ceremony."

"Mineral water, thank you," Feng Yiping said to his blond secretary, leaning back lazily on the sofa, picking up a newspaper and flipping through it at will, "John is here. He will come forward for these things."

He glanced at Lauder, "Of course, I will be there."

Since you want to make money, of course you have to pay the price.

"Thank you," Lauder sat down affectionately. "You have to accept an interview."

Feng Yiping frowned, Lauder immediately raised his hand, "I promise you you will like it. It was the beauty who interviewed you."