Chapter 2263 Bells and others are alive, Chen Mo is finished!
Rexel was also feeling mixed emotions at this time.
If he stepped out of this threshold today, he would have to step on the corpses of countless ordinary people in the Hegemony Country to make profits for himself!
It is not an exaggeration to even say that he is a traitor.
What he has to do now is to exchange his own interests for the interests of the country and the people.
"I'm ready."
But Rexel did not hesitate too much.
The Hegemony Country has never been a country for ordinary people, not even a country for chaebols like him.
Rexel does not have as strong a patriotic spirit as Trevor.
Chen Mo: "Okay, the time is almost right, remember to report to me."
After hanging up the phone, Rexel took a deep breath and informed many Wall Street elites who attended the meeting yesterday:
"Guys, it's time to let the giant fall!"
...
...
Hegemony time, 10 o'clock in the morning.
The press conference on the aid plan for Bells and other companies hosted by Bells and participated by Mogen Chase and the Hegemony Federal Reserve will be announced live soon.
Although the Federal Reserve was very dissatisfied with the fact that Bears and other companies issued the announcement without prior approval a few days ago.
However, under pressure from the air god camp, the Federal Reserve finally agreed to Bears' "minimum 28 days" loan repayment agreement, which meant that Bears and other companies could not repay the money in the short term.
The venue was packed with people, and even many of the top foreign financial journalists and experts came.
After all, the subprime mortgage crisis is not only related to the hegemony, but also to the security of the world economy.
After the press conference began, the CEO of Bells and other companies, James, picked up the prepared press release and spoke seriously:
"A few days ago, the company had some financial difficulties, which caused trouble to everyone."
"But the difficulties are temporary. With the help of the Bank of Tyrants and Mogen Chase, Bells and other companies' finances have improved."
"I called everyone here today to tell you what the specific assistance plan of the Bank of Tyrants and Mogen Chase is like."
Immediately afterwards, James handed the microphone to Rom, who was in charge of the Bank of Tyrants.
Rom still used the same set of words.
"We have never had a nationwide housing price drop. If there is, it is only a small-scale and controllable one."
"We will always maintain economic growth, and what I want to say is that as long as we maintain growth, there will be no economic downturn, right?"
"What do you mean, can we maintain housing prices? Of course we can. The hegemony has been around for decades, and it has encountered many economic crises. Anyone who shorted the hegemony has failed.
Don't forget that the hegemony has monetary hegemony!
Crisis? There is no such thing!
With our powerful weapon, the Federal Reserve, we can just release water, balabala..."
In short, it's still the same rhetoric as coaxing a child.
The people below are also very annoyed to listen to it.
Perhaps realizing that he had said too much nonsense, Rom coughed and got back on track:
"The Federal Reserve has decided to provide emergency funds to Bear Stearns through Morgan Chase to alleviate the company's liquidity shortage crisis."
"We estimate the amount of short-term emergency funds to be as high as 30 billion U.S. dollars, enough to support Bear Stearns and other companies through the most difficult times!"
After Rom finished speaking, he was still waiting for applause from the audience, but no one paid attention to him.
Because this is the first time that the Federal Reserve has provided emergency funds to non-commercial banks since the Great Depression in 1929.
It is enough to show how terrible the harm of this subprime mortgage crisis is.
Rom's words have a sense of funeral celebration.
But in any case, 30 billion U.S. dollars of funds are more than enough to save a Bear Stearns and others.
When the live broadcast comes to this point.
Solomon saw the opportunity and gave an order: "Smash another 1 trillion! Push up the abx index! Rebuild market confidence!"
Billions of billions, hundreds of billions of super buy orders instantly filled the trading column!
The ABX index, which was originally fighting against the God of Air Force camp and was still rising slightly, was pushed up by 3 points in an instant!
All the investors in the hegemony country were once again excited!
"Bells and others are completely alive, and the subprime mortgage crisis is over!"
"The rescue policy of the hegemony Fed is too powerful, and now the big institutions will definitely be bullish!"
"Everyone, hurry up and buy the bottom, the hunting time has come, and the time to encircle the God of Air Force camp has come!!!"
"..."
At this moment, market confidence seemed to be activated.
Countless investors bought the bottom and entered the market, and began to buy up in the securities market related to the housing market!
These operations pushed the ABX index up continuously!
"Mr. Chen, the ABX index is about to return to the level before shorting!"
"Our losses are increasing, especially CDS. Almost all the surplus money yesterday was lost."
"Mr. Chen, what should we do? If Bells and others are alive, we will die!"
"Hedge, Mr. Chen?"
"Mr. Chen, find a solution quickly. If we delay any longer, our positions will be blown up!"
"..."
The traders were sweating profusely and kept asking for help.
They just remembered what Chen Mo said yesterday.
As long as there is no withdrawal, the surplus on the books is only temporary!
Trillions of dollars were earned yesterday, but today, in just two hours, it turned into dust!
The energy of the world's largest economy is so terrifying!
Chen Mo lit a cigarette and said in a deep voice: "Continue technical defense, don't hedge for the time being."
Although these traders were very puzzled,
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But their professional ethics made them dare not ask more questions, and they could only do what Chen Mo said.
A 200 basis point interest rate cut, plus the announcement of the specific assistance plan of the Fed to revitalize companies such as Bell.
As soon as the two big moves were launched, the Air God camp was like being hit by a nuclear bomb and withered directly.
1 point, 2 points, 3 points...
The ABX index has entered a state of rapid growth, and it is about to reach the state before short selling!
Once it goes back, the market confidence will really come back! ! !
Chen Mo's short selling this time will be declared a failure.
Even if the subsequent subprime mortgage crisis still occurs, it is basically impossible to destroy the foundation and seriously injure the hegemony.
At most, it will be like the previous life, the hegemony economy will be sluggish for a few years, and then recover.
From then on, I am afraid there will never be such a great opportunity as the subprime mortgage crisis!
This is not what Chen Mo wants to see.
"It's only one point away from returning to the ABX index before short selling!!!"
He Chaoling's nervous sweat soaked her hip skirt.
If Chen Mo withdraws at this time, the loss will reach nearly 10 trillion.
Plus the loan interest promised to Li Cheng and others, it is almost equivalent to losing most of Moyuan Capital. Although it is not bankrupt, the company has definitely changed hands.
"Boss, there are 0.7 points left!"
"0.6!"
"0.4!"
"0.2"
"There is less than 0.1 point of space left!!!"
Hurry up and give the order to hedge. Anyway, the 50 trillion is not our own money. It is better to lose it than to lose it in your hands!!!
Chen Mo lowered his head and kept looking at his phone. He seemed calm, but the speed at which the cigarette in his hand burned betrayed him...
