Chapter 2266 45 times leverage!
Rexel said coldly: "You should understand clearly, the hegemony has never been the hegemony of us hegemons, but the hegemony of the Tianlong people, the foundation's hegemony, and the hegemony of the privileged class!!!"
"There is also the subprime mortgage crisis, which was also caused by you who only care about votes and engage in economic development with your eyes closed!"
"We are just collecting debts legally, and you actually call us traitors? Oh, my-god, your remarks are really ridiculous!"
Roma was speechless and speechless. At the same time, he also knew that these people were probably sent by the Sky God camp to cause trouble, so he could only say helplessly:
"Bels and others can still be saved, can we each take a step back..."
"Excuse me, Mr. President, Bales and the others are totally hopeless! I'm afraid Bales and the others haven't confessed their company's true leverage ratio to you, have they?" Rexel said with a mocking smile.
As soon as he said this, Rom frowned and looked at Jims.
Jims's face was paler than the paper at the moment.
During the market frenzy, Bales and others added high leverage to expand investment profits in the subprime mortgage market.
During the economic boom, the higher the leverage ratio, the more you will earn.
But during the economic crisis, the previous high leverage ratio has turned into a butcher knife that can directly behead people, and beheading can only happen in an instant!
"How much leverage has your company added?" Rom asked in a deep voice.
"This...this..."
Jims hesitated and couldn't explain why.
"5 times? 8 times? Or 10 times?"
In Rohm's view, if a company invests in a company that can leverage up to 10 times, it is already an exaggeration.
"I...we..."
"45 times."
Before Jims could continue to stutter, Rexel answered directly for him:
“Companies such as Bells have increased their leverage by 45 times!”
"Wow!!!"
The scene was in an uproar! ! !
Everyone was stunned!
45x leverage?
Can they do this by humans?
This means that if the subprime mortgage market falls by even 2%, companies such as Bells will lose 90%!
If the market drops 3%, they will lose everything!
Rom gasped.
45x leverage…
In the past two months, housing prices have fallen by more than 3%!
This means that companies such as Bells have lost all their money a long time ago. Now the company only has debts and no assets at all!
Now whoever takes over Bales and so on will be the big grudge!
Rom trembled: "Jims, is what he said true?!"
Jims was shaking all over and lowering his head like a little boy who had done something wrong.
"say something!!!"
Roma said angrily.
Under the gaze of everyone in the audience, Jims gritted his teeth and said with his last breath:
"Mr. President... let Bales and others file for bankruptcy..."
This sentence is equivalent to agreeing with Rexel's statement.
Rom's eyes immediately went dark and he fainted on the spot.
…
…
Imperial capital.
Su Youcai reported: "The press conference of Mr. Shang, Bales and others was suddenly interrupted, and Chen Mo also sold nearly 5 trillion yuan for short selling."
When Shang Li heard this, his body trembled: "The opportunity has come! Take out all the funds, increase the leverage, and have the right to short the abx index!!!"
Su Youcai's eyes widened: "Are we going to do Stud again? But the Federal Reserve Bank has just announced assistance to Bales and others..."
"You don't understand Chen Mo at all. This guy must have done something damaging again. If Bells and others can't survive, hurry up and short me!!!" Shang Li urged.
No one knows Chen Mo better than Shang Li.
In such a weird situation, there is only one possibility, and that is Chen Mo is going to fight back!
"Chen Mo, I'm lending you my luck this time, you bastard, don't let me down!"
…
…
Foundation headquarters.
Michelle's voice suddenly sounded:
"Mr. Rothschild, the Sky God camp suddenly injected a large amount of funds into short selling!!!"
As soon as he finished speaking, Solomon immediately asked:
"How much money has Chen Mo shorted?"
Michelle responded: "5 trillion in funds in 5 minutes."
Hearing Michelle's answer, Solomon's mouth twitched.
5 minutes, 5 trillion?
Chen Mo's handiwork is not ordinary!
"Hmph, are you using "cheating" again? Chen Mo is still playing his old tricks, betting that I won't dare to follow him?"
"5 trillion, hedge it for me!!!"
Solomon did not hesitate to add money to hedge.
Anyway, Bales and others have been rescued, and the risks of the subprime mortgage crisis have been released in a short time. As long as Chen Mo's funds are exhausted, he will have no power to resist and can only watch them slaughter.
The other main gods of the foundation and the richest men and powerful people around the world also think so.
"5 trillion, put it in within 3 minutes, and buy it all up!!!"
"yes!!!"
All traders responded in unison.
The sound of keyboard tapping became faster, and the huge office area was filled with excitement and joy!
But soon, the excited smile on Solomon's face disappeared.
He was surprised to find that the abx index did not rise and even began to fall rapidly.
"What's going on? Why did the abx index fall instead?"
Solomon looked in disbelief.
Just then, Michelle exclaimed: "Mr. Rothschild, you... you look at this!!!"
On Michelle's phone, a news popped up:
"The Fed's aid plan was canceled, Bears and other companies filed for bankruptcy and laid off 90% of their employees. The company is now insolvent..."
Solomon's eyes almost popped out!
"What's going on? Why did Bears and others suddenly file for bankruptcy?"
"Michelle!!! Contact Rom for me and ask what this guy is doing?!"
Michelle hurried to call.
It took a long time for the call to be connected.
The person on the other end told Michelle: "The president had a heart attack and was taken to the ICU for rescue."
Then, Michelle revealed his identity and asked about the whole story.
"It was the Air God camp who did it! Chen Mo somehow bribed the elites of Wall Street to ask for debts, forcing Bears and others to admit that they were insolvent and on the verge of bankruptcy."
Michelle reported.
"But the Fed doesn't need to cancel the aid. At least it should help Bears and others survive these few days!"
Solomon asked in confusion.
"Mr. Rothschild... It was revealed that companies such as Bear St. Petersburg had increased their leverage by 45 times for financing."
Michelle said bitterly.
In an instant, Solomon suddenly realized why Roma had a heart attack.
Once the information of 45 times leverage was exposed, unless the Federal Reserve took over the debt completely, no matter how much money was invested, it would be wasted.
The market would not approve the Federal Reserve's aid plan!
