Wall Street Legend

Speculators are always more hated.

For example, the old Soros of the Quantum Fund has even been restricted from entering some countries. Many people will gnash their teeth in hatred when they hear this old man's name.

Now Ye Dongqing has also caused trouble. This time he bet nearly US$2 billion on short positions on three major credit rating companies. In addition, he also used overseas shell companies to short almost US$300 million. These are just three credit rating companies. It was just a company, and some investment banks, banks and other companies tied to the subprime mortgage business were also shorted by him. He was very generous and used almost all his strength in an attempt to maximize profits.

Therefore, he is obviously on the opposite side of these two credit rating companies, so he naturally does not need to be too polite when speaking.

There is nothing immoral. It is immoral to let these people bully ordinary people. One of the original intentions of establishing the short-selling mechanism is to survive the fittest, regulate the overheating of certain industries or individual companies, and make these listed companies more standardized.

Thinking about it from another perspective, the industries Ye Dongqing is currently investing in are developing smoothly. If unnecessary economic crisis is allowed to occur, it will not be a good thing for him personally, and he will definitely suffer some financial losses.

At this moment, he lit a cigar and smoked it. One cigar cost tens of thousands of dollars, but he didn't split it between the two of them. Since they couldn't be friends, there was no need to beat the dog with a meat bun. He found a comfortable position and lay on the chair to smoke the cigar, as if It is a proud expression of a winner.

Sharma, the Standard \u0026 Poor's executive, was at a loss for words.

His original intention of coming here was to hope that Ye Dongqing would be merciful and not push too hard. After looking at Moody's CEO Damon, he continued: "We will seriously reassess the risks and strengthen the management of our salespeople. Strictly review the past credit assessment business, but no one has suffered any losses now, right? We hope you can take back what you said before, which has had a very negative impact on our companies and will discredit the image of the United States in the world."

"Even if you are smeared, you can't blame me. Didn't you guys be careful before and nothing happened?"

Ye Dongqing almost laughed out loud. He could pick up any shit and slam it on his head. If it were a media giant or an arms giant, for the sake of his own reputation and life, he might stay away from it, but for these credibility He is really not worried about rating companies because the influence of these companies is limited, not to mention that the people sitting in front of him at this moment are just a group of senior professional managers.

"...Maybe we did make some mistakes, and I'm sorry for that."

"I don't need your apology. I would rather you publish your apology statement on your company's official website. I was in a meeting just now and the meeting is not over yet. Please come back, gentlemen."

Ye Dongqing issued an eviction order.

Damon, CEO of Moody's Company, was now more sure that coming here today was a stupid decision. He was annoyed and panicked at the same time. He began to worry about whether he could keep his position. What else did Lala Sharma want to say? Walk out without saying anything...

*********

"What were those two people doing here just now?" Mr. McCord arrived soon, and his office was next door.

Mostly because of the comfortable life, he used to be a bit handsome, but now he has become bloated and has a beard on his face, making him look four or five years older.

"Who knows, maybe they wanted me to make a statement and retract my previous remarks. Didn't they know that I was shorting their company? It's hard to imagine that such a naive executive could exist."

I deeply agree with what Ye Dongqing said.

Skipping this topic, McCord continued: "The Securities and Exchange Commission couldn't contact you, so they called the company. They have received the news and hope you can provide some proof that those credit rating agencies violated the regulations. According to the information, an internal investigation may be launched next, but don’t expect it to go too far. Washington certainly does not want the reputation of the business community to be affected.”

"I know. I'll have someone send the information there later. It's best to help me find a few witnesses. The kind who were in charge of the rating project but were fired by the company. I believe those people will Willing to retaliate against the company that fired him.”

"Leave this to me. What's next? It may be too late to add to the short position on Monday morning. It is estimated that the market will plummet as soon as it opens. If the subprime mortgage business is tightened, the listed companies related to real estate will also be affected. Impact, do you think it can be bearish?" McCord asked him.

Ye Dongqing finished thinking briefly and said: "Forget it, it may fall, but the risk is relatively high, and even if the profit is estimated, it will not be too much.

Rather than doing this kind of business, it is better to think about whether the group of investment banks and securities firms will launch a class action lawsuit against several rating companies. Even if the news comes out, it will be enough to make them hit the bottom on Monday. "

Spending money to borrow stocks and sell them, then buy them back to fill the gap later, and earn the price difference in the middle, is one of the mainstream operating methods in speculation.

Mr. McCord nodded and wrote down these things, and said with a smile: "Some investors were unhappy because of employee mistakes and losses a few days ago. Now the hedge funds can also make a profit, so there is no trouble anymore, right?" ?”

"There is no trouble in the first place. If you want to invest, just invest. If you don't, you will be put down. Don't think that you can dictate what you do if you put your money here."

After looking at the time, Ye Dongqing continued: "You guys should continue to work here. Take a break today and tomorrow. There will probably be a lot of work next week. I still have some things to deal with. Let's talk next time."

After saying that, leave.

After returning home, he took his daughter with him and took a helicopter to the cemetery where his relatives were buried to visit the graves. After he picked up the child, he didn't take it over to show them.

I wiped the tombstone myself and stayed there for more than an hour before leaving.

The child was still young and would cry when hungry. After her mother returned to Los Angeles, she moved into a new house. She didn't say she would come to see the child, and Ye Dongqing didn't mention it either. It was rumored that she had quickly hooked up with a male model and went out to eat. At that time, I was photographed by reporters.

Ye Dongqing didn't care, he and Bunchen had no feelings at all.

After returning home, he went to drink at a party held by little Edward. He was still asleep when Laura arrived from London the next morning. A breakup was better than a wedding without protective measures, which made Ye Dongqing a little puzzled. , I started to wonder if I wanted to have a baby, but I didn’t realize I was overthinking it until I saw the medicine.

Laura's side is going well. As for Maxi, she has been in a bad mood since her father disappeared, and the investigation has also encountered resistance. It is difficult to handle it in a while. After all, there is a backbone, and many connections in the past have failed. Can't stand the twists and turns.

How can I put it, Ye Dongqing's current small life is pretty good, and it will become even better when the market opens on Monday...