2007, New York, New York, the NASA stock exchange.
falls，falls，falls！
A young Caucasian man in his forties clenched his fist, and his eyes revealed an extremely fanatical expression.
In front of him, the entire exchange's display screen was green.
Then, the Caucasian man looked excitedly at a Chinese man behind him and couldn't help but say,""Boss, we're going to make a killing this time!”
Sitting behind the white man was a young Chinese man who looked to be in his early twenties.
Young and handsome.
His name was Zhou Yang.
He was 21 years old this year.
At the age of 15, he entered the undergraduate department of the Electronic Engineering Department at the MIT Institute of Technology, and then went to the Wharton School of the University of Pennsylvania to study economics.
Later, during his university days, Zhou Yang began to pay close attention to the Internet, clean energy, and space, which would affect the future of mankind. After obtaining a bachelor's degree in economics, he stayed in school for a year to obtain a bachelor's degree in physics.
Now, Zhou Yang had returned to MIT to study materials science and applied physics.
As a reborn person.
Zhou Yang received great benefits.
The first was his superhuman intelligence. He could learn almost anything in one go, including mathematics, physics, and chemistry. When he was in China, he successfully earned his first bucket of gold by relying on his experience in his previous life. Then, he came to Mi Di to learn.
Secondly, he had a strong physique. When he was in university, he was shot by a Nigel. Then, he realized that his body had recovered at an astonishing rate. His physique was ridiculously strong.
To be honest, as a person who had been reborn, it was already not easy for him to know the information gap and earn a lot of money.
And now, he had these two great benefits. This was simply reaching the heavens in one step.
Above all others, beyond the heavens!
"Paulson, don't be anxious. We're just getting there!”Zhou Yang smiled." Let's continue observing. I think the price will continue to fall!"”
Paulson said excitedly,""Boss, you're really a god!”
"It's all because of the lack of information!" Zhou Yang muttered in his heart. However, he still had a smile on his face."Paulson, don't be anxious. This year is just the appetizer. Next year will be the real time for the rare-blooded sects to chase away the reporters.”
"Rare Sect?"
Paulson understood Chinese, but he didn't know who Rarity Zong was talking about.
Stretching his muscles and bones, Zhou Yang smiled and said,""Let's wait and see!"
After coming to the United States, Zhou Yang did not idle at all. He started his own company while learning, mainly because of the mortgage crisis.
He had started planning this a few years ago.
A few days ago, he had done leverage, a credit default swap contract, and the credit default swap market.
After making money, Zhou Yang quickly withdrew his investment and then began to short the US stocks.
As the year 2007 officially arrived, Zhou Yang began to sell short. For this sale, he specially hired a large number of financial and legal geniuses.
If he wanted to reduce his taxes, it would be best if he could bypass many restrictions.
This was the American stock market. Once he made a move, he would definitely make a lot of money, but he would also have to face a lot of trouble. He would need lawyers and financial experts.
The year officially entered 2007. Faced with a debt of 17.4 billion US dollars from Wall Street, New Era Financial, the second largest mortgage company in the United States, announced its bankruptcy protection on April 2, 2007 and cut 54% of its employees.
On August 2, 2007, Hans Industrial Bank announced a profit warning. Later, it was estimated that there would be a loss of 8.2 billion euros, because one of its 12.7 billion euros "Rheinland Fund" and the bank itself had a small participation in the US real estate mortgage market and suffered huge losses. The Hans Central Bank had convened a meeting with the rest of the country's banks to discuss a rescue package for the Hans Industrial Bank.
However, this nightmare was not over yet. The 10th largest mortgage institution in the United States, the United States Home Mortgages Investment Corporation, officially filed for bankruptcy protection in court on August 6, 2007, becoming the second large mortgage institution to file for bankruptcy after New Era Financial Corporation.
On August 8, 2007, Bear Stearns, the fifth-largest investment bank in the United States, announced the collapse of two of its funds.
Subsequently, Citicorp also announced that in July 2007, the losses caused by the sub-prime loans amounted to 700 million US dollars, but for a financial group with an annual profit of 20 billion US dollars, this was only a small amount.
However, in 2007, the stock price of the company had fallen from a high of 23 USD to a little more than 3 USD in 2008. In other words, the value of the company in 2007 was equivalent to the level of a US regional bank. According to the latest ranking, the company had fallen to 19th place, and its market value had shrunk by 90%. Its financial situation was not optimistic.
They were not optimistic, but for Zhou Yang, it was simply too optimistic.
August 23rd
Zhou Yang immediately sold his shares.
After an extremely detailed calculation, Paulson excitedly told Zhou Yang a piece of good news,""Boss, we've made a lot of money this time. Excluding taxes, our profit is at this number!”
Paulson opened five fingers.
Fifty billion dollars!
This year, the exchange rate in the US was 1 US Dollar = 6.948 RMB.
It was close to 350 billion yuan.
Zhou Yang whistled fiercely. Needless to say, he was now the richest man in China, and even the richest man in Asia. Even Li Jiacheng had to stand aside in front of him!
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]