Chapter 5486 too weak
Madoff's 'Ponzi scheme' involves too much.
In fact, when Lin Feng got involved in this gambling game, the "Ponzi scheme" changed drastically. In the world before Lin Feng was reborn, although the "Ponzi scheme" triggered the subprime mortgage crisis in the United States, the subprime mortgage crisis in the United States was
The real cause of the crisis was not Madoff, but Lehman Brothers. In other words, the entire financial system was deformed. In order to pursue profits, everyone continued to speculate on subprime mortgage options, and almost did not pay attention to the credit of personal loans.
Any review that results in the lender's ability to repay far outweighs the risk.
In the end, it led to the outbreak of the subprime mortgage crisis. Madoff's 'Ponzi scheme' was just the trigger in this seriously deformed financial market at the right time. Therefore, although the global crisis triggered by the subprime mortgage crisis was
The global financial crisis is extremely scary, but for the large conglomerates in the United States, the losses are almost negligible. Only small and medium-sized companies die. This market is a game where big fish eat small fish, small fish eat shrimp, and shrimp eat mud.
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But after Lin Feng entered, due to Lin Feng's huge financial support, Madoff also brought in these giant companies. Do these companies not understand the Ponzi scheme? No, as long as those who are engaged in finance have truly studied finance.
Anyone who knows what it is will never have heard of a Ponzi scheme. Madoff’s method is a Ponzi scheme. This scam will eventually collapse one day.
But people have greed. Once a person is greedy, he will be obsessed with benefits. The saying that people die for money and birds die for food is such a truth. When people are greedy, they will ignore these risks. Especially for people
For these large companies, they thought they could control the overall situation and profit from it. As a result, they fell into the trap and fell victim to a 'Ponzi scheme'. This also caused fundamental changes in everything.
Originally, Madoff was just a fuse, but now he has become the core of the problem. Something will happen to him and everything will be over. Therefore, these people must protect Madoff. Of course, the problem of Madoff's "Ponzi scheme" definitely exists.
But for these giant companies, they must ensure one thing, that is, first stabilize the market conditions, stabilize Madoff, and ask public opinion to let them get the money back from Madoff. Then, whether Madoff will die or not, the market will collapse.
If it doesn't collapse, it has nothing to do with them.
Anyway, if the financial market really collapses, the U.S. government will come to rescue the market, and the eight major families will also rescue the market to prevent the market from deteriorating too much and leading to a comprehensive economic crisis. At that time, it will have nothing to do with them. They can just ask the eight major families for help.
Therefore, corporate giants such as Morgan, Rockefeller, Goldman Sachs, and IDG held video conferences one after another. An agreement was reached in the shortest time to support the market!
They didn't have that much money to rescue the market. Besides, they all wanted to run away, and the market rescue would definitely not save them, so they just had to delay it for a while, and then force Madoff to take out their money and return it to them.
They were convinced that Madoff could not lose all their money.
As for how much is left? That can only depend on luck. As for who gets it first, it all depends on their own methods. But there is a premise. That is, the stock market cannot completely collapse. If the stock market collapses, then
It's no good for everyone.
To support the market. If you want to support the market, you must first support the investor confidence in the market. If all retail investors run away, the market will be doomed. Therefore, they teamed up with the media to make a noise, claiming that although Madoff was arrested, there was absolutely no
As rumored outside, there are trillions of dollars, and even if there were, all Madoff's money would be used for investment. And with the current stock market going well, I believe Madoff will only make money, not lose money.
.In this case, he is only suspected of fraud, but it does not mean that he embezzled the funds.
This news is obviously very confusing, and it is completely deceiving those who do not understand finance. But looking around the world, how many people really understand finance? Even on Wall Street, except for those stockbrokers, those who speculate in stocks, they really
How many people understand finance? They don’t know how to use the funds defrauded by Madoff.
What's more, stockbrokers throughout Wall Street are also advocating this trend, claiming that Madoff is only suspected of fraud, but it will not affect the stock market. As for the plummeting in the previous five minutes, it was just a hype using the news by people with ulterior motives. The stock market soon
It will stabilize. This plummeting is just a one-sided phenomenon. They also claim that if you have spare funds, you can buy the bottom.
Buying the bottom? Buying the bottom when it plummets 300 points within five minutes and 500 points within 15 minutes? Is this a lunatic? Still a lunatic! Still a lunatic!
Everyone was wondering, but these remarks and the confidence from all the stockbrokers on Wall Street temporarily stabilized the market's confidence. No one took the opportunity to sell wildly, but was waiting and watching.
"Soros, the wait-and-see mood in the market is very heavy right now, but it only takes a little bit of negative news to completely shatter this wait-and-see mood!" Abby Cohen stood behind Soros.
This time, the two of them have completely cooperated. The goal is this financial crisis.
"With what we have in our hands, we can completely blow up the entire market!" Abby Cohen said.
Since there is no more news on the market, we only know that Madoff was arrested by the FBI for fraud, and may be involved in a trillion-dollar super financial fraud case. But what the actual situation is, we don’t know yet. No one knows,
How many companies are involved? Therefore, under the support of Wall Street, everyone can still remain calm and wait and see. But people are terrified at the moment.
It is now close to 11:30 New York time. For everyone, this is already the time to prepare for dinner. Usually at this time, the New York Stock Exchange is absolutely deserted. At this time, there is usually not much
Quotes. Therefore, there are very few people. If you go there, you won’t see many people.
But now, the stock exchange is overcrowded. All the stockbrokers are there. There are also individual investors. There is no way, this sudden decline is scary. They can only see that the momentum is wrong,
Just prepare to retreat. Even if there is a trample, you must retreat. Because if you don't retreat, your death will only be worse.
If Madoff really defrauded trillions of dollars and lost money, no one knows how many companies would be implicated. The total market value of Nasdaq is only about US$5 trillion, and Madoff alone defrauded trillions of dollars.
US dollars, almost one-fifth of the market value of Nasdaq, how many companies will be ruined!
So, everyone is waiting and watching. But a piece of news can finish them off! As long as Abby Cohen announces the names of several companies that invested in Madoff, it will trigger an avalanche.
"No, don't worry!" Soros suddenly fell silent.
At this moment, the market has temporarily stabilized after plummeting by 500 points. The entire market is in a wait-and-see mood. At this time, everyone is waiting for news to see if there is any news.
"What do you want?" Abby Cohen frowned slightly, and then exclaimed, "Soros, do you want to hand it over now?"
There are long-term and short-term index futures. Soros bought one million lots of each of the three major indexes in the long term, which will take at least half a year to trade. But the one that just hit the market is short-term and can be delivered at any time.
"Delivery!" Soros pressed the order for the delivery order.
Soon, he had sold hundreds of thousands of short orders, and now all the transactions were completed. Later, because there was no pressure from short orders, the market began to gradually pick up, and the points also began to gradually rise.
"Soros, what are you doing? You know, the boss can't delay it for long. When they come to their senses, everything will be in trouble!" Abby Cohen said with a frown.
The reason why we chose today for this plan is that Lin Feng can support everyone. Then, the entire market is defenseless to Soros. Without the real decision-makers like old Morgan, the Morgan consortium would not be able to
Well, the Rockefeller Group is just a bunch of loose sand. It can easily penetrate the stock market, make huge profits, and achieve the political goals Donald wants.
But what does Soros want to do with this?
"Abby, you should know very well that Madoff is now a hole, a hole that can swallow everyone!" Soros chuckled, "Those people want to get their capital back from him, do you think it is possible?"
Abby Cohen shook his head. How is that possible? Half of Madoff's money was used to pay interest. An interest rate of 2% a month is 24% a year. In four years, the principal was basically lost.
It has been two years since Lin Feng lent money to Madoff. During these two years, half of Madoff's principal was used as interest payments. He used the remaining half to invest.
But he himself used it to invest, and although he made money, it was far less than the interest. You must know that Buffett can only guarantee an annual interest rate increase of 5% in one year. Madoff is not as good as Buffett. What's more, Madoff wants to go further.
It was not a stable investment, but a risky investment, and he lost a lot of money. Especially in the past year, as the funds in his hands decreased, Madoff's investments became more and more crazy. This in turn led to his loss of funds.
few.
Now, he has no money. Otherwise, Lin Feng’s 350 billion capital would not have defeated Madoff.
"Since Madoff will never provide money, his hole will always be there, so what are we afraid of? Why not take advantage of the opportunity to make more money! Besides, they are not here, these opponents are too bad. I need stronger opponents,
Chapter completed!