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Chapter 968: Senior Sister is the Most Important (1)

In fact, the Madoff scam model is a typical "Ponzi scheme" that plagiarizes the classic "Ponzi scheme". It is not new, that is, it uses high returns to lure investors, and at the same time uses later investor funds to repay early investors, which is simple and rough.

Madoff uses goodness and "flawless" investment to wrap himself. Trust him and you will get a stable return of 1%-2% per month. Madoff himself pursues flawless career records, is committed to fair trade, and maintains noble moral standards. These are the logos of Madoff, a well-known Madoff company on Wall Street.

However, Madoff is smarter. The harsh condition for attracting investment is that if you want to invest in Madoff, please don’t ask him any questions about investment. As for why he can make money in the years when others are not making money, Madoff simply explained it in a few words: "Internal News". Many savvy hedge fund managers, bankers, and professional investors were easily conquered by the words "Internal News".

Under the shining shell, many clues were leaked, and the proud Wall Street turned a blind eye to it, and there were even people involved. For example, JPMorgan Chase provided a lot of convenience for Madoff. In the future, JPMorgan Chase paid $1.7 billion to settle the government accusations related to the huge financial fraud of Madoff.

The Madoff scam lasted for twenty years, with an investment of up to $50 or 60 billion, cheating a large number of wealthy and professionals, which is a great irony to Wall Street regulators.

Lin Jiayi even suggested that Guo Tailai invest in Madoff in order to obtain more than 15% of the investment income in a year, but Guo Tailai refused. This time, Guo Tailai directly faced a group of bigwigs and reminded everyone to pay attention.

As Guo Tailai said, he only moved 10 billion US dollars here, and almost everyone knew that Guo Tailai wanted to do something. Everyone should be careful when entering the market, for fear of causing market fluctuations. Madoff used 50 billion US dollars over there, but Wall Street knew nothing about his investment goals and targets, and there seemed to be nothing abnormal in the market. Is this normal?

Of course it is not normal! Who is the investment novice here? Many people are also the ones who have a deep personal relationship with Madoff. They also deceive themselves and take it for granted that their old friends are of high standards. But is that really that true?

Many signs show that Madoff's investment is absolutely abnormal, but people are not willing to think in any direction. Of course, it is also related to Madoff's previous position. He is a former chairman of Nasdaq, Jew, and philanthropist, which greatly reduces the vigilance of many people. Coupled with the temptation of high returns, who would greedy people think that the respected former chairman of Nasdaq would be a liar?

But now, everyone has to think in that direction. Especially Mr. Morgan, he may know more than others. Of course, most people have their own investment channels and have not invested in Madoff, but after all, some people have invested more or less.

With Guo Tailai's reminder, if everyone thinks about it this way, basically most people will change their faces. Even those who have no investment realize that something is wrong with Madoff, and those who have investment wish they can take action immediately and withdraw their investment quickly.

A typical snail of the eyes is beyond the eye. If you really want to say how clever Madoff's method is, it may not be. It's just that he has captured people's greed and trust in his former NASDAQ Chairmanship. It's a very simple Ponzi scheme! The elites of the entire Wall Street were fooled by him.

"g, thank you very much!" Mr. Morgan was the first to express his gratitude. If he continues to cooperate with Madoff, he will definitely be dragged into a bottomless pit, which is the order of tens of billions of dollars. JPMorgan is rich, but he can't stand the pit!

All night, all the club members did not sleep. Of course, the Western Hemisphere was still daytime, but they had turned down all their work and focused on the satellite communicator. At this moment, what job is important than the next trillion-dollar crisis? Is it a big scene that is delicious and spicy, or is it a pleasure to see others eat, and they may be eaten even if they are greedy. Is it difficult to choose?

The question of whether a fellow Taoist dies or a poor man is a problem in front of capital and capitalists?

After a busy night, Guo Tailai actually passed the subprime mortgage crisis, but the result was still good. Club members would enter the market, and everyone believed in Lin Jiayi's judgment. The only problem was that they combined a huge amount of capital and could not cause too much market turmoil in one month. This was very difficult.

Fortunately, no matter how difficult it is, it is Lin Jiayi's business. Guo Tailai finally ended up being light and nothing happened. But he never felt relieved. His senior sister actually went abroad and was injured, which made him very uneasy. However, his senior sister has not taken the initiative to mention it yet, and Guo Tailai will not ask, his senior sister's troops are confidential units, and not everyone can ask about the whereabouts and tasks of any soldier.

Confidentiality regulations, do not read what should not be seen, and do not ask what should not be asked. Guo Tailai could not inquire, so he could only stay in the workshop next to the airport to work hard, make all the cars to be made, and then he could legitimately celebrate the Spring Festival with his senior sister.

Part of it has been completed in the early stage, and in a state of anxiety, Guo Tailai also accelerated the speed and made all efforts to build military vehicles. However, Guo Tailai thought it was quite perfect at that time, so he designed several functional modules of this military vehicle. Now it is not easy to manufacture and assemble them all. The mt50 gas turbine and MiG29 processing at hand were temporarily stopped, and he made all his efforts to build these military vehicles first.

This year's Spring Festival is February 18, but Guo Tailai completed all the vehicle assembly before February 5 and even put on paint. He wanted to contact his senior sister immediately, but he couldn't get through the phone. Although he knew that his senior sister's health was normal, Guo Tailai couldn't help but worry. He patiently continued to process the mt50 and MiG 29 while trying to make two calls every day.

It lasted for more than a week, but Guo Tailai could not contact his senior sister.

While resting with Lin Jiayi tonight, Lin Jiayi, who took the initiative to enjoy the passion, told Guo Tailai good news with a smile.

Just yesterday, on February 13, the largest subprime mortgage company in the United States, the countrywidefinancialcorp, announced a reduction in lending, and the second largest subprime mortgage company in the United States, Newcenturyfinance issued a profit warning for the fourth quarter of 2006.

HSBC Holdings announced its performance and increased its additional reserves for subprime mortgages in the United States to US$7 billion, totaling US$10.573 billion, an increase of 33.6%. As soon as the news came out, the stock market fell sharply on the same day, with the Hang Seng Index falling 777 points, a decrease of 4%.

Lin Jiayi predicted that the subprime mortgage crisis would begin one month later. A month later, the risks of mortgage loans in the United States have finally begun to surface.
Chapter completed!
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