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Happy Tycoon - Chapter 865

Published at 29th of September 2021 01:27:26 PM


Chapter 865: 865

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The night of September 7, 1998, US Eastern time, was destined to be a sleepless night.

Due to the time difference, the Hong Kong Island on the other side of the Pacific Ocean is already September 8. Just yesterday, the Hong Kong Island government promulgated a series of new financial policies, which greatly increased the restrictions on speculation by international speculators. Many international speculators who lost money on the settlement day on August 28 had planned to make a comeback this week. As a result, after the promulgation of these policies, Immediately blocked their way.

Therefore, these international speculators represented by major investment behaviors can only look at their own money with tears and hatred, which is firmly trapped by the stock market, stock index futures and foreign exchange market on Hong Kong Island.

In the west of West Street in New York, there is a building whose house number is 200, so this building is 200 West Street in New York.

The building also has a famous name, Goldman Sachs building. This 228 meter high building with 44 floors is the global headquarters of Goldman Sachs Group.

Just one street southeast of Goldman Sachs building is the two tallest buildings in New York, the twin towers of the world trade center in New York. The straight-line distance between the North Tower and Goldman Sachs building is less than 250 meters.

At this time, in a huge and luxurious office on the top floor of Goldman Sachs building, several old people in suits are sitting together frowning and looking at each other.

"Mr. Collins, we lost more than $700 million in the Hong Kong Island's action to block the Hong Kong dollar. How can I explain this to our partners? Don't forget, on the 19th of next month, 189 partners of Goldman Sachs will gather to hold the biennial Goldman Sachs Partner Award Ceremony. This is a major event of Goldman Sachs, but you presided over this trip But I met Waterloo. How do you want me to explain to my partners? "

The speaker was a white man in his fifties. He was Henry Paulson, who served as the CEO and chief operating officer of Goldman Sachs only last year. He spoke to rod Collins, the chief investment officer of Goldman Sachs, an old man of nearly 60.

After a pause, Paulson continued: "don't forget that we Goldman Sachs are preparing for a public offering recently, but if the losses of our action are exposed, it will be a fatal blow to the public offering, and our partners will let all of us here go!"

Collins, sitting opposite Paulson, shrugged his shoulders, "What can I do? Everything was fine before. Even on that day, the situation was excellent at the beginning. Although the Hong Kong Island government and the Chinese government took out a lot of money to support the market, we also had a lot of money. If we didn't have the huge long capital that suddenly entered the market in the afternoon, even if we couldn't win the battle, we would never lose so much. 700 million US dollars , do you think I am willing to keep the money on the other side of the Pacific Ocean? It was an accident, or a premeditated blocking action, but it was us, not the Hong Kong Island government! "

Paulson's face began to turn red. Obviously, he was very angry at this shirking of responsibility, "Then why didn't you monitor the entry of this fund? What about your monitoring network? What about your trader? This fund is as high as more than 20 billion Hong Kong dollars, not hundreds of millions of Hong Kong dollars. Such a huge fund is like an aircraft carrier in New York port. If you don't want to see it, you can't. But why didn't your people see it?"

"What can I do? The flow of that fund is very strange. We spent ten days to inquire, but we can only find that the fund came from Europe that day, not Japan or our Federation. It's Europe. We don't have the ability to monitor the whole Europe..."

A chubby old man sitting on the other side knocked on the table with his hand and interrupted Collins. The old man is cosey, the current chief executive of Goldman Sachs.

"Henry and rod, don't argue any more. Today we are here to discuss how to solve this matter, not to blame each other." when the CEO of Goldman Sachs was not present today, cosey was the highest administrative level on the scene.

Although Henry Paulson is brilliant, he won't be the new president of Goldman Sachs until next year, and then he won't be the Treasury Secretary of the Bush administration until 2006. But at this time, Paulson can only bear his dissatisfaction in the face of cosey's words.

Cosey continued to knock on the table. "First of all, we must find out the origin of the fund, otherwise we can't explain to our partners. Rod, you said the fund came from Europe, so is there any specific situation?"

Rod Collins shook his head and said, "sorry, up to now, we have only found out that the fund comes from Europe, but we can't do anything about who it belongs to. Our strength in Europe is still relatively weak, especially some banks are not very friendly to us."

Paulson interrupted, "cosey, did that guy Soros do it? I heard that his money just turned around in the morning and retreated quickly that day. I think he clearly got some news, which is why he reluctantly cut his flesh. Moreover, in terms of this guy's character, it's not impossible for him to cut us back and make up for his loss in the morning."

Cosey shook his head and said: "It shouldn't be Soros. This guy's background is a little deep. Behind him are several congressmen and senior officials in Washington. It's his initiative to take action against Hong Kong Island. If he dares to turn against the water that day, the people behind him will not let him go. Moreover, I checked that Soros's Quantum Fund also lost more than 800 million US dollars that morning. He just cut early Meat flees, otherwise he will lose more! "

"Is that Robertson? His Tiger Fund is mired in the devaluation of the ruble. In this case, will he recover some profits in the Hong Kong Island market?" Paulson asked.

Collins, who had a red face with Paulson just now, shook his head and said, "it's not Robertson. His Tiger Fund and Jaguar fund didn't make big moves on that day, and most of his funds are operated through federal banks. If he made big moves, he can't hide it from us."

Cosey nodded and said, "yes, Robertson has invested all his funds in Russia and Japan. He has no extra funds to attack Hong Kong Island, so he can't afford to spend 20 billion Hong Kong dollars."

"Who else can it be? Our old friend Morgan Stanley or Merrill Lynch?"

The two investment banks asked by Paulson are both very famous large multinational investment banks in the United States. Needless to say, Morgan Stanley, backed by the Morgan family and * * * * bank, its strength is now the world's first investment bank. At this time, Goldman Sachs can't compare with Morgan Stanley.

Although Merrill Lynch is a newly emerging large investment bank, its strength can not be underestimated because it is backed by the California consortium and Bank of America is its biggest backer.

The Salomon Brothers, who used to be a bull in the investment bank, are no longer working and are about to die, so Paulson didn't mention the once world's first investment bank.

Cosey shook his head and said, "Henry, it's not Morgan Stanley, Merrill Lynch, nor the investment banks that have suffered along with us. I've called Ronald Morgan of Morgan Stanley and Douglas Pullman of Merrill Lynch before. They all denied being a bull that day, and they are also looking for the source of the mysterious fund that day."

Even Paulson won't say anything else when he heard cosey say so. The two people cosey mentioned are well-known figures, one is a core member of the Morgan family and the other is a core member of the California consortium. With their identity and status, they disdain to lie for the loss of hundreds of millions of dollars.

"Who else could it be? The old families in Europe? Or Mitsui or Mitsubishi in Japan?" Paulson muttered.

"Henry, from the current clues, those old families in Europe are the most likely. They say they don't have the courage to do more on that day. However, let's not forget that there is a peer who can do it in our Federation," cosey said

Hearing cosey say this, Paulson, Collins and several others looked at cosey.

These people present are the core personnel of Goldman Sachs, but in addition to cosey, even Henry Paulson, who ranks second, only stepped into the top of Goldman Sachs after the 1990s. They don't know much about the previous situation. Therefore, after hearing cosey's words, they all want to know who cosey's peer is.

The United States is very large, but it is also very small. There are not many banks that can mobilize $3 billion in cash anytime, anywhere and operate across continents. However, after denying some peers who are capable of doing this, they really can't think of another peer who can do this.

Although it is easy for super banks such as Citigroup, * * * *, Chase Manhattan and New York Mellon to do this, these banks will not easily participate in the speculation of the financial crisis, but who else can do this besides these super banks?

Cosai took a deep breath and seemed to be worried about something, but finally sighed and said, "I don't know if you remember that in the stock disaster ten years ago, an investment fund suddenly shone all over the United States..."

When cosey said this, several people's faces changed. Paulson asked, "but didn't the fund disappear later? The outside world occasionally mentioned the fund, but they all said that the fund had closed down long ago."

"Close down?" cosey snorted disdainfully, "How could it go bankrupt? The fund still exists, but people are very low-key. At least as far as I know, the shares of the 27 companies held by the fund in those years, oh, there are still 25 companies left. They still hold them, but they hold them in a different name. Moreover, even at Goldman Sachs, there are at least seven partners People, I'm afraid, are inextricably related to this fund, and they even can't rule out being the agent of that fund! "

Hearing these words, everyone took a breath, and their faces changed several times in a very short time, but in the end no one dared to speak again.

Finally, Paulson couldn't help but open his mouth, "cosey, if it's really that fund, what should we do? Do we want to continue the investigation?"

Cosey glared at Paulson and knocked his fingers on the table for a long time before slowly saying: "First of all, we don't have exact evidence to prove that the fund did it. Second, and most importantly, even if we have exact evidence to prove that the fund did it, we don't continue to investigate, let alone publish the evidence! Because doing so will kill us. If I don't make a mistake, in front of the fund, I Our Goldman Sachs is fragile like a little baby... "

Everyone took another breath





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