"Ma Fujun, Miss Dana Yunis, what's the situation there?" Su Yue asked.

Ma Fujun first replied: "The company's operation is normal, the personnel and scale have been expanded a little. I have recruited some locals, mainly using these people to enrich the marketing department. At present, the market information we can collect in one day can gather in all cities of all sizes in the UK."

"Not bad!" Su Yue praised with a smile.

Dana Yunice pondered for a moment and replied: "According to your instructions from the Chairman, our US$7 billion investment funds have been gradually invested in the market. Their positions are mainly concentrated in Brent crude oil futures, LME copper, FTSE 100 index futures, and several financial stock targets in the stock market."

"What financial stocks?" Su Yue asked.

Dana Yunis replied: "The asset-list of assets has a large debt, and it is actively involved in subprime loan conversion securities, including Halifax Bank, Lloyds Bank, Doug Insurance Group, Rand Securities, etc.."

Su Yue nodded slightly and said, "How much is the current overall investment?"

"About $980 million." Dana Yunis replied.

Su Yue pondered for a moment and continued to ask: "Lloyds, HSBC, Standard Chartered, and European large capital groups, Rufatong, Allianz, UBS, etc., what's going on recently?"

As the founder and leader of the London Marketing Department, Ma Fujun is most familiar with the intelligence field. He took the conversation and said: "UBS has tightened its external investment. After placing a loss of US$11 billion in the "subprime mortgage" asset in the last quarter, he is now continuing to desperately sell all kinds of mbs assets. What we have learned is that their current main external investment is basically in commodity and oil prices, and should be a risk hedging target."

Su Yue frowned and said, "It's so early to get out of here. It seems that it's unrealistic to want to rob it."

Su Yue had to admire UBS' reaction speed by being able to make a loss provision of US$11 billion despite investors' anger and the chain reaction of stock prices and quickly withdraw from the "sub-prime" investment.

Compared with the various capital groups in Wall Street, there is still a fantasy attitude.

UBS, the European capital giant, is obviously much smarter.

Ma Fujun continued: "Allian Capital suffered heavy losses in the London World War last year and its vitality has not recovered. Whether it is Pacific Asset Management or Allianz Insurance, it basically sold all its risk assets. However, Allianz Insurance underwrote various mortgage loan CDS contracts packaged by several banks in Germany."

"Fatong Capital, its insurance and asset management companies, are somewhat similar to Allianz Capital."

"Standard Chartered, HSBC, etc. have been much calmer in recent months. Through their internal employees, they have learned that they are now avoiding mortgage-based businesses and selling risky assets in the market. However, Lloyds Bank has made great efforts recently, and has successively acquired some small banks that are on the verge of bankruptcy, and has relatively heavy holdings on commodity and oil prices."

Su Yue said: "It seems that Lloyds Bank, the one that is most affected by Wall Street capital, has also allowed them to accumulate a large amount of profits in the first half of the year. No wonder they can carry out reverse acquisitions in such a high-profile manner, but... the good days are almost over."

"Where is our allies, Barclays Bank?" Su Yue smiled and continued to ask.

Ma Fujun replied: "When I saw the article published by the Chairman in China, Mr. Ulysses came to the company yesterday and talked with us for a while. I wanted to know our specific investment plan and I wanted to cooperate with us again. I didn't make it clear, I just said that I would like to ask you, Chairman."

"In the past six months, they have basically withdrawn from all 'sub-loan'-related businesses and investments."

"Of course, I also missed the continuous surge in commodity and oil prices in the past six months, and was once again overtaken by Lloyds Bank, which opened the gap."

"I think this is also the reason why Mr. Ulysses is looking for us."

Su Yue smiled and said: "Our strategy is to resist the joint short squeeze of Western capital. We must unite all forces that can be united. You can directly reply to Mr. Ulysses, saying that we can agree to his cooperation. Of course, in addition to cooperation, we must further utilize Barclays' influence in London to continue to strengthen us."

Ma Fujun nodded and said, "Okay, I'll reply to him later."

"Miss Dana Eunice." Su Yue turned the topic back and said, "Continue to step by step to increase short positions on Brent crude oil. At the same time, you should study the Halifax bank carefully and send me a detailed information about it. I always think this will be a breakthrough."

"Okay!" Dana Yunice responded quickly.

After asking about the situation in London, Su Yue turned around and began to ask about the recent situation in New York.

Chen Yuhe said: "Wall Street is paying more and more attention to us, and our holdings and trends have basically become semi-public."

"It's okay." Su Yue said, "You are just a cover now. If they want to see it, they will do it for them to see it."

"Chairman..." Cui Xianshi said, "I have done almost what you told me before leaving. Patrick and I have spread some words to many people through some small media and local online forums in other states. At present, as oil prices rise back to $135, the public's anger at high oil prices and the condemnation of capital have been aroused again."

"What you are talking about right-wing MPs..."

"We also found a way to secretly contact the two. The Republicans were backward again in the battle with the Democratic Party. I have a premonition that they will seize this opportunity, use public opinion, crack down on high oil prices, and quickly counterattack the Democratic Party's capital force, thereby regaining a city."

Su Yue nodded and said, "No matter how much money you spend, continue to advance this action."

"The core place of the 'sub-prime crisis' is bound to be the United States, the more acute the internal conflicts between their own countries, the more severe the people's differences over capital controlling oil prices, the more difficult it is to achieve the goal of risk transfer with high oil prices."

"On the surface, the skin of democracy does not involve the survival of the country, but capital will not dare to openly tear it apart."

"When the people's calls are aroused to a certain extent, no matter whether it is the Republican Party that wants to fight back or the Democratic Party that has already gained an advantage, this part of the voice cannot be ignored. At that time, both parties will inevitably stand up and speak out."

"In the game between capital and public opinion, as long as the government openly stands up and condemns the fact that oil prices are separated from economic fundamentals, then the wind direction will change, and a group of small Middle East countries will naturally change their flags."

"Of course, it's not easy to achieve this."

"In addition to inspiring the resentment that has accumulated in the hearts of the people in the economic downturn, it also has to inspire those people who are affected by the "sub-prime mortgage crisis", insolvent, lost their jobs, and cannot survive, as well as medium, small business owners, workers, etc., in short..."

"To the maximum extent, let the sound come out."

"The continued surge in oil prices and commodities has squeezed not only the survival space of many companies in our country. In the United States, it has been affected by the "subprime mortgage crisis", cut off financing channels and lacks some consumer markets, and has also been under the test of life and death."

"If this crisis is successfully transferred, they must first shed a layer of skin."

"However, the interests of large capital and small and medium-sized enterprises and ordinary people are naturally in opposition, and the two have completely different affordability."

"The tighter they squeeze the short, the harder it will be for the middle and lower levels."

If the oil price really surges to $150 in one go, even if we don’t promote this trend in the United States, the middle and lower classes will probably be angry and resentful. ""

After listening to Su Yue's words, Cui Xianshi said in a deep voice: "Don't worry, Chairman, I will do my best to complete the results."

"You are there, now you can be considered fighting alone." Su Yue paused and said, "Be careful of safety. When it is really a critical moment, some people are forced to jump off their feet and want to overturn the table. They must know how to withdraw in time."

Cui Xianshi smiled and said, "The Chairman can rest assured that as long as you live in China and we little people at the front desk, they will not move, because even if you turn the tables with us, it will be useless. It will not change any substantial situation, but will cause greater storms."

Although Su Yue knew that Cui Xianshi was right.

But he still reminded: "With that being said, it's better to be careful."

Several managers of the New York branch nodded solemnly and took the words to their hearts.

After Su Yue finished the meeting, he walked to the trading room and stared at the big screen, and was still continuing to move higher. He had climbed to the price of wti crude oil futures at $135.6. In his mind, he carefully sorted out the power and opportunities he could use in all aspects in the whole long-short situation.

One hour later.

Dana Yunis packed all the information from Halifax Bank and sent it to Su Yue's email.

Su Yue opened his email, downloaded the attachment, and then carefully looked at the existing information of Halifax Bank to find the huge risk points.

This bank does not involve many subprime loans and mortgage loans.

However, the "mortgage securities" and "sub-loan derivative bonds" businesses it invests in are relatively large in the overall asset proportion, and it will not be possible to exit at this time.

Su Yue compares its latest internal assets, financial reports and internal reports from previous periods.

It can be seen that the bank has realized its risk problems and is rushing to withdraw from these risky assets. If he wants to use this bank as a breakthrough.

In terms of time, you can't wait any longer.

at the same time……

If he wants to use this European bank to influence the core of Wall Street, the "subprime mortgage crisis" in the United States and cause a chain reaction, he must pierce the bank crisis of a similar business in the United States at the same time.

In this way, the huge risks of "mortgage securities" and "sub-loan derivative bonds" can be completely exposed.

Intensify their liquidity deficiency, thereby further aggravating the crisis within various financial giants and creating a panic risk asset selling effect.

This will open up a global credit bankruptcy and financial crisis.

Thinking of this, Su Yue called Cui Xianshi again and asked him to sort out a banking institution with a high proportion of investments in the "mortgage securities" and "sub-loan derivative securities".

About an hour later, Cui Xianshi also sent him a document.

Su Yue opened the document and browsed it carefully. Finally, he targeted the Elter Bank, which covers housing mortgage and investment businesses in San Francisco. The bank's assets are less than US$50 billion, but in terms of information, the investments involved in "mortgage securities" and "subprime loan mortgage conversion bonds" are as high as nearly 10 billion.

Su Yue speculated that it should be because of its mortgage loan business, and its market share was not high.

In order to increase the development of this business and gain more profits in this market, when the market share cannot be expanded, we directly purchased relevant "mortgage securities" and "mortgage conversion bonds", and then held this part of the assets to achieve the same effect of expanding the business.

Su Yue marked the bank and then further asked Cui Xianshi to investigate the bank's information.

Three days later, Cui Xianshi gave Su Yue a more detailed information about the bank and a lot of actual research information.

After reading these materials, Su Yue found out.

Most of the mortgage securities and mortgage conversion bonds held by this bank basically come from Freddie Mac and Fannie Mac.

To defeat this bank from the risky assets side, we have to start with Fannie Mae and Freddie Mae.

However, at present, Fannie Mae and Freddie Mae, the two largest home mortgage lenders in the United States, do not have any signs of a full-scale crisis.

Just when Su Yue felt that he had chosen the wrong target.

In the extremely tight reserve cash flow of Elter Bank and the documents sent by Cui Xianshi, the terrible, continuous plummeting house transaction prices, and the rising housing mortgage default rate, quickly caught Su Yue's heart.

Various data and information told him that the bank could no longer withstand any storms.

Not to mention the continuous plummeting of the large number of "mortgage securities" and "mortgage conversion bonds" held by this bank, even if there are large fluctuations, I am afraid that they will not be able to bear it at this time.

As its main business deteriorates, this bank is also constantly selling its risky assets.

This will recover cash and make up for the crisis and losses of the headquarters.

However, due to the current liquidity of "mortgage securities" and "mortgage conversion bonds", exit will take some time. Forcibly large-scale withdrawal will inevitably lead to a large-scale plunge in the risky assets held, thereby increasing losses, causing panic among depositors and investors, and further expanding the crisis.

“721 Bond…”

Su Yue looked at the information, Elter Bank's main mortgage conversion bond investment products and smiled: "The mortgage subject matter and maturity time included in this bond are not good, and the liquidity is far inferior to the 715 bond, but... it is also suitable for sudden short selling."

If Elter Bank holds a large-scale 715 mortgage conversion bond jointly issued by Fannie Mae and Freddie Mae, it would be difficult for him to see it.

After all, 715 bonds have sufficient liquidity.

Although he had a heavy short position on this, the time was not right. It was difficult to short the bond on a large scale and reduce the price of this bond on a large scale.

Fortunately, things did not move towards the difficult direction he expected.

After continuing to think for a while, Su Yue sorted out his plan, and then summoned two branches in New York and London again to hold a short video meeting.

After planning everything, the next time is waiting for the opportunity.

Su Yue was waiting for the various crisis points he planned to reach the critical outbreak position.

Finally, on July 22, WTI crude oil futures price broke through $140, setting a new record high. At the same time, calls for dissatisfaction with the oppression of high oil prices broke out in the entire US network. Congressman Jeho Curtis made a public voice, angrily scolding the Middle East for manipulating crude oil prices.

Su Yue's eyes were bright, and he was in the trading room of the Gangcheng Branch and the International Financial Center.

It issued an order to counter-defense and attack Wall Street in an all-round way, European capital longs, close their early locked long positions, and do their best to short oil prices and commodities.
Chapter completed!