Since 2000, the most famous investment banks on Wall Street such as Goodman and Stanley have sent invitations to Tianyu Fund for investor meetings. They naturally want to work hard to maintain this relationship. Therefore, although Tianyu Fund never appears most of the time, they still enjoy sending invitations to each other, and sometimes even change the rules and actively organize hedge funds to Hong Kong to raise funds.＊,,

However, with more similar invitations, Tianyu Fund has never appeared. At most, it is to send a few analyst-level people to deal with the scene. This makes companies such as Goodman feel disappointed. However, their sales staff did not dare to be careless at all and still worked diligently to launch public relations activities to giants like Tianyu Fund, even though their sales have changed one after another.

This time, they also gave Tianyu Fund an invitation with a try-through attitude. Who wouldn't expect that it would actually attract a big shot, and a legendary figure, Zhong Shi, a famous person even on Wall Street, came in person. Although the incident happened suddenly, Goodman Company still notified all hedge funds willing to raise, which also made their investor meeting unprecedentedly popular.

"Mr. Zhong, I'm very happy to see you, but I have urgent matters to deal with now, so I'm sorry."

Nick's face was gloomy for a long time, and finally sighed and said to Zhong Shi apologetically. As he said that, he took out a business card from his arms and held it with both hands to Zhong Shi respectfully, "Mr. Zhong, this is my business card. The door of the Unforgiving Fund is open for you at any time."

After making this solemn statement, Nick hurriedly left in everyone's surprise eyes.

After glanced at the business card that many people envied. Zhong Shi casually put it in his arms, waved to the team, and signaled the next person to come.

...

It was already raining heavily outside, and the driver came up with an umbrella and asked tentatively: "Boss, driving is a bit dangerous in this weather. Should we find a place to stay first?"

"It's too late!" Nick frowned and walked straight towards the Mercedes-Benz, saying as he walked, "Something happened. I need to go back and deal with it urgently. Thank you for your hard work."

The driver nodded expressionlessly, silently sent him into the car, then got on and started, and then the Mercedes-Benz slowly slid out in the pouring rain.

Just ten minutes after the deal ended, Bond Hunter's Ferrari whizzed out from the office building and headed straight to the airport. There was a private plane waiting for him and headed straight to Greenwich.

After causing such a big disaster, Hunter knew very well that this matter was no longer something he could settle. The risk control side of the headquarters must have discovered the corresponding situation. He must go back as soon as possible to give an explanation to all parties and discuss how to clean up the mess.

Not only him, but also the partners and senior management of the Unforgett Fund were all urgently recalled, and the meeting was set at Nick's home in Greenwich, and they will discuss how to deal with this.

Some people may say that they only lost $640 million, so there is no need to mobilize such a group of players. After all, Wufenghua Fund manages nearly $10 billion in funds. But this is not the case. Because of leverage, the total value of this part of the position actually reaches tens of billions of dollars. If the losses continue, Wufenghua Fund will be unsustainable at least in terms of cash.

The most important thing is not the broker's margin collection, but once this news is leaked, traders on Wall Street will rush over to catch up like a shark smelling a bloody one-on-one and take a bite on this huge position. This is what the top executives of the Bleach Fund are most worried about.

In a detached house located in a wealthy area outside Greenwich, three or four middle-aged men in suits and ties were sitting upright on the sofa, leaning against the window, or standing with their hands on their hips, with different postures, but each face was full of sorrow and had no interest in speaking.

On the coffee table in the middle of the living room was a big seafood pizza and dozens of cans of beer, which were their dinners. But no one was interested in moving the pizza that was full of flavor, and they were drinking beer in big mouthfuls. Someone had already lit the cigarette, and the whole living room was in chaos.

As the hostess of this family, Linda Mahoney hid upstairs early. Although Nick Mahoney had never said a word to her, when she saw so many colleagues gathered at her house, she instinctively realized that something must have happened.

At eight o'clock in the evening, Bond Hunter finally rushed over from the distant Canada. After a glance at the deadly living room, he tore off a piece of pizza and swallowed it. What's strange is that the other people seemed to have never seen this situation, and they were too lazy to say even a greeting.

At half past eight, Nick's luxury car finally drove back from New York. As soon as he opened the door and took off his windbreaker, he saw several sad partners, and the Bond Hunter who had just filled his stomach and was hiccupping.

"Tell me, what's the matter?"

Nick threw himself heavily onto the sofa, pulled out a Marlboro from the table, lit it, took a deep breath, and asked with a serious expression.

"The position is huge, and the margin is in danger. The broker called and urged us to recover the margin." Bond Hunter took a sip of beer. Heineken beer was not in his taste, which made him frown unconsciously. "Now I have no liquidity on hand anymore. All positions are currently losing money. Not only in the long month, but also in recent months, and basically all the additional margin has been invested."

Although he was very angry and even wanted to beat Hunter up, Nick knew very well that this could not solve anything at all. After thinking about it, he said, "What if the position is closed? What will happen if the position is closed?"

"This is impossible!"

Hunter's hand shook, and the can fell directly to the ground. A white foam suddenly spread all over the floor, and he didn't bother to clean it. He said hurriedly: "All the positions we currently hold that have not been closed have been lost, but if we close the position rashly at this time, it will definitely cause a big drop. At that time, it will be more than just this little money, and it is simply a blatant concession to the market."

"So we must not close the position unless it is absolutely necessary, otherwise the consequences will be more than ten times more serious than now." Hunter said firmly in the end.

"So..." Nick's brows were already high, "On the one hand, we need to raise cash to maintain our position, and on the other hand, we continue to endure losses?"

"No! No! No!" Hunter shook his head repeatedly. " Raising cash to maintain a position is one aspect. In addition, selling part of the asset portfolio to obtain cash flow, while reducing positions, and surviving this difficult time, so it is still difficult to say who loses and wins in the future."

Although the others did not speak, their expressions of nodding fully demonstrated that they had made a full assessment of the situation. At the same time, they believed that this was the best strategy at present. None of them.

"God!" Nick couldn't help but hold his head and complained loudly, "How many positions have you established? How could this happen in one day? Also, what is the leverage ratio, and why did the broker notify him to recover the margin all at once?"

Although he is the founder and senior partner of the Wulei Fund, Hunter does not know the positions of his portfolio. These things are all under the control of the risk control department. However, because it can make money, the risk control department basically has no binding force on Bond Hunter's position.

Hunter's face was so shameless that he said with difficulty: "Currently, the positions in each month have exceeded 100,000 lots, accounting for 40% of all open contracts of nymex. I know this number is a bit large, and the leverage ratio is twice that of nymex, but... but there has never been any problem before."

Although nothing happened before, it does not mean that there will be no accident in the future. Everyone understands this truth, and of course they sneer at Hunter's reason for his defense.

"Where are you?" Nick drank all the beer in one breath, ate the can heavily, glanced at the other people, and then asked in a deep voice, "Do you have any other opinions?"

"It's basically difficult!" Leonard Terrys, the chief manager of the risk control department, shook his head and pointed at Bond Hunter. "He said everything is right. Because the position is too large, we basically have no possibility of closing positions. In addition to continuing to pay margin and maintaining the current position, the most important thing is to reduce this part of the position as soon as possible, because our position is too large."

"So what we have to do now is call the banks or funds that do commodity products to see who they are willing to take over our position, even if they lose a little."

Leonard had no choice. Although he controlled the risk control department, driven by interests, he and his team could only turn a blind eye to Bond Hunter's growing position choice. Because he knew that the other party was the soul and golden sign of the fund, and without Bond Hunter, everyone, including Nick, was nothing.

"In addition, there is another thing to note that this news must be absolutely confidential. At least for our opponents, this news must not be leaked. Therefore, there is no need to inform those energy funds. We can contact those commodity trading departments of investment banks and those funds that do not do energy. We must block this news as much as possible, otherwise when market rumors spread, we will have no way out."

Finally, Leonard added cautiously.

"Don't worry, if it's an investment bank that intends to buy our position, it will never leak this news." Nick nodded deeply and then lit a cigarette again and said, "In addition, Griffin of Castle Investment has a good personal relationship with me. He has always wanted to build a company that surpasses Goodman. I think at least in this regard, he should be willing to help us."

"I hope!" Hunter hung his head and did not dare to say a word. At this time, although he knew that John Arnold would never tell the outside world that he had attempted to sell his position, he did not dare to let everyone present know that he had made similar actions.

"Okay, hurry up and go and act!"

Once he made up his mind, the sorrow and hesitation on Nick's face disappeared. He took out his mobile phone from his arms and dialed the number while saying it. This was the phone number of a senior partner, managing director, and head of commodity trading department of Goodman.

When the others saw this, they stood up and left, took out their phones while walking, and began to make appointments with familiar investment banking departments, asking them to send people to discuss the sale of positions as soon as possible. The time was set on Saturday this week, and the location was naturally the office of the Non-Ware Fund in Greenwich.

At least until now, although the natural gas position of the Buye Fund has suffered huge losses, they can at least support it. Because time is too tight, they can only hope to sell part of the investment portfolio to survive this level. But now everyone who is busy will never think that what they will be a catastrophe when they are waiting for them. (To be continued...)
Chapter completed!