Chapter 2675 Empowerment

Feng Yiping immediately said, "Didn't I say it's not time yet,"

"I know, I remember, but Feng, will there really be more difficult times?" Lauder asked.

Feng Yiping asked in his heart, could it be that older people, regardless of whether they are domestic or foreign, male or female, are all so wordy?

But thinking about the calm period from the time Bear Stearns was acquired to now, he smiled and said, "Why, do you think the recent days have been too peaceful?"

"You see it because you want to see it," he repeated the same sentence that Sartre said to the reporter of "Le Monde" when he was in France.

"Oh, really," Lauder sounded, still worried, feeling like he hadn't let go yet.

Feng Yiping was a little surprised. Given Goldman Sachs's status, it wouldn't be like this.

Because even if the most difficult days come, their lives will not be too difficult, especially considering their special relationship with the White House.

Then Feng Yiping stopped and said, "Speaking of Lord, are you shorting Merrill Lynch or Lehman Brothers? Are you shorting even Morgan Stanley?"

There was silence over there.

At this time, Lauder looked surprised at first, then became very vigilant, and then an idea emerged involuntarily, "This person should not exist in this world."

I just asked a question and then gave a short answer of a few words. You can actually guess what I am worried about and what I have done?

This is so scary and so reassuring!

Of course, he immediately realized that his idea was too scary.

As long as they can make greater profits, they can even push for change or war in a small country - of course they will hide behind the scenes, but when it comes to individuals, especially people like Feng Yiping who are powerful in both political and business circles in the United States, Taking extreme measures has never happened before.

Because that is equivalent to opening a Pandora's box. The final result will definitely be your own safety, and it will definitely not be guaranteed.

As his mind was spinning, Feng Yiping said again, "Lalder, if you do this, you will have no friends...well, of course you don't care about this,"

"But if you do this, you won't worry about congressional investigations in the future?"

"Oh, you shouldn't care about this either,"

Although Feng Yiping said this, he seemed to be extremely confident in his inference, but Lauder felt a lot more comfortable, because he could at least hear concern and worry from these words.

"I don't quite understand what you mean." Since everyone is understanding, he just perfunctoryly said, "Since you think it's not the right time to start now, then it won't be too late to wait until the right time comes."

"It's just Feng, when do you think this time will be?"

They were indeed short Merrill Lynch and Lehman Brothers, but they did not expect that Wall Street would be quiet for such a long time after Bear Stearns came to an end, which made them somewhat uneasy.

In an environment like this year, if such short selling fails, even with Goldman Sachs' years of accumulation, it will definitely be severely damaged.

Feng Yiping said, I can confirm that it will most likely be in the third quarter, but naturally I can’t tell you.

"It depends on the market liquidity, but although the liquidity of the entire market seems to be as regular as the rise and fall of the tide, it is actually completely impossible to predict accurately,"

"But I believe you can also see that the big trend is that liquidity is tightening, so we can say that in the current seemingly calm situation, that day is actually getting closer,"

Strictly speaking, Feng Yiping's words did not answer Lauder's question, but Lauder felt very relieved after hearing it.

Because although Feng Yiping didn't say when the more difficult time would come, he once again emphasized that the more difficult time must be yet to come, so that's good!

"Then we will continue to prepare. In addition," Lauder once again expressed his sympathy for what is happening in the country.

Feng Yiping really wanted to say something, could you come up with something practical?

But he knows that for investment banks like Wall Street, who are eager to hide behind the scenes and make money, they don't need to expand their reputation in the minds of ordinary people, so they will never take out money at this time when their money is really tight. Express condolences.

After listening quietly to Feng Yiping's call, Lao Ma asked, "Are you okay?"

"We are fine, but they are not far from trouble," he pointed at the phone and said, "Even people like Lord are a little panicked now,"

Otherwise, there would be no need for Lauder to ask Feng Yiping's opinion and seek Feng Yiping's approval in such a tactful way.

Lao Ma actually doesn’t know much about financial issues. For example, when Feng Yiping mentioned liquidity, he could only roughly understand it as lack of money, but this did not prevent him from making his own judgments on some issues. “The heads of Goldman Sachs all If you panic, the problem will definitely not be small,"

This is probably equivalent to a person who when the stock market enters a bear market, can't make up his mind whether it is time to liquidate his position, so he specifically asks Buffett for his views on the stock market, and then hears Buffett say hastily, "I'm also very panicked..."

That naturally means that the situation is terrible, worse than you expected.

Jin Ling paid attention to another matter, "You just said that Goldman Sachs may be questioned by the US Congress. How about you, aren't you?"

"Goldman Sachs will definitely do it," Feng Yiping said, "but even if we do, it's just a formality and we can just let anyone go."

The reason why he concluded that Goldman Sachs would definitely be questioned by the US Congress in the future before the US government's rescue plan, which was a plan to inject capital into financial institutions including Goldman Sachs, was released, was because he knew that Goldman Sachs had also purchased CDS.

Feng Yiping and his fund's purchase of CDS is based on his prediction that mortgage securities will fall. Therefore, it can be regarded as a normal market investment behavior, but it is more bold. It is similar to predicting a market that is currently popular and is still in the market. Stars on the rise will become obsolete in the near future.

But the nature of the CDS purchases by Goldman Sachs and others is fundamentally different from Feng Yiping and others.

On the one hand, Goldman Sachs is selling CDOs, including subprime loans, to investors, bragging to investors about how much income these bonds will bring.

On the other hand, Goldman Sachs determined that these CDOs would not only bring no income, but would also depreciate in value, so they purchased CDS contracts.

It's like he is telling investors that Jiaqiang's stock will definitely rise in the future, so you can buy it with confidence and boldly, so he charges a large fee.

In fact, he feels that Jiaqiang's stock will definitely lose money in the future, so he is already shorting Jiaqiang's stock...

Such a company that does not take the interests of investors seriously, can even be said to be a company that defrauds investors, and does such a deceptive thing at such a time, how can it possibly escape the questioning of the U.S. Congress in the future?

Besides, if it is revealed in the future that Goldman Sachs shorted the stocks of peers such as Merrill Lynch and Lehman Brothers, some people will definitely wonder whether the situation was actually not that bad in the first place. Merrill Lynch and Lehman Brothers would not have collapsed. The subprime mortgage crisis The impact will not be expanded originally, but Goldman Sachs is working hard behind the scenes for the sake of your own short-selling profits?

Think about it again, wait a minute, isn’t the reason why Bear Stearns was ultimately unable to save his life precisely because of an email that was “unintentionally” leaked by Goldman Sachs?

So this guy has a precedent of this...

In order to calm public anger, the U.S. Congress naturally had to ask Goldman Sachs for clarification.

"On one side, the financial market is in a mess, and on the other side, gold is soaring rapidly. This is really a chaotic world, a financial chaos," Lao Ma said with emotion.

"Fortunately, we have you, so we don't have to worry about money now," he shook his head. "In China, life for many companies has become tighter. On the one hand, orders are decreasing, and on the other hand, bank loans are becoming more and more expensive. The tighter,"

Yes, although our country’s financial system has greatly resisted the impact of subprime mortgages on our financial system, in this globalized world, the negative impact of subprime mortgages on the economy has inevitably been transmitted to our manufacturing country. .

“Speaking of this, I have an idea,” Feng Yiping said. “You see, we have sufficient funds this year, so can we rely on the data collected by our e-commerce platform to provide some credit-worthy services—we are not Have you roughly established a rough credit system, based on that data, and then selected some e-commerce companies that are competitive but have difficulty obtaining bank loans to provide financing support? "

"Will the regulatory agency allow it?" Jin Ling asked immediately.

But Lao Ma's eyes immediately lit up, "Providing financing support to small businesses on our platform? This is great, this is great!"

"Your proposal inspired me. I think we can do more,"

"President Jin's concerns are also very reasonable. It is impossible to get the regulatory agencies to agree, at least in the short term. However, with our starting point, as long as we keep working hard, we will definitely succeed one day,"

Lao Ma was very excited. He felt that another window had opened in front of him.

ps: Please vote for the last day!