The First Thousand Three Hundred and Twenty-Three Chapters Took over the Flag of the Air Force

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On May 25, the sky was clear and the sun was shining brightly. The temperature in Xiangjiang was as high as 34 degrees Celsius.

In the afternoon, Xia Yu simply rested in his own villa.

There is a swimming pool of hundreds of square meters in the backyard of the villa. Xia Yu was wearing sunglasses and only a pair of beach pants, lying on the beach chair by the pool, basking in the sun.

In the swimming pool, there were two mermaids playing, Xia Yu smiled and watched with relish.

Both Xian Di and Li Qian are wearing very refreshing and attractive bikinis. Li Qian is so proud that she can't hide it, while Xian Di is more tempting.

At this moment, it seemed that she was tired of playing, Xian Di took the lead out of the water, walked towards Xia Yu, and sat on the beach chair next to Xia Yu.

"Xia Yu, can you help me apply some olive oil?"

Xian Di turned her head slightly to look at Xia Yu, and asked with a blink of an eye.

Xia Yu smiled and said with a light smile, "Of course, beautiful lady."

After finishing speaking, Xia Yu got up, squeezed out a large dollop of olive oil, and started smearing Xiandi.

After Xia Yu finished smearing Xian Di with almost no dead ends, Li Qian also came up, and Xia Yu treated Li Qian equally.

Because I was too careful, it took more than ten minutes to complete the operation.

The three of them were lying on the beach chairs with the sun, and Xian Di and Li Qian were lying on either side of Xia Yu.

"Xia Yu, the mainland Illinois Bank is in big trouble, will it affect the situation in Canada?"

When Xia Yu was applying olive oil to Li Qian, Xian Di picked up the information on the table next to her and looked at it. It was a news exclusively provided by Jiuding News Agency, and it was rewritten to the news of the Bank of Illinois in mainland China.

Xian Di knew that Xia Yu was conspiring with her father in Canada, and they were all shorting the Canadian dollar exchange rate. After seeing the news, she was inevitably a little worried.

Xia Yu glanced at the information in Xian Di's hand, and said with a light smile: "It will definitely have an impact. This matter is controlled by the Rothier family behind the scenes, and the purpose is to completely defeat the Chicago consortium."

"I believe that in the next two days, the Chicago consortium will withdraw all the funds, and then it is time for them to counterattack."

"Isn't this very bad for you?"

Xiandi suddenly became nervous, she didn't want to see Xia Yu and her father fail.

"Don't worry, the Roshir family can't make a comeback, everything is under my control!"

"If the Chicago consortium other than them is the biggest main force, it would be a big mistake..."

Xia Yu took Xian Di's smooth jade hand, stroked it, and said calmly.

The corner of Xia Yu's mouth was smiling, with a confident and confident look, full of charm, and Xian Di couldn't help being a little ecstatic.

...

The Bank of Illinois in mainland China is about to collapse, and Xia Yu is naturally eager for it to happen. Of course, he also knows that it is difficult. The US government will not be willing, and the Morgan consortium will not be willing.

Xia Yu knew that the Bank of Continental Illinois was the main target of the Morgan consortium. If this bank collapsed, the McCormick family would suffer heavy losses, and the Morgan consortium would also suffer no small losses.

However, the Chicago consortium was in crisis, and Xia Yu did not intend to give up such a good opportunity. He wanted to be a driving force behind it.

As for the situation in the Canadian financial market, it's still the same sentence, everything is under control, and the Rothschild family can't make a comeback!

The final victory can only be his!

Soon, Polaris Capital got into action.

A lot of money began to pour into the stock market to short the major listed companies of the Chicago consortium.

At the same time, Dun & Bradstreet Group has also become a key short-selling target, because it is the parent company of Moody's, one of the world's three largest rating agencies.

In terms of public opinion, the newspaper controlled by Polaris Capital Corporation has also begun to track and report the news of the Continental Illinois Bank, and has also analyzed the reliance of many American banks on the Continental Illinois Bank, and hypothetically analyzed the impact of the Continental Illinois Bank.

The position of the news is very neutral. In the tone of worrying about the country and the people, it reminds the regulatory authorities to strengthen supervision to ensure that there will be no systemic risks.

Others simply cannot detect the sinister intentions behind this.

But in terms of impact, it's huge.

On May 25, the amount of funds requested for withdrawal was as high as $1.78 billion.

On May 26, the amount of funds requested for withdrawal was as high as $2.14 billion.

Four days down, a whopping $6.55 billion!

The other three banks also showed signs of running on funds, with a loss of $1.01 billion.

Fortunately, on the afternoon of May 26, the Chicago consortium finally withdrew all its funds from the Canadian foreign exchange market, easing some of the pressure.

More than 20 billion U.S. dollars were used after the principal and leveraged capital allocation. After removing the leverage of other banks, 20.29 billion U.S. dollars were recovered.

Among them, the total profit is 780 million US dollars, which is also impossible. As the main force of the deal, the initial cost is higher, the profit is relatively lower, and in order to hurriedly exit, it was also slaughtered.

Originally, according to the original plan, the profit was at least three billion US dollars, but unfortunately...

Of the $19.51 billion, the funds of the four major families were $8.3 billion, and another $11.21 billion was held by the four major banks and other financial institutions.

Among them, the mainland Illinois Bank has the largest amount of funds, with 2.85 billion US dollars.

The Continental Bank of Illinois then quickly made deals with several other banks, first securing $2.62 billion in funding.

Continental Bank of Illinois received $5.47 billion in funding in one fell swoop.

But after the funds came back, $4.7 billion was stopped and frozen in disguise.

Continental Bank of Illinois can use the funds, only 770 million US dollars.

According to the four-day running trend of the crisis, the funds will still be exhausted on the 27th.

That's when official aid finally arrived.

Federal Reserve Chairman Volcker, Federal Deposit Insurance Corporation Chairman Isaac, Director of the Financial Institutions Inspectorate Conova, and executive officers of six of the seven largest U.S. banks jointly studied and passed the decision.

The Federal Reserve Bank of Chicago, one of the twelve regional Federal Reserve Banks of the Federal Reserve, came forward to lend $3.6 billion in emergency funds to the Bank of Continental Illinois!

In addition to this, sixteen banks were forced to provide a combined thirty-day line of credit of up to $4.5 billion to lend to the Continental Bank of Illinois.

The US$3.6 billion was deposited into the Illinois bank account early on the 27th, while the other US$4.5 billion in 30-day credit lines would need to be raised by major banks one after another, which would take time.

At this time, the withdrawal of more than 20 billion US dollars of funds from the Chicago consortium has not only weakened the power of the bears by more than 20 billion US dollars, but also increased the power of the bulls by more than 20 billion US dollars.

The offensive and defensive trend reversed in an instant!

The bulls blew the horn of counterattack, and the bulls led by the six major Canadian banks all took out spare funds and entered the foreign exchange market, killing the bears to retreat.

The exchange rate of the Canadian dollar against the US dollar quickly rushed back above 0.8, and the bullish trend quickly took shape.

The Canadian stock market also began to recover, the Toronto 300 index again rushed to 2400 points.

The situation for the bears is precarious.

Richard King Mellon couldn't sit still, and an ocean-going call made a call to Xiangjiang to discuss countermeasures with Xia Yu.

Xia Yu directly gave Richard King Mellon a reassurance, telling him that he had found other allies, and he would soon raise the banner of the Air Force and fight back strongly!

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