Global Monopoly of Technology

Science and Technology Complex Building.

"There was a little accident, and the southbound funds were aggressively buying the bottom. I still underestimated the strength of Xiaosan in China, and underestimated their confidence in you, or superstition?" Qin Weimu said, she just came here.

The market value of Bluestar Technology plummeted by 500 billion US dollars, but Qin Weimu's original expectation should be cut in half.

The result did not fall below the psychological expectations, which also means that the trader will lose at least about 12 billion US dollars in profit. It is a fact that domestic investors have no fighting power and are always cut off.

But money is also a fact.

Like today's U.S. stock market, there are basically no small things playing in the market, and all the main institutions are fighting.

Only the power of Big A and Xiaosan is astonishing.

This time, Bluestar Technology fell sharply, and the market trend was uncharacteristic, but normal, because domestic investors often fought against the main force, and they were cut off every time.

And this time, it is still taking over and continuing to buy bottoms.

Luo Sheng grinned and said, "This is called fortune, and you can't stop it. The little fans really did it this time. It seems that many people who eat melons have already mastered the 'wealth code', haha, I know. If you follow the archbishop, you can eat meat, don’t care about the news and emotions in the market, you will be done with your eyes closed and no brains, but you will be able to make money, and those who have a well-founded analysis will lose money instead.”

The market is so crazy.

There are a lot of small fans in China who are very upright, and they are done when they close their eyes and go up to A. As for the result, let’s see.

Compared with some old leeks, they look at the company's performance and financial reports, personnel changes, economic trends, industry trends, and leveraged funds. The operation is as fierce as a tiger.

"Brother Luo, the time is almost up, the special car is already waiting outside the door." At this time, An Qingxue reminded.

"Um."

Luo Sheng nodded, and immediately got up and went out. He took a special car to the headquarters of Bluestar Technology. The press conference had been arranged, and the media who came had already arrived early.

...

Twenty minutes later, the media reporters at the press conference saw Luo Sheng finally showing up, and everyone stood up collectively.

Crazy capture.

The client finally showed up. The strongest "big short" in history is Luo Sheng's hottest title at the moment. Many people hate him because of this, but there are as many or more people who admire him.

In a sense, he is a superhero in the hearts of many people in China, and it is rare in the world to explode the mentality of playing Wall Street.

This was something that had never happened before, and such a deed is enough to become a legendary topic that people talked about after tea and dinner.

As soon as Luo Sheng arrived, the chattering of the reporters instantly turned the quiet hall into a vegetable market.

"Mr. Luo, in response to the SEC's allegations, the Financial Times wrote an article today saying that Bluestar Technology's management turned from shock to anger at the SEC's allegations. Is this true?"

"Mr. Luo, what is your response to this incident?"

"Bluestar Technology's stock market has plummeted. There are rumors that you are shorting yourself again. Is the news true?"

"The SEC said in its 24-page complaint against you that you allegedly misled investors about a complex mortgage-backed debt securities tied to dangerous subprime mortgages. Thousands of waves were stirred across Wall Street, while North America and Europe is pressing for new allegations of your egregious manipulation during the financial crisis, what is your explanation for that?"

The host of the press conference immediately said: "Quiet, quiet!"

After a while, it finally became quiet, and the reporters from the major media organizations who attended the meeting also sat down again.

At the end, Luo Sheng, who was standing alone on the podium, finally spoke up, only to see him with a serious expression and righteousness and reason:

"First of all I'm personally shocked by the SEC's decision to charge last Thursday, the SEC was filing the lawsuit without any prior warning, and for the claim that this case could put me out of office, last Thursday, at the SEC Bluestar's stock price plummeted more than 12% on the news of the lawsuit, and then plummeted again on Friday, which has taken a series of blows to my personal and business reputation so far, and brought immeasurable real losses, We will be watching the stock price in early Monday trading nervously."

"My team of lawyers will vigorously defend against this and will sue the SEC, and their alleged fraud allegations have absolutely no basis in law and fact."

That being said, I was secretly having fun, and the Wall Street tycoons who were watching the press conference in the middle of the night heard his serious nonsense, and they beat him up, describing themselves as a victim to complain about grievances. The rhythm of the SEC has also been tired of the operation of the SEC's pig teammates.

At the same time, the reporter at the press conference continued to start a long speech with a solemn expression:

"The SEC's accusation against me so-called unequivocally exposed my perfidy and fraudulent behavior behind the financial turmoil? I don't agree with it, is this the whole truth behind the crisis? Is the SEC at best accusing me of Misleading the world's savviest Wall Street investors in a 2007 'synthetic' CDO deal?"

"This accusation, which looks like a hilarious farce, and is far from conclusive evidence of a financial crisis, puts the blame on me personally. When did I get so much energy?"

"OK, then let's analyze the fraud claimed by the SEC, in which I cooperated with Paulson, a hedge fund investor who shorted the subprime market, and Michael, a successor hedge fund. The SEC accused me of allowing the fund company to choose Mortgage securities, allowing investors to speculate through CDOs, and alleging that I, on the other hand, failed to inform investors about the role of the fund company as the counterparty to this transaction.”

"With regard to this allegation, we could not find anything in the 2007 CDO offering documents claiming that Paulson's firm would be long on the transaction with the ACA, and the offering documents stated that I was not the issuer of the equity portion of the transaction, and since assisted in reaching this A deal ACA must have gone through these documents, which must be very clear. It also pointed out that the ACA has the final say on which underlying assets are included in the CDO portfolio, and the ACA also excluded Paulson Funds recommended. Multiple assets."

"More fundamentally, the investment is designed not to hold mortgages or even mortgage-backed securities, which is why it's called a 'synthetic' CDO, it's just a financial game against the future value of a particular mortgage-backed security.”

"But in the SEC indictment, it appears that the product being issued is the actual portfolio of mortgages, not a bet on those mortgages. So I'm wondering, why can't you give a clearer description? Maybe you don't understand at all. The difference between a cash CDO and a synthetic CDO, and more likely, is aware of these but obscures the wording of the charges and confuses the media and the public."

“By definition, such CDO transactions are bets against subprime mortgage-backed securities, and the existence of short bets is not a secret but a sufficient prerequisite for the transaction.”

More than half of the reporters at the scene were stunned for a while. They didn't understand at all, or half understood. The operation of these crazy dolls of financial derivatives is not a professional.

Although they didn't understand it, the reporters saw Luo Sheng's eloquent attitude, which seemed to be reasonable and well-founded.

Well, you talk a lot, just believe you.

Facing the cameras of major media, Luo Sheng helplessly continued on the podium: "As for whether I have the obligation to tell everyone that Paulson and Michael are shorting subprime mortgages, it is a normal business practice not to disclose the parties involved in the transaction. I just wonder why I should be treated differently? Besides, Paulson and Michael are just a hedge fund trader, and no long investor would think it would be like a bet with Buffett.”

"In this event, no one can stay out of the way, Paulson, Michael and IKB and ACA bet, no one of them is not the expert of Wall Street and the ordinary high street, no one can deceive him, and all the All the chaos on Wall Street, put the shit on me? What an international joke?"

The implication is that you play with your game rules. If I win, you can't afford to lose?

Toad's back, sloppy?

Luo Sheng added: "As for saying that I'm shorting Bluestar Technology, I'm sorry, I don't know where the news came from, but I will investigate the source and get a lawyer's letter. I'm not obliged to tell everyone, not to disclose the transaction. All parties are normal business practices, not to mention that I did not participate in the short-selling operation at all, and I have no knowledge or comment on the behavior of third parties."

“Also, I have suffered losses because of the drop in the stock price, in other words, I have suffered heavy losses by defrauding the long investor of the trade, and I myself am a long investor in the trade, so I conspired to defraud… Myself?"

...

"F***...that's enough!"

When Lloyd, who was far from the other side of the ocean, saw this place, the big guy just got up and lifted the stool and smashed the screen into pieces.

Luo Sheng's series of defense responses were heard between the lines in the ears of Wall Street bigwigs, all of which were ridicule and humiliation of their red fruit.

Anyone with a discerning eye knows that he is arguing. The assets of his family fund have doubled in size in the past few years. Was this money conjured out of thin air?

But there is no way to refute it. In addition to condemning him, he cannot be legally sanctioned, nor can he freeze and confiscate the profits he has earned over the years.

The only thing that makes the big guys feel better is that the current short-selling Blue Star Technology has all gotten on the car, but they are still very angry, and the biggest piece has been taken away by Luo Sheng.

In the afternoon, at the end of Luo Sheng's press conference, he broke new news about him again.

The Luo Sheng family fund holds US$850 billion in US debt assets, and is the third largest creditor of Laos and the US. From another perspective, it is more than this number. As long as the petrodollar is not decoupled, it must deal with the US dollar, so As long as you have dollars in your hand, it can be regarded as a U.S. debt.

That is to go to 2 trillion US dollars, and the US dollar assets in the hands of Bluestar Technology and Cote d'Azur must also be added up. Although Luo Sheng is not personally, he has the right to dispose of these funds, and the offshore family fund is not his. personal name, but he can dispose of these assets.

When the news came out, it caused a thousand waves in the global investment community. Investors who heard the news suddenly realized that Luo Sheng seemed to be on the cusp of the storm, but in fact he couldn't be more stable. Because of the credit of the dollar, Luo Sheng was thrown at him. Even if he wanted him to disappear from the earth in an instant, he had to endure it.

It wasn't that he didn't want to move his money, but he couldn't and didn't dare to move it. At this time, investors were waking up like a dream, and Luo Sheng was afraid that he was going to win again.

While the last second was emptying the Bluestar Technology stock, it is possible that on the third day there will be further madness and another 20% plunge. As a result, this sudden news was exposed, which directly led to a major reversal in the direction of the blue star. Star Technology's stock has suddenly become fragrant again.

When the stock market opened next Monday, Bluestar Technology’s stock jumped higher, skyrocketing 32.2%, and its market value returned to one trillion US dollars on the same day, with a total market value of 1,153.1 billion US dollars in after-hours trading.

The speed of this time's take-off has made small and medium investors around the world foolish, and the leeks have been cut away like this, especially when investors who cut meat at a high point in the previous trading day saw the market of Bluestar Technology today... ...people are stupid.

...

(Ps: recommend a friend's black science and technology article "Super Technology Leader", which is already fat and slaughtered. Introduction: rocket engine wholesale, aerospace aircraft maintenance, satellite repair and waxing, space garbage recycling, organizing space tourism, developing the solar system, Be the navigator of the advancement of human civilization!)