Rebirth of the Financial Overlord

Manhattan under the setting sun seems to be covered with a layer of golden brilliance, slowly sinking with the red sun, forming a unique spectacle of hanging sun in Manhattan.

Because the overall layout of Manhattan is a chessboard, the streets are mostly built along the east-west or north-south direction, but because the east-west streets are not strictly along the east-west direction, but deviate by about 30 degrees, there are several opportunities every year where people can On the easternmost side of the street, the sun is slowly setting from the west in a canyon made of reinforced concrete.

The afterglow of the setting sun covers the streets, and people on the east-west streets can see the setting sun. From a distance, it looks like the sun is about to fall on the street.

34 Wall Street.

Paul Duyi Jones stood with his hands in his pockets in front of the glass curtain wall of the office, looking at the sea not far away. The Statue of Liberty was standing on the sea with a torch in her hand. The afterglow of the setting sun shone on her side face. Pleasant beauty.

For some reason, Jones suddenly discovered that the figure of the Statue of Liberty was really too sexy, even though it was not the first time he saw her here across the sea.

bang bang——

There was a knock on the open office door, and as Jones turned, his assistant hurried into the office on high heels.

Lorna. You look so beautiful today.

Jones looked at the boost and joked with a smile. Obviously, he was in a good mood.

Of course, he also has reasons for being in a good mood.

The British pound fell by 5% against the Mark, which made up for the company's previous losses in the US dollar by a full 20 million US dollars. This is a very good start, because if you want to make a lot of money, you must first make a profit. A lot of money.

nonsense?

NO.

At least, earning a small amount of money means that his judgment is correct.

Lorna smiled slightly, and there was a faint line across her delicate face, but it didn't destroy her beauty, instead, she licked a mature charm.

Mr. Cavin asked me to ask you if it's time to increase your position.

Calvin Pangson is the chief trader of Duyi Fund, mainly responsible for position trading in the European market.

Paul Duyi Jones glanced at the exchange rate between British Pounds and Marks, which was still in the oscillating range, walked to Lorna's side, stopped her waist and kissed her passionately.

It still needs to wait. At present, we are not sure whether the Bundesbank will take another step back because of the pressure on the pound. But today's scenery is very dull, you have to stay here and enjoy the scenery with me.

.

Lorna's light green pupils revealed all sorts of amorous feelings. She noticed that although her boss looked calm now, his blood was already boiling. Stepping on high heels and swaying an irresistibly charming figure, Lorna grabbed The phone on the desk dialed the internal extension number.

Soon, the call was connected.

Karvin, the boss still needs to wait. Hmm.

.

At the same time, the Commodity Company Investment Management Division.

Bruce Kovler sits down with Marcus to discuss what's next for the pound.

At present, the British still have four cards in their hands. Use all their foreign exchange reserves, raise interest rates, borrow money from the IMF, and order Hong Kong to buy sterling to strangle our positions at all costs.

What you said is consistent with what I think, but after all I am worried about the reaction of the Germans. If the Germans consider the position of the European Central Bank, they may back down again.

I'm worrying about that too, Schlesinger doesn't look like he wants the Bundesbank to go away, but others want to see Germany become the central bank of Europe, and that's a big wild card.

Then let's wait and see, at least our current floating earnings can withstand the worst.

I agree with your suggestion. In the worst case, we will return the current profits to them, but I have another suggestion, which is to test the reaction of the Bank of England. Since the Oriental dares to make such a big show, I believe he must There are definite reasons.

Oh, you're right. That oriental guy doesn't look like a fool, but where did he get his confidence? Also, how many employees does he have? God, it's unimaginable. Every second can reach Thirty deals.

Who knows! But this is a headache for the British, at least we are still teammates.

Okay! But I'm really worried that that guy will attack us with a backhand. The speed of the transaction is really terrifying.

It's still early to talk about this. If possible, I will go to him to talk about cooperation. I believe he will not mind becoming an ally with the commodity company.

That's the best.

.

Stupid people are all stupid in different ways, but smart people are all similarly smart in terms of intelligence.

As the first person in contemporary fund management, Paul Jones chose to wait and see, commodity companies chose to wait and see, Bank of America chose to wait and see, Morgan chose to wait and see. Almost everyone chose to wait and see.

Because no one can be sure that the Germans will lower interest rates again, because of the responsibility of the European Central Bank, it is necessary for them to do so.

But if Germany chooses to lower interest rates, it would be a very unwise choice to continue to short the pound.

These institutions and people can perceive the risks involved. As one of the world's top speculators, Stanley Druckenmiller can naturally perceive the uncertainty of the pound to mark exchange.

However, he ran into a little difficulty.

His boss, partner, partner and mentor—George Soros—was a bit reluctant.

Druckenmiller understands this very well. He is very clear that Soros likes the feeling of being under the flashlight, the feeling of being in control of everything, and the feeling of looking down on all living beings.

But now, that honor has been taken away by an oriental man.

Understanding does not mean agreeing. As a fund manager, Druckenmiller has always disliked Soros' flamboyant personality. Why would he care about those illusory things?

George. I disagree with your suggestion. It is too risky.

Stanley. I understand your concerns, but if that oriental man dared to make such a big show, he must have a good reason. Do you think he is a fool?

George, I don't think he is an idiot. But I think he is gambling. You taught me that there is a fine line between speculation and gambling. Before I get the German's statement, I think this is gambling. George , I don’t want to say it, but I have to remind you that you were influenced by that oriental man.”

.

All of a sudden, George Soros fell silent. Although he didn't want to admit it, he had to admit that he was indeed influenced by that oriental man.

The fame and honor that should belong to him was robbed by that bastard. The most abominable thing is that what that bastard wrote seemed to be what he should have written, a feeling that I don't know how to describe.

But George Soros is a master of the generation after all, and the years have allowed him to overcome many shortcomings of human nature. Facing reason and anger, he finally chose reason.

Stanley, you are correct. We do have to wait until the Germans make their case.

You are right George, my instinct tells me that the British must be in a state of distress now, and they are preparing or have already thought of various countermeasures. Putting pressure on the Germans must be the first step. I believe that we will soon determine the final result.

.

After finally convincing George Soros, Stanley Druckenmiller got up and left with a sigh of relief. Looking at his tall back, Soros sighed helplessly.

Although reason made him approve of Stanley's suggestion, he was really not reconciled.

Damn it. What exactly is that guy relying on? Could it be that he is gambling? But it shouldn't be!

The Bank of England is recognized as the most powerful central bank in the world.

But who would have thought that in just fifteen minutes, under the huge market sell-off, he was killed and completely defeated.

It is simply unimaginable and unimaginable.

With the changes in the market, the eyes of the whole world were immediately attracted to London. I don’t know how many finance ministers and central bank governors who had already rested were awakened by the phone from their sleep, or they hurriedly dropped their bowls while eating. Chopsticks, into the work.

Ten thirty in the evening.

Spain, capital Madrid.

Carlos Salchaga was woken up by the rapid ringing of the phone. He sat up with sleepy eyes, a little dissatisfied that someone woke him up at this time, but when he heard the content of the phone, he suddenly lost his pajamas.

What did you say? The pound plummeted by five percent in fifteen minutes?

Yes, my lord. You'd better think about what we're going to do. I'm afraid it will add to the panic in the markets.

.

Carlos Salchaga didn't dare to hesitate any longer. As the Minister of Finance of Spain, he knew very well what a 5% plunge in the pound in fifteen minutes meant.

That's the Bank of England, the most powerful central bank in the world for hundreds of years. If the pound can't hold up, then the peseta, which has depreciated by more than 20%, will only make things worse. The market has no emotions, but those who participate in the market have emotions. Once the panic in the market reaches its limit, it will be a nightmare.

Because, under the financial transmission mechanism, large-scale convergent trading will be triggered, and all short sellers will look for prey like hyenas.

At this point, in 1987, Solchaga had already tasted the horrible market conditions. The US market plummeted, triggering a global crash.

All stock markets plummeted by more than twenty percent.

If the Bank of England, the most powerful central bank, cannot resist the short attack, then Spain may only be desperate to meet the doomsday.

At that time, he, the chancellor of the exchequer, will just wait for a decent resignation.

Regardless of the coolness of the night, Carlos Salza hastily dialed the dedicated phone number of British Chancellor of the Exchequer Norman Lamont.

London, England.

Norman Lamont looked at the Reuters screen and swallowed hard. His face was also blue and red. He never thought that the impossibility would become a reality when he just said it was impossible.

That feeling was like being slapped left and right on the face. Although it didn't hurt, it was really embarrassing.

Unexpectedly, the phone rang. It was a dedicated phone. Norman Lamont picked up the phone nervously, a little afraid that it was a reprimand from Major or even the Queen.

Norman, it's me. Solchaga, I just received the news that the pound was attacked. How is it now?

It's horrible, it's really scary!