Chapter 619: [Luo Sheng's response]

Technology complex building.
"There was a small accident, and the southward capital made a big profit. I still underestimated the strength of the domestic small scattered, and their confidence in you, or superstition?" Qin Weimu said, she had just come over.
The market value of Bluestar Technology plunged 500 billion US dollars, but in Qin Weimu's original expectation, it should be slashed.
The result did not fall below the psychological expectation, which also means that at least 12 billion US dollars in profits should be made this time. It is a fact that domestic investors have little fighting power and are always cut.
But being rich is also a fact.
Like today's U.S. stocks, there is basically no play in the market, and the main institutions are fighting.
Only the power of Da A Xiao San is amazing, but it is just a scum of sand with a combat strength of only 5.
This time, Bluestar Technology plunged, the market trend was uncharacteristic, but it was normal, because domestic stockholders often acted against the main force, and they were cut after the next time.
This time, it was still a pick-up and continued bottoming out.
Luo Sheng grinned and said: "This makes it impossible for Caiyun to come in and stop it. The Xiaosan people really copied it this time. It seems that many people who eat melons have already mastered the" password of wealth ". Haha, know You can eat meat with the Archbishop, regardless of the news and emotions on the market, and you can finish your business with your eyes closed. Instead, you can make money. Those who have a rational analysis are losing money. "
The market is just so fascinating.
There are a lot of small folks in China who are very straightforward, and when they close A, they will finish. As for the result, let's see the sky.
Compared with some old leeks, they are looking at the company's performance and financial reports, personnel changes, economic trends, industry dynamics, and leverage funds. The operation is as fierce as a tiger. That is called a professional. As a result, the market value of positions is entangled on the top of the mountain ...
"Roger, it's almost time, the special car is waiting outside the door." At this time, An Qingxue reminded.
"Ok."
Luo Sheng nodded, immediately got up and went out, took a special car to the Bluestar Technology Headquarters, the press conference has been arranged, and the media that arrived have arrived early.
...
Twenty minutes later, the media reporter at the press conference saw Luo Sheng finally showed up, and all of them stood up collectively and snapped pictures.
The party finally showed up. The strongest "big short" in history is Luo Sheng's hottest title. Many people hate him for this, but there are as many or even more people admiring him.
In a sense, he is a superhero in the minds of many people in the country, and the explosion of the mentality of playing on Wall Street is rare in the world.
This was not a thing before. Such deeds are enough to become a legendary topic that people talk about after tea.
Luo Sheng had just arrived, and the twitter of reporters instantly turned the quiet hall into a vegetable market.
"Mr. Luo, in response to the SEC accusation, the Financial Times wrote today that Bluestar technology management turned the SEC accusation from shock to anger. Is this true?"
"President Luo, what's your response to this incident?"
"The stock market of Bluestar Technology plunged. There are rumors that you are shorting yourself again. Is the news true?"
"The SEC stated in your 24-page complaint that you were suspected of misleading investors on a complex debt-backed securities tied to dangerous subprime mortgages. The entire Wall Street has stirred up thousands of waves, while North America and Europe strongly urges new allegations against your bad behavior during the financial crisis. How do you explain this? "
The press conference presided immediately: "Quiet, be quiet!"
After a while, it finally became quiet, and the reporters sent by the major media organizations also sat down again.
At the end, Luo Sheng, who was standing alone on the podium, finally spoke, and saw him with a serious expression and justified his argument and argued:
"For the SEC ’s decision on the charges last Thursday, first of all, I was personally shocked. The SEC filed a lawsuit without any prior warning. For the statement that the case may make me resign, last Thursday, the SEC After the news of the lawsuit came out, the stock price of Bluestar Technology plunged more than 12%, and then plunged again on Friday. This has already suffered a series of blows to my personal and corporate reputation so far, and has caused immeasurable actual losses. We will be nervous about the stock price in early trading on Monday. "
"In this regard, my team of lawyers will strongly defend and will prosecute the SEC. Their alleged fraud allegation has no basis in law and in fact."
It was said that, but in my heart, I was stealing music, and the Wall Street gangsters who followed the press conference in the middle of the night heard his serious nonsense, raked in the backhand, and described themselves as victims. The rhythm has also been a lot of exhaustion for the operation of the SEC's pig teammates.
At the same time, at the press conference, he continued to start a long speech with a solemn face:
"The allegations made by the SEC against me, the so-called eloquent exposure of my betrayal and fraud behind the financial turmoil? I disagree, is this the whole truth behind the crisis? Is it possible that the SEC can only accuse me of In 2007, the 'synthetic' debt mortgage securities transactions misled the world's most savvy Wall Street investors? "
"This accusation looks like a funny farce, and far from being conclusive evidence of the financial crisis, but dumped this pot on me personally, when did I have such a big energy?"
"OK, then let's analyze the frauds claimed by the SEC. Among them, I cooperated with Paulson, a hedge fund investor who shorted the subprime market, and Michael, a hedge fund. The SEC accused me of allowing the fund company to choose Mortgage securities, allowing investors to speculate through CDO, and accused me on the other hand of not telling investors the role of fund companies as counterparties to this transaction. "
"Regarding the accusation, we could not find anything in the CDO issuance document in 2007, claiming that Paulson ’s company will do the transaction with ACA. The issuance document states that I am not the issuer of the transaction equity. Once the transaction ACA has passed these documents, it must be very clear. It also pointed out that the ACA has the final say on the underlying assets included in the CDO portfolio, and the ACA also removed the recommendations of the Paulson Fund Company. Multiple assets. "
"The more basic situation is that the designed investment does not hold mortgages or even mortgage-backed securities, which is why it is called a 'synthetic' CDO. It is just a financial instrument that allows investors Game the future value of certain mortgage-backed securities. "
"But in the SEC's indictment, it seems that the products issued are actual mortgage portfolios, not bets on these mortgages. So I am wondering why it is not possible to give a clearer description? Maybe it is not understood at all. The difference between cash CDOs and synthetic CDOs is more likely to know these but obscure the wording of the allegations and confuse the media and the public. "
"By definition, this type of CDO transaction is a gambling on subordinated mortgage-backed securities. The existence of short bets is not a secret, but a sufficient prerequisite for trading."
More than half of the reporters on the scene were quite stunned and could not understand at all, or at least did not understand. The operation of these crazy derivatives of financial derivatives is not a professional who really listens more and more stunned.
Although they didn't understand it, the reporters saw Luo Sheng's eloquent posture, which seemed to be justified.
Well, you say a lot, just believe you.
Luo Sheng on the podium faced the helpless spread of the lens of the major media and continued: "As for whether I have an obligation to tell everyone that Paulson and Michael are short subprime loans, it is normal business practice not to disclose the parties to the transaction. It ’s just that I ’m more confused about why I ’m being treated differently. Besides, Paulson and Michael are just hedge fund traders, and no long investor would think it would be like betting against Buffett.

"In this incident, no one can stay out of the game. Paulson and Michael are betting against IKB and ACA. No one of them is not an expert on Wall Street and ordinary commercial streets. No one can deceive him, and all The chaos was all caused by Wall Street. Put the pot on my head? What international joke? "
The implication is that if you use the rules of the game to play, you won't lose if I win?
Toad's back, Lepi?
Luo Sheng added: "As for me shorting Bluestar Technology, I'm sorry, I don't know where the news came from, but I will investigate the source, and the lawyer will write one. I have no obligation to tell everyone that the transaction is not disclosed. All parties are normal business activities, not to mention that I did not participate in the short operation at all, and I did not know about the behavior of the third party and did not comment on it. "
"Moreover, I suffered losses as a result of the stock price decline. In other words, I suffered heavy losses because I cheated the long investor in the transaction. I am also a long investor in the transaction, so I plot to defraud ... Myself?"
...
"F ... that's enough!"
When Lloyd, who was far away from the ocean, saw this place, the gangster straightened up and lifted the stool to smash the screen, and he was very anxious.
Luo Sheng's series of defense responses, between the lines in the ears of Wall Street gangsters, are all mocking and humiliating them.
Everyone with a discerning eye knows that he is sophistry. Over the past few years, the size of his family fund assets has doubled geometrically. Did the money come out of nothing?
But there is no way to refute, in addition to condemnation, he can not be effectively sanctioned in law, nor can he freeze and confiscate the profits he has earned over the years.
The only thing that made the big guys feel better is that the current short blue star technology has got on the bus, but it is still very angry, and the biggest piece has been rowed away by Luo Sheng.
On the afternoon of the same day, when Luo Sheng held a press conference, he broke new news about him again.
The Luo Sheng Family Fund holds US $ 850 billion of US debt assets and is actually the third largest creditor of Lao Mei. From another perspective, more than this number, as long as the oil dollar is not decoupled, it must deal with the US dollar, so As long as you have dollars in your hand, you can treat them as US debt.
That is to go out towards 2 trillion US dollars, the dollar assets of Blue Star Technology and the Azure Coast have to add up, although not Luo Sheng ’s personal, but he has the right to dispose of these funds, nor is the offshore family fund. Personally, but he can dispose of these assets.
The news came out, and it could be described as a rock in the global investment community. Investors who learned of this news suddenly realized that Luo Sheng seemed to be at the cusp of the storm, but in fact, the stable can no longer be stable. They all know that North America will Because of the credit of the US dollar, Luo Sheng was thrown away from the mouse, even if he could not wait for him to disappear on the earth in an instant. UU read the book www.uukanshu.com but he had to bear it.
It was not that he didn't want to move his money, but he couldn't and didn't dare to move. At this time, the investors woke up like a dream, and Luo Sheng was afraid to win again.
And in the last second, I was singing empty Bluestar technology stocks. It may be that the third day will be further vented, and another 20% plunge. As a result, this sudden news was exposed, which directly led to a major reversal. Blue Suddenly the star technology's stock became fragrant again.
By the opening of the stock market next Monday, Bluestar Technology stocks jumped higher and jumped 32.2%. The market value returned to trillions of dollars on the same day, and the total market value of after-hours trading reached 1153.1 billion dollars.
This time, the speed of the take-off is fast, and it has fooled the small and medium-sized investors in the world. The leek is cut off, especially the investors who cut the meat at a high point on the previous trading day. Seeing Bluestar Technology ’s market today ... ... people are stupid.
...
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