Chapter 777 Effect

The establishment of NYSE only caused a little stir in the huge city of New York, but it was fleeting.

The New York Times was still promoting housing prices, the CDO securities market was still booming, short sellers were quietly raising funds, and active and retired referees were thinking about how to gain more profits.

Fang Zhuo did not meet Rubin and Geithner again, and even met Teacher Sa only once. However, the NYSE office in the Empire State Building was soon filled with scholars from Harvard University.

Objective, independent, and third-party, these are the requirements of Fang Zhuo, the sponsor, for this institution most of the time.

Throughout early July, Fang Zhuo was in New York to provide support for MIGA Fund and Mr. Kong.

For several days in a row, the funding institutions attracted by the charity dinner were more willing to talk directly with Mr. Fang, rather than the middle-aged oriental man who was the president of MIGA Fund.

Fang Zhuo welcomes everyone who comes. Many institutions are within the radiation range of the two Democratic leaders, Salvador and Rudd, and have deep or shallow relationships with them. Institutions such as Northern Trust originated in Chicago and are related to the political star O'Neal.

In addition, Larry, the founder of Google, also personally invested a sum of money after chatting with Fang Zhuo in the office of Yike.

This money is the budget for Larry to buy a villa in New York this time...

How can I say it? When Larry walked out of Yike, he suddenly felt a little confused and regretful. How did he talk to Mr. Fang about the trend of housing prices, financial management concepts, and fund performance, and then impulsively agreed to invest?

Larry left New York with several copies of the New York Times given to him by Mr. Fang, and planned to verify the small bet with Mr. Fang on housing prices in half a year.

The founder of Google took out 40 million US dollars, which is more and more straightforward than many institutions.

It can only be said that this is a speck of dust from the top rich.

In comparison, the style of another rich man is very different.

Achuan is a well-known real estate developer in New York, but his reputation is mixed. His hype makes many political and business celebrities dislike him.

He is very interested in the past earnings and future investment direction of the MIGA Fund. After meeting Kong Yu at the charity dinner, he visited the real person in charge of the foundation several times.

Unfortunately, the young Dongfang is very tight-lipped and is only willing to accept investment, not a closer cooperative relationship.

In addition, Achuan always feels that the expression on Mr. Fang's face is a bit strange, and he doesn't know if it is his illusion.

In the end, Achuan bargained again and again, breaking through the investment threshold of 10 million, and invested 5 million US dollars.

Referees, institutions, and wealthy people, in less than two weeks, the MIGA Fund raised an additional 390 million US dollars, while the big short John Paulson needed 150 million to build a position in short CDO.

The funds circulated through different channels found John, which surprised him greatly, and he established two similar short-selling funds in succession.

John's way of short selling is to short sell dangerous CDO securities while buying cheap CDS contracts, but the information of the former is not so easy to screen and penetrate, so he simply built CDO junk securities in the name of Goldman Sachs for $15 million.

Goldman Sachs opened the way for John for the sake of money.

However, Goldman Sachs was also a little surprised that John suddenly increased a lot of demand. He was paying attention to the market trends, but he didn't get any useful results. He could only continue to quietly absorb CDS contracts to offset the risks of CDO in his hands.

This move by Goldman Sachs came from Paulson, who was promoted to financial steward. He strictly required Goldman Sachs to hedge the risks of CDO. This firm attitude was thoroughly implemented after several dissenting executives were fired.

On July 20, MIGA Fund collected part of its own funds, which amounted to as much as 310 million US dollars. These profits were based on the prosperity of the US real estate market, the recovery of the Internet industry, and the boost of Chinese stocks in recent years. Some of them will continue to flow to John Paulson and to build positions in the "two houses".

According to Fang Zhuo's estimate, by the end of this year at the latest, the market should be able to feel the chill of real estate and subprime debt, and the stock prices of the "two houses" will react.

This is a wave of quick money.

In addition to attracting some American chips for lobbying, its short-term realization will also help Bingxin catch up on both legs.

In terms of talent, Liang Mengsong is close to being in place, and a group of his engineers at Taiji are also leaving one after another, and several universities in the mainland, including the University of Science and Technology of China, will have the input of graduates, which are all fresh blood and vitality for Bingxin.

In terms of funds, there is no need to wait until the subprime debt crisis and the financial crisis are completely over, and the short-selling money can be withdrawn and put in the position where development is needed.

Some people have money and good timing. When Fang Zhuo was calculating, he couldn't help but look forward to the Fed's interest rate hikes.

However, the Fed's actions on the real estate market seemed to be completely stagnant after the first half of the year, as if it also smelled something wrong.

On the last day of July, Fang Zhuo attended another cocktail party in New York, packed his bags and prepared to return home.

But he was not idle on his last day in the United States.

He first asked about the team's construction. The general manager signed two players from Europe, shooting guard Anthony Parker and power forward Darius Songaila. These were names that Fang Zhuo was not familiar with, so he could only wait and see what would happen next.

Afterwards, Fang Zhuo had lunch and dinner with Stringer and Yu Hong respectively.

Sony released its financial report for the second quarter of this year after receiving funds from Fang Zhuo for the purchase of Android shares. Regardless of the performance of TVs, panels, and consumer electronics, at the very least, this data is relatively good.

Seeing the old Jazz chatting and laughing while eating, he also has some plans for Sony's future.

Fang Zhuo sincerely blessed Stringer and felt that even if Sony expelled the British knight in the future, he would definitely retain his position as executive director of Yi Kefei.

Dinner with Mr. Yu Hongyu in the evening will be very businesslike.

Yike's mobile phone project gradually encountered obstacles, which required Yu Hong to coordinate and solve them.

As Apple gradually revealed information that was unknown to be true or false, Mr. Yu was increasingly under pressure. During this meal, in addition to complaining about the boss's recent cocktail party in New York, they systematically discussed the selection of important parts for the mobile phone.

The flight from New York to Shanghai is at one o'clock in the morning.

The two of them had dinner until eleven o'clock at night. In addition to the plates, there were also documents on each other's tables.

"Mr. Fang ate too much at the reception and dinner, and these are not to your liking?" Yu Hong asked with a smile when she saw the boss's untouched dinner.

Fang Zhuo also smiled and replied: "My stomach is a little uncomfortable, a minor problem, an ulcer."

He had some stomach ulcers during his previous physical examination. According to the doctor's advice, he should try to avoid coffee and strong tea, quit smoking and drinking, and eat regularly.

But these are not easy to do when you are busy, especially since I also like to drink strong tea and coffee, so I will inevitably drink alcohol at this month’s reception.

When Yu Hong heard this, she was slightly startled: "I thought you, a workaholic, were an iron man. My dad also has this problem. Pay attention to your health. Don't be busy with so many things when you return home. Eat on time and take care of yourself."

Fang Zhuo laughed: "Absolutely, Mr. Yu, let's communicate more. Those who come from China for exchange and study next month must also be accommodated. Software development based on the Android system is very important, and we will compete with Penguin." An important part.”

After Yu Hong said a few words, she heard about the work again. She felt a little helpless and could only respond: "Okay, I will report to Boss Fang in time."

"Let's go. See you later. I'll probably have to fly around a lot in the second half of the year." Fang Zhuo didn't hesitate. He took the documents and prepared to drive to the airport.

"It's safe when you get up and down, and take care of yourself." Yu Hong only had this final instruction.

After getting in the car, Fang Zhuo lowered the window and waved to Mr. Yu.

He will come again soon to watch the fireworks of the subprime debt crisis live.

…

Google, Android, Taiji, Qualcomm, Subprime Debt, Dalu, Xiaosa and Xiaoao.

On the flight back to China, Fang Zhuo did not review the documents as usual. He just quietly reviewed the various situations he encountered on this trip. Some things could have been handled better if he had to do it again, but at that time, he tried his best. .

To say that what excites him most these days is not the profits that the subprime debt crisis can bring, but Liang Mengsong's agreement to join.

"Tea, forget it, drink water."

Fang Zhuo thought seriously for a long time and let out a sigh of relief after his mind became clearer.

The secretary handed over the cold boiled water. Seeing that Mr. Fang looked relaxed after drinking it, he said with a smile: "Mr. Fang, Jay Chou will release a new album "Still Fantasy" in September, and he also recorded a new song specially for you."

Fang Zhuo was a little surprised: "New album? Will he include the song about scolding the referee?"

As he spoke, he took the headphones and listened to a new song "Brother" by Jay Chou that he had never heard before. There was a line in it, "Mr. Fang told me to stop calling me brother. Brother must stick to himself, brother, brother..."

After listening to it, Fang Zhuo put down his headphones. It couldn't be described as a wonderful feeling, but it was probably the little butterfly effect he brought about.

It’s not bad at all. It’s a good thing to inspire the desire to write songs, and it’s also a good thing to instigate changes in the semiconductor industry.

A butterfly in the Amazon rainforest, flapping its wings occasionally, may cause a tornado in Texas two weeks later.

Fang Zhuo flapped his wings vigorously, intending to stir up a bigger storm.

It's too late to come back today. I'll send you as many codes as you want. I'll try to get back as early as possible tomorrow.