Chapter 707 Are they crazy? [Continue with the third update, the first update]
Dodge received a call from Neil, CEO of PNN Fund, and immediately took action. A billion US dollars of funds soon entered the PNN Fund account of Deka Bank.
Dodge's investment company began to complete the relevant loan procedures with PNN Fund staff via fax. According to the documents, the loan was an interest-free loan.
Just when Neil received the notification from Deka Bank that one billion US dollars of funds had been credited to his account, he breathed a long sigh of relief and looked at the time. He should be able to hold on until the market closed.
He loosened his tie, took a sip of the coffee beside him, and saw numbers jumping on the computer screen, and a sum of 100 million euros was dropped.
Going long the Australian dollar, this order immediately caused the Australian dollar's originally stable data to fluctuate upward.
Neil immediately became nervous.
At this moment, another big order came down, worth 200 million euros, and the Australian dollar index showed an obvious upward trend.
Neil put down the cup and immediately started to operate, trying to find out where the two funds came from.
Soon, the data revealed that one fund came from the Bank of Saint Lun in Portugal, Europe, and another fund came from the Bank of Salvador in Brazil.
Neil immediately frowned and began to think. At this moment, a sum of up to 500 million euros came down, and Niron took a breath of cold air.
A dangerous signal appeared in my mind. The PNN Fund was in danger today, and the other party was going to drive me bankrupt.
I looked up at the time and saw that there were only a few minutes before the market closed. I picked up the phone and had to call Dodge. One billion dollars was not insured, so I had to invest more money.
He called up Dodge's phone number and pressed the dial button. At this moment, a bill of up to 500 million euros came out again, and Neil immediately panicked.
The appearance of these four orders meant that the one billion dollars that had just been recorded was not enough to be consumed, and the remaining funds were also being consumed rapidly.
Soon, there was a busy sound on the phone, and Neil said "Fake!" and swiped the phone directly.
It's over, it's over for you, the PNN fund is over, and without new funds being injected into the account, Deka Bank will definitely force the liquidation.
These banks do not want to participate in this war. If they want to be neutral, they must follow the rules.
The data on the screen began to rise, and several large orders were placed in succession, attracting many retail investors to follow up. The power of a retail investor is limited, but if there are more, it is a huge force.
Some time ago, forcing colleagues to unplug their network cables is an obvious example.
With a "bang", the door was pushed open, and Nilon's assistant Amanda quickly walked in and reported quickly to Nilon, "Boss, Deka Bank just called and said that they can't contact you and they are going to force a settlement."
Out of stock!"
"What should we do now".
Nilen's face turned pale, and he looked at Amanda and said weakly, "What can I do? The PNN Fund is over!"
After saying that, he slumped down on the chair with all his strength. At this time, the pointer on the wall reached the closing time.
Ten seconds before the market closed, the PNN fund was finished and could not hold on.
In New York, the stock exchange market is very different. Most people are cheering with their hands raised in the air, while most people are staring at the big screen motionless like zombies.
News has just come out that Deka Bank has forced liquidation of PNN Fund positions.
This shows that the PNN Fund is completely finished!
For these ordinary people, there is only this news, but for those big shots and caring people, what happened today is more than that.
Today, a total of seventeen members of Congress in Europe and the United States expressed support for the breakup of the Protoss Group. Fourteen of them have exposed a huge scandal and have been investigated by the police.
Not to mention, all global stock markets fell today and no one rose. This is not a good sign.
This shows that a large-scale financial crisis is coming.
Many banks and institutions have taken action to notify loan customers to repay their loans, and many banks have offered to waive any interest.
What's more, they are directly dismissed on the condition that no interest is required and only 90% of the principal is returned.
The market began to panic.
Tomorrow, the global stock market will continue to fall, because the chain reaction of the Centipede Fund and PNN Fund that were killed today has not yet begun due to their bankruptcy.
There will definitely be a chain reaction tomorrow, and even if the reaction is not large, it will have an impact on some industries.
In addition to their main positions, the two funds also have other investments. Now that they are bankrupt, those investments will definitely be forced to liquidate, which will cause problems for many companies.
What's more, Gao Jin and Dodge will definitely have a fierce battle tomorrow. Both sides have raised enough chips today, and tomorrow's battle is unavoidable.
After the financial war begins, various chain reactions will be transmitted one by one, and may even produce a destructive power of one plus one greater than two.
Once the vicious cycle begins, many people will be involved, even if you have no investments in stocks, futures, foreign exchange, precious metals, etc.
Still unavoidable!
On the morning of the morning market, Zhang Hongbin and Xiao Yunxian got up in the middle of the night and went to the designated guest house. They met with a middle-aged man and the three of them started talking in the middle-aged man's room.
"Old Qin, no matter how you ask us to persuade you, you are already planning to split up the Xingling Group. Now you ask us to persuade Gao Jin to stop." Zhang Hongbin looked at Qin Chuan in front of him with a look of resentment.
"Lao Zhang, the overall situation is important. The other party is a giant on Wall Street. You know very well how much money those giants control."
"Do you really think Gao Jin will win if he keeps fighting?"
Qin Chuan watched Zhang Hongbin say this with a serious face, hoping to persuade Zhang Hongbin to come forward and talk to Gao Jin, stop for the time being, and stop causing trouble.
"Yeah"
"How did I hear that two Wall Street funds with more than 20 billion US dollars in capital were hit and went bankrupt today?" Xiao Yunxian said calmly from the side.
Since the incident happened, Xiao Yunxian began to use his personal connections to pay attention to the actions of the Xingling Group. Many of these connections were Xiao Yunxian's classmates.
Some people have already immigrated abroad.
There are even some classmates of Xiao Yunxian in some relevant departments. Xiao Yunxian did not rest at all tonight. In the past two days, Xiao Yunxian would not rest until three or four o'clock in the morning.
It is one thing to maintain Qi with Gao Jin, but it is another thing to protect Gao Jin and the Star Spirit Group.
In Zhang Hongbin’s words, we ourselves can be scheming as much as we want, but now is the time to unite with the outside world. We must unconditionally support Xingling Group and Gao Jin!
In this battle, Gao Jin cannot lose, and Xingling Group cannot lose!
"Who did you hear about this?" Qin Chuan frowned and looked at Xiao Yun to ask this question first.
"Don't ask me who I heard it from, Lao Qin, you have to be careful not to be used as a weapon!"
Xiao Yunxian looked at Qin Chuan and said these words with great meaning. Qin Chuan immediately frowned and a thoughtful expression appeared on his face.
It seemed that after taking a look at Xiao Yunxian, he nodded seriously.
Zhang Hongbin looked on without saying anything, knowing in his heart that Xiao Yun must have grasped some information first.
That's fine, it would be better not to offend Qin Chuan. After all, Qin Chuan's identity is different.
Changing the topic, the three of them chatted for a while, and then Zhang Hongbin and Xiao Yun left the guest house first.
Although it was midnight, the two of them did not return to their residence. Instead, they sat down on a stone chair next to the river. Zhang Hongbin took out a cigarette and handed one to Xiao Yunxian.
Xiao Yun first took out a lighter and lit it for Zhang Hongbin, then lit it himself, took a puff and blew out the smoke.
"Why did you just say that two funds went bankrupt?" Zhang Hongbin asked.
"Old Zhang, you know that I graduated from XXX University in Shanghai. Many of my classmates have gone abroad, and some of them are still working in the financial industry abroad."
"Listen to them, it's not easy for Gao Jin to fight against Wall Street giant Dodge this time."
"Today, Gao Jin directly hit the two Dodge funds into bankruptcy. Each of these two funds manages no less than 20 billion US dollars."
"Currently, it seems that Gao Jin has the upper hand."
"This time Lao Qin came to ask us to persuade Gao Jin. It was obviously a trick of the other party. Lao Qin was probably used by others."
Xiao Yunxian told Zhang Hongbin everything he knew. Zhang Hongbin nodded after listening and then understood why Xiao Yunxian did what he did just now.
"We won't go to Gao Jin for this matter without clear orders from our superiors."
“We can’t help you much, and we must not hold you back.”
Zhang Hongbin said this very seriously. Xiao Yun nodded first and then said, "I think so too."
United States, Washington, Sanye Hotel.
Parker and Hall met secretly on the top floor of the hotel. They discussed the current situation and fought for a lifetime. Unexpectedly, they both retreated and started to cooperate.
"Parker, only your wife can take part in this matter. I'm under a lot of pressure."
"I won't hide it from you. They already know about the meeting between you and me today. I received several phone calls on my way to Washington by plane."
"The content is just one point, don't get involved in this matter!"
"There are people from Dodge's side, and there are also people from Gao Jin's side. I never imagined that people would help Gao Jin."
"One of them is still a good friend of mine. I asked him why and what his relationship is with Gao Jin."
"The reply I got was, don't ask so many questions and don't get involved. Things are more complicated than I thought. If I get involved, it won't do me any good."
"My analysis is that even if Gao Jin and Dao Qi want to give up at this moment, the power behind the scenes will never let them give up!"
"This kind of thing must be prevented from happening. My son, you know, he simulated it through the company's supercomputer. No matter who wins or loses, the top ten economies in the world will be hit hard!"
Hall said this with great certainty, and Parker nodded with a serious expression.
"Hall, I'm not going to hide it from you, the pressure I'm under now is no less than you, only more."
"I've also received phone calls, and in the past few days"
After Parker finished talking about the pressure on his side, Hall took a deep breath, looked at Parker with a horrified expression on his face, and stopped talking.
"Are they crazy?"
"What good will it do them to mess with the world economy like this!"
Hall stopped talking after saying these words. Parker knew that Hall was talking about the people behind the scenes. In the eyes of the two of them, they were either Gao Jin or Dodge.
Both of them are puppets, controlled by powerful organizations behind the scenes!
How things will develop if they continue to develop is no longer within the control of Gao Jin and Dodge.