Su Yue entered this famous Western restaurant on Wall Street and came to the designated room.

In addition to a beautiful American woman, there was also a man who looked in his forties or fifties last year, and Mr. Zhou Minghua, who had met him in London for a long time.

"Mr. Su..."

Seeing Su Yue coming in, Zhou Minghua stood up and greeted him, and introduced Su Yue to Walker and Roy next to him: "The two leaders, this is in London, which kicked off the 'sub-prime mortgage crisis', and caused all Wall Street capitals to suffer heavy losses."

"I admire Mr. Su's name for a long time." Walker carefully looked at Su Yue who arrived, "I just didn't expect Mr. Su to be so young."

What he said was a bit awkward Chinese, which surprised Su Yue slightly.

"Mr. Su, welcome your arrival." Roy stood up and shook hands with Su Yue. "Our cooperation in London is very pleasant. I hope we will have better cooperation in the future."

Su Yue ignored it and held Roy's hand with a smile: "I really didn't expect Miss Roy to be so beautiful."

"It's not easy to get a compliment from Mr. Su." Roy smiled and asked Su Yue to sit down and continued, "If the news of Mr. Su coming to Wall Street is known by the Wall Street Journal and the Financial Times, it may cause a lot of turmoil in the financial market. Many people... are very concerned about you."

"They are not paying attention to me, but their money bags." Su Yue replied with a smile.

When the three of them heard Su Yue's words, they all laughed. Then Walker asked: "Mr. Su traveled thousands of miles and went to Wall Street to invest. He should have a relatively large investment plan and goal, right?"

"For our Bentayga Capital Group, the establishment of the Wall Street branch is very important. It is the world economy and financial center. I hope my company can gain a foothold here, so I will supervise it." Su Yue said, "As for the larger investment plans and goals Mr. Walker mentioned, every investment made by our company is very serious, and the targets involved are not small. The larger investment plans and goals are formulated and occurring at all times within the group."

"Mr. Su speaks so well," Walker laughed.

Su Yue smiled and said, "I am a very honest person. What I say is the truth. Mr. Walker is unwilling to believe it, and I have no choice."

"I'm very willing to believe it, but unfortunately..."

Walker changed his tone and said, "You are making a lot of noise in the stock market today, and... Patrick, it should be Mr. Su, you are from your Bentayga Capital Group? He sold subprime loan conversion bonds issued by Freddie Mae, Fannie Mae, Lehman Brothers, etc. among various investment banks on Wall Street, and at the same time, he bought CDS transaction contracts in large quantities and bet with various investment banks."

"Mr. Patrick, when he took action, the contract value of the transaction was above 100 million US dollars."

"As such a large-scale offline investment, Mr. Su must have agreed, right?"

Su Yue's face remained unchanged and looked at Walker with a smile: "Mr. Walker is very informed. You are right. Mr. Patrick is indeed an employee of our Bentayga Capital Group, but why can't it be Mr. Patrick's own investment decision regarding short selling of subprime loan conversion bonds and buying CDS transaction contracts? He is the general manager of our group's South Africa branch. After the group's goal has been transferred to Wall Street, he has this funding authority."

"It's incredible that the general manager of a branch can reach this level of investment freedom."

Walker didn't believe Su Yue's words at all, so he sighed.

"Mr. Su, according to our observation, today, in addition to offline investment between banks, you shorted subprime loans to convert bonds and undertook a large number of CDS trading agreements, in the stock market and online bond futures main contract market, you also have a large amount of funds to follow up." Roy responded, "The 715 bond futures main contract suddenly surged tens of thousands of short orders. Mr. Su, let alone this has nothing to do with you."

"I have observed the short selling of this fund, and my operational method when you were in London, Mr. Su."

"It's exactly the same."

"Actually... we invited Mr. Su here today, not to expose Mr. Su's layout in the financial market, we just want to know the reason why Mr. Su shorted the market."

"At present, there are countless investors who are bearish and bullish in the market."

"After the Fed's two consecutive special interest rate cuts, it has released sufficient liquidity. In addition, further risk control of subprime loan business, the current market view generally believes that the 'subprime mortgage crisis' has been locked in the financial field and there is no possibility of further expansion."

"Although companies that are currently involved in subprime loan business are not in good condition."

"But if the 'sub-prime risk' is controllable, then this is the position of bottoming out and reversing. It is not only not a good opportunity to short, but also an excellent entry opportunity to go long."

"From the past market history, the market has fallen a lot in the past six months under the influence of the ‘subprime mortgage crisis’."

“It released a lot of risks.”

"The collapse of North Rock Bank in the UK has opened the 'sub-prime mortgage crisis'. Our country, Bear Stearns, one of the five major Wall Street investment banks, also came to an end under the 'sub-prime mortgage storm'. With the help of the Federal Reserve, it was acquired by Morgan, resolving the possibility of Bear Stearns subprime loan business spreading to the entire financial system and entities."

"Now Britain and now London have come out of the shadow of the collapse of the North Rock Bank."

"It started with Beiyan Bank and ended with Bear Stearns. There is a possibility that the impact of the 'sub-prime crisis' on the entire global financial system will end there."

"Mr. Su continues to short on a large scale when the market has already hit a huge decline."

"We have a lot of doubts about such an investment strategy."

Su Yue looked at Roy with a smile and said, "Miss Roy's analysis is correct. The current subprime loan market is indeed undergoing the strictest control, but what has happened cannot be changed."

"The Fed's actions have a huge lag in the market's regulatory role."

"For companies that are deeply involved in subprime loan business, their crisis has also had a huge lag with the market."

"The entire U.S. financial market, businesses and leveraged funds derived from subprime loans and housing mortgages, are quite huge."

"The Fed has grabbed the risk from the root."

“However, for these derivatives and leveraged funds, there is no time to be processed.”

"What's more, in times of crisis, squeezing the subprime loan market and the housing mortgage market will only further lose liquidity between these two markets."

"It will cause more and more people and investment institutions to escape from these two market businesses."

"The risk-away distance between institutions and investors will further lead to a drop in housing prices and the operation of enterprises involved in subprime loans will become increasingly difficult."

"And the business situation in both markets further deteriorated."

"It will naturally be transmitted to derivative businesses and leveraged funds, causing this part of derivative businesses and leveraged funds to fall into huge losses, thus dragging down other traditional businesses."

"By relying on simple interest rate cuts and market control, I want to solve the 'sub-prime mortgage crisis' that is already too big in the United States."

"I don't think so realistic."

"In fact, at this time, no matter what means, it is impossible to suppress the further deepening and outbreak of the 'sub-prime mortgage crisis'. The collapse of investment banking giant Bear Stearns may not be the end, but the beginning."

"It's true... that's terrible." Zhou Minghua's face was solemn, and he continued, "If a financial institution goes bankrupt on a large scale, an extremely serious credit crisis will occur."

"Once a credit crisis occurs, the value system of the entire financial market will change."

"It would be a hurricane-like financial crisis, and even if the global depression in 1929 is reappearing, it is not impossible!"

Su Yue nodded and said, "Everyone is consuming the dividends of rising housing prices under economic development, which has pushed the leverage too much. Various leverage businesses derived from subprime loans and mortgage loans are emerging one after another. The trick of asset securitization has become a deadly poison to the economy in unlimited expansion."

"When housing prices fall rapidly, the default rate of subprime loans continues to rise overall."

"Under the huge leverage business, the lead of the comprehensive financial crisis has been ignited. The government and financial regulators cannot extinguish the perseverance in the 1929 Great Depression."

"At present, governments and financial regulators have obviously underestimated the risks, and this lead has also reached its end."

"The crisis transmission and huge leverage business have also come to a time when it is completely detonated."

"According to Mr. Su, this crisis can only break out and cannot be alleviated?" Walker thought for a while and asked.

Su Yue replied with a smile: "Unless this part of the huge leverage business risks are fully transferred to the government through the government's real money support, but this method... Once the government fails to support it, the entire national political system will fall into storm."

"I think neither government agencies nor the central bank can afford this consequence."

"Of course I wouldn't choose to do this."

"At present, the debt situation of the four major investment banks on Wall Street, Morgan and Qualcomm, is relatively in a reasonable range. What is Merrill Lynch and Lehman Brothers, how much debt they are, and how much they are involved in mortgage loans and their derivatives business? I think Mr. Walker and Miss Roy should have a clear idea in their minds."

"There are still such giants, other small and medium-sized financial institutions, investment banks and investment companies across the United States."

"What's the tragic situation on the debt statement?"

"The New York Bank under your group's control has also participated in CDO and CDS transactions, right? The subprime loan business, housing mortgage business, and the mortgage loan conversion securities involved are also relatively in-depth? If credit risk occurs, there will be problems with this part of the business."

"How much incremental funds do your bank need to rescue?"

"If we do not rescue, will this part of the business suffer a comprehensive loss and impairment, and will it drag down other businesses of the entire business system?"

"There are countless financial institutions involved in these businesses in the United States that have exceeded New York Bank's. With problems with subprime loans and mortgages, housing prices are still plummeting, and expectations will not improve in the future. What should we use to save these leveraged businesses that are already at risk?"

"Mr. Su's analysis is really incisive." Zhou Minghua sorted out the path and logic of the risk promotion, and was shocked and couldn't help but praise.

Roy was silent for a while and said: "Although Mr. Su is in China, his understanding of my country's financial market is really admirable. Indeed... Think about it carefully, it seems too naive to talk about the crisis that the market bottomed out and reversed after the root cause, that is, the recession, impairment, and the crazy withdrawal of capital without effectively alleviating the crisis.'

"Mr. Su's words today have solved many doubts in my heart." Walker said, "I am now beginning to agree with Mr. Su's investment strategy in short-selling the market. We have had a good foundation in cooperation before. Why not... Everyone open their hearts and continue to cooperate?"

"Yes!" Su Yue said, "but I have a condition."

"What are the conditions?" Walker asked.

Su Yue replied with a smile: "That is the 20% profit you invested and earned, which belongs to our Bentayga Capital Group."

"Well……"

Walker didn't expect Su Yue to dare to speak so clearly. He was stunned for a moment before he came to his senses and said, "Mr. Su, you want too much. Since we already know your motivation to participate in the market short selling, we even know some of the targets you are involved in. Even if we don't cooperate, we have the opportunity to follow the stakes."

"I want to cooperate with Mr. Su, just want to strengthen exchanges between the two sides and be able to work together at critical moments."

"You ask for 20% of the profit if you speak. It's really... I can't let me agree to your terms and continue the cooperation negotiations!"

Su Yue smiled and said, "I don't want much."

"You can indeed follow the storm, but you still have no idea about the fluctuations and changes in the market at critical moments, as well as our changes in investment targets."

"I want 20% of the profit. If you work with us, you can earn far more than the 20% I want."

"Besides, what I want is profit, not your investment principal. If you fail to make money in the market, then our cooperation will naturally be free."

"I feel hesitant and change my macro investment strategy just by listening to me."

"I think it's unrealistic to just want to make huge profits in the market."

"The market trends are ever-changing, not static. We can enter the market today and also appear tomorrow. You can monitor me once, not my second time."

"Mr. Walker takes the initiative to seek cooperation from me, so he needs to be sincere enough."

Su Yue continued with a smile: "I can come today because of the good cooperation between our two companies last time. If Mr. Walker thinks that my asking price is too high, he can stop the topic of cooperation. In the future, in the financial trading market, both opponents and allies, they all rely on their abilities."

Last time, in London, I promised to cooperate fully with New York Merron without any benefits.

That was because he needed to build momentum at that time to trigger the Beiyan Bank crisis. Moreover, the size of "Bentayga Capital" was still small at that time and the funds were not enough to leverage the market, so he needed the help of New York Bank Milong.

But now, there is no need to consider these things at all, so naturally I will not let New York Mirto take advantage.
Chapter completed!