When people have money, they hope to become famous. Although some of the ideas of avoiding taxes are included in the idea of ​​donating money and materials, they also have help to others, and the credit cannot be erased.

Mr. Dario of Bridgewater United recently had a project. At this moment, he asked Ye Dongqing: "By the way, I am going to hold a charitable donation in the near future, which is larger than today's. I hope that the rich can donate part of the funds to study some neurological diseases, mainly Alzheimer's disease and Barkinson's syndrome. My father died of Alzheimer's disease and still has no effective treatment method. I hope you can participate."

This is to ask Ye Dongqing to donate money. For charitable purposes, it is also part of the social responsibility of the rich, so it is not rude.

Ye Dongqing almost hesitated and said readily: "Yes, but I've been a little busy lately and may not be able to be there in person. If I really don't have time, I'll have someone to take my check over. OK? I'm sorry for your father's experience."

"It's okay, I like him more, but I have to admit that he is really a bastard when he is alive."

It is probably because of why he was injured. As an American, Mr. Dario never shys away from this topic.

He was a little curious, but he didn't ask anything. He chatted with Dario and Mr. Seth Karaman. After the time came, he walked on stage together. Old Soros still did not show up. It was not until the host, Mr. James Simmons, finished his opening remarks that he saw the figure of this powerful old man on Wall Street.

Even though he was late, people still had a warm applause. After all, it was Soros. The founder of Quantum Fund had too many legends. As long as someone who was in the financial circle, he would definitely know his name.

Sniping the pound, sniping the lira, sniping the peso, and the Southeast Asian financial crisis in 1997 were behind him. This old man was born to be good at focusing on the national system, identifying whether a country's economic environment and monetary policy from the nuances, and then seize the opportunity to join forces with hot money from various countries to speculate together.

They may not make as much money as Ye Dongqing, but they have a huge influence. After conquering various countries in the financial market in 1997, they have not recovered until now and have a slump.

Of course, these economies had problems before, otherwise they would not have been seized.

In recent years, economists from various countries have thoroughly studied the root causes of those crises and checked for shortcomings and filled in the gaps. Therefore, Soros has no dazzling record in recent years, but is just looking for more opportunities like ordinary investors.

A speculator who is as good as Soros is enough to be considered a peak. Until now, he is still the number one person in the hedge fund industry.

In fact, even if he does nothing, the currencies he targets will depreciate. Old Soros just accelerated the depreciation process. Ye Dongqing admired him very much. At this moment, he stood up from the single sofa and shook hands with a smile and greeted the old man.

...

The seminar itself has not many highlights. It is nothing more than explaining their own ideas, communicating and demonstrating together, and trying to learn something from other people's ideas.

The topic scope is relatively open, and you can say whatever you want. Whether you listen or not is someone else's business. Mr. Seth Karaman is holding a microphone to explain to people the positive and negative impacts brought by economic globalization. From this era, for American and American businessmen, the overall positive impact is greater than the negative impact. The US dollar is moving globally with globalization. Even if it is conservatively estimated, this dominant position will not be shaken in the next thirty years.

Ye Dongqing listened seriously, feeling like he was listening in class. He is now engaged in cross-border business. It is not difficult to understand and his evaluation is quite pertinent and objective. For fund managers, it is necessary to learn global trade and policy trends, and many business opportunities are hidden in it.

More than twenty minutes later, Mr. Soros, the old man talked about the global economic trend since the new century, and showed a strong recovery momentum overall. Some developing countries were also mentioned by him, thinking that they had great development potential.

The general judgment was not wrong, but the mistake was that he felt that compared with China, India and Brazil had more potential in the future. As for the reason, it was the same old-fashioned style, policy situation, etc. Ye Dongqing did not refute it. When he heard the host ask, he just said that he was more optimistic about China.

Old Soros just thought that he invested a lot in China, and smiled happily after hearing this, without any intention of bullying the younger generation. In fact, he appreciated Ye Dongqing's courage and extraordinary vision. The top financial circle in the United States is so big, and they can always hear some of the turbulent things.

Finally it was Ye Dongqing's turn to speak. He didn't plan to be Lu Ye today. When he picked up the microphone, a line of titles appeared on the screen behind him - "Is the credit rating agency really worthy of people's full belief?".

As soon as the line was released, someone began to whisper, and even Mr. Dario from Bridgewater United Fund was a little surprised.

Credit rating agencies, as an extremely important service intermediary in the financial market, are composed of specialized economic, legal and financial experts and rating the credit of securities issuers and securities. Over the years, they have been deeply rooted in the hearts of the people. Before people buy and sell various securities, stocks, and foreign exchange, they will first conduct surveys through these credit rating agencies.

People can't figure out what went wrong. Judging from the meaning of this title, Ye Dongqing obviously wants to find fault. This is not a trivial matter. If you accidentally cause a small earthquake in the financial market, especially on Wall Street, ratings are one of the cornerstones of the transaction credit system.

I only heard Ye Dongqing say: "I admit that those credit ratings and valuation institutions can help us a lot, but who has ever thought about what harm will it cause to our economic system if credit rating institutions are no longer fair and objective? This will be a fatal impact.

As far as I know, the proportion of AAA credit ratings in the newly listed Do category in the past two years is as high as 85%. Fitch has more than 65% of its intermediate ratings Do (guaranteed debt certificate) products obtained AAA credit ratings. However, the actual performance of subprime mortgage bonds in the financial market does not match the overall credit ratings they announced. It can be said that the fact is just the opposite. The market default rate of subprime mortgage bonds reached 8.6% in the fourth quarter of last year, and has risen again this year. They seem to be defaulting to excessive ratings. I think the reputation mechanism is invalid. These rating agencies are currently more concerned about charging issuers, causing policy monopoly, rather than continuing to be as objective as before.
Chapter completed!