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Chapter 298 CDS Protocol Magic

(Bow to thank "Xi Jie 808" for its three monthly tickets!)

There is a new huge financial market on the first floor of Carlandon, where more than ten billion baht were traded in an hour.

Jula is an editor-in-chief of the Thai World Financial News. He suddenly received a call from an informant from his channel in the afternoon. The news surprised him very much. He couldn't believe the news at all. He even thought that this was a story made up by his informant after he got drunk and cheated him. It's not that he had experienced such a thing. Many people are extremely short of money or excited, and you don't know what he will do.

So he put down the phone and threw this matter away from thinking about it. Instead, he focused on studying what impact the speech of the Minister of Finance in the morning would have on Thailand's future economic situation.

But then several other informants and even a distant relative who had almost never contacted him called him one after another and told him that the news about the first floor trading market of Carranton was also heard, which attracted attention.

Isn't Carranton that financial building? Is there something I don't know about?

Just as Jura was confused, the door of his office was suddenly knocked open, and a young man hurried in and said, "Editor-in-Chief, let's go to the Carranton Building, there is big news there, don't tell me you don't know."

This made Zhu La feel embarrassed. He waved his hand indifferently and said, "That's just a rumor. The Carranton Building is just an office building. Even if the financial institutions inside are concentrated, what can he do? He will never be an exchange after all. At most, it is an insurance company that is engaged in any event, and deliberately releases such news as a gimmick."

The young assistant said hurriedly: "The editor-in-chief is not like this. There are really a lot of transactions there..."

Zhula interrupted him very seriously: "Lawa, you should know that the World Financial News is Thailand's leading newspaper, and it reports on things that have a great impact on Thailand's economic situation. It is not that any insurance company launches any activity and we have to join in the fun. This will make us look very unstable. Only the report of the Finance Minister is what we should report and comment on. Do you know?"

"I'm sorry, editor-in-chief, but you'd better go and have a look," said the young assistant Lava at last.

Jura frowned at this pretentiously for a long time before finally reluctantly agreeing: "Then I'll go with you and have a look. I can promise you that you will be disappointed when you go."

Then Jura and Rava set out, but they were both slow and the other was very strange.

"Lawa isn't it that I said to you. You have been a newspaper reporter for so long. You have been by my side. Don't you understand what news is important and what is not important? Especially our World Financial News is a very well-known media. You have seen many financial news, big and small, and you have even experienced the press conference of the Ministry of Finance. Why are you still so irritable? You are so ignorant!"

Along the way, Jura kept criticizing his young assistant: "Just like this deal on the first floor of Carranton, I can put my words here. He must be just a common bad activity. It is definitely a waste of time to report and interview!"

Soon their car arrived at the Carranton Building, but it was only nearby because the roads around the Carranton Building were traffic jams.

What's going on?

Jura and Rava were both stunned because as a landmark building, the Carranton Building was paid attention to reserve the surrounding traffic roads when it was built. Even if there were too many ordinary cars, it would not easily get stuck in traffic. But what is the situation now?

In other words, are the vehicles here now exceeding the limit? What happened inside?

"Editor-in-chief, you saw it. I didn't lie to you. Something big happened here!" Lava said excitedly.

Jura frowned and glared at him fiercely: "Be quiet, how noisy it looks like! This is just an insurance company's usual method, it's a mystery!"

Then they parked the car outside, and the two of them ran to the building.

Originally, Jura thought she would know what was going on here, but when they really reached the door, they still couldn't get in because the security guard of the building stopped them. They even used a horn to tell them that there were very important transactions inside and that idle people could not wait to enter.

"It seems that we are late! We are not allowed to enter here." Rava said a little depressedly.

But Jura looked at him with a contempt and said, "You are still young, I will teach you a trick now, and learn to use your identity flexibly."

"Brother, I am the editor-in-chief of the World Financial News. We are here to interview, so we can go in!"

Zhula shouted and showed off her identity directly. This was his method of trying all kinds of things. In his opinion, this was just a mystery about an insurance company doing activities. If he came to interview him, wouldn’t they try their best to provide them and nodded and invited him in?

However, the security guard rolled his eyes: "I care what newspaper you are. I said that important transactions are being carried out. I can't wait to enter. If you make trouble here, be careful. I'm not polite to you!"

As he said that, the security guard showed his rubber stick as a threat, which made Jura so angry that she vomited blood. How could this be different from what she expected? Fortunately, she still made such a promise to Rava that she couldn't get out of Taiwan.

"It seems that this security guard doesn't read the newspaper much, so he doesn't know us." Jura could only explain so embarrassingly.

However, if he was stopped outside like this, Jura could not afford to lose this person. Fortunately, he later learned that it was very easy to get in, just pay a certain fee and make a transaction inside.

Zhula immediately stated that she went in to do the transaction and only passed it proudly after paying the deposit.

"Wow! Editor-in-chief, I didn't expect that this place was so strict and I had to pay a deposit. It seems that this must be a large-scale trading activity, and we did not make any mistakes." Rava said excitedly.

But Jura didn't think so. He was very ashamed of his performance just now and said angrily: "This must be a shameful scam. When I come in, I will expose their tricks. I even charged so much deposit for us. I will not let these guys go!"

While they were talking, they walked into the building hall and under the guidance of the front desk, they came to the door of a large room.

"This is a warehouse, why did you come here?" Rava was puzzled.

"This further shows that there is something wrong with this event. We are here to expose this event!" Jura said.

They then pushed open the warehouse door, and suddenly a burst of sultry and noisy hits out like a shock wave. They caught them off guard and took two steps back as if they were pushed.

Then they saw clearly what was happening inside. There were a few hundred people in the huge warehouse, and three or five of them gathered together and were talking loudly.

Lava heard something carefully: "It seems that the transaction here is very popular! It's just the DS agreement? What is this?"

"Obviously this is the core of their scam!" said Jura.

At this time, someone found Zhula and Rava at the door. He hurriedly walked up with the documents: "Hey guys, are you new here? Then you are lucky. I have the latest DS agreement here, which is definitely the cheapest here. You can make a profit if you buy it!"

Jula looked disdainful of this, and he whispered to Rava: "Look, this is the most common trick of scams. This so-called DS agreement is actually a fictitious thing. We buy it and lose money. Now so many people here are obviously cheated. Therefore, as media people with conscience, we must expose this illegal and criminal act and rescue these lost lambs. Just look at how I did it."

The young assistant Rava nodded heavily. He believed in his editor-in-chief. He was the editor-in-chief of Thailand's largest financial newspaper. He has been in the industry for 30 years and has never seen any financial means. You should know that just one year after he joined the company, he followed Zhula to conduct an undercover investigation. It was precisely because of their exposure that he had captured all the criminal dens and saved more people from losses.

So now that he says this is a financial scam, he must be, then he just needs to watch his performance.

The man walked over excitedly. Obviously he didn't know his identities and the editor-in-chief, and thought he could deceive him. It was so naive!

"Friend, do you know the DS agreement? This is a risk transfer agreement. Simply put, it is a policy for other people's projects. If there is a problem with the other party's investment project, the person holding the policy will pay the compensation on his behalf. This is risk transfer."

"I know you will be worried about compensation, and anyone will be worried, but listen to me that this DS agreement contains an introduction to investment projects. It is a series of listed company bonds and mortgage loans, which are the lowest investment risks. You can think about which listed company will not be able to pay the debt, and who will risk homelessness to default on mortgage loans? So you can invest with confidence!"

"Of course, if you don't want to wait a few years to collect premiums for these DS agreements, or if you want to minimize the risk, you can also sell it now, right here, so there is no risk."

"Did you see the man wearing glasses over there? He just bought a DS agreement from me. Look, he made 10,000 baht after reselling it. There is nothing easier to make money than this. Do you want to think about it?"

Lava stood up and said, "Don't say anything, we won't buy..."

Before Rava finished speaking, she was interrupted by Jura. Jura's face turned red and said, "I want the DS agreement, please sell it to me, I want to invest in this!"
Chapter completed!
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