As Brooke Investment Company's latest trading order was hung out, the entire Patton Tavern immediately boiled like boiled water. Everyone looked at the news on the LED display in shock and exclaimed loudly. The center of their discussion was undoubtedly this trading order.

"My God, if I remember correctly today is not April Fool's Day. A ten-million cds contract is only sold for four million dollars. Is this Brooke MP crazy today?"

"This is definitely the most cost-effective deal today. If I can buy a CDS contract for four million now and sell it for five million, I can make a net profit of one million dollars. Even if I don't have five million, I can make a $500,000 dollar if I can sell for four million and a half million. This is definitely a sure-making transaction, but unfortunately I don't have that much money, and the transaction of this CDS contract cannot be broken down."

"This is a huge loss. I must notify the company. If I can win this deal, I believe my bonus this month will be enough. I will take my wife to Hawaii..."

Listening to the discussions between the people in the tavern, Zhou Ming asked Brooke with a smile: "How do you feel?"

Brooke curled his lips disdainfully and said, "It's just some greedy idiots. The cheap price will make them tempted. But compared to this, I'm wondering what if they really buy the CDS contract you posted? You will have to bear more than 10 million US dollars in losses."

"It's not me, but us, my MP Brooke." Zhou Ming reminded Brooke, "But only ten million dollars is nothing. Wouldn't it be enough for us to take out a CDS contract worth 100 million to place an order? But unfortunately, I don't think that the people here will give me a chance to lose 20 million dollars, and maybe I don't have the chance to lose even ten million dollars."

Faced with Zhou Ming's words, Brooke did not refute because he also agreed. Although the whole tavern is now discussing the CDS contract that was sold at a low price, no one really went to the bar to propose a transaction.

The reason is very simple. People who are staring at the profits of 500,000 and 1 million cannot get enough transaction funds in their pockets. Those who can get the transaction funds will not only consider the profits of 500,000 and 1 million. They will also think about why Brooke Investment Company is willing to sell these CDS contracts at such a low price. Is it really short of money and want to rush to discount? Or is there any other reason?

You should know that Brooke Investment Company is a company that has experienced bankruptcy storm, and the investment to save him was Wharton Insurance Company, which emerged after the withdrawal of the Federal Reserve Brighton Bank and several major banks. Perhaps there will be some special insider information about this company.

If this is the case, it would be bad. After all, even investment companies like Brooke will go bankrupt, and other companies will be even less secure in this subprime mortgage crisis.

The CDS contract only has a high transaction value when the insured company can continue to pay premiums and the insurance risk is very low. On the contrary, if the insured company has the risk of bankruptcy and cannot continue to pay premiums, or the insurance risk gradually increases under the influence of the subprime mortgage crisis, and it is expected to greatly exceed the CDS contract, then at this time, these CDS contracts will undoubtedly become a piece of waste paper.

If there is such a risk, it would be better to deal with all the CDS contracts you have before the risk breaks out. Even if you lose 500,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,0

It is precisely for this reason that both conservative investors and radical speculators choose to act cautiously.

It was also because of this idea that those "big guys" began to look for Brooke in the tavern. After all, Brue, a senior senator, began to look for Brooke.

(This chapter is not finished, please turn the page) He is a celebrity at all sizes, so in just a few minutes someone came to talk to Brooke.

"Oh, my dear MP Brooke, I guessed you must have been here too when I saw that news. I can't help but say that you always surprise me."

A man wearing a dark red evening dress came over with a wine glass and said to Brooke that Zhou Ming still had an impression of Brooke's introduction just now, knowing that he was Jammier, chairman of Caribbean Investment Company.

Maybe it's because things are too important, or maybe it's because Jammel is born with a direct personality, or the relationship between them. In short, after saying hello to Brooke, he sat on the sofa next to Brooke and asked in a low voice: "My old guy, can you tell me why you want to sell your CDS contract at such a low price? Do you know that your current acceptable transaction price will cost you more than two million dollars, and I don't think this is a happy thing."

Faced with Jamair’s question, Brooke shrugged and said, “Mr. Jamair, I think you asked the wrong person for this question because it was not my decision.”

Brooke's answer immediately made Jammier realize something. He then turned to Zhou Ming and said, "This noble Chinese gentleman, let me guess that you must be the one who can make such a decision, right?"

Zhou Ming nodded with a smile, but Zhou Ming did not tell Jamal anything. He just greeted Jamal politely first, and then asked him back after introducing himself: "Don't ask me, I know what you are asking, but I'm very curious. If I really give you the answer you want, will you really believe me?"

Zhou Ming's rhetoric made Jamair stunned at that time. Zhou Ming then said to him: "Many times, instead of giving you an answer, is there any potential problems with this CDS contract, it is better to think about what you want to come by yourself."

Jamal stood up thoughtfully and wanted to leave, but at this moment, a warm cheer suddenly came from the bar counter. Then the foreman of the tavern came over quickly and told Zhou Ming that someone had already submitted a transaction application.

This shocked Jammel. He wanted to stay and see how Zhou Ming would react next, but he understood that this approach was impolite, so he slowly left. Finally, he heard that Zhou Ming was very happy to ask the foreman to add another ten million US dollars in CDS contract sales orders, and the price had been reduced to 3.95 million US dollars again.

"Mr. Brooke, I think you and Mr. Jammel have some friendship, right? So in your impression, is he a decisive person?" Zhou Ming asked as he looked at Jammel's back as he left.

"Jameer and I have always had a relationship. Although there has never been a real friendship between politicians, at least I know this person." Brooke nodded and replied, "He has a very decisive personality. As long as he thinks there is a risk, he can give up immediately without hesitation. In the stock market crash three years ago, he felt the problem of the stock market, so he withdraws investment from the stock market in advance. At that time, it was only September, and the stock market crash was about October 19th."

"I'll feel at ease in this way. I believe that with a Jammel, more people will believe it later." Zhou Ming said.

Zhou Ming's approach just now was intentional, with the purpose of making Jamaire worried about the subprime mortgage crisis. Only in this way would he sell the CDS contracts together. As long as Jamaire starts selling along, in the current subprime mortgage crisis, it is easy to cause the entire market to worry about the CDS contracts, and then a large-scale selling wave broke out. As for Zhou Ming, he wanted this effect.

As Jamair returned, other "big guys" who were originally preparing to come also sat back in their seats. They stared at Jamair and waited for his movements.

Everything was as Brooke introduced. After returning to his seat, Jammel immediately called the waiter and passed by.

(This chapter is not finished, please turn the page) Five minutes later, a new sales information appeared on the LED display on the bar: ten CDS contracts worth ten million were sold, with a sale price of US$3.99 million.

The news was like throwing a red-hot iron ball in a pot of hot water, and it immediately boiled again.

"Oh my God! Why is this happening? Is it really hopeless to say that Brooke Investment Company is really hopeless? Otherwise, why would he accept losses again and again? This is too puzzling! Fortunately, my head did not agree to a four million dollar deal, otherwise I would have missed it!"

Countless people exclaimed at the LED display screen. Zhou Ming also breathed a sigh of relief when he saw the numbers on it. Although there was no trader information on it, as long as he saw what Jamair had just done, he could tell who did it.

All are 10 million US dollars. This does not mean that the price of all CDS contracts is exactly so much, but the CDS contracts traded this time are more than 10 million. In order to distinguish customers, market brokers and taverns can bundle the contracts into several different levels so that they can directly provide corresponding services when they see the price.

Perhaps it seems that the 3.99 million US dollar figure is only 10,000 US dollars less than Zhou Ming’s four million, but the problem is that he has led to a downward trend, which is what Zhou Ming wants.

Turning his head to look at the "big people" around him who were frowning. Zhou Ming knew that they were still hesitating, and Zhou Ming also knew how long they could not hesitate.

Then five minutes later, the bar LED display changed again: Brooke Investment Company sold twenty CDS contracts worth ten million for $3.95 million.

The news surprised everyone again. Zhou Ming looked at Jamair. It seemed that Jamair didn't expect his news to be sent so quickly, so he anxiously found the waiter and immediately modified his selling price to US$3.94 million.

Faced with the three jumps in ten minutes, the entire Barton Bar was in an uproar. You should know that this is not a real exchange. The numbers on the LED display are not updated in real time, but are really quoted one by one. Therefore, although the private transaction prices are not uniform, the public prices of LEDs are generally very uniform, and there will often be no change for several hours. But now it is so frequent that even the slow reaction of people will feel something is wrong.

As for those ‘big guys’ who have special seats, if they had just doubted it before, then they have now completely confirmed their guesses.

So they all waved and called their respective waiters, and a few minutes later, a lot of new news suddenly appeared on the LED display: the price of 10 million cds contract is $3.93 million... the price of 3.92 million cds contract is $3.92 million... the price of 3.9 million cds contract is $3.9 million... the price of 3.9 million cds contract is $... the price of 3.9 million cds contract is $... the price of 3.9 million cds contract is $... the price of 3.9 million cds contract is $... the price of 3.9 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cds contract is $... the price of 3.93 million cd

The price numbers on the LED display are falling little by little, which makes everyone stunned, because they have seen the waiters who have a lot of funds just now. So now...

“The cds market collapses!”

I don’t know who suddenly shouted this sentence, and then this sentence was like the last straw that crushed the camel, making the entire Patton Tavern go crazy immediately. Everyone picked up their phones or used the phone in the tavern to call back their company. Although their accents and words were different, they all had one meaning: "The CDS market has collapsed, and you must sell all CDS contracts!"

In the crazy tavern, when everyone was desperately trying to sell their CDS contracts and the price was falling all the way, no one noticed that the sale price of Brooke Investment Company was only at the price of $3.95 million.
Chapter completed!