The big screen flashed and the image. projected flickered. Soon, the real-time data of the market reappeared on the screen.
At this moment, the subprime market was experiencing great turbulence.
The 50 billion US Dollars that JW Foundation had used to short-sell made the subprime market appear like a cripple with a broken leg as it staggered down the cliff.
Then, the funds from Harbor City followed closely behind and kicked the back of this crippled man mercilessly, making the subprime market seem like it was on the brink of collapse.
Furthermore, the settlement time for the transaction arrived right at the most critical moment, just before the subprime market was about to fall off the cliff.
Within 30 minutes, all transactions would no longer be accepted by the system, and the system would start the settlement procedures for the previous transaction period.
These 30 minutes had given the subprime market a precious respite.
In addition to that, it only took 30
minutes for the world’s top capital like
Wall Street to react.
Hence, as soon as trading resumed, Quantum Fund swapped targets and poured everything directly into the subprime market.
Following Quantum Fund was an equally
large amount of funds.
And this was capital from Layman Investment Bank.
“In the past three years, we have earned more than 60 billion US Dollars from the subprime market!”
In the office of the chairman of Layman Investment Bank, Dugg, the chairman looked at the executives in front of him with cold and fierce eyes. He slammed his hand down on the table and roared, “Until now, Layman Investment Bank has 180 billion US Dollars in the subprime market, while the drop moments ago cost us more than 20 billion US Dollars.
“In any case, we can’t let Jasper get away with this!
“Otherwise, we will be the first to die on Wall Street. I will immediately meet with all shareholders and ask to mobilize funds with total authority in order to rescue the market. We can’t control others, but we must act now. Once the subprime market collapses, we will be the first ones to serve as burial offerings!”
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