“Short sale the subprime market
completely and push the subprime
mortgage crisis to its peak. Today, the
four major investment banks will have to
lose something, which will serve as burial
offerings for the losses Somerland has
suffered.”
Jasper’s words destined that today would g
o down in the annals of history.
As soon as the United States financial
market opened, the market was turbulent,
even before JW Foundation could make a
move.
It was the age of information and news
could be delivered extremely fast. An
event in the northern hemisphere could b
e transmitted to the southern hemisphere
in an instant, much less the tragic
incident of Somerland’s stock and futures
markets being sniped by Wall Street
capital in the United States.
Therefore, the United States financial
market had long been psychologically
prepared to face the insane revenge
carried out JW Foundation. Even so, they did not expect the
determination and strength of JW
Foundation to be so great.
Five minutes after the opening, the
already crippled subprime market was
once again shorted by JW Foundation.
The sky-high empty orders filled the
subprime market with the smell of blood.
Falls, falls, and falls!
Everything was falling!
As long as it was a traded product, it was
falling.
Financial products shrunk dramatically,
and their market values were depreciating
with every passing minute and second.
Under such high pressure, a magical
scene appeared.
There were only sell orders in the
subprime market.
“Today JW Foundation will inevitably
launch bloody revenge. At this time, no
idiot will enter the market to take them on.”.
The president of Morgan Bank frowned
and said.
“But if this continues, the entire market
will crash,” the assistant said cautiously.
“Let it crash then. This is what we
expected anyway, and they have chosen a
bank as the sacrifice to calm Jasper’s
anger, isn’t it?”
The president of Morgan Bank had a half
smile on his face. It was a rather weird
expression.
He looked as if he was basking in
schadenfreude, but at the same time, he
looked as if he was having mixed feelings.
“I didn’t think there would come a day
where we would need to quell the enemy’s
anger with a sacrificial lamb.”
The first to bear the brunt of the collapse o
f the subprime market was Layman
Investment Bank, which had accumulated
a large number of assets in the subprime
market and could not escape because of
the lock-up.
Today, Layman Investment Bank
remained the same, but the people inside changed.
Dugg was no longer sitting in the
chairman’s office, but instead, it was Half
-the-Harbor Langdon.
At this moment, Half-the-Harbor
Langdon had a gloomy expression on his
face as he listened to Kayden’s report.
“Dad, if the market continues like this,
Layman’s net asset value will keep
dropping, and on the contrary, our debt
will grow higher and higher.
“I have read the financial reports of
investment banks. The entire investment
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