Chapter 191 Abel "colluded" with the White House
".Correct."
Kinna gently answered Abel.
It has been nearly twenty years since she came to the United States.
During the first twenty-five years of life.
She serves this kingdom.
Some things happened later, and she was considered a traitor and wanted internally. She had to flee, crossing Eastern Europe, Western Europe and finally reaching the United States.
When she arrived in the United States, all she had were her spy skills and beauty.
At that time, she could only obtain survival equipment by selling her shade.
But because I don't have an identity, or identity is more sensitive at first.
Even if she makes money selling meat, she can only sell it at a low price. There are too many products sold in this place, and his body is also disabled.
Fortunately, at that time, this mighty country had already collapsed.
The identity that had troubled her for so many years finally didn't bother her so much anymore.
She has a relatively normal life.
After that, she gradually took her family away from her homeland. She also got married a few years ago and has a child.
Last year, he was approached by the Rock's security staff.
She was recruited by Rock Security and only then did she come to Anne's side.
If it weren't for Abel's words, Jin Na would have almost forgotten the name of her hometown.
Abel didn't know that Jinna had so many emotions in her heart right now. I just think Jin Na did a great job with Annie.
Now he is free again.
I just want to say a few words of encouragement, just to win people's hearts.
The content of Abel's work is mainly self-service.
At the same time, those were the bodyguards and servants who were very close to him. His attitude is always good.
He considered these people's benefits, salaries, and even the treatment of their family members.
He does not want to be on guard day and night, and it is difficult to guard against thieves.
After all, in some ways, the bodyguards and servants around him are the ones most likely to cause him physical harm.
With these people. He also benefits from monetary incentives and social protection.
He always tries his best to appear cheerful and friendly and treats them with a friendly attitude.
When I'm free and in the mood, I sometimes win in relationships.
This is also the reason why Edward has such confidence.
The first two were villagers and the second Edward's farm was very close to Smith's farm, even a neighboring farm. Third, Abel plans to let Smith Farm buy Edward's family farm.
The price was high and Edward's father agreed.
Edward's family will also start working for Abel in the future.
Just like now, Jin Na next to Annie also belongs to the people around her in this period.
Abel is in a good mood today, Anne is still stupidly watching TV. He just wanted to chat with Jin Na to promote the relationship between the two sides.
To use game terms, he wants to strengthen Jin Na's "loyalty."
"Kaksa Republic, that must be a good place." » Abel said smiling.
How does he know if it's a good place or not?
In his mind, there was a group of Stans there. and a variety of less aggressive greens.
There's also oil and gas, plus impressive pastures, sheep, and more.
Don't say that to an American.
Even for Chinese people, this place is relatively unfamiliar.
"Correct." Everyone has different feelings towards their homeland and hometown. Unless it's someone who reproduces naturally.
Jin Na gently said: "This is indeed a very beautiful and warm country.
After saying that for a few sentences, Abel didn't know how to continue talking.
The main reason is that the distance between him and Jin Na is too large.
I only care about my life.
"Is the family okay?" I remember your mother and your brother and they all went to Texas? »
Abel smiled.
The people working around him are mainly bodyguards, chefs, servants, etc.
This employee is more personal.
Their families were often sent to Texas.
Make no mistake, going there will not land you in jail. Keep it up and these people's families can have a better life.
Whether it's the Smith Ranch or the Rock Security headquarters under construction.
In these places, the guards' families live and work.
live a life almost like paradise.
Abel provided them with hospitals, schools and jobs. There are also incomes that are higher than the average annual income of the average American.
Besides not being able to live in a big city.
What ordinary American families can enjoy, they can also enjoy.
Of course.
There, their family members naturally also play a certain role as hostages. For this reason, the day-to-day costs associated with rock security are greatly exaggerated.
Abel almost built a new town at Sunny Mountain Ranch.
The residents of the small town are all related to the rock's security staff.
They are themselves employees of the company or they are family members of company employees.
Jinna's family members also work and live there. "Good day." Jinna said gratefully.
A former member of this kingdom, after the kingdom was destroyed.
These small countries are in worse shape than others and many of them struggle for food and clothing.
Before Jin Na brought his family back to his hometown, the family lived in poverty.
But after taking over, she did not have a degree and her professional qualifications were not very suitable for the company. The whole family is there and they are going through a difficult time.
Until she entered the safety of the rock and became Anne's personal bodyguard.
Her life and that of her family have changed significantly.
In the small Sunni town, her family finally had a life where they could eat meat and vegetables every day.
Health care and education are guaranteed, and you can also have a good life with enough savings. For this, Jin Na, who was brutally beaten all his life, was naturally very grateful.
Seeing her like that, Abel also felt that it was a way of nurturing his family as hostages while nurturing his true soulmates.
It seems the cost is a bit high.
But it works fine.
At least as far as he knows, Jin Na's older brother and younger brother both have children. These children are all about ten years old and will be trained a little later.
That safety can go into stone. Or work at other companies of similar nature.
Ten or twenty years from now, a group of young people like "children of the state" will grow up.
After that, he felt that there really was no shortage of people in every aspect. Abel and her talked a few more words about family matters and planned to end like this.
Unexpectedly, when Jin Na was about to finish speaking, she nervously made a small request.
She said her uncle's family also wanted to come to America and wanted the company to issue a work visa for her uncle.
It was just a small request for Abel, he asked Edward to pay attention and carry it out.
He just ended his immature way of winning people's hearts. Leave the small room and go into the living room.
Annie, who was holding an empty potato chip tube and planning to throw it in the trash, saw it.
She let out a cry of surprise and wanted to rush to hug him.
Abel pushed away with a disgusted face: "Hey, everywhere smells like potato chips and breadcrumbs~ Go wash and dry!"
"Haha~" Annie laughed happily and obediently walked towards the room.
After waiting for almost half an hour. When Annie came out, she was wearing some clothes and light makeup.
She looks so delicate and beautiful like that.
Combined with the fierce vitality of a girl who has just turned eighteen, this gives Abel a feeling of youthfulness and invincibility.
"It's still snowing outside, it's so cold. If I don't go out, what's the point of wearing makeup? Abel smiled and hugged her, lying on the cleaned sofa. "I didn't even know you were coming." Annie said petulantly:
"If I knew you were coming, I wouldn't have been so careless! I hope you can see me, always beautiful and beautiful!"
"OH! »
Abel now kissed her collagen covered face roughly.
"I think you always look beautiful. Even without makeup."
Soon after Anne Hathaway turned eighteen, she experienced the happiest time in the life of the great sea horse.
Abel said she looked beautiful without makeup, and he was right on this point.
The two laughed and fought more. It's just a fight, a fight, clothes become less and less noisy, the more noisy it is, the less.
In the living room, Annie started moaning.
Meow like a cat.
Abel's time passed thus during his constant trips to and from the Smith Building, Carnegie Hill Building, and 1 13th Street, in New York.
Soon, January 1, 2001 arrived.
On this day, a major event happened in the United States. The new owner of the White House has finally moved in.
January 3rd.
A major event also happened in the US economic community and even in the global economic community.
The Fed itself is taking urgent action.
That day, she announced a 50 basis point interest rate cut. Interest rates decreased from 6.5% to 6%.
This unique type of interest rate cut by the Federal Reserve is rare.
This has only happened a few times in the past thirty years.
The last time was three years ago, in 1998.
At that time, Mao Xiongguo's government debt defaulted and the Dow Jones index fell 11.5% in three days. The Federal Reserve then cut interest rates by 25 basis points, freeing up a large amount of dollars to save the market.
The Federal Reserve's explanation for this unusual interest rate cut was a rescue approach after last year's dot-com bubble burst.
The New York Times commented that this is a "strong signal" sent by Greenspan to maintain the continuous long-term growth rate of the US economy.
This is reflected in the capital markets, i.e. the dollar begins to lose value.
In the international foreign exchange market, the USD/JPY currency pair has begun to be shorted. simultaneously.
Pay attention to the giants of Wall Street at Smith Tower.
At this time, they discovered a girl with a sensitive identity.
Under Abel Smith's leadership, he entered and exited the Smith Building many times.
The baby girl's name is Laura Bush Lauren. Before November last year, very few people in America knew his name and identity.
This belongs to the category of people who are not interested in knowing.
Available after November last year.
Many capitalists and businessmen in the United States saw his name and identity on the list.
Its presence at Smith Tower, along with an emergency rate cut, compares favorably with the Fed's regular rate cuts. This immediately makes the Wall Street giants who are buying USD/JPY a bit uneasy.
Merrill Lynch.
At the sales department.
After Stanley O'Neill learned of these two pieces of news in succession.
He was so angry that he broke the computer keyboard in front of him in half. The most powerful black president on Wall Street couldn't help but mutter:
"That's cheating! Cheating! That's shameless cheating!"
Charlie Schaff also looked at Stanley O'Neill a little worriedly.
Merrill Lynch's chief financial officer knows why Stanley O'Neill said that.
Because such coincidences do not exist in the world.
On the same day, the Federal Reserve announced an emergency interest rate cut.
The granddaughter of the Bush family, who just entered the White House, appeared at the Smith Building. What matters is that right now, Smith Capital is acting like a major short seller, betting against many Wall Street investment banks!
in this case.
Wall Street investment banking giants have resorted to conspiracy theories
These people are wondering if the man who just moved into the White House helped Abel at that time?
Or, Abel's short selling action this time was instigated by Texas.
Otherwise, how could it be such a coincidence? Abel has lost nearly half a billion dollars in just a few days since he became a major short seller.
Realizing that the bulls are on the verge of a big win, the Federal Reserve has announced an interest rate cut.
You should know that when the Federal Reserve announces interest rate cuts, the dollar generally begins to lose value.
As soon as the US dollar loses value, the USD/JPY currency pair will begin to short.
The market reacted quickly to this situation. The Federal Reserve did not announce an interest rate cut for several minutes.
USD/JPY was previously around 107,500.
In just a few minutes, it dropped to 107,350.
Wall Street investment banks have long been suddenly losing some of the floating profits on their accounts.
This made Stanley O'Neal wonder whether Abel was really in cahoots with the White House. The black president suspected that Abel was on the battlefield directly in the capital.
Unable to defeat them, the bulls secretly merged and began to use this method on the outside!
Damned! Clearly, these off-field methods are what they do best.
This always comes from the Fed's confusing downsizing move.
USD/JPY continues to fall, Stanley O'Neill takes a deep breath.
For now, Stanley O'Neill is no longer bullish on the dollar/yen ratio and may continue to see more. He reasoned that Abel could even use the Fed's super trick to cut interest rates.
After that, the White House will likely have other ways to support Abel.
In case Abel cheats, unless the bulls are truly united.
Otherwise, it will be difficult to overcome the "collusion" between the White House and Abel!
Stanley O'Neill said in a low voice: "Close the position." Let floating profits first turn into real profits.
Charlie Schaff also shares this opinion. Even if the CFO doesn't believe it, Abel could receive significant help from the White House.
It too much.
Will the new small bush moved into the White House affect the Federal Reserve so quickly?
Although the White House has some regulatory power and influence over the Federal Reserve.
But to do this, we will have to wait until the little bush takes power, stabilizes and continues to exert its influence. May have capacity.
I only lived there for three days. Roosevelt wouldn't have been able to understand the Fed that quickly, right?
Just doubt, doubt, or don't believe, don't believe.
In the markets, many Wall Street bulls are still making the same choices as Stanley O'Neill. Just about two hours.
Lasts a week at 107,500.
USD/JPY, which cannot be suppressed no matter how much it may be suppressed, has started shorting.
In two hours, it quickly dropped to around 107,100.
This change left the Smith Building depressed for nearly a week. In the trading room on the third floor, many traders applauded.
Because in this quick shock.
The USD/JPY currency pair started selling short.
Finally, Smith Capital's severe floating losses turned into floating profits.
On the third floor. Along with Abel, little Laura looked curiously at this scene and couldn't help but ask:
"What's wrong? Did something good happen? Everyone seems happy?"
Abel smiled and said:
"Easy. I've lost hundreds of millions of dollars."
"But after you came, we got back all the money we lost, maybe even tens of millions of dollars."
Listening to what Abel said, they are usually expressed in units of "billion" and "ten million".
Little Laura was a little speechless, she secretly doubted: "Am I that strong? I do not know."
Today she came here to represent the shrub family.
Become a member of Smith Capital's board of directors.
After David Mellon's 2% dry stock, Smith Capital's board of directors.
The third member introduced, Laura Shrub Lauren, who personally owns 3% of Smith Capital's dry stock.
Regarding David's actions. Little Laura's act of consent is very complicated.
If you want to understand it, it is estimated that some of the best lawyers will be invited to be able to see who they really belong to in these complicated terms.
That said, it's really difficult for Wall Street giants to not have connections in this space.
"Maybe you are my lucky goddess. I will make money as soon as you arrive." Abel responded with a smile. "I like hearing you say that." Little Laura knew this kind of good thing, and it probably had nothing to do with her.
But when Abel said it, she just loved hearing it.
While chatting happily with Abel, she chose to close the position due to the large number of long positions.
USD/JPY continued to decline and quickly stabilized around 106,350.
Smith Capital, also from an earlier floating loss of nearly $500 million. It has become a current floating profit of about 1 billion US dollars.
But in this moment.
Smith Capital employees are happily looking at the account's floating profit figures.
Receive the latest orders from their boss.
Abel's command is:
"Start closing positions. After closing the position, the maximum amount will be USD/JPY!"
This order is in complete contrast to Smith Capital's previous activities.
This is also in stark contrast to the hot USD/JPY short selling market on the market today.
Many traders were surprised and David Mellon was also confused.
Because Abel did that, it seemed like he despised money.
Before the market turned to buyers, Abel asked to be a seller. At its peak, losses reached $500 million.
Eventually, the Federal Reserve cut interest rates, the dollar lost value, and the dollar/yen ratio began to sell off.
Smith Capital started making money.
Abel asked to buy and again went against the market trend.
Giving people the feeling that he doesn't want to make money but just wants to lose money. David wanted to go talk to Abel.
David wanted to see what the boss thought, because if he did this.
Smith Capital will definitely lose money again.
Profits that eventually recover could turn into losses.
But he saw Abel chatting happily with little Laura. The latter was made fun of by Abel, smiling brightly, looking very happy.
David thought of the girl's family.
As for Abel once again, he reaffirmed that Smith's capital would cease operations.
David had no choice but to grit his teeth and go back to issuing orders allowing traders to quickly begin closing their positions and prepare to take on long positions.
At that time, the market was experiencing a strong price increase. There are a large number of long positions in the market and short positions are too easy to sell.
Under normal circumstances, it may take a week or even several weeks to ensure profit taking.
Under special bulls fled from the stampede.
In one afternoon, short positions of 250,000 USD/JPY from Smith Capital were successfully closed.
Profit is about 1.1 billion USD. Smith Capital then began building long positions in the market.
This is also due to the long flight and the continued decline of the dollar/yen.
The speed of long positions is very fast.
Before the end of the day, there were more than 110,000 buy orders on the Smith Capital account.
The total account shows a floating loss of $150 million. (end of this chapter)