Life at the Top

Life At The Top Chapter 1863

“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.

JW Foundation

revenge. At this time,

will enter the market to

of Morgan

and said.

if this continues,

crash,” the assistant said

crash then. This is

anyway, and they have chosen

as the sacrifice

anger, isn’t it?”

Morgan Bank had a

his face. It was

expression.

if he was

but at the

he was having

there would come

we would need to quell the

with a

the brunt of

subprime market was

Bank, which had

number of assets

could not escape because

the lock-up.

Today, Layman Investment Bank

the same, but the

no longer

office, but instead, it

-the-Harbor Langdon.

At this moment, Half-the-Harbor

a gloomy

he listened to

market continues like

net asset value will

the contrary,

grow higher

have read the

The

billions

that cannot

sunk cost of this alone is

huge burden!

more extreme is that

the credit products

market price was at

There is still at least one

expiration of the

but their value has shrunk by

much as 70%.

these assets have

than 6 billion US

became more

Then, he gritted his

once these

completely

paper by Jasper, the

in debt alone will be enough

crush us.”

Half-the-Harbor Langdon spoke blankly

“I have transferred 20

from

deliver Layman’s

the subprime

think

Kayden was taken aback.

family members

in

them had already used up all

wealth to

Bank.

did this 20 billion

“Dad, did you…”

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