Life at the Top
Life At The Top Chapter 1867
Jasper was not stupid.
Right now, it could be said that the J.
Langdon father and son had betrayed the
entire Somerland.
There was no possibility of them coming
back and continuing to develop their
industries in Somerland in the future.
If the father and son were dragged down b
y Layman, their industries in the
mainland would be expected to be
repossessed slowly, and then, those
industries would inevitably be sold at a
low price.
That would be the perfect time for Jasper t
o harvest.
Hence, after rejecting Kayden, instead of
agreeing to release Layman’s position,
Jasper increased his short-selling efforts.
The direct impact of this was that the
subprime market of the United States
turned into a landslide. Huge waves kept
surging while the market value dropped
again and again.
Almost all investors in the United States
were numb to this.
Until… a piece of news broke out.
“Mr. Laine, Layman Investment Bank has
just filed for bankruptcy protection.”
The news from Jake made Jasper stand up
suddenly.
“Bankruptcy? Layman?”
looked at
the subprime market and
sky had
Investment Bank was one of
investment
Although it was
it was still one of the
banks
of
and of itself.
most important thing was that
subprime market, Layman Investment
the largest long position
independently supported the transaction
most parts of the
market.
though Layman was
Harbor Langdon and his son from Somerland some time ago
the United States were dissatisfied with
extreme reaction.
of this
even brought a small. I wave of
half a month ago before the
What did this mean?
then Layman would be its fourth daughter with a reputation for being famous. Eventually, this daughter
initially a good thing, which was why Half-the-Harbor Langdon and his son happily took over. However, within half a month, they filed for a divorce and sent the dead body of the daughter
her biological family.
would be unusual if the United States did
was even more
not expect the historical inertia to still exist and still be so
was just wondering when Layman would go bankrupt when Half-the
to cut their losses
Jasper murmured.
Laine, what are we going to do
Everything has come crashing down and they’re left with nothing. We shall just watch them crash
kind of a grand occasion was a financial market
ordinary people might never have the opportunity to see
was presented to financial practitioners all around
a
squashed the last bit struggle in the United States subprime market. There was no need for Jasper to
there were still funds who fantasized that the United States government would continue to rescue the market. Some even imagined that Wall Street capital such as Layman would fight against Jasper’s JW Foundation
had now declared bankruptcy, which meant that the subprime market was abandoned
person had to admit that the subprime market was
storm caused by Layman’s bankruptcy in
bigger one storm laying within
investment banks,
such a global investment bank filed for bankruptcy, it would have a
o f Layman
and also made the people of the United States understand that they are not the only ones who know how
and downs over the course of its life, and it finally collapsed
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