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Chapter 119 Roller Coaster(1/2)

James Robinson showed hesitation when he heard Noah Scott's question.

In Simon Westero's previous stock index futures operation, one success may not be a big deal, but two consecutive successes can be said to be luck, but three consecutive successes are enough to prove that the young man must have something to rely on.

In this case, if Lehman Brothers follows the trend, it will definitely gain unexpected gains. As the CEO of American Express, the parent company of Lehman Brothers, to be able to reach his current position, James Robinson definitely does not lack the spirit of adventure.

However, this behavior is obviously standard insider trading.

American Express bought Lehman Brothers three years ago just to get into the long-planned investment banking field.

Next, if we really follow the trend, once the matter is exposed, Lehman Brothers will definitely be investigated by the SEC (Federal Trade Commission), and the company will also lose a large number of customers.

Most importantly, other Wall Street investment banks will never miss the opportunity to drive American Express, a potentially powerful rival, out of the investment banking field.

but.

In just three and a half months, the principal amount was US$75 million and the net profit exceeded US$200 million. This kind of huge profit was really hard to resist.

You know, as a global financial and travel services company with a current market value of more than 13 billion U.S. dollars and more than 50,000 employees, American Express's net profit in the second quarter of 1987 was only over 180 million U.S. dollars.

It is obvious that the income gained by a young man who is not yet 20 years old from operating in the stock index futures market for more than three months has exceeded the quarterly profit of a corporate giant like American Express during the same period.

After weighing and weighing for several minutes, James Robinson finally could not resist the temptation. He clapped his hand at the Westeros company's transaction records and said to the Scotts: "I will discuss it with Paul and the others on the board of directors over the weekend.

, try to mobilize a sum of funds before next Monday. Neil, you are responsible for this matter, Noah is in charge, you two will report directly to me personally. Remember, you must be cautious and cautious, you should all know this

The consequences of being exposed."



Los Angeles.

In the Palisades mansion, Simon hung up the phone from Noah Scott and leaned back on the leather chair thoughtfully.

Janet had been sitting on the large desk in front of Simon in an inconspicuous manner just now, holding several reports from Noah Scott in her hand, swaying her two naked feet and looking through them with interest.

.

Seeing Simon hang up the phone, Janet tiptoed over and tapped Simon's leg, saying: "You little bastard, I now believe that it won't take you many years to realize those three wishes."

The thoughts that had not yet gathered together were interrupted. Simon just smiled and held down the woman's naughty little feet on his lap, scratched her soles a few times, and said, "Didn't you believe it before?"

Janet smiled and took back her feet and said: "Of course I believe it. But, I didn't expect you to make such a huge amount of money. Our family, starting from my great-grandfather, has accumulated only a mere

Just $2 billion."

Simon said: "But I definitely don't have the ability to push the federal government to abolish the inheritance tax, so your family should be more powerful."

When the relationship between Simon and Janet was exposed in the first half of the year, there were reports in newspapers that the Johnston family was pushing for the abolition of inheritance tax in Australia. Being able to affect the fundamental tax system of a country is truly profound.

Now, although he already has a net worth of hundreds of millions of dollars, once Simon's wealth is exposed, he may be more likely to be just a 'fat sheep' in the eyes of many people.

Simon is also very clear about this.

As a reborn person, it is not too difficult to accumulate wealth.

The simplest way is that Microsoft's current market value is only about US$1 billion. Simon spent US$200,000 to buy Microsoft stock, held it until 2000, and sold it at the peak of Microsoft's US$600 billion market value. He would immediately become a billionaire.

Millionaire.

200,000 U.S. dollars. Now that the North American property market bubble is still at its highest point, many middle-class families can probably raise it by selling their properties. But they have absolutely no way of knowing that this money will allow them to live more than ten years later.

Become a billionaire.

Simon knew.

However, if he simply grabs wealth, even if Simon earns 100 billion U.S. dollars, if he lacks the social influence to match this wealth, he will only be a "fat sheep" worth 100 billion U.S. dollars.

That's all.

Therefore, Simon is not too complacent about the huge sum of money he has made from the stock index futures market.

Just to get rid of the 'fat sheep' state, he still has a long way to go.

Seeing that Simon had become silent, Janet waited patiently for a moment, then scratched the man's leg with her foot and asked, "What are you thinking about?"

Simon told the truth: "Fat sheep."

"Haha," Janet laughed and said, "You feel it?"

Simon wondered: "What?"

"Noah," Janet blinked and said, "He is so attentive today, there is obviously something wrong with him."

When Simon heard Janet's reminder, he once again captured some of the thoughts in his mind just after hanging up the phone. He immediately laughed and said: "Three times in a row, US$75 million has increased to 278.56 million. If Lehman Brothers can

If you don't follow up, Wall Street will no longer be Wall Street."

Janet asked: "What are you going to do?"

"As long as Lehman Brothers' operations don't affect our interests, it's okay to let them make some money," Simon said, then shook his head and said, "However, this seems unlikely."

If Lehman Brothers, backed by American Express, follows suit, the amount of funds will definitely exceed the less than US$300 million in principal in the Westeros Company account.

If it had been a long-term operation at the moment, it might have been nothing, and it would have been followed up if it was followed up. But with the stock market crash at the end of October, the situation was definitely different.

In Simon's memory, during the 1987 crash, the U.S. government's bailout measures were very timely and effective. It only took a week for the North American stock market to stabilize. Moreover, the S&P 500 index stayed at the bottom of around 200 points for just as long.

It's even more short-lived.

For the last short contract laid out in Westeros Company's plan, the maximum profit can only be obtained by closing the position at the bottom of 200 points. However, the single-day contract throughput of the stock index futures market is ultimately limited.

After the stock market crash, if Lehman Brothers also established a large number of short positions, they would definitely be the first to arrange for their own contracts to be closed. The contracts held by Westeros may only be able to trade after the index rebounds. By then,

The profits obtained will definitely shrink significantly.

Janet saw Simon lost in thought again and didn't bother him.

After thinking for a while, Simon said: "Let's forget about it for now and wait until "Pulp Fiction" is finished."

According to the plan, "Pulp Fiction" will be completed in mid-September, and Simon still has half a month to operate.

Moreover, the movie is the most important thing to Simon.

To accumulate a lot of wealth, Simon must have considerable power if he wants not to be regarded as a "fat sheep".

Hollywood happens to be Simon's chosen base of power.

If he can acquire this world-class influential film industry base step by step, and add to his accumulated wealth, Simon can truly get rid of his status as a "fat sheep" and become a major player who can influence this country and even the entire world.

Janet was a little puzzled when she heard what Simon said: "We can completely withdraw all the money in the futures account. By then, Noah can find a corner to shed his tears."

"No," Simon shook his head and said with a smile: "Doing this now is completely equivalent to telling them that we plan to change to a futures broker. Wall Street is actually so big, do you think Lehman Brothers can't find us?

Where do you open an account?”

Janet thought for a while and said helplessly: "It seems, that is indeed the case."



Before I knew it, another weekend passed quickly.

Time has come to September in a blink of an eye.

Over the past two days over the weekend, under the personal arrangement of American Express CEO James Robinson, Lehman Brothers mobilized US$500 million in funds at one time, intending to secretly follow the operations of the Westeros Company.

However, what surprised Noah Scott was that compared to the previous three heavy position operations, Simon only successively asked him to establish 6,000 short contracts between 337 and 330 points in the new week, and it was 12

Short contracts for the month.

The bulls turned into bears, which was exactly what Noah Scott expected.

However, the short position of 6,000 contracts only occupied 30% of the funds in the Westeros company account, which was far lower than the 80% position ratio that had been maintained before. A large amount of funds had originally been mobilized to follow Simon's operation.

Several people in charge of the accident were completely confused for a while.

The 30% position ratio is completely a very conservative long-term position strategy.

The entire Wall Street understood at this time that after the five-year bull market, the North American stock market would inevitably turn downward. Therefore, the positions held by Westeros Company at this time were very similar to those after a good meal and drink.

The finishing act of scooping out as much soup as you can.

Could it be.

Just as he was about to enter, the feast was already over?

If it cannot obtain huge profits in a short period of time, Express Company will definitely not be able to keep a huge amount of US$500 million in a futures account for a long time.

Noah Scott even once wondered whether his black market operation was noticed by Simon, so the other party would do this. But this does not make sense. If Simon noticed that Lehman Brothers planned to follow suit, he would definitely change his broker.

.

There is no reason to put aside money that can be earned and not earn it.

Amid this hesitation, the North American stock market took a sharp turn before the first week of September ended. In the following week, the S&P 500 index plunged from over 330 points to around 310 points.

Still a 20 point drop.

With a contract multiplier of $500, the profit and loss figure for a single contract reaches $10,000.

As a result, in just one week, Westeros's book profit from 6,000 short contracts exceeded US$60 million.

However, the book profit in the Lehman Brothers account was even greater. Noah Scott opened a position exactly twice the size of the Westeros company. After Simon stopped building a position, he couldn't help but buy it again.

3,000 contracts, which brings the short contract position in Lehman Brothers' account to 15,000 contracts.
To be continued...
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