Leaving the headquarters of B Girls Company in Greenwich, Simon and A returned to the manor in the northern suburbs together.

The black Bentley sedan was driving on the asphalt road in the suburbs in the summer. In the car, Alison lowered his head and checked today's work log, confirmed that nothing was missing. He turned his head and looked at Simon, who had been busy all day by his side, closed his eyes and rested. He thought for a while, and said, "Someone is pursuing B during this period."

Simon opened his eyes and asked with a smile: "Who?"

Seeing Simon's appearance without any grudges, Alison also smiled and said in a small gossip: "A partner of Long-term Capital Management, named Mark Shinar, is a very powerful analyst, MIT's Ph.D. John Merriwether led the team away from the Solomon Brothers last year, and B tried to dig the other party to be responsible for Alia's bond analysis model development, but it was unsuccessful. Long-term Capital Management Company set up its headquarters in Greenwich at the beginning of the year and has contacted several times through some gatherings in circles. Mark Shinar pursued B last month."

Simon said: "LTCM's partner should be quite old, right?"

Alison said: "Age 31."

ABCD started serving the Westeros family four years ago. She had just graduated from college and is now 26 or 27 years old. Her 31-year-old suitor is not very big, not to mention that she is a highly anticipated hedge fund partner.

Simon nodded slightly and asked again: "What is B's attitude? Also, is that guy handsome?"

"B made it clear to Mark Shinar from the beginning. Her career has just begun and she doesn't plan to fall in love in the short term. However, the other party did not give up. During this period, he would pass by the headquarters of Company B to give her a bouquet of flowers every morning." Alison said this, paused, and then said, "It's not as handsome as the boss, but he is taller than the boss. It is said that he was a basketball player when he was in school."

Simon said: "It's good. B is not young now. You can try to get along with each other. As long as you arrange your time properly, there is no problem. I think they will not be too idle on weekdays, and this rhythm of life will seem very consistent."

Alison blinked when he heard Simon say this: "Boss, do you really not mind?"

Simon smiled and said, "Of course I mind, but it's more like the feeling of his daughter being abducted by a bad boy. Although I must be an evil villain in your heart, I will bless you as long as you can find a suitable partner."

Alison felt the man's sincere tone. When he heard that he was an evil villain, he couldn't help but bend the corners of his mouth: "I will tell B the boss's words."

Simon said: "And so do you. If you get married early, I can change to a younger and more beautiful assistant."

The man looked disgusting tone, but the smile of the girl A did not diminish at all. He moved his body and leaned over and leaned his head on Simon's shoulder: "Boss, you really like that kind, um, PLAY?"

Simon pretended to be puzzled: "What?"

"I slept next to my boss that night in Columbus."

Simon's tone was bad: "It seems that I'm going to demolish Columbus' villa and rebuild it, and the sound insulation is too poor."

If a man wants to demolish the villa, Alison will definitely help carry out the execution without hesitation. No matter how much the house is worth, she was still led to explain in a distorted manner: "Because of the balcony, boss, you forgot to close the floor-to-ceiling windows."

The villa outside Columbus is a two-story European building with a brick and stone structure, and the sound insulation is much better than that of wooden buildings. However, the rooms upstairs basically have balcony with view. If the floor-to-ceiling windows leading to the balcony are not closed, it is late at night and some noises can easily reach the next door.

Upon hearing this, Simon reached out to grab the girl's delicate chin and pinched it, saying, "It seems that you don't close the balcony, you need to punish me if you take the time."

Hearing the word "punishment", Alison's breathing suddenly became a little rapid. He raised his hand and held the man's big hand that he wanted to take back and hugged it in front of him, but he stopped mentioning what he had just happened, and said, "Boss, do you seem to like long-term capital management companies very much?"

Simon said: "How did you see it?"

Alison said: "At the beginning of the year, we had the opportunity to subscribe to LTCM's fund shares, and the wife agreed, but you personally rejected the project."

Speaking of long-term capital management companies, in history, people who are slightly more interested in the financial industry are well-known.

Of course, it's not a good reputation.

John Merriwether, the founder of Long-term Capital Management, was the hottest banker of Solomon Brothers, a famous investment bank on Wall Street in the 1970s and 1980s. This genius trader created the bond arbitrage model that is now popular throughout Wall Street.

At its peak, Merriwether's bond arbitrage team contributed more than half of the profits to the Solomon Brothers, and the Solomon Brothers once became the strongest investment bank on Wall Street.

However, after the scandal of Solomon Brothers' illegal manipulation of the treasury bond market broke out in 1992, the investment bank began to fall apart. John Merriwether, who was in charge of the bond trading department, caused the scandal because of his lack of strict control, leaving a mess for a large number of Solomon investors. Even Buffett was cheated in. However, he himself left unscathed with the bond arbitrage team that he relied on to become famous, and established a long-term capital management company in February this year.

Relying on his once brilliant performance in Solomon and his unique bond arbitrage model, long-term capital management companies have been sought after by Wall Street. Financial giants such as Goldman Sachs, Lehman, and Bear Stearns have subscribed to the fund shares of this hedge fund. Many politicians in Washington contacted John Merriwether through various connections, hoping to participate in the investment of long-term capital management companies.

Even though it offered a 25% profit commission ratio exceeding the industry average and a series of other harsh conditions, the long-term capital management company easily raised its first hedge fund of $1.25 billion in a short period of time and quickly started its own business.

In Simon's memory, after the establishment of the Long-term Capital Management Company, it has been awesome for several years. Since 1992, the annual fund return rate has exceeded 40%.

Then, all of this came to an abrupt end in 1998.

Long-term capital management companies have the smartest minds in the world, including two Nobel Prize winners in economics. These people have created the world's most advanced bond arbitrage model, short-selling or longing through interest differences between various types of bonds at different periods to make profits.

Using bond spreads to arbitrage is different from stocks or futures, such as treasury bonds or corporate bonds. They only have a share of interest at a few percentage points, so the change ratio is very small after all. In order to expand profits, leverage of dozens or even hundreds of times must be used.

Moreover, the arbitrage model of long-term capital management companies is largely based on the complete rationality of the capital market and does not take into account extreme market conditions such as the 87 stock market crash.

In 1998, Russia's domestic economy, which was affected by the 1997 financial crisis, collapsed again, resulting in the inability to repay billions of dollars of maturing government bonds and had to declare a debt default. The super black swan event of debt default in sovereign states quickly affected the domino effect, causing the overall plunge of the international bond market.

The market had already shown a downward trend in the months before Russia announced its debt default.

At that time, long-term capital management companies believed that the bond market would recover again in the second half of 1998, and they did not think that a large sovereign country like Russia would completely give up its international credibility and declare a debt default. Even if Russia is really unable to repay its debt, in order to avoid sovereign debt defaults affecting the international bond market, other countries would often take measures to rescue them.

As a result, none of this happened.

In other words, the worst outcome that no one thinks will happen has occurred.

Russia's debt defaults, the international bond market plummeted, and the long-term capital management company that bet on the wrong direction established huge positions of more than $1 trillion with its own principal of only more than $4 billion, most of which were long. So, when the crisis broke out, the long-term capital management company lost to liquidation in just one week.

However, this is just the beginning.

The long-term capital management company lost all its funds and still could not make up for the continued losses caused by the hedge fund's huge positions.

If you let it go, you will only breach the contract.

The trillion-dollar hedging position defaults caused by catastrophic consequences are even ten or a hundred times that of Russia's debt defaults, which is enough to destroy the global financial system and even spread to the real economy, causing another global depression.

In order to avoid disasters, the Federal Reserve had to urgently mobilize all financial giants on Wall Street to help long-term capital management companies clean up the mess.

In the end, in addition to the $4.6 billion lost by the long-term capital management company itself, a group of financial giants on Wall Street raised another $3.6 billion, investing a huge amount of $8.2 billion, which closed most of the dangerous positions and avoided a major collapse in the global financial market.

Simon recalled the message in his mind and said to Alison beside him: "The LTCM team believed too much in its model and ignored the uncertainty that the capital market far exceeded their imagination. Take the United States for example. On average, the federal stock market collapsed at least once every ten years. I remember that in 1987, Solomon also reported that Merriwether's bond trading department had lost hundreds of millions of dollars in a week, but they obviously did not learn from the lesson. Not only that, because of past success, they have also lost the awe of market risks, and it will be sooner or later to fail."

Alison thought for a moment, nodded in approval, remembering what happened to Girl B just now, and said, "Boss, then do you still let B and LTCM's partners date?"

Simon smiled and said, "This is two different things. In any case, those guys are all a group of geniuses. And, didn't you say that Mark Shinal is only 31 years old? While he is still young and has some setbacks, he will be more stable in the future, just like Lawrence Fink, because of the loss he lost in First Boston that year, no one in Cersei Capital cares more about risk control than him, otherwise, I wouldn't be assured to let him manage hundreds of billions of dollars of assets."

Alison raised his head from Simon's shoulder and looked at the man, saying, "Boss, your tone is really similar, um, an old man."

Simon pretended to be dissatisfied: "Old man?"

Alison rested on Simon's shoulder again and his mouth fell to the man's ear: "Boss, actually, I can do it too."

"Um?"

Alison got closer a little longer and shouted out a title very boldly.

Simon: "￥#@@##"

After Alison shouted, his face turned red quickly, and he found that his boss had a greater reaction than him, and he immediately became more courageous.

However, just as I was about to continue to cause trouble, the luxury car had already entered the manor gate.

While the driver was driving towards the manor villa, he pressed a fairy who was trying to make trouble and suppressed it hard. Bentley stopped in front of the villa. After getting off the car, A could only follow the man with his head down and quickly disappeared after entering the villa.

In the villa, the Indian girl Aliya watched as A hurriedly escaped upstairs, without asking any more questions, but met the man and said, "Boss, Ms. Feisey is here in the afternoon, and Ms. Spurt has just come with the three ladies, and they are chatting in the living room."

As he said this, Alia stepped forward to take Simon's coat and followed the man to the living room on the side of the hall.

The living room looks very lively.

In addition to Sofia Fessi and Grace Spurt, there are three other beautiful girls in fashionable clothes. These are the three new Victoria's Secret Angels selected from the list provided by Grace some time ago.

Seeing Simon enter the door, the women stopped talking and stood up together.

Simon went up and hugged Sophia first without shyness, and asked, "Aren't they all here on Friday?"

Sofia let go of Simon and intimately helped the man fold the collar of his shirt that he had accidentally picked up when he just took off his coat, and said, "I've come here if I want to come here, I'm not busy lately."

As he said that, he gave the man a gentle look.

If he didn't come, the little man would be ridiculous again tonight, and he even called four women to come at one time.

Although Grace introduced herself as the agent of the three girls, Sophia could tell at a glance that this woman was obviously looking forward to a guy going home in the short period of waiting just now, which was not long.

Feeling Sophia's gaze as if angry and resentful, Simon could only smile at the woman. Seeing Grace coming over, she was only going to shake hands with her. Seeing the other party slightly open her arms, the woman was embarrassed, so she naturally hugged her: "Good afternoon, Grace."

Just a simple hug, Grace Spurt still felt that his heart was gently clenched, and the slight suffocation that seemed to make people addicted quickly. In fact, he also realized that the man had no intention of hugging her just now, but he couldn't help but come over.

He responded with a slightly burning cheek, and then he remembered and quickly introduced the three girls he brought and said, "Simon, this is Qusi, Eva, and Daniela."

Qus Gove, Eva Herzgova, Daniela Psteva.

These are the three new Victoria's Secret Angels selected by Simon recently.

Even Qusi Goff, who only saw Simon when he attended the premiere of "Batman: The Dark Knight Rises" last month, did not attend the aftermath party after the premiere, so this is the first time that the three girls have seen the legendary young super tycoon up close.

Although it was the first time to come into contact, during this period, the three women deeply realized the powerful influence of Simon Westeros. They have been known for their original name to the point of view in a blink of an eye, and it is just because of this man's thoughts.

Therefore, when Grace suddenly arranged for them to have a physical examination a few days ago, and then directly pointed out that Simon Westeros asked the three of them to come to accompany him tonight. The three girls never felt much resistance and obediently obedient to Grace's various arrangements.

Surrendering to the strong is also a genetic nature of human beings.

Perhaps many people will show all kinds of disdain for some powerful people in private, but there are absolutely few people who dare to speak out in a casual manner when they really face to face. Especially when these powerful people have the power to allow the parties to enter heaven in an instant and fall into hell in a blink of an eye, then the rest is just surrender.
Chapter completed!