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468 Despair

At this moment, in the trading room of the Huntington Bank Building.

Wang Guanxi looked at the equity of Cardinah Health Group mortgaged by Evan Cardinah and was very satisfied.

Wu Zhanhai asked: "Boss, what if Evan Cardinah loses its position, can't we pay back our funds?"

The 25% equity of Cardinah Health Group is only worth US$1.5 billion. According to the current bank's loan mortgage rate, it is only US$750 million that can be borrowed.

There are too many loans this time, so Evan Cardinah should be asked to mortgage $2 billion in assets.

Wang Guanxi said: "Don't worry, the Cardina family still has a lot of money. It depends on whether they are willing to sell control of Cardina Health Group to us."

Wu Hongsheng said, "The Cardina family actually suffered a lot in the economic crisis. I believe they will still agree to our conditions after huge losses!"

Li Guangyu smiled and said, "Actually, they have no choice. The Cardinah family is in so much debt. If the stock is broken this time, it will definitely be over."

Wang Guanxi smiled and said, "This Evan Cardinah wants to bet that he will not lose his position, but if he dreams, he will definitely lose his position."

Lu Jianyan asked: "Boss, do we continue to release news about negative stock markets?"

Wang Guanxi thought for a while and said, "Not for the time being."

Guan Zhenyi thought for a while and asked: "Boss, after Evan Cardinah's stock is over, should we join forces with Northern Trust Bank and Sun Trust Bank to collect debts from the Cardinah family?"

Lin Jiyang also echoed: "Evan Cardinah has so much debt and doesn't want to lose its position. I asked us that we borrowed another $1 billion. After this liquidation, he will definitely not be able to pay back the debt. If we collect debts together, they will definitely hand over the Cardinah Health Group!"

Wang Guanxi felt it made sense and said, "Go and do it!"

“Yes, boss!”

Then Wusan Bank, Huntington Bank, and Messi Pisa Company contacted Northern Trust Bank and Sun Trust Bank.

The next day, on July 10, the Dow Jones Index and international crude oil fell sharply!

Soros Quantum Fund: "The oil market has run a little too far driven by expectations that the global economy will recover quickly. I think the oil price pullback we are seeing is a prelude, followed by a sharp decline in the stock market and commodity markets."

Oil prices have fallen sharply by nearly 12% so far since last Monday's oil price closed at $71.49.

Feld Group: "The current decline in oil prices comes from the realization that oil prices may have begun to enter a new round of bubbles, and there is no fundamental factor that can justify oil prices above $70 per barrel."

Today, the Dow Jones Index fell 180 points and fell to the 8020 position.

Evan Cardinah still has $120 million in margin left in her account. If the Dow Jones Index falls by another 20 points, Cardinah hedge funds will be liquidated.

Today is Friday, and luckily it has closed.

But the opening of the market next Monday will be incurred.

Now there are 980 points on the books, with a floating loss of up to $5.88 billion. If the Dow Jones Index falls by another 20 points, he will be completely finished.

Moreover, if the long orders of the Dow Jones Index with 600,000 hands in the account are forcibly closed, the Dow Jones Index will continue to plummet a lot and the losses will increase.

Thinking of this, Evan Cardinah was shaking all over, sweat fell down his forehead, and he was paralyzed helplessly on the stool, not knowing what to do.

If it weren't for Huntington Bank, Wusan Bank would have a loan of $10, and his account would be in full swing today.

But what about next week?

If the Dow Jones Index opens next week, his account will still be in liquidated.

He began to despair inside.

"Am I really going to be finished?"

Desperate and unwilling to give up, Evan Cardinah grabbed his fist hard and punched the wall!

"No!"

"No!"

"No!"

···

At this moment, Huntington Bank Building, Wang Guanxi and others were very excited.

The Dow Jones Index has fallen to 8020, with the No. 1 fund floating profit of 980 points on its books, totaling US$2.45 billion, and the net value of the account reached US$5.25 billion.

Wu Zhanhai: "Boss, the Dow Jones Index is about to fall below the 8,000 position."

Wu Hongsheng: "Then Evan Cardinah hasn't even lost its position yet."

Li Guangyu: "It should be soon. He will definitely lose his position next week!"

Wang Guanxi said with a smile: "This guy has borrowed a billion dollars from us, but it is still not enough to fill the hole."

Lu Jianyan suggested: "Boss, now Evan Cardinah is about to lose its position, we can go to collect debts."

Guan Zhenyi also echoed: "Let's force Evan Cardina to sell control of Cardina Health Group to us now."

Lin Jiyang also said: "We directly negotiated with the Cardinal family and said we were going to acquire Cardinal Health Group!"

Stephen Steno: "We can also join forces with Sun Trust Bank and Northern Trust Bank to collect debts"

Alan Fishman also said: "I think the Cardina family will definitely not be able to withstand it!"

Wang Guanxi nodded: "Take aside these two weekends!"

"Yes, boss" then Huntington Bank and Wusan Bank began to collect debts.

The next day, Northern Trust Bank and Sun Trust Bank were also scared. In addition, the benefits given by Huntington Bank and Wusan Bank made the cash flow of Messi Pisa, headquartered in Michigan, all existed in two banks, so the two banks also began to collect debts from the Cardinah family.

Facing strong pressure from the outside and the family, Evan Cardinah had to come to the Huntington Bank Building on Sunday to negotiate.

Both sides took their seats.

Wang Guanxi said: "Mr. Cardinah, I plan to acquire the controlling stake in Cardinah Health Group. You hold 25% of the shares of Cardinah Health Group, of which 10% of the shares are Class B shares. I plan to acquire the Class B shares in your family!"

Now that Evan Cardinah is ready to finish, Wang Guanxi has just talked about his purpose.

Evan Cardinah pondered for a long time and said, "Mr. Wang, Cardinah Health Group is a family business of our Cardinah family and it is impossible to sell it to you."

Wang Guanxi smiled and said, "Mr. Evan Cardinah, I know you are about to lose your position, and you didn't pretend to be calm. You now have at least 500,000 long orders for the Dow Jones Index and will soon be lost. Think about it, when your account is liquidated, how much will the Dow Jones Index fall?"

"I tell you, it will definitely fall by more than 300 points, and the 8000 position is still a key position. If the fall below this, the bulls will collapse. When the long orders in the account are forced to flatten, the Dow Jones Index may fall by 500 points!"

"Think about it, how much money will you lose?"
Chapter completed!
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