Five minutes later, aig's share price fell to $100 per share again.

Wang Guanxi smiled and said, "I said it can't rise."

"Everyone will watch the show below. As long as it rises and falls, we are invincible!"

As for how the stock price of aig Group goes, you don’t need to pay attention to it for the time being, just be sure that it will continue to fall in the future.

Now the black shirt insurance company's account has a floating profit of more than HK$11.1 billion, and this time, the black shirt insurance company is only HK$13 billion in principal!

It can be said that it is a big profit.

"Once our black shirt insurance company closes its position, its cash flow will have at least HK$23 billion!"

"HK$23 billion in cash flow!"

"This is enough to compare the cash flow of the top ten consortiums in Hong Kong."

"These HK$23 billion seems to be able to continue shorting the Huang Consortium and the Zheng Consortium's enterprise!"

"As long as any of the top ten consortiums in Hong Kong provokes us again and fights us, they will do it right away!"

At this time, Huang Shaokai asked: "Boss, after we close our position this time, we can have at least HK$23 billion in cash flow. Hehe, at that time, the Huang family, Zheng family, and Hong family alliance will be scared to death by us every minute."

Previously, the Huang Consortium, the Zheng Consortium, the Hong Consortium Alliance and the Black Shirt Hedge Fund fought, and the two sides invested a total of more than HK$27 billion in fighting in the stock market.

The Blackshirt Hedge Fund consumed HK$11.7 billion, and its HK$6 billion was a loan from Yongheng Bank. This battle was very tiring.

Fortunately, I finally took advantage.

Lehman Brothers went bankrupt, and Dafu Securities invested a lot of money in Lehman Brothers, which caused the Hong League to collapse.

Now Blackshirt Insurance Company has mobilized another HK$23 billion in funds, so Huang's Consortium and Zheng's Consortium?

Haha, beat him to kneel every minute.

Wu Zhankun also said: "If we really take out HK$23 billion in cash flow, then the Huang family, Zheng family, and Hong family alliance will definitely be scared to death by us."

These days, the funds of the Huang family, Zheng family, and Hong family alliance were almost exhausted by the Blackshirt hedge fund. At this time, the Blackshirt Insurance Company received another HK$23 billion in cash flow, and it is estimated that the other party will collapse directly.

Zhang Dexi also said: "After getting involved in the Indians, we will deal with the Hong League, Huang League, and Zheng League. Hehe, we have so much cash flow, and their cash flow has dried up. What will they do with us at that time?"

Last week, the Black Shirt Hedge Fund was trapped by the Hong League, Huang League and Zheng League, and required more than HK$230 million in interest every month. He was very panicked before, but now he is finally not panicked.

There is HK$23 billion in liquid cash. By then, the Huang Consortium, Zheng Consortium, and Hong Consortium, whose cash flow has been exhausted, are like patients with excessive blood loss. What capital should they use to continue working with them?

Moreover, Dafu Securities lost at least more than HK$2 billion in Lehman Brothers. When the market opens tomorrow on Tuesday, Dafu Securities' stock price will plummet, and then pull Jiehao Financial Group to fall into hell. This is fun.

Wang Juehao also said excitedly: "Hong League, Huang League, and Zheng League have actually lost. Hehe, the key is, what's wrong with the Indians now?"

"I wonder how much they will lose?"

"I feel that we can make more than HK$12 billion from the American International Group this time."

Although their principal was only HK$13 billion before, they borrowed 5 million shares of American International Group to short the stock and mortgaged the Blackshirt Insurance Company to India's private pension.

Now ASI may go bankrupt like Lehman Brothers. By then, the share price of ASI may fall to $1 per share and the Indians who blocked the Blackshirt Insurance Company will lose all their money.

Bai Weiqiang smiled and said, "I guess the Indians will lose at least HK$12 billion, maybe even more."

After looking at the stock trend chart of American International Group, I found that it was temporarily supported at $100.00 per share.

He said, "I don't know if the stock of ASI can fall below $100.00 per share tonight."

At this time, Wang Guanxi said lightly: "It should be, wait, it's only less than an hour since the market is open."

At this time, a latest news from the American International Group came out.

[Aig Group is approved to use US$20 billion in assets of its subsidiary to save itself]

New York Governor David Patterson announced at a press conference that the troubled Aig Group has been allowed to use $20 billion of its subsidiary's assets to save itself.

Patterson said that relevant departments of the New York State government have reached an agreement on the above plan.

It was also revealed that New York State officials in charge of the insurance industry have asked the U.S. federal government to provide additional funding for ASI.

At the same time, a spokesperson for the New York Regional Fed confirmed that representatives from the U.S. Treasury Department, financial institutions and the New York State Government held a meeting at the New York Regional Fed on the same day to consult on the issue of the United States International Group.

American International is the largest insurance company in the United States, employing about 8,500 people in the New York area.

Since the outbreak of the subprime mortgage crisis, the group has suffered heavy losses from credit default swaps and other businesses, and has suffered net losses for the third consecutive quarter of this year.

In three quarters, the credit default swap business of the United States International Group lost $25 billion in a cumulative loss, and the losses in other businesses were as high as $15 billion, which was as high as $40 billion!

ASI is the latest financial giant in crisis after Lehman Brothers filed for bankruptcy protection

After saving the $20 billion fund, the stock price of the American International Group did rebound a little, and soon rose to $100 per share to $120 per share, returning to the opening position of the stock market just now, but the stock price can no longer rise here.

At this moment, Bill Miller, watching the stock prices of American International and Lehman Brothers plummet, especially the stock prices of Lehman Brothers have fallen to nearly 0. Meisheng Group lost all its money on Lehman Brothers, and American International Group also suffered heavy losses.

Currently, Meisheng Group still holds 15 million shares of Aig Group, which is simply a terrible loss and cannot be described.

This time Lehman Brothers lost all the investment of Meisheng Group, and the same is true for American International Group now, causing him to suffer heavy losses.

After thinking about it, he said to his assistant: "Sell 1 million shares of aig first!"

"Yes, the President" assistant hurriedly went to make arrangements.

Under the sell-off of Meisheng Group, the stock price of aig Group suddenly turned around and fell, quickly falling to US$100.00 per share, which was temporarily supported.

After all, this American International Group is preparing to use $20 billion in funds to save itself.

Headquarters of the Asia-Pacific of the Indian Industrial Credit Investment Bank.

When Sandep Batra saw that the share price of Aig Group fell back to 100.00 per share, he immediately asked: "Do you want to call the Chinese to discuss closing the position now?"

Nehru, who is a private pension in India, said: "Why don't you wait anymore, here aig Group has just announced that it will use US$20 billion to save itself, and the stock price will continue to rise in the future."

Tata Consortium heir Ratan Tata also spoke: "I also think the stock price of aig Group will rise a lot. Don't rush, wait for another 20 minutes."

"Okay, wait another 20 minutes," said Sandep Batra.

···

As for the headquarters of Blackshirt Insurance Company, everyone was relieved after seeing the share price of American International Group falling to US$100.00 per share.

At this time another message came.

[The Federal Reserve sets up a 70 billion qualitative fund to save the market]

The Federal Reserve announced that it will take new measures to help financial institutions cope with the severe credit crisis.

New measures reportedly include the establishment of a $70 billion qualitative fund in conjunction with the top ten U.S. banks.

U.S. Treasury Secretary Paulson said the Fed's new measures are crucial to maintaining market liquidity and smooth operation, and to resolve some hidden concerns in the credit field.

In addition, central banks of various countries have also urgently injected capital into saving the market.

The ten banks that jointly built funds with the Federal Reserve are Bank of America, Barclays, Citigroup, Credit Suisse Group, Deutsche Bank, Goldman Sachs Group, **** Company, Merrill Lynch, Morgan Stanley and UBS Group.

In addition to jointly building a quasi-standard fund, the Federal Reserve has also relaxed the conditions for the use of credit instruments for first-level dealers, that is, major investment banks will be able to use common shares as loan collateral.

After this regulation is implemented, the US term securities credit instrument (tslf) collateral will include all investment grade securities assets.

TSLF's loan ceiling has also been widened, and the Federal Reserve has raised the upper limit of such loans from the original $175 billion to $200 billion.

[Former Fed Chairman Greenspan: The US financial crisis once in a century will induce global turmoil]

Greenspan: The United States is in a "one-in-a-century" financial crisis; the possibility of this crisis triggering an economic recession is increasing.

This is the worst financial crisis he has seen in his career and may continue to last for quite a long time and continue to affect U.S. real estate prices.

Greenspan believes that this crisis will continue to become a "corrosive" force until the US real estate prices stabilize; the crisis will also induce a series of global economic turmoil.

When asked if the U.S. chances of evading a recession exceed 50%, Greenspan replied that he believes the chance is less than 50%.

"I don't believe that a once-in-a-century financial crisis will not cause a heavy blow to the real economy. I think this is happening."

Greenspan also predicts that more large financial institutions will fall in the crisis.

It's really not a lie, everything is true, but do you think it's a matter.

Huang Shaokai said with a sigh: "The United States is probably going to fall into a financial crisis this time."

Wang Guanxi smiled and said, "Yes, the financial crisis is coming soon. Everyone is still dreaming, or they are not concerned about it, don't care, and don't pay attention to it."

Now Lehman Brothers has announced that it has filed for bankruptcy, Merrill Lynch has sold it to Bank of America, and the Federal Reserve has set up a 70 billion qualitative fund to save the market!

These are all signals of the outbreak of the financial crisis.

The five major investment banks in the United States have lost "two majors". Lehman Brothers announced their filing for bankruptcy, and Merrill Lynch also agreed to sell them to Bank of America for about $44 billion.

Former Federal Reserve Chairman Greenspan said that the United States has encountered a "one-in-a-century" financial crisis and more large financial institutions will fall in this crisis.

Barclays, UK, announced that it will withdraw its bid for the troubled US large investment bank Lehman Brothers.

This put the Lehman Brothers rescue plan promoted by the US financial regulators in difficulties, and also forced the fourth largest investment bank in the United States to announce its bankruptcy liquidation on the evening of the 14th.

Lehman Brothers originally expected to acquire it, and it has been sitting with Merrill Lynch, which has caused Lehman Brothers to go bankrupt and liquidate directly.

Influenced by news that Lehman Brothers filed for bankruptcy protection and Merrill Lynch agreed to sell to Bank of America, investors sold financial stocks, dragging down global stock markets.

Stocks that opened in the Asia-Pacific region generally fell on Monday.

Australian stock market closed down 86.1 points, a drop of 1.8%, and financial stocks closed down 3.5%. Bay Island stock market fell sharply, and the stock index closed at a low in the past three years.
To be continued...