At this time, Wang Guanxi said: "Tonight, the US stock market will open, and the share price of Washington Mutual Bank will definitely fall into waste paper. As long as it falls below $0.2, we will start clearing the position!"

The bankruptcy of Washington Mutual Bank has caused a greater financial panic effect. Today, the Asia-Pacific stock markets have generally fallen, and the stock markets in Lu and Shenzhen have fallen by 1%.

Hong Kong's Hang Seng Index fell 1.4%.

Wandao stock market fell 2.16%.

The benzene stock market fell 0.94%.

South Korea's stock market fell 1.68%.

Australian stock market fell 0.53%.

And the US stock market will open tonight, not to mention, it will definitely fall!

However, tonight, the White House’s $700 billion financial rescue plan will continue to be negotiated. If the $700 billion rescue plan is passed, the stock market will surge!

However, this uncertainty will intensify the financial market turmoil, and Wang Guanxi is looking forward to this.

Anyway, no matter how the stock market fluctuates, he is a firm big short seller, just short and won’t go long!

"Yes, boss" everyone was full of expectations.

Now Blackshirt Insurance Company is shorting American International Group, with a total of 5 million shares and a position of $388 per share.

Fund No. 2 shorted Citibank Group, which also had 5 million shares, with a position building of US$213 per share.

Blackshirt Investment Bank shorted Washington Mutual Bank, with 120 million shares, with a position of $3.00 per share. Washington Mutual Bank went bankrupt, and the financial turmoil tonight was intensified because the $700 billion rescue plan was good for the stock market, while Washington Mutual Bank's bankruptcy was bad for the stock market. The negative news and good news were intertwined, and no one knew how the stock market went tonight.

But what is certain is that the share price of Washington Mutual Bank will fall to be worthless.

At this time, Huang Shaokai asked: "Boss, are we going to clear the stock of American International Group tonight?"

Nowadays, the share price of Aig has fallen very low and seems to be able to close the position.

Taking advantage of the huge negative news brought by Washington Mutual Bank this time, the stock price of aig Group will definitely plummet at night, which is a good opportunity to close the position!

Zhang Dexi also said, "This Indian has not closed its position yet. Mr. Huang, we don't have to hurry."

Blackshirt Insurance Company shorted 5 million shares of Aig Group, of which 2 million were borrowed from India Industrial Trust Investment Bank and India’s private pensions. In order to block Blackshirt Insurance Company, Tata Consortium bought 6.5 million shares of Aig Group’s shares.

The Indians should be anxious now.

Wu Zhankun also said: "Yes, this Indian should be anxious, right?"

They fought with Indians many times in the stock market, from Fannie Mae, American International Group, Washington Mutual Bank, and Citibank, and there may be some in the future because they will short more bank stocks, such as Wells Fargo, Bank of America, HSBC, and Hang Seng Bank. As long as Indians dare to come, they will continue to do it.

Now that Washington Mutual Bank has gone bankrupt, it will cause the stock price of ASI Group and Citibank to plummet.

Indians will suffer more losses. The last time Indians planned to negotiate, but the Blackshirt Insurance Company gave a price of US$50 per share settlement, but the Indians disagreed and left it alone.

The share price of American International Group has fallen below $40 per share, and Indians are in a hurry tonight.

Wang Juehao smiled and said, "I don't know if the Indians will call us tonight and beg us to close the position and return the stocks to them."

Last time, Sandep Batra of the Indian Industrial Trust Investment Bank called for negotiations and wanted to settle the settlement at a price of US$100 per share. He also claimed that the share price of Aig Group will not continue to fall. It is ridiculous to think about it. Now the share price of Aig Group has fallen to US$39.00 per share, and the face of India has been swollen.

He speculated that the Indians might come to ask for negotiations again tonight.

Bai Weiqiang also smiled and said, "We rejected the Indians this time. I wonder if they still have the face to call us to negotiate?"

Wu Zhanhai also smiled and said, "This Indian is suffering from face and suffering. I don't think they will call me."

Lu Jianyan also said: "Maybe the Indians can't stand it anymore, they may be negotiating with us."

Li Guangyu also asked: "If the Indians negotiate with us this time, should we accept it?"

Guan Zhenyi: "If they really call for negotiations, I think it's acceptable."

Wu Hongsheng: "The price is settled at $35 per share, can they accept it?"

Lin Jiyang suggested, "I think the settlement of $30 per share is suitable after all."

At this time, Wang Guanxi smiled and said, "Let's wait and see how long this Indian can resist!"

“Yes, boss”

Time passes slowly.

The panic about the bankruptcy of Washington Mutual Bank is still fermenting, and European stock markets are also falling across the board.

And all kinds of news came.

8 pm.

[White House Spokesperson: $700 billion in financial rescue plan will be passed]

The White House Chief of Staff: Acknowledging that members of Congress have the right to express their doubts and inconsistent views, but he declared that members of Congress must "adapt to the contrary" and approve the bailout plan aimed at preventing the economy from falling into a recession.

President Bush said: There are differences in all aspects of this rescue plan, but there is no difference in the issue of having to do something big. We must pass a rescue plan.

On Wall Street, the tensions of financial institutions are clear at a glance, especially after Washington Mutual became the largest bank to collapse in U.S. history.

You should know that in the Fortune Global 500 rankings in 2008, Washington Mutual Bank ranked 318th with operating income of US$25.531 billion. It would be bankrupt if it went bankrupt.

Now market concerns that the economic crisis will deepen will prompt investors to buy relatively safe Treasury bonds.

Tonight, the US five-year Treasury bond will be a popular asset.

It's the morning of the United States. Although the US stock market has not opened, many people have woken up and started to pay attention to financial news.

Seeing the bankruptcy of Washington Mutual Bank, I don’t know how many American investors are furious, regretful, and at a loss!

"Oh, this Washington Mutual Bank goes bankrupt if it says it goes bankrupt, bastard!"

"Grass"

"I'm paralyzed, what's the ceo for this dog-dollar?"

"Didn't you agree to negotiate with Citibank and Morgan?"

"Grass, damn it, I have no money"

"Ah!!! I heard before that Washington Mutual Bank would be acquired at a premium, so I mortgaged the house to buy Washington Mutual Bank. Now it's over!"

···

Not only retail investors, but also major shareholders of Washington Mutual Bank.

In particular, its independent shareholder Stephen Frank, who will become chairman of the board of directors of Washington Mutual Bank on July 1 this year

After only three months of being the chairman, Washington Mutual Bank went bankrupt. He was so angry that he couldn't sell it. No one wanted it. Citibank and Morgan Bank all disliked the high prices.

The stocks he holds will also become waste paper after the opening of the US stock market!

10% stake!

"Grass!!" He angrily threw the cup to the ground.

And the CEO and executive director Kelly Killinger comforted him: "Frank, think about it!"

He also owns a small amount of shares, but has sold most of them.

Tiffan Frank sighed in great loss: "My God has abandoned me."

At this time, the phone rang, and it was called by Telly Alonso from Detay Investment Company (TPG).

Founded in 1992, tpg is a world-leading alternative asset management company with assets under management of more than US$108 billion. Its investments cover a variety of asset classes, including private equity, growth funds, real estate, credit and public funds.

According to the magazine "Private     equity    iiopg ranked among the top ten largest private equity fund companies in the world from 2005 to 2007.

Today, TPG has investment and operation teams in 16 cities around the world, with office cities including Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul and Singapore.

Its subsidiary has multiple investment platforms, such as tpg capital, tpg Asia Capital, tpg growth fund, tssp special opportunity fund, tpg influence investment fund, etc., which have invested in more than 500 companies around the world.

He is one of the first global private equity investment companies to enter Huaxia, covering financial services, healthcare, consumer retail and technology, media, technology, media, telecommunications (tmt) and other industries.

Such a large private equity fund suffered heavy losses this time on Washington Mutual Bank because in April, TPG raised $7 billion in funds for Washington Mutual Bank, and this huge investment almost lost all its money. This shows how angry Telly Alonso is of CEO from DeTay Investment Company (TPG)!

He had just been on a business trip in Asia and had not had a rest for two busy days. When he woke up, he saw the bad news about Washington Mutual Bank!

Terry Alonso cursed at the phone: "You fool, idiot, didn't you say Citibank and Morgan Bank must have acquired Washington Mutual Bank at a premium?"

Tiffan Frank also failed to withdraw, and was scolded so hard that he was scolded. This is not the first time he was scolded so hard that he was scolded so hard.

The two are still friends, and at the beginning, Tiffan Frank suggested that Telly Alonso raise funds for Washington Mutual Bank.

"Telly Alonso, open the stock market and sell as much as you can"

This time, the stock price of Washington Mutual Bank was probably falling into shit at the opening. It would be good if it could get tens of millions of dollars. The 7 billion dollars was lost. He felt very ashamed, but there was nothing he could do. Now that things have come to this, he was powerless.

Currently, the share price of Washington Mutual Bank is at $1.70 per share. After the opening, it may directly turn into $0.17 per share, right?

On the phone, Terry Alonso scolded: "You fool, can I get back $70 million for my $7 billion now? Tell me?"

Tiffan Frank nodded: "It should be possible"

Washington Mutual Bank has gone bankrupt and has so many debts, and is insolvent. If it goes bankrupt and liquidate, it will have to pay back the debt first. Basically, the shareholders will lose all their money.

So after the stock market opens, sell as much as you can, especially many short sellers who short Washington Mutual Bank will close their positions!

For example, Goldman Sachs Bank and Hong Kong's Black Shirt Investment Bank.

Thinking of this, he spoke: "Telly Alonso, you can contact Goldman Sachs Bank, Hong Kong's Blackshirt Investment Bank and Standard Chartered Bank, and recommend that they close their positions."
To be continued...