Chapter 816 Michael Bray Asks for Help

Chapter 816 Michael Brey asks for help

Three o'clock in the afternoon, New York, not far from Wall Street, a coffee shop on the corner of a certain street.

Deep in the store, Luo An and Michael Bray were sitting opposite each other, with no one else around them.

"Those cousin-raised bastards..."

Unlike Roan, who was calm and took his cappuccino to taste it slowly, Michael Bray had a very ugly expression on his face. He cursed under his breath for a moment and asked:

"Luo An, you had expected this to happen, right?"

Michael Bray believes in numbers. Many things in this world cannot be judged as correct or not, but numbers can. If the calculation result of numbers is right, it is right, if it is wrong, it is wrong, and if it is not, it is not.

Based on this, Michael Bray calculated that federal housing prices will inevitably begin to decline in 2007 based on federal mortgage default rates, housing arrival loans and other data.

In 2005, Michael Bray approached a Wall Street investment bank and creatively proposed the creation of CDS, a financial product based on legal gambling based on federal housing prices.

In the next two years, Michael Bray has been ridiculed as a fool, but he doesn't care, he knows that the final winner must be himself.

It was now mid-February 2007. As he expected, the federal mortgage default rate was gradually rising at a speed visible to the naked eye, but the price of mortgage bonds had not declined.

In other words, Michael Bray's judgment is correct, but federal housing prices have not fallen.

There was no problem with the data, and the facts were in front of him. Michael Brey could not put aside the facts. He carefully analyzed this "free market" that did not develop according to normal logic, and finally came to the conclusion that he least wanted to see it. Conclusion reached:

The federal mortgage market is manipulated, housing prices are controlled, and various departments of the entire federal financial system are working together to defraud retail investors, and they are even defrauding each other.

"This is Wall Street, Michael."

Looking at the dark circles on Michael Bray's face, Luo An smiled and said:

"The Federation is a capitalist country. Players have their own ways of playing, and bankers naturally have their own routines."

"Mother-fu-ker! Son of a bitch!"

Michael Bray understood the meaning of Luo An's words. He inserted his fingers into his hair and cursed in a low voice again with an angry face.

After a long silence, Michael Bray slowly raised his head and said in a slightly hoarse voice:

"Roan, I need your help."

"you say."

"I need some funding."

The various names in CDS, a financial product, are very fancy, and many people feel that they don’t understand them at all.

But in fact, the financial product itself can be simply understood as two strangers betting on Lao Wang's car. A bets that the car will have an accident, and B bets that the car will not have an accident.

Among them, A, who bets that there will be a car accident, has to give B a sum of money every month. If Lao Wang's car never gets into an accident, A will have to keep paying.

But as long as Lao Wang's car has an accident, B, who bets that there will be no accident, will have to pay A a large sum of money, and A wins the bet.

Lao Wang’s car is federal housing prices, A is Michael Bray, and B is the investment banks.

Michael Bray said that in his plan, federal housing prices will fall by February 2007 at the latest, so he has only prepared so much monthly premiums to be paid to investment banks.

Now federal housing prices have been as stable as a mountain, and March is only half a month away. Next month's premium still requires a large amount of funds, but Michael Bray can no longer afford it.

Facing Michael Bray, who had red eyes and a pleading look on his face, Luo An chuckled, showed a sunny smile, and said:

"We're friends, Michael, and friends should help each other, right?

How much money are you short of? Tell me a number. "

Michael Bray's eyes lit up instantly, he clenched his fists tightly, and almost jumped out of his chair in excitement.

Michael Bray has normal sexual orientation and does not like men, but now he feels that Roan is definitely the most handsome man he has ever seen!

Especially the last sentence "say a number", Mother-fu-ker, Michael Bree finally understands what those women feel like.

After taking a few deep breaths and trying to suppress the excitement in his heart, Michael Bray said with a serious face:

"It's about $23 million."

Michael Bury holds more than three billion US dollars in his hands, but he has forcibly tied up these funds from investors. Those investors also do not understand and disagree with Michael Bury's bearish behavior on federal housing prices.

For two years, those people had been clamoring to divest from Michael Burry's company, which put Michael Burry under a lot of pressure.

Among the people Michael Bray knows, only Roan agrees with him, and he is also bearish on federal housing prices, which makes Michael Bray once have the idea that he and Roan are the only smart people in the world.

"$23 million..."

Hearing this number, Luo An frowned slightly. Michael Bray's heart skipped a beat when he saw this scene and asked quickly:

"Is the number too big? Otherwise..."

"No."

Luo An shook his head and asked:

"This number you are talking about is the premium for one month in March?"

Michael Bray was stunned for a moment, then nodded:

"That's right."

Roan shook his head slightly, took a sip of coffee, and said:

"This money is not enough. I can provide you with 80 million US dollars first. Contact us later if you need it."

Hearing Roan's words, Michael Bray was immediately excited, shocked and excited. Soon he realized the problem in Roan's words and asked in a low voice:

"Roan, do you think those people will control the federal housing prices for a long time?"

"I'm not sure."

Roan put down the coffee cup, looked at Michael Bray deeply, and said in a low voice:

"But I know one thing, the dealer will not let himself lose money."

Michael Bray understands numbers and data, Roan does not understand these, but he understands the rules of the game in the country of the Federation.

"This group of garbage that should be thrown into the cesspool..."

Understanding the meaning behind Roan's words, Michael Bray cursed again with an ugly face. Roan smiled and didn't care much. He found his mobile phone and called the bank and transferred 80 million US dollars to the account provided by Michael Bray.

After chatting for a while, Michael Bray was excited to check out and left first. Roan was not in a hurry to leave. He still had to wait for people here.

Time passed by minute by minute, and more than half an hour later, a white man, also in a suit and with a tired face, pushed the door and walked into the coffee shop.

When the man saw Luo An, he walked straight to the table where he was, sat down on the chair, waved his hand to signal the waiter and asked for three cups of coffee directly.

"Good afternoon, sir."

Roan looked at Trick Kennedy, who had the same dark circles under his eyes as Michael Bray, and asked in surprise:

"What's wrong with you? Is the case of the Trial Process Church so difficult to handle?"

Trick Kennedy picked up the coffee and drank it all, wiped his mouth and smiled bitterly:

"It's not the Trial Process Church, it's..."

Halfway through, Trick Kennedy suddenly stopped, waved his hand and changed the subject and asked:

"Roan, why did you come to Wall Street?"

"I have some investments on Wall Street, and I will come here to take a look when I have time."

Roan replied casually:

"The dollar is depreciating faster and faster, and if I don't invest, I will only lose more and more."

Trick Kennedy nodded in agreement, chatted for a while and then got to the point, saying:

"I came to you this time, there are two good news."