Chapter 388
When Xing Baohua woke up in the morning and saw the bright sunshine outside the window, she knew she had overslept again.
Remove that snow-white arm from your body.
First, walk up to the TV, turn it on, and turn the volume up before going into the bathroom.
The princess was woken up by the television and reluctantly got out of bed.
Xing Baohua brushed his teeth as he walked out, glancing at the news on TV. The news being broadcast at that moment mainly focused on how the US government was taking measures to rescue the market.
Lower bank interest rates.
Injecting capital into investment banks and banks, providing guarantees for pillar industries, and so on.
In fact, these kinds of messages are enough to pique one's interest.
Under normal circumstances, it might have been effective.
However, the exchange uses a large number of computer systems as trading programs.
Moreover, Monday's trading resulted in a large number of sell orders being placed at the bottom.
Without buying interest, the decline will continue unless orders are cancelled immediately.
Even a surge in sell orders can overwhelm servers and trading systems, let alone a large number of order cancellations.
The exchange's system is likely to be overwhelmed again.
Xing Baohua called the staff on duty at the company and asked them to find an advertising company first, because he wanted to edit the previously filmed transaction videos into advertisements.
This is the best time to sell computers.
No lag, no delays, no congestion, fast response speed – that's how we introduce the benefits and functions of the Rice PC.
The main components and operating system of the computers are from the United States, so why are their computer systems congested while Xing Baohua's branch office computers are not?
It's actually crowded and slow, but this guy is just exaggerating and downplaying the problem.
It's just not immediately apparent that the orders placed before the market opened on the day of the crash were pending orders, not actual transactions generated during the crash itself, so the issue isn't immediately apparent.
Moreover, most of his trades are done in advance.
So when you look at the data during a market crash, it shows the amount of money his trading software liquidated.
When people try to showcase their computer's speed through editing, they often overlook the server itself.
Anyone with even a basic understanding of network technology can see that without server support, no matter how fast your computer runs, it's useless.
There's a lot of inventory piling up in the warehouse, so stimulating sales now might just boost them.
The editing was left to Huang Xingyao. Xing Baohua had breakfast with the princess and then went to see the Statue of Liberty and rented a private yacht to go out to sea and sunbathe.
While Xing Baohua was leisurely strolling around.
Collins of Lehman Brothers faced some criticism at headquarters.
The bet with Xing Baohua was approved by the board of directors, and now the questioning of it seems like a form of settling scores after the fact.
The stock market is currently experiencing a significant drop, especially the Dow Jones Industrial Average, which fell by more than 500 points on the first day. Fortunately, trading was suspended, otherwise it could have fallen to over 1,000 points on the second day, exceeding the agreed-upon threshold.
If you're about to lose the bet, you have to think of something, right?
This money belongs to the board members; losing it would be painful for everyone. Life was already tough enough; now they have to come up with billions to pay out.
It seems our own technical analysts aren't very good. Should we poach the analysts working for Xing Baohua?
This was a suggestion, but the suggestion has been postponed. The current issue is how to avoid losses when we are on the verge of defeat.
Some people suggested talking to Xing Baohua and giving him some money to settle the matter.
The proposal received support from several people.
What if they disagree and insist that Lehman Brothers fulfill the agreement and pay compensation?
"Find a lobbying team to persuade the government to leave the money in America, so they can't take a single penny," another shareholder suggested.
“Collins, make an announcement on Wall Street and see how many people are betting against Xing. See if you can unite to put some pressure on him,” said the largest shareholder.
"Pressure is already being applied. Many people have gone to his company to protest, and the investigation bureau is also investigating. Just know that he has cooperative relationships with several other banks, so we may not necessarily have the upper hand."
That's true. If Xing Baohua were to suffer too much, banks like HSBC, Citibank, and Morgan Stanley would not stand by and watch.
Lehman Brothers lost some of our valuable clients; imagine how much revenue that will reduce!
"Can't we just watch our money go into other people's pockets?" a burly shareholder roared as he stood up.
"Hey Bob, calm down. I think the US government is providing some funding, right? If we lose, we can use that funding as a wager?"
"You think Morgan's people will help you? Joel, don't be naive. Morgan, as a third party, is also trying to squeeze our living space."
What was supposed to be a condemnation meeting turned into a discussion, and then into a debate.
The meeting lasted almost a whole day, but no results were reached.
Collins was dismissed from his post that evening.
The newly appointed branch manager, Bayarijo, also took office the following day.
The first thing he did after taking office was to meet with Xing Baohua, and at the same time he ordered an investigation into how many companies on Wall Street were betting against Xing Baohua.
After accompanying the princess to sunbathe in the sea, Xing Baohua took her to the airport.
Having just seen off a partygoer, Xing Baohua estimates that he won't be able to make up for it even in March, given that it was only two days.
The fourth day is the opening day.
All company employees arrived at the company early, paying close attention to the opening data.
Xing Baohua got out of the car at the company entrance. There were quite a few people protesting with banners. Hmm! Not bad, there were also police officers maintaining order.
As Xing Baohua was about to go upstairs, a guard quickly told her to leave. No sooner had he finished speaking than eggs and tomatoes flew over.
Goodness, thank goodness it wasn't a giant pineapple!
Otherwise, all of them will be out of work. We need to find a way to get these people away, in case an extremist appears in the crowd.
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