Chapter 949 Assignment of Work
When Xiao Peng said that they would complete the rest of the work themselves, everyone was stunned and looked at Xiao Peng with confusion.
Xiao Peng waved his hand and said, "Don't look at me with such surprise. Let me be honest with you. Originally, I planned to let Ma Xiao work alone with the 'Calypso' to test his ability; then the 'Luna' would go directly to the South Atlantic Anomaly. But this time these trolls have pissed me off. Chen Cheng, I have only one request: no poaching ships are allowed within a hundred nautical miles of the 'Luna'. All those who appear within this range will be arrested, no matter which country they are from!"
"Hiss!" Everyone gasped. Xiao Peng was truly furious! A hundred nautical miles in radius? That's a pretty wide range of impact.
How much will this cost? This is such a losing proposition!
Xiao Peng took out a cigarette and lit it. "I've already contacted China. The remote sensing satellite has been in the waters nearby. Satellites can't pass through the South Atlantic Anomaly, but there's no problem here. The Luna is running back and forth between Saskatchewan and Morocco. Just try your best to catch it! Don't worry about the remote sensing satellite rental and postage!"
Hua Chong whistled, "Well, now we've become good friends of the African people. We're helping them catch illegal fishing regardless of the cost."
"Don't care about money! We are not Fabian." Xiao Peng said.
After hearing Xiao Peng's words, everyone nodded.
Fabian was unlucky: most of his wealth was not actually earned by salvaging shipwrecks.
He first made a fortune participating in the "leek-cutting" scheme at Istanbul Union Mining in Turkey, and then made another fortune when Xiao Peng brought down British TV Channel 4. This gave him a mysterious confidence in finance, believing he was a financial prodigy favored by God, and he actively entered the financial market and started playing with funds. Unfortunately, he encountered the "margin call of the century." He had originally been cutting leeks, but he suddenly found himself among the leeks.
The U.S. stock market has been on a super bull run recently, with the three major stock indexes continuously setting new historical highs. It was a bull market, but Chinese stocks plummeted. The top 20 Chinese stocks in the U.S. stock market lost $187.3 billion in market value in a week!
Fabian, on the other hand, had heavily leveraged holdings in several Chinese concept stocks, only to be caught in a sell-off. His wealth shrank to a third in just one week! Add to that his investment in Turkey, which suffered another financial collapse, and he's now practically back to square one.
Xiao Peng deserved the consequences for his investment in Turkey's financial sector. When they went to the Black Sea, Xiao Peng had predicted a complete collapse of the Turkish financial system, but he didn't believe it (see Lao Yang's prediction from a few months ago). Now he's suffering the consequences!
Of course, he is not the worst-hit. The worst-hit person in this epic century-long margin call is a Korean named Bill Huang. This guy is directly nicknamed "leek yellow" and created an unprecedented personal margin call record of 15 billion US dollars!
Compared to him, Fabian's experience was nothing but child's play.
Bill Huang has been cutting leeks all his life, but he never expected that he would become a "leek" in the end.
The mastermind behind this "century's margin call" was once again pointed to Goldman Sachs.
Goldman Sachs, the world's oldest and largest investment bank, has always had a bad ending for those it targeted. In the US, Goldman Sachs essentially has the final say, possessing both money and power. They dominate politics and business, unstoppable. The White House is even nicknamed the "Goldman Sachs Administration."
Matthew Taibbi, president of Rolling Stone, once vividly described Goldman Sachs: "The first thing you need to know about Goldman Sachs is its ubiquity." Almost every US Treasury Secretary has been a Goldman Sachs alumnus, and many other high-ranking officials also graduated from the firm.
The American government may come and go, but the Goldman Sachs gang remains.
Goldman Sachs is known for its relentless pursuit of profit in the financial markets. The collapse of Lehman Brothers directly triggered the subprime mortgage crisis, which ignited the global financial crisis. However, Goldman Sachs profited immensely by shorting subprime mortgages, earning $11.6 billion in one fell swoop. Goldman Sachs was also behind the Greek debt crisis, which devastated the entire European Union, leaving Europe reeling from the effects of that debt crisis to this day. Events like the "Dubai bubble" and the "euro crisis" were largely orchestrated by Goldman Sachs.
They are very familiar with cheating China!
Over a decade ago, China Aviation Oil was directly ripped off, losing $500 million and nearly bankrupting it. A few years ago, China Petrochemical and Huaxia Petrochemical were ripped off billions! Then there was the CNOOC crude oil betting scandal, the unimaginably negative plunge in the crude oil treasure market, Air China, China Southern Airlines, China Eastern Airlines, China Ocean Shipping, Northwest Mining, Hepalink... The list of victims could easily fill a row!
Goldman Sachs's dominance in China's capital markets ultimately stems from Chinese companies' limited understanding of the financial landscape. Chinese people are entering the financial markets too young! Look at China's so-called "gold medal investors": they're generally in their thirties, with forty considered "veterans." And look at the Americans? Sixty-year-olds are considered young! If they've had more rice than you, who will suffer if you don't?
Every time Goldman Sachs comes up with a dazzling array of financial instruments, it is easy for state-owned enterprises to be blinded by them. How can individuals like Fabian compete with them?
This "crash of the century" essentially ruined the entire global hedge fund industry. And what about Goldman Sachs? They pulled off another "grand escape," having already sold a whopping 10.5 billion worth of Chinese concept stocks before the "crash of the century." Who would believe there wasn't something fishy going on?
Regardless, Fabian lost everything this time, but his mentality remained positive. As long as the ocean salvage company was still around, he would definitely have money. Besides, he was still a wealthy man...
Of course, after what happened to Fabian, no one around him would enter the financial market again: the water is too deep, if it were someone else, they would have jumped off the building long ago!
"Boss!" Walter asked, "You won't direct our work?"
Xiao Peng nodded: "That's right, I won't stay on either the 'Calypso' or the 'Luna'."
"Then where are you going?" Walter asked puzzledly.
"I'm going to the South Atlantic Anomaly!" Xiao Peng said, "You can go on this trip by yourself. This trip is very important to me."
"Boss, how are you going to the South Atlantic Anomaly? The 'Luna' and the 'Calypso' are both on missions here, and you don't have a ship!" Walter said.
Xiao Peng grinned: "But I have money!"
Everyone: “…”
This reason is really irrefutable.
Xiao Peng said, "Don't worry about my safety. After dinner, Ma Xiao, you guys go back to the Calypso to figure out how to proceed. The Luna will go to the Madeira Islands to drop me and the maids off. I'll bring a satellite phone to keep in touch. It's settled!"
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