I am the only one who practices magic: I practice magic in the city

Chapter 456 I'll Go With You (4000)

Brainless fans fight against Xiaoxiba.

Facts have proved that brainless fans are the first fighting force.

The Korean trolls, one of the five permanent members of YouTube, are nothing compared to the brain-dead fans.

The Goryeo leader has the power to declare martial law and implement social media controls, but in the current situation, the current leader's orders cannot be issued from the Black House, the former leader is covered in shit, and the opposition has no power except for shouting loudly. It can be said that all three parties are dysfunctional, and there is no question of control.

What makes people like Jiang Dongxian suffer is not only that the Goryeo upper class tacitly acknowledged the authenticity of the Mai army's attack on Hancheng, but also that they feel that their national self-esteem and pride have been ruthlessly trampled upon!
In the past, no matter how people from other countries commented on them as clowns, they could always ignore it with their strong sense of belief that could distort reality.

But now, that sense of faith is shattered.

What made Jiang Dongxian particularly upset was what a big fan of Zhou Shang Jimin said to him.

"Why don't you also apply for the phrase 'small but cute' to be listed as a world heritage site? This is your traditional culture."

The epic strengthening of the crazy fans of Korean stars.

This shows that some waste is just not used in the right place.

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Camp Humphreys' overreaction not only extinguished the anger of the Koreans, but also poured cold water on the already trembling Korean financial market.

Korea's stock market, bond market and foreign exchange market suffered a triple blow!

Hundreds of trillions of dollars in assets were wiped out in the blink of an eye!
Everyone knows that Luan Xiuxian's Zheng Zhi's life is over, and whether he can save his life is still an unknown.

But this is just the beginning.

The Korean financial market is said to be highly open and the sources of funds are widely dispersed, but when these funds are traversed several levels, they are still basically Angolan funds controlled by the Judeans.

It can be said that Goryeo's financial confidence comes from Malaysia.

But now, this incident itself is related to Miami. Even though Obama made three televised speeches in two days, reaffirming the alliance partnership between China and Korea, due to the impact of the "Camp Humphreys Massacre" caused by the people's attack on Camp Humphreys yesterday, the risk aversion of hot money has increased significantly, and high stocks, high bonds and high currencies have continued to fall, with the decline far exceeding the financial crisis 18 years ago.

Logically speaking, as the world's 12th largest economy, once a crisis occurs in Goryeo, international investors' confidence in emerging market countries including Dazhou will also decline, and safe-haven funds will flow back to traditional capital markets such as Mai and You, causing overall pressure on the Yazhou capital market and triggering a larger-scale "risk aversion wave."

But unfortunately, due to the impending risk of "anti-Qiu" in Mai Country, international buyers did not dare to flow funds back to Mai Country. As a result, Goryeo's safe-haven funds flocked to Wajing and Da Zhou.

The 10-year weekly treasury bond yield plunged 48 basis points in a single day, and the weekly bond composite index soared 1.8%! (Note 1)

Of course, a considerable number of them have also poured into the Bitcoin market.

Bitcoin experienced a surge in early May due to the safe-haven sentiment caused by the Devil's Island incident, rising from 5 Mauritius dollars to 450 Mauritius dollars in two weeks. It has just recently adjusted back to around 1500 Mauritius dollars, but now, the price of Bitcoin has almost skyrocketed, rising 1000% in a single week, and directly breaking through the 200 Mauritius dollar mark.

Although miners transferred 5 BTC to exchanges in a single day, the depth of buying still kept the price firmly above $3000.

In this crisis, BlackRock became the investor with the worst losses.

BlackRock holds about $300 billion in Korean stocks through ETFs such as iShares and EWY and active funds, accounting for 7% of its emerging market equity position.

As the Korean stock market plummeted, direct losses in the stock market alone exceeded 100 billion Malaysian won.

Korean-themed ETFs such as EWY suffered redemptions of tens of billions of dollars in a single day and were forced to sell at a discount, which impacted costs and increased losses by more than 200 million dollars.

At the same time, it held 6 billion in Korean bonds and corporate bonds. This time, the decline in the bond market and the depreciation of the exchange rate resulted in a loss of more than 2 billion.

In addition, BlackRock also hedged the Korean won risk through forward contracts, but because the Korean won depreciated by more than 10% in a single day, the hedging ratio was insufficient, resulting in an additional loss of million Malaysian dollars.

Coupled with a series of chain losses such as derivative losses and collateral depreciation, BlackRock lost more than 1 billion Malaysian dollars in Korea this time!

CEO Larry Fink convened an emergency board meeting and announced a suspension of stock repurchases to preserve capital.

During the meeting, Larry Fink's face was livid. The third quarterly report was about to be released, and it was foreseeable that "BlackRock Yazhou's equity position impairment exceeded 10 billion US dollars, setting a record for the highest in a single quarter" would become the headlines of various financial media next month.

Jiang Nanzhen, who had just joined the BlackRock Executive Committee, took the opportunity to put pressure on the operations team and fired Kim Jae-hyun, the head of BlackRock Korea, on the same day. At the same time, in the name of righteousness, he forced the board of directors to agree to a compliance investigation into the chairman of the Asia-Pacific region, Rainstock.

Capito, who had been keeping an eye on Si Ling Si, was surprised to find that in this round of capital market reshuffle, Si Ling Si was unscathed.

Although this is related to the fact that the other party did not invest in the Korean stock market, 404 mainly deals in Mai stocks, and this round of financial crisis also affected the Mai stock-related sectors.

Judging from the changes in Silingsi's positions, Silingsi adjusted his positions and strategy combinations immediately after the first round of crisis in Goryeo, thereby controlling the losses to an extremely low range.

At that time, due to the overall economic situation in Goryeo and the third-quarter economic growth forecast for Goryeo released by Goldman Sachs, the entire market was still very optimistic about the Goryeo sector.

The Woking system has once again proven that it is the world's strongest risk factor identification system.

The continuous black swan events made Robert Capito and the BlackRock board of directors more determined to acquire 404.

No matter what the cost, we must get the Woking system as soon as possible!

"Jane, how is your communication with Si Lingsi going?" At the executive committee meeting, taking the opportunity to speak, Robert Capito looked deeply at Jiang Nanzhen.

Those who have liked a female subordinate but didn't have the courage to make a move know that because they are afraid that others will discover their secrets, they generally don't stare at the female subordinates closely, but instead observe them secretly with the corner of their eyes or a quick glance.

That is to say, only during such meetings and questioning sessions can one take a look openly.

Jiang Nanzhen said seriously, "We have communicated with them. They should be willing, but not strong. The three founders of 404 told me that they don't want to discuss acquisition in the short term. They prefer to operate stably for about three years before contacting potential acquirers. In addition, I also invited them to come to New York for another talk, but they don't have a visa. It will take at least half a month to apply for it."

Robert Capito nodded. Silingsi's reaction was not unexpected. Many well-run startups tend to operate for a few more years before discussing mergers and acquisitions in order to obtain a higher premium.

The acquirer is generally willing to wait a few more years. After all, with more actual results, the investment risk of the acquisition can be reduced.

But Si Lingsi has the Woking system.

Over the past six months, black swan events have occurred frequently, and the final candidates of both parties in the US presidential election have not yet been decided, which has added uncertainty and risks to the financial market. No one knows better than him and Larry Fink how important it is for BlackRock to have a model that can more accurately identify market risk factors at this time.

Robert Capito coughed and was about to speak, but Larry Fink, who was sitting in the CEO position, spoke first.

"Jane, I don't care what method you use, you must make this deal as soon as possible. You need to prove to me that you are qualified to sit here, instead of using all kinds of excuses to explain!"

"They need a visa to come to Mai Country. Do you need one to return to Da Zhou as well? Wherever the battlefield is, that's where our commander should be! As the person in charge of this case, you should be clear about this!"

Larry Fink knocked on the table with his knuckles, and an invisible pressure came towards Jiang Nanzhen.

Jiang Nanzhen lowered her head and smoothed her hair.

Seeing this scene, Robert Capito moved his body unnaturally twice. He wanted to speak out to help, but he couldn't find a suitable reason.

None of the other executive committee members, including fellow women Barbara Novick and Geraldine Buckingham, spoke.

Jane was indeed excluded!
Robert Capito clenched his fists in pain, took a deep breath, and was about to cough to help Jiang Nanzhen out of the predicament, when he saw Jiang Nanzhen raise her head, look at him, and bite her lip.

"I understand. I will arrange Da Zhou's itinerary immediately and try my best to facilitate this deal."

"Not try, but must!" Larry Fink waved his hand. He and Robert Capito have completely different leadership styles.

Robert Capito is calm and meticulous, while he is full of passion and courage.

He is responsible for formulating strategies and building relationships, while Capito is responsible for strategic execution and group operations. The two complement each other very well and have always worked together seamlessly.

"Got it, Larry. I'll book a ticket for tomorrow."

Jiang Nanzhen seemed to be completely suppressed by Larry Fink's aura, and a layer of hazy mist seemed to appear on her crystal eyes.

Seeing Jiang Nanzhen's look, Barbara Novick, one of the three founders of BlackRock who had followed Larry Fink and Robert Capito from the beginning, couldn't help but push her glasses on her nose in disgust.

Robert Goldstein was the person she recruited into BlackRock 22 years ago. Goldstein was about the same age as her younger brother who died when he was years old, and she always treated Goldstein as her own brother.

Goldstein's ability to be so successful within BlackRock, rising from a small analyst to the head of the company's business department, was inseparable from the support of Barbara Novick in addition to the support of Robert Capito.

In her opinion, this woman was the culprit who caused Goldstein to be punished!

Stupid Da Zhou woman, do you really think that Capito's nomination of you as an executive committee member is a recognition of your ability? He just wants to acquire that small company in Da Zhou!

I have talked to Capito a long time ago. A cold-blooded man like him will immediately turn you back to your original form as soon as you have no value!
There was a flash of coldness in Barbara Novick's eyes. She was about to help Larry Fink continue to put pressure on Jiang Nanzhen when she heard Robert Capito's voice beside her.

"I will go with you!"

Robert Capito's magnetic voice echoed in the Executive Committee meeting room.

Everyone looked at the bald guy in surprise, even Larry Fink had a puzzled look.

Isn’t this old bald guy the most reluctant to travel? He is unwilling to attend many meetings held by sovereign funds of many countries because he thinks the journey is too long.

It takes at least 12 hours to fly from New York to Dazhou.

Moreover, this is obviously putting the responsibility on himself if the woman fails in the negotiations, right?

Although everyone knows recently that this woman from the Great Zhou Dynasty is highly valued by the Capitoline, isn't it a bit too much to value her to this extent?
Could it be that……

Seeing everyone's gaze, Robert Cappi turned to look at Larry Fink with an apologetic look on his face: "Larry, this deal needs someone who can make the final decision immediately. You can't hear gunfire in an office on Park Avenue."

After saying this, Robert Capito glanced at the executive committee members with a frank and upright look.

Seeing Robert Capito's slightly apologetic expression, Larry Fink's mind turned slightly, and he suddenly realized that he understood the other party's thoughts.

If Goldstein had not been demoted, he would have personally taken charge of such an important acquisition to ensure that everything went smoothly.

This old bald guy is still blaming himself for what happened to Goldstein.

It turns out that the old friend is the most reliable.

Larry Fink couldn't help but smile with satisfaction, nodded, and almost said, "I'm pleased."

"Melinda, help me prepare all the visas for the Great Zhou as soon as possible and make an appointment with the embassy. I hope to get the visa today."

Robert Capito acted decisively and immediately called his assistant to ask her to arrange the itinerary.

"Also, please make an appointment for a flight to Da Zhou tomorrow or the day after tomorrow. Please discuss the specific destination with Jane, yes, Chief Compliance Officer Jane."

After hanging up the phone, Robert Capito glanced at Jiang Nanzhen seemingly casually: "Jane, don't book a ticket. You and I will take the same plane. Larry is right. The commander should be where he can hear the gunfire. We don't have that much time to waste. I need to discuss this acquisition strategy with you on the plane."

BlackRock has three business jets, two Gulfstream G600s and one G650.

For security reasons, BlackRock's board of directors required Larry Fink and Robert Capito to use business jets for both business and personal travel, and not commercial passenger planes.

Jiang Nanzhen nodded quickly and gave Robert Capito a grateful look.

Seeing Jiang Nanzhen's gaze, Robert Capito couldn't help but feel moved at heart, filled with self-admiration for the sacrifice he had made for love.

However, he did not realize that Jiang Nanzhen's grateful eyes contained a hint of playfulness and excitement like a cat and mouse.

Should the commander be where he can hear the artillery fire?

Since you like to hear the sound of cannons so much, maybe the master will let you hear enough~~~
(End of this chapter)