The Great Sage Returns from Ten Years of Imprisonment

A dozen minutes later, Director Fang and the others left the office and went about their own business.

Lingyun's newly formulated action plan targeting Goldman Sachs' crude oil futures division still needs to be reported to the State Administration of Taxation and the State-owned Assets Supervision and Administration Commission.

Only with the approval of the State Administration of Taxation and the State-owned Assets Supervision and Administration Commission can this retaliatory plan of luring the enemy into a trap truly unfold.

As soon as the door closed, Ling Yun immediately took out his encrypted phone and made a call to Chairman Zhao of Yuanda.

He told Chairman Zhao over the phone.

From now on, the Yuanda crude oil futures investment team is preparing to completely reverse its short position and start going long on international crude oil futures.

After discussing the adjustment of investment strategy, Lingyun went on to talk about his plan to take a serious stab at Goldman Sachs.

If necessary, the Yuanda Investment team will also be needed to assist in this operation.

After hearing his introduction, Chairman Zhao nodded in agreement without hesitation.

In his words, Yuanda Group has made a fortune during this period, so giving up one or two opportunities is insignificant!

If they could take advantage of these one or two opportunities to really rip off Goldman Sachs and bleed it dry, he and Yuanda Group would be more than happy to do so!

After quickly reaching an agreement with Chairman Zhao, Ling Yun left the meeting room and went to the trading area outside.

Before long, the joint investment team took the lead, adopting a strategy of building positions in small, dispersed orders, and quietly began to go long on international crude oil futures.

About half an hour later, the Yuanda Investment team followed suit, starting to build positions in international crude oil futures in a slightly more high-profile manner.

It wasn't until 8 p.m. that the investment departments of each airline began to appear.

Unlike other airlines, Shanghai Airlines and China Eastern Airlines' investment departments, while shifting from short to long positions, intentionally or unintentionally released some false information.

Without exception, this false information was leaked to Goldman Sachs' crude oil futures trading department.

Around 6 p.m., Lingyun, who was directing everyone to build up their positions, received a call from General Manager Kong.

After the call connected and a few casual words were exchanged, Mr. Kong's tone suddenly became slightly serious.

"Regarding your previously proposed plan to target a financial institution on Wall Street, after discussion and research by the leadership of the General Administration, it has been approved for implementation."

"You will be in charge of directing this operation. Director Fang will represent the General Administration in cooperating with the operation, and the investment departments of various airlines will also cooperate. We can't just take the hits without fighting back!"

"It's time to fight back. We have to teach those Wall Street vultures a lesson. Even if we're exposed after the operation, it doesn't matter. We have to be tough when it's time to be tough."

"Of course, this operation must be meticulously planned to ensure our own safety as much as possible. While striking a blow against the enemy's arrogance, we must also ensure a safe retreat."

Without a doubt, this was the answer Ling Yun most wanted to hear.

As soon as Mr. Kong finished speaking, he immediately responded decisively:

"Rest assured, I will ensure everything goes perfectly. I will not only deliver a crushing blow to those bastards at Goldman Sachs, but I will also make sure they have no one to retaliate against."

"To put it bluntly, this time I took advantage of the trends in the international financial market to set a trap for those bastards at Goldman Sachs."

"Once they suffer heavy losses and realize what's happening, they can only blame themselves for being too eager for quick success, which led to their massive losses. They can't blame anyone else!"

Hearing his confident and certain attitude, President Kong immediately laughed.

"With your abilities and methods, I believe you can do it flawlessly, delivering a crushing blow to Goldman Sachs while also escaping unscathed."

"The second thing is that the contract termination negotiations with Goldman Sachs' Shanghai branch this afternoon ended in discord, with no agreement reached."

"After applying to its New York headquarters, Goldman Sachs made some concessions and decided to terminate the fuel hedging agreement by charging only 70% of the agreed penalty."

"We'll only pay 40% of the penalty for breach of contract at most. Since we couldn't reach an agreement, the meeting ended badly. This is a good opportunity to put these damn foreigners to their own devices and then apply pressure through other channels!"

Ling Yun smiled and then continued:

"It's good to let them cool off. Goldman Sachs is desperately short of cash right now. Don't be fooled by their arrogant exterior; they're actually more insecure than anyone else. I believe they'll give in soon!"

"There's something to watch out for: Goldman Sachs will definitely be launching a crisis management campaign tonight and will be conducting an in-depth investigation to find out the real reasons why the airlines are terminating their contracts early."

"At this critical juncture, all those in the know must maintain strict confidentiality. If the information is leaked, airlines will have to pay a much higher price to actually terminate the contract."

"Anyone who jumps out to inquire about information at this time, or anyone who speaks well of Goldman Sachs' Shanghai branch, should be thoroughly investigated, just in case..."

He suddenly stopped talking at this point and did not continue.

But Mr. Kong understood the subtext in his words perfectly.

After a moment of silence, Mr. Kong responded with a smile.

"You're quite the clever one. Don't worry, we know how to handle this situation and we'll keep it a secret."

"At this critical moment, anyone who dares to betray the interests of the airlines and the entire civil aviation system will be the first person I won't forgive!"

They then continued their discussion on this topic.

During the discussion, Ling Yun briefly explained the relevant details of this operation.

As he listened to his introduction, Mr. Kong became more and more reassured, even praising him repeatedly.

They ended the call about ten minutes later.

After hanging up the phone, Ling Yun left the office and walked into the trading area.

Upon seeing him emerge, Director Xie immediately stepped forward to report the situation.

"As you said, international oil prices have indeed stopped falling and have begun to consolidate around $89, with signs of a rebound."

"Five minutes ago, international oil prices surged to over $90, but quickly fell back to around $89."

"Currently, the market is exhibiting a wait-and-see attitude with no significant buying interest, and this situation is expected to continue for some time."

As he was explaining the situation, Ling Yun looked up at the international oil prices on the electronic screen.

After a moment's thought, he smiled and nodded.

"This is undoubtedly a good thing for us; it allows us to plan ahead more efficiently and better conceal our movements."

"International oil prices need a period of preparation before they can rebound strongly from their lows, and they also require a strong stimulus from numerous positive news items!"

"In the next twenty hours, a series of measures to rescue the financial markets will be rolled out to pave the way for a strong rebound tomorrow."

Seeing his confident demeanor, the slight worry in Director Xie's and the others' hearts vanished in an instant.

They are even more confident about the upcoming surge in international oil prices!

After chatting with Director Xie and the others for a while and confirming that international oil prices had basically stabilized at the bottom, Ling Yun left the top floor with peace of mind and went downstairs to the securities investment team's office area.

As soon as he got downstairs, he received some good news.

Five minutes ago, AIG Group's negotiations with private institutions for a joint bailout plan (the $750 billion bailout plan) failed, and it didn't receive a single penny.

Moreover, the simultaneous downgrade of AIG Group's credit rating by the three major rating agencies completely blocked AIG Group's financing channels.

This triggered the collateral addition clause in the CDS contracts and derivatives, requiring AIG Group to immediately add collateral worth $145 billion.

At that time, AIG Group couldn't even come up with $450 million, so where would they get $145 billion to use as collateral?

The news sent shockwaves through international financial markets, and panic intensified dramatically.

Some financial analysts have even asserted that AIG Group is technically bankrupt and will soon follow in the footsteps of Lehman Brothers, publicly declaring bankruptcy.

After listening to the director of CIC explain the situation, Ling Yun smiled and shook his head.

"AIG Group is the world's largest insurance giant; it is absolutely impossible for it to go bankrupt. The international financial market could not afford the consequences of AIG Group's bankruptcy!"

"But one thing is certain: AIG Group's stock will definitely plummet again today, and we can take this opportunity to dump all our short positions."

"Moreover, the liquidation must be completed before noon New York time. Given AIG's current situation, the US Treasury and the Federal Reserve will definitely accelerate their intervention."

"As is customary, more news will emerge in the afternoon New York time, and the US Treasury and Federal Reserve will announce rescue measures after the US stock market closes..."

Listening to his analysis, the investment directors and managers were all dazzled.