The Great Sage Returns from Ten Years of Imprisonment

Twenty minutes later, Goldman Sachs.

Irwin led several senior executives into the conference room, shook hands with the general manager of Yuanda Hong Kong branch and others who were already waiting there, introduced themselves, and exchanged a few polite words.

Although Erwin and his group were relatively polite, the slight contempt and disdain in their eyes could not be concealed.

Not only that, but the way Erwin and the investment director looked at the Yuanda Group's negotiation team was somewhat like they were looking at fools.

Their behavior infuriated everyone on the Yuanda Group's negotiation team!

But everyone gritted their teeth and endured it, and didn't lash out on the spot!

Because everyone knows that Goldman Sachs bastards have always been like this, and there are very few financial industry peers they respect.

Especially in Hong Kong's financial circles, these bastards always have a condescending attitude!

More importantly, everyone on the Yuanda Group's negotiation team knew that these bastards wouldn't be smug for long!

It wasn't that anyone had told them anything, but rather that they were absolutely certain of winning this bet, believing that Yuanda Group would win 100%!

This has been proven countless times over the past few months, and this time will certainly be no exception!

It was precisely because of this confidence that the Yuanda Group's negotiation team had enough patience to endure the arrogance and rudeness of those Goldman Sachs bastards!

Our own company will soon be ripping off Goldman Sachs, so why can't we let these idiots gloat for a few days?

Thinking of this, a smile appeared on the faces of the Yuanda Group negotiation team members.

Seeing their performance, Erwin couldn't help but be a little surprised.

"What are these idiots laughing at? Are they out of their minds?"

After muttering a complaint to himself, Erwin immediately got to the point.

"Mr. Wang, we heard that you approached our company this time because you wanted to bet on stock index options with Goldman Sachs. We welcome that."

"This demonstrates that your company has a very aggressive investment style. No wonder you are the most prominent investment company in the Hong Kong financial market in the past six months. You have the courage and boldness."

"Now I'd like to hear the details of the betting scheme. How do you plan to bet, and what is the underlying asset? Is it Hong Kong stock index options or US stock index options?"

"Are you betting on whether prices will rise or fall, or on volatility? I heard you're preparing to bet against many top financial institutions, and we're just one of them. Could you share your thoughts?"

Mr. Wang looked at the foreigner with a smile, but did not respond immediately.

He smiled and nodded after his secretary finished translating.

"Thank you for the compliment, Mr. Irwin. I am unworthy of such praise. Compared to Goldman Sachs, which dominates the international financial market, our company is but a toddler taking its first steps!"

"Regarding the specifics of this bet, we can only disclose the details and provide the bet agreement once we are certain that Goldman Sachs is willing to participate."

"If Goldman Sachs is unwilling to bet with us because the risk of betting on stock index options is too high, we understand. That's why we're negotiating with many top financial institutions at the same time, and we believe that some of them will be willing to participate."

Without a doubt, this is the most blatant provocation tactic, and also a calculated move!

Given Goldman Sachs's superior position in the international financial market and the pride of its management, how could they possibly tolerate this!

as predicted!

General Wang's Elvin almost made him laugh out loud in anger right from the start!

The other Goldman Sachs executives were equally furious, and even felt insulted.

"Goldman Sachs doesn't dare to bet against your company? Are you kidding me? Aren't you incredibly arrogant?"

"Goldman Sachs' investment director said coldly."

Mr. Wang glanced at the guy, chuckled and nodded, but didn't give any response. Then he turned to look at Erwin.

The subtext of this gesture couldn't be clearer: utter contempt!

You are not qualified to speak to me; only Erwin is.

Seeing Mr. Wang's reaction, the Goldman Sachs investment director was so angry he almost exploded on the spot!

"Snapped!"

He slammed his hand on the table, ready to stand up and explode.

Just then, Erwin gently waved his hand at him.

"Don't be impulsive, Paul. Negotiations ultimately come down to strength, not just empty words."

"I'll handle this. The most powerful counterattack will come when we win our bet against them."

After hearing his words, Paul could only sit back in his chair, gritting his teeth and staring intently at President Wang.

Erwin turned to look at President Wang and said coldly:

"For Goldman Sachs, risk has never been an issue. As long as we believe we are confident in a trade, including stock index options bets, we are willing to place heavy bets no matter how high the risk."

"But before making a decision, we must understand your betting scheme and agreement, and then conduct a comprehensive evaluation before deciding whether to bet with you. Arguing is pointless."

Mr. Wang remained silent and did not give an immediate response.

After pondering for a moment, he smiled and said:

"You have a point, Mr. Erwin. You can't make a decision without understanding the situation. In that case, let me briefly explain the betting plan!"

"Our proposed bet has two forms. The first is whether the US government's large-scale bailout plan can be passed on Capitol Hill and implemented!"

"As of now, this massive $7000 billion bailout plan is being voted on in Congress and is facing an unprecedented wave of opposition, so its passage is in doubt."

"After some analysis and research, our company believes that this bailout plan has a chance of being approved. How about we start a bet based on the final vote result?"

Erwin stared at him and shook his head firmly.

Goldman Sachs shares your view and believes that this bailout plan will definitely pass a vote on Capitol Hill, otherwise this financial crisis will completely spiral out of control.

"Given this, this betting method is not feasible. Let's talk about stock index option betting instead; we are more interested in stock index option betting."

This outcome was entirely within Mr. Wang's expectations.

He chuckled softly, then changed the subject.

"In that case, let me talk about the stock index options betting scheme, which is actually closely related to whether the US government's massive bailout plan can be passed by Congress."

"On the second trading day after this massive bailout plan is passed by Congress, let's bet on whether the Dow Jones Industrial Average will rise or fall."

"For example, if our company believes the Dow Jones will fall on a given day, and Goldman Sachs holds the opposite view, believing the index will rise, then we can reach a betting agreement."

"If we both agree that the index will fall or rise, then we can't bet against each other; we'll have to miss this opportunity and find other opponents..."

Next, he went on to explain this extremely risky betting scheme.

But the implication was that the Dow Jones Industrial Average would definitely fall at that time.

If Yuanda Group were to bet against someone, it would definitely bet on a decline!

As he explained, Erwin and Paul's eyes lit up.

In their view, once this unprecedented $7000 billion bailout is approved, the three major US stock indices will surely soar, and there is no possibility of a decline!

Thinking of this, Erwin and the others were already quite impatient.

They couldn't wait to finalize this stock index option betting agreement and rake in a huge profit from Yuanda Group.

But they had to suppress their excitement, lest they arouse the suspicion of Mr. Wang and his team, and lose what they had almost gotten their hands on.

After Mr. Wang finished explaining the situation, Erwin feigned surprise and asked:

Why was the index predicted to rise on the second trading day after the bailout plan was passed, instead of on the same day? Was there a specific reason?

"The reason is simple: the index on the day the bailout plan is passed is easily influenced by investor sentiment, while the index on the second trading day is more accurate."

Mr. Wang explained with a smile.

Just then, the Goldman Sachs senior analyst from before suddenly knocked on the door and entered the conference room.

He went straight to Erwin, leaned close, and whispered in his ear:

"Lewis said he could accept the betting offer, and he's currently calling the group's CEO, Lloyd, to report the situation!"