The Great Sage Returns from Ten Years of Imprisonment
Chapter 7 A gentleman doesn't leave a grudge unavenged.
After seeing Chairman Jin and his group off, Chairman Zhao led Ling Yun toward his office.
Mr. Wang and Mr. Chen exchanged a glance and quickly followed.
They were eager to know what gave Ling Yun the audacity to target Merrill Lynch, and why he seemed so confident of victory.
In addition, they also need to discuss the newly finalized investment plan with the chairman.
Upon entering the office, Chairman Zhao invited everyone to sit down in the reception area and quickly got down to business.
"Ling Yun, tell me how you plan to deal with Merrill Lynch? Merrill Lynch has ripped off our group more than once or twice through that traitor Fang Changhai."
"To say I don't want revenge would be a lie, but facing this infamous behemoth, our attempt at revenge is like a mantis trying to stop a chariot!"
President Wang and President Chen nodded in unison, looking at Ling Yun with curiosity.
The group has some reputation in the domestic financial circle, but compared with Merrill Lynch, it is like the difference between a three-year-old child and a ruthless adult bandit. Their strengths are worlds apart!
But how can one not be curious when Ling Yun claims to have a way to take revenge on such a powerful international investment bank?
Ling Yun curled his lips into a cold smile and shook his head dismissively.
"Merrill Lynch is not what it used to be. It's all show and no substance. It's all bark and no bite and is on the verge of bankruptcy."
The office fell silent instantly upon hearing this.
Chairman Zhao's teacup, which he had just raised, stopped in mid-air, and General Manager Wang jumped up from the sofa.
"Merrill Lynch is the world's third-largest investment bank with over 120 years of history. You're saying Merrill Lynch is on the verge of bankruptcy? Did I hear that right?"
"Sit down and talk, don't get so agitated."
Chairman Zhao waved his hand dismissively, feigning relaxation.
In reality, his eyes were shining, and he was equally excited.
The next moment, he personally poured Ling Yun a cup of tea, his eyes full of urgency.
"Xiao Ling, tell me your analysis of Merrill Lynch. I'm really curious to know how you plan to get revenge."
Lingyun picked up his teacup, took a sip of tea, and continued his eloquent conversation.
"After learning that Merrill Lynch was the mastermind behind framing me, I began to investigate Merrill Lynch and analyze its financial situation and investment performance in recent years."
"The results really uncovered a lot of things, and what I found was astonishing!"
"In the third quarter of last year, Merrill Lynch suffered a massive loss of $79 billion, marking its largest single-quarter loss in history and one of the largest single-quarter losses in the history of top international investment banks."
"Since then, Merrill Lynch has suffered huge losses every quarter, each one more severe than the last, and its stock price has plummeted by more than 60% from its peak of $100."
As he spoke, he took out his laptop and opened it.
Next, I found a file labeled Merrill Lynch, retrieved the collected data, and began the demonstration.
"What's even more critical is that Merrill Lynch currently holds hundreds of billions of dollars in subprime mortgage-backed securities, which are worthless junk."
"With the subprime crisis escalating and potentially developing into a global financial crisis, Merrill Lynch is on the brink of collapse; it will either go bankrupt or be acquired."
"This couldn't be better for us. We can take this opportunity to short Merrill Lynch, make a fortune, and get all our revenge at once..."
Chairman Zhao and the others gathered around, looking at the colorful icons and data on the computer screen.
In a short while, they realized the problem and saw the hope of revenge!
In his previous life, Ling Yun spent ten years in Tilanqiao, devoting all his free time to studying domestic and international financial markets, including the 08 global financial crisis.
Because of his consistently good performance and eagerness to improve, the discipline was willing to provide this learning opportunity.
In prison, undisturbed and free from the emotional fluctuations of victory and defeat, he could completely calm down and concentrate on his research, making him many times more efficient than outside.
More importantly, Tilanqiao is full of experts in finance and economics.
If he doesn't understand something, he can always ask experts for advice, which makes his professional skills improve even faster!
Even after leaving Tilanqiao, he didn't give up this study habit.
Although he was banned from the financial industry, he continued to diligently monitor and study the situation of domestic and foreign financial markets.
As a result of his long-term research, he had a thorough understanding of the domestic and international financial markets from 08 to 25, and his professional skills improved accordingly.
Unfortunately, no matter how skilled you are, you have no place to use your skills; you're not even qualified to open a stock trading account.
But who would have thought that while rescuing a kitten trapped in the middle of the road while delivering food, he was hit by a speeding car and thus reborn!
Now that he has been reborn with all the memories of his past life, why would he waste his skills?
The first thing I did after being reborn was to take revenge.
After two months of patient waiting, Ling Yun finally obtained the most compelling evidence and sent Fang Changhai and Guo Zirong, who had conspired to frame him, to prison.
Next up is Merrill Lynch, the mastermind behind it all!
He would only resign and leave Shanghai after taking revenge on Merrill Lynch, and return to Beijing to be with his parents!
From now on, birds can fly freely in the sky, and fish can leap freely in the sea!
Looking at the information Ling Yun had collected, Chairman Zhao and the others were all somewhat alarmed.
This is a carefully planned scheme to destroy the renowned Merrill Lynch!
I have to say, this kid holds a grudge for a long time!
I really shouldn't mess with this kid anymore, otherwise he might secretly plot against me!
While secretly complaining, Chairman Zhao and his colleagues were also excitedly shining.
They are all professionals in the financial field, and of course they can see that Merrill Lynch is indeed facing a huge crisis, even a crisis of life and death.
In this situation, taking the opportunity to short Merrill Lynch and retaliate severely would have a high chance of success!
Of course, if you really do this, you must plan it carefully, lest you end up losing more than you gain!
In no time, Ling Yun had finished explaining the situation.
The office fell silent. Chairman Zhao and General Manager Wang were all quiet, but their eyes were full of excitement!
A gentleman doesn't leave a grudge unavenged, and they are no exception!
After a moment of hesitation, Chairman Zhao finally spoke.
"Xiao Ling, do you think this subprime mortgage crisis, which originated in the United States, will continue to worsen and soon develop into a global financial crisis?"
"Is the situation really that bad? If so, our group needs to prepare early to avoid being caught off guard when the financial crisis breaks out."
"The same applies to the nation. We are a major manufacturing country, and once a global financial crisis breaks out, it will inevitably have a huge impact on the national economy."
"Definitely."
Ling Yun nodded firmly.
"That's right, Chairman Zhao. I believe this subprime crisis is destined to develop into a global financial crisis, and it will happen within a few months!"
"The current US financial market has over $60 trillion in junk bonds, leveraging a capital volume of hundreds of trillions of dollars, which is simply unabsorbable!"
"The major event affecting the global economy that I mentioned in my futures investment plan refers to this inevitable global financial crisis."
"Once this global financial crisis erupts, soaring oil prices will plummet, hitting rock bottom!"
"Fortunately, we still have a few months, enough time for us to swing back and forth between bullish and bearish markets several times and reap a good harvest..."
Chairman Zhao and General Manager Wang exchanged a glance, their eyes filled with shock.
Although they were all seasoned veterans who had seen it all, they were still quite frightened by Ling Yun's analysis!
If a global financial crisis really breaks out, countless people will lose everything and go bankrupt overnight!
The financial sector, in particular, will be a major disaster area!
More than forty minutes had passed in the time it took to speak.
The office door opened, and Ling Yun and President Wang came out of the office, discussing in hushed tones as they walked toward the elevator.
Inside the office.
After thinking it over and over, Chairman Zhao finally picked up his phone and dialed a number.
The phone rang four or five times before being answered quickly.
The next moment, Chairman Zhao respectfully said:
"Did I disturb you? Former boss, I have some things to report to you, and I would appreciate your guidance..."
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