Wall Street bigwigs!

Harry Thorne put down his report and picked up the phone to call the Ministry of Finance in Mexico City.

The phone rang a few times before being answered.

A voice speaking English with a Spanish accent came through the microphone.

Good evening, Mr. Harry.

Harry Thorne disregarded all notions of propriety and asked the question directly.

"Mr. Jose, have you reached an agreement with the Federal Reserve on foreign exchange borrowing?"

There was a brief pause of a few seconds on the phone.

"I'm sorry, this is a state secret, I can't tell you."

"This was stated by Mexican Deputy Finance Minister José."

Harry Thorne nearly dragged out all the women in Jose's family to give them a piece of his mind when he heard what he said.

What kind of time is this to make jokes like this? We're all in the same boat.

However, Harry Thorne knew this was not the time to argue, so he took a couple of seconds to calm himself down.

"If there's anything I can help with, please let me know. I'll do my best to help."

Jose, sitting in his office, gestured to the finance minister and the president's chief aide in the sofa area.

They were just waiting for Harry Thorne to say that.

"Ahem, the Federal Reserve has instructed us to connect directly with the New York Fed."

You know, the New York Fed doesn't have a good relationship with us. I flew to New York twice and couldn't even get inside the New York Fed.

Harry Thorne is well aware of the Federal Reserve's nature, and he only dares to believe 20% of what Jose says.

To put it bluntly, shouldn't a Mexican deputy finance minister, who comes to the Federal Reserve Bank of New York on business, at least offer a private gift beforehand?

Besides, you, a deputy minister, want to meet with the leaders of the New York Federal Reserve? The status is not equal.

"It's okay, if you can't find the person, I can."

Okay, you guys make arrangements to fly to New York tonight, and I'll arrange for someone to meet with you tomorrow.

Mr. José, please remember to send someone of equal status.

Harry Thorne's emphasis on the word "equal status" means he wants your treasurer and central bank governor to come over right away.

After hanging up the phone, Harrithorne called reporters he knew at The New York Times and The Wall Street Journal, asking them to arrange for people to wait at the airport.

The goal is to photograph the Mexican government officials as soon as they arrive.

Harry Thorne's goal was simple: to lure the Mexicans over first.

Once the Mexican and New York Fed officials meet, the details can be fabricated beforehand.

For example, Mexican government officials communicated effectively with the Federal Reserve Bank of New York, and the Fed agreed to temporarily provide the Mexican government with a $10 billion loan, and so on.

In any case, as soon as the news is published, the foreign exchange market will definitely react immediately.

He has no other choice but to stabilize his position first.

It was 9:30 p.m.

Green let the people from R&F Securities go home first. They were still building positions in US stocks and ARD stocks related to Mexico, and they didn't have much to do after the exchange closed.

Green sat in the newly cleaned trading room and took the folder Mary handed him, his fingertips pausing for half a second on the kraft paper cover.

The air in the trading room seemed to freeze, with only the faint hum of the air conditioning vents.

Green opened the document, his gaze sweeping over the data table on the first page, a cold smile involuntarily creeping onto his lips.

「果然如此，他的多头头寸集中在1到2个月的短期合约上，其中60%集中在3月15日到期的比索远期合约。这说明什幺？」

Mary pushed up her glasses and said.

"This shows that Harry Thorne's cost of capital is extremely high, and he cannot afford the interest on long-term holdings."

His funding rate at Morgan Stanley was at least 300 basis points above the base rate, while our rate at Citibank was only 150 basis points above.

Harry Thorne is burning through money, and burning through it very quickly.

At this point, Szergen pointed to a small line of text in the corner of the document and said...

"Harry Thorne used a buyback agreement to amplify leverage, which means his position has an automatic liquidation line."

If the peso falls another 3% and touches the 220 mark, his repurchase counterparty has the right to force liquidation without prior notice.

Green stood up, walked to the whiteboard, picked up a marker, and drew a steep downward curve on it.

"So this is not a war between evenly matched forces, but an endurance race against time."

Harry Thorne was more impatient than I was, because those guys following him in had very limited patience.

Green turned around and glanced at everyone in the room before speaking confidently.

"He wants a quick victory, so we'll just wear him down."

John, when the market opens tomorrow, discreetly reduce our short position in Telemex by 5%, creating the illusion that we are being forced to reduce our holdings.

"Sergen, you placed several large orders on the OTC market at 225, making Harry think we had a need to liquidate at that price."

John squinted and immediately understood his boss's intention.

"Lure him out? Make him think we've reached our limit, then lure him into firing all the remaining ammunition?"

"That's right," Green said confidently, tapping the whiteboard.

"That's right, he wants to decide the outcome in three days, so we'll extend the battle to three weeks."

When his short-term contracts start rolling over, the financial pressure will throw him off balance.

Vera stood quietly in the corner, holding the financial statements in her hands, and spoke softly.

"Boss, there's a variable we might have overlooked."

According to sources within Citibank, Harry Thorne injected $2000 million in fresh funds this afternoon through an offshore trust in Delaware.

This is not a buyback; it's real capital injection.

Upon hearing this, Green frowned.

$2000 million? This exceeded his expectations. That old guy Harry Thorne actually had such a trump card up his sleeve.

"Have you found out the source of the funds?" Green asked.

"The source is Thorne Capital's historical retained earnings," Vera added, flipping through the documents in her hand.

"But interestingly, this funding was nested through three layers of SPVs (Special Purpose Vehicles), the last of which was the 'Caribbean Breeze Trust' registered in the Cayman Islands. Based on my experience at KPMG, this structure is typically used for..."

"It's used to hide the true identity of the LP (Limited Partner)," John said, taking a sip of coffee.

Green nodded and took over the conversation, saying with a self-deprecating smile.

"It seems that our Mr. Harry Thorne is not just fighting for his own money; his backers, those who want to teach this arrogant brat a lesson, are starting to escalate their efforts."

Just then, Green's phone, which was on the table, rang.

Green pressed the answer button. Richard's voice sounded a little hurried, with the background noise of the bar.

"Dude, you better turn on the TV right now and tune to CNBC."

That old fox Harry Thorne managed to bring Mexican Finance Minister Gutierrez and Central Bank Governor Espinosa to New York.

Their plane had just landed at the airport, and now the entire financial world is in an uproar.

(It's too late. I'm revising the story today. There were just too many complaints about the part about Uma's storyline, so I had to revise it. I've already revised part of it. Those who want to criticize me can go back and read it again. I've only revised chapters 5-12 so far, and I will continue to revise the rest.)