After divorce, I can hear the voice of the future

Chapter 645
How much money is left in the department's account?

Jamie's eyes were like a still lake, neither angry nor annoyed, only endlessly deep and serene.

Wilson felt a sense of fear and hurriedly said, "The funds available in the Tianxing account are running low. If we just hold on a little longer, who knows..."

Jamie remained silent, but shifted his gaze from the big screen to Wilson.

Meeting that calm gaze, Wilson felt a lump in his throat and suddenly lost his eloquent tongue.

He answered with a forced smile, "We have already invested $825 billion, and have $129 billion available."

Upon hearing this number, Jamie frowned, and finally a trace of human emotion appeared on his face.

He looked at the bank account, pondered for a moment, and then suddenly looked at Doug beside him: "I want to know the worst-case scenario."

Although the account showed a profit of $2.53 million, Jamie knew very well that this was the result of continuous additional investment.

Once they stop investing, the bullish trend will be unstoppable, and gold prices will continue to soar.

Wilson wanted to explain, but he swallowed the words back, knowing that Jamie hated it when people interrupted him.

Doug suppressed his excitement and calmed himself down: "Mr. Chairman, I left for a while and it may take a few minutes to get a fresh look at the current situation."

“Go.” Jamie nodded slightly. Doug called over his assistant, Lal Buchanan, and stared blankly at the wound on the other’s eyelid.

Lal smiled and shook his head, indicating that he was fine and there was no need to worry. He then quickly explained all the actions they had taken after he left.

Doug listened thoughtfully, already having a rough idea of ​​what to expect.

Just as he was about to go back and report, Lar whispered in his ear, "We succeeded."

Doug's face stiffened, he didn't dare to look the other person in the eye, he grunted in response, and quickly left.

Carmon Wilson was a psychopath who enjoyed forcing people to do things they didn't want to do and watching them struggle.

Homosexuality can sometimes be artificial, like that of Lal Buchanan.

Doug has a girlfriend he's been dating for four years, but Lar doesn't; he's been completely turned gay.

Wilson was the planner, and he was the one who carried it out.

If JPMorgan Chase truly loses this financial battle, Wilson has no reason to be wronged.

Because he not only faces Lu Liang, who has repeatedly caused Wall Street to suffer setbacks, but even his most trusted right-hand man has his own ulterior motives.

Doug regained his composure and approached Jamie, saying with a grave expression, "Mr. Chairman, I cannot predict the worst-case scenario, but there is some data that can be used as a rough reference."

"explain."

“Taking Dongda Gold Price as an example, when the price of gold in London rose to $1811, we would face a loss of about $190 billion.”

One ounce equals 31.1035 grams. The current price of gold at Dongda University is 402 yuan, which means that one ounce of gold in London is equal to 1.25 yuan.

Dividing by the current exchange rate of 6.9, we find that if the gold price at the University of Tokyo is used, London gold will rise to $1811.59 per ounce.

The reason it can be used as a reference for the worst-case scenario is that the gold price at the University of Tokyo has always been much higher than the international gold price.

However, it cannot be ruled out that the price of gold at Tokyo University will continue to rise, thereby affecting the price of gold in London.

"A 20% loss."

Jamie grinned, revealing a row of gleaming white teeth, and suddenly laughed, a laugh that sent chills down your spine.

Last year, JPMorgan Chase's total net profit across all its projects was only $309 billion.

Carmon Wilson, head of the investment department, lost three quarters' worth of net profit with just one move.

Jamie's smile faded, and he suddenly asked, "If I were to take charge of the aftermath, how much could you reduce the losses?"

Doug clenched his fist, his mind racing. After a moment of contemplation, he said, "I am confident that I can reduce the losses to below $150 billion before the end of the third quarter, and strive to reduce them to below $100 billion before the end of the fourth quarter."

Jamie is a banker, and what he cares about most are the quarterly and annual reports, because they determine whether he can maintain his position as chairman.

Fortunately, it's only early July, and the third quarter of this year has just begun. There are still two and a half months before the third-quarter financial report is released.

He has enough time to make up for some of the losses from other projects.

"Let's deal with the immediate problem first, and then I'll see what you're capable of."

Jamie looked up at the screen. As they talked, the market lost its biggest short seller, and the bullish trend was about to become uncontrollable.

Doug looked serious and said, "Mr. Chairman, I need trading permissions that allow me to use all the funds."

"can."

Having received authorization to fund the project, Doug took a deep breath and went to Wilson's former workspace.

He had no time to appreciate the scenery Wilson could see. He picked up his headset and issued the latest instructions: "Allocate $20 billion to short London gold in small, large-scale transactions, pushing the price down to below $1700 and showing the market our determination to short it."

He was well aware that London gold was about to take off, and shorting against the trend was a dead end. Doug had given up hope of wiping out Lu Liang's position; he only wanted to minimize his losses.

Investing another $20 billion in short positions might yield $50 billion, or even more, in long positions.

He needs to lock in his short positions and then go long, so he needs to lure some retail investors into taking over his positions first.

He sells high in order to buy low, unlike Wilson, everything he does is for the ultimate profit.

"Doug, doesn't this look like you when you were young?"

Jamie looked up, a hint of admiration on his face, then sighed, "I actually had high hopes for you, but you've disappointed me so much this time."

If killing Wilson could make up for the $200 billion loss, Jamie would be a son of a bitch if he let him breathe even a little more air.

What's done is done, and getting angry won't change anything.

Furthermore, since he placed the person in this position, if a subordinate makes a mistake, the leader bears full responsibility, which is the kind of responsibility a group CEO should have.

"Jamie, can you give me another chance?"

A hint of fear flashed in Wilson's eyes. He was not afraid of death, because death was actually a kind of liberation.

If Jamie can't seize this last chance, given his personality, he'll probably suffer a fate worse than death.

"I can't give it to you, at least not now."

Jamie shook his head, his attitude very firm.

He said, "Go find Jeffrey and have him arrange a job for you on the island. You can be transferred back whenever they forgive you."

Wilson felt a chill run down his spine. He knew that many people in the department privately called him a pervert, but he didn't care.

Because they had never seen a real psychopath, compared to the group of people on the island, it wouldn't be an exaggeration to say that his personality was pure and kind.

Wilson glanced at the door of the trading room out of the corner of his eye. He had worked there for more than a decade and knew very well that there was a window 12 meters to the left after he went out.

Although it wasn't fully open, he was small enough to squeeze through and jump off the 38th floor.

Jamie suddenly narrowed his eyes, as if he could see through his thoughts, and said coldly, "If you dare to die, your gentle wife, beautiful daughter, obedient son, and elderly parents will all be sent to the island."

Death is a kind of liberation.

This is certainly true, at least from the perspective of the parties involved.

But the debt will not disappear; it will be transferred.

If Wilson is alive, he will always be the person most responsible for the losses of this project, giving investors a target to vent their frustrations.

If he dies, the target will be impossible to pinpoint and will most likely shift to Jamie, since it's acceptable for him to discipline Jamie.

If he is unhappy, he will look for a target to vent his anger on, and Wilson's wife, children and elderly parents are the best choice.

Upon hearing this, Wilson's lips curled into a bitter smile, and the courage he had just mustered vanished in an instant.

He loves his family very much because he only feels like a normal person when he is at home.

Meanwhile, in the trading room of Tianxing Private Equity in Shanghai.

"Little Mo is still strong."

Lu Liang remarked that he had been observing market trends.

They immediately noticed that the massive influx of funds had once again suppressed the rise in gold prices.

Just then, Sun Yutao suddenly shouted, "President Lu, something seems a little off."

Wall Street institutions have been sitting on the sidelines for quite some time, with only two streams of funds—bullish and bearish—entering the market.

One group is them.

The other one is JPMorgan Chase.

Previously, JPMorgan Chase had absorbed at least half of the settlement orders it sold.

However, this massive investment of over a billion dollars was somewhat strange; they only bought 2 million dollars worth of goods before the entire stock was snapped up.

It's as if another force has suddenly appeared in the market, competing with them for chips.

"Are you a retail investor?" Lu Liang asked.

"Probably not."

Sun Yutao shook his head, and Liang Wenhui chimed in: "The smallest transaction is over three million US dollars. Individual investors don't have that much capital, absolutely not."

(End of this chapter)