MMB Chapter 824: Huang Family's Little 7
Chapter 824: Huang Family's Little 7
In early spring of 2007, New Century Financial Corporation, the second-largest subprime mortgage lender in the United States, announced that it had suffered huge losses and was on the verge of bankruptcy.
The news sent shockwaves through the entire financial market.
However, some commentators from institutions and financial media believe that this is merely a problem of poor management by a very small number of companies and has nothing to do with the market as a whole.
However, all financial stocks fell that day, especially those of companies related to subprime mortgages. Zhang Sui and her team were in the trading room, staring intently at the big screen.
Zhang Sui's hair is almost half white, and her period has become irregular, having not come for several months. She is only in her early forties, all due to the stress she is under.
The continuous losses over the past few months have kept her on edge every day. She even hired a psychologist to help her cope, and she also relies on sleeping pills and calming music to fall asleep every night.
She felt much more relaxed today because a large green signal appeared on the big screen, which meant victory was just around the corner.
One team member glanced at the data on the computer and, as if relieved of his stress, shouted with joy, "Our CDS contract has jumped by 40 in an instant!"
Upon hearing this, the other members of the team stood up and high-fived each other in celebration, their long-suppressed emotions greatly relieved at that moment.
After a brief moment of excitement, Zhang Sui quickly calmed down. She knew that the harvest was still some time away, and now was not the time to celebrate.
She took a deep breath, returned to her office, picked up the encrypted phone, and called her boss.
"Boss! New Century Financial has exploded."
"Got it!" Huang Xiaochuan's tone on the other end of the phone remained calm, as if nothing had happened.
He then asked Zhang Sui, "What's the reaction from the investment banks that signed CDS agreements with us?"
"Not at the moment. Every CDS contract we sign has strict confidentiality clauses, and they are probably still conducting internal analysis and evaluation of this incident. The evaluation results will not be available anytime soon."
"Heh," Huang Xiaochuan chuckled, then reminded Zhang Sui, "Just you wait and see, it shouldn't be too long. You need to be prepared; they'll be calling to curse you out soon."
"I know, but that's the rule of the game! They were all willing when they signed the agreement with us and collected the premiums. They might even have been calling us fools behind our backs." Zhang Sui had already prepared herself mentally.
Besides, even if someone called to curse, it wouldn't reach Zhang Sui's ears; she's not the CEO of Dark Night Capital.
After ending the call, Zhang Sui returned to the trading room, clapped her hands, and reminded the team members to look in her direction.
"Ladies and gentlemen, from now on, we are on high alert. No one is allowed to leave this building. Our night march is over, and we are about to enter the main battlefield. Please be alert."
As soon as she finished speaking, the trading room erupted in excitement. Zhang Sui's words meant that the most difficult time was over, and now it was time to collect the money. Countless short positions were full, and there was also a thick stack of CDS contracts. These were all green banknotes that were about to be cashed in!
A portion of this money belongs to them, and it's a reward for their efforts. Although it hasn't reached their pockets yet, some of them are already planning to buy mansions or yachts on the West Coast, or take a round-the-world trip, the kind that's all luxury.
Zhang Sui, however, remained very clear-headed.
Next, she and her team will have to engage in direct negotiations and settlements with their counterparts. They also need to be prepared for some institutions to default on their debts. There's nothing that financial institutions can't do. However, they had already anticipated these things before starting the plan, so they had prepared countermeasures in advance. How could they take on such a difficult task without the necessary skills?
After hanging up the phone, Huang Xiaochuan handed it back to Gao Song and went back inside. His elderly mother, Zeng Lijuan, came over and asked him, "Where have you been?"
"Oh! It's nothing, I'm just taking this call outside."
Zeng Lijuan immediately urged, "Go and see your eldest niece quickly, the whole family is waiting for you."
Last month, on February 7, 2007, Cheng Jing gave birth to a baby girl in Hong Kong. According to the name that Lao Huang had prepared long ago, the little girl is named Huang Ruidan. She is Lao Huang and Zeng Lijuan's seventh grandchild. Originally, they only had one granddaughter, Huang Ruiying. Now, they have another one, which can be considered as fulfilling their wish.
Cheng Jing had just returned to Shanghai a few days ago after completing her postpartum confinement period. Zeng Lijuan then arranged for all members of the Huang and Zeng families to gather at her home to celebrate this joyous occasion.
The room was filled with more than twenty people, adults and children alike, making it exceptionally lively. The newborn baby girl, Huang Ruidan, was held by each of the elders in turn. She not only received their blessings but also many gifts, such as longevity locks, gold bracelets, large red envelopes, and bank cards. However, her father and mother temporarily accepted these gifts for her.
When she walked up to Yu Xiang, the little girl was being held in Yu Xiang's arms, yawning with her fists clenched, looking very sleepy.
Huang Xiaochuan smiled and held out his hands: "Come here, let me give you a hug!"
Yu Xiang glanced at him, somewhat worried: "Are you sure you can handle this?"
Without a word, Huang Xiaochuan took the little girl from Yu Xiang's arms and held her in his own: "Is this okay? Let me tell you, I've held Xuanxuan (who weighs six jin), Xiaodong, and Xiaoduo before. I'm very experienced at holding babies, you know!"
The little girl, who was just over a month old, smelled of milk all over. After being placed in Huang Xiaochuan's arms, she half-opened her eyes and glanced at her uncle. In fact, she just opened her eyelids slightly. A child this young could not see clearly who was who, but then the little girl actually grinned and smiled.
That smile surprised and delighted everyone.
"Look, look, Little Dandan likes her uncle! She's even smiling!"
"Yes! Yes! Your smile is so cute!"
"This seems to be the first time Xiao Dandan has ever smiled!"
Just as the elders were overjoyed, a series of crackling sounds were heard, followed by a strong, pungent smell of milk wafting from Huang Xiaochuan's arms. Huang Xiaochuan was the first to be affected, since he was holding the baby.
That wasn't all; he then pooped a huge poop, making the smell even stronger. It was so strong that Huang Xiaochuan couldn't open his eyes. The whole family burst into laughter at the sight.
Cheng Jing, looking embarrassed, quickly took her daughter from her brother-in-law's arms, intending to change her diaper.
Jiang Rong, the eldest sister-in-law, also voluntarily accompanied Cheng Jing to help the little girl wash her bottom and change her diapers. Jiang Rong also really liked this little girl. If it weren't for the strict rules of Huang Dahai's army, she would have really wanted to have a daughter. Now that she had the means, seeing that her second and youngest brothers-in-law both had sons and daughters, she was extremely envious.
Yu Xiang was also laughing heartily. After finally stopping laughing, she asked her man, "Should we go change our clothes?"
Huang Xiaochuan lifted up his clothes and smelled them, then shook his head: "Never mind, it'll dissipate in a bit. I can change when I get home. It's not like it got on my body."