In the harsh reality of Wall Street at the end of 2008, my cousin came to see more and more faintly. Job opportunities, and then disappointedly returned to the cramped rental house in Queens to make money as a male nanny for others. The economic crisis caused nearly 140,000 layoffs to flow out of Wall Street like a torrent, so my cousin didn't delay too much. He left as soon as he was young and was accepted by China Merchants Bank after returning to China.
But how can young hormones withstand the temptation of greed? In the movie, the stock market tycoon Gaeger played by Michael Douglas declared with his own domineering logic: "Greed is good and right... Greed for life, love, and knowledge. Greed stimulates the motivation of mankind. In order to take advantage of Bud, Geiger smashed him with a beauty. The beauty asked charmingly: "Should I buy a HP?" The eager Bud replied: "The trend is good. If I were you, I would pounce on it. "The targets to be pounced on are more than handsome men and women. For these people who have been anesthetized by the Wall Street K-line chart, "Making money is better than sex." Over the years, this world financial center has long developed into Harry Potter. A box of wonderful sweets full of temptation, one bite, may be disgusting to death, or it may fly to the sky. People can only remember what it's like to be refreshed. Therefore, after the economic recession, as long as there is a favorable situation, people will definitely jump in without hesitation. There is a lot of money in it. Who would want to leave early when they are young? This was true in 1985, and it was also true in 2009.
Spanish artist Jose-Maria Cano seems to have insight into the “inspiring greed of mankind” from the portraits of the wealthy figures in The Wall Street Journal, so he converted these portraits into large-scale crayon drawings, a total of 100, including Bill. Gates, Obama, Abramovich and others, recently exhibited in a gallery in London. Among them, the most inspiring artist is the protagonist of the largest pyramid investment fraud case in history and the former Nasdaq chairman Bernard Madoff, who caused investors to lose more than US$50 billion.
At the end of 2008, a certain Harvard MBA came to the top ten predictions of Wall Street in 2009. Among them, in an unconstrained manner, Madoff believed that Madoff would fabricate himself insane during the trial, but would eventually be found guilty. This is too good to guess. After all, Madoff is very guilty, but the sentencing result is still surprising-on June 29, Federal Judge Chen Zhuoguang sentenced Madoff to 150 years in prison!
Most of these top ten predictions are based on macroeconomic development trends, and the accuracy rate (or due to the vague predictions, it can only be called the quasi-accuracy rate) is as high as 70%.
General Motors did file for bankruptcy protection, but it was a month later than the prophet said. This huge giant officially filed for bankruptcy protection on June 1. This company has to use 100,000 workers to feed 300,000 retired workers in the United States, but the sales price of cars is far behind the growth rate of its medical expenses. But because of its "large enough to cross" body and in order to avoid chain system risks, the U.S. government invested $30.1 billion in financing for its restructuring.
Goldman Sachs did enter the online banking industry and took a fancy to Etron Financial Management (ETFC). On September 23, analysts advised customers to buy Etron's stock. However, Charles Schwab, which was also favored by Goldman Sachs in the forecast, was advised in reality to "sell it."
According to the current trend, the most accurate prediction of this MBA may be the number, "The Standard & Poor's 500 Index It rebounded in the middle of the year and hit 1,200 points at the end of the year." At least, on November 12, it had rushed to 1098.51 points, rewriting the highest record since October 3, 2008.
"President Obama will usher in the most successful year in the president's history." Can this be considered a prediction? What is the most successful criterion? Is it the speed of economic recovery? The prophet knows like everyone else, that nothing can bring out your excellence better than others' failures.
As for the predictions that "the contemporary art market is the worst-performing market of the year" and "Wall Street will shrink by another 25%", this is the same as whether Obama is the most successful, and it is difficult to find an absolute quantifiable standard. However, at least this trend of "poor" and "shrinkage" is significant. In the first half of 2009, the market price of contemporary art fell by 4.4%, but compared with the astonishing drop of 27.1% in the second half of last year, it can be described as a lot slower. However, Wall Street companies that were unable to recover for a while, withdrew their strategic investments in the Chinese market to their base camp.
In the reality corresponding to the three wrong predictions, "Apple Head" Jobs returned from illness after he recovered, and did not produce a new chief executive; Bloomberg burned money and was re-elected as the mayor of New York for the third time. Ignoring the acquisition of the "New York Times"; the most ridiculous thing is that "the price of crude oil will hover around US$30 per barrel for most of the year." In fact, it has rebounded to US$60 per barrel at the end of May. In recent days, it has been hovering around $80.
Because of greed, Wall Street will never lack the American dream of getting rich and the tragedy of bankruptcy and jumping off the building. In the 1985 movie "Wall Street", the stock market tycoon Gage was imprisoned by punishing evil and promoting good. Thanks to the inspiration of the new story brought by the economic crisis, director Oliver Stone started on this street of desire again. After his release from prison, Geiger could no longer keep up with the new era of financial derivatives. This sequel is rather simply called "Wall Street 2: Money Never Sleeps."
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