wavenovel Chapter 1312, 1321: This is his money, so he can spend it however he wants!
Chapter 1312, 1321: This is his money, so he can spend it however he wants!
Chapter 1312, 1321: This is his money, so he can spend it however he wants!
There's a saying in the United States: "If you haven't been to court in New York, you haven't truly integrated into American society!"
Now, Nakai Genta feels he has finally transitioned from a tourist to a true American.
The U.S. Securities and Exchange Commission has decided to hold its first hearing regarding TreeFriend Capital's alleged manipulation of the stock market for profit.
As November began, the US financial community started to analyze the causes of the stock market crash, and many hindsight experts circulated in the market, with theories such as algorithmic trading, herd mentality, and the lack of a circuit breaker mechanism all sounding very reasonable.
Some random rumors have also spread in society, the most bizarre of which, yet resonating with the public's psychology, is a rumor about the "neon threat".
"It's Japanese capital orchestrating this, shorting the US stock market!" "It's all those damned Japanese's fault!" "The Japanese bought up everything we have!"
Such irrational remarks are very popular among the lower classes in the United States, where the general level of education is not high. However, the American elites have sensed the clues behind these rumors and have turned their attention to a previously inconspicuous company - Tree Friends Capital!
This investment firm is not particularly strong, with a capital scale of less than 10 billion, which is incomparable to large capital firms like Berkshire Hathaway, and also incomparable to investment banks and securities firms in the market that often have billions of dollars.
However, this company has opened the eyes of all investment institutions during this stock market crash!
TreeFriends Capital really made a huge profit this time!
Following an investigation by the Securities and Exchange Commission, it was discovered that Tree Friends Capital used $1 billion as margin and leveraged tenfold to directly manipulate nearly $10 billion worth of short-selling futures, earning a staggering profit of almost 25% in just half a month after the stock market crash!
After closing out the position, they directly earned a profit of up to 15 billion!
There will be a continuous stream of bottom-fishing operations, allowing for a steady and long-term flow of capital. It is estimated that after this stock market crash ends, Shuyou Capital's assets will triple, reaching a scale of 30 billion.
This is already considered a mid-sized capital in the US stock market, not to mention that the money in Tree Friends Capital's account basically belongs to a Japanese private company.
So, in the hearing room of the Manhattan courthouse in New York, David Ludger, chairman of the U.S. Securities and Exchange Commission, John Phelan, chairman of the New York Stock Exchange, and members of the House of Representatives sat high on the hearing bench, ready to face the challenge.
In the very center position sat Genta Nakai, with senior lawyers Robert and George, along with their team, sitting behind him.
The area around it was filled with New York media reporters!
A member of the House of Representatives asked:
"Mr. Nakai, is Shuyou Capital's US branch a wholly-owned investment company of Japan?"
Nakai Genta nodded:
"Yes. So it's the US branch!"
The chubby senator seemed to be provoked:
"Mr. Nakai, you only need to answer yes or no!"
"."
This tough stance surprised not only Nakai Genta, but also the American media, whose cameras flashed several times as they faced the congressman!
It seems this lawmaker is doing this for an election? Is he trying to demonstrate his tough stance against Japan?
However, circumstances dictate actions, and Nakai Genta could only reply:
"Yes"
The congressman continued to ask:
"Mr. Nakai, are you Japanese?"
"Yes"
"Mr. Nakai, do you have a Japanese passport?"
"Of course, Mr. Congressman, I am Japanese."
Please answer yes or no!
".yes."
"Mr. Nakai, did you come to the United States through customs?"
"Yes"
"Mr. Nakai, do you intend to settle in the United States and apply for a green card?"
"No, Mr. Congressman, I am Japanese."
"Mr. Nakai."
Seeing that the congressman was about to dwell on such trivial issues, SEC Chairman David Ludd quickly took over the conversation and began questioning:
"Mr. Nakai, did Tree Friends Capital's US branch know about the stock market crash beforehand?!"
"Forehead"
Nakai Genta was somewhat speechless. How to put it? Naoki-san did know about the stock market crash before it even happened. But that was his own judgment.
"We predicted the stock market crash!"
Upon hearing this, the media present at the hearing became excited, snapping photos incessantly.
"Mr. Nakai, are you admitting that you knew about the stock market crash in advance?"
David Ludger pressed for confirmation, wanting to establish that this was a statement made at the hearing and could be used as evidence! This would provide a basis for subsequent lawsuits alleging stock market manipulation.
"Mr. Chairman, I mean that our Tree Friends Capital predicted the coming stock market crash!"
Nakai Genta remained calm and spoke clearly, word by word.
"This isn't surprising, is it? In fact, Wall Street investment managers have already held secret meetings and have all acknowledged one fact: the stock market is full of bubbles, a crash is imminent, and the arrival of a stock market crash is almost a consensus!"
"They just didn't make a timely and decisive decision!"
A buzzing sound echoed in the hearing room, and those who came to observe were all discussing it in surprise, while some Wall Street investment managers had gloomy faces.
"Quiet! Order!"
John Phelan, chairman of the New York Stock Exchange and the moderator, struck his gavel to quiet the room.
Then David Ludger paused for a moment and continued to ask:
"Mr. Nakai, what evidence do you have for what you're saying?"
"Predictions about a stock market crash have been widely reported by major media outlets this year."
"But those are just media speculations. Did Tree Friends Capital use that as the basis for its short selling?"
David Ludger said loudly,
"You stated in your reply that it was due to the judgment of Naoki Nagayama, chairman of Shuyou Capital, but this reason is far too weak. With billions of dollars involved, is it really possible to operate arbitrarily based solely on the president's idea?!"
"."
Nakai Genta paused for a moment, then gave a somewhat speechless smile.
"This is Naoki Nagayama's money, of course he can spend it however he wants!"
"."
The others at the hearing fell silent for a moment. Yes, it was his own money, of course he could use it however he wanted!
Naoki Nagayama is a super-rich man in Japan. How dare these poor folks, who don't even have tens of millions in their pockets, teach him how to make money?!
After a long pause, John Phelan, chairman of the New York Stock Exchange, finally tapped the gavel:
"Chairman Ludd, you have one minute left."
"Ahem~"
David Ludger snapped out of his daze, quickly gathered his thoughts, and continued asking questions.
"Mr. Nakai, did Shuyou Capital foresee the stock market crash in advance, thereby increasing short selling in the futures market, spreading panic, and manipulating the stock market to reap huge profits?"
"Objection!" "Protest!"
The two senior lawyers immediately demonstrated their value, bypassing Nakai Genta and speaking directly:
"Mr. Chairman, this is not a courtroom; your question is suspected of being leading!"
"."
David Ludger was exasperated. He had originally planned to ask the Japanese man when he wasn't looking, but as expected, senior American lawyers are very responsible.
"Mr. Nakai, you don't need to answer this question!"
However, at this moment, Nakai Genta spoke up:
"I am willing to give a response to the Chairman and the media."
"Yes, Mr. Chairman, Tree Friends Capital did indeed predict the stock market crash in advance, and also shorted the market in the futures market, making some profits by closing out their positions after the sharp drop."
Nakai Genta stood up, facing all the cameras directly.
"But isn't investing simply about predicting stock market trends and making profits? That's what every investment firm on Wall Street, and indeed every firm in the world, does!"
"Investors from all over the world bring money into the US stock market in order to make money!"
"This is the American Dream!"
"It's just that this time, it was Tree Friends Capital who made their dream come true first!"
"What's wrong with this?!"
After saying all this, Nakai Genta felt all the frustration in his chest vanish!
Standing in the middle of everyone and making a big splash—the thrill is comparable to having sex! No wonder celebrities and politicians love the feeling of being the center of attention!
His righteous words stunned the reporters and onlookers! Because what Nakai Genta, this Japanese man, said was indeed grand and righteous, and there was not a single problem with it!
However, David Ludd of the U.S. Securities and Exchange Commission still tried to salvage the situation:
"Mr. Nakai, the United States welcomes any investor to legally make money in the stock market!"
"When purchasing stock index futures, did Shuyou Capital obtain market information through internal data? Did it conceal key information? Did it incite market panic?"
Nakai Genta shook his head:
"No Tree Friends Capital issued a pessimistic outlook in the Japanese stock market a month in advance."
"As for inciting panic, TreeFriend Capital doesn't have that much influence in the US market."
"We do not operate a fund to attract retail investors; we are simply a private investment company!"
"."
The hearing continued smoothly under the presiding judge's direction.
Members of Congress primarily questioned whether Shuyu Capital had been influenced by the Japanese upper echelons, while securities regulators wanted Nakai Genta to explain whether his specific short-selling activities were illegal.
However, it is clear that Nakai Genta and Shuyou Capital have made thorough preparations, with two senior lawyers providing support and numerous teams backing them up. Faced with one question after another, Nakai Genta spoke fluently, and they could not get any other inside information out of him.
TreeFriend Capital has a clear source of funds, its short-selling operations are legitimate, and every penny it earns in the US stock market is legal and compliant.
In the end:
"Mr. Nakai, today's hearing is now adjourned. Thank you for your attendance."
"Supporting the U.S. judicial system is the duty of every legitimate investor in the United States!"
Nakai Genta spoke very generously.
"We hope that today's hearing will reassure securities regulators about Shuyou Capital!"
Thank you again.
Faced with the unassailable Tree Friends Capital, and under the media's lens, even SEC Chairman David Ludd had to reiterate America's democracy, freedom, and rule of law.
Once back in his apartment, Nakai Genta breathed a sigh of relief and began calling Nagayama Naoki in Tokyo to discuss matters related to the hearing.
It was already late at night in Tokyo, and Natsuka had gone to bed early. Yamasakurain was quiet by now.
However, Naoki Nagayama remained in his study, communicating with Genta Nakai by phone. Only after the call ended did he sit down with a glass of wine in his hand, listening to soft blues music and lost in thought.
"Yuan Tai-san should be fine, but getting the money back will be a bit complicated."
Naoki Nagayama lamented that such enormous profits, with funds reaching 25 billion and still increasing, must have been subject to IRS monitoring under such circumstances. Leaving the United States without paying taxes was simply impossible!
"Looks like I have no choice but to stay in the US. Time to buy up big company stocks at rock-bottom prices!"
The US currently has over $25 billion, and the operations in the UK, Canada, Australia, and Hong Kong are nearing completion, bringing the total funds to approximately $35 billion.
This stock market crash has caused global stock markets to fall by an average of more than 30%. Now, everyone is using their money to buy at the bottom, so once the stock market recovers, it will definitely exceed 50 billion!
Moreover, those high-quality stocks will continue to rise. They will definitely double in the next one or two decades!
If it exceeds fifty, it will reach one hundred. As I mentioned to Nakai Genta before, this operation should be considered to have earned Shuyou Capital ten billion US dollars, which can be regarded as an achievement!
"Actually, making so much money doesn't really feel like anything."
Naoki Nagayama poured himself another glass of wine. He knew his net worth was about to skyrocket again, but he no longer felt the excitement he had when it first reached a hundred or two hundred million.
For him now, it's really just a change in numbers.
A billion or a hundred billion US dollars won't change his basic needs; he can already enjoy the best of everything!
"Those financial tycoons are able to make money continuously because they can find enjoyment in investing!"
"That sense of accomplishment, sense of existence, and excitement."
But for Naoki Nagayama, making money was already a certainty. He didn't even need to do anything; he just needed to mine a few thousand Bitcoins with a computer when they first came out, and his future wealth would rival that of the very top earners.
"So, what are these funds going to be used for?"
Naoki Nagayama needs a sense of accomplishment.
"To support a political party to protect the Nagayama family?"
"Or...why not simply support a pro-China prime minister? And make him a good friend of the Chinese people?"
"."
Just as Naoki Nagayama was lost in thought, Akina, wearing a nightgown, opened the study door and walked in. Seeing her husband drinking, her face immediately showed obvious jealousy.
"Naoki-san, he's hiding away drinking!!"
"Uh..." Naoki Nagayama then realized that he hadn't hidden his drink. "Haha, just something to relax a little~"
Akina walked over to her husband's side, her mouth watering at the half-empty glass of wine. She was a bit of a drinker, but she hadn't drunk any alcohol for over a month due to her pregnancy!
Naoki Nagayama keenly noticed this and quickly finished his drink:
"Akina, you can't drink now!"
"Naoki-san~~"
Akina said coquettishly,
Just one bite!
"no!"
Naoki Nagayama locked the drinking glasses in the liquor cabinet! It wasn't that he was heartless, but it's really true that you can't drink alcohol in early pregnancy!
Akina, pouting, looked at the wine stains on Naoki Nagayama's lips, and a surge of impulse welled up inside her.
"You won't let me drink?"
She quickly approached Naoki Nagayama, then stood on tiptoe and suddenly wrapped her arms around her husband's neck, kissing him tightly!
Naoki Nagayama felt a nimble tongue conquering his territory, and instinctively embraced his wife's soft body, a sweet fragrance filling his nostrils.
The young body was instantly aroused, and gradually, a surge of heat rose from below.
"Hmph, but I still got to drink it!!"
Her lips parted, and Akina laughed, her breathing rapid.
Naoki Nagayama, whose desires had been aroused, was helpless:
"Akina, what am I supposed to do now?"
"."
Sensing something amiss, Akina blushed, then hugged her husband and said...
"It's been almost two months anyway, so we can just be gentler."
Besides, recently, because of her pregnancy, Akina has been cramming on how to keep her husband's heart during pregnancy and has learned a lot of new knowledge (and skills)!
"."
(End of this chapter)