While Feng Yu and the rest are laughing, someone is frowning.
Soros thought he still has a chance to recover his losses as he still has funds. Although it is not a lot, he can recover his losses if he manages it well.
But when it rains, it pours. At this time, there is a problem in the Quantum Fund!
No one knows when it started, but there are discordant voices in Quantum Fund. They say that Soros had lost all his investors' money and will go bankrupt soon.
Soros can no longer give those brokers the money he promised. They had not received a single cent of their salaries this year, and they are only getting their annual salaries. The brokers do not expect bonuses and only want to receive their salaries and commissions according to their contracts.
So, many brokers in Quantum Fund started to apply for an advance on their salaries, and many of them want a year's salary in advance.
In the past, this will not be a problem, and even if all the brokers' salaries are paid in advance, Quantum Fund will still be rich.
But now, it is different. Quantum Fund had invested all its money into the futures market to recover its losses. They can't even give those brokers a month's salary in advance, let alone a year's salary in advance!
Even this month's office budget had been reduced, and Soros had used his properties and luxury cars as mortgages to invest in Quantum Fund.
Even if Soros can recover his losses with the funds he had set aside, he will not get any profits. Soros had promised his investors at least 10% of the profits.
If Soros cannot make any profits, he will have to use his own money to make up for the losses. Quantum Fund's assets will shrink, and Soros will drop out of < Forbes > list of billionaires, and Quantum Fund will be in trouble again.
The Quantum Fund once fell into a serious crisis. At that time, several investors withdrew their funds, and Soros bought the Quantum Fund himself. He was very satisfied at that time, as he finally had control of the fund.
But this time is different. Soros's assets had shrunk and might even be bankrupt. It will be difficult for him to make a comeback!
He didn't know why this had happened. The company's agent had always trusted and admired him, and even listened to everything he said. But this time, the brokers under him are rebelling!
"Boss, what should we do? If we don't give those people their salaries, our operations will be in trouble. " Drucken Miller was a little anxious. How could the few of them handle so many contracts? What's more, these contracts were through multiple accounts.
The futures market was ever-changing. If they did not operate in time, not only would they lose their profits, but they might even suffer a loss.
The sudden devaluation of Rubles is a good example. They had reacted fast, but they still suffered heavy losses.
"Steady, we must steady them. Tell them that half a month, just hold on for another half a month, and we will be able to solve our financial problems. Not only will we be able to pay them their salaries in full, but we will even give them a bonus! "Soros had already lit his second cigar. He forced himself to calm down.
"Boss, I think it's better for you to step in at this time. Only you can calm those agents down. My persuasion with Miller and the others is useless."
"Yeah, boss, we believe you, and so do those people, but they might not believe us."
"Boss, do you want to try firing two of them to deter the others?"
The Four Great Vajras spoke one after another, giving Soros ideas. Their interests are tied to Soros, and even their money is invested into the Quantum Fund.
"Hmph! Last year, when we made so much money, we had given them a lot of bonuses and commissions. It's much higher than their salaries. Now, they dare to do this, and we should teach them a lesson! "Drucken Miller snorted.
Soros regretted his decision. If he had given the brokers such high bonuses after Christmas last year, he would have more money in his company's accounts. Maybe he should also hold back the investors' earnings, and the brokers will have more money.
But if he had done this, he might suffer more losses this time, and he might not even have the chance to make a comeback.
Now is not the time for them to regret. They must think of a way to overcome this crisis. It would be great if he could get another investment. Not only would he be able to recoup his losses, but he would also be able to make some profits to revive Quantum Fund's reputation!
"Boss, hurry up and watch XX TV program!" Soros's secretary rushed into the room and shouted.
Soros and the rest quickly switch on the TV. It's a financial program, and Soros's eyes twitched when he saw the broker in the program!
Soros looked at Miller, and Miller was also shocked. Isn't this the broker they had sent to Feng Yu's side? How come we don't know this person is on this program?
"I had said that I know more about Quantum Fund than you all. I used to work in a small fund management company controlled by Quantum Fund, and I am familiar with Quantum Fund's operations. This time, I am sure Quantum Fund had lost all their clients' funds. "
"That's right. Quantum Fund will reserve some funds, but you all can go and take a look. Those funds are Quantum Fund's own accounts and not their clients' accounts. That means even if their clients lose all their money, their funds will still be there. Once the clients go to court, Quantum Fund can hire lawyers to fight against them. Before the verdict is issued, Quantum Fund's boss can still live comfortably, while the investors will suffer heavy losses. Even if he returns the money in the future, wouldn't those investors suffer losses? I'm just saying that it's possible. What about the interest? Shouldn't they get high returns from investing so much money? "
"Miller, what happened?" Soros asked angrily.
"Boss, I am not sure. But I am sure that Soros had betrayed us!"
Miller was also furious. He had given Soros a lot of money privately, but he got betrayed in return! Suddenly, he remembered that if the person they sent out could betray them, then the people in the company will also betray them.
"Boss, someone in the company must have betrayed us!" Miller shouted. He even wanted to say that Feng Yu might be the one who instigated the betrayal.
The other three fund managers were shocked, and Soros extinguished his cigar in the ashtray.
"Investigate! Investigate immediately! I will go and appease those brokers. You all need to think of a way to lead everyone to continue with the strategy we had discussed. Whether we can make a comeback will depend on these two weeks! "
Soros rushed out of his office, and Miller and the other three fund managers looked at each other and followed suit.
… …
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