The funds that Luo An provided to Michael Brey, aside from the 475 million US dollars used to purchase CDS financial products, also included 80 million US dollars, which Michael Brey used to short the stocks of investment companies like Morgan Stanley and Goldman Sachs.
Initially, Michael Brey stated that as long as the federal housing prices started to decline, the 450 million US dollars worth of financial products could at most be converted into 3 billion US dollars.
Luo An didn't pay much attention to the numbers Michael Brey mentioned; he estimated the figure to be around 1 to 1.5 billion US dollars.
Luo An had a deep understanding of the characteristics of the people on Wall Street; cutting power and unplugging the network cable were the tactics they excelled in.
