Back To 1995: Chapter 365 Shake the pot

  Chapter 365 Shaking the Pot

Both Spector and Dick Fuld thought that Song Yang would not dare to hit the stage. After all, Wall Street institutions like them couldn’t close their positions. I can't eat and walk around.

  If we really want to keep it serious, let the Federal Securities Commission, the Federal Department of Justice, and even Capitol Hill get involved, then by that time, one person present today will count as one, and then all will suffer.

   After all, it took more than half a century for America to create a global financial order based on Wall Street. If the foundation of the Wall Street-based global financial order is shaken because of this incident, it is estimated that both the Elephant Party and the Donkey Party will have to jump.

  Everyone present today knows that there must be a result today, and it depends on which side suffers, but now Song Yang really smashed the table, how can he not surprise the investment banks, brokerages, and hedge fund managers present.

Seeing Song Yang's posture of leaving at any time, Spector, Dick Fold and others felt that they were holding a breath in their hearts, but they couldn't vent it. They now vaguely understand why the previous method of cutting leeks , it is useless on Song Yang.

The so-called horizontal ones are afraid of being stunned, and those who are frightened are afraid of dying. Spector suddenly felt that when Song Yang was about to use double-clicks as a hunting, he was already ready to lose double-clicks. At the price of losing double-clicks, Give them a hard time too!

  Whether they are investment banks or hedge funds, they all thought that Song Yang would never give up the double-click, and the result became this situation. Spector felt that their loss this time seemed unjust...

  Harvey Pete, Ken Griffin and others saw Song Yang's action of falling off the platform, and their eyelids couldn't help but twitched a few times. Harvey Pete, who was acting as a clay bodhisattva, couldn't sit still at this time.

   "Song, Spector, Dick Feld, there must be a result today, otherwise I won't be the one who handles this matter!" Harvey Pete gave both sides a warning at the same time.

  In the ICQ office building in San Jose, when the swords were on the verge of breaking out, major investment banks and institutions on Wall Street were also paying attention to this matter. Since the hedge funds that knew to be short were set up, institutions that entered the market to fish in troubled waters continued to appear.

And the biggest fish among them is undoubtedly Goldman Sachs. When Paulson watched the scene of Spector and others walking into the ICQ office building on TV, he shook his head with a little regret and turned to his confidant Pellet Gerry. Ni said, "I thought Bruno Song and Edison, that lunatic, would never let Bear Stearns, Lehman Investment Bank, and those brokerages and hedge funds go!"

   Paulson, who still wanted to watch another big show, couldn't bear to watch this show, but he still had a smug smile on his face. This wave of Goldman Sachs is also crazy about making money.

   "Should we clear our positions? Once DoubleClick, Deutsche Bank, KKR Group, Bear Stearns and other brokerages reach an agreement to release the tradable shares, DoubleClick's stock price may drop immediately!"

Pellet Greene looked at Paulson and asked, Goldman Sachs must be the first to bear the brunt of the double-click stock price rise this time. When it was found that the double-click short-selling rate had exceeded the tradable shares, Goldman Sachs began to build positions and continuously pushed up the stock price. It is conservatively estimated that Goldman Sachs has earned more than several times. This wave is enough to bring dividends of several hundred million dollars to Paulson, Goldman Sachs' board of directors and management.

   Paulson took a look at the stock price of Double-click, which was about to rise to the sky, "Start closing long options, and open short options for Double-click!"

  Like Kravis, Paulson is also planning to backhand another crop of leeks. As long as the San Jose agreement is completed, the double-click stock price will not be able to soar, and it will definitely start to fall sharply at that time, and short selling will make a lot of money at that time.

   "What I don't know now is what kind of stock price will be used to make those hedge funds close their positions if they double-click over there!" Paulson said with a look of watching.

  Same as Goldman Sachs, there is also Icahn Company, Carl Icahn is also calling people to prepare to sell double-click stocks at high prices.

  However, Carl Icahn did not sell all the double-click stocks. When he heard that Carl Icahn wanted to keep some double-click stocks, Carl Icahn's assistant couldn't help but confirm to him, "Keep part of the double-click stocks?"

   Seeing the astonished expression of the assistant, Carl Icahn raised his brows, "Wait until the double-click stock price stabilizes, and continue to buy double-click shares. I want to join the double-click board of directors!"

The assistant looked at Carl Icahn hesitant to speak, wondering if he was really old and confused. After this incident, all the ghosts and monsters on Wall Street are probably going to run around Double-click. I dare not say that it will never be possible in the future, at least In a few years, it is estimated that no Wall Street institutions dare to play double-click stocks. Double-click stock prices will enter a state of "stagnation" for a long time, but Carl Icahn wants to enter Double-click, which is naturally puzzling.

Seeing the assistant's expression, Carl Icahn just smiled and didn't say much. He wanted to join the double-click board of directors, not for the double-click company, but because of Song Yang. Carl Icahn is very interested in Song Yang now. Moreover, Carl Icahn, who has a keen sense of smell, can feel that Song Yang will never be able to rest in peace...

  In the ICQ office building in San Jose, people on both sides are still arguing, but at this time Spector, Dick Fold and others will no longer be unrealistic, and they will use the double-click stock price a week ago to close their positions.

"Double-click requires the current stock price to close the position!" Kravis said on behalf of Double-click, such a stock price to close the position is the most beneficial for Double-click and the KKR Group. The fund can get billions of dollars in cash at one time!

"This is impossible!"

As soon as Kravis finished speaking, he was objected by the representative of the hedge fund. According to the current price, they would lose money and go bankrupt. Even Ken Griffin, who had been silent in the corner, would Can't help it.

   "Mr. Bruno, double-clicking the current stock price of more than 150 dollars, we can't accept it. Even we can't raise so much cash immediately!" Ken Griffin said, looking directly at Song Yang.

  Song Yang heard Whitman's introduction to Ken Griffin, and after hearing that he was the founder of the Castle Hedge Fund, he couldn't help but take another look at him.

In other words, Ken Griffin is also one of the instigators of GameStop, leeks fighting Wall Street, and Wall Street unplugging the network cable. The trading software used by the leeks of GameStop, which claims to not charge commissions, has attracted a lot of the stock used by leeks. The trading software is called Robin Hood.

The Robin Hood trading software does not directly participate in orders like Bloomberg Machine and Flush, but hands over the orders placed by leeks to other brokers or institutions for processing, and Castle Fund is one of them, and nearly half of the orders , are all completed by Castle Fund. When unplugging the network cable, Robin Hood trading software would never dare to unplug the network cable and delete the code because of the Castle Fund and the pressure from Ken Griffin.

Ken Griffin saw Song Yang looking at him, vaguely strange and special, but Ken Griffin, who seldom appeared in front of the media, was sure that this was the first time he met Song Yang, I don't know why Song Yang looked at him with this look.

Song Yang glanced at Ken Griffin, then at Spector, Dick Fold, and others, then coughed suddenly, attracting everyone's attention, and said, "At the current double-click stock price Closing positions is indeed a bit unfair to some companies present."

   "I propose to let Bear Stearns, Lehman and other investment banks close their positions at a price of 50 dollars, let the brokerage companies present close their positions at a price of 100 dollars, and let Castle Hedge Fund and others liquidate their positions at the current price!"

  Hearing Song Yang's words, Double-click Company, Kravis, Edison and others were stunned for a moment, and then they suddenly realized that their gazes at Song Yang became a little strange.

  Edison heard Song Yang's splitting plan of three birds with one stone, this is disgusting people, are the group of people here today really united? !

  That is of course impossible, but it’s all because of the terrible losses, and they hugged each other for warmth. Now Song Yang gave Bear Stearns and other investment banks, brokerages, and hedge funds different liquidation stock prices, and directly separated them.

Sure enough, after hearing Song Yang's "suggestion", Specter and Dick Fold were suddenly shaken, and the liquidation price was fifty dollars. Although they would also lose hundreds of millions of dollars, it can be compared Wouldn't it be strong to close the position at a price of one hundred and fifty dollars? !

More than 20 brokerages, seeing the expressions of Spector and the other two, felt bad for a while, and they really responded to Carl Icahn's words, believing what Wall Street people say, it is better to have a dog, Belles Deng and Lehman investment banks, this is obviously a posture of preparing to sell them.

  Without the leading brother, all the companies present today will basically become a mess.

   Without much consideration, Spector and Dick Fuld agreed to Song Yang's proposal. As for whether other brokerages, castle hedge funds, etc. are dead, what does it matter to them?

"We are willing to reach a liquidation agreement with DoubleClick at a price of fifty dollars!" Specter and Dick Fold said directly, then got up and left directly, and started to work with DoubleClick, KKR Group Deutsche Bank Investment Bank, etc. handover.

   Seeing this scene, other brokerages and hedge funds were dumbfounded. They didn't avoid selling their teammates, so they sold them face to face!

A group of hedge funds also glared at Ken Robert. I don’t know what he was talking about just now. If it wasn’t for him, Song Yang probably wouldn’t have targeted them and the hedge funds in this way. These hedge funds are the ones who take the blame.

Seeing the eyes of his peers, Ken Griffin felt a burst of helplessness, and at this time he turned the blame on him. Although what he said just now was for the Castle Hedge Fund, it was also for their hedge funds. Fund, it turned out that at this time, he was blaming him instead.

Ken Griffin now understands that when it's profitable, these hedge funds can join forces and pounce on opponents like hyenas, but when the time comes to blame, they start dumping each other and only make a profit , We can't share weal and woe, when it's time to take the blame, these hedge funds run faster than rabbits!

After Lehman Investment Bank and Bear Stearns accepted the liquidation agreement, 20 brokerages struggled for a while, and Double-Click agreed to drop ten dollars and let them close their positions at a price of ninety dollars, and then exited directly. That leaves the Citadel Hedge Fund gang.

  (end of this chapter)