Back To 1995

   Chapter 365

Spector and Dick Feld both thought that Song Yang would not dare to smash the table. After all, they were really unable to close their positions in Wall Street institutions. They must have no good fruit to eat, but in the same way, double-clicking here will definitely Can't eat and walk around.

   Really have to be serious and let the Federal Securities Commission, the Federal Department of Justice, and even Capitol Hill get involved. At that time, one of the people present today will be counted as one, and then they will not be able to eat good fruit.

   After all, the Wall Street-based global financial order built by America took more than half a century. If the foundation is shaken because of this incident, then it is estimated that both the elephant party and the donkey party will jump.

   Everyone present today knows that there must be a result today, and whoever suffers will suffer, but now Song Yang has really smashed the table, how can he not surprise the investment banks, brokerages, and hedge fund managers present.

Looking at Song Yang's attitude of leaving at any time, Spector, Dick Ferd and others felt that their hearts were holding back a sigh of relief, but they couldn't let it out. They now vaguely know why they used to cut leeks. , is useless on Song Yang.

The so-called horizontal is afraid of being stunned, and the dumb is afraid of death. Spector suddenly felt that when Song Yang was about to use double-click as a hunting, he was already ready to lose double-click, at the price of losing double-click. Give them a slap in the face too!

   And they, investment banks, hedge funds, they all thought that Song Yang would never give up double-click, and the result turned into this situation, Spector felt that this time, they did not seem to have lost unjustly...

   Harvey Pitt, Ken Griffin and others, seeing Song Yang's move to throw the platform, their eyelids couldn't help but jump a few times, and Harvey Pitt, who acted as a clay Buddha, couldn't sit still at this time.

   "Song, Spector, Dick Feld, there must be a result today, otherwise it won't be me who will handle this!" Harvey Pitt gave both sides a warning at the same time.

  In the ICQ office building in San Jose, when the swords were drawn, the major investment banks and institutions on Wall Street were also paying attention to this matter. After the hedge funds that knew how to short-sell were set up, institutions that entered the market and fished 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 entering the ICQ office building on TV, he shook his head regretfully and turned to his confidant Pelle Gerry. Nee said, "I thought that lunatic Bruno Song and Edison would never let go of Bear Stearns, Lehman Investment Bank, and those brokerages and hedge funds!"

   Paulson, who still wanted to watch the big show again, saw that he couldn't stand it anymore, but he still had a smug smile on his face. This wave of Goldman Sachs also made crazy money.

   "Should we clear our positions, once Double-click, Deutsche Bank, KKR Group, and Bear Stearns and other brokerages have reached an agreement to release tradable shares, Double-click's stock price may fall immediately!"

Pelle Greene looked at Paulson and asked, Goldman Sachs definitely bears the brunt of the double-click's price rise this time. When he found that the short-selling rate of Double-click had exceeded the tradable shares, Goldman Sachs started to build positions and kept pushing up the stock price. , Goldman Sachs conservatively estimates that they have earned more than several times, and this wave is enough to bring several hundred million dollars in dividends for Paulson and the Goldman Sachs board and management.

   Paulson glanced at the double-click stock price that was about to rise to the sky, "Start to close the long option, and establish a short option for the double-click!"

  Like Kravis, Paulson is also ready to cut another crop of leeks with his backhand. As long as the agreement on the San Jose side is completed, the double-click stock price will not be able to soar, and it will definitely start to fall sharply at that time.

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

   Like Goldman Sachs, there is also Icahn, Carl Icahn is calling people to prepare to sell DoubleClick stock at a high price.

   However, Carl Icahn did not sell all the Double-click stocks. Hearing that Carl Icahn wanted to keep some Double-click stocks, Carl Icahn's assistant couldn't help but confirm to him, "Keep some Double-click stocks?"

   Seeing the surprised look of his assistant, Carl Icahn raised his brows, "Wait until the stock price of Double-click stabilizes and continue to acquire Double-click stocks, I will enter the Double-click board of directors!"

The assistant looked at Carl Icahn and hesitated, wondering if he was really old and confused. After this battle, all the ghosts and demons on Wall Street are probably going to run around the double-click. I dare not say that it will never be possible in the future, at least Within a few years, it is estimated that few Wall Street institutions will dare to play the double-click stock. The double-click stock price will enter a state of "stagnation" for a long time, but Carl Icahn wants to enter the double-click company, which is naturally puzzling.

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

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

"Double-click requires the current stock price to close the position!" Kravis said on behalf of Double-click Company. It is most beneficial for Double-click and KKR Group to close the position at such a stock price. Transfer the tradable shares to these brokerage institutions and hedge The fund can get billions of dollars in cash at one time!

"This is impossible!"

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

   "Mr. Bruno, by double-clicking the stock price of more than $150, we can't accept it. Even we can't raise that much cash right away!" Ken Griffin looked directly at Song Yang and said.

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

In other words, Ken Griffin is also one of the initiators of the game station, Leek Wars Wall Street, and Wall Street pulls out the network line. The leeks in the game station use trading software that claims to not charge commissions, which attracts a lot of leeks to use the stock The trading software is called Robin Hood.

The Robinhood trading software does not directly participate in orders like Bloomberg and Flush, but hand over orders placed by leeks to other brokerages or institutions for processing, and Castle Fund is one of them, and nearly half of the orders , are all completed by the Castle Fund. When unplugging the network cable, it is said that there is no Castle Fund's reason, without the pressure of Ken Griffin, Robin Hood Trading Software will never dare to remove the network cable to delete the code.

When Ken Griffin saw Song Yang's gaze at him, it was vaguely strange and special, but Ken Griffin, who has rarely appeared in front of the media, was certain that this was the first time he had met Song Yang. I don't know why Song Yang looked at him with such an expression.

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

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

   Hearing Song Yang's words, Double Click Company, Kravis, Edison and the others were stunned for a moment, then suddenly reacted, looking at Song Yang with a strange look.

  Addison heard Song Yang's plan to divide the three birds with one stone. This is disgusting people. Are these people here really united? !

   Of course that's impossible, but it's all because the losses are too bad, so they hugged together to keep warm. Now Song Yang gave Bear Stearns and other investment banks, brokerages, and hedge funds different closing stock prices, and they were directly separated.

Sure enough, after hearing Song Yang's "suggestion", Spector and Dick Feld were shaken suddenly. The closing price was $50, although they would also lose hundreds of millions of dollars. Can you close the position with one hundred and fifty dollars? !

More than 20 brokerages, seeing the expressions of Spector and the two, suddenly felt bad, and it really responded to Carl Icahn's words, believe the words of Wall Streeters, it is better to raise a dog, Bells Denton and Lehman Investment Bank, which is obviously ready to sell them.

  Without the lead brother, the companies present today would basically become a mess.

   Without thinking much, Spector and Dick Ferd agreed to Song Yang's proposal. As for whether other brokerages and Castle Hedge Fund are dead, what does it matter to them?

"We are willing to reach a liquidation agreement with Double Click Company at the price of fifty dollars!" Spector and Dick Feld said directly, then got up and left directly, starting with Double Click, KKR Group Deutsche Bank Investment Bank, etc. handover.

   Seeing this scene, other brokerages and hedge funds were immediately dumbfounded. They sold their teammates so much that they didn’t avoid it, so they just sold them face to face!

A group of hedge funds also glared at Ken Robert. They didn't know what he was talking about. If it wasn't for him, Song Yang would not have targeted them. They're a bunch of hedge funds.

Seeing the gazes of his peers, Ken Griffin felt helpless for a while. At this time, he actually threw the blame on him. Although what he said just now was for the Castle Hedge Fund, it was also for their hedge fund. The fund, as a result, at this time, it blamed him.

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

After Lehman Investment Bank and Bear Stearns accepted the liquidation agreement, the 20 brokerages struggled for a while. Double-click agreed to lower the stock price by $10 to $90. After letting them close their positions, they also exited the market. That leaves the Castle Hedge Fund gang.

   (end of this chapter)