Back To 1995

Chapter 894: dark pass song

Pellet Greene slowly walked out of Paulson's office and took a look into the office. Now the entire Nasdaq and the New York Stock Exchange are already wailing everywhere. He doesn't know that the Nasdaq index is really What the **** would the Internet be if Paulson demanded it!

Now the world's major stock exchanges are all being brought down. A storm centered on Silicon Valley is spreading to the whole world. London Stock Exchange, Frankfurt Stock Exchange, Tokyo Stock Exchange, Singapore Exchange, Hong Kong City Exchange, etc. Wait, in these places in the past few years, there have been a lot of Internet and technology companies going public, and now all of them are starting to cry.

Song Yang's value on paper has shrunk by a large amount. Sun Zhengyi, who has become the richest man in Asia, has seen a horrendous drop in value. The stock prices of Yahoo America and Yahoo Japan have both fallen. Softbank, an Internet company, became heavily in debt overnight, and all the dollars invested were in vain. Let alone making dollars, it would be good to get it back.

The situation of Masayoshi Son and Softbank is by no means alone. Venture capital firms in Silicon Valley, small and medium-sized institutions on Wall Street, major foundations, and consortiums are all suffering now. They have all bought more or less Internet companies in the past. Stocks, bonds, Nasdaq index funds, etc., some of them run fast, and after cashing out, they will celebrate the rest of their lives after the catastrophe. collapsed...

In addition, the U.S. knife is now constantly rising, and it is not too fast to cut up leeks from all over the world. This wave is obviously a secret communication between Goldman Sachs, the American financial department, and the Federal Reserve. It was the same as cutting leeks in Southeast Asia a year ago, but this time it is targeting leeks all over the world!

However, Pellet Greene is also a little worried. This wave is really offending people. Back then, Soros cut the leeks in Southeast Asia, and he cut them as soon as he cut them. Don't dare to come to America to arrest people.

But this time is different. Goldman Sachs even cut off the leeks in America, and even the state pension funds, which are regarded as the lifeblood, have been cut off this time. The upstarts in Silicon Valley and the veterans of Wall Street dare not offend Paulson, can't deal with the rest of Goldman Sachs? !

Moreover, Pellet Greene has long heard that Paulson seems to intend to serve in the federal finance department after he becomes famous. Slapped his **** and left, avoiding all the limelight, but where the **** could Pellet Greene go?

Thinking of this, Pellet Greene couldn't help worrying for a while. If Paulson didn't take him away, then Pellet Greene felt that he needed to change his family as soon as possible, so as not to be used as a scapegoat and die for no reason. He was thrown out by Goldman Sachs to quell public anger!

It's not just Goldman Sachs who are trying to sell short, the Nasdaq index can collapse in such a short period of time, it will be cut off in half, and trillions of dollars will be wiped out. If no one is behind this, it is purely rubbing people's brains on the ground !

   It’s just that Goldman Sachs acted as the leading brother, followed by a group of short-selling hyenas, and charged into the battle with Goldman Sachs.

At the headquarters of Deutsche Bank Investment Bank, Edison is also holding a meeting. Although Edison's reputation is not as good as Paulson's, he is also one of the leaders on Wall Street. Deutsche Bank Investment Bank has been under the leadership of Edison in recent years. , has become a presence on Wall Street, and is already in the same echelon as Goldman Sachs, Morgan, Bear Stearns, Merrill Lynch, and Lehman.

Edison also saw everything Paulson did, but what Edison didn't expect was that Paulson was so bold that he would rather invest in ICQ, Yahoo, Microsoft, AOL and other companies invested by Goldman Sachs. All the stocks in the company have been smashed out, and the Nasdaq will also be smashed!

   "Deutsche Bank Investment Bank, clear all the Internet stocks it holds as soon as possible, and increase short-selling of Nasdaq. That guy Paulson will not let go easily!"

   Edison said to the executives of the Deutsche Bank Investment Bank that Edison's character is rebellious, but it doesn't mean that he will set his eyes on the top and insist on competing with Paulson.

   "Including Bruno Song's ICQ, Double Click, eBay, Amazon, Fortinet, Sohu, Yeadex and other companies' stocks?!"

Edison's confidant, Anshu Jain, hesitated for a moment, and asked Edison, the stocks he was talking about were recently made a name by the outside world, called "Bruno concept stocks", and these listed companies have One feature is that it has a close relationship with Song Yang, either it was established by Song Yang, or Song Yang is its major shareholder.

But now, when the entire Internet is short of money, Song Yang has a large amount of cash in his hands. The outside world thinks that Song Yang can't just watch the stock prices of companies such as Feita, Double Click, and eBay keep falling or even collapse. Well, in that case, Song Yang's loss will be even greater.

There are not a few leeks who have this idea, and even many Wall Street institutions and foundations have this idea, which has led to the stock prices of companies such as eBay, Amazon, and Fortinet, which are still very strong, although they are still far from the high point. It has fallen a lot, but it will not be liquidated directly like the Pest website.

   Edison glanced at Anshu Jain, wondering how he could have such kindness, "You think Bruno Song will save these companies?!"

With a sneer, Edison, who had dealt with Song Yang several times, couldn't help shaking his head and said, "That kid ran so fast, how could he come back at such a big risk, even if he came back, he would come back to pick it up When it's cheap!"

  Looking at his disciples, Edison said to Anshu Jain earnestly, "Don't put your hopes on illusory hopes, especially on other people. In Wall Street, you can only believe in yourself forever!"

Anshu Jain was silent for a moment, and then walked out of the conference room. Although he didn't know whether what Addison said would become a reality, but this time, Anshu Jain really felt that he had been taught a lesson. Before the Internet collapsed, Wall Street and Silicon Valley is a family, all kinds of you and me. As a result, at the critical moment, they stabbed each other. They are not soft at all. They also sit on the mountain and watch the tigers fight, watching the whole company go to collapse, and they are all on the sidelines.

   "Continue to short Nasdaq tomorrow, and all overseas markets will also be short!"

  In the office building of the Castle Fund, which was hunted by Song Yang when he shorted the Double-click Company back then, Ken Griffin, the president of the Castle Hedge Fund, was waving his arms and shouting at his subordinates.

  After being hunted down by Song Yang, the Castle Hedge Fund was seriously injured, and Ken Griffin also lost a lot of dollars. He has been keeping a low profile for the past few years, slowly licking his wounds.

   This time, Ken Griffin finally found the opportunity. During this time, the castle hedge fund has made all the losses in the past few years.

   But Ken Griffin is not reconciled to just making a small amount of money. A few years ago, he was hunted for short double-clicking, which was regarded by Ken Griffin as a great shame in his career.

   "Bruno Song!"

Standing at the window of the office, Ken Griffin looked into the distance, as if he wanted to penetrate the tall buildings in front of him, and saw Song Yang far away in San Jose. He took a deep breath, "Next time, let's see who will become Winner!"

Ken Griffin felt that there must be a chance to fight Song Yang. He knew that Song Yang could not really watch those companies delisted by short selling, but Ken Griffin would definitely not miss this opportunity. Second chance!

Goldman Sachs, Deutsche Bank Investment Bank, Castle Hedge Fund, Bridgewater Fund, Tiger Fund, Quantum Fund and other hedge funds, plus Wall Street wolf Carl Icahn and other investors who like to short, as well as a group of banks, Institutions, seeing that the situation was not right, began to secretly join the short-selling camp.

  Many leeks, as well as bold investors, and even fund managers who have lost too much money, have begun to gamble heavily, betting that Nasdaq, which has fallen by half, can stop the decline, gain a firm foothold, and even start a counterattack.

  However, when Nasdaq opened again, it began to collapse all the way. ICQ, Yahoo, AOL and other leading Nasdaq brothers did not set off any resistance at all, and they fell directly.

The Nasdaq index fell another 8% that day, and when they saw that Song Yang had no idea at all and took action to save companies such as ICQ, eBay, Amazon, and Fortinet, those speculators who had a fluke mentality also completely lost their mentality. It collapsed and began to sell these stocks crazily. Even if Fortinet, ebay and other companies issued announcements, claiming that they had sufficient cash reserves and would not fail, they still couldn't stop the decline.

  The entire Nasdaq collapsed completely, and the leeks gave up their last resistance and began to rush to flee. Funds issued by Wall Street institutions and funds on the PayPal platform were also redeemed in large sums, and a death spiral was finally formed!

The American Securities Commission also released a preliminary investigation of WorldCom, confirming that Cynthia Cooper's testimony is true, and the big thunder that WorldCom made was not more than nine billion dollars, but It's 11 billion US dollars, just this, I still haven't got into it, I only investigated WorldCom's accounts for the past two years!

  As soon as the news came out, the share price of WorldCom, which had fallen by half, became a junk stock. No one bought it anymore. WorldCom's bankruptcy or reorganization was a foregone conclusion!

Subsequently, more than 25 American banks stepped forward first, and demanded that WorldCom repay the $2.5 billion owed to them as creditors. Take Shitong's property, lest they lose everything.

  Five days later, WorldCom, which had collapsed, filed for bankruptcy and reorganization. At the beginning of the year, WorldCom, one of the three major telecommunications giants in America, became the largest bankruptcy and reorganization case in American history!

  The collapse of WorldCom only accelerated the collapse of Nasdaq, and investors were a little numb.

   After WorldCom, the Federal Securities Commission and the Federal Ministry of Justice also announced the launch of an investigation into Arthur Andersen.

  WorldCom went bankrupt and reorganized, Arthur Andersen was investigated, and the pressure came to the crumbling Enron Group for a while.

   Before the news of Enron, the news that really made Internet investors around the world cry, and Wall Street’s mentality collapsed, was that AOL Time Warner announced a significant impairment of goodwill, setting a record loss of US$54.2 billion in a single quarter!

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