Back To 1995

  Chapter 924 Stretch frame

  The Federal Securities Commission doesn't want the Nasdaq to rise too far, but also doesn't want it to fall too badly, which is even worse.

The collapse of Nasdaq this time can be said to be a combination of natural disasters and man-made disasters. The Internet is not a small bubble, but if it weren't for the ripening of Wall Street, large sums of money were invested in Silicon Valley, and the continuous momentum was built, Nasdaq would not It may have soared to this point in just a few years.

  Similarly, this Internet crash was also fueled by a group of Wall Street institutions, otherwise how could it be so tragic.

   Now that Nasdaq is about to collapse, companies like Lehman Investment Bank, Bear Stearns, and Schwab Securities are still short-selling. The Federal Securities Commission is naturally dissatisfied.

   After all, the money is earned by these institutions, but it is the Federal Securities Commission who is scolded. If the public opinion is too loud, someone will have to take the blame, or even be kicked out of office. I will be happy.

Song Yang was hunting down Wall Street short sellers, while the Federal Securities Commission had a lot of thunder and rain, clamoring to investigate those who manipulated the stock price, but in the end he was just watching a show, and it took him a few days before he slowly stood up." Uphold justice" and began to speak "fair words"!

  Dick Fold and Specter looked at Harvey Pete coldly.

   "If he is really made the boss of the Federal Securities Commission, I'm afraid our life will not be easy!"

Dick Fuld whispered to Spector that Wall Street was not the base of the Elephant Party. If Harvey Pete became the head of the Federal Securities Commission, he would definitely not treat Lehman Investment Bank and Bear Stearns Investment Bank If you have a good face, you will have to beat them.

Specter also had a gloomy expression on his face, and his expression was not much better. Originally, this time, he wanted Bear Stearns Investment Bank to regain the position he lost in Double-click Company a few years ago. He regards it as a shameful disgrace to his career.

  The president of one of the top five Wall Street investment banks actually came to sue for peace in person, which almost became one of the stains in Spector's career. He wanted to wash away this stain, so he provided ammunition to those hedge funds.

   But I didn't expect that the same **** pit would be dropped twice in a row. Spector's current president position is a little unstable!

   "Even if the Elephant Party and the Cowboys win this time, and Harvey Pete becomes the boss of the Federal Securities Commission, he will have a day to go. Only Wall Street people can solve the affairs of Wall Street!"

Spector glanced at Harvey Pete, and said to Dick Feld in a cold voice, obviously he didn't plan to expect Harvey Pete to stand on their side, but he had written down the account .

Dick Fuld nodded calmly. Even if Harvey Pete became a powerful person, he offended Wall Street, and he can still be dealt with. It just takes time, even if it is a little cowboy, it is unlikely. For him, he fought with several major investment banks on Wall Street.

   On the other hand, it was Song Yang. Dick Fold and Spector were really helpless, and Song Yang didn't depend on them for food.

Moreover, there are also a group of supporters on Wall Street. Deutsche Bank Investment Bank does not mention it. Goldman Sachs, Citigroup, Merrill Lynch, etc. all maintain open cooperation with Song Yang, especially the PayPal payment platform, which is cooperating with these institutions and banks. Every year, they help Goldman Sachs to issue a large number of funds and bonds, and cooperate with PayPal. Their revenue and user scale have actually increased, which makes the two parties now in a honeymoon period.

  Goldman Sachs, Merrill Lynch, etc., it is impossible to take action against Song Yang now. As long as there is still money to be made, the two sides will not turn against each other immediately.

  Lehman, Bear Stearns Investment Bank, etc., if they want to take action against Song Yang, they have to fight like a short seller, but whoever loses wins is not necessarily the case...

  The plane landed at San Jose Airport. Dick Feld, Spector and others, escorted by security personnel, hurriedly left the airport by car without accepting any interviews.

Let them say what they said, just like last time, they were chased by the media and reporters, asking how much money Lehman and Bear Stearns had lost this time, and whether they would be implicated in bankruptcy. Will Pequot be kicked out because of this?

  Knowing that they were being scolded, Dick Fuld and the others didn’t bother to provide materials for the media. Anyway, at this time, they couldn’t hear any good things at all, so why bother to make themselves feel uncomfortable? It’s not that they have psychological problems.

  The media’s way of making a fuss out of nothing, throwing money at wounds, desperately disgusting people, and finally making up for the knife, they have seen too much, as the saying goes, if you can’t beat it, can you still hide it? !

  Dick Fold and the others arrived, but Song Yang ignored them at all, while Harvey Pete and a few other members of the Federal Securities Commission received a warm welcome.

  In the evening, Song Yang held a grand private banquet for Harvey Pete in the name of the Bruno family, and invited many celebrities from San Jose to express his welcome to Harvey Pete.

   "Congratulations, Harvey, to the 26th head of the Federal Securities Commission of America!

   It won't be long before I want to be able to attend your inauguration! "

After introducing a group of celebrities in San Jose to Harvey Pete, Song Yang raised his glass and said to him, this matter is not a secret, it has been spread around for a long time, Harvey Pete is basically an elephant party inside the Federal Securities Commission, The supporter with the highest position, the Cowboys don't choose him, it is really unreasonable.

At this time, Harvey Pete has nothing to do with Song Yang. When he reaches this step, it is time to need the support of the big benefactor. In addition to his own ability, every step forward, Behind them all need big benefactors to provide support.

And Song Yang is Xiangdang, one of the biggest benefactors at present. With Song Yang's age, it may be the same in the next few decades. If you don't get involved with the big benefactor at this time, you have to wait until the daylily is cold. ?

   Laughed, Harvey Pete said reservedly, "Everything is unknown, and we can only know this after the victory and defeat of the Grand Commander election!"

   "Song," Harvey Pete seemed casual at this time, and said with a smile to Song Yang, "If something happens to me at the Federal Securities Commission, I hope Song can provide some support!"

  In this world, there are no fools, and Harvey Pete is not stupid. He knows that he is from the Communist Party. He is naturally at a disadvantage in the Federal Securities Commission and Wall Street. I don’t know how many people are staring at him, trying to find fault with him.

Even if he became a member of the Federal Securities Commission, he doesn't know how long he can stay, maybe he will be driven out soon. At this time, Harvey Pete needs to go through the revolving door and enter a large company to recuperate, and then slowly Waiting for the opportunity to seek a "comeback", this is also the normal state of American congressmen, ups and downs are normal, as long as people are not dead, they have a chance, of course, even if they die, they still have a chance to be elected to the state assemblyman...

And if there are no supporters of big donors, then being kicked out, it is estimated that it will really be a calf, unable to enter a large company, unable to get a high salary, no exposure, and no way to clean up public relations. In a few months, it is estimated that It becomes a passerby, so Harvey Pete is arranging a way out for himself.

Song Yang was not surprised by Harvey Pete's words. Not only him, but also Adrian, Tom Delay, the current boss of Houston, the mayor of San Jose, etc., have also sought similar promises from Song Yang .

  Same as before, Song Yang naturally agreed, "Of course, whenever and wherever, the North American Global Investment Foundation and all its subsidiaries welcome Harvey!"

  Even if Harvey Pete and others really entered the revolving door, the left and right are just a consultant, getting an extra salary, and if they wait until they re-enter the federal municipal department, the rewards they get will be more than that.

After getting the promise from Song Yang, Harvey Pete raised his glass and had a drink with Song Yang. He knew that sometimes, the promises from the big donors like Song Yang were worse than the promises from the powerful people like the little cowboys. Much more reliable!

  Bruno Family Club Manor, early this morning, reporters from all walks of life gathered at the gate, and vehicles drove into the club one after another.

  Same as last time, the leaders of the Wall Street institutions are still Dick Fold and Spector, but this time, their life is a bit more difficult.

Entering a conference room, when Song Yang, Greg, Marcus, Kravis, and Edison each brought a group of people, they arrived with Lehman, Bear Stearns, Credit Suisse, and Japan Nomura Bank. , Bank of Spain, Fidelity Investments, and Jiayin Securities representatives sat across the table, and the conference room was filled to the brim.

  Across the table, the people on both sides looked very unpleasant to the opposite side. If it wasn't for the people present, if they were placed outside, they were all people with their own identities. At this time, they would have started scolding each other long ago.

   "Long time no see, President Ke Fuld and President Specter!" After sitting down, Song Yang greeted the two with a warm face, as if meeting old friends.

  (end of this chapter)