Happy Tycoon

Chapter 673: Rich and self-willed!

   Henry Williams’s statement is without any problems. Although the US Securities Exchange Act and Regulation No. 144 specifically provide for the reduction of major shareholders, there are also exemptions.

   It is as if investment funds now hold 72 shares of Boston First National Bank and 69 shares of John Hancock Mutual Life Insurance Company, both of which are the largest institutional shareholders.

  According to the relevant laws of the United States Securities Exchange, if a new major shareholder like an investment fund wants to reduce its holdings, it will take at least two years. Investment funds have held the stocks of these two companies for less than half a year, so if these regulations are followed, investment funds cannot reduce their holdings within two years.

   However, the US Federal Securities and Exchange Commission has also drawn out some exceptions that are exemptions for some special circumstances. For example, investment funds previously held no more than 5% of the stocks of these two companies, only a little over a little bit. Later the increase in holdings was due to the stock market crash. Investment funds spend huge sums of money to repurchase stocks in order to save the stock market. This is an act of rescue and support of the market. Therefore, these stocks increased by investment funds during the stock market crash can be classified as special as long as they hold the shares for more than three months. Exemption exception.

  Of course, after declaring the reduction in holdings, this part of the increased shareholding should first be sold to internal shareholders. Only after internal shareholders are unwilling to subscribe for this part of the share, this part of the shareholding will flow into the market.

In other words, this part of the shares increased in the stock market crash can be exempted from the restrictions of the U.S. Securities Law and Regulation No. 144, but the corresponding filing with the Federal Securities and Exchange Commission is still necessary, and at the same time, it must be first. Anxious for internal shareholders to buy.

   It is precisely because of this that Henry Williams dared to publicly declare that he would reduce his holdings in Boston First National Bank and John Hancock Mutual Life Insurance Company.

   As for who the huge selling in the stock market was at the beginning, who knows? It must be that most investors are not optimistic about the future of these two companies, so they are competing to sell their stocks. That is because you did not do well enough, and did not give investors great confidence, it is not surprising that investors abandon you naturally.

   In fact, it is not only ordinary investors who abandon you, but even my largest shareholder is not optimistic about your future. Tell me what else you have alive? It deserves to fall so badly!

   In just one day's decline, the stock prices of these two companies fell directly to the level on the day of the stock market crash. At this time, even if internal shareholders want to repurchase this part of the stock, they must also repurchase according to the stock price when the investment fund announced the reduction of holdings.

   In this way, the guys from the Boston consortium are embarrassed. They really didn’t expect that the stock price of their core company would fall so badly within this day. Even if they wanted to repurchase this part of the investment fund’s stock, they would have to repurchase it at the price before the market opened today. Said that the repurchase price is 28 higher than the actual stock price.

No one would be taken advantage of. Even if the Boston consortium repurchases those circulating stocks from the circulating market at a low price, there is still a huge amount of selling on the head. The largest shareholder reduces its holdings. This It is a bad news that is more than any bad news!

But if the Boston Consortium does not repurchase this part of the shares, then once the time set by the Federal Securities and Exchange Commission arrives, the investment fund can fight for unprofitability and sell these stocks at market prices. In that case, the Boston Consortium will have greater trouble. .

   If the first National Bank of Boston had a market value of 56 billion U.S. dollars before the crash, the market value of approximately 58 stocks increased by investment funds during the stock market crash was about 32.5 billion U.S. dollars. This is not a small number. It definitely can directly put the stock price of Boston First National Bank in a state of long-term decline. This period should last at least three months or even more than half a year. There is only such a long time for the market. It is possible to digest such a big sell-off.

   Even if the market has digested such a big sell-off, it will be a long time before the stock price of Boston First National Bank returns to the price before the opening today!

If the investment funds such as the Boston Consortium put this part of the stock in the circulating market, it is not impossible to take over again, but then you need to avoid the supervision of the Federal Securities and Exchange Commission. It is illegal to repurchase the stock after it is put into the circulation market!

   Of course, the Boston consortium can find another institution to buy back these stocks from the market, and the board of directors can change the position of a shareholder. But then again, now the investment funds are obviously trying to get along with the Boston consortium. At this sensitive moment, who dares to risk such a big risk to buy back these stocks?

Everyone knows that investment funds can’t afford it now. People have huge amounts of capital and are rich and willful. If you dare to buy, they dare to smash it. Others’ investment funds can fight hard to lose money. After you buy these stocks, you can afford it. Is it a loss of hundreds of millions or even billions of dollars?

   Therefore, this hand of the investment fund can be regarded as the best hand! Who else dares to help the Boston Consortium? First, check if there is so much money in your wallet to cover your losses.

   Without that capital, don't mix this matter. This matter is the Liangzi between the investment fund and the Boston consortium, no one can say that it will work!

   Isn’t the Boston Consortium Niubi? Don’t you dare to attack our boss? Okay, let's go on endlessly! Don't you Boston Consortium claim that you are deeply rooted and very good? My investment fund is strong enough to kill people with Franklin!

  In fact, the market value of the stocks of these two companies owned by investment funds is only a few billion U.S. dollars. There are some institutions in the United States that can solve this part of stocks, but now no one really dares to offend investment funds. Even the Federal Securities and Exchange Commission dare not overly point fingers at investment funds.

People’s investment funds now control a large number of stocks in the 27 core companies of the U.S. federal government, and they also control a large number of stocks of medium-sized companies. The world’s shareholding reduction may be the second stock market crash by then.

  Who can afford this responsibility?

   Not to mention the Republican candidate who currently has an absolute lead in the presidential election, Vice President Bush also publicly stood up and said that he would severely punish those behind the terrorist operations on American Airlines Flight 152. Some members of the House of Representatives and Senate have also taken a clear stand on Vice President Bush’s side.

  At the same time, the Mellon family, the Morgan family, and the big figures of the Texas consortium and the California consortium all issued statements condemning this unformed terrorist act. A discerning person can tell at a glance that these big families and consortia with terrifying financial resources are on the side of investment funds in this matter.

  Although there is no evidence to show that the Boston Consortium was behind this terrorist incident, does this kind of thing need evidence? Don’t say that you did it behind the scenes. Even if it wasn’t for you, Lao Tzu would just buckle a pot of **** on your head. How can you do it?

   Under such circumstances, who would dare to stand up for the Boston Consortium platform?

   The Boston Consortium is not the same as the Boston Consortium half a century ago. The current Boston Consortium is at its weakest time since its establishment. With such a good opportunity, it would be weird if the other nine consortiums do not fall into trouble!

   The capital controlled by the Boston Consortium is indeed a lot, but most of them are real estate. In terms of cash reserves, investment funds can throw the Boston Consortium half as far away as the Pacific Ocean.

   The most important thing is that the investment funds made high-profile shots against the Boston Consortium. Those families and consortiums that have long wanted to destroy the Boston Consortium, how can they not make good use of the sharp gun of the investment fund?

Citibank, Bank of America, Bank, Mellon National Bank, these are the top four banks in the United States. Although Boston First National Bank is quite good, it is much inferior to these four banks~www. readwn.com~ Especially when these four banks have long wanted to swallow the First National Bank of Boston, even if they eat up the First National Bank of Boston, it is a great improvement to their own strength.

   So, when these four major banks started to transfuse blood to investment funds secretly, who would dare to face the investment funds at this time?

  Finding death is not such a way of finding death!

   Although this incident was triggered by an unformed air crash, in essence, it was actually a brutal battle between emerging capital and established capital.

Investment funds, as an emerging capital, want to gain a firm foothold in the United States. They must kill an old capital and replace it. The Boston consortium, which has been "old and declining", is struggling with "strength and strength". "At the gunpoint of investment funds.

In fact, according to Yang Jing’s plan, investment funds shouldn’t have exposed their strengths so early. However, the assassination of the Boston Consortium completely angered Yang Jing, so he was prepared to use this. Things started to get into trouble.

   Fighting early is also fighting, and fighting late is also fighting. Since this battle is going to be fought sooner or later, then take advantage of the fact that the Boston Consortium is at its lowest point, and teach them a profound lesson.

   To take a step back, even if the investment fund can't kill the Boston Consortium, it can still make a sound of the investment fund through this financial war, so that big families or consortia across the United States must face up to this powerful capital power.

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