Back To 1995

   Chapter 364

Except for a few people from the Federal Securities and Exchange Commission, the people who went to the plane today, whether they are investment banks, brokerages or hedge funds, all know that if they go to San Jose, they will basically get a knife. The difference is this knife. A little deeper, or a little shallower!

The person who spoke    actually wanted to put some eye drops on Double Tap in front of the officers of the Federal Securities Commission who presided over the "fairness" this time.

   The Federal Securities Commission actually acted as an intermediary this time, and let the double-click side sit down with the group of people on the plane to talk, otherwise, if the position cannot be closed, no one will be able to step down.

   seems to be a peacemaker, but the attitude of the staff of the Federal Securities Commission is also very important. Of course, whoever can take advantage of it.

This time, Levitt was sent over by a person who has been with the Federal Trade Commission for nearly ten years. He was in charge of the legal affairs of the Federal Securities Commission before. He is the youngest senior lawyer in the history of the Federal Securities Commission, and he is also a director of the Federal Securities Commission. one.

   The Federal Securities Commission, which has close ties with Wall Street, is also traditionally the site of the Donkey Party, and there are many internal Donkey Party members, but this time Harvey Pitt is not!

Harvey Pitt is now basically like the party's highest position in the Federal Securities Commission, and has close ties with the Cowboy family. If the Cowboy family or other members of the party come to power, then Harvey Pitt is likely to be directly nominated for federal securities. the boss of the committee.

This is very possible. After all, if the Elephant Party comes to power, unless a person who doesn’t know anything about Wall Street is parachuted into the most sensitive position in America, there are only a handful of people who can be chosen, unless the face is lost, Pick someone from the Donkey Party to serve as...

   Harvey Pitt, who was sitting at the front of the plane, also heard this sentence from the brokerage. When he heard this, Harvey Pitt just frowned, but did not speak any more.

Everyone "knows" that the double-click did not manipulate the stock price, but it is not so easy to get the evidence of the double-click in the federal court. Besides, Harvey Pitt is here this time. I don't really want to stand up for these people on the plane.

Levitt can send Harvey Pitt to be the middleman, and not others, it shows that he has no intention of suppressing Double-click, let alone, before coming, like the party, including the party whip Tom DeLay. The cowboy family that has the closest relationship with Harvey Pitt has all hinted to Harvey Pitt that he should stand on the side of Song Yang, the gold owner of the elephant party.

Whether it is Tom DeLay or Harvey Pitt, they are actually people in the circle of the cowboy family, and their relationship is very close. Once the cowboy family gains power in America, they will follow the chickens and dogs to the sky. This time Whether it is to help these short sellers, or to help Song Yang, the gold owner, Harvey Pitt has a clear mind.

The plane landed in San Jose, and the moment they walked out of the airport, the media and reporters who had already received the wind, frantically took pictures of Dick Ferd, Spector and others, and the group of people who came out of the plane faced On the camera, there is a strong smile on the face.

Ken Griffin stood at the end of the crowd, bowed his head slightly, and did not let himself become the focus of the media. This time, for Ken Griffin, his face was definitely gone. He came to the opponent's territory and asked him to let him go. Ma, if Dick Feld, Spector, and Ken Griffin publish a memoir in the future, today might not be the worst day of their careers, but it's definitely the most humiliating day...

   "President Dick Feld, how much will the loss of Lehman Investment Bank be this time?"

   "It is rumored that Bear Stearns' loss this time will shrink the entire performance of this year. May I ask President Spector, is it true?"

   "This time everyone, can you let Double-click Company release tradable shares?!"

The reporter caught a group of powerful figures on Wall Street and asked, in the past, when they said a word, it was a person who made countless America, and even the global investment industry, tremble. Cross-examination, whether this short double-click event caused them a heavy loss, how much money did they lose, and whether they would dare to short other companies in the future.

  What kind of work does the media do, such as making trouble for nothing, rubbing salt on the wound, repairing a knife, etc., the media does the most agile work, and this time is of course no exception.

   Specter, who was a little annoyed when asked, pushed away the microphone that was about to hit his face, "We are here this time to express Wall Street's dissatisfaction with Double Click Company, and we will not accept extortionate stock prices!"

   On TV, many people burst into laughter when they saw the annoyed expressions of Wall Street bigwigs like Dick Feld and Spector.

When I heard Spector's last sentence, that is, I would not accept the double-click company's current stock price of more than 150 US dollars to close the position, people who knew it all shook their heads. They are still so stubborn, it can be seen that at the beginning, they double-clicked on shorting, which actually contributed to the flames, or they never thought they would lose, and they dared to cut their leeks...

Double-click company attaches great importance to the arrival of Harvey Pitt, and rented a luxury villa in San Jose for Harvey Pitt's team. As for Spector's gang, Double-click is not interested in entertaining anything. , doesn't care at all.

Looking at Harvey Pitt and the others who were picked up by the double-clicker as soon as they left the airport, the rest of Dick Felder and the others looked at each other in dismay. Now, I don't have any face left. It is conceivable that tomorrow's negotiations will never go smoothly.

As for Harvey Pitt's side, Song Yang called Harvey Pitt on the phone as soon as he arrived in San Jose, and he was very cooperative when he double clicked. Before Harvey Pitt could speak, he sent a lot of information in advance. , Although they are all "my own people", the double-click attitude makes people like Harvey Pitt feel very satisfied!

   Negotiations took place in the ICQ office building. Spector, Dick Ferd and the others were reluctant to come here, but as a party to the alliance under the city, they had no choice at all.

In the ICQ office building, double-click here Whitman, Marcus, Greck and others rushed over, plus Kravis from KKR Group, Edison from Deutsche Bank Investment Bank and others, the people on both sides entered The meeting room was filled to the brim.

   The enemy is very jealous when they meet, not to mention the fact that they have lost billions of dollars. As soon as they met, the two sides were drawn to each other.

Spector and Dick Feld looked at Edison even more badly. The so-called two devils are more hated than devils. Deutsche Bank is also an investment bank on Wall Street. Knives, they hate Deutsche Bank Investment Bank, more than double-click company.

For the purpose of Spector and others' threats, Edison was not afraid, but snorted coldly. What did this threat mean to him? When did Wall Street regard Deutsche Bank Investment Bank, UBS Investment Bank, etc. as his own People, if the position is changed today, and the Deutsche Bank Investment Bank is caught in the trap, then I am afraid that Spector's gang will be more ruthless!

Song Yang and Harvey Pitt shook hands, didn't say much, just nodded to each other and said everything without saying anything. In this case, the more you talk, the easier it is to be caught, and you can't look at one. Man, what he said depends on what he did!

   After sitting down, Harvey Pitt calmed down the two sides who were arguing. There was no expectation from Spector and others, to investigate the double-click, or even accuse the double-click or the like.

   "Before the settlement of options this month, brokerages, investment banks, hedge funds and DoubleClick should reach a liquidation agreement. This is what Levitt meant!"

  Harvey Pitt just said a word with an indifferent expression. After he finished speaking, he sat on the side and kept his mouth shut, as if it had nothing to do with this negotiation.

   Harvey Pitt's attitude made even several other people from the Federal Securities Commission who came this time can only helplessly look at the presidents of hedge funds, investment banks, and securities companies, saying that they could not help.

   There is no way, as the two most powerful people this time, Spector and Dick Ferd, naturally become the big brothers, and the others can only follow behind them.

   "Double-clicking the current stock price is not normal. We all know that Double-clicking cannot maintain such a high stock price. Neither Lehman Investment Bank nor any other Wall Street company can accept such a stock price to close a position!"

Dick Feld said, obviously not wanting to admit it, and Spector on the side also said, "We demand that Double-click, KKR Group, and Deutsche Bank Investment Bank release the circulation at the price of Double-click a week ago, at a price of $19. Shares, or transfer to us a part of the equity!"

Hearing this, the people who double-click here can't help but look at each other. For this reason, these big Wall Street investment banks are really aggressive. Now the stock price of Double-click is more than one hundred dollars. Investment banks and brokerages still want to let the double-click transfer equity close their positions at such a low price, which shows how domineering they are on weekdays!

Addison couldn't help sneering, looking at Dick Ferd and Spector, "It should be you who need to close the position now, right now, the stock price of Double-click has reached one hundred and twenty US knife, no, it should be one hundred and fifty US dollars..."

  During the negotiation, the double-click stock price was still performing its last crazy performance. The stock price once again hit a new record high, and began to sprint towards the stock price at the atmospheric height of $150, and had the final carnival!

   At this time, the general manager of a hedge fund couldn't help standing up and said indignantly, "Double-click is manipulating the stock price. This is not a normal price at all, and no one will accept such a price!"

   "If you all mean this, then you don't need to talk about it. When the time comes, everyone, close your positions by yourself!"

When the quarrel was raging, Song Yang suddenly said, and the whole scene was silent for a while. Spector and others, the reason why their attitude was so strong, was that they were right. Dare to demolish the platform, but now Song Yang not only demolished the platform, but also smashed the house directly.

What will happen if the hedge fund is unable to close the position and settle the options this time? This may be the first default in the history of Wall Street and America, not to mention the amount of the default, but the credibility of the entire Wall Street will go bankrupt. The global financial order that has been painstakingly created may also be impacted. Spector and Dick Ferd all stared at Song Yang in astonishment, no matter what, they thought that Song Yang would dare to smash the table like this!

   (end of this chapter)