Back To 1995

  Chapter 366

  The entire conference room was quiet for a while. Bear Stearns, Lehman Investment Bank, and brokerages all cut their flesh and left. What was left on the chopping board were the castles and other hedge funds.

   At this time, for these hedge funds, it is really a double-click as a knife, they are fish meat, as long as they double-click and don’t let go, they can only be cut!

  Ken Griffin sat in silence at the end, looking at the group of hedge fund executives who came this time, they were all silent, but they didn't dare to provoke the double-click again, so he could only shake his head helplessly.

Song Yang just saw the group of them, and it was impossible for them to truly unite, so he could easily use the strategy of liquidating positions with different stock prices, and differentiated them with one stone. At this time, these hedge funds, if they die together, say It might be possible to make the double-click retreat, but looking at the posture in front of him, Ken Griffin knew that this was impossible.

   "One hundred and fifty dollars is the price at which a double tap closes an option for a hedge fund, and that won't change!"

   Now it's the double-click's turn to be strong. Addison used a cat-and-mouse expression to look at these Wall Street colleagues, but showed no mercy, "Of course you can also choose not to close your positions!"

If they don’t close their short positions, what awaits these hedge funds will be huge fines at sky-high prices, and they will be banned from staying on Wall Street. Over there, we have to clean up all of them before we can give an explanation to the outside world.

At this time, Harvey Pitt also spoke again, looking at the hedge fund executives who were resisting and trying to drag on, and said with a serious expression, "Today, before Nasda closes, we must release news, this It can't be delayed any longer!"

This is obviously helping Double-click Company and putting pressure on the hedge funds. At this time, Ken Griffin glanced at Harvey Pitt and Song Yang, and stood up with a cold face, "Castle Hedge Fund, Willing to close the position at $150.”

After    finished speaking, after taking a deep look at Song Yang, he calculated the price that Castle Hedge Fund would pay. Although it was painful, Castle Hedge Fund could still bear it.

After he finished speaking, Ken Griffin got up and left, but he didn't care about the angry gazes of his peers. Ken Griffin understood it clearly. It is better to believe in a dog than to trust them. At least don't worry about the back. Got stabbed!

   Song Yang looked at Ken Griffin's figure and knew that he probably wouldn't let it go and forget about this grievance. He might have to make another move in the future, but this time he double-clicked and won.

Addison and Kravis couldn't help but glance at Ken Griffin, who was surviving with a broken tail. Being able to survive with a broken arm and resolutely lose money to get away is one of the best choices for the current Castle Fund. Being able to make such a choice is enough to prove Ken Griffin's tenacity. Addison feels that Ken Griffin will definitely not be an unknown person in the future, and he will have to fight against each other in the future.

There are countless geniuses on Wall Street. Every year there are geniuses and lucky ones, but the one who survives to the end is the winner. , are far more powerful than before, like Creamer's kind, it is completely finished at one time, in the history of Wall Street, it is just a symbol...

Ken Griffin's confession of losing money made the group of hedge funds completely disintegrated. The other hedge funds could only bite their teeth and swallow blood in their stomachs. They all signed the alliance under the city. The color of anger leaves!

When the agreement was signed and Harvey Pitt, Spector, Dick Feld, Ken Robert and others all left, only Song Yang, Whitman, Kravis and Ai were left in the conference room. Dickson and others, and the share transfer agreement on the table!

Looking at the agreements, even Edison, who is used to seeing strong winds and waves, and who has been overwhelmed in the field of foreign exchange and commodities, couldn't help but pursed his lips. The tradable shares in the hands of bank investment banks are transferred to hedge funds, Lehman investment banks, brokerages, etc. for closing positions!

   Each of these documents represents tens of millions or even hundreds of millions of dollars in cash. The Light Castle hedge fund took out more than two hundred million dollars in exchange for 1.5 million double-click tradable shares.

   And this time, the tradable shares of Double-click, KKR Group and Deutsche Bank Investment Bank transferred by Double-click exceeded 20 million shares, valued at more than 2.2 billion US dollars!

10 million outstanding shares were given to hedge funds such as Castle at a price of $150, five million shares were transferred to Lehman Investment Bank at a price of $50, and another five million shares were sold for $90 , then to those dozens of brokerages.

   Seeing these agreements, Whitman, Marcus, Addison, Kravis and others all seemed to see mountains of money piled up with beautiful knives!

   The key is that the whole plan has only been implemented in less than two weeks, just like cutting leeks directly, cutting so many beautiful knives, the madness of Wall Street is vividly displayed.

   And it's not just these double-click tradable shares, which have been exchanged for so many US dollars, and the option to do more double-clicks, no less than these tradable shares!

Kravis, who is in charge of the trade, knows how much he has earned this time. Now Kravis can hardly hide his smile. After this time, he was once a "barbarian at the gate of Wall Street" , once again a return to the mainstream on Wall Street.

   After several consecutive trades, he made a lot of money, helped America Telecom to cheat AOL, and hunted Wall Street hedge funds by double-clicking. After this time, KKR Group Wall Street is expected to become famous.

The transformation of the KKR Group was a complete success. The key point was that Song Yang had something to do with it. There was no doubt about Kravis' attitude towards Song Yang. Kravis felt that he had contacted Song Yang through Enron before. , to let KKR Group become Song Yang's investment advisor is the most correct decision he has made over the years!

Kravis, Marcus, Edison and others, after discussing for a while, said to the crowd in the conference room, "This time, the plan of Double-click, KKR Group, and Deutsche Bank's joint cooperation is expected to make a profit of four About 1.7 billion US dollars, if the plan is successful in the future, there may be some additional income!"

  This huge income, in addition to selling the tradable shares to the hedge funds at a high price, the rest is earned by long double-click options, which is also due to the addition of leverage, otherwise it will not be able to earn so much.

When they heard this number, in the conference room, Whitman, Marcus, Lyman and others couldn't help but widen their eyes. According to the "splitting agreement" signed by the three companies before, Double-click and Song Yang could get 30 shares. % of the income, which is nearly 1.4 billion US dollars!

   Even if you have to pay a sky-high tax, you have to throw away some of the costs, as well as public relations and other expenses, this is an income that will definitely make everyone jealous.

  You must know that in today's Internet industry, it seems that stock prices are skyrocketing, and the market value is constantly hitting new highs, but very few people can make money. It is not bad to be able to maintain a balance of payments like DoubleClick and Netscape without losing money.

Song Yang also had a smile on his face when he heard this kind of income, but he did not show too much excitement. After all, he had already experienced it once. Before America Telecom, he had experienced a "splitting conference", which was also divided. It is also the leek of Wall Street. This is the second time. It is a familiar road, but I don't know if I will cut it again in the future...

Of the $4.7 billion in revenue, Deutsche Bank took 40% of the revenue, and DoubleClick and KKR Group each took 30%. The $1.4 billion in revenue from DoubleClick will not be kept in their hands, but will be Scrape out through the slapstick operation.

Song Yang, the major shareholder, will definitely take the big bucks, then the major shareholders and executives of the board of directors who double-click, and finally give investors a dividend. Anyway, there will never be too much money left on the books. Basically, it is a routine commonly used by Amelica. Every year, it buys back a large number of shares, and then gives huge dividends to major shareholders and executives. As for the leeks, no one will pay too much attention. After all, no matter where they are, they all need to be divided. Leek's!

The other most important point is that if you double-click the stock price this time, the height of one hundred and fifty dollars will definitely not be able to hold, but as long as it can be maintained at a few dozen dollars, after the lifting period is over, Song Yang will be able to Double-click the stock in your hand to cash out and get a large amount of cash back!

   "This time, the public relations expenses must not be less. The Federal Securities Commission and the Capitol Hill side must carry out public relations and donations."

  Song Yang explained to Kravis that there are a lot of people who need to manage this time. In order to avoid future troubles, and the old accounts will be turned over again in the future, the public relations expenses this time will definitely not be less.

The boss of the Federal Securities Commission, Levitt, the Cowboy Family, Tom DeLay, Harvey Pitt, and the German-American parliamentarians contacted by Deutsche Bank Investment Bank, the donkey party members of the KKR Group, etc., will donate this time. The last sum of money gave them a piece of the cake. In the future, if someone turns over the old account, it will be the enemy of everyone who eats the cake.

Hearing Song Yang's words, Kravis couldn't help but nodded, and looked at Song Yang a little in agreement. He wasn't as greedy as the gluttons on Wall Street who were unwilling to give up a piece of steel. Song Yang's share of the cake seemed to be less. Earning some money, but avoiding future troubles, is definitely worth it. People who eat alone have always had no good fruit to eat!

When the Nasdaq closed, the double-click share price also reached a sky-high price of 158 US dollars, and the market value exceeded the height of 23.7 billion US dollars. This wave almost rose to the atmosphere. The comment on the double-click share price is, "In the next ten years, there will be no such price!"

   At the last moment of the market closing, DoubleClick's stock price, which had gone up crazy, suddenly dropped 24% directly to $120. Then news came out that DoubleClick reached an equity transfer agreement with a Wall Street hedge fund!

   (end of this chapter)