Chapter 412: National Disaster!

As many expected, before the market opened, the Federal Reserve and the European Central Bank cut interest rates by 0.5% respectively to reassure people.

At the same time, the Federal Reserve will provide no less than $60 billion to participate in the bailout.

At 9:30 on September 17, the U.S. stock market opened!

The European stock market has rebounded, rising by about 3% overall, but European investors, after all, do not live in the United States.

As soon as the U.S. stock market opened, investors began to panic sell stocks, and the stock market plummeted, and almost instantly, the Dow Jones index fell by 7.1%.

Among them, stocks in the insurance, tourism, and aviation industries fell the most.

On the first day of trading, the Dow Jones fell 14.3%, the Nasdaq fell 16.1%, and the S&P fell 11.6%!

The mere $60 billion in bailout funds is a drop in the bucket.

On this day alone, the US stock market evaporated more than $1.1 trillion!

The major stock indexes continue to fall, comparable to last year's bubble crisis.

Microsoft's stock price fell from $30 to $26, a drop of 13.3%;

Disney shares fell from $23 to $18, a drop of 21.8%;

GE shares fell from $40 to $34, a drop of 15%;

Goldman Sachs shares fell from $76 to $69, a drop of 9.2%;

Ford shares fell from $19 to $16, a drop of 15.8%;

Lockheed Martin shares rose 13.1% from $38 to $43...... Well, this company, which mainly produces fighter jets.

People generally have a herd mentality, and when shareholders see others selling, many people will not be able to hold back and sell frantically.

But after a long time, when I see the government's determination to save the market, I will calm down.

Especially many large institutions on Wall Street, they will not miss such an opportunity to buy the bottom!

Don and Scott Swift have discussed this matter many times beforehand, and the matter of cashing out cannot wait, cannot be delayed, it must be as soon as possible!

Strive to close all short positions within this week!

The action began on September 18th.

On this day, Don Capital closed 128 stocks, with an average decline of 15.8%, and a gain of $3.51 billion!

On September 19, 107 stocks were liquidated, with an average decline of 14.5% and a gain of $2.69 billion!

On September 20, 42 stocks were closed, and these were the most serious airline, travel, and insurance stocks, with an average decline of 29.3% and a gain of $2.13 billion!

Friday, September 21, is also the last day of the week for the stock market.

Down Capital closed its position in the remaining 30 stocks, which were on the stable side, down 5.4% on average, earning $280 million.

After 3 months of financial operations, Don Capital's gross profit was as high as $8.61 billion in this crazy short sale!

After deducting a short-term interest expense, handling fee, and capital gains tax that will inevitably be incurred later, we will deduct the $850 million loss in the first half of the year......

This year, Dunn Capital made a net profit of $5.82 billion with a total investment of $3 billion in the financial market, with a profit return of 194%!

Even after excluding taxes, there are still more than $9 billion in huge funds on the books of Down Capital!

Overall, the decline was smaller than the bubble burst, but Tang En was able to call on more principal this time.

With this wealth, and counting the assets of Down Pictures, it is enough to make Don En one of the top 20 super-rich people on the Forbes rich list!

……

Of course, the people can't see the bloody storm of Down Capital in the stock market, but they can't escape the eyes of large Wall Street institutions.

The last time Donn made a big profit in the bubble crisis, the news came out quickly, putting him under a lot of pressure. This time, though, the whole of Wall Street was quiet.

On the one hand, because they were completely slapped in the face, in the summer, Don made high-profile negative remarks, and as a result, the whole Wall Street sneered at the joke.

At this time, how can he have the face to report Tang's news? It is unreasonable for so many financial elites to be slapped in the face by a film director.

What's more, Wall Street is making a lot of money in a collective silence, and who has the heart to focus on others?

A few days ago, the major investment banks and foundations on Wall Street collectively shorted and made a fortune, causing the New York Stock Exchange and the NASDAQ to evaporate $1.4 trillion in market value in just one week!

Now, it's weekend again.

The Federal Reserve and the Treasury Department, in order to solve the dilemma, will definitely come up with more favorable and strong measures.

It just so happens that 90% of the senior officials of the Federal Reserve and the Treasury Department are from the major investment banks on Wall Street, especially Goldman Sachs.

The stock price has fallen to a bottom point, and it is time to buy the bottom, Wall Street, of course, must concentrate on studying countermeasures, and earn the most profits by the most effective means!

As for Donne's business...... Who cares?

The little money that Don makes is too far behind the major investment banks on Wall Street.

It's just that the money earned by Tang En belongs to himself, and the money earned by investment banks and private equity funds belongs to the collective shareholders, and Tang En's per capita income is more.

Don made a fortune in a muffled voice and did not appear on the economic page, but that does not mean that he disappeared from the media coverage.

His donation of $50 million for kindness was still reported repeatedly on the entertainment page.

Such charity activities are not the same as past donations, but they have been recognized by many psychological counseling organizations, and in cooperation with Tangen Pictures and Universal Pictures, they have called on many suffering people to go to the theater to watch "Unsinkable".

Mental illness is also illness.

Especially the United States is a country that attaches great importance to mental health, almost everyone has the experience of consulting a psychologist, and Done's actions cater to the national conditions and people's hearts.

Word of mouth and praise naturally roll in.

This weekend, in particular, he made a special trip to New York, and after fully cashing out of the stock market, he attended five celebrity charity galas.

In the name of "Don Walker", he donated to a number of charitable foundations.

In short, he spent $48 million and fed back all the spare money of Donn Capital to the society, and was highly praised.

Donations from the rich are common, but donations from young people are still large and rare.

For Donne, it's a psychological comfort.

But Rao is so, he didn't dare to do it anymore, two stock market crises, he has sold a lot of short, crazy to earn more than $10 billion in wealth!

Even the top financial predators, such as Soros and Rogers, have never achieved such a feat.

Stop.

It's time to stop it!

It is conceivable that in the future, the funds of Don Capital will be strictly regulated by the federal government!

It's as if Soros has been on the financial blacklist of many countries.

"Scott, it's time for our behavior in the financial markets to end. Donn let out a long sigh as he stood at the window of Scott Swift's office, looking out at the still-glorious streets of Manhattan.

Scott Swift raised an eyebrow, "Are you going to fire me?"

"Huh?" Don suddenly laughed, "How can you think that? ”

Scott Swift shook his head and frowned, "But what can I do if I don't operate the stock market? My job is to be a stockbroker." ”

Tang En looked at him deeply, "But you are engaged in financial investment. Stock investment is also an investment, isn't it?"

"Oh?"

Scott Swift sensed something in his words.

Don said: "Our two waves of operations are too conspicuous, Wall Street will definitely be vigilant, and even ...... Commercial spies will be dispatched, not to mention the pressure from the federal government, and the stock market must be withdrawn! I have already thought about the money from the trust fund, and most of it will be invested in Tangen Pictures, next year...... There will be big acquisitions. ”

"What am I going to do?"

"Hehe, in the past two years, Tang Capital has not only made gains in the stock market, but also invested in many companies. Including Google, Apple, Hasbro, Pixar, MGA, etc., your communication with the boards of directors of major companies is very good. ”

Scott Swift waved his hand and said disappreciably: "If you have money, you are an uncle, I will invest the money, of course they will raise their hands to welcome it, this kind of communication, of course, is simple." ”

Don smiled, "That's enough!"

Scott Swift suddenly realized, "Donn, you mean...... The main business direction of Tangen Capital in the future is venture capital?

"That's right!"

"But now Americans are panicking, and venture capital ...... Not a good direction. ”

"You can go abroad. ”

"Abroad...... I was also severely affected by the 911 incident. ”

Tang En said: "Not necessarily. Countries with a high degree of marketization must be subject to great fluctuations, but ...... In some countries, market-led semi-market-oriented policies have been adopted with little impact. ”

Scott Swift's eyes lit up, "You mean...... A populous country on the other side?"

Tang En smiled, "I plan to set up a venture capital fund with $500 million, with Tang Capital holding 80% of the shares and you holding 20% of the shares." You're the general manager, you're in charge of everything you need to invest in, and you can focus on that. Of course, South Korea and Japan are also good. ”

Instead of enjoying 20% profit, you have 20% of the shares, which is a completely different concept.

In other words, Scott Swift doesn't have to do anything, and as soon as this venture capital fund is established, he is already a billionaire!

"But I'm really not familiar with the investment field. ”

"You can learn slowly. Tang En smiled slightly, "Besides, in the United States, you have also participated in investing in several high-tech companies, and you have experience, let me give you a few more suggestions, you will definitely be able to make a career over there while investing." ”

"Do you have a suggestion? Which direction?"

"The Internet, of course!"

"Oh......"

Scott Swift has seen the warmth and coldness of people on Wall Street in the past six months.

When Tang En Capital suffered huge losses, everyone looked at him as a joke, and there was a lot of disrespect and cynicism in his words. Now the Towne Capital he runs has made a lot of money, and it has immediately become the focus of attention.

He had enough of this kind of environment of deceit, hypocrisy, and hypocrisy.

Maybe......

It's also a nice challenge to change places.

"Can this venture capital fund be in my name? Scott Swift Venture Capital Fund. ”

"No problem!"

Tang En waved his hand, showing his pride. ()

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