Chapter 715: The Poor Dagger (5,000 words)

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; eK v~TD h z T E SVJ 65 ! SG If those retail investors are still willing to be sold and help the number of money, Link hopes that they will help him count.

Strictly speaking, he was also selling out the interests of the investors who invested in his companies. He is indeed bailing out the market, but he is only holding the market, and the price of the market is getting lower and lower.

In the case of Atlanta Development Bank stock, for example, the price at which he first intervened was forty dollars. And his opponent didn't know where to get that many shares.

Initially, the Bank of Atlanta had a market capitalization of $32 billion and only 300 million shares outstanding in the secondary market. The snipers threw out more than 100 million shares the first time, accounting for nearly half of the outstanding shares, but they still seem to have stocks in their hands.

In Claire's office.

Claire told Link: "Those retail investors' shares are actually in the hands of those institutional brokers, and those institutions can lend them those shares as long as the retail investors don't ask to sell." ”

When Link heard this, he said, "So, they are also worried about the collapse of the stock price?"

As soon as the stock price collapses, those retail investors will demand that the agencies sell their shares. Their opponents would have to return the shares to those investors.

Claire shook her head and said, "But we're more scared! So they're not worried that we're going to let go." ”

Yes, Link they are more worried that the stock price will collapse. A collapse in stock prices also means that banks are "insolvent" and those who can buy back the shares they borrowed at a very low price during the collapse of stock prices.

Of course, the premise is that Link and they don't have enough money.

Both Link and Claire understand each other's tactics, which are nothing more than to make investors lose confidence in the stock price of Link's companies in the stock market correction, so there will naturally be a sell-off. And Link they don't have the money to buy back, and the only buyers in the market are them.

Link and the others had to sell their assets if they wanted to raise money.

It's Friday morning, and maybe the Fed will announce their new monetary policy before noon. That was probably the deadliest weapon against Link.

Link called Neil and asked how much money he still had over there.

"We've spent more than $76 billion in expenditures and have a paper loss of more than $19 billion. Neil's voice was a little muffled. "We have about $120 billion left in our money, but if you follow your plan, it may not be enough to deal with this crisis. ”

Link thought for a moment and said, "Let's continue to act according to the original plan for a while, and if anything changes, we'll improvise." ”

Link's plan was actually quite simple, or rather similar to that of his opponent. He needs to stabilize his company's stock as much as possible. At the same time, $60 billion was used to make up the bank's margin. The remaining funds are used to acquire shares in the target companies of their choice. Those target companies are basically companies that Link lists as suspected enemies.

"If our bank's share price falls too much, we don't have enough money in reserve. ”

Neil had planned under normal circumstances, but now their bank's share price has been suppressed after a week. They will also plan to slowly bring down the bank's stock price. Now there has been a big decline, and if there is a policy blow, the stock price of their bank may become waste paper.

"And the money from Fren's side. ”

"Flann's side can't move too much. ”

Link naturally knew that the funds on Fren's side must be closely watched, and if there was any trouble, their enemies would notice: "I understand. But our plan is to be surprised. Collect as much as you can. ”

"And the shares of Benihans and Strus are too high, and they are only starting to move if they really make a move. We may not be able to sustain much money now. ”

Strus's market value has soared in recent years, and its market value has risen to more than $400 million. But that's basically a bubble, and if they want to buy back those shares, it will cost a lot of money.

Link thought for a moment and said, "You set aside some funds as a margin for the bank. As long as those two funds arrive on time, we can win this battle. ”

"What if we don't get it in time? Link, we can't put all our hopes in someone else. ”

"Do we have a choice now?" Link knew he was taking a risk, but he really had no other choice, either surrender or fight back. "And even if we fail, we won't be defeated. ”

Neil smiled wryly and said, "Although you won't be defeated, you will also be slumped." ”

Link smiled and said, "It's okay, anyway, there is no difference between a billion and a hundred billion." ”

If he fails, at most Ozette loses the qualification of the consortium, but he spends all his money and buys back shares, how can he keep control of the company. As long as control of the bank and the company remains, he is not a complete failure.

Link ended the call with Neil and returned to the stock market.

Not long after, he received a phone call: the Federal Reserve's new policy was announced.

Perhaps ordinary stockholders were hopeful about the Fed, but soon they found out that the "market" did not seem to be optimistic about the Fed's policy, and the Dow Jones fell 3% directly after reopening in the afternoon.

It's a dive.

The reason for the decline of the index is naturally due to the decline in the price of the index indicator stock. Investors find that the stocks on the screen are all red, and almost all of them are falling.

On the contrary, Link's company's stock price is still holding its own.

But he didn't feel any lighter.

Because it was only temporary, his opponent didn't have much leverage left, but they were definitely waiting for their chance. Now the general trend has just begun. Once the general trend is formed, he may not be able to hold the current price.

Claire kept on the phone, and half an hour later, he said to Link: "Those stocks that have plummeted, although they are some small companies throwing out orders, are actually stocks in the hands of big institutions. ”

"Expected!" Link said. "They are nothing more than suppressing the stock price, and finally collecting funds, and then buying back at the bottom. They don't just use that technique once or twice. ”

Within half an hour of opening in the afternoon, the New York Stock Exchange invoked Regulation 48 twice in a row, and the Dow Jones index triggered the circuit breaker twice in a row, and the index fell by more than 14%.

However, in the following time, it seems that someone is protecting the market, and some buyers have appeared in some stocks, so that the stock price does not fall so quickly.

Link looked at it for a moment and asked, "They're going to make a move?"

"Definitely not, you see it's not a lot of volume. They want to give the market the illusion that those companies are bailing it out. ”

Link thought for a moment and understood that this was psychological warfare. The emergence of funds to save the market will make people think that it is because of the suddenness of the incident, and those companies can come out to rescue the market all of a sudden, which means that there is still hope, and the next two days will be closed days, and there will be two days, which can give investors a lot of imagination. This can even make people want to take advantage of the dip.

In fact, those companies may be secretly selling their shares.

So the stock prices of those companies are still slowly falling. By the end of the day, most stocks were down more than 15%, and some were down more than 25%.

Not long after the stock market closed, the news invited a deacon from the Federal Reserve. The deacon spoke on television in support of the Fed's new policy, arguing that today's stock market plunge was just a normal adjustment of the market. He vowed that "we at the Fed have noticed the changes in the market, and we will do our best to maintain the stability of the market." ”

After Link saw the news, he stood up and said to Claire, "I'll go back first." "Things aren't going to change much in the next two days, and there's nothing they can do.

Claire nodded and said, "I'll have someone make a summary of the week." ”

Although it was not yet time to get off work, Link left Claire's office and left the New Ozette Bank building directly.

On his way home, he received a call from Petrov: "Link, I saw the news of the US stock market. Do you need money now?"

"Thank you, Petrov. You can transfer your money to the bank I opened in Heungjiang. But I want the money to be clean. ”

"Absolutely clean. Otherwise, it is not possible to transfer money from the bank. ”

"Thank you!"

Around nine o'clock in the evening, Link received a call from Neil.

At this time in Xiangjiang, it was already morning, and Neil said with a smile: "I just received 36 billion euros here." ”

"Immediately exchange it with the Chinese side for dollars. ”

"It's already being done. ”

On Sunday, Neil called again and said, "$100 billion has arrived on the Chinese side." If you fail, you'll be bankrupt. ”

Link smiled and said, "I can afford 111 billion dollars." Through Jackma and others, he persuaded China to lend him $100 billion in government foreign exchange, which he would have to repay for a year according to the agreement, when it expired.

"So, we're ready to do it now?"

"You can do it whenever you can. ”

When is it a condition?

The New York Stock Exchange opened again on Monday, when ordinary investors were quite bullish on the stock market after two days of media bombardment. So when the opening bell rang, the prices of all stocks were green, and many of them were up about 6% from last week's closing price.

This caused jubilation on Wall Street's exchanges. "Everyone" is looking forward to recovering last week's lost ground today.

And the start of a rise in stock prices has also boosted investor confidence that the Fed's precautionary measures have taken effect.

It's still afternoon.

After the reopening in the afternoon, the stock market was still a vibrant green, with only the occasional red in the green.

The prices of major stocks are still rising, and even Link's stocks that have been down for a week have risen somewhat. But Link they didn't dare to sell the stock.

At the end of the day, the Fed's commitment seemed to have been met.

But that doesn't seem to be what the Fed wants, and after the NYSE closed, a vice chairman said in an interview with reporters: "It's not that we're meeting our expectations, it's actually contrary to our purpose of regulating the amount of money." The activity of the market is a false boom caused by the active liquidity of banks. We are considering whether to tighten control over bank funds. ”

Link didn't leave right away today. When he saw the news, he knew in his heart that those people were about to take action.

It didn't take long for Claire to come to his office: "I think you also saw what the Fed Vice Chairman said just now. ”

Link nodded and said, "We expected that, didn't we?"

"Maybe there's going to be a lot of media coverage about this right away. That would cause a lot of panic among investors, and I think they're going to be aiming bigger than we thought. We need to do more to prepare. ”

Link thought for a moment and said, "No, they don't dare. If they do that, the U.S. economy will collapse. They are just harvesting the wool of the Americans. After the wool is harvested, the sheep are also given a life. He sneered. "This time there was no chance for them to provoke a world war. ”

Every time the United States has a crisis, it stimulates its economy through war. If the United States does collapse like the Great Depression of the last century, it may take a world war to stimulate the economy. But fighting a world war is not so easy. Now, if there is another world war, it will definitely be the beginning of the end of humanity.

Claire still feels that the opponent's purpose is not so simple. But he couldn't tell what the other party's ultimate purpose was.

Link smiled and said, "Actually, you don't have to worry too much, we will win if we keep the Ozette Consortium." "As for losses, he should make less money for a year or two. And this time, the main funds were obtained by him, and for Neil and Claire, even if they win, the two will not have much loss.

"Well, we'll just have to wait for the other party to make a move now. ”

"How to raise a foreign company?"

The foreign branches of the Ozette Bank and the Benihans Group are independently listed in foreign countries and in the countries where they are located. Naturally, those companies are also targeted by rivals. And the purpose is to consume his funds.

"As in the previous week, the stock price has taken a hit. But Neil's side was already on guard, and they recovered a lot of stocks."

Link thought for a moment and said, "Do you think they'll notice that we have a new injection of money?"

"Those funds were transferred secretly. I heard Neil say that Xiangjiang's capital management system is also relatively relaxed, and your bank over there is a sole proprietorship. As long as the money is not moved for the time being, they will not be able to detect it. ”

Link secretly set up a bank in Xiangjiang, mainly because the capital control policy there was quite relaxed. And he also has an agreement with the Chinese side. There should be no problem with the transfer channel.

He nodded and said, "It's all up to tomorrow." ”

In fact, he didn't have to wait until tomorrow. That evening, the Federal Reserve issued an emergency document to all banks, requiring them to raise their reserve requirement ratio to 12% from 8% of the previous market value by 6 p.m. on Thursday, and to make a margin of 25% of the borrowed amount within a week if the borrowing limit is exceeded.

Link was in the study when he received the notice, and after he read the papers, he was relieved. The opponent didn't make a move, but he was afraid of it, but now the opponent's hole cards have come out. That's all your own plans for the night.

He also called the people he had contacted overnight to discuss what to do.

The Fed's strict tightening policy will increase the value of the dollar, which will be beneficial to countries with large reserves of foreign exchange in US dollars. Naturally, those countries will tighten their dollar borrowing, wait for the dollar to appreciate to a certain extent, and then sell some of their dollar bonds.

This will indirectly lead to a significant reduction in the international circulation of US dollars.

At the same time, dollar-settled trade seems to benefit U.S. exports in the short term. Because the dollars obtained from the sale of things are exchanged for more national currencies back home.

This was supposed to be a policy that would have been good for all countries outside the United States. But the world's main players are opposed to this austerity policy of the United States.

Because of the financial markets.

The U.S. financial market is the largest in the world. As soon as it fluctuates, the whole world will shake with it.

However, the policy of the United States is not the turn of foreign countries.

The U.S. stock market opened on Tuesday, and the screens inside and outside the stock exchange were red. Because major banks have announced that they will reduce the amount of lending and raise overnight interest rates to check bad debts.

The United States is a country where everyone borrows. Banks raise interest rates, which means that the public will cut back on spending. This led to a loss of expectation and confidence in the consumer market, with manufacturing stocks plummeting, then the services sector plummeting, and then tech stocks plummeting.

In this round of plunge, the fuse valve was touched three times in a row in the morning. In the end, the Dow Jones plunged 20% and trading was suspended until the market closed.

The 1,000 stocks with the largest market capitalization on the New York Stock Exchange are all in the red, generally falling by about 20%, and some by more than 30%.

In this stock market crash, Link's company was naturally not immune. A large number of buy orders appear in the market.

Link didn't dare to let the stock price fall too much, especially for those bank stocks. If the bank stock falls too much, the bank will have to pay 25% margin on most of the money it borrows. No amount of money he has, he can't stand it.

After the stock market closed due to the circuit breaker, Link immediately called Neil: "What percentage of shares are we recycling now?"

"The shares of the seven banks in the United States are basically more than 60% of the outstanding shares, and these stocks are scattered among 20 institutions, so these stocks are still tradable. ”

Link thought for a moment and asked, "How much money do we have available now?"

"Including the newly arrived funds, there are about 160 billion. The main reason is that there is too much money used to buy back the two companies of Strus and Springs. ”

When Link heard the amount of money, he said, "I'll release the news that the stock will be reclaimed and let Flren make a move." Your side is trying to raise the stock price as much as possible. Take out as much of the margin as possible. ”

Neil listened to his request and immediately raised doubts: "Link would be too risky to do that. ”

Link smiled and said, "All the tricks we can think of, they've already used them." But we don't know what else they have to do. Rather than letting them do what they do, we should force them out. ”

Neil hesitated for a moment and said, "Okay, let's make a bet!"

On Wednesday, as the stock market continued to open, the shares of several of Link's banks suddenly bucked the market and rose by 5% all at once. At the same time, several banks held press conferences almost simultaneously to announce that they had commissioned the investment company Ozette & Stoll to buy back bank shares.

The repurchase action of these banks was unexpected by everyone, because the panic in the market has not subsided, and it will cost more to start buying back at this time.

However, it also allowed the share prices of these banks to stabilize and rise slightly.

Seeing Link's movements, it was still in the manor in New York, and the bald supervisor had a gloomy face. Link's actions were unexpected.

He thought about it for a while and said, "They're running out of money. He thinks Link wants to raise the stock price by Thursday, and wants to lower the bank's margin rate at once. He said to the trader. "Don't do anything just yet, I'll come back in an hour. ”

"Are we going to get ready to take the next step?"

The bald supervisor glanced at him and said, "Prepare first, and when the funds arrive, we will act immediately." ”

The director said that he rushed out of the villa hall and flew to Manehattan in a helicopter outside.