After all kinds of bureaus have been laid out, all parties involved began to quietly wait for the time to explode. - However, the Stanley Company apparently forgot a little bit, that is, the paper could not contain the fire.

In order to get rid of this part of the position, Stanley's trading department had to sell in the market, albeit gradually, in small increments. But the traces of this operation could not be hidden from the observation of other traders, and they soon became very different from the usual extremely cheerful and generous Stanley traders, and began to bargain more delicately, often buying less and selling more, much to their surprise.

Soon, rumors of a situation in Stanley's trading division spread on Wall Street, and although these rumors were vehemently denied by Stanley, they did not stop the decline in Stanley's stock price. Soon, Stanley's stock price fell by more than a tenth.

For the case of his own company's stock price falling, John. On the one hand, he felt very helpless and sad, and he had no choice but to keep urging the negotiation department to contact the Huaxia consortium; On the other hand, he was also happy for his old friend, because the other party could finally get revenge this time.

Time is hard, but in the end, it has to go on. Finally, after entering December, some listed companies began to disclose their financial statements for the third quarter in 66 consecutive years, including Stanley Company. When the market rumors became more and more serious, Stanley's statement was finally disclosed, and the result was naturally not surprising.

Huge loss!

The first huge loss in the history of Wall Street!

Although it had announced a $3.7 billion loss on its investment in the subprime mortgage market last month, on Dec. 19, Stanley's financial statements significantly wrote off its book assets by $5.7 billion, and the two losses combined amounted to a staggering $9.4 billion.

In the history of transactions on Wall Street. If inflation and other factors are excluded, the loss of this deal is undoubtedly the largest in history. As a direct consequence, this is the first time in more than 7o years since the establishment of Stanley that they have incurred a quarterly loss.

Although there were already rumors on Wall Street about the precarious condition of Stanley on Wall Street, Stanley also duly announced a portion of the loss. But after the real numbers were revealed, the entire Wall Street was dumbfounded.

What kind of company is The Stanley Company? I believe that as long as anyone who knows a little about finance knows this name, this Wall Street giant has always been ranked in the top five positions in the investment industry, and was even synonymous with investment banking for a time. At their peak, they even once shouted the slogan "If God wants financing, he will come to Stanley." Although it was sluggish in the 90s, the giant has now regained its vitality and is now the world's second-largest investment bank after Goodman.

The 61st Fortune 5oo giant in O6 had $7oo in assets under management in the first three quarters to November 3o. Net income reached a staggering $28.267 billion, with an average of nearly $1oo billion per quarter. But during the quarter, heavy losses in the subprime mortgage market made the entire quarter extremely ugly, with losses of $7ooo.

Just as the entire Wall Street was gearing up for a big short sale of Stanley's stock, the plot turned around.

Shortly after the report was released, the Stanley & Company's public relations department quickly released another report. In the report, they happily announced to investors. China Asset Management Co., Ltd., a company from China AMC, purchased from Stanley a convertible bond that could be converted into common stock at maturity, which would be compulsorily converted into common stock of Stanley at a price of no more than 12o% of the reference price. It is estimated that the total share of the $500 million bond, when converted into common stock, will be no more than 1o% of Stanley's current total share capital.

The bonds will mature on August 17, 2o1o, more than two years from now. In other words. This basically gave Stanley more than two years of respite. Of course, for Huaxia Investment Co., Ltd., being able to acquire the high-quality assets of European and American consortiums is also a huge capital victory.

Suddenly, the stock of Stanley, which has been declining since August, ended its downward trend, and the bulls and bears obviously had different views on the injection of funds from the Huaxia consortium. The two sides frantically tossed and bitten, and in the end, no one could help anyone, but the stock of Stanley Company rose slightly by o.4%.

……

"Zhong Sheng, I didn't expect them to lose so much money and set a lot of first records!"

After getting the financial statements released by Stanley, Jiang Shan hurriedly walked up to Zhong Shi, who was bowing his head and pondering, and said to him with some flattery.

In a building in New York's Lower Suburbs, X-Spatial has built half a floor to take over all the Hong Kong traders in charge of the US and European markets. After cleaning up, it turned into a huge trading department, with four or five horizontal and vertical displays in front of everyone, as well as ordering terminals in front of them that resembled tuning equipment, and buzzing telephones ringing one after another, almost all of them in a busy posture.

Looking at the Empire State Building not far away, Zhong Shi sipped bitter coffee and thought thoughtfully. After hearing Jiang Shan's words, he pouted slightly towards Jiang Shan, as if he was muttering to himself, and as if he was mocking Jiang Shan's overreaction, "Isn't this a well-known fact for a long time?" Is it worth all the fuss? ”

"What, you already knew?"

Jiang Shan was stunned for a moment, and looked at Zhong Shi in disbelief, his eyes were full of inquiry, he was really shocked by the news.

"Huh?" Zhong Shi turned his head sideways and looked at Jiang Shan's stunned expression, only then did he realize that Jiang Shan didn't know about the contact they had with Stanley Company, and immediately waved his hand and said, "They wanted to sell us a bond before, but after carefully calculating the risks and benefits of this bond, we still politely refused. All this information was learned at that time, and later they thought about selling it to others, but now it seems that it is still rotten in their hands. (To be continued!)

ps:I'm really not used to it when I don't have a monthly pass and a reward.,Although I know it's a luxury to look forward to voting every day.,But I can't help but look forward to it.,In short, thank you for your support.,The author will work hard and work hard to conceive~

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