Chapter 147: Take a breath of relief

"Hell, who the hell leaked that email? I'm going to fire him, I'm going to fire this ** raiser! ”

As soon as the market opened on Thursday, Stanley stock was once again under the pressure of a huge sell-off. One of Mark's internal memo emails was exposed by the media.

In this not-so-long email, John . . . Mark angrily wrote:

“…… I know very well what's going on, we're in a market dominated by fear and rumors, and short sellers are taking advantage of the opportunity to weigh on our stocks. But I want you to know that the Management Committee and I are actively working to stop this irresponsible and ugly behaviour by any means possible......"

Originally, this email was from John. Marks are issued to internal employees and are only circulated within Stanley. But I don't know which link went wrong, and the content of this email appeared on the pages of the New York Times word for word. Whether it was the leak of the letter or its publication in the New York Times, it made John . Mark was extremely embarrassed.

Stanley's internal asset manager was involved in the New York Times' management battle, which led the family that controlled the New York Times to withdraw funds from Stanley as a support for its own employees. Mark removed The New York Times from the list of reference media outlets for Stanley & Company.

And now that they have obtained their own company's internal information, how can this not make him feel embarrassed and shocked?

By this time, however, he had no time to think about the New York Times, because the more serious questions were already in front of him.

"Big trouble, very big trouble!"

Stanley's Chief Financial Officer, Colm. Kelleher hurried into John. Mark's office, shouting, "They're starting to withdraw their funds." ”

As a top investment bank, Stanley's brokerage clients are located in major institutions around the world. Short-selling hedge funds are no exception. And John. Mark's words undoubtedly offended the group. Whether it's protest or retaliation, these funds are going to take a toll on John. Mark's words reacted that the withdrawal of funds from Stanley was their action.

"So fast?"

John. Mark's face changed, and he immediately became uneasy.

Originally, because of various rumors, the outside world began to have a credit crisis for Stanley. And at this time, John, who was in a hurry, rushed to the doctor. Mark made another bad move. This has offended a group of people with extremely large amounts of money. On Wall Street, there are few hedge funds that don't use shorting strategies, and the difference is only in the intensity of shorting. In doing so, he almost offended all hedge funds.

Now the only one out of John. What Mark expected was that the other party's reaction was so fast!

"They don't know if it's crazy or whatever, they just do a simple hedge on other securities and give up our brokerage account!" Colm shook his head, his face so gloomy that he could almost drip water, "That's a lot. I think it would be nice if we could make it until Friday. ”

"What?"

This time John. Mark was completely shocked, from having more than $170 billion in liquidity to bankruptcy, it only took a few days? He had never seen anything like that in his decades of practice.

No, it must be held up until the end of the week!

"Putting the news out, we are in contact with Citibank, Midland Bank and investors from China." Soon John. Mark made a decision that turned out to be the right one, "Besides, no matter what, just take out an emergency loan." Be sure to hold it up until the end of the week. ”

"Yes!" Colm nodded, he wanted to ask. Even if it's the weekend, what to do after that. But since John. Mark didn't say anything, his throat moved, and he didn't ask in the end. He knew that John. Mark must have a follow-up arrangement.

"Let's go, it's time to give our lads a little confidence and courage!"

John. Mark looked in the mirror. After tidying up his clothes, he turned his head again, looking full of confidence, where was the panic and anxiety just now? He will be speaking to Stanley's global segment in a moment, encouraging employees who are currently in a state of panic.

……

It's not a coincidence. Like the employees of Stanley, the employees of Goodman were in a state of extreme panic at this time.

Meetings at the top are no longer held in the conference room on the top floor, but in a corner of the trading floor, so that the directors can see what is happening in the market first-hand. In order to save time, Belankefan's office was simply moved to the side of the trading floor.

At this time, although the traders were staring at the market and the Bloomberg terminal, all of them looked listless, and the whole hall was also lifeless. Bellankevan is well aware that traders know what it is like at the moment.

"Another hedge fund has withdrawn money from us!"

Looking at the traders who were hurrying towards this side outside, Frank frowned, and subconsciously said, "Isn't there no good news?" ”

In the past half hour, Goodman's stock price has fallen from $97 to $86, which is already the lowest in six years of Goodman's stock price. But the bad news didn't end there, and almost five minutes later, a trader rushed to report that a hedge fund had issued a statement withdrawing funds from Goodman's account. The frequent news of withdrawals had already numbed Rankfan, and after Druckenmiller withdrew his funds despite dissuasion, the snowball effect began.

However, to Blanke's relief, there was a steady flow of money into Goodman's account. Although it is not possible to match the outflow and inflow, it can be regarded as slowing down the outflow of funds at a certain time.

Rumble!

Just as Blancfan was still thinking about it, the trading floor suddenly erupted into an earth-shattering commotion, so loud that it almost toppled the ceiling. Blancfan hurriedly looked out and saw that the traders in the hall were all excited, many were raising their arms and shouting, and many were banging on the table desperately, making a thump-thump sound.

The entire trading floor swept away the dull and gloomy atmosphere just now.

"What happened?"

Frank Fan walked out of the office and casually pulled the trader who passed by. "What's the situation? How so? ”

"It's Cohen, Steve. Cohen! The trader turned around and saw that it was the big boss Belankfan, and he suppressed the ecstasy in his heart and replied respectfully, "Just now." Sec Capital transferred $1.5 billion to our account. He believed we had no problems. ”

Steve. Cohen and his Seck Capital are also one of the top depositors in the hedge fund world. When Druckenmiller abandoned Goodman, there was such a fund that did not withdraw funds, but instead injected them, which was undoubtedly a strong positive for Goodman's traders.

"The stock price has also gone up!"

Just when Blancfan was still thinking about Steve. At the time of Cohen and Secker Capital, the Goodman company's stock price was slowly recovering on the display in the lobby, jumping first to $87 and then to $90 very quickly.

"What is the reason?"

Frank Fan hurried to the nearest trading desk. Ask the same confused traders. The trader did not answer immediately, and operated on the Bloomberg terminal with his hands like flying for a long time, before shouting:

"Britain! Our British friends! They issued a ban! ”

Stock prices rise and fall, and not traders can always know why. Just like the Goodman share price just now, their own traders don't understand what's going on. However, after some inspection, the reason was quickly identified.

The UK Financial Services Authority (FSA) has issued a 30-day ban on the short selling of 29 financial stocks, including Goodman. The rise in Goodman's stock price just now was stimulated by this news.

He didn't even notice that Frank Fan was beside him. After finding out the reason, the trader jumped to the table in excitement. Shouted loudly: "England! England! England! ”

The whole audience was immediately ignited, and under his guidance, the traders began to shout loudly: "England! England! England! ”

But even better news was yet to come, and not long after they shouted "England", an unconfirmed message began to circulate in the market that Paulson was trying to accomplish something big.

"The Treasury, the Federal Reserve are re-weighing. It was decided to take a broader approach to alleviate the crisis! This is the headline that appeared on Bloomberg.

"Is this true, Lauder?"

It was only at this time that it was discovered that Berankfan had been standing by their side all along. For the authenticity of this news, it is naturally best to ask Belankevan.

Blankevan nodded wordlessly. It was the first time he saw the news. He realized that Paulson had taken his opinion. Now, he could finally breathe a long sigh of relief.

Seeing Bellankvan nodding, the traders' feelings were ignited again, they were well aware of Paulson's relationship with Belrankfan, and naturally knew that he would not lie. Once again, a frantic celebration appeared in the hall.

In the midst of the overwhelming noise, I don't know who it was, and suddenly the American flag "Song of the Star-Spangled Banner" was played on the speakers of the computer, and as soon as the melodious music sounded, the audience suddenly fell silent. Soon, a trader jumped onto the table, put one hand on his chest, and began to sing loudly to the rhythm. Immediately after that, the second and third places were ...... Forty traders jumped on the table and sang along.

The rest of the people didn't jump onto the trading desk, but they all put their right hands to their hearts and sang loudly to the rhythm. Many people still have tears in their eyes, including Belrankfan himself. (To be continued......)

PS: I'm sorry for the delay this time. During this time, I went home to attend two weddings at my relatives' house, and I helped with the preparations for several days...... It's the end of the month in a blink of an eye, and this month is another month of speechlessness...... I'm embarrassed to say anything, so let's keep updating...... By the way, thank you to Suzhou Wu General, AASSDDFFXX, KaLM God, CPOWER, 8112268536 and other book friends who have voted for monthly tickets these days! Thank you for the tipping of ymp200!