Chapter 86: Soros's Ambition (1)

"Damn, is this what you sued me for shorting Bear Stearns? Look at what you've done, Lord, this company is now completely finished. Yes, a qiē is all messed up! ”

Despite the dissuasion of the secretary, Joseph. Lewis angrily burst into Soros's office, almost pointing at the tip of Soros's nose and yelling, "George, it's all messed up." Do you know? Do you know? How much is Bear Stearns worth per share now? Two dollars, yes, that's two dollars! ”

Joseph. Lewis only got the news after the deal was concluded, and as the largest individual shareholder, he flatly rejected the deal, but his opposition was of no avail when the other shareholders agreed. What's more, he didn't know until the board meeting that Bear Stearns was really in a situation of extremely tight liquidity, and if the deal didn't happen in time, Bear Stearns would have to declare bankruptcy today, and he wouldn't even be able to recover the last two dollars.

From a high of seventy or eighty dollars or even hundreds of dollars in Bear Stearns, to now only two dollars per share on the books, Joseph . Lewis's trade was a losing deal, with a loss of nearly 100%, which was extremely costly.

Naturally, Joseph. Lewis was extremely distressed, after all, his wealth was not blown by the wind, nor did it fall from the sky. After a moment of shock and chagrin, he calmed down to reflect on the investment, only to discover that he, a shareholder, had unwittingly acted as an accomplice to Bear Stearns' low-cost change.

That's right, it was the part of the shares that was lent to Soros that gave these damn hedge funds the chips to short, which led Bear Stearns to the point of being completely worthless.

Joseph, who thought he had figured it out. Lewis flew from London to New York on his own private jet that night to ask Soros for an explanation. During the whole process, he never reflected on himself purely because he was dazed. It gave Soros an opportunity.

Although Lewis's roar was in his ears, Soros didn't take his words to heart in the slightest, didn't even bother to raise his eyelids, and still sat in his wide boss chair and watched the TV on the opposite wall seriously.

When the blonde secretary saw his big boss looking nonchalant, a worried heart immediately settled down, and quietly brought two cups of coffee. He quietly retreated, and closed the door with his hand.

"Sorry, Joseph, give me a minute!" It took a long time for Soros to hold up a finger and gesture to Lewis, and then continued to stare intently at the TV.

Lewis, who was left out in the cold, was even more furious, but now Soros has a no-nonsense attitude, so he can't get angry. In any case, everyone is an upper-class person, and it is impossible to beat and smash like a street shrew, and at the moment he can only sit down with anger and watch TV with Soros.

Although Soros said it was a minute, the TV show lasted for half an hour, and it was about a frivolous lawsuit, at least Joseph. Lewis thought so that he yawned at least a few times during the entire viewing.

Finally, when the camera switched to another show. Joseph. Lewis had a chance to speak," George. The situation is different from what we expected! ”

At this time, his anger finally subsided a lot, and this half-hour meditation made him reflect a lot, and after realizing that he might have made a big mistake, his confidence was no longer as strong as it was just now.

"yes, it's not quite what we thought!" Soros replied absentmindedly. "I didn't expect this guy to short Bear Stearns. God, I did him a great favor unintentionally this time. ”

According to Guò TV, Soros has learned the news of Bell Stone's short Bear Stearns, and the mysterious bears who puzzled them before have since surfaced, but this result made Soros a little crying and laughing: the opponent he tried so hard to defeat was not only safe and sound. even made a lot of money with the help of himself.

This time the great opportunity did not do anything to the other party, and even the inside line that had been arranged for a long time was exposed, and Soros lost his wife and soldiers this time, which made him feel extremely frustrated, and even the joy brought by the huge profit he had just made in Bellsden was diluted a lot.

"What?" Lewis was confused, frowned and spread his hands and asked in confusion, "George, who are you helping with?" Do you know what I'm talking about? Bear Stearns is finished, Bear Stearns is devastated! You don't know, do you? ”

"Of course I do!" Soros came back to his senses and glanced at Lewis with a smirk, a hint of cunning flashing in his eyes, "It's really different from what we expected." But Joseph, I didn't fully expect that Bear Stearns' internal financial situation would be so bad, I originally thought that they would recover after a while, but I didn't expect them to collapse directly, which was really unexpected. ”

After saying that, he gave Lewis a shrug of his shoulders and a helpless reaction, but the slightly raised corners of his mouth and his eyes that were almost slitted betrayed his true thoughts.

Yes, starting short at $60 and now only worth $2 per stock, this income can satisfy any investor on the planet, yes, any investor, and Soros is no exception.

Lewis stared at Soros suspiciously for a long time, and then suddenly said, "George, everything is under your control, right?" Without waiting for Soros to refute it, he himself decided on this inference, and said to himself: "It must be so, you spread all this news, and then investors all over the world are in a hurry to withdraw their funds from Bear Stearns, and at the same time no longer have business dealings with them." With no funds to borrow in the market and a continuous loss of its own cash, Bear Stearns will certainly not be able to support it for long. I see, I get all of it, you've been trying to do more than just short Bear Stearns, you're just trying to make it die, it's going to be finished, right? ”

Soros didn't admit or deny it, just glanced at Lewis in a lofty manner, and then took the coffee and tasted it slowly.

See Soros's style. Lewis still didn't understand, he held his head in pain, and groaned, "Lord, how could I be so stupid to listen to you? Oh, Lord. It's unbelievable, I'm such a. ”

"Take it easy, Joseph, now you don't have a chance to recoup your losses!" Soros looked at Lewis with a smile, shook his head slightly, and then pointed out seemingly kindly, "Do you know that the current price of two dollars per share makes many people very dissatisfied?" ”

"So what?" As soon as he heard that it was possible to recoup his losses, Lewis was naturally in good spirits. However, after hearing Soros's words, he was deflated again, the current Bear Stearns transaction is an ironclad fact, and it is useless to do anything by himself, "Can I still recover my losses?" Can you get the stock price back to $100? ”

"Of course you can't!" Soros glared at Lewis with a look of incredulity, but then he smiled and said slowly. "No one can do that. But as a major shareholder, if you have been able to lobby in the media or regulators. If you force JPMorgan to raise the price, you may be able to sell your stock at a higher price, which is what I call recovering losses. Of course, you can't expect JPMorgan to buy at market price at this time. ”

"As far as I know, there is a lot of talk about JPMorgan Chase taking advantage of the fire to rob now, and this business involves the Fed. In order to avoid losses, the Fed may also secretly put pressure on JPMorgan Chase. So at times like these, it's important to have someone stand up and speak up. What do you think, Joseph? Think about it! ”

After Soros finished speaking, he stopped looking at Lewis and sipped his coffee to himself. He breathed slowly. The expression was indifferent, and it was completely a posture of staying out of the matter.

In fact, what he said is completely dismantling his own short bottom, because if JPMorgan Chase raises the quote, it means that the price at which they close their short positions will also increase, which means that their gains will be lost, and Soros will definitely not be so kind.

Joseph. Lewis didn't say anything, he lowered his head and thought about the possibility of the qiē that Soros said, in fact, before he came, he had also collected all the details about Bear Stearns' acquisition, and naturally knew that many of Bear Stearns' small shareholders were quite dissatisfied with such a low-cost acquisition, but their share was too small, so they could only pinch their noses and endure it. And if he stands up as the largest individual shareholder at this time, maybe he can really respond to the call and make JPMorgan Chase raise the price.

Of course, no matter what, the acquisition is unlikely to be reversed.

"I think it's a good idea, maybe I'll try it, but before that, I have one condition." Lewis sneered and said, "No matter what your organization is like, no matter what your next goal is, I have one condition, that is, I want to join!" ”

Soros, who was originally there with the old god, was stunned for a moment, and the smiling expression on his face instantly became sluggish, but the next moment he coughed lightly and asked pretending to be puzzled, "What?" Joseph, what are you talking about? I don't understand what you're saying at all! ”

"Please, George, don't take me for a fool, okay?" Lewis slapped his thigh and said angrily, "If it weren't for you borrowing stocks from me, if I hadn't known that the last money had escaped from a hedge fund, and if you hadn't told me about my plan to inflate the offer, I really wouldn't be sure that you were a gang that orchestrated the whole process of Bear Stearns' collapse behind the scenes." I'm right, George? ”

"Oh?" Soros slowly put down the cup in his hand, raised his head and looked at Lewis again, his expression was solemn and solemn, his eyes were sharp and ruthless, Soros at this moment was his true face, "Joseph, I really didn't expect that you actually know so much. Well, now sue me, how do you know that? ”

"It's easy!" For Soros, who suddenly changed a person, Lewis did not feel too much pressure, on the contrary, he was still a little happy in his heart, he knew that the other party had finally begun to officially confess to himself, and replied seriously at the moment, "Raising the quotation will naturally increase the price at which you close the position, this kind of thankless thing, you come to encourage me to carry it out, it is very unreasonable in itself, isn't it?" ”

"So you're still using me in this matter, and I think the biggest possibility is that while I'm here to build momentum, you take the opportunity to buy circulating chips at a low price, maybe a little higher than two dollars, and take the opportunity to close the position. Even if I didn't raise the purchase price of JPMorgan Chase, as long as there is this public opinion, shareholders will have expectations, and you will have enough time to close the position, right? ”

"If the above isn't enough to impress you, Mr. Soros, then I have another bargaining chip, what do you think would happen if I said this qiē?"

As soon as Lewis said this, Soros's face immediately changed, and the next moment he stood up, stretched out his arm towards Lewis, and said, "Congratulations, Mr. Lewis, you are now one of us!" (To be continued......)

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