The Son of Finance of the Great Age

Chapter 610: Great Melee (3)

  Chapter 610 Great Melee (3)

  John Mark who hung up the phone couldn't fall asleep anymore.

The ocean-going help call from Dick Foud just now forced him to get up from the bed. After a few perfunctory words, he began to cheer up and consider the issue of acquiring the high-quality assets of Raymond Brothers, but he quickly heard from Dick Foud that A rumor about Goodman's company was told, and his sleepiness disappeared without a trace.

  Goodman & Co. secretly cooperating with hedge funds to short Raymond Brothers!

After the collapse of Bear Stearns, the market once reported that hedge funds were shorting Bear Stearns secretly, and some people even wrote a book, but this news has not been confirmed in any way , In the end it was nothing.

  Although he is the CEO of a top investment bank, John Mark doesn't know the truth behind this matter. But there is no doubt that this news caused him enough vigilance.

   Speaking of hedge funds, including London and Tokyo, there is no hedge fund in the world that can compare with Stanley & Company. Regardless of the amount of net assets or market influence, the gap between them and top financial institutions like Stanley is not a little bit. Of course, this has a lot to do with the nature of business and corporate culture of both parties. Generally speaking, hedge funds pay attention to "making a fortune in silence", while investment banks want to make money as well as "shouting".

   But even so, if a few top hedge funds or dozens of medium-sized hedge funds join forces, their power and market influence will skyrocket, catching up with companies like Stanley. Because people who can develop to their level are definitely not people who can be underestimated. Once the number is large, it means that the views of these elites are highly unified, which is enough to influence a large number of people in the market.

  The most important thing is that these hedge funds have sufficient cash flow, and they can completely compete with investment banks in the capital market.

  So when he thinks that Goodman Company is organizing such a group of people to make trouble, John Mark can't sleep. Don't look at today's target is Leimen Brothers, maybe the next target will be Stanley's turn.

Speaking of the relationship with hedge funds, John Mark asked himself that the maintenance is no worse than that of Goodman, but the problem is that during the subprime bond crisis this time, Stanley also bought a large amount of toxic assets. , Their financial statements are still very beautiful, but if it is not for the injection of external funds, maybe the crisis has already broken out now.

  Keep a sense of crisis at all times, John Mark told himself, and also warned the management of Stanley Company.

   "This is the case, let's talk about it."

  In the early hours of Paris, all the top Stanley executives were woken up by John Mark's emergency phone call from all over the world to discuss the matter of Goodman's secretly shorting Raymond Brothers.

Although they are discussing the matter of Leimen Brothers, everyone knows that this is not the matter of Leimen Brothers. If Leimen Brothers really fails, goes bankrupt or changes ownership, it will be the turn of Merrill Lynch, Stanley and Goodman three investment banks. So what is being discussed now is not only a matter of Raymond Brothers, but also a matter of Stanley Corporation itself.

"To be honest, the danger is still far away from us. We don't need to be like a frightened bird now!" Banker Jonathan Prue said dissatisfiedly, "Even the current Thunder Brothers are just a few rumors. Today's biggest The news is that Fannie Mae and Freddie Mac may be at risk of bankruptcy, but it has been refuted by Secretary Paulson and Chairman Bernanke."

"Besides, even though these rumors were released by Goodman, they never thought about how they would deal with them if one day the rumors reached them? Isn't this digging their own grave?" Finally, Jonathan Prue came to a conclusion .

"It can't be said that way!" Jonathan's voice just fell, someone retorted, "I don't think they are digging their own graves, based on what I know about them, it is indeed possible that they are behind the scenes. "

  The speaker is Paul Taubman, who is currently the director of the M&A department of Stanley Company. He used to work for Goodman Company and is quite familiar with the internal culture of Goodman Company. Although this company appears to be amiable on the outside, it is downright arrogant on the inside. They look down on anyone else, including Stanley. But because Stanley and them are only brothers, every time their employees make jokes, they always make fun of Stanley and do not target other companies.

But deep down, the Goodman people are always wary of other Wall Street counterparts, including Bear Stearns' brokerage business and Lehman Brothers' bond underwriting business. He is the best among his peers on Wall Street, so he pays special attention to poaching people. Although the government took over Bear Stearns in its entirety, Goodman managed to poach many senior brokers from them.

  In addition to poaching corners, Goodman has many methods to suppress other peers. The most important point is that Goodman's lobbying team is very powerful, and their intimacy with the governments of various countries far exceeds that of several other investment banks on Wall Street, especially the US government. The treasury ministers are all from the Goodman company.

  With strong capital and resources, and backed by people from North Korea and China, Goodman has basically established its position as the number one investment bank on Wall Street. So there's nothing they're afraid to do, even if it might cause outrage.

"This matter is true in all likelihood!" Paul Taubman said firmly, "Based on what I know about them, this time they will definitely attack. Don't ignore another point, now Treasury Secretary Paulson passed from the position of CEO of Goodman, and he will take care of Goodman Company in public and private. So, if they really want to deal with us, we will be very dangerous!"

  Paul Taubman's words silenced everyone. The lesson of Bear Stearns is still vivid. A huge company was forcibly sold at a price of two dollars per share. Although this move made Wall Street full of dissent, the Federal Reserve and the Ministry of Finance finally made concessions, but this method But it chilled the entire Wall Street investment bank.

   "We have our friends too!"

  Seeing the scene fell into silence, John Mark had no choice but to stand up and speak, "We have many friends in Congress, so don't be discouraged. They will stand up and speak for us when necessary."

Having said that, everyone knows that the current Stanley Company mainly makes good friends with members of Congress from the Democratic Party, and now both the president and the majority party in Congress are Republicans, so even if there are heavyweights to replace them Talk, but no one can say what the effect will be.

   "In addition, in order to prevent this day, we need to make two-handed preparations!"

  John Mark's voice suddenly became firm, "On the one hand, we need to actively search for potential funds in the market to ensure that we have sufficient cash flow at any time. On the other hand..."

   Speaking of this, he paused for a moment, and just when everyone was wondering, a terrible word popped out of John Mark's mouth, "We will die together."

   Naturally, if the Goodman Company really targets them one day, then the Stanley Company will choose the most tragic method when they are desperate, and they will die together.

  Because Stanley Company has aristocratic blood, although they have worked hard to become civilians over the years, the arrogance in their bones cannot be erased. So even if they die, they will pull their enemies back.

  After listening to John Mark's words, everyone's heart sank. This spontaneous pressure made them feel extremely depressed. Although this day is far from coming, everyone still feels inexplicable pressure.

  …

   "These are all the rumors in the market today!"

  Almost at the same time, a female reporter from the "Wall Street Journal" came to a public phone booth on the street after rushing to finish her manuscript, put in some coins, and made a call to Hong Kong.

   "Is that all? Bella?" Although it was late at night, Zhong Shi didn't feel sleepy at all, he was waiting for the call, "What news will there be tomorrow?"

"Of course it's more than that!" The reporter named Bella quickly replied, "Just now, I got news from inside the Ministry of Finance that the minister and the chairman of the Federal Reserve are considering hosting Fannie Mae and Freddie Mac. I think the news should be Tomorrow's big news."

   After she finished speaking, she couldn't help chuckling twice, obviously very satisfied with the sensational nature of the news.

   Although she was very satisfied, Zhong Shi was not very satisfied, because although the "two rooms" were also one of his short-selling targets, they could not be completely destroyed because of the government's endorsement. Compared with these non-bankrupt giants, Zhong Shi naturally prefers those companies that will be completely ruined.

"There are rumors in the market that Goodman and UBS are slandering Lehman Brothers behind their backs and instigating people to spread unfavorable news everywhere." Bella quickly sensed the other party's dissatisfaction and said quickly, "In addition, there is another strange thing. The phenomenon, Stanley has not made much movement so far, which makes people feel very strange."

   So far, neither side knows that Stanley has become vigilant. But when it came to Stanley, Zhong Shi seemed to recall his experience of being raped twice, which made him immediately feel uneasy. Although he realized that it was Soros who really attacked him, Stanley Company undoubtedly played a role in raising the flag.

   "Dididi..."

Just as Zhongshi was flying wild, Bella's cell phone rang at the right time. After a long silence, Bella's voice rang again, "Tomorrow the SEC will summon a group of hedge fund managers, including David Ein from Greenlight Capital. Horn and others will be there, and the topic is to explain the rationale for shorting Raymond Brothers."

"If they can't say clearly, they may face accusations of manipulating stock prices!" Bella said excitedly, "Although it is unlikely to develop to that point, it at least gave Raymond Brothers some breathing time. God, today's There is so much news, it almost exhausts me." In the end, she was still full of emotions, but there was no trace of fatigue in her tone, and she was obviously very happy to see this kind of news flying all over the sky.

"Revenge of the Leimen Brothers?" Zhong Shi tilted his head and thought for a while, but quickly put this topic behind him, because in his opinion, the meaning is really not very big, "Bella, let me put it away tomorrow." A piece of news goes out, a piece of news that can also shock the market!"

   "..." Bella was stunned, unable to speak for a while.

  As a reporter, although it is a bit unkind to reveal the news in private, it is still within the acceptable range. But if false news is spread, the consequences are very serious. Because this is a serious violation of professional ethics, and in the case of interests involved, serious cases may even involve criminal offences.

   Zhong Shi is just a patron who earns extra money. If he takes the risk of his entire career, it may not be worth it. It was because of this consideration that Bella hesitated.

"Don't worry, the news I gave you won't be fake." After a little thought, Zhong Shi knew what the other party was worried about, but he certainly wasn't aimless, "The news that Soros is shorting Stanley's stock is absolutely true Indeed. If you don’t believe it, you can consider hiding this name. Chunqiu’s brushwork is what you reporters are best at, as long as it can make the market think of who it is.”

   Recently, due to the tight schedule, I am rushing every day. I hope you don’t mind if it is a little later. I will adjust the time after a while

  

  

  (end of this chapter)