Back to 1995

Greck and Marcus both experienced the frenzy when the Nasdaq bubble burst. The entire Nasdaq collapsed. I saw with my own eyes that the Nasdaq index fell to nothing in just a few days. In less than a half, countless Internet companies have been liquidated and delisted. As for the people who jumped from the rooftops of Wall Street and the Golden Gate Bridge, I don’t know how many there are.

Ignorant and fearless, only those who have really experienced it will be afraid. Now that Song Yang suddenly heard that Song Yang was about to start preparing cash flow again, Greg and Marcus looked very dignified.

"Song, do you think Nasdaq is at risk?!"

Marcus asked Song Yang tentatively. In the past few years, Nasdaq has risen a lot, but in fact, it is far from that kind of fanatical status. No matter how short the memories of leeks are, they will not Forget what just happened a few years ago.

Hearing Song Yang mention this now, Marcus thought that Song Yang was worried that Nasdaq would repeat the same mistakes as the last bubble burst.

Song Yang shook his head, he couldn't say that it was not because he was worried about Nasdaq, but because Wall Street institutions played too much, packaged the real estate loans of American people into bonds, funds and other things, and sold them all over the world at high prices. Once this thing explodes, the storm will be much more powerful than the Nasdaq crash, not to mention the American stock market, Bank of America, insurance, Wall Street investment banks, etc. will all be involved!

Nasdaq can only be said to be a disaster for no reason, being dragged down by the subprime mortgage crisis, but no matter what the reason is, it should be unlucky or unlucky.

"Be prepared. Nasdaq has been skyrocketing for four years. Some Internet companies such as ICQ have already risen back to their original stock price peaks. Even a rising star like Google has a market value of more than 500 billion US dollars. Compared with At the beginning of the listing, it has already doubled six times!
We don't know when the unknown will come, but it's not a bad thing to prepare early! "

Song Yang talked about the risk of worrying that Nasdaq would repeat the same mistakes of the past, and he had to start cashing out those stocks in advance and let it go.

Marcus and Greg looked at each other, neither of them doubted Song Yang's words. They have been familiar with Song Yang's style for so many years. When it's time to take a risk, Song Yang will never be afraid, but he will never Putting yourself at risk for a little profit.

Before the Nasdaq crashed that year, Song Yang staged a textbook-style cash-out tutorial, which amazed the entire Silicon Valley.

Now I am worried about Nasdaq again, and it makes sense to run away, but Marcus paused for a moment and said to Song Yang, "Song, this time is different from last time. Now you are in Nasdaq with the New York Stock Exchange The value on the Internet far exceeds that at the beginning.

If you want to get rid of the shares of ICQ, Google, Alcatel Group, etc., it may take a long time to find new buyers to take over the shares of ICQ, Google, and Alcatel Group under the circumstances that cause the stock prices of these companies to fluctuate violently..."

Song Yang is in the position of major shareholder in companies such as ICQ, Google, and Alcatel. If he directly cashes out, the shock will be too great. If he runs away, the leeks will probably run away. Was taken to collapse.

Moreover, Song Yang does not intend to completely throw away the equity of these companies. He will resell the equity in his hand to a new buyer while maintaining his status as a major shareholder as much as possible. One day, when the stock price drops, he will buy it back. Equity!

It seems that there is nothing wrong with it, but it is basically a bet. If the stock prices of ICQ and other companies fall in the future, then Song Yang will naturally make a profit. The problem is that it may not even be recovered at all, and the status of major shareholders may be affected. It is not so easy to take advantage of the cheap.

Those Wall Street investment banks, Commonwealth Bank, overseas consortiums, fund companies, etc. that took over Song Yang's equity are all good people. They are also betting that they can earn more if they take over the equity held by Song Yang. Seeing a loss-making business, the dog will not take a second look.

"You should have enough time to trade these as long as you complete the cash out before next year and put the cash flow in the account of the North American Global Investment Fund!"

Song Yang said to Marcus that every crisis is also a gluttonous feast. Shorting things like Nasdaq or the New York Stock Exchange is what Goldman Sachs and other Wall Street institutions love to do. Song Yang is not going to short Nasdaq Nasdaq, like those hedge funds on Wall Street, can make a little money, but it really broke Nasdaq. Those hedge fund managers will definitely run into the lake in the morning, or shoot themselves in the back in the basement. How many shots!

The money was so hot that ordinary people couldn't hold it at all. Even Paulson ran away after shorting the Nasdaq back then, and went into the revolving door to avoid the limelight, let alone trying to do it to others.

Song Yang is not interested in that quick money, but when the subprime mortgage crisis turns America upside down, there will be a lot of industries at the price of cabbage, no matter what line of business they are in, there will be opportunities to buy the bottom, not only Ami In Liga, North America, old Europe, Asia and other places, there are things at the price of cabbage everywhere. As long as you have cash flow in your hands, you can take those things back, cover them for a few years, and even at the end of the year, you can sell them at high prices and make a fortune!
"The latest news from Silicon Valley, ICQ co-president Erin Doherty will step down as president of ICQ due to physical reasons. This is the second time that the Internet social queen has left her empire. Lynn Doherty turned the tide and brought ICQ to the throne of the world's largest technology company by market capitalization.

ICQ insiders and Wall Street institutions expressed shock and bewilderment at Irene's resignation, but some analysts estimated that Irene Doherty's resignation may have an impact on ICQ in the short term, but ICQ will remain the same in the future. It can be stabilized, and there are rumors that many professional managers are interested in competing for the position of head of ICQ! "

"After Irene Doherty announced her resignation from ICQ, another technology queen in the technology industry, Double-click and ebay co-president Whitman announced in an interview with the media that she is considering her retirement plan and stepping down as the head of the two major technology companies, Double-click and ebay. After taking the position of doorman, Whitman announced that she might devote herself to official career and public welfare, and if she decides to retire, she will participate in the competition for the next governor of California!"

"Alcatel Group is officially listed today. As of now, the stock price has risen by more than 4%. Thanks to the strong smartphone and tablet business, many investment institutions around the world are optimistic about the future of Alcatel Group, even if it is split before listing. Several major businesses such as chips, LCD TVs, and graphics cards!"

Technology media and financial news are overwhelmingly reporting the news of Alcatel Group’s listing. This is basically the hottest news in the global technology industry, because it represents the first brother of smartphones, and finally completed the listing. The concept of smartphones Stocks have finally reached their peak moment.

In addition to the Alcatel Group news, two of the most famous female professional managers in the technology industry also reported amazing news. First, it was reported that Erin Dougherty had officially resigned from ICQ due to physical reasons. One stone caused a thousand waves. The news was beyond everyone's expectations. They didn't know what happened to ICQ at all.

Some voices even speculated that there was a conflict between Song Yang and Irene, and outrageous news about fighting for the power of ICQ began to appear.

And while the news about Irene hadn't dissipated, Whitman, who had been in charge of Double-Click Company and eBay for many years and took them public, was rated by the outside media as one of the most powerful professional female managers in America, It was also reported to the media that she is already considering retirement, and after she retires, she will represent the Elephant Party and participate in the California governor's election.

This made the outside world begin to feel the undercurrents in the North American Global Investment Fund. First Irene and then Whitman, and then at the celebration banquet for Alcatel Group’s listing, Ertian also made a surprising statement, announcing the latest As late as this year's Christmas, the position of the head of the Alcatel Group was officially relinquished. As soon as the news came out, it caused an uproar, and it also made the voice of problems in the Song Yang camp intensify.

There are even even more outrageous rumors that Song Yang is playing tricks, after companies such as ICQ, Google, Double-click, and Alcatel Group completed their listings, they began to gather the power of these companies and drive out those heroes. Let's go, anyway, all kinds of outrageous rumors are starting to appear.

But apart from these news, Marcus quietly began to find investment institutions on Wall Street and around the world, and began to take over the shares held by Song Yang.

"President Immelt, the investment arm of General Electric, has just completed the acquisition of four companies, including credit card companies, subprime mortgage lenders, and commercial real estate companies. In addition, he has also acquired New Century Corporation of America and the tenth largest mortgage company in America. Mortgage institution, America Home Loan Company has completed a new round of investment!"

General Electric's new headquarters building, the head of General Electric, Immelt, is sitting in the president's office, listening to the head of General Electric's financial department and reporting to him.

Since Immelt took office, although he has experienced ups and downs, first the Nasdaq crash, the Twin Towers incident in New York, and then Hurricane Katrina, General Electric has been in turmoil over the years, and its stock price has followed suit. The shrinkage of revenue continued, but Immelt still secured his position as the head of General Electric, but it was not as glorious as the Welch era.

And Immelt also moved General Electric's headquarters from the old building decades ago to this new headquarters building. There is no atmosphere left by Welch and others here, and he is completely in control .

Listening to the report by the head of GE's most profitable financial department, Immelt nodded. Although he has sworn to the sky since he took office, he will let GE return to its main business, that is, its industrial and engine business, etc. But the profit of that thing is too low, how can it be as fast as the money from lending money? !

Immelt has indeed worked hard. He teamed up with someone to swallow up Alstom, and acquired a lot of companies such as the British Medical Imaging Company, but the performance growth is still too slow.

Moreover, the board of directors of General Electric, Wall Street institutions, and investors who bought General Electric are constantly urging him to increase General Electric's revenue and stock price. As a last resort, Immelt can only return to the lending business, and now What is the most profitable in the American lending industry is undoubtedly the subprime loan lending business, and it is naturally impossible for General Electric to miss it.

"Boss," said the department head, after finishing the report, put away the documents, and told Immelt an interesting incident, "Bruno Song seems to have a real problem, and that Marcus is going all over the world. Selling those shares held by Bruno Song!"

(End of this chapter)