Back to 1995

Chapter 366

The entire conference room was silent for a while. After Bear Stearns, Lehman Investment Bank, and brokerages all cut their meat and left, the only thing left on the chopping board was the fat of castles and other hedge funds.

At this time, for these hedge funds, double-clicking is really a knife, they are fish, as long as the double-clicking does not let go, they will only be cut!
Ken Griffin sat silently at the end. Looking at the hedge fund executives who came this time, they were all silent, but they didn't dare to provoke the double-click again, so they could only shake their heads helplessly.

Song Yang had spotted them, and it was impossible to truly unite with one mind, so he easily used the strategy of closing positions with different stock prices, splitting them with one stone and three birds. At this time, these hedge funds, if they die together, say It might be possible to make the double-click back, but looking at the posture in front of him, Ken Griffin knew that this was impossible.

"$150 is the price of a double-click to close out options for hedge funds, and this will not change!"

At this time, it was the double click's turn to start to be strong. Edison looked at these Wall Street colleagues with a cat-and-mouse look, but showed no mercy, "Of course you can also choose not to close the position!"

If they don’t close their short positions, what awaits these hedge funds is a sky-high fine and they are banned from staying on Wall Street. It's over there, after cleaning them up, I can give an explanation to the outside world.

At this time, Harvey Pete also spoke again, looking at the hedge fund executives who were stubbornly resisting and wanting to procrastinate, he said with a serious expression, "Before NASDA closes today, we must release news to the public. This matter Things can't go on any longer!"

This is obviously helping DoubleClick and putting pressure on these hedge funds. At this time, Ken Griffin glanced at Harvey Pete and Song Yang, stood up with a cold face, "Castle Hedge Fund, Willing to close out at $150."

After speaking, after taking a deep look at Song Yang, he calculated the price that the Castle Hedge Fund had to pay. Although it was painful, the Castle Hedge Fund could afford it.

After finishing speaking, Ken Griffin got up and left. He didn't care about the angry eyes of his peers. Ken Griffin understood that it was better to trust a dog than to trust them. At least he didn't have to worry about his back Got stabbed!
Looking at the figure of Ken Griffin, Song Yang knew that he might not let it go and forget about this grievance. He might have to fight again in the future, but this time he won by double-clicking.

Edison and Kravis couldn't help but glanced at Ken Griffin, who survived with a broken tail. Being able to survive with a broken arm and decisively lose money to withdraw is one of the best choices for the current Castle Fund. Being able to make this kind of choice is enough to prove that Ken Griffin has a tough heart. Addison feels that Ken Griffin will definitely not be an unknown person in the future, and he may have to fight against each other in the future.

There are countless geniuses on Wall Street, and there are geniuses and lucky ones who appear every year, but the one who survives to the end is the winner. Soros, Buffett, and Carl Icahn have all been defeated before, but they made a comeback soon, standing up every time , are far more powerful than before, like Creamer, who can finish the game in one go. In the history of Wall Street, it is just a symbol...

Ken Griffin's loss of money and his exit completely disintegrated the group of hedge funds. Other hedge funds could only grit their teeth and swallow blood in their stomachs. The color of anger is gone!
After the agreement was signed and Harvey Pete, Spector, Dick Fold, Ken Robert and others all left, only Song Yang, Whitman, Kravis and Ai Dichen and others, as well as the equity transfer agreements on the table!

Looking at the agreements, even Edison, who was used to seeing big winds and waves, tossing rivers and seas in the field of foreign exchange and commodities, couldn't help pursing his lips. The tradable shares in the hands of banks and investment banks are transferred to hedge funds, Lehman investment banks, securities firms, etc. to close their positions!
Each of these documents represents tens of millions or even hundreds of millions of dollars in cash. The Light Castle hedge fund family took out more than two billion dollars in exchange for 150 million double-click tradable shares.

But this time, Double-click, KKR Group, and Deutsche Bank Investment Bank transferred more than 2000 million outstanding shares of Double-click, worth more than $22 billion!

1000 million outstanding shares were given to hedge funds such as Castle at a price of $150, 500 million shares were transferred to Lehman Investment Bank at a price of $500, and the other [-] million shares were given to That dozens of brokerages.

Seeing these agreements, Whitman, Marcus, Addison, Kravis and others seemed to see piles of bills piled up with dollars!
The point is that the entire plan has been implemented in less than two weeks, just like cutting leeks directly. With so many dollars cut, the madness of Wall Street is vividly displayed.

And it's not just these double-click tradable shares, they got so much money in exchange, and there are also options to do long double-click, which is no less profitable than these tradable shares!
Kravis, who is in charge of the trader, is the clearest about how much he has earned this time. Now Kravis can hardly hide the smile on his face. After this time, he, the former "barbarian at the gate of Wall Street" , Once again, it is back to the mainstream of Wall Street.

He has made a lot of money in several consecutive trades, helped American Telecom cheat AOL, and hunted Wall Street hedge funds with double-clicks. After this time, KKR Group is expected to become famous on Wall Street.

The KKR Group's transformation is considered a complete success. The key point is that these few times are related to Song Yang, so that Kravis's attitude towards Song Yang is beyond doubt. Kravis feels that he contacted Song Yang through Enron before. Letting KKR Group become Song Yang's investment consultant is the most correct decision he has made in so many years!
Kravis, Marcus, Edison and others, after discussing for a long time, said to the people in the conference room, "This time, the double-click company, KKR Group, and Deutsche Bank Investment Bank jointly plan to make a profit of 47%. About US$[-] million, if the plan is successful in the future, there may be some additional income!"

This huge income, in addition to selling the tradable shares at a high price to those hedge funds to take over, the rest is earned by doing long double-click options.

When hearing this number, Whitman, Marcus, Lehman and others in the conference room couldn't help but stare. According to the "spoil sharing agreement" signed by the previous three companies, Double Click and Song Yang can share 30 % of the income, which is nearly 14 billion US dollars!

Even if you have to pay a sky-high tax, get rid of some costs, and public relations and other expenses, this is an income that will definitely make everyone jealous.

You know, in today's Internet industry, it seems that the stock price is skyrocketing, and the market value continues to hit new highs, but very few people make money. It is considered pretty good to be able to maintain a balance of payments and not lose money like Double-click and Netscape.

Song Yang also smiled when he heard such benefits, but he didn't show too much excitement. After all, he had already experienced it once. Before America Telecom, he had experienced a "spoil sharing conference". It is also a leek on Wall Street. This is already the second time. I am familiar with it. I just don’t know if I will cut another crop in the future...

Deutsche Bank Investment Bank takes 47% of the $40 billion profit, Double-click and KKR Group each take 30%, and the double-click $14 billion profit will not be kept in hand, but will be scraped through the show operation Split out.

Song Yang, the major shareholder, will definitely take the lead, and then the major shareholders and executives of the double-click board of directors will also distribute a dividend to investors. Anyway, there will never be too much money left on the books. Basically, it is a common routine used by American companies. They buy back a large number of stocks every year, and then pay huge dividends to major shareholders and executives. As for the leeks, no one will pay too much attention to them. Leek's!
And the most important point is that if you double-click the stock price this time, the height of 150 dollars will definitely not be able to support it, but as long as it can be maintained at a few tens of dollars, then after the lifting of the ban period, Song Yang will be able to double-click the price again. Stock cash out, get back a large amount of cash!
"This time, the public relations expenses must not be reduced. The Federal Securities Commission and Capitol Hill must conduct public relations and donations."

Song Yang explained to Kravis that there are a lot of people who need to be dealt with this time. In order to avoid future troubles, the public relations expenses this time must not be less.

The boss of the Federal Securities Commission, Levitt, the Cowboy Family, Tom DeLay, Harvey Pete, as well as the American German Congressmen contacted by the Deutsche Bank Investment Bank, the Donkey Party Congressmen sought by the KKR Group, etc., will all donate this time The last sum of money allows them to share a piece of the cake. In the future, if someone turns over the old score, it will be the enemy of all those who ate the cake.

Hearing Song Yang's words, Kravis couldn't help but nodded, and looked at Song Yang in agreement. He was not as greedy as the gangsters on Wall Street, and he was unwilling to give up a steel coin. Song Yang's share of the cake seemed less Earning some money, but avoiding future troubles, is absolutely worth it. People who eat alone have always had nothing good to eat!
Near the close of Nasdaq, the double-click stock price also reached a sky-high price of $158, and the market value exceeded $230 billion. The comment was, "There will be no price like this again in the next ten years!"

At the last moment of closing, Double-click's stock price, which had gone crazy, suddenly fell by 24%, reaching $120. Then news came out that Double-click had reached an equity transfer agreement with a Wall Street hedge fund!

(End of this chapter)