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Chapter 923 Decent
Julian Robinson's attitude today does not rely on the old to sell the old, or play with his status in the world. It is quite a bit of "honesty".

Looking at Song Yang in front of him, Julian Robinson didn't have any resentment or a look of innocence. He had experienced too much, and he knew that this time when he was getting old, he stumbled and lost everything in the end. After 20 years Once his hard work is destroyed, he will also be removed from the list of Wall Street figures who will influence this century in future Wall Street reviews.

In this battle, Julian Robinson's historical status was completely wiped out, and his famous name disappeared. In the future, Wall Street may define him as another Livermore-style tragic figure.

It's just that, compared to those in Livermore in their old age, Julian Robinson doesn't have to worry about his life after retirement. Tiger Fund is finished, but as long as Julian Robinson doesn't get chased this time, he This is the purpose of Julian Robinson's visit this time.

The skills are not as good as others, but Julian Robinson also admitted defeat simply, looked at Song Yang, and Kravis, Edison and others beside him, and said with a smile, "Perhaps, I should choose to retire early, even Soros That old guy has started to hand over the Quantum Fund to the next generation..."

Listening to Julian Robinson's words, Kravis and Addison, who were also gangsters on Wall Street, couldn't help being silent for a while.

I often walk by the river without getting my shoes wet. Julian Robinson's ending today is likely to be their ending tomorrow. There is indeed no undefeated god in the world...

After talking a few words, Julian Robinson knew that he had to get to the point, and he knew that he had to face what he had to face.

"Tiger Fund currently has only 45 billion US dollars left in its accounts. I hope North American Global Investment Fund, KKR Group, and Deutsche Bank Investment Bank can let Tiger Fund complete the liquidation and keep 10% of the US dollars to return to investors!"

The bankruptcy and liquidation of Tiger Fund is already inevitable. Julian Robinson just wants to deal with it in a decent way. He doesn't want to be decent. Someone will help him to be decent...

For this short sale, Tiger Fund also used leverage and borrowed a large sum of US dollars. The US dollars used before exceeded 350 billion US dollars. However, as the stock prices of companies such as Amazon, ebay, and Sohu skyrocketed, almost all of them were wiped out. Coupled with the fact that banks, securities companies and other companies saw the bad situation, they withdrew a lot of dollars from the forced liquidation, leaving Tiger Fund with only 45 billion dollars on its books.

The money owed to banks and investors, Tiger Fund will definitely not be able to pay, and it is estimated that banks and securities companies don’t want it anymore. As long as Tiger Fund can clean up the mud under the bottom, they will be thankful.

Now Julian Robinson wants to use this dollar in exchange for closing positions, and then leave hundreds of millions of dollars to investors in exchange for them not to file a class action lawsuit against the executives of Tiger Fund, and then he can get out.

As for investors, will they accept this proposal? Well, it’s fine if you don’t accept it. If you don’t accept it, you won’t even be able to share the last few hundred million dollars. If you don’t accept it, you will go to court. Hire a top lawyer, plus Julian · Robinson's contacts, he was sentenced to a nominal prison at most, and he was able to come out to retire after paying a security deposit, and he might live longer than those investors.

Whether they will not get any money or get some money back, this multiple-choice question is not difficult for the investors of Tiger Fund. Although they are not reconciled, the best choice they can make is this up.

Hearing that Tiger Fund could only take out 40 billion US dollars to close the position, Kravis and Edison frowned, which was much less than they expected.

Julian Robinson also looked at Kravis and Addison without saying a word, and finally his eyes fell on Song Yang with a calm face.

It is true that Tiger Fund lost, but Julian Robinson declared bankruptcy. North American Global Investment Fund, Spark Fund, KKR Group, and Deutsche Bank Investment Bank are indeed winners, but they are still on paper. They need to convert Amazon, The high stock prices of companies such as eBay, Sohu, and Fortinet must be sold to the receiving institutions, otherwise it will be nothing!

Tiger Fund, if it really can’t close the position, then everyone will lose face, and finally go to the federal court. Tiger Fund’s billions of dollars will be taken away by the bank, and some will be returned to investors, and finally landed in North America. The dollars in the hands of the Global Investment Fund may not be as much as Julian Robinson's proposal this time.

"make a deal!"

At this time, Song Yang suddenly said, "However, regarding the news that Tiger Fund has closed its position in Amazon and other stocks, I request that the North American Global Investment Fund communicate with Lehman, Bear Stearns, Credit Suisse, Japan Nomura Bank, Bank of Spain, Fidelity Investments, Jiayin Securities, etc. will announce it after the discussion is over!"

Julian Robinson was stunned at first, and then he showed a sudden expression, showing a little weird look on his face, but he quickly agreed with the mentality that a dead fellow Taoist would not die poor.

Tiger Fund is about to be liquidated, and those investment banks and banks are going to be unlucky. Is there something wrong with bleeding? After people fall into the pit, they see other people fall into the pit, and the pain will be less...

"Many securities companies in America, including Charles Schwab Securities, have announced that they will lay off no less than 25% of their staff due to the impact of the decline in performance!"

"Over 51 Wall Street hedge fund companies have declared bankruptcy this month!"

"Nomura Bank, Bank of Spain, Fidelity Investments and many other banks and investment companies have announced adjustments to their performance for the fourth quarter of this year!"

"North American Global Investment Foundation, announced that it will not sell shares of companies such as Amazon in the short term!"

The impact of the failure of Wall Street hedge funds to short the stock prices of Amazon, eBay and other companies has begun to gradually manifest.

In order to close their positions, major Wall Street institutions, investment banks, and securities had to sell the stocks of other companies to raise dollars, which caused a siphon phenomenon in the stock market. The stock prices of Amazon and other Bruno concept stock companies continued to skyrocket, while the stock prices of other companies fell. A sharp drop, if this continues, the entire Nasdaq and the New York Stock Exchange are expected to set off a new round of avalanche.

Needless to say, hedge funds have almost suffered a round of wipeouts. A large number of hedge fund companies have fallen.

American securities companies such as Charles Schwab Securities also suffered heavy losses in this round, and their performance is not expected.

On the other side, the North American Global Investment Fund, Spark Fund, KKR Group, etc., have put on an uncompromising posture, wanting to wipe out the short sellers on Wall Street and not force those hedge fund companies to jump off the roof. Never give up attitude!

Affected by the North American Global Investment Foundation, the stock prices of Amazon and other companies have risen more realistically. The stock price has exceeded 280 US dollars, and the market value has exceeded 580 billion US dollars. Seeing that the market value of 600 billion US dollars is already within easy reach.

This stock price and market value are at a level that Amazon did not reach when the Internet market was at its best. Everyone knows that Amazon is already seriously puffy, but there are still a large group of people who are desperately raising the stock price, because they will definitely take over in the end. No one wants to miss the opportunity to slaughter the fat sheep.

On a plane flying towards San Jose, the atmosphere was very gloomy. The people sitting on the plane were all big names from Wall Street and the investment industry, and all of them looked gloomy at the moment.

Especially for some people who have experienced this kind of experience for the second time, the mood at this time cannot be described in words!

"Amazon's stock price cannot go up any further!"

The representative of the Bank of Spain suddenly spoke loudly to Harvey Pete, who was sitting in front of the cabin with his eyes closed.

At the beginning, Double-click hunted down Wall Street short sellers, and it was Harvey Peet who finally acted as a peacemaker.

It's just that compared to a few years ago, Harvey Pete now has a bit more "big shot" demeanor. Harvey Pete is a party member and one of the most closely related figures in the Little Cowboy family.

There are rumors that if the Cowboys won this time, Harvey Pete will be nominated by the Cowboys to become the boss of the Federal Securities Commission!

Regardless of whether the news is true or not, it is not easy to say how much it will be true, but such news is enough to show Harvey Pete's current status in the Federal Securities Commission.

Harvey Pete gave the speaker a cold look. A few years ago, he acted as a peacemaker, and he might have to explain to Wall Street to appease their emotions, but now, especially at this time, Harvey Pete can be regarded as having professional ethics if he doesn't turn his ass all over to Song Yang, the big financier of the little cowboy family.

"If Bank of Spain has any dissatisfaction, it can withdraw from this negotiation and resolve the liquidation issue by itself. However, before that, all Bank of Spain's operations in America will be suspended, and all assets will be temporarily frozen until the matter is resolved!"

Hearing this, the representative of the Bank of Spain turned pale. He knew that what Harvey Pete said was really not a joke, and America could really do it.

The expressions of all the people on the plane became ugly at this moment. Harvey Pete's attitude, although not representative of all, also represented the attitude of the Federal Securities Commission, which was biased toward Song Yang.

Sitting in the back of the plane, the president of Lehman Investment Bank, Dick Fuld, and the president of Bear Stearns Investment Bank, who were whispering in whispers, were also a little silent for a while. They naturally knew why the Federal Securities Commission had such an attitude this time. .

(End of this chapter)