Happy Tycoon

There is nothing wrong with Henry Williams' statement. Although the U.S. Securities and Exchange Act and Regulation No. 144 specifically stipulate the reduction of major shareholders' holdings, there are also exemption regulations.

It's as if KY Investment Fund now owns 7.2% of First National Bank of Boston and 6.9% of John Hancock Mutual Life Insurance Company, both of which are the largest institutional shareholders.

According to the relevant laws of the US securities exchange, if a new major shareholder like KY Investment Fund wants to reduce its holdings, it will take at least two years before it can be done. KY Investment Fund has only held the shares of these two companies for less than half a year, so if these regulations are followed, KY Investment Fund cannot reduce its holdings of shares within two years.

However, the U.S. Federal Securities and Exchange Commission has also set aside some exceptions for some special circumstances. For example, KY Investment Fund did not hold more than 5% of the stocks of these two companies before, only a little over. Later, the increase in holdings was due to the stock market crash. In order to save the stock market, the KY investment fund has spent a huge amount of money to repurchase stocks. This is an act of bailing out and supporting the market. Therefore, the shares increased by the KY investment fund during the stock market crash can be classified as Special Exemption Exceptions.

Of course, this part of the increased shares should first be sold to internal shareholders after the announcement to reduce their holdings. Only after the internal shareholders are unwilling to subscribe for this part of the shares will they flow into the circulation market.

That is to say, this part of the shares increased during the stock market crash can not be restricted by the US Securities Act and Regulation 144, but it is still necessary to report to the Federal Securities and Exchange Commission accordingly. It is also necessary to rush to buy internal shareholders first.

It is precisely because of this that Henry Williams dared to publicly declare that he would reduce his holdings in First National Bank of Boston and John Hancock Mutual Life Insurance Company.

As for who is responsible for those sky-high sell-offs in the stock market at the beginning, who knows! It must be that most shareholders are not optimistic about the future of these two companies, so they are rushing to sell their stocks. It is because you did not do well enough and did not bring great confidence to the investors, so it is not surprising that the investors abandoned you.

In fact, not only ordinary stockholders abandon you, even I, the largest shareholder, is not optimistic about your future. Tell me, what else do you have to live for? It deserves to fall so hard!

Just one day's decline brought the stock prices of these two companies directly to the level of the day of the stock market crash. At this time, even if the internal shareholders want to repurchase this part of the stock, they must repurchase according to the stock price when the KY investment fund announced the reduction of holdings.

In this way, the guys from the Boston consortium will be embarrassed. They really didn't expect that the stock price of their core company would drop so badly within one day. Even if they want to buy back this part of the KY investment fund's stock, they have to buy it back at the price before the market opened today. That is, the repurchase price is 28% higher than the actual share price.

No one would take advantage of this. Even if the Boston consortium repurchases those tradable shares from the tradable market at a low price, there is still a huge amount of selling on the top of their heads—the largest shareholder reducing its holdings , This is bad news that is worse than any bad news!

But if the Boston consortium does not repurchase this part of the shares, then when the time stipulated by the Federal Securities and Exchange Commission arrives, the KY investment fund can fight for no profit and sell these stocks at the market price. In that case, the trouble for the Boston consortium will be even greater up.

Based on Boston First National Bank’s market capitalization of USD 56 billion before the crash, KY Investment Fund’s stock holdings increased by about 5.8% during the stock market crash, with a market capitalization of approximately USD 3.25 billion. This is not a small number. It can definitely directly put the stock price of Boston First National Bank in a long-term negative state. This period will last at least three months or even more than half a year. Only such a long time, the market Only then is it possible to digest such a large sell-off.

And even if the market digests such a large sell-off, it will take a long time for the stock price of First National Bank of Boston to return to the price before the opening today!

If the Boston consortium waits for the KY investment fund to put this part of the stock into the market, it is not impossible to take over the order, but it needs to avoid the supervision of the Federal Securities and Exchange Commission-oh, you will not buy back when others reduce their holdings , Waiting for others to put the stock into the circulation market before repurchasing it, this is against the rules!

Of course, the Boston consortium can find another institution to repurchase these stocks from the market, at worst, the board of directors will change the shareholder position. But then again, now KY Investment Fund is obviously going to have trouble with the Boston consortium. At this sensitive moment, who would dare to take such a big risk to buy back these stocks?

Everyone knows that KY investment funds can't afford to mess with them now. They have a huge amount of capital and are rich and willful. If you dare to buy them, they dare to smash them. They can lose money and smash them. Can you afford to lose hundreds of millions or even billions of dollars?

Therefore, this hand of KY Investment Fund can be called an absolute hand! Whoever dares to help the Boston consortium, first check to see if there is so much money in your wallet for you to lose!

Without that capital, don't get involved in this matter. This matter is a rift between KY Investment Fund and the Boston consortium, and no one can say it will work!

Isn't your Boston consortium Niubi? Don't you dare to attack our boss? Well, let's have an endless fight! Don't you boast that the Boston consortium is deeply entrenched? My KY investment fund is rich and powerful and can beat people to death with Franklin!

In fact, the market value of the stocks of these two companies owned by KY Investment Fund is only a few billion US dollars. There are many institutions in the United States that are capable of dealing with these stocks, but no one dares to offend KY Investment Fund now. Even the Federal Securities and Exchange Commission does not dare to judge KY investment funds too much.

The KY investment fund now controls a large number of stocks of 27 core companies in the United States, and also holds a large number of stocks of medium-sized companies. Once the KY investment fund is really pressed, they will stop playing. Starting to reduce the holdings of the shares in the world, it may be the second stock market crash.

Who can take this responsibility?

Not to mention the Republican candidate who currently holds an absolute lead in the presidential election, Vice President Bush also publicly stood up and said that he would severely punish the man behind the terrorist act against American Airlines Flight A152. Some members of the House of Representatives and the Senate also took a clear-cut stand on the side of Vice President Bush.

At the same time, the Mellon family, the Morgan family, the big names of the Texas consortium and the California consortium also issued statements condemning this unformed terrorist act. Anyone with a discerning eye can tell at a glance that these big families and consortia with terrifying financial resources are on the side of KY Investment Fund in this matter.

Although there is no evidence that the Boston consortium is behind this terrorist incident, does this kind of thing need evidence? Don't say that this matter was actually done behind your back, even if it wasn't for you, I would forcefully put a pot of shit on your head, what can you do to me?

Under such circumstances, who would dare to stand up and speak out for the Boston Consortium?

The Boston Consortium is not the Boston Consortium half a century ago. The current Boston Consortium is at its weakest time since the foundation of the consortium. With such a good opportunity, it would be strange if the other nine consortiums did not make trouble!

The Boston consortium does control a lot of capital, but most of it is real estate. In terms of cash reserves, the KY investment fund is half as far away as the Boston consortium in the Pacific Ocean.

The most important thing is that the KY Investment Fund made a high-profile move against the Boston Consortium. Those families and consortiums that have long wanted to get rid of the Boston Consortium, why can't they make good use of the extremely sharp gun of the KY Investment Fund?

Citibank, Bank of America, Bank of America, Mellon National Bank, these are the top four banks in the United States. Although the First National Bank of Boston is quite good, it is much inferior to these four banks. up. Especially when these four banks have long wanted to swallow the First National Bank of Boston, even if they eat the First National Bank of Boston, it will be a great improvement to their own strength.

So, when the four major banks teamed up and began secretly transfusing blood to the KY investment fund, who the hell would dare to confront the KY investment fund at this time?

Courting death is not such a way of courting death!

Although this incident was triggered by an unformed air crash, in essence, this is actually a cruel battle between emerging capital and established capital.

As an emerging capital, KY investment fund must kill an old capital and replace it if it wants to gain a firm foothold in the United States. The Boston consortium, which is already old and decrepit, is running into the physical strength. Strong KY investment fund is on the gun.

In fact, according to Yang Jing's plan, KY Investment Fund shouldn't have exposed its strength so early. Things started to go wrong.

Fighting early is fighting, fighting late is also fighting. Since this battle must be fought sooner or later, let's take advantage of the Boston consortium's lowest ebb period and teach them a profound lesson.

Taking a step back, even if the KY investment fund can't kill the Boston consortium, it can still make a voice belonging to the KY investment fund through this financial war, so that large families or large consortia across the United States must face up to this strong rising capital power.