Society owes me a brother

In the next month, Lu Chi thoroughly felt what a feast of capital is. The stock price of AK Telecom fell from the highest point of 126.7M to around 40M.

Under such circumstances, AK Telecom finally admitted that AK Telecom had suffered a huge loss due to poor management when it announced its financial statements for the first quarter of 2002 in April 4.And held a press conference for the resignation of the CEO of AK Telecom.

On the second day after AK Telecom released its financial statements, the China Securities Regulatory Commission, which has been keeping a low profile, also made its first public statement—requiring AK Telecom to elaborate and explain the details of the company's operations and certain merger and acquisition financing transactions.At the same time, the China Securities Regulatory Commission also found AK Telecom's board of directors and middle and high-level managers to have a conversation - including the former CEO who had taken the blame and resigned.Shortly after the first round of conversations ended, the China Securities Regulatory Commission held a press conference, announcing a formal investigation into AK Telecom and its cooperative companies that had connected transactions with AK Telecom.

Seeing that AK Telecom was entangled in lawsuits, M country TR Automobile Company, which had previously announced its entry into the field of new energy vehicles jointly with AK Telecom, immediately held a press conference and unilaterally announced the suspension of the cooperation plan.As for when the cooperation plan will be restarted, TR Auto stated very frankly that at least it will have to wait until the investigation by the China Securities Regulatory Commission is over.

If the official intervention of the China Securities Regulatory Commission has made the situation of AK Telecom even worse, then the retreat of TR Automobile has almost become the last straw that overwhelmed the camel——

After this wave of strong bad news spread, another wave of panic broke out in the financial market of country M.Ordinary shareholders and investors who have been paying attention to AK Telecom's market have started a new round of selling.However, not many people took orders in the market.Most of the bears agree with Eric Assets and Lu Chi - they want to wait for AK Telecom's share price to continue to fall.Some people even have the ambition to buy the bottom.

Facing the ambitious encirclement and suppression by the short sellers, AK Telecom also started its final struggle when there was no way out - the newly appointed CEO approached the current chairman of Locke Assets and wanted to mortgage the assets to him. Locke Assets borrowed tens of billions of gold for the purpose of acquiring tradable shares in the market and showing the public the confidence of the board of directors of AK Telecom, so as to achieve the purpose of stabilizing the stock price and squeezing short.

As the world's largest energy company, AK Telecom's resources with the highest quality assets are undoubtedly several oil mines located in the Middle East.The Locke family also started with oil.As the two giants in the oil field, the Locke family certainly knows how rich the resources of several oil minerals under AK Telecom are.If it is in normal times, let alone tens of billions of gold, even if it is doubled ten times, AK Telecom will never consider pledging such high-quality assets.

However, the reality now is that AK Telecom is facing a situation where bears are devouring elephants. If they do not have sufficient funds for capital operations, they will face bankruptcy.

Therefore, under the leadership of the patriarch Old Locke, the Locke family started the "looting" mode-after a short but intense negotiation, Locke Assets reached an agreement with AK Telecom, and accepted the credit line of 85 billion gold for two companies under AK Telecom. Mortgage of assets in oil mines.

Then, after seeing Lu Chi's subtle manipulative methods, the managers of the Locke family discussed, and finally the old Locke stepped forward to lend Matthew Locke 20 billion M gold in the name of the family-used to add horses. Schullock's short-selling funds against AK Telecom.

Matthew Locke changed hands and handed over the money to Lu Chi.

When Lu Chi accepted the money, he also learned about the Locke family's behavior from Matthew.Faced with this kind of taking advantage of his illness to take his life without any principle and bottom line, Lu Chi was quite speechless.

From this, I also deeply realized the bottom line of capitalists-as expected, there is no bottom line.

When discussing this matter with Yue Bin at home, Lu Chi said with special emotion: "...while lowering the price and accepting the asset mortgage of AK Telecom, at the same time contributing funds to support the short-selling plan of the short sellers, Matthew and his family are playing the game with one hand. It's cruel enough!"

Sprinkling bait while bleeding, cooperating with AK Telecom's busy work inside and out, it has helped the Locke family earn a lot of money.The profit margin of this entry and exit is estimated to be higher than those of their hedge funds that are committed to shorting AK Telecom.

The most important thing is that before this, the Locke family and AK Telecom were still business allies.It is said that the old Locke has a very good personal relationship with the largest shareholder of AK Telecom. Both of them are Stanford alumni of the same class. They often go to the same club to play golf, and occasionally bring their families to have dinner together on weekends.

In such a close relationship, it is unbelievable in Lu Chi's view that the knife can be inserted as soon as it is said, and it is so crisp and artistic.

Hearing this, Yue Bin commented, "It's very normal for capital to pursue profit. And as far as I know, Old Locke and the major shareholder of AK Telecom may not have a really close personal relationship."

Speaking of this, Yue Bin blinked at Lu Chi, and said gossipingly: "I heard that. Back then, AK Telecom and ROC participated in the bidding for oil mines in the Middle East. The price of AK Telecom was only lower than that of ROC. The oil was 1000 million more. It is said that AK Telecom hired commercial spies and peeked at ROC’s bidding document the day before the bidding. At that time, the old Roke was not the owner of the Roke family, and because of this incident, he was almost disqualified as the heir.” And the major shareholder successfully entered the board of directors because of his merits in bidding for the oil mine, and then started the model of a winner in life.

So these two people may not be as good as outsiders think.It is estimated that the face and the heart are at odds.When there are common interests, I don't mind partnering to make money. If there is a chance to make trouble, I probably won't hesitate.

Lu Chi, who has been busy collecting information and learning professional courses to operate the website and now adds a short-selling trader, doesn't know these old materials.Hearing Yue Bin's gossip, he couldn't help feeling a little embarrassed.

Yue Bin smiled and said, "Interests come first. That's why there is a saying on Wall Street—on Wall Street, if you want to make a real friend, you might as well get a dog."

Lu Chi didn't know what he thought of, and his mood was a little depressed.

Seeing this, Yue Bin immediately said cautiously: "...How about we raise a dog too?"

Lu Chi: "..."

As soon as Yue Bin said that, he also realized his brain twitch.Immediately he laughed and said: "I just said it casually, the two of us study and go to work every day, how can we have time to raise a dog?"

"Besides, you will never have no friends. You have me—" Yue Bin thought for a while, and added unwillingly: "There are also Zhang Yang and Xing Yuan. No matter what happens, everyone will stand by your side of."

Lu Chi smiled when he heard the words. He was sitting on the sofa looking at the computer. Hearing this, he put the computer on the coffee table and said, "Shall we go out to eat at night?"

Yue Bin: "???"

Yue Bin: "...Aren't you going to collect the materials for tomorrow's class and also endorse them?"

"Suddenly I don't want to learn anymore." Lu Chi said with a smile: "Didn't you say before that you want to watch a basketball game? Let's have dinner first, and then find a place to watch the game."

Yue Bin originally wanted to say that he could cook dinner, and he had already prepared the ingredients for the evening.Hearing Lu Chi's words, he suddenly jumped up and stood up from the sofa: "No problem, I'll change my clothes now. By the way, do you still want to watch a movie after the game? I know there is a new movie released recently. The Hollywood blockbusters are fantastic. Two-thirds of the students at the school have seen them."

Lu Chi also stood up: "Then go."

Not only do you have to eat out, watch football games, watch movies, but you can also watch a DVD with Yue Bin when you come back—the last time you watched a DVD, you forced Yue Bin to memorize materials, and the schoolmates had a lot of opinions.Just to make up for it.

When Yue Bin heard Lu Chi's arrangement, he was so excited that he wanted to run around the room.

Seeing this, Lu Chi was also very happy.Anyway, he suddenly didn't want to work so hard today.

It's also good to relax once in a while.

Anyway, I made so much money!

Instead of becoming a robot that only makes money, it’s better to learn to enjoy life with friends—you can’t really learn from those Wall Street bigwigs in a few years and raise a dog alone!