The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 353: I know this question, just let it go
Speaking of who is the scariest person about Y[-]K.
Greenspan was the one who was scared to death of the Y[-]K bug.
Because he had just dealt with the impact of the Dongzhou financial crisis and the mess of Long-term Capital Management not long ago, he was still worried about the crisis.
He had not felt the crisis in technology and Internet stocks before, but after listening to Wang Lei's words, he felt panicked.
As a national currency manager, he naturally knew about the Y[-]K crisis.
Wang Lei’s words undoubtedly aggravated his fear of the Y[-]K bug.
He also had a premonition that the Y[-]K crisis would cause the collapse of technology and Internet stocks.
As a lover of letting loose, his method of dealing with crises is no better than any other trick.
Whenever there are signs of a sharp fall in the stock market, he will immediately cut interest rates and release funds.
果然在听了王磊的话后,在接下来的9月、10月和11月分别降息25个基点,将联邦基金利率由5.25%降至4.75%!
The effect was very good, and technology and Internet stocks started to soar like wild horses running wild.
But he failed to calculate one thing: enough money is needed to create a bubble.
When the water is full, it overflows!
At the same time, a big event happened in the beautiful country.
Microsoft's richest man, Gates, has not escaped the investigation of the antitrust panel.
But at this time, Gates had been the richest man for three years, and his state of mind had also undergone great changes.
Gates seemed arrogant in the face of antitrust charges filed by the judiciary and 19 states.
Nowadays, Microsoft, with a market value of nearly 4000 billion US dollars, is a behemoth. He knows very well that it is impossible for the government to dismember Microsoft.
No one can touch Microsoft.
So Gates, who is proud and arrogant, has his disdain written all over his face.
He did not even attend the trial in person for a long time.
Only participate in court hearings via video recording when you have to appear.
The court was angry and helpless at his condescending manner.
Microsoft intentionally blocked the news, but the public has not yet realized the consequences behind this.
……
one year later.
Wang Lei took Qi Xiaona's child Wang Duoxin for a walk on the Hollywood beach.
And the child’s mother was taking photos of the father and son.
It was already October, but the temperature at noon was still around 10 degrees.
Wang Duoxin has passed the most active time and is quietly watching the sea.
Wang Lei held the child with one hand and listened casually to the sound coming from the headphones.
"Lei, a federal judge will make a preliminary ruling on Microsoft early next month. According to our prior discussion, its business practices will constitute a monopoly. You should prepare early."
"Okay, thank you for your cooperation, Mr. President!"
After hanging up the phone, Wang Lei looked at the blue sea and was silent for a while.
Then he dialed Robert's phone number.
Robert couldn't wait to ask: "Boss, is there any news?"
"Yes, there will be a preliminary verdict from the federal court early next month."
"Then let's start taking action?"
"Yes, you should sell Microsoft's stocks first, and then start clearing out the stocks of other companies one after another."
Robert followed the order, and you could hear a tremor in his voice.
Yes, Microsoft's market value has reached 5000 billion US dollars, and it is the largest gathering place of funds for Cayman Capital and Wang Group. If we don't run now, it will be difficult to run away again when the public reacts.
He issued the same instruction to the investment director of Wang Group: clear out Microsoft stocks within a month!
The Federal Reserve's verdict against Microsoft was just a warning to the derailed technology and Internet stocks, but in Wang Lei's view, this warning came a bit late.
However, this is only a preliminary trial, and Wang Lei still has time to evacuate.
When word comes in April next year that Microsoft is officially going to be split up, it will be a real disaster.
In the next few months, the IT industry will evaporate 5 trillion US dollars!
"Dad, I've thought about a birthday present."
Wang Duoxin's voice interrupted Wang Lei's contemplation.
"What gift do you want me to give you?"
"I want a big island with a private beach."
Qi Xiaona snickered secretly from the side:
"Duoxin, your birthday wish is much more reliable than last year's."
Wang Duoxin's birthday wish every year is to raise a water monster.
In order to fulfill his child's wish, he mobilized several scientific expedition teams to conduct an investigation of Loch Ness.
The result is naturally empty-handed.
This year's wish may sound unrealistic to ordinary people, but it is not a problem for Wang Lei.
Wang Lei, who responded to Wang Duoxin's every request, would naturally not be stingy with his eldest son.
He immediately made a call to the person in charge of Wang Real Estate and asked him to look for islands suitable for purchase.
"The natural scenery must be good, suitable for living, and the most important thing is safety. The budget should be within US$10 billion."
After hearing the needs of the young boss, the senior migrant worker immediately found a partner of his choice. He took the map handed over by his subordinate and said:
"Boss, Lanai is the sixth largest island in Hawaii, also known as Treasure Island. It was used to grow pineapples. The latest inquiry was US$6 million."
The other party sent the detailed information to Wang Lei's email address.
It is only 60 miles away from the famous Honolulu and covers an area of 365 square kilometers.
What satisfies Wang Lei most is that it has 75 kilometers of coastline and less rainfall.
"Boss, we have inspected Lanai before and we can definitely build 18 beautiful beaches and turn it into a tourist destination!"
Wang Lei was very satisfied after hearing this, but he did not want to open it to the outside world after buying Treasure Island.
"Buy him, I will make it a private island!"
"Private island?"
The other party secretly felt that it was a pity. If Treasure Island was handed over to him, it would be enough for the Wang family to develop an extra cultural and tourism project that would make a lot of money every day.
"Dad, I want to build a castle on the island, bigger than the one at Disney, and I want to build a large amusement park..."
Wang Lei directly turned on the public phone number, and the senior migrant worker on the other end of the phone hurriedly wrote down all the young master's requests.
The more I listened, the more frightened I became. If I followed the young master's request, it would cost at least a budget of 20 billion US dollars. Isn't it a bit extravagant?
"Just change it according to Duoxin's request. If the money is needed, it will be deducted directly from the company's account."
The worker couldn't help but ask one more question:
"What if Mr. Wang asks?"
"Just say it was a birthday present for his grandson."
Don't blame the other party for being talkative. Wang's Real Estate has been expanding rapidly in North America recently, and its debts in banks have been increasing, reaching a very scary figure.
Many company elders are trying to persuade the two CEOs to be more insurance-savvy in their investments.
But both of them turned a deaf ear to this, and some outsiders were frightened for the Wang family and his son.
Once Wang's Real Estate collapses, it will be a big shock to the global real estate industry.
The reason why the father and son are so unscrupulous is that their confidence comes from technology and Internet stocks. They mortgaged the stocks of technology and Internet companies to major banks in the world.
In exchange for a large amount of working capital, invest it in real estate.
Greenspan was the one who was scared to death of the Y[-]K bug.
Because he had just dealt with the impact of the Dongzhou financial crisis and the mess of Long-term Capital Management not long ago, he was still worried about the crisis.
He had not felt the crisis in technology and Internet stocks before, but after listening to Wang Lei's words, he felt panicked.
As a national currency manager, he naturally knew about the Y[-]K crisis.
Wang Lei’s words undoubtedly aggravated his fear of the Y[-]K bug.
He also had a premonition that the Y[-]K crisis would cause the collapse of technology and Internet stocks.
As a lover of letting loose, his method of dealing with crises is no better than any other trick.
Whenever there are signs of a sharp fall in the stock market, he will immediately cut interest rates and release funds.
果然在听了王磊的话后,在接下来的9月、10月和11月分别降息25个基点,将联邦基金利率由5.25%降至4.75%!
The effect was very good, and technology and Internet stocks started to soar like wild horses running wild.
But he failed to calculate one thing: enough money is needed to create a bubble.
When the water is full, it overflows!
At the same time, a big event happened in the beautiful country.
Microsoft's richest man, Gates, has not escaped the investigation of the antitrust panel.
But at this time, Gates had been the richest man for three years, and his state of mind had also undergone great changes.
Gates seemed arrogant in the face of antitrust charges filed by the judiciary and 19 states.
Nowadays, Microsoft, with a market value of nearly 4000 billion US dollars, is a behemoth. He knows very well that it is impossible for the government to dismember Microsoft.
No one can touch Microsoft.
So Gates, who is proud and arrogant, has his disdain written all over his face.
He did not even attend the trial in person for a long time.
Only participate in court hearings via video recording when you have to appear.
The court was angry and helpless at his condescending manner.
Microsoft intentionally blocked the news, but the public has not yet realized the consequences behind this.
……
one year later.
Wang Lei took Qi Xiaona's child Wang Duoxin for a walk on the Hollywood beach.
And the child’s mother was taking photos of the father and son.
It was already October, but the temperature at noon was still around 10 degrees.
Wang Duoxin has passed the most active time and is quietly watching the sea.
Wang Lei held the child with one hand and listened casually to the sound coming from the headphones.
"Lei, a federal judge will make a preliminary ruling on Microsoft early next month. According to our prior discussion, its business practices will constitute a monopoly. You should prepare early."
"Okay, thank you for your cooperation, Mr. President!"
After hanging up the phone, Wang Lei looked at the blue sea and was silent for a while.
Then he dialed Robert's phone number.
Robert couldn't wait to ask: "Boss, is there any news?"
"Yes, there will be a preliminary verdict from the federal court early next month."
"Then let's start taking action?"
"Yes, you should sell Microsoft's stocks first, and then start clearing out the stocks of other companies one after another."
Robert followed the order, and you could hear a tremor in his voice.
Yes, Microsoft's market value has reached 5000 billion US dollars, and it is the largest gathering place of funds for Cayman Capital and Wang Group. If we don't run now, it will be difficult to run away again when the public reacts.
He issued the same instruction to the investment director of Wang Group: clear out Microsoft stocks within a month!
The Federal Reserve's verdict against Microsoft was just a warning to the derailed technology and Internet stocks, but in Wang Lei's view, this warning came a bit late.
However, this is only a preliminary trial, and Wang Lei still has time to evacuate.
When word comes in April next year that Microsoft is officially going to be split up, it will be a real disaster.
In the next few months, the IT industry will evaporate 5 trillion US dollars!
"Dad, I've thought about a birthday present."
Wang Duoxin's voice interrupted Wang Lei's contemplation.
"What gift do you want me to give you?"
"I want a big island with a private beach."
Qi Xiaona snickered secretly from the side:
"Duoxin, your birthday wish is much more reliable than last year's."
Wang Duoxin's birthday wish every year is to raise a water monster.
In order to fulfill his child's wish, he mobilized several scientific expedition teams to conduct an investigation of Loch Ness.
The result is naturally empty-handed.
This year's wish may sound unrealistic to ordinary people, but it is not a problem for Wang Lei.
Wang Lei, who responded to Wang Duoxin's every request, would naturally not be stingy with his eldest son.
He immediately made a call to the person in charge of Wang Real Estate and asked him to look for islands suitable for purchase.
"The natural scenery must be good, suitable for living, and the most important thing is safety. The budget should be within US$10 billion."
After hearing the needs of the young boss, the senior migrant worker immediately found a partner of his choice. He took the map handed over by his subordinate and said:
"Boss, Lanai is the sixth largest island in Hawaii, also known as Treasure Island. It was used to grow pineapples. The latest inquiry was US$6 million."
The other party sent the detailed information to Wang Lei's email address.
It is only 60 miles away from the famous Honolulu and covers an area of 365 square kilometers.
What satisfies Wang Lei most is that it has 75 kilometers of coastline and less rainfall.
"Boss, we have inspected Lanai before and we can definitely build 18 beautiful beaches and turn it into a tourist destination!"
Wang Lei was very satisfied after hearing this, but he did not want to open it to the outside world after buying Treasure Island.
"Buy him, I will make it a private island!"
"Private island?"
The other party secretly felt that it was a pity. If Treasure Island was handed over to him, it would be enough for the Wang family to develop an extra cultural and tourism project that would make a lot of money every day.
"Dad, I want to build a castle on the island, bigger than the one at Disney, and I want to build a large amusement park..."
Wang Lei directly turned on the public phone number, and the senior migrant worker on the other end of the phone hurriedly wrote down all the young master's requests.
The more I listened, the more frightened I became. If I followed the young master's request, it would cost at least a budget of 20 billion US dollars. Isn't it a bit extravagant?
"Just change it according to Duoxin's request. If the money is needed, it will be deducted directly from the company's account."
The worker couldn't help but ask one more question:
"What if Mr. Wang asks?"
"Just say it was a birthday present for his grandson."
Don't blame the other party for being talkative. Wang's Real Estate has been expanding rapidly in North America recently, and its debts in banks have been increasing, reaching a very scary figure.
Many company elders are trying to persuade the two CEOs to be more insurance-savvy in their investments.
But both of them turned a deaf ear to this, and some outsiders were frightened for the Wang family and his son.
Once Wang's Real Estate collapses, it will be a big shock to the global real estate industry.
The reason why the father and son are so unscrupulous is that their confidence comes from technology and Internet stocks. They mortgaged the stocks of technology and Internet companies to major banks in the world.
In exchange for a large amount of working capital, invest it in real estate.
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