Reinventing the Millennium.

Chapter 1027 Overturning the Ruling (4K)

Fang Zhuo knew what Auniu was doing in an informal interview.

From last month to now, including Summers, have contributed a lot of heat to the discussion of patent disputes. The intensive patent litigation of smartphones last year continued and broke out into a melee this year.

The top ten manufacturers in the industry are more or less involved in lawsuits, and the presence of giants like Microsoft is even more noticeable. The Yike short-squeeze event that attracted global attention in April not only shocked the financial circle, but also caused public opinion against patent trolls.

This is the industry development card put forward by our own side. As for the financial supervision card that Aonixin put forward, which also conforms to the background of the times, both are to strengthen the rationality of the official document.

After all, this official document is related to the violent fluctuations of tens of billions of dollars.

On the way back to Shencheng from Luzhou, although they were still in the same car, Fang Zhuo and Philip lost interest in communicating. They were looking forward to the final explosion together.

The end of Saturday, Eastern time, is no surprise to everyone. The retail investors that can be seen now have lost their positions, lost the public opinion foundation of mass fanaticism, and returned to simple judgments—the stock price of YIKE is about to collapse. !
It doesn't matter whether the original crash or not, the biggest purpose is to be able to take revenge on the organization, the problem is... If I can guarantee not to run now, can other people not run when they see this situation?Instead of letting others run, run first!
At 8 o'clock on Sunday night in Huaxia, Fang Zhuo talked about such a prisoner's dilemma in a call with Kong Yu.

Not only retail investors, but also some small and medium-sized institutions that took advantage of the rising market.

Kong Yu has an institutional vest. From yesterday to today, the message conveyed by the vest is that all the small and medium-sized institutions that can be reached in this round of long positions have a resolute attitude. They will never run away, and they will definitely continue to hold together. go down! YIKE's share price can achieve another glory!

The firmer this attitude is, the more you have to listen in reverse.

Make a fortune with a muffled voice, and persuade leeks loudly.

"Mr. Fang, I heard from Lu Peining that the SEC is planning to sue Goldman Sachs and more than a dozen banks, and the committee members are fighting fiercely over this matter." Kong Yu can feel the widespread calls for financial regulatory reform in Washington.

"This is a game that affects the entire industry. We are Xiaoxiami, and we just let Ao Niu take advantage of the situation." Fang Zhuo was calm in Shencheng, but he could imagine the turbulent waves on the other side of the ocean.

Next month, Goldman Sachs, Morgan Stanley, Bank of America, and BB&T were ordered to return the TARP Troubled Asset Relief Fund, which has a cash scale of up to 600 billion US dollars.

By the end of the year, TARP still has at least hundreds of billions of dollars to recover.

"The relationship between Washington and Wall Street is becoming increasingly tense." Kong Yu said his observations.

From New York to Washington, especially in contact with Lu Peining and others for many days, he has a new feeling that he has never had before, and a new perspective on financial cognition.

Before Auniu was not Auniu, Goldman Sachs and other forces were his great help, and now under the general trend, he has to play games with him. The big one is industry regulation, and the small one is... since this week, there have been two Goldman Sachs economic experts Get out of the white house.

Fang Zhuo gave important instructions: "So, we must do small things well."

Customers have to be busy with many big things, and the small things should be perfect as much as possible. If you have small things, you can talk about big things.

Dual time zone fighters are back online, paying attention to the movements of institutions, retail investors, and the media.

The behavior of retail investors grouping together to squeeze short positions is very cool and trendy, but the ending of disintegration is also an argument that has gained mainstream support this week. Now, it has finally arrived as promised, which makes people somewhat inexplicably regrettable.

The excitement ended, and the price of the short squeeze was finally borne by Yike, which stirred up the situation.

Sunday in the US Eastern Time was spent in a dull manner. The head of Yike, which has attracted much attention, did not speak out again. The practice of opening an altar.

The tragic situation of the last round of short squeeze still has a shadow today, and this time the king of retail investors is also in a cold sweat because of his ingenuity.

However, in ancient times, there was a prime minister who fell into Wuzhangyuan, and on Monday, Fang Zongbing was defeated and forced to be empty.

There is still one hour before New York opens at 9:1 a.m. on Monday, and it is 8:[-] p.m. on Monday night in Shencheng.

Fang Zhuo quietly waited for the birth of the news at Hang Lung 23.

Lu Peining finally put the veto on today.

Twitter’s data has not been moved yet, Freetrade has been censored, Go die and other websites have suspended their services, and even because of the changes in the past two days, Yike’s large and small partners in the United States have also shown unstable performance.

The phone on the table vibrated.

Another unknown number from the United States.

Fang Zhuo is used to this kind of call pattern, and he reckons that in a few years there may be a scam call.

"In half an hour, Trade Representative Froman will hold a press conference in the East Wing office." Lu Peining was not aggressive on the phone this time, and stated calmly and straightforwardly, "Apple also organized a press conference for the office. Lobbying vigorously, this would be the first overturn of an ITC ruling since 1987."

Then, his voice paused for a while, and he had to say regretfully: "Because of Apple's actions, the press conference had to..."

Fang Zhuo frowned, is there any change?
"I have to talk about Apple first, then Yike." Lu Peining didn't hear Mr. Fang's response, thinking he had misunderstood his joke, and added, "Leave Apple 9 minutes for the press conference, but only Yike 1 Minutes."

"You, you, I'm so nervous here." Fang Zhuo took out a document, leaned back, put his legs on the table, and scanned the latest investment data of the service alliance while answering the phone.

"Hey, Mr. Fang, the SEC will pass the 'Economy Regulations' within this week, completely changing the temporary ban on naked short selling to a permanent ban." Lu Peining mentioned that there was a voice last month.

This is a measure related to financial derivatives under the financial regulatory reform.

Fang Zhuo doesn't mind leaving traces in this way, but how long will this enhanced supervision last, five years or ten years?

Lu Peining said seriously again: "Yesterday, I talked with him about the public sentiment reflected in the short squeeze by retail investors, and he also recognized it. In this way, the value of assets can be increased so much at one time, which shows that there is a real need to strengthen supervision."

Fang Zhuo is not sure if this is a joke.

Ao Niu: Because I earn so much at once, there must be a serious problem with financial regulation.

This way of thinking is correct...

Public to public, private to private...

Lu Peining continued: "The next period of time will focus on the regulatory game, and I don't know if there is similar experience in Europe that can be compared."

Fang Zhuo followed the good example: "Then let Mr. Kong come back and rest for a while, and then go to Europe to see the difference in the financial field. After all, he is a front-line worker, and he can always have a deeper understanding."

Lu Peining immediately smiled and said, "Mr. Fang, you have to pay Mr. Kong more salary quickly, otherwise, there may be a salary limit order for Wall Street executives this year."

These are reform measures currently under consideration.

Lu Peining finally asked a question: "President Fang, when will you come to the United States?"

Fang Zhuo did not shirk this time, and sincerely expressed his worries: "It depends on when things will calm down. I am a person who loves live development conferences. This time I can only release them online. It is a pity .”

"In this regard, Summers and Carlyle will talk about it after the event." Lu Peining is not a person who cares about everything, especially, the funds of the MIGA department are so tossing, it is hard to put it down. "The disposal of MIGA's non-performing assets also requires Let’s talk again, in fact, it’s better for you to come here, don’t worry about safety.”

Lu Peining believes that it is possible to expand the shareholder scale of MIGA Fund's disposal of non-performing assets, which not only increases the required disposal funds, but also eases the tension and speeds up the financial recovery. This is not a win-win, what is a win-win?

In addition to this aspect, there are still many ways to repair the relationship between each other. Strengthening supervision belongs to strengthening supervision.

He also comforted: "Besides, I heard that John Paulson kept shorting Yike this time and attracted a large amount of funds, but secretly used Freetrade to do long Yike? His behavior is even more infuriating. , will be the focus."

This is from Freetrade's internal data, and it is the identity information retrieved by Kong Yu last night in response to the SEC review request. It is indeed a transaction of the "king of short selling".

Even Fang Zhuo... suddenly had nothing to say.

He slowed down for a few seconds and remained cautious: "Let's see the situation after today is over."

Judging from Lu Peining's arrangement, Summers, who was used by the Carlyle Group to persuade him last time, has changed direction this time. He is going to ease Carlyle, and there will be a series of interest exchanges. no problem.

Lu Peining and the others can have an after-sales warranty, so the money is not in vain.

"Okay, Mr. Fang, let's wait for the press conference first. Twitter will also check the data migration situation today. It's best to restore it during the day." Lu Peining did not forget to care about retail investors.

Fang Zhuo put the phone on the table and went through the content of the call in his mind.

Just as he picked up the file again, the intercom phone on the desk rang. It was Philip who wanted to come to the president's office.

Fang Zhuo agreed, and soon Philip opened the door with a calm expression.

"Philip, when are you going back to the United States?" Fang Zhuo motioned for this friend to make tea or coffee by himself, and then said, "You go back this time and bring back the guy who broke the news that your Goldman Sachs broke the law. I'm not a problem here."

After the last round of short squeeze, there was Mount who was stranded in Yike. He accused Goldman Sachs of breaking the law in front of the global audience. Fang Zhuo had already transferred the evidence in his hands to the SEC, but Mount has been unwilling to go back. Just at Hang Lung 23.

In the past few months, Mount has become acquainted with people at Yi Ke's level, and has been bestowed with the nicknames "Bankrupt Mount" and "Brave Mount".

Philip frowned and promised, "I'll find someone to deal with it."

He didn't make coffee, and saw the table in front of Mr. Fang full of documents, and said sincerely: "Mr. Fang, even if Yike suffers setbacks, your other companies will still succeed."

Fang Zhuo smiled slightly: "Philip, Yike still has the Huaxia market."

"There is only the Chinese market." Philip said with certainty, and persuaded again, "But Bingxin now has many global customers. Its potential is not inferior to Yike, and its listing prospects are far superior to SMIC."

"I also hope that Ice Core will be better, and Ice Core will need a lot of help from Goldman Sachs in the future." Fang Zhuo has a good attitude, "As for the others, business is always cooperative and competitive. I don't really blame you in my heart."

Philip's respect was born spontaneously.

Look at Mr. Fang's demeanor!

He is indeed the second best president in the world!

This time it was only a non-war crime, and the financial means of Yike, a mobile phone company, were already quite amazing.

However, off-site means are also means, and things can never be isolated and static only at the financial level.

Philip sighed: "Mr. Fang, I don't know what other people think. Even if Goldman Sachs suffered a run last month, I think it's normal market behavior. I admire you and don't blame you."

Fang Zhuo couldn't help laughing: "Nonsense, you Goldman Sachs made some money in the last round, why blame me?"

Only then did Philip sit down: "That's what it means. I admire Mr. Fang very much."

"Business competition has always been ruthless. Hey, forget it, let's shake hands." Fang Zhuo didn't intend to get up, but stretched out his right hand. If he doesn't shake it now, he might not be able to hold it in the future.

Philip got up quickly, and it was strange that Mr. Fang still put his legs on the table at this time, and changed himself. This would probably make him hysterical.

The two shook hands sympathetically.

Philip admired Mr. Fang's demeanor.

Fang Zhuo also... also admired the professionalism of Goldman Sachs represented by Philip.

However, just as Philip was about to sit down again, the phone in his pocket vibrated wildly.

Philip took out his mobile phone, and his heart beat faster for some reason. He pressed the answer button and received the latest news from his American colleague.

"Froman, on behalf of the White House, overturned the ITC's ban on Apple and Yike! Overturned! The ban was overturned!!"

Philip froze.

what?
Ah!
He subconsciously looked at Mr. Fang behind the desk, and repeated the latest news: "ITC's ban on Apple and Yike has been overturned..."

Fang Zhuo was stunned for a moment, then suddenly jumped up from his seat, and asked loudly in surprise, "What? What did you say? What overturned? I didn't hear clearly!"

Philip repeated subconsciously again.

"Ah? Overturned? Apple and Yike? I said it a long time ago, I said it a long time ago! Nokia is a patent troll, hindering the development of the industry! I said it a long time ago, right!" Fang Zhuo gritted his teeth. , raised his arms and shouted.

This is a just subversion that is conducive to the development of the industry!
Philip watched the scene in the president's office, and finally recalled the news from the United States in his mind.

He was holding the phone tightly, looking at Mr. Fang with an agitated expression, a sentence suddenly came to his mind involuntarily.

Stop pretending!
I don't know what's going on, but, Mr. Fang, stop pretending!
(End of this chapter)