Reborn Tech Maniac

Chapter 982 Teaching Wall Street Reason

……

Everyone understands that the stock market is risky and should be cautious when entering the market; but everyone believes that he is the luckiest gambler.

Everyone knows that cyclical ups and downs are an unchanging law; but everyone thinks that they are smart enough to find the peak of the turn from high to low.

Since July [-], when the Nasdaq hit the [-]-point mark, the time it takes to cross each milestone has become shorter and shorter.

In this bullish environment, people seem to have forgotten the existence of danger.

Now comes the bloody lesson.

Entering April, the Nasdaq has lost a third of its value, with no end in sight.

The analysts who talked lotus are no longer advocating anything, and the stock market is undergoing a correction.

began to appear. The closure of the COM company and the unemployment of its employees made the tacit joy of "the insurmountable Tang Dashan has been removed" disappear.

Keen leaders in the IT industry are somewhat alarmed to find that companies that have been fooled into spending countless money in order to survive the "Year [-] Bug" are like overindulging in spending on IT applications, and they can no longer lift their spirits .

Those hardware manufacturers who have enjoyed dividends from the Internet wave have found that servers and routers can no longer be sold; the accounts receivable formed by promotions that stimulated consumption and competed for market share before will not come back.

Some seasoned CEOs.Can't help secretly wondering if a new round of economic cycle is coming.

With this doubt, many people came to this year's Zheru Spring Developers Conference, hoping to find some kind of inspiration from Tang Huan's wonderful speeches.

Unfortunately, they are doomed to be disappointed.

As expected, Tang Huan kept his word and took the initiative to weaken his influence in the IT field and did not show up at this Zheru Spring Developer Conference.

seems to be subject to. Influenced by the bursting of the COM bubble, this year's Zheru Spring Developers Conference did not have any amazing themes that make people shine.

Not seeing Tang Huan slamming Fang Qiu calmly, all the participants began to feel dull, and couldn't help asking questions: Is it like this in the post-IT era without Tang?
People who are getting more and more lost, and even feel the crisis in this industry, have asked about Tang Huan's whereabouts, hoping that this Silicon Valley leader who has voluntarily stepped down will at least appear at the closing ceremony of this year's Zheru Spring Developers Conference.

Unfortunately, what awaited them was yet another disappointment.

"Don just left for New York," said Brad Swahlberg, chief executive of Zheru Software.

……

． The bursting of the COM bubble has caused countless followers and smart people, ordinary investors and large institutions to fall into the pit, and all kinds of troubles have arisen as a result.

For example, there have been examples of large institutions trying to fool ordinary investors who hold shares in Internet companies with which they are closely related to not to sell, resulting in heavy losses for the other party.

As for the large institutions that also suffered heavy losses.I also need to find regret medicine, and Tang Huan was forced to conduct three joint trials.

After Silicon Valley One landed at LaGuardia Airport in New York, Hugh Michael, chairman and CEO of Bank of America, walked up to Tang Huan quickly and said with a heavy face, "They agreed to meet at the Federal Reserve Bank of New York."

Tang Huan nodded indifferently, "It's a very formal place."

Hugh Michael smiled wryly, and then accompanied Tang Huan into the car.

The Federal Reserve Bank of the United States is a secretive system, and among the twelve Federal Reserve Districts under it, the Federal Reserve Banks in New York, Chicago, and San Francisco have the most assets.The combined assets of the three companies account for more than 50.00% of the assets of the entire US Federal Reserve banking system.

Among them, the Federal Reserve Bank of New York has the most assets, accounting for more than 30.00% of the assets of the entire US Federal Reserve banking system.

It goes without saying that the Federal Reserve Bank of New York is the most important Federal Reserve Bank, which also illustrates the power of traditional capital on the east coast of the United States.

Tang Huan, whose net worth has shrunk severely to more than 500 billion US dollars, but was still recognized as the richest man in the world by Forbes not long ago, finally got out of the car at the headquarters of the Federal Reserve Bank of New York, in front of the Federal Reserve Bank of New York building.

This building is not high, with only [-] floors on the ground, but it occupies a block, and the underground is a world-famous vault, storing gold from all over the world, thus demonstrating the incomparably special international status of the United States.

Warren Buffett, who had just been identified by Forbes magazine as having a net worth of more than 300 billion U.S. dollars and second on the list of the world's billionaires, greeted the car and said in a low voice, "Don, you have to prepare for the worst."

Tang Huan smiled, "How bad can it be?"

Warren Buffett shrugged, "It's not obvious. You sold more than 2000 billion US dollars of shares in IT companies, and the major banks on the east coast jointly bought them. Now technology stocks have plummeted. Such a big hole is simply a disaster. Disaster."

As the richest man walked forward, he said disdainfully: "They have always wanted to control Silicon Valley. I have already cooperated. Now that the stock price has fallen, what does it have to do with me?"

Warren Buffett adjusted his glasses, and was speechless for a moment.

Tang Huan couldn't help but be ignorant of the fact that the old man came to greet him.So he said sincerely: "Old friend, no matter what happens in a while, I will believe in you."

Soon, the three came to the meeting room on the tenth floor.

Tang Huan opened the door casually, and there was a crowd inside.

William Harrison, Chairman and CEO of JP Morgan, Sanford Weir, Chairman and CEO of Citigroup, Pei Xiliang, Chairman and CEO of Morgan Stanley, Henry Paul, Chairman and CEO of Goldman Sachs Nelson, Lehman Brothers Chairman and CEO Richard Fuld, Merrill Lynch Chairman and CEO David Komansky...

All in all, Wall Street bigwigs gather here, so many people even make folding chairs.

Afterwards, the atmosphere in the meeting room was very depressing, and even had an unpleasant smell faintly.

Under the pressure coming from his face, Mr. Richest Man glanced at the three empty seats and asked calmly, "Where should I sit?"

William Harrison waved his hand vigorously, "You are the protagonist today, of course you sit in the middle."

Tang Huan said without moving, "I'm not used to folding chairs!"

William Harrison just stared at the expressionless face of the richest man, without speaking.

Henry Paulson stood up and smoothed things over: "Don, I'll give you my chair."

"Thank you, no need." Tang Huan walked over, sat down, and said casually: "Anyway, I'm still young, so it doesn't matter if I endure a hard time."

William Harrison frowned and said: "Young man, you are really not simple. In this stock market crash, everyone vomited blood, only you made a lot of money."

"It's been a long time since I've sat on a folding chair. It's quite convenient to sit on it once suddenly. But it's been a long time since I've heard someone call me 'young man'. It's awkward and ridiculous to hear it once." The richest man said leisurely: "With so many people present, you are the only one rushing to speak. Does that mean you have been elected as a representative? If so, then I suggest you correct your attitude."

William Harrison, whose face was darkened, sneered, "It really is rich and powerful!"

"I've said it before, please correct your attitude so as to save each other's time." Tang Huan frowned and said, "I don't think you don't understand that you insisted on calling me here to discuss and ask me to share your burden." Loss itself is a very ridiculous thing."

Sanford Will answered, "Don, since we've talked, let's talk about the terms directly."

"Obviously, in this stock market crash, we have stumbled, and you must compensate us. Otherwise, Wall Street will collapse."

"I have sold out the shares, do I still need to provide after-sales service?" Mr. Richest Man sarcastically said, "According to this logic, I need to return the $2000 billion?"

Pei Xiliang said with a smile that was not a smile: "If Tang feels embarrassed, he can use the shares of Zheru Group to offset it."

Sanford Will nodded, "Indeed, this should be the most satisfactory solution for all parties."

"Everyone, can you not be joking?" This time it was Tang Huan's turn to turn dark, and he complained sullenly: "The shares you bought from me, including Fangyuan, Zheru Software, etc., are all worthless. Extremely excellent. Although the general situation is that technology stocks have collapsed, they are not like those illusory concept stocks, and they all have their own real commercial value."

William Harrison snorted, "But the price we paid is too high."

His eyes flicked over everyone's face, and after seeing indifferent eyes, Mr. Richest Man's face completely turned cold.

"I understand: you are not even as good as the wolves, the wolves can still be fed, but your desires can never be filled; you are not as good as the bastards, the bastards really don't understand the reason, but you are deliberately being reasonable Go to sleep."

William Harrison said eccentrically: "We know that you are also a best-selling author, but now is not the time to be lyrical, let's hurry up and think about practical issues."

Tang Huan shook his head and said clearly: "I cannot accept your ridiculous conditions."

William Harrison threatened: "Don, don't look at you for more than 20 years, omnipotent, but you are really not an opponent for all of us."

The richest man glanced at the other party, "Then how are you going to deal with me? Assassination? Frame? Leak? Rape? Tax evasion?"

"We will slowly take away everything in your hands." William Harrison smiled sinisterly, and threw out a document, "In this stock market crash, only you will make a lot of money, and everyone else will lose everything. Therefore, on the Internet that you vigorously promote, there have been voices of doubt about you as a person."

Tang Huan picked up the document, which was obviously printed directly from the webpage, and saw that it read:
……

Don almost never fails, I find.

Sometimes, I guess, Don is an extraterrestrial with a very high IQ.

But more often, I feel that Tang is the Fu Manchu described by the British mystery writer Sax Romer. He is as knowledgeable and talented as Faust.

The most obvious evidence is language.

Fu Manchu was a linguistic genius, fluent in all civilized languages ​​and the languages ​​of most barbaric peoples.

When facing Chinese, he spoke Chinese; when meeting Indians, he spoke Hindi; when meeting Egyptians, he immediately switched to Arabic.

Don, it is believed, is fluent in at least eight languages.

In the Elysee Palace in Paris, he can communicate fluently with the French President in French;

In the Federal Chancellery in Berlin, he can communicate fluently with the German Chancellor in German;

In the Moscow Kremlin, he can communicate fluently with the Russian President in Russian;

At the Prime Minister's residence in Tokyo, he can communicate fluently in Japanese with a Prime Minister;
As for Chinese and English, let alone.

How good Tang is in foreign languages ​​can be guessed by looking at his girlfriends from various countries including Germany, Italy, France, Japan, etc.

More importantly, Tang has infinite wisdom and has led the development of the global IT industry for more than 20 years; when technology stocks crashed, he not only escaped disaster, but also made a fortune.

Obviously, Tang Manchu in reality is more powerful than Fu Manchu in novels and movies!
……

The richest man snapped, threw the document back on the table, and said with a snort, "Wake up, everyone, it's the age of globalization, and you're still making fuss about the ridiculous concept of 'yellow peril'."

William Harrison said meaningfully: "How can you be sure that ordinary people will not believe it?"

Tang Huan laughed loudly, stood up and said, "If you still have this attitude, then I don't need to waste my time here."

Looking at the back of the richest man walking out, William Harrison said fiercely: "Don, if you walk out of this conference room today, there is no chance to come back!"

Tang Huan turned around, and responded calmly: "I can invite you all to be guests in my humble house, and at the same time teach you the truth."

Hugh Michael came out, took a look at the gap, and tentatively suggested: "Don, maybe, we can divide them by wooing some of them, instead of completely rejecting them."

"It's not necessary." The richest man shook his head, "Their greed will never be satisfied; any compromise will be followed by the next unreasonable persecution."

"It's about time I taught Wall Street reason. After all, this is a civilized world."

Hugh Michael, who was so scalped when he heard it, asked with a wry smile: "Then what should we do next?"

Speaking of this, Hugh Michael quickly added: "Don, don't worry, we are now a community of interests."

"Of course I trust you and the Bank of America." Tang Huan said leisurely: "These guys still have the intention to organize a group to rob me, which only shows that this stall is not bad enough!"

(End of this chapter)