The Son of Finance of the Great Age

  Chapter 579 Soros' ambition (2)

  If Soros didn't take Joseph Lewis' threat to heart at all, then the last sentence the other party said hit his life, making him have to agree to Lewis' request under the sway of the mouse.

  From the beginning to the end, a series of plans against Bear Stearns were circulated within the limited scope of Soros and others, and they also had their own justified reasons, that is, Bear Stearns refused to participate in the rescue when Long-Term Capital Management went bankrupt. Throwing things at their own species might earn these hedge funds some sympathy points, but no one would buy such naive claims.

Maybe Soros and others don't bother to explain to the outside world, but once the news leaks out, they will have to face the pressure from the investment bank. This pressure is diverse. The slightest is an increase in commissions, and the serious one may be research. Falsification in the report may even encircle some of their positions. And once the two sides really tear their faces apart, a single top hedge fund will definitely not be an opponent of a single top investment bank.

More importantly, once this news leaks out, the investment banks that may become the focus of the target will definitely make preparations, or make cash reserves, or introduce strategic investors, etc. In short, they will definitely pay close attention to the movements of short sellers , This is bound to bring huge obstacles to Soros' next plan.

So after thinking about it for a second, Soros agreed to Lewis' request to join without hesitation. After all, the other party is also a rich man with a net worth of more than one billion US dollars, and he has a lot of cash on hand, although he may share part of the profits after entering. , but it also added a bit of help.

"Well, Lord, you are such a generous man, George!" Joseph Lewis' face flushed with excitement, he kept rubbing his hands, and after walking back and forth several times, he excitedly Asked, "Now that we are all on our own, how many people are there in our gang? Who are the others?"

"Julian Robertson, John Paulson, Kenneth Griffin..." Soros said the names one by one with a blank expression, then spread his hands together, and said calmly, "Now we have to add a new guy. , Joseph Lewis."

  Although Soros spoke in a flat tone without too many body expressions, as if he was talking about a trivial matter, but to Lewis, each familiar name was like a series of thunders ringing in his ears. God, who are these people? Paulson is currently one of the hottest fund managers in the world; Griffin of Castle Capital is known as the smartest investor in the world, and the quantitative funds he leads are some of the most profitable quantitative funds on the planet. One of the funds; not to mention Julian Robertson, who was already famous all over the world 20 years ago...

  Joseph Lewis now finally understands why Bear Stearns collapsed in such a short period of time. Not to mention how smart these people are, in terms of the amount of funds they are currently managing, it is half of the amount of funds managed by Bear Stearns at its peak, and it is more than three times the market value of Bear Stearns at its peak. Not to mention that during the whole process, these people had no intention of thinking about Bear Stearns.

  For a while, Joseph Lewis was deeply moved. On the one hand, he felt sad that he became a shareholder of Bear Stearns, and on the other hand, he was very grateful that he seized the opportunity to enter this small circle.

   "They were also involved in the Bear Stearns matter?" After being excited for a while, Lewis finally thought about the business, and hurriedly asked, "You understand what I mean, yes, are these guys also involved?"

   "Of course!" Soros glanced at the other party speechlessly, thinking that Lewis was a little too surprised to be so excited. But now that he has become a member of his side, Soros has to explain a few more words, "We have our own division of labor, otherwise it is impossible to collapse Bear Stearns in such a short period of time. Well, let's get to know these guys Let's go."

After finishing speaking, Soros shook his head helplessly, dialed the phone numbers of several people, and held a conference call in real time. Let me introduce the newcomer Joseph Lewis.

"George, now we have completed our original plan, and now we only need to close the position at a price of two dollars!" Not long after the connection, Julian Robertson's voice came over, "A rough estimate, including stocks and Including options and other income, our income this time is about 1.5 billion US dollars, and each person is about 300 million US dollars. Not too much, not too little, but I am personally quite satisfied."

Standing beside Soros, Lewis held his breath, but silently calculated in his heart. In just half a month, these people generated 1.5 billion US dollars in income, and by the way, completely wiped out this giant investment bank. The whole collapse, this energy is too amazing.

"Ahem..." Soros hastily coughed a few times, interrupting Julian Robertson's speech, "Julian, we will talk about the income later. Now please allow me to introduce a new guy, Joseph Robertson. Lewis, a gentleman from England, is also a major shareholder of Bear Stearns."

"what?"

   "Are you crazy? George, how did you bring someone else in?"

  As soon as Soros finished speaking, two dissatisfied voices rang out immediately. They were Kenneth Griffin and John Paulson. It was the first time for the two of them to participate in such an action, and they were always in a state of anxiety during the whole process. Now they managed to stabilize their minds, but they were frightened by Soros' words, so they expressed loudly at the same time. Dissatisfaction in the heart.

Julian Robertson and Jim Chanos, who were a little older, didn't make a sound. They knew that Soros must have his reasons for letting the newcomers join. Now they just need to listen quietly to see if Soros can persuade them.

"Take it easy, guys, take it easy!" Soros had no idea that Kenneth Griffin and John Paulson would have such a violent reaction, so he had to lower his posture and comfort him, "Guys , we need Mr. Lewis because he is the majority shareholder of Bear Stearns. You should be aware that if the takeover plan about Bear Stearns and **** becomes public now, our plan to short them will be revealed In the world, this is definitely a fatal blow to us. So I hope that Mr. Lewis can help us delay a little time so that we can close our positions and leave the market in the shortest possible time.”

In fact, although the current acquisition transaction has been preliminarily concluded, there are still more details that need to be discussed by the two parties. One of the important ones is to replace the shares of ****. The identities of the short sellers may indeed be exposed. So in this case, Soros and others really need time, and the best way to delay the time is to temporarily mess up the deal.

  People who want to understand it no longer insist on it. They are dissatisfied with sharing their profits equally after others enter, but they are more afraid of their own behavior being exposed.

"Hi, guys, hello!" Lewis knew that it was time to speak up, he greeted first, and then said triumphantly, "I've already thought about it, to file a lawsuit in my own name and let the court intervene in Bell's case." During the acquisition of Stern, they had to raise their quotations. In this process, you can close your positions as soon as possible, how about it, I did a good job, right?"

At this time, Joseph Lewis naturally had to show some ingenuity in order to allow these people to accept him as soon as possible, so he boldly threw out the plan that Soros discussed with him a few minutes ago, "In addition, this One action, I just need to take one, how about it, guys?"

  In all fairness, 10% of the profit is not too much compared to his loss. You must know that the real money he invested in Bears is close to one billion dollars, and now it is just a little interest.

But obviously, his behavior was directly regarded by several other people as a lion, and John Paulson, who contributed the most, shouted directly: "One percent? God, you might as well just kill me! George, I I don't agree with you to do this, I would rather be exposed than accept the exploitation of this vampire. Well, don't persuade me anymore, I will quit after I get what I deserve!"

Hearing John Paulson's threatening words, Soros immediately changed his face, his eyes flickered for a while, and then he said slowly: "Please wait a moment, John. In addition, I would like to ask, who else plans to Withdrew? Kenneth, how about you?"

He deliberately didn't ask the other two, because he knew that for Julian Robertson and Jim Chanos, they knew themselves best, and a mere Bear Stearns would definitely not satisfy his appetite, nor would it satisfy the two of them. human appetite.

   But the problem now is that the cash cow is going to withdraw, which is not a serious matter. Although the newly joined Joseph Lewis is also a cash cow, there is no way to compare with John Paulson. Therefore, at this time, he must reveal his "grand plan", otherwise it is really possible In the belly of death".

"If John quits, there's no need for me to stay!" Kenneth Griffin said lightly, "Besides, I still have a lot of work to do. I don't think I should spend energy on it, What do you say, George?"

Up to now, Soros has no way out, and under Lewis' astonished gaze, he said word by word: "Hey, guys, Bear Stearns is just the beginning, I have a bigger plan, if I can If it succeeds, the income will be at least ten times higher than this time, are you sure you really want to quit?"

"what?"

   "You must be joking, right? Yes, you must be joking!"

   "George, do you know what you're talking about? Are you really crazy?"

   This time it wasn't just Griffin and Paulson, even Julian Robertson couldn't believe it. It's just that Jim Chanos maintained his usual calmness and reticence, and only said lightly, "Tell us the plan!"

  Joseph Lewis did not speak, but his hands were already trembling slightly. Even in the foreign exchange market, where every minute is full of treacherous waves, he has never been so excited and shocked as at this moment. He realizes that he may be involved in a historic event.

"Since Bear Stearns can mess it up!" Soros was extremely calm at this time, and after taking a deep look at Lewis, he said with unusual calmness, "Then why can't Merrill Lynch? Raymond Brothers can't? And Stanley, Gu Deman, they can all be our targets."

   Silence, deathly silence.

The silence lasted for a full five minutes before a wail came from the phone. Julian Robertson patted his forehead and sighed unceasingly: "George, do you know what you are talking about? You are really crazy! "

   "No, I'm not crazy!" Soros flatly denied, "In this world, there is at least one person who thinks the same as me."

   Thanks to book friends Demon Dragon Warrior Ghost, Crazy Same, Night Rain の Xiaoxiang for voting monthly! I hope everyone will continue to support, and I hope to vote more at the end of the month, thank you!

  (end of this chapter)