Chapter 1369 Completely Hopeless
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Friday, April 14.
The morning light before the morning session illuminated the glass curtain wall outside the Northern Trust headquarters in golden yellow. Song Ya looked down from the window of O'Grady's office. The reporters had gradually gathered across the street from the headquarters gate below. It was obvious that he had arrived at the Northern Trust headquarters. The news got out.
"Is this price okay?" O'Grady brought in a piece of paper with a handwritten AOL target price for selling today.
"Yes." Song Ya glanced and nodded, "It depends on the situation and then sell something else, as long as you feel like you can run away." He signaled his personal lawyer Song Zecheng to hand back a signed authorization document.
O'Grady took it and hurried out. Greenspan said yesterday that the sharp drop in rice stocks is a foregone conclusion. He is very busy today, and everyone in the securities industry will be very busy.
‘The U.S. Treasury Department held an emergency closed-door meeting overnight...’
‘Chancellor candidate, Vice President Al Gore was in California last night to criticize the Fed’s recent series of actions that have led the market into expectations of continued interest rate hikes…’
Ms. Cohen, the chief investment advisor of Goldman Sachs, believes that the global economic outlook is much brighter than a year ago, but the pace of development among the richest economies is inconsistent. Best Investment Destination...'
The Bloomberg machine and the financial news jumped up with good news to balance the big bomb released by Greenspan yesterday.
Sloan has been huddling in the corner, covering his ears with his hands and talking on the phone softly, "My personal accountant told me that if Litman Media's stock drops sharply today, I will really go bankrupt."
After hanging up, she walked into Song Ya in a daze and said.
"No, your Gulfstream V is very valuable..."
Song Ya's mentality is getting better and better. It doesn't matter if Greenspan made it clear yesterday, professional institutions and rich people are always more sensitive to the speeches of the Federal Reserve Chairman, and they have much more time than dull retail investors.
The option is used to pay off the debt, and the private jet she bought with a loan will definitely be seized by the creditor. She has successively operated many companies to go public. Sloan has more confidence in the Internet than herself, so she did not use options to balance risks. Because based on the stock price increase in the context of a big bull market, she will earn a lot more by directly exercising the option after the lifting of the ban period...
This ridicule did not attract the expected reply from Sloan,
Her face became paler, and she turned around in slow motion and went back to the corner to make a phone call.
"Don't worry, I won't let my best CEO go bankrupt..."
It seems that the joke is too much? Song Ya raised her wrist to look at the time, and added to her back very forcefully.
"I... will pay you back." Sloan said in a low voice.
"Who said I want to lend you money, I lost a billion dollars this week." Song Ya replied with a smile.
'brush! '
Just at this time, the rice stock market opened, and as expected, most stocks on the Nasdaq and the New York Stock Exchange fell sharply at the opening, and the screen of the Bloomberg computer was very red and festive.
"I won't talk about this for now, let's talk about it before the market closes in the afternoon."
Song Ya strode over to watch the market. Those stocks that were resistant to falling yesterday could not hold on anymore. No matter the technology companies listed on NASDAQ or NYSE, Microsoft, Oracle, Cisco, HP, Compaq, Dell, IBM, AOL, etc. All the companies turned around, not to mention Yahoo and other companies that have been performing poorly in recent months.
"Hey..."
In many of them, he owns shares. Even if he was mentally prepared, Song Ya still felt heartbroken as he watched hundreds of millions of dollars disappear in front of his eyes. He sat down slowly while pressing his chest, and now he just had to wait.
"No! This price can't escape!" A few minutes later, O'Grady came in anxiously, wiping his sweat with a handkerchief.
"You can deal with it expediently." Song Ya gave Song Zecheng a wink, asked her personal lawyer to follow O'Grady, and returned to the trading room with man-to-man.
"Oh..." Sloan focused on the four listed companies in the Littman Media Department, all of which were plummeting, especially music and websites. The K line was almost ninety degrees.
It has only been less than half an hour since the opening of the market. Based on the current market value of the four companies, the value of the options in Sloan’s hand is no longer worth the money she borrowed for the plane and other advanced consumption. Fortunately, this calculation is not necessary for the time being. .
She was so anxious that she started to turn around like Harley, "The Abelsons have been urging us, they are going crazy!" The founders of the blog site, the Babelsons, were not willing to blow up her mobile phone. The posture of letting go.
"Didn't you agree yesterday to take over their stocks after the market closes today?"
People are calm when they encounter major events, and Song Ya is relieved to have a beautiful woman like a headless fly by her side. Smiling, she took the opportunity to reach out suddenly, embrace her in her arms, and put her on her lap.
"It's just a verbal agreement. The couple can't find us now. Today's market...they can do anything." Sloan only struggled twice this time.
"It's up to them." Song Ya took a sip on her cheek.
"you……"
He suddenly repented and said he would not save the blog site, Sloan turned his face to look at him in surprise, his eyes were full of disbelief and anger, "Then I will jump off the building!" She was already desperate to this point, "I can't stand I was ridiculed by the media at the time, saying that the CEO of Littman Media was unable to repay the loan, and the private jet was seized by the creditor..."
"Business is business, my dear... Who told the Abelsons not to sell yesterday, there is nothing to blame for trusting the verbal promise of the major shareholders, isn't it?"
Song Ya also became a little lonely and sighed, "I didn't want to be such a cold capitalist, but a disaster is approaching... No one's money comes from the wind. Even if I take over their stocks for charity, I can't save the OpenDiary website today. How can a drowning person have the ability to save others?"
"They're going to hate me and hate you."
"They are the founders, and only part of the stock is lifted. They have no choice but to stay in OpenDiary. We will have time to slowly mend the relationship with them in the future."
"OK, I understand..." Sloan, an extraordinary woman, quickly calmed down, knowing in her heart that this was the best solution, although the methods were ruthless.
"You seem to have improved compared to yesterday." She stroked the man's stubble and praised.
"I didn't sleep all night..."
'You're way too beautiful girl...'
Her cell phone rang again, and the call was still from the Abelsons. She didn't answer it this time, and put it gently on the table, allowing the man on the phone to continue singing.
"APLUS! Uh...sorry!"
When O'Grady rushed through the door and saw the scene of the two hugging each other, he immediately backed away and closed the door.
"Come in, this is your office." Song Ya hurriedly called him in, and Sloan had already brushed his hair and walked to the window, "Good news?"
He knew that there was rare good news from O'Grady's excited look.
"Yes!"
Now is not the time to gossip, and O'Grady came back as if he hadn't seen anything. "Your AOL stock is all gone." He pressed a few times on the keyboard to show.
"Looks good?"
Song Ya read it carefully. AOL, which performed well before, fell sharply this morning. All of her money was cleared when AOL's stock price fell by 5% after the market opened. On average, it was around 4%. At that point, based on the price at the time of purchase, I still made some money.
"I don't know, but today's situation ... can only get this result." O'Grady said.
"watch the news!"
Sloan noticed a flash on Bloomberg's plane.
"Investment means risk. Financial institutions should be prepared to avoid risks, and don't count too much on the Fed's rescue..."
The old face of Greenspan, chairman of the US Federal Reserve, appeared again. In the eyes of several people in the room, he was simply a demon. It seemed that something from the US Enterprise Research Institute was coming. He seemed to think that what he said at the Senate hearing yesterday Not enjoyable enough, he even gave a public speech again, "The big flood will only happen once in a hundred years, and financial institutions should only count on the central bank to rescue them in very rare cases..."
‘Investment is entirely a risk assessment. The adjustment of investment behavior is usually due to the change of the concept of risk. The Asian financial turmoil in 1998 was a good example. At that time, global investors left the stock market and turned to other markets to avoid risks. '
"In the face of uncertain risks, whether in the financial market or other aspects of life, the general way to protect yourself is to avoid..."
"SHXT! This old man! It's completely hopeless!"
Sloan took off his high heels and slammed the TV viciously.