Chapter 1371 No Candy

"Chicago 1990 ()"!

In fact, ordinary people, including most celebrities, seldom pay attention to such boring financial news as the Nasdaq index fell by 9.95%, and the Dow Jones fell by 5.66%. The shrinking report is not unique to this week. At the beginning of the year, YAHOO started to have sporadic discussions. Many acquaintances of Song Ya are not surprised.

But after Black Friday, everything is different.

YAHOO Amazon fell another 23% in five trading days a week, Amazon 31%, AOL 22%, and it was obviously transmitted from the Internet sector to the technology industry and New York on Friday. On the stock exchange, Motorola plummeted 39% in a week, Intel 8.8, Compaq 7.6, Cisco 6.8, Microsoft 6.5, IBM 5.9...

This is the case for large companies, and the performance of small and medium-sized Internet companies is even worse, falling by half or more of their market value in a week.

This scale and intensity of hundreds of billions of dollars evaporated in a short period of time can already be judged as another 'stock market disaster'.

"Personally I think the Federal Reserve is in dire need of reform! Like...like the National Academy of Recording Arts and Sciences that give out the Grammys!"

When Song Ya left the Northern Trust headquarters, her eyes were red, and her emotional statement to the reporter was on the news of major TV stations that night. The content of the accompanying broadcast was probably "APLUS suffered heavy losses in this stock market crash, and its estimated net worth has shrunk." At least one billion knives''APLUS is extremely dissatisfied with the Fed's refusal to rescue the market and calls for reform' and the like.

More and more friends, subordinates and female friends called to condolences or inquire about the situation. The next day, a news on Saturday morning on the 15th made his situation even more "out of the circle". He was 'caught' by a reporter while walking with a bag in his hand. For some unknown purpose, the old man specifically picked the reporter to repeat Song Ya's call for reform and replied with a smile: "The securities market has never been a place where there are candies on the table. place."

This sentence reaffirmed the riskiness of the securities industry, and it also meant that Song Ya's call for reform was regarded as an incompetent and furious crying child, and he laughed it off.

"It seems to say that you are already an adult, accept the bet and admit defeat, don't cry, I won't coax you..."

It happened that Song Ya didn't get up until late after making up for sleep. He didn't sleep much in the previous three days. It happened that the market was closed on weekends and took the opportunity to take a good rest.

Sloan and the others blocked all the previous calls from all parties, and none of them answered.

After he washed up, he joined Sloan and others in the restaurant, just as the TV station was broadcasting the news from Greenspan,

Sloan, who also had a rest, was also emotionally stable. She interpreted Greenspan's remarks in this way.

"Damn it! Were my eyes so red?"

Song Ya gobbled it up while watching himself complaining on the TV. Before the twelfth, he had never had the experience of making decisions while watching the market all the time. In retrospect, it was indeed very thrilling, and it tested his heart and concentration.

Boil people.

The picture freezes until he stares straight at the camera with his stern face, his bloodshot eyeballs are very obvious.

Paulson, Chairman and CEO of Goldman Sachs, Jim Clark and other Internet peers all hope that they will be the first to attack the Fed because of their wealth and influence, but they are too young, ethnic background, as a hip-hop star and in entertainment. It is not easy for the outside world to take this emotional statement after the huge loss seriously, and interpret it as an official declaration of war by the Internet industry collectively against the US Federal Reserve.

Paulson and Jim Clark should just want to test the reaction of the outside world to the reform of the Fed, and decide the next move according to the situation.

But Song Ya will not be so stupid that they will be completely used by them, so after discussing with Sloan to polish it, he will link the Grammy Awards jury with the Minneapolis Fed, which will further weaken the seriousness of the issue of requiring the Minneapolis Fed to reform.

Greenspan didn't seem to take it seriously, and he also had to be more tolerant of the angry words of a top rich man who had just lost 3 billion, so the reaction was basically in Sloan's expectation, so that Song Ya would After completing the task entrusted by Paulson and others, he used his cleverness to discount the task.

But it seems wrong to say that Greenspan didn't take it too seriously, otherwise he would not have responded in front of the reporter's camera, and said that sentence for the third time to emphasize the determination of the Fed not to rescue the market.

It's a pity that my performance at that time was not perfect. It would be great if I could be more calm and steady in front of the camera. Everyone's emotions fluctuated a lot. I didn't control my acting skills in reality. Sloan also forgot to remind me or didn't notice myself His eyes were very red, which made him look a bit like a red-eyed gambler on the TV.

"How about some scrambled eggs?"

There are a lot of people in the living room today. In addition to Ms. Sloan and private lawyer Song Zecheng, brokers Hayden and Donovan, managers of their companies Yeremov, Linda, Dr. Chen and others have all come, plus Ai Mi, Halle and relatives, they all carefully kept quiet and listened to their chat with Sloan, the atmosphere was a bit sad...

Only Aunt Susie broke the silence with carelessness and care as she raised a plate of golden scrambled eggs.

"Yeah." Song Ya agreed, and when Aunt Susie pulled the scrambled eggs in front of her, she looked at her cousin Tony and cousin Emily who were sitting on the sofa in the hall.

Tony comes often, no surprise, but Emily should be studying at Howard University by now.

Emily was also secretly observing herself, and when she found herself looking over, she immediately turned her head and chatted with Tony.

"Don't you have to go to class, Emily?" Song Ya guessed that this scheming cousin should have rushed back to inquire about the situation, and asked directly.

"I asked for leave."

Emily also took this opportunity to ask back: "Everyone in the school is rumored that you will go bankrupt, will you go bankrupt, Alex?"

With her taking the lead, the eyes of Tony and everyone in the hall drifted over, including Amy and Halle who were eating at the same table.

"Won't."

Song Ya lowered her head and dealt with the scrambled eggs on the plate, "If you are not happy in Destiny's Child, I will send you to college, but when you go to college, you have to study hard Emily, if you don't want to study again... ...In short, I will not accommodate you again."

"I'll read it obediently, I just care about you, Alex." Emily complained after a sigh of relief, "Don't you think that the richer you are, the more estranged you are from us? Sometimes I really think that you are bankrupt The few of us can be together as happily as before, money can't buy everything..."

Emily was very scheming when she grew up, and Song Ya didn't know if it was from her heart, but it was obvious that Amy next to her listened to it, and hooked her arm with her hand in sympathy .

'G7 finance ministers and central bank summit in Washington...'

Greenspan was interviewed by a reporter outside the meeting place, so after the news about the old man who attracted the most attention was broadcast, it was the turn of the G7 meeting. Held the day after the disaster.

The rice stock market crash led to yesterday's global stock market crash, so maybe there will be some good news after today's meeting.

"In order to prevent the global economy from entering a recession, saving the United States is tantamount to saving itself", Goldman Sachs and various media began to appeal to the other six participating countries.

"We are deeply concerned about the changes on Wall Street yesterday." Minister of Finance and Finance Miyazawa Kiichi replied when reporters asked him whether he would discuss the bailout issue today: "Yes, this topic will be discussed today."

Judging from the attitude of US Treasury Secretary Summers yesterday, he is definitely willing to save the market, and the book has always been obedient. They helped out at least about 9 billion dollars in the Gulf War alone, which means that the two economic powers tend to save ?

Song Ya and Sloan looked at each other, and hope was rekindled in their hearts.

At the end of yesterday, I used part of the money from selling AOL and other stocks to take over the unlocked shares of the Abelsons and violently boosted the stock prices of the entire Littman Media Department. The option will not fall below the insolvency line, three times... I have no plan to take the opportunity to raise money at a low price. After all, the Littman Department is my own business. The chairman of Goldman Sachs personally called and came to persuade Some verbal assurances made by firing cannons are also worth the gamble.

But this can only take a breather during the two-day rest period. Everything depends on the results of the meeting of the big bosses before next Monday and whether the market still has confidence in the Internet industry.

If there is no good news that can reverse the level of the world, such as interest rate cuts, in the past two days, it is estimated that it will still fall next Monday, and I am afraid that I will still have to lend some money to Sloan to avoid bankruptcy.

As for how much his net worth will drop, Song Ya has already become numb.

"M-FXXK..."

Soon, the fire of hope that he had just raised was extinguished again. The chief economist of the European IMF, Moussa, then stated: "The previous surge in stock prices around the world was partly due to the impact of companies adopting new technologies, but It also reflects investors' unrealistic expectations for corporate profit prospects. Overall, the uneven economic growth among the world's major countries poses the greatest risk to the otherwise rosy global economic outlook. The drop proves that."

Wolfensohn, president of the World Bank controlled by the United States, also said: "Many listed companies in the United States are overvalued, and the decline in stock market value is normal. I admit that the bursting of the bubble is by no means a pleasant thing, but in the long run It might be beneficial."

Obviously, the Europeans are holding back the water, and the United States is fighting internally. The opinions of its own people are not unified. The World Bank chose to stand with the Federal Reserve Bank of Rice to fight against the Minister of Finance.

This is very difficult. The ruling donkey party definitely wants to save it, but because Gore previously chose to distance himself from the scandal-ridden incumbent in order to campaign for image, the incumbent himself has a term of office of less than one year anyway and cannot be re-elected. , leaving soon, no one knows what is actually going on in his heart.

"Wait for the joint statement after today's meeting."

The financial leaders of various countries ended their photo session and started a closed-door meeting, Sloan turned off the TV and said.

"Uh, Boss, the actual problem before us is... You and Harley need more and more exposure and appearances for the promotional work of Blade Warrior 2 that will start drawing on June 2nd, what should we do?" Yeremo husband asked.

"According to the established plan." Song Ya shrugged indifferently. It is precisely because of her role as a singer and movie star that exposure is inevitable and cannot be avoided. Paulson and Jim Clark have taken a fancy to this, so I chose myself.

"We're afraid that when the time comes..." Hayden hesitated to speak.

"I know what questions I will be asked, it doesn't matter, I am not the only one who lost money."

After a good night's rest, Song Ya also looked away, "Life has to go on, doesn't it?"

After eating the scrambled eggs, he wiped his mouth with a napkin and asked Sloan and the others to get up and walk to the study, "Let's continue working."

In the afternoon, the joint statement issued by the G7 did not mention the bailout at all.

On Sunday, April 16, 2000, the judge presiding over the Microsoft monopoly case suddenly revealed to the media in a very ignorant manner: "According to the collected evidence, it proves that Microsoft does indeed have monopolistic behavior."

Chicago 1990 latest chapter address:

Chicago 1990 full text reading address:

Chicago 1990txt download address:

Chicago 1990 mobile phone reading:

For the convenience of reading next time, you can click "Favorite" below to record this (Chapter 1372 No Candy) reading record, and you can see it next time you open the bookshelf!

If you like "Chicago 1990", please recommend this book to your friends (QQ, blog, WeChat, etc.), thank you for your support! ! ()