Jake immediately ran to Jasper to report to him, “The total capital we can use is 298 billion US Dollars. In the early stage, we spent 50 billion US Dollars on the Nasdaq and the DowJones Index, and in the later stage, we used 40 billion US Dollars to execute the acquisition major company stocks. Then, we invested 18 billion US Dollars in Morgan Investment Bank and have 190 billion US Dollars remaining now.”
“Continue with the plan.”
They still had enough funds, which was better than Jasper expected.
***
The headquarters of Morgan on Wall Street
In the chairman’s office at the highest level, Ford Morgan, a core member of the Morgan family, was sitting in his seat. His hands and fingers were folded under his chin while his eyes flickered with a hesitant light.
In front of favonovel.com was the group’s think tank and consultant, Alice.
Alice, who was over 40 years old, still had favonovel.com feminine charm. The annual salary of tens of millions of US Dollars and stock options as dividends allowed favonovel.com to enjoy the most expensive beauty procedures in the world with peace of mind. Therefore, favonovel.com looked like favonovel.com was still in favonovel.com thirties while favonovel.com figure was still as graceful as ever.
In fact, half an hour ago, Alice was still sitting naked on top of Ford as favonovel.com shook favonovel.com body, but now the situation had unexpectedly changed and they had to go to work.
They were not the only ones in the office, but the chief investment advisor, chief operating officer, and chief executive officer of Morgan Investment Bank were also here.
“Sir, we must make a decision as soon as possible. JW Foundation’s offensive is very aggressive. We are incurring huge losses with every passing minute and the stock price is plummeting. If this trend continues, the analysis team expects the stock price to break the 20 US Dollar support level soon.
“Once this support level is broken, Morgan’s share price will fall directly into the 18 US Dollar range. At that time, Morgan’ 5 market value will be lower than before Layman’s bankruptcy and Citibank will surpass us as the third largest investment bank. Most importantly, investors will lose confidence in us and it will affect the entire business of our group.”
After the COO finished speaking, Ford looked up at the chief investment advisor and asked, “What do you think?”
The chief investment advisor bowed slightly to Ford and answered, “I totally agree.”
“You must know that we have just obtained a total of 400 billion US Dollars in interest-free loans. However, our stock price has broken through a record low even with such a big stimulus in hand. In the eyes of customers around the world, we have so much money, but we can’t even protect our stock price, so how can they trust us with their assets?”
“But the biggest problem with this matter is that this money is nominally an interest-free loan, but in reality, it is a market rescue that the government is trying to do through us. The government has carried out market rescues several times before and they have taken out a large amount of money, but under the current law and stipulations, there are too many restrictions. Hence, they’re giving the money to us in the form of loans, so that they can borrow the identity of our investment bank to carry this out on their behalf.”
“But if we buy our own stocks using their money, it will spell trouble for us.”
Narrowing his eyes, Ford looked out the window in the southeast direction, where Citibank was located.
“I think Citibank will be very happy to seize our position, and as the second-largest investment bank, Merrill Investment Bank will not be happy that we’re taking this opportunity to threaten their status, so we will inevitably be affected by a joint attack by both Merrill Investment Bank and Citibank at the same time.”
The COO and the chief investment advisor looked at each other and did not speak. This already touched on the game of upper management in the United State’s capital world, and they were not allowed to intervene.
Ford looked at Alice and said, “Alice, you have helped me a lot at many important times over the years and now I once again need your advice.”
Ford and Alice were not just superior and subordinate, and they were also not just lovers, but more importantly, they were both important partners in each other’s careers. It was this relationship that allowed them to remain intimate for ten years without change. In this world, love would deteriorate, and one would get bored of their partner’s body. Only interests were the closest and most reliable bond between two people.
Alice had thought about this issue for a long time, and favonovel.com did not hesitate too much at this time. She said, “We must take countermeasures.”
“Two things.”
Alice raised a confident smile and said, “First, Layman’s bankruptcy is a huge opportunity for us. Although we do not have much overlap with Layman in terms of investment style and field, it is precisely because of this that those who have suffered heavy losses in Layman will reconsider or even directly change their investment strategy after experiencing this incident. Therefore, we are their best choice because our investment strategy is the opposite of Layman’s.”
“Also, we have a greater advantage than other investment banks regarding this. Therefore, we can’t let any negative news about us get out at this time. After all, the stock price is also the most important thing because the stock price is the most valuable and precise measure of a company’s value.”
“Secondly, JW Foundation’s action against us this time can be regarded as a retaliatory strike, but it also proves that we have hit his most sensitive spot. According to our previous calculations, the funds that JW Foundation now control are between 260 billion US Dollars and 310 billion US Dollars. The error rate in calculating this won’t be too large.”
“Adding in the funds occupied and consumed by his previous actions, we won’t have much difficulty fighting them.”
“As for what you are considering, sir, I think this is precisely the least problematic issue. The government wants us to rescue the market, and what other market rescue measures are simpler and more effective than directly defeating the enemy who caused all this?”
“You have to understand that what we are doing now is not to using the money from the market rescue to raise our stock price, but to use the money to directly deal with the culprit that caused all this.”
“I’m done speaking.”
After Alice finished speaking, favonovel.com stood silently by the side and did not say a word.
Meanwhile, there was a relieved smile on Ford’s face. He looked at his executives and asked, “Do you have any other things you want to add to this?”
When they saw this, no one dared to say or do anything. Then, with the CEO’s lead, everyone said in unison, “We all agree with Ms. Alice.”
“Okay, let’s act now. I want to see the stock price of the investment bank return to the opening price of 22 US Dollars within the next 10 minutes.”
