Switch Mode

Life at the Top Chapter 1985

Sanctions!

Soros felt a chill in his heart.

He understood the meaning of the sanctions that came from the mouth of his Excellency on the phone.

This meant that a country’s government would be giving the highest form of punishment against an individual, enterprise, a force, or an interest group in other countries.

It could completely and legally freeze all the assets of Jasper and JW Foundation in the United States.

Once someone did that, it was not the

same as merely falling out with Jasper.

Most of the money in the JW Foundation had been collected from businessmen of Somer descent. Once all of them were frozen, Jasper would be finished, but this would definitely trigger Somerland’s crazy revenge.

This was because it meant that after more than ten years of reform and opening up i n Somerland, the elite class that made something for themselves through blood, sweat, and tears was being ransacked and being forced into bankruptcy overnight. Its negative impact on the entire social and economy of Somerland would be beyond words.

Soros felt fear and trepidation in his heart.

If it was half a month ago, he would not

have cared at all.

However, after causing chaos the financial market of Somerland for half a month, he had begun to understand that h e and even the United States had been facing a country that was as profound as Somerland.

Everything that was easily obtainable in his original plans did not make much progress after half a month of torment, especially in the grain price trade war. As long as they bought, Somerland’s domestic reserves group would ship. They would hedge it no matter how much it was, and this almost made Soros vomit blood.

Soros parted his mouth slightly to try to

persuade the person on the phone, but he

came to his senses immediately. Wasn’t

the thing he wanted to see the most was

Jasper being rid of?

In that case, why should he object?

Thus, Soros’s words became, “Okay, I understand, Your Excellency. I will show you the results on the next trading day.”

“Very good.”

The person on the other end of the phone said lightly, “In terms of international influence, Somerland’s domestic financial market does not account for much. Relatively speaking, its Harbor Stock has more influence and is gaining more attention.

“It’s only been a few years since the handover of Harbor City. If the Harbor stock market collapses at this time, then the whole world, including the people of Harbor City, will doubt Somerland’s ability and national strength, and it is possible that some of the people of Harbor City will begin to miss being under the rule of the United Kingdom. In those days, at the very least, Harbor stocks wouldn’t fall so badly, don’t you think?”

Soros immediately understood the meaning of these words upon hearing them.

His eyes lit up involuntarily.

How glorious he was when he caused the Terra financial crisis, but he had a big downfall in the Harbor stock market and wasted all of his effort as most of his life’s prestige was ruined by this small island.

It was impossible to say that he did not want to take revenge.

And now, he had a chance.

Now was the best time… Most of the top tycoons in Harbor City had fled and the remaining few had been drained by Jasper such that right now, they were at their weakest.

“Your Excellency, are there any restrictions on the attacks on Harbor stocks?” Soros asked.

The person on the other end of the phone said lightly, “What we want to see is only the final result. As for how you do it and what price you pay, it doesn’t matter.”

“I got it.”

Soros breathed a sigh of relief, smiled,

and answered confidently.

This meant that he would have unlimited authority to attack Harbor City stocks, and the funds he had on hand could be fully mobilized to achieve this goal.

Compared with the mainland A-shares, which had price limits, Harbor stocks which did not have any price limits and had looser regulatory policies like the United States financial stock market could ensure that their strength was not capped.

By the time Soros ended his phone call with ‘His Excellency’, the United States financial market’s trading today was over.

“Mr. Laine, on the whole, we can say that we have achieved 75% of the planned acquisition target, but the use of funds is 1 0% higher than the original estimation. The main reason for this is that the participation of Morgan Investment Bank and the explosive power of the international hot money exceeded our expectations.

“However, with today’s updated model, we

estimate that fastest we can complete all

acquisition plans is within three trading

days.

“And now, the stocks of the four companies that we have acquired, Qualcomm, Apple, Weresoft, and General Motors, have risen by 4.9%, so we should issue a placard.”

Jasper raised his eyebrows and said, ” Issue a placard to these four companies and the United States Securities Regulatory Commission. At the same time, make an offer to buy these four companies with a stock premium of 30% o f the market value and see who’s willing t o sell.”

“I got it.” Jake nodded.

Half an hour later, JW Foundation

officially sent a placard to the United States Securities Regulatory Commission. At the same time, it raised placards for Qualcomm, Apple, Weresoft and General Motors. They also sent letters to the boards of directors of the four companies, as well as a personalized takeover offer for each of them.

As soon as this placard and the

acquisition was made public, the global

business community blew up.

The business community of the United.

States, in particular, felt great shame.

What were these four companies?

Qualcomm had the most patents in the

communication and integrated electronics industry in the world. It could be said that it had set the standard for the global communication industry. Now, whenever a communication equipment manufacturing company in any country o In this planet wanted to make a telephone o ra mobile phone, or even a computer, they had to obtain a license from Qualcomm and pay royalties to them.

companies, Qualcomm did not

Compared with those poor manufacturing manufacture a specific product at all. They only developed the latest patents

and technologies in their respective laboratories, and then used these

technologies to restrict other manufacturing companies. Whenever

someone wanted to make money in these two industries, they were forced give a large part of the profits to Qualcomm no matter who they were.

Meanwhile, Apple was the largest manufacturer of personal electronic devices!

And Weresoft was the world’s largest computer operating system service provider!

Lastly, General Motors was one of the

world’s largest appliance manufacturers

and automakers!

It could be said that these four companies were the pride of the United States modern industry, ranging from software t o hardware.

Now, a man from Somerland wanted to buy these four companies at the same time and even made an offer to buy them with great fanfare.

This made the people of the United States, who had always been bathed in the glory o f being the world’s largest power and the world’s only superpower, explode.

Life at the Top Chapter 1985

Life at the Top Chapter 1985

Sanctions! Soros felt a chill in his heart. He understood the meaning of the sanctions that came from the mouth of his Excellency on the phone. This meant that a country's government would be giving the highest form of punishment against an individual, enterprise, a force, or an interest group in other countries. It could completely and legally freeze all the assets of Jasper and JW Foundation in the United States. Once someone did that, it was not the same as merely falling out with Jasper. Most of the money in the JW Foundation had been collected from businessmen of Somer descent. Once all of them were frozen, Jasper would be finished, but this would definitely trigger Somerland's crazy revenge. This was because it meant that after more than ten years of reform and opening up i n Somerland, the elite class that made something for themselves through blood, sweat, and tears was being ransacked and being forced into bankruptcy overnight. Its negative impact on the entire social and economy of Somerland would be beyond words. Soros felt fear and trepidation in his heart. If it was half a month ago, he would not have cared at all. However, after causing chaos the financial market of Somerland for half a month, he had begun to understand that h e and even the United States had been facing a country that was as profound as Somerland. Everything that was easily obtainable in his original plans did not make much progress after half a month of torment, especially in the grain price trade war. As long as they bought, Somerland's domestic reserves group would ship. They would hedge it no matter how much it was, and this almost made Soros vomit blood. Soros parted his mouth slightly to try to persuade the person on the phone, but he came to his senses immediately. Wasn't the thing he wanted to see the most was Jasper being rid of? In that case, why should he object? Thus, Soros's words became, "Okay, I understand, Your Excellency. I will show you the results on the next trading day." "Very good." The person on the other end of the phone said lightly, "In terms of international influence, Somerland's domestic financial market does not account for much. Relatively speaking, its Harbor Stock has more influence and is gaining more attention. "It's only been a few years since the handover of Harbor City. If the Harbor stock market collapses at this time, then the whole world, including the people of Harbor City, will doubt Somerland's ability and national strength, and it is possible that some of the people of Harbor City will begin to miss being under the rule of the United Kingdom. In those days, at the very least, Harbor stocks wouldn't fall so badly, don't you think?" Soros immediately understood the meaning of these words upon hearing them. His eyes lit up involuntarily. How glorious he was when he caused the Terra financial crisis, but he had a big downfall in the Harbor stock market and wasted all of his effort as most of his life's prestige was ruined by this small island. It was impossible to say that he did not want to take revenge. And now, he had a chance. Now was the best time... Most of the top tycoons in Harbor City had fled and the remaining few had been drained by Jasper such that right now, they were at their weakest. "Your Excellency, are there any restrictions on the attacks on Harbor stocks?" Soros asked. The person on the other end of the phone said lightly, "What we want to see is only the final result. As for how you do it and what price you pay, it doesn't matter." "I got it." Soros breathed a sigh of relief, smiled, and answered confidently. This meant that he would have unlimited authority to attack Harbor City stocks, and the funds he had on hand could be fully mobilized to achieve this goal. Compared with the mainland A-shares, which had price limits, Harbor stocks which did not have any price limits and had looser regulatory policies like the United States financial stock market could ensure that their strength was not capped. By the time Soros ended his phone call with 'His Excellency', the United States financial market's trading today was over. "Mr. Laine, on the whole, we can say that we have achieved 75% of the planned acquisition target, but the use of funds is 1 0% higher than the original estimation. The main reason for this is that the participation of Morgan Investment Bank and the explosive power of the international hot money exceeded our expectations. "However, with today's updated model, we estimate that fastest we can complete all acquisition plans is within three trading days. "And now, the stocks of the four companies that we have acquired, Qualcomm, Apple, Weresoft, and General Motors, have risen by 4.9%, so we should issue a placard." Jasper raised his eyebrows and said, " Issue a placard to these four companies and the United States Securities Regulatory Commission. At the same time, make an offer to buy these four companies with a stock premium of 30% o f the market value and see who's willing t o sell." "I got it." Jake nodded. Half an hour later, JW Foundation officially sent a placard to the United States Securities Regulatory Commission. At the same time, it raised placards for Qualcomm, Apple, Weresoft and General Motors. They also sent letters to the boards of directors of the four companies, as well as a personalized takeover offer for each of them. As soon as this placard and the acquisition was made public, the global business community blew up. The business community of the United. States, in particular, felt great shame. What were these four companies? Qualcomm had the most patents in the communication and integrated electronics industry in the world. It could be said that it had set the standard for the global communication industry. Now, whenever a communication equipment manufacturing company in any country o In this planet wanted to make a telephone o ra mobile phone, or even a computer, they had to obtain a license from Qualcomm and pay royalties to them. companies, Qualcomm did not Compared with those poor manufacturing manufacture a specific product at all. They only developed the latest patents and technologies in their respective laboratories, and then used these technologies to restrict other manufacturing companies. Whenever someone wanted to make money in these two industries, they were forced give a large part of the profits to Qualcomm no matter who they were. Meanwhile, Apple was the largest manufacturer of personal electronic devices! And Weresoft was the world's largest computer operating system service provider! Lastly, General Motors was one of the world's largest appliance manufacturers and automakers! It could be said that these four companies were the pride of the United States modern industry, ranging from software t o hardware. Now, a man from Somerland wanted to buy these four companies at the same time and even made an offer to buy them with great fanfare. This made the people of the United States, who had always been bathed in the glory o f being the world's largest power and the world's only superpower, explode.

Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Options

not work with dark mode
Reset