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Chapter 1132 Crossing the river and demolishing the bridge

Since the day the betting agreement came into effect, the Nasdaq Index has risen like a rainbow, rising 1,300 points in just 36 trading days. The index not only crossed 4,000 points and 4,500 points, but also went straight to the integer psychological threshold of 5,000 points, which is a trend that it will quickly break through in the short term.

The entire market has entered a fever, and the financial elites on Wall Street are even more clamoring that the "value center" of Nasdaq should have been at 5,000 points. In the past few years, financiers around the world have ignored the purpose of the "American Dream" and underestimated the potential of the Internet technology stocks in the Nasdaq market. The current rise is closely related to the correction of valuation, and the real market is far from here...

Revitalize!

breakthrough!

go ahead!

Many positive comments like this have made financial experts around the world optimistic about the continued rise of the Nasdaq index. Some hedge fund tycoons with great influence have even come forward to declare that it does not take three years or even five years, and maybe next year there will be a chance to witness the great moment of the Nasdaq standing at tens of thousands of points!

The soaring index is a big deal for Wall Street.

As profits continue to rise, investment banks' returns have also risen. Anyone who thinks he is engaged in the financial industry has aspirations and hopes for salary increase, equity incentives, and invitations to partners.

But even though the Nasdaq continues to soar, for those top investment banks and investors who have signed a bet agreement in anticipation and hope to become Yahu Company's strategic partner at a discounted price, it is obviously a nightmare.

The purchase discount that could have been included in profits has a premium of up to 20% due to the effectiveness of the betting agreement. The nightmare annual report of the online broadcaster purchased by Yang Wenyuan spent a huge amount of money has caused the market to no longer recognize its stock price, completely banning its potential for rise. The independent institutions also took the opportunity to take advantage of the situation, believing that Yahu Company's valuation has been overvalued for a long time, causing its decline to suddenly open up, and the risk exposure has reached 30% in just one month!

Goldman Sachs, Lehman Brothers, and Bear Stearns, the top investment banks who were successfully lobbying by Yang Wenyuan naturally suddenly attacked the board of directors. Not only did they dismiss Yang Wenyuan, the CEO, but they also pushed David, who has always been behind the scenes, to the front.

Faced with such a vote, Yang Wenyuan was furious. He waved his fists and roared loudly. "Despicable! Shameless! Hooligan! You thought it was profitable and signed a bet agreement with that bastard! It was your greed that caused the current result! The loss of market value should not be borne by me. You are destroying the bridge across the river! Destroying the bridge across the river..."

In the voting venue with only dozens of seats, the representatives of Goldman Sachs were expressionless, the representatives of Lehman Brothers lit a cigarette, and the representatives of Bellstone waited for Yang Wenyuan's roar to come to an end, and then lazily raised his right hand.

"explain!"

"Yang! You understand the rules of Wall Street," said Bellstone's representative to see that Yang Wenyuan did not object, and shrugged and continued. "Yahu's market value has decreased by one quarter, which means that everyone here has shared a loss of nearly 30 billion US dollars! And this is still in the stage of the Nasdaq soaring! No matter how much contribution you have made to the company, such a responsibility must be taken down. Apart from you, who do you think is suitable for the losses of us investors?"

"Responsible? Why should I be responsible? The injection of online broadcaster assets has increased the company's market value by 20 billion yuan. I myself have not obtained any profit from it! You should know that the valuation of online broadcaster assets before being placed has exceeded 8 billion US dollars, which is 8 billion US dollars! I took all the risks in this transaction, but I did not enjoy any profit..."

The representative of Bellstone clenched his ear impatiently and tapped his fingers on the desktop. "Ok! Yang! Since the asset issue of the Online Broadcasting Light Department was mentioned, do you know that the online broadcasting company's Cuban chose to sell all of them after the equity delivery?"

Yang Wenyuan blushed, but he still said with a tough attitude. "Cuban did violate the verbal promise to me! It was his selling that caused the market value to be reduced. I will pursue this matter, but this matter itself has nothing to do with your treason and breaking the bridge across the river..."

"It doesn't matter? Are you kidding?" Bellstone's representative stood up, punched heavily on the table, staring at Yang Wenyuan's eyes and said angrily. "You also know that you have only reached an oral agreement with Kuban of the online broadcaster? Do you know that any clause of such an acquisition needs to be written into the agreement? Do you know the potential risks of the oral agreement? Is your lawyer an intern or a bastard whose lawyer's license has been revoked? Do you know how serious the information you concealed has caused? Do you still don't think you need to apologize for every investor present, admit your incompetence, and be responsible for your ignorance?"

"I am incompetent? Should I apologize? Without me, where was the founding of Yahu Company? Without me, how could you have the opportunity to hold Yahu Company's shares? Without me, you don't even have the qualifications to sit here and make a big fuss..."

All the topics have been voted on. The quarrels and debates in the conference room made David feel confused, helpless, and meaningless whisper between the hysterical Yang Wenyuan and the greedy and shameless Wall Street investment bank representatives. He quietly got up, left the conference room, lit a cigarette at the end of the corridor and smoked silently, and then took out his cell phone and dialed the phone number that he had already memorized.

"Hi! I am David of Yahu..."

Ran Ying was stunned for a moment before responding quickly. "David? Sorry, Mr. Fu may not be willing to handle official duties at this time..."

"I'm a little worried. I hope you can help me convey this immediately so that he can know..."

David's persistence made Ran Ying a little embarrassed.

Although he seemed to have improved a little these days, he still refused to handle any official business. Even if Mr. Ke’s phone call was not willing to answer, let alone talk to David, and finally said helplessly. "Sorry, I can guarantee that I will tell Mr. Fu what you said, but whether he is willing to call you back is unable to make a promise..."

"Okay, please help me convey the following message. Yang has been dismissed by the board of directors. I will become the new CEO of Yahu Company. I hope to communicate face to face with Mr. Fu as the trusted president of Yahu Company! No matter where he is, I am willing to rush over immediately..."

After saying this, Ran Ying had no choice but to agree helplessly.
Chapter completed!
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