206 consumes $2.5 billion!(1/2)
At the headquarters of Blackshirt Insurance Company, Wang Guanxi and others quietly waited for the Indians to take action.
Now the share price of aig Group has fallen to 363.00, reaching its lowest point today, but Indians are not taking action yet?
"Tm, are these Indians still holding back?" Huang Shaokai couldn't help but get angry. Their black shirt insurance company kept shorting on it, but the Indians just didn't take action. Now they have shorted 3 million shares. Fortunately, the black shirt insurance company stopped before.
"I guess I don't dare to take action anymore," Zhang Dexi also spoke.
Wang Juehao was also a little confused. Logically speaking, this Indian had already taken action and had not taken action yet. He said, "I don't know, just watch quietly."
Wu Zhankun said with great certainty: "The Indians will definitely take action. They may be observing whether the stock price of aig Group will fall below the 363.00 position!"
Now the stock price of aig Group is supported at 363.00, and retail investors in the market are selling or buying.
The bulls and shorts among retail investors are fighting in the range of 363.00 to 369.00.
Bai Weiqiang said impatiently: "The Indians still haven't taken action. If they take action, the stock price should break through the 370.00 position."
Huang Shaokai asked, "Boss, what tricks are this Indian playing?"
Zhang Dexi also asked: "Will the Indians be beaten to kneel down on Fannie Mai before and dare not come to stop us again?"
Wang Guanxi said lightly: "It shouldn't be the case. This Indian should be observing the support strength near the 363.00 position. If it can't fall, the Indians will take action."
Wu Zhankun said with a gloomy face: "Indians are really sinister and like to be old turtles who shrink their heads!"
Huang Shaokai said with some luck: "Fortunately, we just shorted 3 million shares before!"
Previously, Blackshirt Insurance Company shorted 3 million shares of Aig Group. Don’t underestimate these 3 million shares, it is worth $1.2 billion, which directly caused the share price of Aig Group to fall by $50.
Why did the Blackshirt Insurance Company stop shorting when the stock price fell to 363.00?
Just wait for the Indians to take action!
Currently, Blackshirt Insurance Company still has 2 million shares of American International Group in its hands and has not sold!
At this time, Wang Guanxi saw a message.
[Meisen Group's heavy holdings in Fang Limei lost more than billions of dollars]
Meisheng Group (legg inc., referred to as "Meisen"), was established in 1899. It is one of the largest asset management companies in the world, focusing on asset management business. It has a history of more than 100 years.
Meisheng Group has successfully established a strong heritage and currently manages the global stock and fixed income markets for more than US$998.5 billion.
But this is customer assets, not that its own assets have US$998.5 billion, it just manages customer assets.
The profits are handed over to customers, and they only charge a very small management fee every year, which is very low.
Meisheng Group and Citibank launched the qdii product in China in January 2008 - Meisheng Global Fund Series. This series includes six fund products focusing on investing in the global stock and fixed income markets.
Today, the tentacles of the Meisheng Group extend to all parts of the world, with business locations in the United States, Canada, the United Kingdom, France, Germany, Luxembourg, Spain, Poland, Australia, Japan, Hong Kong, Bay Island, Singapore, Chile and Brazil.
Its most recognized feature is its unique expertise in fund management.
It has many well-known investment management companies, focusing on their respective fields of expertise.
These investment management companies include Legg capital mason mapital ma).
Western assets[(wester).
Ruisi Investment
Brandy Global Investment Management
Beisi Fund Management
Baijun Financial Management
Meisheng International Stocks
Kelly Consultant.
Each investment management company is a 100% subsidiary of Meisheng.
Investors of Meisheng Group have the opportunity to invest in asset classes and their unique investment procedures and concepts that various investment management companies are good at, and can also invest in projects with potential value all over the world.
Meisheng Group is one of the world's largest asset management companies, specializing in asset management and is one of the world's leading asset management companies.
"I have to start an asset management company in the future!
This will control many, many assets and participate in many, many companies!
Although they are all customer assets and do not belong to me, I can control them!
Many maids can be arranged to serve as directors in major companies, and many excellent maids can be recruited."
Thinking of this, Wang Guanxi was very excited.
"This Meisheng Group has nearly $1 trillion in assets. After the financial tsunami, global stock markets plummeted for several months, and their losses were also very heavy!
In the future, I can buy many good assets in Meisheng Group, such as the equity of some small and medium-sized banks in the United States."
"And I still remember that Meisheng Group is also a major shareholder of American International Group."
"This time the US government took over Fannie Mae, causing heavy losses to Meisheng Group. However, after the financial tsunami, the US government plans to take over American International Group and inject nearly $90 billion into aig Group.
In the end, the US International Group sold its assets frantically in order to save itself and to repay the US government's money. The share price of the US International Group also fell terrible."
"This Meisheng Group is also unlucky enough. Not only is it dragged into the water by Fannie Mae now, but it is also dragged into the water by American International Group in the future."
"Assets were redeemed by customers for more than $60 billion"
This requires selling a lot of assets and cashing out cash.
···
At this moment, Bill Miller, the president of the MiSheng Group headquarters in New York, USA, fell into deep thought as he looked at the stock trend chart of the Aig Group.
Has something happened to aig Group?
impossible!
Meisheng Group is also a major shareholder of aig Group. Of course, this major shareholder does not hold a large number of shares, which is only 20 million shares.
It is worth US$7.26 billion, which has shrunk a lot.
Last year, in 2007, the share price of aig Group was still $1,200 per share. At that time, the 20 million shares were worth $24 billion, but this year the share price fell to $400 per share, and now it has fallen to $363.00 per share, a historical low.
The US stock market is basically rising tonight, but the Aig Group's stock was sold!
At this time a news came out.
[Former AIGeorg, Greenberg, may accept a fine of $100 million]
Greenberg, former chairman of Aig, could accept a fine of at least $100 million as part of a settlement with the New York State Attorney General's office against his civil fraud allegations, which also signaled that the long-lasting tug-of-war between the two parties had begun to come to an end.
The lawsuit against Greenberg was initiated by former New York Attorney General Spitzer, known as the "Wall Street Integrity Fighter", which was caused by the former being involved in Aig's financial fraud case in 2005!
This fraud case that caused a sensation in the world also directly led to the "godfather of insurance" Greenberg's resignation that year.
In 2006, Aig and the authorities reached a sky-high settlement of $1.64 billion.
Meanwhile, several criminal charges against Greenberg and another company executive were also cancelled, but civil charges against the two of them "unfairly whitewashing the company's performance" continued, while Greenberg has always insisted that he was not at fault.
The above-mentioned person familiar with the matter said that in addition to the fine, the prosecution and defense are also discussing the wording that the final settlement plan will be used.
This made Bill Miller frown.
Meisheng Group and Aig Group have cooperation and have also established directors in Aig Group, but Aig Group has so many directors and their power in Aig Group is limited.
This time, the Indian Tata Consortium came in and everyone worked together.
Originally, Indians planned to buy stocks, and everyone agreed to work together on the board of directors of aig Group!
Thinking of this, Bill Miller called Ratan Tata of the Tata Consortium, one of the heirs of the Indian Tata Consortium!
The phone call was quickly answered, and Bill Miller asked: "Ratan Tata, aren't you planning to buy Aig Group's shares? The stock price has fallen a lot now, you can buy it."
Ratan Tata said on the phone: "Mr. Miller, I was planning to buy it, but I didn't expect your phone to come."
After chatting for a few words, the phone ended.
Bill Miller sat in the boss's chair and pondered, but when he saw Fannie Mae's stock price fell below $1.00 per share, his face suddenly became very gloomy.
This time, the 200 million shares they held were cleared, but they have not finished clearing up now. I have lost a lot of money.
It is understandable that Fannie Mae's stock price has fallen badly, but if he still loses money on Aig Group's stock, he will feel uncomfortable.
··
At this moment, the Indian Industrial Credit Investment Bank, Ratan Tata, saw that the share price of aig Group stabilized at 363.00 and could no longer fall, and was extremely excited!
"Haha, these Chinese idiots suddenly smashed their stock price to $363.00 per share. Isn't this a death sentence?"
The 363.00 position is today's lowest point!
“Buy it!”
"You can buy Ratan Tata"
Sandep Batra and Nehru urged.
"Don't worry, I understand." Ratan Tata immediately started buying!
Buy 10,000 shares at a time!
To be continued...