Ch. 1361..1370
Life at the Top Chapter 1361
“It’s impossible for them to fight against the United States in the local war.
“With a single strike, nothing would be left, and their homeland would be destroyed. Therefore, it was reasonable that they targeted the United States’ territory.”
Jasper did not talk much about this. He thought for a while, then he stood up.
“Alright, enough with the entertainment, it’s time to look at our good harvests.”
A video call request rang out loudly right after.
Jasper accepted the call, and, as he expected, it was Jake. On the screen, jake was exhilarated to the extent that his face had reddened.
“Mr. Laine, you won’t believe it. Oh my God, there was a plane collision at the World Trade Centre and the Pentagon in the United States. Two more minutes till the stock market opens!”
Jasper was in a good mood, and replied, “I know, this is our long-awaited chance. Quickly get everyone ready, we don’t have to do anything, just wait to get paid.”
“Yes, yes Sir!”
Jake was so excited that he could not even talk properly.
Before this, most of the traders in Jasper’s team were pessimistic toward his actions at the time.
Being one of Harbor City’s top trading teams, their professionalism was nothing scoff at.
Any one of them would have been aware of the current economic situation, so the fact that Jasper predicted that the United States stock market would drop drastically was as unbelievable as announcing that the aliens were going to invade the Earth the next day.
But!
It happened right before their eyes.
When they received the news of what happened in the New York City of the United States, the first thing that came into their mind was fear. Was their boss a human or a ghost?
How was he able to predict this?!
Even so, there was no time to think too ruuch as the stock market was opening soon.
Everyone shared the same thought.
They had planned the deployment strategies for half a month and amassed a total sum of 2.5 billion US Dollars. How much could they stand to gain this time? Those were numbers that no one could have ever imagined.
Counting down till the market opened, in Harbor City at Atticus’s home.
Fabian sat on the sofa, his face expressionless. However, anyone was able to see that he was agitated from the slight tremor of his hands resting on his knees.
In front of him was the outraged Morrison.
“F*ck!”
“F*ck!”
Morrison was swearing with distorted facial expressions, like a hideous demon.
“How is this possiblel? Jasper was going to die, then this happened!”
“Unbelievable!”
“Is even God helping Jasper?!”
A whole load of ranting and cursing got on Fabian’s nerves.
“Enough!”
A loud yell shut Morrison up.
Fabian took a deep breath, calmed himself down, and spoke to Morrison, “I’m sorry for being rude, but yelling can’t change anything now.”
“What now?” Morrison asked and gritted his teeth, suppressing his anger.
Regardless of the situation, Morrison’s confidence recovered a little when he saw Fabian’s calmness.
Life at the Top Chapter 1362
“There’re two things we have to do now.”
“First, get in touch with all the connections you have in the United States, find out the how serious the aftermath of this incident is.”
“Second, I’ll ask my men to place a stop-loss order to limit our losses as much as possible.”
Fabian was slightly parched by the time he stopped talking. He had just set aside his nervousness and anger, but now they suddenly returned with a vengeance. “All of our funds were invested in the hedged orders that ran against Jasper. It was natural for the stock market index to fall since something big just happened there.”
“What we can do now is to sell it off, and sell as much as we can. We can’t afford to lose that much money.”
Morrison’s face took on a ghastly expression when he recalled the disastrous amount of funds he had invested in the stock market.
“I made calls, but I either couldn’t get through, or they didn’t know the answer.”
“But I can confirm that the President of the United States is already aware of the incident.”
“The United States is on high alert, the ruilitary forces deployed three fleets of fully loaded aircraft carrier while six fleets of combat aircraft are already on guard. One third of the entire country’s missile silo were on standby to be launched.”
Morrison, given with his high social status, shuddered with fear after he said that.
Fabian closed his eyes when he heard this, at this moment, he felt as if the whole world and his eyes fell into darkness.
“It’s open.”
Fabian opened his eyes once his trader reminded him.
Fabian’s and Morrison’s gazes fell onto the big screen at the same time.
“New York Securities Exchange, Nasdaq Securities Exchange, and the United States Securities Exchange are opening at the same time.”
“When the three largest stock exchanges opened at the same time, thousands of stocks began falling sharply at the same time!”
“Drop! Drop! Drop!”
“As we can see, every stock is falling. A dismal performance by the stock market that is filled with red, nothing is moving upward!”
“The wealth is gone. Wealth that the United States had accumulated over hundreds of years is disappearing rapidly every single minute!”
“This is the darkest day in United States’ history! A painful point in modern economic history!”
“The wealth of the United States stockholders are declining while the massive numbers are rippling through the whole world’s economy. This means global wealth is decreasing as a whole!”
The financial reporter’s pessimistic voice was aired on the television.
However, Jasper and Henry were celebrating.
“Indeed, one of the easiest way to get rich is from war.” Henry was still excited and thrilled.
It was none of his business that the United States was losing their money. He even wished that more of their money was lost.
The more they lost, the more profit Jasper and he could gain.
“Mr. Laine, here’s the data!”
The video call had not ended, and Jake’s voice was filled with excitement as it resonated through the phone.
“Five minutes after the market opened, Nasdaq fell 1200 points and Dow Jones lost 1800 points. It’s still falling rapidly!”
“The whole stock market is selling off stocks now. Everyone is selling crazily, but no one is buying them!”
After Jasper heard his, he opened his backstage account. He saw the unified management backstage managing hundreds of trading accounts clearly displaying that the overall process had turned his losses into profits. It took only five minutes to gain back the losses of billions of US Dollars that he had previously deployed. He even gained a few millions of profit!
Moreover, the numbers were still rolling. Each shift was quickly credited into the account.
If Jasper wanted to, he could choose to close the position at any time, and the profit gained would be credited into the account immediately.
Life at the Top Chapter 1363
However, Jasper was not foolish enough to sell it off now.
“Phew.”
Jasper let out a sigh of relief as he laid his back on the executive chair.
It was undeniable that he had been under a lot of stress during this period.
At last, everything came to light, and there was rainbow after the storm!
“F*ck! Money, tons of money!”
Henry’s eyes shone as he stood beside Jasper and watched the numbers roll. He could not help but feel his heart racing.
Born into the Law family, Henry had no idea about the concept of money. They were just numbers to him. However, he knew that when the numbers reached a certain level, qualitative changes could happen. No one would have rejected an increase in wealth, or the number of digits getting longer.
“How much is being put into my account every minute?” Henry asked Jasper excitedly.
“Based on the one hundred million that you invested, approximately 50 million gained every minute.” Jasper smiled.
“Fck! fck! f*ck!”
Henry whined.
“If I knew about this earlier, I’d get a loan from the loan sharks!”
Jasper’s profit was coming in insanely quick. Meanwhile, Fabian, who bought orders before the market opened, was suffering massive losses.
“Liquidation!”
“Mr. Atticus, another account is being liquidated!”
Since he was acting against Jasper, Fabian needed more than one account to control so many funds. Hence, he created hundreds of account to hedge by betting against Jasper.
Hedging was a process whereby Fabian bought everything Jasper sold.
In essence, they were offsetting each other on the book.
Now, the profitable position which could gain profit every single minute and second that he had bought a day ago had turned into a deadly poison.
Five minutes after the market opened, 28 of Fabian’s accounts were liquidated.
“Son of a b*tch!” Fabian cursed in rage.
At this moment, Mitch’s face was pale white. He hurried over once he received the news.
He crumpled on the sofa, and spoke to Fabian suddenly, “Mr. Atticus, what should we do? The Dow Jones Index fell 1800 points since it was opened. Based on the situation, it’s possible that it might fall to 3000 points in a day. What, what should we do?”
“Once it drop more than 2000 points, all of our funds will be liquidated. Mr. Atticus, it’s a total of 30 billion of Harbor Dollars!”
“I’m not f*cking blind, you don’t have to remind me about that!”
Fabian snapped his head around and yelled in annoyance as if a human eating demon was glaring at Mitch.
Fabian was unable to hold back his emotions anymore. His trembling hands showed that he was panicking too. Morrison, who was beside him, had just ended the phone call and walked over, his face pale white.
“My father just called me. He told me he’s at the headquarters attending a meeting discussing the measures against this incident now. He didn’t have the time to tell me more about it, he just warned me to get away immediately. No one can stop the plunge of the stock market.”
“Get away!?”
Fabian sneered, and gritted his teeth, “How…?!”
“Everything is falling apart now and we’re standing right in the middle of it. There is no way we can get away!”
“Deposit additional funds!”
Fabian suddenly yelled, his bloodshot eyes as he shouted crazily, “I don’t believe that the officials in the United States and Federal Reserve will simply watch the stock market crash. They’ll definitely bailout the stock market. I’m betting on this! Deposit funds into the margin account to prevent a margin call!”
Life at the Top Chapter 1364
Fabian’s decision caused Mitch to fall into a state of despair.
Fabian’s stock traders were extremely qualified, and they were able to calculate the figure in the shortest time possible.
“If you want to prevent the position from collapsing, according to the trend of the call, I think you have to add on about 500 million US Dollars.”
“Moreover, this is before the United States government and Federal Reserve fall to 2500 points on the Dow Jones Index, and before a successful market rescue.”
When Mitch heard this, his face turned pale.
“500 million US Dollars is 4 billion Harbor Dollars. I-It’s so much money…”
Back then, Mitch had already thrown in 2 billion Harbor Dollars, so he had nothing left.
He only got that sum because he went behind his family’s back and put up some of his family assets as collateral.
Now, he would need so much money just to stay afloat. Even though 4 billion Harbor Dollars was the total amount, and he would not need to spend so much himself, he still could not gather that much money.
At that moment, Mitch was looking at Fabian as if he was asking for help. He said, “Mr. Atticus, y-you can’t leave me to die.”
Fabian looked at Mitch coldly. Even though he wanted to kick this useless thing away, his instinct told him that this was not the time to have internal strife or abandon his allies.
Even if his ally was useless, he still had to think of a way of helping him.
“After the division, you’ll need to take out about 700 million Harbor Dollars for the cover up. How much can you provide?”
Fabian’s words gave Mitch a spark of hope. However, he blushed soon after and said in embarrassment, “I-I think I can take out 50 million at the most.”
“50 million?”
Fabian started laughing out of anger.
“Mitch, I have to put in at least 2 billion Harbor Dollars. Is that 50 million a joke?”
Mitch said with a lamentable look, “Mr. Atticus, I’m not you, nor I do not possess remarkable abilities. You know how much money I have. The money I put in is the money I got from putting up my stocks as collateral.”
“This is too much. I can’t help you with this.” Fabian gritted his teeth.
Fabian was betting that the United States Government and Federal Reserve would save the market.
However, he did not know if, when, and whether they even could.
If they failed, he would lose the money that he put up as a cover up.
Besides this, he would also lose the money that he set aside to help Mitch.
“Mr. Atticus, you have to help me. If my family learns about this, I’ll be dead meat!” Mitch was panicking and he yelled.
Fabian gritted his teeth and took two steps forward. He said, “Conrad will come back in a bit. When he’s back, go to him and dissect this issue with him. I think he should be okay with paying for you.”
“That Mainlander?” Mitch was stunned.
“You’re in such a horrible position, yet you’re looking down on people from Mainland?” Fabian chuckled coldly. “He has the most money now and I think he should help you out of respect for me.
“However, he’s a businessman, so he won’t give money without some benefit on his side. If he has any requirements, just agree to them so long as they are not too extreme.”
“When we turn this situation around, you’ll be doing whatever you want, right?”
Fabian’ s hinting statement caused Mitch’s eyes to brighten.
Yes, he was at a dead end now. He would definitely run out of money unless he was honest with his family.
Life at the Top Chapter 1365
However, if he told his family the truth and they discovered that he put up the stocks his family gave him as collateral, his family might very well kill him.
On the other hand, it would be different with Conrad. Mitch would say yes no matter what the requirements were. He was just Mr. Atticus’ dog, so once he turned this situation around, it was unlikely that Conrad would trouble him again.
When Mitch thought about this, he looked much better. “I understand. Thank you, Mr. Atticus! ” Mitch said with gratitude.
“Go contact Conrad and tell him to come back as soon as possible.”
Fabian turned around and ordered his subordinates. After saying that, Fabian walked to Morrison and said through gritted teeth, “The situation right now is challenging, so we have to cooperate whole heartedly. If not, no one will be able to walk away from this unscathed.”
Morrison also had an unpleasant look on his face. Morrison and Fabian contributed the most money this time. Meanwhile, a lot of the money Morrison used were funds from his investment bank.
If this matter came to light, he would lose his position as the president of the Terra regional branch; Layman Investment Bank might even throw him into jail.
If Layman Investment Bank was enraged, the fact that his father was the president of the Quantum Fund would be irrelevant.
After Morrison took a deep breath, he gritted his teeth and said, “That bastard, Jasper! How did he predict this?”
Celine wanted to ask this question as well. When she got the news, she was in a meeting.
This major event caused Celine to end her meeting immediately. She knew the higher ups from the investment bank would immediately want to start discussing countermeasures for dealing with the situation.
The stock market plummeted and the ones who would bear the brunt of it would be the investment banks that held investments everywhere.
This was a very serious crisis for investment banks. After all, investment banks would make money from investments, and those properties they invested in would lose money when they were faced with a financial crisis.
Sure enough, when Celine got back to the office, she received a special purpose phone call from Paulson, the president.
“Miss Maynard, I believe you’re already aware of what happened in the United States.” Paulson’s tone sounded serious.
Celine nodded and said, “Yes, but I don’t know the details. Sir, how bad is it this time?”
Paulson removed his glasses and wiped them with a piece of cloth. He said, “The higher- ups are in an emergency discussion right now. The country is in a state of emergency. I can only tell you that this is even more serious than anyone can imagine.
“Let’s not talk about this. Right now, our investment bank is starting to lose money. Moreover, the loss will only grow as time goes by. The chairman is preparing to host a meeting. In ten minutes time, I’ll report the situation to the board of directors and also the shareholders.”
“Before that, I hope you can do something for me, Miss Maynard.”
Celine nodded, “Please tell me…”
“I hope to meet and talk to Jasper.”
Celine frowned slightly and said, “I don’t think he has the time for such a thing during this critical period.”
“That’s why I need your help. You have to know that the shareholders are suddenly very interested in Jasper. I think the only person in the world who’ll benefit from this might be your friend.”
“According to the investment bank analysts’ predictions, Jasper could make a profit of at least 10 billion US Dollars from this.”
Even though Celine had been prepared for such a thing, she was still shocked to her core when she heard the figure.
Life at the Top Chapter 1366
Before the market opened today, the fellow who was being mocked and called insane by half of the Wall Street had quietly accomplished such a scary and big capital deployment strategy.
An astounding comeback, with a profit of 10 billion US Dollars!?
What kind of idea was this?
Converted, it would be 80 billion of Somer Dollars! Celine would not have believed it if she did not see it for herself. However, Celine felt as if she was dreaming.
‘That guy… how he did that!?’
“You have to know, the seniors in the Investment Bank, myself included, were not optimistic toward Jasper’s stupid behavior before this. But his countertrend strategies are now known as him seeing into the future.”
“I wish to talk to him. When you speak to him, please let him realize how important this matter is. You have to understand, it happened in the land of the United States, and they are suffering from the biggest terrorist attack ever.”
“Yes, there’s nothing wrong in making money, but making too much of it will result in a series of repercussions. The senior officials of the United States are being sensitive, and you know what I mean by that.”
Some time after the call ended, Celine had yet to recover from Paulson’s cautionary statements.
She knew what Paulson was implying.
Jasper making so much money would attract the attention of Wall Street and the senior officials of the United States.
Getting this kind of attention during such a sensitive period was probably not a good idea.
Currently, Jasper, who was in Nauritus City, certainly had no idea things were escalating quickly.
The television was broadcasting the rescue efforts after the incident The location was a scene of horror, with bodies and debris everywhere.
The surrounding skyscrapers were still standing, but no one would have believed that this was the world’s most important financial center, the New York City. They would have thought that such a chaotic scene was taking place somewhere else.
“Mr, Laine, the Dow Jones Index plunge is slowing down, but the stock market is still in free fall.”
Jasper nodded and told Jake, “Before the officials release the news and response measures, the stock market will not stop plunging. All you have to do now is observe if anything happens on the stock market.”
“More than 2 billion US Dollars gained.”
Suddenly, Henry who was beside him, let out a cry of excitement after suppressing it for so long.
Jasper turned around and look at the computer screen which displayed that the accounting system profits. Right now, it had officially exceeded 2 billion US Dollars.
He blinked his eyes and another 280 thousand US Dollars were added.
Converted into Somer Dollars, and based on the housing prices there, a oceanfront property could be bought in the blink of an eye. There was no other way one could make money any faster than this.
Jasper let out a sigh.
With a capital of 3 billion US Dollars, 2.5 billion was invested, and now the profit gained was 2 billion, which was nearly a 70% increase.
“Covering position! Mr. Laine, those who were against us are covering their position!”
In the situation where everyone was selling off their stocks, the buy order stood out like a sore thumb. Besides, Jake and his team were keeping a close eye on the changes in the stock market, so the moment when Fabian began covering his position, they spotted it.
Jasper pulled out the relevant data immediately.
On the display panel, the buy order stood in clear defiance to the hundreds of others who were desperately selling. Jasper smiled. “Looks like this 200 million US Dollars is just the beginning. There’s more to come.”
“Let them cover it.”
Life at the Top Chapter 1367
Jasper chuckled and said, “They’re pinning their hopes on the United States government and Federal Reserve, assuming that they will bail out the stock market. They’re betting on this.”
“Aren’t they going to do so?” Henry asked curiously.”
“They will. The officials from the United States and Federal Reserve will not sit by and watch the capital wealth of the United States disappear.”
Jasper slightly narrowed his eyes, and thought of what he had experienced in the past life, then said, “If my predictions are correct, the bailout plan will come out latest by tomorrow, but it’ll be difficult to stop the trend.”
Usually, only the United States was able to play others for suckers, but now it was different.
A terrorist attack that shocked the whole world had exposed the weak nature of the United States financial system.
Rapid development and economic prosperous that came from plundering others was nothing more than a façade.
However, the United States was still a strong country at the end of the day. Even though someone else did realize this, no one would take the risk of offending the United States and Wall Street to exploit them.
It was because Wall Street covered up for the United States, so in a way, Wall Street itself was the biggest exploiter in the world.
Despite this, things were different now. The terrorist attack had caught the United States off guard, It was like drilling a wound into a giant’s body.
The leeches that had long been oppressed would give their lives to pounce on the wound to take a sip of the blood. Jasper was the first one to do so.
His early entry allowed him to take the best position, destined to drink up the sweetest of the blood.
“Ordinary people would see this as a terrorist attack, but the financial and political game behind the incident was the real chaos. We had nothing to do with the politics, but you can understand the financial games just by looking at it.”
“Oh, sh*t, my father is calling,” Henry shouted and ran to the other side to pick up his phone call. Looking at his excited face, he probably was going to show off.
Jasper smiled and ignored him, then discussed the current situation with Jake.
While he was talking, Jasper’s phone rang. It was an unknown number. Jasper picked up the phone.
“I’m Jasper.”
Conrad’s voice came from the other end of the phone line.
“Congratulations.”
Jasper replied coldly, “You’re using the secret number just to congratulate me?”
“Sure enough, I was right. Everyone looked down on you. From now on, I’m afraid that even mentioning your name will cause terrible nightmares for the financial titans.”
“That’s a stretch,” Jasper replied blandly. “I’m just making some money. I never thought of becoming anyone’s nightmare.”
“Let’s get down to business. Are you interested in planting a secret agent in Harbor City?”
Conrad’s words made Jasper raise his brow.
He did not respond. Meanwhile, Conrad continued to chatter away.
“Mitch called me for a loan. He borrowed a sum of 1 billion Harbor Dollars to prevent the margin call. He got some shares in Fabian’s investment, and you know the current market situation. The hunter has now become the hunted.”
His agreement was that he would transfer over 3.5% of his family’s core assets that were under his name.“
Jasper thought about it and said, “The value of 3.5% of main assets shares of the Langdons family is only 1 billion Harbor Dollars?”
“Based on the total sum 3 billion Harbor Dollars, I‘ll have to pay 2 billion of the bank’s mortgage loan on behalf of him,” Conrad said.
After Jasper heard this, something caught his interest. This was a rare opportunity.
Life at the Top Chapter 1368
Everyone knew that money could buy many things, but some things could not be bought with just money. Not when the premium reached a certain point.
For example, the stocks in Langdon’s foundation that by Wallace Langdon created could not be measured with the market price. It was because the Langdon family would not sell their shares.
It was like if someone came to buy the JW’s shares, Jasper would probably answer them with a simple sentence f*ck off. This was not about the money, but the title of the core assets could not ever be put at risks.
It was not much with 3.5% of the shares, not enough to influence any decisions made by the Langdon family.
However, it would forever be a thorn that was embedded deep within the Langdon family’s decision. Usually, a chance like this would never surface, but the opportunity was now presenting itself to Jasper.
“Don’t you want it?” Jasper asked.
It seemed like Conrad had expected Jasper to ask something like this, as he replied honestly, “If you’re in my position, would you take it?”
He did not wait for Jasper‘s answer before he continued to speak, “The waters are deep in Harbor City. Owning the Langdon family’s core assets shares is a good thing, but it also depends if you’re destined to have it. In my opinion, it’s not a glass of wine but deadly arsenic.
“I don’t have any background in Harbor City, and even the rich people in Harbor City would not simply take the shares of the Langdon family.”
“The ones that are truly interested are the ones who can talk to the Langdon family, and clearly, I’m no such person. That’s why I’m thinking of selling it to you as a favor.”
What Conrad said was reasonable. Jasper could not see any loopholes in his argument.
Jasper laughed. “Do you think of me that highly? The Langdon family is one of the four richest families in Harbor City, the shares are a hot potato for me too. “Jasper shared Conrad’s concern.
The point was, it would be useless even if Jasper took it. He was not interested in the Langdon family’s assets. The Langdon family’s assets were all over the Golden Peninsula. They made their fortune through producing rubber, and were one of the five biggest rubber making companies. With this commodity as their core, they spread out to property, logistics, construction, and financial securities, and other markets.
Jasper had nothing to do with all those sectors except for the last two.
Holding shares of the Langdon family was stepping on the Langdon family‘s tail, there was no doubt that the family would turn against him.
Considering all this, the benefits were low while the short term riskwas too high. Although the long term returns were good, it required too much investment, which did not make it worthwhile.
However, Jasper was still interested in it.
As Jasper thought of the reasons why it would be trouble for him to hold the shares, he realized that these problems would not exist to other individuals. Jasper unconsciously looked at Henry who was not far away as he excitedly bragged on the phone.
Conrad’s voice interrupted his thoughts.
“It’s your business whether or not you regard it as a hot potato. Now you’ll only have to give me an answer, do you want shares or not?”
“Do I have to pay for it?” Jasper asked.
“Easy, 3 billion Harbor Dollars. These are not for me, they’re for Mitch.”
Life at the Top Chapter 1369
“Deal.”
Jasper said yes without hesitation.
Conrad seemed to be relieved on the other end of the call, then replied, “Alright, I’ll send a contract to you as soon as possible.”
After hanging up the call, Jasper stood up and patted Henry’s shoulder, smiled, and said, “Give me your phone, I’d like to discuss something with your father.”
Harbor City, inside a car parked at the entrance to Fabian’s villa, Conrad put away his phone and let out a sigh of relief.
“Finally getting rid of the hot potato.”
Sitting on the driver seat, Valentine turned his head around and asked, “Mr. Monty, why didn’t you reject Mitch just now since he’s putting us on the spot?”
Conrad sneered, and replied, “Mitch appears to be polite, but look at his attitude, are we allowed to say no? To be honest, he’s just hard selling, regardless of whether we want the shares or not, we still have to get the money for him.”
“Mitch’s purpose was not to sell the shares, he just wanted the money.”
Valentine gasped and recalled the scene from half an hour ago. The harshness in Mitch’s normally gentle attitude was unlike someone who came looking for a loan. Instead, he looked like someone ready to commit robbery.
At the thought of this, Valentine spoke, “If we said yes, would Mitch be willing to transfer the shares?”
“What do you think? Does Mitch have the guts to sell his portion of the Langdon family’s core asset?
“The situation is critical now, if he doesn’t cover his position, all of the funds he invested would be gone, and Fabian wouldn’t even give a sh*t about him. Therefore, he had to cover it, it’d be easy if Fabian turn it around and beat Jasper, but will Mitch let go of his shares so easily if they lose?”
There was a gleam in Valentine’s eyes. He complimented Conrad, “Looks like it’s a wise choice leaving it to Jasper.”
“We’re the weakest one out of all of them, so that’s what we had to do. If I were strong enough, would I have given Jasper something as precious as the 3.5% shares of the Langdon family’s asset?”
“Unfortunately, I’m afraid there’ll be no such chance again in the future.” Conrad stared at the brightly lit villa and gave out a long sigh.
“Mr. Monty, I believe you’ll rise one day.”
Valentine’s determined words made Conrad let out a laugh, his heart slightly warmed.
“For example, look at the others. Mitch came from an extraordinary background while Fabian is good at investing, but that doesn’t mean anything. After all, they’re suffering more than us now.”
Conrad chuckled, his worries were set aside. Then, he opened the car door and said, “Let’s go, we have to finish our act.”
Inside the villa, the table was full of dishes but nobody was sitting there.
Fabian sat on the sofa, his face dull and sullen while Morrison was on his third bottle of red wine. The drinking was not for celebration, but rather to soothe his frustration.
“Mr. Atticus, the Dow Jones Index is still failing. More than half of the funds that we deposited were used up. If this situation continues, we won’t be able to defend ourselves anymore.”
He took a glance at the falling trend on the screen. It looked like the sky was falling as if it was an endless decline, as if it would continue to fall until it burst out of the screen.
Morrison was growing more frustrated. He lifted his head and gulped down another glass of wine.
“Continue to maintain it. Place sell orders, and trade to stop our losses. We must hold on until the bailout plans is announced!” Fabian growled with reddened eyes.
Life at the Top Chapter 1370
”Jasper, is this true?”
Zachary’s surprised tone was heard on the phone. Jasper had told Zachary about Mitch selling off his 3.5% shares of his family’s core assets a moment ago.
Jasper smiled. “Of course it’s real. I can’t do anything with these shares, but I suppose it’ll come in handy for the Law family. Therefore, I took the liberty to say yes for you. You won’t blame me right, Uncle Law?”
Zachary laughed. “Not at all, I would have to thank you first.”
The gift Jasper brought for Zachary made him rejoice internally.
The Langdon family’s core assets were not valuable to Jasper, as the costs they bore were way too troublesome. Based on the current situation, it was unrealistic for Jasper to be tempted to do anything with the Langdon family’s assets while owning just 3.5% of the shares. However, it would be different if it was in the Law family’s hand.
They were among the four richest families, while the Law family’s wealthy heritage was deeper than Langdon’s family. They ate from the same bowl, and even though it appeared that they were harmonious, they always had to remain cautious of each other.
Considering the four big families’ situation, it was almost unrealistic for them to obtain each other’s core assets.
However, Jasper gave him the chance to do just that.
“After the Law family infiltrates them, they’ll be forced to act defensively. Things will be hard for that fellow, Kennedy.” Zachary was laughing out loud.
Jasper chuckled and said, “That’s good, I’ll arrange the transfer of shares after this. I’ll personally deliver it to Uncle Law once I get it.”
Zachary was a sharp person, Jasper only briefly explained to him what happened, but be instantly recognized that things might be trickier than they first appeared.
“I’m afraid that Mitch isn’t going to give the shares away so easily.”
Jasper answered, “It’ll be fine as long as this doesn’t involve the elders of the Langdon family. It’ll only involve Mitch, so there won’t be a problem.”
Zachary nodded and said, “Fine, Mitch is the younger generation. I shall not intervene, but if Kennedy steps in, I won’t sit by and do nothing.”
Obviously, the Law family would not sit back and watch, they were the biggest beneficiary of this deal, after all.
For so many years, the Law family did think of infiltrating the other three families, but this was simply because the chance never presented itself.
Now that it was set before him on a silver platter, Zachary was not going to pass it up.
It was worth it even though he would have to fight against the Langdon family.
After ending the call with Zachary, Jasper turned and sat in front of the computer.
“Jake, please tell me how our opponents are doing now.”
Jake’s cheerful voice came out from the computer. “They’re still covering their positions, but they’re obviously running out of funds. They’re currently giving up some accounts with less valuable stocks. They are constantly being forced to liquidate before closing the positions. They’re saving their funds to protect the heavier stocks.”
“Based on our analysis and calculations, their invested funds were more than we had expected. They invested a total of 600 million US Dollars before the market closed yesterday without anyone noticing. We just found out about it.”
“It was clear that the 600 million US Dollars was used to defeat us in a one off today, but after the crashing of the Dow Jones Index, this 600 million US Dollars soon became their biggest burden.”
“Their overall trading volume was around 2.4 billion US Dollars. After amending the errors which should be no more than 200 million US Dollars, and adding in the funds that they’ve used to cover their position, their total trading volume was nearly 3 billion. Today they lost 1 billion US Dollars in total.”
Jasper shot a glance at his accounts system.