Chapter 40: Blowing the Horn of Counterattack(1/2)
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Tao Xi is a very nostalgic person.
Gerry Lively has always thought so.
Otherwise, it makes no sense that a street photographer could become the CEO of Reuters, one of the world's four major news agencies, at the age of 33 by virtue of working as a photographer for ABC for a while.
Does Reuters have a high status in the world?
As of the end of 1988, Reuters was present in 123 countries around the world. As long as it was news, there was nothing that it did not cover. There were about 40,000 official news sources in the UK every day, but Reuters accounted for 40%.
In addition, the integrated Reuters has the unconditional support of CBS and the newly merged United Press International.
Of the four major international news agencies, Reuters accounts for two.
There is nothing wrong with saying that Reuters today was the strongest news source in 1989.
So when he received the call from Kedry, he was not worried at all about whether he could spread the news in the shortest time. Instead, he was a little worried about whether Japan's economy would collapse because of him!
"News 1 team will distribute the [Japanese Economic Report] we compiled in the shortest possible time. As long as newspapers and TV stations that have cooperated with us in providing articles require them to distribute it!"
"News Team 2, let our free media publish all the [Analysis of Japan's Economic Recession] and [Remarks on Japan's House Price Collapse] that we have compiled. I will give them 20 minutes to make this news public!"
"News Team 3, connect all the branches in Southeast Asia. If they don't want to burn their heads in my third month here, let them use all their strength to build momentum for us!"
"News 4 Team..."
Gerry Lively organized the [Temporary News Team] in Japan in an orderly manner.
Nearly 25,000 Reuters employees around the world also started their work based on his instructions.
Journalists around the world are like a big net that slowly covers all the people.
...
"The sell orders now are much higher than the buy orders we have, and it's like all the stocks are selling off at the same time."
"We have a total of 45 blue chip stocks in our hands. Among them, Mitsubishi Manufacturing, NTT Communications, and Toshiba Manufacturing have the most sell orders. These three stocks alone have taken up nearly 12% of our funds."
Soros frowned and looked seriously at all the data on the big screen of the Tokyo Stock Exchange.
The middle finger of his left hand kept tapping the table, making a "dong dong dong" sound. All the operators and analysts were waiting for Soros's next order with serious faces.
"Give me a copy of the list of holdings held by the Commercial Bank of Panama."
One of the analysts handed over the data that had been prepared: "Before the market closed, Nagoya Bank plummeted, basically at a price that cut it in half. Is it possible that the Panama Commercial Bank has run out of chips?"
Soros held his own chin with his right hand and thought seriously for a while before replying: "All positions of the Commercial Bank of Panama have bottomed out. They are withdrawing funds. Maybe they don't have enough money. Go and communicate with the Financial Services Agency."
Take a look and see how much will be credited to their margin account in the afternoon."
The existence of a short-selling contract actually depends on the amount of the short-selling party's margin account.
The amount of short selling is generally 2 times or 4 times the margin, and the huge floating short selling contract of 7 billion US dollars is hung on it clearly, and everyone can see it.
What Soros needs to do now is to see if Taosi’s short selling contract margin is sufficient!
If the Panama Commercial Bank conducts [margin deposit], it means that there is definitely no problem with his guess.
"It's been credited! Boss! The other party has credited about 4 billion U.S. dollars, and people from the Financial Services Agency have verified it!"
After hearing his subordinate's answer, Soros replied to his subordinate with a proud look on his face: "Okay, let's ask Mr. Tanaka how we are preparing for our press conference. The other party is likely to use the lunch break to come."
Use public opinion to suppress us. As long as we are ready, they will die and their positions will definitely be liquidated!"
Tanaka Ikuji looked down at the reporters from all over the world and felt a little emotional for a moment.
This is the first time since he inherited Toshiba Group that he has stood in front of so many media to speak to the world on behalf of his colleagues in the Tokyo financial community!
He felt very uneasy. They had already won half of the battle!
If this press conference can still go as smoothly, then he will definitely be a figure who will leave his name in history books in the future.
"Mr. Soros, the meeting is ready. You can take a look at this speech."
Soros patted Tanaka Yuji on the shoulder with a smile and replied: "Okay, Mr. Tanaka, leave the rest to me. Panama Commercial Bank is almost overwhelmed!"
Soros stood in front of the microphone with a smile on his face, feeling the flashes of light coming from all directions.
"Well, hello everyone, I believe you have also seen everything that happened on the Tokyo Stock Exchange today."
"I am very happy that I can see my fellow countrymen and all respected journalist friends in this foreign country. The stock index has broken through 20,000 points from 13,000 points. I think this is my best answer."
"if..."
Before Soros finished speaking, a reporter shouted to Soros on the stage: "Mr. Soros, we all know that Quantum Fund has developed very well under your control, but can you explain
Why did the Japanese stock market, which had continued to rise sharply, fall before the market closed at noon?"
Soros' complexion changed slightly.
Tanaka Ikuji on the side just wanted to suggest the police to expel the reporter, but Soros stopped him: "Oh? Mr. Wall Street Journal reporter, after all, you also know who our enemy is. If I blindly suppress
The other party, wouldn’t that be too boring?”
As soon as Soros made this statement, the reporters in the audience were in an uproar.
After all, the international news regarding [Japan’s suppression of Tao Xi] has been silent repeatedly, but when someone actually responded to this matter, these well-informed reporters looked surprised.
"So Mr. Soros, do you also admit that the Japanese Congress was unable to withstand the public protests and illegally detained Mr. Toshi? Does this mean that the Japanese Congress will suppress foreign investors under some extreme circumstances?
"
As soon as these words came out, everyone present knew that this reporter had bad intentions.
This sentence is extremely exaggerated. An excellent company can rely on its own brand and company credibility to create a "goodwill" and then use its "goodwill" to make loans!
So does the country!
A country's "goodwill" is the best sign to attract foreign investors. If Soros admits this, the stock market will definitely fall when the market opens today, not tomorrow!
But Soros shook his head with a smile on his face: "No, no, no! Mr. Reporter, I don't think your question should be about the sharp rise in the Tokyo Stock Exchange?"
Just when the reporter was about to ask another question, someone suddenly appeared behind him and dragged him away.
But this scene was filmed by many people. Soros may have strong financial knowledge, but after all, he does not rely on words.
"The Point Guard Is Here"
The reporter who was dragged away was like a trigger, and many reporters who couldn't hold back asked various questions.
Each of these questions is more sharp than the last, and each is more unpleasant than the last.
Everything revolved around the issue of Japan's "goodwill". Just when Soros was busy scrambling, a harsh voice shouted: "Everyone, look at the news from Reuters. Reuters is hard on the Japanese government!"
"
Soros turned to look at Ikuji Tanaka, who was confused. A group of police officers suddenly rushed in.
"Oh! Fxxk! Do you know what you are doing?"
"This is my camera, let it go!"
"Baga! I am a reporter from the Asahi Shimbun, and you have violated my rights!"
The intruding police officers came in and snatched away these people's cameras and video cameras. Even the NHK reporter who had been siding with the Japanese government was arrested.
Tanaka Yuji's face flushed with anxiety: "Something big has happened!"
"What happened?"
"Reuters characterized the protestors at the Congressional Parade as man-made manipulation. It was revealed that Japanese congressmen colluded with Mitsubishi and Toshiba to manipulate stock prices!"
When Soros heard these words, he only felt a "buzz" on the back of his head.
Something big happened!
Not everyone knows that the Japanese government teamed up with local chaebols to manipulate stocks against Tao Xi, but if someone brought it to the table and said it, it would be an attempt to destroy their jobs!
How dare Reuters?
How dare Tao Xi?
But before Soros could ask further questions, Tanaka Yuji was dragged away by a group of old men.
Soros wandered to the TV in the trading room, and what he just saw was the popular program [News 24 Hours] on Columbia TV in the United States.
The documentary "The Ups and Downs of Japan's Economy" produced by Reuters is playing on it.
The angle chosen for the documentary is very unique, it is a first-person perspective, and its entry point is from the bottom of Japan.
The interviewer first asked passers-by with a curious look on his face: "How long have you been unemployed?"
A passerby stood on the street carrying a plastic bag of plastic bottles and replied: "It's been seven months, hahaha. I really don't know what the meaning of this kind of parade is. I only know that the housing price per square meter in Tokyo is almost as high as mine."
year’s salary!”
"What industry did you work in before?"
"Trade customs declaration, now the trade market basically changes every day. The most outrageous thing is that the housing prices are getting higher day by day. I don't want to work hard anymore."
The screen flashed, and the first-person reporter interviewed a person again.
"Why did you come to participate in this parade?"
To be continued...