Hollywood Hunter

Chapter 126 Westeros Combination

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At noon, Jonathan Friedman, Pat Kingsley and others rushed to New York one after another, and everyone began to discuss how to deal with the current situation.

Although Simon's operation of sticking to the S\u0026P 500 curve for more than five months in the past is fantastic, there has been no violation from the beginning to the end. James Leibold judged that it was precisely because Simon's transaction records were too clear, and there were no loopholes to check, that several major institutions used eavesdropping methods and disclosed the Westeros company's transaction information to the media. Forcing Simon to take the initiative to reveal flaws.

In this era, the annual budget of the Federal Securities and Exchange Commission (sec) was only $100 million.

The huge sum of $1.6 billion that is enough to put one person in the top 100 of the Forbes list of the world's richest people is completely worth every means.

For a young man like Simon who has almost no background, if it can be proved that there are irregularities in the transactions of the Westeros Company, the authorities will absolutely unceremoniously issue a huge bill, and Simon may eventually even lose the original principal. will not be left.

Simon and Janet booked the presidential suite at the Plaza Hotel when they came to New York in late October, and it's hard to tell when the bugs were installed. However, there is no illegal operation in the operation of the Westeros Company, and it is naturally impossible for eavesdroppers to detect the information they want.

At four o'clock in the afternoon, in order to avoid running out of control of public opinion by avoiding the media, Pat Kingsley, as a spokesperson, held a brief press conference on behalf of Simon, officially confirming the series of operations of Westeros in the stock index futures market. It also denied media rumors that Simon was under investigation for alleged insider trading.

The high-profile Hollywood talent director suddenly became a billionaire, such explosive news, a simple press conference is naturally impossible to satisfy the appetite of the media.

Subsequently, the number of reporters gathered outside Simon's Upper East Side apartment not only did not decrease, but instead increased, even affecting the traffic on Fifth Avenue for a time. Countless interview invitations were also delivered to Simon through various channels.

At the same time, the North American stock market today also gave the most direct feedback to the revelations of the "New York Times" and other media. In just one day, a brand new phrase spread quickly among countless stock market investors: the Westeros combination.

The stock market crash has passed, and no matter how admirable and envious of Simon Westero's previous operation, it is impossible for people to go back to imitating the operation a few months ago. However, the young man's trading in the stock market is very easy to follow.

Although it is unclear why Simon Westeros bought a large number of technology stocks, for a young man who has just made more than one billion dollars in the stock index futures market, the other party's buying operation is definitely more valuable than any one Stockbroker recommendations are 100 times higher.

The Wall Street Journal detailed a portfolio of 26 tech stocks that Westeros bought.

Simon Westeros' buy-in size is also very interesting, according to the exposure.

26 stocks, ranging from Motorola, whose market value is still over $5 billion after the stock market crash, to a high-performance graphics workstation production company called Silicon Graphics (sg), which just went public last year with a market value of less than $200 million, and Apple, After a series of star technology stocks such as Intel, Microsoft, and sun, and a series of large-scale purchases by Westeros, the shareholding ratio of these companies has been maintained at a very delicate 4.9%.

According to the regulations of the Federal Securities and Exchange Commission, investors who hold 5% of a company's stock need to report, and subsequent buying and selling operations will also be strictly regulated.

4.9%, which is just below the reporting requirements of sec.

Wall Street analysts also judged that Simon Westeros does not intend to hold these stocks for a long time. Since it is a short-term operation, there is no need for any hesitation to follow up. As a result, in just one day, the trading volume of the 26 stocks held by Westeros has soared several times compared to the past.

After the afternoon close, the stocks were up more than 20% on average, and some were even back at their pre-crash highs.

Simon's purchases of these stocks were meant to be bottom-hunting at the bottom of the crash week, which had already recovered about 15% in value in the preceding weeks as Westeros' big buying spurred the tech market.

Now.

After today's sharp rise, the book value of the technology stocks held by Westeros has approached $1.5 billion, and Simon equaled to another $400 million in less than a month. All the cash and stock of Westeros Corporation, the overall asset value has exceeded 2 billion US dollars.

Simon here.

After repeatedly confirming that Simon's trading operations, the questioning process, and the absence of any inappropriate behavior that might lead to investigation during the wiretap, everyone began to deal with the current media situation and discuss the possible investigations that may be faced next.

As expected by James Leibold.

Early the next morning, a spokesperson for the Federal Court for the Southern District of New York publicly stated at the press conference that day that the FBI, the Federal Securities and Exchange Commission, the Federal Commodity Futures Trading Commission and the Office of the Prosecutor of the Federal Court for the Southern District of New York were investigating the mine. The Mann Brothers illegal operation led to an investigation into the huge loss of the Quantum Fund.

When the spokesman took questions from reporters, he did not implicitly confirm the prosecutor's office's suspicions that Westeros may be involved.

Later, a local TV station in New York exposed a clearer potential accusation that an unnamed government official

It was revealed that the Office of the Prosecutor for the Southern District of New York suspected that Westeros Corporation was suspected of conspiring with Lehman Brothers to manipulate the market, causing the S\u0026P 500 index to plummet through insider operations on October 22, causing huge losses to investors.

Simon never thought that he would be put on such a big hat.

If the crime is convicted, Simon will not only face a huge fine, but investors who suffered losses due to the S\u0026P 500's sharp drop on the morning of October 22 will have the right to file a lawsuit against him.

On October 22, the S\u0026P 500 index plummeted from 256 points at the close of the previous day to 197 points. Only the 9,000 long contracts of the Quantum Fund, the theoretical additional loss exceeded 260 million US dollars.

Investors in the entire Chicago futures market lost significantly more than the Quantum Fund.

At that time, facing the claims of countless investors, Simon can directly declare bankruptcy, and the huge debt after losing the lawsuit is enough to make him never think about turning over in his life.

Simon does have information in his memory that the market fell sharply due to the sell-off of Lehman Brothers on October 22, so the last batch of more than 5,000 short contracts was arranged to be sold on the same day. However, this incident obviously has nothing to do with Simon, and is entirely an internal fault of Lehman Brothers.

Pat Kingsley immediately denied the allegations that Simon was involved in this incident, but the related arguments inevitably spread.

After Simon was questioned by the Federal Futures and Exchange Commission on Monday, the Federal Securities and Exchange Commission also questioned Simon on the following Friday. This time, it was the Raybolds who accompanied Simon to meet with the SEC staff and answered a series of questions again. Questions about Westeros Corporation stock trading.

Inside an apartment on 68th Street on the Upper East Side.

The time is already Monday, November 16th.

Last night, New York finally fell the first snow of this winter. "When Harry Met Sally" is nearing completion, and the crew had been expecting snow in New York for some of the film's scenes, and the snow fell just right.

When he woke up in the morning, looking at the white Central Park outside the window, Simon inexplicably remembered "A Dream of Red Mansions". After eight o'clock, Jonathan and others came from their residence one after another.

Institutions such as the Federal Court of the Southern District of New York have not officially launched the attack, but in the previous week, everyone was not at all easy.

In order to prevent Simon from being directly convicted by the surging media without even encountering formal charges, everyone has been busy with media public relations recently. A press release in favor of oneself in order to preserve Simon's personal reputation.

Reputation is something that Simon doesn't care about in his bones. But like many things in life, you can not care, but you have to maintain it.

If, like Michael Jackson, who was identified as a pedophile, he is forcibly labeled as a 'financial criminal' by the media, Simon may be given a negative buff no matter what he does in the future.

Everyone sat down in the living room where a large conference table was placed directly. They were surrounded by a pile of newspapers, magazines, faxes, and even videotapes to analyze the trend of public opinion yesterday. Jennifer Leibold, who was in charge of answering the phone, suddenly handed the microphone To Simon, it was Noah Scott who called.

After the incident broke out last week, Simon did not take the initiative to contact Lehman Brothers at the suggestion of James Leibold, nor did he have any communication with Simon. At this time, when Noah Scott called, everyone had a strange look on their faces.

Noah Scott claimed on the phone that he was nearby and wanted to visit, and Simon agreed.

After a few minutes.

Noah Scott rushed over, just to say hello to everyone briefly, and then whispered with a serious expression, hoping to talk to Simon alone. Under the gazes of everyone, Simon took Noah Scott to a nearby living room that was still empty.

The two stood by the living room window, and Noah Scott raised his hand to wipe the water vapor condensed on the glass, looking at the snowflakes fluttering outside the window and Central Park in the distance, and said, "It's a very nice house."

Simon looked at the blurred glass window in front of him, but didn't reach out to wipe it, and nodded: "Yeah, it's a pity that I haven't had time to decorate it yet."

Noah Scott paused. He didn't find another suitable conversation topic, so he said directly: "Simon, I have to confess to you that the recent situation is very bad."

Simon turned his head, just waiting for Noah Scott to continue.

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