Chapter 671: 671
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There is no problem with Henry Williams' statement. Although the securities and Exchange Act and regulation 144 of the United States specifically provide for the reduction of major shareholders, there are also exemption regulations.
Just as KY investment fund now holds 7.2% of the shares of Boston first national bank and 6.9% of the shares of John Hancock mutual life insurance company, both of which are the largest institutional shareholders.
According to the relevant laws of U.S. Securities Exchange, if new major shareholders such as KY investment fund want to reduce their shares, they can only do it after at least two years. KY investment fund has held the shares of the two companies for less than half a year, so if in accordance with these regulations, KY investment fund can not reduce its shares within two years.
However, the U.S. Federal Securities and Exchange Commission has also drawn some exceptions to exemption for some special cases. For example, KY investment fund did not hold more than 5% of the shares of the two companies, only more than 1%. Later, the increase was due to the stock disaster. In order to save the stock market, KY investment fund made a huge sum of money to buy back shares, which belongs to the behavior of saving the market and supporting the market. Therefore, the additional shares held by KY investment fund in the stock disaster can be classified as a special exemption exception as long as they have been held for more than three months.
Of course, this part of the increased shares should first be sold to internal shareholders after the reduction is announced. Only after the internal shareholders are unwilling to subscribe for this part of the shares will this part of the shares flow into the circulation market.
In other words, this part of the shares increased in the stock disaster can not be restricted by the provisions of the U.S. Securities Law and regulation 144, but it is still necessary to report to the federal securities and Exchange Commission, and it must be purchased by internal shareholders in a hurry.
It is precisely because of this that Henry Williams dared to publicly claim to reduce the shares of Boston first national bank and John Hancock mutual life insurance company.
As for the stock market at the beginning of those days of selling, who knows! It must be that most investors are not optimistic about the future of the two companies, so they compete to sell their shares. It's not surprising that you didn't do well enough and didn't bring great confidence to the shareholders. It's not surprising that the shareholders abandoned you.
In fact, not only ordinary shareholders abandon you, but even my largest shareholder is not optimistic about your future. What else do you have? Deserve to fall so hard!
Just one day's decline made the share prices of the two companies directly fall to the level of the day of the stock disaster. At this time, even if the internal shareholders want to buy back this part of the shares, they must buy back according to the share price at the time of the reduction declared by KY investment fund.
In this way, the guys of the Boston consortium are embarrassed. They really didn't expect that the share price of their core enterprises would fall so miserably in this day. Even if they wanted to buy back this part of the shares of KY investment fund, they had to buy back at the price before the opening today, that is, the repurchase price was 28% higher than the actual share price.
No one will do such a big injustice. Even if the Boston consortium buys back those circulating stocks at a low price from the circulation market, it still has a huge selling price on its head - the reduction of shares held by the largest shareholder, which is more bad news than any bad news!
But if the Boston consortium does not repurchase these shares, as soon as the time specified by the federal securities and Exchange Commission comes, KY investment fund can fight for no profit and sell these shares at the market price. In that case, the trouble of the Boston consortium will be even greater.
Based on the market value of Boston first national bank before the crash of US $56 billion, the market value of about 5.8% of the shares held by KY investment fund in the stock disaster is about US $3.25 billion. This is not a small figure. It can definitely directly make the stock price of Boston first national bank in a state of gloomy decline for a long time. This period should be maintained for at least three months or even more than half a year. Only for such a long time can the market digest such a large sell-off.
Even if the market digests such a big sell-off, it will be a long time for the share price of Boston first national bank to return to the price before today's opening!
If the KY investment fund such as the Boston consortium puts these shares into the circulation market and then takes over the offer, it is not impossible, but it needs to avoid the supervision of the federal securities and Exchange Commission - Oh, you don't buy back when others reduce their holdings and buy back after others put their shares into the circulation market, which is illegal!
Of course, the Boston consortium can find another institution to buy back these shares from the market, but the board of directors can change another shareholder position. But then again, KY investment fund is obviously going to have a hard time with the Boston consortium. At this sensitive moment, who dares to risk so much to buy back these stocks?
Everyone knows that KY investment fund can't afford it now. People have a lot of capital. They have money and willfulness. If you dare to buy it, people dare to smash it. People's KY investment fund can fight to lose money. After you buy these stocks, can you afford the loss of hundreds of millions or even billions of dollars?
Therefore, this hand of KY investment fund can be called a unique hand! Who dares to help the Boston consortium? Let's see if you have so much money in your wallet for you to lose!
Don't get involved in this without that capital. This is a beam between KY investment fund and Boston consortium. It's hard for anyone to say!
Isn't your Boston consortium Niubi? Don't you dare to fight our boss? Well, let's keep going! Don't you think the Boston consortium is very competitive? My KY investment fund is rich and can kill people with Franklin!
In fact, the stock market value of the two companies owned by KY investment fund is only a few billion dollars. There are many institutions capable of solving these stocks in the United States, but now no one really dares to offend KY investment fund. Even the federal securities and Exchange Commission dare not over criticize KY investment funds.
People's KY investment fund now controls a large number of stocks of 27 core enterprises in the United States, and also holds a large number of stocks of medium-sized companies. Once people really push people's KY investment fund, people stop playing and start reducing their shares all over the world, it may be the second stock disaster at that time.
Who can shoulder this responsibility?
Not to mention the Republican candidate who currently holds an absolute lead in the presidential election, Vice President Bush also publicly stood up and said that he would severely punish the behind the terrorist acts against American Airlines flight A152. Some members of the house of Representatives and the Senate also took a clear stand on the side of Vice President Bush.
At the same time, the Mellon family, the Morgan family, and the big men of the Texas and California consortia also issued statements condemning the unformed terrorist act. People with a clear eye can see that these large families and consortia with terrible financial resources are on the side of KY investment fund in this matter.
Although there is no evidence that the Boston consortium is behind the terrorist incident, does this kind of thing need evidence? Don't say that you actually did it behind your back. Even if it wasn't for you, I would just buckle shit on your head. What can you do to me?
Under such circumstances, who dares to stand up and speak for the Boston consortium platform?
The Boston consortium is not the Boston consortium half a century ago. Now the Boston consortium is the weakest since its establishment. It's strange if the other nine consortia don't fall into the well with such a good opportunity!
The Boston consortium does control a lot of capital, but most of them are real estate. In terms of cash reserves, KY investment fund can throw half of the Pacific ocean away from the Boston consortium.
The most important thing is that KY investment fund made a high-profile shot at the Boston consortium. Where can we make good use of the sharp gun of KY investment fund?
Citibank, Bank of America, * * * * bank and Mellon National Bank are among the top four banks in the United States. Although the first National Bank of Boston is also very comparable, it is much inferior to these four banks. Especially when these four banks have long wanted to swallow the first National Bank of Boston, even if they eat the first National Bank of Boston, it is also a great improvement to their own strength.
Therefore, when the four banks started to give blood to KY investment fund secretly, who dares to be hard faced with KY investment fund at this time?
It's not such a way to die!
Although this incident was triggered by an unexpected air crash, in essence, it was a brutal battle against emerging capital against emerging capital.
As an emerging capital, KY investment fund, in order to completely gain a foothold in the United States, it must kill an old capital and replace it. The Boston consortium, which has been "old and bad", is hitting the muzzle of the "strong" KY investment fund.
In fact, according to Yang Jing's plan, KY investment fund should not have exposed its strength so early. However, it was in a hurry. The assassination of the Boston consortium completely angered Yang Jing, so he was ready to start a trouble with this matter.
Fight early and fight late. Since we will fight this battle sooner or later, we should give them a deep lesson while the Boston consortium is at its lowest ebb.
To say the least, even if KY investment fund can't kill the Boston consortium, it can also make a voice belonging to KY investment fund through this financial war, so that large families or consortia in the United States must face up to this strong rising capital force.
Please report us if you find any errors so we can fix it asap!
There is no problem with Henry Williams' statement. Although the securities and Exchange Act and regulation 144 of the United States specifically provide for the reduction of major shareholders, there are also exemption regulations.
Just as KY investment fund now holds 7.2% of the shares of Boston first national bank and 6.9% of the shares of John Hancock mutual life insurance company, both of which are the largest institutional shareholders.
According to the relevant laws of U.S. Securities Exchange, if new major shareholders such as KY investment fund want to reduce their shares, they can only do it after at least two years. KY investment fund has held the shares of the two companies for less than half a year, so if in accordance with these regulations, KY investment fund can not reduce its shares within two years.
However, the U.S. Federal Securities and Exchange Commission has also drawn some exceptions to exemption for some special cases. For example, KY investment fund did not hold more than 5% of the shares of the two companies, only more than 1%. Later, the increase was due to the stock disaster. In order to save the stock market, KY investment fund made a huge sum of money to buy back shares, which belongs to the behavior of saving the market and supporting the market. Therefore, the additional shares held by KY investment fund in the stock disaster can be classified as a special exemption exception as long as they have been held for more than three months.
Of course, this part of the increased shares should first be sold to internal shareholders after the reduction is announced. Only after the internal shareholders are unwilling to subscribe for this part of the shares will this part of the shares flow into the circulation market.
In other words, this part of the shares increased in the stock disaster can not be restricted by the provisions of the U.S. Securities Law and regulation 144, but it is still necessary to report to the federal securities and Exchange Commission, and it must be purchased by internal shareholders in a hurry.
It is precisely because of this that Henry Williams dared to publicly claim to reduce the shares of Boston first national bank and John Hancock mutual life insurance company.
As for the stock market at the beginning of those days of selling, who knows! It must be that most investors are not optimistic about the future of the two companies, so they compete to sell their shares. It's not surprising that you didn't do well enough and didn't bring great confidence to the shareholders. It's not surprising that the shareholders abandoned you.
In fact, not only ordinary shareholders abandon you, but even my largest shareholder is not optimistic about your future. What else do you have? Deserve to fall so hard!
Just one day's decline made the share prices of the two companies directly fall to the level of the day of the stock disaster. At this time, even if the internal shareholders want to buy back this part of the shares, they must buy back according to the share price at the time of the reduction declared by KY investment fund.
In this way, the guys of the Boston consortium are embarrassed. They really didn't expect that the share price of their core enterprises would fall so miserably in this day. Even if they wanted to buy back this part of the shares of KY investment fund, they had to buy back at the price before the opening today, that is, the repurchase price was 28% higher than the actual share price.
No one will do such a big injustice. Even if the Boston consortium buys back those circulating stocks at a low price from the circulation market, it still has a huge selling price on its head - the reduction of shares held by the largest shareholder, which is more bad news than any bad news!
But if the Boston consortium does not repurchase these shares, as soon as the time specified by the federal securities and Exchange Commission comes, KY investment fund can fight for no profit and sell these shares at the market price. In that case, the trouble of the Boston consortium will be even greater.
Based on the market value of Boston first national bank before the crash of US $56 billion, the market value of about 5.8% of the shares held by KY investment fund in the stock disaster is about US $3.25 billion. This is not a small figure. It can definitely directly make the stock price of Boston first national bank in a state of gloomy decline for a long time. This period should be maintained for at least three months or even more than half a year. Only for such a long time can the market digest such a large sell-off.
Even if the market digests such a big sell-off, it will be a long time for the share price of Boston first national bank to return to the price before today's opening!
If the KY investment fund such as the Boston consortium puts these shares into the circulation market and then takes over the offer, it is not impossible, but it needs to avoid the supervision of the federal securities and Exchange Commission - Oh, you don't buy back when others reduce their holdings and buy back after others put their shares into the circulation market, which is illegal!
Of course, the Boston consortium can find another institution to buy back these shares from the market, but the board of directors can change another shareholder position. But then again, KY investment fund is obviously going to have a hard time with the Boston consortium. At this sensitive moment, who dares to risk so much to buy back these stocks?
Everyone knows that KY investment fund can't afford it now. People have a lot of capital. They have money and willfulness. If you dare to buy it, people dare to smash it. People's KY investment fund can fight to lose money. After you buy these stocks, can you afford the loss of hundreds of millions or even billions of dollars?
Therefore, this hand of KY investment fund can be called a unique hand! Who dares to help the Boston consortium? Let's see if you have so much money in your wallet for you to lose!
Don't get involved in this without that capital. This is a beam between KY investment fund and Boston consortium. It's hard for anyone to say!
Isn't your Boston consortium Niubi? Don't you dare to fight our boss? Well, let's keep going! Don't you think the Boston consortium is very competitive? My KY investment fund is rich and can kill people with Franklin!
In fact, the stock market value of the two companies owned by KY investment fund is only a few billion dollars. There are many institutions capable of solving these stocks in the United States, but now no one really dares to offend KY investment fund. Even the federal securities and Exchange Commission dare not over criticize KY investment funds.
People's KY investment fund now controls a large number of stocks of 27 core enterprises in the United States, and also holds a large number of stocks of medium-sized companies. Once people really push people's KY investment fund, people stop playing and start reducing their shares all over the world, it may be the second stock disaster at that time.
Who can shoulder this responsibility?
Not to mention the Republican candidate who currently holds an absolute lead in the presidential election, Vice President Bush also publicly stood up and said that he would severely punish the behind the terrorist acts against American Airlines flight A152. Some members of the house of Representatives and the Senate also took a clear stand on the side of Vice President Bush.
At the same time, the Mellon family, the Morgan family, and the big men of the Texas and California consortia also issued statements condemning the unformed terrorist act. People with a clear eye can see that these large families and consortia with terrible financial resources are on the side of KY investment fund in this matter.
Although there is no evidence that the Boston consortium is behind the terrorist incident, does this kind of thing need evidence? Don't say that you actually did it behind your back. Even if it wasn't for you, I would just buckle shit on your head. What can you do to me?
Under such circumstances, who dares to stand up and speak for the Boston consortium platform?
The Boston consortium is not the Boston consortium half a century ago. Now the Boston consortium is the weakest since its establishment. It's strange if the other nine consortia don't fall into the well with such a good opportunity!
The Boston consortium does control a lot of capital, but most of them are real estate. In terms of cash reserves, KY investment fund can throw half of the Pacific ocean away from the Boston consortium.
The most important thing is that KY investment fund made a high-profile shot at the Boston consortium. Where can we make good use of the sharp gun of KY investment fund?
Citibank, Bank of America, * * * * bank and Mellon National Bank are among the top four banks in the United States. Although the first National Bank of Boston is also very comparable, it is much inferior to these four banks. Especially when these four banks have long wanted to swallow the first National Bank of Boston, even if they eat the first National Bank of Boston, it is also a great improvement to their own strength.
Therefore, when the four banks started to give blood to KY investment fund secretly, who dares to be hard faced with KY investment fund at this time?
It's not such a way to die!
Although this incident was triggered by an unexpected air crash, in essence, it was a brutal battle against emerging capital against emerging capital.
As an emerging capital, KY investment fund, in order to completely gain a foothold in the United States, it must kill an old capital and replace it. The Boston consortium, which has been "old and bad", is hitting the muzzle of the "strong" KY investment fund.
In fact, according to Yang Jing's plan, KY investment fund should not have exposed its strength so early. However, it was in a hurry. The assassination of the Boston consortium completely angered Yang Jing, so he was ready to start a trouble with this matter.
Fight early and fight late. Since we will fight this battle sooner or later, we should give them a deep lesson while the Boston consortium is at its lowest ebb.
To say the least, even if KY investment fund can't kill the Boston consortium, it can also make a voice belonging to KY investment fund through this financial war, so that large families or consortia in the United States must face up to this strong rising capital force.
There is no problem with Henry Williams' statement. Although the securities and Exchange Act and regulation 144 of the United States specifically provide for the reduction of major shareholders, there are also exemption regulations.Just as KY investment fund now holds 7.2% of the shares of Boston first national bank and 6.9% of the shares of John Hancock mutual life insurance company, both of which are the largest institutional shareholders.According to the relevant laws of U.S. Securities Exchange, if new major shareholders such as KY investment fund want to reduce their shares, they can only do it after at least two years. KY investment fund has held the shares of the two companies for less than half a year, so if in accordance with these regulations, KY investment fund can not reduce its shares within two years.However, the U.S. Federal Securities and Exchange Commission has also drawn some exceptions to exemption for some special cases. For example, KY investment fund did not hold more than 5% of the shares of the two companies, only more than 1%. Later, the increase was due to the stock disaster. In order to save the stock market, KY investment fund made a huge sum of money to buy back shares, which belongs to the behavior of saving the market and supporting the market. Therefore, the additional shares held by KY investment fund in the stock disaster can be classified as a special exemption exception as long as they have been held for more than three months.Of course, this part of the increased shares should first be sold to internal shareholders after the reduction is announced. Only after the internal shareholders are unwilling to subscribe for this part of the shares will this part of the shares flow into the circulation market.In other words, this part of the shares increased in the stock disaster can not be restricted by the provisions of the U.S. Securities Law and regulation 144, but it is still necessary to report to the federal securities and Exchange Commission, and it must be purchased by internal shareholders in a hurry.It is precisely because of this that Henry Williams dared to publicly claim to reduce the shares of Boston first national bank and John Hancock mutual life insurance company.As for the stock market at the beginning of those days of selling, who knows! It must be that most investors are not optimistic about the future of the two companies, so they compete to sell their shares. It's not surprising that you didn't do well enough and didn't bring great confidence to the shareholders. It's not surprising that the shareholders abandoned you.In fact, not only ordinary shareholders abandon you, but even my largest shareholder is not optimistic about your future. What else do you have? Deserve to fall so hard!Just one day's decline made the share prices of the two companies directly fall to the level of the day of the stock disaster. At this time, even if the internal shareholders want to buy back this part of the shares, they must buy back according to the share price at the time of the reduction declared by KY investment fund.In this way, the guys of the Boston consortium are embarrassed. They really didn't expect that the share price of their core enterprises would fall so miserably in this day. Even if they wanted to buy back this part of the shares of KY investment fund, they had to buy back at the price before the opening today, that is, the repurchase price was 28% higher than the actual share price.No one will do such a big injustice. Even if the Boston consortium buys back those circulating stocks at a low price from the circulation market, it still has a huge selling price on its head - the reduction of shares held by the largest shareholder, which is more bad news than any bad news!But if the Boston consortium does not repurchase these shares, as soon as the time specified by the federal securities and Exchange Commission comes, KY investment fund can fight for no profit and sell these shares at the market price. In that case, the trouble of the Boston consortium will be even greater.Based on the market value of Boston first national bank before the crash of US $56 billion, the market value of about 5.8% of the shares held by KY investment fund in the stock disaster is about US $3.25 billion. This is not a small figure. It can definitely directly make the stock price of Boston first national bank in a state of gloomy decline for a long time. This period should be maintained for at least three months or even more than half a year. Only for such a long time can the market digest such a large sell-off.Even if the market digests such a big sell-off, it will be a long time for the share price of Boston first national bank to return to the price before today's opening!If the KY investment fund such as the Boston consortium puts these shares into the circulation market and then takes over the offer, it is not impossible, but it needs to avoid the supervision of the federal securities and Exchange Commission - Oh, you don't buy back when others reduce their holdings and buy back after others put their shares into the circulation market, which is illegal!Of course, the Boston consortium can find another institution to buy back these shares from the market, but the board of directors can change another shareholder position. But then again, KY investment fund is obviously going to have a hard time with the Boston consortium. At this sensitive moment, who dares to risk so much to buy back these stocks?Everyone knows that KY investment fund can't afford it now. People have a lot of capital. They have money and willfulness. If you dare to buy it, people dare to smash it. People's KY investment fund can fight to lose money. After you buy these stocks, can you afford the loss of hundreds of millions or even billions of dollars?Therefore, this hand of KY investment fund can be called a unique hand! Who dares to help the Boston consortium? Let's see if you have so much money in your wallet for you to lose!Don't get involved in this without that capital. This is a beam between KY investment fund and Boston consortium. It's hard for anyone to say!Isn't your Boston consortium Niubi? Don't you dare to fight our boss? Well, let's keep going! Don't you think the Boston consortium is very competitive? My KY investment fund is rich and can kill people with Franklin!In fact, the stock market value of the two companies owned by KY investment fund is only a few billion dollars. There are many institutions capable of solving these stocks in the United States, but now no one really dares to offend KY investment fund. Even the federal securities and Exchange Commission dare not over criticize KY investment funds.People's KY investment fund now controls a large number of stocks of 27 core enterprises in the United States, and also holds a large number of stocks of medium-sized companies. Once people really push people's KY investment fund, people stop playing and start reducing their shares all over the world, it may be the second stock disaster at that time.Who can shoulder this responsibility?Not to mention the Republican candidate who currently holds an absolute lead in the presidential election, Vice President Bush also publicly stood up and said that he would severely punish the behind the terrorist acts against American Airlines flight A152. Some members of the house of Representatives and the Senate also took a clear stand on the side of Vice President Bush.At the same time, the Mellon family, the Morgan family, and the big men of the Texas and California consortia also issued statements condemning the unformed terrorist act. People with a clear eye can see that these large families and consortia with terrible financial resources are on the side of KY investment fund in this matter.Although there is no evidence that the Boston consortium is behind the terrorist incident, does this kind of thing need evidence? Don't say that you actually did it behind your back. Even if it wasn't for you, I would just buckle shit on your head. What can you do to me?Under such circumstances, who dares to stand up and speak for the Boston consortium platform?The Boston consortium is not the Boston consortium half a century ago. Now the Boston consortium is the weakest since its establishment. It's strange if the other nine consortia don't fall into the well with such a good opportunity!The Boston consortium does control a lot of capital, but most of them are real estate. In terms of cash reserves, KY investment fund can throw half of the Pacific ocean away from the Boston consortium.The most important thing is that KY investment fund made a high-profile shot at the Boston consortium. Where can we make good use of the sharp gun of KY investment fund?Citibank, Bank of America, * * * * bank and Mellon National Bank are among the top four banks in the United States. Although the first National Bank of Boston is also very comparable, it is much inferior to these four banks. Especially when these four banks have long wanted to swallow the first National Bank of Boston, even if they eat the first National Bank of Boston, it is also a great improvement to their own strength.Therefore, when the four banks started to give blood to KY investment fund secretly, who dares to be hard faced with KY investment fund at this time?It's not such a way to die!Although this incident was triggered by an unexpected air crash, in essence, it was a brutal battle against emerging capital against emerging capital.As an emerging capital, KY investment fund, in order to completely gain a foothold in the United States, it must kill an old capital and replace it. The Boston consortium, which has been "old and bad", is hitting the muzzle of the "strong" KY investment fund.In fact, according to Yang Jing's plan, KY investment fund should not have exposed its strength so early. However, it was in a hurry. The assassination of the Boston consortium completely angered Yang Jing, so he was ready to start a trouble with this matter.Fight early and fight late. Since we will fight this battle sooner or later, we should give them a deep lesson while the Boston consortium is at its lowest ebb.To say the least, even if KY investment fund can't kill the Boston consortium, it can also make a voice belonging to KY investment fund through this financial war, so that large families or consortia in the United States must face up to this strong rising capital force.
