Quantum Fund.
During their afternoon leisure time, the financial and investment elites of Quantum Fund were exchanging information in the restaurant.
"Did you hear? Gale Capital is not far from collapse!" Wald Delun said to the group seated around a table.
"Uh..."
Upon hearing this, several people present were surprised.
One of them was a financial planner named Shawp Hawkins.
"That's impossible, right?"
He exclaimed in astonishment, "Since Gale Capital rose to fame in the 1997 Asian Financial Crisis, its development has been extremely rapid, attracting tens of thousands of investors and managing nearly ten billion U.S. dollars in assets. Even on the vast Wall Street, it ranks among the top 30 out of thousands of investment institutions. You're saying it's close to collapse? That's a joke."
As his words fell, the several people present nodded.
Another stock trader, named Henali, said in a deep voice, "Leaving aside the Asian Financial Crisis that made Gale Capital famous, just its performance in 1998 reached 230 million U.S. dollars. This profit is definitely not low. How could it face a dissolution crisis?"
"Henali, you're right!"
Market analyst Manu echoed, "As far as I know, since June 1999, Gale Capital has invested nearly 3 billion U.S. dollars in NASDAQ internet and tech stocks, which are now worth over 4.5 billion U.S. dollars. Coupled with the nasdaq index recently breaking through 4000 points and continuous positive news, Gale Capital's situation can be described as very bright."
"Therefore, I don't quite believe that it's close to collapse."
"Moreover, we know Henry Eugenber, the president of Gale Capital. Although he can be a bit arrogant, his talent and investment vision are indeed unmatched by ordinary people."
When Henry Eugenber was mentioned, the financial elites present were very impressed.
A person's name, a tree's Shadow.
Looking at the entirety of Wall Street, Henry might not be the most outstanding, but he is definitely one of the best.
Especially recently!
Henry has taken the initiative multiple times.
Through various financial means, in addition to the 3 billion U.S. dollars invested in tech and internet stocks, he also made over 100 million U.S. dollars in just a few months.
This performance also made Henry Eugenber another "star" figure on Wall Street.
Many economic and financial newspapers on Wall Street have done special reports on Henry.
"With Henry, Gale Capital will definitely not fall," said trader Henali.
Financial planner Shawp Hawkins echoed, "That's right, Gale Capital is very strong, unless he's not there... No way?"
Mid-sentence, financial planner Shawp Hawkins stopped and looked at Wald Delun with an incredibly astonished gaze.
Henali and Manu also looked at the composed Wald Delun with great surprise.
"Hahaha, you guessed it."
Wald Delun laughed loudly, "I just found out that Henry and Kyle Page had a falling out, they had a big argument and completely broke ties. Moreover, according to reliable sources, Henry plans to withdraw his shares and completely leave Gale Capital!"
Shock!
Extreme shock!
All the news left Shawp Hawkins, Henali, and Manu dumbfounded.
However, after a few seconds of stunned, everyone felt it was perfectly normal.
Shawp Hawkins sighed, "It's a pity, Kyle Page is still too young, otherwise he would never let a top talent like Henry leave."
Henali pouted, "Stop being so sentimental, haven't you seen enough of this kind of thing? Don't forget, the turnover rate and job-hopping rate on our Wall Street are the highest in the U.S."
Market analyst Manu said in a deep voice, "According to Henry's position in Gale Capital, it is estimated that a large number of investors and clients will withdraw their funds from Gale Capital."
"Hehe, you guessed right again."
Wald Delun blinked and smiled, "I just learned that today alone, hundreds of investors have withdrawn a large sum of money from Gale Capital. Although I don't know the exact amount, it's definitely not less than 100 million U.S. dollars."
Immediately, the other three present were startled. A few seconds later, they turned to sarcasm.
After all is said and done, rivals are rivals.
Although there are many collaborations between major investment banks on Wall Street, they are not the same company, and there is indeed a lot of competition and unpleasantness between them.
If you make money, I'll be jealous;
If you lose money, I'll comfort you well, and then turn around and secretly mock you.
This is Wall Street!
...A few days later.
Morrison Coffee Shop.
It is a large, historic coffee shop located on Wall Street. Here, you will see elite employees from World-renowned investment companies such as Quantum Fund, Goldman Sachs, Morgan Stanley, Lehman Brothers, Bear Stearns, and Merrill Lynch, talking animatedly and loudly discussing international financial changes.
Today, the hot topic of discussion among everyone was still the unstoppable NASDAQ stock market, which was performing exceptionally well.
Of course, today's hot topics had an additional item.
—The dramatic change at Gale Capital!
"It has been confirmed that Henry Eugenber has divested his shares and officially left Gale Capital Investment Company."
"I know too. He founded his own investment company, named Hurricane Investment Company, on the 16th floor of the Bear Stearns Building."
"Goodfellas. As expected. As soon as Henry left Gale Capital, many clients followed. This morning, I saw many people queuing up to pay, and the scene was quite a sensation!"
...Everyone discussed intensely, exchanging information.
Hurricane Investment Company?
Henry was very displeased with Kyle, and anyone with a discerning eye could tell that this name was aimed at his former employer, Gale Capital.
One Gale, one Hurricane?
The drama of a new company enacting "revenge" against its former employer is not uncommon on Wall Street, but it is also something everyone is happy to see...
Gale Capital.
"Andy, speak boldly, don't have any reservations." Kyle sat majestically on the chair.
Andy Chenop, the former chief analyst of Gale Capital and now its president, held the report and said in a deep voice, "From the 7th of this month, when Henry withdrew his shares and left the company, until today, January 17th, a total of 11 days, 1072 investors unilaterally terminated their investment contracts, withdrawing a total of 1.26 billion U.S. dollars."
As the words fell.
Kyle couldn't help but raise an eyebrow and sighed, "Amazing! His appeal is quite something, causing a tenth of the clients to leave all at once."
However, although Kyle was surprised, he remained quite calm.
1072 investors unilaterally terminating their investment contracts without fulfilling the agreed-upon terms means they can only withdraw their original investment principal, and any profits generated during the investment period are irrelevant to them.
Well, in other words, they can only leave with their principal; they won't get a single penny of profit.
To be able to give up readily available profits and choose Henry.
It shows how much confidence these 1072 investors have in Henry. They are confident that Henry can make them more money!
"Are there any abnormalities with the other nearly ten thousand clients?" Kyle inquired.
Andy Chenop shook his head and said, "Aside from some who called for consultation, most of them still trust us, after all, you, boss, are a famous billionaire. With you, we have confidence."
Upon hearing this, Kyle also breathed a sigh of relief.
Kyle could withstand a thousand investors leaving.
But if 3,000 or 4,000 people left, Kyle would definitely not be able to hold on. Moreover, the 3 billion U.S. dollars already invested, now worth 4.5 billion U.S. dollars in stock investments, would inevitably suffer significant losses. If cash couldn't be returned to investors, the company would not be far from bankruptcy.
Kyle deeply regretted Henry's departure.
"But I can't gamble the company's future on the future known by a transmigrator. I'm not that stubborn!" Kyle thought to himself.