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Chapter 692: The British's Disapproval

For Apple's choice to breach the contract, pay the price to fill the deep pit left by Andy at the beginning. Although Andy took advantage of it in any aspect, in his opinion, it was also a helpless choice. After all, both game companies and app stores need the Ai Cang Mobile phone carrier.

However, I thought that in less than half a year, I could angrily cheat Apple's $300 million liquidated damages through just one agreement. At least in the short term, it would be a good deal that would be profitable. You can get huge amounts of money without investing and output or consumption of manpower and material resources. You will not suffer any loss.

Besides, this is just the beginning. After all, on the way to cheating Apple, Andy has decided to go all the way. The best way to suck blood from Apple is to work hard on its stock value.

As for the losses caused by the app store due to Apple's possible default, Andy is not worried about it. As for the negotiations, it can be delayed for at least a while. As long as it is delayed until November, Android will release the source code, and you can focus on the Android system at that time.

Based on Apple's greed, you can imagine what kind of share agreement its app store will set. Although it can occupy the official advantage, to put it bluntly, it still needs to be profitable, and there will naturally be a price war to seize resources.

Listening to the several plans that Michael Wright said, Andy was quite satisfied. Although Apple had to decide to open an app store itself, it would take at least several months to go on the market. Michael Wright speculated that the most likely thing was to go on the market at the same time when the new Ai Chuang phone was launched, so the negotiations will be started now to terminate the contract embedded in the Free City app for Ai Chuang phone.

This period of time is enough to establish the market position and share of Freedom City. After all, more and more companies will be involved in this application software market in the future, and no one can eat it alone.

The sky was pitch black as dark as ink in the middle of the night, and some gray clouds were as ethereal as vortex galaxies, accompanied by many star dots, and the moon hung on the dark curtain in a dim crescent shape.

Andy, in a loose casual outfit, boarded the plane to London with three female assistants who were also wearing comfortable casual outfits.

In the first class, the flight attendant kindly helped Andy adjust the seat, lay a thick blanket, and put the pillow on it. After repeatedly confirming that he had no other needs, Andy left. He smiled faintly, took off his shoes, raised the pillow, leaned on the seat, picked up the detailed report of the Predator group on the hedging of the British financial market and read it.

In fact, when he was accompanying two little beauties in the playground in Las Vegas, he received a depositor run at Northon Rock Bank, the fifth largest mortgage lender in the UK.

The subprime mortgage crisis that had calmed down was not something that everyone hoped to have been overcome, but was just digesting the funds for emergency rescue. As the financial crisis further deepened, Britain, which had always believed that the market should not be rescued and the government should not interfere in the financial market, finally began to taste the bitter wine they brewed themselves.

On September 14, Northon Rock Bank issued a profit warning, pointing out that interest rates are unexpectedly rising, and the problem of shrinking credit has led to slowing asset growth. It is expected that pre-tax profits for the whole year of 2007 will be about 20% lower than expected.

The predator group, which chose these mortgage lenders as target hedges early in the morning, has been shaking the confidence of the British people by bribing and hiring financial experts and some media since September, questioning the bank's income status with US subprime bonds in their hands, and various analyses and slandering them.

To talk about these methods, it is very familiar to the people who came from Wall Street. Don’t be too simple. No matter who leads the lead, starts to sneer and creates panic. International hot money and hot money that are preparing for a full meal begin to promote this hype through their own methods.

It seems that they are clamoring all day without power, slandering the British banking industry, but in fact, all the sharks swimming under the sea are waiting for the inadvertent trace of blood flowing out.

Northron Rock Bank's profit warning undoubtedly made the sharks start to boil the bloody smell of prey. The bribed experts and media began to sing more hard. The people who were already shaken of confidence began to withdraw cash due to doubts and concerns. When Northron Rock Bank's cash was withdrawn and chose to refuse the public's withdrawal, the media began to fuel the fire, doing various on-site reports and direct attacks, which completely ignited the panic among the British people.

Since the Northron Rock Bank run nationwide in the UK at noon on September 14, 2007, as of yesterday, September 18, more than 3 billion pounds had flowed out of Northron Rock Bank in just a few days, accounting for about 12% of the bank's total deposits of more than 24 billion pounds. Its telephone banking and online banking business collapsed for a time. Affected by this, in the past few days, the share price of Northron Rock Bank fell 70%, setting a new low in seven years, becoming the biggest victim of the UK's subprime mortgage crisis.

The Predator Group, which began to reap profits, unceremoniously plundered 480 million pounds from Northronick Bank. Although the decline of several other banks was not so serious, the Predator Group also bit off more than 200 million pounds.

When Andy looked at the financial statement details marked on the information, he couldn't help but laugh happily. He was very satisfied, and after more than a month of layout, he finally bit off a piece of meat from the British. A total of 700 million pounds of income, Andy had been happy for a whole day.

In order to prevent the emergence of the banking crisis in the system, the British Ministry of Finance, the Bank of England and the Monetary Authority successively adopted relief measures such as capital injection and deposit account guarantee. The Predator Group, which had just harvested the first huge profit, concentrated funds to shoot back several bank stocks with halved stocks and carried out crazy low-price shopping. When the depositor run was alleviated and the panic situation in the banking system was controlled, the stock prices of major banks were also swept crazy because of the Predator Group. Coupled with the strong rebound of the market, the bank stock prices also rose to varying degrees.

This negative operation, although the profits of clearance and settlement have not been finalized, Andy thinks that a profit of 200 million to 300 million pounds can still be guaranteed. After all, the funds prepared are sufficient, enough to leverage the stock price.

To be honest, the predator group has become famous in the UK's financial world, sweeping away nearly 1 billion pounds in four days, which has made the British pay attention to them, especially the big boss of the team that has already boarded the plane and the world's youngest billionaire Andy Smith, and especially the people from the British Monetary Authority, are waiting for it.

And those hot money and hot money that also made huge profits in this bank run are even more aware of this Predator Fund and want to continue to follow behind to get greater returns. They are also looking forward to the next move of Andy Smith, a young wealth myth.

Although it is not a big focus, but also under the attention of many parties, Andy Smith took three female assistants and six bodyguards down the ladder. Through the business passage, he saw several members of the predator group who came to pick up the plane at the entrance of the passage, and had been waiting long ago, with a smile on his face, nodding with satisfaction and saying, "Good job!"

"Thank you for your appreciation, please..."

The pomp of Andy and his group aroused many people's curiosity. When Andy's bodyguard in front walked out of the gate of London Heathrow Airport, reporters and paparazzi flocked from both sides immediately surrounded Andy and his group's way.

"Mr. Smith, what do you think of your hedge fund swept away over 10 pounds in a few days..."

"I heard you are going to acquire Tottenham Club..."

"Will you invest in the UK..."

"How do you think of the current financial risks in the UK..."

The flashing flashes and the noisy and crowded scene made Andy's six bodyguards look like they were facing a great enemy. The two bodyguards behind them were even more cold-faced, pushing the reporters who were pushing forward from time to time with one hand, and spreading the other hand to cover Andy's figure.

Andy frowned. He didn't expect that he was surrounded by reporters as soon as he got off the plane, and the questions he called out were so tricky and mean. It was obvious that someone was going to make trouble, or he wanted to give himself a little color, a young man.

He could even imagine that in the newspaper tomorrow, he would definitely be portrayed by these media as a bandit robber of the British financial market and establish his image as an unpopular person.

"Do you have a warning?"

Finally, under the airport security quarantine, Andy sat safely into the Rolls-Royce Phantom car. Seeing the reporters who were posing outside the window and taking photos with their cameras, their faces were as deep as water, and a sneer appeared at the corner of their mouths and muttered.
Chapter completed!
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