Chapter 79: Past Life Returner Chapter 79 \nChapter 79\n
This was a time when the New York stock market fell by more than 5 percent. There was the fear of a global financial crisis and an American President faced possible impeachment due to a sex scandal. Korea was also tense due to friction with North Korea. The airport wasnât particularly busy, as Jessica arrived from New York, and not as youâd expect, London.
She caught other peoplesâ attention due to her beauty as she walked by them.
âItâs been a long time, Ethan.â
The airport restaurant was almost empty, and the place seemed to say that it will close soon. Jessica started smoking a cigarette, and I also lit one that I bummed from her. Jessica opened her mouth again.
âI wanted to see you, but I did not expect we would meet in Korea.â
âThe Russia War and the Wall Street buyouts all began here.â
âKorea could have been an attractive market before Jeonil came in and became âfriendlyâ with the current government. That firm is new but has a lot of money.â
âYouâre interested?â âEveryone is, if what you said is true. Ethan, why are you here?â
âLetâs not talk about me.â
âI was trying to lighten the mood since the restaurant is so empty. I apologize.â
âHowever, itâs quiet and the perfect place to talk.â
Jessica nodded with a smile, and I asked a question.
âHow was New York?â
She brightened as she spoke.
âEveryone wanted to work in Wall Street and get hired by those prestigious names, the ones with history and impeccable reputations. In the beginning, I could hardly believe we were going to go against them. When I saw their desperation during the buyout meetings, it was an amazing experience.â
Jessica was talking about the near-bankrupt hedge funds and financial institutions.\n
âDo you know that one of the funds we bought was founded by the economic advisor of a former president?â
âLandmark Capital?â
âYes.â
Jessicaâs eyes deepened as she seemed to be thinking of the financial battles that had happened over the past few months. While she had not risked her life in a dungeon like Yeonhee Woo, it would have been meaningful days for her. The battles she fought would have opened her eyes, and she would want to see more.
I decided that her apprenticeship had ended because of an email Jillian had sent me last month regarding what he could have done more during this battle. He said that Jessica had independently come up with those same points.
âLetâs talk about us. Jillian said that he wanted you to head a desk team.â
âPlease donât say that.â
âYes?â
âI just made some lucky guesses. Thereâs all the difference in the world between making guesses and actually putting down hard cold cash on those guesses. You havenât sent the report to them, right?â
âThem?â âThose Geniuses who wrote the investment proposal. They would just laugh. Who are they? I cannot forget the shock I felt when I read the proposal. I couldnât sleep for days.â
âYouâre talking about this, right?â
I took out a new investment proposal, and Jessica barely managed to stop herself from grabbing it.
âYou can see it, as I brought it for that purpose.â
âReally?â
While her eyes burned with joy, she did not reach for the proposal.
âI do not know how much Jillian exaggerated, but your clients are making a mistake. Jillian said, âAll that we learned in school, and on the trading floor, is useless for this battleâ, and I agree.â\nJessica was smart, as she knew what reading the proposal directly meant.
âI have to study under Jillian still.â
âYou differ from his opinions.â
âNo, I meant I cannot leave the Isle of Man. I have to learn so much from him. I was only a phone secretary a few months ago, andâŠEthan, Iâm not misunderstanding things, right?â âMy clients and I agree with Jillian, but we cannot force you. Will you listen to our offer?â
***
The funds in the Isle of Man were used for the Wall Street buyouts, and the firm had bought three major hedge funds, including Landmark Capital. Out of the three, two had given up their portfolios, databases, and client funds. However, Landmark Capital had managed to save a small partnership. They used their bankruptcy as an investment method, and New York and Isle of Man were looking for firms that were run by clever people like that.
Some losers received government buyouts, while others managed to make a profit. Others lost everything they had to us. Wall Street was like that now.
âOur clients want a Global Property Management Firm at this time.â
Jessica was not surprised, as she would have had expected such an outcome from the order to be aggressive in buyouts.
âThe buyouts are only the beginning. Not only independent hedge funds but investment institutions with various funds are now undergoing negotiation.â I began.
âI know that.â
âTherefore, we will tie some of them to a group the size of Bluestone.â
âYou know that Jonathan Investments are going through the same process?â
âI am the one who got the Isle of Man and New York talking. I guess you have not heard that.â
âIs that so?â
âJonathan Investments has also emerged victorious, and they would have massive amounts of cash. We should not compete with them since weâre in a similar situation. Both Jonathan Investments and we are the winners, and it would be stupid to risk our winnings fighting each other.â (EN: Remember, the staff at New York (Jonathan Investments) AND Isle of Man are unaware theyâre both owned by Jonathan and Sun. This was deliberately setup by Sun. ^_^ )
\nâIs there more?â
âWhat do you want, Jessica? For America to crumble?â
âHow much money will I manage?â
âTwice of the original Isle of Man funds.â
Jessicaâs face went rigid at those words.
âThirty billion dollarsâŠâ
âItâs a large amount, but not that much of a challenge.â
Jessica nodded.
âThe rules are the same. You will not be responsible for losing money if you follow the proposal.â
âI just need to buy and press down prices.â
âYou will also need to head over a hundred elite managers. What will you do, Jessica?â
She did not hesitate.
âIâll stay.â
***
The new investment proposal was simple, as it only said to buy the major IT stocks in the New York NASDAQ. It was late 1998, and the dotcom era where monkeys could make money was about to come as the world went completely insane for internet startups.