Brave of senator mister is not big, is interested in the finance, Lynch does not want to know, knows indifferently. 参议员先生的胆子大不大,对金融感不感兴趣,林奇不想知道,也无所谓知道不知道。 He must understand that this senator mister is acting bashful for a long time, now suddenly relents, the order that also certain and increases has the relations. 他不可能不明白这位参议员先生拿捏着自己这么长时间,现在突然松口,也一定和增加的订单有关系。 The military fought a successful battle, made one „the world's first naval power” reputation, now the strength and influence of military infinite expands. 军方打了一场胜仗,打出了一个“世界第一海军强国”的名头,现在军方的实力和势力无限的扩张中。 Some people have counted, five years ago entire military all year round military budget few hundred million, Congress rejected the military over 60% budget. 有人统计过,五年前整个军方一整年的军事预算都没有几个亿,国会驳回了军方百分之六十以上的预算。 The reason does not want to initiate international to confront, thinks that the federal military strength will only make the international friend anxious, therefore rejected most budget requests. 理由是不想引发国际对峙,认为联邦军方增强实力只会让国际友人不安,所以拒绝了大多数的预算要求。 This year, merely was the budget in navy, the verification authorization from now on already over 1 billion, this explained various military aspects „strength” high-speed expansion. 今年,仅仅是海军方面的预算,审核批准过后就已经超过十亿了,这说明军方各方面的“力”都在高速的扩张。 Today stops the thing that the military wants urgently, tomorrow Military Intelligence Bureau will start to search the black material of senator mister. 今天阻拦一下军方迫切想要得到的东西,明天军情局就会开始搜查参议员先生的黑材料。 Indeed, the federal law stipulated that does not allow to conduct putting a case on file and beginning investigations of any nature to office official, if some people are very familiar with this bill, only has certainly one in this inside „territory”. 的确,联邦法律规定不允许对在职官员进行任何性质的立案调查,如果有人对这个法案很熟悉的话,就一定只在这里面有一个“域”。 This bill can restrain is these law enforcement, probably Federal Bureau of Investigation, Federal Police Bureau, federal peaceful commission, Federal Homeland Security Bureau, Federal Revenue Service. 这条法案能够约束的都是那些执法机关,像是联邦调查局,联邦警察局,联邦安委会,联邦国土安全局,联邦税务局等。 And excluding Military Intelligence Bureau and federal army and federal navy internal investigation branch, they are not in the management scale of this bill. 其中不包括军情局和联邦陆军与联邦海军内部调查处,他们不在这条法案的管理范围之内。 In normal condition military not initiative investigates any official, because of not needing, is not worthwhile. 正常情况下军方不会主动的去调查任何官员,因为没必要,犯不着。 But they are are not undoable, this is very important, they can do, but does not need to do, is not undoable. 但他们不是不能做,这点很重要,他们是可以做但没有必要做,不是不能做。 Once Military Intelligence Bureau thinks that senator mister had the extremely serious impact on the national security, they can aim at senator mister to investigate directly. 一旦军情局认为参议员先生对国家安全造成了极为严重的影响,他们就可以直接针对参议员先生进行调查。 Arrived may discover finally this is one „false alarm”, in the process of this investigation, they discovered accidentally/surprisingly other issues, for example crime by taking advantage of duty anything, or abuses the authority. 到最后可能会发现这就是一个“假警报”,不过在这个调查的过程中,他们意外的发现了一些其他的问题,比如说职务犯罪什么的,或者滥用职权。 These two charges in certain countries, for example Frat, possibly is a joke, but in the federation, they enough makes a senator discard own power and influence. 这两个罪名在某些国家,比如说盖弗拉,可能就是一个玩笑,但在联邦,它们足够让一个参议员丢掉自己的权势。 In any event, senator mister frequently and military has to do, he definitely knows these, otherwise so urgent wish will not sell well- before the truth comes out. 无论如何,参议员先生经常和军方打交道,他肯定知道这些,不然也不会如此急迫的想要卖个好-在真相披露之前。 But this is Lynch does not give him directly what substantive advantage, reason that but gives him a hearsay, this is he must express. 而这也是林奇不直接给他什么实质性的好处,只是给他一个小道消息的原因,这就是他要表达的。 „Wants the advantage, bets!” “想要好处,赌一把！” Goes home senator mister to ponder all these successes and failures at the same time, president every time is in the suffering forwarding second after second. 回到家中的参议员先生思考着这一切得失的同时,每时每刻的总裁正在煎熬中一秒一秒的向前。 The time looks like to him saw blade that cuts his soul, every seconds is pulling back and forth, his soul soon split. 时间对他来说就像是一把切割他灵魂的锯片,每一秒都是一次来回的拉扯,他的灵魂快要裂开了。 Asset every time shrinks seriously, what is more fearful is some shareholders tells him, some people contact these shareholders in secret, planned that purchases some stocks from their hands. 每时每刻的资产严重缩水,更可怕的是一些股东告诉他,有人私底下接触那些股东,打算从他们的手中收购一部分股票。 Meanwhile his individual adviser also told him, recently in stock market, some not normal transaction. 同时他的个人顾问也告诉他,最近股票市场中,有些不正常的交易。 Large amounts of stocks must be clean by some scattered swallowing, although these people want to make this are the phenomena of normal transaction, but it violates the financial rule. 大量的股票被一些零散的吞得干干净净,尽管这些人想要做出这是正常交易的现象,但它本身就是违背金融规律的。 In other words, some people are attempting through purchasing the way of the non-tradable share and stock, grasps the certain amount of stock one time, then to launches the bidding war every time. 换句话来说,有人正在妄图通过收购非流通股和流通股的方式,一次性掌握到一定数量的股票,然后对每时每刻发动收购战。 The purchase between capital and capital is not always a very ordinary matter, does not seem like has no understanding actually to think to the stock in the population that own anything knows said such simple. 资本和资本之间的收购历来都不是一件很普通的事情,不像是一些对股票没有什么了解却认为自己什么都知道的人口中说的那样简单。 Purchase very complex, this inside involved many things, the most important thing is fund. 收购非常的复杂,这里面涉及到了很多的东西,最重要的是资金。 A market value supposition of listed company is ten hundred million, wants to acquire this company forcefully, at least needs to prepare over 1.3 billion funds, this is at least. 一家上市公司的市值假设是十个亿,想要强行收购这家公司,至少要准备十三亿以上的资金,这是至少。 Generally the analyst will tell person who these attempt to do that- you must prepare 2 billion, and must face the possibility of certain failure. 一般分析师会告诉那些妄图这么做的人-你们得准备二十亿,并且还要面对一定失败的可能。 Reason that need premium so many, are because has named „a buy-back provision” in most listed companies thing. 之所以需要溢价这么多,是因为在大多数上市公司中都有一个叫做“回购条款”的东西。 When this thing joins from the shareholders to this enterprise for the first time, has written in the contract. 这个东西从股东们第一次加入到这个企业时,就已经写在了合约中。 When company faced with hostile takeover, the company board of directors have the power by the price of market price premium certain extent, first purchases the stock in shareholder hand. 当公司面临恶意收购时,公司董事会有权力以市价溢价一定程度的价格内,优先收购股东手中的股票。 Before this price is everyone, reached an agreement, well-established rules, that was least is not lower than 30%. 这个价格是大家之前谈好的,也有一种约定俗成的规则,那就是最少不低于百分之三十。 A market value of when 1 billion company, faced with malignant purchase, they must put out the circulation and non- circulation stock 130% funds recycle the stockholder's rights, therefore wants to purchase forcefully, at least needs over 130% of market value to be good. 一个十亿公司的市值,面临恶性收购时,他们就要拿出流通和非流通股票百分之一百三十的资金来回收股权,所以想要强行收购,至少要有市值的百分之一百三十以上才行。 Every year profit many people watch every time, the eyeball was red, has no means. 每时每刻每年的利润很多人都看在眼里,眼珠子都红了,却又没有什么办法。 These native of Romania , Mali fully realize the method of federal person capital game, before the federal person has not responded, they handled the ingredient issue of board of directors. 这些马里罗人深知联邦人资本游戏的玩法,在联邦人还没有反应过来之前,他们就搞定了董事会的成分问题。 This inside has the person of federal native place investment institution, has the federal free investor, there is an investment of bank, then they are divided into the small share the remaining stocks, gave some puppets, seemingly everyone is grasping thousandths to 0% several stocks, most not over 20%. 这里面有联邦本土投资机构的人,有联邦自由的投资者,也有银行的投资,然后他们把剩下的股份分成小份,给了一些傀儡,看上去好像每个人都掌握着千分之几到百分之几的股份,最多的都不超过百分之二十。 May in fact have probably more than 40% to 50%, grasps in every time the hand of chairman, he is operating all these in the back! 可实际上有大概百分之四十多到百分之五十,都掌握在每时每刻董事长的手中,他在背后操纵着这一切！ Before people wanted to insert one here, had no good way. 以前人们想要在这边插一手,却没有任何好办法。 The young shareholders of these federations not possible to sell out the stock in hand, this type can guarantee that year after year the rate of return the high-quality enterprise is also rarely seen in the federation. 那些联邦的小股东不可能把手里的股份卖掉,这种年年都能保证盈利率的优质企业在联邦也不多见。 Then can only take a broad view at the stock market, after the purchase stock achieves 3%, sounds the bugle of purchase war. 那么只能放眼股票市场,通过收购流通股达到百分之三后,吹响收购战争的号角。 Market value every time is too high, once the investor knows that some people must start the hostile takeover, does not need chairman every time to lobby the investor to raise the stock price, these investor raise the stock price on own initiative. 只是每时每刻的市值太高,一旦股民知道有人要开始恶意收购,不用每时每刻的董事长去游说股民抬高股价,那些股民自己就主动抬高股价。 Hundreds of millions stocks, could use up two times of money incessantly to be able finally to attain, attaining is also not a major stockholder, after entering the board of directors, must pass through a round stock to dilute issues additionally the stock to go on the market. 几亿的流通股,最终可能要用掉两倍不止的钱才能拿到,拿到了还不是大股东,进入了董事会之后还要经过一轮股份稀释重新增发股票重新上市。 In other words possibly spent 7.8 billion even is 1 billion, only purchased less than 20% stocks, seemingly major stockholder, as but before was acted bashful by a native of Romania , Mali stubbornly. 换句话来说可能花了七八亿甚至是十亿,只收购了不到百分之二十的股份,看上去好像是大股东了,可依旧被马里罗人拿捏的死死的。 Although people eyes are red, actually also can only be jealous. 人们虽然眼红,却也只能眼红。 But the situation is now different. 但现在情况不同了。 The Lynch press conference becomes the bugle that starts the general attack, the stock price falls suddenly at the same time capital to smell the delight of blood again, regarding every time, often throws the tear and bite flesh to get down together. 林奇的新闻发布会成为了发动总攻的号角,股票价格暴跌的同时资本再次嗅到了鲜血的甜美,围绕着每时每刻,不时的扑上去撕咬一块血肉下来。 Now wants the investor spontaneous run-up stock price? 现在想要股民自发的抬高股价？ They only hate oneself stock not long two legs now, only hated to be slow, sold is expensive others who they sold not to want, which also had the thoughts to help launch the battle every time? 他们现在只恨自己的股票没有长两条腿,只恨它们卖的慢了,卖的贵了别人不要了,哪还有心思帮着每时每刻发动保卫战？ From the beginning had not discovered every time this issue , because is the multi- accounts slightly stutters throughout, according to the financial law of federation, if an account purchased the stock to achieve 3% of total capital stock, then must submit the material to all parties. 一开始每时每刻没有发现这个问题,是因为始终都是多账户小口吃进,按照联邦的金融法,如果一个账户收购了流通股达到总股本的百分之三,那么就要向各方提交资料。 This is the normal investment behavior, is the takeover. 这是正常的投资行为,还是收购行为。 If the takeover, divides the normal purchase and hostile takeover. 如果是收购行为,又分正常收购和恶意收购。 The company of former need stock holding account or individual and sits to chat the purchase item every time, finally releases announcement explanation. 前者需要持有股票账户的公司或者个人和每时每刻坐下来谈谈收购事项,最终出台一个公告说明情况。 If malicious, then the FSC will start the hostile takeover regulations, monitors operation of both sides, guaranteed interests that they will not hurt to the ordinary investor. 如果是恶意的,那么金管会就会启动恶意收购条例,对双方的操作进行监控,确保他们不会伤害到普通股民的利益。 The hostile takeover is divided into many stages, once starts cannot stopping easily, otherwise must be under investigation by „destruction money market order crime”. 恶意收购分为多个阶段,一旦发动就不能轻易的停下,否则就要以“破坏金融市场秩序罪”接受调查。 Also because of this, most of the time the war between capital and early period of the capital, will not have the too clear signal. 也正是因为这样,大多数时候资本和资本之间的战争前期,并不会有太明显的信号。 Before preparing to fight hand-to-hand to fight with all might, they have borne patiently, prepare complete. 在准备肉搏拼杀前,他们会一直隐忍,做好完全的准备。 Trading the hand quantity increases high-speed is a signal, slightly stuttered massively into is also a signal, wanted to discover these, must some people stare frequently is also analyzing. 换手量高速增加是一种信号,大量小口吃入也是一个信号,想要发现这些,就必须有人时时刻刻盯着并且进行分析。 When these people eat was similar, they dispersing the stock in different stock account converge in an account, over 3% 5%, will even start the purchase directly. 等那些人吃的差不多了,他们把分散在不同股票账户里的股票汇入一个账户里,超过百分之三甚至百分之五,就会直接发动收购。 In these young shareholders in light of present company encounter the contacts of some people frequently, without a doubt, some people planned the one breath swallows down every time. 结合现在公司内部的那些小股东频繁遭到一些人的接触,毫无疑问,有人打算一口气把每时每刻吞下去。 This has been every time since establishment, weakest moment! 这是每时每刻从建立以来,最为虚弱的一刻！ Because of the market value large scale shrinkage, the bank credit declines, they cannot even borrow money from the bank! 因为市值大幅度的缩水,银行信用下调,他们甚至不能从银行借到钱！ Naturally this is also very normal, the bank always not the person who money will lend these anxious need money, because they will unable to pay the interest, has not had the capital. 当然这也很正常,银行从来都不会把钱借给那些急切需要金钱的人,因为他们支付不起利息,也还不起本金。 They will only lend these not to need money money, can pay the interest, can also probably the person of capital. 他们只会把钱借给那些不需要钱,能支付得起利息,也能还得起本金的人。 Now falls into troublesome middle every time obviously is not this situation, even in the company is that part of bank investment, from the stock, will turn into the debt again! 现在陷入麻烦当中的每时每刻显然不是这种情况,甚至公司内属于银行投资的那部分,也会重新从股份,变成债务！ The bank has been used to it borrowing money turns into the stock of high-speed development corporation, when necessary turns into the debt the stock, in any event, they will not owe. 银行早就习惯了把借出去的钱变成高速发展公司的股份,必要的时候又把股份变成债务,无论如何,他们都不会亏。 „Mr. President, today's trading hand quantity started to drop, left our time is not many.” “总裁先生,今天的换手量开始下降了,留给我们的时间不多了。” Mr. President looks very thin and pale, the whole body is the liquor air/Qi, „why said?” 总裁先生看起来很憔悴,浑身都是酒气,“为什么这么说？” The analyst pushed the eyeglasses on bridge of the nose, „trades the hand quantity the stock of meaning circulation that drops starts to reduce, some had entered in the accounts of these people, but also some people possibly also discovered the issue, they start to choose to wait and see.” 分析师推了推鼻梁上的眼镜,“换手量下降的意味着流通的股份开始减少,一些已经进入了那些人的账户里,还有些人可能也发现了问题,他们开始选择观望。” „Isn't this to us the good deed?”, He the head that cannot rotate flexibly gives himself with himself a judgment, this should be the good matter, at least these villains could not buy many stocks. “这对我们来说不是好事吗？”,他用自己已经不太能灵活转动的脑袋给了自己一个判断,这应该是好事情,至少那些小人买不到多少股票了。 The analyst shakes the head, „this means that our opponents, was almost the time starts the general attack......” 分析师摇了摇头,“这意味着我们的对手,差不多是时候发动总攻了……” „If you cannot take the means that we might discard many domains very much.” “如果你拿不出办法,我们很有可能会丢掉很多的地盘。” His words made Mr. President become sober most probably, he looks at the analyst to ask, „how should that I do?” 他的一席话让总裁先生酒醒了大半,他看着分析师问道,“那我该怎么做？”