Life at the Top
Life At The Top Chapter 1667
“Today, JW Foundation officially announces that it will downgrade the credit ratings of 130 core index stocks in the United States Dow Jones Index. It is recommended that investors sell and do not consider buying for a short period unless there is a major change in the company.”
“On the other hand, JW Foundation is optimistic about the stocks of high-tech companies in the United States and suggests that they can be held for a long time.”
“Now, we will have a Q&A session. Reporters who have questions or need to ask questions can raise their hands. I will select a few at random to answer.”
Although professionals had already told Jake and Baz about the entire process before the press conference began, Jake and Baz were still nervous because this was their first time holding such a major press conference while the densely packed reporters below were almost all blond and blue eyed foreigners.
At the same time, they felt slightly proud inside.
After all, not just any Somerland company could hold a press conference which foreign media would flock to. The current JW was really strong. Yet, all of this was due to the man who was not present today.
After Jake said that, a group of reporters raised their hands enthusiastically.
During this kind of occasion, there would be some insiders arranged for by the organizer. Their job was to ask some peaceful and easy to answer questions.
Jake kept the characteristics of the insiders that the staff told him before in his mind. Then, he pointed to a female reporter wearing a red sweater and said, “You, please ask your questions.”
When the other reporters saw this, they sat back in disappointment. The insider was calm on the inside, but she had a surprised look on her face. She took the microphone and asked, “Mr. Cullen, Mr. Willis, the question I want to ask is, does JW Foundation have any future action plans for the United States stock market?”
Baz and motioned to Baz to handle this easy to answer question set up
what Jake meant. So, he smiled and said, “This is our trade secret. Therefore, of course, it is not convenient for
what I want to say is that JW Foundation will never target a certain stock market or even the financial market of a certain country. JW Foundation is a profit oriented hedge fund. We
from a Western country suddenly stood up and asked loudly, “I just received the news that JW Foundation launched a
was asked, there
reporters caused
the security guard with all his might. He was staring at Baz who was completely stunned as he stood on
Jake immediately picked up the microphone and said, “Everyone, stay calm. If the scene continues to be chaotic, I have no choice but to end this press conference early. If that’s the case, I won’t
calmed down the
had gradually calmed down again, Jake let out a sigh of relief. After he pondered for a moment, he said, “In regards to the question just now, although the way you asked your question was very out of line, out of the courtesy of the people
will be the only time I will allow it. If something similar happens next time, I will have to end the
to declare that this is not a so-called hostile takeover. Rather, JW Foundation is optimistic about the future development of ExxonMobil and has decided to invest in it. There is only so much I can
question still grabbed everyone’s
the trading curb on the Dow Jones Index some
seemed like a very idiotic question. However, this question made Jake very uncomfortable. After all, even if everyone knew, he could never
JW Foundation has some investments in the United States financial market, we can’t trigger a trading curb in the financial market, and we would not have done so given the choice. We will continue to observe the specific
“Excuse me, Mr. Cullen…”
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