Chapter 464: Die together

Looking at the former director of a trust company, Mike suddenly stood up and whispered, "It turns out that you have already surrendered to our enemies. You are the culprit of all this now. You will go to hell."
"For the sake of the former colleague, please calm down now." Blair took out his handkerchief unhurriedly. He was already mentally prepared for everything that might appear, so he was not flustered in the face of Mike in the rage. The expressionless acceptance of Mike's accusations, people go to the empty office, only scattered on the ground to witness everything.
When Mike completely calmed down, Blair explained, "After I left the trust company, the boss of the United Company took the initiative to come to the door. You, President Barney, and several major shareholders of Morse underestimated me now. Boss, even if you sell all the mines of United Mining at your price, you ca n’t afford it. This is the first time I met with the boss. He told me personally that your speculation has been seen through. "
"Mike, you just said that the trust company was jointly attacked by bankers. Through public opinion and clearing centers, with the financial power of my boss, this is not possible. Boss William just looked at this Everything happened, if you say something wrong, you can only say the wrong thing without reminding you, but when it comes back, why should you be reminded. The adults are the plaintiffs who are responsible for their choices, and I reminded me when I was in the company The risk of secondary speculation is huge, does anyone listen to me? "
Over time, once again referring to the speculation about copper prices, Blair has no unnecessary arguments, it seems very light-hearted, the debate on who is right and who is wrong today, the result is already obvious today, but Nick Burke Trust and Investment Company has gone bankrupt, Become history.
Mike, the executive director of the former Nick Burke Trust and Investment Company, painfully closed his eyes and slumped on the chair. Although Blair did not mean to blame, a trust company with 60 million cash in a few days He was crushed. What a cruel thing for him. Even the associated Heinze and Morse-controlled investment banks were run over, and a major Wall Street force disappeared.
From multi-millionaires to bankruptcy and liquidation, together with dozens of banks and shadow banks all around New York, all uprooted, it all took only a few days, which is an unforgettable nightmare.
"Tell me about your purpose? Blair, your boss should have something to tell you to come to the door." Mike lay prostrate on the table, and he even lost his strength to support himself.
"I want to see Mr. Barney, the president of the trust company, and Mr. Heinzer and Morse, there are important things to discuss." Blair said his purpose, "Although it is not clear how many forces, to Nick Burke The trust and investment company started, but my boss and others have different goals. If the communication is smooth, you may not lose too badly. "
Things have evolved to what they are now. Mike has no choice. Even if he knows that the other party is taking advantage of the fire, he can only nod and promise to take Blair to find several people who are also in trouble.
The situation here is different in Chicago. The Chicago Clearing Center responded quickly and reached out to the trust companies that were run. And mobilize the reserve funds of member banks in a unified way to rescue troubled banks and trust institutions. At the same time, clearing house loan vouchers were issued to alleviate tight money supply, and banks that were unable to cope with the run of depositors were closed for business and other measures to protect them.
This is the answer given by Edith Rockefeller against the Chicago Clearing House. If the matter ends here, the Chicago Clearing House ’s move will have an effect, provided that this run will not spread from New York to the whole country. How is this possible? The slave owners strongly opposed it.
Blair has already seen several financial giants who have been crushed. Just a few days ago, they were all flamboyant financial giants, and now their assets are waiting to be liquidated, and the stocks in their hands are still waiting to fall to the market. At that time, they said that they would become ordinary people again. Although they could not be completely impoverished, if they could not bear the blow, people who committed suicide because of the unacceptable life gap were not rare examples.
Barney, the president of Nick Burke Trust and Investment Company, and Heinze and Morse, who control many banks, are like defeated roosters at this time. Without the previous arrogance, even the willpower is collapsed.
Prior to this dialogue, the stock price was like a drop of mercury. The plunging stock market repeatedly hit new lows. The stock market plunge illustrates one thing. The current economy is not only poor, but has a very, very serious liquidity crisis. The liquidity crisis simply means that everyone has no money on their books. Perhaps the billionaire has a hundred houses, but the cash on hand is only a thousand yuan, and as the thousand dollars are spent, the billionaire ’s declared wealth is all It is a number that cannot be converted into his actual value.
Then with his expenses, he must sell the house in his hand to maintain the cash flow on hand, but when the time to sell the house is when no one can sell it, so his house must be sold at a discount, then His wealth is likely to fall from a billion-dollar valuation to hundreds of millions or even tens of millions.
The plunge has led to huge losses in all financial industries such as banks, funds, trust companies, futures companies, etc., and these losses are transmitted to banks and the public in the form of leverage, so these financial companies in order to ensure huge losses There will be no complete collapse, and all large companies ’previous investment in gold, silver and other futures for the purpose of hedging must be sold off, and the leverage loss on hand should not be collapsed and can be maintained.
This is why the safe-haven currency clearly did not rise but fell instead of the global crisis. It is not that the crisis is not big enough, but that the crisis is so big that no one has the money to invest in gold. Everyone has to sell the gold and maintain their cash flow through the crisis. This is a bit like, when real famine and wars appear, the landlord ’s land and gold are not as good as a bun in the hands of the peasant. Before the crops on the land grow, the landlord may starve to death.
But this does not include slave owners. From the time when the bubble was the biggest, Sheffield kept cashing out, holding gold and silver out of the minerals in his hands. Although Sheffield never thought that silver was so valuable, it was very special in special times. It's worth. In the end of the First World War, the participating countries all emptied their gold reserves. Later, it was not a coincidence that they used silver, but he must have a major economic crisis. If it is not big enough, silver has no value.
"The fall of Nick Burke Trust & Investment will release a signal to the public that some local crises are threatening the entire financial system. This is my boss's judgment." Blair nodded to these former ... financial giants Then, the words changed, "Now? Dear Mr. Barney, Mr. Morse, Mr. Heinze, you have two options now. The first is to take care of the overall situation and leave the casino with a gambler. An ordinary citizen, forgetting all the glory in the past, treats it as a dream. "
"Forget the mansion, forget the wine, forget the big villa, forget the respect that was received in the past, buy a piece of land with the few assets in your hands, and spend the rest of your life safely."
"As for the other choice?" After seeing several people staring at themselves, Blair didn't sell the customs, and said directly, "It's better to make things bigger and bigger than to be cleaned up by those bankers." Let all citizens know that the current banks and stock markets are indeed high-risk and in a very unhealthy range. Every bank has a lot of junk debts, let this run-off spread across the country, and let the winners understand that they have not won , Everyone went bankrupt together and returned to the starting line. "
One option is to be so great that you die. The other option is to die together. In fact, in the situation where several people are actually bankrupt, it is actually not easy to talk if you want to speak. No matter Heinze and Morse, the amount of sound is definitely not as loud as before. This is because Nick Burke Trust and Investment Company has just gone bankrupt. If the bank is liquidated by the New York Consultation Center in a few days, the stock in hand drops to Withdrawal from the market, they are no longer qualified to speak.
Given the current situation of Heinze and others, what choices to make still need to think, not to mention a man who received orders from the slave owner to confuse, "My boss is willing to take over everyone at the previous tenth of the price. The stocks in your hands, the sixty yuan joint copper mine, has now fallen to eight dollars, and at the current price, you are not losing money. "
Without losing a fart, when Nick Burke Trust & Investment bought copper mines from Sheffield, United Copper Mine had already been thirty dollars at that time, and the shares of United Copper Mine had reached sixty dollars when the bubble was the biggest. It also includes all banking institutions under the Nick Burke Trust & Investment Corporation.
"Gentlemen, do n’t assume that you are losing money. Now the most scarce thing in China is cash. Maybe half a month later, you will get cash from the sale of stocks. When other banks go bankrupt and the stocks plunge, you can continue to buy. "Blair said eloquently," and my boss is a kind person who only needs a relative controlling stake, and has not kicked you out. The joint company accounts for 51% of the shares, and the rest of you Points, is n’t it good for everyone to make money together? "
At this time, Blair showed his good professional ability, and helped him analyze the pros and cons.
"Okay, then let's die together!" Heinze, who had run out of the last bullet, looked up and made his choice.