Wall Street of the third generation chaebol

＜ Support from Rockefeller. (3) >

dump.

– Buy, just save me!!!

The news of my attempted assassination turned the New York Police Department (NYPD) upside down.

The Commissioner of the New York Police Agency visited my mansion several times and prayed that his hands would become his feet. After that, a public security department was established inside the New York Police Department to search for spies.

The New York Police Department was busy because the spy could not proceed with the investigation of my attempted assassination.

– Search all over! Don’t miss a single rat!

However, after a public security department was established, something even more striking happened.

After holding me for a few days and scouring the inside of the New York Police Agency, it was revealed that more than 50% of the police were being paid by someone, and 20% of them were spies of secret societies such as the Pinkerton National Detective Agency or the KKK.

It was a natural result if it was natural, since the New York Police Commissioner was watching after John Pierpont Morgan.

“I think the inside of the New York Police Department must have been a spy lair. There are even anarchists mixed in there, right? Does this make any sense!!!”

“All right, I will take action immediately!!!”

From that day on, the New York Police Department was overturned, and several heads were cut off by the guillotine of the bloody purge. Some serious bastards were prosecuted one after another by the New York Southern District Attorney’s Office.

As a storm raged and the interior of the New York Police Agency became as dry as a freshly washed towel, the New York Police Commissioner quickly set up a special investigation team to try to assassinate me.

And the results of the investigation into my attempted assassination case came out.

“Are you behind George Gould?”

Not Jack Morgan?

I stifled my doubts and looked at the New York Police Commissioner. Where did George Gould come from?

He was well aware of the notoriety of the New York Police Department at this time, but he became dizzy with unexpected trolling.

‘Did you wash these bastards properly?’

***

“The second meeting. We will proceed.”

While the New York Police Department was investigating my attempted assassination, the secret meeting did not stop and entered the second day.

Undoubtedly, if we do not stop the secret talks and take appropriate action beyond Black Wednesday, the US economy will go downhill.

So I, too, was holding the meeting naturally in the center of the meeting room.

“Today’s agenda is a trust company.”

“Trust companies? Wasn’t this Black Wednesday just a problem for railroads?”

“no. As a result of our hedge fund’s uproar, even the accounting fraud of trust companies was revealed.”

The New York Stock Exchange is currently struggling with the mace of the railroad bubble.

But the problems didn’t end with the railroad company.

It was not only railroad companies but also trust companies that confirmed accounting fraud through a letter from the New York Press Forum (NYPF).

A trust company is completely different from a bank, but in this special situation, you can roughly call it a bank and substitute it. So, it means that the bank was fraudulent.

I quickly distributed the materials to the secret meeting room.

“Ts. I knew my trust bastards would be like this someday. Looking through the data, it’s clear that they committed accounting fraud, as the Detroit director said.”

“But it wouldn’t be a big problem, would it? I don’t think it should be open to the public.”

“gibberish! You’ve learned finance by rail, so you sound like a stoner.”

“What, what!!!”

bang-!

The finance directors of railroad companies and the heads of large banks had a bloody argument, but in this case, the heads of large banks were right.

This was disclosed to the public and apart from the problem of self-report, accounting fraud itself had a huge problem.

“There will be a bank run.”

As I dropped a bomb on the conference room, silence fell for an instant.

The presidents of the big banks sighed deeply, and the finance directors of the railroad creaked their necks and looked at me.

I put a strap around my neck.

“Trust companies today are crazy people who dump more than 95% of their clients’ deposits into stocks. But what if even the remaining 5% are faults woven by fraudulent accounting and debt?”

When I presented the cold reality of a bank run to the financiers gathered at the conference room, astonishment began to spread on their faces.

“……crazy.”

“Didn’t the New York Stock Exchange, which invested 95% of the trust companies’ funds, also go to a goal?”

“Then that doesn’t mean that trust companies now have empty safes!”

“As the Detroit director said, if this goes on, there will be a bank run!!!”

Bankrun is madness.

When withdrawals begin to fail in one place, the public panics and runs to another bank to withdraw their deposits.

The end of the chain has always been the terminus of panic.

“But there is a solution.”

The root cause of bank runs is lack of money. If so, you can put a huge amount of money into the safe before the bank run explodes.

This novel was posted at https://readwn.com

Of course, when it calms down, it will pay off everything and bloody restructuring will await.

“First, let’s drop a bomb made in dollars on the New York Stock Exchange. A big boon is a bomb. We have to save it first.”

Now, in this conference room, dollar monsters called the Rockefellers and the Morgans were living and breathing.

***

However, the financial aid of the major Wall Street banks, the Morgans and the Rockefellers was not implemented the next day. There are many reasons, but in the end, it was to extract the maximum benefit like capitalist spearheads.

Companies that will survive anyway.

The members of the secret meeting were thinking of sucking up all the amount that investors throw at this opportunity with a vacuum cleaner.

“I will open.”

As soon as the New York Stock Exchange opened, the big banks and major families began pouring large sums of money into the New York Stock Exchange in order to get even a little more stake in the railroads that would be merged.

The Rockefeller family owns shares in the Pennsylvania Railroad.

Morgan’s BNSF, Great Northern related stocks.

Wells Fargo shares in Class 2 railroads.

etc.

My hedge fund and I also took advantage of the flow and swept up stocks of railroad companies that would make up for the short selling without borrowings.

-5%.

As a result, unlike Black Wednesday the day before, when about 100 circuit breaks were applied, only 25 railway companies had circuit breaks.

Investors flocked to the New York Stock Exchange with question marks floating above their heads.

This novel was posted at https://readwn.com

Obviously, the New York Stock Exchange fell only -5% despite more stocks being sold than yesterday.

It was the next day that they found out the truth.

“Outside, outside!”

“Give me one copy.”

“Two cents!”

the next day, Friday.

As the New York Stock Exchange got ready to reopen, Wall Street investors walked into Federal Hall with heavy footsteps.

When newsboys circulated outside the Wall Street Journal, Wall Street investors habitually bought one copy.

🥳-

“Well?”

[ Big Wall Street Banks and Railroads Announce Large-scale Mergers and Acquisitions Plans. Class 1 railroads that shocked the railroad industry. ]

[ Transcontinental railroad BNSF launched. North America’s largest rail trust is completed. ]

[ The railroad monster of the eastern United States, the completion of the Pennsylvania Railroad (PRR). The Rockefeller family also joins. ]

[ JP Morgan Bank responds to dramatic agreement from the railroad industry. Implement funding immediately now. ]

“……What is this sound?”

“So, yesterday, the Waldorf-Astoria Hotel was strangely crowded. Maybe the railroad companies got together last night and had a meeting?”

“Crazy, New York Central Railroad, Erie Railroad, and Pennsylvania Railroad combined? There are no monsters. A nonsensical monster was born in the eastern United States.”

“If that’s the case, wouldn’t it be the end of the railroad trust?”

“If the Rockefellers joined, wouldn’t the New York Stock Exchange be able to survive?”

Rockefeller.

Standard Oil monopolized the oil market. The Rockefeller family owns Standard Oil.

And a family that symbolizes the concentration of wealth.

It was a name that came to American citizens with love and hatred, but to that extent, the influence of the Rockefeller family was recognized by everyone with unanimous unity.

Because he was the richest man in America.

What if there is a little bit of wealth? He says he’ll sign up for us to save us.

“Long live Rockefeller!!!!”

“Rockefeller and the hedge fund are Wall Street heroes!!! Is the New York Stock Exchange alive today?”

“Yesterday the Dow was only down 5%! That will be alive!!!”

“J.P. Morgan Bank’s financial support has not been abolished!!! Dollars are pouring out!!!”

However, contrary to the delusion of investors, a small problem occurred.

The point is that the funds of each power, such as the Rockefeller family, JP Morgan Bank, and Wells Fargo, could not be gathered in one place and were scattered.

It was the result of the absence of a central system to control them, and the results of the pride scratching that the New York Stock Exchange rose only +5% that day.

“What atrocities are these!!!”

Thus, the third secret meeting was held.

***

“Establish the Federal Monetary Commission.”

I sighed.

From the beginning of today’s conference room, fierce discussions and criticism poured in.

The heads of large banks were furious at the thought of wasting dollars, and they spewed out their anger with the breath of murder from their mouths.

I quickly dug into the center of the conference room and mediated them. At some point, I became a trainer who ripped out crazy dogs.

“Federal Monetary Commission?”

Treasury Secretary Gage, who was quietly observing the sale while plucking the popcorn, shone.

After all, committees often refer to public institutions.

But contrary to his expectations, I wanted to form a private committee.

later the central bank of the United States. As the institution that will be the predecessor of the Federal Reserve System (FED), I wanted to avoid the federal government’s influence as much as possible during the build-up process.

“I’m sorry Secretary Gage, but the Federal Monetary Commission I’m going to present is a private institution that will be set up by private banks to administer funds.”

“No, but shouldn’t at least one member of the Ministry of Finance also sit on the board of directors?”

“of course.”

“Okay then. I’m worried too. I have no intention of running a committee without paying a penny.”

Gage, startled, glanced at Chairman Morgan. Seeing the Secretary of the Treasury, who was wary of whether he might have touched his heart, he felt the power of Chairman Morgan anew.

In fact, Chairman Morgan didn’t even seem to care because he was tapping the calculator in his head.

“The Detroit Director.”

“Yes, Father- President Morgan.”

“Are the members of the Federal Monetary Commission going to be made up of the big banks who attended today’s secret meeting?”

“Yes, the key members. The major banks in attendance today should become key members and function as the central system of their respective regions.”

“What about your hedge fund?”

“I plan to join the Federal Monetary Commission by setting up an investment bank under it.”

“Good.”

If this regional central system deepens, each large bank will function as a regional central bank. Although the feeling of bailout is stronger than the central bank now, a central bank is bound to happen someday.

So I also want to breathe a little.

central bank.

“What about the board of directors?”

“The United States is a country based on the rule of law. As long as it takes the form of a committee, it must pass through the House of Representatives.”

“therefore?”

“First of all, as it is the committee that will control the American economy, it is a nonpartisan mix of Republicans and Democrats and presents it as a scarecrow.”

“Of course, we have to pack up the people who are friendly to our banks, right?”

“Of course.”

But anyway, the board of directors are just good-looking scarecrows. The actual executive authority rests with the private banks, and without the cooperation of the private banks, they fall into a folding screen.

“It seems like we have to come up with a detailed bill for now, but that’s great.”

When Chairman Morgan gave a positive review, the presidents of large banks, who kept their mouths shut and nervous, began to pour out praises.

With this momentum, I made a proposal to Chairman Morgan.

“President Morgan. There is one person I want to join as a legal adviser when drafting this bill.”

“For legal advice?”

Chairman Morgan crossed his arms in interest.

I remembered the author of Paper X, which exposed the fraudulent accounting of railway companies and trust companies.

I didn’t know he was attending Harvard Graduate School, but he was an integral part of the Federal Reserve.

“Abram Fiat Andrew. He is a graduate student at Harvard Graduate School, and he is a talented person who will be responsible for the American economy in the future.”

haha.

I’ll have to put mine in too. Not volunteering.

＜ Support from Rockefeller. (3) > end