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Happy Tycoon - Chapter 670

Published at 29th of September 2021 01:31:57 PM


Chapter 670: 670

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After the matter was finalized, Yang Jing ignored the matter here.

The initiator of this incident, the core figures of the Boston consortium, was also a little worried at this time.

Although Mike aller has not managed KY investment fund in recent years, he has made great efforts behind his back. Apart from that, in recent years, Mike aller has built a large network in the United States. Although this network of contacts is not so detailed, this newly formed network can still play a great role at a critical moment.

Under the intentional guidance of Mike Aller, the FBI, which had no clue, directly focused on the Boston consortium. The FBI is not an iron bucket, and their respective mountains make the struggle between the FBI very fierce.

There must be a relationship with the Boston consortium within the FBI, but there are also opposition forces specifically against the Boston consortium. In fact, in a country with economic supremacy such as the United States, not only the federal department such as the FBI, but also the house of Representatives and the Senate, but also the powerful federal departments such as the CIA and NSA.

In particular, the nature of this "murder" against civil airliners was so bad that even President Reagan was alarmed and ordered a thorough investigation of the matter. Therefore, the FBI, which obtained the Shang's sword, dared to directly target the tycoons of the Boston consortium.

Moreover, not only the FBI, but also the CIA and the national security agency are involved. Although they don't have any evidence at present, they check it all day, which is enough for Lowell and Lawrence.

"Ha ha, that guy Smith is so lucky. The elevator of the plane is completely out of order or even locked. It's incredible that his bodyguard can still put forward a way to make the plane fly backwards, and they can do it..." Richard Mellon Schiff laughed in a room at Mellon Manor on Long Island.

Beside him sat a number of core figures of the Mellon family, including the cousins of Richard King Mellon and Paul Mellon, the two contemporary flag figures of the Mellon family, Timothy Mellon, the son of Paul Mellon, and several core figures of the fourth generation of the Mellon family.

Timothy Mellon smiled, nodded and said to his cousin skeff, "yes, this mysterious Mr. Smith is really lucky. If it were me, I'm afraid you should attend my funeral at this time."

Paul Mellon is old and strong. Although he is not a few years younger than his cousin Richard King Mellon, his body is much stronger than his cousin. "These stinky boys of the Boston consortium have suffered a lot. Cole is not a good friend. The last move he made at our charity auction has proved that he is a very strong character. This time he was almost killed by Lowell and they will take revenge."

After a pause, the old man in his eighties dusted the ashes of his cigar and said with some Schadenfreude, "I think the shares of those companies under the name of the Boston consortium should have plummeted these two days. Timothy, did you buy out the shares of those companies under the name of the Boston consortium?"

Timothy smiled and nodded, "Father, I have arranged for funds to enter yesterday. How can we miss such a good opportunity? And as far as I know, not only our funds, but also the funds of Rockefeller, Morgan, DuPont, Citigroup and the three consortia in the West and middle, there will be a good play these two days, but there seems to be no news in Cleveland."

Hearing this, Paul couldn't help frowning. The admission of funds from old consortia such as Rockefeller and Morgan can be understood. Even the admission of Texas consortia, California consortia and Chicago consortia in the middle can be understood. After all, the competition among the top ten consortia is still very fierce, and the Boston consortia has done such a thing as stealing chickens with the decline of rivers It's rare to have such a good opportunity for eroding rice. It's strange if these guys don't step on a few feet, but why doesn't the Cleveland consortium do it?

"Timothy, have you contacted Hamilton mather? What's the reason why they don't enter this time? Do they want to fall to Lowell now?"

"Father, I contacted Mr. mather. The reason he gave was that he didn't have enough money recently, so he didn't enter."

Timothy's words not only made Paul Mellon frown tighter, but also Richard Kim Mellon, who had never spoken in his wheelchair: "Paul, you should pay attention to Cleveland recently. With the change of leaders of the Humphrey family and the Eaton family, there seems to be something wrong with their recent movements. Our relationship with the Cleveland consortium has always been very close. We can't destroy the relationship between our two sides for decades because of some personnel changes."

"Richard, don't worry. I'll pay close attention to the situation there. The Cleveland consortium has always been a solid ally of our Mellon family. I won't allow them to fall to Boston like this."

Among the top ten consortia in the United States, the Mellon family and the Cleveland consortium are old-fashioned eight consortia, and their history is much older than that of the California consortium and the Texas consortium, which emerged only after World War II. As an old-fashioned consortium, the nature of the Cleveland consortium is similar to that of the Boston consortium, which is a consortium formed by the combination of several families.

However, due to the geographical relationship, the relationship between the Mellon consortium and the Cleveland consortium has always been very close. Many core enterprises under the names of the two consortia are controlled by each other.

For example, AMCO steel company, national steel company and Goodyear Tire Rubber Company are the core enterprises of cross holding between the two consortia. It is precisely because the core enterprises between the two consortia have realized mutual cross holding, so the relationship between the two consortia has always been very good.

At this juncture, the Cleveland consortium has suddenly made an unusual approach, which can't help Richard.

Paul Mellon said: "Richard, I think Cleveland can still distinguish the light from the heavy. After all, Smith also controls a large number of stocks in several core enterprises under their name. If Cleveland is on the side of Boston, I'm afraid he won't let Cleveland go in terms of Smith's character. Therefore, we should also be prepared. At least, don't take grams If Cleveland gets involved, it will also affect our Mellon family. "

Richard nodded and said, "Paul, you also have to come forward in this matter. Well, you should take time to visit Mr. Smith and politely ask him to show mercy. Alas, these fools in Boston have to annoy that guy. You say that people are agents launched in Europe. This reason is too far fetched."

Schiff nodded and said: "Yes, others don't know the foundation of Smith, but we all have some foundation. Besides, the capital brought by Smith is transferred through Citigroup and Morgan's Bank. The capital doesn't flow from Europe at all. This alone can prove that Smith is not an agent in Europe. It's just that these guys in Boston have been hated Blinded his eyes. "

After a pause, Schiff continued, "I just don't know how Smith will do it. I really hope he can make an unforgettable memory for those guys in Boston."

Timothy said, "with Mr. Smith's wrist, he won't let go of the guys in Boston. We'll just wait for a good play."

......

The same situation is also happening in several other parts of the United States. A group of terrible tycoons have gathered together and have already prepared knives, forks and napkins, waiting for a gluttonous feast.

Yang Jing also didn't let these tycoons wait more. On the sixth day after the air crash, that is, at the beginning of the new week, the stocks of several core enterprises under the name of the Boston consortium certainly suffered a lot of selling, and KY investment fund submitted two statements to ESC early in the morning, stating that it would reduce its holdings of BOLS owned by KY investment fund Shares of first National Bank of London and John Hancock mutual life insurance company.

Subsequently, the share prices of the core enterprises in the two Boston consortia immediately fell. A large number of selling caused the panic of many shareholders holding the shares of these companies. Then, the shares of the two companies fell by 15.5% in almost 20 minutes.

However, due to the stock disaster last year, the circuit breaker mechanism was activated again in the New York stock market. Therefore, when the shares of Boston first national bank and John Hancock mutual insurance company fell by more than 15.5%, the circuit breaker mechanism was automatically activated, and the trading of the two stocks was suspended for half an hour.

The activation of the circuit breaker mechanism triggered a new round of panic. After a short half-hour suspension of trading returned to normal, more selling occurred, and the share prices of the two companies continued to fall faster than those in the stock disaster last year.

The Boston consortium immediately issued a statement, claiming that it would file a lawsuit against KY investment fund with ESC. As the major shareholder of the company, KY Investment Fund announced the reduction of shares for no reason, which is an illegal practice.

However, what the Boston consortium did not expect was that their statement further stimulated the decline of stock prices. Just after ESC announced the start of interview with the head of KY investment fund, the shares of Boston first national bank and John Hancock mutual life insurance company not only did not stabilize, but accelerated their decline. By the end of the afternoon, the stock prices of these two stocks unexpectedly exploded Down 28%!

In other words, within one day, the market value of the two banks and insurance companies, which had a combined market value of more than $90 billion, directly evaporated by nearly one-third.

Henry Williams, the head of KY investment fund, directly declared that there is no problem with our reduction plan. Tomorrow, the reduction will continue!





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