In the 1987 stock market crash that swept the world, the Hong Kong Island Stock Exchange's approach was rated as the stupidest thing in the stock market crash, and Li Fuzhao became famous all over the world because of this.

As soon as he thought of this, Chen Geng couldn't help but shake his head.

"Boss, your phone," just as Chen Geng lamented Li Fuzhao's stupidity, Kelly Hicks came over again with the phone and whispered, "Mr. Baker's." ”

Baker Chen Geng was a little surprised: What is Howard Baker doing calling himself here?

Surprised to surprised, Chen Geng still took the phone at the first time: "Mr. Baker." ”

"Mr. Fernandez, Mr. President, I would like you to come to the White House," Howard Baker paused on the phone, "the sooner the better." ”

"To the White House?" Chen Geng was stunned for a moment, just a few seconds ago, he thought about the various possibilities of Howard Baker calling him, but he didn't expect that the president wanted to see him. He couldn't help but say, "Mr. President...... Why did he want to see me?"

"You know what the stock market is like today," Howard Baker sighed, "what a disastrous day......

Chen Geng echoed: "Yes, a disastrous day. ”

Howard Baker said: "Mr. President has urgently recalled Mr. Baker, the Minister of Finance, Mr. Baker, who is visiting West Germany, and Mr. Green Span, who is in the field, and in addition to the entire cabinet team and some senators, Mr. President to Mr. John Phelan, Chairman of the New York Stock Exchange, the heads of the five major banks, the President of Coca-Cola Group, the President of General Electric Group, the President of IBM Group, and you, in the business community, Influential officials in the scientific and technological and financial circles have issued instructions asking everyone to closely monitor the development of the situation and discuss countermeasures. ”

I see!

When the stock market fluctuated abnormally a few days ago, Li Gen proudly provoked the stock market: "Let's collapse one?"

The stock market said: "If you collapse, you will collapse, and Lao Tzu will cry you." ”

Then today's sharp fall, the stock market completely collapsed and cried Li Gen.

Chen Geng hesitated a little: "This ......"

"Mr. Fernandez," Howard Baker suddenly lowered his voice, "I suggest you better come and have a while." ”

Well?

Chen Geng was stunned at first, but the next moment, he immediately reacted: That's right, it's best for him to go.

Although he doesn't make much money today, to a certain extent, he is also robbing the heads of these guys, in this case, putting on a look of "Lao Tzu is also unlucky today" to participate in this seminar of Li Gen's classmates is itself a disguise for himself - and then again, Li Gen's invitation to himself does not show that his influence in the American political and economic circles has reached a level that cannot be ignored?

He immediately nodded: "OK, I'll contact the airport immediately." ”

........................

In the face of this "Black Monday", which was almost comparable to the 1929 stock market crash, the top level of the US government was really anxious: when Chen Geng's plane landed at Washington International Airport, a Black Hawk helicopter belonging to the CIA had already started the engine and was waiting there, and Chen Geng was immediately sent to the White House by the CIA after getting off the plane, and it was completely seamless.

After getting off the plane on the helipad on the South Lawn of the White House, Chen Geng saw where Howard Baker, the big butler of the White House, was waiting for him, and he was not much surprised: "Mr. Baker, why are you ......?"

"I'll pick you up," Howard Baker gestured to Chen Geng, who walked quickly to him, and at the same time lowered his voice and said eagerly, "How is it?"

"Very good," knowing what Howard Baker was asking, Chen Geng didn't sell it: "I'm very satisfied, and I believe it will satisfy you." ”

"Shhhhh......h......hh How much did I earn?"

The last sentence, Howard Baker actually wanted to hold back and not ask, but he couldn't help it.

"About $400,000," Chen Geng lowered his voice: "Conservative estimates, you can get at least $5 million after this time." ”

“yes！”

Howard Baker didn't dare to show it too obviously, and he clenched his fists hard.

The country's loss is the country's loss, and his own profit is his own profit, just two different things, not to be confused, although he will be worried about the country's huge loss in this big stock market crash, but in the face of his increased wealth because of this big stock market crash, Howard Baker is also very happy, and now he feels more and more that how wise it is to cooperate with Chen Geng.

"I'll give you a detailed list when I get back," this place is too sensitive, Chen Geng didn't want to say more, and instead asked Howard Baker, "How big is the loss?"

Howard Baker didn't want to continue talking about this topic, and when he heard this, he immediately took the opportunity to say: "It's very big, and the loss of book wealth in one day today is as high as 503 billion dollars. ”

"I ...... Rub, so much?" Chen Geng's mouth grew in surprise.

"That's just that, otherwise why do you think Your Excellency the President is in such a hurry?" Howard Baker nodded: "Just because the loss of the United States today in one day is equivalent to the annual GDP of France." ”

Chen Geng didn't speak, just gave a thumbs up: Okay, theoretically, a French fortune is gone.

Howard Baker continued: "According to the information just sent by the Federal Statistical Office, only 52 of the 1,600 stocks listed on the New York Stock Exchange rose, and all the rest fell, of which 1,192 stocks fell to their lowest level in 52 weeks, and even the most representative blue chips were also killed, and the big companies and groups were even worse, falling by 30% or more." ”

"30%?" Chen Geng smacked his tongue when he heard it: "So miserable?"

"That's how miserable," Howard Baker nodded: "General Electric Company fell 33.1%, Coca-Cola Company fell 36.5%, Amex Company fell 38.8%, Westinghouse was the worst, and the direct drop was 45.8%, which is almost equal to half of the company's loss." The smallest declines were recorded by Telegraph and Telephone Company and Boeing, which fell 29.5% and 29.9%, respectively, while Boeing fell 29.9%. ”

"it!"

Although he knew that the United States had suffered heavy losses on this day, Chen Geng was still taken aback by this huge loss, so much so that he could not find a suitable adjective except for the sentence "!"

"I know it's not good to say that, but ......" Howard Baker took a deep breath and said with a look of approval, "What a!"

"And what about my old friends?"

Chen Geng asked Howard Baker that even Boeing, Westinghouse, Amex, Coca-Cola, General Electric, and the National Telegraph and Telephone Company had fallen so badly, so wouldn't his "old friends" be even worse? The facts did not disappoint Chen Geng......

"Those old friends of yours, I know, Mr. Walton's wealth has evaporated by 2.1 billion today, and as for Mr. Wang An, his loss is relatively light, less than $50 million......" The expression on Howard Baker's face didn't know whether to rejoice or gloat:

The Walton in Howard Baker's mouth is Mr. Sam Walton, the richest man in the United States and the founder of Wal-Mart Group, just selected by Fortune magazine at the beginning of this year.

But Chen Geng will never be happy for Mr. Wang An of Wang An Computer, the reason why he "only" lost a mere 50 million US dollars, not because Wang An Computer's stock performed well in the stock market, but because the current Wang An Computer's is not good, the stock price is already very low, to put it bluntly, it belongs to "no fall".

"As for you, Mr. Fernandez," continued Howard Baker, "you're miserable, you've lost more than $5 billion in AMC cars, data research companies, and the rest of your industry, and you're ......."

Although paper wealth does not directly equal actual wealth, the loss of $5 billion in paper wealth is still very scary.

"$5 billion?" Chen Geng shrugged: "That doesn't sound bad...... Is Mr. Walton here?"

"Of course," Howard Baker nodded, "Mr. President has extended an invitation to Mr. Walton." ”

"Oh......" Chen Geng nodded: "If I can meet Mr. Walton, then I can laugh at him well, I hope Mr. Walton can be strong and don't go to the rooftop." ”

Howard Baker nodded helplessly: What? Do you think you've lost $5 billion, and you're worth it?

Not to mention the matter of going to the rooftop, from the morning to now, Howard Baker alone knows that there are at least dozens of people who have gone to the rooftop because of the collapse of the stock price and the weight of debt, and there are at least a few hundred people in the entire United States who have gone to the rooftop because of this disaster, right?

As he walked, Chen Geng whispered to Howard Baker, "By the way, what are Mr. Baker, Mr. President, and the Federal Reserve going to do?"

"What else can I do? Increase liquidity," Howard Baker said in a tone of "do your best and know your destiny," "You know what happened today, right?"

Chen Gengdao: "Are you talking about the bank and the Chicago Stock Exchange?"

In the aftermath of a crisis, banks generally restricted loans to securities firms in order to ensure the safety of their own funds, which could lead to defaults on some of them and exacerbate the crisis, when the Chicago Board of Trade made margin calls through four settlement banks. Due to the unexpectedly large amount of margins, the settlement banks were reluctant to recognize the payments made by member firms to the clearing houses, and they demanded that the funds be actually received from the banks in New York – you can imagine how dangerous the banks' practices can be for the financial markets in such a critical time.