Chapter 555: Temptation
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After yesterday's crash, the reaction from all walks of life in the United States was extremely strong -- radio, television, and newspapers published a large number of commentaries. In a statement from the White House www.biquge.info "The country's economy is functioning well, employment is at the highest level, production is increasing, and the trade balance is improving. In a recent speech, the chairman of the Federal Reserve Board put it bluntly: "There is no indication that inflation will occur further." ”
Last night, US President Ronald Reagan recalled Treasury Secretary Beck, who was visiting West Germany, and Federal Reserve Chairman Alan Greenspan, who were in the field, to closely follow the development of the situation and discuss countermeasures together; New York Stock Exchange Chairman John Phelan said that he hoped this situation would not continue, and other relevant officials also made speeches to stabilize market sentiment.
Everyone is waiting to see how well the U.S. government bails out......
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Hong Kong time: 2120.
EST: 9:20 a.m.
Meng Guangmei knocked on Xu Cun's door gently.
After waiting for a while, hearing that there was still no movement in the room, Meng Guangmei pushed open Xu Cun's door.
As soon as the door opened, Meng Guangmei saw Xu Cun on the big bed, hugging Li Cheng and Lin Zhiling, who was carrying pear blossoms and rain, still sleeping.
Seeing this, Meng Guangmei tiptoed towards the bed.
When he came to the bedside, Meng Guangmei found that Xu Cun had actually woken up, and was trying not to wake up Li Cheng and Lin Zhiling in his arms.
Seeing this, Meng Guangmei immediately reached out to help Xu Cun.
Lifting the quilt, with the help of the light in the corridor, Meng Guangmei found that Li Cheng and Lin Zhiling, especially Lin Zhiling, were all kneaded by Xu Cun and turned blue and purple, and the most important thing was that the front and back of the lower body were very red and swollen!
Seeing that Li Cheng and Lin Zhiling were like this, Meng Guangmei, who had already helped Xu Cun pull out his arm, carefully pulled out the white cloth under Lin Zhiling, and couldn't help but blame Xu Cundao: "Xiaoling is ...... for the first time."
Glancing at the clothes he tore from under Lin Zhiling, Xu Cuncai said: "My pressure has indeed been a lot in the past two days, and this girl is tempting me by wearing this dress, so I can't hold back any of ......."
Glancing at the clothes that had been torn apart by Xu Cun, Meng Guangmei did not continue the topic, but began to help Li Cheng and Lin Zhiling cover the quilt.
lightly helped Li Cheng and Lin Zhiling cover the quilt, and Meng Guangmei began to help Xu Cun get dressed again.
Seeing that Xu Cun was wearing body armor and equipped with a gun, Meng Guangmei hesitated and said, "You are so rich...... Why are you still fighting so hard?"
Xu Cun pinned the two P220 guns to his waist and said in his heart: "Others look at my scenery, see that I have wealth that they can't even think of, and see that I have so many confidants of yours, but they don't see my suffering...... I have so much wealth and so many beautiful women, can no one covet it? Take China as an example, if we can squeeze my Xu Cun dry, China will immediately be able to generate several times or even more than ten times more foreign exchange out of thin air, and China's national strength will immediately be greatly enhanced...... Everything I have now is something that I have with my own hands and my own mind, can I give it all to others? So, I have to become stronger, so strong that no one dares to beat my idea, so strong that no one dares to beat your idea!"
Many of the words Xu Cun said were incomprehensible to Meng Guangmei now, but the smart Meng Guangmei did not ask because he didn't understand.
After getting dressed, Xu Cun took his bodyguards to the office building.
On the way, Xu Cun gave an order to the general manager of the trader and the person in charge of security of each team except Xiangjiang - as soon as the market opened, he began to close the position.
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Eastern Time: Tuesday, October 20, morning.
Banks have stopped extending credit to professional brokers and traders – fearing that they will go bankrupt and not be able to recover their loans.
As a result, professional brokers no longer have enough cash to pay margin to the exchange to keep trading open – because they bought too much of the stock on Monday to stop the stock from falling.
That is, professional brokers are therefore in a liquidity dilemma - they do not have the cash to participate in trading on Tuesday.
Therefore, if the situation does not change, professional brokers are faced with the choice of either going out of business or turning to another company to merge with them.
In the event of the collapse of a professional broker, the New York Stock Exchange would be in an extremely dangerous position - it would lack a source of funds for margin clearing and closing to proceed normally.
At this critical juncture, the Chairman of the Federal Reserve Board of the United States delivered a historic speech: "In order to fulfill its responsibilities as a central bank and to support the proper functioning of the economic and financial system, the Federal Reserve System today reaffirms its commitment to ensuring the liquidity of the financial system. -- The chairman of the Federal Reserve of the United States actually supported the banks in continuing to lend to stock dealers.
The Federal Reserve is not just rhetoric – the US Federal Reserve Chairman is speaking at the same time that the Federal Reserve is immediately pumping money into the banking system. Two major commercial banks immediately announced a reduction in prime interest rates. Chemical Bank rapidly increased its securities lending by $400 million. Bankers Trust has also stated that it will guarantee the financial needs of its customers in any case. The Federal Reserve's commitment has slightly restored confidence to those listed on the exchange.
Subsequently, President Reagan and Treasury Secretary Baker respectively said that the stock market crash was not commensurate with the healthy economy of the United States, which is very stable.
Immediately afterwards, major commercial banks in the United States lowered interest rates.
As a result of these measures, the stock index rose by 102.27 points from the opening of the market on the afternoon of 20 October to the close.
But-
None of this has anything to do with Xu Cun -- because, as of 10:40 a.m. on October 20, the team in charge of the U.S. stock market had already helped Xu Cun close his position.
The forces related to Xu Cun also began to close their positions immediately after Xu Cun, and all of them closed their positions one after another on October 20.
After closing the position, representatives of various forces in the United States, including Xu Exist, sat together and reported their own gains with nonsense.
Taken together, these false figures add up to more than $160 billion!
No one will believe the truth of this number, but who among these elites will naively debunk it?
It is said that at this point, Xu Cun can wait to collect the money.
However,
How can this money be so easy to make?
As soon as the New York Stock Exchange closed today, Bush Jr. found Xu Cun with an apologetic face -- President Reagan is invited!
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