Chapter 558: Dance Partner

1E!?? ?? 5? [? Hv?' ? {?w?'? ZAd?? W?? G?~? Gh?6??)? ? Wednesday, 21 October 1987. Pen fun and pavilion www.biquge.info

As a result of the strong intervention of the US government and the Federal Reserve, Bankers Trust said that it would guarantee the financial needs of its clients in any case, and those listed companies listed on the exchange have slightly regained some confidence.

So, shortly after the New York Stock Exchange opened, G.A.F. bought back $7 million, or about 21 percent of the company's shares.

At the same time, suddenly a large amount of money entered the stock market and swept stocks in large quantities.

Unlike G.A.F., which purposefully buys back shares of its own companies, after this money enters the stock market, it seems to sweep the stocks without a clear purpose - Wal-Mart, ExxonMobil, Apple, Berkshire, Maxson, Bergen, Chevron, General Electric, Telegraph and Telephone, Coca-Cola, Westinghouse, Amex, Boeing, Costco, Kroger, Amazon, WBA, Hewlett-Packard, Cardinal Health, Microsoft, Petroleos Mexicanos, PepsiCo, Intel Corporation......

This amount of money is enormous, so large that it must be more than $20 billion.

The companies targeted by this fund will also be acquired about 5% of the shares, such as Wal-Mart, Apple, Microsoft, Intel, PepsiCo, these companies with low stock prices have been swept into more than 15% of the shares by this fund!

This fund is like a torrent, rushing out of a bright gap in the overwhelming black fog spread by "Black Monday"!

Just when this fund was about to decline, several large sums of money appeared one after another to buy stocks in the stock market.

Subsequently, about 650 companies publicly announced that they would buy back the company's shares in the open market, and some large companies such as Ford and Honeywell directly bought back the company's shares.

The sweeping of these large sums of money over stocks, as well as the large-scale buybacks of listed companies, have had a fairly positive effect on the stock market – the subsequent large number of stock purchases shows more than any other indication that the actual creditworthiness of the companies whose shares are acquired far exceeds the stock market price as reflected in the stock market.

These moves undoubtedly injected a shot in the arm for the weakened Wall Street, causing the Dow Jones index to rise by 249 points from 1,717 to 1,966 on October 21 alone.

Such a big rebound has even brought a glimmer of hope and a glimmer of illusion to those debtors who are immersed in sorrow - is the stock market crash coming to an end?

Is that really about to end?

How is it possible - in this stock market crash, but nearly 1,600 stocks fell by about 30 percent, and some even fell by one or two times, and the result of the US government and the Federal Reserve's large-scale bailout of the market only made the stock prices of a small number of companies recover a little, how can it be possible to completely eliminate the impact of the stock market crash?

You must know that the people who are directly engaged in stock investment in the United States account for about a quarter of the country's population, and this part of the population is basically distributed in the age group with the strongest purchasing power.

The potential threat to the U.S. economy from the crash is focused on investment – the U.S. business community needs to rely on foreign capital to expand investment, and the government needs to use foreign capital to cover the fiscal deficit. In the first half of 1987 alone, foreign investors bought about $200 billion in stocks on Wall Street.

Not to mention foreign investment, even domestic investors in the United States are apprehensive - many companies are afraid to issue new shares because of the decline in stock prices, and the expansion of production in some companies has been inhibited. Some people estimate that by next year, US corporate investment will fall by about $25 billion, and a slowdown in production growth will be a foregone conclusion.

The biggest harm to the US economy caused by the stock market crash was a vote of no confidence – the reduction in corporate investment exacerbated worker unemployment, and caused a serious decline in the living standards of many Americans, which in turn was bound to cause serious social problems.

……

Bitmore Estate, the largest private estate in the United States.

At this moment, important figures from the four major families and ten major consortia in the United States are holding a ball in this manor - not only the important figures of the Roses consortium, the Boston consortium, the Chicago consortium, the California consortium, and the First Citibank consortium, but also the Rockefeller consortium, the Morgan consortium, the DuPont consortium, the Mellon consortium, and the Cleveland consortium are also attending.

This dance party was nominally to help Xu Cun celebrate his birthday, but in fact it was to celebrate that their group of people had made a lot of money in this stock market crash.

As for why the Rockefeller Consortium, the Morgan Consortium, the DuPont Consortium, the Mellon Consortium, and the Cleveland Consortium also came, Xu Cun really didn't know, because all the guests at the ball were invited by the organizers of the ball, Bush Jr., Bill Francis Adams, John F. Kennedy, and Howard Roosevelt.

George W. Bush, Bill Francis Adams, John F. Kennedy Jr., and Howard Roosevelt not only arranged guests for Xu Cun, but also arranged a dance buddy for Xu Cun, a part-time model who is currently hesitating whether to study law or become a full-time model, Monica Bellucci.

Monica Bellucci is not an American, but an Italian.

Monica Bellucci was also surprised to appear in New York, where she was born and raised in a small Italian village called Cittadi Castello, where her father ran a trucking company. At the age of eighteen, Monica Bellucci entered the University of Perugia and planned to study law. In order to raise funds for tuition, Monica Bellucci began to work as a part-time model in her spare time.

But what Monica Bellucci didn't expect was that she had aspired to be a lawyer but went further and further down the road of modeling, so that she didn't have the opportunity to return to her law class.

Actually-

Monica Bellucci is not very fond of modeling.

But what makes Monica Bellucci difficult is that she doesn't know if it's right to give up her current career as a model that seems promising and bet on a career that doesn't have a very promising future.

It was at this time that Monica Bellucci was first asked a very private question, and then participated in an inexplicable audition.

Later, after some competition, Monica Bellucci, who successfully qualified, received the equivalent of 200,000 US dollars in lira, and then was sent to Bitmore Estate by a private jet from Perugia, Italy.

After that, Monica Bellucci became Xu Cun's dance partner.

……