Chapter 527: 1929 is coming

New York in the United States is still so prosperous with the arrival of the new year. On the island of Manhattan, the heart of New York, there are hundreds of securities firms, large and small.

Some of these large and small securities companies have thousands of employees and operate financial activities around the world. And the small ones are two or three kittens, trying to fool them into investing money in the booming stock market from the hands of those housewives.

Alpha Securities, located on Fifth Avenue, is neither too big nor too small, but it is not too conspicuous. This Alpha Securities Company is a new securities company established in recent years, and it is mainly engaged in the business of buying and selling stocks.

The stock market on Wall Street is unusually prosperous at the moment, with workers, housewives, petty traders, and even beggars talking about stocks. Whether these people understand it or not, they talk about the head of the stock market. In the eyes of the public, the current stock market is really hot, and the newspapers are reporting every day that whoever has entered the market for a few hundred yuan has earned tens of thousands of dollars in less than three months. And the stock pundits, government officials, and even the new owner of the White House are talking about the good stock market. This makes everyone believe that they can make a profit from it too (so who loses money?). )。

In such a hot stock trading, various securities companies are also making quite good profits. As one of them, Alpha Securities Company naturally made a lot of money, and the company has grown from 500 million assets to more than 900 million now. In this case, Lidsmann, as the company's president, made a decisive contribution.

And today in Alpha Securities, the scene was silent. It's not that there are no people, on the contrary, there are more than a dozen middle and upper-level executives in the company. The reason for this is that President Lidsmann has just announced a decision. The next step is to gradually liquidate the shares and securities held by the company, and then transfer the assets to Romania.

Yes, the company's sole shareholder is the Romanian government, and all of its assets are made up of the $500 million that Eder has siphoned off from the issuance of government bonds. As for the president, Lidsmann and the middle and upper echelons of the company, they are also formed by the financial elite selected by the government.

So the order from Bucharest, they could not refuse. However, although they cannot refuse, it does not mean that they cannot express their opinions.

"Why is it announcing its withdrawal from the United States at this time?"

"yes, you look at the stock market right now. It's like picking up money with your eyes closed. Can you send a report to the government and tell them that we can finish this business and then leave. ”

"You're alright. I just finished talking to Chase Bank yesterday about the bond issuance, and now that an order has been issued, I don't know how to explain it. ”

There is only one focus of the words of everyone present, and that is to hope that the government will consider it before making a decision. Shortly after Christmas, I was stunned by the first order of 1929.

The gossip of the crowd caused a stir of irritability in Lidsmann's heart, and this time the order from Bucharest also made him very uncomfortable. The sky is high and the emperor is far away, although he can't be windy and rainy on Wall Street, but he is also a character, and many billionaires need to be harmonious when they see themselves. This made him feel secretly happy that he could only listen to other people's instructions in the Ministry of Finance in Romania before, and Lidsmann still wanted to wait for himself to make good enough results to be able to run this bond company for a long time, and now an order has been lost.

So when I heard the subordinates gossiping, a wave of anger rose to my heart.

"Smack"

The sound of a heavy slap on the table interrupted the conversation, and Lidsmann looked at everyone with fiery eyes. "Have you made enough fuss and don't know the seriousness of this order? You think you are going to the vegetable market to buy vegetables and you can bargain. Now that the government has decided, we can only implement it. It's that you've been in New York for so long that you've forgotten what we're doing. ”

Lidsmann's words are not only for everyone, but also for himself. He knew that even he was lost in the drunken red lights and green scenery of New York, and these subordinates were no exception.

As far as he knew, there were also people in New York who had several lovers and fell into tenderness every day after work. In this regard, as long as they do not affect the interests of the company and do not do things that are harmful to the company, they will turn a blind eye. Moreover, these people are composed of people sent by multiple government departments, and although they are in charge of the company's work, they cannot control the private lives of others.

In his opinion, these people are reluctant to live in the glitz and glamour of the city, so they are a little dissatisfied with returning to Bucharest. Because he also has this mentality, he needs to knock them first. The government's decision, they have no right to interfere and do not even have the qualifications to inquire, they can only implement it.

After being scolded by Lidesman, everyone present also recovered, knowing that their previous attitude was wrong. Fortunately, there are only these people here, and if it is known that they are dissatisfied with the government's decision, then don't expect a promotion or something, and they won't even be able to keep their original positions. At the end of the day, they are just working for the government. It's just that the government is using their hands to help them make money in New York.

"Alright, all cheer up. I believe that the government should be satisfied with our work. At least when you return to Bucharest, it shouldn't be much of a problem to move up the next level. No matter how good New York is, it is not our home, only in Romania does it taste like home. ”

Lidsmann's few words of encouragement aroused everyone's emotions. That's right, since you're destined to go back, it's better to think about what you'll do when you go back.

"Let me start by saying that you are going to gradually reduce your business, and if there are other securities companies that are interested, you can sell it to them. Then the company's holdings will also be gradually reduced within three months. The same is true for marketable bonds. This task is not easy, and everyone needs to work together to complete this task. ”

Lidesmann is right, there are too many stocks and securities on hand, and reducing holdings is also a technical job. It is not possible to reduce the holdings all the time, as it is likely to cause the share price of the company holding the stock to fall. Instead, you have to sell and buy, sell more and buy less, so as to ensure that your profits from holding stocks will not decrease.

Everyone here knows this, which is why the government gave it three or four months.

So then Alpha Securities began to gradually spit out its shares. At any other time, the company's purge of its stock is likely to attract the attention of others. However, in 1929, when the stock speculation was feverish, their actions were covered up.

Stocks worth millions of dollars a day are immediately absorbed by the surging buying order, as inconspicuous as a wave in the tide.

Of course, this also has a lot to do with the size of the stock release, and if tens of millions of dollars are released every day, it is difficult to get people to pay attention.