Chapter 122: Capital Feast (2)
Contini vividly described it as "cutting leeks", depicting the grand scene of "cutting stubble after stubble" - this is not a random cutting of the secondary market, this is a joint harvest from the issuance, the primary market, the secondary market and even bonds, trade, credit and other markets, known as the combine harvester!
"Wait, how long will it last when I heard you just use the word temporary?"
"Of course!" Contini leaned into Agnes' ear and said, "I will only sign orders for these contracts, pay a deposit of 10-15%, and in the future, when the reduction is completed, I can announce that due to major changes in the market, the order will be invalidated, and it is a big deal to lose a small deposit!" It's not illegal, I've already sold the stock anyway. Also, the construction of pipelines to transport natural gas is actually not mature, the technical difficulty is high, the cost is high, I will not do this, but it must be said that giving the market imagination space in order to open up space for stocks to rise, this is the unbreakable truth of the bull market stage! β
Agnes giggled: "Calais, you still have such a way to lose, no wonder you can make so much money, if your father understands it, he probably won't be able to sleep at night." β
"The Wall Street tycoons actually understand, but instead of poking me, it's better to get rich with me - this is called non-collusive conspiracy! You really think they can't read it. Contini laughed, "They're going to get rich, too." β
After Contini's explanation, Agnes understood a lot of inside stories: the listing of shares needs to find intermediary services such as lawyers, accounting firms, auditors, investment banks, etc., after the issuance, brokerages and securities brokers have to intervene, bond issuance in addition to these rating agencies to pluck the goose, industrial orders to create profits for commercial banks, bills, letters of credit, international exchange and other circulation to nourish all links, New York local governments can collect taxes, and then expand, United Group also has to pay advertisers, media fees, Even the wives go to buy and buy is part of the propaganda itself - the United Group itself is not profitable, so how can these expenses be paid? Of course, it is the investor's investment money that is used to nourish this capitalist machine.
If someone dares to debunk it, it is the enemy of the entire money-making system, and it is smashing everyone's jobs, not to mention anything else, in recent years, it is not without courage that reporters have published articles questioning the model of the United Group, but what about questioning it? As long as the flow of money can be maintained, he is slanderous, and the president can sue him for bankruptcy β and New York lawyers are most welcome to go to court.
"But the scale of your borrowing is getting bigger and bigger, and I'm afraid that sooner or later I won't be able to hold this scene."
"When they can't hold on, they can launder it, anyway, the money is also earned, the responsibility is my back, they have nothing to do with it - are they just intermediaries, providing consulting services for investors, when publicizing the income, they have repeatedly used the smallest font size to 'remind' that investment is risky, you have to invest money, then come." Contini laughed, "It's just that they are more confident than I am, thinking that the United States can last a long time, that they can continue to supply topics, and that even if the United Group is defeated, they can find the next target and target, and I know that this pomp and circumstance will not last for 2 years." β
"2 years?"
"Probably less than 2 years to be exact. I don't know if you have noticed, there are many investment notices and slogans on the streets of the United States, the newspapers are full of investment-related news, and even at the reception party to welcome us, I heard two waiters whispering next to me - go and listen, these big people say which stock is good, this boom is so violent, directly gave birth to a capital feast, but the bubble will eventually subside, the tide will eventually recede, and then we will know who is swimming naked. It's not that you don't understand this truth, but you just think that the last one is definitely not yourself. Contini sighed, "Your son is so large, he must go in advance, in batches, it is not enough to just go, you must shout to the market, you must say that the stock market will rise sharply, soar, you must say that the Jones index 300 points is a new starting point of the United States mega bull market (there are only more than 280 points at present), you must say that the United States in the Coolidge prosperity regretted winning unprecedented development opportunities, and then quietly slipped away - how to slip away without saying so?" β
"Your father never dreamed of these ......"
Contini shrugged his shoulders and quipped: "He's an honest man, he's a good guy!" So you can't expect too much, your son will make money, you can't be the wife of a billionaire, you can be the mother of a billionaire! How much pocket money did my father give this time? β
Agnes laughed, "$10,000!" Count him on for generosity! β
$10,000 is 200,000 lira - the prime minister can't make so much money in a year, so it can be seen that old Chiano still really cares for his wife.
"That's $10 million." Contini quickly handed the check that had been prepared a long time ago to Agnes, "You can spend as much as you want, buy as you like, don't save money, we won't go back to China until we spend it!" Since we want to cut leeks, we must create an indomitable momentum! In particular, buy a little more souvenirs in New York, this thing is very easy to use, and the people who received it did not say that they were not used to it. Ida has a diamond card there, ask her to bring it to the general manager of the mall, as long as it is not a day off, the famous mall on Fifth Avenue will be closed for business, only to accept us! You just have to buy it, don't worry about things, Enzo will contact the truck team - GM said to send us 20 trucks, as long as you are willing to call the special truck of the United Group, I said no, the endorsement fee of the United Group is not so cheap, at least 50 vehicles, and they agreed! β
"Then you're welcome tomorrow!" Agnes walked away with a smile, she knew that several daughters-in-law were all $2 million, but they gave 10 million to their mother, in the end, there was filial piety, of course, her husband was not bad - how much ability to do a lot of things!
She was very thoughtful: her son was going to be engaged to Ida when she returned, so gifts were indispensable; The engagement of the son will cause the loss of the daughters-in-law of the two anchors, which must be bought a little more to appease; and Monica, the little girl's service before and after the saddle and the horse also has to prepare a set, just say that it was given by her son - if you understand, you will understand, and if you don't understand, you can't teach it; As for old Ciano, he has to help him tidy up, after all, this is a billionaire father, and he can't explain it if he doesn't toss it back.
In fact, Ada is not very good at buying things, and she is hesitant to spend money, she used to look at the dollar as a lira, and she didn't think that $2 million was a big deal, and when she came to the United States, she saw the price of goods, and knew that the dollar was worth a lot, an ounce of gold was less than $20, at this time she felt that $2 million could not be spent, if it weren't for Monica's help to come up with ideas, she didn't even know how to sweep the goods, but Angnes, the prospective mother-in-law, spent a lot of money, and helped a large circle of people buy gifts, I also wrapped myself from beginning to end. With the rest of the money, she went to the bank to sweep around the bank again - now it was convenient, and the Union Bank had a vault after it opened its business, so she could choose from all kinds of gold to her heart's content.
Although the age had nothing to do with the value, Agnes swept away all the pre-1910 gold and told the Union Bank to find a way to get another batch, which she liked to collect. As for the American antiques, paintings, and other works of art that really sell for a lot of money, she can't look down on them all - compared to the history of Italy? The United States does not even deserve to carry shoes.
While they were buying, Contini was fulfilling his duties as the leader's envoy, and was working with U.S. Secretary of State Frank Brown. B. Kellogg negotiated the "Non-War Pact", at this time the French cabinet was reshuffled and the prime minister was replaced by PoincarΓ©, but Briand retained the post of foreign minister, and he proposed to conclude the "Non-War Pact" with the United States last year, the United States agreed in principle, but it must be signed by all the European powers before it can enter into force, and Mussolini on the Italian side did not want to sign this contract, but he could not sign it, so he put forward additional requirements: he wanted to place the signing ceremony in Italy, and he would preside over it as the presidency - He believes that this will help improve his status and the image of the country.
Of course, Contini disagrees with this: the Americans and the French have finally made such a show to earn eyeballs for themselves, what are you Mussolini doing with it? But it was not up to him to talk to Mussolini, he had to get Kellogg to give Italy some other favors, and then he could get the matter done. Therefore, he spoke very realistically: "Regarding the "Non-War Pact", Italy agrees with it in principle, of course, the war of self-defense is not included, and now there is a problem, Italy is conducting military operations in Libya to suppress the rebels, and the outside world wants to use this to restrain Italy's behavior, I think it is difficult to understand......
"Well...... Kellogg certainly didn't want to agree that Italy had the right to suppress the partisans, but he couldn't say it so clearly.
"Actually, the reason is very simple, if the United States suddenly declares its independence from the United States after the U.S. government ratifies this treaty, can the U.S. government use troops against the South?"
This is talking about the Civil War, Kellogg was speechless for a moment, and then nodded decisively: "Of course treason should be punished!" β
"Therefore, I think that the United States should stand up and make a statement that all countries can use all means to maintain internal order in that country, and oppose the fingers of other powers." Contini blinked, "I think you know what I mean." β
Understand! How don't you understand! Isn't this just accusing the British of meddling in the Libyan issue? But Kellogg thinks this can be extended - don't you have colonies in the British? If you can stir up trouble in the Italian colonies today, someone else will be able to stir up trouble in other British colonies tomorrow.
After more than ten days of negotiations, the two sides signed a memorandum of understanding and sent this memorandum to Rome, Mussolini was helpless about this, but he also knew that this was the diplomatic position that Contini could win to the greatest extent, so he ridiculed the people around him: "No, there is another "Non-War Pact", is this the 124th or 125th treaty I signed? One more of him is not more, less of him is not a lot......"
Then there was a bunch of people laughing maniacally......