All the news of the press conference appeared in the newspaper early the next morning, and it was all sensational, big headlines, and it was September 15, which happened to be a day off. The stock market was closed, Union Bank was closed, and Hoover didn't go to work at the White House, he read the newspaper at home.

He thought that he had finished talking to Contini on the phone yesterday, and the other party also replied in the affirmative, and the content of today's press conference must be to calm things and appease the market, but after reading the newspaper, he was furious: Why did Contini suddenly make such a fuss in the evening press conference, this is his attitude of turning big things into small things and small things? What the hell is this escalating the war! This is forcing the palace! Regardless of whether the Fed has problems or not, no matter how aggrieved the Union Bank is, as a commercial bank, we should first respect the authority of management rather than confrontation - confrontation is not the way out of the problem!

Angry, he wanted to immediately grab the phone and call Contini to ask why the other party had made the situation worse, but Hoover was the president of a country after all, and he should have the calmness he should have, so he held down the microphone again, and just continued to read - at least to calm his mind, otherwise he would definitely quarrel with Contini with this momentum, and the quarrel would not solve the problem.

After reading the whole news, Hoover's mentality calmed down a little again, after all, people also said good things to themselves at the meeting yesterday: he ignored the Federal Reserve and the president of the United States, and offered to sponsor his own $3 million re-election fund - it was a really good idea. He knows Contini's temper, he generally does not promise in person, once he promises, he will definitely do it, saying that 3 million will be 3 million, and he will never lose 1 dollar. At this time, Hoover began to be a little happy again, and he didn't expect that after just half a year as president, someone would say that he would donate money to his re-election - this is ironclad!

Then Hoover saw the Sienna Bank affair again, and he suddenly understood Contini a little: this guy is used to calling for wind and rain in Italy, and he is a flattering figure everywhere, and it is indeed a little uncomfortable to suddenly put such a Fed on the table. Even Hoover didn't understand why it was the Union Bank and the Federal Reserve that got into trouble. It must have something to do with the personality of the president. This kind of person can only coax, not suppress, and if he presses it, something will happen - you see that he still promised in his statement that he would solve the problem, but how bad is his attitude towards the Fed?

After figuring out this link, Hoover also considered the problem from the standpoint of Contini, and it was indeed as he said: the loans have been issued, how can they be withdrawn inexplicably? Even if Union Bank doesn't care about losses, will anyone still ask Union Bank for a loan after doing this? No! So he also gave a message to the loan customer.

In the end, he thought about it for a long time, thinking that he had figured out the front and back joints, and then called Contini, and at the beginning he had to say a few words of greetings as usual, and said half-jokingly and half-seriously: "You said at the press conference that you would donate 3 million to me for re-election campaign funds, can I take it seriously?" ”

"Of course, as long as you decide to be re-elected, I will donate a lot!"

"Thank you very much."

Then he began to get down to business, but Contini, who was still laughing just now, couldn't help but hear Hoover's statement criticizing him for being too radical, and his attitude became very bad: "Your Excellency, it's too late for you to read the Fed's statement before you get angry with me!" ”

"Statement? What statement? ”

At this time, the secretary handed over a copy of the statement just issued by the Federal Reserve: ...... Although the Union Bank is a foreign bank, since it is listed in the United States and its operation also absorbs American funds, it must serve the main body of the US economy, and the Federal Reserve Bank is worried about the operation of the Union Bank, believing that there are huge risks, and drawing the attention of the market and the majority of depositors to the risks and protect their assets!

Hoover was furious: What the hell is this bullshit statement? The president of the family is young and vigorous and makes a statement, your Fed is also so ignorant? What are you doing like this? Luring depositors into a run?

He said stupidly: "Let me investigate, I think there may be some misunderstanding here, should we hold another press conference today to clarify?" ”

"Your Excellency the President, I think it's better to open it again on Monday, at least this kind of rumors have also spread, there will definitely be depositors to withdraw money, if we hide it, there will be nothing to do, it is better to withdraw money generously, I think I still have the ability to cope......"

"That's fine, then open on Monday, Calais, for my sake, don't talk too much...... It's good for everyone. The Fed is, after all, a quasi-official institution, and what about the many other banks down there? If you let them get off the stage now, how will they manage other financial institutions in the future? ”

"Okay, I see, we'll see you on Monday!"

As soon as the phone hung up here, Mellon's phone came in, reporting on the Fed's statement.

"Didn't I say that yesterday? Can't post this news. Hoover's tone was bad, but Andrew Mellon was a big man, and he couldn't reprimand him at will, so he said, "This statement is intensifying the contradictions!" ”

"But Your Excellency, the intensification of the conflict was first provoked by the Union Bank, haven't you seen today's newspaper? The whole world is full of their statements and statements, and the first article asks the Fed to apologize and the person in charge to step down, which is a naked forced palace...... This kind of behavior cannot be condoned! The Fed's counterattack is also my unity. "Mellon's mood is also bad, he was angry when he saw the newspaper this morning, thinking that Contini was lawless and simply didn't take the US government seriously.

In addition, the statement was drafted yesterday and given to individual reporters...... Originally, we could have not sent it, if this kid had been a little more restrained. However, he actually said this at a press conference, and many reporters called early in the morning: If we dare not confidently uphold the majesty of the executive under his threats and coercion, how will we manage the country in the future? So they made this statement - I agree! ”

Hoover was speechless, of course he knew Mellon's personality - he was also a leader in the consortium and financial world, and Contini's criticism of the Fed was tantamount to criticizing him Mellon! That's why he agrees, this is a battle. Moreover, from the standpoint of the Federal Reserve, the Union Bank simply turned a deaf ear to supervision and remained unmoved, and it is unreasonable for such a statement not to be issued.

It would be unnecessary to call Contini again, because the other party will certainly argue: the statement was drafted a long time ago - it was you who drafted the statement first, and Lao Tzu fought back, not the other way around. What the? You said you hadn't made the statement yet? But what do you mean by showing reporters? Doesn't that mean it's going to be announced? Are you stupid for me?

Hoover could only wait anxiously for news on Monday, and he decided that if the situation continued to escalate on Monday, he had to intervene, otherwise it would not hurt either side if it continued like this - Contini is not a simple consortium leader, he is the son-in-law of the current Italian leader, the future Italian leader, if the relationship goes bad, can the relationship between the United States and Italy get better in the future? Although Italy's strength is not strong, and the United States is not afraid, at present, the United States is being pinned down by Britain and France in Europe, and Germany cannot hold up the wall with mud, and Italy is the only export to the United States, and it will not benefit the United States to mess up the relationship between the two.

On the night of September 15, when the top of the Union Group met at Union Bank, Francisco asked Contini with some concern: "President, are you really going to stay open all night tomorrow?" ”

"24 hours a day, all windows are open, all other work is stopped, all staff leave is canceled, and we are going all out to deal with this trend."

"The pressure of the run?"

"There will be no problem." Contini smiled, "Union Bank has a total of 48 business outlets in the United States, and each branch has 4 fewer business windows and 9 more business windows, and on average, we count 6, which is 300. ”

"It's actually 304."

"What is the average amount of deposits from individual customers right now?"

"More than $700."

"That's $800." "The window is fully committed to dealing with the run, and you can withdraw $240,000 per round of trading, and I can complete 15 rounds in an hour by the fastest 4-minute round, which means that $3.6 million is withdrawn in an hour, and the withdrawal is ...... in one day."

He was still groaning, and Aquilani beside him had calculated that he would need to slip away $86.4 million.

"That's 100 million dollars...... Are we keeping up with our cash flow? ”

Francisco thought for a while: "I can keep up in 3-5 days, there will be a gap in the follow-up, I hope the time will come up." ”

Contini smiled: "There will be no such pressure in the follow-up, the most difficult thing is the first three days, so that everyone must ......"

Enzo, who was in charge of security, thought he was going to say "resist", but what Contini said was: "Let everyone act like they are about to stand up – and in fact we can stand it!" ”

Francisco nodded: "I will make a statement in due course to appease the ...... of the army"

Got it!

Enzo, who had never understood it, finally understood it all: the president deliberately provoked the Fed to lead the market to run, and once the run was made, the entire financial turmoil would ignite, and at that time, whether it was to reduce holdings or short, there would be enough reasons.

"Enzo, your people must be prepared for security, no one is allowed to take the opportunity to make trouble, if someone makes trouble or causes a dispute, sanction them as soon as possible, if someone is armed to make trouble, you can shoot a warning, but if you can, don't shoot."

After Contini confessed, he added murderously: "In case an armed group approaches and shows hostility, no matter who it is, shoot and kill!" Tank refueled, you and I have one, Mr. Francisco and Aquilani one. ”

"In case of a major incident, remember to kill Livermore first, be clever! Send another report to the fleet, prepare the ship's guns, keep the boilers in top condition! If the Americans dare to use the army and allow fire, I will take responsibility for anything! "This is a crucial battle for whether the United Group can gain a foothold and win something in this great storm, so you must show courage!" No enemy is invincible, and the same is true of the Americans. ”

"Long live Italy!"