Chapter Seventy-Five: The Great Counterattack (3)

At first, Mussolini heard that it was a New York souvenir, and he really thought it was some kind of industrial product or souvenir, but after the suitcase was opened, he understood what the souvenir was - as the financial center of the United States, and even the financial center of the world, New York souvenir is not money? It's a funny analogy.

In addition to the valuable local products that made Mussolini excited, Contini's statement also made him attach great importance to it:

Contini didn't say much, but only said that it is necessary to let the party and the government better lead the financial industry, go deeper into the grassroots and guide the work of the financial industry more realistically, and better let the Italian financial system serve the development of Italian industry and better benefit the Italian people, reserve 25% of the shares for the state - no need to pay specifically, the share of the joint group will come out, as long as some other preferential conditions are given.

Contini said categorically: "Although United Finance is a public-private partnership and a controlling position of commercial capital, under the management of the United Group, it is completely different from general commercial banks. ”

Mussolini was very satisfied with this attitude, and he also felt that after a series of actions, the prestige of the fascist group had been gradually established at the grassroots level, but it was not very easy to use in the industrial and commercial circles, financial circles, and intellectual circles, and there were many people who sneered at the party and its leaders, and there were also many people who acted in defiance of the party, and the previous time it was the Socialist Party that jumped out, and this time it was some banks that jumped out, and if we did not vigorously stop this unhealthy trend and let them shake the United Group, the next time someone would jump out and dare to challenge the party and the government. So he wants to bring in the chancellor of the exchequer and the governor of the central bank, and tell them in a clear and unambiguous way: "To slap the United Group in the face is to slap him in the face of Mussolini!" ”

If the two of them go their own way, he doesn't mind changing generals - now that the Grand Fascist Council has been formally formed, he has complete control.

Judging from the current reality, the chancellor of the exchequer and the governor of the central bank can still obey the leader.

The order issued by the United Group to restrict movement was a run on the starting gun, and the bustling crowd filled the blacklisted banks, anxiously trying to get back the thousands or tens of thousands of lire that belonged to them...... Although the number of individuals is not much, but it can't stand the huge base, and this trend has a demonstration effect, as more and more people join the ranks of withdrawals, and Italy's small and medium-sized banks do not have a good ability to resist risks, on the third day there was news that a local bank suspended the payment of deposits on the grounds of technical problems - this fire woke up other people who originally watched the excitement, and the citizens who originally held an indifferent attitude also joined the same ranks, everyone is not stupid, the bank money is so much, if it is taken out by the front, The later self will become a victim.

On November 2, the Interbank Association held a secret meeting to discuss how to deal with it, and the chairmen of several blacklisted banks anxiously hoped that the big banks would lend a helping hand, but the news they received was completely cold and bitter - the big banks said that they were also suffering from liquidity problems and could not help for the time being.

In fact, all the big banks that have not yet been involved have received instructions from the window that they are not allowed to lend funds to these banks - whoever dares to violate it will be able to do it themselves!

If the coercive orders were issued by the Ministry of Finance and the Central Bank, if they can be ignored, the order issued by the Ministry of Finance and the Central Bank on November 2 has made the banking community quickly grasp the intentions...... As some banks have been caught in a run, the Ministry of Finance and the PBOC will form a joint working group to inspect the banks concerned and verify whether there are any irregularities in order to understand the ability of the above-mentioned banks to resist risks and ensure the safety of depositors.

Wouldn't it be crazy to dare to borrow at the cusp of such a moment?

Therefore, seeking help from the trade guild is doomed to fail.

Hopes of seeking solidarity from Fiat were also dashed: the elder Agnelli spoke, and the chancellor of the exchequer also had to give some face, but when he explained that it was Mussolini's direct order, and that the latter was also preparing to form a public-private joint finance, the elder Agnelli was also silent, and finally had to slowly put down the microphone.

Everyone knows that Fiat and Fascist do not like each other, and that Agnelli the old and Mussolini do not deal with each other - Mussolini inspected so many industrial and commercial constructions, and he had to come and inspect almost every conglomerate industry, but he never went to Turin! Not to mention visiting Fiat's industrial sites. Of course, Fiat and Agnelli Sr. are in a position here, and Mussolini and Fascist will not do anything to him casually, and everyone maintains a pattern of peace with each other.

If it was a time of war, Fiat, which controlled a large amount of military industry and equipment production, had a hundred ways to make the government bow its head, but now that there is no war, the government does not have an urgent need for Fiat, but Fiat is counting on government orders, and asking Mussolini to raise his noble hand is not to seek the skin of the tiger? How much benefit do you have to pay? Can it compare to the benefits that Ciano Jr. gave to Mussolini?

In terms of the generosity of his money, the elder Agnelli thought that he was far inferior to the younger Chiano, and besides, how could he compare, even if he gave Mussolini the same benefits, he would still favor the United Group in his heart - how many problems did the latter help him solve? Little Ziano is Mussolini's knife, with this knife he solved the Socialist Party without blood, is Fiat willing to give up his position to make this knife? It would be better to kill him.

"Father, don't you really mean it?"

"How?" Old Agnelli glared at his son, "Tell the outside world that we have something to do with this?" ”

"But even if we don't say it, won't the bankers who jumped over the wall in a hurry?"

"They say, 'I'll just beat us to the death and don't admit itβ€”isn't this the usual trick of little Ziano and the United Group?"

"But then what will the bankers think of us?"

"It doesn't matter what they think of us, they won't be able to keep those positions and shares right away anyway......"

Little Agnelli was taken aback: "Why? ”

"The United Group wants to eat up all the 9 banks involved this time to form United Finance, covering 4 categories of banking, trust, securities and insurance!"

"No wonder! No wonder! ”

"The afterlife is terrifying! The afterlife is terrifying! Old Agnelli sighed, "This is the end of the matter, cut us off from the banking world, and don't bother with the matter anymore." ”

said so, but he knew very well in his heart: first, the United Group would definitely know about this matter Fiat intervened; Second, after Fiat did this, no one would respond to the call for the banking community to jump out in the future. This mentality of knocking out teeth and swallowing blood is really embarrassing!

But the old Agnelli is very wise, it is impossible to restore the confidence of the banking system by Fiat, there is a characteristic of finance, it is much easier to destroy than to rebuild, to hit the prestige of the banking industry, as long as some bad news and hearsay goes, it will be effective in a few days and weeks, but to rebuild the prestige, it will be possible for several years, although Fiat is large, it is not enough to fill this bottomless pit.

Stopping losses in moderation is the first choice for business tycoons who know how to advance and retreat.

On November 4, the banking community in the whirlpool was still struggling, but the headquarters of the United Group ushered in an unexpected banker, who sat in front of Leo, assistant to the president and chairman of the United Group Group (preparation), and said in an unkind tone: "I am Francisco, President of the Southern Bank of Italy, and the bank has decided to provide a loan of 100 million lira to the United Group at an interest rate of 8% ......."

Leo was stunned, he had never seen such a straightforward banker, and more importantly, as soon as he opened his mouth, it was 8% loan interest, didn't the other party know that the loan obtained by the United Group was only 5% interest?