Chapter 1 Forcibly seize Boliheng Steel

Ladies and gentlemen, we have robbed the gold of the Japanese devils and the banknotes of the American devils, so now we are about to start a new journey, why our demolition workers are invincible, we have to prove it to everyone now.

What are you waiting for? Smash all the tickets in your hand to this book, let's violently demolish the United States together, and let's be happy to the end together......

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With the collapse of the New York stock market, stock prices plummeted, and the largest stock market crash in history erupted in the U.S. stock market.

The Dow Jones index fell 40% from September 3 to December 20, and by the end of 1932 the index had fallen by 84%, losing more than 70% of its market value, and it was more than 20 years since the index returned to its 1929 high.

The crash completely shattered investor confidence, and it was not until 1954 that the U.S. stock market returned to 1929 levels.

The knock-on effects of the U.S. stock market crash soon became apparent, with a frenzied run on stockholders, the collapse of banks that could not recover their funds and loans, the closure of factories, the unemployment of workers, the advent of poverty, and the inception of organized social crime.

In the four years from 1929 to 1933, more than 5,000 banks failed and at least 130,000 businesses went bankrupt in the United States.

During the crisis, on the one hand, there was overproduction and consumption contraction, which led to a backlog of goods. Ordinary Americans, on the other hand, lack food and clothing, and live in increasingly poor conditions. For the sake of the price of agricultural products, agricultural capitalists and large farmers destroyed "surplus" products in large quantities, replaced coal with wheat and corn for fuel, and poured milk into the river and sea, turning the river into a "galaxy".

The general lack of confidence in the future has led to a further decline in social morality, with thefts, brawls, and homicides emerging one after another.

Between 1929 and 1933, U.S. gross domestic product fell by 30 percent from $203.6 billion to $141.5 billion. The banking system bore the brunt of the crisis, with 10,500 bankruptcies, accounting for 49% of all banks. The unemployment rate (excluding the semi-unemployed) is as high as 25%. It was not until 1941, after the outbreak of World War II, that the gross domestic product of the United States exceeded that of 1929, before the crisis.

Taking advantage of the outbreak of the US economic crisis, Zhang Meng, who had just robbed nearly $6.8 billion from the US stock market, immediately launched his next move.

At this time, the comprehensive planning work of Chang'an, Yanjing, Jinling and Daxing, the three archipelago and four cities of the Tang Empire, had been completed, especially the first phase of Yanjing, which was waiting for a large number of cheap steel, cement, timber and other construction materials to complete the second and third phases of the project.

At the beginning, Zhang Meng did not import these construction materials on a large scale, but waited for the price to plummet after the full-scale outbreak of the US economic crisis, which would save a lot of money.

For Zhang Meng, even if he is poor and has money left, he will not spend money indiscriminately, and he still has to save where he should save.

Besides, this time it was not a little bit of saving, taking advantage of the economic crisis in the United States, Zhang Meng could buy almost all the materials he needed at the price of cabbage, and even many of them did not need to cost money, just need to pay the seller for shipping.

Of course, sellers will not 'give in' easily, most sellers want to fight with Zhang Meng, but in the face of Zhang Meng's left-handed lollipop and right-handed submachine gun's soft and hard means, they either choose to give in, or choose to disappear from the earth completely.

Before the U.S. stock market crash, the hottest stock prices were naturally in the steel, automobile, and real estate construction industries. It is precisely because these three types of stocks are the hottest that after the outbreak of the stock market crash, these three industries have suffered the most losses.

For the Tang Empire, which was in ruins, American steel and construction companies and their products were urgently needed materials, and Zhang Meng's men attacked these two industries in the United States.

For Zhang Meng, he is not interested in small fish and shrimp enterprises in these two industries, he wants to obtain enough cheap products to meet the infrastructure construction of the Tang Empire, but also for the sake of the future industrialization development of the Tang Empire, so he chooses large enterprises to start, because these large enterprises not only have huge surplus products, but also meet the needs of the Tang Empire for development and innovation, as well as a full set of equipment related to production and scientific research.

As the second largest steel company in the United States, the United States Steel Company, as the second largest steel company in the United States, the United States Steel Company, as the largest steel company in the United States, the United States Steel Company, as the largest steel company in the United States, the United States Steel Company, as the United States Iron and Steel Company, as the United States Iron and Steel Company, as the United States Iron and Steel Corporation, as the United States Iron and Steel Corporation, as the United States,

The company's steel production subsidiaries include Sparrow Point Plant, Port Burns Steel Rolling Mill, Boliheng Steel Plant, Stilton Plant, Bethlehem Building Profile Plant, Pennsylvania Steel Jishu R&D Center, Pennsylvania Iron Ore Plant, Coal Plant, etc. The steel consumption segment includes Dilis Shipyard, Boliheng Construction Machinery Factory, Boliheng Thread, Hot Coil, Medium and Heavy Plate Factory, etc.

As the second largest steel company in the United States, the chairman of Polyheng Steel Co., Zivab is a steel prodigy, he worked for American Steel, the largest steel company in the United States, at the age of 15, and followed Carnegie until the company was acquired by Morgan, and he established Polyheng Steel Company on his own, and within ten years it became the second largest steel company in the United States.

This great achievement is inseparable from the Carnegie Research Jishu Center, which was built by Ziwabo when he was general manager during the Carnegie era, and the company, which monopolizes 80% of the steel market in the United States, depends on the Jishu of the Carnegie Research Center. But after Morgan acquired Carnegie Steel, Zivab took most of the elite researchers at the Carnegie Research Center with him, and this created the miracle that Polyheng Steel Company became the second largest steel company in the United States in ten years.

However, no matter how powerful Zivab is, he could not have predicted that Wall Street would collapse overnight and the irretrievable situation would occur, before this Boliheng Steel Company stock was one of the hottest stocks, as a new steel company, Boliheng Company started when the U.S. stock market entered a bull market, Zivab seized the opportunity to expand the listing and began to issue shares to raise funds. And many shareholders are optimistic that Boliheng will surpass U.S. Steel Corporation, so Boliheng's stock has been soaring, which has helped Zivabo raise hundreds of millions of dollars to continue to expand the scale of Boliheng Steel.

It can be said that the ten-year surge of the U.S. bull market is the ten years from the beginning of the company to become the second largest steel company in the United States.

However, Qi Wabo never expected the collapse of the US stock market, and all his funds were smashed into the acquisition of Dilis Shipyard, Boliheng Construction Machinery Factory, Boliheng Thread, Hot Coil, Medium and Heavy Plate Factory, etc., because he felt that selling steel primary products was not as profitable as industrial manufactured products. This principle was correct, but unfortunately Ziwabo did not see the right time, and as soon as he completed the wholly-owned acquisition of these companies, the Wall Street stock market crash began, and the market value of Boliheng Steel Company evaporated by 1.1 billion dollars overnight.

Believing that the stock market would soon improve, Zivab borrowed $200 million from the Pennsylvania Commercial Bank and he and his board of directors raised $500 million to buy the stocks, making a total of $700 million, but the stocks kept falling, and the $700 million was lost in less than a month.

At this moment, the board of directors was frozen, and shareholders sold their shares one after another, which intensified the collapse of the shares of Boliheng Iron and Steel Company.

The $200 million loan he borrowed from the Bank of Pennsylvania was just a one-month short-term loan with a high interest rate, and he was unable to repay it, and the company immediately fell into crisis.

After careful research, Zhang Meng found that the American Steel Company and his boss Morgan consortium were too powerful, and seizing the American Steel Company would make Zhang Meng and Morgan lose both, so Zhang Meng gave up taking the opportunity to snatch Jihua of the American Steel Company, and instead aimed at Boliheng Iron and Steel Company, because his boss Qi Wabo was from a civilian background and had no background to deal with.

Zhang Meng knew that with Qi Wabo's strength, he would soon be a strong man with a broken wrist and immediately get out of the predicament. Therefore, Zhang Meng would not give him time to get out of the predicament, and immediately took thunderous action.

Zhang Meng, who has 11 major shareholders on the board of directors of Boliheng Iron and Steel Company, sent people to make deals with local American gangsters, paying them to force the shareholders to sign an agreement to transfer their shares to a borrowed account in Zhang Meng's name.

Soon, most of the shareholders were forced by the cruel methods of the local gangsters to transfer their shares to Zhang Meng at an ultra-low price like the price of cabbage, but there were still a few tough shareholders, including Qi Wabo, who refused to transfer without fear of the gangster's threats.

Although Zhang Meng holds 41.5 percent of the company's shares, the largest shareholder, Qi Wabo, and several of his close friends still hold the other 52 percent of the shares, and have absolute control over the company's affairs.

Zhang Meng knew that even if he found another 6.5% of the shareholders, he would not be able to reach the board of directors with a minimum of 51% of the shares, so he had to deal with Ziwabo in another way.

As the loan repayment deadline had expired, the Pennsylvania Commercial Bank refused to give another loan to Zivab for the sake of insurance, and demanded that the company immediately repay the $200 million commercial loan, otherwise it would start a judicial process to freeze the accounts and fixed assets of the company.

Zivab was forced to find other banks to borrow, but now the United States is experiencing the biggest stock market crash, thousands of banks have failed overnight, the remaining bankers are eager to recover the funds, and Zivabo's loan amount is too high, they do not lend Zivab at all.

Zhang immediately asked Madoff, an employee of a shadow bank called Kuni Investment Bank, to contact Mr. Zyvab and promised him a $250 million loan at the best interest rate to Boliheng Steel, but asked Mr. Zyvab to pledge his 39 percent stake.

This Madoff is the biggest liar in the United States of this era, and he believes in Ponzi schemes, and he has surpassed them.

However, he was not lucky, and accidentally saw Zhang Meng arrive in New York by private plane, thinking that he was a stupid and wealthy Oriental tyrant, so he took the initiative to contact Zhang Meng but was seen through by Zhang Meng at a glance, and his hard-earned tens of millions of dollars were returned to Zhang Meng overnight, and when Zhang Meng wanted to dig out his tongue and cut off his hands and feet, he immediately gave in and begged for mercy and asked Zhang Meng to let him go.

Zhang Meng was planning to set up a shadow bank at the time, and he was lacking a man like Madoff who could speak well and was good at looking forward to the public, so he gave him a chance.

This Madoff is indeed very talented in fraud, and has managed dozens of shadow banks in an orderly manner, and it is difficult for even professionals to distinguish the real from the fake, and has become Zhang Meng's right-hand man in the US stock market.

Madoff also knew Zhang Meng's strong strength, and immediately sighed that he was the ancestor of the little liar who met the liar, so he gave up the 10 million US dollar reward that Zhang Meng gave him, and was willing to follow Zhang Meng to do things.

Zhang Meng didn't care what kind of person Madoff was, knowing people and making good use of them was Zhang Meng's creed, so he took him in and ordered him to continue to manage dozens of shadow banks for Zhang Meng in the United States.

This Madoff used these shadow banks to move around Shijie, and because of Zhang Meng's backing, he was practicing his tricks all over Shijie. Once exposed, Zhang Meng immediately used the Datang Imperial Bank to inject capital into the shadow bank, silencing depositors and quelling the police and court investigations. If it was not exposed, he would have absorbed the huge amount of money from the locals and patted his ass and left, and the huge amount of money went directly into Zhang Meng's pocket.

Of course, the dividends to Madoff are indispensable.

In order to deal with Zivabo, Zhang Meng specially ordered Madoff to return from Frankfurt on a special plane.

With Madoff's acting skills of being able to bring dead people to life, Zivab quickly believed him.

Of course. Mainly, time was pressing, and Ziwab was so anxious that he didn't have time to think about it before agreeing to take out his 39% stake out as a mortgage.

In this way, Zhang Meng finally holds more than 51% of the shares of Boliheng Iron and Steel Company, and has the highest decision-making power of the board of directors.

When Zivab returned to the board of directors with a check for $250 million from Puni Bank, he found that he had been removed from the board of directors, and the new CEO was a man named snooker.

Only then did Zivab realize that he had been fooled, and he hurried back to the Kuni Investment Bank, intending to return the check to get his shares back, only to find that the Kuni Investment Bank had already been empty.

The Boliheng Iron and Steel Company, which was created with a lifetime of painstaking efforts, was handed over to people in this way, and Ziwabo naturally had to fight. It's a pity that there was no so-called judicial justice at all in the United States in the twenties, and the police and the court only recognized money and not people, and immediately arrested Ziwabo after accepting snooker's money, and sentenced him to prison for illegal embezzlement.

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