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Although the shorting of the stock market has made countless investors lose their money, some immorality, but it is not illegal at all in the shopping mall, whether it is the Rothschild family in Europe or the Morgan family in the United States, they are all doing the same thing, don't look at the American stock market, Wall Street asked Morgan for help, and the Morgan family has also organized bankers in New York to bail out the market many times, and they have all succeeded. (To read the latest chapters of this book, please visit the biquge.info of Wèn Aishang Novel Network)

The Morgan family's prestige on Wall Street was used to win the confidence of investors during several stock market crashes in the United States, thus establishing the Morgan family's hegemony.

But Situ Nan knows that many times, those so-called crises may have been created by them, even if they were not created by them, they were also fueling the troubles, and in the end, they jumped out to be good people, and earned face and lining.

Big tail wolf!

For example, the U.S. Treasury Gold Crisis of 1894 left the U.S. treasury empty and on the verge of bankruptcy. The White House had to cheekily ask Wall Street for help.

At that time, the head of the Morgan family, J. P Morgan Sr., gathered Wall Street bankers to put pressure on the White House, forcing the White House to agree to Morgan's proposal to undertake the U.S. gold bonds through a syndicate of banks established by the Morgan and Rothschild families.

In desperation, the president had to agree to Morgan's terms, and the White House bowed in front of Wall Street. Morgan netted $12 million from the difference between the price of government bonds and the market, and arranged for an international agreement not to buy U.S. gold against U.S. dollars or pounds sterling or U.S. gold until the issuance of government bonds ended. At this time, Morgan's reputation in the business world surpassed that of the U.S. government, and his reputation in the financial world was unparalleled, and he was a veritable number one person in the financial world.

In 1907, the Nick Burke Trust, the third largest trust company in the United States, went on a debt spree to buy shares of the United Copper Company on the stock market, but the move failed, triggering a panic on Wall Street and rumors of Nick Burke's imminent bankruptcy. Banks are pulling back their loans, stock markets are plummeting, people are running on them, and several big banks are on the verge of collapse. About half of all bank loans in New York are pledged by high-interest return trust and investment companies in high-risk stock markets and bonds, and the entire financial market is in a state of extreme speculation. By October 24, trading on the stock market was almost at a standstill.

This time it was Morgan who stepped up. When the chairman of the New York Stock Exchange came to Morgan's office for help, he said in a trembling voice that if he didn't raise $25 million by 3 p.m., at least 50 dealers would go bankrupt and that he would have no choice but to shut down the stock market. At two o'clock in the afternoon, Morgan convened an emergency meeting of bankers, and in 16 minutes, the bankers had raised enough money. Just one day later, the funds for the emergency relief ran out, and the interest rate rose again. Eight banks and trust companies have collapsed. Morgan rushed to the New York Clearing Bank and demanded that the notes be issued as temporary currency to meet the cash shortage.

On November 2, Morgan began his next "rescue" plan, targeting the stormy Morse Slyer Company. Morgan invited all the biggest names in New York's financial circles to his library to discuss a rescue plan. On Sunday night, Nov. 3, Morgan sent someone to Washington by the stars to get approval from President Roosevelt Sr. before the stock market opened the following Monday morning. The banking crisis caused a large number of businesses to fail, and thousands of angry people who had lost their life savings formed a huge political crisis, and Roosevelt Sr. had to rely on Morgan's power to stabilize the situation, and he was forced to sign the alliance at the last moment.

The U.S. Treasury delivered $25 million (equivalent to $550 million today) to Morgan, and in this way, Morgan assumed the role of the U.S. central bank. Morgan and the financial bigwigs he knew hammered out a bailout plan, and after weeks of market turmoil, the panic finally came to an end.

After many times, the Morgan family took control of the American financial industry step by step. Around 1912, Morgan had created a vast empire, the Morgan Union. The Morgan Alliance is made up of the Morgan family and the Morgan Alliance. This financial conglomerate accounts for 33% of the nation's financial capital, with a total value of nearly $20 billion. There is also $12.5 billion in insurance assets, accounting for 65% of the U.S. insurance industry.

Now a few years have passed, the invincible tyrant Morgan Sr. also died in 1913, in the face of the US government's suppression and other consortiums such as Rockefeller, Mellon and other consortiums, the Morgan family's control over the US economy has weakened, the proportion of Morgan financial group's capital in the United States has declined, but the absolute strength is rising, the total capital value of the Morgan consortium and their allies is about $20 billion to $30 billion.

They are still the kings of Wall Street! There is no doubt that more than one-third of Wall Street's capital is still in Morgan and his allies.

The only place that may be the new head of the family, that is, the Jack Morgan who is now standing in front of Situ Nan, is not as radiant and out of the limelight as his old man, but a little low-key.

Well, it's a bit of a stuffy way to make money.

Jack Morgan gave Situ Nan the feeling of being the Sun Quan in the Three Kingdoms of ancient China, willing to delegate power, able to employ people, and maintaining a relatively equal and friendly relationship with his partners, not as eloquent as their predecessors, and having enough prestige to drive his subordinates to work hard.

If the richest person in the United States is, of course, John D. Rockefeller, whose personal worth has exceeded $1 billion, which is the richest person in human history.

Situ Nan's personal worth seems to be not small, and it is very much, if it sells well, it is impossible to say that it can reach half of John D. Rockefeller's, but he is just one person, and his consortium is still only a prototype, except for Situ Nan, his allies Hendar, Robles and others are still young, and they have not yet risen to the kind of super-rich, so Situ Nan's strength alone is really not comparable with those deep-rooted and wealthy big families and big conglomerates.

For example, if Situ Nan's net worth is 500 million US dollars, then his assets will not exceed 1 billion US dollars, which is related to the fact that most of his properties are owned by him personally.

John D. Rockefeller's $1 billion net worth does not include the assets of the entire Rockefeller family, and now John D. Rockefeller has retired and specializes in charitable activities, and before that he has divided some of the shares in his name, so Situ Nan estimates that the assets of the Rockefeller family should be between $2 billion and $2.5 billion, and at the same time, the $2 or 3 billion assets of the Rockefeller family control the Rockefeller consortium of more than $20 billion.

That is to say, if you go head-to-head, the power ratio between Situ Nan and John D. Rockefeller is 1:2, but the power ratio between Situ Nan's California consortium and the Rockefeller consortium is 10:200.

The gap is too far, so Situ Nan is particularly eager to make a difference in the financial industry, and his financial resources alone are no longer enough to support the development of those industries under his control, and he needs more money.

And the best way is to use your own money to control more money to serve your own actions. This is why it is clear that the Rockefeller family is richer than the Morgan family, but the Rockefeller family's influence on Wall Street in New York has never surpassed that of the Morgan family, because although the Morgan family itself has less money than the Rockefeller family, they control more than 1/3 of the capital of Wall Street, and their allies are terrifyingly powerful.

There are many big families in the United States, but there are only a few that can be called consortia, and there are only three and a half consortia that can be named after the family, one Morgan, one Rockefeller, one Mellon, and half DuPont (well, the DuPont family is famous for playing explosives, this family is more evil, and the red fruit is born for war).

There is only one meaning to say so much nonsense, although our protagonist Situ Nan is very rich, but his just somewhat embryonic consortium can only be regarded as a small half, but he has not yet challenged the strength of those old consortiums, and he has to clamp his tail and be a man.

Besides, there are elites in terms of political connections! The shortcomings in this area need to be accumulated more than the economic aspects, which is really big! Let's take it slowly!

Situ Nan admonished himself. Well, people who think they're awesome often fall badly!

Jack Morgan didn't expect a sentence to make Situ Nan think so much, his eyes were raised, his eyes were a little sharp, this kid asked him, and he didn't answer for a long time.

"Hey, what are you thinking? Were you talking to God just now? Otherwise, it's better to remember that there is also a Wall Street God standing in front of you. Jack Morgan said proudly.

Situ Nan finally came back to his senses, and just seemed to be asked by Jack Morgan about the crazy speculation of the two Robles on the New York Stock Exchange in 1914, so he was a little surprised by surprise, and then he didn't know that he thought about it so far.

"Huh. I have just been thinking back to the story of your father, Pierpont Morgan, and every stock market crisis is a good opportunity for that Excellency, and the Morgan family has won its position today by virtue of its superior performance in the stock market crisis. In the same way, we played a small game in 1914 in a small stock market turmoil, but we didn't expect to be discovered by you. It can be seen that the Morgan family, under your leadership, is still the most admired store on Wall Street. Robles, do you say yes? ”

Situ Nan said neither humbly nor arrogantly, with a gentle and confident smile on his face, it would be a pity not to be a politician or an actor.

"Yes, yes!" Robles nodded in agreement, he also got used to Jack Morgan's aura.

"But if you're so numb, you can't think of it?" Robles thought to himself, and he glanced at Situ Nan with a strange expression.

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