Chapter 539: Discussion [1]

Maggs asks Durin this question, and it is also the question that Durin intends to communicate with Maggs. If a city is packaged and listed, it must comply with the stock and securities law currently in force, so after the successful listing, do investors and shareholders have the right to accept the supervision of investors and shareholders in accordance with the principles that other stocks need to abide by? If it is supervised, will this way of supervision cause problems in the construction of Otis City, and if it does not accept supervision, then how to ensure the interests of investors?

Hull...... In the brief exchange between the manager and Duhrin, he raised a lot of questions that need to be faced at the moment, and some of them are very pertinent, and it can be said that this guy is really thinking about himself. There are some things that Durin can't decide, he is not the master of this empire, and he can't completely structure the policies and regulations according to his own ideas, so he needs to communicate with Mags.

"Can I hear your thoughts?", a lady brought a pot of flower tea and some pastries, judging by this lady's appearance and temperament, she was definitely not an ordinary maid, and this lady's age, if nothing else, should be Mags's wife. Maggs was also very accommodating to her, and introduced her with a smile, "This is the young man I often talk about, Doolin." He looked at Durin, "This is my wife, Terri." ”

Durin immediately stood up, smiling very innocently, and bent slightly, "Good morning, Lady Terry, very fortunate to be able to foresee such a beautiful lady as you. ”

Terri laughed as she laid the teapot, mug, and pastries on the table as she complimented Dorin, "My husband often whispers about you in my ear, that you are a very good mayor, and that Odis is very lively, and that when the weather warms up, I'll find a time to check it out." She took back her plate, "I'm just as glad to meet you, Mr. Doolin. ”

"You talk, what do you need to tell me!"

When Mrs. Terri had left, Durin sat back, and under Maggs's encouraging gaze, he picked up a piece of pastry and took a bite. What to say about this pastry, it tasted much worse than Duhrin imagined, and he thought that the pastry that Maggs ate must be very delicious, but in addition to the rich honey fragrance in his hand, there was only sweetness left. Of course, he won't say that it's not delicious, that's the truth that only a fool can tell, he ate the pastry in his hand in three or two bites and nodded uncontrollably, "It's very delicious, can I bring some when I leave?"

Maggs was stunned for a moment, then laughed, "Yes, I'm sure my wife likes your request very much." ”

After eating a piece of pastry and taking a sip of flower tea, Durin sorted out his thoughts by the way, and began to talk about his original idea of making the city "listed", "You should know that I have spoken with Mr. Lani, and you also know that about eighty-five percent of the tax revenue in the city of Otis goes to the Imperial Tax Administration. In this case, the funds that the town hall can retain become quite small. ”

"This year, we have paid 37 million in taxes, leaving about 5.5 million yuan, which is no longer enough to allow the city to continue to develop in great strides, except for the construction of railways and the construction and maintenance of urban infrastructure. ”

"And there are more and more capitalists gathered in Otis City, and they may not have shown their fangs yet, but I believe that one day, these people will not be satisfied with the current taxation methods of Otis City, nor will they be satisfied with their social status in the city, and they will definitely try to destroy the current construction and rules of Otis City. I have tried many things, but most of them have not worked, because I cannot accurately know whether my successor has the same governance philosophy and goals as me. ”

"Once something goes wrong with the successor, soon the capitalists will start to corrupt everything that can be corrupted with money, and eventually the city of Otis will no longer be the most important hematopoietic organ of the empire, but will become a playground for the capitalists to make crazy profits. That's why I came up with the idea of going public, which does bring some drawbacks to the city, but at the same time, you should be aware of one thing, and that is the 'transparency' of listed companies. ”

"Having more people under limited scrutiny promotes transparency throughout the Otis system, and when anyone tries to use any means to get more benefits for themselves that don't belong to them, more investors and shareholders will help us keep an eye on him, and then expose him and punish him. What he stole was not the interests of the town hall, not the interests of the empire, but the interests of stock investors as a whole!"

When Durin said this, a flash of lightning instantly tore through the thick dark clouds in his mind, and he suddenly understood what kind of assumption existed behind Durin's ridiculous plan to take the initiative to promote the packaging and listing of a city.

That's right, it's the power of oversight!

If a business in the city of Otis is looking good but is losing money, then it must be a problematic company that is stealing from all investors. If the city's overall operations are similar to last year's, but the overall tax revenue is much lower, it is the town hall that has a problem.

The operation of the capitalists in the city of Otis is supervised by another group of capitalists, and if he acts against the other group of capitalists, those people will certainly not choose to remain silent. Using the power of capital to regulate capital and make capitalists enemies of each other is the purpose of Duhring's promotion of listing. With these capitalists helping him to oversee the city of Otis, it will be the second firewall for the stability of the city.

Maggs thought about it for a long time, and he always felt that something was wrong, but he couldn't say it. First of all, he knew very well that the initiative in this matter was entirely in the hands of the Imperial Cabinet, and that it was only necessary for the next decree that the listing of Otis on the stock market was "illegal", and that the reason he had previously admitted was that he had been "deceived", and that he would immediately take back all the dominance.

Yes, it's hooliganism, but it works.

Perhaps it was because the leadership was firmly in the hands of the cabinet that Maggs could not find what he felt was wrong, as if DΓΌhring's idea was so correct that he even began to consider whether he could refer to other special districts.

Soon Maggs took his divergent thinking back and asked a question, "We all know that stocks will go up because of some good news, and they will fall because of some bad news, if Otis goes public and the price fluctuates, will it have any impact on the city? If someone maliciously manipulates prices to achieve something we don't know about, how do we deal with it?"

This is a very serious issue, and the rise and fall of the stock is directly related to the situation of the company, and in turn, it is because the current survival of the company affects the price of the stock. If the City of Otis can maintain a healthy economic situation and positive economic growth, the performance of the City of Otis in the stock market will never be a joke, but a myth.

There is another situation here, that is, whether someone will manipulate the stock price to obtain certain benefits, such as spreading rumors and shorting by large market makers, forcing abnormal fluctuations in valuations.

Durin also considered this point, and asked Hull, Hull's answer still lingered in his ears, and he told Maggs Hull's answer, "If someone can manipulate more than 100 million funds to short a stock, and this stock will increase in market value in a stable and rapid way in the next ten years, then the empire can consider whether someone is thinking about subverting the empire." ”

"This huge amount of money will inevitably involve several consortia and more capitalists, and even federal people, otherwise they would not have been able to come up with the money!"

Dulin's answer was affirmative, he got 50 million to go to the Federation to make trouble, and it seemed as if only a dozen people had scraped together the money, and the money seemed to be easily scraped together. But what about the facts? Look at the people involved, except for the big capitalists, there are veteran aristocrats like Maggs, and they are the current leaders of the New Party. There is the Empire's Ministry of Finance, the Empire's largest economy, the Imperial Central Bank, and the largest money laundering dealer poker organization in the Western world!

The fact that these people can make up so much money does not mean that others can also make up it, and if those consortia do not want their industries to go bankrupt and collapse one after another due to the disruption of capital flows, they had better ensure that they have sufficient funds in hand to combat the risk of market irregularities. As for taking the money out to sit in the bank?

Maybe three to five million to ten million is already the limit, how many consortia will it take to make up this money?

The forces that can make up this money and use the money to short a stock that will inevitably not fall into the abyss, and may even give them a head-on blow, are they too bold, or are their brains rusty?

"Besides......," Durin lowered his head slightly and smiled, "if this is the case, it will be a good thing." The cabinet issued an announcement for the Securities Regulatory Commission and the central bank to investigate the funds at the same time, and in cooperation with the operation of the city of Otis, this money will be swallowed up in our stomachs!"

Maggs nodded, Durin thought it through, of course, there are still many details to be studied, and in order for Durin's Otis City to be listed, at least some legal provisions need to be formulated and supplemented to cooperate with the harvesting work later.

That's what he thinks, harvesting, from Durin's point of thinking, the biggest insurance in the city of Otis is not a certain person and a certain organization, but the empire itself, the government and the ruling party of the empire. Since he already had such an idea, he was simply enriching his idea.

For example...... Garrison in the city of Otis ?!

That's a good idea!