Chapter 672: Gluttonous Feast
After the matter was finalized, Yang Jing no longer paid attention to the matter here.
And the initiators of this matter, the core figures of the Boston consortium, are also a little anxious at this time.
Mike Ale, don't look at the KY investment fund over the years, but the efforts he has made behind it are very big, not to mention, just in the past few years, Mike Ale has woven a big net in the United States, although this network of contacts is not so detailed, but at a critical moment, this newly formed big net can still play a great role.
Under the deliberate guidance of Mike Aller, the FBI, which had no clue, directly targeted the Boston consortium. The FBI is not an iron bucket inside, and the fighting between the FBI is also very powerful.
There are certainly connections within the FBI to the Boston consortium, but again, there are opposition forces specifically against the Boston consortium. In fact, in a country like the United States, where the economy is supreme, not only federal departments such as the FBI, but also the House of Representatives and the Senate are full of mountains, and the same is true of powerful federal departments such as the CIA and NSA.
In particular, the nature of this "murder" against a civilian airliner was so bad that even President Reagan was alarmed and ordered a thorough investigation into the matter, so the FBI, which had obtained the sword of Shang Fang, dared to directly target the tycoons of the Boston consortium.
And not only the FBI, but also the CIA and the NSA were involved, although they didn't have any evidence in their hands for the time being, but it was enough to check the past every day, and it was enough for Lowell and Lawrence's gang to have a headache.
"Haha, that guy Smith is really dead, the elevators of the plane are completely out of order or even locked, and this guy's bodyguards can even come up with a way to make the plane fly upside down, and they can do it, it's incredible......" Richard Mellon Scaife laughed in a room at Long Island Mellon Manor.
He is surrounded by a core group of the Mellon family, including two of the Mellon's current flagship personalities, Richard King Mellon and Paul Mellon, as well as Paul Mellon's son Timothy Mellon and several core figures of the fourth generation of the Mellon family.
Timothy Mellon smiled and nodded to his cousin Scaife and said, "That's right, this mysterious Mr. Smith is really fateful, if it were me, I'm afraid you should attend my funeral at this time." ”
Paul Mellon is old and strong, and although he is not a few years younger than his cousin Richard King Mellon, he is far stronger than his cousin. "Now those stinky boys of the Boston consortium can bear it. Cole isn't a nice guy to work with, and the kind of action he made at our charity auction last time proved to be a very strong character. He was almost killed by Lowell and the others this time, and he will definitely retaliate. ”
After a pause, the eighty-year-old man dusted off the ashes of his cigar and said with some schadenfreude: "I estimate that the stocks of those companies in the name of the Boston consortium should have plummeted in the past two days. Timothy, have you shorted the shares of the companies owned by the Boston consortium?"
Timothy smiled and nodded, "Father, I have already arranged for the funds to enter the market yesterday, how could we miss such a good opportunity?" And as far as I know, not only our funds, but also the funds of the three consortia of Rockefeller, Morgan, DuPont, Citigroup, and the West and Central Sides have also entered the market, and there will definitely be a good show to watch in the past two days, but there seems to be no movement on the Cleveland side." ”
Hearing this, Paul couldn't help frowning, the entry of funds from veteran consortia such as Rockefeller and Morgan is understandable, and even the entry of the Texas consortium, the California consortium and the central Chicago consortium can be understood, after all, the competition among the top ten consortia is still quite fierce, and the Boston consortium is declining, and it has done such a thing of stealing chickens and rice, it is rare to have such a good opportunity, if these guys don't step on a few feet, it will be weird, but why doesn't the Cleveland consortium make a move?
"Timothy, have you spoken to Hamilton Mather? Why are they not coming in this time? Could it be that they want to fall over to Lowell's side now?"
"Father, I contacted Mr. Mather, and the reason he gave was that he didn't have a lot of money lately, so he didn't get in. ”
Timothy's words not only made Paul Mellon's brows furrowed even tighter, but even Richard King Mellon, who had been in a wheelchair and had not spoken, spoke: "Paul, you have to pay attention to the Cleveland side recently, with the Humphrey family and the Eaton family changing leaders, their recent movements seem to be a little wrong, our relationship with the Cleveland consortium has always been very close, and we can't let some of their personnel changes cause the relationship between us to be damaged for decades." ”
"Don't worry, Richard, I'll keep an eye on the situation over there. The Cleveland Consortium has always been a solid ally of our Mellons, and I won't allow them to just turn to Boston. ”
Among the top ten consortia in the United States, the Mellon family and the Cleveland consortium are the old eight conglomerates, and their history is far older than the California consortium and the Texas consortium that emerged after World War II. As a long-established consortium, the nature of the Cleveland Consortium is similar to that of the Boston Consortium, which is formed by the combination of several families.
However, because of the geographical relationship, the Mellon consortium and the Cleveland consortium have always had a very close relationship, and many of the core companies under the names of the two consortiums are mutually controlled.
For example, Amco, National Steel, and Goodyear Tire & Rubber are all core companies that are cross-controlled by the two consortia. It is precisely because the core enterprises between the two consortia have achieved cross-control between each other, so the relationship between the two consortia has always been very good.
And at this juncture, the Cleveland consortium suddenly made an unusual move, which could not be ignored by Richard.
Paul Mellon said: "Richard, I think Cleveland's side can still distinguish which is more important, after all, Smith also controls a lot of shares in several core companies under their name, if Cleveland is on the Boston side, with Smith's character, he probably won't let Cleveland go." Therefore, we should also be prepared for both, at least not to involve Cleveland, which will also affect our Mellon family. ”
Richard nodded and said, "Paul, you have to be involved in this matter as well. In that case, you should take a moment to visit Mr. Smith and tactfully ask his men to be merciful. Alas, these fools in Boston, who is not good to mess with, have to mess with that guy. You say that they are agents from Europe? This kind of reason is too far-fetched. ”
Skeif also nodded and said: "Yes, others don't know Smith's roots, we have a little bit of a bottom, not to mention anything else, the capital brought by Smith was transferred through Citigroup and Morgan's banks, and those funds did not flow in from Europe at all, just this can prove that Smith is not an agent on the European side." It's just that these guys in Boston have been blinded by hatred. ”
After a pause, Scaife continued: "I just don't know what that guy Smith is going to do, but I really hope that he can create a memory for those guys in Boston that will last a lifetime." ”
Timothy said, "With Mr. Smith's hand, he's definitely not going to let go of the guys in Boston, and we'll just wait and see the show." ”
......
The same situation is playing out in several other parts of the United States. A group of tycoons with terrifying net worth have gathered together, and have already prepared knives, forks and napkins, just waiting for a gluttonous feast to arrive.
Yang Jing did not let the tycoons wait longer, five days after the plane crash, on the sixth day, that is, at the beginning of a new week, the stocks of several core companies under the name of the Boston consortium have certainly suffered a large number of sell-offs, and the KY Investment Fund submitted two statements to the ESC early in the morning, stating that it will reduce the shares of Boston First National Bank and John Hancock Mutual Life Insurance Company owned by the KY Investment Fund.
Subsequently, the stock prices of the two core companies in the Boston consortium suddenly fell in response, and the massive sell-off caused panic among many shareholders who held shares of these companies, and then almost in just 20 minutes, the shares of these two companies fell by 15.5%.
However, because of the stock market crash last year, the New York stock market once again activated the circuit breaker, so when the shares of Boston First National Bank and John Hancock Mutual Human Insurance Company fell by more than 15.5%, the circuit breaker mechanism was automatically activated, and the two stocks were suspended for half an hour.
The triggering of the circuit breaker mechanism triggered a new round of panic, and after a short half-hour suspension of trading to return to normal, more sell-offs appeared, and the stock prices of the two companies continued to fall faster than during the stock market crash last year.
The Boston consortium immediately issued a statement claiming that it would file a lawsuit against the KY Investment Fund against the ESC, and as the majority shareholder of the company, the KY Investment Fund announced that it would reduce its stock holdings for no reason, which is an illegal practice.
But. What the Boston consortium did not expect was that their statement only stimulated the decline in stock prices even more, and just after ESC announced that it would begin interviewing the head of the KY investment fund, the shares of Boston First National Bank and John Hancock Mutual Life Insurance Company not only did not stabilize, but accelerated their decline, and by the end of the afternoon, the stock prices of these two stocks had plummeted by 28%!
In other words, in one day, the market value of the two banks and insurance companies, which originally combined with a market value of more than $90 billion, directly evaporated by nearly one-third.
And Henry Williams, the head of the KY Investment Fund, directly declared that there is no problem with our shareholding reduction plan, and tomorrow, the shareholding reduction will continue!