Manhattan Reborn 1978

Chapter 557 Learned

new York.

Lunch time.

Manhattan, in a French restaurant near the Twin Towers.

Bernard Madoff opened his napkin and asked with a smile to his old friend Mikhail Friedliman.

"You and Prince Defar, it was only after we met by chance at the racecourse..."

"Yes!"

Mikhail glanced at Saudi Prince Difar, who was sitting next to him, quietly eating delicious dishes, and nodded.

"I invited Defal to my horse farm..."

"Oh~"

Madoff's eyes swept over Prince Defar's body. He paused for a few seconds with the tableware in his hand, lowered his head and ate the dishes quietly.

Mikhail glanced at Madoff in surprise, wondering why he was so quiet today. .

Prince Defal, on the other hand, smiled amusedly, put down the tableware in his hand, raised his glass and said to the two of them.

"This time I come to New York, I can meet..."

"This morning, I received a message!" Bernard Madoff suddenly interrupted Prince Defar very rudely.

He put down the tableware, raised the wine glass, and said to his old friend Mikhail who was smiling, and Prince Defar, whose face was calm but his eyes became colder.

"Someone borrowed a large number of stocks from dozens of domestic oil companies from investment banks such as Goldman Sachs, Merrill Lynch, and Lehman Brothers."

"Borrow stocks!?"

“They want to short these companies?”

"...!"

Madoff did not answer his old friend's question, but gently touched Prince Defar's wine glass with the glass in his hand.

"However, these fund companies that quickly established short positions in the market did not approach Morgan Stanley to borrow stocks."

"Prince Defar, you definitely didn't come to New York just to have fun... right?"

"Hehe~"

Prince Defar showed a surprised smile on his face, nodded and said: "That's right~"

"I really like London..."

"But it's now incomprehensible to me~"

"So, I came to New York!"

Madoff took a sip of his drink, put down his glass, picked up the tableware again, and smiled.

"terribly sorry!"

"A friend of mine just decided to buy stocks of major domestic oil companies a few days ago~"

"In the past few days, I have been helping him pay attention to the price fluctuations in the market."

"Wall Street, there are no secrets!"

"Those fund companies that borrowed stocks did not immediately sell out the stocks they held in large amounts~"

"Tell me, what do they want to do?"

Prince Defar took a sip of wine, smiled and shook the glass a few times, but said nothing.

Mikhail held the cup with his hand, glanced quickly at Prince Defar, and asked with a frown.

"Is it because the situation in Iran is getting worse?"

"Um.."

"..."

Mikhail was thinking quickly in his mind about what Madoff had just said, and tapped his fingers on the dining table unconsciously.

Madoff chewed the food in his mouth, turned to look out the window of the restaurant, and smiled.

"Will it rain today?"

"No~"

"It must be snowing, right?"

"Oh~ right!"

"It's almost Christmas and there's no chance of rain."

Mikhail rubbed his fingers gently a few times and asked: "When will your friends start buying stocks in these companies?"

"He seems to have arranged for someone to buy it~"

"But... if there really is an outbreak in Iran..."

"Hehe~"

Madoff wiped the corners of his mouth with a napkin and explained to his old friend: "Naked Shorting ~ Have you heard of it?"

"Uh... never heard of it!"

"NakedShorting means that I have no shares of the target company on hand and rely solely on borrowed shares from the market to short the company."

"The costs and risks of naked short selling include: stock lending period, interest, short-term violent fluctuations in stock prices, and the emergency response strategy of the shorted company, among other factors."

"Also, if you want to short a company's stock price to make a profit, there are no very reliable sources or unknown and secret related transactions."

"It is difficult to cause problems to a company that has no problems in terms of capital chain and management..."

"Understood!"

Mikhail sat back in his chair, shook his right leg a few times, and said with a smile: "In the past few years, the stock market was booming, and you advised me to buy stocks of some big companies properly~"

"So, I bought some stocks of companies that I am familiar with the operating conditions."

"Among them is Chevron!"

"You said someone wants to short Chevron?"

"Hehe~"

“Should I sell these stocks now?”

Madoff also sat back in his chair with his old friend Yang, smiled and shook his head.

"If you want to short Chevron, the largest oil company in the country... it is not enough to just rely on some predictions or rumors that have not happened in Iran!"

“The essence of short selling is to sell a stock at a high price and then buy it back when the stock price drops to a reasonable price~”

"As for investors like you who hold long-term stocks, if you want to participate in short selling... you can only sell and hold the stock now, and then buy it back after the price drops to what you think is a reasonable price."

"But I don't recommend you to use this method!"

"Because Chevron and other well-known domestic oil companies will soon come up with strategies to deal with this NakedShorting~"

Madoff's eyes stayed on Prince Defar's face for a few seconds, and he continued with a smile.

"In addition, even if the situation in Iran becomes more unpredictable, it will even directly affect the total oil exports."

"The impact it will bring will not be immediately reflected in the U.S. stock market~"

"It requires a short process!"

"Maybe a few days, maybe a few weeks."

"Of course~"

"Since the last oil crisis, many people have learned their lessons and have been paying attention to the situation in Iran~"

"So in this regard, I think Prince Defar should know better... the inside story, right?"

"Hehe~"

Prince Defar raised his wine glass and gestured to Bernard Madoff: "I heard that Mr. Coleman is getting engaged?"

"Yes!"

“December 12, Plaza Hotel!”

"Oh...are there still ten more days?"

"enough!"

Prince Defar clinked glasses with Madoff and said with a smile, "I will give him a surprise gift!"

Madoff held up the cup with a smile, shook his head slightly and said, "Sorry~"

"I don't know yet the guest list for his engagement ceremony..."

"So all I can say is...he might like your gift!"

"A list?"

Prince Defar smiled more happily and nodded, without saying anything else~

Mikhail Friedliman silently put down his wine glass, staring at the confident expression on the face of his old friend Madoff, and suddenly a very absurd idea came to his mind ~

----

Manhattan.

Bonini Restaurant.

David and Polly sat together, listening to Malkin Sr., Meyer Lansky, Junior Soprano and Ludy chatting and laughing.

(Junior Soprano, appearing in Chapter 285, from the TV series "The Sopranos", the second-in-command of the Soprano family gang in New Jersey ~ the boss of the family gang is Junior's cousin. )

. . .

"We haven't seen each other for almost two days... Do you miss me?"

David bit a piece of small cake in his mouth and asked Polly next to him in a low voice.

Polly rolled her eyes helplessly, and curled her lips in a perfunctory manner: "Of course I thought about it~"

"Hehe~"

David put down the tableware in his hand, kissed the struggling Polly hard on the face, licked his lips, and asked feeling strange.

"What did you touch on your face?"

"How come it smells so good?"

"...Can you be more serious?"

"Oh~"

David nodded very obediently, put his hand on Polly's thigh, and asked Ludy, who was sitting next to the three old men reminiscing.

"Why do you have dark circles under your eyes?"

"Your wife kicked you out of the house again?"

"..."

Ludy raised his middle finger at David and chuckled: "Don't you know why I can't sleep well?"

"I... don't know~"

"Hehe~"

"Last night, I was busy transporting garbage all night long...bastard!"

"Rubbish?"

David scratched the "question mark" on his forehead with his hand, looked at Polly and asked, "What rubbish is that?"

"It's nothing~ Don't listen to his nonsense!"

Polly pointed the knife down at Ludy until he raised his hands with a smile, then she put down the knife with satisfaction and said to Old Malkin.

"father!"

"We are almost full~ How long do you want to chat!?"

"Hahahaha~"

Old Malkin, Meyer Lansky and Junior all laughed and raised their glasses and put them together fiercely.

. . .

End of reminiscing.

Old Malkin picked up the tableware and glanced at Ludy.

Ludy picked up the napkin and wiped his mouth, his eyes swept from Meyer Lansky to Junior Soprano and said.

"I went to meet with the new commissioner of the NYPD, Matthews DeNipero."

"He has submitted an application to the City Council to formally incorporate the personnel of the Auxiliary Police Office into the New York Police Department Auxiliary Police Management Department."

"In other words, after the city council approves this application~"

"The Auxiliary Police Office managed by Police Officer Allston will become a thing of the past~"

"All auxiliary police officers under its jurisdiction will pass the formal training of the police academy in batches and then be assigned to the Transportation Bureau, Housing Bureau, Traffic Bureau, Major Crime Investigation Bureau and Intelligence Bureau under the New York Police Department according to their ability scores and wishes. Bureau."

"Everyone knows the previous branches very well, so I won't introduce them too much~"

"The Intelligence Bureau is a brand new department proposed by Director Matthews."

"It will assist the New York Police Department and various branches in obtaining intelligence, interfering with intelligence and detecting criminal cases in New York."

Ludy looked at Junior who narrowed his eyes and continued with a smile on his lips.

"Inside the Intelligence Bureau, according to its functions, it can be divided into two departments: Intelligence Operations and Analysis Group and Criminal Intelligence Group."

"And its first mission after its establishment was the Lufthansa heist!"

"Uh...wait a minute!"

After hearing this, David suddenly raised his hand to interrupt Ludy, frowned and asked: "Where is Auston?"

"Where was he assigned?"

"Hehe~"

"He is the first head of the Intelligence Agency!"

"..."

"What about the auxiliary police office across from the bar?"

"Do you want to cancel it?"

"No!"

"It will be the liaison office for the Allston superintendent."

"connection?"

"Correct!"

Lu Di put his elbows on the dining table and explained to David: "The two departments within the Intelligence Agency are still empty shells~"

"The intelligence operations and analysis team can only be responsible for some intelligence acquisition, classification, sorting, and intelligence analysis for the time being."

"The other criminal intelligence team basically still does the same work that the auxiliary police did~"

"Inspector Farr Pochivino will temporarily serve as the head of this crime intelligence unit."

"After his promotion documents are officially approved, his appointment will also be approved."

David withdrew his left hand from Polly's thigh, glanced at the old Malkin who was lowering his head to "work", exhaled, and nodded.

"Then the auxiliary police...will it be cancelled?"

"Not really~"

Ludy looked at Junior and smiled: "The auxiliary police officers will be directly under the jurisdiction of the Patrol Service Bureau, the largest branch of the New York Police Department."

"Matthews has already completed the auxiliary police personnel expansion plan~"

"After the New Year, the New York Police Department will recruit at least 200 auxiliary police officers from all New Yorkers."

"After these auxiliary police officers pass the training at the police academy, they will be assigned to all branches in Manhattan under the jurisdiction of the Patrol Service Bureau~"

"Manhattan?"

"Only Manhattan?"

"Yes!"

Junior suddenly turned his head and looked at Old Malkin, understanding that today's gathering was not just about catching up with old friends~

David rubbed his chin with his hand, going over the "arrangements" Ludy said several times in his mind, and asked.

"Where's the security company?"

"Those auxiliary police officers and..."

"It doesn't matter~"

"At least, DA Security Company will no longer have to pay a salary to the auxiliary police officers in the future."

"and then?"

Ludy felt very interesting and continued: "Da Security Company will be one of the most important partners of the New York Police Department."

"The NYPD's regular weapons and equipment training, as well as training on the use of some non-lethal equipment, will be undertaken by the DA Security Company."

"..."

"Tsk~ Not bad!"

"At the very least, can the security company have a stable income?"

"Hehe~"

David glanced at Old Malkin, who was still eating alone and had no intention of speaking, and asked.

"Any more?"

"Yes~"

Lu Di smiled and took a sip of his drink. Under Junior's curious gaze, he said, "Do you still remember the voluntary donation idea you mentioned?"

"Of course!"

"Hehe~"

"The New York Police Department, when issuing announcements to recruit auxiliary police officers, will also announce the New York Police Department's voluntary donation account number."

"From now on, everyone can donate money or equipment to the New York Police Department in a registered or anonymous manner~"

"The maximum limit for a single transaction is 10 yuan."

"No limit to the number of times, the more the merrier!"

"..."

David suddenly had a strong interest in this strange-sounding "voluntary donation" method. .Absurdity~

He leaned back in his chair, put his left arm around Polly's shoulders, and asked Ludy.

"Anyone can donate anonymously to the police station?"

"Correct!"

“Then who’s going to oversee the money?”

"Who can guarantee the legality of this money?"

"Hehe~"

"Those are all issues that Chief Matthews needs to consider, and they have nothing to do with us~"

"..."

"Ludy, I think you should stay away from that Matthews!"

"Oh?"

Old Malkin suddenly raised his head, smiled and asked David: "What else did you think of?"

"For now, no~"

"However, my intuition tells me that the way he does things and his intentions... can easily cause trouble or big problems!"

Old Malkin wiped the corners of his mouth, held the wine glass in his hand, and smiled.

“The New York Police Department’s salary package for new officers is the lowest among all nearby districts.”

"In 75, the bankruptcy crisis of the New York City Government resulted in the loss of a large number of serving police officers~"

"That's why the plan for the auxiliary police office you proposed was approved so smoothly!"

"The security company provides half of the auxiliary police officers' salaries, and the New York Police Department provides the other half. They do not need to make any commitment to raise wages."

"Of course they will agree!"

"But what!?" David also held the wine glass, took a sip of wine, and asked.

"but.."

"Hehe~"

Old Malkin shook his glass a few times, turned to Junior and said, "The New York City Police Commissioner (Police Commissioner) is appointed by the mayor."

"The term is 5 years."

"Matthews Denipero was originally with Mayor Lynch Olson... No!"

"It's the guy behind Governor Lynch Olson."

"But now he is being raped by the former police commissioner Hardman... No!"

"It's Mayor Hardman, appointed as director!"

"You think~ can he still be re-elected after this five-year term?"

"In other words, can he serve as director for five years?"

Junior's eyes twitched twice, he shook his head with a wry smile and said, "I'm full, how about you?"

"Hahaha~"

After hearing this, old Malkin laughed happily~

Amid his laughter, David raised his neck to drink all the wine and let out a long breath.

again. .Learned!

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