Wall Street of the third generation chaebol

Chapter 122

＜ Collapse. (1) >

“It’s today.”

widely.

I threw the report on the desk.

6 am.

I woke up early today and went to work at the hedge fund headquarters before stopping by the New York Stock Exchange. The secretariat staff and the board of directors, who had already been briefed on what was going to happen today, Monday, also convened.

Everyone stood around me in the chair and looked at me.

“Have you contacted the president of the New York Financial Settlement Organization?”

New York Funding Settlement.

An institution such as a state-owned bank that mediates payments and guarantees payments to New York City banks. It was a quasi-central bank-level institution that controlled the operations of New York City banks.

“Yes, I have told you about the possibility of a margin call. They said they would come to the New York Stock Exchange with the board of directors.”

“That’s right. If the stock price plummets due to today’s earnings shock, margin calls will be forcibly liquidated in series.”

perhaps.

The entire second financial district of New York City may be blown away today.

However, the cash held by me and the 10 largest banks in New York was large enough to cover them all. In the first place, large banks are not forced to liquidate even with margin calls due to their size.

No, large banks are institutions that lend leverage, so we were the absolute best.

“What about JP Morgan Bank?”

“You say you don’t sell. It’s because you’re not that interested in stock trading in the first place.”

“Well, my father is obsessed with trust. Are you saying that this New York Stock Exchange case will only be concerned with bailouts? Trust acquisition.”

“Yes, you keep sending cash to the bailout.”

“great.”

All contacts were made to the 10 largest banks in New York.

The Morgan-affiliated banks and the Rockefeller-affiliated banks had a weight class that did not falter even when the stock price fluctuated, so they were relaxed.

If it wasn’t forcibly liquidated, in the end, I just had to survive and pay the principal.

“Institutional investors who have pulled their leverage by 10x or 20x will all die today. If margin calls are followed by forced liquidations, half of the New York Stock Exchange could be blown today.”

It could have been the worst day ever.

However, like on Black Wednesday, this New York Stock Exchange event is a short-lived one-day event. A bailout loan was prepared, and if it passes through this quarter and enters into a blood transfusion, it will eventually recover.

The gap between the rich and the poor in New York City was huge, and the economy would not collapse even if only the top 10 banks survived.

In particular, the cash reserves of the bailout have become stronger as long as I am holding on, having absorbed enormous wealth from Japan and the Qing Empire.

“Aren’t the big banks in New York salivating?”

“Yeah, they say they’ve been monetizing for a while now. They’re probably loading up a lot of cash.”

Conversely, 50% off stocks are pouring into the market.

Large banks, as well as cash-loaded hedge funds and special partners, simply suck it up like a vacuum cleaner when the New York stock market crashes that day.

‘Especially if you are a father who has turned his attention to trust, he will be able to collect steel stocks together.’

Recently, there has been a movement to create a steel trust.

I was planning to put a spoon on it too, so be careful.

However, there was something more important than this now.

‘The Federal Reserve.’

and the Securities and Exchange Commission.

An opportunity has arisen to turn the arena of these beasts into a New York ‘stock exchange’.

And we.

New York City’s largest banks.

He was ready enough to bear the bleeding.

“What are institutional investors doing now?”

Trust companies, insurance companies. 2 financial institutions. medium-sized banks.

By now, maybe I’m losing my mind and I’m still digging a grave?

“Again, institutions don’t save lives.”

There’s no need to save it.

There is nothing like that in the private economy if they survive. They even refused to file for bankruptcy, thinking that they would turn them into debtors for the rest of their lives.

They will suck it up, giving you only enough blood that you can’t die.

“But we save the individual depositors that institutions have been slaughtered.”

bailout financing.

to save civilians. That was all.

Institutional public opinion is not required to establish the Federal Reserve. Only the unconditional support of civilians was needed. We had to move Parliament.

I smiled.

“We should also do a good job. Let’s play the role of a white knight.”

for institutions.

You will become the blue knight of death.

tick tock

Until the opening of the New York Stock Exchange.

2 hours left.

***

“Yes, customer. Our trust company will manage your assets safely. Yes, yes. There are products with high returns and products with low returns. What would you like to do with them?”

Monday 8:30.

Before the opening of the New York Stock Exchange.

trust company office.

Follow me.

Inside, the phone was ringing loudly, and office workers were holding up their phones and pulling customers with smiles.

squeaky.

The senior trader, Jack, leisurely held the phone on his shoulder and filled out notes with a fountain pen.

“Yes, customer. Products with low returns are safer, but have lower fees, and products with high returns are more risky… Ah. Haha. Yes Was it too clerical?”

I caught one today.

Jack smiled at the customer looking over the phone.

“I would recommend this product as a very safe and high-yield product. We do this well. It is better to leave it to the experts. Just trust me and follow me. Yes, yes. Thank you!”

click.

As soon as the customer’s ok sign was given, Jack immediately hung up the receiver and wrote the amount on a notepad.

crunchy crunchy.

100,000$

This novel was posted at https://readwn.com

One hundred thousand dollars.

You’re a giant.

Jack rummaged through his desk and pulled out papers about the sports he had chosen.

Last Saturday.

These were the stocks that took the lead while observing the surge in the New York Stock Exchange. Picking out the papers one by one, I selected tickers to invest in the New York Stock Exchange today.

Railway, steel, civil engineering, shipbuilding, machinery, industrial facilities, etc.

There were tickers to invest in.

“Since all the ants were swept away on Saturday, the only thing left to do today is to skyrocket… well.

crunchy crunchy.

Dense black letters gradually filled the memo paper. And picked up a phone number.

click.

“Yes, that’s Jack. Yes, yes. That’s not the same as getting a new investment. I want to maximize the leverage with this amount as collateral, but how far is it possible?”

This novel was posted at https://readwn.com

One hour to New York Stock Exchange.

If you think it opens at 9:30, 30 minutes is enough until you arrive, and you have to draw as much money as possible before that.

Large banks open their doors late with pride, but banks in the second financial sector are open 24 hours a day, so the amount to be leveraged can be easily pulled.

Jack frowned.

“Is only 10x the maximum? I’ve heard that 20x is possible. It’s 100,000 dollars. It’s 100,000 dollars. And that’s Jack. I can control about 20x. I know. Please take care of me.”

I opened the pocket watch.

40 minutes left.

When I thought of the distance to the New York Stock Exchange, my heart began to rush.

The higher the leverage, the higher the return.

“Do you do business once or twice? I must have repaid what I had been leveraged for so far. Yes, I will start ‘work’ again this time. There are only institutional investors in the market right now. It means putting money and eating money. Margin calls? If you’re afraid, what do you do with Wall Street?”

margin call.

A system in which the borrowed amount is forcibly liquidated unless additional collateral is paid when the stock price plummets.

If I made a mistake, I could lose all my capital and become a debtor, but that’s the position of small shrimp.

Institutional investors were the whales that could move the market.

Even if it fails, the customer’s money will be blown away, but don’t you know that much and invest in yourself?

As long as it’s in my hands, I control it.

I looked down at the pocket watch again.

“Yes, yes. I’m going to pick it up now.”

click.

Leverage 20x.

won

With the corners of his mouth rolled up, Jack picked up his jacket and walked towards the New York Stock Exchange with light steps.

widely. The pocket watch was closed.

“30 minutes until 9:30. Perfect.”

risk?

high If the leverage was wrong, the capital could go to the goal.

But those little things didn’t matter to Jack, a senior trader who rolled around on Wall Street.

Profitability is everything.

“How much do you want this bonus to come in?”

A hum came out.

If you can only bring a return, you can use any number.

***

New York Stock Exchange.

“Twitch.”

before opening.

The square in front of the New York Stock Exchange.

The atmosphere in Federal Hall was not very good. Individual investors were in a dilemma as they recalled last week’s panic cell and the last pillar of fire.

I couldn’t even see how the market would go today.

I bought the Wall Street Journal out of frustration.

“Give me a copy of the Wall Street Journal.”

“Three cents!”

with daughter.

I opened the newspaper that exchanged cents. However, I skimmed through the headlines and topics, but there were no noteworthy articles.

Calm before the storm.

Some felt that way, and some were anxiously biting their nails and could not get rid of the lingering regret of the pillar of fire.

“Is this an interview with a hedge fund?”

“Hedge fund? What page is it on?”

“Page 3. I wrote it in an inconspicuous place.”

Thirsty for information, they rushed to the giants and opened up three pages of newspaper.

[Hedge fund maintains ‘sell’ position.]

[Their interview, ‘We found a harbinger of crisis in the Saturday market. A wise investor should escape immediately.’]

[Panic cell is the starting point of panic. Hedge funds maintain a conservative position.]

-The Wall Street Journal (WSJ)

“Did a hedge fund ever tell you to get out like this?”

“No, I don’t remember it. He must have maintained a fairly conservative and neutral stance during various crises. It’s a bit strange, isn’t it?”

Individual investors were upset.

Hedge funds, which became famous for short-selling funds, rail funds, and bond funds, never ventured under the slogan of safe investment.

– First, don’t lose money.

– Second, don’t forget the first rule.

He insisted on safe investment to the extent that the maxim of safe investment was engraved as a slogan.

It is a fund that silently invested in safety while the beasts of Wall Street ran wild and pulled out high returns during the boom period. Occasionally, if he made up his mind, he would attack like fluoride more than anyone else, but there were very few cases like that.

“It sounds like you’ve liquidated all your hedge fund portfolios and turned them into cash. It seems that there are many customers who are canceling.”

“Wow. I don’t think hedge funds are bullshit.”

Individual investors on Wall Street most trusted hedge funds, but did not follow them.

To be honest, it was more savory to imitate Wall Street Beasts in terms of profitability.

Their investment method required patience and was tedious.

But such a hedge fund straight ‘run away!’ swears.

“Isn’t there something that tells us to give up neutrality and run away? It’s a risk we don’t know about in Japan.”

“Damn it. It’s a pity that we individual investors can’t send an informant to the Japanese archipelago.”

“Sometimes it appears in newspaper articles about the establishment of a factory in Japan…”

“It’s not accurate information.”

Absence of information.

They began to feel a sense of fear of the unknown. they don’t know

I’m afraid to invest because I don’t know.

But the hands are tickling. I want to invest.

“…for now, let’s watch the morning and go inside.”

“That would be better.”

I put newspaper on the side.

Individual investors waited for the opening of the New York Stock Exchange, swallowing the feeling of discomfort.

“The New York Stock Exchange is open.”

With a procrastinating atmosphere.

Individual investors sighed and entered the New York Stock Exchange slowly.

“Jerk the.”

Jack looked at it and laughed.

But he didn’t lose his smile.

Those ants were a valuable source of revenue for institutions on Wall Street.

You should treat me

Jack gestured to the guards with heavy briefcases.

“Dollars. Bring them with you. If you lose them, it’s not over.”

“Yes.”

Those dollars are copied today.

lips twitch

He was trying to break through and burst into laughter.

hold on tight

“We’re going in too.”

it’s already solid

He entered the New York Stock Exchange with the guards.

‘Tonight is a fine dining restaurant.’

and.

2nd floor railing. There were eyes looking at them from above.

“Jason.”

“uh.”

Jason and Carl, dressed in suits, gazed at the scenery of the New York Stock Exchange.

Frightened ants.

And institutions that ‘mistake’ them to train them.

“There were more passengers than us.”

Jason’s eyes rolled and his gaze turned to the side.

There, the gentlemen who had just visited the New York Stock Exchange empty-handed like themselves were looking down at the New York Stock Exchange in a roar.

Today Jason Carl Bank was a bystander.

It is the day of a huge hurricane. No matter what happens, don’t intervene. If they do it wrong, they too will be swept away.

And so did other special partners.

“They must be the directors of special partners. The faces are familiar. They are just people who are paranoid about investing in safety.”

“Carl, did they get that ‘letter’ too?”

“I will.”

Their eyes turned back to the New York Stock Exchange.

“It soars.”

representatives.

Representative stocks in each sector began to soar.

Great Northern Railway (some sections) +5%

Union Pacific Railroad (some sections) +5%

Tennessee Steel +2%

Bethlehem Steel +10%

Carnegie Steel +2%.

International Paper Company +5%

ASR (U.S. Largest Sugar Trust) +8%

Pacific Post +15%

General Electric +7%.

NAC (U.S. Largest Power Trust) +10%

Chicago Gas Company +4%

Qnard Shipping (Japan route) +7%

Whoops.

Institutions that have turned their eyes have set fire to the New York Stock Exchange from the very beginning.

– Whoa, whoa!

Suddenly, a scream of madness erupted from the trade room on the first floor.

A few unbearable individual investors began to rush in.

“Blessed are those who persevere.”

James 5:7-11.

Jason drew the Holy Cross inwardly and prayed for their well-being.

“Jason.”

Carl shook Jason.

Jason turned his head in the direction Carl was pointing his finger.

And then he opened his eyes.

Carl said in a deep, subdued voice.

“That’s the Detroit director.”

A corner of the New York Stock Exchange.

The Detroit director leaned against the railing and looked down on the New York Stock Exchange.

A large number of familiar giants were clustered next to him.

Great Northern Railway (some sections) +15%

Union Pacific Railroad (some sections) +9%

Tennessee Steel +10%

Bethlehem Steel +3%

Carnegie Steel +1%.

International Paper Company +7%

ASR (U.S. Largest Sugar Trust) +10%

Pacific Post +20%

General Electric +8%.

NAC (U.S. Largest Power Trust) +12%

Chicago Gas Company +8%

Qnard Shipping (Japan route) +12%

– Whoaah!!!!

1 hours.

And as the hour passed, the madness was burning in a pillar of fire, increasing madness.

Para la la lak-!

The stock price of the ticker was whirling and the stock price was rising endlessly, and the institutions riding in the madness were pouring out whole oil on the firewood and spitting out pillars of fire.

Railway, steel, civil engineering, shipbuilding, precision machinery, heavy industry, etc.

The ticker stocks began to fly in the sky.

“…..shit.”

sweaty hands

Why does blood get cheaper as the price rises? Why is a cold sweat flowing?

Jason wiped the cold sweat from his forehead with a handkerchief and opened his eyes as if he couldn’t see any more.

The appearance of moths running to hellfire stimulated primal fear.

-buying! buying! Hey broker, hey take a buy order! I can’t see the stock going up! It’s more expensive! this bastard!

– Buy 100 Great Northern shares. Hurry up! No, the institutions are taking all of our supplies! Isn’t this unequal?

-Come on, you ignorant bastards! Individual investors absorb everything they say to live on! hey!

The hot wind that blew from the first floor heated up his face.

This novel was posted at https://readwn.com

Oh, I can’t.

Jason buried his face in the railing.

“knife.”

“Why but.”

“…Isn’t that what I looked like last year?”

“Addition adds more. Not less.”

“Damn it. The way Boeing looked at me was somehow unusual. It was like a complete madman.”

“Now do you know? It’s even more shocking to see your conscience, expecting you to look like a normal person on the subject even after checking the water temperature of the East River.”

“f*ck…”

sold out

Jason clicked open the pocket watch.

“What time was the quarterly earnings release?”

“At noon.”

“You have 30 minutes left.”

Both eyes turned to one place.

Their whole attention was focused on where the Detroit director leaned against the railing.

“…!!!”

Jason rolled his eyes.

“Jason, why but.”

“Bar, just.”