Wall Street of the third generation chaebol

＜ The collapsing Krupp. (1) >

“German shipping companies waved the white flag.”

Veyron posted a report.

German shipping companies suffered a huge blow from an unexpected inspection by the Federal Prosecutor’s Office and the Commerce Department at New York Port not long ago.

They struggled to live.

“Tell me the exact name of the corporation that surrendered.”

“First of all, this is the Hamburg-America Line. Their largest shareholders, Berenberg Bank and Merck Bank, have announced their intention to join the German Settlement Bank.”

“Isn’t the Behrenberg family one of Hamburg’s greatest families? The harvest is pretty good.”

Hamburg is the gate of the North Sea.

Most of the banks located there had one foot in the shipping industry. Along with the North German Bank, the Berenberg Bank was one of the losers in the Hamburg financial world.

“From the German shipping company’s point of view, he must have felt a crisis of life when all three orders of business suspension, compulsory dissolution, and compulsory disposition were poured out.”

“If the shipping company goes bankrupt, the bank is in trouble.”

“I will.”

Shipping companies need to secure and transport as many ships as possible during peak season to maintain them. To that end, he spares no expense in investing in ships, but it’s not even a penny or two.

“Shipping companies have a remarkably high debt ratio.”

“The debt ratio of large shipping companies is low, but the basic size is so large that the amount of debt itself is insanely high.”

It’s a war on debt.

They will easily receive an order to disband. It is only necessary to dissolve the holding company of the collusion. However, the injunction order is different.

“The debt ratio, which has already risen due to the compulsory disposal order, seems to explode. When this happens, not only German shipping companies but also German banks will pass over.”

bankruptcy

If 90% of US steel were monopolized by distribution, the amount would be beyond imagination. The German shipping companies were trying to do that crazy thing.

“Besides, suspension of business? US export ships are one of the key sources of revenue for German shipping companies. Suspension of business? Absolutely not.”

Disappear to the point where the money comes out?

really messed up

Not only shipping companies, but also banks.

There was a reason why German shipping companies bubbled up in their mouths and ran to the Ministry of Commerce, waving white flags and giving their desperate grandeur.

“If you’re tied to a warranty, will you skip one after another?”

“Yeah, if it was an American shipping company, I would have acquired it at a very cheap price, but my opponent is a German shipping company. The shipping industry is a national key industry. The Berlin Palace will surely intervene.”

Anyway.

German shipping companies surrendered a hundred flags. Instead of reducing options, they came out to ask for anything.

If it doesn’t come out like this, these guys will perish.

“At present, large shipping companies, including Hamburg-American Line (HAPAG) and NDL, are surrendering their flags and awaiting orders from the Ministry of Commerce.”

“What’s the connection with Krupp?”

“It seems that the steel imports from the US were intended to be sold directly by the shipping company for German domestic consumption. There was no direct connection with Krupp.”

“okay….?”

I wiped my chin.

Perhaps Krupp lost all of America’s shipping network in this incident. Of course, the Federal Attorney, the Department of Commerce, and the White House stepped up and uprooted it.

All German shipping companies were sentenced to suspension of business and compulsory measures.

“Kroop won’t give up yet.”

“Well. The steel industry is too big for them to give up.”

“Perhaps Moltke is not directly involved in this business. He’s not a person who can roll his head like that.”

“Then who?”

“Well.”

There might be one shadow warrior.

“One thing is for sure, the person who planned this knows how important the steel industry is to Krupp, and is going to work hard for it.”

If Krupp’s steel division works.

From now on, they realized that they could not even receive steel supply without the permission of us as a monopoly steel company.

“Perhaps when the major German shipping companies are liberated by this incident, Krupp will demand low-cost imports from them again. I don’t know who Krupp’s adviser is, but that child is a really clever child.”

It is rather what we want for a large German shipping company to export steel to Germany at low prices. Isn’t it our goal to dump them into Germany in the first place?

Krupp was going to try one more time to monopolize the distribution by inserting himself.

This time from mainland Germany.

It’s fun. this.

Perhaps if only this child can be cut off, Krupp can also be sent to the abyss.

“You’re an evil rat.”

If I can bring it, I’ll bring it.

“Then, sir, how should we deal with Krupp?”

“Put direct contact to the Office of the Minister of Commerce.”

I smiled bitterly.

“Turn over the blacklist to the big German shipping companies.”

blacklist.

Corporations and individuals that large German shipping companies should not accept as customers. This is a behind-the-scenes transaction that bans all transactions related to Krupp.

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

Only large German shipping companies can maintain a maritime trade network with the United States, and they will cut it off.

“I end the only lifeline of the Krupp Steel Division.”

But my purpose is not to bring down the German steel industry. Thyssen is the center of the German Steel Alliance.

“Teach this to the large German shipping companies. Import iron ore in large quantities and deliver it to Thyssen Steel. Start dumping with Thyssen Steel.”

“Yes!”

Tighten in all directions.

Until Krupp can’t breathe.

“Oh.”

I forgot something important.

“Vyron.”

“Yes, sir.”

“Did you know that London’s Baltic Shipping Exchange?”

“Isn’t it the world’s largest international shipping exchange? Most of the shipping transactions take place here.”

“What about sea transportation?”

“I know that shipping is probably handled to some extent. Freight contracts are also one of the main tasks of the Baltic Shipping Exchange.”

Baltic Shipping Exchange.

Large shipping companies (shipping companies) and ship owners (ship owners) around the world gather to form a community that concludes deals related to shipping.

Most ship-related transactions take place here.

“Put up a blacklist in the name of US Steel on the Baltic Shipping Exchange.”

“Blacklist?”

“They are also a shipping ‘exchange’ that runs a community. Blacklist or so, they each have one.”

“It would be, but…”

“This is a blacklist required by the steel monopoly that monopolized 90% of the US. It will not be easy to refuse even the Baltic Shipping Exchange.”

Baltic Shipping Exchange.

These guys are one of the groups who know best that the shipping industry will be in its prime due to US Steel’s dumping business in the future.

US Steel and Nippon Steel.

A large amount of steel creates a large amount of shipping by sea.

The Baltic Shipping Exchange could not ignore the steel monsters that will dominate shipping in the Atlantic and Pacific in the future.

Moreover, since the early 20th century is a time when the leadership is transferred from the UK to the US, the Baltic Shipping Exchange is bound to feel a sense of pride.

If I pretend to be crazy and set up an international shipping exchange in the United States, holding on to shipping in the future.

The position of the Baltic Shipping Exchange will be greatly shaken.

They can never ignore me.

“Once the blacklist is delivered directly, not through the U.S. Department of Commerce. Intervening nationally and pressuring it is counterproductive.”

A kind of morality and manners.

For the Baltic Shipping Exchange of free trade, approaching as a company rather than a country would be a favorable point.

Because there is no reason to be hostile.

“And the blacklist is distributed to all the big shipping companies around the world. Qnard Shipping is close to us, so it will do a good job as a catcher.”

“Yes, but are there any legal entities to be blacklisted?”

“uh.”

I picked up the blacklist.

“The number one hitter is Krupp.”

I only love one guy at a time.

I’ll clench my fists and slap back until Krupp.

“As of this time, Krupp is unavailable for worldwide shipping.”

Lock.

First of all, completely block the road from the sea.

“Don’t fall down for fun already.”

***

“Damn it! Damn it! Damn it! How the hell did this happen!”

Wow!

The household items that Moltke threw flew into the air. As the windows were broken, the inside of the official residence began to become a mess.

“Why the hell was our Krupp’s trading network all deleted?”

Moltke’s Molgol has become very emaciated in recent days.

It is also true that he has been transferred to Krupp to fulfill his sacred duty under the orders of the Berlin Palace, but is it true that Krupp is shaken by low-cost competition when he takes over?

His limbs were cut off while he was sitting.

“What the hell did you mean I did wrong?”

“I… Brigadier General.”

“Shut up you!”

bang-!

“Aww!”

Kudang!

A large pointing stick was swung towards the lieutenant’s face with all power, and the lieutenant who had been beaten was scattered.

Blood spilled once.

puck! puck! puck! Kwajik! puck!

Moltke beat the lieutenant like a dog in trance. He ruffled his messy hair with mad eyes.

He looked down at the lieutenant with a disgusted expression.

“…to me, only such an incompetent child is given as a lieutenant.”

The sky doesn’t care.

Moltke clenched his fists tightly.

“Why the hell are you blocking my bright future? I didn’t do anything wrong, but the world can’t eat me, so I’m so anxious! How can I see His Majesty Kaiser!

Kwajik! Kwajik!

He threw the chair towards the lieutenant. The lieutenant now convulsed and flinched.

“Heh heh… heh heh…”

Moltke breathed heavily and called the lieutenant.

“aide.”

“Uhhh…”

“aide!!!”

“Yeah, yeah!!!”

The lieutenant raised his exhausted body to his feet. He stepped forward with his limp legs.

“Report.”

“Look… just…”

Kwajik-!

“Aww!”

“Report, you bastard! What kind of bastard is making me like this! With such a disgrace! For making Krupp into such a disgrace!!!”

He grabbed his arm and shook it.

The lieutenant waved in Moltke’s hand like a doll with a broken thread.

“If this goes to His Majesty Kaiser in the Berlin Palace, that’s the end of the day for me. I need to get it right… quickly.”

Moltke bit his nails in anxiety.

“Is there any talented… talented person? I need someone like that… to help me…”

Bump.

“Wow, that’s a big deal!”

At that moment, Krupp executives poured into Moltke’s office.

“The Commerce Department of the US federal government has announced a disposition against a large German shipping company! The German International Trade Association is said to have been overturned. Apparently… US Steel is believed to be behind all of this.”

“All the trading networks that Krupp has taken over have been deleted. All of the small and medium-sized shipping companies have been suspended, and the Berlin bankers are calling for a compulsory disposition…!”

“The movement of the Baltic Shipping Exchange is also strange. It seems that this was also done by the US Department of Commerce or US Steel!”

“Stop… Stop!!!”

Moltke was distracted by a flood of dizzying information. The executives held their breaths at the maddening eyes.

“Tell me only the core… Only the core…”

“Yes, yes.”

“Anyone is the master or follower. Who is the leader of the enemy?”

“Yes?”

“What is the name of the enemy captain who leads our Krupp’s enemies!!!”

“D, Detroit…”

At Moltke’s biting madness, the executives trembled like aspen trees.

“It’s Detroit Morgan!”

Moltke’s eyes widened.

Veins appeared in his eyes, and the veins burst, and blood began to form.

slurp.

“Detroit….?”

Moltke’s eyes began to turn. blood rushes to the head My eyes began to blur.

“Detroit….Detroit…this…this…!”

Madness glistened in his blood-stained eyes.

The back of the neck was momentarily tightened.

“Uhhh!”

Woodang Tang.

Moltke, unable to overcome his anger, grabbed the back of his neck and fainted.

“President!!!”

***

“Did you say you’re stuck?”

Berlin.

Headquarters of the German Steel Association (VDEStl).

Northeast Branch Board of Directors.

Steel industry directors from the Ruhr region gathered in one place. To the extent that the Junker planted in the Berlin Palace dominates Krupp, the board meeting of the Northeast Branch of the German Steel Association was held in Berlin.

But Moltke was absent.

He stayed in his residence and did not come out.

The lieutenant sighed.

“You seem to have a big shock.”

“No, are you okay with that? Your face has turned into a rag!”

“I received some ‘corporal punishment’ for my failure.”

punishment.

Silence fell on the board at those words. they all knew That there is no better talent than the deputy, who runs everywhere to save the current German Steel Association and Krupp.

This operation was perfect.

However, the opponent was too huge a monster.

The American Steel Company, which has a monopoly of 90%, and the White House, the Federal Prosecutor’s Office, and the Commerce Department joined hands and attacked.

There was no way I could stop it.

No one can predict this in the first place.

“Don’t you know that the German International Trade Association is also venting their anger at the German Steel Association for nothing because the damage they’ve suffered right now is so great. Don’t be too gloomy.”

“sorry.”

“Write. Don’t apologize. We need talented people like you right now. Irresponsible like Moltke… Bigger. Rather than someone a little far from the bandwagon.”

Moltke is still the Prussian Junker.

He wasn’t the kind of person to gossip about. I was afraid of the aftermath.

“But right now, there are a lot of problems that are piling up! There are a lot of reminders from the Berlin bank. They don’t care about us! What did Brigadier Moltke say about this?”

Just if there is a problem.

The Northeast Branch of the German Iron and Steel Association was headed by Krupp, and the final decision maker became Moltke due to nationalization.

The final approval must be received by Moltke.

The lieutenant sighed.

Moltke’s message was delivered in a trembling voice.

“…The state-owned company is under the protection of the Berlin Palace, so you don’t dare collect it from a bank.”

“What?”

The German Steel Association’s board of directors doubted what they had just heard.

An appalling silence descended.

bang-!

“What nonsense is that! What kind of flowerbed is it that the Berlin Bank won’t be duped just because it’s a state-owned company! Brigadier Moltke doesn’t want to see reality!”

“Let’s assume that Krupp, which has been nationalized by making a hundred concessions, might be! Then what about us?”

Silence descended.

With the exception of Krupp, the state-owned state-owned company, all were private steel companies.

“What are we going to do!!!!”

bang-!

“We have trusted Krupp and followed only you! But is that trust Tosagupin? Are you kidding me?”

“Look. The lieutenant doesn’t work hard. Brigadier Moltke is bad.”

“Didn’t that person live here now! This is Krupp’s betrayal of the German steel industry! Only then will anyone trust Krupp! I can’t believe it, even if I hear it with my own ears!”

The directors of the Steel Association blushed and the road ran wild. They have trusted and followed Krupp until now, but the answer that came to them is that you do it yourself.

Is there any reason for Krupp to lead the German Steel Association?

But there were more problems.

“Everyone. Now, that’s not the only problem. The German International Trade Association gave us a secret letter to the German Steel Association. But…”

gulp.

swallowed up patience

“It is said that German steel companies are on the blacklist on the Baltic Shipping Exchange. In particular, Krupp is at the top of the blacklist, so it is said that they will not be able to set foot on the Baltic Shipping Exchange in the future.”

“Blacklist?”

The lieutenant was stunned.

What do you mean Krupp is at the top of the blacklist?

“Now, wait a minute. What kind of blacklist is it? What are you kidding me that the Baltic Shipping Exchange is blocked? That’s where shipping all over the world takes place, isn’t it?”

“in short.”

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

One director answered bluntly.

“For the time being, Krupp seems to be unable to use sea transport. Now, Krupp has only land transport left.”

The lieutenant’s pupils shook.

But no one on the board sympathized with Krupp. I’ve just suffered a Tosagupin, who will sympathize with Krupp? Conversely, there were also those who made an expression of accusation.

But soon they realized their situation.

“Look, lieutenant. Aren’t you the one who came up with this plan?”

“Yes?”

“Because of these plans that you devised, we are all entangled and killed. No! The Baltic Shipping Exchange bans shipping! If the US monopoly steel company dumps it into dumping! The only future I can see is a future where all German steel companies will starve to death, but that’s all. Not because of your plans!”

“……no.”

“Take responsibility!”

The lieutenant was stunned.

What nonsense these kids are now.

Clearly, it was he who devised the plan. Moltke had no choice but to take care of Krupp’s business by Gouni himself.

However, the operation was unanimously approved and drafted by all of the German Steel Association.

‘Are you going to come and cut off the tail now?’

The lieutenant trembled with a sense of betrayal.

Following Moltke’s betrayal as a chipmaker, the German Steel Association was trying to immerse him in the back of his head, putting the blame on him.

“Didn’t you all agree?”

“How do we ignore the vice-captain of Brigadier General Moltke? It was all coercion. Come to think of it, aren’t you one of Moltke’s minions? We must have been betrayed!”

“Ha! No, what now…”

“I’m sorry, but you have to put the blame on everyone. We can’t trust Krupp anymore. We formed an association and passed the final decision on to Brigadier General Moltke, but it can’t be like this.”

A harsh atmosphere.

The directors of the German Steel Association began to stare at the lieutenant with resentful expressions.

“We will resign.”

“Yes?!”

“I’m leaving the German Steel Association. I can’t be with you anymore. Actually, aren’t you a young man who is just starting out in society? Is there any reason why we should follow your inexperienced words? Besides, we’re not in the steel industry, we’re not soldiers. I believe. No more.”

German Steel Association.

The members shook their heads one by one and began to stand up from their seats. The steel companies deeply entangled with Krupp couldn’t stand their buttocks, but instead drew veins in their eyes and stared at them.

“this person….!”

The lieutenant trembled with a sense of betrayal.

Having endured all kinds of hardship, insults, and corporal punishment from Moltke, and trying to somehow coexist with the German Steel Association and Krupp, he became an idiot.

What was the good thing about these little guys that he was burning himself?

I will hold you accountable

This was a claim for damages, and whatever it was, it was a declaration that he would put the entire responsibility on himself in a German court.

It meant that the punishment of the Berlin Palace would fall only on myself, and that I would be freed from responsibility with one sacrifice.

If only I put them in, they can survive.

He was in the illusion that the United States, Detroit, and the Berlin Palace would forgive him.

Because of that illusion, he is abandoned.

bang-!

The door to the board room of the German Steel Association was slammed shut.

“You bastards!!!”

The lieutenant’s roar resounded.

“Hmm. Is that Krupp’s Shadow Warrior that Detroit Morgan spoke of?”

Corner of the Northeast Board of the German Steel Association.

Chairman Thyssen was watching this scene from the corner with a gentle smile on his face.

“Well, okay. First, Krupp’s garden as planned. The German Steel Association has been split up. For now, I’m satisfied with this.”

Krupp-affiliated steel companies broke the collusion and began to split. Now, the only association or group they would go to was the German Steel Alliance.

Except for the German Steel Association, the largest steel union was here.

A little creepy though.

It was all just as Detroit Morgan said.

“Chairman, it seems that iron ore has arrived in Hamburg in large quantities.”

“The timing is amazing.”

haha.

At the same time, the materials for dumping were also gathered.

Chairman Thyssen let out a small laugh as if happily.

“What should I do?”

“Go back to Thyssen now and tell the management. From now on, turn the mill full-time and dump the dump.”

It is the beginning of the real festival of destruction.

And taking advantage of this golden opportunity, Thyssen rises to the top as a German monopoly steel company.

Steel Alliance (VST).

It started to kick in in earnest.

“Sweep it all away, eat it all.”

The era of Krupp is now over.

“We’re just getting started.”

＜ The collapsing Krupp. (1) > end