Wall Street of the third generation chaebol

＜ Preparation for victory. (3) >

“It’s the first time I’ve seen you since the Waldorf-Astoria pact.”

Lehman Brothers.

I stopped by because I had business to do with a large investment bank on Wall Street.

Chairman of Lehman Brothers.

Emmanuel Lehman sat down on an old-fashioned sofa, sipping coffee.

“Sit down.”

As was the case with the last Waldorf-Astoria agreement, the Jewish people in the investment banking community were showing some favors to me.

That’s right, investment banks are trying to make connections with the commercial banks cartel of WASPs.

Now I need them too.

“Yes, I have a small investment this time. Lehman Brothers is also here to suggest what it would be like to join us.”

“Hey. Is it a small investment?”

Emmanuel Lehman pulled his upper body in interest.

“Let me recite it.”

“Before that, this conversation is confidential from our company. We would appreciate it if you could fill out the confidentiality agreement first.”

“Haha, did you even bring the oath of confidentiality? You are making old people sad.”

crunchy crunchy-

Emmanuel Lehman gladly signed the oath of confidentiality.

“Come on, I signed it.”

“Spain will be disbanded soon.”

“….!!!!”

Emmanuel Lehman’s eyes widened.

I added an extra explanation.

“To be precise, I have to say that Spain is on the verge of disintegration, and if it loses this war in the US, the country is in danger of being divided. How much do you know about the situation in Spain?”

“As far as I know. How realistic your words are. But there is a regent, Maria Cristina, who strikes a balance.”

“The regent Maria Cristina recently passed away from heart disease.”

“her.”

Emmanuel Lehman’s hand stopped while he was drinking coffee. He put down his coffee cup slowly.

“Evidence?”

“This is a letter from Rothschild to me. It even includes the signature of President Leopold Rothschild.”

Emmanuel Lehman picked up the letterhead and scanned the contents carefully. At first, it was a series of four phrases, but Lehman shed a voice.

“Hey, didn’t you say it’s a small thing? It’s not small at all.”

“haha.”

“So what are you going to do with Spain falling apart?”

Emmanuel Lehman handed me the envelope and asked. His upper body leaned further forward, and his gaze was increasingly focused on me.

‘I asked.’

I smiled inwardly.

Yeah, I thought Lehman would be interested in this edition.

I packed the envelope into my pocket.

“It’s an exchange game.”

“Exchange? Are you thinking of tempering the Apeso?”

“Yes, Spain is a country that is in ruins and does not even have gold convertibility, isn’t it? Moreover, Spain’s central bank is now privately owned. They also have mint rights, so if a civil war breaks out, the situation will be obvious.”

“There is no gold convertible system to prevent the reckless minting of money. Unbridled civil war forces will frantically print money to raise money. If so…”

Emmanuel Lehman’s expression grew serious.

I followed him.

“Yes, the peso will be hyperinflated.”

“haha.”

rattle-

Lehman picked up his coffee and got up from the sofa and walked to the window.

Lehman muttered as he looked out the window at Wall Street.

“Are we going to short-sell the peso?”

“Before short selling, first make a currency swap contract with the pesos owned by Lehman Brothers. These are currencies that will all become garbage in the future.”

“So is it.”

Lehman looked out the window quietly.

He seemed to be running a sophisticated calculator in his head.

“If you want to short sell, you have to have people who want to buy the quantity you want to sell. But ordinary people can’t speculate. Am I right?”

“Yes, ordinary investors can speculate, but we cannot handle all of our stock.”

“If that happens, we will have to short-sell the peso to other banks. The best is East Asia, where the news from Spain will be delivered last.”

Lehman murmured.

“In East Asia, the Qing Dynasty, the Japanese Empire, and the Imperial Russia will become three countries. Does that mean you want me to be the vanguard of one of these?”

Also. count is fast

“Yes.”

“Tell me your plan. I’m curious, I’m going crazy.”

“I hope you don’t feel bad about it.”

“Haha, it doesn’t matter. Aren’t Wall Street investors the only races to swim in the dung bin if only Lee Moon remains? Take it easy and let it go.”

Three countries in East Asia.

A total of three spearheads were prepared to pierce these large banks.

“First of all, we plan to entrust the large banks of imperial Russia to Kunlop.”

“haha. After all, the biggest food is taken by those friends. After all, they are the only investment banks that can handle the imperial Russia. Behind them are the Rothschilds.”

“Yes, and the Japanese Empire will be left to Goldman Sachs.”

“Then Lehman Brothers is Qing.”

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

Of course, it’s not a monopoly.

It’s just that Lehman Brothers is going into the vanguard.

Probably soon Wall Street banks will all pick up spoons and run like dogs.

He first asked the three investment banks who wanted to take the lead.

“For reference, our Detroit Investment Bank plans to issue bonds in Qing in the future.”

“Haha, it even sucks the bone marrow…”

bond.

For a moment, Lehman understood the true meaning of my words and opened his eyes.

“…Then does that mean that we will also publish a CDO?”

“Yes.”

“Aren’t CDOs going to be swept away from the Detroit Investment Bank?”

“Yes. In Qing, Detroit Investment Bank will exclusively issue bonds. The CDO will issue itself. By the way, there are various business areas in Qing.”

I clasped my fingers.

“And we have an event that will shake up Qing soon.”

Vulture Fund.

Few places have more hammocks for a financier than a dying country. It will sweep away all that is left behind.

“Khahahaha!!! I’m really looking forward to it. I don’t know what event you’re talking about, but it seems like there’s information coming from you. I believe.”

Emmanuel Lehman nodded contentedly and sat down on the roadside sofa.

“You are a very kind person too. For some reason, he is very talented at making money without taking a break every time. I think we’re crazy about dollars more than our Jews.”

“haha…..”

Maybe it’s Jewish?

It was not something I wanted to hear from the hostile forces, the Nabal, and the races who sold their souls to make money.

How many things have I seen in the 21st century?

“It’s an honor.”

“I see you swearing inside.”

Emmanuel Lehman grinned.

I had coffee.

“I have a favor for you.”

“Yeah, if something comes, something goes. Let me tell you what you want.”

“Do you know the Bath Shipyard and Union Shipyard?”

“Oh, I know. Surely Bass was a shipyard in Maine and Union was in San Francisco?”

Lehman nodded as if he knew.

“Federal Steel and the Newport News Shipyard. And Bethlehem Steel.”

“It’s also good news.”

“I can’t know. Since the last Waldorf-Astoria agreement, the eyes of Jewish investment banks have been focused on you.”

“I was prepared for that. In the first place, I have no intention of being hostile to the Jewish people.”

The smell of money is amazing.

Unless they were hostile to me first, I had no intention of being hostile to me first.

“What can I do?”

“We are going to acquire them from Bethlehem Steel soon. We are going to intervene at Federal Steel.”

“Aha. I’m going to bid for the Bass and Union Shipyards.”

“Yes, I want you to make a seat for me.”

“About the bass and the Union owner family?”

“Yes.”

Squeaky GoStop.

We will take this opportunity to raise the equity value of Bass Shipyard and Union Shipyard.

“Maybe there will be some pretty interesting things going on.”

***

Waldorf-Astoria’s back room (Den).

‘…They made it quickly.’

I looked around the back room with a large round table in the middle of the room.

Mervyn of Union Shipyard.

Edward of the Bath Shipyard.

It had been a while since I asked for the arrangement, and the two shipyards’ presidents were present at the round table. With Lehman Brothers’ skillfulness, the arrangement was made like a bean stew in lightning, but there was no particular problem.

‘Well, the sooner the better.’

I wanted to meet him once before Roosevelt’s law was passed, and it was just the right time.

I took my seat.

“My name is Detroit Morgan.”

Silence fell in the back room.

At the round table, Emmanuel Lehman was sitting next to me, smoking a cigar, and the two presidents were sitting opposite it.

“My name is Melvin of Union Shipyard.”

“My name is Edward of the Bath Shipyard.”

“Yes, today is no different, but we also wanted to join Federal Steel in the merger and acquisition of Bethlehem Steel, so we made some space.”

“huh. Bethlehem Steel?”

Melvin rubbed his ears as if he had heard something dirty.

“Those bastards who try to eat up the Union Shipyard at such a low price, just the name of it makes me angry.”

“Oh, you mean at a bargain price?”

After all, it would be a burden to eat two shipyards in Bethlehem Steel’s cash flow. I guess you were trying to slap me as much as possible.

“There was no other way because we were pressured with intimidation rather than intimidation with the navy’s military service. There was nothing I could say other than clenching my teeth.”

‘Well then.’

This is a method often used by large corporations.

A method of swallowing small and medium-sized enterprises at a low price through the threat of cutting off their business partners.

‘It’s clumsy, but you can save money.’

You don’t have to work so hard to destroy a company, and if you cut off a business partner, it will die on its own.

In fact, you can just dry it to death.

There are times when it really is.

However, in order to reach a clear agreement, it is usually normal to press the opponent with threats.

‘Thanks to you, I have a corner to dig into.’

I implicitly brought out words that could arouse their injustice.

“You’re using a stupid method.”

“That’s what I mean!!! It’s a company that my predecessors worked so hard to build, won’t you get mad at me for taking over it at a low price?!”

Melvin and Edward reacted easily to even the smallest fuse, as expected. The more excited they are, the more favorable the situation will be for me.

“Of course I am angry. Valuable companies deserve the same treatment. Union Shipyard and Bath Shipyard are companies with great value.”

“At least you speak a little.”

“So I would like to make a suggestion to you.”

“proposal?”

Melvin and Edward focused on me.

“This is a way to raise the equity value to twice the corporate value. No, maybe even three or even four times.”

“Four times…?!!”

Melvin was at a loss for words.

“Is that possible?”

“The notary and the underwriter will stand on the side of Lehman Brothers.”

I raised the corners of my lips.

“First of all, can you lend me 5% of the stock? Now let me tell you the plan.”

casting boat.

It was the moment when I had the final decision maker in my hands.

***

[Federal Steel announces a public offering on the over-the-counter stock market. The target is Bath Shipyard, Union Shipyard.]

[Federal Steel and Bethlehem Steel, which declared an IPO at a premium of 1.5 times the market price, face-to-face before the takeover.]

[Federal Steel, ‘Already seized 5% of the stock. We will gradually increase our stake.’]

-The Wall Street Journal (WSJ)

Bethlehem Steel, Wall Street Office.

Qwajik-

Wharton crumpled the newspaper with both hands. They tried to swallow the shipyard as quickly and cheaply as possible, but Federal Steel intervened.

“sorry. President. That didn’t stop Assistant Secretary of the Navy Allen from driving all the warships to the Newport News shipyard.”

simplicity and honesty-

President Wharton threw the crumpled newspaper into the trash can with both hands.

“It doesn’t matter. We have the means to pressure the Newport News shipyard, so even if they take over the shipyard, don’t we have the means to stop their construction?”

“It’s Whitworth and Vickers.”

“Yeah, no matter how much Federal Steel is owned by hedge fund Detroit Morgan, you can’t build a warship without a main gun.”

I had confidence.

The Naval Ordnance Bureau was a family with Bethlehem Steel from the beginning. In addition, Whitworth and Vickers, who are British warship trusts, are also part of the family.

Since it was forming a naval cartel together with the Naval Ordnance Bureau, there was no entrance to the Newport News Shipyard in the first place.

“What do you do if Assistant Secretary of the Navy Alan pushes them over? The main guns and equipment for their battleships must be procured from our cartel.”

Federal Steel and Newport News Shipyard are currently in litigation. When the Newport News shipyard went bankrupt, all orders for ships were canceled, and a penalty lawsuit began.

‘Besides, he’s fighting a lawsuit with a patent company who doesn’t know where it came from.’

So while they were preoccupied with the lawsuit, they were going to press down on Union and the Bath shipyards and quickly swallow them up, but Federal Steel intervened.

“Is their case over? I heard that it was a huge sum of between $50 million and $100 million in total.”

“The appeal is still pending. They said they failed to reach an agreement. It will probably go all the way to the Supreme Court.”

“But how?”

If it’s a $100 million lawsuit, it’s normal if it’s not enough to just hang on it. The moment I had to spit out all that $100 million, the Newport News shipyard as well as Federal Steel went bankrupt.

No matter how much money a hedge fund has, it is ultimately the fund’s money.

It cannot be used recklessly.

“It seems to be quite overkill. If you look at buying a shipyard at a 1.5x premium, you must be thinking of merging the shipyard and increasing its size to compete with Bethlehem Steel with economies of scale.”

“Well…..”

Wharton let out a sigh.

But the secretary was right. No matter how anyone looked at it, it seemed that the current Federal Steel was nothing but overkill.

It’s a public offering.

It’s a way of running top tier among all the money, but now they say they’re going to handle it.

“Still, if it’s 5%, we still have plenty of room…”

“But, Chairman. The amount they secured is said to be the shares of Chairman Melvin and Chairman Edward.”

“What?!”

Wharton rolled her eyes.

He jumped up from his seat.

“Why do I have to say that now!!!”

It is the share of the majority shareholder.

In addition, Chairman Edward and Chairman Melvin are the actual owner families with more than half of the stake in the shipyard.

The fact that they gave 5% of the stock means that there is a possibility that it is an advance payment.

They even put pressure on them instead of premium, so they’ll be even more attracted to them.

slurp-

A cold sweat ran down Wharton’s forehead.

‘It may be really stolen.’

No.

You can never do that.

Even though it was a Bethlehem steel package, it couldn’t be killed by a new rolling stone.

‘no. It will never be taken away.’

He clenched his fists, drenched in sweat.

They had to somehow bring the two shipyards into the arms of Bethlehem Steel.

“secretary!!!!”

“yes!”

His eyes were bloodshot.

“We also hit the public offering on the front page of the newspaper!!! Double the premium!!! It’s an all-out war!!!!”

Wharton’s roar erupted.

So the wallet of Bethlehem Steel was opened.

＜ Preparation for victory. (3) > end