New York in the United States is still so prosperous with the arrival of the new year. On the island of Manhattan, the core of New York, there are hundreds of securities companies, large and small.
Some of these large and small securities companies are huge, with thousands of employees, and are engaged in financial activities all over the world. The smaller ones only have two or three kittens, trying to trick housewives into investing.
money to the prosperous stock market.
Alpha Securities Company, located on Fifth Avenue, is neither too big nor too small, but it is not too conspicuous. This Alpha Securities Company is a newly established securities company in recent years, mainly engaged in the business of stock trading.
The current stock market on Wall Street is extremely prosperous. Workers, housewives, small traders, and even beggars are all talking about stocks. Whether these people understand it or not, they talk about stocks in a clear and logical way. In the eyes of the public, the current stock market is
It’s really hot. Newspapers are reporting every day that someone entered the market for a few hundred dollars and made tens of thousands of dollars in less than three months. And stock experts, government officials and even the new occupant of the White House are all talking about the stock market.
Great. This makes everyone believe that they can make a fortune from it (so who loses money?).
In such a hot stock trading, various securities companies have also made quite good profits. As one of them, Alpha Securities has naturally made a lot of money. The company has grown from 500 million in assets when it was just established to more than 900 million now.
Scale. In this, Liedesmann, as the company’s president, made a decisive contribution.
Today, the scene inside Alpha Securities Company was completely silent. It was not that there was no one there, but on the contrary, there were more than a dozen middle- and upper-level executives of the company. The reason was that President Liddesman had just announced a decision. The company would next hold
The stocks and securities were gradually liquidated, and then the assets were transferred to Romania.
Yes, the only shareholder of this company is the Romanian government, and all its assets are composed of the US$500 million that Edel intercepted from the issuance of government bonds. As for the president Liedesmann and the company's middle and upper management, they were also selected by the government.
Constructed by the financial elite.
Therefore, they could not refuse the order from Bucharest. However, although they could not refuse, it did not mean that they could not express their opinions.
"The government should have seen the development of the company in the past two years. Why did it announce its withdrawal from the United States at this time?"
"Yeah, look at the current stock market conditions. It's like picking up money with your eyes closed. Can you send a report to the government and let them know, we will finish this business before leaving."
"You guys are okay. I just finished discussing the bond issuance with Chase Bank yesterday. Now that the order is issued, I don't know how to explain it."
Everyone present had only one focus, and that was to hope that the government would consider it before making a decision. Not long after Christmas, they were stunned by the first order of 1929.
Everyone's chatter caused Liedesman to feel irritable. This time, Bucharest's order also made him feel uncomfortable. The sky is high and the emperor is far away. Although you can't have the wind or the rain on Wall Street, you can still count yourself.
A character that many billionaires need to be kind to. This made him secretly happy when he could only listen to instructions from others in the Ministry of Finance in Romania. Liedesman still wanted to wait until he could make something good enough.
His achievements have allowed him to run this bond company for a long time, but now all his orders have been ruined.
So when I heard the subordinates talking about each other, I felt a surge of anger in my heart.
"Snapped"
A heavy slam on the table interrupted everyone's conversation, and Liedesman looked at everyone with blazing eyes. "Have you made enough trouble? Do you know the seriousness of this order? You thought you were going to the vegetable market to buy something?"
You can also bargain for food. Since the government has decided, we can only implement it. Maybe we have been in New York for a long time and have forgotten what we do."
Liedesmann said this not only for everyone to listen to, but also for himself. He knew that even he was lost in the drunken red light scenery of New York, and these subordinates were no exception.
As far as he knew, there were people in New York who had several lovers and fell into love every day after get off work. Liedesman turned a blind eye to this as long as they did not affect the company's interests and did not do anything harmful to the company. Moreover, these people are composed of people sent from multiple government departments. Although they are responsible for the company's work, they cannot control other people's private lives.
In his opinion, these people were reluctant to part with the glitzy life in this city, so they were a little dissatisfied with returning to Bucharest. Because he also had this mentality, he needed to beat them up first. They had no right to interfere with the government's decision even if they asked questions.
There are no qualifications, so I can only execute.
After being scolded by Liedesman, everyone present also recovered and knew that their previous attitude was wrong. Fortunately, they were the only ones here. If it was known that they were dissatisfied with the government's decision, then don't expect promotion or anything like that.
Unfortunately, they can't even keep their original jobs. In the final analysis, they are just working for the government. It's just that the government uses their hands to help them make money in New York.
"Okay, cheer up. I believe the government should be satisfied with our work. At least after you return to Bucharest, you should not have much problem in upgrading. No matter how good New York is, it is not our home. We only have home in Romania.
the taste of."
Liedesmann's few words of encouragement lifted everyone's mood. That's right. Since you are destined to go back, you should think about what you will do after you go back.
"Let me start by saying that you need to gradually reduce the business you are holding. If other securities companies are interested, you can sell it to them. Then the stocks held by the company will be gradually reduced within three months.
The same is true for marketable bonds. This task is not easy, and everyone needs to work hard to complete this task together."
Liedesman is right. He has too many stocks and securities on hand, and reducing holdings is also a technical job. It is impossible to reduce holdings all the time, because this is likely to cause the stock price of the company he holds stocks to fall. Instead, it is necessary to reduce holdings.
Only by selling once and buying, selling more and buying less, can you ensure that your profits from holding stocks will not be reduced.
Everyone present knows this truth, which is why the government gave it three or four months.
So then Alpha Securities Company began to gradually sell out the stocks it held. If it were any other time, the company's actions to clean up the stocks in its hands were likely to attract the attention of others. But in 1929, when the stock market was crazy, then their
The action was covered up.
Stocks worth millions of dollars are sold every day and are immediately absorbed by the surging buying orders, as inconspicuous as a wave in the tide.
Of course, this also has a lot to do with the scale of the stock release. If tens of millions of dollars are released every day, it will be difficult to avoid attracting attention.