Romanian Eagle

Chapter Five Hundred and Twenty Seven One thousand nine hundred and twenty-nine

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 firms large and small.

Some of these large and small securities companies have thousands of employees and operate financial activities around the world. As for the small ones, there are only two or three kittens, trying to trick them into investing money in the prosperous stock market from the hands of those housewives.

The Alpha Securities Company on Fifth Avenue is neither big nor 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.

At present, the stock market on Wall Street is extremely prosperous. Workers, housewives, small traders, and even beggars are talking about stocks. Regardless of whether these people know or not, they talk about stocks in a straightforward manner. In the eyes of the public, the current stock market is really hot, and newspapers are reporting every day that anyone who enters the market with a few hundred yuan has made tens of thousands of dollars in less than three months. And those stock experts, government officials, and even the new White House owner are talking about how good the stock market is. This makes everyone believe they can make a fortune out of it too (so who loses money?).

In such a hot stock trading, various securities companies also made quite good profits. As one of them, Alpha Securities Co. naturally made a lot of money. The company has grown from 500 million assets just established to the current scale of more than 900 million. In this, Liedesmann, as company president, made a decisive contribution.

But today in Alpha Securities, the scene was silent. It's not that no one is there, on the contrary, there are more than a dozen middle- and upper-level managers of the company. The reason is that President Liedesman has just announced a decision. The company's next step is to gradually clear out the stocks and marketable securities it holds, and then transfer the assets to Romania.

That's right, the company's only shareholder is the Romanian government, and all of its assets are made up of the $500 million Eder withheld from the issuance of government bonds. As for President Liedesman and the middle and upper levels of the company, they are also composed of financial elites selected by the government.

So an order from Bucharest, they couldn't refuse. But although they can't refuse, it doesn't mean they can't express their opinions.

"What the company should see in the development of the government 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. It's like picking up money with your eyes closed. Can you send a newspaper to the government and let them know that we will finish this business before leaving."

"You guys are all right. I just finished talking with Chase Bank about the bond issue yesterday, and now I have an order and I don't know how to explain it."

The words of the people present only have one focus.

That is to hope that the government will consider it before making a decision. Originally, shortly after Christmas, I was stunned by the first order in 1929.

The gossip of everyone caused Liedesman to feel agitated, and this time Bucharest's order also made him very uncomfortable. The sky is high and the emperor is far away. Although on Wall Street, it is impossible to have wind and rain, but he is still a character. Many billionaires need peace and harmony when they see themselves. This made him feel dark in Romania, who could only listen to other people's instructions in the Ministry of Finance. Liedesman wanted to wait for him to make enough good results to allow him to run the bond company for a long time. Now all orders have been lost. .

So when I heard the subordinates gossip and talk about it, a burst of anger came to my heart.

"Snapped"

The sound of a heavy slap on the table interrupted everyone's conversation, and Liedesman looked at everyone with fiery eyes. "Have you had enough trouble? Do you know the seriousness of this order? You thought you were going to the market to buy vegetables, and you could still bargain. Since the government has made a decision, we can only implement it. Have you been in New York for a long time? , forgot what we were doing."

Liedesman's words are not only for everyone to hear, but also for himself. He knew that even he was lost in the drunken traffic lights of New York, and these subordinates were no exception.

As far as he knows, there are people who have several lovers in New York, and fall into the gentle village every day after get off work. In this regard, Liedesman turns a blind eye as long as they do not affect the interests of the company and do not do things that are harmful to the company. Moreover, these people are composed of people sent by multiple government departments. Although they are in charge of the company's work, they have no control over the private lives of others.

In his opinion, these people are reluctant to live in the flashy life of this city, so they are a little dissatisfied with returning to Bucharest. Because he also has such a mentality, so he needs to beat them first. The government's decision, they have no right to interfere or even have the qualifications to inquire, they can only implement it.

After being scolded by Liedesman, everyone present recovered, and they all knew that their previous attitude was wrong. Fortunately, they are the only people here. If it is known that they are dissatisfied with the government's decision, then don't expect promotions or anything. Maybe they won't be able to keep their original positions. After all, they are just working for the government. It's just that the government uses their hands to help it make money in New York.

"Okay, cheer up. I believe that the government should be satisfied with our work. At least you should be able to upgrade your level after returning to Bucharest. No matter how good New York is, it is not our home, only in Romania. the taste of."

Liedesman's few words of encouragement lifted everyone's mood. That's right, since you are destined to go back, you still need to think about what to do after you go back.

"Let me start by saying that you should gradually reduce the business in your hands. If other securities companies are interested, you can sell them to them. Then the shares held by the company will also be gradually reduced within three months. The same is true for marketable bonds. This task is not easy, and everyone needs to work together to complete this task.”

Liedesman is right, there are too many stocks and marketable securities on hand, and the reduction of holdings is also a technical task. It is impossible to reduce holdings all the time, because this is likely to cause the share price of the company in which the holding stock is held to fall. Instead, you have to sell and buy, sell more and buy less, in order to ensure that your profits from holding stocks will not decrease.

Everyone present knows this truth, which is why the government gave him three or four months.

So next, Alpha Securities began to gradually spit out the stocks it held. At any other time, the company's actions to clean up its holdings would likely attract the attention of others. But in 1929, when the stock market was frenzied, their actions were covered up.

Stocks worth millions of dollars are sold every day and are immediately absorbed by the surging buying, like a wave in the tide.

Of course, this also has a lot to do with the scale of the stock released. If tens of millions of dollars are released every day, it is difficult not to be noticed.

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