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Volume 1 New York Story Chapter 48 Digging for another pot of gold and getting a big one

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    Update time: 2012-06-24

    Wang Geng thought about it alone in the office, took out a piece of paper and started writing. Anyway, the Pfizer matter has been arranged. When Anderson and the others complete the two plans of militarized management and new factory location, he will give James Ko  Let me tell you, there is no need to rush into this matter. Before the safe and firewall are installed, there is no rush to hand over the new citric acid technology.

    The matter of Pfizer's bond issuance was also directly handed over to Vivian, and the Pfizer board of directors was asked to cooperate with the media in releasing the news. The news media would definitely crowd out Pfizer's head, just in time to build momentum for the new citric acid process.

    "When 15 million corporate bonds are issued and Manhattan Industrial Bank's liquidity reaches 37 million US dollars, Russian bonds should be almost worthless by this time, right?"  When did Tsar Nicholas II step down?

    Wang Geng frowned and searched deep in his memory. It seemed that in early or mid-March, Russia's February Revolution (February in the Russian calendar) was about to break out. The Czar's suppression failed, and Petrograd was occupied by the rebels.  , and then Nicholas II tried to mobilize troops from the front to recapture the capital, but the army defected again.

    In the end, the Tsar had no choice but to abdicate and pass the throne to his younger brother. As a result, his brother announced his abdication the next day, and the Romanov dynasty came to an end. At this time, Russian bonds will fall into waste paper, and it is almost the time for him to buy the bottom.  .

    When the bourgeois provisional government came to power and announced that it would continue the war, that was the time for the Rockefellers to raise Russian bonds again to save themselves. This period of time was relatively abundant. After all, there was still more than half a year from the February Revolution to the October Revolution.

    There are about 500 million U.S. dollars of Russian bonds in the U.S. market. When the time comes, even if you only copy 10 million U.S. dollars, you can get back at least 100 million to 200 million if you do well!  This real first pot of gold can be dug from the Rockefeller family!

    After thinking about it for a while, Wang Geng picked up the red telephone on the table. After waiting for a while, the voice of the head of Morgan came from the other side, "Young man? Is that you?"

    "It's me, Jack, how are Russian bonds doing today?"

    From the other side of the receiver came the laughter of Mr. Morgan,

    "Russian bonds fell by 20% at the lowest, then recovered to fall by 15% at the close. Almost all the Russian bonds in our hands were sold out. However, most of the chips were taken over by the Rockefeller family. What, do you have new ideas?"

    "New ideas? That's not true. Everything will be done according to the established policy. I estimate that with the violent decline of Russian bonds, short selling will soon be banned by the exchange. What I am concerned about is the news from Russia. The key point is  It¡¯s from Petrograd. How long will it take for the latest situation to be reported back?¡±

    Wang Geng suggested to Old Jack yesterday that all intelligence channels must be used to reach the Russian capital to keep an eye on the situation there.

    "I called Washington early this morning. The intelligence summary from the U.S. Embassy in Russia will be put on my desk as soon as possible every morning. However, it is probably also put on Rockefeller's desk. The domestic situation in Russia has worsened.  Very soon, the U.S. government cabinet is already meeting to discuss how to deal with this situation, and the situation is not optimistic!¡±

    ??Nima, who told you not to make arrangements in advance? Wouldn¡¯t things be much easier if there were people among the goalkeeper Vic and the Bolsheviks at this time?  Only God knows the quality of the intelligence provided by the U.S. Embassy in Russia.

    "Jack, I thought about it. Tsar Nicholas II might step down before mid-March. The Romanov dynasty probably won't be able to resist. I don't have enough manpower here, and the brokers and traders will have to borrow yours."  , after the Tsar announced his resignation, he bought Russian bonds with a face value of no more than 200 million U.S. dollars for me. It is estimated that a few million U.S. dollars at most would be enough!"

    "Huh? Why not buy as much as you have? You have more than 20 million in your account!" the head of Morgan on the other end of the phone asked with a smile.

    "Hey! Jack, you don't know that the Rockefeller family has to carry the bulk of the Russian bonds. Otherwise, who will raise the Russian bonds for us in the future? Of course, if you are determined, it is not a problem for us to buy them all, but  As a result, our business will be too big in the future, and the Morgan family's reserves of resources and contacts in Russia are not as good as the other party's, so we will get twice the result with half the effort!" Wang Geng explained helplessly.

    Damn it, what if I had come half a year earlier and looted the Rockefeller family? The problem is that time is so short now. The resources invested by the Morgan family in Russia are not at the same level as the Rockefeller family. This burden has to be shouldered by the Rockefellers.  Let's pick him up, and we'll take a ride and shear his wool!

    Russia¡¯s national debt was only 8.8 billion rubles in 1914, when World War I broke out. By 1917, it had soared to 336 rubles. Correspondingly, the ruble continued to depreciate. At the end of the gold standard in 1914, the nominal Russian ruble containedThe gold content is 0.77 grams of gold, while the gold content of the US dollar is 1.54 grams of gold.

    But the gold standard ended after the start of World War I, and various countries issued currencies that were not convertible into gold. By the beginning of 1917, the Russian ruble had depreciated from 2:1 to the U.S. dollar to 15:1. The face value of the Russian bonds of US$500 million had a ruble face value.  It¡¯s a staggering 7.5 billion rubles.

    Americans are very smart. In fact, the largest holder of Russian national debt is the United Kingdom, and the largest holder of British national debt is the United States. As a result, after the First World War in history, Tsarist Russia became Soviet Russia and refused to pay all debts owed by the Russian government.  But the United States still requires Britain to repay the billions of dollars of British debt. As soon as it comes in and out, Great Britain has fallen into a second-rate country!

    What Wang Geng and the Morgan consortium want to shear is not the wool of Tsarist Russia, but the wool of the Rockefeller family. Therefore, accepting all Russian bonds is not a good choice. Throwing the burden to Rockefeller is the best way.

    "Jack, it's settled. As soon as the Czar abdicates in mid-March, we will slowly start buying up worthless Russian bonds. When the new Russian government announces the continuation of the war in the future, Russian bonds will inevitably rebound violently, Morgan  I don¡¯t care how much the family can win. Anyway, you have to give me at least 100 million in return, and maybe you can get 150 million US dollars! Don¡¯t forget that you own 49% of the shares of Manhattan Industrial Bank!¡±

    "Young man, do you trust Old Jack so much?" The voice on the other side of the microphone was quite playful!

    ??Nima, I think all the capital of Manhattan Industrial Bank is still in your Morgan Bank account. I don¡¯t believe you can do it?  !

    "Jack, we have a saying in China that we should take a long-term view. How can my value be measured by a mere Russian bond and a new citric acid technology? Besides, if Manhattan Industrial Bank makes money on Russian bonds this time,  100 million U.S. dollars, 49 million of which was earned for your family Vivian, and Jack, your Morgan syndicate can earn at least 800 million U.S. dollars on British and French bonds!"

    The two foxes, one old and one small, laughed through the phone.

    Wang Geng put down the phone, picked up the note he had just written, came to the door of Vivian's office, and knocked lightly. He vaguely heard the sound of someone on the phone inside. Soon, Vivian put down the phone and came out to open the door.  It was Wang Geng who was a little surprised.

    "The executive director has come to inspect the work of me, the general manager? Don't worry, I have called the editorial departments of major newspapers and told them all the recruitment requirements. They will be published in the newspapers tomorrow. Of course, the bills will also come like a snowflake!  "

    Vivian leaned against the door frame, crossing her arms and looking at the partner in front of her.

    "Vivian, this note contains what you have to do in the past few days. You can relax a little more when the secretary is in place, but you will have to work harder on the financial aspect. I just told Jack that you will need to dial the number when the time comes.  The funds go to Morgan's account, and their brokers and traders are ready. This time we at Manhattan Industrial Bank and Jack's Morgan syndicate are going to make a big profit!"

    "Huh? How much do you want to allocate?" The girl was obviously a little surprised. She originally thought that Wang Geng would handle the 22 million investment principal by himself, but she didn't expect that this guy would allocate the money back to Morgan Company for operation without blinking an eyelid.

    "The upper limit will not exceed 10 million U.S. dollars. I told Jack that we will earn back 100 million U.S. dollars by then. I have drawn a road map for him! If we can't do it, it will be his problem!" Wang Geng smiled.  road.

    "Ten times? Wang Geng, why don't you just grab the money and forget it! The Morgan family and my father are not gods. How could they use 10 million to make 100 million for you so quickly?" Vivian opened her eyes wide.  Surprised look!

    "Tch, why are you so worthless? Haven't you heard that when a cannon goes off, you get ten thousand taels of gold! Our Manhattan Industrial Bank earns 100 million, and the Morgan Consortium can earn at least 1 billion!"

    Wang Geng was a little disapproving and gave the girl the note in his hand.
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