1928: The rise of giant merchants

Someone is spending huge amounts of money shorting stocks.

Not long after Huixin sold the borrowed stocks, word spread about her short-selling transaction on the New York Stock Exchange.

There is no airtight wall in the world, but she didn't expect the news to leak out so quickly.

Fortunately, the people in the trading department of the New York Stock Exchange had some professional ethics and did not disclose the details of her trading.

Otherwise, Huixin will definitely take them to court and give these lawless traders a taste of the iron fist of the law.

She stayed in the VIP room until the market closed today.

In the last hour, the prices of these stocks did not fluctuate much, and the price she bought happened to be the high price of these stocks, which was considered lucky.

After respectfully sending Huixin out of the New York Stock Exchange, Benjamin, who had a busy day, planned to drive to a small bar to have some drinks, then see the new strippers, and maybe meet one or two beautiful young girls.

But when he left the trading department and opened the car door, he saw the head of the trading department running toward him with sweat on his face.

Benjamin rarely saw the minister looking so flustered and anxious, so he couldn't help but walked over to meet him.

"Minister, what happened?" He supported the panting minister and asked in a low voice.

The "Mediterranean" minister's face was extremely ugly. He gasped for air for a while, then grabbed his shoulders and growled: "Quickly, call all the traders in the trading department back. They have to work overtime tonight! Work overtime until early morning! "

"What happened, Minister?" Benjamin's heart dropped.

The last time they had such a meeting was last year, when stock prices fluctuated repeatedly due to the presidential election, causing their exchange to generate far more than normal trading volume, making people panic.

"I just received accurate news that the White House requested the Federal Reserve to hold an emergency secret meeting, which will be attended by officials from the Treasury Department and some members of Congress." The "Mediterranean" minister looked distressed and patted him on the shoulder.

Emergency Fed meeting?

There has been a lot of movement from the Federal Reserve recently, but almost every time it has to do with the overheated stock market in the United States.

The last time they went to investigate the bank's support for the financing of securities companies, the stock price fell for several days in a row, and the Dow Jones Index fell a lot.

Listening to what he said, this secret meeting was obviously larger in scale and more confidential in content. It looked like it was going to make some big move against the stock market.

Moreover, this meeting was actually attended by people from the Ministry of Finance and members of Congress, which means that it is highly likely to be related to financial and monetary policy.

"The White House wants to issue tight monetary policy to curb the overheated stock market?" Benjamin couldn't help but say something.

The "Mediterranean" minister looked ugly, then nodded and said: "It's almost the same."

"Damn! Why at this time!" Benjamin roared in his heart.

These days coincide with the bull market after the downturn, and the stock market has turned around. It is a good time for them to accelerate their performance, and the trading volume is gradually increasing.

I'm afraid there is only one outlier in the entire stock market who is doing the opposite.

etc.

Didn’t that woman just spend $3 million to short some stocks using 10 times leverage?

Benjamin's heart was beating wildly and he looked at the minister.

The minister naturally understood what he meant, and immediately said seriously: "I can guarantee that this news has not spread from the White House. It was our immediate boss who tried every means to find out. It is impossible for anyone else to know in advance."

If information about the meeting is leaked and powerful speculative capital like Hui Xin is successful in shorting, not to mention the New York Stock Exchange, the Treasury Department, and even the current top brass of the White House will be forced to resign.

So the Minister's message is very clear.

This possibility is extremely slim. Even if it is true, you have to grit your teeth and say you don’t know, it’s impossible.

"Anyway, the result of the matter hasn't come out yet, so don't be so nervous. Maybe the stock market will be good tomorrow." The minister patted his shoulder again and immediately motioned him to find someone.

At this time, Huixin was driving to the headquarters of Hongxing United Group in a Rolls-Royce.

Situ Feifei was also in the car. Hearing that things went smoothly, he breathed a sigh of relief and planned to follow Ye Luo to make some money when the stock market wave passed.

She didn't know how much money she spent on this short sale. If she knew that Ye Luo used leverage to raise US$30 million in just one attempt, she might not be able to sleep tonight.

As huge amounts of money flowed through her hands, Huixin felt that she was getting farther and farther away from her original low-level life, and getting closer and closer to the life that was once out of reach. She didn't know whether this was a good thing or a bad thing, so she could only gently caress the growing bulge. belly, looking out the car window.

At the same time, the Franklin family villa.

The New York governor has been extremely busy recently. He has been running home during the day for several days to hold secret meetings with John Jr., Ma Murray, Joseph Sr. and others.

The news of the Federal Reserve's emergency meeting was completely leaked about an hour later, and countless speculators will have sleepless nights. I am afraid that early tomorrow morning, the New York Stock Exchange will be overcrowded before the market opens.

Sitting on the recliner, Old Joseph couldn't help but ask: "Mr. Governor, are the Fed's meetings really related to monetary policy?"

"It is said to be true." Franklin looked uncertain. He had been squeezed out of the center of power, but he could still get some information based on his previous relationship with Wilson and his own connections in the political world.

The Federal Reserve does have disagreements with the White House. In particular, although Hoover stated that he criticized the U.S. stock market, privately he has been instigating the Treasury Department to increase investment. No matter what, the bull market must be allowed to continue for a few more years.

This was originally a minor political event.

But when combined with Huixin's sudden short selling today, it's a bit strange.

"Is this the example he mentioned?" Old Joseph looked uncertain. "With this timing, I even suspect that he has an inside job at the Federal Reserve."

Several people looked at each other and smiled bitterly.

This is also a joke.

Being able to place insiders at the top of the Federal Reserve is tantamount to treating the U.S. Treasury as your own backyard. Who has this ability?

"What we have to wait now is to see the changes in the stock market in two days and when he plans to stop." Franklin said calmly in his wheelchair, "If you are too greedy, you may be liquidated directly in a slight oscillation. Then Everything was empty talk. That was 10 times leverage, and a 5% fluctuation could cost him $30 million."

They don't even know if Yelo has $30 million.

"At least one thing is certain for now, that woman is almost doing things according to his wishes." Old Joseph's eyes were sinister, but the topic was quickly ignored by them.

As Ye Luo thought, whether Huixin is a puppet or a real person is no longer important to these bosses.

What they needed was to bring down Hoover and a lot of electoral funding. (End of chapter)