1928: The rise of giant merchants

It's too late.

When the New York Stock Exchange sold more than 6 million shares throughout the day on October 21, senior officials in the White House and the Federal Reserve knew that there was nothing they could do.

At this time, it would not make much sense to cancel the previous decree issued to prevent the stock market from overheating and to lower interest rates and financing rates for securities dealers back to their original values.

Speculators have already fallen into a shortage of funds and have fled the stock market. Due to the departure of a large amount of capital, other investment institutions have also followed suit and sold. The liquidity of the stock market suddenly fell into a shortage and lost support.

After this, speculators' confidence in the market continued to decline, which was inevitably followed by massive selling, accelerating the birth of the crisis.

Everything seemed settled.

On October 22, as a large amount of overseas capital was in a transfer period, many economists and investors continued to advocate the stock market, and they did not hesitate to spend a lot of money to buy hot searches and buy public opinion, and deceive unsuspecting retail investors into taking orders.

Liu Xuenong sat at the New York Stock Exchange for a day and saw that the Dow Jones index was stable around 270 points, and the high-priced stocks he bought did not seem to have fallen too much.

Mid- and low-priced stocks have begun to rebound slightly, but this is obviously not a good thing.

This is the final flashback.

If you withdraw from the stock market at this time, your losses will be fixed, but you can withdraw your remaining equity and run away.

But what can we do with the remaining six to seven million dollars?

Liu Xuenong invested a total of 38 million US dollars in the stock market. All the money came from the military and political officials of the Republic of China and the rich second generation such as Edward. He lost most of it and only had a fraction left. How could he explain it to his shareholders?

My whole body is weak and my heart is as gray as ashes.

"We have to find a way to shift the responsibility to Hongxing United Group." Liu Xuenong gritted his teeth, gave up on the stock market completely, and began to think about this issue.

But when he took over the vice president position, he also took the initiative to contact those shareholders.

Ye Luo's words before leaving echoed again.

"Whenever you encounter something you can't understand in the future, think more about what I said when we first met. It may help you."

That day, Ye Luo led the ignorant man into the stock market and told him the concept of penny stocks. It made him experience the thinking of speculators for the first time, and the terrifying situation of being stuck and unable to get out.

The stock market is as fierce as a tiger or a wolf.

Ye Luo has always hoped that the staff in the penny stock department can always act as managers and make a fortune by earning commissions, rather than investing in stocks with their clients.

The stock looks good, but it is a bone-eroding temptress.

Once you fall into it, you will be sucked dry.

Those who bought penny stocks under them and ended up bankrupt are the best examples.

Ye Luo told them from the beginning that penny stocks do not cheat their own people, only Americans.

But finally.

Without exception, they all fell into it.

Only Hui Xin is transcendent

"Sister Huixin" Liu Xuenong realized that she was his last life-saving straw. He immediately got up and ran towards the first floor.

When leaving the New York Stock Exchange, Liu Xuenong also bumped into Kong Xiangxi and Qiaojiao Sassoon who were rushing over.

These two powerful men in the Republic of China were no different from those distracted speculators. They squeezed in from the crowd without even seeing Liu Xuenong.

He ignored these people, got into a Ford taxi as quickly as possible, and rushed to the headquarters building of Hongxing United Group.

Outside the building, many ordinary people who had suffered heavy losses from buying penny stocks gathered in the hall. They bared their teeth and demanded an explanation from Hongxing.

Luo Fei and other Hongmen disciples could vaguely be seen maintaining order, but they still could not calm the anger of these white people.

Fortunately, the headquarters of Hongxing United Group is located in Chinatown, where a large number of Chinese live. Due to the difficult living conditions, they all came together to drive away the troublemaking white people.

Liu Xuenong lowered the brim of his hat and walked upstairs quickly without attracting anyone else's attention.

Shortly after he went upstairs, Xu Wenqiang, who had been quietly following him, looked stern, held down the pistol on his waist, and followed him upstairs.

CEO's office.

Huixin was busy dealing with the recent bad debt. Liu Xuenong was more courageous than she thought. He dared to misappropriate so much funds to speculate in stocks, which was exactly what the second young master said.

No matter how meek and kind-hearted people are, once they enter the stock market, they will lose themselves and become slaves to money.

"After taking care of this, it's time to sell off Hongxing United." Huixin looked at everything here and sighed in her heart.

This is where dreams begin.

Although at first, the second young master regarded this as an industry that would be abandoned, Huixin still felt a little regretful and reluctant to let go.

At this moment, the office door was suddenly pushed open.

"Xue Nong?" She looked at him in surprise.

The disheveled and depressed Liu Xuenong slammed the door, stared at her fiercely, and walked over step by step.

"Sister Huixin, you are the only one who can save me now." Liu Xuenong approached her, feeling that his mental state was not right.

Huixin suppressed the panic in her heart and asked calmly: "Is it because you misappropriated the company's money to speculate in stocks?"

"So you already knew." Liu Xuenong sneered and was immediately relieved. Indeed, 38 million U.S. dollars is such a large amount. Even if someone from the finance department helps hide it, Huixin, as the president, can easily check it if she really wants to. come out.

"I can't pay back the money. Sister Huixin, if you don't help me hide it from them."

Liu Xuenong came to the table, held the table with both hands, and looked at her,

"What happened between you and the second young master, and how you used to be an ordinary female worker, is not Mrs. Dewitbucket's business at all. I will tell them all!"

This is Hui Xin's biggest secret.

Apart from Ye Luo and other senior officials, the only people who still know about this matter are Liu Xuenong and Luo Fei.

Luo Fei is always closely watched in Hongmen. He has a very low level and has little interaction with the financial circle, so he has little connection.

Only Liu Xuenong has followed Ye Luo from the beginning to where he is today.

He thought of many ways, but finally felt that this was the safest.

Mastering the secrets of Huixin and the second young master is his biggest trump card.

With this threat, at least my life can be saved.

Hearing Liu Xuenong's final words, Huixin's eyelashes trembled slightly and she sighed softly.

"Brother Xu, leave it to you." Huixin looked behind Liu Xuenong and said calmly.

Liu Xuenong was stunned for a moment, and then subconsciously turned his head, but he felt a sharp pain in the back of his head. He felt dizzy, spinning for a while and then fell down.

His eyes finally caught sight of Xu Wenqiang's face.

Consciousness is drowned in endless darkness.

"Madam, help me tell the second young master that we will deal with this person properly." Xu Wenqiang is no longer the passionate and angry student he was before.

Following Ye Luo, he saw too many dark sides, which made him understand a truth.

In this world where people eat people, good people don't get a good end.

If you want to live well for yourself and your family, you have to be cruel and ruthless!