Blackstone Code
Chapter 2543
If you want the Federal Reserve Bank to agree with the federal government's decision to ostensibly transfer the right to issue currency, you must provide the benefits.
Sometimes capitalists are very explosive. When you fail to satisfy their demands for interests and harm their interests at the same time, they will show an attitude of fighting you desperately.
But when you have given them enough benefits and you say "I want to cut a piece of meat from you", not only will they not blow up, but they will take the initiative to take off their clothes and lie down on the chopping board to help you choose which part to remove. A knife is more suitable.
Capital is sometimes essentially the same as fat people who want to get fatter. As long as what they take in is greater than what they lose, they won't show any pain!
Whether it's the Federal Board of Currency, the Federal Reserve Board of Savings, or the Federal Financial Management Board...
This series will carve up some power from the Federal Reserve Bank to committees, agencies, and departments, and they will be filled with political spokesmen of the Federal Reserve Bank!
Just like the two senators sitting here at this moment represent the interests of the Federal Reserve Bank, and on the surface, even if they cannot form a majority, they can prevent the passage of things they don't want.
Why twelve senators?
Just to make it 50% to 50%!
This is also the most essential part of federal politics——
You can stop me, but I can also stop you!
To put it in a more popular way, it is “the art of compromise”!
If you want to pass, you have to let me pass, and everyone can pass.
But if you don't let me pass, then I'm sorry, I won't let you pass either. Don't do anything, just quarrel all day long!
It may seem as if the Federal Reserve's power has been carved up, but in fact they still have firm control.
When the decision-making power is under "balanced" control, the person who can really decide changes from superiors to subordinates!
The management of the bank is still the old people, they are die-hard fans of the Federal Reserve Bank and they are also the second line of insurance.
They will complete those decisions that the superstructure cannot agree on without causing other problems.
In short, this solution is actually a good solution for the Federal Reserve Bank, the federal government, and Congress.
In fact, the Federal Reserve Bank has not lost anything. On the contrary, it and them will become richer because of some changes in things!
The federal government took back some of its rights and became more complete.
No one will be hurt in this matter. Those who lose something will gain more, and those who gain something will have to pay more in the future.
Everything is "perfect", everything has a price and results!
The meeting lasted all day, during which some observers also participated in the discussion during breaks.
This will not be something that can be decided in one meeting. More meetings and discussions will be needed to reach a result.
And most importantly, the Federal Reserve Bank must also cooperate in this matter.
The Federation is a free and equal country. If the Federal Savings Bank resists the decisions of the federal government, these things will not develop.
So the question is, will the Federal Reserve object?
"Lynch, we recently had an idea..."
The most suitable outdoor sport for wealthy people to socialize in the 20-degree weather is golf.
The Federal Reserve has completed its agreement with Lynch, and Lynch has stopped the advancement of the antitrust case and minimized public opinion, as he promised.
Judging from some meeting agendas released by the Federal Currency Board, the public still has great trust in "state control."
Federal Sol has even become stable again because of its "right migration", and its performance in the foreign exchange market has returned to before it had an impact!
After all, for today's international society, the value of currency no longer simply refers to how much gold it can be exchanged for, but has more added value!
These added values include “national power”!
The more powerful a country is, the greater its monetary influence will be. This is one of the concrete manifestations of the monetary value of national power!
Even if Nagariel now says that it will issue Galil and promises that one hundred Galil can be exchanged for one gram of gold, no one will reserve Galil or even consider using it!
Because the issuer behind it has no credibility and is not trusted in the international community.
This is different from the federal government, which... well, considering whether the federal government will go bankrupt or default on its debts is obviously an insult to it.
So when the Federal Reserve's rights over currency were transferred, its exchange rate actually rose!
International trade suddenly became lively again, and at the same time, this also defeated the World Bank Alliance's little "conspiracy".
The Federal Reserve Bank transferred 5.1 percent of its shares to Lynch, who is now the individual shareholder with the largest number of shares in the Federal Reserve Bank.
At the same time, he is also the shareholder with the largest number of shares, no one!
The chairman of the Federal Reserve's board of directors sat next to Lynch on a golf cart.
The two of them were a little away from the crowd. There were many people who came to have fun today, and they were all members of the Board of Directors of the Federal Savings Bank.
There are also many girls who can see most of their butts when they bend over slightly, and they like to play ball with their butts stuck out.
"We have discussed the issue of privatization privately, and it can basically be implemented. We want to filter out some..."
"You know, the more power is concentrated after privatization, the better. We don't need so many shareholders to share risks for us."
Lynch frowned slightly, "You have no money?"
The chairman of the board of directors shook his head, "I still have enough money, but considering what happens, I may ask you to borrow some at that time."
"What I mean is that you need to support our decision at the board of directors and shareholders' meeting. After all, you now hold the most shares among us!"
Five point one percent may not seem like a lot, after all, it is only five percent.
But considering the influence of this 5%, its influence may be much greater than the 5% added up to those bits and pieces!
Even ten percent or twenty percent is not as shocking and shocking as a complete five percent!
Lynch has no reason to refuse. Reducing the number of shareholders is a process that a company must go through when privatizing it.
A listed company needs many shareholders in order to share risks and make money.
But when delisting, there is no need for these shareholders to influence the management of the company.
If the number of shareholders can be reduced to a very small number, they won't even need a shareholders' meeting, only a board of directors!
This centralizes power and also provides convenient conditions for fighting against the federal government.
They won't say it, but they will do it.
With Lynch's support, the chairman of the board of directors was very happy, "I'm glad that we can reach an agreement on this issue. Then you may need to attend a few more shareholder meetings."
In late July, after a month of detailed discussions, news began to spread that the Federal Reserve Bank would be privatized.
The price of the stock also began to fluctuate abnormally, but its changes did not cause changes in the Federal Sol in the exchange rate market, because now the Federal Sol is endorsed by the federal government in addition to the Federal Savings Bank.
In fact, in the modern monetary system, national credit accounts for the largest proportion of currency value!
And what follows is the most shameless side of capital.
In order to keep the repurchase price down, after board discussions (Lynch is also a board member), the major shareholders began to sell stocks frantically.
Even if some scattered small shareholders want to maintain the stock price and prevent it from plummeting, so as to encourage the large shareholders to buy back their shares at a lower price, it is still difficult for them to do this!
The simplest thing is to keep selling at a low price and ask you if you want to take it!
catch?
If you can't afford it, you will often sell tens of millions or hundreds of millions. If you really have so much money, you are no longer a small shareholder.
And even if you can take this move, what about the next move?
If it is hard to pick up, it can only be harvested cruelly.
When the process is completed, it will be delisted and delisted, and you won’t even get your money back!
Don't answer?
Then watch the stock price continue to fall, and watch your wealth continue to shrink. In the end, you may only be left with a fraction of what you are now, or even less!
Basically, there are only selling orders for the outstanding shares, and the prices are pushing down step by step.
Under the methods of big capital that "hurt people with capital," ordinary people and small shareholders were beaten down before they could even stand firm.
Obviously everyone knows that their purpose in doing this is to collect equity and enjoy exclusive benefits.
Everyone knows that once it is privatized, it will usher in greater development, but... can't hold it back!
In late August and early September, the Federal Savings Bank submitted a delisting application to the Federal Financial Supervisory Board.
After review, the Federal Reserve Board approved the privatization.
All circulating shares will be repurchased at market prices. If the holder does not agree to the repurchase conditions, he will automatically give up his shares and rights before the end of the specified date.
At the same time, the board of directors, shareholders' meeting, and major shareholders began to launch a campaign against ordinary shareholders.
Their shares will be repurchased in accordance with the repurchase terms.
At the same time, the new round of board of directors proposed new management rules and regulations to all shareholders. Shareholders with less than 3% of the shares will not be allowed to participate in the board of directors and shareholders' meeting!
Not to mention attending, just attending, not even allowed to sit in!
They may not even know what happened!
Under multiple combinations of punches, many small shareholders basically accepted their fate.
Because there is nothing they can do if they refuse to accept their fate. When they lose their "eyes" and "ears", it means that they have no room for resistance!
As for those who are unwilling to sell their stocks until they die?
You can kick them out with just a few tricks!
The privatization of the Federal Reserve Banks is basically complete!
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