Rebirth of the Strongest Tycoon

The latest website: Everyone is a high-level boss. When Aubrey DeMarre said this, everyone was silent.

Martin Bryan of the Progressive Conservative Party poured dirty water on the Liberals, slamming the Liberal government for its poor governance over financial policy.

But now that Joseph Chretien's press conference is over, the dirty water won't touch him.

Because he had already made up his mind, Martin Bryan's lie was directly torn apart.

As a result, support for the Liberals and Joseph Chretien is highly likely to rise sharply.

This is what they all don't want to see.

The Liberals must step down, they must lose next month's general election and become an opposition party.

Harris Rothschild said solemnly: "In the next month or so, we need all of us to work together to support the Progressive Conservative Party and attack the Liberal Party."

"Martin Bryan is very capable and we have given him enough support that should be enough for him to continue to have an advantage."

"And we ourselves, have more important things to do."

Aubrey Harris thought for a moment, then nodded slightly in agreement with Harris Rothier's opinion.

"We'll help with politics, and the rest will be left to the Progressive Liberal Party."

"But we must solve the biggest crisis ourselves. The offensive of foreign capital is getting stronger and stronger. Our strength is constantly weakening. The situation must change, otherwise we will all be finished!"

"Let's not talk about the actual damage, the invasion of Canada by foreign capital will definitely cause social unrest, and there will be a chain reaction. It is very likely that the support rate of the Liberal Party will soar, or even surpass it."

"If it leads to a Liberal election to stay in power, we're going to be hit twice, we're going to lose our banks, we're going to be drained."

"Oh, no, I still have the support of the Great Northwest Life Insurance Company, and I can hold on for the time being, and you..."

Speaking of which, Aubrey DeMarre did not continue.

But from the darkened faces of everyone, it can be seen that their mentality has changed.

"I believe that everyone still has resources to mobilize,

The reason why it is not used is because there is no chance to find a strong counterattack and reverse the situation in one fell swoop. "

"If we can't reverse the situation, even if the resources are put in, we will lose the last ability to resist later. The risk is too great."

Andre Sfield's old voice sounded, expressing everyone's worries.

"Andre is right. Now the advantage of the shorts is getting bigger and bigger. Everyone is accumulating strength and letting the exchange rate fall even lower without touching the liquidation line. This can increase the cost of the shorts. Reduce our delivery costs."

"Everyone wants to fight back, but now we have a chance."

"Time is so tight, hey..."

...

Everyone was suffocating in their hearts, and they all started drinking.

Although it is very messy, the core of the semantics is that the counterattack fighter has not yet appeared, and all the resources are invested, and it may not be able to turn the tide. If the turnaround fails, the ability to resist is completely lost. This risk is too great!

"What if I could weaken the bears?"

At this moment, Harris Rothier said faintly with awe-inspiring eyes.

In an instant, everyone fell silent and looked at him.

"Harris, what can you do?"

"How much power can be weakened?"

After a few seconds of silence, Joyce Gracie hurriedly asked.

"I just found an opportunity. If I do it properly, I can withdraw all the funds of the Chicago consortium!"

As soon as Harris Rothier said this, everyone was refreshed.

"Really?"

"What is the opportunity?"

Even Aubrey DeMarre was shocked, and he didn't care about putting on airs and asked directly.

No wonder he was so nervous.

Just because if Harris Rothier can really withdraw the funds of the Chicago consortium, it will be enough to reverse the offensive and defensive trend!

Although the composition of the shorts is extremely complicated, the biggest main force is still the four major banks and many financial companies of the Chicago consortium.

The largest main force of the Chicago consortium has withdrawn. In a short period of time, it is difficult for the bears to organize their strength. This is the best chance to turn around!

However, in the face of Aubrey DeMarre's question, Harris Rothier did not answer immediately, but said something more enticing: "The impact is more than that, if the operation is good, it can also make the United States The capital also shrinks part of the power.”

"Harris, just say it quickly, everyone can't help it."

Joyce Gracie urged impatiently.

Harris Roshir raised his mouth slightly, and said slowly: "That is to completely detonate the crisis of the Continental Illinois Bank, causing the Continental Illinois Bank to suffer a run!"

Aubrey DeMarre's eyes narrowed, and after thinking for a moment, he took a deep breath and nodded and said, "Harris, your method is very maneuverable, you can definitely try it!"

The reason for this is that Aubrey DeMarre thought of the particularity of the Continental Illinois Bank.

It can be said that one of the four major banks in the Chicago consortium, that is, the Continental Illinois Bank, has the possibility of being planned, and this method is not very threatening to the other three major banks.

It is not that the other three major banks have no hidden crisis, but that it is almost impossible for these three major banks to have a crisis that is fatal in a short period of time.

But change to Continental Bank of Illinois on it.

The key lies in two points.

One is the business model of Continental Illinois Bank, which involves the laws of Illinois.

Illinois is a state that implements a "single bank system", that is, banks are not allowed to set up branches in the state, and even after the Bank of Continental Illinois builds a new bank building, it must build a bridge across the street in downtown Chicago to connect the two buildings of the head office. , so that it can be legally regarded as the same building, which is a typical behavior of taking off the pants and farting.

But it is precisely because the law in Illinois does not allow the establishment of branches that the Continental Illinois Bank is the bank with the most funds in the United States.

Most of Continental Illinois' funds are borrowed from other banks, or through holding companies that issue commercial paper, which are then transferred to Continental Illinois.

The other three banks of the Chicago consortium are also the top three banks with the closest and largest capital business with the Continental Illinois Bank.

Of the more than $30 billion in deposits at the Continental Illinois Bank, more than 90 percent are foreigner deposits without deposit insurance, and deposits far exceeding the $100,000 guarantee limit.

In the United States, the FDIC does not insure deposits over $100,000.

Therefore, if the Bank of Continental Illinois is exposed to the risk of bankruptcy, it will definitely suffer the most serious run, because the funds of these 10% depositors are not insured, and the Bank of Continental Illinois goes bankrupt and the money is really gone!

The reason why Continental Bank of Illinois can operate in this business model is that its interest rate is higher. Of course, the bank's management capabilities are also extremely strong, and the capital utilization rate and turnover rate are also extremely high.

It is precisely because of this situation that the Bank of Continental Illinois, the seventh largest bank in the United States, is the largest commercial loan bank in the United States.

The second reason is because of the crisis encountered by the Bank of Illinois in mainland China the year before.

It was implicated in 1982 when Bowen Plaza Bank, its largest lender, failed, and the Continental Bank of Illinois held $1.3 billion in loan bonds.

Of course, the more serious problem is that it fell into the Latin American sovereign debt crisis and was affected again, which made the credit portfolio of Continental Illinois Bank become a high-risk business, which indirectly increased its financing costs and its credit declined a lot.

That is, the Chicago consortium secured Moody's, one of the world's three major rating agencies, and continued to give the holding company of the Bank of Illinois a AAA long-term debt rating, which fooled most people.

There have always been loopholes, but no one in the United States has done it. After all, the collapse of the Continental Bank of Illinois will lead to financial systemic risks, and according to the laws of the United States, other banks cannot stand idly by.

Those in the United States who are capable of engaging in the Bank of Illinois in the mainland will not engage in it, and ordinary people who are incapable will not be able to discover or engage in it.

But if it was replaced by Harris Rothier, who was desperately trying, it would be fine...

This is the bottom line of thirty-six strategies!

PS: I still worked overtime on Saturday, and the meeting was held for a day, so the update was late. If there are some typos, please catch the bug, I will change it later, and now I will write the second update.