Easy Tycoon

Chapter 670 The gluttonous feast
After the matter was finalized, Yang Jing stopped paying attention to the matter here.

And the instigators of this matter, the core figures of the Boston Consortium, are also a little bit battered at this time.

Although Mike Aller has not managed the KY investment fund very much these years, he has made great efforts behind the scenes. Among other things, in just a few years, Mike Aller has been married in the United States. Although this network of contacts is not so detailed, at critical moments, this newly formed network can still play a big role.

Under the deliberate guidance of Mike Aller, the FBI, which had no clue at all, directly targeted the Boston consortium. The FBI is not a single iron bucket, and the battles within the FBI are also very fierce due to their respective hills.

There must be a relationship with the Boston Consortium within the FBI, but similarly, there are also opposition forces specifically targeting the Boston Consortium.In fact, in an economically dominant country like the United States, not only federal departments like the FBI, but even the House of Representatives and the Senate are full of hills, as are the federal departments that hold important powers like the CIA and NSA.

In particular, the nature of this "murder case" targeting civil aviation airliners is so bad that even President Reagan was alarmed and ordered a thorough investigation of this matter. Therefore, the FBI, which has obtained Shang Fang's sword, dared to directly target Boston. Those tycoons of the consortium.

And it's not just the FBI, the CIA and the National Security Agency are also involved. Although they don't have any evidence for the time being, they check and check all day long, which is enough to cause headaches for Lowell and Lawrence.

"Haha, that guy Smith is really a big guy. The elevators of the plane are completely out of order or even locked up. This guy's bodyguards can even come up with a way to make the plane fly backwards, and they actually did it. It's incredible." In a room in the Long Island Mellon Manor, Richard Mellon Scalfe laughed and said.

Sitting beside him are a group of core figures of the Mellon family, including the two contemporary figures of the Mellon family, Richard King Mellon and Paul Mellon, a pair of cousins, as well as Paul Mellon's son Timothy Mellon and the core figures of the fourth generation of the Mellon family.

Timothy Mellon nodded with a smile and said to his cousin Scalfe: "That's right, this mysterious Mr. Smith is really lucky. If it were me, I'm afraid you should attend my funeral at this time." gone."

Paul Mellon is old and strong. Although he is not a few years younger than his cousin Richard King Mellon, his body is far stronger than his cousin. "The brats from the Boston consortium will suffer a little bit now. Cole is not an easy-going person. The behavior he made at our charity auction last time has proved that He is a very strong character. This time he was almost killed by Lowell and the others, and he will definitely launch revenge."

After a pause, the 80-year-old man dusted off the ashes of the cigar in his hand, and said in a gloating tone: "I guess the stocks of companies under the name of the Boston consortium should plummet in the past two days. Timothy , have you shorted the stocks of those companies under the name of the Boston consortium?"

Timothy smiled and nodded, "Father, I already arranged for funds to enter the market yesterday. How could we miss such a good opportunity? And as far as I know, not only our funds, but also Rockefeller, Morgan, DuPont, Citigroup There are also funds from the three consortiums from the West and Central, and there will definitely be a good show in the past two days, but there seems to be no movement in Cleveland."

Hearing this, Paul frowned involuntarily. It is understandable for the entry of funds from the Rockefeller and Morgan consortiums, and even the entry of the Texas consortium, the California consortium, and the central Chicago consortium. After all, now The competition among the top ten consortiums is still quite fierce, and the Boston consortium is in decline, and it has done such a thing that steals chickens without losing money. It is rare to have such a good opportunity. If these guys don't step on it a few times It's strange, but why didn't the Cleveland consortium make a move?
"Timothy, have you contacted Hamilton Mather? What's the reason why they didn't enter this time? Could it be that they want to fall to Lowell's side now?"

"Father, I have contacted Mr. Mather. The reason he gave was that the funds were not available recently, so he did not enter."

Timothy's words not only made Paul Mellon's brows tighter, but even Richard King Mellon, who had been silent in the wheelchair, also said, "Paul, you should pay attention to Cleveland recently. As the Humphrey family and the Eaton family have changed their leaders, their recent movements seem to be a bit out of place. Our relationship with the Cleveland Consortium has always been very close. We cannot maintain our relationship because of some of their personnel changes. Decades of relationships have been destroyed."

"Richard, don't worry about this. I will pay close attention to the situation there. The Cleveland Consortium has always been a solid ally of our Mellon family. I will not allow them to fall to Boston like this."

Among the top ten consortiums in the United States, the Mellon family and the Cleveland consortium are the eight old consortiums with a history far longer than the California consortium and the Texas consortium that emerged after World War II.As an established consortium, the nature of the Cleveland consortium is similar to that of the Boston consortium. It is a consortium formed by the combination of several families.

However, because of the geographical relationship, the relationship between the Mellon Consortium and the Cleveland Consortium has always been very close, and many core companies under the names of the two consortiums are mutually controlling.

For example, Amco Steel Company, National Steel Company, and Goodyear Tire and Rubber Company are all core enterprises in which the two consortiums have cross-controlled holdings.The relationship between the two consortiums has always been very good precisely because the core enterprises between the two consortiums have achieved mutual cross-holding.

But at this juncture, the Cleveland Consortium suddenly made an unusual move, which could not allow Richard to be disinterested.

Paul Mellon said: "Richard, I think Cleveland can still tell which is more important. After all, Smith also controls a large number of stocks in several core companies under their name. If Cleveland stands As far as Boston is concerned, given Smith's character, he probably won't let Cleveland go. Therefore, we should also be prepared, at least not to involve Cleveland, which will also affect our Mellon family. "

Richard nodded and said: "Paul, you also need to come forward in this matter. Well, you should take some time to visit Mr. Smith right away, and ask him to be merciful. Alas, these fools in Boston are so annoying. Who is wrong, you have to mess with that guy. You say that he is an agent launched by Europe? This kind of reason is too far-fetched."

Schaife also nodded and said: "Yes, others don't know Smith's background, but we all have a bit of background. Among other things, the capital brought by Smith was transferred through Citigroup and Morgan's banks. That money didn't come from Europe at all, and that alone proves that Smith isn't an agent there. It's just that these guys in Boston have been blinded by hate."

After a pause, Schaife continued: "I just don't know how that guy Smith will make a move. I really hope that he can create an unforgettable memory for those guys in Boston."

Timothy said: "As far as Mr. Smith's wrist is concerned, he will definitely not let go of those guys in Boston. We just wait and see the good show."

The same situation is playing out in several other places in the United States.A group of wealthy tycoons gathered together, prepared knives, forks and napkins, and were waiting for a gluttonous feast.

Yang Jing didn't make these tycoons wait any longer. Five days after the air crash, on the sixth day, that is, at the beginning of a new week, the stocks of several core companies under the name of the Boston consortium were certainly hit. A lot of selling, and KY Investment Fund submitted two statements to ESC early in the morning, stating that it will reduce its holdings of Boston First National Bank and John Hancock Mutual Life Insurance Company owned by KY Investment Fund stock.

Subsequently, the stock prices of the two most core companies in the Boston consortium suddenly fell, and a large number of sell-offs caused panic among many shareholders who held the stocks of these companies. Then, almost within 10 minutes, this Shares of both companies fell 15.5%.

However, because of the stock market crash last year, the New York stock market activated the circuit breaker mechanism again, so when the stocks of First National Bank of Boston and John Hancock Mutual Insurance Company fell by more than 15.5%, the circuit breaker mechanism was automatically activated. Trading is suspended for half an hour.

The triggering of the circuit breaker mechanism triggered a new round of panic. After a short half-hour suspension of trading and returning to normal, more selling appeared, and the stock prices of the two companies continued to fall faster than they did during the stock market crash last year. .

The Boston Consortium immediately issued a statement, claiming that it would file a lawsuit against KY Investment Fund to ESC. As the company's major shareholder, KY Investment Fund announced that it would reduce its shareholding for no reason, which is a violation of regulations.

but.What the Boston consortium didn't expect was that their statement actually stimulated the stock price to fall even more. Just after ESC announced that it had begun to interview the head of the KY investment fund, Boston First National Bank and John Hancock Mutual Life Insurance Co., Ltd. Not only did the stocks fail to stabilize, but they accelerated their decline. When the market closed that afternoon, the stock prices of these two stocks plummeted by 28%!

In other words, within one day, the market value of the two banks and insurance companies with a combined market value of more than 900 billion US dollars directly evaporated by nearly one-third.

And Henry Williams, the head of KY Investment Fund, directly declared that there is no problem with our shareholding reduction plan, and tomorrow, the shareholding reduction will continue!

(End of this chapter)