Just as Contini and Francesco talked about future work arrangements, the 4.4 billion orders have obviously become a focus of Wall Street's attention, and Mellon is the person who connects these focuses.

"I heard you were scolded by Hoover during a meeting?" someone asked maliciously.

"It's nothing, he apologized to me, who doesn't have a time to speak without saying anything? I forgave him." Mellon shrugged and said disrespectfully. In fact, he was very concerned about this matter, especially in the circle of tycoons, which made him feel a little embarrassed, but no matter how much he loses his face, the matter ends here. Everyone is adults, as for this little bit of stinginess?

"How was the orders of United Group negotiated?"

"The president went to talk in person, and the answers he received were the same as the news we received. Ziano still wanted something, but the price was very low..." Mellon said in an unhappy tone, "Hoover has suppressed the overall price to 60% off, but the other party still did not give in, just said that he would consider it again."

"This little bastard!" Several people were so angry that they were itchy, while several were thinking.

"So, how much is he satisfied?"

"Hoover didn't say it, I guess the gap is big, at most 45% off..." Jiang is old and spicy, Mellon's estimate is very close to the fact. Contini plans to eat this batch of 4.4 billion orders at a price of about 1.8 billion (including a deposit paid by 500 million yuan). The conversion is basically 41% off.

"This is impossible! I'm not crazy yet!"

Morgan smiled and said, "Ziano Jr. should have made a lot of money, right? He took away at least 1 billion in convertible bonds of 1.5 billion, and other shorts have also made a lot of money. Why are he so stingy?"

"He is buying old equipment." Mellon sighed, "Since the stock market plummeted, 50,000 companies across the country have submitted bankruptcy applications, and more than 20,000 have been collected by banks and actually went bankrupt. However, less than 10% of the cases have been truly liquidated. A large number of equipment, factories, raw materials and semi-finished products have been backlogged. Ziano bought a large number of them, and the cases alone have reached more than 200 million US dollars.

In addition, United Bank also spent more than 100 million to carry out banking mergers and acquisitions and asset restructuring - you all know that those bankruptcy cases have no value, but some debt and debt-debt assets have some meaning. Here I expect a large number of companies will be controlled by him. Of course, he will not want the company. As long as these real things are completed, he will ship them back to China after the liquidation is completed. Oh, by the way, he also bought more than 20 second-hand cargo ships and oil tankers, the prices are outrageously cheap. Unfortunately, no one else wants such cheap things..."

"Everyone is short of money, and there are no money and things..." Morgan sighed. "Those high-end furniture bought on good days are all dealt with cheaply. The cost of more than $1,000 is only more than $100, which makes me feel distressed! But what's the solution? The stock market is over and life has to continue. Many people buy high-end villas that have fallen into negative assets. If they are unemployed or the company goes bankrupt, there is no second way except jumping off the building. As the old saying goes, assets are only called assets when they can be cashed out. No one takes over is all burdens."

"Aren't Russians approached? Or are they?"

"They offer is a little more generous than Ziano, about 50% off to 55% off, but you know, the Russians are all paupers. They can't get the US dollar and have no place to borrow!" Someone laughed, "I want us to lend them or accept Russian goods... It's a hell!"

Someone joked: "How much caviar does Mr. Stalin have to export to exchange it for equipment?"

"Who knows, it's not enough to get all the Russian fish!" Morgan sarcastically said, "This is what they asked for. Who made them rely on all the debts they owed to the French back then? Otherwise, how could they not find someone to borrow money now? If they hadn't relied on the debts at the beginning, even one-third to one-quarter, it would not be the case now!"

This is not a fabrication. The debt problem was a major obstacle to the normalization of the relationship between the Soviet Union and the great powers. In the end, the Soviet Union all refused all debts. Of course, the most losses belonged to France, a traditional ally of Russia. The reason why France failed to recover to its peak after World War I was not unrelated to the huge amount of money that was refused. Although the debt was refused, the credit of the Soviet Union was also broken and could not enter the international financial market to borrow money. There was only one way to obtain foreign exchange, using hard currency and commodity export transactions.

The Soviet Union's life was pretty good in the past few years, because the United Group, a big customer, their coal, crude oil, other minerals and agricultural products were turned into accounting currencies. Then, this accounting currency was used to exchange it for urgently needed industrial equipment and technology through United Group, and even patents for Caracio-level drawings and 381mm drug-taking guns.

The accounting unit is a special international currency invented by Contini and Bukharin. It is equivalent to the US dollar. It can purchase goods with lira prices at any time according to the lira price on the trading day. However, if it is to be exchanged for real US dollars or other foreign exchange currencies - such as pounds, francs, etc., Italy will charge a 5% handling fee.

At the beginning, the Soviet Union did not dare to hold too much bookkeeping currency. Once they got it, they went to Italy to purchase it or couldn't wait to convert it into US dollars, and the British pound went to other countries to purchase it. Later, it was found that the United Bank could cash it in time every time, and when the same thing was cheaper to buy through the United Group than to buy it directly into US dollars and go to the United States, the motivation for replacement was insufficient.

This kind of accounting currency is used for bulk imports and exports. Because it is so easy to deal with, there is no need to bear the crime of 5% loss of state-owned assets. In addition, Italy is very good at being a good person. Every year, comrades from relevant Soviet trade and military departments are invited to Italy and the Mediterranean to inspect (in fact, of course, it is public tourism plus gifts). Why not? As for why the accounting unit is cheaper, it is because Contini purchases in batches, and there is still 5% of the activity space, and he is an old customer, which is definitely cheaper than the Soviets who buy it alone.

There is one charge for overthrowing Bukharin. It is colluding with foreign capitalists and accepting improper gifts. In fact, this is selective law enforcement. Who has not accepted such gifts? Comrade Bukharin only took a few Swiss watches and a few ladies' pajamas, and it was filed by the diplomatic department. Many comrades have received local specialties in New York. Even if they don't, they won't be able to accept them. Other superiors and colleagues are accepting them. Do you want to make special? Can you still maintain a high degree of consistency with the Party Central Committee?

There have also been some twists and turns in this. For example, when Soviet crude oil was first exported in large quantities, and after the United Group produced a large amount of oil in North Africa, the Soviet Baku crude oil was not easy to sell. However, at this time Comrade Stalin found other ways to accelerate collectivization and increase grain exports. Then crude oil was introduced into refining equipment and digested on the spot, blocking the hole over and over again. Comrade Bukharin opposed this one.

As for the fact that caviar is the most famous export material in the Soviet Union, the money it received was actually very small - how many people can afford caviar? Now that the stock market crash has occurred, the people who can afford it have to be reduced at least half, so it is absolutely impossible to rely on caviar. Using caviar to exchange equipment is obviously a joke on Wall Street.

"Didn't they still have a lot of money before?" Mellon asked. "I remember a lot of our equipment ended up in the hands of the Russians."

"That was before, now the situation has changed, and the good days for the Russians are about to end..." Rockefeller sighed, "Even the good days before are also related to United Group. It seems that we can't avoid United Group..."
Chapter completed!