Chapter 738 Prelude to the Economic Crisis Chapter 739 Saving Hollywood(2/3)
Coolidge did it on the sofa opposite me, lit a cigar and said, "Andre, this is a good thing for our DreamWorks, but it is probably a huge bad thing for the whole of America."
Coolidge's words made me feel dizzy.
"Calvin, can you make it clearer?" I spread my hands.
"The stock market collapse we expected is coming." Coolidge's words immediately made Gans beside me jump up.
"What?! The collapse is coming!? OK! OK! I'm waiting to die during this period!" This guy looked gloating.
"The stock market collapses!? I'm anxious to wait!" A group of Visconti also started to cheer.
There was joy in the office, but I opened my eyes wide.
In my memory, the Great Depression should have begun until the end of October until November, so early?
Moreover, if it starts, why don’t you hear any movement?
"Calvin, the stock market is really collapsed?" I was a little unbelievable.
Coolidge nodded, shook his head again, and said, "The stock market has not collapsed yet, but there has been a sign of collapse."
"Obsolutely?! It turns out that it has not collapsed!" Gans was so happy.
"It's so fast, it's so fast." Coolidge murmured.
"Calvin, have you discovered something?" I smiled.
Coolidge said: "No. Today, Livermo and I discovered a puppet bank."
"Puppet...bank?!" Coolidge's words almost made my head fall off the spot.
Puppet Banks, the stock market collapses, the jump between the two is too big!?
"Calvin. Do you find any connection between a puppet bank and a collapse in the stock market? There are so many puppet banks in the United States. If you find that a stock market is about to collapse, then will the US stock market collapse every day?" Gans smiled evilly.
"You know what!" Coolidge gave Gans a glance, and then said to me: "Andre, the puppet bank that Livermore and I discovered is called Mikal Bank. The headquarter of this bank is in San Francisco. It has issued 500 million shares, but in fact, the assets of this bank are less than 10,000 US dollars."
Cough cough cough! I was almost choked to death by the tea in my mouth.
With a foundation of $10,000, it actually issued 500 million shares. This bank is so talented!
But after thinking about it, some questions popped up.
"Coolidge, this sounds impossible. Banking land must be established to have certain qualifications. A bank with a total of 500 million yuan was found in a bank with a total of 10,000 US dollars. How could such a thing happen?" I don't care what this matter has to do with what Coolidge said about the collapse of the stock market. This matter itself is very valid.
But Coolidge's next words immediately stunned me.
"Andre. The owner of this bank is Chianini's Bank of America!"
"Calvin, say what you said just now again?" I walked to Coolidge and whispered loudly.
"The owner of this bank called Mikal is Chianini's Bank of America. The news is that I just heard from Darren Oliver, and it's true." Coolidge breathed a sigh of relief.
His words made the whole office stunned.
Logically speaking, a puppet bank was discovered. It was no big deal. In the US banking industry, there were still many puppet banks.
There are many reasons why puppet banks appear. But usually, the biggest reason for the emergence of puppet banks is that some companies have problems in their operations and want to raise funds to overcome difficulties.
There are problems with operations, especially shortages in funds, which are common for banks. Not to mention banks in general, problems such as Citibank of Rockefeller Consortium often occur.
However, this practice is extremely abnormal when discovering stocks through puppet banks.
It has basically encountered great problems in bank operations, and it has even reached the brink of life and death.
And now Coolidge told me that the Mikal Bank had only a base of $10,000 but issued 500 million shares, and the owner of this puppet bank was actually Chianini's Bank of America, which surprised me.
Among the many large consortiums in the United States, the California consortium can also be regarded as a medium-sized consortium assembly, including three consortiums: the Bank of America, the San Francisco consortium and the Lockettrek consortium.
Among the three consortiums, in terms of strength, the San Francisco consortium ranks last, our Lockett Consortium is now ranked first, and the Bank of America consortium ranks in the middle.
Although our Lockettec consortium is not as strong as ours, Chianini's consortium has a total assets of about 20 billion yuan, which cannot be underestimated in terms of strength. Now the formation of a puppet company is actually happening, which shows that this consortium with a pillar in California must have had a big problem.
"Calvin and Chianini's American Bank consortium has been made into money printing factories in the west by people. They have too much money, how could they form puppet banks?" Stiller asked.
Coolidge pondered for a moment and said, "I haven't gotten the exact information about the specific situation, but my premonition tells me that the American Bank of Chianini is probably standing on the edge of the cliff."
"Calvin, make it clear." I motioned Coolidge to express his premonition.
Coolidge picked up a cup of tea that Jimmy made for him, took a sip, moistened his throat, and then slowly said, "You all know what the puppet bank is like. Although ordinary puppet banks have the possibility of fraud, Chianini's Bank of America is the most capital bank in California, and they will not do such things as fraud unless..."
"Unless what?" I seemed to have guessed Coolidge's thoughts.
"Unless Chianini's Bank of America has now become an empty shell." Before Coolidge finished speaking, the office was in chaos.
"Bank of America has become an empty shell? How is it possible? Chianini's consortium has 20 billion yuan in total? Besides, now is the best time for the US economy. Even ordinary people can make money from the stock market. How could Chianini let his consortium be involved? "Gans didn't believe Coolidge's words at all.
The others were also a little suspicious.
It’s not that they can’t figure it out, but that Chianini’s American Bank consortium is too strong. Coolidge shrugged and said, “Who told you that if the assets are big, there will be no empty shell? Who told you that the consortium will not be in danger at such a moment, remember. Economically, anything can happen.”
Coolidge stood up and murmured: "Yes. Chianini's American Bank Consortium is generally rich in financial resources, but don't forget that many of the business of this consortium are in industry. Although their focus is on banks, the entire bank's capital is already very good if it is 12 billion."
"Since this year, Bank of America has been suppressed by Citibank after the restructuring, and its customers have been lost in large quantities, but the result is that it is a serious shortage of liquidity. In the past few months, Chianini has invested a lot of financial resources in the stock market. What I get is that he invested almost all the funds in his hand into the stock market."
"The stock market is so good now. If he invests in it, he will definitely make a profit." Stiller spread his hands and said.
"Earn?! Do you think Chianini and other people are ordinary people who want to withdraw!? They invested their funds, and the stock market is soaring. Under such circumstances, the American Bank withdraws funds. In the end, they are unlucky."
"So Chianini must bear it hard and fill in the funds. After filling in the funds at hand, he began to issue a large amount of stocks. When the stocks found through Bank of America exceeded their endurance period, Chianini could only continue issuing stocks in advance by establishing a puppet company." Coolidge coughed and said, "So, from the bank Mikal, we can see that Chianini's Bank of America has now been trapped in the stock market and turned into an empty shell. Andre, this is the economic bubble, this is the price of economic madness, so I think through this incident, the signs of the collapse of the stock market have appeared."
"Calvin, establishing such a puppet company is a fraudulent act. Once discovered, the consequences will be unimaginable. Doesn't Kianini know about this?" asked Gansbaba.
I laughed: "Why don't you know?! Chianini started from scratch and built such a huge consortium from an immigrant who didn't have a dollar in his pocket. What didn't he know? The reason why he had such a choice proved that he was really anxious this time and took the risk."
"Calvin, I think your analysis is correct. The stock market that has been crazy for more than a year in succession should have come to an end."
Looking at the bright sky outside the window, I sighed deeply.
"Boss, don't worry about the stock market. Anyway, the stock market collapses, and we will not lose any losses. On the contrary, we may benefit from it. Besides, you usually hate Italians the most. If this guy Chianini falls, wouldn't it make our Rockettec consortium lose one opponent?" Gans began to gloat. "That's it, but I'm really sad to see such a strong consortium fall. Besides, Chianini has always been unable to get over it. Logically speaking, to a certain extent, they have also done something that is beneficial to us." I was a little moved.
Coolidge laughed and patted my shoulder very freely and said, "Andre, you will feel a little sympathy like this. This is the case in the business world. If you are not careful, you will be beaten up by others. You can't blame others for being too stupid. We can't control so much. Besides, even if we want to control it, we can't control such things."
"Calvin is right. What are you doing with the broken things?" Gans sat on the sofa and crossed his legs.
"Calvin, what should we do about this?" I looked up and asked Coolidge.
Coolidge shook his eyebrows and said, "We don't have to do anything, we just need to wait and see. The sky in the United States has been clear for so long. It's time to scrape dark clouds."
I nodded and said, "I think we can think about how we should act like this once the stock market collapses."
Coolidge nodded vigorously and said, "Andre, you are right. We should really think about this kind of thing. If the stock market collapses, the consequences will probably be very serious. By then, many companies will definitely go bankrupt, banks will go bankrupt, workers will lose their jobs, and countless wealth will disappear overnight."
"For our DreamWorks, the situation is completely opposite. Our assets are converted into gold reserves, and not only will they not depreciate, but will increase in value relatively. At that time, it is time for us to attack from all sides!" Coolidge said, happily dancing.
Then, Yassel looked at me without saying a word, with a trace of slight condensation on his face.
"YaSel. Do you have any doubts about our company?" I keenly observed this expression of YaSel.
Yassel shook his head and said, "Boss. I have no doubts about our company. What I care about is other Hollywood film companies."
Yassel's words brought the laughter of Coolidge and me to abruptly.
"Boss, our DreamWorks has no risks at all, but this does not mean that other Hollywood film companies have no risks. I think if the stock market crashes, other Hollywood film companies will definitely fall into the abyss!"
"We can naturally ignore companies like Lei Dianhua, but what about film companies like MGM, Paramount, and Warner Bros.? As far as I know, Hollywood film companies now invest huge amounts of money in the stock market. MGM and Paramount have almost invested most of the funds in the company's land into the stock market. If the stock market collapses, these companies will definitely face a desperate situation and may go bankrupt! Boss, have you ever thought about this!?"
"Dreamworks and the Rockefeller Consortium have been in battle for so long. In terms of strength, we are not as good as the Rockefeller Consortium. But why we can succeed? Of course, this has a lot to do with ourselves, but it is also inseparable from the support of other Hollywood film companies. If there is a problem with these companies, we will be fighting alone."
One thing about Yassel is indeed one person thinking about, but for his statement, the local people in the office are obviously divided into two factions.
"YaSel, you're right. If the stock market collapses, companies like MGM and Paramount will definitely be injured and may even go bankrupt. But this is definitely a good opportunity for us DreamWorks. At that time, we can completely swallow up some of these companies. By that time, our DreamWorks will be the veritable overlord of Hollywood." Gans said with spit.
To some extent, he is not right at all. If the stock market collapses, Hollywood film companies will definitely go bankrupt, and those who are not bankrupt will also lose their strength. This opportunity is an excellent opportunity for DreamWorks to become the Hollywood overlord.
However, some people disagree with this statement against Gans.
"I don't agree with Gans' approach." Coolidge shook his head.
"Andre, Gans makes sense, and once the stock market collapses, we can do it in terms of strength. But if we do something like this, I'm afraid Hollywood and DreamWorks will be done."
Coolidge's tone was very low.
"The reason is very simple. For a long time, both the people and major Hollywood film companies have regarded DreamWorks as the defender of Hollywood and the spiritual leader of Hollywood. It is also because of this that DreamWorks has always taken the development and prosperity of Hollywood as their responsibility. It is also because of this that they sincerely love DreamWorks. If they find that DreamWorks suddenly took advantage of the situation and robbed other film companies, will they still have such ideas?? Will the people still have such ideas??"
"If we lose the support of the people and filmmakers, not only will the bright prospects of Hollywood be shattered, but our DreamWorks will not be far from the day of destruction!"
Coolidge was a little excited and continued: "Andre, these Hollywood film companies cannot collapse. With them here, we have more supportive power. It means we have more comrades in our army. People like Marskolov, Adolf Chuck have always been very supportive of our DreamWorks for so long, and we must not attack them!"
"And not only can we not attack them, but we should help them. We should minimize their losses in this stock market collapse. If we do this, we will not only get their gratitude, trust and support, but also preserve the strength of Hollywood. If the strength of Hollywood is preserved, whether it is the Rockefeller consortium or other consortiums, the ambition to annex Hollywood will not succeed!"
Coolidge's words have come to my heart.
To be honest, in my heart, I do have an ambition: to make DreamWorks the super overlord of Hollywood.
And I also know that this time, it is the best opportunity to achieve this goal.
But, I can't do that.
Coolidge has already said almost the reason.
Under such circumstances, DreamWorks cannot add to the point of injury, otherwise what DreamWorks get will be a nightmare result.
"Calvin, you're right. I think so too." I nodded heavily: "The pillars of Hollywood cannot collapse, otherwise Hollywood will fall one day. The consortiums on Wall Street are still eyeing us. Even if they suffer huge losses when the stock market collapses, they still have the ability to annex us. At this critical moment, we cannot fight infight."
To be continued...