Cal. Hawke watched Situ Nan and Robles leave, his mouth moved, and he wanted to stop them, but he hesitated for a moment but didn't shout.

"Forget it, maybe you can get through it if you hold on a little longer!" Cal. Hawke said with a fluke.

The Hawke family's steel company and shipyard were facing a severe debt crisis, and he had an unpleasant conversation with Morgan, perhaps seeking an opportunity to find Situan, but he still did not speak, and finally left the pirate with a grim face on his brow.

Without waiting for Robles to do anything, the next day, Citibank President Charles Brown. Michelle optimistically declared: "There is no fundamental problem with the stock market, there is no problem with the development of business and credit structure in the United States, and brokers suffer from loan phobia." ”

……

"Of course, I also know that there are people who try to mislead investors and give them inappropriate information to profit from it."

His words immediately put Moody's Fitch Assessments in the spotlight, and several of the big banks on Wall Street mentioned it as if they were nothing.

This has given the media a chance to write brilliantly, and even the statistician Roger Roger Brown, who has been influenced by Situ Nan and has recently reported that "the stock market will crash sooner or later". Babson's New York Times was no exception, and published some articles such as "bailing out the market" and "optimistic".

Robles Securities, which is bearish on the stock market, has also been affected, and some well-informed people vaguely know that they are shorting the stock market.

Even Andrew. Mellon also called Stuart and Robles, warning of the political risks associated with shorting the stock market.

However, the arrow had to be sent by Andrew. Mellon failed to win back the hearts of Stuart and Robles.

October 24 is a day destined to go down in history. Because it's Black Thursday.

The market just opened in the morning. Livermore placed a large sell order. The stock price burst like a burst of water, people sold their stocks one after another, changing hands for 12.895 million shares throughout the day, and the stock exchange's automatic issuing machine could not keep up with the stock market trading at all, until the last transaction was not shown until more than an hour after the market closed.

President Hoover was attending a conference on naval armament when he suddenly received news that the Wall Street stock market had crashed, and he couldn't do it anymore. He hurriedly returned to Washington to give a speech, preaching that the US economy was not in trouble, and trying to save people's confidence in the stock market.

Over the past decade, Washington has been praised for its laissez-faire approach to Wall Street.

It is unrealistic to try to turn the tide all at once and turn the tide at once.

Several major banks in New York quickly formed a "bailout fund" of $20 million. Waynie personally buys the stock, hoping to turn the tide.

Some death squads learned that Morgan and other bankers had joined in the bailout, but what they didn't know was that they hadn't waited for the stock market to stabilize. The bankers went short-handed and fled.

October 29th. The darkest day has arrived.

At 10 o'clock in the morning, the New York Stock Exchange had just opened.

"It's falling, it's falling again!"

"GE has fallen to $45!"

"Chrysler Motors, Bethlehem Steel also fell!"

"Oh my God!"

The fierce sell-off swept in, everyone was selling regardless of the price, the broker was surrounded by groups, and the trading floor was in chaos.

The capital market cannot see the bloody rain, and the cruelty is better than the bloody rain.

Oh, no, a trader couldn't stand the stimulation and suddenly collapsed with a heart attack, causing a commotion at the scene.

Investors and brokers have gloomy faces, subconsciously covering their hearts, not knowing if they will fall down in the next moment.

"Throw away the stocks, throw them all, damn it, did you hear that!"

The anxious investor yelled at the broker on the phone.

Everyone is selling stocks and bonds, and no one can be found to take over, and the results can be imagined.

Situ Nan appeared in front of Livermore again, Livermore had just issued an order to short General Motors, and the effect was remarkable, and the sell order of 20,000 shares was sold, which immediately caused the stock price of General Motors to plummet.

At the same time, Robles Securities was also shorting Kennecott Copper, and their counterparty, Kuhn. Lobe Company.

Estimated this time Kuhn. Lobu Company is in a hurry!

After all, it's Black Tuesday.

Kuhn. Lobb & Co. is Kuhn. The core company of the Lobb Consortium, which invests in railways as its main business, is second only to the Morgan Consortium in the influence of American railroads.

It also penetrated into the steel and mining industries and even the banking industry through the railroad, and the Pacific Railroad and Wells Fargo have traces of the participation of this consortium, which has been competing with the William consortium in the Midwest in recent years.

Despite the soul of the legendary Jewish billionaire Jacob. After Schiff's death, Kuhn. The Lobu consortium is not as strong as before, and its power should not be underestimated, otherwise it would not have infiltrated Bethlehem Steel Company in the past few years after Situ Nan reduced his stake in Bethlehem Iron and Steel Company.

If they are allowed to succeed, Kuhn. The Loeb consortium will be able to compete with the Williams consortium on the board of directors of Bethlehem Steel.

This was something that Situ Nan could not tolerate, and although Bethlehem Steel's performance after the war was much worse than before, and it would be even worse in the next Great Depression, this was not a reason for Situ Nan to give up.

"It's not enough, you know! I'm going to teach those Jews a lesson to remember! ”

Situ Nan said resolutely.

"You're going to lose a lot, and you're going to lose both?" Livermore hesitated a little, glanced at Situ Nan, and his eyes were inquiring.

"Do you think the other side will be as prepared as we are?" Situ Nan asked rhetorically.

"As you wish, my boss." Livermore nodded solemnly, secretly cheering himself up.

Why?

Because he is going to short Bethlehem Steel, one of the two pillars of the U.S. steel industry!

It's quite difficult, but Situ Nan, the major shareholder, is behind the scenes, and things become easier.

The sale of Bethlehem Steel shares by major shareholders caused further panic in the market, and Bethlehem Steel shares soon fell to $10.

The Dow plummeted, falling 22% from a peak of 386 to 298. Moody's Fitch has also downgraded almost all of its major companies.

Of course. Bethlehem Steel is also included.

The better the Livermore team performs. Situ Nanyue was stiff-faced, and the wealth on paper evaporated by millions, and everyone was in a bad mood.

This is the credit of Livermore's shorting of the stock market, but the main reason is the background of the stock market crash, the automobile industry, the construction industry have collapsed, and the steel industry is naturally on its knees.

Even without Livermore, Bethlehem Steel would not have escaped this catastrophe, it was nothing more than a matter of one step earlier and one step later.

Come to think of this. Situ Nan quickly looked away again.

Livermore slumped on the couch in relief, the excitement on his face still fading.

"The worse it falls, will it be less expensive for us to absorb shares in the future?"

Livermore thought that Situ Nan was not in a good mood and tried to comfort him.

"Well done!"

Situ Nan nodded, showing a smiling face, and rarely took the initiative to pour him a glass of wine.

Watching a company come crashing down, Livermore felt an indescribable sense of accomplishment.

According to Situ Nan's plan, General Motors is also one of the targets.

Livermore lamented: "I never dreamed of beating GM under $20, and now those guys are all scared birds, and they are all in a hurry to get rid of their stocks." Even GM stock is no exception. ”

He paused and took a sip of his wine. "What an exciting day! If this continues, the New York Stock Exchange will be closed! ”

The gates of Hell have been opened, the demons have returned from Hell, and the next thing to see is the corpses all over the field.

looked at Situ Nan's calm face again, and asked with a smile: "Why aren't you excited?" ”

Situ Nan smiled when he heard this, he had experienced a similar scene, it was the last world war. Besides, no matter how cold and brilliant the scene is, can it be compared to the scene of floating corpses on the sea after the sinking of the Titanic?

However, he will not tell anyone about this kind of thing, but objectively evaluates: "General Motors has been merging aggressively in the past few years, expanding its automobile production capacity frantically, and becoming the No. 1 automaker in the United States."

The higher they climbed, the worse they fell now! ”

Livermore nodded, agreeing with Situ Nan's opinion: "Previously, Robles Securities and Wall Street banks criticized Ford and Chrysler for their conservative business strategies, and now it seems that conservative also has the benefits of being conservative, and the risks are small. ”

Speaking of this, he shook his head, if Morgan and DuPont don't come to the rescue, GM is probably doomed!

Before the stock market crash, Chrysler Motor Company was prepared, and by rectifying its financial and stock market operations, it prepared a large amount of money in advance, and the situation will definitely be much better than that of other automakers.

The wind is blowing, the chill blowing from the Atlantic Ocean hangs over Manhattan, and what is colder than the weather is that countless investors' life savings have been wiped out, they will be evicted from their houses, homeless, and one family after another will be shattered!

The financial crisis will hit the real industry hard, and the banking and financial industry will bear the brunt.

Kuhn. Lob lost badly in copper and steel company investments, but they haven't lost all of them before they don't have to jump off buildings. Others are not easy to say.

Bang!

On the streets of Wall Street, the president of Goldman Sachs jumped off the building, lying on his head on the ground, and the blood slowly stained the optimistic words of experts in the Wall Street newspapers.

The news quickly spread on Wall Street, and it is certain that he was not the first, let alone the last, but just one of the more famous unlucky ghosts in the wave of jumping.

"The president of Goldman Sachs jumped off the building and died!"

Livermore came to Situ Nan excitedly and said excitedly.

Looking at Livermore with an excited face, Situ Nan knew that this guy had always been a gambler, and thought: The speculative Goldman Sachs is finished, are you so excited, do you know that you are the most speculative person on Wall Street?

Everything you gain from speculation today may also be lost in the next speculation.

He said earnestly: "Greed is the devil, this is the best opportunity for bears, after this stock market crash, the Securities Regulatory Commission will undergo fundamental changes, you should remember it!" ”

Livermore was stunned, stared at Situ Nan for a moment, and felt that he was not joking, so he nodded subconsciously, and quickly put Situ Nan's admonition behind him.

The imminent bankruptcy of Goldman Sachs may be good news, as William Financial Holdings quickly bought the company and replaced it with a conservative and disciplined management team.

Goldman Sachs rose again, and that was twenty or thirty years later.

"An unprecedented disaster, Wall Street is a disaster for the whole world."

As soon as they met, Graham said to Situ Nan with a solemn face.

Just yesterday. Ten banks on Wall Street alone have failed. And that's just the beginning. More and more banks will not survive the next wave of bank failures.

The situation is getting worse and worse, so much so that Graham is a little skeptical that the outcome would have been different if Robles Securities had not joined the short selling, but had gone all out to save the market.

Soon he shook his head again, realizing that he was whimsical, and even Morgan was not immune, let alone Robles Securities?

Besides, the so-called bailout of Morgan is just like that, and now everyone is talking about a change of color. The general trend is indisputable, they don't want to harm their own interests, the big banks and big conglomerates have already lost a lot in the stock market crash, and they want to retain their strength more so that they can cope with the next depression.

"It's a disaster, it's unprecedented." Situ Nan nodded and glanced at Graham, everyone was moved by this stock market crash, not just Graham.

"The economic crisis occurs once in ten years, and this is probably the law of the world economic tide! Countless people have gone bankrupt. It is not easy to arouse the confidence of investors. However, human beings are greedy by nature, and the stock market will naturally rise. ”

The development of human society is spiraling. There are highs and lows, and there are no hurdles that cannot be overcome.

The human DNA pool is so rich and vast that you have nothing to lose if you die alone.

Thousands of people died, and perhaps more prosperous after the war, no one is so great, it is essential!

As an individual, you must first be responsible for yourself and be good to yourself.

Only when everyone is selfish and selfish will compromise and society will be stable.

If collectivism is emphasized, it is better to go to the Siberian labor camps to dig coal, or to go to Ukrainian farms to grow food for the collectives and starve to death.

Situ Nan convinced himself in this way that he recognized this clearly, and there was no need to worry about it! And don't feel guilty about taking away the life savings of countless Americans! He is just a passer-by on the time train, even though he has endless wealth, but does that wealth really belong to him?

In the face of time, human beings are nothing more than accounts with the right to use a certain body, which will be scrapped when the expiration date is reached, and eventually return to the garbage dump.

It's ridiculous that selfish humans have gone to great lengths to devise gimmicks of various names for garbage stations and clearly mark the price!

Every time he thought of this, Situ Nan was in a trance, his mind was empty, the high-rise buildings in front of him were full of traffic, the strategizing schemes, and the empire he had planned to build were just a passing moment.

Maybe life is meaningless, the only meaning is to find meaning, sometimes willfulness is not necessarily bad.

"Sir?"

Graham called, Situ Nan didn't react, and shouted loudly again, Situ Nan would come back to his senses, his face was a little tired and lazy.

Graham remembered the last coffee appointment with Situ Nan, and his attention returned to the conversation with Situ Nan, he paused, took a deep breath and said, "I think I'm ready!" ”

"Good."

Situ Nan nodded, looked at Graham appreciatively, and knew that the current affairs were Junjie, if he could, Situ Nan hoped to train Graham, and one day succeed Thomas to become the helm of William Financial Holdings.

After a while, looking at the back of Situ Nan leaving, yes! Graham clenched his fists, secretly cheering himself up, and walked out of the café with much lighter steps, and his face was full of joy.

When the car passed by the door of the Waldorf Hotel, Situ Nan saw a tall and decadent figure walking out of the hotel, holding a wine bottle in one hand, drooping his head, staggering, bumping into a few passers-by, causing passers-by to curse, but when he saw that he was a drunkard, he didn't bother with him when he was drunk.

"Carl?"

Situ Nan poked his head out of the car and was a little surprised to see the embarrassed appearance of the eldest prince Hawke.

I met on the Morgan pirate ship not long ago, but I didn't expect to meet again.

"Oh! It's you! Carl burped, his mouth was full of wine, he raised his eyelids and glanced at Situ Nan, slowly recognizing Situ Nan, and a smile cracked at the corner of his mouth.

It is a painful smile that contains self-deprecation, sadness, low self-esteem, pride, resentment, ......

The son of a former steel tycoon, the heir to the Hawke family, has a day when he is down on the streets?

Yes, Carl is bankrupt! Because of that damn stock market crash!

Shares of U.S. Steel and Bethlehem Steel have plummeted, as have the Hawke family's steel mills and shipyards.

The steel mill and shipyard, which were already in financial problems, collapsed with a bang, and responded to that sentence - I saw him raise a tall building, I saw him feast guests, and I saw his building collapse!

On the contrary, huge companies such as American Steel and Bethlehem Steel have been able to survive and not go bankrupt despite their vitality.

Situ Nan and his partners hold a large number of shares in Bethlehem Steel, and Karl knows about it, and even knows that Bethlehem Steel Company reduced its holdings and cashed out a sum of money before the stock market crash, but why is he so stupid?

Situ Nan's success shows his failure even more! Especially when facing Situ Nan, he was even more uncomfortable, feeling like a condom that had been used up and discarded by the upper class and still had a disgusting breath.

"Are you alright?"

Carl leaned on the car window, squirted a sip of wine at Situ Nan, and shook the empty wine bottle: "I'm not drunk, I just want a bottle of wine!" ”

After being smoked with a sip of wine, Situ Nan frowned, held back his stomach, glanced at Carl with cold eyes, calmed down again, and turned into a sigh.

In addition to women, this rich son has always been smooth sailing in other aspects, and now he suddenly encounters such a setback, the more high-ranking people fall, the easier it is to lose their mentality.

Carl also seemed to feel the change in Situ Nan's eyes, and a trace of pity reflected in Situ Nan's eyes hit him, he was angry and scared, and he didn't want to face Situ Nan in order to retain the last bit of self-esteem, and just wanted to escape.

When the car started, Situ Nan couldn't help but glance back at the down-and-out figure behind him, shook his head, didn't speak, and thought of the woman who left, and felt a little bit of turmoil in his heart.

"Bastard! Don't buy me a bottle of wine! ”

Carl was so angry that he smashed the wine bottle, forgetting that he had escaped first, and he didn't give Situ Nan a chance to invite him to drink.

He is like a delicate wine bottle, which is filled with expensive liquor, and now the expensive liquor has been sucked dry, leaving only an empty bottle, which will be shattered when it hits the ground, and it will be vulnerable!

The fragments of the earth are his heart.

Returning to the Waldorf Hotel in a daze, as if beckoned, Carl slowly climbed to the top of the building, staggering to the balcony.

With the cold wind blowing on Wall Street under your feet and the psychedelic sun on your head - I really want to jump and embrace the faint sun!

There are no creditors in hell, and there is no need to see Morgan's gloomy creditor face!

Carl stood on tiptoe and slowly unfolded his arms...... (To be continued.) )