Chapter 130: The Great Liar and the Great Conspirator (3)
ps: The 1200th monthly ticket will be updated in December.
The Fed was unwilling to accept the failure of regulation and once again raised the discount rate to 4.5%. However, the effect this time was worse than last time. The reality of Contini's "50 million in five days" was reflected in the front. This policy was thrown into disarray. There was no splashing, and it started boiling again. In order to curb the crazy stock market, the Federal Reserve sold all government bonds for the whole year of 1927. However, instead of controlling the stock market, the government bond market suffered a severe crash. At this time, the Federal Reserve was really helpless because the rediscount rate could not be increased significantly. It has been raised. If it is raised further, government debt will face huge pressure, and this kind of interest rate increase will make the US dollar stronger. The discount rate in Britain and France is now only 3.5%, and even Italy is only 5%. If it is raised any higher, it will make the U.S. dollar stronger. More money is pouring into the United States, going against their previous desire to push the currency weaker.
Now they are not convinced about themselves: Contini and many people swear that the stock market can still rise, the business community is also optimistic about the orders and contracts that will follow, and the market enthusiasm is as usual. Could it be that they have made a mistake? Is it really " Is Dow Jones 300 the starting point for a new bull market in the United States?
On June 28, United Group issued another statement: After careful consideration, in order to control investment risks and protect the interests of small and medium-sized investors, the target of the US$1.5 billion convertible bonds issued by United Group has been changed from United Group itself to currently listed or listed companies. There are five subsidiaries of United Group that will be listed soon, including United Bank, United Petroleum (Algeria and Libya), United Motorcycle, and United Pharmaceuticals. Due to the wide range of involvement, the New York Stock Exchange decided to make special arrangements and advance the listing of United Motorcycle, which was originally scheduled to be listed in September, to July. At the same time, although United Petroleum (Libya) and United Pharmaceuticals were issued at a fixed pace, United Group issued a letter of guarantee. , to ensure that the current year's accounting statements and relevant supplementary agreements meet the internal conditions of convertible bonds. Once the actual financial situation is inferior to the prospectus, United Group will be responsible for making up for it and lowering the conversion price.
As soon as the news came out, the market was elated, and everyone was gearing up to bid for convertible bonds because all government bonds had been sold off, but convertible bonds had a quota of US$500 million for small and medium-sized investors, and the other US$1 billion was for large institutions. All major U.S. banks, including Union Bank, Bank of America, Citigroup, and Chase Manhattan, are underwriters of convertible bonds, and the various intermediaries involved in the quota of US$1.5 billion are even more dazzling, including the most prestigious accountants in the United States. , auditors, lawyers, appraisers, and insurance companies all in one fell swoop, forming a feast for the entire Wall Street!
Roosevelt, who was busy campaigning, looked on with cold eyes. Because he had accepted Contini's $50,000 grant, the law firm could no longer take on relevant work to avoid conflicts of interest. More importantly, he firmly believed that Contini was a big liar and that this was all a conspiracy. However, this was intuition and personal judgment that he did not dare to reveal except for his wife and a few close friends.
July 4th is the United States National Day. Contini met with the next U.S. presidential candidate Hubert Hoover in Washington and donated US$990,000 to his campaign. At the press conference, Contini was full of enthusiasm. Lian Chunfeng said: "Mr. Hoover was the Secretary of Commerce of the past two US governments. Under his hands, the United States achieved eight years of prosperity. I believe that if he is elected president, he will definitely bring greater prosperity and strength to the United States." Year! Only politicians who continue to benefit the American people and allow them to enjoy economic prosperity, rising stock prices, and stable lives are the worthy leaders of the American people.”
A reporter asked loudly: "The president is very optimistic about Mr. Hoover's election?"
Contini shrugged: "I am now the special envoy of Italy. I cannot say this. It will appear that I am interfering in the internal affairs of the United States. I respect the choice of the American people."
Everyone laughed, including Hoover.
"Of course, if you ask me for my personal opinion, I will not hide it. If I were an American, I would choose to vote for Mr. Hoover. After all, his ability and achievements are obvious to all. Everyone knows that I made 50 million in the past two days. Don’t you want to make another 500 million dollars based on your personal vision? Don’t be ridiculous. Without good politicians as national leaders, you are nothing! Italy has enjoyed prosperity and stability in recent years, and the same is true for the United States. Hundreds of millions of Americans are pursuing the American dream. Why don’t they want to have a good politician? Now such a good politician is standing beside me! parents……"
Hoover smiled even wider and was even the first to applaud enthusiastically, followed by thunderous applause from the audience. He knew that Contini had great energy, so he donated another US$990,000, and publicly stated that he was "personally optimistic about Hoover." He also touted his achievements in the past eight years, which made him as sweet as honey. He immediately reciprocated the favor and said: "If Saying that Mr. Ciano is the most profitable person in the world may cause some controversy, but if you say that he is the most profitable young man, I don’t think anyone would object. I have always believed in his vision. If I were not a politician but an ordinary person, I would definitely buy shares of United Group. History has proven that Americans who hold these stocks have made money, especially United Medicine. How great is the Bailang Multi-Dividend they launched? His inventions and creations, the American people will always remember the president’s contribution, love and friendship to the American people!”
This is not bragging. Prolantoxi, which has been on the market for less than a month, has shown its extremely effective value in fighting bacteria and saved thousands of Americans who were dying in bed and waiting to die passively. As for the 1,000 charity quotas, it has attracted media attention. As long as the doctor sees that it is a bacterial infection, no matter what kind of bacteria it is, the prescription is Prolantoxi! Now the whole United States is completely crazy about it. The first batch of 40,000 boxes of drugs were sold out, and there was even a black market that increased the price to grab the goods. Contini and Domark kept shouting to the media, saying that the drugs would be there, and everyone should not grab them, and leave the drugs to those who really need them.
In late June, 170,000 new drugs arrived, alleviating the market's thirst. Even so, they were sold out within a week of being put on the shelves. The production base of United Pharmaceutical in Italy worked day and night but could not meet the market demand. Even United Printing, which provides packaging box printing for drugs, had a rare situation of overtime printing paper boxes in many years.
Faced with the popularity of Prontosil, some people in the United States naturally wanted to imitate or simply pass off fake products as genuine, but when they actually got the medicine, they were desperate because Prontosil used a completely different packaging system. At that time, drugs were generally still packed in plastic bottles, but Prontosil used the pharmaceutical aluminum-plastic plate and polyethylene composite packaging recommended by Contini, and specially applied for a patent. Although this packaging increased the cost, it also made Prontosil's value even more expensive.
Although polyethylene was created by the British in the laboratory a few years ago, it was not found to be very useful, and secondly, it was difficult to manufacture, especially industrial production. However, the United Laboratory followed Contini's instructions and continued to tackle polyethylene, and finally solved the production difficulties with the high-pressure method. Now the United Refining and Chemical Corporation has added PE to the millions of tons of ordinary gasoline, diesel, and PVC, which has triggered an unprecedented boom.
In Contini's words, the glittering aluminum alloy doors and windows outshined the black steel doors and windows at a glance, and the shiny aluminum-plastic panels and polyethylene composite materials outshined the traditional glass bottles. What does "for a better life" mean? What does "suffocating for dreams" mean? This small but extremely delicate box of Prolong is a reflection of the humanistic care of the United Group, and a reflection of the Italian art trend and fashion taste! These words were recognized by all reporters, and also boosted the madness of the issuance of United Motorcycle and convertible bonds.
On July 9, Contini's fleet left New York Harbor for home. The U.S. Navy provided a 200-nautical-mile escort for the fleet. Tens of thousands of people, including the current president Coolidge and Hoover, went to the New York dock to see them off. Countless citizens gave Contini and Ada flowers, wishing them a happy marriage in the future. The families of the patients who recovered from Prolantoxi spontaneously organized themselves and hired a hot air balloon with a large slogan "Thank you, President!" The shareholders who made a fortune by following the bold investment of the United Group were not to be outdone. They organized a massive brass band and a farewell team, playing the newly composed "Song of American Friendship" while lining the streets to see them off. There was even a large crowd of people singing in the streets of Contini. When Ni and Ada climbed up the railing of the Count Cavour and waved goodbye to everyone, they all raised their arms to salute and shouted "Long live the president!"
The reporter of the Christian Monitor wrote: ... No young American is like Mr. Ciano, who has never been in power in the United States but has won the love of tens of millions of American people. That "Long live" is a heartfelt praise from everyone. His life experience is a legendary movie. He is more like Mr. Hoover's deputy than Rogers (Hoover's running mate), and completely crushed poor Smith (Democratic candidate). If he runs for the next US president, I think he has a great chance of winning!
After entering the cabin, Contini restrained his smile and said to the security secretary Enzo: "Have you figured out the politician in the wheelchair?"
"I have figured it out. I know his residence, workplace, places he usually goes to, how often he sees doctors and goes to the hospital, and even the security of his family."
"Very good, he is currently running for governor of New York State and has a good chance of success... He is in contact with some people in the economic community and has secretly reviewed the documents and information of the United Group on the listing and issuance of convertible bonds, trying to discredit me as a liar. It is very dangerous..." Contini whispered, "Your task is simple, let the dark one send him to heaven as soon as possible, but don't expose him."
Contini looked into the distance and said firmly: "Behind me is the United Group with 700,000 employees and Italy with 40 million people. No mistakes are allowed. All hidden dangers must be nipped in the bud!"
"Yes!"
This volume is over, please read the next volume "Big Times!"