Chapter 362: Revenge Mode

Monday, 22 April, was just an ordinary day, but with Zhou Ming's rebirth, this day in 1991 was destined to go down in history. At 8am, because of root the Root News Channel broadcasted big news that shocked the whole of the United States: the Greatwood Bank would publicly sell the $8 billion worth of shares of the Tang Dynasty Bank, including some voting shares.

When the news was broadcast, many people thought they had heard it wrong. It was probably a late April Fool's joke played by the local TV station.

You have to understand that this is the stock of the Bank of Tang, which is the largest bank in California and one of the largest in the United States. Despite some recent internal turmoil, it is generally considered to be very reliable. So why would anyone sell their shares? Especially since it was sold off in one go, even the voting shares, which cannot be bought with money, were sold. These are important shares that can really participate in the decision-making of the Tang Dynasty Bank.

Not only is it important to be the target of the shares being sold, but the amount of shares itself is also very impressive. After all, it is said that 8 billion US dollars, the entire foreign exchange reserve of Mexico, a neighbouring country of the United States, does not have as much.

It is true that Mexico is not as wealthy as the United States, but it is still an average to medium-sized country. It has always attracted investment from the United States and has always had some savings. This money exceeds the entire foreign exchange reserves. You can imagine what a huge fortune this is, and when such a huge stake is dumped on the financial market, it will undoubtedly trigger a tsunami.

In this tidal wave, perhaps because it is the shares of the Tang Dynasty Bank, it will arouse the interest of some investors and be snapped up; of course, a more likely scenario is that it will cause an even more serious sell-off, with countless investors investors believe that this is because Dao Tang Bank is no longer considered to be of investment value by Dao Tang Bank, or that there are problems with Dao Tang Bank itself, or perhaps the market is unable to absorb so many shares at once, and the price can only fall like a building jumping off a cliff.

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I believe that no matter which situation it is, it is definitely not something that the Tang Dynasty Bank would like to see. And here is another situation that is more intriguing, which is between the Da Wu Bank and the Tang Dynasty Bank itself.

Some people who know the inside story of finance all know that behind Tong's Bank is the Tong family of San Francisco. This is a wealthy family that grew up with California. It is said that 150 years ago, the Tong family was the richest family in the world. The Tong family originally came to the Americas with the wealth that flowed from all over the world to China, and it was this wealth that established the Tong Bank, which eventually became the core of the California consortium.

On the other was the Etruscan Etruscan family behind the Greatwood Bank. This was a noble family that immigrated from France and was said to have some connection with the British royal family. In short, it was definitely a wealthy family . With the development of the industrial era, he invested his wealth in various industries, and the manufacturing industries he invested in made him a wealthy family in the central region and the core of the Ettley Group.

Both are not simple. So who says that this time, when the Greatwood Bank sold so directly, it wasn't a collision between these consortia?

'No no one knows why Daewoo Bank did this, but since Daewoo Bank has done this, it must have its reasons. However, this is not good news for San Francisco. Perhaps 150 years ago they had silver from all over the world, and perhaps they brought all this money to San Francisco. hundred and fifty years ago, they owned silver from all over the world, and perhaps they brought all that money with them to San Francisco. But no matter how much wealth they had, they could never reverse the laws of economics! the words of a special commentator for the Itely TV station, and his words clearly came true, because when the time came at 9:30 a.m. for the New York stock market to open and the stock price of Tang Dynasty Bank plummeted. In just half an hour, the stock price of Tang Dynasty Bank fell by more than 5%, causing Tang Dynasty Bank's market value to lose nearly 40 billion US dollars in half an hour.

And After this, the stock of Tang Dynasty Bank continued to fall, which forced the US Securities and Exchange Commission to temporarily suspend trading in Tang Dynasty Bank's stock and immediately set up an investigation committee to investigate the incident. U8 Novel 8`

Although it is not shocking for the SEC to temporarily suspend trading in a stock and intervene in the investigation, but the problem is that this is the Tang Dynasty Bank, a super bank with a market value of hundreds of billions of dollars. In people's impression, it is impossible for such a giant bank to have this kind of thing happen.

It is because of this perception, when the SFC called a halt to trading in the shares of Tang Bank at 9:40 a.m., the entire market was in an uproar, and it also made all investors panic even more. So, under the leadership of some people with good intentions, other stocks belonging to the Tang family were also sold off miserably.

Of course The so-called investigation by the Securities and Futures Commission will not be investigating any so-called insider trading, but simply asking what exactly happened between the Tang Dynasty Bank and the Great Wood Bank . To put it bluntly, other consortia watching the fun want to mediate the dispute, and that's it. For this reason, Tang Ran immediately called Zhou Ming's phone.

'Brother Ming it seems that the situation has changed again. The Daewood family has already taken the lead, and we at Tangren Bank were completely unprepared. We have suffered heavy losses. Not only has not only has the market value of the Tang Bank shrunk by 40 billion US dollars, but it has also had a significant impact on the other family businesses controlled by the bank. Although the family is now doing its best to remedy the situation, the results have been minimal.'

Tang Ran continued, 'Just now, the chairman of the Securities Regulatory Commission personally called me, asking our Tang family to exercise restraint as much as possible.'

'Of course had to call you. After all, the financial market is very fragile, and the economies of all US states are interconnected. He is very afraid of a major chain reaction.' Zhou Ming then wondered, 'But this move by the Greatwood family is really strange.'

'Yes, doesn't he worry that the market value of our Tangren Bank will shrink, which will also cause the value of the shares they hold to shrink? Although I know that they may still buy them back, I'm afraid that in the overall situation of the stock market, he will lose more than he gains. I really can't understand why he would do this,' Tang Ran said, say.

At this time, Lin Muqing took the microphone from Tang Ran and said her thoughts: 'Zhou Ming, do you think they already know about our affair with Miranda, which is why they want to make a move early? Because their their original plan was to wait for us to make the first move and then take advantage of the situation? I don't think so suddenly sell our shares without warning. After all, this would disrupt the order of the entire financial market, and the attack surface is too large, which would easily attract other conglomerates to intervene.'

'And there is an even more important point, and that is that if they do this, it will cause the market value of the entire Tang Dynasty Bank to shrink, and the shares they still hold will also decrease accordingly. Wouldn't they be harming others without benefiting themselves by doing this?' Lin Muqing felt puzzled.

Hearing Lin Muqing Lin Muqing's speculation, Tang Ran also followed suit, exclaiming in surprise, 'I feel that it is also very likely that there are problems that we have not anticipated. Otherwise, there is no reason for this!'

'Damn it, it's just that Ming has finally come up with a solution,' Tang Ran feels aggrieved for Zhou Ming, 'it's obvious that the Da Wudu and Morgan families are so powerful, but they still resort to these disgusting dreadful plots; now Ming has used his wisdom to figure out how to solve these plots, but they always know what Ming is doing, which is so unfair!

Facing Tang Ran's grievances, Zhou Ming comforted her with a smile: 'Extreme challenges, that's just life!'

After a joke joke, Zhou Ming added: 'And now compared to before, I feel that the situation is much more manageable. Don't you think that the Da Wu family's sudden sale of so many shares of Tangren Bank is a sign of a lack of confidence?'

After thinking for a moment, Zhou Zhou Ming added, 'And as Muqing said, this will easily cause dissatisfaction and interference from other consortia.'

After hearing Zhou Ming's words, Tang Ran immediately became happy, 'So Ming, you have a solution?'

Zhou Ming thought and said, 'Ranran, do you remember what the chairman of the Securities and Futures Commission said when he called you? He told you to remain restrained. So why don't we do the opposite? We'll retaliate with a big bang. And that's what we were planning to do anyway, isn't it?'

On the other end of the phone, Lin Muqing let out a gasp. 'Zhou Ming, if you do this, you will really start a financial war between the wealthy families.'

Zhou Ming hadn't said Tang Ran, 'I support Ming. A war is a war. Ming can't keep getting bullied by those villains. We should teach them a good lesson and show them that we're not to be messed with!'

'Okay , let's do what we planned and contact the media to announce the bad assets of Daewood Bank, and then file a lawsuit against Daewood Bank's holdings, Repo Insurance Company and Hanson Trust Company and list all the irregularities they are suspected of committing against our company's interests, demanding as much compensation as possible. The key is to attract enough attention,' said Zhou Ming.

Lin Muqing said to Zhou Ming, 'No problem, we already prepared for these things yesterday, we just didn't expect them to act early.'

'Sister Muqing don't worry, they can't change anything by starting early. The gap between the Daewood and Morgan families is natural,' said Zhou Ming.

'As long as it's your way, Ming Zhou, what's there to worry about? You've never let us down,' said Lin Muqing.

Then Zhou Ming and Lin Muqing hung up the phone, and the Down syndrome family also immediately activated revenge mode, even though they had originally planned to do so.

First, 150 companies in San Francisco, 150 companies jointly filed a lawsuit against Liberty Insurance and Hanson Trust, accusing them of illegal operations through insider trading and illegally profiting illegally profited by over a hundred billion dollars. Therefore, these companies demanded that they publicly apologise for the illegal use of industrial espionage and compensate 150 companies 45 billion dollars.

Subsequently, Wall Street Financial TV received an anonymous document recording the huge amount of toxic assets of the Greatwood Bank, which were debts that were very difficult to enforce and properties that had suffered significant price falls, as well as companies that had been mortgaged.

The anonymous document shows that the total amount of these non-performing assets is 15 billion US dollars. The reason why the Greatwood Bank sold its shares in the Tang Dynasty Bank was to cash in on this opportunity. Specially, it avoided the scrutiny of the shareholders' meeting and secretly replaced these non-performing assets.