Rebirth of the Great Entertainment Empire

v1 Chapter 558: dance partner

Wednesday, October 21, 1987.

Exchange-listed companies have regained some confidence thanks to strong intervention from the U.S. government and the Federal Reserve, with Bankers Trust saying it will guarantee clients' financial needs under any circumstances.

So soon after the New York Stock Exchange opened, G.A.F bought back $7 million, or 21 percent of the company's stock.

At the same time, a sudden burst of money into the stock market sweeps stocks.

Unlike G.A.F's purposeful repurchase of its own company's stock, after this capital entered the stock market, it seemed to sweep the stock without a clear purpose - Walmart, Exxon Mobil, Apple, Berkshire Hathaway , McKesson, AmerisourceBergen, Chevron, General Electric, Telegraph, The Coca-Cola Company, Westinghouse, Express, The Boeing Company, Costco, Kroger, Amazon, Walgreens, Hewlett Packard Company, Cardinal, Microsoft, Pemex, Pepsi, Intel...

This amount of money is extremely large, so large that it must be more than 20 billion US dollars.

Companies that are targeted by this fund will also be acquired with about 5% of the equity, such as Wal-Mart, Apple, Microsoft, Intel, PepsiCo and other companies with lower stock prices are even swept away by this fund. Into more than 15% of the shares!

This funding is like a torrent, rushing out a bright gap in the overwhelming black mist spread by "Black Monday"!

Just when this fund was about to decline, several large sums of funds appeared one after another into the stock market to buy stocks.

Immediately after that, about 650 companies publicly announced that they would repurchase their company's shares in the open market, and some large companies such as Ford and Honeywell directly repurchased their company's shares.

These large sums of funds swept the stock market and the large-scale repurchase behavior of listed companies had a very positive effect on the stock market. The large number of stock acquisitions in the market can prove more than any behavior that the actual creditworthiness of the companies whose stocks were acquired is far from good. Far more than the stock price reflected in the stock market.

These actions undoubtedly gave a boost to the weakened Wall Street, causing the Dow Jones Index to rise from 1717 points to 1966 points on October 21st alone. Picked up two hundred and forty-nine points.

Such a big recovery has even brought a glimmer of hope and a glimmer of delusion to those debtors who are immersed in grief - is the stock market crash coming to an end?

Is the disaster really coming to an end?

How is it possible - during this stock market crash, nearly 1,600 stocks plummeted by about 30%, and some even fell by one or two times. The stock prices of a small number of companies have rebounded a bit. How can the impact of the stock market crash be completely eliminated?

You must know that people who are directly engaged in stock investment in the United States account for about a quarter of the country's population. These people are basically distributed in the age group with the strongest purchasing power. The stock market crash made these people rely on stock dividends, dividends and investing in stocks People who arrange their lives for profit are hit hard.

The potential threat to the U.S. economy from this stock market crash is actually concentrated in the investment field. The U.S. business community needs to rely on foreign capital to expand investment, and the government also needs to use foreign capital to make up for fiscal deficits. In the first half of 1987 alone, foreign capital purchased approximately US$200 billion worth of stocks on Wall Street. In this stock market crash, the vitality of foreign capital was greatly damaged, and confidence was severely dampened.

Not to mention foreign capital, even investors in the United States have lingering fears-many companies are afraid to issue new shares due to falling stock prices, and some companies have been inhibited from expanding production. By some estimates, business investment in the U.S. will fall by about $25 billion by next year, and a slowdown in production growth is a foregone conclusion.

The biggest damage to the U.S. economy is that the stock market crash has cast a vote of no confidence—reduced business investment, exacerbated worker unemployment, and a serious decline in the living standards of many Americans, which will certainly cause serious social problems.

...

Biltmore Estate, the largest private estate in the United States.

At this moment, important figures from the four major American families and the top ten consortiums are holding a dance party at this manor - not only the Texas consortium, the Boston consortium, the Chicago consortium, the California consortium, the first Citibank consortium, the Rockefeller consortium, the Morgan consortium. , DuPont consortium, Mellon consortium, Cleveland consortium also have important figures to participate.

In name, this dance was to celebrate Xu Cun's birthday, but in fact it was to celebrate their group of people who made a lot of black money in this stock market crash.

As for why people from the Rockefeller Consortium, the Morgan Consortium, the DuPont Consortium, the Mellon Consortium, and the Cleveland Consortium also came, Xu Cun really doesn't know, because all the guests of this ball are the organizers of the ball. Francis Adams, John F. Kennedy Jr., Howard Roosevelt invited ~lightnovelpub.net~ Bush Jr., Bill Francis Adams, John F. Kennedy Jr., Howard Roosevelt not only arranged the guests for Xu Cun, but also helped Xu Cun There was a dance crew, a part-time model who was currently debating whether to study law or turn full-time - Monica Bellucci.

Monica Bellucci is not American, but Italian.

Appearing in New York, Monica Bellucci was also surprised - Monica Bellucci was born in a small Italian village called Cittadi Castello (Cittadi Castello) and grew up there, her father was A trucking company operates there. At the age of eighteen, Monica Bellucci entered the University of Perugia and planned to study law. In order to raise tuition fees, in her spare time, Monica Bellucci began to work as a part-time model.

But what Monica Bellucci did not expect was that she, who was originally determined to become a lawyer, went further and further on the road of modeling, so that she had no chance to return to her law class.

actually--

Monica Bellucci is not very fond of the modeling profession.

What makes Monica Bellucci embarrassed is that she doesn't know to give up the model career that seems to be very promising now, and to gamble on the career that is not very promising, right?

It was at this time that Monica Bellucci was first asked a very private question, and then participated in an inexplicable selection.

After that, after some competition, Monica Bellucci, who successfully qualified, received the equivalent of 200,000 US dollars in lira, and was sent to Biltmore Manor by a private plane from Perugia, Italy.

After that, Monica Bellucci became Xu Cun's dance partner.

...