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Chapter 478: The Morgan family reluctantly cuts the flesh

The Roll family ended the era of Old Roll's talk, and his nephew Paul Roll was pushed to the front by the family's elders.

Paul is fifty years old this year, but this age is the golden time for a man's life. After all, men at this time have taken off their childish cloak and entered a period of maturity and stability.

Paul was originally the manager of the Roll family bank. He has performed well within the family in recent years, so he became the first choice target for the veterans.

When Paul knew that he had become the person in charge of the Roll family, he looked unbelievable. After all, he knew that his uncle, Lao Luo, had been in charge of the Roll family for more than 50 years. It can be said that Lao Luo's time in power made many people feel desperate, and many people thought they would not have the chance to take office in Lao Luo's lifetime.

As a result, Paul never expected that when his uncle was still lying in the hospital, his nephew actually snatched his uncle's seat with the help of the elders of the family.

However, Paul is not a simple person. Anyway, it has become a reality now. The Roll family is currently facing this dilemma, so he can only push all other ideas in his heart aside and solve the family's affairs first.

As a result, Paul only took office for a few days, he received news from the hospital that his uncle had passed away.

When Paul heard the news, his originally uneasy heart finally let go, and the shadow in his heart disappeared. After all, others may not have much knowledge of his uncle, but as Lao Luo's nephew, Paul deeply knows his uncle's power.

When he was very young, his uncle had become the most powerful man in the Roll family. At that time, Paul often visited his uncle's house. Perhaps Old Roll only regarded Paul as a child at that time, so he was not prepared for anything. So during that time, Paul met his uncle's most real side.

Coldness and ruthlessness are Paul's main evaluation of this uncle. At the same time, his uncle's methods of treating the enemy also made him feel a chill from the depths of his soul. It is hard to imagine how cruel this kind-looking old man is deep in his heart without seeing Old Roll's methods.

Many years later, when the Roll family was completely defeated by Lin Feng, Paul was no longer the person in charge of the Roll family. When he retired, he also found someone to write a book for his uncle Old Roll, the name was "My Demon Uncle Roll".

Regarding the change of the matter within the Luoer family, Zhao Yun also received the news and immediately reported the situation to Lin Feng. After all, Starry Sky Group and Luoer family fought so fiercely in Europe, Lin Feng must have Zhao Yun stared at the situation there.

When Lin Feng heard the news from Zhao Yun, he frowned slightly, and then picked up the information about Paul, the latest story of the Roll family, who passed it back together.

When Lin Feng saw the contribution Paul had made to their family's bank, his frown stretched out again and the corners of his mouth rose slightly because he saw a little trick in this information.

"Zhao Yun, please help me investigate the situation of Paul when he was a bank manager, especially about his cooperation with the Bank of England. I want very detailed information, the better I read it."

After Lin Feng talked to Zhao Yun on the phone, he continued to look at the information on the information.

According to this information, Paul's battle to become famous was to lead the Roller family's bank and the Bank of England to reach a cooperation. It took a month to make half a year of profit for the Roller family. It can be said that this incident caused a huge sensation within the Roller family at that time.

It is precisely because of this incident that the name of Paul appeared in the ears of the elders of their family. It seems that this young man is very good.

However, Lin Feng always felt that there was other tricks behind this matter through the information sent by Zhao Yun. However, Lin Feng didn't know what was wrong with this at the moment, but Lin Feng always believed in his sixth sense, and Paul was definitely having problems.

When Zhao Yun heard that Lin Feng wanted Paul to do the information in the battle with the Bank of England, he quickly sent people to participate in the investigation. After all, more than two years have passed since this incident, and the incident still happened abroad, so Zhao Yun needs to spend some time investigating to get the results.

Just when the Roll family was hit hard, the Morgan family, far away on the other side of the ocean, was not very hard to bear.

Recently, old Morgan felt that his hair, which was not much above his head, had become even thinner. After all, what happened in the past few days had really hit the Morgan family too much.

After Bafiter had no concern about the agreement reached with the Morgan family to withdraw funds from Stanley, the Morgan family had one bad thing after another.

Although Morgan borrowed a loan from Citibank in time to keep the stock price, causing Stanley's stock price to not plummet under Lin Feng's many short selling, this situation is only temporary.

Not long after Bafeteria withdraws funds from Stanley, the bears on Wall Street also began to smell the smell. Their sources of information were also very strong. In addition, Lin Feng deliberately released the news, so many people knew about Stanley.

At the beginning, only one brave short-selling giant began to enter the market to short Stanley, and others were still watching outside. After all, the Morgan family is still very deterrent in M ​​Country. Not every short-selling institution dares to short the stocks of this family. After all, if you are not careful, you may be hit by the other party's counterattack.

However, when the first short selling institution entered the market, the Morgan family did not react at all, so the second short selling institution began to enter the market, but the Morgan family still did not respond. So the third and fourth short selling institution began to enter the market, and more and more institutions began to enter the market to short the Stanley stock price.

In fact, the Morgan family has long known about those short-selling institutions. It’s not that they don’t want to fight back against those short sellers and shock the people who covet their family. However, once they start investing money in the market, Lin Feng’s funds will always come out to suppress the Morgan family’s funds.

This time, the feng shui really changes.

Before, the Morgan family was watching Lin Feng's funds to suppress it. As long as Lin Feng takes action, they will suppress it, resulting in Lin Feng's inability to suppress the stock price of Stanley.

Now when the Morgan family wants to raise the stock price of Stanley, Lin Feng takes the initiative to short and suppress the funds of the Morgan family. As a result, the Morgan family has tried several times but has not been able to raise the stock price of the company.

If the Morgan family invested all the funds in one go, maybe Lin Feng's funds might not be able to suppress the other party, but old Morgan is a very cautious person. He could not be able to bet with so much money. After all, once he read it wrong, it would not be like playing games, but would directly lose tens of billions of dollars.

So one side shrank, maybe let go of his hands and feet and dared to make a bold move, while the other side was unscrupulous. The result of the confrontation was also obvious, and Lin Feng won.

The failed counterattack of the Morgan family has attracted a lot of short-selling funds. After all, on Wall Street, as long as you can make money, the funds will flow wherever you want. Even if the other party is a big family like the Morgan family, those funds will not be afraid of.

As more and more short-selling institutions are increasing, Stanley's stock price can't hold on anymore, and the stock price has begun to fall. Although the Morgan family is constantly taking over the market, there is no way. Too many people short. The Morgan family's funds may be a lot for Lin Feng, but for the short-selling funds on the entire Wall Street, it is a bit slim.

Stanley's continued decline, and Citibank also became anxious.

After all, the Morgan family used Stanley's shares as collateral to borrow money. Although Morgan has favored the president of Citigroup, this kind of favor is nothing in the face of interests.

As Stanley's stock price continued to fall below the risk line, people from Citibank also came to the door, either adding some margin or collateral to the Morgan family, or paying back the money.

There is no need to think about paying back the money. After all, the Morgan family spends money from Citi to continuously purchase Stanley's stock. Judging from the current situation, the Morgan family can only continue to hold on and cannot give up and sell the stock. If this is true, Stanley's stock price may directly fall to the floor price.

So there was no choice but to start asking Morgan Investment Bank to start selling some of the company's medium- and long-term bonds in exchange for working capital.

But at this time, the situation of the Morgan family was quickly revealed to the newspaper by Lin Feng, so the news of the Morgan family's shortage of funds was reported. For a moment, many depositors went to Morgan Bank to withdraw their deposits. After all, they also knew that the current national financial crisis was very serious. If Morgan Bank also went bankrupt, their money would not be able to be brought back.

So Morgan Bank, the most profitable company in the Morgan family, encountered a bank run.
Chapter completed!
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