Latest website: Richard Kimmelon didn’t guess wrong. This incident was planned and executed by Xia Yu from the beginning to the end.
And Joseph Chretien himself knew and agreed.
Regardless of how Joseph Chretien wanted to participate in the general election, in fact, he himself knew very well that the probability of success was too low. The reason for wanting to participate was nothing more than the idea of fighting it in his heart.
Anyway, as long as you participate in the election, even if you are unsuccessful, then at least you will have exposure and richer experience. These things are the foundation of the next general election.
After Barlow Pierce, the general manager of the campaign, told him about this proposal in private, Joseph Chretien yelled at Barlow Pierce as a lunatic.
But after he calmed down, he thought of Ronald Reagan in the United States, who had also been shot.
Although he was shot after the election, the result was that after he was discharged from the hospital, the American people's support for him soared.
This is a precedent set here.
So, desperate for the position of Canadian Prime Minister, he agreed to fight hard, and with bitterness, as long as he didn't die, he would be able to fly into the sky.
Of course, it can also eliminate the risk that bank capital may counterattack ahead of time.
He was "arranged" for a shot in advance by his own people, so no one would dare to assassinate him again, because the result would be overwhelmed by the crazy Canadian people.
It's worth a shot to change your political future!
Joseph Chretien's operation was very successful. It was just a shot, and it was not a vital part. The bullet was only a 0.22 caliber bullet, but he still needs to be recuperated in the hospital.
Although Joseph Chretien could not go all over the country to give a speech on competition, but the topic of public opinion about him is increasing day by day, and his reputation is getting better and better and louder.
Not only the media controlled by Xia Yu behind the scenes continue to report positively, but also other media continue to report for hot spots.
At the same time, the media continues to fan the flames of bank capitalists and the Progressive Conservative Party.
The reputation of the Progressive Conservative Party and Martin Bryan continued to decline, and the results of the polls reversed rapidly.
Of course, even in the hospital, Joseph Chretien did not forget to show, and the effect of the show was great.
The consequence of the soaring fame of Joseph Chretien and the Liberal Party is that Canada’s financial order collapses faster and faster, which in turn has hammered the consequences of the government’s loss of its ability to manage and intervene in the financial order. The voice is getting louder and louder.
This in turn forced the shareholders of major banks to desperately transfer assets in order to reduce the loss of banks being nationalized.
The vicious circle has taken shape.
Banks and financial companies other than the Big Six Banks have also become victims.
They don't have to worry about the company being nationalized, but if international capital invades Canada, they become lambs to be slaughtered.
The foreign exchange market collapsed, and the stock market also began to collapse.
As a last resort, Canadian domestic capital can only transfer funds to the last safe haven-the bond market.
According to the seesaw effect, the stock market plummets, the bond market will become prosperous, and the bond market will continue to soar.
Canada is doomed to be harvested, but this requires a process, and the market needs to squeeze out all the benefits.
At this critical time.
The problems of the Chicago consortium have worsened.
All core listed companies of the Chicago Consortium have been maliciously shorted.
Among them are the hands of Xia Yu, as well as the shadows of other consortia and financial institutions.
The bank of Illinois on the mainland, at the center of the storm, just got the $3.6 billion loaned by the Reserve Bank of Chicago on May 27, but on May 30, plus the $770 million that the original bank still had, it was all on May 31. It was all taken out on this day.
Only eight days have passed since the crisis broke out!
And the mainland bank of Illinois lost 10.15 billion US dollars of funds!
Occupies more than a quarter of the bank's total assets!
And the rate of capital loss has not declined.
The Continental Bank of Illinois can only hope for a 30-day loan of US$4.5 billion from 16 banks.
However, according to the current situation, thirty days will certainly not be able to solve the problem. Once the thirty-day period has passed, the 4.5 billion US dollars of borrowing will become a bad debt and become another burden.
Therefore, many of the 16 designated banks have raised this concern.
The Federal Reserve, the Federal Insurance Company, and the U.S. Financial Institutions Inspectorate have all quarreled fiercely about this, but they are still unable to reach an agreement.
It can only be implemented in accordance with the previously agreed decision, forcing the 16 designated banks to borrow money and complete the assigned tasks as soon as possible.
This includes Wells Fargo Bank, which needs to mobilize US$300 million to lend to the Continental Bank of Illinois.
The president of Wells Fargo Bank, Alman Simmons, approved the money, but did not send the money immediately. Instead, he called James McCormick, the chairman and president of the Continental Bank of Illinois, and asked him to come out and meet him. surface.
On the morning of May 31.
James McCormick hurriedly came to an excellent western restaurant in downtown Chicago and met Alman Simmons.
His eyebrows were already burning, James McCormick had no time to waste. He just sat down and asked straightforwardly: "President Simmons, you said you have a way to help us, what is the way?"
Alman Simmons was not in a hurry, he smiled unhurriedly and said: "President McCormick, don't worry, let's order coffee first, don't let the waiter wait in a hurry."
James McCormick's face changed slightly, he took a deep breath, and said directly to the waiter next to him: "Thank you for a latte."
Alman Simmons also ordered a cup of coffee, and then the waiter left the box.
"Go ahead, President Simmons, what is your purpose for looking for me?"
James McCormick asked again.
Alman Simmons smiled and said: "Actually, I really intend to help you. At the moment, the premise is whether you are willing to accept my help."
"Mainland Illinois Bank's capital flow is basically exhausted, and the rest are assets that cannot be processed in a short period of time, or assets that have turned into non-performing assets after the crisis broke out."
"We at Wells Fargo Bank have funds, but how much can be taken from us depends on how much you can put out the chips I need."
James McCormick's heart sank, knowing that Alman Simmons was ready to take advantage of the fire.
But he could only hold back his anger and asked: "President Simmons, you just say, what assets of our bank do you have a fancy?"
Alman Simmons smiled slightly and said: "It's not that we are interested in your assets, we just accepted the client's entrustment."
James McCormick gave an unconfirmed cry, he didn't believe what Alman Simmons said.
Of course, he doesn't have the mind to explore now. He just wants to make money, crazy money, to save the life of the Continental Illinois Bank, and to extend the life of his McCormick family.
"What is the asset?"
Yalman Simmons said with a smile: "I remember that your company has a certain business relationship with Motorola, and also owns a part of the equity."
"We are willing to invest in this part of the equity to provide you with valuable funds."
To James McCormick's words, it was very harsh, as if he were a homeless man who was given alms.
However, his desire for funds suppressed his dissatisfaction: "Yes, our bank has a part of Motorola's equity, which totals 4.65%."
"I was personally responsible for this equity."
"If you want, we can sell it to you, but in terms of price, how much do you plan to sell?"
"300 million dollars!"
Alman Simmons uttered a few words lightly.
But James McCormick's eyes widened, staring at Alman Simmons angrily and said:
"are you joking?"
"Of course not, I'm making a sincere price."
Aalman Simmons said solemnly.
James McCormick said angrily: "Impossible. This is seriously inconsistent with the value of this equity. Motorola has just launched a mobile phone. Even if I did not pay special attention to it, I know its market feedback is very good. Motorola The future of the company is infinitely bright. Even if you don’t want it, there will definitely be others who want it.”
Yalman Simmons responded with a calm attitude: "No one knows the future of Motorola. In history, great companies have disappeared, and there is no shortage of Motorola."
"If you don't sell it to me now, you won't be able to sell it for $300 million until later."
"Even if the mainland Illinois Bank fails, the assets will be liquidated."
"Even if it does not go bankrupt, is taken over by the Federal Insurance Company or the Federal Reserve, or acquired by J.P. Morgan Bank, let alone Motorola's equity, even if it is the equity of other companies, it has nothing to do with you."
James McCormick was so furious by Alman Simmons, his chest rose and fell rapidly, his eyes fixed on Alman Simmons, but the latter was calm and unmoved at all.
Slowly, James McCormick's anger gradually dissipated, because Alman Simmons talked about things that were very likely to happen, and he himself had deduced many times and the results were almost the same.
The best thing for him is to keep the Mainland Bank of Illinois.
Even if it can't be saved, he should spend more money to delay the time, so that he has more time to save more assets for the McCormick family.
It's just that Motorola's market value has risen to $7.8 billion some time ago.
The 4.65% equity, based on market value, is valued at more than US$360 million.
Arman Simmons offered 300 million US dollars, not what is robbery?
"300 million dollars is impossible, at least 500 million dollars."
James McCormick said firmly.
"Tuk Tuk!"
"Sir, your coffee is ready."
At this moment, a knock on the door sounded, and the voice of the waiter came from outside the door.
The almost quarrelsome negotiation was suddenly interrupted.
"Come in!"
Alman Simmons said to the door, and then the waiter pushed in the car and brought the two cups of coffee in front of them: "Please take your time."
"Thanks."
Alman Simmons smiled and said, then gave a fifty-dollar tip to the waiter, who exited the box with a surprise smile.
"President McCormick, you might as well take a sip of coffee and calm down."
"I have always been calm!"
James McCormick said coldly, but he still showed some face, picked up his coffee, and simply took a sip.
His favorite coffee in the past is now tasteless.
After putting down the cup, he still maintained his original attitude: "I still have that attitude, at least 500 million US dollars."
"President McConnick, I think it is difficult for us to be friends."
"By the way, we will abide by the decisions made by the Federal Reserve, the Federal Insurance Corporation and the Prosecutor's Office of Financial Institutions, as well as the assigned tasks, but we still need a certain amount of time to raise the 300 million US dollars of credit funds."
After speaking, Alman Sears got up, ready to go out.
James McCormick's face turned dark for an instant, until Alman Simmons was about to walk to the door, he finally lowered his head and shouted Alman Simmons: "Wait!"
"We can still talk."
The corner of Alman Simmons's mouth facing the box door curled up, then converged, turned slowly, and returned to his original position.
"I can sell the equity to you at market value parity, but your $300 million loan must be credited to our bank account today."
Alman Simmons said without delay: "It's okay to calculate the value based on market value, but I have another requirement. Of course, this requirement is also good for you."
James McCormick's face went dark, and it's good for you to fuck, this sentence will only be believed unless he gets a brainstorm.
But in order to ask others, he also had to go down in a low voice:
"Please say."
"I want to buy a 13.8% stake in Northern Trust Bank."
Alman Simmons threw another hunting target.
Northern Trust Bank, one of the four major banks of the Chicago Consortium, is currently in the hands of the Kron family. Although the bank is only the last of the four major banks ~www.novelhall.com~, it is a real large bank.
The Mainland Bank of Illinois actually holds a 13.8% stake in Northern Trust Bank.
Of course, Northern Trust Bank is also currently in crisis. This bank has also fallen into the deep pit of South American sovereign debt. This time it was implicated by the Mainland Bank of Illinois and a run broke out. The funding chain was very tight and there were bankruptcies. risks of.
Last year, Northern Trust Bank’s net profit was only 21 million U.S. dollars. Compared with its bank assets of more than 28 billion U.S. dollars, it looks terrible.
But it is undeniable that this is a large bank with more than 28 billion U.S. dollars in assets. Although the crisis has now broken out, some of its assets have become non-performing assets.
just……
If this 13.8% stake in Northern Trust Bank is sold, the problem will be serious...
Latest website: Richard Kimmelon didn’t guess wrong. This incident was planned and executed by Xia Yu from the beginning to the end.
And Joseph Chretien himself knew and agreed.
Regardless of how Joseph Chretien wanted to participate in the general election, in fact, he himself knew very well that the probability of success was too low. The reason for wanting to participate was nothing more than the idea of fighting it in his heart.
Anyway, as long as you participate in the election, even if you are unsuccessful, then at least you will have exposure and richer experience. These things are the foundation of the next general election.
After Barlow Pierce, the general manager of the campaign, told him about this proposal in private, Joseph Chretien yelled at Barlow Pierce as a lunatic.
But after he calmed down, he thought of Ronald Reagan in the United States, who had also been shot.
Although he was shot after the election, the result was that after he was discharged from the hospital, the American people's support for him soared.
This is a precedent set here.
So, desperate for the position of Canadian Prime Minister, he agreed to fight hard, and with bitterness, as long as he didn't die, he would be able to fly into the sky.
Of course, it can also eliminate the risk that bank capital may counterattack ahead of time.
He was "arranged" for a shot in advance by his own people, so no one would dare to assassinate him again, because the result would be overwhelmed by the crazy Canadian people.
It's worth a shot to change your political future!
Joseph Chretien's operation was very successful. It was just a shot, and it was not a vital part. The bullet was only a 0.22 caliber bullet, but he still needs to be recuperated in the hospital.
Although Joseph Chretien could not go all over the country to give a speech on competition, but the topic of public opinion about him is increasing day by day, and his reputation is getting better and better and louder.
Not only the media controlled by Xia Yu behind the scenes continue to report positively, but also other media continue to report for hot spots.
At the same time, the media continues to fan the flames of bank capitalists and the Progressive Conservative Party.
The reputation of the Progressive Conservative Party and Martin Bryan continued to decline, and the results of the polls reversed rapidly.
Of course, even in the hospital, Joseph Chretien did not forget to show, and the effect of the show was great.
The consequence of the soaring fame of Joseph Chretien and the Liberal Party is that Canada’s financial order collapses faster and faster, which in turn has hammered the consequences of the government’s loss of its ability to manage and intervene in the financial order. The voice is getting louder and louder.
This in turn forced the shareholders of major banks to desperately transfer assets in order to reduce the loss of banks being nationalized.
The vicious circle has taken shape.
Banks and financial companies other than the Big Six Banks have also become victims.
They don't have to worry about the company being nationalized, but if international capital invades Canada, they become lambs to be slaughtered.
The foreign exchange market collapsed, and the stock market also began to collapse.
As a last resort, Canadian domestic capital can only transfer funds to the last safe haven-the bond market.
According to the seesaw effect, the stock market plummets, the bond market will become prosperous, and the bond market will continue to soar.
Canada is doomed to be harvested, but this requires a process, and the market needs to squeeze out all the benefits.
At this critical time.
The problems of the Chicago consortium have worsened.
All core listed companies of the Chicago Consortium have been maliciously shorted.
Among them are the hands of Xia Yu, as well as the shadows of other consortia and financial institutions.
The bank of Illinois on the mainland, at the center of the storm, just got the $3.6 billion loaned by the Reserve Bank of Chicago on May 27, but on May 30, plus the $770 million that the original bank still had, it was all on May 31. It was all taken out on this day.
Only eight days have passed since the crisis broke out!
And the mainland bank of Illinois lost 10.15 billion US dollars of funds!
Occupies more than a quarter of the bank's total assets!
And the rate of capital loss has not declined.
The Continental Bank of Illinois can only hope for a 30-day loan of US$4.5 billion from 16 banks.
However, according to the current situation, thirty days will certainly not be able to solve the problem. Once the thirty-day period has passed, the 4.5 billion US dollars of borrowing will become a bad debt and become another burden.
Therefore, many of the 16 designated banks have raised this concern.
The Federal Reserve, the Federal Insurance Company, and the U.S. Financial Institutions Inspectorate have all quarreled fiercely about this, but they are still unable to reach an agreement.
It can only be implemented in accordance with the previously agreed decision, forcing the 16 designated banks to borrow money and complete the assigned tasks as soon as possible.
This includes Wells Fargo Bank, which needs to mobilize US$300 million to lend to the Continental Bank of Illinois.
The president of Wells Fargo Bank, Alman Simmons, approved the money, but did not send the money immediately. Instead, he called James McCormick, the chairman and president of the Continental Bank of Illinois, and asked him to come out and meet him. surface.
On the morning of May 31.
James McCormick hurriedly came to an excellent western restaurant in downtown Chicago and met Alman Simmons.
His eyebrows were already burning, James McCormick had no time to waste. He just sat down and asked straightforwardly: "President Simmons, you said you have a way to help us, what is the way?"
Alman Simmons was not in a hurry, he smiled unhurriedly and said: "President McCormick, don't worry, let's order coffee first, don't let the waiter wait in a hurry."
James McCormick's face changed slightly, he took a deep breath, and said directly to the waiter next to him: "Thank you for a latte."
Alman Simmons also ordered a cup of coffee, and then the waiter left the box.
"Go ahead, President Simmons, what is your purpose for looking for me?"
James McCormick asked again.
Alman Simmons smiled and said: "Actually, I really intend to help you. At the moment, the premise is whether you are willing to accept my help."
"Mainland Illinois Bank's capital flow is basically exhausted, and the rest are assets that cannot be processed in a short period of time, or assets that have turned into non-performing assets after the crisis broke out."
"We at Wells Fargo Bank have funds, but how much can be taken from us depends on how much you can put out the chips I need."
James McCormick's heart sank, knowing that Alman Simmons was ready to take advantage of the fire.
But he could only hold back his anger and asked: "President Simmons, you just say, what assets of our bank do you have a fancy?"
Alman Simmons smiled slightly and said: "It's not that we are interested in your assets, we just accepted the client's entrustment."
James McCormick gave an unconfirmed cry, he didn't believe what Alman Simmons said.
Of course, he doesn't have the mind to explore now. He just wants to make money, crazy money, to save the life of the Continental Illinois Bank, and to extend the life of his McCormick family.
"What is the asset?"
Yalman Simmons said with a smile: "I remember that your company has a certain business relationship with Motorola, and also owns a part of the equity."
"We are willing to invest in this part of the equity to provide you with valuable funds."
To James McCormick's words, it was very harsh, as if he were a homeless man who was given alms.
However, his desire for funds suppressed his dissatisfaction: "Yes, our bank has a part of Motorola's equity, which totals 4.65%."
"I was personally responsible for this equity."
"If you want, we can sell it to you, but in terms of price, how much do you plan to sell?"
"300 million dollars!"
Alman Simmons uttered a few words lightly.
But James McCormick's eyes widened, staring at Alman Simmons angrily and said:
"are you joking?"
"Of course not, I'm making a sincere price."
Aalman Simmons said solemnly.
James McCormick said angrily: "Impossible. This is seriously inconsistent with the value of this equity. Motorola has just launched a mobile phone. Even if I did not pay special attention to it, I know its market feedback is very good. Motorola The future of the company is infinitely bright. Even if you don’t want it, there will definitely be others who want it.”
Yalman Simmons responded with a calm attitude: "No one knows the future of Motorola. In history, great companies have disappeared, and there is no shortage of Motorola."
"If you don't sell it to me now, you won't be able to sell it for $300 million until later."
"Even if the mainland Illinois Bank fails, the assets will be liquidated."
"Even if it does not go bankrupt, is taken over by the Federal Insurance Company or the Federal Reserve, or acquired by J.P. Morgan Bank, let alone Motorola's equity, even if it is the equity of other companies, it has nothing to do with you."
James McCormick was so furious by Alman Simmons, his chest rose and fell rapidly, his eyes fixed on Alman Simmons, but the latter was calm and unmoved at all.
Slowly, James McCormick's anger gradually dissipated, because Alman Simmons talked about things that were very likely to happen, and he himself had deduced many times and the results were almost the same.
The best thing for him is to keep the Mainland Bank of Illinois.
Even if it can't be saved, he should spend more money to delay the time, so that he has more time to save more assets for the McCormick family.
It's just that Motorola's market value has risen to $7.8 billion some time ago.
The 4.65% equity, based on market value, is valued at more than US$360 million.
Arman Simmons offered 300 million US dollars, not what is robbery?
"300 million dollars is impossible, at least 500 million dollars."
James McCormick said firmly.
"Tuk Tuk!"
"Sir, your coffee is ready."
At this moment, a knock on the door sounded, and the voice of the waiter came from outside the door.
The almost quarrelsome negotiation was suddenly interrupted.
"Come in!"
Alman Simmons said to the door, and then the waiter pushed in the car and brought the two cups of coffee in front of them: "Please take your time."
"Thanks."
Alman Simmons smiled and said, then gave a fifty-dollar tip to the waiter, who exited the box with a surprise smile.
"President McCormick, you might as well take a sip of coffee and calm down."
"I have always been calm!"
James McCormick said coldly, but he still showed some face, picked up his coffee, and simply took a sip.
His favorite coffee in the past is now tasteless.
After putting down the cup, he still maintained his original attitude: "I still have that attitude, at least 500 million US dollars."
"President McConnick, I think it is difficult for us to be friends."
"By the way, we will abide by the decisions made by the Federal Reserve, the Federal Insurance Corporation and the Prosecutor's Office of Financial Institutions, as well as the assigned tasks, but we still need a certain amount of time to raise the 300 million US dollars of credit funds."
After speaking, Alman Sears got up, ready to go out.
James McCormick's face turned dark for an instant, until Alman Simmons was about to walk to the door, he finally lowered his head and shouted Alman Simmons: "Wait!"
"We can still talk."
The corner of Alman Simmons's mouth facing the box door curled up, then converged, turned slowly, and returned to his original position.
"I can sell the equity to you at market value parity, but your $300 million loan must be credited to our bank account today."
Alman Simmons said without delay: "It's okay to calculate the value based on market value, but I have another requirement. Of course, this requirement is also good for you."
James McCormick's face went dark, and it's good for you to fuck, this sentence will only be believed unless he gets a brainstorm.
But in order to ask others, he also had to go down in a low voice:
"Please say."
"I want to buy a 13.8% stake in Northern Trust Bank."
Alman Simmons threw another hunting target.
Northern Trust Bank, one of the four major banks of the Chicago Consortium, is currently in the hands of the Kron family. Although the bank is only the last of the four major banks ~www.novelhall.com~, it is a real large bank.
The Mainland Bank of Illinois actually holds a 13.8% stake in Northern Trust Bank.
Of course, Northern Trust Bank is also currently in crisis. This bank has also fallen into the deep pit of South American sovereign debt. This time it was implicated by the Mainland Bank of Illinois and a run broke out. The funding chain was very tight and there were bankruptcies. risks of.
Last year, Northern Trust Bank’s net profit was only 21 million U.S. dollars. Compared with its bank assets of more than 28 billion U.S. dollars, it looks terrible.
But it is undeniable that this is a large bank with more than 28 billion U.S. dollars in assets. Although the crisis has now broken out, some of its assets have become non-performing assets.
just……
If this 13.8% stake in Northern Trust Bank is sold, the problem will be serious...
