Rebirth 79: I opened a bank in the United States

Chapter 961 News of Market Closing

IBM's inventory in New York, as well as ROG's inventory in New York, are in emergency delivery.
Even if the two major computer companies jointly dispatched warehouses to support the New York Stock Exchange, it would take time to install, debug, and network with the original [-] microcomputers of the New York Stock Exchange!
Before this process is over, what is presented to Carter and the others is
截至10月19日中午11点50分，纽交所内的信息延迟已经长达75分钟。DOT系统内共积压了3.96亿股交易请求，且尚有超过1.2亿股，完全没有被系统执行
This number, plus, the massive number of deals that were executed, but did not succeed from the matchmaker!

The panic in the market is spreading rapidly.
"Mr. Luther, do you want to temporarily consider closing the stock market now! Wait for our new computer configuration to be completed, and wait for the system that is running now to deal with the backlog in front of us before opening the market! At that time, the funds on Carter's side I can also enter, at least it won't make the situation look so one-sided!"

One report after another sounded in the Oval Office. Even though they were not in New York, everyone could still feel the panic in that city.
The stock market crash in 1929 can be described as a nightmare in the hearts of every American.Think back then, think now.
The stock market crash has happened and is happening!
The candidate for the rescue has been found, but now I can't get in
I have to say that this was a very painful thing for everyone present except Carter.

Only Carter, now happy and leisurely, like a bystander, quietly watching everything that happened in front of him!The system of the New York Stock Exchange collapsed. It’s no wonder that someone in Zakaka was not patriotic and didn’t help
Isn't this helpless now? !Those gains in the back. Eat it with tears!Eat it with tears.
"No, Mr. Reagan! Once the market is closed, it will only exacerbate the panic! Although the stock price has fallen, the transaction is still going on, and everyone still has hope in their hearts. But if the market is closed, it means that they have thousands of dollars in their hands. All the stocks have lost their liquidity. According to the current trend, it will be delayed until tomorrow. No, I am afraid that quite a few people will jump off the building tonight!"

"We won't delay until tomorrow! Mr. Luther, isn't the current panic strong enough? You just need to suspend trading for two hours, wait for the system to finish processing the backlog of work, and wait for the new computing power configuration to be completed. Carter's side Funds can enter the market immediately! This is the best solution now!"

The timing of the stock market crash in 87 is not ingenious, and today there are two major financial giants in the United States.Treasury Secretary Baker is visiting West Germany, and Greenspan has also gone to other places to inspect the local Federal Reserve system.
After all, he doesn’t have the arrogance of a king in the novel. Facing the Federal Reserve, where the government and private capital coexist, and there are factions of all sizes. Twelve Federal Reserve Districts, there are twelve organizations like Big Mountain on the surface.
In the words of someone, "I will call you Chairman if I give you face, but if I don't give you face, I will send you to hell!"

It is said to be an investigation, but in fact it does not include the purpose of communicating with those "kings of the mountain" to collect power.Everyone understands this.
Understandable is understood, now the stock market crash happened!Something happened!

None of the most relevant managers were there.Although the chairman of the SEC is here, his level is ultimately
Faced with the pressure of Genzige, David Luther had to compromise
"Well, let me try to release the news, don't really close the market. It is a news that the market may be closed, and then...you see the result"

David Luther's eyes finally stayed on Carter, and Carter saw a trace of pleading in his eyes.
Facing Reagan, who was an actor, and people like Old Bu, David Luther knew very well that they had no idea what the financial market was.After the news of the possible closing of the market spreads out, what kind of results will it bring, but Carter will not be ignorant
Once Carter, the guy with a large amount of bailout funds in hand, expressed his objection, he believed that the two of them, Old Bu, would definitely give up this idea.

It's just that Carter ignored his eyes
Talking about the current situation of the Federal Reserve and possible follow-up measures, Carter's eyes never fell on David Luther.

It wasn't until Brother Genzi asked Luther to leave the room that Carter dared to look away
He did it on purpose!

At [-]:[-] p.m., Carter saw David Luther's public speech on the TV in the office: "At a critical moment, although we don't know when this critical moment will be, I will trade with stocks. The exchange was discussed temporarily shutting down."

As soon as the news came out, the stock market reacted extremely quickly.
The panic intensified further!
In just one hour, the Dow fell more than 250 points, and the stock trading volume directly exceeded 3 million shares from the original nearly 4 million shares.The extent of the decline in this hour is astonishing!

Dow drops more than 100 points as stock volume rises by more than [-] million shares
Even the computer processing delay of the New York Stock Exchange directly broke through 100 minutes.All major indexes and price displays are all invalid!
The already disordered market has become even more chaotic!
By this time, everyone realized something was wrong.
Reagan put down the question of what kind of statement the federal government should issue, picked up the phone and called David Luther, asking him to find an official from the SEC to clarify: the federal government has no plans to close the exchange!
"Carter, we can't wait any longer! Start buying now!"

While Reagan was on the phone, Bush also spoke to Carter.

To this, Carter naturally nodded in agreement, got up and went outside the office, and called Chris.
However, it's too late!

The chairman of the SEC just said that he was discussing with the New York Stock Exchange to close the market, and then a small SEC official jumped out and said that the SEC has no plan to close the market.
When ordinary people see this scene, whose speech will they trust more?

Even if Carter took the shot and threw out a large purchase order of 300 billion US dollars at one time, the market only rebounded slightly.With the new computer gradually starting to work, the processing speed of the trading market has recovered to a certain extent.
However, the buy order added after one o'clock still shows that the transaction is successful after two o'clock!
The increase in purchases shown one by one has boosted the confidence of some gamblers and followed them to buy.But the market is not a one-man show after all.
When the first round of transactions is completed, the second round of transactions is being processed, or in the queue, the market that has not seen the continued increase in buy orders will usher in a new round of decline at 02:30
At this time, Carter also invested all the remaining funds in it.
The trading volume of 500 billion US dollars has increased, at least the trading volume of more than [-] million shares.This sudden huge increase once again brought the DOT system that had just improved to the verge of paralysis
(End of this chapter)