Wall Street of the third generation chaebol

＜ Twisted White Knight. (2) >

[The judiciary in partnership with the Federal Monetary Commission. The prosecutor who drew the sword. Wall Street where the wind blows.]

[The shocking actions of trust companies taking citizen deposits hostage, Detroit Chairman ‘We have a lot of cash.’ Guidance.]

[The hedge fund, which appeared as a white knight, and its affiliated banks, created a bailout fund and actively expressed support and pledged to cooperate with the Federal Monetary Commission.]

[A trust company sitting in debt. lost customers. And cold public opinion.]

[Attorney General Taft, ‘If the White Color Special Act is passed, up to 130 years in prison.’]

[Wall Street of Horror]

-The Wall Street Journal (WSJ)

🥳-

The Wall Street Journal closed the morning.

I looked at President John Pierpont Morgan sitting across from me. He was contemplating with deep sunken eyes.

“Detroit, you dug out the decaying New York. The big banks in New York were also harassing the hyenas, but it’s all good. I’m not sure about bad management or speculative forces. If you fall on such a topic, you’ll stumble the whole of New York. . Very cool.”

Commercial banks are not very fond of securities.

Some considered the loan business as sacred, but since the New York Stock Exchange was going back to its turmoil, it was a behavior that shook the head of the noble commercial banks.

So there was a side that worked with me.

“The Federal Reserve Act will now be introduced to Congress.”

“Is that already?”

“Yes, in fact, the Federal Reserve Act itself has already been drafted last year, with legal advice from the Judiciary Committee of the Federal Monetary Commission.”

“Ah, that X paper.”

Black Wednesday when I burst the rail bubble.

At that time, he tampered with the Federal Reserve Act by bringing in Paat, a Harvard graduate student who submitted the X thesis, which played a decisive role in the accusation of fraudulent accounting.

In the existing history, the draft Federal Reserve Act was passed through his hands, so I have some credibility.

“The Federal Reserve will have much stronger financial regulatory powers than the Federal Monetary Commission, and will act as a central bank, with the big New York banks sharing their shares.”

The White House has been turned upside down.

When the New York stock market panic almost shook the American economy, it jumped like a cat on fire, but when I became a white knight and suppressed it in an instant, a situation broke out.

[The White House, captivated by the majesty of the White Knight, they kept their mouths open.]

[The White House is still locked in the framework of laissez-faire.]

[McKinley, who has doubts about his qualifications as president due to outdated ideas. His re-election?]

It was powdered to the ground, and I am revered as a Wall Street hero in return. I was able to save tens of thousands of deposits thanks to my appearance as a white knight, so it would be natural.

“This time, they say it’s not Senator Eldrich, but the Lodge.”

It is a different part of the original history.

“Yeah, it doesn’t sound like a pro-trust person to come up with this bill. If they’re submitting a bill to regulate them, their credibility could be questioned.”

“That’s right, too.”

President Morgan nodded.

“The all-round lobbying of New York’s large banks has begun. They are pouring out an all-out offensive regardless of the legislative, judiciary, and executive branches. Isn’t the Federal Reserve Act a kind of behemoth that actually controls the US economy. My body is shaking.”

“In my S-Class fund, the wealth of many politicians, lawyers, and administrators is buried.”

The leash was securely fastened to these.

If they try to betray me, close the account and notify me. Any reason could be attached. As long as the fund’s return went crazy, I was the one.

“But from the moment the citizens and big banks expressed their support in the first place, it was a game we won.”

New York’s support. This is enough.

“Anyway, you’ll be busy soon. There’s going to be a total overhaul of the American economy.”

“Are you the first chairman of the Federal Reserve?”

“Yes.”

heh heh

President Morgan burst out laughing.

“Aren’t you the financial king of America now?”

Don’t fight the FED.

I got the New York financial district’s approval, and I got the ‘Fed’.

President Morgan shrugged.

“Yeonjun. Your stake is the largest.”

The Fed was not free from my breath.

***

[Detroit Chairman, ‘The New York Stock Exchange Should Be Controlled. Ordinary investors are being sacrificed for the speculators’ money play.’]

[New York Stock Exchange, ‘The New York Stock Exchange should be the hope of the American economy. Don’t be in despair Appropriate regulation is needed to prevent panic.’]

[Lodge Councilor, ‘We need a new central bank. In addition, the Securities and Exchange Commission (SEC) is prepared to introduce legislation.’]

[Federal Reserve Act passed by the Senate by a 42-35 vote.]

[Passed by the House of Representatives by 211 to 106.]

[The eminent professors of economics ‘The decline of laissez-faire has begun.’]

-The Wall Street Journal (WSJ)

Washington DC

White House.

rumbling-

“The White House is an official and has not yet made any statements. Please refrain from rumors in the press. Yes? We are not oppressing the press. It’s just spreading false information!”

“The president has not made any statements yet.”

“It’s only been a week or so! The White House is doing its best to analyze the exact cause of the New York Stock Exchange crash!”

literally turned over.

The White House Situation Room was buzzing with papers flying around, and a frame was framed that the New York Stock Exchange was about to send the economy to a goal.

Re-election is just around the corner, and a major accident has occurred.

“Look at those Dixie bastards laughing! We Republicans need to fix it! Let’s check the problem first!”

McKinley, who was fiddling with Sherman’s antitrust laws, jumped out of his chair, startled when the lights went off on his feet.

The Oval Office briefed McKinley on the current situation with economic advisers coming and going, but when they learned the situation, the Federal Monetary Commission had already passed the Federal Reserve Act.

“this…..”

The White House was thoroughly treated like a folding screen.

I felt that everything was happening outside of the administration and I had become a complete loner.

New York legislators do not respond to calls to the White House, citing a pause.

It was McKinley, who suddenly became president who burst into panic.

The chairman of Detroit, who saved the American economy from that incompetence, was praised as a hero on Wall Street.

At this rate, Yeonjun will fall into his grasp.

But McKinley was forced to sit like a savage in the Oval Office of the empty White House.

Without his intervention, things flowed like water.

“Is this what Lame Duck is?”

McKinley burst out laughing.

Lame Duck’s president was said to be inferior to a civilian no matter how much the United States was, and the civilian was quickly reduced to nothing less than air.

McKinley knew exactly what the culprit was.

“Detroit Do Morgan…”

After going through the financial monster’s hands a few times, things got salty and resolved.

The White House isn’t over because it’s ignorant. The Detroit side was more capable and chewed up the White House.

No matter how much I thought about it, it was obvious that it was Detroit that caused the panic, and negative emotions were gradually accumulating toward Detroit.

“I can’t really ask this.”

what to ask

If he wants to win the presidential election right away, he wonders if even a method of licking Detroit’s shoes and spraying them on the media will work, but the future is complicated.

Public opinion was so hot that Detroit was engulfed in the illusion that he would win if he ran for president.

McKinley couldn’t get out of his impatience right away.

“The good news is that his influence has not yet expanded outside of New York.”

Although California, the Pacific, Japan and the Qing Empire came into his hands. In the United States, his influence was strongest mainly in New York.

It is safe to say that Detroit has already benefited from the US economy, but there were physical limitations.

Even in the West, the West was still in progress.

“Secretary. How many ways can I deal with this situation?”

“It seems to be the general consensus to go to publicly praise the Detroit director by issuing a statement. Waiting for the right time…”

bang!

McKinley smashed the office table.

“You mean bowing down. The President of the United States to the capital.”

“dismissal.”

“He’s dangerous. Monopoly trusts and Federal Reserve Act. The American economy is being sucked up!”

“Yeah… it might be dangerous, but it’s also obvious that the Detroit director has resolved this panic…”

“I have no intention of closing my eyes on monopoly to avoid the situation.”

He was getting more and more obsessive.

The secretary, who was close to him, was well aware of McKinley’s disposition. A principled, stubborn president.

It goes in the right direction for America’s glory, but it always calls for a handshake when it’s not as flexible as it is now.

“…to get rid of it somehow is the future for the United States.”

The wrath of justice.

The most dangerous of the ego began to penetrate McKinley’s head.

“secretary.”

“Yes, sir.”

“Let’s issue an executive order. Call the working-level staff immediately and reserve a meeting room.”

“Yes, yes!”

The pen he held carried the weight of the crown of America.

“I’m sure you’d think…”

hedge fund headquarters.

I was sipping a Coke, roughly predicting how the White House and McKinley would react.

It’s been over a week since the panic has grown, and the White House, having completed the assessment of the situation, has been making fun of self-defense in the media without any contact.

Public opinion has long been frozen like winter.

He was spurring his lame duck.

“You really shouldn’t be re-elected, are you?”

“The Republican Party’s approval rating still overwhelms the Democrats. In fact, you’re not even classified as a Republican.”

“I’ve only met Republicans so far, so I can’t help it.”

“More than that, Master, the neoclassical building that was being built for the Federal Reserve has been completed.”

I was appointed interim chairman by a congressional resolution until the Fed was officially inaugurated.

Washington DC

The neoclassical stone building has been completed and the US Treasury Department has been informed that the interior is being filled.

“I only received from you, so now give me a chance to give.”

“No, Minister. Leave it alone.”

“Isn’t there such a thing as the least amount of affection? Just take it. Don’t worry, I prepared it with my own money.”

Secretary Gage liked that the bond business is doing so well these days thanks to me.

The bonds issued by the U.S. Treasury Department were selling hotly under the nickname of patriotic bonds due to the last war bond issuance.

America’s finances were getting stronger.

He said that it had reached a level where it could not be published because it was no longer available, and he took care of the Federal Reserve’s office like a garden with the momentum to remove the liver and gallbladder.

I looked up at the huge statue in front of the Federal Reserve building.

“Ow. Minister of Finance, this is…”

“It’s my heart. Uh huh. Leave it. Leave it alone.”

No, put something like this later.

I rubbed my eyes.

A stone statue of a white knight.

A white horse soaring vigorously and a knight statue of iron armor.

He set up a stone statue of a white knight in front of the Fed, and committed an atrocity that wrote Detroit noble under it.

Why did you write ‘With the thanks of the Ministry of Finance’ again?

What is the signature of the president of the New York Stock Exchange below it?

That’s impressive.

“Now, with this, the Federal Reserve building is complete. The United States will remember your contributions. Thank you very much. Without you, the United States would not have been able to come this far.”

“….Is that so?”

“Yeah, thanks to you, I feel like working these days. My hair is falling out less noticeably. After all, the Treasury should have a taste for making money.”

He smiled as he stroked his flat but still bald head. At the same time, seeing Minister Gage, who was proud of seeing the White Knight, said he didn’t like it again.

This novel was posted at https://readwn.com

On the one hand, the central bank has taken over the Ministry of Finance’s work, so it has less work to do, making it easier. I thought it was a bad idea, but hey, it’s not.

Every job is a living power. no way.

“Anyway, thanks to you, my life has changed. Thanks again.”

Treasury Secretary Gage hugged me tight once and went back to the Treasury, saying there was urgent work to be done.

“……”

I stared at the empty Federal Reserve Building and the White Knight.

The time it took for the Fed to be established and the work it had been doing flashed through my mind like a panorama.

it was eventful

smirked

“Is it because of me…?”

brushed his nose

It didn’t feel too bad.

I suppressed my nervousness and entered the inside of the Federal Reserve.

It was time to work.

***

“young master.”

Washington DC

Federal Reserve Office.

Inside the bustling central bank, Treasury officials and the finance directors of New York’s top 10 banks were busy preparing for work.

Republicans wanted to somehow symbolically announce the end of the panic by launching the Fed before the election.

It’s me, thank you for doing so, I nodded my head.

“I think you should come quickly.”

“What’s going on?”

But the problem was on the other side.

To be precise, I’d say McKinley had a problem.

James rushed to me.

“I have received a call from the British Embassy in the United States.”

“The British Embassy in the US?”

Why are they?

James swallowed his saliva and said to me.

“Once I got a call, would you like to answer it?”

click.

“This is the Detroit Chairman.”

– …….This is Secretary of the Treasury, Robert.

…..Minister?

Wait, didn’t you say that you have been contacted by the British embassy in the US?

I covered the receiver with my hand and asked in a whisper.

“Have you come to America right now?”

– I entered the country secretly. First of all, congratulations on being elected as the youngest and first chairman of the Fed, although provisional.

“Oh, yes. Thank you.”

Received it in a hoarse voice.

“But why in America…”

– ha…..

A sigh of anger.

What could make the British Treasury so angry?

I thought of things that would make him uncomfortable.

– We’ve got some strange intelligence coming into our British Foreign Office. You said the president of the United States was about to sign an executive order to split Standard Oil?

“Yes?”

Are the White House guys crazy?

– I believe you are aware that if Standard Oil splits, everything will go to nothing in this situation where Russia has to be put down by deflation.

“So. If you want to continue the Russian deflation now, Standard Oil’s low-price offensive is essential. Are you saying that the White House is trying to dismantle it?”

– Yes. I think it’s probably a ‘mistake’ because the White House didn’t know about our secret agreement.

these assholes.

McKinley motherf*cker, how am I supposed to do this? I knew that he was originally a Christian kkondae, but never imagined that it would evolve into a super kkondae covered with justice in this way.

“……”

– We, the UK Treasury, are very sorry for the US and are planning to introduce strong sanctions against the US to the UK Parliament.

“…..haha.”

– We, the UK, will never stand by this situation. I’m calling to give you some advice before we start working on our dear British partner, Fed Chairman Sir Detroit.

after….

The aura of the wrathful empire flowed through the phone.

“Do you have any cards?”

– Do you know whose hand your country’s dreadnought is now? Moreover, please do not forget that we have a nominal majority in the Portsmouth Company (the Dreadnought Company).

This novel was posted at https://readwn.com

Oh my.

It felt like I didn’t even need to touch it.

‘McKinley is done.’

McKinrie, who pressed the self-destruct switch, expressed deep regret inside. And I quickly ran the calculations in my head.

‘Roosevelt, the war hero’s spare is already prepared.’

And I thought.

How can I light this oil on fire? How can I maximize my profits? How can I give McKinley a bigger Big Cheek?

raised the corners of his lips.

“Are you just going to get rid of McKinley?”

＜ Twisted White Knight. (2) > end