Novel Full Chapter 892 - You should feel honored
Chapter 892: You should feel honored
Translator: Min Editor: Rundi
The tragedy on Venice Street cast a gloom over the bright skyline, but people’s lives were not greatly affected. The streets of Los Santos were still bustling, but something seemed missing from the usual propersity. The waves of the financial tsunami from East Coast already arrived on the shaky West Coast.
Revolving around Morgan Stanley’s merger and acquisition plan for Goldman Sachs, financial markets throughout North America and even the rest of the world were restless. The originally turbulent crude oil market was already dragging down the global economy, and now the financial turmoil on Wall Street has pushed the crisis to its peak.
For the WASP Consortium, it was a golden opportunity. Since the bankruptcy of Lehman Brothers, only one investment bank was left that supported the influence of Freemasonry on Wall Street. If the Goldman Sachs Group was to be acquired by Morgan Stanley, then North America wouldreturn to the Anglo-Saxon embrace and send the unwelcomed Jews back to Europe.
From the budding of the financial industry in North America three hundred years ago, the conflict between Jews and Protestants was already the fuse for conflicts between the two sides. Although both parties had reached an agreement, the competition and hostility between them never changed.
If it were before, the UA Department of Justice would absolutely not allow Morgan Stanley to complete the acquisition of Goldman Sachs Group. A united Wall Street was not in the interests of the federal government. Even if Hill’s campaign funds were partially supported by the Morgan family, the relationship between them was not one of superior and subordinate but a cooperative one. The president would seek benefits for the “sponsor”, but there was the premise, that it must be within a reasonable range. The two sides maintained an unspoken understanding of cooperation and competition and formed the North American campaign ecology…
However, the emergence of Future Group tipped the balance.
The CIB participated in the Los Santos attack, forcing the federal government in an awkward position. If Jiang Chen made the evidence public, the federal government must face not only the condemnation of the international community but also domestic pressure.
After all, it was not just the securities of Xin Embassy that died. There were civilians, FBA agents, Los Santos police, and even the CIB’s own agents. The Republican Party was eyeing the president’s position. If Hill could not handle the aftermath of this incident, she would likely face impeachment from Congress…
Therefore, under the influence of external factors, the Ministry of Justice acquiesced with Morgan Stanley’s mergers and acquisition plan.
If Jiang Chen proposed for Future Bank to acquire Goldman Sachs, the Capital would certainly not agree. However, since the acquisition was from Morgan Stanley, Hill kept an eye open and an eye closed. Although the ownership of the company had changed, it was still in the hands of UA Citizens.
The merger and acquisition plan was for up to 50 billion US Dollars, and the assets involved were in the 100 billion range.
Even the Morgan family could not digest the astronomical amount of assets alone. Many investment banks, including First B City Bank and Brown Brother Harriman Bank, sent representatives to contact partners at Goldman Sachs to gain a share in this robbery.
Future Group did not stand on the sideline. Futures Bank CEO David Smith immediately flew to New York City after receiving a call from Jiang Chen. As a former Citibank executive, mergers and acquisitions were his expertise.
Jiang Chen gave him a budget of 5 billion US Dollars to acquire as much of Goldman Sachs’ assets or share as possible.
The CEO was investigated and the FBA’s vehicles surrounded the headquarters of the group. The investor’s panic mood was reflected in the freefalling stock price. In order to control the ownership of Goldman Sachs, the Freemasonry was forced to sell assets to obtain liquidity and buy back stocks from the wavering shareholders.
The financial market was filled with chaos. Outside the financial sector, there was also mayhem.
…
The Capital did not ask too much about what hit the embassy on that day. However, major UA media showed strong interest. CBS parked a team in front of the Xin Embassy and waited for the mysterious hero who was wearing the “iron and steel armor” to appear.
However, they were going to be disappointed.
Because the main building of the embassy was seriously damaged, there were still a few days before the start of the Summit. Jiang Chen resided in the Hilton Hotel in San Francisco. Because this was done secretly, he did not attract the attention of media reporters when he left.
It was already a few days later when the media realized that Jiang Chen was not there.
“The biggest individual shareholder of the Goldman Sachs Group, Stephen Sachs, was found dead in his home. The cause of death was a bullet in the head. At present, the FBA has been involved in the investigation and initially confirmed that the suspect is a middle-aged man. He was arrested and jailed for burglary in 2013 and was a repairman at a car repair company after his release.”
As if he was deliberately reading it to Jiang Chen, Lawrence, sitting in the driving seat, took the newspaper and read it casually when Jiang Chen stepped into the vehicle.
“Oh my. What a sad story,” Jiang Chen put on his seat belt and said nonchalantly.
“Was it you?” Lawrence glanced at Jiang Chen.
According to pieces of evidence gathered by the FBA, weapons and equipment used by Cham may be provided by the Sachs family. The Jewish businessman who had previously been in contact with Steven was probably a member of the Sachs family.
“Of course not.” Jiang Chen looked at Lawrence’s skeptical expression and smiled. “My dear friend, why do you think I did it? In fact, with a dispute involving hundreds of billions of dollars of interest, there is no need for me to do anything. They will do everything for me.”
Lawrence did not respond and defaulted to Jiang Chen’s explanation. He put the newspaper aside and started the car.
The traces of bullet holes were still visible on Venice Street, but the broken shop windows were replaced with new ones. The dark burn marks in the middle of the road were cleaned and repainted. The car left Venice Street and headed toward San Francisco.
Xia Shiyu and Zhu Yu were in another car, and four black vehicles surrounded them from all four sides.
Compared to a few days ago, Jiang Chen could clearly feel that the security level had been at least doubled. Obviously, the UA did not plan to be embarrassed twice, let alone at the last moment.
However, security work was not to be blamed for the last attack. If it weren’t for Steven to weaken the security around the embassy, with just a dozen mercenaries, they wouldn’t even be able to touch the door of the embassy.
Soon the vehicles arrived at the airport.
When Jiang Chen stepped out, Lawrence said.
“Right, someone asked me to tell you something.”
“What is it?”
“At noon yesterday, the Director of CIB, Naomi Madden, submitted his resignation.” When he said this, Lawrence stared into Jiang Chen’s eyes.
“Maybe I should be happy?” Jiang Chen mocked Lawrence.
“You should feel honored that at least two CIB directors resigned because of you.”
Jiang Chen shrugged.
He agreed with Lawrence very much.
Especially the choice of words “at least”.
Presumably, in the near future, there would be plenty of opportunities for the two parties to mingle with each other.