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Wall Street of the third generation chaebol Chapter 181

< A turbulent Europe. (2) >

“Are you satisfied with West Germany’s economic sphere? Recently, President Yalmach said that he was flying.”

“Don’t tell me. I’m so crazy about mergers and acquisitions that I even slept in the office. They flew like a fish out of water saying they had to swallow at least one more German steel.”

German settlement bank.

A financial institution that consolidates the consensus of West Germany’s economic sphere by bringing together the banks of West Germany. The industrial zones of West Germany were under the shadow of the German Settlement Bank, and all financial services were provided through the German Settlement Bank.

“More than that, the Berlin Banknote.”

Among them, Kylian, who can be called the elder of the German settlement bank, was surprised by my words. He was the emperor who held the settlement of southwestern Germany.

However, the condition of his legs seemed to be unfavorable. He was on crutches and his legs were limp.

“Don’t worry about my legs. It doesn’t happen in a day or two for an old man to lose his body. Rather, I’d like to hear more about the Berlin banknote.”

“Yes.”

In fact, you are the one who cares the most about your problems. I decided to turn my attention off. However, according to his wishes, he offered a way to erode the Berlin banknote.

“I’m going to erode the Berlin banknote.”

“corrosion?”

“It means getting the right to vote in the Berlin Bank. It’s an equity investment.”

Extend Frankfurt’s influence to the Berlin Bank. Originally, the Berlin finance in the capital should be in the form of eroding Frankfurt finance, but I was saying that I would reverse this structure.

Frankfurt, where the headquarters of the German Settlement Bank is located, will be established as the economic capital.

“You are really trying to make Frankfurt an economic capital. If you try to do it yourself, the size doesn’t come out. It seems like you’ll be hit by the Berlin Palace one-sidedly.”

Killian went straight to the core.

“But wouldn’t it be difficult? Although the Berlin Bank notes received a loan from the German Settlement Bank, the basic weight is different. Each bank in Berlin may be smaller than our German Settlement Bank, but when all the Berlin Bank notes are combined into one, it is much larger.”

Berlin bank notes.

It is probably the largest regional bank note in Germany. It was the prerogative of the metropolitan area, the area where most financial transactions took place, and the center of the Prussian kingdom favored by the Kaiser.

“Of course, Potsdam is as important as Berlin among metropolitan cities, but in the financial sector, the Berlin Bank is the best.”

that much.

The stronghold of the Berlin bank could be compared with the fortress. The problem is that depending on what kind of bombs they are carrying, it is possible to determine whether they are a stronghold or a Kukdas.

“That’s right.”

I agree.

The Berlin Bank was basically a member of a bond consortium that handles Prussian bonds and was a major player in the bond market.

Having monopolized the Berlin Palace and the Prussian government’s financial business rights, they were in a much more advantageous position than Frankfurt.

“But now the Berlin Palace is trying to get Krupp back to normal. They’re crazy right now.”

Berlin Palace.

They were pouring more effort into saving Krupp, the state-owned company.

There was a reason he was trying to swallow Krupp. This is because Krupp’s arms business had the best artillery technology in Europe.

It was specialized in metal precision processing, and the steel mill was a side bridge.

So, even if they hand over the ironworks to ThyssenKrupp, they can protect Krupp.

“Berlin bankers, you’re absolutely insane now. They’re not handling any requests from the Berlin Palace right now.”

“How do you know that? Information that is not found in my personal network on the Berlin banknote?”

“It’s not natural.”

A network is, after all, a network.

The information that was not disclosed to those people could not be known no matter how wide their network was.

Because this is what the Berlin Palace has asked us to do.

“The Berlin Palace has granted me the qualifications to be the negotiating plenipotentiary of the Ottoman Empire. I am going to the Ottomans as a temporary ambassador for Germany.”

“…!!!”

“The Berlin Palace, who had just swung and subcontracted to Deutsche Bank of the Berlin Bank, put great care in me and wrapped me up in a wrapping paper called a temporary plenipotentiary ambassador. The interest to go to the Berlin Banknote has been handed over to me?”

Their monopoly is broken.

***

“If what you say is true…the monopoly of the Berlin Bank has been broken.”

Broken monopolies are dispersed.

Interests in the Berlin Palace and the Kingdom of Prussia began to flow out of the Berlin Bank notes.

In the end, the Berlin banking sector was reaching its limits, and opportunities were overflowing outside the metropolitan area.

I am trying to seize this opportunity.

“This is a golden opportunity to encroach on the Berlin bank.”

At the end of World War I, all Berlin banknotes can be eaten.

That’s right.

However, another thing to think about is that the European powers of the Allied Forces will attack with foam in their mouths.

The Allies, devastated by the war, will begin to grind German industries in order to somehow earn a penny.

Then we should be able to speak.

This is the stuff I saliva on.

It’s something I have priority over you guys.

To protect your interests from the Allied forces who bite you like a mad dog with rabies.

First of all, you need to apply some saliva.

Even if the price is high now.

‘It’s kind of an option.’

The right to live first.

I am buying the priority right now to buy the property that is not for sale now.

“There is no other chance but now.”

I remembered what I had heard from President Thyssen.

“As you probably know, it is said that the German government paid most of its shares in Krupp in bonds.”

“I heard. That’s all they do.”

“The government bonds were taken out of the Reichsbank, but the problem is the whereabouts of the bonds and the marks paid to Miss Bertha.”

They were asleep in the abyss of the Berlin banknote.

“Deutsche Bank.”

Berlin bank notes.

The second largest bank in the ranking. However, it has priority over the business rights of the Berlin Palace over the No.

After that, Discomte-Geselshaft was also merged with Deutsche Bank, so Deutsche Bank is the de facto No. 1 position.

“Bonds and cash are dormant in Deutsche Bank’s asset list. If Miss Berta tries to withdraw, those assets will be passed over.”

A bank’s assets are basically derived.

In particular, from the end of the 19th century to the beginning of the 20th century, banks often operated both as investment banks and as commercial banks.

It is said that central banks are also investing.

“They would have been borrowing loans with government bonds placed in trust by Ms. Berta as collateral. Or they could have made derivatives with government bonds.”

“If it’s a derivative, you mean CDO?”

“Well, the CDO is the most famous, but it’s not.”

CDO has not yet been established in Germany.

When it comes to securitized bonds, CDOs are the most likely. But as far as I know, CDOs were not yet popular in German banknotes.

This is because of the structure of the banknote.

“German banks are basically a form of collusion. It’s like banks gathering together to invest. As a result, when investing, you don’t run out of money very often. There are easier ways to raise funds than CDO, but CDO is popular. I can’t do it.”

Most German banks have broad connections.

If you search through that wide network a few times, you will find banks that will collusion with you.

“…It’s like you said. German banks aren’t very interested in CDOs. They’ll run out of money in the first place… Oh wait!!!”

bang!

Killian smashed the desk so hard. Then he looked at me with a realizing expression on his face.

“Berlin Bankers, now that the money pool is drying up, I’m thinking of introducing a CDO!!!”

“Yeah, that’s what I wanted to say.”

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

Of course, at the time, Wall Street was sprinkling CDOs over and over because it was just money.

However, it is necessary to understand the German financial sector now in that their finances are different from those of the current City of London.

“German finance is a reality that focuses on industrial finance that invests in industries with money rather than capital finance that plays with money.”

money play with money.

German banks don’t. But right now, there are attractive companies out there, will there be any funds left for them?

I will pour it all into investment.

late 19th century.

The industry in the Ruhr Industrial Zone, Saarland, and the Rhineland, such as Alsace-Lorraine, was a period of rapid development. Around this time, they started catching up with the British steel industry, and they were a crazy group that showed more than doubling of growth every year.

You should invest in these guys.

In addition, as manufacturing and industry developed, trade finance also developed. The representative trade banks are the Darmstadt Industrial Bank and the North German Bank.

But… now?

“…the German settlement bank swallowed it all up.”

“Currently, the major industrial companies and manufacturing companies in the Rhineland are all invested by the German Settlement Bank. Frankfurt is closer to the Rhineland than Berlin and closer to their finances.”

Frankfurt.

This is an economic city.

Banknotes were also developed, and stocks were being actively traded on the stock exchange.

“All, the German Settlement Bank swallowed it up.”

I shrugged.

“Are you feeling a little bit now?”

“What do you mean?”

I smiled.

“The West German economic bloc. The power of the German Settlement Bank. Isn’t the entire German economy moving according to our decisions?”

“…..!!!”

West German economy.

Economic zone is also used as another term in finance.

“This is the financier.”

City of London.

wall street.

Frankfurt was now a financier.

“The leadership of the Berlin Bank, are we bringing it? But since I am a foreigner, I want you to take the lead.”

I reached out my hand.

“Would you like to join us?”

And now.

Kylian literally began to be fascinated by the devil’s temptations.

“…..good.”

thump.

he grabbed my hand

I called for joy inside.

***

“For steel.”

Frankfurt.

Former German Rothschild head office.

In the governor’s office in the main building of the German Investment Corporation, I was having a conversation with Veyron about future plans.

“I set fire to the Balkans. I spit on the Berlin banknote, took control of the West German economic bloc, smashed Krupp, robbed the Baghdadban business… Are you saying that this is all a build-up to monopolize steel?”

Veyron felt goosebumps on her skin for a moment.

What kind of madman would monopolize it, dump the economy of an empire, make it dependent on him, and set fire to the Balkans.

Veyron still didn’t seem to understand the structure of this madman’s brain.

If it hadn’t been for the viciousness and poison that survived in the slum, I think I’d have been exhausted before.

“We have swallowed up more than 60% of the world’s steel. We’re looking at up to 70% or more. The hedge fund’s credit rating office has started working on the settlement of accounts with specific estimates. It will take a year for results to come out. “

“is it.”

“Only the established market share is 65%.”

“haha.”

The confirmed share is 65%.

In fact, global steel prices are now under our control.

“Do you want to continue dumping steel at low prices?”

“Once we get to the break-even point again, it’s already over when we ate 65% of the global steel market.”

break-even point.

It may be a break-even point for us, but a death line for other steelmakers. A price low enough to die in the swamp of deficits.

No one could follow our pricing policy.

At this point, victory was confirmed.

It was interesting to see when France-UK would lower the tariff barrier and the Steel Association would be formed.

“Why am I trying to encroach on the Berlin banknote?”

“Yes.”

“For now, let’s get some away from the CDO.”

Germany’s growth is the only way to make World War I a more intense war.

It was only when the German Empire grew like this and broke the clay pots of Britain and France that it was able to move as I had envisioned.

The German economy is not in ruins.

Germany’s vested interests are gone.

It should not be forgotten that the German economy now includes the German Settlement Bank.

In fact, it may be the beginning of the greatest boom since Bismarck.

“The German Empire’s specialty, the steel manufacturing industry, is emerging as low-cost steel. ThyssenKrupp has also devoured DWM’s arms industry, maintaining its position in Europe firmly.”

However, I have no intention of pouring CDO into it.

At least until the start of World War II, it will drive without worries.

“The British Empire is spreading CDOs at a terrifying rate. They’re becoming, frankly, the ever-expanding bombs.”

Capital is referred to as financial capital.

That was the specialty of City of London, and the industries of the British Empire were caught up in their money play.

In addition, there have been reports in the insurance industry that even a primitive form of CDS, a derivative product, is coming out.

These guys are already corrupted.

“If German steel joins hands with American steel and monopolizes the European steel market and conquers the global market, the same amount of steel market share it has taken will lead to the growth rate of the German economy.”

But not Germany.

In the aftermath of the rapid industrial revolution at the end of the 19th century, most of the industrial capital is.

The German Empire was placed in an environment where it had to invest without being distracted by the CDO.

Happy screams poured out.

“The Frankfurt Stock Exchange has started an unprecedented boom. This is yesterday’s Zeitung newspaper.”

I threw one in the evening.

Veyron took the newspaper and opened it.

“Frankfurt Stock Exchange… Stocks are up more than 15% on average. Steel stocks, steel manufacturing, financial stocks and even, for some reason, chemicals!”

“Yeah, yesterday it was 15%. The day before yesterday it was up 12%. The stock exchange has started to run wild. The trading volume on the German Stock Exchange has already exploded, and everyone is rushing to the stock market.”

Germany’s economy is now growing.

It was the conclusion that these reasons overlapped and overlapped that the German Empire’s Ministry of Finance treated me.

It is not in the national interest to harm me.

Even the Kaiser of the Berlin Palace was half-hearted in my treatment.

If I had been a human being who would harm the German Empire, I would have been pursued by the Prussian police like Bernstein.

“The problem is the Berlin banknote. They don’t have the capital to get on the bandwagon. They unconditionally touch the CDO.

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

Of course, bonds are also important.

Bertha’s bonds are also important. But basically, it was just the rice cakes I sprinkled for World War II.

‘The Berlin Bank will fiercely resist.’

Who will accept equity investment and capital erosion well?

So, I was planning to use this bond as an excuse to tie the ankles of the Berlin Bank.

‘Germany shouldn’t be the first to go to hell.’

Reckless CDO is the nuclear bomb of finance.

I had to take the CDO out of the Berlin bank right away. Do not sprinkle ashes on cooked rice.

You have to offer them new prey.

“Our German Settlement Bank provides liquidity through equity investment in the Berlin Bank. If that happens, the Berlin Bank will soon be busy with corporate investment activities.”

The limits of stock returns and equity investment returns are lifted. Have fun and avoid disaster.

Even if it’s not a self-investment.

Loan alone is enough to take out.

Already, the British financier threw himself off a cliff to get to the goal.

“If the Berlin Bank starts investment activities with our investment…”

I lifted my index finger.

“Our monopoly on steel will build an even stronger fortress.”

This is not the end.

Later, if you swallow the post-war Berlin banknotes, you will get a splendid point. The investment activities of the German Empire were to be replaced with property within the postwar period.

‘The more you eat, the more I eat, the fuller my stomach gets.’

Could this be ‘coexistence’?

The encroachment of the Berlin banknote has this meaning. When the war is over, I will turn Germany into liberalism and swallow up the economy as a whole.

“I’m looking forward to it.”

Step by step.

Everything was going according to plan.

***

British Empire.

The official announcement of the Belfour cabinet.

“I declare that our UK manufacturing will not come under the domination of American Steel.”

British Parliament.

Prime Minister Belfour picked up a speech in the square where British citizens and lawmakers had gathered.

“Steel import tariffs are planned to increase by more than 100% from the current level. US Steel will now turn around without ever stepping on the UK mainland. The UK must protect its industry. We must secure economic sovereignty!”

Belfour grabbed the podium tightly.

“The year of the British Empire never sets. We reaffirm our existence as Europe’s righteous balancers and declare that we will turn to protectionism.”

Citizens are shouting

Business people frown and listen to Belfour’s speech. Only the workers and officials involved in the steelworks smiled.

“We received a love call from France to form a steel union and survive in the global steel market. In France, regional steelworks have already begun to unite into one association.”

French ironworks.

The French Steel Association has reached out to the British Steel Association.

“But I refused.”

Belfour spoke proudly on the podium.

The economic power of the British Empire was already being verified by City of London.

The new ‘derivatives’ CDO, which was recently introduced, was quickly gaining in size and creating a speculative frenzy.

He was full of confidence that he could save British institutions by issuing CDO a few times without the help of France.

“We, the British government, will maintain the current fiscal and economic policies or strengthen regulations.”

British trolling.

Even if combined with France, they were walking into hell where they would pull out the hats as if they were mass-producing bad debts.

“This is England.”

Belfour.

was full of confidence.

Detroit Morgan comes to mind.

“The British steel industry is strong.”

👌👌👌

Frankfurt, Germany.

My review of the news was brief.

“Crazy people, you have to break the pot once before you can come to your senses. If you have a sense of choice, you’ll end up with a mental illness.”

After all, CDOs have something that drives people crazy.

Even with France, it sounds like kneading, but I fell into the ‘illusion’ that capital was pouring in, so there was no answer to this.

‘This is not the development I wanted.’

Belfour’s way of thinking is dangerous.

The madness outside the calculation must be put to sleep.

I decided to pick up a big stick for true education.

A stick in the name of the arms industry.

Dumping caused a shock to the British arms industry once.

The time has come to show the power of the monopoly it has built up over the years.

‘I just have to show you a taste.’

Britain is just astonished.

jab lightly.

Soon he will realize the reality when the British arms industry begins to bleed from his head and kill Belfour.

It was the beginning of the second dumping.

< A turbulent Europe. (2) > end

Wall Street of the third generation chaebol

Wall Street of the third generation chaebol

Status: Ongoing Type: Author:
Wall Street of the third generation chaebol mtl late 19th century. The United States was ruled by oil king Rockefeller, steel king Carnegie, and finance king JP Morgan. I fell on Wall Street in New York. “… Detroit or Morgan?” I didn’t just fall off, I was the son of the finance king JP Morgan.

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