＜ War Bonds. (5) >
“Archibold. What do you think?”
Rockefeller’s home.
Archibald, the vice chairman of Standard Oil, was called to the president’s study from the dawn of the day and had a one-on-one meeting with Rockefeller Chairman. Now that Rockefeller chairman has ostensibly retired, Archibald is the number one leader in Standard Oil.
President Rockefeller handed him two envelopes.
“I wondered what his plan was when he passed the credit law through Senator Eldrich, and he must have been hiding such a terrifying insider. I ate one shot.”
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One is a warning.
The other is an oath.
Archibald read the two letters he was handed over, and the more he read, the more serious his expression became.
“One warning is bloody.”
Archibald frowned.
The letter contained in the warning was eerily terrifying and contained a bloody analysis of CDOs and the American financial world.
“But it looks like we don’t have to worry. If the bank goes bankrupt anyway, we just have to change the main bank.”
“That’s half the answer.”
President Rockefeller tapped the desk with his toadstool finger. As Archibald said, this bomb called debt-backed securities was a direct hit to large banks, but Standard Oil was safe.
But the material is too good to just let it go.
“But as an entrepreneur, you create opportunities out of risk. To me, this warning looks like an opportunity in return.”
“I’m listening.”
President Rockefeller furrowed his eyebrows.
“I’m planning to take this opportunity to blow away rivals including Bra Novel in Imperial Russia.”
“…!!!”
Shell, an oil company of the British Empire.
Branobel, a Russian national oil company based on the Baku oil field
And Royal Dutch, a Dutch oil company based in Sumatra.
The Bra Novel of the Nobel brothers, who split the world market in half from Standard Oil, was particularly annoying.
I was thinking of giving it a try sometime, but there was a nice street.
“But how?”
“In the warning, the Detroit director thought it would take about 15 to 20 years for debt-backed securities to take root in a country’s financiers. I will.”
“no way…..”
“Yeah. Waiting for this poison to spread in Europe, the idea is that we only have to pick up oil companies from among the dead.”
“But I don’t know if this warning is true… Ah.”
Archibald looked at President Rockefeller with a puzzled expression. The fact that President Rockefeller was planning to detonate the bomb at any cost if it did not detonate.
“Shell and Branobel are owned by Rothschild as a major shareholder. Even if the economy of the British Empire goes down, two oil companies will emerge.”
Rockefeller was not happy with the current situation.
The oil from the Nobel brothers’ Baku oil field was larger than Standard Oil’s Pennsylvania oil field, and the oil distribution network could not beat the British Empire’s Shell.
The Rothschilds, who supported them, were always against him, and he didn’t like the game itself, and Standard Oil was also at the risk of anti-monopoly laws.
It was necessary to break the plate once.
But Archibald expressed concern.
“But if the bomb goes off, it can ruin the market and reduce sales.”
As Archibald expressed concern, Chairman Rockefeller’s expression grew cold.
“Is sales important to Standard Oil?”
“Yes?”
“Archibold. Don’t forget the number one goal of Standard Oil. Our number one goal is not sales. Monopoly.”
“…!!!”
“If you achieve a monopoly, sales will automatically follow. When the market collapses, if you sweep it all away at a low price, when the market recovers, Standard Oil will already have dominated the global oil market.”
Waiting 20 years for the future.
That’s the business.
“Owners must see the future of the company.”
A huge force called Morgan, the US financial district, is rolling up its arms, passing the credit law, and using all its power to stop the runaway and risk of debt-backed securities. What about the Rothschilds?
Can they really control this risk? No, can you recognize it?
Morgan found out after Detroit ripped it off. Didn’t you say you liked it at first?
Even if there are people who have never used drugs. No one has ever done it once.
and Detroit.
This is a business with a high probability of becoming a notary by that guy who looks at a number that even Chairman Morgan has not seen.
“Besides, we have nothing to lose, Archibald. Rather, it is a business where change is left over.”
All you need to do is sign the oath.
After all, Standard Oil is a high-quality bond. Even if you fail, you have nothing to lose.
“Credit law. Don’t sign.”
Druck-
Rockefeller opened an old-fashioned drawer and took out a black fountain pen. After testing any type of fountain pen to see if it worked, he signed the pledge.
crispy- crispy-
+
John Davison Rockefeller.
+
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One of the cornerstones of the U.S. economy has expressed support for the credit law.
***
Federal Monetary Commission (NMC).
warning statement.
pledge.
Two handwritten letters enclosed in a gold seal.
The Federal Monetary Commission has warned monopoly trusts across the country, large banks, Wall Street commercial banks and investment banks about badly secured debt.
They also asked to sign a pledge to actively cooperate with the Credit Act.
There were several lines of special in the oath.
There was an extreme clause that said that if the oath was violated, the banking license could be revoked.
“As expected by the Detroit Chairman, Jewish investment banks are strongly opposed.”
Ministry of Finance Office.
Treasury Secretary Gage reported the situation to the black-haired boy sitting in front of him. Detroit drank cola from a glass and listened to the report leisurely.
“What about other Wall Street commercial banks?”
“They didn’t have any problems. Most of the commercial banks were WASP, White Shoe, Morgan, and Rockefeller, so they rushed back to sign up for President Morgan’s accusation.”
The commercial bank is WASP.
The investment bank is Jewish.
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Of course, the boundary was vague and vague, but if you look at the mainstream, you can classify it like this. The business of investment banking was rejected by the mainstream during this period and disrespected, so it was easy for immigrant Jewish capitalists to take over.
It was targeting a niche market.
“Well, first of all, they are all our Morgan affiliates, so even if the Federal Monetary Commission takes over credit ratings and supervises them, you won’t notice much of a difference. But with Jewish capital the situation is different.”
Secretary Gage took the crane.
“Yeah, especially among the Jewish people, the three investment banks are the most opposed.”
“Goldman Sachs, Lehman Brothers, Kunlop.”
If you are a modern person, you must have heard of Bulge Bracket (top-tier large bank). At the end of the 19th century, the founders of Goldman Sachs and Lehman Brothers were living pioneers.
Kunlop was Rothschild’s representative investment bank.
The current head of Kunlop is the famous Jacob Schiff.
Jewish capital who bought Japanese bonds and supported the Japanese Empire in the Russo-Japanese War and led them to victory.
It was the result of hatred of the pogroms (persecution of Jews) by imperial Russia.
“Well, don’t worry, Minister. Standard Oil, Carnegie Steel, Bethlehem Steel, and even railroad trusts including the Great Northern Railroad have been willing to sign it.”
“Hahaha!!! That’s right. Banks on Wall Street are playing with their bonds, so where is your favorite company? Besides, all the business entities who sent the letter are monopoly trusts with high quality even if they print bonds. There wouldn’t have been.”
A total of three pledges.
For personal use. For hedge fund submissions. and spare.
As a credit rating agency, the hedge fund had two pledges from each company. This is because hedge funds are the only credit rating agencies under the Federal Monetary Commission.
It was a time when I was not even familiar with the concept of a credit rating agency.
“So, how should we take action against Jewish investment banks?”
Secretary Gage gave him a trusting gaze. From the Federal Monetary Commission to the war bonds, there were so many things that I didn’t understand.
This novel was posted at https://noblemtl.com
Of course. All means have been considered.
“It’s a bit of a tough response, but I’m thinking of using the Treasury’s joker once.”
“…!!!”
Secretary Gage opened his eyes as if he had immediately realized the identity of the ‘Joker’ I was talking about. In fact, the Treasury didn’t even have the means to call it a joker.
f*ck.
raised the corners of his lips.
“Let’s move the IRS.”
Aren’t investment banks unable to pay taxes? And I’m a wise man in the ways of evading investment banking. It wasn’t a joke, I was confident that I could find it with my eyes closed.
It was time for a true education with taxes.
***
bang-!
“I’m from the National Tax Service (IRS)!!! We plan to conduct a tax audit, so everyone, stand up and stick it on the wall!!! It’s an unexpected tax audit!!!”
The US Internal Revenue Service (IRS) shakes off even a penny of tax even if it is to pursue it to the ends of the earth. Not joking, investment banks trembled at the IRS’s dignity in requiring even Americans living abroad to file their taxes.
The managers who stood on the wall stunnedly got a rough idea of the situation, and their faces were dyed with contemplation.
As time passed, high-ranking officials poured in from the upper-level executive room and timidly raised ‘questions’.
“Is it possible to conduct a tax audit all of a sudden without notice?”
“Are you asking now?”
“Oh, no. I was just curious. I’m sorry.”
The seeds weren’t even eaten.
The executives gave up persuasion and tried to stop the IRS by scouring their networks, but the insiders of the IRS just pointed upwards and wiped their mouths, saying they had no authority.
“The Goldman Sachs managers’ floor has been cleared.”
“Did the executive office shake off without leaving a single speck of dust?”
“The president’s office is still there.”
“Go up now!!! That’s the most important thing!!!”
“Yep!!!”
While investment banks were walking around like that, accounting data were collected by the National Tax Service.
Under my advice, the National Tax Service employees searched through the items that were inconsistent in the accounting data, non-taxable items, tax evasion items, and even foreign capitals, and listed them in detail, including tax-saving items.
“Jewish bastards. I ate a lot.”
A total of 10 million dollars in fines came out in just three days.
Investment banks raised a white flag and declared complete surrender.
Goldman Sachs’ top floor.
Founder Marcus Goldman and his son-in-law Samuel Sachs sat in the president’s office. The president’s office was once swept away by the National Tax Service investigators, and there was a mess with documents scattered and furniture overturned.
Haven’t cleaned it yet. No, I didn’t.
The documents are more complicated if they are taken carelessly, and the key documents are still seized by the National Tax Service.
In front of them were bills and notices written in red letters.
bang-!
“Someone must have tampered with this! How did the National Tax Service search for and seize all overseas assets of investment banks in three days?!
Samuil Sachs was indignant. However, Marcus Goldman opened the notices one by one, in deep contemplation.
“This is the work of an investment banking veteran like us. It seems that a high-ranking person with great skill was attached to the National Tax Service…”
“What does that mean?”
“I literally scraped it all the way down to the floor and charged it for every handful. I’d like to pick up a list of savings and submit evidence. Even the deadline is only one month. such a fight. The IRS alone can’t do it.”
Marcus Goldman licked his lips like a snake. It smells. It smells like the family of the same investment bank got their hands dirty. A handful of talented people were stuck with the National Tax Service.
“But old man. The fine on our Goldman alone is 3 million dollars. Until we repay this, overseas assets will be frozen and the National Tax Service will seize it.”
“I got a headache.”
However, Goldman, Sachs, or who was behind this unannounced inspection by the National Tax Service, had a rough idea. That’s because there were very few circumstances that would put such pressure on them.
“The punishment for refusing credit laws. This is Morgan’s work.”
“Are you John Pierpont Morgan Chairman?”
“Uh, if it were him, he would be dazzled by the tax savings and tax evasion measures of investment banks. Not to mention his direct finance directors.”
“then….!!!”
“Perhaps if you do not comply with the credit law, you will be fined as it is. This is such a threat. In a few days, you will receive a notice from the Overseas Tax Office as well.”
“But if the Federal Monetary Commission loses the power to rate bonds, we’re handing over our sovereignty!”
Samuel Sachs looked at Goldman with a serious expression on his face, but Goldman shook his head as if he couldn’t help it.
“I have no choice but to sign the Credit Law Pledge.”
It was more of a business to cut off one arm than to die right away.
But it didn’t have to be.
+
summons.
+
Because an ultimatum was sent from the Federal Monetary Commission to the upper echelons of the old Wall Street banks and trusts.
***
Waldorf-Astoria Hotel.
The atmosphere in the meeting room was bloody from the beginning. All the Morgan banks were sitting with a casual expression on their faces, but the Jewish investment banks were glaring at the Morgan banks with bloody expressions.
“You seem unconcerned. The sovereignty of banks is at the crossroads of being stolen by the Federal Monetary Commission.”
“Is your Jewish people even illiterate? Have you not seen the warnings and oaths? These are all means to safeguard America’s market economy, so you seem dissatisfied?”
“what?”
The Jewish banks were furious, but they quit. Their eyes were dark and dead, and they had gone into a tough tax audit.
It was too tiring to face the usual conflict with Morgan again.
widely-
“Everyone has gathered. Let’s start the meeting.”
When President Morgan entered the conference room, silence fell in the conference room. All eyes were focused on Chairman Morgan.
I was sitting amongst the Morgan banks.
– On Black Wednesday, you wielded your spear at the vanguard, so this time I’ll protect you from the Jews.
I gladly accepted the president’s words.
These are giant investment banks that will develop into bulge brackets in the future. There was no need for me to take the lead and turn all Jewish banks into enemies.
And it was necessary to give the impression that the Federal Monetary Commission was a shell and, in fact, a puppet of JP Morgan Bank.
‘I needed a protective net until the rating agencies were on track.’
“Can I assume that everyone was there with the intention of signing the pledge?”
“……”
Jewish banks opened their mouths, but soon shut their mouths at the memory of being beaten by the National Tax Service.
Goldman Sachs’ Marcus Goldman and Samuel Sachs.
Also Emmanuel Lehman from Lehman Brothers.
Kunlop’s Jacob Schiff.
Everyone was silent.
“Well, aren’t you happy?”
That’s when I opened my mouth.
“Because the credit law was passed long ago, and even if you didn’t sign the pledge, the blade of the credit law was aiming at the throats of banks.”
Emmanuel Lehman, who was listening quietly, narrowed his eyes.
“What does that mean?”
“Did you not know? With this credit law, the Federal Monetary Commission has even taken on the character of the Financial Supervisory Commission. So, if you break the credit law even if you don’t take an oath, your banking license will be revoked.”
“…!!!”
Astonishment spread in the conference hall.
f*ck.
I raised the corners of my lips.
“This pledge means that it is merely a double safety device for the credit law. Please note that any bank that does not sign the pledge will be expelled from the Federal Monetary Commission and all transactions with JPMorgan Bank will be suspended.”
and.
Your credit rating will be determined by my hand.
“And the credit rating of the bonds will be ‘fairly’ by a national credit rating agency commissioned by the Federal Monetary Commission, including all securitized derivatives.”
My honey can only be eaten by me.
‘I have no intention of letting anyone touch it.’
This novel was posted at https://noblemtl.com
Oops.
I opened the fountain pen lid.
“As the head of the Detroit ‘Investment Bank’, I will sign first.”
“…!!!”
jump-
Jewish banks widened their eyes. An investment bank among those solid Wall Street commercial banking cartels? Rather, they looked more surprised than the special promise in the previous pledge.
They looked at me with hot, boiling eyes.
crunchy crispy-
Let me first sign the joint oath.
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One by one, they got up and signed the oath. Did Jewish investment banks see the hope of investment banking in me? showed favorable feelings.
So everyone signed it.
The ‘Waldorf-Astoria Agreement’ was signed.
Thereby.
I have prepared the minimum safety measures that I can do.
“Oh.”
As I applauded, everyone’s eyes turned to me.
“Did you know that only bonds circulated in the United States are subject to a NRSRO credit rating?”
“…!!!”
The commercial banks on Wall Street opened their eyes as if they did not know that.
I guess I didn’t even have time to review the details of the law because I was so busy.
It is a small gift.
f*ck.
“We will leave it to each individual’s own autonomy.”
I was beaten with a whip once.
throw carrots
I loosed the reins of the fluoride.
At my bombshell remarks, the conference hall began to burn again.
＜ War Bonds. (5) > end
