September 28, 1926!
This is destined to be a day recorded in the history of Wall Street!
Ten days ago, the hurricane in Miami, Florida completely triggered a collapse in Wall Street’s stock market. On this day, any company with business dealings with Florida or publicly listed companies from Florida experienced a direct and significant plunge, and this phenonon extended to related industries.
In just these ten days, there have been more than a dozen individuals whose sole business was with publicly listed companies in Florida who have committed suicide.
On average, more than one person per day!
Just when everyone thought this situation would continuously decline, Wall Street suddenly exploded with three major pieces of news on this day.
Firstly: Venus Bank, Morgan Bank, llon Bank, DuPont Corporation, and Astor Company jointly announced the formation of a new investnt company, Deep Sea Investnt, and issued $1 billion in bonds guaranteed by the five companies with a five-year term and an annual interest rate of 2%.
Secondly: Deep Sea Investnt will fully enter Florida, having reached consensus with Rockefeller, Florida National Bank, and New Woburg Company to completely acquire all their businesses in Florida. As for the debt issues of these three companies, appropriate solutions will be sought actively.
Thirdly: Deep Sea Investnt will beco deeply involved in Florida’s infrastructure construction and strive to lead Florida out of its current predicant as soon as possible!
After these three pieces of news were announced, it was akin to dropping three heavy bombs in Wall Street, leaving everyone in Wall Street stunned for half a day.
However, this did not stop them from reacting imdiately.
Firstly, the stock prices of Florida’s publicly listed companies, which had been declining, saw various degrees of increase.
Secondly, all the securities firms were inquiring and wanting to know which publicly listed companies in Florida would receive capital support from Deep Sea Investnt. Although no company nas have been officially announced yet, several nas have circulated in the market, and the stock prices of these companies have risen even more dramatically.
Lastly, the stock prices of publicly listed companies owned by the five consortiums also increased.
"Unexpectedly, the ultimate beneficiaries are those five companies. Entering Florida at this ti predicts that in the future, Florida’s entire business environnt will be dominated by them!"
In the various restaurants and cafes in Wall Street, all the practitioners on Wall Street were discussing this matter.
Their discussions were filled with envy.
Everyone knows that post-disaster reconstruction is always the most lucrative. Although everyone wants to do it, such reconstruction also ans a massive cash investnt is needed.
Normally, if anyone could reach out to the State Governnt of Florida and obtain financial support from the state governnt, it would be possible.
But this is only possible under normal circumstances.
These people know that during the previous high-speed developnt phase of Florida, not just the companies in Florida, but even the Florida State Governnt and several City Halls under it, are all in a period of debt.
Previously, Florida had considered issuing bonds to attract funds, but Florida’s bonds did not cause any ripple in the bond market.
No one believes Florida can handle this disaster on its own.
Therefore, anyone wishing to enter Florida during this period must have a substantial amount of cash at hand.
During this period, stock trading on Wall Street was very active, with many companies trying to raise funds.
However, their situation cannot compare to the scale of Deep Sea Investnt.
"I always thought Venus Bank would be the first consortium to enter Florida, but never expected it would be all five forming Deep Sea Investnt!"
"There’s strength in numbers. If Venus Bank had entered early on its own, once other consortiums gather enough funds, they would certainly compete with Venus Bank."
"Exactly, with the present situation, it is akin to the five consortiums announcing publicly that Florida is now their backyard. From now on, any consortium trying to enter Florida can be seen as a challenge to these five consortiums."
"Honestly, I cannot imagine any consortium in the United States or the world that can compete with these five!"
"Doesn’t Florida have any ideas on this? It should be noted that this can lead to Florida’s economic developnt losing competitiveness; it’s estimated that even the various levels of governnt in Florida will have to heed Deep Sea Investnt in the future!"
"What does Florida have to counter? Look at the influence of these five, honestly speaking, unless the Republican Party unites, or the Democratic Party unites, only then could they be opposed. But considering the influence of these five on both the Republican Party and the Democratic Party, they can hardly unite against them."
"So is Florida suitable for future investnt?"
"Suitable, definitely suitable, but it’s critical to invest in industries related to the business of these five consortiums. Just watch, as soon as they complete their initial investnts, these five will start focusing on every industry in Florida. I can confidently predict that within five years, the shadow of these five consortiums will be behind every industry in Florida."
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