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Chapter 691 Consortium

Unable to find the old Rockefeller through various channels, these people will naturally not sit still and wait for death and close the position like the old Rockefeller? This is not the choice of them. Although major consortiums joined forces to eat up all the funds of the Kovante family, it does not mean that the power of the major consortiums. If they prepare in advance, they can at least get trillions of dollars in funds, but now time will not give them too much time.

But even if you start to exert force now, it will not be a problem to take out hundreds of billions of dollars. What you need now is to know who the other party is. The other party's account is too dispersed, and now you don't even know who the opponent is. How can you exert force? Although the Kovante family was indeed very powerful before, they were not afraid at all, but it is too terrifying to appear now.

When they started, they were nearly 200 billion US dollars. It was obvious that there was a backup plan in their hands, so it was impossible that they had no follow-up power. And these people have consumed nearly 300 billion to enter. Old Morgan and the Rockefeller Consortium are already old opponents, but how can they say the relationship between the two people? Although it is not good, it is not bad. This is obviously the time when this is external, this old guy retreats without taking over. Old Morgan naturally complains in his heart.

However, after so many years, it can be said that since Rockefeller and Morgan's first generation patriarch, both sides have had an extremely understanding of each other. Of course, the same is true for the opponents of his generation. He knew that if the old guy made any decision, it would be difficult to let the other party turn back unless he could bring out enough benefits, but what benefits could he bring out now? Now it is difficult for them to stabilize the other party even in this situation.

However, Old Morgan actually couldn't figure it out. Although the current crude oil price is indeed a bit inflated, the inflated ones are not very powerful. No matter what the other party wants to short, if the consortiums are willing, they have the strength to maintain the entire crude oil price at this price for half a year or even more. At that time, when the delivery period arrives, they should still make as much money as they should.

Since the other party is so strongly short, it is obviously impossible to just maintain this situation. What is the relationship between this new emergencies and the previous Kovante family? And there are indeed many rich people hiding around the world now, such as Rothschild, which have basically faded out of people's sight, but if they want to withdraw funds, they can still withdraw funds now.

It was also European consortiums, was it because they took action? With the convening of Old Morgan, everyone who could come here in the United States rushed over. If they were to lose, they would probably be seriously injured in their energy, so they had to pay attention to this matter. "Everyone exchanges information with each other. Does anyone know who was the one who took action this time?" After everyone sat together, Old Morgan asked directly.

As the leader of the eight major consortiums in the United States, the Rockefeller Consortium directly withdrew, and Morgan undoubtedly became the largest of the remaining major consortiums. Perhaps ordinary people only know these consortiums and don’t know how powerful they are. Let’s put it this way, it can be said that any of these eight major consortiums has the power to influence the political situation in the United States. Not to mention the number one Rockefeller, just Morgan.

The companies controlled by the Morgan consortium include: j.p Morgan, one of the world's largest banking groups with assets of more than $700 billion. Second, Morgan Stan, one of the world's largest investment banks, with annual revenue of more than $100 billion. JPMorgan, the third largest bank in the United States, almost went bankrupt despite the economic crisis a few years ago, bankruptcy is impossible because of the support of the US government.

GE General Electric, the world's largest electromechanical equipment manufacturer and the world's three largest aviation engine manufacturers, has annual sales revenue of more than US$200 billion!

General Dynamics, the US Defense Enterprise Group, is the fifth largest defense industry contractor in the world.

Grumman Aircraft Company, the world's third largest arms company, is one of the major manufacturers of fighter aircraft.

ibm, one of the largest IT companies in the world, has many people who are well-known for this. ibm, which has become a blue giant, has a market value of nearly US$300 billion.

General Motors, the world's largest automobile company, has revenue of more than US$200 billion.

AT&T, one of the world's largest communications service providers.

The United States Steel Company was once the world's largest steel company. Although its current status has declined a bit, its size is beyond doubt. Look at the companies controlled by these Morgan consortiums, you can tell how huge such a consortium is. Although Xingdou Group is said to be the world's number one company with assets of more than one trillion US dollars, for these consortiums, they just don't have such a large company, but their total assets far exceed Xingdou Group. If the market value is mentioned, it is estimated that at least two or three Xingdou Groups combined so much.

It’s just that there are too many people and too many shareholders, so it’s very difficult to gather financial resources. But if they want to give them enough time, even Xingzhu Group can’t do anything about it. However, the futures market is not given so much time now. And although these consortiums have so many companies and banks in hand, because these companies are all independently operated, it’s not so easy to withdraw funds.

So they can use a lot of funds at present. "I have news here. We have tracked several of the accounts. If nothing unexpected happens, these accounts should be from Starfall Group in China." One of the consortiums stroked the gold-rimmed glasses on their nose, and then spoke.

Xingzhu Group? These four words made everyone who was doing it shocked. To be honest, they had never thought about this emerging group, but they had to say that it would be fine if they didn’t think about it. When they heard this news, the people who were doing it frowned. Although Xingzhu Group is not an old consortium, it has to be said that Xingzhu Group’s current strength is even more difficult to deal with than these old consortiums.

Because Xingzhu Group has surprisingly much cash flow, just the 5,000 tons of gold stored in Chinese government banks some time ago is a huge amount. And does Xingzhu Group itself have no cash? It is impossible. Although they don’t know the specific information about them, Xingzhu Group itself definitely has more than US$150 billion in cash.

"In other words, is Xingzhu Group taking action? Are they shorting?" Old Morgan frowned and then asked.

"It is not possible to confirm at present, but the only one who can take out so much money at one time is probably Xingdou Group. What should we do? Close the position? Switch short? Or will we pull Xingdou Group until they can't bear it?" The person in charge of Citigroup looked at Morgan and asked.

"What do you think? Of course, we don't have to worry about a new consortium, but the cash we can withdraw is extremely limited, so it is probably not that easy to hold the other party through funds. At least the futures market is indeed falling at present, and if we want the other party to start to lose money, the price of crude oil must reach at least $140 per barrel. The US government will not agree to this price." Old Morgan shook his head.

"It's not difficult, right? Among us, there are Democratic and Republicans. It's not difficult to use our influence to let the government directly use strategic reserve oil? Crude oil is not really that short of it now, and the international situation, and the price of crude oil cannot fall again. What do you think Xingdou Group has to do with it?" The person in charge of DuPont consortium asked with an eyebrow raising an eyebrow.

"What kind of backhand is definitely the other party's secret. Moreover, Xingdian Group is nestled on a Madagascar island, and even Cia cannot enter. Do you think we have any way to find out the other party's secrets? Moreover, the model of Xingdian Group is not quite the same as ours. Some senior management may not know much. It seems that there are two systems operating within them. However, no matter what, we don't have much time. When the European futures market opens tomorrow, we have two choices, closing positions, or?." Old Morgan looked around and asked.

"Is this more important? Close the position, just kidding. I admit that Xingdiao Group is indeed the fastest growing company in the world, but so what? The people we are working on are united, even the Rothschild family may not be able to compete with us, right?" Another person sneered and said, "This person obviously did not deal with Old Morgan, otherwise the words Rothschild would not have mentioned.

Because everyone knows that the Morgan family and the Rockefeller family can be said to have separated from the Rothschild family and supported by the Rothschild family. At this time, it is obvious that it is a satirical old Morgan. But how could a person like Morgan care about this? Besides, the Morgan consortium was separated from the Rothschild family, but that was also a matter of the older generation, at least the old Grandpa Morgan's generation, and old Morgan had no pressure.
Chapter completed!
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