1928: The Rise of Giants

Chapter 455 Acquisition of the New York Times

Americans are having too much fun.

There is also a stock market in Shanghai, and there are also some speculators who lose money in the stock market, but it is rare to see such situations where people go bankrupt in batches, and not one person jumps from a building every year.

However, in New York at this time, you can see people jumping from tall buildings anytime and anywhere.

There are even police officers patrolling the streets day and night, so that if they encounter anyone who has trouble with their thoughts, they can rescue or admonish them in time.

In this dignified environment, Ye Luo saw one extremely magical scene after another.

On one side are speculators and entrepreneurs who are jumping off buildings in droves, on the other are the poor workers who are shouting to give me my salary and my job, and on the other side are still thinking about how to cover up the problem and prevent these things from affecting their political performance. politician.

Therefore, many ridiculous situations have occurred in the media caught in the middle.

It is clear that the U.S. stock market has collapsed and the United States is heading towards the Great Depression. Some conscientious newspapers have begun to review the U.S. stock market bubble, but authoritative economic newspapers like the Wall Street Journal are still advocating for the U.S. stock market.

Tell the public in the form of headlines that the bear market is temporary, the crisis has passed, and although the bubble has burst, it will not have much impact on everyone's lives.

Shi Jianqiao was deeply puzzled and confused by this.

Ye Luo believed her judgment, quickly pushed away the crowd, and kicked the closed office door!

The door opened instantly.

With a haggard look on his face, Mike came out holding a stack of dollars and said with a wry smile: "Everyone, I know you are very anxious now and hope to get your salary. But our company's bank account has been frozen, and I only have 2000 US dollars here. This is my last savings."

"$2000? Are you sending a bum away?"

Memory told Ye Luo that after the U.S. stock market crashed in 1929, the New York Times Index fell again and again. Its stock price fell from a high-priced stock to the bottom, and it once faced bankruptcy.

Its problems are also very common. Years of accumulation have led to serious internal corruption. The company's top executives are all speculating in stocks. If they lose money, they use the company's public funds to settle accounts and recoup their losses, just like Liu Xuenong.

Mike was holding a revolver and facing the window. He raised his hand and was startled by the movement.

"Are you planning to make a run for it and flee to Italy like the president of the New York Stock Exchange?"

"We have more than 2000 people here! If you give us 10 US dollars, each of us can only get US dollars. What can we do with this little money!"

The New York Times, the Wall Street Journal, and the Washington Post are also known as the three giants of the American newspaper industry.

Ye Luo knew it had reached its most difficult moment, but he didn't expect it to be so exaggerated!

Several people came forward to inquire and found out that the president of the New York Times and a major shareholder failed to trade in the stock market. The two misappropriated nearly 1000 million US dollars of public funds. Representatives were jammed in the office.

Just as everyone was noisy, the door to the boss's office opened.

This is the headquarters building of The New York Times.

"Give me back my salary, or I will"

The ending can be imagined.

The Rolls-Royce stopped in front of a building. Ye Luo and others took the elevator upstairs, only to find that the door to their destination was blocked.

"He wants to commit suicide!" Shi Jianqiao was extremely sensitive to this kind of thing and subconsciously said to Ye Luo.

"Kill yourself to apologize! Rich people like you can't understand the pain of us poor people!"

Mike kept smiling bitterly. Seeing the crowd becoming more and more impulsive, his eyes gradually dimmed. He sighed and opened the office door, looking desperate.

Its complete corporate system and operation methods lead the world. The news and reports in Shanghai during the Republic of China were learned from them.

Fortunately, the safety was not on, otherwise it would have gone off and it would have been over.

The crowd at the back was still noisy, so Xu Wenqiang and others had to cooperate with the security guards to maintain order.

Ye Luo signaled Mike with his hand not to be impulsive. He turned back to look at the crowd, cleared his throat and shouted: "Everyone! Please be quiet! I have a way to solve your problem!" His voice was loud and his Chinese face attracted people. Got a lot of sight.

These people broke into troubles, and when they saw someone saying they could solve the problem, they stopped one after another to see what was going on.

Seeing that the crowd quieted down, Ye Luo continued: "Everyone, my name is Ye Luo. I am the former vice president of Hongxing United Group. I believe some of you should know me."

"It's him! It's him who publicly criticized and belittled the U.S. stock market some time ago, and also advised everyone to get out of the stock market!"

"I remembered that this man and Roger Babson gave speeches on Wall Street, and they have been advising everyone not to get trapped in the stock market."

Someone whispered, recognizing Ye Luo's identity.

People who swim against the current are difficult to understand. In such a general environment, Ye Luo and Roger were portrayed as financial clowns, but now, they are held high on the altar.

What he did invisibly won the favor of these people.

When Ye Luo spoke, these people were subconsciously willing to listen.

When he heard that Ye Luo was the academic genius who wrote a paper criticizing the US stock market, Mike, who was holding a gun, was also stunned.

"How can you solve our problem?"

"We just want our paychecks."

"My wife and children are still waiting for me to take the money back to buy bread!"

"Everyone, Mr. Mike also has a wife and children. If he dies, his family will be very painful, and his death will not solve everyone's fundamental problems."

Ye Luo comforted everyone,

"I know the current situation of the New York Times, and I deeply regret it. My solution to this matter is that I will acquire the New York Times, and then everyone will continue to work for me. I will first pay one month's salary arrears. , subsequent wages will be paid slowly until it is paid off."

Everyone was shocked to hear that he was willing to buy the New York Times.

A silence.

But soon there was approval and gratitude.

This is indeed the best solution at the moment.

If someone is willing to take over, they can continue to have jobs and wages.

These employees also want to understand that it is impossible to get back all the three months of salary arrears at once. It would be good to get one month first.

The key was being able to keep decent jobs during the Great Recession.

"Sir, can you really buy the New York Times?" someone asked doubtfully.

Even if it is on the verge of bankruptcy, the New York Times is not small, and he still has to pay a month's salary.

Americans have deep-rooted prejudice and distrust towards the current Chinese. Looking at Ye Luo, they find it hard to believe that he has so much money.

The point is, why did he want to save the New York Times?

"I will talk to Mr. Mike about this matter, so I hope everyone will give us some time." Ye Luo didn't say much and asked Xu Wenqiang to come over, "Wen Qiang, help me appease them."

The crowd became a little quieter and watched Ye Luo and Shi Jianqiao walk into the office.

There is hope in their eyes, but more of it is despair.

(End of this chapter)