Going Into the World!

The way I figured out how to deal with Citigroup is to dismantle it.

It was similar at the time of the first acquisition of Group D in Korea. There was only half of it left when I acquired it, but if I hadn't stepped up, it would have been decommissioned.

Unlike that time, City Group is not selling by affiliates, but by retail finance, corporate finance, domestic and foreign asset management, and securities.

As soon as I came up with such a good idea, I contacted President Kerry and gave him my opinion, and all I could think about was his shy personality. I've made a few suggestions so far, but I'm still taking them off today.

"Citigroup is hopeless. If we dismantle it, we can deliver a powerful message to the market. '

"But the city group is too big, right? Over 250,000 employees. How do you plan on coping with that aftermath?"

"I mean, to the people, a 'decisive' president gives the impression. And you're gonna think it's so cheerful."

"Should I? Hmm. Let's just think a little bit more."

I am President Kerry, who has been seduced by my argument and the words "resolute President." There is no precedent for such a big financial institution.

"Damn, what's so complicated? '

I was irritated inside. At first I thought it was easy, but the government is not responding well because Citigroup struggles with the government.

Unlike the other places we've cleared out in front of Morgan, Citigroup is holding tight on Rockefeller Street. Seeing that it was a single force, the response was very fast.

As soon as a few officers entered the investigation for embezzlement and the external audit started, they immediately switched presidents to Richard Parsons and replaced problematic executives.

It's probably just a precaution in case JP Morgan Chase takes responsibility for executives and board members and then puts in new people and funds.

Once the organization has been reorganized, the bankruptcy of the City Group will remain a collateral for the employment and financial markets, so the administration can't help but give it a little time to avoid bankruptcy. I saw it alive.

I don't like it. I don't mean I don't understand the pain, but I can't be dragged around like that forever. And if we step back now, there are other places to follow.

Banks of America and Wells Pago, the rest of the Big 4, are already known for their own organizational maintenance, but they also intend to survive. Fortunately, unlike the city group, they have some internal conflicts of interest that aren't working.

"Europe is not so bad right now. If there's a financial crisis in Europe, it's going to hit the U.S. economy. We have to make a decision quickly. You can't keep the financial markets in chaos forever. “

“What's that supposed to mean? But I have a special plan."

President Kerry demands more details. He also said he was frustrated because he was expelled from school.

“Bankrupt the Citigroup, and wholly fund the rest of the banks. To be honest, you've been opposed to supporting financial penalties so far. But you can't just leave the financial markets in chaos forever. However, pulling down on Citigroup will broaden your conviction as you deal with the rest. ”

“Will that work? ”

“Of course. I won't give people the impression of a mildly compromised future. And if you miss this opportunity, things are going to get very difficult. I can't help you there, so take care of yourself! ”

The truth is, no matter how much people see it, we can't let the government make all the big banks go wrong. That's why we must gather one of the big ones and build a cause. That way, you can treat the injured financial markets through proper negotiation and relief financing with the rest.

“Very well. Let's have a serious discussion with the chief of staff. ”

President Kerry just gave the right answer. There are disagreements on the part of the Chief of Staff, but his voice seems to be resolved.

* *

[Citizens, I have been focused on establishing social justice and economic order to prevent corrupt Wall Street executives and finances from laundering their losses with their taxes.]

“Ho-ho, this speech is filled with emotion. ”

“Yes, sir. President Kerry has now improved his speech a lot. ”

On TV, President Kerry performs a special briefing at the White House. Me and Chief Crimson were having a little joke while watching TV.

From the first words out of the president's mouth, it is interesting to see the surprises of the journalists who were there, and he continues to speak without hesitation.

[There are still forces who ridicule the people. Citigroup. When the punishment for corrupt executives approached, they quickly turned a new person, another member of their own household, into reformers, and asked the government to fund their rescue. If you don't support it in time and you're screwed, how are you going to be able to handle it?]

President Kerry's heat is getting louder and louder. Even I who know the situation before and after make my fist clench by myself. People who don't know anything will be impressed without saying anything.

"Isn't it awesome? ’

In that speech, I can feel the verse worrying about sobriety, tears, and the country. The person who hesitated on the phone a few days ago, who was shy, looks completely different now.

Whether he truly deceived himself or was intoxicated by the popularity and mistaken for Lincoln or Kennedy, it was remarkable.

[Citigroup paid an average of $2 million in bonuses to 176 executives for $20 billion in first aid funding. It is my judgment that it is meaningless to support the blood taxes of the people anymore.

Citizens, the government will cease to provide financial support to citizens and customers at this time. However, we will do everything possible to minimize damage to good customers.]

When President Kerry's bombing declaration exploded, the intestines became very noisy. Of course, it is controversial for the president to point out certain financial institutions in this way.

However, as President Kerry has already made several breakthrough announcements, journalists have been paying more attention to the results of today's announcement and are asking questions to be broadcast quickly.

“Oops, this stock price is turning off very quickly? ”

During Kerry's announcement, the price of shares moving near $180 sank to $30 in a heartbeat. It really is a big fall, a tumble. I put my tongue in the market panic.

“I don't know if it's too much, but there are people who have suffered losses, and they're more likely to complain. ”

“I can't do that. Because if it's not, there's no way. But that doesn't make it too long ago, does it? ”

I shaken my head, saying I had no choice. It was the best way, of course, although I can't say I wasn't selfish.

He was originally going to split the Citigroup under the Finance Department. However, Gettner, the Treasury Secretary, and his advisory group in charge of financial policy, have pointed out that there is a bit of a legal problem that could lead to a disruption in the City Group. What I couldn't do was appeal to the National Sensitivity Service.

And the effects were quick.

As the media revealed the resilience and immorality of the Citigroup, more than 90% of the public opinion surveys immediately supported the action. You were also outraged by the criticism of Wall Street and praised Kerry for his decision. The majority of the ratings were that it was refreshing as expected.

As the announcement went on around 2 p.m., more than 90% of the stock price fell at the end of the market. Meanwhile, people flocked to each branch of the City Bank to find money.

Immersion.

There was nothing Citigroup could do in the event of national withdrawals and termination. The bank couldn't prepare for the full presentation, so I was busy dealing with the crowded customers.

< Citibank stock price plummeted 90%, closing at $18 >

< City Bank large-scale withdrawals. Tomorrow Matter >

Those people who didn't get paid the day Kerry announced ran out of work early the next morning. The company's customers also made large withdrawals. Unfortunately, the next Thursday usually opens until 7: 00, so the cash at each branch ran out in one day.

With more than 200 million accounts, the number of real customers will be over 50 million. No matter how much money Citigroup has, it's only a matter of time before people like this arrive. As a swarm of locusts passed by, the city group looked just like the last grass.

There's not much a bank without money can do. The next day, those who came for money protested strongly against the Citibank's explanation that there was no cash to pay.

“No, but in the meantime, do you take money away? Tsk, tsk, tsk. I kind of expected it. ”

“The first night and the next morning, executives and associates in the relevant department rushed their money to another bank. Otherwise, no matter how crowded they were, they wouldn't have shut down in one day. ”

Chief Jason, who was monitoring the situation closely, came to me a few days later and reported to me. Citibank went out of business in an instant, but senior executives withdrew their money the evening of Kerry's first announcement.

Of course, it is not humanly understandable, but it is necessary to set fire to the anger of those who did not find the money. Executives and their stakeholders' funds quickly slipped away and they were short of money to go to the regular customers.

“Send that to Mr. Lachlan. You can use someone who's fluffy and ask for a great article. ”

“I understand.”

Chief Jason left with instructions shortly. I quickly searched the Internet for reactions, and I heard the voices of angry citizens everywhere.

< Specialty: Citigroup executives, overnight large withdrawals! >

[From the evening of the 19th day of Kerry's speech until the following morning, information received from the company indicated that Citigroup executives and some associates had devoted their efforts to cash withdrawals and transfers their accounts to other banks.

Some branches in Citibank were known to have a disability in cash withdrawals from customers on the 20th morning, and this was due to 'making time’ to get their money back.

Fortunately, with the help of a conscientious internal employee, we were able to uncover this as well as a list of those employees and the amount of cash withdrawals and transfers. However, it is unclear whether or not such immorality is punishable.]

The next morning, when an article like this appeared on the New York Post, the country started to flourish. The government said it would be resolved, but customers who were angry because they couldn't find the money immediately rose to the top of their heads.

Heave-ho!

“Chairman, there is a sign of a riot. ”

Citigroup situations are changing rapidly, but I can't rule out other tasks. I work hard in my own way, and around noon, Director Crimson jumps in.

“Uh-huh. Chief Crimson, what's all the fuss about? ”

“That's not true. People are flocking to the homes of Rockefeller and Parsons and key executives right now. This is a very unusual situation. ”

“What do you mean by that? Do they know where they are? ”

“Looks like someone's been spreading their list and home address on the Internet. Chief Jason is trying to determine the exact state of affairs. ”

“Really? Did you get that on the Internet? ”

I looked very surprised. Then I turn on the TV, and I see hundreds of people gathering on the walls of Rockefeller's mansion just outside of New York.

“Look over there. Citizens were gathering in a hurry to see how they got there, and the gate was broken down as they were gathering at the gate. Police are on the move and guarding it, but people are not getting rid of it easily. ”

It's not a commotion. If the police had left a little later, people might have flocked to the mansion. I almost got in trouble. Soon, it also shows the faces of Mr. Parsons and some of the officers' houses.

“By any chance, sir, How did that information get out? ”

“How do I know that? But I guess young people are good these days. You can't do that if you want to? ”

Director Crimson, who knows me well, looks at me with suspicious eyes, and I wipe my mouth with a blunt greeting.

Of course it's me. Who else would it be? '

I just laughed inside. I don't need to confirm anything. However, Chief Crimson's suspicion becomes darker.

I leaked Clara's list of key shareholders, officers and board members of the city group to the Internet, as well as some information about the main character, Senator Rockefeller and his subordinate, Mr. Parsons, to the address in great detail.

Jay Rockefeller and Parson, who were hiding in their homes, especially from the chaos, said they were suffering from a crowd targeted at the scene. The "good news" is that as time goes on, the number of people increases over time.

By evening, the crowds gathered in front of Rockefeller and Parsons' houses had surpassed tens of thousands, and their strength had become very severe.

Each station organized some delayed and "featured" broadcasts, some even voices worried that something like the L.A. riots in 1992 might not happen. The atmosphere got worse because people's emotions got stronger as the day got darker.

Is this someone who's been provoking you? Hehe.

And, uh...

As the darkness slowly appeared after 8 o'clock, the number of crowds increased, because I noticed that young hatchlings gathered on a large scale to play with this opportunity.

Thanks to this, hundreds of police forces have marched in and set a strict perimeter around the Rockefeller and Parsons' villas, leaving the police looking more dangerous.

The United States is a free country with guns. We don't know what's going to happen in a crowd of tens of thousands.

I don't think I can hold out much longer once this is all over. Soon after 10 pm, news began to come out on the broadcast.

[Breaking news! Citigroup's board of directors and executives have decided to resign as a group in response to the incident. Again, We just received word that Citigroup has decided to resign, including Chairman Parsons.]

Hahahaha...

I burst out laughing without knowing it. I received an update from the administration in advance, but it was more realistic when it officially appeared on the news. And I felt rewarded for working late at night.

'Dammit, they say blood can't be tricked... they must be imitating their ancestors.'

Once upon a time, Rockefeller also bought the wrath of ordinary citizens by choosing to do evil things with petroleum bumps. Then, when the reaction of the citizens and the government was unusual, he suddenly turned into a philanthropist. However, his descendants were also forced to admit their mistakes by public anger.

On TV, Mr. Parsons' panic surrounded by citizens was becoming apparent as he fled his home and tried to go elsewhere. Despite the protection of the police, there is a strong expression to be afraid of whether or not he felt the uproar of the angry public.

Tsk, tsk. Bad guy. I kicked his tongue.

Artwork Reviews

Phew. So this is roughly the first paragraph. I was just finishing up on the other hand, but was this one a little longer than usual?

It's true that Richard Parsons, a servant of the Rockefellers, came as CEO to the City Group when the financial crisis shook.

Mr. Parsons is also from Harvard, where he has a strong academic background in finance, and he plays as soon as he hits the Rockefeller on his back.

It was later discovered that they were actively lobbying the government, hiring famous lobbyists in Washington.

Obama, who was elected president at the time, was either black, or he easily dug in and became part of the presidential advisory group.

Obama, who later appeared in 2009 as a Washington journalist, instructed his then-finance minister, Rubin Gettner, to "air dismantle, divide and sell Citigroups."

At this point, Mr. Gettner and some advisory groups heard the legal issue and were unable to come to a conclusion, and Richard Parsons was appointed the CEO of the City Group.

Rumor has it that Rockefeller's side of the family is incredibly friendly, and that entering a black group like President Obama, Richard Parson, his city group, has ultimately been a huge help to the government.