B City Consortium couldn't hold on for long.
It wasn't because they didn't have money. On the contrary, they were extremely wealthy and possessed wealth unimaginable to ordinary people. Since the 1950s, they used MIT's scientific research to develop the emerging technology industry and completed the transition from the textile industry to electronics, optics, radar, missiles, and even aerospace. In terms of actual wealth, even ten Bill Gates wouldn't be able to compete with them. Since Bill Gates was only one person, and these consortiums weren't just one family.
For such an enormous economic behemoth, the bank wasn't their hematopoietic stem cells, but it was the more important heart! If there was a problem with the heart, the enormous financial and industrial systems would face the risk of capital chain stress.
Therefore, when the bank run began, B City Consortium's offensive against Future Group suddenly paused and didn't make the next move. The anti-trust investigation did hurt Future Group, but it was far less painful than the punch they took on First B City Bank.
Both sides were like boxers in the ring. Everyone knew they couldn't knock the other down with one punch. They could only weigh their gains and losses and hesitate to make the next punch.
A manor in the suburbs of B City.
At this moment, the people standing in this room held one-tenth of the power in UA. The heads of the Lowell, Lawrence, Adams, Kennedy, and Rocky families were gathered here. Among them were major capitalists, Federal Reserve shareholders, Democratic senators …
For the common interest, they gathered together.
"They're going too far! I bet they're behind the leak of depositor information! "John Lawrence slammed his fist on the table and gritted his teeth.
"I think so too, but we don't have evidence, and the FBA didn't find any clues," Bernie Adams said helplessly.
"How did they do it? First B City Bank's information security is handled by Websense. If their hackers can hack into our server, then there's no reason they can't hack into the Capital. "Mr. Lowell also frowned.
Since Raytheon spent 1.9 billion to acquire Websense, B City Consortium's assets had always been protected by this network security company. Because the business was involved in the military field, the consortium's servers were attacked a lot each year, but none of the attacks were successful.
"I'll remind the Capital," Adams said.
"Enough, my friends, we shouldn't be worried about the Capital, but Future Group!" Lawrence said with a headache.
"The Saudi freshwater project cannot be compromised," Joseph Kennedy replied.
"But we need funding for our garment factory in Texas, Raytheon's radar project at the Guam military base, and orders from Bell Helicopter and the Pentagon." Lowell looked at Joseph. "Although I know the Saudi freshwater project is important to you, it seems that … if we continue to fight with Future Group, even if we win in the end, the losses suffered by the consortium will be unbearable."
"I agree with Mr. Lowell." Bernie Adams nodded.
"I can't accept it." John Lawrence shook his head. "If we compromise with them, where can we put our faces?"
"Come on, Mr. Lawrence, we're businessmen, it's just a matter of business gains and losses. If you can't take this lying down, we can deal with them later. But for now, it's best for us to slow down. At least in terms of network security, we must upgrade it! "Luo Qi, who had been silent all this while, spoke up.
"Then as usual, let's vote by a show of hands. For the sake of our long-term alliance, no matter what choice we make in the end, even if it's a choice I don't want to accept, I will contribute my strength to the alliance. So … those in favor of reconciliation, please raise your hand. "Then, Lowell looked at the four people in the room and raised his hand.
The result was three to two.
Favor reconciliation.
"Who will contact them?" Although the decision made by the consortium was inconsistent with his family's interests, John Kennedy didn't show any dissatisfaction.
"I'll go." Luo Qi looked around at the people in the room and said, "I'm the major shareholder of the First B City Bank. It's more appropriate for me to do it."
…
Although the major consortia that controlled the UA economy usually had a harmonious relationship, there was no such thing as harmony in the business world. When one party was in trouble, all parties would reach out. It was normal.
With the incident at the First B City Bank, Citibank and JP Morgan all announced to upgrade the bank security system to ensure the personal information of every customer. This approach was undoubtedly adding insult to injury, and the consortia couldn't go too far. Therefore, on the third day when information security became a hot topic, the Federal Reserve made its move.
Based on the latest news from the Wall Street Journal, the Federal Reserve injected 100 billion USD into the First B City Bank to stabilize customer confidence. At the same time, the First B City Bank announced to upgrade the security system to ensure this type of incident would not happen again and recovered some of the losses.
Just as the investors on Wall Street were struggling to digest the news of "First B City Bank depositor information leak" and "Future Technology may exit the UA", Jiang Chen, far away in the West Pacific, was much calmer.
Standing next to the launch site, Jiang Chen watched the rocket take off and the smoke column dissipate. A smile gradually appeared on his face.
Now, there would be twelve quantum communication satellites in outer space.
"You still have the time to look at fireworks?" Natasha mocked beside Jiang Chen.
"Oh? Looks like even Russia knows about our little conflict with the B City Consortium. "Jiang Chen smiled.
"Of course, you're now on the CIB's list of key suspects. They think you're the one who hacked into the First B City Bank, and your real identity is actually an IT engineer proficient in computer technology. "
"This conjecture is very interesting, but unfortunately, my computer skills are only level two." Jiang Chen laughed and avoided Natasha's probing. "Let's not talk about this anymore. What do you think about our rocket launch technology?"
Natasha's appearance at Celestial Trade's launch site was obviously not for personal reasons. Celestial Trade's rocket launch technology was already mature. To absorb the excess launch resources, Jiang Chen set his sights on Russia.
Due to the decrease in the total budget and the change in the exchange rate, Roscosmos was forced to reduce the maintenance cost of the International Space Station by nearly 30 billion Rubles (1 USD was about 75 Rubles) from 2016 to 2025. Since Russia was paying a high maintenance fee for the space station, Celestial Trade could help.
Not only could it earn some extra income, but it would also allow Celestial Trade to cover its own losses and gain experience in supplying the space station.
With such a great opportunity, why wouldn't Jiang Chen do it?
But Natasha's answer was out of Jiang Chen's expectations.
"If you're willing to sell the rocket engine, we can discuss this. If you're planning on contracting this project … My answer may disappoint you. " Natasha sighed and shrugged. "We won't contract this project to a foreign aerospace company. There's no room for discussion."
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