Mags asked Dooling this question, which is also the question Dooling intends to communicate with mags. A city''s packaged listing must comply with the current stock and securities law. After the listing is successful, do investors and shareholders have the right to accept the supervision of investors and shareholders according to the principles that other stocks need to abide by? If it is supervised, will this supervision cause problems in the construction of Otis city? If it is not supervised, how to ensure the interests of investors?
Hull... That is, the manager raised many problems to be faced at present in his brief communication with Dooling. Some of them are very pertinent. It can be said that this guy is really thinking about himself. There are some things that Turin can''t decide. He is not the master of the Empire and can''t completely construct policies and regulations according to his own ideas, so he needs to communicate with Maggs.
"Can you hear what you think?", a lady sent a pot of flower tea and some cakes. Judging from the lady''s appearance and temperament, she is definitely not an ordinary maid. Plus the lady''s age, she should be MARGES''s wife if there is no accident. Margus was also very easygoing towards her. He smiled and introduced her. "This is the young man I often talk about, Turin." he looked at Turin. "This is my wife, Teri."
Dooling immediately stood up, with a very innocent smile and bent slightly, "it''s a great honor to foresee a beautiful lady like you. Good morning, Mrs. Terry."
Teri smiled. As she put the teapot, cup and cake on the table, she praised Turin. "My husband often talked about you in my ear, saying you are a very good mayor. I heard that Otis is very busy. When the weather is warmer, I''ll go and have a look at it sometime." after that, she took back the plate, "I''m also very glad to meet you, Mr. durin."
"You talk, what do you need to tell me!"
When Mrs. Tali left, durin sat back. Under the encouraging eyes of MARGES, he picked up a piece of cake and bit it. How to say, the taste of this kind of cake was much worse than that imagined by durin. He thought that MARGES must eat very delicious cakes, but in addition to the rich honey smell, there was only sweet flavor left in his hand. Of course, he wouldn''t say it wasn''t delicious, That''s the truth that a fool would tell. He ate the cake in his hand in three or two and nodded, "it''s very delicious. Can I bring some when I leave?"
Margus was stunned and then laughed, "yes, I believe my wife likes your request very much."
After eating a piece of cake and taking a sip of flower tea, Du Lin sorted out his ideas and began to talk about his original wonderful idea of "listing" the city, "You should know that I talked to Mr. Lani, and you also know that about 85% of the tax revenue of Otis will be handed over to the imperial tax administration. In this case, the funds that the city hall can retain will become quite small."
"This year, we have paid 37 million taxes, leaving about 5.5 million. In addition to the railway construction and the construction and maintenance of urban infrastructure, the remaining funds can not make the city continue to develop in a big way."
"Moreover, more and more capitalists have gathered in Otis city. Now they may not show their tusks, but I believe that one day, these people will not meet the current tax collection methods of Otis city and their social status in the city. They will certainly try their best to destroy the current construction and rules of Otis city. I have thought about many ways, but Yes, most of them are invalid, because I can''t accurately grasp whether my successor has the same governance philosophy and objectives as me. "
"Once there is something wrong with the successor, the capitalists will soon wave money and begin to corrode everything that can corrode. In the end, Otis will no longer be the most important hematopoietic organ of the Empire, but will become a playground for capitalists to earn huge profits. That''s why I thought that listing on the market will indeed bring some disadvantages to the city, but at the same time, you should notice that Is the ''transparency'' of listed enterprises. "
"Limited supervision by more people promotes the transparency of the whole Otis city system. No matter who tries to seek more interests for himself by any means, more investors and investors will help us stare at him, expose him and punish him. What he steals is not the interests of the city hall, not the interests of the Empire, but the overall stock investors The interests of the people! "
When durin said this, a flash of lightning tore through the thick dark clouds in Maggs''s mind. He suddenly understood what kind of idea existed behind the absurd plan that durin took the initiative to promote the packaging and listing of a city.
Yes, it is the power of supervision!
If an enterprise in Otis has a good report but has a loss, it must be a problematic enterprise. It is stealing the interests of all investors. If the overall operation of the city is almost the same as last year, but the overall tax revenue is much less, it is the city hall that has a problem.
The operation of capitalists in Otis city is supervised by another group of capitalists. If he does anything harmful to another group of capitalists, those people will certainly not choose to be silent. It is the purpose of Turin to promote the listing by using the power of capital to supervise capital and make capitalists enemies with each other. With these capitalists to help him supervise Otis City, Otis city will be stable Set a second firewall.
Margus thought for a long time. He always thought there was something wrong, but he couldn''t say it. First of all, he was very clear that the initiative in this matter was entirely in the hands of the Imperial Cabinet. Only the next decree was needed to think that Otis was "illegal" to be listed on the stock market. In the past, he admitted that the reason was "deceived", so he could immediately take back all the dominant power.
Yes, that''s hooliganism, but it works.
Perhaps it is because the dominant power is firmly in the hands of the cabinet that MARGES can''t find what he feels wrong. It seems that Turin''s idea is very correct. He even began to consider whether he can quote other special zones.
Soon, margus took back his divergent thinking and asked a question, "We all know that stocks will rise because of some good news and fall because of some bad news. If Otis is listed and the price fluctuates, will it have any impact on the city? If someone maliciously manipulates the price to achieve some purposes we don''t know, how should we deal with it?"
This is a very serious problem. The rise and fall of the stock is directly related to the situation of the enterprise. On the contrary, it is because the current survival situation of the enterprise affects the stock price. If Otis can always maintain a healthy economic situation and positive economic growth, the performance of Otis in the stock market will never become a joke, but a myth.
There is another situation, that is, will someone manipulate the stock price to obtain some benefits, such as spreading rumors and short selling by big makers, forcing abnormal fluctuations in valuation.
Turin also considered this point and asked hull. Hull''s answer still seems to linger in his ears. He told margus hull''s answer, "If someone can manipulate more than 100 million funds to short a stock, and the stock will continue to increase its market value in a stable and rapid way in the next decade, then the empire can consider whether someone is thinking of subverting the Empire."
"This huge fund will inevitably involve several consortia and more capitalists, and even federals, otherwise they can''t take the money!"
Du Lin''s answer was very positive. He got 50 million to go to the Federation for wind and rain. It seems that only a dozen people have raised the money, which seems to be easy to come up with. But what''s the truth? Look at who these participants are. Except for the big capitalists, there are senior old aristocrats such as margus, who are also the current leaders of the new party. There are empires The Ministry of finance, the imperial central bank, the largest economy in the Empire, and the largest money laundering dealer poker organization in the western world!
Just because these people can put together so much money doesn''t mean that others can put it together. If those consortia don''t want their industries to go bankrupt one after another because of the rupture of capital flow, they''d better ensure that they have sufficient funds in hand to fight the risk of market irregularity. As for taking money out to be a banker?
There may be a limit of $35 million to $10 million. How many consortia will be able to raise this money?
The forces that can scrape up the money and use the money to short a stock that will not fall into the abyss and may even give them a head-on blow. Are they too brave or are their brains rusty?
"What''s more..." Du Lin smiled with his head down. "If this situation really happens, it''s a good thing. The cabinet issued a notice to let the Securities Regulatory Commission and the central bank investigate the fund at the same time. In cooperation with the operation of Otis City, the money will be swallowed in our stomach!"
Margus nodded. Dooling considered it fully. Of course, there are still many details to be studied. Moreover, in order for the Otis city of Dooling to be listed, at least some legal provisions need to be formulated and supplemented to cooperate with the later harvest work.
That''s what he thought. From Dooling''s point of view, the biggest insurance of Otis is not a person or an organization, but the Empire itself, the Empire''s government and ruling party. Since he has already had such an idea, he is simply enriching his idea.
For example... Garrison in Otis?!
That''s a good idea!