American Tax Officer

Chapter 815 408: The Stock Market Battle_2



"That would instantly devour everything, not even leaving behind dregs!"

Just as Trump hesitated, his daughter Ivanka stepped up, took his phone, and firmly said, "Inspector David, this is Ivanka. Since you've invited us, then we're willing to provide all the assistance you need!"

Trump, surprised at having his phone taken, watched his daughter and his lips moved slightly but ultimately he said no words to dismantle her proposition.

"Is that so? Does Mr. Trump share the same sentiment?"

Ivanka handed the phone back to her father, gesturing for him to agree.

After furrowing his brows, Trump finally said into the phone, "Yes, Inspector David, since you've asked, our family is willing to help."

"Thank you, Mr. Trump. I'll accept your kind offer and won't disturb you any longer, goodbye…"

After ending the call, Trump looked down at his daughter and demanded, "Explain why you agreed to this."

"Father, although we have already joined David's camp, we haven't made any significant contributions within this group. Do you think families like Sean and those state kingpins will respect us? They surely don't, not really; it's just due to David's face that they say nothing, and this time, it's an opportunity for us!"

"You make a good point. However, I would have agreed if it were something else, but this involves the stock market. Our family may have some money, but it's not much compared to The Big Three Groups. If something goes wrong, we would lose our base."

He had been President, but in fact, business was his foundation, which is why he said that.

"Yes, our financial strength isn't enough compared to The Big Three Groups, but don't forget the Kennedy Family and the influential families in each state..."

"These people have some political influence, but financially, even bundling them together would not match The Big Three Groups!" Trump cut off Ivanka before she could finish.

"Yes, but Father, don't forget, we have the Internal Revenue Service to fall back on!"

"What do you mean?"

"Father, think about it. In any country's stock market, if it really faces the risk of collapse, who will step in to save the market in the end?"

"Of course it's the state... Are you saying that if we really can't hold on, David might operate the national team to save the market?"

Realizing what his daughter implied, Trump finally caught on.

"That's right. The Internal Revenue Service has now successfully passed the Offshore Tax Avoidance Act; they've got plenty of money. If we really can't hold out, he'll definitely operate like that, and at that time, do you think The Big Three Groups can continue to stir up trouble?"

"But if The Big Three Groups have already planned to manipulate the stock market, they probably have prepared some countermeasures too. It might not be so easy for David to move the national team in..."

"Father, David has already managed to pass such a difficult law like the Offshore Tax Avoidance Act; it's just about orchestrating a rescue by the national team now. How could he be unsure about that? Trust him!"

"Alright, what you're saying makes sense. Let's do it your way then!"

Although The Big Three Groups were financially powerful, the Internal Revenue Service controlled the national tax revenue, and with the Offshore Tax Avoidance Act passed, it was even more empowered.

If they managed to operate successfully, then The Big Three Groups' actions this time would surely come to nothing.

So, in the end, Trump chose to go along with his daughter's suggestion.

...

As The Big Three Groups continued their scheming and with the stock market opening imminent, many stock market experts also began to sense anomalies, compounded by the leakage of insider information. This shifted the nation's focus from David's investigation of Wall Street to the situation in the stock market.

With a sense of panic setting in, the time finally arrived at 9:30 AM, and the American stock market officially opened for trading.

Since the Offshore Tax Avoidance Bill was signed, not to mention the smaller companies, even the market value of giant tech companies like Amazon, Gugo, and Microsoft was evaporating daily.

Today, as soon as the market opened, without any surprises, these big companies' stock prices were still falling.

However, today's main players were not them but the dozen or so investment banks on Wall Street, beginning to sell off a large amount of stock they held in various companies. Combined with the rumors before the market opening, this indeed triggered panic in the market.

Soros's 'herd effect' financial tactics quickly took effect.

Seeing these leaders on Wall Street selling off their stocks, worried investors naturally started to desperately sell off their shares as well. Within less than half an hour, the NASDAQ index began to plummet.

...

"David, why haven't those families you arranged made their move yet?"

"The stock market is going to crash if they don't act now!"

"..."

In the office, David was on a video call with the senior staff of the Internal Revenue Service.

Seeing the stock market plummet, the members of the Kennedy families had yet to make a move, making many of the senior staff restless.

At this moment, David was also puzzled, but as he was about to call Sean to inquire, suddenly a senior executive shouted excitedly.

"Capital is entering the market to take over!"

Upon hearing this executive's shout, everyone turned their attention to the stock market.

As the executive had said, a strong capital force was frantically buying up the stocks being sold off by those investment banks on Wall Street!

Following that, the leading families from various states also invested, joining in the action to take over those investment banks' stocks.

The reason for the panic in the stock market was fundamentally due to investors' distrust, leading to a massive sell-off.

Seeing so much capital moving in, especially making substantial stabilizing investments, brought a glimmer of hope to the previously turbulent stock market.

Seeing that their stocks were still valuable, the investors' minds stabilized, and those selling off began to steadily decrease.

Just like that, the wildly unstable stock market from the first half an hour gradually calmed down.

"Good, that's great!"

"These guys did well, their move has 'calmed' the market down!"

"The Kennedy and the leading families of the states still have some substance; for now, it seems stable."

"Wait a minute, don't celebrate too early, everyone. It's only the investment banks from Wall Street selling off for now, the heavyweight hedge funds haven't entered the field yet!"

Seeing the stock market stabilizing, many of the senior staff breathed a sigh of relief.

But as soon as a senior executive mentioned the hedge funds on Wall Street, their hearts were suspended once again.

The investment banks currently acting were indeed minor players to The Big Three Groups; giants controlled by people like Soros and Buffett hadn't even made a move yet.

"Look, they're selling off!"

As everyone was deep in thought, Donald's words interrupted everyone's train of thought.

They turned to look at the screen, only to see the market, which had been moving towards equilibrium, starting to shake again due to a new wave of heavy selling off.

Seeing this development, although people were anxious, they could only watch patiently to see how things would unfold.

At the same time, within the Kennedy family.

"Father, they've started to sell off!"

Selina's expression became serious.

As a top economics student at Haver University, she was well aware that what they had taken over so far was just an appetizer.

If they truly wanted to succeed in intercepting, they would have to contend with the real hedge funds on Wall Street.

"Is all the capital ready? Don't mess it up, okay?"

Sean also looked somewhat solemn.

"I've notified our family to mobilize all the capital we can, and now we can only wait and see how the situation develops."

"Alright..."

Besides the Kennedy family, at this moment, the leading families from various states who had reached cooperation with David also mobilized large amounts of family capital, continuously joining this fierce stock market battle.

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