Chapter 350: Sister-in-law’s children have a high status
England, the Rothschild family at their castle estate outside London.
Today, the heads of the Rothschild family from all over the world, in fact, the heads of various branches in Europe, are here.
Because this time, many banks controlled and influenced by the Rothschild family, and even the banking giants in Europe itself, were involved.
The terrifying cloud of the banking crisis now hangs over everyone's head.
Everyone is saving themselves.
The Rothschild family is no exception.
In the hall, after Jacob Rothschild's speech.
Everyone nodded in agreement.
And Evelyn Rothschild couldn't help but say: "Jacob is right. Since yesterday, our capital outflow rate has more than doubled month-on-month."
"On the 12th, more than 555 million pounds in cash were lost, and on the 13th, 620 million pounds in cash were lost. Today is not over yet, but more than 680 million pounds in cash have been lost."
"According to this trend, I think when I go to the bank tomorrow, someone will report to me that more than 800 million pounds of cash has been lost from the bank today!"
"If we continue to let this go, then with the current liquidity of the bank, we will definitely run out of funds within a week!"
Edward Rothschild, the oldest, objected immediately: "Selling off is not an option. Now countless eyes are watching us. If we sell off assets urgently, it will be confirmed that there is a problem with the bank's capital chain, which will cause great panic. The speed at which we sell off assets to recover funds cannot match the speed at which depositors withdraw money."
"The best way is to curb it at the source and appease the depositors."
Hearing this, Henry Rothschild, the eldest son of Leopold Rothschild, the head of the American branch, who was listening in on the meeting, suddenly said, "I think I have a way to try."
Everyone looked at him.
Jacob Rothschild asked him directly: "Tell me what you think, Henry."
"Perhaps we could build a small mountain of cash in each of our major banks. It wouldn't have to be much, maybe three or four hundred million pounds, and with some angle technology, we could create a pretty spectacular mountain of cash."
Henry Rothschild said: "Most of those who came to withdraw their money were ordinary citizens. They were mainly those who followed the trend. They just wanted to withdraw their money because of panic."
"And if they find out, our banks are so strong. These mountains of money are the best proof."
"I think this should eliminate some people's panic?"
“We can also contact our media friends and ask them to report widely. This will let most people know about this, increase their confidence in our bank and eliminate their fear of our bank.”
“I think even if it doesn’t work completely, it should be able to ease the run on the bank.”
"It's a good idea, a genius one," commented Jacob Rothschild.
"You can give it a try, but the effect probably won't be very strong."
Edward Rothschild said, "There are two problems. The first is that doing so will increase security pressure. With so much cash in the bank, the public security in London is not very good. If a robbery breaks out, the impact will probably be even worse."
"The second question is, in the current situation, how many media outlets can we mobilize to speak for us? Don't forget that we are in this situation now, most likely because of the two traitors in the United States."
"They will definitely respond to our self-help measures. And in terms of media control, I don't think anyone can be stronger than the Americans."
“Unless that person is also American.”
Edward Rothschild's mature and steady speech made everyone nod.
Jacob Rothschild had no choice but to speak again: "You can give it a try. But don't hold out too much hope. The most critical thing right now is funding. How much funding can you maximize within this week?"
Seeing that Jacob Rothschild had made his decision, everyone stopped protesting.
They all frowned and calculated how much money they could come up with.
Everyone knows the importance of unity, so no one intends to cheat or hide their strength, and they must do their best to help the family overcome the crisis.
After a moment of silence, David Rothschild said, "Jacob, France is still a little slow to recover. The liquidity is indeed limited. If it were a Russian incident, 10 billion pounds could be taken out. But unfortunately, I can only support about 1.5 billion pounds at most."
After David Rothschild started talking, others began to speak.
Elro Rothschild said: "The situation in Germany is much better. I can provide 3 to 4 billion pounds of support within a week. The future is uncertain for the time being."
Sidney Rothschild said: "Italy can provide 2.5 billion pounds in cash within a week."
Harry Rothschild said: "Switzerland can provide 4 billion pounds in cash."
…
When everyone was counting, Henry Rothschild was recording the whole time, and when he finally counted, he came up with a huge number.
One hundred and eighty-ten million pounds!
This is funds that can be mobilized with 100% certainty within a week!
This shows the strength of the Rothschild family in Europe!
Although not all of this money necessarily belongs to the Rothschild family.
It may be the money that people outside deposit in their banks.
But at a time like this, it is enough to come up with money to alleviate the crisis.
This is the manifestation of ability. There is no need to think about other things. Just get through the difficulties first.
As for the method of supporting these funds, considering that many banks are listed companies and not 100% owned by the Rothschild family, it is definitely not a capital injection method, but a simpler deposit or loan relationship.
But these are minor details and do not affect the overall situation.
Evelyn Rothschild's tense face relaxed slightly and revealed a smile.
"Excluding the funds that will be withdrawn today and the funds that everyone can support, the bank will be able to have a minimum of about 30 billion pounds of funds this week."
"In the coming week, the bank will also sell some liquid assets and try its best to recover some loans. At least 10 billion pounds of funds will be recovered."
"It is certain that we will be safe for the next half month!"
Jacob Rothschild nodded slightly: "It's good that it's safe for the time being. We also have more time to deal with it properly."
"The key is to reach an agreement with other banks and work out a complete debt repayment plan as soon as possible so that Latin American countries are willing to accept it while minimizing losses as much as possible."
“Evelyn and I will take care of this.”
Everyone nodded, indicating that they had no objection.
When everyone disperses and leaves to raise funds or deal with the crisis.
Jacob Rothschild, however, sent for Henri Rothschild, the son of Leopold Rothschild.
When Henry arrived, Jacob Rothschild said on the spot, "My son, your idea is very good. It is a very genius idea. You have seen the psychology of most ordinary people very well. So I think you are very good and outstanding. You will definitely be an excellent pillar of Rothschild in the United States in the future."
He started off with a lot of praise, and hinted in his words that Henry would be the next head of the Rothschild family in the United States.
Henry Rothschild was naturally very happy to hear this. "I'm glad you see it this way. Dear Jacob, my idea can only play a tiny role. But if it can help the family, if it can help you, I will be very happy for it!"
"Of course it is helpful. Didn't everyone adopt it?"
Jacob Rothschild smiled and continued speaking, deciding not to be polite with the young man.
He told his Henry Rothschild the reason why he came to meet him alone.
"Henry, you are an American, you live in the United States, you grew up in the United States..."
"No, Jacob. I am Rothschild, and I will always be Rothschild!" Henry Rothschild, who had misunderstood Jacob, spoke quickly without waiting for the patriarch to finish speaking.
Jacob Rothschild smiled and waved his hand, signaling the young man not to be so panicked.
"Of course, I know you will always be Rochiel. No matter where your nationality is, Rochiel will always be Rochiel."
"I said these words only to say that you are our Rochel's spokesperson in the United States. There is no other meaning."
After comforting Henry Rothschild who had misunderstood.
Jacob Rothschild revealed his true intentions.
"Then, as one of the people in Rohirri who knows America best."
"Tell me, dear Henry, what is the relationship between you or your father and Milo Blackburn?"
This was the real reason why Jacob Rothschild summoned Henry Rothschild alone.
"Dear Jacob, what do you mean?"
"Your idea is useful. But I'm worried that Morgan and Rockefeller will stop it. Although most of the media giants in the United States are us squid people, they are all afraid of Morgan and Rothschild."
"I'm worried about the time when we need the power of the media. Those damn guys, although they are brothers to us on weekdays. But at the critical moment, I really don't trust them, even if they are squid people. But you know, interests have no national boundaries, and naturally no nationalities."
"So you want to get in touch with Milo Blackburn?"
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"Yes. Among the many people in the United States who can directly influence the media, only this person does not worry about Morgan and Rockefeller, or any other financial groups. Because this person is the only one in the financial group who can directly control the media."
Henry Rothschild understood what the patriarch meant.
That is, Jacob is actually very optimistic about his own idea, and he is very happy about it because it is very reasonable.
But the patriarch was worried because of the obstruction of others.
After using this method, there is no media power to help spread the word.
So it may not be very effective.
I am also worried that if there really is a robbery incident, those media forces that do not belong to Rothschild will help to spread the opposite propaganda...
So Jacob wanted to use this method, but he wanted to get help from Milo Blackburn from the Boston consortium, one of the largest media forces in the United States.
The problem is…
Although there was last year's ice-breaking trip.
The American Rothschild and Blackburn families still visit occasionally.
But when it comes to how good the relationship is, that's not necessarily the case.
Because Blackburn has another identity. He is Rockefeller's son-in-law...
Although it seems that at present, it is due to issues of interests and stance.
The relationship between the two sides was also very ordinary. After all, there were conflicts between the Boston Foundation and the Rockefeller Foundation in many aspects.
But no matter how much conflict there is, they are still relatives through marriage.
But the relationship between Biloxier and Blackburn is much better! Henry Rothschild is in a difficult situation now, and he really wants to help the family.
But if they wanted to get Milo Blackburn off the field, then American Rochier really couldn’t do it.
"Dear Jacob, my father did play with that Blackburn occasionally. But if that's the case, I don't think the other party would be willing to help. He is also an American, and he must have gone off this time."
Henry Rothschild spoke softly in a measured tone.
"Of course I know this. I even know that this gentleman's team is now targeting us. No, it should be said that they are not targeting us, but all the banks in Europe and even the United States that are deeply involved in this banking crisis."
"What do you mean?"
"I mean... never mind. I'd better go to America. Henry, go and inform your father. I'll go there tonight, and I hope he can let me see the gentleman tomorrow."
"Very well," Henry Rothschild hastily agreed, "I will tell my father at once, and I will go back with you in the evening."
"Okay, thank you for your hard work, Henry."
"Dear Mr. Jacob, it's not hard. It's all for Rothschild."
"Well said! Everything is for Rothschild, for the continuation of the family!"
"For the continuation of the family!"
But the Rothschild family was struggling to face the crisis.
In the same time period.
After the video conference and finishing a lot of work, Milo came to the Upper East Side of Manhattan again in the evening. It was a luxurious apartment where the Liu mother and daughter lived, just across the street from Central Park.
Although they have changed their surnames to the outside world, even the driver's license ID used as an identity card in the United States has changed Liu to Blackburn.
But Milo still prefers to call them by their real surnames.
So much so that Liu Li was hesitating whether to change it back.
Although her last name is Blackburn, it makes her feel more at home and more confident when facing other Gao Hua.
But if Milo prefers their last name to be Liu.
It seems better to change it back a little.
Because that little bit of self-confidence and pride can't compare to the extra love Milo has for them.
But this time Milo didn't come alone.
Because Prosecutor Haley recently joined the California government delegation visiting Europe.
It will probably take about a month because after visiting Europe, you will go to Asia.
Conduct state and ministerial level visits.
This is certainly not suitable for bringing family members.
Haley had originally planned to send her son and daughter to Washington to be taken care of by their grandmother Robin for a while.
But Milo knew later.
Let Haley send little Paladin and little Robin to New York to stay with him.
Yes, Hailey's second child is a daughter.
At the same time, I directly used my grandmother's name.
In traditional European and American societies, it is common for younger generations to have the same names as their elders.
And in a family like the Blackburn family, there are many illegitimate children.
Hayley gave birth to two children.
One is called Paladin, the other is called Robin...
It is easy to tell at a glance how secure her position is.
I guess only if Ariana gives birth to a little Milo in the future can she control this pair of siblings.
Today, Milo brought little Paladin and little Robin to Liu Li's house.
(End of this chapter)