American Legendary Life

On the first day, I wish: Bookmates, everything is going well in the new year, Pepsi is prosperous, everything is going well, all I want is to succeed, the most important thing is to make a fortune!

...

The first draft of the "1933 Banking Law" is already in place, and the separate operation of commercial banks and investment banks has become a foregone conclusion.

Commercial banks shall not engage in the business of "trading stocks and securities," and shall not underwrite the issuance of any stocks and securities. It is prohibited for commercial bank affiliated enterprises to "mainly engage in" the issuance, listing, underwriting, sale, or distribution of securities.

Securities companies are prohibited from engaging in banking business, basically blocking all possibilities.

In addition, if there is a federal guarantee for bank deposits and depositors can obtain compensation from the federal government when the bank closes, it is possible to eliminate the panic of depositors and reduce the probability of a run.

As a result, the Federal Deposit Insurance Corporation, an institution dedicated to guaranteeing bank savings, came into being.

Financial institutions such as commercial banks, investment banks, and trusts must first deposit a certain amount of funds into the Federal Deposit Insurance Corporation before conducting business.

The more private capital a financial institution absorbs in the market, including bank savings, the higher the deposit to be paid.

According to the result of the negotiation, the bill stipulates that deposits of less than US$5,000 will be paid in full, and the excess will be paid in proportion.

That is to say, if there is another Great Depression, then depositors with deposits below $5,000 don't need to worry about whether the bank where they save money will go bankrupt.

Because no matter how many companies go bankrupt, the FDIC will pay in full, not less than a penny.

As for the extra deposits of the middle class and affluent people above $5,000, they can only ask for more blessings. The federal government only needs to guarantee the basic lives of citizens.

People in the world are actually the same, but if you have a bite to eat, even if you have a hard time, the minimum social stability can be guaranteed.

This is what the federal government has to guarantee. Even if it comes again, most people will have food to eat, and there will not be another tragedy of the Great Depression.

So far during the Great Depression, the number of people dying of hunger and cold has exceeded 100,000. The specific figures are believed to be counted after the economy improves.

Not to mention forced livelihoods, nearly one million women and girls took to the streets, contracting illnesses, accidentally conceiving, disabling, maiming, and dying.

When everything is back on track, their ordeal has just begun, and all the faces lost in front of life and death must be picked up in the same way.

"In the past two years, I am afraid that the divorce rate and the marriage rate will both fall." Li Zitao said blankly.

What he can do, what he should do, he has already done it. He maintains relief stations around the world, and sends mobile rescue stations from time to time to recruit unemployed people and make donations.

He is more serious, devoted, and done more than anyone else in these matters.

Even the ‘Unemployment Assistance Plan’ that the federal government wants to implement, the busy, dark Roosevelt has to call him personally to get his lessons.

"I will communicate with the Women's Guarantee Joint Relief Society to help them return to their normal lives." Mary said, lying on the couch, resting her head on his lap.

Mary understood his mood. He always did. He seemed indifferent to everything, but he was clear in his heart.

Especially with regard to charity recently, Mary found that he quietly got up several times in the middle of the night, went to the library to read relevant data, and adjusted the focus of the foundation.

"Unemployment assistance can be introduced in the second half of the year, and the review will definitely be very strict. Look for volunteers who are willing to provide guidance."

The unemployment assistance plan has just been introduced, and the economy is in a mess. You have to use money everywhere. You will certainly not relax in the review. With the help of volunteers, you can also prevent them from bringing the wrong information or filling in the wrong form, wasting time.

"The cooperation between Carefunds and the cooperation has become more and more tacit. According to the survey records, the proportion of child abuse cases in major cities this year has dropped by 23.6%..." Mary stopped most of her work after pregnancy, only about the International Fund for Care of Children (Carefunds). ) Development will still be infrequent.

Now whenever information about child abuse is received, investigators and lawyers from Carefunds will take the lead.

They will first investigate whether there is abuse, and then analyze and assess the child's trauma, and then decide whether to deprive their parents of custody.

The direct deprivation of guardianship is a bit cruel and too arbitrary.

Some bear children just lack education, and if they are taken away from their parents because of a minor lesson after a mistake, it will be detrimental to his growth.

Seeing his wife talking more and more vigorously, he wished to leave here immediately and join in the work together. Li Zitao held her hand and kissed her mouth softly and said, "Should you worry about your stomach, are everything ready?"

"With Lisson and Francis there, do you need to worry?" Mary said with a grin, and she valued the child in her stomach more than anyone else.

To this end, she also called Francis, who was looking at the house in Chicago's Marina Mansion, to take care of her in the hospital with her personal maid.

"That's good, I will come down in a few days. I will go to the hospital every day to accompany you." Li Zitao caressed his wife's long hair. The pitiful and serious action made Mary close her eyes and enjoy the quiet moment at this moment. Gentle.

...

...

In mid-March, the weather turned warm and the sea breeze made people feel relaxed and happy A lot.

Los Angeles, American Trust and Savings Bank.

Wrapped in a caramel-colored windbreaker, Sanil swaggered toward the meeting room, letting the surrounding staff retreat without expression.

Since Roosevelt took office, the wind in the banking industry has become more and more weird, and even those of them in the industry have no idea.

But Washington's position is very firm. The federal government will intervene in the market and will not let the market economy continue to decline.

This makes business people happy and worried, and the intervention of Washington will reach the point where it will play a role in the development of various industries. It will take time to prove.

Compared with merchants who are worried outside, trust banks are also stormy.

Originally thought that the introduction of strong aid, after getting rid of the scandal, can enter the vigorous development, who knows how to calm down after just a few months, the original strong aid became an internal enemy.

Snapped.

The door of the meeting room was pushed open by the assistant, and Sanil stepped into it, walking straight towards the main seat without even looking at the shareholders present.

This unprecedented performance left the only four shareholders present at the scene black, but there was some helplessness.

They have received news that the shares in Li Zitao's hands now exceed 52%. How can their representatives take the lead?

Watching Sanil sit down, Tago Chiannini couldn't help but say, "Ms. Sanil, what does Mr. Li mean exactly?"

Sanil put his hands on the table and looked at the shareholders present. He smiled slightly: "BOSS wants to get all the shares in your hands. Let's make an offer!"