《股票作手回忆录·第九章·1907大恐慌·做空封神》第15节

回忆录 · 第5章 · 第15节

Friends used to tell me that in various offices the Boy Plunger in Harding Brothers’ office was quoted as making all sorts of threats against the bull cliques that had tried to mark up prices of various stocks long after it was plain that the market was bound to seek a much lower level. To this day they talk of my raids. From the latter part of September on, the money market was megaphoning warnings to the entire world. But a belief in miracles kept people from selling what remained of their speculative holdings. Why a broker told me a story the first week of October that made me feel almost ashamed of my moderation. You remember that money loans used to be made on the floor of the Exchange around the Money Post. Those brokers who had received notice from their banks to pay call loans knew in a general way how much money they would have to borrow afresh. And of course the banks knew their position so far as loanable funds were concerned, and those which had money to loan would send it to the Exchange. This bank money was handled by a few brokers whose principal business was time loans. At about noon the renewal rate for the day was posted. Usually this represented a fair average of the loans made up to that time. Business was as a rule transacted openly by bids and offers, so that everyone knew what was going on. Between noon and about two o’clock there was ordinarily not much business done in money, but after delivery time--namely, 2:15 P.M.--brokers would know exactly what their cash position for the day would be, and they were able either to go to the Money Post and lend the balances that they had over or to borrow what they required. This business also was done openly.

注释摘要

这段文字实际上在讲两件事:一是江湖名声如何被人为制造出来,二是1907年大恐慌前夕的货币市场已经病入膏肓,而大多数人选择了捂住眼睛。我们先说名声这回事。利维摩尔在华尔街的绰号是“少年作手”,这个名号早在他年轻时做多头时就已经叫开了。但这里提到的是另一面:在他做空的这段时间里,各地的营业厅开始流传他的各种“威胁”——说他要收拾那些多方集团,要砸盘,要教训那些…