America 1919

Marx Quinn's suggestion had already crossed Harry Sinclair's mind this afternoon, and he had proposed it to Hein Howell. He hoped that Hein Howell would influence the NYSE in the name of Morgan to make such a decision.

"I'm very sorry, Harry, I have already lodged a protest with the NYSE in the name of Morgan, but they said that this is a matter of media freedom, and they cannot interfere with media reporting," Howell said, sitting in his home with a complicated expression on his face.

In fact, what Howell just told Harry Sinclair wasn't entirely accurate. He did indeed protest to the NYSE, but the protest wasn't issued in the name of Morgan; it was in his personal capacity.

It wasn't that he didn't want to use Morgan's name; it was that Morgan's higher-ups did not allow it.

After spending several hours, Hein Howell understood why Morgan's upper echelons did not permit it.

Morgan was indeed one of the shareholders of Sinclair Oil Corporation and one of the stock management companies for Sinclair Oil.

But don't forget, Morgan's subsidiary, General Electric, was also a shareholder of Atlantic City Broadcast, which is now so popular on Wall Street. How could Morgan pass up such an opportunity to pressure a company it had invested in?

In Howell's view, some of Morgan's leadership had already positioned themselves as referees in this short-selling battle, treating this fight fairly and wanting to see who would ultimately win. After all, no matter who won, they would profit in the end.

Even if Sinclair Oil Corporation was defeated this time, they believed the share price was only temporarily depressed. Morgan was confident that after this incident, Sinclair Oil's share price would rebound.

Even Howell considered that the company might have other thoughts, such as buying a portion of Sinclair Oil's stock when its price dropped to a certain level.

Whether they waited for Sinclair Oil's stock price to rise or sold it to Donnie Block at an attractive price after the battle ended, the company would profit!

After receiving a negative response from Hein Howell, Harry Sinclair's face grew even more pained and resentful.

He then dialed his lawyer's number.

"Are we really unable to sue in court to stop Atlantic City Broadcast from continuing its coverage on this matter?" he asked.

Harry Sinclair had tried both of Marx Quinn's suggestions, but neither had been successful.

Now, he was clinging to a last hope.

"Of course we can, but for that, we need a court in Atlantic City or New Jersey to issue a restraining order against Atlantic City Broadcast. I contacted some lawyer friends in Atlantic City and Trenton this afternoon. Perhaps you're not aware of the influence Donnie Block wields in these two places. If you knew, you'd understand why our plan is doomed to fail!"

Slam!

Harry Sinclair angrily hung up the phone he was holding and sat in his chair, fuming.

Harry Sinclair, who hadn't slept all night, had no appetite for breakfast but instructed his subordinates to buy up all the newspapers available in New York City.

As expected, the entire New York press was covering the story.

'The Barbarians at the Gate!' – "Wall Street Journal"

"Wall Street Journal," which had already reported on this issue yesterday, continued its coverage today, defining Donnie Block as a barbarian at the gate.

"Donnie Block is using a barbaric, crude approach to knock on Wall Street's door. Until now, the rise and fall of Wall Street stocks followed their own business laws, rising or falling in a traceable pattern. But now, Donnie Block is showing us a whole new method, one that defies business norms...

Donnie Block is challenging the centuries-old history of Wall Street…" the article read.

'The Short-Selling Battle That Will Influence the Future Direction of Wall Street!' – "The New York Times"

As the most influential newspaper in New York, "The New York Times" was also covering the news.@@novelbin@@

"For the past three days, the whole of Wall Street has been going through an unprecedented transformation, sparked by the short-selling battle involving Sinclair Oil Corporation. Donnie Block, like a barbarian, has suddenly made his appearance here, challenging the history of Wall Street and the existing rules of the financial district.

We do not know the outcome of this matter, but we understand that this process is unethical. Every company's stock price should follow the state of its own business development.

But now, Donnie Block, using the powerful platform of Atlantic City Broadcast, is creating negative publicity for a quality enterprise in an attempt to manipulate the company's stock price through this sentiment.

If this action is successful, the stock price of any listed company could be suppressed using similar tactics in the future, rendering any analysis worthless. How would ordinary investors be able to assess a company's stock price under such circumstances..." the article stated.

'The Battle to Protect Wall Street!' – "The World Newspaper"

Discover hidden tales at My Virtual Library Empire

Before "The New York Times" rose to prominence, "The World Newspaper" was the largest-circulation newspaper in New York. "The World Newspaper" was published in two editions, morning and evening, with a circulation of 600,000 copies per issue.