Now they want to take Deep Sea Bank public, and everyone present understands that once Deep Sea Bank is listed, it will certainly become the largest publicly traded company in the United States, and the benefits it will bring to them will be enormous.
"Block, we have been issuing bonds continuously for the past two years to increase investment in Florida. Although there are still three years left until the first batch of bonds matures, our investment is already substantial!"
Pierre DuPont also spoke up.
To accomplish the feat described above, a continuous influx of capital is needed. The initial $500 million in cash prepared by Venus Bank for Deep Sea investment, as well as $1 billion in cash from bond issuance, was already spent by 1927. To ensure Deep Sea Bank's growth, they subsequently issued bonds twice more, once for $700 million and once for $500 million!
