Hardy Empire 1945

Chapter 203 Interest Alliance

Why so much investment suddenly. Hardy asked.

In fact, he already had some guesses in his mind.

Mayer explained:

My initial partners were Pepsi, Crocker Produce, and Mersey, plus you and me, investing 20 million.

Later you said you wanted to increase it to 50 million. I told my partner about it, and they said they could bring in new investors, so they brought in Bank of America and Lockheed.

After they knew that you were going to build a new casino and invest 100 million yuan, everyone discussed it for a long time. If the investment in the new casino is too small and there is no development advantage, it is better to add more investment and finally agree on 100 million yuan.

Bank of America said they would secure the rest of the funds, excluding the stakes of other investors.

Hardy said in his heart, I am afraid that in the end, Mayer will not be able to control it.

At the beginning, he promised him that he could invest in casinos in Las Vegas. Mayer's idea was that MGM had the dominant stock and had actual control of the casino. However, with the development of the situation, big capital entered, and MGM has been marginalized.

MGM is nothing in the face of the behemoth Bank of America.

Bank of America was eyeing this piece of fat, thinking it was a perfect opportunity to take the opportunity to enter Las Vegas.

Is there a plan for the distribution of shares? Hardy asked.

Mr. Amadi Giannini, the boss of Bank of America, wants to meet with you before discussing how to distribute the equity, Meyer said.

Hardy can now be sure that the other party not only takes a fancy to the Las Vegas gambling industry, but also takes a fancy to himself.

No problem, Mr. Mayer, please help me get in touch, I'd love to visit Mr. Giannini. Hardy said.

What should come always comes.

Hardy is developing very fast now, and he will definitely be targeted by people who are interested. In fact, this is nothing. He is located in California, and the industry is here. Naturally, he belongs to the California consortium to win over the target.

It's just that he didn't expect this day to come so soon.

This is also because he is developing too fast, and there are things that the other party values, so he will contact him so quickly.

Hanging up the phone, Hardy called Henry, Henry, help me collect information about the California consortium, the more detailed the better.

Good boss. Henry led the order out.

Meyer's actions were quick. He called Hardy a day later. Mr. Giannini wanted to see him as soon as possible. The meeting place was at Giannini's manor in San Francisco.

Hardy can arrange to form a trip to San Francisco anytime.

It seems that the other party is also in a hurry.

Well, I'll go there tomorrow and officially visit Mr. Giannini at three o'clock in the afternoon. Hardy said.

Okay, I will inform Mr. Giannini. Mayer said.

the next day.

Hardy boarded his own private plane, the B29 bomber. The plane was finally remodeled. There was no bomb-dropping equipment in it. The cabin was airtightly packaged and decorated. There is a large bed.

The modified aircraft is quieter and more comfortable to ride.

The bombing equipment was dismantled, but Hardy kept the machine guns, 12 12.7 mm caliber M2 machine guns, distributed on the top, bottom and sides of the fuselage, and a 20 mm caliber M2 machine gun installed in the tail turret.

This time, only Henry and Andy came with Hardy. As for security, the San Francisco HD Security Company will be in charge of it after landing.

During the flight, Hardy once again took out the information of the California consortium. It seems that the ancestors taught the truth of 'knowing yourself and knowing your enemy in a hundred battles' thousands of years ago.

A California consortium with Bank of America at its core and members including Safe Pacific Corporate Finance, Crocker Agriculture Group, San Francisco Group, Wells Fargo, Lockheed, Lipton Industries, Northrop Gru Mann Corporation, Philco Corporation, Sylvania Electronic Equipment, San Francisco Power Company, Proton Real Estate Development Corporation, California Life Insurance Company, California Transportation Company, California Oil Company, First Bank of Los Angeles, Martin Marietta Corporation , Kaiser Group's Kaiser Automobile Company, Kaiser Steel Company, Kaiser Aluminium and Chemical Company.

Through cross-shareholding and joint agreement, the total assets of the companies under the control of Bank of America Group are about 8.5 billion US dollars.

Most of the consortia before World War II belonged to family consortiums, such as Rockefeller, Morgan, DuPont, Mellon, and developed with a family as the core.

Even the Cleveland consortium, the Chicago consortium, and the Boston consortium have developed based on the union of several families.

The California consortium is a little different. It belongs to the local consortium rooted in California, which benefited from the rapid development of World War II. Among the companies, the Bank of America is the core, and they exist in the form of cross-shareholding to form an alliance of interests.

In comparison, it is looser than other families, but the expansion rate is faster. This situation can only be said to be good and bad.

It’s like someone forming a group, adding some powerful people into the group, and integrating resources to make money together.

The advantage is that it develops fast.

The disadvantage is that if it is against other big capital consortiums, it is easy to be defeated by people and eventually fall apart.

After reading the information, Hadi had a bottom line in his heart, put the information aside and pondered silently, thinking about what the chairman of the Bank of America, Mr. Amadi Giannini, would say to him.

Andy looked at Hardy with his eyes closed, and picked up the information. It seemed that Andy had his own guesses about this meeting.

After a long time, Hardy opened his eyes and looked at Andy, Andy, if someone wants to buy our property, what do you think can be given up?

Andy thought for a while, Except for HD Security Company, ABC TV and Hardy Hotel, everything else is fine.

Hardy smiled, shook his head and said, I think Hardy Hotel should be replaced by Global Times.

Andy was a little surprised: Are you willing to let go of the casino business?

You can let go of business that is only for making money, as long as it can be exchanged for more profitable business, Andy, what do you think we are lacking most now? Hardy asked again.

This time Andy didn't hesitate, and said directly: Without a bank, all the consortium's industries are centered on one or several banks, and other industries are the pillars. If the Hardy Group owns a bank of its own, it will be like Soars like an eagle with wings on it.

Andy used to be a banker, a vice president of a bank, and he knows best what a bank does and how it helps businesses.

If you have your own bank, it will be countless times easier to do things, such as investing in your own industry, stock trading and short selling, investing in companies with potential, inter-company financial settlement, fund management, etc. There are too many benefits.

I thought so too. I thought it was still early, and the bank's affairs were not on the agenda for the time being, but maybe now is an opportunity? Hadi said.

What are your plans?

Look at it and say, I don't know how Bank of America is going to work with us. It's all an idea right now, Hardy said.

The plane landed smoothly at the San Francisco airport.

The head of HD security in San Francisco had already brought the convoy to wait, Hardy and Andy got in the car, Henry took over the security team directly, and the convoy drove to the Giannini Manor.

The convoy came to the gate of the manor, and there was a group of people waiting to greet you at the gate. The butler looked inside the car and said respectfully, Is that Mr. Hardy? The master asked us to welcome you here. Mr. Hardy, please come in, and the master is waiting in the hall.

The convoy entered the manor,

Hardy got off the car, the servant opened the door, and a spirited old man stood in the hall. Hardy smiled and said, Mr. Giannini, it's a pleasure to meet you. It's my honor to meet you.

Hardy has read the information of the old man. The old man is 76 years old this year, but his mental state seems to be very good, and he is still in charge of the family business.

The old gentleman reached out and shook hands with Hadi, and said with a smile, Although I know you are only 26 years old, I am still surprised to see you. A 26-year-old young man has created a life-changing creation in just two years. completed work.

You are too complimented. Hardy said modestly.

Young man, let's sit down and talk, what to drink? Giannini asked with a smile.

Tea.

The old man nodded, I also like to drink tea.

The two sat down, and the people around stood far away, including Andy, who could only sit far away.

Hardy, I'm very interested in Las Vegas casinos. No one has ever interfered in Las Vegas business at will. Thank you very much for giving everyone this opportunity. Giannini said.

I always believe that only by making money together can we grow the business. Hardy said with a smile.

This understanding of yours is very rare. I only realized this truth when I was forty years old. Only when everyone unites can we make more money.

Hadi, what's your opinion on the investment in the new casino? the old man asked.

Hardy paused for a moment and said, My idea is that I own 20% of the shares. If I am allowed to operate and enjoy the dividends of the management rights, if I am not allowed to manage, then I will only take dividends from the equity.

Hardy's words were very inoffensive.

The old man looked at him.

He smiled and said, I think it's best for you to manage it. After all, you are most familiar with this area. The previous Hardy Hotel managed very well. I believe in your ability.

If you let me run the business, then I have a condition. Hardy said.

you say.

During the period of my operation, I have full management rights and will not be restrained by the shareholders. Of course, the agreement can specify the terms. If the loss caused by poor management reaches a certain level, the complete management rights will be lifted, and the decision will be made by the shareholders' meeting, and a president will be hired. Hardy Road.

The company that the new casino has invested in is either a California consortium or their friend. If Hardy is allowed to run the business but has no decision-making power, as long as the other party is a little dissatisfied, he can use the voting rights to influence him at any time.

Although he is not afraid of losing the management rights, he doesn't like the feeling of being manipulated, so he has this.

Giannini finally saw the young side of Hardy, and said in his heart that this should be the real face of Hardy.

He has created hundreds of millions of assets in two years and became the ruler of the largest underground force in Los Angeles.

The old man nodded, I agree with your opinion. I agree on behalf of Bank of America. As for the specific shares and other collective partners, we will discuss it together, including the dividend ratio of each shares and management shares.

Hardy knew that as long as the old man agreed, the matter could basically be settled.

The old man took a sip of tea from the cup, put down the cup and asked, Hadi, do you have any plans for the future development of your industry?

Hardy knows that Giannini may have to talk to himself about other things, and this sentence is just the opening remark.