Hardy Empire 1945

Chapter 206 Officially Joining the California Consortium

Have you heard the recent rumors? Hardy asked Johnston to sit down and asked with a smile.

I heard that I have been waiting for the shareholders to hold the shareholders' meeting, but no one has contacted me from beginning to end. I originally wanted to contact the shareholders in the past two days and take the initiative to hold the shareholders' meeting. I didn't expect you to contact me today. President John said .

Hardy smiled: Actually, you don't have to contact them anymore. Many shareholders have signed a sale and purchase agreement with Bank of America. They are no longer shareholders. Now I own 46% of Wells Fargo shares, and I am already the largest shareholder.

John looked at Hardy in surprise.

Although he had already guessed it, he did not expect Hardy to acquire so many shares so quickly.

Then I should call your boss. You called me today, I don't know what you ordered, or you are going to fire me. John said.

Hardy smiled and shook his head, I'm not going to fire you, we've been in good contact before, haven't we, your idea of ​​'providing the best service for customers' is in line with my idea, John, I'm looking for you today , just wanted to talk about you.

John, I want you to stay as CEO and make Wells Fargo the best bank in America. What's your current annual salary?

$26,000.

I'll give you $30,000, with an annual increase of 5%, and you can get 5/10,000 of the bank's profits, Hardy said.

John's heart trembled slightly.

No one is not interested in money. He works to make money. Now his salary has increased a lot, and it will increase every year, especially the commission, which makes John very tempted. If he can make the bank's profit reach 100 million, then He has a commission of $50,000, which is higher than the annual salary. This goal is actually not difficult to achieve.

After Wells Fargo is acquired by the Hardy Group, it will definitely become the core bank of the Hardy Group. All accounts will go here. He knows the earning power of the Hardy Group better than anyone else.

In the past, Wells Fargo could only work hard in silence. Now that it has a backer, I believe it will enter a period of rapid development.

What do you want me to do Mr Hardy? John asked.

It's very simple, before I complete the acquisition, within the stable bank, I want to take over a complete and healthy bank. Hardy said.

John nodded, Don't worry, Mr. Hardy, I can do this.

The acquisition of Wells Fargo is far less intense than Hardy imagined. It has to be said that the consortium is strong, and a single company, even a bank with assets of hundreds of millions, has no power to fight back against a consortium.

You can be stubborn.

But the end result is assets shrinking,

Even business in the future will not be able to do.

Even the founders, the Fargo family, chose to sell their shares, not to mention other small shareholders. It took one month for Bank of America to complete the acquisition of the shareholders' shares.

After a few days,

The market released a big news.

Wells Fargo prepares to delist.

The delisting of stocks is often due to the fact that the face value is too low, the share capital is not enough, the number of shareholders is not enough, the stock price is too low, and it is forced to be delisted. This time Wells Fargo applied for delisting voluntarily. Wells Fargo will no longer be a public company.

Why did Hardy let Wells Fargo voluntarily delist?

The reason is very simple. Get the tradable shares directly and hold 100% equity of Wells Fargo Bank. The purpose of listing is to make money. Hardy thinks that you can use other companies to make money, instead of using the bank.

At least not for the time being.

There are other benefits of delisting. After delisting, there is no need to publish financial reports, which is convenient for secret work in the future.

Another half month.

It's almost Christmas, and there is news again that Bank of America officially handed over the complete Wells Fargo to Jon Hardy, the owner of ABC TV, and since then Wells Fargo has become Jon Hardy's personal property.

But Hadi also loaned 160 million to Bank of America for this purpose.

This loan was borrowed by Hardy from Bank of America in his own name, so Wells Fargo is now Hardy's complete personal asset company and has nothing to do with his other businesses and companies.

Wells Fargo's San Francisco headquarters office building.

Hardy took Andy to meet with a group of Wells Fargo executives, and Johnston introduced Hardy to the vice president and department heads.

General Banking Department, Investment Management Department, Capital Management Department, Human Resources Department, Corporate Legal Department, Corporate Affairs Department, etc.

In addition, there are branch managers.

Hardy made a brief speech, telling the management that there will be no personnel changes, please continue to work with peace of mind and be satisfied with their previous jobs.

However, he also told them that the Hardy Company will form a group, and Wells Fargo will become the financial core of the Hardy Group in the future, and funds and investments will go to Wells Fargo.

Now that there is a bank, the funds of the Hardy Group will run more smoothly in the future.

Wells Fargo is a full-service bank, including community banking, professional financial services, investments, insurance, various loan businesses, and more.

Hadi felt that their previous development was too conservative. In any case, it was a bank with decades of history. It is still a small regional bank in California, and has not gone out at all.

However, there is also an advantage, that is, the inner strength cultivation is very solid.

Wells Fargo will enter the fast lane of development in the future. I hope that within three years, there will be at least one Wells Fargo branch in every city in the United States, and it is also ready to expand overseas business. In order to develop rapidly, mergers and acquisitions can be carried out.

Customers are resources. Find ways to increase the number of customers. For example, you can contact water and electricity companies, and banks can collect water and electricity fees on your behalf.

The investment business of the Hardy Hotel has more than 50 million deposits in Wells Fargo, and the money involves 200,000 to 300,000 users. In the future, the other two casinos of the Hardy Group will open, and more agency investment companies will be opened, and the number of customers will increase. multiplied.

Hardy has thought about it. When every city has a Wells Fargo branch and the casino is built, he will carry forward the TV lottery business. Before, the lottery was drawn once every 2 hours. In the future, there will be 3 casinos, and the time will be different. Once every half an hour, using different lottery modes, there are so many lottery games in later generations, which can be used.

When coming to Las Vegas to gamble, many people need to arrange a special time, but TV lottery is not needed. They can participate by lying on the phone and making a phone call, completely for the sake of customers.

The business of TV lottery, Hardy is the only one in the United States, and more and more people will definitely play in the future, earning countless banknotes for the casino.

Tonight at the Giannini Manor, there is a grand reception, which is specially held for Hardy.

Everyone who joins the California consortium will be welcomed like this, and the owners of all member companies will come to participate, meet new members, and make connections so that they can work together to make money in the future.

Hardy takes Andy and John to the reception.

There were only men at this reception. When Hadi walked into the hall, there were already more than 40 people standing in the hall, and the people were dressed in straight suits. When Janini saw Hadi coming in, he walked over to Hadi and held Hadi's hand and raised it. Passionately introduced:

Everyone, this is our newest member, Mr. Jon Hardy from Hardy Group, I think everyone should have heard of HD Security, ABC TV, Hardy Hotel, these are Hardy's properties. .

I'm sure there must be a lot of people here who have read Playboy, which is also Hardy's business.

The men had smiles on their faces that everyone knew.

From today, Jon Hardy will be our partner, and we have another strong partner. Everyone applauds and welcomes Hardy to join us!

wow wow wow,

Wow wow wow wow~~!

A group of men applauded and welcomed Hardy to join.

From this moment on,

Hardy officially joins the California consortium.

Become part of a capital consortium.

Then Giannini personally led Hardy and introduced him to the people here one by one, including the owner of Safe Pacific Company, the owner of Kaiser Group, the owner of Crocker Agriculture Group, the owner of Meitong Real Estate Development, the owner of California Life Insurance Company, the owner of Lockheed German company boss.

It took half an hour to be introduced. Everyone greeted Hardy and shook hands. He was welcome to join. There were dozens of people. If Hardy had a good memory now, it would be impossible to remember so many people at once.

Finally, Hardy also introduced Andy and John, one is the president of Hardy Group, the other is the president of Wells Fargo, and they will be Hardy's right-hand man in the future.

The long banquet table is very similar to the dining scene of the ancient European court, and each of these people who can serve the table is a so-called big capitalist, and those with less than ten million assets are not eligible to sit here.

There are no women, no music, no dancing at this banquet. Everyone has only one topic, and that is business and making money.

After lunch, we entered free communication time. Someone came to say hello to Hardy. He was the owner of Meitong Real Estate Company.

Mr. Hardy.

Hello, Mr. Stone.

Williamson said with a smile: Mr. Hardy, I heard from Chairman Giannini that you are going to build two more casinos, each with an investment of hundreds of millions of dollars, which is a big deal. We are a professional construction company and real estate company. The development company has developed many large projects, and I hope to cooperate with you.”

With an investment of 200 million yuan, if it can get these two projects, even if there is only one, the company can make a lot of money from it.

Hardy naturally knows the name of Matong, which is the largest real estate development company in California and the largest construction company at the same time.

Of course I am willing to cooperate with the company. I am looking for someone to do the planning for the two casinos. I also found other construction companies. I welcome the company to join. If the conditions are the same, I can choose the company first. Hardy road.

Williams Stone immediately smiled, Then I would like to thank Mr. Hardy, and I will ask my staff to contact the people in your company when I go back.

Saying that, he raised his glass and toasted Hardy.

The owner of Matong left, and another middle-aged man came over, Hello, Mr. Hardy, I'm Walter Mack, chairman and president of PepsiCo. I heard that you got the shares of PepsiCo from Bank of America?

Yes, I am very optimistic about the future of Pepsi, so I bought their shares. Hardy said.

Walter Mack is a little puzzled, are you optimistic about Pepsi? Now the vast majority of people are more optimistic about Coca-Cola. Pepsi-Cola is squeezed to only 5% of the market share, and it is all low-end market. Many people say that Pepsi-Cola will end up either being acquired by Coca-Cola or being killed by Coca-Cola. .

In fact, in history, Pepsi has asked Coca-Cola to buy itself three times, but Coca-Cola has not agreed, because they feel that Pepsi has similar tastes to their own, and there is no need to buy him, and Pepsi will eventually die.

In the end, Coca-Cola lost sight of it. I didn't expect Pepsi to become stronger and stronger, and finally surpassed him.

Can I ask why you're bullish on Pepsi? Weiner asked.

I have some thoughts on the development of Pepsi-Cola. It may take some time to express clearly. Let's make an appointment to discuss in detail. Hardy said.

Okay. Weiner replied happily.

He knew that Mr. Hardy could be described as a business genius in front of him, and many ideas are still talked about, such as TV shopping, which started the history of telephone shopping, attracting countless women to stand in front of the TV every afternoon.

For example, casino lottery draws and proxy investment companies are a brilliant idea. The United States now bans lottery business, but in Las Vegas, gambling is legal. Hardy uses the model of legal casino + live TV + proxy investment company. The ban on lottery tickets is perfectly avoided.

Moreover, in his current status as Hardy, the owner of Hardy Group, the owner of Wells Fargo, with assets of several hundred million, has already been several grades higher than him, and he is willing to discuss with him in detail.

Hardy also took the initiative to find other people to chat with. He has never had social phobia, and was never afraid to communicate with people. He became friends with many people in a short time.

In the crowd, he saw David Mersey, the owner of Mersey Pharmaceuticals, and he suddenly thought of something. Victor arrived in Hong Kong a month ago. After he stabilized, he started to work. He rented a building in Central and put it on the auction company. brand.

Victor is a shrewd person, knowing that this visit to Hong Kong is his chance, and observing the situation here, he knows that the Chinese civil war is very fierce, many people fled to Hong Kong, and a large number of people poured into Hong Kong.

The boss said that the land would appreciate in value, which he now believed deeply, and admired the boss even more in his heart. He could guess this from thousands of miles away.

He also learned a lot of other situations. He would send a telegram to the headquarters every other week to report what he had found. Victor’s telegram would be sent to Hardy every time. One of the telegrams stated that he found that now The price of penicillin on Hong Kong Island is so high that some people even pay $30 for a bottle of penicillin.

You know, the US dollar is linked to gold at this time, and 30 US dollars is equivalent to 24 grams of gold, so there is a saying that a small yellow croaker is exchanged for a bottle of penicillin.

If you can get a batch of penicillin in the past, you will definitely make a lot of money. As for why others don't sell it to Hong Kong, there is a simple reason, the information is poor, the information at this time is far less developed than later generations, and few people in the United States pay attention to news from the East.

Even if a very few people know about it, they will secretly hide the news, because everyone knows the news, there is no way to continue to make high prices.

Mersey Pharmaceuticals was one of several pharmaceutical companies that the U.S. government formulated to produce penicillin during World War II, including Pfizer. Hardy saw that Mersey's boss thought of this, and he might be able to buy a batch of penicillin from him. .

There is no patent for penicillin, so we can build a penicillin production line directly in Hong Kong. This business can be done for decades, and it can save many people.

Hello, Mr. David Mersey. Hardy raised his glass and smiled.

Hello, Mr. Hardy, I just wanted to chat with you, but unfortunately there are too many people around you. When do you think it's appropriate, let's talk about MGM Casino? Mersey said.

This guy is also one of the new casino investors, and there are definitely many problems with buying penicillin.