Hardy Empire 1945
Chapter 263: Entering the core of the California consortium
When Hadi left Janini, it was already one o'clock at night, but Giannini did not rest and sat alone in the study for a long time.
President Johnson's re-election, there may be variables.
But now that the Marshall Plan is in sight, this is a real benefit. How could Giannini give up such a big benefit.
Any republic or democracy can be put aside.
The California consortium must strengthen its ties with Hardy.
Giannini called the assistant over, You go to inform the other family patriarchs and say that there is an urgent matter that needs to be discussed, and come to the manor at 8 o'clock tomorrow morning.
The assistant took orders to go out to inform.
Early the next morning, several big heads of the consortium came to the Janini Manor one after another, and everyone came to the backyard, where there was a garden, where people sat and chatted.
Giannini glanced at the crowd and said, Yesterday, after the President's reception, Hardy and I chatted until after one o'clock in the morning. He told me a piece of news, the Marshall European aid plan, and President Johnson's intention to form a private study group. Hardy Got one of the three team spots.
The other two spots are Rockefeller and Citigroup.
All present are the heads of other companies in the California consortium. When they heard Giannini's words, they immediately understood a lot of things.
The Marshall Plan involves more than 20 billion yuan. This is a huge business. They can sell a lot of goods and invest in Europe. Many of them are national-level projects, and they can make money as long as they get in the car.
Hardy is the leader of one of the three teams and has the power to decide whether the California consortium can get in the car.
I called you here because I want to discuss about Hadi. Let me tell you my thoughts first. Although Hadi joined the consortium before, he was only one of the peripheral partners of the consortium. I think it is necessary to go further and let him Enter the core layer of the consortium. Giannini said.
And no one jumped out against it.
Here are all people who understand, how good it is for them to know what Hardy is holding now.
If they really join the European delegation, their companies can receive huge orders, lend money, and invest in Europe, and their corporate assets will have a leap forward, which is what capitalists dream of.
Before they supported Dewey,
Isn't that what they are looking for? Now that Hardy has brought much more than they want, how could they let it go.
Has the news been confirmed? someone asked.
Giannini said lightly: I spoke on the phone with Rockefeller this morning. President Rockefeller told me that they are forming a team to select companies in the consortium that are suitable for investment in European countries.
How much can we get? Someone asked.
Hadi said there is no limit, how much investment depends on the ability of each team. Giannini said.
Everyone was very happy to hear this. According to their ability, although they couldn't do Rockefeller and Citigroup, it was better than restricting them to a few.
At this time, someone said: In the presidential election, are we going to change camps?
Giannini looked at the man, shook his head slightly and said, You don't need to express your support publicly, and there's no need for it now. Hardy has already stood in the front and won benefits for us, right?
People think so.
I agree with Hardy to enter the core layer. The chairman of Northwest Bank was the first to speak.
I agree too. The chairman of Safe Pacific Financial Corporation nodded.
I agree.
agree.
After all of them agreed, Giannini said, Now let's discuss how many shares to give Hardy.
The core of the California consortium is Bank of America, and the core layer is several major families and enterprises that hold the shares of Bank of America, such as the Giannini family, the Western Bank Corporation, the Safe Pacific Corporation, the San Francisco Consortium, and the Crocker National Corporation.
The Giannini family holds the most shares, accounting for 23% of the shares, and other family businesses have more than ten percent of the shares.
Agreeing with Hardy's entry into the core layer means that Hardy can get the shares of Bank of America and truly enter the core decision-making layer, so that he can decide the direction of the California consortium, not just a subsidiary company responsible for making money on the periphery of the consortium.
How about five percent? someone asked.
I feel a little bit less. If Hardy cannot be tempted, he can completely hand over European investment to others, which will be a heavy blow to us. I feel that we must come up with chips that will tempt Hardy. Someone said.
At least 10% or more, otherwise Hardy will not like it. I have always felt that Hardy is a far-sighted investor. I believe he can play a greater role in the consortium in the future. Someone said.
If Johnson is re-elected, Hardy will definitely be able to win more interests than he does now in his four-year reign, and they need Hardy's political resources very much.
Just as the gangster family was willing to spend money on the old godfather's political resources, they were also willing to spend money on Hadi's political resources.
As a result of the final negotiation, it was decided to give Hardy 12% of the shares of Bank of America. This share is not much or not, and it is at the midstream level, which is believed to be enough to satisfy Hardy.
No one cared about Hardy so much before. In their eyes, adding Hardy to the California consortium was just to expand the strength of the California consortium, but now, they must consider Hardy's opinion, because he now holds what they want.
You are only valuable in the eyes of others when you let them ask for something.
Hardy was in Bill's apartment in San Francisco, Bill was in Los Angeles, and Hardy moved in honestly.
Ring Ring Ring ~!
When the phone rang, Hardy's assistant picked it up and answered it. After saying a few words, he came to Hardy's side and said softly: Mr. Hardy, Mr. Giannini invites you to come over, saying that several directors of the consortium are here, and everyone wants to talk to him. Would you like to chat?
Hardy reckons it's done.
When Johnson spoke out about the European mission plan, Hardy was frantically building it in his head to see how to make the best of it.
In the end, Hardy felt that it was in his best interest to cooperate with the California consortium. Of course, he also had to make the California consortium pay his satisfaction.
Hardy came to the Giannini Manor again and met several core leaders of the California consortium. After greeting everyone, Hardy sat down.
In front of these people, Hardy is now fully qualified on an equal footing, rather than the so-called peripheral enterprises.
this point is very important.
For example, the California consortium runs with Bank of America as the core. The real core circle is the big bosses who control Bank of America. There are hundreds of other companies, which can only be regarded as partner companies.
There are dozens of large and small families in the Rockefeller Consortium, and there are hundreds of companies in the periphery, but the core is undoubtedly the Rockefeller family, and the same is true for other large consortia.
Hardy, can you tell us more about the delegation? said the chairman of Crocker National.
no problem.
President Johnson means that this time to aid Europe, we cannot rely solely on the strength of the government, and the private sector can also play a great role. Now that Europe lacks everything, it is a good time for everyone to make money. Government aid money, those countries must change. But looking at the world, the only country that can provide so many commodities is the United States, so we can earn this money back, and it also stimulates the domestic economy, which can be said to kill three birds with one stone.”
I think everyone knows that whoever gets these orders at the first time can make a lot of money. This is a cake of more than 20 billion US dollars.
For example, Crocker Company, you are the largest agricultural product company in the west. Grain, vegetables, fruits, meat, fish, and forage are all things that European countries are in urgent need of today. What do you think about national-level procurement? order? Hardy asked, looking at Boss Crocker.
Chairman Crocker nodded excitedly.
That decision was a huge order.
Hardy looked at Giannini and the chairman of Northwest Bank again, For example, our banks, Bank of America, Northwest Bank, and Wells Fargo, can provide state-level loans to other countries. Those European countries are too short of money now, and World War II has put them The country was smashed and their treasuries were exhausted. Now that World War II is over, they want to build but have no money. I believe we will go there and they will be very happy.
Several people from Janini nodded.
They naturally know that these countries are short of money, but they can't borrow it casually, and they don't dare to borrow it casually.
Now that the state is guaranteed, the money can be borrowed completely. Banks make money by lending, and they dare to lend each other as long as they are guaranteed.
For example, building materials, steel, cement, wood and other industries, their original homes were blown up and need to be rebuilt. These materials will definitely be imported in large quantities, as well as automobiles, oil, and various materials.
Of course, if they need it, they can also talk about the arms business and get orders for the group's arms company.
After World War II, we had overcapacity, and the country could not digest so many things, and there was a wave of layoffs. In fact, the country did this to digest domestic excess commodities, and maybe there were political reasons. We can ignore these. For us, absolutely It's a great opportunity to make money.
Everyone nodded together, agreeing with Hardy's point of view.
On the first trip to Europe, in addition to the Economic Cooperation Committee, which brought state aid, President Johnson is planning to form three non-governmental inspection teams to go with the Economic Cooperation Committee. They are responsible for exchanges at the national level, and we are responsible for exchanges at the non-governmental level.
It is said that those countries have prepared investment lists. In the past, we could select companies that can be invested in. Such an opportunity is simply too rare.
President Johnson gave me one of the teams. The first thing that came to my mind was the companies in our consortium. If anyone wants to join, you can sign up. I will bring it if I think it is suitable. Of course, if you are not interested, then I will find Others cooperate, Hardy said.
How could there be no interest, such a good opportunity to make money, these people are absolutely impossible to let go.
All old foxes.
Hardy said this, how could they not hear it, Hardy was asking them to make conditions.
Giannini smiled and said: Hadi, we discussed it just now. We think that with your current strength, you can already enter the core management of Bank of America. We are going to take out 12% of the shares. Are you interested?
Hardy leaned in his heart.
Of course I am interested.
This is what I want.
With the Bank of America shares, it is equivalent to him entering the core layer. Originally, there were eight giants in the American consortium, and he became the ninth giant after joining.
Commonly known as the old nine.
Look at Giannini's big nose, it really looks like a mountain eagle.
Entering the core layer, Hardy can have more rights, especially for other companies. Other companies have more or less shares in Bank of America, which is also one of the requirements of the California consortium to accept these companies.
The American consortium now controls more than 30 billion enterprises with a capital of more than 3 billion.
This is not the 30 billion of later generations.
The assets of the top 100 companies in the United States in later generations all exceed this number, and they are still one.
Of course I am interested. Hardy Group is willing to make progress, develop and make money together with you. Hardy said with a smile.
Everyone else laughed too.
Hardy agrees,
Then the business is done.
Twelve percent of Bank of America shares, how much is it worth? Hardy asked.
I've had people do the math, a total of $380 million, Giannini said.
Hardy smiled and looked at the big bosses, and asked with a smile on his face: I don't have that much money at all right now, can I borrow this money from Bank of America?
Everyone was stunned.
Borrowing the Bank of America's money to buy the shares of Bank of America, this guy is empty-handed again.
Why again?
Because this guy from Wells Fargo did the same last time, and now Hadi still owes Bank of America more than 100 million.
Giannini and a few bosses looked at each other.
Okay, I'll lend it to you. Giannini said.
Anyway, the money was borrowed for them. The money has not been reduced, and it will not affect their subsequent investment business. The only thing that has changed is that Hardy exchanged an IOU for 12% of the shares of Bank of America.
certainly,
Hardy is paying interest on the $380 million loan.
Andy flew in from Los Angeles with the team.
The shares will be ready in two days.
Wells Fargo bought a 12% stake in Bank of America and became the fourth largest shareholder of Bank of America. At the same time, Wells Fargo borrowed 380 million from Bank of America to pay for the acquisition.
Wells Fargo is now Hardy's sole proprietorship, so Hardy owns a 12% stake in Bank of America.
After the acquisition was completed, the Global Times disclosed this major transaction, and many people were surprised when they saw it.
Didn't the two fall out?
The California consortium had previously said that it would kick out the Hardy Group, but in the blink of an eye, the Hardy Group acquired the shares of Bank of America and entered the core of the California consortium.
This is changing too fast.
Of course, there are also discerning people who know the doorway here. Now Johnson has a great momentum. Hardy has invested in Johnson. Once Johnson wins, it will definitely bring great benefits to the consortium. The American consortium is repairing the relationship.
At the same time, with Hardy's current strength, he is indeed qualified to enter the core layer of the consortium.
Countless people admired Hardy. Hardy's investments are like magic every time. In just three years, he has become one of the core families of a big consortium, which is really amazing.
Others have been operating for several generations, he only used a few years.
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