Chapter 1295: Cold Refusal Curry with Chips
As an American capitalist, the majority shareholder of GE believes that his position is very correct. Although, in his view, the country on the other side has been scandalized as a terrible enemy like a flood of beasts. Even their actions were almost equated by him with some kind of terrible invasion. But he doesn't think there's anything wrong with his views.
Of course, this has nothing to do with patriotism. There is no such thing as patriotism among pure capitalists, and as long as they have an interest, they can sell even the most dangerous weapons to enemy countries at the most critical moments of their own country. It can be said that if it were not for the malicious attack of the other country, the major shareholders would not be willing to offend such a big financier! He was forced to do this purely because he was forced to be helpless, and it was precisely because he was forced to be helpless that he was even more malicious and slanderous over there.
Knowing that the enemy's terrible is still there, he is indecisive, and hesitating will only bring disaster to himself. As a seasoned capitalist, the majority shareholder was well aware of the consequences of a hidden mistake, so he resolutely put an end to such a mistake, and from the very beginning he was determined to break the boat.
In the face of his determination, the elder Morgan felt out his beloved pipe with a blank face, and after knocking it twice on the desk, he drew a match and lit it. The smoke began to fill, and even the expression on his face was obscured.
Although the major shareholder very much wanted to know what the attitude of the elder Morgan was at this time, he did not dare to stare at him so bluntly. So he could only observe snuckly, and nervously awaited the last reply from old Morgan.
This answer didn't keep him on the board for long, and the elder Morgan only thought about it for a moment before he came to his own conclusion.
"How do you want me to help you?"
"Money, big money." Hearing this, the mood of the major shareholders immediately became invigorated. "About 100 billion in liquidity, enough for us to pull the stock back up. As soon as we pull the stock back, the guy on the other side has no handle to clamp us down. After all, GE is a worldwide company, and he will never dare to go too far! β
"Are you sure?" Hearing this, an expression appeared on the old Morgan's face. He took two puffs of tobacco and then said slowly to the major shareholder. "Having used such tactics, do you think they will give up so easily? Even if you bring the stock price back, what can you do, can you still keep the stock in your hands? In order to keep the company running, you definitely still have to invest the stock back in the stock market. And at that point, how can you be sure that your so-called enemy will not use the same means against you again? β
"This can't be, of course it's impossible!" Hearing such a question, the major shareholder was shocked, and then immediately retorted with a forced smile. "They have lost nearly 100 billion yuan in this malicious suppression of the stock price. If something like this happens again, the price they pay will become even greater. Even they can't afford to lose like that, because they're not sure if we'll be able to hold on any longer. So, so they definitely won't. Yes, Your Excellency, they will not do that. β
"The idea of idealism, however, is too naΓ―ve." Spitting out smoke rings, old Morgan shook his head and said. "You must know that a mature capitalist should not have such naΓ―ve ideas. Sir, you've been in this field for decades, and there's no reason why you shouldn't know that. So this also means that your heart has already been messed up. You're not sure if things will go the way you say, are you? β
"Your Excellency, no one can be sure of this. And that's not the question that we need to explore now. All we need is your help! β
"No, you need my help, that's right. But I also need to figure out if you're worth my help. 100 billion is not a small amount, I can give it to you, but how can you give it back to me? After all, I'm a capitalist, not a philanthropist. Take 100 billion to do charity, I haven't been generous to this extent. β
At this point, it is already the most critical stage of negotiations. The major shareholder knew this, and he knew that if he wanted to make the most critical move, then he had to come up with enough leverage.
Unfortunately, he can't come up with such a chip right now. You must know that even when General Electric was at its peak, his entire net worth as a major shareholder was only tens of billions. Now that GE is plummeting, his assets are shrinking. Even half of his heyday was not him, how could he have such a big bargaining chip. So at the moment, he could only say to old Morgan with a bitter face.
"Your Excellency, you know I don't have any chips in my hands right now. But I can assure you that once GE gets through this, we can make a fundamental adjustment to our corporate strategy right away. We can work together on many fronts. It may take a long time, but I can guarantee that the final reward will be satisfying. β
"I'm satisfied, I'm afraid you don't believe it yourself. Forget it, let's just leave it at that. β
Shaking his head, old Morgan seemed to have lost interest in such an exchange. So he immediately took out a checkbook from the desk in front of him, and after a few strokes on it, handed it to the major shareholder.
Such an action made the major shareholder have a bad premonition in his heart, and he subconsciously looked down, and the bright nine digits on it immediately made his face ugly.
"Your Excellency, what do you mean by that?"
"I like Monet's water lilies very much, and I remember that you used almost $200 million to get them back. Now that the world is in turmoil and the art market is only falling, I will pay 300 million dollars to buy this painting, which should be a good enough business for you. β
The old god of old Morgan's answer was there, and from his answer, the majority shareholder already heard what he meant, he refused his request, and in this way completely drew a line with himself. This made him feel humiliated, so immediately, he said with some annoyance.
"Your Excellency, are you treating me like a beggar again?"
"Beggars?" After a playful glance at the major shareholder, the elder Morgan laughed. "It seems that your life is more luxurious than I imagined. Will it cost $300 million to send beggars? If I had been a beggar, I would have taken some coins from my body instead of taking a check. β
"Sir, perhaps you think it's a charity. But in my opinion, this is just a little kindness from an old man like me, leaving you a little chance to turn the tables. Maybe you'll lose everything soon, and at that point, this check will likely be the only money you can make a comeback. Of course, you can also use it to enjoy your old age. Although you are not old enough to enjoy your old age, many people fall and never get back up. Trust me if this happens to you, and I won't be surprised. β
Although Morgan's words may sound full of good intentions, in the ears of the major shareholders, they are even more humiliating. It gave him the urge to tear the check in his hand to shreds. But until the end, he didn't turn this impulse into reality.
He took a deep breath and swallowed all the resentment into his stomach. The major shareholder straightened his face and said to the old Morgan unceremoniously.
"I don't understand why you're doing this, Mr. Morgan. Do you think everything I said before was alarmist? Do you think that if you let the capital of that country into our country, it really won't have any impact on you? Let's not forget that we, the capitalists, the consortium we represent, are able to have everything today on the premise that the United States is the world hegemon. The United States dominates the world, and only those of us who control the United States can extract the greatest benefits. And now, that country has risen up, and they have begun to encroach on our capital markets, and you are now indifferent to this change. I don't know what you're thinking, but I know that at the end of the day, you'll regret it! β
"Sorry, maybe that's what you really thought. But clearly, we don't see the same picture. So, our estimates of the future are not the same. β
Buying a pair of Monet's treasures, old Morgan's mood was still quite smooth. So at this time, he didn't care about wasting more time and chatting with the major shareholders for a while. And on the question of enemy capital, he expressed his opinion.
"Since 10 years ago, the economic center of the world has been shifting to the East. At that time, we controlled the financial markets of the whole world, so we could not care about that. However, as the world changes and the United States declines, we must prepare for the future at this time. We all know where the future lies. So, it's more important than anything else to build a good relationship with the biggest winners of the future. Suppress him, target him, our current capital can indeed do this, but what about the future? The other side will get stronger and stronger in the future, and we will only get weaker and weaker. Blindly hostile will only lead us to a desperate situation little by little. So, instead of doing this stupid thing of burrowing your neck into a noose, it's better to find a way out now. β
"And General Electric, that's the price we have to pay when we find that way out. So sir, you know what the hell I think. β