Chapter 1293 Money Problem There is no way to turn for help

As the saying goes, a penny is hard to beat a hero. While these GM shareholders can hardly be called heroes, it is clear that they are also troubled by the issue of money.

Because it's not a matter of a little money. If this is a matter of millions, tens of millions, or even hundreds of millions of billions, then it will not be too much of a problem for these wealthy shareholders. But the problem is that this is not a problem that can be solved by hundreds of millions or billions at all. The funds involved in this are almost billions or hundreds of billions. And in the face of such a figure, even these wealthy shareholders are simply powerless.

They have a lot of money in their hands, and that is the saying that most of those money are shares and the sum of various assets. In this era of inflation, there really aren't many people who can come up with such a large sum of money, unless his family is a banker. And even if you open a bank, it will be very difficult to come up with such a large sum of money.

And most importantly, there is no return on the money invested. Tens of billions of dollars are smashed into it, just to lift their stock price back to its original position. There is not a penny of benefit in this, they pay so much, in the end, it is just a waste.

Although this kind of sacrificing the ego to achieve the big self is noble, it is definitely something that these shareholders are unwilling to do. They were not yet noble enough to do so, so at once, there were loud voices against it.

"Hell, throwing tens of billions into the stock market for nothing, just to pull the stock back. How is this possible! Do you think we have so much cash? Or do you think we're crazy enough to sell everything we have, just for our company? Seriously, I'd rather the company be what it is than do this idiotic thing. If you do what you say, we will lose even more than we do now. In the end, even if the company is saved by us, we may go bankrupt. You don't think we're going to be so charitable. ”

The biggest concern of the rich is bankruptcy. Losing everything he has now and becoming a penniless person. At present, although the market value of General Electric has plummeted, even the stocks in their hands have also dived. But after all, the huge loss was shared by them, so although the loss calculated on their heads was a pain in the bones for them, it would not cost them their lives.

However, once they fill the hole, the damage to them will be doubled. And in the face of such a double loss, a sentence that hurts the muscles and bones is not something that can be explained clearly. That's a real life, a real death.

Capitalists have never been united and fraternal, and there is only a naked entanglement of interests between them. If there is a benefit, they can still laugh and talk, hello and me. But the disadvantage of killing them like this, even if the guys from General Electric say they are dead, it is impossible for these capitalists to be moved.

Dead friends don't die poor Dao, this kind of unlucky thing, don't take us into the pit.

This is not the idea of one person, but the opinion of the vast majority of shareholders. Although they feel sorry for their losses, they can't be fooled by those major shareholders and do something stupid. Seeing that these shareholders have such an attitude, the major shareholder behind GE is in a hurry.

Generally, when there is such a turmoil in the stock market, it is either a blow from a hostile company or someone wants to use this lose-lose method to hostile takeover them. This is a common practice for them, so naturally they know what the end result will be. If this continues, maybe the entire General Electric will change its name and become someone else's industry. And that's something these big shareholders don't want to see. So immediately, they emphasized it again.

"Don't forget, guys. This is our faΓ§ade. We are all business partners in the Morgan consortium, and you should be aware of the importance of GE to Morgan. If he is bought by someone else, no matter how good your reasons are, do you think those high-level executives in Morgan will easily let you go? We can't run, and you can't run. So instead of waiting for the final settlement by the upper echelons, it is better to think about how to solve our current problem. Isn't it money? As long as the industry in everyone's hands is still there, will they still worry about money? ”

The majority shareholders have not given up on the idea of asking all shareholders to pay for the problem, but his statement is unlikely to impress the minds of these shareholders at all.

"Money is not a problem, but a large sum of money is certainly a problem. Gentlemen, let's be honest. We can't afford to pay for such a large sum of money. Don't think we'll be able to pull it out. However, since this is Morgan's business, I think we might have another way to solve it. How about borrowing from a bank? If it's a bank owned by Morgan, the money might not be a problem. ”

Morgan is rich, everyone knows it. For example, General Electric, a company under Morgan, unites, and Morgan's assets are definitely over one trillion. But, again, that's the same sentence. These are assets that cannot be converted into cash that will actually be used in the story. Although there are many banks in their name, it is by no means easy to use such a large amount of cash.

And besides, although GE and other Morgan companies are brothers, there are still differences after all. Therefore, even Morgan's bank will never be able to casually lend hundreds of billions to GE for use. After all, its market value is there, and it has evaporated nearly 100 billion out of thin air, and now it is estimated that it will not be able to take out the chips at all, go through the regular procedure, and borrow the cash it wants from the bank.

He can only go through another procedure, and the major shareholders definitely know what this non-bank alternative procedure means.

Filling this hole with someone else's hand is definitely equivalent to putting your fatal weakness in someone else's hands. Don't look at this time, everyone is a friend, they are all Morgan's brother companies, but if there is a chance to swallow General Electric, these brother companies will never show mercy. Taking advantage of the fire to rob and fall into the well, this kind of method of theirs is not uncommon. So even if their minds are about to be set on fire, the major shareholders do not plan to take such a path at all.

Sometimes it's not terrible to lose to the enemy, but being secretly calculated by one's own people is the real shame. At this time, the major shareholders also thought so, so they didn't plan to give others this opportunity to secretly go under the knife. So they immediately fell into a situation where they were at a loss.

Suppressing stock prices and hostile takeovers. This is a desperate plan, and the fight is who has the most money. Although it is ridiculous, but judging from the current situation, GE, a large company with a deep heritage, really does not have the abundant cash that has crossed the river in the stock market. This made them really wonder, because such a large amount of money is really not something that anyone can gather.

In the financial stock market, only financial predators like Soros can use such a large amount of money, but even those guys can accumulate such a large amount of money with the support of big capitalists like them. At best, they can only be regarded as traders, and the real funders behind them are still these big conglomerates.

This is the usual method of the consortium, and now they, the standard consortium members, are being targeted by such a method. This made them really a little puzzled and incomprehensible. And the last thing they understand is where the money comes from.

As members of the Morgan consortium, although they are now a little anxious, they have not lost a penny and a half when it comes to contacts and channels. With just a few phone calls, they can know what they want to know from many places. And the more this happens, the more confused they become. Because even if there is news, they still have no way of knowing what they want to know.

Several major banks have said that they do not have large amounts of property mortgages and loans. And the big companies that are familiar with it have also stated that they don't have such a large cash flow. Now it seems that the only suspect is the Osborne Group, but the people at the bank have also proved that the money they have mobilized has not started to flow at all.

Even the money has not started to flow, so naturally it is impossible for the Osborne Group to do it. Moreover, their suspicion is indeed not so great. Because although the Osborne Group is a little stronger than General Electric, it is also really limited. In a stock market war like this, they can't fight at all. Because at present, GE in the stock market has evaporated nearly 100 billion funds. Although this money will eventually be counted on GE, it is they who are currently paying in advance. And if the Osborne Group was on that side, he would have already faced the crisis of financial rupture by now.

It was a big business, not a capitalist engaged in finance. The most important thing in their hands is not money, but those industries. Even crazy people can't take their own property out of such a big gamble. GE is a heavy industry company of its own, so it was clear to him that Osborne would not do that.

So, who will it be? Huge doubts have arisen in the minds of these major shareholders. And soon, they got such a message.

"We've found out where the funding came from. All the money is coming in from abroad, BC and BOC have used hundreds of billions of dollars back and forth, and they are still going on. ”