Chapter 906: Annoying Flies
While the two were chatting, Kยท W. McKitson is also here, and they are also very competitive with First Citibank.
Over the years, the Citi consortium has continued to expand its strength in arms companies, so the Texas consortium, which is mainly arms, feels a huge threat.
That's why the Texas consortium is willing to work with the California consortium to fight against the Eastern consortium, and they don't want one of the pillars of their consortium to be hollowed out.
When he arrived at the banquet hall and greeted Nick Chiannini warmly, he said to Johnny Stillman on the side: "Stillman, I don't know what you are doing to invite us over this time? Could it be that there has been some major change in the Soviet Union that makes you want to contact us in such a hurry." โ
Facing Kยท W. McKitson's ridicule, Johnny Stillman has long been used to it, this kind of thing is not once or twice, for the Texas consortium, he doesn't care at all, the current strong California consortium is their main opponent, the Texas consortium is just an incidental, if it weren't for the California consortium, where would he be so calm now.
As time passed, the leaders of DuPont, Mellon, Boston, Chicago, Cleveland, Rockefeller, Morgan, Ford, and other conglomerates arrived here.
After the reception officially began, Essenck Morgan said: "Stillman, seeing that 84 years are about to pass, everyone is busy now, don't go around in circles, what is the matter with bringing us all together today, you can just say it." โ
Johnny Stillman didn't believe that the heads of these families didn't know what he was inviting them this time to do, and they were ready to pretend to be crazy and stupid, and they really wanted their First Citigroup to become a victim of a struggle.
He didn't want his consortium to suffer this loss, which was caused by DuPont, Ford, and Chicago, and the loss had to be paid by their major consortiums.
Johnny Stillman said: "We are now trying our best to compete with the six major Japanese conglomerates, and we are already doing our best, some of which are provoking new forces for all of us for their own selfish gain, to the detriment of our common interests. โ
"You must know that the economy of Western Europe and the United States continues to be weak, and the fastest economic development in the world is in Asia, and we are already hostile to the Japanese consortium, and it is very stupid to provoke the Lee consortium again this time, which will only make our company isolate itself from the Asian market. โ
Some of the consortium leaders present were unimpressed by Johnny Stillman's words, and they saw the Lee consortium as nothing more than a fly, which they could easily swatt to death.
Even if the development of the Li consortium over the years has shocked their attention, but this cannot change the fact that the development time of the Li consortium is too short, and the Li consortium without roots in duckweed cannot give them any threat at present, and the helmsmen of these consortiums are still Mitsui, Mitsubishi, Sumitomo, Fuji and other Japanese consortiums.
The head of the Chicago consortium said: "Stillman, I know that you have lost dozens of orders for Boeing this time, so you are very uncomfortable, isn't it just a profit of hundreds of millions of dollars, do you exaggerate the threat of the Li consortium? Tell me how many assets the Li consortium controls, how many assets your first Citi controls, and what the Lee consortium uses to threaten you." โ
Which of the top ten consortia controls assets that are not trillions of dollars, and the Li consortium is only a few tenths of them, and they can easily crush the Li consortium.
Some consortia know that Boeing has lost an extremely important customer this time, so the Citi consortium will jump out, and its purpose is nothing more than to make up for the losses from them, for example, Morgan controls the airlines, and the California consortium also has, as long as they increase the purchase of aircraft, they Boeing can make up for the losses on the Lee consortium.
However, the helmsmen of these consortia are not willing to let Boeing and even the Citigroup earn their profits just like this, and this crackdown on the Lee consortium is also for the sake of the entire American enterprise, and some companies should sacrifice a little profit, since Boeing has close cooperation with the Lee consortium, it can only be regarded as Boeing's bad luck.
The helmsman of the Mellon consortium said: "Stillman, this time your First Citi has made sacrifices for the development of American companies, we will keep in mind, I believe that countless companies will appreciate your efforts, the Li consortium is also that little market, how many planes he can order as an airline, you don't have to care too much about it, the First Citi Consortium is not short of this profit." โ
Lockheed and Boeing, which are controlled by the Mellon consortium, are important competitors, and the members of the Mellon consortium are quite happy to see Boeing deflated by the Lee consortium this time.
Now the U.S. civil aviation market is mainly occupied by Boeing, their Lockheed company's share is getting smaller and smaller, and they want to make trouble for Boeing in this area and are powerless.
Johnny Stillman was speechless, as if hundreds of millions of dollars were not money, and the Lee consortium Phoenix Group had only made much money in the U.S. market, and the Chicago consortium couldn't wait to jump out to suppress it.
If they are not for money, not for profit, what kind of business do they have, why do they have to work hard to maintain the industrial development of their family and consortium.
This doesn't happen to them, these consortia are naturally not distressed, and they say cool things as if no one would.
Johnny Stillman said: "I think you have received some news that Lee Guang Woo has visited the major local consortia and families in Japan, and the purpose is self-evident, and at the same time, there is a very negative rhetoric in Asia that is developing for us American companies, and I believe that there are some companies that are more comfortable and can be seen in the sales volume of their products." Once they form a boycott of our American products, it will be very difficult for us to reverse it in a short period of time. โ
When talking about the Japanese foundation, the major leaders have also become serious, in the past ten years, the Japanese foundation has created very big trouble for them, if they were not able to suppress Japan politically, they may have been overturned by the Japanese foundation.
This time, Li Guangyu urgently went to Tokyo to meet with the heads of the major Japanese foundations and families, and it was obvious that he was coming to their American consortium, which had been relatively close to each other in the first place, and this time it was estimated that they were going to join forces completely.
They have also heard some of the remarks that have appeared in the Asian region, and they must admit that the strength of the Li Consortium is somewhat underestimated, and the influence of the Li Consortium in public opinion in the Asian region is very amazing.
This is an invisible sword, if they don't solve it as soon as possible, and if it continues like this, these regions will become more and more disgusted with their American companies and products in the future, which will cause their American companies to lose the market in these regions.
Although the Li consortium is just a fly, but this fly screams, it really makes them a little uncomfortable, at this time they want to swatt the fly to death, there is no chance, the Li consortium protects their industry too well, even if they can turn the clouds and rain on Wall Street, it has no effect, and the Li consortium enterprises are basically not listed.
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