"Who...... I'd like to think about it......" Alan Sprour recalls a long list of names:

"Goldman Sachs ......"

"Cowan & Co. ......"

"Harriman ......"

"First National Bank of New York ......"

“……”

Some of these companies are names that Evan knows, and some of which he hears for the first time.

"That's probably ...... these"

When Alan Sproul finished speaking, Evan was slightly relieved to see that the institutions he was afraid of, such as those with Morgan or Chase in their names, were not on the list.

At this time, John next to him preemptively said: "Most of them are investment banks, Evan, it seems that your company is really optimistic!"

At this time, financial institutions in the United States were restricted by the Glass-Steagall Act introduced after the Great Depression to conduct commercial and investment banking business at the same time. The difference between the two is, simply put, commercial banks do deposit and loan business, and investment banks do securities-related business.

The Glass-Steagall Act has far-reaching implications for Wall Street, the financial center of the United States. Even the Morgan consortium, the overlord of Wall Street, known as the "banker of bankers", had to forcibly separate its securities brokerage business from commercial banking, the former being Morgan Stanley, and the latter being JP Morgan.

Evan did not respond to John's comment in particular. However, Alan Sproul, who was sitting across from him, could see that his expression softened a lot.

"Evan, I've fulfilled your request, now it's your turn!"

"Thanks!" Uncle Sproul ......" Evan thought for a moment and answered the first question first: "I'm both wary and happy about Wall Street's concerns, to be honest. ”

"It's easy to understand 'happy': if a company, especially an industrial company, wants to grow, its core products and capital are indispensable. For start-ups or companies, there is usually no shortage of core products, but a lack of capital is common, and Wall Street happens to be the most capitalized place in the world. ”

"Since the establishment of the magic seven company, there has been a period of lack of funds, and now our products are selling well in the market, and it seems that there is no shortage of capital. However, I know that if I can deal with Wall Street, which is flowing with money, it will be of great benefit to myself and Magic Seven in the future. ”

"That's why I'm happy. ”

"As for why there was a defensive reaction...... The reason is simple, my company is like a freshly baked bread, Wall Street has seen it, and it is possible to add some jam and cream to the bread to make the bread more delicious, of course, at the cost of taking a part ......of the bread; All the bread belongs to him, and I, as a cook, have nothing. ”

At this point, Evan paused and looked at Alan Sproul to see how he would react.

Sproul bowed slightly, and said, "Evan, you underestimate yourself too much. ”

Allen's words are very interesting, he doesn't evaluate whether Evan's opinion is right or wrong, but says that Evan underestimates himself.

What does this mean?

It is necessary to explain Evan's concerns.

Wall Street is full of money, but only greedy people can survive in it.

Evan understood the meaning of Alan Sprout's words, and replied with a smile: "No, I don't underestimate myself, it's just that because I'm a fledgling, I can't trust them by nature." ”

"It's good to maintain a certain amount of distrust. Sproul nodded, then added, "However, this distrust can be dissolved through communication. So, if you have the chance, you can come to New York more often and meet more people......"

John interjected, "I can be a guide." ”

Sproore glanced at John and said, "You can be a driver at most." ”

John sighed "Huh?" to show his displeasure.

Evan smiled softly.

"Thank you, Uncle Sproul!"

Next, Alan Sproul asked a lot of questions about the development process of the Magic Seven Company, focusing on things ranging from the company's management structure to personnel arrangements to worker welfare, and even development strategies. Evan knew that Alan Sproul was not asking for secrets, but wanted to point fingers at him, so he knew everything.

Although John studied law, he was also interested in business management, so he also got involved.

As for why a law student could intern at the Reserve Bank of New York, Evan didn't care at all.

Almost an hour later, the conversation in the living room continued to the dining table.

Somehow, Spruel turned the conversation back to "banks."

"Evan, the Magic Seven Company has a lot of money, and I already understand this. However, several of your other projects are still in the investment stage...... Not really, you can turn Wall Street's attention to them. ”

Alan Sprowe suddenly reminded: "By the way, Evan, if you want a loan, you'd better hurry up......"

Evan took the knife to cut the steak in his hand, and Sproul's reminder seemed to have a deep meaning.

After a while, Evan didn't ask Sprourer why he said that, but instead brought up another topic: "Uncle Sproul, is Secretary George Marshall's plan already confirmed?"

Alan Sproore looked at Evan in surprise and asked, "How much do you know about Marshall's plan?"

Evan thought for a moment and replied, "I just read his lecture at the university from the newspaper, and I'm not sure what it was. ”

Alan Sproour praised: "You can tell from the newspaper information that it has something to do with my reminder...... Not bad!"

John was confused at this point and asked, "Evan, does Marshall's plan have anything to do with asking Wall Street for a loan?"

Evan glanced at Alan Sproul and saw him nod, before explaining to John.

The Marshall Plan, an aid program designed to help Europe restore production and maintain social stability, was the same as the Dawes loan after World War I. World War I, however, was supported by private banks, and much of Marshall's plan would be hosted by the state.

The Marshall Plan was expected to require a huge amount of money, and although it was financed by the Treasury Department, the government's money did not come out of thin air, but could only be raised from financial institutions, that is, Wall Street. But the money on Wall Street is not unlimited, especially after the separation of commercial banks and investment banks, the efficiency of Wall Street's capital operation is much lower than before.

Once the Marshall Plan is officially implemented, it will inevitably lead to another reduction in the available funds that Wall Street is already stretched over, and reluctance to borrow is an inevitable choice.

It was because of this foresight that Alan Sproour reminded Evan.

After listening to Evan's explanation, John suddenly realized that at the same time, he sighed a little ashamedly: "I'm ashamed, I didn't expect it when I interned at the bank." ”