Chapter 289: Spare Money

Noon, San Marino, inside Evan's villa.

Audrey and Virginia were in the kitchen preparing to eat, and the twins helped out, so Colin had time to talk to Evan in earnest.

The topic is naturally related to the scene just now.

ROBERT, WHO IS ABOUT TO TURN EIGHTEEN, GRADUATED FROM HIGH SCHOOL, AND HAS ALREADY RECEIVED AN OFFER FROM THE STERN SCHOOL OF BUSINESS AT NEW YORK UNIVERSITY, LISTENED.

"In terms of results, we have reached the most successful result...... "After talking to Peter Cohen and Rick on the phone about what happened in San Francisco, Evan said to Colin: "We have become de facto allies with the Giannini family, and we have a lot of influence within Bank of America. ”

"More importantly, we didn't stiffen our relationship with the Morgan consortium. ”

Evan was optimistic.

Colin, however, cautioned: "Henry Morgan's attitude is not entirely representative of the Morgan consortium, so don't be overly optimistic." ”

Evan said with a look of control: "I know, but even if Morgan disagrees with Henry Morgan's approach, things won't get much worse." ”

"With Morgan's size, even if it really targets me, I'm confident that I'll be able to handle it. ”

At this time, Robert, who was in the audience, couldn't suppress his curiosity and asked, "Evan, what would Morgan do if he wanted revenge?"

Robert didn't even know much about the Morgan consortium, he only knew that two Wall Street banks had Morgan in their name, and he didn't know how big it really was.

In addition, this is the first time that Robert has not been left out by Evan and allowed him to sit in on a major event.

Evan thought for a moment and explained: "To answer this question, I have to first tell you about the composition of the Morgan consortium ......"

"The Morgan consortium has JP Morgan Bank, Morgan Stanley, and New York First National Bank as its pillar banks, and insurance companies such as Prudent Life and New York Life as its financial tentacles, and controls industrial pillar companies including Cyanamide Corporation, General Electric, IBM, and American Steel, and its biggest competitor is Rockefeller. Of course, the competition between the two companies is not fierce at present, and there is even a lot of cooperation, such as AT&T, which is jointly controlled by two major consortia. ”

"The way in which the consortium controls the industrial company is not simply by virtue of equity, but more by the board of directors as a link and finance as the chain......

"If the Morgan consortium wants to retaliate, it has to start from two directions: financial and commercial competition. ”

"In finance, I have a direct connection with Morgan, I have a mortgage worth tens of millions of dollars at Morgan, and I'm a shareholder of JP Morgan. ”

"If Morgan really doesn't want to see me, he may choose to find a reasonable reason to ask for a loan, but this reason is very difficult to find, because the collateral I give is very preserved, and my personal credit is okay. ”

"So, this one solution is definitely not going to work."

"But, apart from myself, the Morgan banks have no more contact with me – my companies don't have a single bank to operate with. ”

"So they have to compete with your company in the business world?" Robert said with a shrewd idea.

"That's right!" Evan nodded, "and, in fact, this competition already exists. ”

Robert said, "It's the TV field, right?" ”

"General Electric, RCA has been hit hard by the rise of applied physical systems companies (just referring to the TV industry) ......"

"If the Morgan consortium increases its support for GE and RCA, which has a close relationship with GE, will SONY TV be affected?"

"Plus, Xerox's photocopiers have a lot of potential, so what if Morgan pushes the technologically strong IBM into this space?"

Robert was worried, but Evan said, "Robert, I'm not worried, you don't have to think about it." ”

"In the TV industry, although SONY is a latecomer, it has basically completed the accumulation of technology and is not afraid to compete with General Electric. Moreover, our production base is in California, and even if Morgan can't do it in the open, we are not afraid of them. ”

"California is our home turf. ”

"As for Xerox...... Copiers are the first mover, and with so many first-mover advantages and still losing, then I can't ......"

"Oh!"

Seeing that Evan was full of confidence, Robert put away his worries, and after a while, asked, "Evan, should I sell RCA's stock?"

"What are you selling him for?" asked Evan.

Robert said, "It's the enemy." ”

Evan smiled lightly, "It's not the enemy now, why didn't you sell it before?"

Robert's face flushed.

"So, there's no need for this, how much can your stock be worth, anyway, its income is not bad in the short term, just keep it in your hands. ”

Robb nodded and replied, "Okay." ”

"Speaking of stocks...... Evan suddenly remembered something and asked, "Morning, did you have an argument with Virginia?"

"Yes. Robert nodded, "Aren't I planning to go to New York early, Virginia wants to put some money in my fund." ”

"It's too much, I didn't say yes. ”

Colin asked curiously, "How much?"

Robert said, "One hundred thousand dollars." ”

Compared with Evan's millions of dollars, Virginia's $100,000 is certainly not much, but it is not a small amount for Robert. So Colin understood why Robert didn't agree.

Although they are close brothers and sisters, what if they lose money?

But more concerned about Virginia's financial resources than this, Colin said, "Does Virginia have so much money?"

100,000 eh, more than the retirement money Colin got plus the salary saved.

Robert said uncertainly, "There should be." "

As she spoke, Robert looked at Evan, who knew best how much Virginia earned.

Evan nodded: "There must be, her manuscript fee is quite a lot." ”

Hearing Evan's words, Colin suddenly felt a little uncomfortable. As the eldest brother, he seems to have become the most unpromising of the adults.

No, it's still a few years before I graduate, and I'll have to find a side hustle to make some extra money.

But what can I do?

Colin fell into deep thought.

Seeing that Colin suddenly stopped talking, Evan didn't say anything, and turned to Robert and said, "Robert, Virginia, what are you going to do with it?"

Robert shrugged his shoulders and said helplessly: "Virginia said that even if I lose everything, it's fine, what else can I do." ”

I can only accept the huge amount of money.

Evan said: "In that case, I still have a spare amount of money here, so I'll leave it to you to take care of." ”

Robert thought about it, didn't ask the amount of money, nodded and replied, "I know." ”

Spare money? That's an excuse, of course.

Robert knew that Evan had the same purpose as Virginia, and supported him to let him exercise with his hands and feet.