Chapter 202 Became the owner of General Motors of the United States
With the help of lawyer Johnson, Yang Danning finished dealing with Jenny's funeral, she deliberately left some Jenny's ashes, and planned to go to Yun Province when she returned to China, find the mysterious village deep in the mountains, and build a tomb for Jenny there to fulfill her unfulfilled wish.
Yang Danning decided to clean up the villa left by Jenny to her, sort out Jenny's relics, and donate them if they were useless, with the help of several Filipino maids, Yang Danning started to clean up from the basement of the villa.
After more than an hour, the basement had been tidied up for more than half of the time, and when it was at the top of the stairs, a Filipino maid said: "Ms. Yang, there seems to be a secret door here, please come and take a look." ”
Yang Danning walked over to take a look, it was really a secret door, if you didn't look carefully, you couldn't find it at all, Yang Danning didn't find anything like a gripper after looking for a long time, I didn't know how to open it, and I was worried for a while.
A few Filipino maids helped to look for a long time, but they didn't find anything, or the Filipino maid who found the secret door was sharp-eyed, he saw an inconspicuous button on the outside of the handrail of the stairs, and said to Yang Danning: "Ms. Yang, do you see if this is the button to open the door?" ”
Yang Danning raised his hand and pressed it hard, and the secret door opened with a 'creak', and it seemed that no one had opened it for a long time.
Behind the secret door is a small dark room, only one or two square meters, and there is only a small wooden box inside, and nothing else.
Yang Danning asked the Filipino maid to move the wooden box out and sweep away the dust on it, and suddenly the exquisite ornamentation on the wooden box was revealed, which looked very mysterious under the illumination of the light.
Yang Danning had a heart, afraid that there would be something precious in the wooden box, which would leak the news and cause unnecessary trouble, so she didn't open it immediately, she deliberately said: "Oh! It turns out that the title deed is hidden here, so it's no wonder that it can't be found. ”
She picked up the wooden box, turned her head and said to a few Filipino maids, "You go ahead and clean up, and I'll take the deed upstairs." ”
Yang Danning suppressed his curiosity and nervousness, pretended to be calm and climbed the stairs and walked into his room on the second floor. Entering the room, she let out a sigh of relief and placed the wooden box on the bed, this time carefully observing the entire wooden box.
I don't know what kind of wood the wooden box is made of, it is painted dark brown, it looks solemn and simple, and a small rusty lock is hung on one side of the box. Yang Danning was afraid of alarming the Filipino maid in the basement, so she didn't go to the basement to find tools, she went into the kitchen, found a thick-backed knife, and went back to the bedroom.
The small lock was easily knocked open, Yang Danning lifted the lid of the box, and saw that there were three or four small black cloth bags inside, bulging inside, and the mouth of the bag was tightly tied with a string, I don't know what it contained, Yang Danning picked up a bag casually, untied the string, and fell to the bed. Oh, my God! Yang Danning was stunned by the things that appeared in front of her, it seems that her caution this time was very wise, the bags were filled with brilliant diamonds, Yang Danning untied several other bags and poured out the contents of them, all of which were diamonds.
Although Yang Danning is not a jewelry appraiser, a woman's nature tells her that these diamonds are of high purity and should be worth a lot of money, and there are more than 400 in front of her, which should be worth hundreds of millions.
Yang Danning carefully put away the diamonds, she knew that this might be Jenny's backhand, once something else happened, other assets were gone, and she could rely on these diamonds to make a comeback. But what to do with these diamonds at the moment, it is not feasible to bring them back to China, and they can't pass the security check at the airport, so it seems that the only way to sell them is to sell them, and put the money from the sale into business or stock laundering.
Through this period of contact, Yang Danning still believes in his lawyer Johnson, and feels that this person is very professional and loyal to himself. She thought about it for a moment and decided to call him over to discuss.
After receiving a call from Yang Danning, Johnson quickly rushed over.
After listening to Yang Danning's narration, Johnson was also stunned, he didn't expect Jenny to have such a large amount of diamonds that had not been declared for inheritance, which is a very serious crime in the United States, but Yang Danning believed in himself so much and told himself such an important matter, it was obviously inappropriate for her to lose a large amount of money.
"Ms. Yang, in recent days, the stocks on Wall Street have risen a lot, and your assets have also increased, I suggest that you put your money into the entity, and the return is also high, but the risk is correspondingly large, what do you see?" Johnson said.
"Actually, I've thought about it, but I haven't figured out where to invest." Yang Danning said.
"Ms. Yang, you may not know, in addition to being a lawyer, I am also a professional financial planner and market analyst, all have certificates, recently I feel that the global economy will have big fluctuations, stocks will shrink seriously, if not dealt with in time, your property will suffer huge losses, Jenny didn't care about these at all before, since she bought these stocks and funds, almost never took care of it, if she could find a financial planner to help her take care of it, I think Jenny's property would have doubled." Johnson said regretfully.
Yang Danning thought for a while and said: "Mr. Johnson, I think so, let's sign another contract, I will hire you as my financial advisor, I will not give you a salary, but you can get 20% of my annual income, what do you think?" ”
This condition is too favorable, Johnson didn't expect that good things would take the initiative to come to the door, he hurriedly nodded and agreed, "Ms. Yang, I will quit my job as an agent for other lawyers and concentrate on being your financial advisor and lawyer, only when you get rich will I make money, I will do a good market research during this time and decide the direction of investment." ”
"Okay Mr. Johnson, I look forward to good news from you." Yang Danning said.
"Ms. Yang, the diamonds will be released in advance, and when I have inspected the market, we will decide what to do with these diamonds." Johnson said.
In the following month, Johnson concentrated on the analysis of the global economy and market research, and he found that Asia's economic growth rate is very rapid and stable, but the per capita car ownership is still very low. Johnson decided to invest his money in auto manufacturing and enter the Asian market.
But Johnson also understands that it is unrealistic to start from scratch, and if you want to produce products as soon as possible, have your own brand, and have economic benefits, you can only take the road of acquisition. Johnson carefully analyzed several automobile companies in the United States, and after comparing them, he decided to attack General Motors. So he hired someone to collect detailed and comprehensive information about General Motors and analyze it.
General Motors, a global giant, had a turnover of $126 billion in 1990. This astronomical figure is beyond the reach of many enterprises in a lifetime, but not only did General Motors not have the slightest joy at such brilliant achievements that year, but all employees of the company believed that the operating results in 1990 were unprecedented nightmares among the thousands of dreams they had had.
The reason for the nightmare was that in 1990 GM lost nearly $2 billion in net losses, and the situation continued to deteriorate, reaching $4.5 billion in 1991 and increasing to $23.5 billion in 1992 due to early payments to employee pension funds and repayment of liabilities. The eyes of the world are watching to see how GM survives, and there is even a growing pessimistic prediction that GM will go bankrupt.
However, luck once again favored GM at a critical moment, and the company selected Jacksmith out of tens of millions to save GM. After graduating from the University of Massachusetts in 1961 and receiving an MBA from Boston University in 1965, Jacksmith has worked for General Motors ever since. After his appointment in April 1992, he carried out a series of corporate restructuring at General Motors, leading the GM empire to perform an "Exodus".
In just two and a half years, he turned a profit of $2.5 billion in 1993, increased his profit to $4.8 billion, and in 1995 it rose to $6.9 billion.
However, with the development and change of the world economy, General Motors once again fell into a financial crisis and came to the brink of bankruptcy. GM's products have been abandoned by most consumers in the world due to their large models and large fuel consumption, coupled with the company's blind expansion, high labor costs, insufficient R&D investment, rigid system and other problems, GM has been unable to maintain, and has now filed for bankruptcy protection with the US government.
As a lawyer, Johnson understood the mystery and had a premonition that this was an opportunity, so he approached Yang Danning and told her what he thought.
Although Yang Danning does not understand business management and management, she has a persistent and resolute character, otherwise she would not secretly conceive Jiang Tao's child. For Johnson's suggestion, Yang Danning agreed almost without hesitation, what are you afraid of failure! It's a big deal to go back to the starting point of being poor and white, and these riches don't belong to her in the first place.
"Ms. Yang, those diamonds of yours have a place to use this time, we can use them as collateral and borrow from the bank, otherwise the funds in your hands may not be enough." Johnson said.
"Mr. Johnson, you sold all the stocks, funds, and bonds in my hands, didn't you say that the economy was going to decline?" Yang Danning said.
"I also have this plan, this investment is probably more than 3 billion, Ms. Yang, I, I am very pressured." Johnson visibly nervous.
"Hehe, I'm not afraid of what are you afraid of? This money is not mine, so you can rest assured to do it. Yang Danning smiled and said.
"Thank you, you trust me so much, I decided to invest my assets in it, you can give me the corresponding shares." Johnson is going to take a gamble, and if he succeeds, he will also step into the ranks of billionaires.
"Okay, when you're successful, we'll agree on your stake." Yang Danning said.
Since the U.S. government has injected billions of dollars into General Motors, and is now in a hurry to untie the bonds, Johnson took advantage of this opportunity to finally exchange $4.5 billion for $15 billion in share debts, and Yang Danning has also become the largest shareholder of General Motors.
It must be said that Johnson is a business genius, he used Yang Danning's diamonds as collateral and successfully loaned 500 million from the bank, and after running the general company, he used the shares in his hand to mortgage and loan 100 million from another bank.
After Yang Danning became the owner of GM, he immediately proposed to convene a general meeting of shareholders, and at the behest of the US government, Yang Danning was elected president of the new GM, which even Johnson did not expect. In fact, at the beginning of Johnson's operation, the U.S. government held a think tank meeting to analyze the pros and cons of Yang Danning's entry into GM, and after repeated trade-offs, it was decided to support Yang Danning.
After Yang Danning became the president of the new GM, with the help of Johnson, he reorganized GM USA and dissolved its branches and branches scattered around the world, but retained GM's partners in China and threw off the burden on his body. Yang Danning ordered the company's R&D team to devote its energy to the research and development of models for Asia, and strive to launch products as soon as possible and occupy the Asian market.
However, Yang Danning didn't expect that with her joining the new GM, it would bring trouble to relatives in China!