Chapter XXXVIII
"It's coming!"
John's spirits perked up, and he hurriedly smiled: "Mr. Morgan, please ask, I must know everything." Pen %Fun %Pavilion www.biquge.info"
Although the number of contacts is very small, this habitual action of Morgan has left a deep impression on John - don't think that big people will necessarily be moody, if the status reaches the level of Morgan, even if it is seen, what can it be?
The one who can really do whatever he wants is a person like him.
"Hehe, I've always been curious."
Leaning back on the sofa gently, Morgan smiled faintly: "Mr. Huntelaar, I have noticed your Huntelaar Bank and Huntelaar Insurance Company, the development of the past few years can almost be called a miracle in the American financial industry!" According to our internal estimates, Huntelaar Bank should now be ranked third in the U.S., with insurance companies in the top five......"
"Thank you, thank you for the compliment."
Unmoved, John only faintly expressed his gratitude.
"But ......"
With his eyes narrowing slightly, Morgan suddenly continued: "I also noticed a very interesting thing, which is that in the past two years, Huntelaar Bank has been aggressive in the financial markets and has made extremely good returns. But by the end of last year, they had suddenly withdrawn their tentacles and seemed to be retreating from the financial markets across the United States......"
"Hehe......"
When he heard this, John finally understood Morgan's intention, and couldn't help but chuckle.
"This old guy is really an old fox!"
While chuckling softly, John secretly marveled at Morgan's acumen, because the other party immediately got to the root of it - in fact, since the second half of 1906, the Huntelaar Bank had been shrinking its business and began to sell off its stocks, which can be found by careful analysis.
In response to Morgan's doubts, John of course smiled slightly: "Mr. Morgan, the facts now prove that our judgment is correct, isn't it?" ”
The current panic in the market is a testament to Huntelaar Bank's decision.
These days, the stock market in the United States is very sluggish and has begun to fall, but Huntelaar Bank has sold most of its stocks, prepared an extremely sufficient amount of cash, and even the various companies under the consortium are still depositing cash into it, which has made Huntelaar Bank's cash reserves increase rapidly, and figures like Morgan naturally will not be unnoticed.
"I wonder why."
Raising his eyebrows slightly, Morgan asked in a deep voice, "Mr. Huntelaar, what is your purpose in doing this?" In any case, the financial market is still profitable at the moment, so why withdraw in such a hurry? ”
Without directly answering Morgan's question, John took a sip of slightly bitter coffee from the cup in front of him before he calmly said: "Mr. Morgan, what do you think of the development of my industries in the past two years?" ”
"Hmm...... Not bad, very good, quite good! ”
Three good in a row represents Morgan's amazement at the speed of Huntelaar's industry.
At the turn of the century, the United States ushered in another golden age of rapid development, the most representative is the speed of the development of the navy, Roosevelt's Great White Fleet will not be long in shape, and then begin the largest garbage removal operation in history......
Ahem, it's far away.
In a word, the U.S. economy was very good in the first five years of the new century, which also promoted the rapid development of various companies under the Huntelaar consortium: automobiles, machinery, agricultural machinery, explosives, medicines, medical equipment, and so on, needless to say, the sales of the Huntelaar Commodity Company alone exceeded $30 million in 1905, and the sales of Nike and Adi exceeded $2 million last year under the stimulus of the St. Louis Olympics; Even the Huntelaar Elevator Company, which John has not paid much attention to, has suddenly begun to become an important company under Huntelaar in recent years, driven by skyscrapers and high-end hotels, with sales exceeding one million dollars......
With such a speed and scale of development, even Morgan couldn't help but be amazed!
Not to mention the fact that the young man in front of him was extremely shrewd, and entered the most suitable industry at the most appropriate time, an arms manufacturing company and a shipyard, which after Roosevelt came to power, could be described as a day and a day, and reaped the benefits of the War Department and the Navy Department.
In such a situation, shouldn't there be three good?
At least John took it for granted, so he smiled and said, "Yes, it's because the development is very good, so it reminds me of ten years ago......"
"Ten years ago?"
When he heard this, Morgan's face suddenly became gloomy.
A financial crisis ten years ago left the Huntelaar consortium with a bank that became one of the top three in the United States after numerous mergers and acquisitions. For Morgan, what happened ten years ago was an eternal pain in his heart, and he watched a consortium that could grow as equals.
"Yes, ten years ago."
Nodding his head, John took a casual sip of coffee and said, "Mr. Morgan, maybe the United States is not too different now than it was ten years ago, but don't you think that people's desire for capital is too strong now?" And those trust companies...... They are so greedy! ”
When he said this, John's face was still smiling, but his eyes were cold and merciless.
There are many theories on the Internet about the Great Panic of 1907, one of which is the so-called conspiracy theory, such as that Europe or Morgan himself manipulated the Great Panic, otherwise the financial emperor would not have happened to travel to Europe and returned to New York at the most critical time. However, John has never had any interest in these speculations or analyses, he only knows that the United States had a great crisis in this year, followed by a thirteen-month depression, and in 1908 the GDP of the United States plummeted by 11 percent!
So from two years ago, John began to prepare.
Obviously, Morgan found out about the transformation of Huntelaar Bank at the end of last year, so he came to the door himself.
But at this point, John didn't have any need to hide it, and showed it generously to the financial king - even if it was really the other party who planned the financial crisis? At this point, no one can stop the crisis from happening, and no one can stop the Huntelaar consortium from reaping a staggering amount of benefits!
At this time today, Morgan is also on the cruise ship to Europe, which makes John even more sure that the opportunity he has been waiting for is coming...... (To be continued.) )