Frett eventually agreed to John's proposal to set up a small company specializing in the design and development of bombers, which would be jointly funded by United Aircraft and Hughes Aircraft. The pen "Fun" Pavilion www.biquge.info said that it was a company, but in fact, it was the kind of studio that was responsible for design and development, and all intellectual property rights were shared by the two companies.

But Fleet stuck to his previous plan for a cross-swap, before sending John on the plane. I also repeatedly asked John to go back and think about it and give an answer as soon as possible.

After returning to Washington, John did not talk to Hughes first, but found Cornelius Jr. and asked him to mobilize a team of think tanks to quickly study countermeasures. Find out the real intentions of Fleet's search for cooperation, and then analyze whether there are signs of insider trading in the change of ownership of Global Airlines.

Recently, FedEx has been developing very smoothly, and the experts in the company's think tank team are quite idle. John had now given them a new subject, and the gang was immediately busy.

A week later, John got an interesting analysis. In particular, the first part of the report is an analysis of the reasons why Fleet wanted to enter into an equity deal with Hughes Aircraft. It turned out that Fritt had a good personal relationship with President Roosevelt and had received a lot of orders from the military, but his relationship with the government was very tense, even to the point of saber rattling.

It was the 30s of the 20th century, a time of rapid expansion of the power of the federal government. Roosevelt's New Deal faction liked to intervene in business activities on the pretext of "correcting market defects with the visible hand of the government." And the United Aircraft Corporation happens to be a typical insider-controlled enterprise. Fritt is the chairman and general manager, and holds the right control of the company, which is both the proprietor and the treasurer in Chinese parlance. The federal government was very unhappy with the fact that the United Aircraft Company was not able to enter the water, and had repeatedly signaled to Fleet that it would be better to sell some of its shares.

Fleet was also very unhappy about this, and even had a fierce conflict with Secretary of Commerce Daniel Roper. In contrast, Boeing, United Aircraft's main competitor, is much more obedient, so they are increasingly favored by the federal government. Of course, this is more or less because Boeing was repaired in 1934 and was dismantled into three.

John knows that although the United States is a capitalist country and the power of big capitalists is boundless, it is limited to top tycoons such as Rockefeller, Morgan, and DuPont. Neither Fleet nor United Aircraft Corporation has the strength to act against the government, and sooner or later he will have to be taught to be a man, even if his personal relationship with Roosevelt is good.

Sitting in the position of president of the United States, the so-called personal feelings are not useless, but the role of key issues is far less than imagined. Wasn't Roosevelt annoyed that his son Franklin Jr. had married the daughter of the Dupont family, and now he could only pinch his nose and admit it.

The economy is in recession, war is imminent, and the government will never dare to offend a big chaebol like DuPont. It can only be the first to raise the white flag, relax the restrictions on large companies, and decide to reduce taxes on them. Even if it would completely overturn the tax policy that had been put in place and shake the foundations of the structure of the "New Deal".

So, if Fleet reaches the heavyweight of the Dupont family, even if his relationship with Roosevelt is bad, it will be fine. Conversely, if he had a conflict of interest with the government, no matter how good his personal relationship with Roosevelt was, it would not be a problem. To put it mildly, there are more entrepreneurs who have "personal relations" with Roosevelt. Just find an opportunity to have a meal, a cup of tea, and a fish with Roosevelt, and then you can brag to the outside world that you have a good relationship with the president. Will Roosevelt still stand up and deny it?

The think tank team believes that Fleet is likely to be unable to withstand the dual pressure of the government and Boeing, so he wants to cross-swap with Hughes Aircraft. After the two companies exchanged shares, he no longer held the absolute controlling stake in the United Aircraft Company, and then found a professional manager to take over as the general manager of the company, which can be regarded as an explanation to the government. On the other hand, Fleet's stake in Hughes Aircraft can also achieve a strong alliance in the bomber field and continue to put more pressure on Boeing, a competitor.

All John knows is that historically, United Aircraft later merged with AVCO's Voltier Aircraft Company to form Convair. What he didn't know was that the merger was actually based on Fleet's own outing. In 1941, Frit, driven mad by government bureaucracy and the high special income tax against him, sold his stake in the United Aircraft Corporation for $10.9 million in cash and faded out of the aviation industry.

Although John did not know that Fleet was eventually kicked out of the company in history, he recognized the analysis of the think tank team. From this point of view, the cooperation between Hughes Aircraft Company and United Aircraft Corporation will be a win-win situation. However, this does not rule out the possibility of Fritt's attack on Hughes's aircraft in the future. After Fleet was able to get out of the predicament, it was hard to guarantee that he would not be able to look forward to Shu and move some crooked thoughts.

So, John had to figure out what Hughes was thinking. As long as Hughes was on his side, he wouldn't shy away from Fleet's challenge. But what's going on between Hughes and GM? In the second part of the report, the think tank team only analyzes the business reasons for the DuPont family to sell its stake in Trans World Airlines.

From the DuPont family's point of view, it's not too complicated. In fact, the DuPonts' retreat from Trans Global is only part of their recent contraction of the sprawling family business. After all, anyone with a discerning eye can see that war in Europe is about to break out. The DuPont family, which started with gunpowder, knew how much oil and water the war could bring. Now that their entire family's funds are flowing to the arms industry, it is only natural that they will temporarily withdraw from the civil aviation sector.

Another important reason for the DuPont family's divestment is that the DuPont family has made a major breakthrough in the chemical industry this year. On September 21, 1938, newspapers across the United States devoted a lot of space to the appearance of "nylon". As soon as nylon was introduced, it quickly replaced rayon and man-made fibers, and nylon stockings became a popular destination for women across the United States.

In just a few months, DuPont sold 64 million pairs of nylon stockings, completely defeating Japanese rayon, which monopolized the world hosiery market. There is evidence that most of the DuPont family's withdrawal from Trans World Airlines was used to build a new chemical plant to produce nylon.

Seeing this, John can basically rest assured. Hughes's stay at Global Airlines should be a normal business transaction, and there is nothing trivial about it. But John, who has some obsessive-compulsive disorder, still wants to find out how Hughes got hooked up with the DuPont family.

This kind of thing is not something that the experts, scholars, and business elites of the think tank team can figure out. But cats have a cat path, and rats have a rat path. John inquired a little in his "rich N-generation" circle, and the results were soon available.