446 largest consortiums
Andrew. Mellon glanced at Situ Nan complicatedly, as if he was getting to know this son-in-law again.
I thought that the old Morgan, the old Rockefeller and himself were already the peerless geniuses of the United States, and this group of smart people from the Gilded Age had built a huge business empire, but I didn't expect that in my lifetime, I could see people who were even more geniuses than themselves!
Outsiders may think that Situ Nan is in love with the Mellon family. Mellon watched Situ Nan come over step by step, not relying on the Mellon family, and the cooperation with the Mellon consortium was more based on the combination of interests of both parties than feelings.
Even if there is no Mellon family, this guy will still rise and shine brightly!
The William consortium is not what it used to be, it seems to be the largest force in the United States, no, on the one hand, it is provoking the Morgan consortium and the DuPont consortium, and on the other hand, it is attacking the Rockefeller consortium.
Situ Nan's eyes were calm, and the two looked at each other calmly.
Everyone is smart and doesn't need to explain much.
Andrew. Mellon didn't heed Situ Nan's advice, and Situ Nan ignored Andrew. Mellon's admonition firmly laid out the stock market crash and took the opportunity to launch an offensive against other consortia.
It may be that people are getting older and have more concerns, Andrew. Mellon couldn't help but care about the actions of the William Consortium: "You have so much confidence? Little Morgan is not simple, and the old Rockefeller is not dead? Isn't it too much of a hurry? ”
"It's okay."
Situ Nandao, silent for a while, how could there be no pressure? I just don't want to say it.
I felt that this answer was too light, and added, "For this reason." I've been preparing for years. ”
Prepared for years?!
Andrew. Mellon stared at Situ Nan. The gray eyes of the Mellon family that can find wealth try to burn. Try to see through what kind of world is behind Situ Nan's deep eyes like the night sky!
Thinking of the actions of the William Consortium in recent years, Andrew . Mellon had to believe that the person in front of him seemed to really be able to see through the future!
"Come out for a walk with me!"
Andrew. Mellon said softly, Situ Nan stepped forward and helped the old man, who was thin in the wind, to take a walk in the yard.
Both of them tacitly agreed not to continue the heavy topic just now, and did not even discuss the economic policies of the Hoover administration, but discussed family trivialities.
Speaking of the lovely grandson, Andrew. A smile spread across Mellon's face.
The Mellon family did not lose much in the stock market crash. On the contrary, the strength has increased slightly, but Uncle Andrew's reputation is about to fall in the last years.
What touched Situ Nan was that, despite some concerns, Andrew . Mellon still supported Situ Nan as always, blocking attacks from politics for the William Consortium.
"Some things have to be done quickly, otherwise it will not be so easy when Roosevelt comes to power!"
Situ Nan said goodbye to Andrew. Mellon, he thought with determination.
……
As a result of the consolidation, the Hawke family's steelworks and shipyards were merged into the Bethlehem Steel Company.
Kuhn. The Lob consortium was so weakened that it had to withdraw from Bethlehem Steel.
Situ Nan acquired shares in Bethlehem Steel Company on the market. Regain control of Bethlehem Steel.
The reorganized Bethlehem Steel Company surpassed U.S. Steel to become the world's largest steel company. In the Great Depression, however, the larger the scale, but the severe lack of social demand, did not seem to be a good thing.
Under Situan's will, it was natural that Bethlehem Steel Company laid off a large number of employees and sold assets.
With the support of the Sino-American Bank, China's Northern Iron and Steel quickly reached a purchase agreement with Bethlehem Steel, and tens of thousands of American engineers and workers were about to cross the ocean to work and earn a living.
And, of course, a wide variety of devices.
"Johnson, I have to tell you the bad news, you've been fired!"
Johnson, an engineer at the steel plant, walked into the manager's office, and when he heard this, no one wanted to live in Hoover Village.
"The good news is that there's a new job here, and I think you're the right person." The manager's words saved Johnson from the brink of collapse.
"What? Going to China? Johnson's eyes widened in surprise, he had never been to Asia, and when he heard the news, he was a little resistant.
The capitalists still had to close the factories, sell the equipment, and sell the employees to strangers.
"Alright, my fellow, don't be embarrassed, by the way, we're going to the same place where His Excellency the President fought. It is said that he deceived the Chinese there back then, and now we as servants are going to atone for the sins of the Chinese boss! ”
The manager teased with a smile.
Seeing that Johnson was puzzled, he didn't mind repeating the black history of Hoover that he had heard from his Chinese colleagues.
"You say we?" Johnson spotted the problem, "you ...... too"
The manager nodded, shrugged his shoulders and said lightly, "At least you don't have to live in Hoover Village, do you?" ”
"yes, damn the stock market crash!"
Johnson agreed, and the two looked at each other and smiled, finding a sense of empathy.
"Hi Johnson, welcome to my home country in advance, and I'm sure you'll soon fall in love with my hometown, a thousand-year-old city."
Moments later, a Chinese man in his early thirties entered, and Johnson quickly learned that his former Chinese colleague had become the director of a new steel plant.
There are many others in Johnson's situation, whether they want to or not, they have to cross the ocean to find a way out.
Carl eventually left the sad East Coast and took his family to the warm West Coast, where he opened a film company in Hollywood.
When the economy is in a downturn, entertainment is booming, and Carl chose a good time. If only he could embrace Hollywood's golden age.
At this time, a millionaire is in a hurry to return to New York. After learning that there had been a stock market crash in the United States and the economy was in a depression, Hammer immediately stopped investing in the Soviet Union and returned to the United States.
Well, the American capitalists, who were already unimpressed with the blockade of the Soviet Union, will now be anxious to put behind the somewhat reserved posture of estimating the reaction of Britain and France in the face of the cheques written by the Soviets. Embrace the enemies they loathe.
Hammer is confident.
As a keen broker. He has his own set of judgments on the international situation. The Hoover Cabinet had an extremely bad performance in the economic crisis. Everyone knows that in order to expand the source of taxes, whether it is the Hoover administration or the next administration, they will use their brains against Prohibition, right?
Instead of putting hundreds of millions of dollars in the pockets of gangsters and moonshiners, and cheapening those who evade taxes and corrupt the government, why not take it from the federal government?
Well!
The more Hammer thought about it, the more he felt that he could make a big fuss. How do I get started?
The story of the Western Gold Digger and the Jeans Boss immediately came to his mind, or the barrel I should prepare for the wine!
The timber business is promising!
Once Prohibition is lifted!
Hammer touched his chin and thought to himself.
When he returned to New York, the first thing he heard was that the Hawke family's steel mill and shipyard had been bought, so he went to visit Situ Nan.
“…… So, the Russians thought their chance had finally come? Situ Nan smiled and said to Hamer, and nodded again, "Yes, the iron will, strategy, and ambition are not inferior to the most outstanding tsars, and his opportunity is coming!" ”
"Sir, you know their desire for American technology and equipment." Hammer laughed. There is no denying that the attitude of Britain and France towards the Soviet Union may now be changing.
This is also an opportunity for Hammer himself. He aspires to soar and build his own business empire.
Hammer still hopes to cooperate with Situ Nan, as a discerning broker, Situ Nan has huge resources behind him, and there is room for cooperation between the two sides, so there is no reason not to continue the cooperative relationship in the past.
Knowing that Hammer was contributing to the Soviet Union's acquisition of American technology and equipment, Situ Nan did not resist this kind of cooperation, so the Bethlehem Iron and Steel Company and the China North Iron and Steel Company reached a deal and sold a large amount of technical equipment to the Soviet Union.
The Chinese (South Chinese) and Russians, waving banknotes, went on a buying spree in the United States, which became a unique memory of the 30s.
After several games, the William consortium still failed to annex Citibank, but with nearly 30% of the shares, it can compete with the alliance formed by the Rockefeller family and the Stillman family, and the two sides hold the same shares, forming a situation in which the William consortium and the Rockefeller consortium jointly control Citibank.
Situ Nan has some regrets about this, but he can accept the result of half Citibank.
In the battle of Citibank, the William consortium spent a lot of money and had to slow down the pace of expansion.
Coincidentally, Citibank is not the only one coveted by big conglomerates, as Bank of America, which is slightly inferior to Wells Fargo, was suddenly attacked by the Morgan consortium and supported by the Rockefeller consortium.
"This time we were careless, Morgan & Co. has acquired a considerable part of the shares, and it is certain that we will enter the board of directors."
Robles was annoyed that he was the first year of junior high school and was made fifteen, which was really not very pleasant.
Bank of America is a member of the William consortium, but is not fully controlled by the William consortium. Giannini pledged not to interfere with the bank's business strategy, resulting in the bank's shareholding diversification.
Except for William Financial, which holds more than a dozen percent of the shares, the remaining shares are scattered among millions of small shareholders, and few shareholders hold more than one percent.
Originally, there was no problem when the economy was booming, but the expansion of the William consortium in the banking and financial industry seriously threatened Morgan's interests, and Morgan needed to strengthen his control over the U.S. banking industry, so he targeted the Bank of America.
"Fortunately, I found it, otherwise Morgan's plot would have succeeded."
Robles said with palpitations.
Situ Nan frowned, shook his head and analyzed: "Morgan's influence is still very large, and it is definitely not a spur of the moment to buy shares from those small shareholders without us knowing, but it was premeditated." ”
"I know how much you admire that Italian, but I can't let him go this time. The unitary shareholder model is no longer suitable. ”
Robles admonished.
Robles Securities paid a considerable price for the competition for Bank of America stock, and now the shareholders of Bank of America have begun to resist selling when they see the stock price rising against the market.
It can be seen that the William Consortium and the Morgan Consortium are indeed fighting with gold and silver.
In this regard, Robles was naturally dissatisfied, and advocated that the William consortium directly control the Bank of America, even if it was divided by the Morgan consortium. It is also better than falling into the hands of that Italian and continuing to wander outside the William consortium.
Situ Nan acquiesced.
He's reminiscing about history. I thought about it for a long time and finally remembered. Bank of America was indeed infiltrated by the Morgan consortium in the parallel plane. Giannini eventually had to leave.
There is no point in continuing to fight with Morgan, the William consortium wants to harvest those weak small and medium-sized companies, which is what all the big consortiums have to do.
Situ Nan took the initiative to call Morgan Jr., hinting that if the other party did not stop, he would deal with GE again.
At the same time, Robles Securities launched a campaign against small and medium-sized Wall Street banks, which were the forces of Morgan's Wall Street coalition.
"You won half Citibank. I only got a third of Bank of America, and this time you won! ”
Morgan Jr. called.
"You've earned it, haven't you?" Situ Nan was not too happy about Little Morgan's weakness, and was very calm.
As part of the compromise, the William consortium and the Morgan consortium later exchanged shares in General Motors, General Electric and Bank of America to strengthen their control over their respective companies.
On the Hudson River, the wind is cold, and the William sails out to sea, destined for the warm Caribbean Sea.
Fast forward to 1930, three months after the stock market crash. The stock market is like the weather in New York, getting colder and colder. It's desperately cold, ice can be seen on the surface of the sea, and marauders party on cruise ships to warm tropical revelry.
The loser struggles in the icy waters, helpless and desperate, looking up only to see the dark night sky.
Standing on the bow deck of the ship, looking back at the brightly lit Manhattan, the main part of the Chrysler Building that had been built could still be seen as construction workers rushing to work.
Wall Street newspapers described it as a car company with a good life, with plenty of money that left other consortia at a loss.
What's even more absurd is that in the midst of the Great Depression, General Motors still had the courage to continue building high-rise buildings?
Although GM's contribution to the construction of the Empire State Building was significantly reduced compared to the original plan, and the building was mainly financed by the obsessed Lascob, it can also be seen that the giant company is still living a good life.
No matter how many Hoover villages there are in New York or Los Angeles, high society is still grizzling, and the golden twenties still exist.
For a few, the dream of prosperity continues.
When winter went to spring, the waves had gone, and Jiangnan was green, Situ Nan left New York.
"How do you feel like you're running away? Or am I weak-hearted? ”
Situ Nan muttered to himself, at this moment, Robles, Livermore and others were partying in the warm cabin.
Yes, they make too much!
Now they're all billionaires!
William Financial Holding holds a large stake in Wells Fargo, Citibank, Bank of America, Robles Securities and Bank of America, and directly controls more than $10 billion in assets, which has surpassed that of JPMorgan & Co.
The total assets of the big banks and large enterprises controlled by the William consortium account for more than 35% of the eight major consortia in the United States!
There are good deeds who declare that Wall Street has entered the Williamian era.
In fact, the Morgan consortium has not declined, and the size of the William consortium is about seventy or eighty percent, and it is still the top force on Wall Street and the United States.
"I smell the smell of "everyone is drunk and I am sober" from afar, and your friends are so happy that they don't need me to tease them with music at all! ”
A quiet man walked in the sound of lights and shadows, dressed in a shabby windbreaker, with his hands in his pockets, and walked slowly in front of Situ Nan, looking indescribably casual.
"It seems that Mr. 1900 is not willing to serve the big names on Wall Street anymore." Situ Nan smiled slightly, music has magic, and it is easy to form a conditioned reflex after listening to it, such as a certain apple has the magic of passing/selling.
The reluctant musician was dismantled and had to be transferred to the William, although he did not like the private cruise ship.
After a moment's hesitation, he said, "I think I'm better suited to the lively third-class." ”
"No problem, the William is going to the Eastern World, and I want you to stay here a little longer."
Situ Nan said briskly.
He regards this sea pianist as a bosom friend, and he doesn't have to bother to get along with him, it's very easy.
Unbeknownst to Mr. 1900, the captains of the world's oceans, whether it was the White Star Steamship Company, the California Shipping Company, or the Southern Star Steamship Company, would take care of and pamper the pianist under Situnan's care.
"Your people are here!"
1900 left with a smile.
Lin Yimin was drunk. The face is flushed. He was joined by little Kadoorie.
This time, the U.S.-Chinese bank was successful in speculating in the stock market. The benefits of at least five or six billion US dollars stunned little Kadoorie and made him see the power of Wall Street, and there is still a considerable gap between Shanghai and New Tangshan.
However, Lin Yimin is not in such a good mood, because the stock market crash has spread to Asia, and Shanghai's financial market has also been hit hard, and the domestic economy has suffered a lot of losses.
Seriously. The U.S. economy is heading for a recession, the U.S. raises tariffs on foreign goods, and the domestic and South China economies are in dire straits.
Lin Yimin had to come to the United States, but the results of the discussions with Washington were not satisfactory, which made him very sad.
He tried to open up Washington's relationship through the relationship between Situ Nan and the Mellon family, but Situ Nan refused.
Beggar-thy-neighbor is the nature of Americans, and it is also the direction of governance in all countries today.
The general trend is like this, but what can I do?
Due to the role played by the William consortium in the stock market crash, Stuart South and Andrew. The relationship between Mellon and the White House has undergone subtle changes, and there are more layers of estrangement. Less affectionate from the past.
"I'm used to the good times in the past, and it's time for this to suffer! I believe that Mr. Kadoorie will have an answer to your sorrows. ”
Situ Nan pointed to little Kadoorie. glanced at Lin Yimin, shook his head and walked away.
Lin Yimin's performance made him shake his head, and the stock markets in Shanghai, New Tangshan, and Tokyo also crashed, but wasn't this expected?
This guy was scared by the stock market crash, and he still has less experience!
Lin Yimin looked at Situ Nan's back and was a little lost, as the finance minister of the Wuhan government, the Yangtze River flood, the drought in the Central Plains, the turmoil on the northern border, and the domestic industrial plan in recent years all require a lot of funds.
With the support of the US-China consortium and Situ Nan's guidance, he thought he was doing a good job, but this global stock market crash really scared him, in the past few months, more than 5,000 domestic companies have closed, millions of workers have lost their jobs, and society is also in turmoil, and people are panicking.
"After all, the export has almost stopped! Many enterprises in Shanghai, Wuhan, Guangzhou and other places have gone bankrupt. Lin Yimin sighed to Little Kadoorie.
Little Kadoorie nodded, the US-China consortium couldn't escape, and there were a lot of losses, so he comforted Lin Yimin and said: "If it's worse, Germany and Japan seem to be even worse." We seem to have more reasons to rejoice than the White House, which is weak and incompetent, and has always been non-interfering in the economy. ”
"That's right! ~”
Lin Yimin nodded and smiled, glanced at Little Kadoorie, and his confidence recovered a lot when he thought that the Meihua Bank had abundant funds, "At least I still have you, don't I?" ”
Speaking of this speculative gain, Kadoorie Jr. was excited: "The William consortium has defeated Kuhn. The Lob consortium, which took control of the company by copying down the Bethlehem Steel Company, has drastically reduced its staff and closed some of its factories.
I've talked to them in Bethlehem and they're willing to have someone take over more capacity. ”
"In this way, the Northern Iron and Steel Company has fallen!"
Lin Yimin quickly thought.
"Unless the Wuhan government comes up with this money, it is possible that the project will fall in New Tangshan, and Meihua Iron and Steel Company also has plans to launch a new steel plant."
Little Kadoorie was noncommittal.
The military and the government, which had tried to improve the state-owned quality of Northern Steel, now that the government has not had that much money, and the state-controlled steel plant plan seems to be failing.
Lin Yimin stared at Xiao Kadoorie for a while, he was also from Meihua, so he naturally understood Xiao Kadoorie's thoughts, and Xiao Jiadao's attitude made him foresee that a new round of mergers and acquisitions would be staged.
For giants like Meihua, although they have been hit by the stock market crash and economic crisis, they can also gain more room for development through mergers and acquisitions.
"William will probably visit Perth, and Mr Szeto is very interested in the development of iron ore mines in Western Australia. It was with great difficulty that I persuaded him to focus on investing in Northern Iron and Steel.
Oh, by the way, he also reminded me that there is a big iron mine in Baotou, Inner Mongolia, and I think it should be true! If it is true, then Wuhan, Shanxi, and the United States and China should sit down and discuss it. ”
Little Kadoorie laughed quietly, which surprised Lin Yimin again, Meihua's ambition is getting bigger and bigger.
Regarding Meihua's request, Lin Yimin agreed.
Now that his mindset has changed, instead of dwelling on the losses caused by the economic crisis, it is better to take advantage of this opportunity to obtain technology and equipment from the United States.
That's right, that's the focus of my negotiations with Washington.
Lin Yimin secretly warned himself, and it was not difficult to understand why Situ Nan was cold to him just now.
Xiao Jiadao's ideal is more that in the south, it is necessary to compete with other rising domestic consortia, and it is more urgent to develop the resource-rich north.
This is also what Situ Nan wants.
"Oh, by the way, I'm also planning to build a large automobile manufacturing plant with the help of Northern Steel."
Little Kadoorie was not satisfied, seeing that Lin Yimin was a little puzzled, he explained, "The U.S. auto industry has been hit hard, seriously understarted, Detroit is about to go bankrupt, and the three major manufacturers wish someone would take over those cumbersome production lines!" ”
"That's just as well!" Lin Yimin finally had a smile on his face......
…………
PS: That's all for stock market crashes and speculation.
The progress will be accelerated below, and it can't be dragged on for three or four years.
The Coolidge boom is gone, and I'll see if I can write some tragic stories of poor ghosts, after all, I have myself as a vivid model, and I guess I can deceive some cheap sympathy. (To be continued.) )