Chapter 169: Debut

In doing so, the Carpenter actually had the idea of escaping.

After all, they come from the bottom, and they have always had a feeling of powerlessness for the growing family business. The fear that their decisions would result in huge losses has been around since they made tens of millions of dollars.

Now they are only talking about handing over hundreds of millions of funds to Alex to deal with, which is actually a transfer of their power.

Alex quickly understood this kind of thinking and intention, and even Richard figured it out, only Karen didn't think deeply.

Karen felt that her parents spoiled Alex too much, and she reluctantly said, "I want it too, I want it too!" It's so partiality for you to give your brother so much money to spend! ”

Bart smiled as he said to Karen, "We didn't give Alex money to spend it, we asked him to invest it. If you can invest like him, it doesn't matter to you. ”

Cullen was very happy to hear this, and she quickly asked, "Really?" Will it really be given to me? ”

"Give you 300 million, how are you going to invest?" Angel said on the side, she added: "Listen to it, it's 300 million US dollars, it's not for you to spend it, but to invest it, and you have to be able to make money." ”

Karen suddenly wrinkled his face and said unhappily: "People don't know how to invest!" I only know how to spend money, not invest! I'm 8 years old, and I'm an adult. You should raise my pocket money. ”

"Ha Lu Ha!" Everyone laughed.

After the last time, Bart comforted her and said, "Okay, we'll double your pocket money!" ”

After Cullen stopped making trouble, Alex said his thoughts: "I think it's best to restructure our Carpenter company." Uni-President is controlled by a single company. Now our company is too scattered and chaotic, and it is very difficult to manage. Especially when it comes to taxes, it's hard to deal with. ”

Angel is the most sensitive to this issue, and she hurriedly asked: "Do you mean that you want to control through an investment company?" Restructuring. Is it to do what you did before, transfer and merge the shares? ”

Alex nodded, and he explained, "Yes! In this way, our funds can be put into a pool, which can not only alleviate the financial problems of some companies. At the same time, it can also offset the losses of other companies, so as to reduce taxes, and most importantly, to significantly reduce our personal taxes. On the surface, we have less money in our personal accounts, but in reality we have more and more money under our control. ”

Bart and they were confused, only Angel understood slightly. If only they were still the same as before. Separating everyone's shares would inevitably result in a lack of concentration of the money earned, and would also make the government's tax department happy.

If Alex did this, it would probably make them pay a lot less tax.

For example, Alex owns shares in Company A and Richard owns shares in Company B. In the first year, Company A makes a profit and Company B loses money, so Alex's company has to pay taxes, and Richard's company does not have to pay taxes.

The following year was the opposite. Company A loses money, and Company B loses money. Then their situation is just reversed.

Either way, one of them had to pay taxes, which were a must for the Carpenter family.

But when you change your approach. Put Alex and Richard's shares in an investment company, so that Company A and Company B become subsidiaries.

In this way, it doesn't matter if it's the first year or the second year. The tax situation is to see if A and B add up to see if they are profitable, and even if they make a profit, they will have to pay much less tax because of the loss of the other company. For the Carpenter family. Taxes were reduced a lot all at once.

The more subsidiaries there are, the more this effect is realized. This is just one of the benefits. Another benefit is that the flow of funds is much easier, and the ability of each company to resist risks is also higher.

The biggest meeting that affected the Carpenter family ended in such a relaxed and natural atmosphere. The Carpenter did not think about the meaning of the meeting at the time, and it took years to understand how important it was.

Soon, they began to concentrate their existing shares in the CPT investment company, dividing the proportion of shares held by each family member. Alex has the most of them, with a total of 40% of the shares. In fact, according to the Carpenters, they wanted Alex to take more than half, but Alex refused.

"I don't need to own that much of a stake, just let me have control! If there are too many shares, the higher the taxes will be handed over to the government. You don't want me to pay too much tax, do you? Ha Lu Ha! ”

The Carpenter also felt that his statement was correct, so they did not insist on it any longer.

Next up are Bart and Angel, who each have 20% of the shares, and the couple together have a total of 40% of the shares.

Richard and Cullen each took 10% of the shares, so that all the shares were distributed one by one.

It will take some time for this matter to be done, and Alex's most urgent thing is to deal with the affairs of Global Airlines first. He first signed a contract with Hughes and bought a 78 percent stake in Hughes for $500 million. This was just the beginning, and there were still a lot of troubles for him to deal with.

Not long after getting the shares, the Wall Street Eulong Reid banking group over there had already applied to the court for a verdict.

At the beginning, the Boeing Aircraft Manufacturing Company was facing difficulties and could not turn over funds, so it hurriedly delivered all the Boeing 707 large passenger aircraft to Global Airlines. Hughes's contract with the company's president required TWA to pay off hundreds of millions of dollars owed for the purchase of 33 large passenger aircraft.

In order to raise funds, he appointed Kirk, a private lawyer, as the plenipotentiary of the funds, and loaned nearly $300 million to the Yuron Reed banking syndicate to buy the plane. As a result, he did not expect that he had stepped into the trap carefully set by others, and when there was a problem with capital turnover, the borrowers immediately revealed their true colors.

The Uron Reed Bank Group belongs to the Rockefeller consortium system, and as a Rockefeller consortium mainly engaged in oil, it has never given up its intention to annex Hughes Tools. I've been waiting for the right moment, and this time it seems that Hughes has thrown himself into the net.

The Yulong Reed Bank group is pressing forward step by step. Constant pressure was exerted to use the shares of Hughes Tools as collateral. Hughes resolutely refused.

Hughes Tools is the foundation of the Hughes family, and Hughes's father warned him that he should not hand over Hughes Tools to anyone else under any circumstances. He's always remembered it!

The Rockefeller consortium served as the main backstage of the Republican Eisenhower administration, and its chairman Douglas ? Yu Long also served as the deputy secretary of state for economic affairs, and his wealth was very powerful. At this time, he didn't take Hughes in isolation at all, and just wanted to take this opportunity to annex Hughes Tools Company as soon as possible.

At first, they just wanted to achieve their goal through negotiations, and the negotiations were intermittent, because Hughes wanted to raise funds by delaying, and then he got impatient. So he completely rejected the other party's request for negotiation.

This made the Rockefeller consortium very angry, and they immediately applied to the court to intervene, and Hughes had other plans at this time. Determined that he would not hand over control of TWA no matter what, he threw his stake to Alex in an attempt to kill two birds with one stone.

This strategy of the Rockefeller consortium was correct, knowing that Hughes was severely mentally ill and afraid to appear in crowded places, let alone on occasions like the courthouse. They were so sure that Hughes would certainly not appear in court. This would allow the court to award them control of the shares as a matter of course.

In fact they were right, it is true that Hughes would not appear in court, and he would rather lose control of Trans World than appear in public.

this day. Everyone was waiting for the owner of the airline to appear in court, and everyone present sat patiently in their seats.

The judge inquired about the cause of the matter in accordance with the usual practice, and the lawyer of the bank syndicate also stated his own evidence and demands. All in all, one purpose, either to repay the money or to award them control of the mortgaged shares.

The judge listened to the prosecution's lawyer. He said solemnly: "Then the defense lawyer will speak and answer!" ”

The lawyer hired by TWA then told us that the company's operations were only temporarily in trouble, although it could not pay the money at the moment. But the aviation market is growing rapidly, and the loan will be able to be repaid in the next few years. In order to protect the rights and interests of the company's thousands of employees, he asked the bank to give a little more time and not press it so hard.

"If you don't pay it back, you'll have to hand over control! In this way, the repayment period can be extended! The prosecution's lawyer said.

"The control of the company's shares must not be relinquished, this is private property, and the arrears are corporate behavior, and personal property cannot be deprived because of this!" Defense counsel objected loudly.

"But it's true that the biggest shareholder of Trans Global Airlines made the decision to borrow, so he has to bear the responsibility, doesn't he?" The prosecution's lawyer immediately replied, pausing and adding: "Since you say that the shares are personal property, then ask the owner of the property to testify in court and explain the reasons for this." ”

"I'm against it!" The defense lawyer said: "This is a judgment against the company's borrowing, not an individual case, and I don't think our individual shareholders need to come forward." ”

The judge looked at the lawyers on both sides, then knocked on the gavel and said: "The objection is invalid, and the actual controller of the company is obliged to cooperate with the court investigation!" ”

The prosecution's lawyers and the bankers were smiling, believing that their side had won the game, and everyone knew that Hughes would not appear in court. In the previous court arguments, Hughes was not seen to come out for investigation.

"Win! We're definitely going to win this time! There was a look in their eyes.

"Then the owner of Trans World Airlines is invited to appear in court!" The Judge said.

There was silence in the courtroom, even the defense lawyer had nothing to say, and the observers watched nervously what was happening in the courtroom. They knew that this was a critical moment, and if they did not appear in court, the judge might immediately pronounce the verdict.

"Defense lawyer, can you give an answer to when the company's largest shareholder will be able to testify?" The judge continued.

"Well, this ......" was the defense lawyer, who had asked Mr. Hughes before and was told that he would never appear in court for questioning.

The judge looked at the defense lawyer. Everyone in the courtroom was watching the defense lawyer. Everyone was waiting for the defense lawyer to say that, as long as he said it. Then the court argument can be pronounced verdict over. The prosecution won, the defense lost. The control of the global airlines would be taken over by the syndicate, and they would be able to do whatever they wanted with the global airlines.

After the end, the defense lawyer replied helplessly: "Our witnesses are unable to appear in court for questioning, this is due to physical factors, please take this into account, Your Excellency!" ”

The judge was undeniable, staring at the defense lawyer and saying, "If he can't appear in court, I don't think he takes the company too seriously, then control of the company is nothing to him, and it's acceptable to hand over the company to someone else." ”

The defense lawyer was in a hurry, and he hurriedly retorted: "Your Excellency." This is not true, our witnesses were not able to appear in court because they were not feeling well, and this company is very important to him. ”

"Alright! Either way, I think it's time to pronounce the verdict. The judge ignored the words of the defense lawyer, and he looked at all the people in the courtroom, ready to say the verdict that had already been decided.

Everyone in the courtroom held their breath and waited for the judge's final verdict.

Just as the judge was about to open his mouth to announce the verdict, "Bang! "A bang. The door to the courtroom was opened. Several people walked in from outside the door, and at the forefront of them was a young man with blond hair, who was in high spirits and looked at the people present with a smile on his face.

"Look. That's Alex! ”

"Strange, what is he doing here?"

Many people immediately recognized that this blonde young man was the same person that the news media had been covering every day for more than a month. All of a sudden. There was a lot of discussion in the courtroom, and there were countless noises.

The judge struck the gavel vigorously. He exclaimed, "Silence! Quiet! Quiet! ”

At the same time, he looked at the court guards on both sides and motioned for them to come out to maintain order. said: "Anyone who has nothing to do with this case, please don't disturb the order of the court!" ”

"Your Excellency, I am the witness you are looking for, the owner of Trans Global Airlines, the owner of 78% of the shares, who is the defendant in this case." Alex didn't wait for the court police to come out and chase people away, he immediately identified himself.

These remarks immediately caused an uproar, and not only the defense lawyers, the prosecution lawyers, and the bank group were surprised, but also the reporters and spectators present. They all thought that the owner of Trans World Airlines was Howard Walt? Hughes, never expected to become Alex.

At this moment, even the judge and the court police could not control the order of the scene, because even they were confused. Everyone was surprised by this sudden incident, and those reporters were even more excited. This is big news that can make headlines!

"When did he become the majority shareholder of Trans World Airlines?"

"What about Mr. Hughes? Did he sell all his shares to Alex? ”

"It's amazing! Hughes doesn't play, it's Alex who comes out! ”

"There's a good show to watch now, I'm afraid there is a deep adultery in it!"

Immediately, a reporter rushed to the front and asked loudly: "Alex!" Alex! When did you become the majority shareholder of Trans World Airlines? ”

Alex nodded to him with a smile and said, "Just a few days ago, it took so long because the procedures were relatively difficult. ”

"Did you buy a stake from Mr. Hughes?" Another reporter asked.

"Didn't buy it from him, could it be that someone else owns 78% of the shares?" Alex asked rhetorically.

The Carpenter family originally owned 5 percent of the company's shares, and with the 78 percent stake they bought from Hughes, they owned a total of 83 percent. In other words, TWA is fully part of the Carpenter family.

"How much did you spend on the shares?"

"No comment!"

"May I ask if you were abused in the days when you were kidnapped by the kidnappers!"

There was actually a reporter who asked about the incident more than a month ago, and Alex had already said in advance that he would not accept an interview in this regard. But the reporters just didn't listen, and this is really dead.

Alex gave the reporter a cold look, then replied, "No comment!" ”

"Knock knock!" The judge finally came to his senses, and he struck the gavel with all his might. I almost knocked a hole in the table.

"Silence! Quiet! Quiet! The court police kick out the disruptors from the courtroom! ”

Under such threats, the journalists went in a daze. Alex was able to fight his way out of the encirclement and come to the defense lawyer. He had some documents handed over to the lawyer. And whispered a few words to the lawyer to let the lawyer know the current situation.

The defense lawyer hurriedly skimmed through the documents he had obtained, and after making sure that they were correct, he prepared for the next round of defense.

At the judge's suggestion, Alex slowly walked to the front, he was already more than one meter tall at this time, he looked a little tall, and his face was ruddy, even in the face of so many people's gazes. He didn't show any shyness.

Alex walked up to the expressionless judge, bowed deeply, and raised his right hand to swear not to tell a lie.

The judge, dressed in a black judge's uniform, had a straight face, and was old-fashioned, staring at the young man in front of him with eagle-sharp eyes. He thought to himself, what kind of ability does this little guy have, he can have so many dazzling halos at a young age, and he has created such a big career with his bare hands.

In court. Alex gushes out opinions and facts, and shows that he can pay off the loan. He has a lot of knowledge about the airline's problems. Have a ready tongue.

He was not only familiar with the company's operation and management, but also understood the technology of aircraft manufacturing, and put forward some ideas on the spot to open up the market in the future. The main leaders of several companies present are also admired.

In this way, it shows that Alex does not only own a stake in this company. And also have the ability to manage it well.

With Alex's strong support, the defense lawyer is on fire. The prosecution's lawyer's requests were dismissed one by one, and it was pointed out that the real intention of the other party was not to get back the loan money, but to control the global airlines, and thus monopolize the U.S. aviation market.

After more than an hour of verbal battles and heated debates between the two sides in the courtroom, the bank syndicate was soon defeated.

The most critical point was that Alex presented the court with proof of deposit amounting to more than $300 million, saying, "I personally have the ability to pay off the loan, and if all the shares in this company belong to me, then I can give the money to the Yuron Reid bank syndicate right now." But unfortunately, we are a listed company, and we must have strict rules and regulations to go, so please ask the bank group to give some grace. ”

"We will definitely pay back the money, and we have the ability to pay it back, but I don't know what kind of bank group is ignoring the reality and blindly forcing us to take out the money immediately? What is the ulterior motive behind this? ”

This was indeed a fatal blow, completely leaving the people of the Yulong Reed Bank group speechless. They also know that if they continue to press, they will only concentrate the equity of Global Airlines. It would be even more difficult for them to take it away from Alex.

Now Alex has not only proved that he has absolute shares, but also proved that he can afford to repay the loan, and the judge has announced in court that they should go back to discuss the repayment time, which is no longer within the scope of civil dispute cases.

In this way, the loan term will naturally have to be extended. Otherwise, Trans World would have to raise money, which would be the best for Alex. He can take the opportunity to throw money in, expand his own shares, and reduce the shares of others.

Creating such a situation is really a bamboo basket for the Rockefeller consortium. At the same time, Hughes also made it clear to others that he would rather have the jade broken than the whole thing.

It seems that the Carpenter family is the only party to benefit from this incident, but in fact, it is not true.

After Alex got the shares, he investigated further and learned that the Rockefeller consortium was behind the banking syndicate. At this time, he understood that Hughes was killing two birds with one stone.

Hughes knew he couldn't afford to pay off the bank syndicate, and if he wanted to delay the repayment deadline, he would have to negotiate constantly and defend himself for a long time. Unfortunately, he did not want to testify in court and would not testify in court, so he would rather give these shares to someone else than to the enemy, knowing that he would lose control of Trans Aero.

Although the Carpenter family has only been on the rise for less than ten years, the momentum is very strong, and he is very optimistic about Alex. In order to pull the Carpenter family into the water, and in order to tie Alex tightly to his side, he chose to sell the shares to the Carpenter family.

$500 million seems to be a loss for him, but it's not at all. At most, it can only be regarded as making less money, Hughes naturally has an account in his heart, and with this $500 million, many difficulties can be solved.

When Alex remembered Hughes, he commented, "This is an old fox!" (To be continued......)

PS: At the end of the month, the ticket is doubled, support the house cat!