Chapter 233: New Shareholders
"Ridgefield, you're the majority shareholder! It's up to you to decide how to develop it!"
As for the future development of Ridgefield, Morgan believes that Fang Lang must have had an idea in his heart, and now he suddenly asked himself to discuss the development of this company.
Morgan's first thought was that the kid was unkind.
So, it directly means that I am a minority shareholder, and you make your own decisions.
"Mr. Morgan, minority shareholders are shareholders too! You can't leave the company behind!"
How could Fang Lang let go of such thick thighs and not hug them!
Morgan obviously didn't expect this guy to use stalkers like a child.
Although he knew that this guy was acting, he had to smile and say:
"Then tell me, what should we, as a small shareholder, do, so that we don't leave the company behind!"
Seeing Morgan's smile, Fang Lang smiled even happier.
"Don't worry! Mr. Morgan, all you need is a loan from Morgan Bank to Ridgefield, and Ridgefield can come back to life."
Regarding Fang Lang's request, Mr. Morgan was noncommittal.
After all, providing loans to businesses is the normal business of the Morgan family bank, and there is nothing difficult about it.
"It's such a small thing, do you need to play like a child?"
"So Mr. Morgan agrees?"
Fang Lang said with a look of surprise.
Looking at Fang Lang's expression, Morgan's heart tightened, and he hurriedly said:
"What do you mean I agree, the bank loan business needs to be handled by the bank. You will need to provide collateral and state the purpose of the loan.
You don't have to look for me for this kind of business behavior!"
How could Fang Lang not understand that he was happy too early, so that the fish that bit the hook woke up.
secretly scolded himself for being too anxious.
"Didn't I think that since you are also a shareholder of the company, can't you arrange this kind of small business directly with you?"
"What you kid said soundly sounded, but he definitely didn't have any good intentions.
Tell me how you are going to develop now that the Ridgefield Company is in your hands!"
How could an old fox like Morgan be in the waves?
directly pierced Fang Lang.
Seeing Morgan asking about the company's development direction, Fang Lang could only bite the bullet and say:
"I am ready to continue to invest in the exploration of the oil fields in the Prudhoe Bay area."
Originally, Fang Lang thought that Morgan would directly raise objections, but unexpectedly, the other party said as if he had expected it:
"So, the reason why you bought this company is to enter the stone industry, right?"
Fang Lang did not deny this.
Nodding his head, he said:
"Yes."
"And what's next? Can you tell me about it?"
This question made Fang Lang a little embarrassed, he couldn't say that he knew that there was a big oil field in Prudhoe Bay, as long as he dug it out, he would make a fortune!
If this is the case, it is estimated that there is no need to think about the loan, and it is more likely that others will withdraw their shares.
For a while, the brain was running rapidly, and the CPU burned Fang Lang's face a little red, and finally found a reason:
"I plan to move to South America after we have straightened out our company, because our neighbor Venezuela is an oil powerhouse."
When it comes to oil, the first target in many people's minds is the Middle East country, and many people ignore that there is another country with huge oil reserves in South America, which is Venezuela.
It's just that the Venezuelan government will play a good hand and play a bad hand.
In 1975, Venezuelan President Hugo Chávez announced the nationalization of the country's oil industry and the expulsion of all oil companies from Europe and the United States.
This is understandable, after all, the resources of one's own country are in the hands of one's own country
Grip is normal.
But after Venezuela nationalized its oil, it completely hung itself on the oil tree, and did not consider developing other industries at all.
Instead, the money in exchange for the export of oil has been turned into high welfare for the state, free medical care, free housing, and so on.
Later, he simply sent the money directly to the people.
As a result, people don't have to do anything, as long as they lie at home, they will have money.
It turned out that agriculture, the main economic pillar industry before the advent of oil, was directly abandoned.
The population began to concentrate in cities on a large scale, with the ratio of urban to rural population as high as 9 to 1.
According to some of our experts, perhaps Venezuela will become the happiest country in the world.
However, all welfare in Venezuela was based on high oil prices, and with the sharp drop in oil prices in the eighties, Venezuela's high-welfare policies went bankrupt.
Ninety percent of the population stays in the cities, where they don't produce or eat, drink, or eat.
And these people, after decades of high welfare upbringing, have no land to plant.
Later governments carried out a series of maneuvers, resulting in high levels of government debt, and directly from the richest democracy in South America to one of the poorest countries in the world.
In order to maintain his position and let voters continue to vote for him, later President Nicolas Maduro began to print a large amount of money to distribute to the people, and at the same time hoped to solve inflation with currency devaluation.
As a result, the currency depreciates rapidly and loses its original purchasing power.
In April 1, Venezuela announced the issuance of a banknote with a face value of 1 million bolívars.
The exchange rate with RMB is about 380,000 bolivars, which can be exchanged for one dollar.
In this case, the government will only create more tens of millions of people per month.
It will not change the status quo of poverty.
Of course, Venezuela has just started at this time, and it is not without opportunity for Fang Lang to intervene, after all, in South America, whether it is the background of an American company.
It's still my own Brazilian relationship, and if you want to get a piece of the pie, there is a chance.
So when Fang Lang's words came out, Morgan really believed that this was Fang Lang's true plan.
After all, it is understandable for a South American to focus his eyes on South America.
At this time, Venezuela is indeed a huge fragrant bun in the eyes of the Americans, if Fang Lang really has the ability to get a piece of the Venezuelan oil industry.
Morgan believes that his investment will definitely pay off handsomely.
With such expectations, the loans that Fang Lang wanted were all minor problems.
"And how much loan do you want?"
"What about ten million dollars?"
Morgan knew that Fang Lang's kid must be holding back something, but after hearing the number reported by Fang Lang, he was still shocked by his shamelessness.
"What? Are you crazy?
You bought this damn Ridgefield firm for 10 million dollars, and now you're going to use this shitty company to borrow 10 million dollars from Morgan Bank."
Fang Lang didn't really expect to be able to borrow $10 million from Morgan Bank so easily.
But considering Morgan's 10 percent stake in Ridgefield, it's definitely a lot easier to borrow than a regular company out there.
The big question now is whether Ridgefield has such a valuable collateral.
"What if I told you that I was sure I could dig up oil from Prudhoe Bay?"
"Fang, you have to understand that I can't provide an unsecured loan for one of your expected returns.
If you can guarantee the Global Group under your name, then I think this loan application will be very easy to approve."
Fang Lang didn't understand that Morgan, this old guy obviously had bad intentions
。
"If that's the case, would the Morgan family mind if I brought in new shareholders for our new Global Oil Company again?"
Morgan obviously didn't expect Fang Lang to have such an idea.
In principle, as the largest shareholder, Fang Lang has no problem introducing new shareholders into the company.
However, Fang Lang brought it up after Morgan refused to take out a loan.
Morgan felt that the shareholder that Fang Lang wanted to introduce might not be right with his family.
Thinking of the industry that this company is engaged in, Morgan immediately has his own goal in mind.
"You're going to bring in the Rockefellers?"
It's not that the Morgan family and the Rockefeller family have a feud, the two can only be said to be in competition.
During this period, the Morgan family was obviously stronger, and the Rockefeller family really surpassed the Morgan family until the rapid increase in oil prices in the seventies.
Of course, this lead did not last long, with the decline in oil prices in the 80s and other reasons, the Rockefeller family's wealth also slowly declined, and was surpassed by the Morgan family again.
However, the competitive relationship between capitalists is sometimes a sword and a sword, and the progress of the other side means the backwardness of our side.
More importantly, the Democratic Party in the United States belongs to the Morgan family, while the Republican Party belongs to the Rockefeller family, although this is not absolute.
But on the one hand, it also reflects that there are actually some contradictions between the two families.
When Morgan thought that what Fang Lang wanted to introduce was the Rockefeller family, Morgan's first reaction was to get angry, not that people who do business with the Morgan family can't do business with the Rockefeller family.
This situation is impossible to avoid.
What made Morgan unhappy was that he felt that Fang Lang was using the Rockefeller family to put pressure on the Morgan family.
So, when he asked this sentence, his tone became obviously not very friendly.
Seeing Mr. Morgan's reaction, Fang Lang understood that if he really said that he wanted to introduce the Rockefeller family, then the friendship he and the Morgan family had built up with great difficulty would collapse in an instant.
At this time, Fang Lang could only be beaten to death and couldn't admit that this was his own thoughts.
"Mr. Morgan misunderstood me. No matter how dizzy I was, I wouldn't do such a thing, would I?"
In fact, in Fang Lang's heart, he really considered introducing the Rockefeller family, after all, the oil industry is the main position of other people's families!
As a Brazilian, he controlled the largest oil field in the United States in the future, and Fang Lang felt like he was playing with fire no matter how he thought about it.
Although this company has 10% of the Morgan family's shares, how can this inconspicuous 10% be concealed, and its own 90% stake ratio is as high as 90%?
The most important thing is that Fang Lang thinks that through this company, establishing a connection with the two largest consortia in the United States will be very beneficial to the development of his company in the United States in the future.
At the very least, no one will dare to target their own business lightly.
Regarding Fang Lang's quibbles, Morgan was not so easily fooled by him.
Directly asked:
"And who do you want to make one of the new shareholders of this company?"