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Volume 1 New York Story Chapter 36 The Final Word

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    Update time: 2012-06-18

    "Young man, you have made a good calculation! What if the situation in Russia is irreversible and the Rockefellers give up on raising Russian bonds that are like useless paper to protect the market?" The head of Morgan is obviously not optimistic about Wang Geng's risk of taking chestnuts from the fire!

    Wang Geng put out the cigar butt in his hand, stood up and walked back and forth in front of Jack Morgan's huge desk for a few steps, then raised his head and looked directly at the head of Morgan, and said slowly,

    "Jack, everything depends on man-made circumstances. Although I cannot guarantee where the situation in Russia will eventually develop, there will definitely be recurrences within a period of time after the incident begins!"

    "What repetition are you referring to? After the Tsarist government was overthrown, it turned over again? The quagmire of the European War has not yet seen an end. The Allied Powers are too overwhelmed on the Western Front to help the Tsar regain power on the Eastern Front!"

    ¡°Obviously, the Morgan family has a bad impression of the Czar. I wonder if this is related to the fact that the Russian government chose the Rockefeller family instead of the Morgan family to underwrite the national debt. Obviously, the Morgan family is watching the excitement with a cold eye!

    "Jack, what I mean repeatedly is that the new Russian government may not dare to say that it will give up all foreign agreements and borrowing responsibilities during the Tsarist Russia era. A new government is unstable both internally and externally. Obtaining recognition from major countries in the world is their first choice for foreign policy.  !¡±

    Wang Geng¡¯s eyes were firm. Historically, Russia came to power after the February Revolution in 1917, but the bourgeois government came to power. The October Revolution would have to wait half a year. Of course, no one knows whether the butterfly has flapped its wings now!

    "Well what you said makes sense! But the risk is still too great. Old Jack didn't invest your 49% investment bank shares just for you to take such risks!"

    Jack Morgan still has many doubts. The Morgan family has never been as influential as Rockefeller in terms of influence on Russia, so he feels a little unsure.

    "Jack, actually we don't need Russian bonds to rebound to too high a level. We won't spend much money buying Russian bonds worth a penny at the bottom. For example, a bond with a face value of 1,000 rubles. Maybe we will only spend 10 rubles by then.  Get it!"

    Wang Geng looked at the face of the head of Morgan and said with a smile,

    "Of course we don't have to wait for the Russian bond price to rebound to 1,000 rubles, no, not even 500 rubles. Even if we sell short when it rebounds to 200 rubles, that is already 20 times the profit!"

    "What if the new government announces the abolition of all borrowing responsibilities and signed treaties of the Tsarist Russian government?" The head of Morgan is obviously relatively pessimistic about the situation in Russia!

    "Jack, that is something the Rockefeller family has to consider. They are the first to bear the brunt of the American consortium's influence on Russia's situation and influence! If I were Rockefeller, I would put pressure on the new Russian government to issue a statement:

    Claiming that the new government is the legal successor of the Tsarist government and will continue to assume the treaties and obligations originally signed by Russia with various countries, including the responsibility for the payment of national debt after maturity!  "

    Wang Geng even thought about what measures Rockefeller would take at that time!

    ¡°Nima, I don¡¯t believe it. Once the Russian bonds worth hundreds of millions of dollars in your hand turned into waste paper, you Rockefeller would be indifferent!

    After what Wang Geng said, Jack Morgan gradually felt that things might develop like this. If the Russian bonds worth 500 million US dollars in his hands were to be turned into waste paper, he would never sit back and wait for death.  , we must find ways to avoid such extreme situations!

    "Is it too late to intervene in the situation in Russia?" Jack Morgan's thoughts came to life!

    Damn it, why did this old guy become stupid all of a sudden?  Wang Geng patiently explained,

    "Jack, problems in Russia are an opportunity for us to make money. I think we are willing to admit defeat. The depreciation of the Russian bonds in the hands of the Rockefeller family is not your responsibility. On the contrary, when we buy the bottom and take over, we will really become the Rockefellers and  The savior of the Tsar!"

    "Savior? Yes, I'm confused. If we want to be the savior, we have to wait until Russia collapses. But then Rockefeller will probably scold us for taking advantage of the situation, right?" A smile appeared on Jack Morgan's face!

    ¡°Obviously, the head of the Morgan family was in a good mood because he was able to get a big deal from Rockefeller. At this moment, he felt that Wang Geng¡¯s plan seemed to have a glimmer of feasibility, and the risk did not seem to be as big as imagined!

    ¡°But what if the Rockefeller family is really desperate and does nothing, and we grab a lot of Russian bonds that are like waste paper?¡± Jack Morgan pointed out the worst possibility!

    "Jack, if the Rockefeller family gives up, I don't think we have anything to be polite about. What they can't do, the Morgan consortium can do,"Whether it is organizing the tsarist government in exile or personally negotiating with the new government to take over, I believe we can make a bigger difference!  After all, we have invested so little money, how can those who are barefoot be afraid of those who wear shoes!  "

    There was a hint of arrogance in Wang Geng¡¯s voice!

    "Yes! The Rockefeller family spent hundreds of millions of dollars to hold the Russian bonds. When we hunted for the bottom, we spent at most several million to ten million, but once we bought it, it would be at least ten or twenty times.  Profit!" Jack Morgan's eyes finally became hot!

    "Jack, the main battlefield of the Morgan consortium should still be on the bonds of Britain and France. After all, the national debt of Britain and France exceeds 2 billion US dollars, which is much larger than the 500 million US dollars of Russian bonds!" Wang Geng reminded  .

    "Wang, you can't hide in that New York City Hospital for a while. The registration of your investment bank will be completed tomorrow. It's more convenient for Old Jack to do something on Wall Street. I think you can go directly to my hospital.  Come to the headquarters, I need you to be my adviser at any time!"

    Jack Morgan set his sights on Wang Geng. How could such a ready-made think tank and conspiracy genius not be used?

    "Jack, you said that you personally funded my investment bank and let your daughter hold shares, but I am just a third-year Chinese student at West Point Military Academy. It seems too tempting to rashly appear next to you, the financial czar of Wall Street.  Pay attention!¡±

    Wang Geng doesn¡¯t want to continue to be the focus of the media and news, and if he suddenly becomes someone who hangs around Morgan, it will definitely attract everyone¡¯s attention!

    "Are you sure you don't want to work next to me? I'll just call your principal at West Point. Anyway, you can just go back and attend the graduation ceremony when you graduate in the summer!"

    ¡°In Wall Street, in Manhattan, in New York, countless people can¡¯t even think of being around me. You actually gave up such an opportunity?  "Jack Morgan looked at Wang Geng playfully and said.

    "Jack, you even sent your daughter to my investment bank. It doesn't matter whether I go to you or not. Although you only hold 49% of the shares, you are actually responsible for the US$22 million in real money."  Your investment is a blessing to me!¡±

    Wang Geng¡¯s words are true. Jack¡¯s father, J.P. Morgan, was the most charitable venture capital founder in the world in his later years. He invested in the British White Star Steamship Company. The Titanic was almost built with old Morgan¡¯s money!

    At this moment, Jack Morgan's investment of 22 million US dollars in himself is actually quite large. When Cadillac Motor Company was sold to General Motors, it was only 5.4 million US dollars. To talk about Wang Geng's investment in Jack Morgan  If you don¡¯t appreciate it at all, that¡¯s not true!

    "Wang! In the words of you Chinese, good news should not go to outsiders. I insist that your investment banking office should be located closest to Wall Street, and my Morgan headquarters at No. 23 Wall Street is your best choice!

    Your worries are completely unnecessary. I have a dedicated elevator at the headquarters, which can reach the top floor directly from the basement garage. Your investment bank office is located next to my office. It has dedicated corridors and portals for entry and exit, and will not be seen by others.  , I think there is no need to discuss this matter anymore!  "

    The head of Morgan made a final decision that cannot be refuted!
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