Chapter 1881 Morgan's Past

"According to the investigation, part of the semiconductor and automobile-related businesses split by Korean Star Electronics Group are Kyushu Technology Assistance Technology Business. At first, Kyushu Technology wanted to control the production materials of Korean Semiconductor, but most of the shares of Korean Star Electronics Group were in our Wall Street In the hands of capital, Jiuzhou Technology cannot control Hanxing Electronics as it wishes, so it has not given Hanxing Electronics advanced semiconductor technology in recent years.

At the beginning, I suggested that we could use the Hanxing stocks held by Morgan to carry out real cooperation with Jiuzhou Technology, but Jiuzhou Technology has always rejected us.

Since we have been unable to join Jiuzhou Technology, with our assets and financial strength, we can definitely increase our investment in Rosen Technology. Even if we cannot hold a controlling stake in Rosen Technology, we can continue to gain massive benefits from the global market. "

Gorman, the head of Morgan, said this to the real core controller within the group.

But this time, Morgan's controllers made strange noises.

"Now that Jiuzhou Technology has effectively mastered cross-generational technology, how much resources should we invest in Rosen Technology? In the past five years, we have spent tens of billions of dollars, but we have not yet received the expected profits."

"Daxia is undergoing land reform. The vast farmland and mountains and forests are excellent resource areas. Maybe we can transfer some of the funds to Daxia's agricultural products. Although Daxia has stricter inspections of this industry, after all, there are There is a solution.”

"Semiconductor technology needs to keep pace with the times in order to generate corresponding value! Hanxing Electronics Group will divide these technologies that have lagged behind the times. I think this will cause great losses to our interests."

…

Gorman, the head of Morgan, frowned a little when he heard these voices.

He also knows in his heart that the reason why there is such chaos within the group is largely because the group has caught on to the rapid development of Daxia, but it has not obtained the core high-quality assets!

Similar discussions are repeated every quarter when the financial report comes out.

Even the remarks of some of the top executives, if exposed by media reporters, are likely to cause a major earthquake in the financial market! After all, the move to divert investments across the board and put the chips in Daxia can be regarded as a "betrayal of Wall Street."

The tide of the times is raging against the embankment of the capital empire. Gorman is like a member of the search and rescue team on the shore. He does not want to just watch the group's assets being washed away by the waves, let alone day after day. debate, but there has been no definite action.

His old eyes concealed a sharp gaze like an eagle.

Gorman looked at the eldest man in the conference room, stood up, and walked to him.

Putting the documents he had compiled on the other party's conference table, Gorman took a deep breath and said solemnly: "I should have left Morgan as early as ten years ago. It was you who suggested that I continue to manage Morgan.

Now, Morgan has reached the most important crossroads. If the Cavaliers and noble gentlemen are still arguing, since I cannot lead the team, then I request to resign.

This is not a threat from me, I just think this can free the Morgan Group. I believe that after I leave, Morgan will be able to make breakthroughs in various fields..."

Gorman's meaning is very clear. If the forces within the group cannot unite their voices, then he does not intend to continue to struggle.

The contemporary patriarch of the Morgan family looked at the elite in front of him with deep eyes.

Everyone else in the conference room also glanced over in unison.

After a while, everyone heard a slight cough.

“At the beginning of the last century, our Morgan consortium controlled one-third of the financial capital in the United States, with a total value of nearly 20 billion U.S. dollars. In addition, we also owned 65% of the U.S. insurance industry, worth 12.5 billion U.S. dollars, and our group controlled The companies include: American Steel, General Electric, General Motors, AT\u0026T Telegraph and Telephone, Westinghouse Electric, Transamerica Cable, United Metal Carbide and dozens of other industry leaders.

But in fact, our Morgan family has always been a farm owner, not an investment family. I still remember that in the 19th century, my ancestor Joseph Morgan pioneered real estate, hotels, cafes, and other industries, but What really made him a lot of money was a disaster in the insurance industry. "

The patriarch of the Morgan family, his eyes were like the light projected by an old projector.

"At that time, a terrible fire broke out on Wall Street, burning down more than 600 buildings. Preliminary calculations of direct losses were estimated at more than 15 million US dollars, and the amount of compensation required by insurance was a terrible figure that could not be easily calculated. Astronomy number.

In order to pay this huge amount of compensation, many companies in the insurance industry have emptied their accounts and gone bankrupt.

My ancestor, Joseph, lost all his insurance investment as the insurance industry went into the cold winter. But he made a decision that went against human nature!

Not only did he not sell his shares in the insurance company, he even borrowed money from everywhere to raise a full US$100,000 in cash to buy the shares that were sold at low prices.

A few years later, both companies and individual users were in need of the business of excellent insurance companies, but there were not many insurance companies. Therefore, the surviving insurance companies were not worried about orders. At the same time, they also used the original accident as an excuse to increase their premiums a lot. Insurance The industry has thus entered a period of rapid development again.

My ancestor Joseph, who owned shares of a large insurance company, naturally made a lot of money. It was from him that our Morgan family began to develop in the financial insurance industry.

The Mexican government on the verge of bankruptcy after the Spanish-American War, Argentina, which fell into economic crisis many times, and the British government, which was in debt after the Boer War, were willing to hand over hundreds of millions of dollars of national debt projects to our Morgan Group for us to operate after they could not save themselves.

Fishermen on the seashore know that the bigger the wind and waves, the more valuable the fish!

Because others dare not go out to sea! Because we dare to take risks!

For hundreds of years, our Morgan family has experienced many ups and downs, but we can survive and even get better and better, relying on the fact that there are people in our Morgan family who are willing to take risks in every generation! "

The old man's words gradually became passionate, and everyone present was brought into the once magnificent era of gold rush and big finance by his speech.

It was indeed a good time, everything was changing rapidly and increasing rapidly.

And Gorman also heard the information he wanted to know.