Chapter 36 The Final Word
Updated: 2012-06-18
"Young man, you have a good plan! What if the situation in Russia cannot be restored and the Rockefellers give up the Russian bonds that are like protecting the plate and protecting the waste paper?" The head of Morgan obviously did not look forward to Wang Geng's adventure of taking Li in the fire!
Wang Geng extinguished the cigar butts in his hand, stood up and paced back and forth at Jack Morgan's huge desk for a few steps, raised his head and looked directly at the head of Morgan, and said slowly,
"Jack, things are caused by humans. Although I cannot guarantee where the situation in Russia will eventually develop, there will be recurrences within a period of time after the incident begins!"
"What are you referring to? After the Tsarist government was overthrown, the salted fish turned over? The quagmire of the European War had not yet seen the head, and the Allies were unable to take care of themselves on the Western Front and were unable to help the Tsar regain power on the Eastern Front!"
Obviously, the Morgan family has a bad impression of the Tsar. I wonder if this is related to whether the Russian government chose the Rockefeller family instead of the Morgan family to underwrite the national debt. Obviously, the Morgan family is watching the fun at this moment!
"Jack, what I mean by repeated repetition is that the new Russian government may not dare to say that it will give up all foreign agreements and borrowing responsibilities in the Tsarist era. A new government is unstable inside and outside, and obtaining recognition from major countries in the world is their first choice for diplomatic policies!"
Wang Geng's eyes were very firm. In history, 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 later. Of course, no one knows whether the butterfly flapped its wings now!
"Well... what you said makes sense! But the risk is still too great. Old Jack invested in your 49% investment bank shares not to let you take this risk!"
Jack Morgan is still full of doubts. His influence on Russia has always been worse than that of Rockefeller, so he feels a little unsure.
"Jack, we don't actually need Russian bonds to rebound to too much heights. We can't spend too much money on Russian bonds that are worthless at the bottom, such as bonds with a denomination of 1,000 rubles. Maybe we can only spend 10 rubles at that time to get them!"
Wang Geng looked at the face of the head of Morgan and said with a chuckle.
"Of course we don't have to wait for the Russian bond price to rebound to 1,000 rubles. No, 500 rubles are not needed. Even if we short when it rebounds to 200 rubles, it will be a 20-fold return!"
"What if the new government announces the abolition of all loan responsibilities and the contracts signed by the Tsarist Russian government?" The head of Morgan is obviously pessimistic about the situation in Russia!
"Jack, that's what the Rockefeller family has to consider. They are the first to bear the brunt of the situation and influence of Russia in the United States! If I were Rockefeller, I would put pressure on the new Russian government to issue a statement:
It claims that the new government is the legal successor of the Tsarist government and will continue to bear the treaties and obligations originally signed by Russia with various countries, including the responsibility for redemption of the national debt after the maturity of the national debt!"
Wang Geng even thought about what measures Rockefeller would take then!
Damn, I don’t believe it. Once the Russian bonds worth hundreds of millions of dollars in your hand turned into waste paper, you, Rockefeller, will remain indifferent!
After Wang Geng said this, Jack Morgan gradually felt that things might really develop like this. If the Russian bond worth 500 million US dollars in his hand was to become waste paper, he would never be left alone. He must find a way to avoid such extreme situations!
"Is it still time to interfere in the situation in Russia now?" Jack Morgan's mind became lively!
Damn, why did this old guy become stupid all of a sudden? Wang Geng explained patiently,
"Jack, if something goes wrong in Russia, we are the opportunity to make money. I think it is willing to accept the loss. The depreciation of the Russian bonds in the Rockefeller family is not your responsibility. On the contrary, when we buy at the bottom and take over, we will really become the saviors of Rockefeller and the Tsar!"
"Savior? Yes, I'm confused. If we want to be a savior, we will wait for Russia to collapse. However, Rockefeller will most likely scold us for taking advantage of the situation, right?" Jack Morgan's face showed a smile!
Obviously, he was in a good mood to be able to get a big advantage from Rockefeller, and the head of the Morgan family was in a good mood. At this moment, he felt that Wang Geng's plan seemed to be feasible, and the risks seemed not as great as he imagined!
"But what if the Rockefeller family really cut off their arm and fails to do anything, and we have a handful of Russian bonds like waste paper in our hands?" Jack Morgan pointed out the worst possibility!
"Jack, if the Rockefeller family gives in, I don't think we can be polite. The Morgan Consortium can do things that they can't do. Whether it's organizing the Tsar's exile government or personally negotiating with the new government to join in, I believe we can do something bigger! After all, we have invested so much money, how can barefoot people be afraid of wearing shoes!"
Wang Geng's voice was filled with a hint of arrogance!
"Yes! The Russian bonds in the Rockefeller family were held for hundreds of millions of dollars. When we bought at the bottom, we spent at most several million to ten million, but once they were at least ten or twenty times the gains!" Jack Morgan's eyes finally became hot!
"Jack, the main battlefield of the Morgan consortium should still be placed on the bonds of Britain and France. After all, the scale of the government bonds of Britain and France exceeds 2 billion US dollars, which is much larger than the 500 million Russian bonds!" Wang Geng reminded.
"Wang, it's not okay for you to stay in that New York City Hospital. You can get your investment bank registration tomorrow. It's more convenient for Old Jack to do something on Wall Street. I think you can go directly to my headquarters to work. I need you to be a consultant for me at any time!"
Jack Morgan put his idea on Wang Geng. How can such a ready-made think tank adviser to engage in conspiracy without getting up!
"Jack, you said that my investment bank was your personal investment fund to allow your daughter to hold shares, and I was just a third-year Chinese student at West Point Military Academy. It seems too eye-catching to appear next to you, the Wall Street Finance Tsar!"
Wang Geng does not want to continue to be the focus of the media and news, and if he suddenly becomes the person who appears by Morgan, it will inevitably attract everyone's attention!
"Are you sure you don't want to come to work by my side? I'll just call your principal. Anyway, you'll just go back to attend the graduation ceremony when you graduate in the summer!
On Wall Street, in Manhattan, and in New York, countless people think that I can’t come by. You actually gave up such an opportunity?" Jack Morgan looked at Wang Geng with fun.
"Jack, you even sent your daughter to my investment bank. What's the difference between me or not? Although you only hold 49% of the shares, in fact, 22 million US dollars of real money are your investments, and you have the kindness of knowing me!"
Wang Geng’s words are the truth. Jack’s old man, JP Morgan, was the most generous venture capital founder in the world in his later years. The British White Star Steel Company had his investment, and the Titanic was almost built with the money of Old Morgan!
At this moment, Jack Morgan's investment in his $22 million investment was actually quite a big deal. When Cadillac Automobile was sold to GM, it was only $5.4 million. If Wang Geng was not grateful for Jack Morgan's appreciation, that's not the truth!
"Wang! In the words of you Chinese, you will not be able to leave the land of outsiders. I insist that your investment banking office should be located nearest Wall Street, and my Morgan headquarters at 23 Wall Street is your best choice!
Your concerns are completely unnecessary. At the headquarters, I have a dedicated elevator that can be directly reached from the garage in the basement to the top floor. Your investment banking office is located next to my office, with dedicated corridors and portals in and out, and will not be seen by others. I don’t have to discuss this matter anymore!”
Chapter completed!