Chapter 365 Symbolic revenge
(Bow thanks to "Mo Xiaobao Shuiduoduo" for his four monthly tickets!)
A helicopter landed on the special apron of Great Wood Manor, where the family's first heir, Wood, and bank president Alderon, greeted him. Then the patriarch George walked off the plane, and Wood immediately ran over in three or two steps.
"Father, how was the situation when you went there for a meeting? Are those guys too embarrassed for us?" Wood asked nervously.
George rubbed his temples and could see that he was a little tired. He said to Wood: "My child, you must remember that all capitalists are a group of hungry wolves who eat people and don't spit bones, and every bank and every dollar of wealth is a delicious sheep pen in their eyes. As for whether you want to be the leader wolf that occupys this sheep pen or a sheep dog to protect, the decision is only in your own hands."
Wood was stunned at first, then nodded and said, "Father, please rest assured, I will definitely become the leader of the sheep pen!"
George smiled and patted Wood on the shoulder, saying he was proud of Wood. Wood said to George: "Father, have you read the news today? That little bitch from Tang Ran of the Down family actually announced in the media today that he would declare war on the Morgan family!"
George's expression on his face did not change much, and he was obviously not surprised by the news. He nodded and said, "Of course I know the news. Her decision surprised me because it was not a wise choice."
"It's not just unwise, but it's just stupid to me!" Wood took over his father's words and said, "The Down family is just an ordinary consortium family on the West Coast. Even our Great Wood family is not as good as ours. Now we have to declare war on the Morgan family and say that we can go through the Great Depression again. What's the saying goes, it's true that heirs who have not been trained in a systematic way. This mind and vision are rubbish!"
"I don't think she knew how the Great Depression was born back then!" Wood continued in a loud tone, "If they really dared to do anything too much, I'm afraid we won't have to take action, so naturally someone will tear them to pieces."
Wood finally advised George: "Father, since they are so desperate, we should join forces with the Morgan family to take down San Francisco. If Big Wood Bank can accept the assets of Tangren Bank, we will be greatly improved!"
George was not in a hurry to make a decision, but instead asked Alderon who came to greet him: "What do you think?"
Alderon saluted George before answering: "I think their actions are too strange. Perhaps Tang Ran is a 23-year-old young man who is prone to impulsiveness, but Tangren Bank has other people from the Tang family, and it is impossible for her to do whatever she wants. And Tang Ran, judging from her performance in inheriting the Tang family, she doesn't know anything. At least she has Zhou Ming, a helper..."
Speaking of this, Alderon thought for a while before continuing: "Unless Zhou Ming had some accident in Itley, it caused San Francisco to become crazy because according to the information, they seemed to be lovers."
Listening to the news, Wood grinned and said, "Is that so? If that bastard Zhou Ming dies, that would be such a great news!"
"So you think we should not take action for the time being. We need to observe the situation first?" George asked.
Wood was displeased now: "Father, why do we still have to observe the situation? Now they have made a huge mistake and our opportunity, so why don't we seize it?"
Alderon nodded to George and said yes, so George made a decision: "Since that's the case, we will do nothing. Let's look forward to the subsequent performance of the Down family."
After making a decision, George turned to Wood and said, "My child, you have to understand one thing. When hunters catch prey, they always put the food they want most as bait on the trap. Sometimes waiting will make it easier to see the situation clearly. You have to understand that after taking advantage of the situation, they should be the ones who are anxious about it, not us."
...
On April 26, the revenge of the Down family against the Morgan family, which was paid attention to in the entire United States, quietly kicked off.
San Francisco TV paid attention to this revenge operation throughout the process, so their reports are also the most representative, but their title is a bit intriguing: symbolic revenge.
At 9:30 a.m., when the New York exchanges started trading a new day, hundreds of investment companies controlled by the Down family and the California consortium began to crazily sell the shares of the three pillar banks of the Morgan family, causing the shares of the three major banks to fall by nearly 1% on average in an hour.
But this decline was just like this. The Morgan family then used financial resources to tell the Down family why he was the number one in the United States. With the support of the funds mobilized by the Morgan family, Morgan Bank's stock quickly stopped the decline.
Seeing this, the Tang family did not fall in love with the fight. They immediately stopped their troops and gave up their stock market attack on Morgan Bank and instead acquired several real estate investment banks controlled by Morgan Trust.
These investment banks are not only targeting venture capital for real estate projects, but also have a more important function that is to deal with the non-performing assets acquired by Morgan Bank. You should know that Morgan Bank has just bought non-performing assets worth $15 billion from the Great Wood family. If they lose the processing channels, they will lose 15 billion in net losses.
Although the Morgan family is rich and there are political considerations to buy the non-performing assets of Big Wood Bank in packages, this does not mean that they are willing to bear the loss.
So the Morgan family immediately made adjustments, injecting capital into these companies and adjusting their share structure, making the acquisition of the Down family no longer so convenient.
At two o'clock in the afternoon, Pan American Steel suddenly exposed the quality of steel. Pan American Steel's stock was sold off in the stock market and fell by more than five percentage points in an hour.
This Pan American Steel Company is also a holding industry of the Morgan family. Of course, the Morgan family will not ignore it. So the Morgan family also redirected funds to support Pan American Steel Company, first stopping the decline in the stock market, and then dealing with the exposed steel problems.
They first recalled all steel with quality problems and compensated all dealers. At the same time, they set up an investigation team to conduct a detailed investigation into the incident.
Today, the Tang family's revenge is very clever. They did not fight hard with the Morgan family in the same field, but switched back and forth in several fields. If they saw that the Morgan family did not intend to give up, the Tang family would retreat directly. Therefore, although the Down family's approach was dazzling, it did not actually cause too much damage to the Morgan family.
And there is another interesting detail. After a one-day showdown between the Down family and the Morgan family, at the close of the stock market at 4 o'clock, the stocks of the three major banks, Tangren Bank and Morgan rose slightly, ranging from O.3% to O.8%. Although the increase is not large, it is also surprising. Perhaps this is the case that investors believe that the showdown between them can better activate themselves.
...
The day passed quickly, and with the closing of the US stock market at 4 o'clock in the afternoon, the fierce financial showdown between the Down family and the Morgan family temporarily stopped. However, at this time, Zhou Ming received a surprising call that he had been waiting for.
"Hello, Mr. Zhou Ming, I think you should still remember my voice. I really can't say to you from the bottom of my heart, you won, I will give in to you."
With this sentence on the phone, Zhou Ming finally breathed a sigh of relief and a smile appeared on his face, because as the other party said, he did have an impression of this voice, which was the voice of Jack, the head of the Morgan family.
"It seems that the Great Wood family must have made a very stupid decision, right?" Zhou Ming asked.
Jack answered readily: "That's right, because of your approach, the Great Wood family made a wrong judgment, and he no longer believed me."
This is what Zhou Ming wants, and it is also his purpose of asking the Tang family to take gentle revenge on Morgan.
The art of war emphasizes the false and false, revealing the false and hidden truth. After all, the Morgan family took action against the Tang family. If you give up revenge on the Morgan family directly, it will appear too superficial and it is difficult to make the Great Wood family believe it. Therefore, revenge is still necessary, but the way of revenge must be used to think about it.
The heavy thunder and light rain is the core idea of the Tang family's revenge. Simply put, it is to retaliate against the Morgan family's industry with great fanfare, but in fact it did not cause any substantial harm to the Morgan family, and it looked like a deliberate performance.
The Big Wood family will feel that the two families of Down and Morgan are deliberately acting for him, and once the Big Wood family becomes suspicious, the next thing will be much easier.
This method is useless for stubborn people. On the contrary, those who are suspicious in their personalities and distrust others will be very effective. Especially when the appearance is revealed by themselves, they will believe it deeply. This is how people are. Once problems occur, they will fantasize infinitely in the worst places, which will ultimately affect their own decisions.
Judging from Jack's words now, it is obvious that his plan has worked.
While breathing a sigh of relief, Zhou Ming asked curiously: "Mr. Jack, I'm very happy that you can make this call, but I'm still a little curious, that is, even if the Big Wood family has a problem with self-righteousness, he just simply distrusts you. Shouldn't he break up just now, right?"
"Mr. Zhou Ming's character is really cautious," Jack said, "Actually, I did not break with the Big Wood family. I simply thought they no longer had the value of cooperation. Simply put, after I considered your ability and George, I decided to cooperate with the more capable party."
In Jack's subsequent words, he told Zhou Ming that Morgan Bank had originally bought the $15 billion non-performing assets of Big Wood Bank at a theoretical original price. The transaction had exchange conditions. Now, when George began to suspect the Morgan family, he wanted to postpone the delivery of the exchange conditions for security, but Morgan could not agree, so they broke down the negotiation, and then Jack called Zhou Ming.
"So that's it. I didn't expect there was such a relationship here. I thought I would have been waiting for the Big Wood family to take action for a while, but I forgot that your Morgan family wouldn't really make that loss-making principle." Zhou Ming said, "And Mr. Jack, your decision is also very fast."
"I will give up even if it was once worth more money." Jack then said, "Then Mr. Zhou Ming, now we are allies, what should we do?"
"It's not us, but you." Zhou Ming corrected him, "Mr. Jack, I think it's necessary to remind you that we are not allies, but just because we want to share the spoils and share the common interests. I've been doing it now. Since you want to participate, it's your turn to do it."
Chapter completed!