Chapter 206 officially joined the California Consortium
"Have you heard the rumors recently?" Hardy asked Johnston to sit down and asked with a smile.
"I heard that I have been waiting for shareholders to hold a general meeting of shareholders, but no one contacted me from beginning to end. Originally, I wanted to contact shareholders in the past two days and hold a shareholder meeting on the initiative. Unexpectedly, you would contact me today." President John said. .
Hardy smiled: "Actually, you don't have to contact them. Many shareholders have signed a sale and purchase agreement with Bank of America. They are no longer shareholders. Now I have 46% of Wells Fargo shares in my hand, and I am already the largest shareholder. "
John looked at Hardy in surprise.
Although he had guessed it, he did not expect Hardy to acquire so many shares so quickly.
"Then I should call you the boss, you called me today, don't know what you have ordered, or are you going to fire me." John said.
Hardy smiled and shook his head, "I'm not going to fire you. We have been in good contact before, haven't we? Your idea of "providing customers with the best service" is in line with my ideas, John, I am looking for you today. , Just want to talk about your business."
"John, I hope you will stay as CEO and make Wells Fargo the best bank in the United States. What is your current annual salary?"
"US$26,000."
"I will increase you to 30,000 US dollars, and at the same time increase by 5% every year. Also, you can get a five-tenths of the bank's profit." Hardy said.
John's heart trembled slightly.
No one is indifferent to money. He works to make money. Now the salary has increased by a large margin, and it will increase every year, especially the commission, which makes John very tempted. If he can achieve 100 million bank profits, then He has a commission of $50,000, which is higher than his annual salary. This goal is actually not difficult to achieve.
After the acquisition of Wells Fargo Bank by Hardy Group, it will definitely become the core bank of Hardy Group. All accounts will go here. He knows the earning power of Hardy Group better than anyone else.
In the past, Wells Fargo Bank could only work hard silently. Now that it has a backing, I believe it will enter a period of rapid development.
"What do you want me to do, Mr. Hardy?" John asked.
"It's very simple. Before I complete the acquisition, stabilize the bank's internals. What I want to take over is a complete and healthy bank." Hardy said.
John nodded, "You can rest assured Mr. Hardy, I can do this."
The acquisition of Wells Fargo was far less intense than Hardy had imagined. It has to be said that the consortium is powerful. A single company, or even a bank with assets of more than 100 million yuan, has no power to fight back when facing a consortium.
You can be stubborn.
But the end of the game is the shrinking of assets, and even the future business will not be able to continue.
Even the founders of the Fargo family chose to sell their shares, let alone other minority shareholders. It took a month for Bank of America to complete the acquisition of stocks held by shareholders.
A few days later,
The market released a blockbuster news.
Wells Fargo is preparing to delist.
Stock delisting is often due to low face value, insufficient share capital, insufficient number of shareholders, too low stock price, and fraudulent delisting. This time Wells Fargo Bank voluntarily applied for delisting, settled at the same day’s stock price, and returned all shareholders’ funds. Wells Fargo will no longer be a listed company in the future.
Why did Hardy let Wells Fargo take the initiative to delist?
The reason is very simple. You can directly get the tradable shares and control 100% of Wells Fargo Bank. The listing is to collect money. Hardy thinks that other companies can collect money instead of banks.
At least temporarily not used.
There are other benefits of delisting. After delisting, there is no need to announce the financial report, so that it is convenient to work secretly in the future.
is another half month.
It’s almost Christmas, and the news came out again that Bank of America officially handed over the complete Wells Fargo Bank to ABC TV boss Jon Hardy. From then on, Wells Fargo became the personal property of Jon Hardy.
However, Hardy also borrowed 160 million yuan from Bank of America for this purpose.
This loan was borrowed by Hardy from Bank of America in his own name, so Wells Fargo is now Hardy’s complete personal assets company and has nothing to do with his other businesses and companies.
San Francisco Head Office Building of Wells Fargo Bank.
Hadi took Andy to meet with a group of senior executives of Wells Fargo, Johnston introduced the vice president and department heads to Hardy.
General Banking Department, Investment Management Department, Capital Management Department, Human Resources Department, Corporate Legal Affairs Department, Corporate Affairs Department, etc.
In addition, there are branch presidents.
Hadi gave a short speech and told the management that there will be no personnel changes. Please continue to work with peace of mind and be satisfied with their previous work.
But also told them that Hardy will form a group. In the future, Wells Fargo will become the financial core of Hardy Group, and that funds and investment will go to Wells Fargo.
Now that there is a bank, the capital operation of Hardy Group will be smoother in the future.
Wells Fargo Bank is a bank that provides full-featured services, including community banking, professional financial services, investment, insurance, and various loan businesses.
Hardy feels that their previous development was too conservative. In other words, it is a bank with decades of history. It is still a small regional bank in California and has not gone out at all.
But there are also advantages, that is, the internal strength is very solid.
"Wells Fargo will enter the fast lane of development in the future. I hope that within three years, every city in the United States will have at least one Wells Fargo branch, and we must be prepared to expand overseas business. For rapid development, mergers and acquisitions can be carried out."
"Customers are resources. Think of ways to increase the number of customers. For example, you can contact a water and electricity company and the bank collects water and electricity fees."
"The investment business of the Hardy Hotel has more than 50 million deposits in Wells Fargo Bank. This money involves two to three hundred thousand users. In the future, two other casinos of the Hardy Group will open, and more agent investment companies will be opened, and the number of customers will be increased. Multiplied."
Hardy has thought about it. When every city has a branch of Wells Fargo Bank and the casino is built, he wants to carry forward the cause of TV lottery. Before, there will be 3 casinos in the future. Once half an hour, using different lottery modes, so many lottery games for later generations, it can be used.
When you come to Las Vegas to gamble, many people need to arrange time specially, but the TV lottery is not used. You can participate while lying down and make a phone call. It is completely for the sake of customers.
TV lottery business, Hardy is the only one in the United States, and more and more people will play in the future, earning countless money for the casino.
Tonight in Giannini Manor, there is a grand cocktail party, which is specially held for Hardy.
Everyone who joins the California consortium will be welcomed in this way. All member business owners will come to participate, meet new members, and connect with each other to make money together in the future.
Hardy took Andy and John to the reception together.
There were only men in this reception. When Hardy walked into the hall, there were already more than forty people standing in the hall. People in suits were straight. Janini saw Hardy come in, walked to Hardy and held one hand up. Passionately introduced:
"Everyone, this is our new member, Mr. Jon Hardy of Hardy Group. I think everyone should have heard of HD Security, ABC TV, Hardy Hotel. These are all Hardy's industries. ."
"I believe that many people here must have read "Playboy" magazine, which is also Hardy's industry."
There was a smile on the faces of the men, and everyone knew the smile.
"From today, Jon Hardy will be our partner, and we have one more powerful partner. Everyone applauds and welcomes Hardy to join!"
rushing,
Wow~~!
A group of men applauded warmly and welcome Hardy to join.
From this moment on,
Hadi officially joined the California consortium.
Become a member of the capital consortium.
Afterwards, Janini personally led Hardy and introduced him to the people here one by one, including the owner of Safety Pacific, the owner of the Kaiser Group, the owner of Crocker Agriculture Group, the owner of PRC Real Estate Development, the owner of California Life Insurance Company, Roxy German company boss.
The introduction took half an hour. Everyone greeted Hardy and shook hands. He was welcome to join. There were dozens of people. If Hardy had a good memory now, it would be impossible to remember so many people at once.
Finally, Hardy also introduced Andy and John to everyone. One is the president of Hardy Group and the other is the president of Wells Fargo. They will be Hardy’s right-hand man in the future.
The long banquet table resembles the dining scene of an ancient European palace. Everyone who can serve the table is a so-called big capitalist. Those with assets of less than ten million are not eligible to sit here.
There are no women, no music, no dancing at this banquet. There is only one topic for everyone, and that is business and making money.
After lunch, I entered the free exchange time. Someone came over to say hello to Hardy, who was the owner of Meitong Real Estate Company.
"Mr. Hardy."
"Hello Mr. Stone."
Williamson said with a smile: "Mr. Hardy, I heard from Chairman Giannini that you are going to build two more casinos, each with an investment of hundreds of millions of dollars. It is a big deal. We, PR, are a professional construction company and real estate company. The development company has developed many large projects and I hope to cooperate with you."
200 million investment, if these two projects can be won, even if there is only one, the company can make a fortune from it.
Hardy naturally knows the name of Meitong, which is the largest real estate development company in California and the largest construction company at the same time.
"Of course I am willing to cooperate with Meitong. I am looking for someone to plan the two casinos, and I have also found other construction companies. I welcome Meitong to join. If under the same conditions, I can give priority to Meitong." Hardy Tao.
William Stone immediately smiled, "Then I want to thank Mr. Hardy, and when I look back, I will let my subordinates contact the people in your company."
Speaking, he raised the cup and toasted Hardy.
The owner of MTO left, and another middle-aged man came over, "Hello Mr. Hardy, this is Walter Mac, chairman and president of PepsiCo. I heard that you got the PepsiCo shares in Bank of America?"
"Yes, I am very optimistic about the future of Pepsi-Cola, so I bought their shares." Hardy said.
Walter Mike is a little puzzled, you are optimistic about Pepsi? At present, most people are more optimistic about Coca-Cola. Pepsi is squeezed with only 5% of the market share, and it is a low-end market. Many people say that Pepsi’s final fate is either acquired by Coca-Cola or killed by Coca-Cola. .
In fact, in history, Pepsi has asked Coca-Cola to buy itself three times, but Coca-Cola did not agree, because they felt that Pepsi had a taste similar to theirs, and there was no need to buy him. Pepsi will eventually die.
Finally, Coca-Cola had a misguided look. Unexpectedly, Pepsi was getting stronger and stronger, and finally surpassed him.
"Can I ask why you are optimistic about Pepsi?" Weiner asked.
"I have some thoughts on the development of Pepsi-Cola. It may take some time to express it clearly. We might as well make another appointment to talk in detail." Hardy said.
"Okay." Weiner replied happily.
He knows that Mr. Hardy in front of him can be described as a business genius, and many ideas are still talked about, such as TV shopping, which opened the history of telephone shopping and attracted countless women to watch in front of the TV every afternoon.
For example, casino lottery and proxy investment companies are simply brilliant ideas. The United States now bans lottery business, but in Las Vegas, gambling is legal. Hardy uses a legal casino + live TV + proxy investment company model. The ban on lottery is perfectly avoided.
And as Hardy now, the owner of Hardy Group, owner of Wells Fargo Bank, with assets of several hundred million, is already several grades higher than him, so he is willing to talk to him in detail.
Hadi also took the initiative to chat with other people. He has never been social phobia, never afraid to communicate with people, and became friends with many people in a short time.
In the crowd, he saw David Mersey, the owner of Mersey Pharmaceuticals, and suddenly thought of something. Victor arrived in Hong Kong a month ago and started to work after he stabilized. He rented a building in Central and linked it to an auction company. Brand.
Victor is a shrewd man. He knows that this visit to Hong Kong is his own opportunity. He observes the situation here. He knows that the Chinese Civil War is very fierce. Many people fled to Hong Kong and Hong Kong is flooding with a large population.
The boss said that the value of the land would appreciate. He now believes in this, and admires the boss even more. He can guess this from thousands of miles away.
He also learned a lot about other things. He would send a telegram to the headquarters every other week to report what he found. Victor’s telegram was sent to Hardy every time. One of the telegrams stated that he found that now The price of penicillin on Hong Kong Island is so high that some people even spend $30 for a bottle of penicillin.
You should know that at this time the US dollar is linked to gold The US dollar is equivalent to 24 grams of gold, so there is a saying that a small yellow croaker is exchanged for a bottle of penicillin.
If you can get a batch of penicillin in the past, you will definitely make a lot of money. As for why others don’t sell it to Hong Kong, there is a simple reason, the information is poor.
Even if a very few people know about it, they will conceal the news secretly, because if everyone knows the news, there is no way to continue to make high prices.
Mersey Pharmaceuticals was one of the few pharmaceutical companies that the US government established to produce penicillin during World War II, including Pfizer. Hardy saw that Mersey’s boss remembered this, and maybe he could buy a batch of penicillin from him. .
There is no patent for penicillin. A penicillin production line can be built directly in Hong Kong. This business can be done for decades and can save many people.
"Hello, Mr. David Mersey." Hardy raised his glass and smiled.
"Hello, Mr. Hardy, I just wanted to go over and chat with you, but unfortunately there are too many people around you. When do you think it is right, let's talk about the MGM Casino?" Mersey said.
This guy is also one of the investors in the new casino. There are definitely many problems with buying penicillin.
(End of this chapter)