Chapter 263： : Enter the core of the California consortium

When Hardy left Giannini, it was already one o'clock in the evening, but Giannini did not rest and sat alone in the study for a long time.

President Johnson may be re-elected, and there may be variables.

But now the Marshall Plan is right in front of him. This is a real benefit. How could Giannini give up such a big benefit.

Any republican democracy can be put aside.

The California consortium must strengthen ties with Hardy.

Giannini called the assistant over, "You go and notify the other clan chiefs that there is an urgent matter to discuss, and come to the manor at 8 o'clock tomorrow morning."

The assistant led out to inform.

Early in the morning of the next day, several big leaders of the consortium came to the Janini Manor one after another. Everyone came to the backyard. There was a garden here, and people sat and chatted in the garden.

Giannini glanced at the crowd and said: "After the president greeted the reception yesterday, Hardy and I talked until one o'clock in the morning. He told me the news about the Marshall European Assistance Program. President Johnson intends to form a private delegation, Hardy. Won one of the three team quotas."

"The other two places are Rockefeller and Citigroup."

All of you present here are the heads of other companies in the California Consortium. Hearing these words from Janini, he immediately understood a lot of things.

The Marshall Plan involves more than 20 billion funds. This is a huge business. They can sell a lot of goods and invest in Europe. Many of them are national projects, and they can make money as long as they get on the car.

Hardy is the leader of one of the three teams and has the right to decide whether the California consortium can get on the car.

"I asked you to come here just to discuss Hardy's affairs. Let me first talk about my thoughts. Although Hardy joined the consortium before, he was only one of the peripheral partners of the consortium. I think it is necessary to go further and let him Enter the core layer of the consortium." Janini said.

No one jumped out to object.

There are all sensible people who know what Hardy is holding now and how good it is for them.

If they really join the European delegation, their companies can receive huge orders, can lend, they can invest in Europe, and their corporate assets will have a leap-forward improvement, which is what capitalists dream of.

In the past, they supported Dewey, didn't they just seek this? Now Hardy brought more than they wanted, how could they let it go.

"Is this news confirmed?" someone asked.

Janini said lightly: "I called Rockefeller this morning and the President of Rockefeller told me that they are forming a team and selecting companies from the consortium that are suitable for investment in European countries to take over."

"How much can we get?" someone asked again.

"Hadi said there is no limit. The amount of investment depends on the ability of the respective team." Janini said.

Everyone was very happy to hear this. Although they couldn't do the Rockefeller and Citigroup according to their ability, it was better than restricting only a few.

At this time someone said: "Then the presidential election, are we going to change camps?"

Giannini looked at this person and shook his head slightly and said, "You don't need to publicly support it, and it's not necessary now. Hardy has already taken the lead and won the benefits for us, right?"

People think it is true.

"I agree with Hardy to enter the core layer." The chairman of Northwest Bank was the first to speak.

"I agree too." The chairman of Safe Pacific Financial Company nodded.

"I agree."

"agree."

After several people agreed, Janini said: "Then let's discuss how many shares to give to Hardy."

The core of the California consortium is Bank of America, and the core layer is the major families and companies that hold the shares of Bank of America, the Janini family, Western Banking Corporation, Safe Pacific, San Francisco Consortium, Crocker National, etc.

The Giannini family holds the most shares, accounting for 23% of the shares, and other family businesses have more than ten% of the shares.

Agreeing with Hardy's entry into the core layer means that Hardy will get shares in Bank of America and truly enter the core decision-making layer, so that he can decide the direction of the California consortium, not just a branch of the consortium that is responsible for making money.

"How about five percent?" someone asked.

"I feel a little bit less. If Hardy can't be tempted, he can completely hand over European investments to other people. It will be a heavy blow to us. I think we must come up with a bargaining chip to make Hardy tempted." Someone said.

"At least 10% or more, otherwise Hardy will not take it. I always feel that Hardy is a far-sighted investor. I believe he can play a greater role for the consortium in the future." Humane said.

If Johnson is re-elected for four years, Hardy will be able to fight for the benefits of Dao much more than now. They need Hardy's political resources very much.

Just as the gangster family was willing to spend money on the political resources of the old godfather, they were also willing to spend money on the political resources of Hardy.

As a result of the final discussion, it was decided to give Hardy a 12% stake in Bank of America. This share is not too much, at the mid-stream level, and I believe it will be enough to satisfy Hardy.

No one cared about Hardy so much before. In their eyes, letting Hardy join is only to expand the strength of the California consortium, but now they must consider Hardy's opinion because he now holds what they want.

You are valuable in the eyes of others only when you let others ask for it.

Hardy was in Bill's apartment in San Francisco, and the Bill was in Los Angeles, and Hardy came in honestly and unceremoniously.

Ling Ling Ling~!

The phone rang, and Hardy’s assistant picked up to answer. After a few words, he went to Hardy and said softly: "Mr. Hardy, Mr. Janini invites you to come over, saying that several directors of the consortium are there. Everyone wants to make peace. Are you chatting together?"

Hardy guessed it was done.

When Johnson talked about the plan for the European study tour, Hardy built it up in his head to see how to make this thing the best.

In the end, Hardy feels that it is best for him to cooperate with the California consortium. Of course, he must also let the California consortium pay his own satisfactory bargaining chip.

Hardy came to Janini Manor again and met several core leaders of the California Consortium. After greeting everyone, Hardy sat down.

In front of these people, Hardy is now fully qualified to sit on an equal footing, rather than the so-called peripheral enterprises.

this point is very important.

For example, the California consortium operates with Bank of America as its core. The real core circle is the big bosses who master Bank of America. There are hundreds of other companies, which can only be regarded as partnership companies.

There are dozens of large and small families in the Rockefeller Consortium, and there are hundreds of companies in the periphery, but the core is undoubtedly the Rockefeller family, as are other large consortia.

"Hadi, can you tell us in detail about the delegation?" said the chairman of Crocker National.

"no problem."

"President Johnson meant that this time assistance to Europe cannot only rely on the power of the government, but the private sector can also play a great role. Now Europe is short of everything. It is a good time for everyone to make money. Looking at the world, the only country that can provide so many products is the U.S., so we can make this money back, and it also stimulates the domestic economy, which can be described as killing three birds with one stone."

"I think everyone knows that whoever can get these orders in the first time can make a lot of money. This is a cake worth more than 20 billion U.S. dollars."

"For example, Crocker Company. You are the largest agricultural product company in the west. Grain, vegetables, fruits, meat, fish, and forage are all things that European countries are in urgent need of today. What do you think of national procurement? Order?" Hardy asked, looking at the Crocker boss.

Chairman Crocker nodded excitedly.

That decision was a huge order.

Hardy looked at Gianini and the chairman of Northwest Bank, "For example, our banks, Bank of America, Northwest Bank, Wells Fargo, can provide state-level loans to other countries. Those European countries are too short of money. The country was broken, and their treasury was exhausted. Now that the Second World War is over, they want to build but they don’t have money. I believe they will be very happy in the past."

Giannini nodded.

They naturally know that these countries are short of money, so they can borrow money but cannot borrow it, and they dare not borrow it.

Now the state guarantees that this money can be borrowed. Banks make money by lending. They dare to lend to each other as long as they have the guarantee.

"For the building materials, steel, cement, wood and other industries, their original homes were blown to pieces and need to be rebuilt. These materials will definitely be imported in large quantities, as well as cars, oil, and all kinds of materials."

"Of course, if they need it, they can also talk about the arms business and get orders for the group's arms company."

"After World War II, we had overcapacity, and the country was unable to digest so many things, and there was also a wave of layoffs. In fact, the country did this to digest domestic surplus goods, perhaps for political reasons. We can ignore these. For us, absolutely It’s a good opportunity to make money."

Everyone nodded together, agreeing with Hardy's point of view.

"On the first trip to Europe, in addition to the Economic Cooperation Committee with state aid, President Johnson is going to form three non-governmental investigation teams to follow the Economic Cooperation Committee. They are responsible for national-level exchanges, and we are responsible for non-governmental exchanges. "

"It is said that those countries have prepared investment lists. In the past, we could choose companies to invest in. Such opportunities are simply too rare."

"President Johnson gave me one of the teams. The first thing I thought of was the companies of our consortium. If you want to join, you can sign up. I think it's suitable. I will bring it. Of course, if you are not interested, then I will find Other people cooperate." Hardy said.

How could it be that they are not interested, such a good money-making opportunity, these people are absolutely impossible to let go.

They are all old foxes.

Hardy said this, how could they not hear it, Hardy was asking them to make conditions.

Giannini smiled and said: "Hadi, we just discussed it. We feel that with your current strength, you can already enter the core management of Bank of America. We are going to take out 12% of the shares. Are you interested?"

Hardy leaned inwardly.

Of course I am interested.

This is what I want.

With the Bank of America shares, he is equivalent to entering the core layer. Originally, the American consortium had eight giants. After he joined, he became the ninth giant.

Commonly known as the old nine.

Look at Giannini's big nose, it looks a bit like a mountain eagle.

Enter the core layer, Hardy can have more rights, especially for other companies, other companies more or less have a part of the shares in Bank of America, which is also one of the requirements of the California consortium to accept these companies.

The current American consortium, with a capital of more than 3 billion, controls an enterprise scale of more than 30 billion.

This is not 30 billion for later generations.

In the following generations, the top 100 companies in the United States have assets exceeding this number, and they are still one.

"Of course I am interested. Hardy Group is willing to make progress, develop together and make money together with you." Hardy smiled.

The others laughed too.

Hardy agreed,

Then the business is done.

"Twelve percent of the shares of Bank of America, don't know how much it is worth?" Hardy asked.

"I have already calculated it, totaling 380 million U.S. dollars." Janini said.

Hardy smiled and looked at several big guys, and asked with a smile on his face: "I don't have that much money in my hands now, can I borrow this money from Bank of America?"

Everyone was taken aback.

Borrowing money from Bank of America to buy shares in Bank of America, this guy is again empty-handed.

Why is it again?

Because this guy at Wells Fargo did the same last time, and now Hardy still owes Bank of America more than 100 million.

Janini glanced at each other with a few big guys.

"Yes, I will lend it to you." Janini said.

Anyway, the loan was also given to them. This amount of money did not decrease and would not affect their subsequent investment business. The only thing that changed was that Hardy used an IOU in exchange for 12% of the shares of Bank of America.

certainly,

Hardy has to pay interest on this $380 million loan.

Andy flew over from Los Angeles with the team.

The shares are ready in two days.

Wells Fargo bought 12% of the shares of Bank of America and became the fourth largest shareholder of Bank of America. At the same time, Wells Fargo borrowed 380 million from Bank of America to pay for the acquisition.

Wells Fargo is now a sole proprietorship of Hardy, so it is equivalent to Hardy owning 12% of Bank of America.

After the acquisition was completed, the Global Times disclosed this major transaction to the public, and many people were surprised when they saw it.

Didn’t the two fall out The California consortium said before that it would kick the Hardy Group out, but in a blink of an eye, the Hardy Group acquired the shares of Bank of America and entered the core layer of the California Consortium.

This change is too fast.

Of course, there are discerning people who know the doorway. Now Johnson has a good momentum. Hardy invested in Johnson. Once Johnson wins, it will inevitably bring great benefits to the consortium. The American consortium is repairing the relationship.

At the same time, with Hardy's current strength, he is indeed qualified to enter the core layer of the consortium.

Countless people admire Hardy. Every time Hardy's investment is like a magical stroke, he has become one of the core families of a large consortium in just three years. It is really amazing.

Others have been in business for several generations, and he only used it for a few years.

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