Sun God Marvel Chapter 1296: Debt crisis.
General Electric is just an abandoned son, and an abandoned son used to please others? If such a sentence comes from someone else's mouth, it is almost always a joke. But if this is said by someone from Morgan's background, then it is not funny at all.
He knew exactly what kind of behemoth the Morgan Consortium was. Perhaps in the eyes of others, General Electric will be an out-and-out giant enterprise and a vital industrial force in a country. But for the Morgan consortium, General Electric is not an irreplaceable existence. Although it is important, it is not the only one. If it is necessary, it is not impossible to give it up.
Now the old Morgan has shown such a necessity for him, and faced with such a statement of him, the major shareholders can only stand up resentfully, throw a word and leave.
"You will regret it, you will definitely regret it!"
"Regret?" Looking at the back of him leaving, Old Morgan smiled and narrowed his eyes. He didn't say something on his lips, but kept it in his heart. And now, when he was the only one left in the study, he naturally muttered to himself quietly. "This question is something I've always wanted to ask. Have you regretted Morgan becoming what it is today? No, of course you won't regret it. You have taken too many things from Morgan. And now, it’s finally time for you to repay all of this. Morgan, after all, belongs to Morgan. Take some interest first, and we will calculate the principal slowly!"
Old Morgan has experienced the rise and fall of the Morgan family, of course he has his own calculations in his heart. It's a pity that GE's major shareholders don't know this. Now he is completely immersed in the crisis he is facing, and he naturally has no time to guess other people's thoughts when he has no time to care for him.
Returning to his home in despair, the major shareholder began to hurriedly count the assets in his hands. He needs to know how much money he can use and how much property he can sell. He did this because he knew it well. Once General Electric can't make it through, then he will almost go bankrupt.
He who invested almost all of his funds in company projects is definitely the one who suffered the most losses among all shareholders. When these projects die with the changes in General Electric, he will be completely penniless. Not only will he lose everything, he even owes a lot of money to the bank.
Capitalists are used to using banks to borrow chickens to lay eggs. It is a shame for them to keep money in their hands. Of course, this is correct behavior in most cases. After all, currency will depreciate because of inflation, but investment will not. However, when capitalists' investment encounters a fatal blow, their smart behavior will immediately become a life-killing curse, directly driving them into the abyss of immortality.
This is the case with the major shareholder. He pledged his shares and various assets to the bank, and borrowed a huge amount of money to invest in GE's most advantageous projects in the next two decades. It can be said that if everything develops normally, these projects will bring him huge economic benefits, and it may even double his value.
However, what happened in the stock market changed everything. His stock depreciated rapidly, and this made him unknowingly owe a large sum of money to the bank. If those projects are still in operation, then maybe the bank can still give him some face and delay a little time for him to raise funds to pay back the money.
However, when the bank knows that those projects have died, it is almost impossible to generate benefits for him. I'm afraid they will turn their faces on him immediately.
There have never been many people in this world who have been forced to death by banks, and the rich are among the best. The major shareholder, who is almost impossible to repay this huge debt, has almost seen his fate, and the combined assets in his hand are not enough for him to repay his debt, so in the end he is not being swept out and wandering and begging. Just jump off the Golden Gate Bridge, and it's a hundred.
This is not a situation that he can accept. In fact, it is impossible for any person to accept it when faced with such a situation. So his emotions began to become irritable and impermanent, which is also an understandable thing.
He was beaten and cursed from time to time in the study. The situation completely different from his usual upbringing made the servants in the whole mansion become cautious. They don't know what happened, but they know that they are on the wind and waves at this time. If you are not careful, it is very likely to provoke anger from the owner. Therefore, they are very tacitly in agreement and choose to avoid their irritable master at this time.
Of course, not everyone will do this. For example, the old housekeeper in this family would not do this. After serving for his host for many years, he knows his host very well. He knows that he must be in trouble now, and in this case, maybe the call he just received can tell his host. Help. So knowing that it is not a good time to show up, he still knocked on the door tremblingly and said to the major shareholder.
"Sir, there is a call here, I think you should listen to it."
"Get out of here, I am not in the mood to talk to these guys who don't know where they are from. Also, don't bother me again. Otherwise I don't mind letting you get out of this house right away!"
The major shareholder yelled and cursed, and he didn't save any face for this old butler who had served him for more than ten years. This made the old butler pale, but he still conscientiously said to the host he served.
"Sir, the call was made by Mr. Harry Osborne, the chairman of the Osborne Group. He said that he would like to talk to you about important things. I think this should be relevant to what you are currently experiencing. The dilemma helps. So..."
Hearing Harry's name, the majority shareholder finally recovered a bit of sanity. He took a breath and waved his hand to let his old housekeeper go down. Then he picked up the microphone on the desk and hurriedly called back.
Although he didn't know what Harry Osborn meant to call himself at this time, he knew very well that this might be the only turning point he could see. No matter what it was for, he had no reason to let go of such an opportunity. Therefore, he must make this call back.
Two blind tones, and a young man's voice came from the other end of the phone. When hearing this voice, the major shareholders immediately became a little anxious, even asking flatly.
"Is it Mr. Harry Osborne? This is Bob Jones, the chairman of General Electric. Is there anything you just contacted me about?"
"Is Mr. Jones? Yes, I just contacted you. I heard that you are in some serious trouble, haven't you?"
Receiving the call, Harry's face showed a smile that a hunter would only have when his prey gets caught in a trap. This made him feel good, but at the same time he started to ask questions unhurriedly.
"Just call me Bob. Yes, Mr. Osborne. To tell you, I did have some trouble. But I don’t understand. Does it have anything to do with you looking for me? Between us There shouldn’t be too many intersections, even to say, we haven’t met each other."
Although Harry regarded Harry as his own hope of survival, the major shareholders did not let go of their own vigilance. He answered cautiously, but this way of answering made Harry laugh immediately.
"Sorry, Bob. Let’s be straightforward. I already know about the stock market, and I also know that General Electric does not have much ability to survive this severe test. Whether it’s the government or the consortium. , Will not give you too much help. Because your opponent is something they don’t want to offend. In other words, you have been given up, are you?"
Naked open the scars of the major shareholders, which made him feel uncomfortable. And what embarrassed him the most was that this sentence came from Harry, a young man with no hair in his eyes. You know, before that, he had never thought that Harry could be equal to himself. In other words, his father is pretty much the same here. And now, just because he inherited his father's inheritance, this hairy boy actually dared to say such things in front of him. This made him feel uncomfortable immediately.
However, despite the uncomfortable feelings, the majority shareholder still has no plans to turn his face with Harry. He took a few deep breaths, suppressing his unhappiness. Then he said to Harry as calmly as possible.
"It looks like this, right. But I don't understand. What does it have to do with you. Mr. Osborne, you called, it shouldn't be for talking nonsense to me."
"You are right, I really didn't mean to talk nonsense to you."
Nodding, Harry said straight to the majority shareholder~IndoMTL.com~ Tell you the truth, Bob. I have already foreseen what happened in the stock market. And now it happens to be that I have a large amount of cash in my hand. So do you know what I mean? "
"Do you want to help General Electric?"
When I heard this, the major shareholders were a little surprised. He had ignored the problem of foreseeing Harry had said, and was full of joy thinking that he had met a good man. Unfortunately, Harry had no such thoughts.
"Are you kidding me? Why should I help General Electric, and what benefit can General Electric like this give me?"
"Then what do you mean?" The major shareholder who was up and down in his heart was already impatient at this time, he frowned, and asked a little unhappy. Faced with his questioning, Harry just smiled and replied.
"It's very simple, Bob. Although I am unwilling to help GE, I am willing to help you. I know you have shares in General Electric in your hand, and I also know the debt crisis you are facing now. One sentence In other words, 10 billion. Transfer all the shares to me, and I will help you tide over the difficulties in front of you. How about? Would you like to do this exchange with me?"