Chapter 260 Little Morgan on(1/2)
Subtitle of this chapter: The final big boss
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"BOSS, you're in the wrong direction!"
Our Master Yuan not only did not walk towards the building, but turned around and ran towards the direction he came.
"Ding!"
"Second Master, be careful!"
Fortunately, Xiaokang pulled him quickly, otherwise he would be hit by a car driving in a hurry... Maybe it would be a good thing for him.
"BOSS/Second Master..." The two men and women asked in unison, "What's wrong with you?"
"I... I remember something, and I have to deal with it now!" Yuan Yan, who came to his senses, explained calmly.
Miss Moman raised her white wrist and pointed to the exquisite lady watch on it and said, "BOSS, it's too late! Don't forget that you're going to meet Mr. Morgan today. It's not good to be late..."
Yes, what I want to meet today is the contemporary king of Wall Street, and I really can't be late.
Old Morgan's nickname is "Jupiter", the Roman version of Zeus, so it seems that it is not too much for his son to be called the King of Wall Street.
Our Master Yuan let out a sigh, nodded, and took his entourage up the stairs without saying a word. He entered outside and looked only two floors, and the shape was very similar to the **** headquarters building of a vault or fortress.
"This is Dr. Yuan, and he made an appointment with Mr. Morgan."
With his current status, he doesn't even need to negotiate in general and should not come forward.
Do you understand this meaning?
For example, in this kind of occasion, he personally told ordinary staff who he was, why he came... and so on, so he lost the price, so he brought his female secretary to come.
1921 was an era when the hierarchy and aristocratic style were very serious. If he wanted to show off, he would not go to Europe or other places to stay and visit him in the future, but his followers would not do it for him to take care of him.
So our Master Yuan brought Miss Moman with me, on the one hand, to find an opportunity to ruin others, but on the other hand, we do have this need.
Now he is holding his hands behind his back and looking around at the "Wall Street Center".
Actually, there is nothing good to look at. Of course, the furnishings around can be called magnificent, but they are just magnificent. After all, this is a commercial place.
He just took this opportunity to make up his ideas.
The Morgan family is different from the Rockefeller family, the former made a fortune very early.
Its ancestors immigrated to the United States during the gold rush in the New World in the early 17th century and settled in Massachusetts.
Old Morgan's grandfather, Joseph Morgan, started running a small cafe. After a little hard work, he owned a very grand hotel, and then bought the canal stock and became a shareholder of the steamship and railway industry.
After becoming rich, Joseph sold his ancestral farm in Massachusetts and moved his family to Connecticut.
By the time the old Morgan father, Juniors Spencer Morgan, was born, their family was already a well-known wealthy businessman in New England.
However, the real story of the Morgan Consortium began in London, England across the Atlantic Ocean.
In 1837, American businessman George Foster Peabody (1795–1869) moved to London, which had established its position as a financial center in the world, and opened a bank.
At that time, the financial industry was still a world controlled by Rothschilds, but Peabody made a lot of money by selling American securities and providing financing, and the 450,000 pounds of capital accumulated was second only to the two financial giants, Rothschild and Bahrain.
In 1851, Peabody invited Junius Spencer Morgan, who was also from the United States, to become a bank partner.
Their business in London was booming and they successfully introduced a large amount of British hot money into the United States, which was extremely scarce. The "Morgan Empire" was born.
Speaking of which, Peabody, one of the founders of the Morgan Consortium, is also a strange man, and his first half of his life was unbelievably stingy.
Legend has it that once he was very sick, his partner JS Morgan persuaded him to go home to rest, so he took an umbrella and walked out of the office.
Twenty minutes later, Junius found that he was still standing on the side of the road in the rain, so he ran out and asked him: "Mr. Peabody, it's time for you to go home."
He replied, "Yes, I'm going home. But I only passed a 2p carriage, and I want to wait for a 1p."
At this time, his bank account had already reached £1 million.
But this man was incredibly generous in the second half of his life. People at that time said, "He did good deeds in his later years as excessive as greed in his early years."
He built communities for the poor in London, and was therefore awarded the title of "London Honorary Citizen". In the United States, he donated a history museum to Yale University; donated a museum of archaeology and human culture to Harvard University; and set up an educational foundation for liberated blacks in the south.
Even the French great writer Hugo once wrote: "In this world, there are people full of hatred and people full of love. George Peabody belongs to the latter. It is on the face of such people that we see the smile of God."
After Peabody retired, Junius Morgan took over all the business and renamed the company Junius S. Morganand Company
So his son JP Morgan was able to study in Switzerland and Germany, and also attended the famous University of Göttingen, Germany, which was the University of Göttingen where Schopenhauer and Nietzsche were professors.
In fact, before World War I at the end of the 19th century, many wealthy American children went to Germany to study, such as Professor Clark, the "first person in the North American Marginal School".
Because it was the most glorious period when Germany was at the top of the world's academic career. Students from Europe and the United States were proud to study in Germany, especially the two prestigious universities, the University of Göttingen and the University of Berlin.
During this period, if a scholar does not have German learning experience, he will be considered to have not received complete academic training. German has become an internationally common academic language, and even many papers in British and American countries are directly named in German.
As for economics, the German history school was at its peak during this period and was able to compete with the British classical economic school. The new history school among them was the source of various social improvement movements in later generations.
When JP Morgan returned from his studies, his father arranged for him to study at his friend Duncan Business. Soon after, he opened a Morgan Business for him on the New York Stock Exchange, which is No. 23, Wall Street where our Master Yuan is currently located.
In contrast, Old Rockefeller's father was just a doctor who did not have a medical license and sold fake medicine. According to Cyris, he was a doctor in the morning.
Moreover, his father is really a talented person. Not only was he guilty of bigamy, he was also accused of sexually assaulting his maid.
As we all know, Morgan Trading Company made a large amount of war money during the Civil War, and its business became increasingly prosperous after the war. His former colleagues, Charles Dabney of Duncan Trading Company and his cousin Gutwin, joined his company, and the company's name was changed to Dabney Morgan Trading Company.
From that time on, Morgan Stanley implemented the senior partner system, which was also the beginning of the American partner system. Later, Merrill Lynch, Goldman Sachs and others copied this system. Later, various industries in Europe and the United States began to be implemented. In the end, even emerging high-tech industries such as Alibaba and Tencent in Cyris were the same.
JP Morgan created a huge empire throughout his life.
Before the economic crisis of the United States in 1907, the financial group and more than 200,000 main financial institutions were connected with each other, with a total value of nearly US$20 billion, accounting for one-third of the total financial capital!
There are also $12.5 billion in insurance assets, accounting for two-thirds of the US insurance industry!
In terms of production, among the 35 major companies in the United States, there are 47 directors of Morgan, including US Steel, General Motors, Kenny Gate Copper, Texas Gulf Sulphur, Mainland Petroleum, General Electric and several railway companies.
The Morgan system has a total capital of $74 billion, equivalent to one-quarter of all corporate capital in the United States!
A total of 167 directors throughout the United States are executing the order issued by Wall Street.
It is with such a pang...a big capital, JP Morgan can play the role of the central bank by himself, forcing major American banks to lower the reserve ratio to inject massive amounts of funds into the panicked market, and safely survived the "big panic" in 1907.
At that time, the New York Times said, "The level of power concentration in private hands is unprecedented in the history of our country."
But to be honest, if there was such a "mainstay" when Black Thursday happened, the Great Depression might not have swept the world.
As JP Morgan himself said, "We should abandon the untenable dogma, that is, that free competition can protect the public's interests." In his opinion, giving the industry to people like him to manage can only run in an orderly manner and ensure the public's interests.
What a domineering and domineering business this is!
What a powerful force!
This is why Lindenwan and others came to blow up the Morgan consortium without bombing it!
Thinking of this, our Master Yuan couldn't help but feel excited. If I could become a senior partner of Morgan Consortium in Northeast Asia, why worry about the big thing going forward?
It is the end of May 1921, and it is only half a year before the "Ten People's Ten Trusts" exchanges, and it is the best time.
There is no need to borrow one from the Morgan Consortium, and it's only 20 million US dollars.
I can return to Cyris with this money as early as July, and make waves in the stock market first and raise the market high.
At the same time, another financial innovation is made, using those "financial derivative products" to encircle all the money you can enclose into trading markets at all levels.
With these high-leverage investment tools, let alone salary deposits, or housewives and pocket money for children, Yuan Yanshu is confident that they can hand them over to their own hands.
I secretly stumbled into a big short seller, and waited until the time when the money was tightened before the Spring Festival next year, causing the entire market to break up.
Think about it, how much money can you make in this wave? How many people can you kill?
No, why are you going to kill someone?!
At that time, I will be a great charity who cleans up the mess. I will take out some money to give it a good idea, so I won’t be praised.
Then convert the bond headers acquired at low prices into actual shares, and take over the banks, money numbers, enterprises and exchanges you like...
Of course, it is easy to talk about, but to do it, you must need the support of foreigners, the support of warlords and the service of underground forces.
Hi, with this ten million US dollars, are you still worried about these three?
It only takes less than a year to be Morgan of Cyris!
What is "successful as a leader, Sandangxiang", what is "never buying tickets, Cao Zhongshan", what is "learning five cars and coach Zhang Dashen", what is penetrating Lin Bei's legs, what is the successor of the demon, what is the military killing fist... I can't escape the grip of my heart!
“Pickup.”
"Why……"
This time, Yuan Yan suddenly lost interest in talking back, so she could only sigh.
I could have been the king of gods standing at the top of the world and looking down on all living beings...at least I am a member of the royal family.
Now that I have this broken system, I can only be a bullshit master. Some people even ask why I have to bring this broken system with me?!
"BOSS, they asked you to go up."
"I understand. You two can go for lunch by yourself."
Master Yuan, who was indifferent, sorted out his clothes and mood, sent his female secretary and male driver, and followed the clerk who led the way to the top floor.
"Du, dumb, dumb."
To be continued...