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1456 Morgan Consortium(1/2)

"Haha, I'm really surprised. No one should be able to spot me in this way of dressing up. I'm also very confident in this. Generally speaking, my son can't recognize me. I didn't expect you to

You recognized me. This gentleman is really powerful. So now that you have recognized me, you should know the purpose of my coming here. If I guessed correctly, your power should be quite big on this continent.*1*

1*" Li Cong felt that since he had been recognized, there was no need to cover up. Besides, he couldn't stay in the United States for too long. He could just speak directly if he could.

"Mr. Li, you can just call me Mike. I haven't left here for almost decades, but I have people all over the world. It's not difficult to find out that you are from China, and you

You said your name is Li Yi. As far as I know, Mr. Qin Wu has no connection with people in China. And you said he is his old friend. He is the only old friend named Li in China.

"I wonder if my logic is correct?" Mike said with a smile. This is indeed true. Only such smart people who can understand themselves after twenty years of history are indeed in the minority.

.

"Since our power can find Mr. Li, we should not be weak. The purpose of you coming to me is to cause some trouble within the Skull and Bones Society. We are the pawns in your hands. If it were someone else,

I definitely won’t be happy to be a chess piece, but I don’t mind. Although I don’t want to be a chess piece, I also know that it is not easy to be respected by Mr. Li as a chess piece. So I happily accept it. It’s just me.

I hope Mr. Li will not underestimate us. What I mean is that when something happens, I hope Mr. Li will not just abandon us. But this thing is in Mr. Li’s hands. If Mr. Li wants to cooperate with us, he must

You have to show enough sincerity." This guy is different from the people Li Cong met before. Others believe in Li Cong's credibility, but sometimes Li Cong treats his partners badly.

, this guy also understands this very well, so he needs Li Cong's guarantee, but it is not the previous verbal guarantee.

"I really appreciate Mr. Mike's quick words, but I don't know what kind of guarantee Mr. Mike wants from me? Please make it clear." Li Cong didn't lie and directly picked up the coffee in front of him and took a sip.

.The taste is quite good. It seems that this guy is also a person who knows how to enjoy. Although the things in this house are not very good, some small things are very exquisite.

"Haha. This is very simple. I must have something belonging to Mr. Li here, and it must be something that Mr. Li cannot give up. As far as I know, Mr. Li has something in the gold reserve center in New York.

6,000 tons of gold are used for various settlements. I wonder if this money can be placed with me for safekeeping first? Of course, Mr. Li can send someone to keep it. We also have a large vault. At least Mr. Li can be guaranteed

There is no problem with the safety of this batch of gold. Of course, my people will not enter the yard. How about your people taking charge of everything?" Mike thought for a while and said, Li Cong has the largest gold on the surface in the world.

The reserve has its own 6,000 tons of gold. This is something almost everyone on earth knows. So Li Cong is not surprised, but this guy's appetite is a little too big. Just like what he said, even if Li Cong has a huge

gold reserves, but 6,000 tons of gold is definitely not a small amount. Li Cong messed up the financial market in Europa with only 3,000 tons of gold. This guy opened his mouth and said 6,000 tons of gold. This gold

The selling method is different from other things. If it is sold in retail, the maximum price is 500 yuan per gram. For ordinary people, it is a lot to buy dozens of grams. But if you want to purchase in large quantities, the price will not be like this.

, the previous largest purchase of 700 tons of gold on the London precious metals trading market lasted six days, and the final price was as high as 700 yuan per gram, which increased the price by 40%. What do you think of this thing?

He has money, but if he wants to buy more, he has no goods. After all, the world only produces more than a thousand tons a year.

"Mr. Mike's appetite is really big. I wonder if you know that today's gold price is about 500 yuan per gram. One ton is 500 million yuan, and 6,000 tons of gold is three trillion yuan. If you

If all the money goes out, I guarantee that it will reach 5 trillion yuan. What qualifications do you have to let me keep 5 trillion yuan? Although I am rich, 6,000 tons of gold or 5,000 billion yuan are definitely not a deal to me.

It's a small amount, have you ever thought about how much I would lose if you just swallowed this money?" Li Cong wanted to know how much benefit this guy could bring to him, and he wouldn't mind if this guy could do it.

The reason why I spent this money is just as I said, I am very rich, and it is no problem for me to pay for things that look like astronomical figures to others.

"Haha, you can rest assured about Mr. Li. Our Klan definitely has its own abilities. For example, how could our analysis of Mr. Li's whereabouts be exposed so easily? And

An important reason is that Mr. Li went to meet that boy from the Rockefeller family. In fact, that boy is also one of ours. Another example is Miss Baring in front of us. She also has a very good identity. She is from the Morgan family." That's not true.

It's very long, but it's very shocking. I didn't expect it to be Crouching Tiger, Hidden Dragon.

Li Cong took another look at this woman. It turned out that when he came in, he knew that she would definitely have a powerful identity, but he never thought that he would be so powerful. This Klan is definitely not as simple as it seems.

, this guy is part Rockefeller and part Morgan. This is no joke. This guy has recruited the two largest financial groups in modern times to his subordinates. It seems that he needs to take a closer look.

Speaking of which, the Morgan family's first pot of gold came from an American businessman. In 1835, American businessman George Peabody came to London. At that time, the United States and even the whole world were experiencing the crisis caused by the "new economic bubble".

People relied on loans to build railways, canals, and roads crazily. At that time, people did not want to "pay" to use these new gadgets, just like the current network.

At this time, Peabody was seeking a loan from a British bank for the state of Maryland in the United States. He was very patriotic. He hosted a feast for more than a dozen bankers in the United Kingdom (presumably similar to the Chinese banker Hu Xueyan of the same period who treated people to "flower wine").

"), he persuaded them to believe that the Americans were not liars, and he also threatened kindly, "Only by continuing to provide new loans to the United States can you ensure that the previous loans can be repaid." So, the arrogant British banker allocated another 800

$10,000 loan to the State of Maryland.

The British said, "Peabody borrowed this money based on his own reputation." Moreover, in order to reduce the British's prejudice against Americans who are "eyes on money", they still gave up the commission of $60,000 payable to him by the State of Maryland.

.In short, we can see Peabody’s unusual talents and style.

Peabody was talkative, but plain-looking, and was not very popular with the British. People would never have imagined that he was the founder of the noble Morgan consortium. Later Morgan, whose partners were famous for their good looks and fashion.

Peabody was born in Massachusetts and only attended school for a few years. He worked with his brother to support his widowed mother and six younger siblings since he was a teenager. The poverty in his early years affected his life: he gathered money, worked hard, and enjoyed himself.

, extremely sensitive to contempt, incompatible with the world; patriotic; stingy and stingy in the first half of his life, but continued to donate generously in his later years.

Peabody moved to London in 1837. A year later he opened a business, but it only had one counter, a safe and a few tables. However, he quickly entered a business circle composed of outstanding bankers by virtue of his talents. These people

They not only engage in the fabric business, but also provide financing to those who do this business. In fact, their business name has become a merchant bank, and they have established a financial wholesale business. Instead of the "mediocre business" of ordinary bank savings and transfers.

At this time, "it was impossible for ordinary people to deal with Peabody" because Peabody only served governments, large companies and wealthy people. They provided funds for world trade and issued bonds and stocks.

Peabody set up a business in London and planted the American flag in a foreign land. He showed off the dignity of his country and promoted American products by holding high the stars and stripes. He claimed that Peabody was "the first American business". He did not

He kept sending funds to the United States. He decorated it with beautiful American magazines to create an American atmosphere and become the news center of the United States. Behind his patriotism, he did not want the British to underestimate him. It also showed his inferiority complex.

mentality.

And "his good deeds in his later years were as excessive as his greed in his early years."

As early as 1857, Peabody began to fund a "Peabody College" in Baltimore; in 1862, he began to transfer 150,000 pounds to a trust fund for the construction of poor housing projects in London, and also established

The deed transferred 5,000 large shares of his shares in another company to maintain the operation of this residential complex. For this, he won the title of "Honorary Citizen of London".

In the last stage of his life, he gave alms to an astonishing degree: donating a history museum to Yale University; donating a museum of archeology and anthropology to Harvard University; establishing an education fund for emancipated blacks in the South...

Hugo wrote: "In this world, there are people full of hate and people full of love. Peabody belongs to the latter. It is on the face of such a person that we see the smile of God." This is for George.

The highest praise from Peabody, the original founder of the Morgan Financial Group!

As for our J.P. Morgan, his father Juniors was a wealthy businessman in New England. In the 1850s, Juniors was employed by George Peabody. Their business was prosperous and they successfully introduced a large amount of British hot money.

The United States was extremely short of funds. Juniors was determined to pass on his shipping business to his children and grandchildren. He sternly asked his son Pierpont to take over the family business, helped him choose courses to study in Switzerland and Germany, and arranged for him to study in Switzerland and Germany.

He worked as an apprentice on Wall Street, and incidents big and small may be the reason for him to teach Morgan a lesson. George Peabody had no heirs in his life, and his huge industry had no one to inherit. He took great pains to do this, and finally decided to invite the young Junius?

morgan

gan) joined the company. After George Peabody retired, Junius Morgan took over all the business and renamed the company Junius Morgan Company (ganandcompany). At this moment, Morgan was born.

Hartford, where Joseph was located, was the birthplace of the American insurance industry, but at that time there were still only a handful of insurance companies. In 1835, Joseph invested in an insurance company that covered property losses from fires, hoping to make a steady profit.

However, something unexpected happened, a fire fell from the sky, and Joseph's investment was reduced to ashes. According to common sense, ordinary people who encounter such unlucky things will definitely shy away from such investments. This is also true. Many investors

After being burned by the fire, they all tucked their tails between their legs and did not dare to get involved with the insurance company that insured the fire. However, Joseph, who has a business pedigree, is exactly the opposite of what most people think. He believes that because of the fire,

The impact has just been so that those policyholders have tasted the sweetness. If we continue to operate investment companies that undertake fire insurance, not only will the enthusiasm of policyholders continue to increase, but we can also use the deterrent effect of this fire to raise the price of insurance. From another perspective

It is said that due to the impact of this fire, the number of companies that continue to operate and provide property insurance for fires will decrease sharply. Investing in the insurance industry at this time will not only make a comeback and recover the lost losses, but also definitely make a lot of money.

The situation was just as he expected. When those former investors saw that they had to bear the compensation fees, they transferred their shares at low prices. Joseph, who knew what was going on, tried every means to raise a sum of funds, bought all the shares, and continued to operate.

The "Itna Fire Insurance Company" that was unlucky in the fire. Later, after his earnest persuasion, a friend was willing to contribute money to deal with the compensation together with him.

After passing through the crisis of repaying compensation, the reputation of "Itna Fire Insurance Company" became famous, and there was an endless stream of policyholders, while the insurance premiums doubled. In this gamble, Joseph not only made a profit

The compensation was paid, and a net profit of US$150,000 was made. This was John Pierpont Morgan’s grandfather who liked risky gambling.

And the financial oligarch we are familiar with, J.P. Morgan (

pontmo

gan) was born a long time later. Speaking of which, he is the most important figure in the history of the Morgan family. He is an important figure in the history of American economic development. He has made an indelible contribution to the development of the American economy. He was also a figure in the 1900s

The most important industrialist in the United States is the only one who has seen clearly here. He helped raise funds for basic industries in the United States and made outstanding achievements in many fields-including railroads, steel, telephones, electricity, banking, and insurance. J.P. Morgan

From an unknown young man, through hard work and hard work, he gained a foothold in the financial world and defeated his opponents one by one, and finally developed into the number one person on Wall Street in New York City and ascended to the throne of the American economic hegemon.

The "Morgan-style" business philosophy is: not afraid of risks, have the courage to challenge the strong, and achieve the goal of being the best, while being down-to-earth and achieving it step by step.

J.P. Morgan was born on April 17, 1837, into a wealthy businessman family in Hartford, Connecticut, USA. From his grandfather Joseph to his father J.S. Morgan, the Morgan family was very successful in business. His father J.S. Morgan was the new

Wealthy businessmen in England initially engaged in the wholesale of dried vegetables, and later partnered with Peabody, a famous banker in the city, to establish Peabody & Co. in London, specializing in the trading of U.S. Treasury bonds, state bonds, stocks, and foreign exchange. Their business was prosperous.

, successfully introduced a large amount of British hot money into the United States, which was extremely short of funds. Perhaps it was because of this special family atmosphere and business influence that Morgan dared to think and do things since he was young, and was full of business adventure and speculative spirit. His future development

It is also inseparable from the funding behind his father. J.S. Morgan strictly required his son J.P. Morgan to take over the family business, helped him choose courses to study in Switzerland and Germany, and arranged for him to be an apprentice on Wall Street. All events, big or small, may become his

Lessons learned from J.P. Morgan.

J.P. Morgan has shown his superhuman ability to seize opportunities from the very beginning. After graduating from college, he went to intern at Duncan Firm, which was opened by his father's friend on Wall Street. During one purchase, at the dock of New Orleans, a strange white man asked him if he wanted to buy.

Coffee, the man introduced himself, saying that he was the captain of a cargo ship between the United States and Brazil, and was entrusted to transport a ship of coffee to a coffee merchant in Brazil. Unexpectedly, the American buyer had gone bankrupt, so he had to sell it himself. If someone gave him cash, he could

Sold at half price. J.P. Morgan thought about it for a while, woke up from his initial doubts, felt that this business was good, and decided to buy the ship of coffee. He took coffee samples to sell to all customers in New Orleans who had connections with Duncan Trading Company, but

No one accepted it, and they in turn advised him that maybe the coffee was not consistent with the samples, not to mention that crew members had deceived buyers before. But Morgan felt that the captain was a trustworthy person and he believed in his own judgment.

So he resolutely bought the whole ship of coffee in the name of Duncan Trading Company. He also telegraphed to the headquarters of the trading company that he had bought a shipload of cheap coffee. However, Duncan Trading Company called back and severely criticized him, saying that he was not allowed to use the company's name without authorization! He canceled the transaction immediately!

Morgan had no choice but to send a telegram to his father in London, asking for help. With his father's acquiescence, he used his father's account in London to repay the money he had embezzled from Duncan's firm. He also bought other ships under the introduction of the captain.

of cheap coffee.

Morgan won! Facts proved that his judgment was correct: the cabin was full of good coffee. Not only that, just when he was actively contacting customers, Brazil's caffeine production was greatly reduced due to the cold, and the price of coffee in the international market soared 23 times. Morgan

He made a fortune! His adventurous spirit amazed those who knew him well. His father, who had been working in the business world for most of his life, couldn't help but praise his son for being teachable!

With his father's funding, J.P. Morgan established the Morgan Trading Company opposite the New York Stock Exchange. His career began! The foundation of an economic skyscraper was thus laid!
To be continued...
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