Manhattan Reborn 1978
Chapter 261 Old Morgan’s performance?
new York.
The top floor of the Blue Crystal Hotel.
David opened the door to the room with a coffee pot and saw Nylent Ramon sitting on a chair in the corridor, with a cup of steaming coffee on the small table next to him.
He nodded to Nyrent, who looked towards the door, and looked around for the waiter, but there was no one there. .
Nylent put down the magazine in his hand, walked over with a smile and asked: "Yes... do you need coffee?"
"Yes~..Why have all the waiters disappeared?"
Nylent spread his hands: "As long as I'm here, I'll let them leave~ Just give it to me~"
"Uh..Okay~Thank you, man!"
"You're welcome~ Please wait a moment."
Seeing that there was no strange expression on Nylent's face, David handed him the coffee pot in his hand.
Nylent took the coffee pot, nodded with a smile, turned around and disappeared around the corner of the corridor with a few strides.
David raised his hand in confusion, scratched his head, returned to the living room sofa and sat down, pointing to the door: "Mr. Nelent Ramon in the corridor... who is he?"
Old Morgan found himself some paper and pen when David went to the door.
Hearing David's question, he smiled and replied: "Nelent Ramon, the best person of this generation of the Ramon family."
"The Ramon family has been in Connecticut, northeast of New York City, for nearly 200 years."
"They have always been allies and partners of our Morgan family."
"Remember what I just said about JP Morgan and JP Morgan II?"
"Grandpa Nellent Ramon's grandfather is JP Morgan's most trusted person and his most important ally."
"JP Morgan II was able to successfully take over the entire Morgan Company, thanks to Lao Ramon's dedicated help."
"Otherwise..."
Old Morgan paused and spread his hands holding the pen: "The Morgan family would have fallen apart long ago because of JP Morgan's sudden death~"
"Whoo~"
Old Morgan breathed a sigh of relief and continued: "John Pierpont Morgan!"
"The Morgan empire he built..."
"David, did you know?"
"In 1907, an economic panic broke out in the United States."
"At that time, the United States did not have a central bank, nor a Federal Reserve, nor a powerful force that could stabilize the financial market."
"In New York City, more than half of bank loans are invested in high-risk stock markets and bonds by trust investment companies."
"Countless people want to obtain high returns from the stock market and bond market."
"The greed of these people and the unusual activity of speculators have put the entire Wall Street financial market in an extremely crazy state of speculation."
"It was the hasty and greedy behavior of trust investment companies, coupled with some secretly ambitious people who spread rumors, that caused a panic among investors on Wall Street."
"The rumor that the trust investment company was about to go bankrupt was widely circulated, and all investors seemed to suddenly want to get their investments back. The bankers followed suit and wanted to recover their loans."
"The Wall Street stock market plummeted, and many banks were on the verge of bankruptcy. This led to the most chaotic financial crisis on Wall Street since the founding of the United States."
At this time, there was a knock on the door of the room, and Nelent Ramon walked in carrying a tray.
He put down the tray, put the coffee pot and a large cup filled with juice on the small table, nodded to David and old Morgan, and turned around to go out.
Old Morgan looked at Nylent's back and nodded his thanks to David for the coffee.
"In response to this crisis, the then chairman of the New York Stock Exchange came to J.P. Morgan's office and wanted help."
"JP Morgan sent people to the New York Stock Exchange to announce that the loan interest rate will be 10%."
"In the following days, J.P. Morgan formulated another big plan and started taking action: to save Molesley Company!"
"He spent 4500 million dollars to buy the Molesley Company, which was formed by the Tennessee Mining and Ironmaking Company."
“This large-scale transaction greatly stimulated the financial market, causing many panicked investors to re-examine the changes in the financial market. Instead of continuing to listen to the rumors, they chose to temporarily stop selling at a loss and wait and see. For a while.”
"At this point, Hualkin's financial market took a sharp turn, and this acquisition has curbed the decline."
"The potential value of this Molesley company, according to John Moody's assessment, is at least around $10 billion."
"Hehe~"
"A company with a valuation of 10 billion sold for 4500 million yuan."
“At that time, many people were shocked by this deal~”
"They couldn't understand why J.P. Morgan was successful."
Old Morgan picked up the coffee cup, took a sip, and smiled at David with a somewhat proud expression.
"It is undeniable that our Morgan family made a lot of money from this acquisition."
"But if J.P. Morgan had not stepped forward to calm this economic crisis, then what would have happened to Wall Street, a financial market without a perfect financial system, in the future during that crisis... No one dares to imagine..."
"After this crisis, some people called JP Morgan's behavior: profit-making patriotism!"
"Hehe~"
"David, what do you hear from these words?"
David took a sip of the juice, raised his eyebrows and said with a smile: "Sour! It's so damn sour!"
"Hahaha~"
"That's right~!"
"Profit is profit, patriotism is patriotism..."
"These people put these two points together, hahaha~"
David looked at Old Morgan who was holding coffee and smiling happily. He wanted to complain in his heart, but he didn't know where to start. .
After a while.
Old Morgan put down his coffee cup and looked at David with very gentle eyes: "I have received some news about the relief bill you are talking about. There is a high probability that it will be passed in Congress."
"There is also a proposal to lift restrictions on pension funds entering the market. I am also one of the participants."
Old Morgan slowly sat up straight and looked at David curiously: "You...let me see the shadow of Morgan's youth, David!"
"Your sensitivity, you transcend ordinary people's vision, judgment and adventurous spirit, I am very amazed~"
"Well... you know, these... I'm just slapping my head, guessing, and messing around~!"
"Hehe~"
"I know~"
"I have grown up listening to JP Morgan's deeds and stories!"
"His achievements are due to important factors in historical development, but more importantly, he has extraordinary wisdom and keen insight, precise judgment, and the adventurous spirit to seize business opportunities."
“Someone once made some comments after JP Morgan’s death~”
"The death of JP Morgan marks the disappearance of an era on Wall Street. There will be no successors to Morgan."
"The new Wall Street, an era ruled by one person, has become unattainable!"
"In the huge empire created by JP Morgan, 167 Morgan directors obeyed JP Morgan's instructions and controlled the entire Morgan system."
"They implement the instructions issued by JP Morgan from Wall Street."
"JP Morgan is the veritable nerve center of Wall Street."
“To this day, it seems they were right!”
"JP Morgan's achievements, no one on Wall Street can surpass him!"
Old Morgan's voice became more and more erratic, causing David to follow his words and start thinking about JP Morgan's most awesome era. .
After a while, Old Morgan shook his head in self-mockery and said with a smile: "David, I am a person with very mediocre abilities!"
"My family gave me a good life and allowed me to learn a wealth of knowledge."
"When I was young, my personality was somewhat similar to that of Giles now..."
“I have some illusions about my future, I am sincere towards people, and I always feel that I have unlimited energy towards my work.”
"There was a time when I was crazy about everything about J.P. Morgan."
"I went to all the people I could find who knew JP Morgan and talked to them about everything about JP Morgan."
"The image of J.P. Morgan slowly became fleshed out in my mind during these chats and historical events."
"I want to thank my mother and family. They taught me when I was a child that the most important thing is to know yourself!"
"After I had a complete shadow of JP Morgan in my mind, I started working harder and harder to catch up with him and become him!"
"I work hard to learn all kinds of knowledge, and I work hard to participate in all family businesses and businesses."
"I'm not very good at speaking or chatting, and my eloquence is very poor."
"I went to many teachers and asked them to help me train myself so that I could speak emotionally and speak passionately when I stood at the center of the stage."
"I just keep working hard and keep moving forward."
"My hard work has allowed me to surpass all my brothers."
"Later, I took over the Morgan family's business and became the Morgan family's biggest voice on Wall Street."
What Old Morgan said is indeed true. .Just like what he said, very. .Bewitched~
David, the only audience member, blinked his eyes and enjoyed Old Morgan's performance. .
"However, after I worked hard, I realized that to this day, I can still only chase JP Morgan's shadow and keep moving forward."
"I'm not J.P. Morgan, and I can't catch up with his shadow."
"It is my greatest ability to maintain the family business as it is now~"
"David~"
"I have met countless young people..."
"You are the one who looks most like JP Morgan~"
"Now, I very much hope that your prediction about the oil crisis can really... become a reality..."
"Perhaps, it will be your ship of coffee beans..."
Okay~~
David really didn't know, facing old Morgan, this fan of JP Morgan. .How should I answer the conversation? .
According to old Morgan himself, after the Morgan family gave birth to JP Morgan, all the family controllers in the past generations were. .It’s a lot of pressure. .
This is a bit like the relationship between Zhu Yuanzhang, the founding emperor of the Ming Dynasty, and his descendants. .History repeats itself~
Zhu Yuanzhang, the founding emperor, unified the country, expanded the territory, and worked hard to govern. He left to his descendants a Ming Dynasty that seemed peaceful and peaceful for the people, but was actually full of problems.
And these filial sons and grandsons of his, because of power and their own interests, began to fight against each other generation after generation. .Internal friction~
About the internal strife of the Morgan family. .Old Morgan didn't say much.
But David himself can completely understand what old Morgan just said about himself being mediocre. .
He, old Morgan, needs to manage the huge family business and make it prosperous.
On the other hand, we also need to make various responses to relatives who have philandering thoughts within the family. .
JP Morgan, in the United States, belongs to the founding generation of the Morgan family!
Old Morgan belongs to the nth generation, the most difficult generation that clings to the country. .
David suddenly felt that what old Morgan said just now was quite right!
Panaris, Elder, Giles, and Pine may not have the ability of old Morgan to overwhelm the chaotic voices within the family and take over and take charge of the entire Morgan family's business.
Um. .
Is the professional manager model imminent?
Old Morgan came here today and said this to him. Could it be that he wanted to. .
David frowned, hesitated for a moment, thought for a moment, and said, "Have you ever thought about your successor?"
"Huh?" Old Morgan leaned back and his smile began to diminish. .
"Hehe~"
"Of course, I've thought about it~"
"As I said just now, no one among my children can...be my successor..."
"At least... not yet~!"
Old Morgan's voice became lower and lower, and he whispered softly: "If only Panaris or Elder could stand up and block Lilith just now..."
"They still have a glimmer of possibility..."
"Forehead.."
David was completely speechless~
He has now confirmed it from old Morgan. .He was plotted again~
He looked at Old Morgan with a very helpless face, and complained somewhat: "Panaris and Elder are like this, why are you like this now?"
"Are you all scheming people and never ask the parties involved what they think?"
Old Morgan laughed dumbly, raised his hand and touched his beard: "Okay~ I apologize~!"
"David, I'm just..."
"Stop!"
"I can't bear your being so polite~!"
"Hehehe~hahaha~"
"You David boy~"
"Do you know that it has been how many years since I said as much as I want to say today?"
David rolled his eyes secretly: "How many years? Are you depressed? Come on, come on~ While we are still just two people, you can talk about it all at once~"
"Hahaha~"
"Giles is right, you are such an interesting person~haha~"
"Um... you must be thirsty~ Come on, have a cup of coffee~ while it's still hot!"
"Haha~ good~ good~"
----
Blue Crystal Hotel.
On the floor below David and the others, Lilith's room door was pushed open, and Laura ran in with an anxious look on her face.
She saw Lilith sitting alone on the sofa in a daze, and fell beside her in a few strides, and asked: "Dad... is he here?"
"Hmm~"
"Where is he? Does he know David...?"
"I know ~ I just met David!"
"How's it going? Dad, what did he say?"
Lilith hugged Laura, reached out and patted her back gently, with a smile on her lips: "David... He said he wanted to get engaged to me before Christmas this year!"
"what?"
Laura is furious~
She stood up suddenly, wanting to go find that boy David who was thinking about beautiful things, and have a good chat about life. .
Lilith forcibly held Laura who was about to jump up, and quickly continued: "He held my hand in front of your father and said this to me."
"what?"
Laura’s eyes slowly changed. .Like a copper bell~
Lilith smiled and hugged her again, and said softly: "At that time, Mr. Morgan said that he needed to ask Laura about this~"
"what?"
A turning point?
A forced turn?
"Dad, what do you mean by what he said~"
Laura, whose mind was a little confused, no longer understood what Lilith said~
Lilith held Laura's head and gently held her in her arms: "Don't worry~ It's coming soon~"
"We... are about to see it!"
Lilith's voice and embrace helped Laura slowly calm down.
She somewhat understood what Lilith meant when she said: Almost~. .
The two of them hugged each other quietly like this, slowly softening into the sofa.
----
top layer.
When David saw that old Morgan had stopped laughing, he spread his hands and said, "We are off topic~"
"Just now I was talking about Nyrente Ramon, but..."
"Haha~ It's not too serious to go off topic~"
"Nelent Ramon is my choice to succeed Morgan Stanley as president!"
"what?"
"Is he going to take over Stanley?"
"Yes~"
"He will be the information link between Stanley's decision-making and executive levels."
"Stanley has developed to this day, and its business has slowly begun to become global."
"Its internal information exchange is becoming increasingly complex, and due to its management model, it has begun to be unable to keep up with the company's development pace!"
"This is my attempt and a change in Stanley's management structure."
"Nelent Ramon will participate in decision-making and execution and act as a lubricant between the board of directors and Stanley's senior and middle managers!"
After listening to Old Morgan's explanation, David understood. .This is the original. . Where is the CEO?
CEO!
A top executive in a company who is responsible for daily affairs and is in charge of the company's administrative affairs. .
Old Morgan observed the expression on David's face and found nothing unexpected on his face, and was a little surprised.
He continued: "Now the financial markets in the United States and Wall Street are becoming increasingly mature."
"If Stanley wants to develop transnational global business expansion, it needs a more mature and faster management model."
"The emergence of Nylent will bring a new wave of development and changes to Stanley's management."
"I have talked with him. His main responsibilities and rights after taking office are: to appoint and remove staff below the general manager at will; to implement the resolutions of the board of directors; to preside over and smoothen the company's daily business activities; after being authorized by the board of directors, You can sign contracts with external parties, or handle some unexpected business situations on behalf of Stanley!"
David knew that Morgan Sr. wanted to make the best arrangement he could think of for Stanley while he was still able to control the situation.
"Then...Does Stanley currently...have any objections to Nerrent Ramon taking office?"
"Haha~ The one who manages Stanley now is Nylent's father!"
"I understand~! Nylent will also join the board of directors, right?"
"That's right~"
"Old Ramon will slowly hand over the power in his hands. Nylent has already accepted our test, and he should be able to become Stanley's best helmsman!"
"Helmsman? Then...where are the captain and first mate? You already have someone chosen?"
"No, not yet~"
"I haven't thought about the choice of captain, I'm thinking... setting up a strategic decision-making team!"
"It will be an institution that plays an important role in Stanley's future development decisions."
“It’s considered an independent institution~”
"The constraints on Nylent's future decisions will not come from the board of directors, but from this strategic decision-making team."
"This strategic decision-making team is the main authority to support or deny Nyrent's decision-making in Stanley's business."
"As I said just now, Stanley's share structure is very complicated. The former Stanley board of directors has become..."
Old Morgan spread his hands and said that the board of directors was in such a mess that he didn’t even know where to start~
"So, you have a plan to let Nyrent join the board of directors, become management, and take over business decision-making?"
"That's right~"
"Change should have started long ago~"
"Nelent Ramon is the best candidate I can find right now!"
Old Morgan looked at David and became a little confused. .Makes David mad.
"David, I want you to join this strategic decision-making team and be a... consultant! What do you think?"
"Me? As a consultant?"
"No no no~ no way!"
"What? Are you afraid that I can't pay you?"
"No~"
David shook his head repeatedly and said: "You just said that the most important thing is to know yourself!"
"I never thought I'd be a Stanley."
"No~David, don't refuse in a hurry~"
Old Morgan waved his hand and interrupted David: "Let's... make a bet!"
"If this oil crisis you predicted will happen, you will join!"
"On the other hand, if your prediction is wrong..."
Old Morgan spread his hands and shrugged: "You join us too!"
"what?"
David looked at Old Morgan in confusion: "Why did I join?"
"Haha~ Since the prediction has been wrong, don't you want to help us make back our losses?"
Emm. .
this. .It’s a series of tricks~
The prediction was correct, which proved that David had a sharp vision and was able to cut through the fog and find the most likely important events with limited information. .
The prediction was wrong and it proved David. .It brought huge losses to Stanley, and as an ally, he needed to help Stanley earn back this loss. .
No matter how you calculate it, old Morgan, this old man, will tie David up. .Stanley above. .
This. .
David scratched his head. .
like. .When he first met Giles, he boasted that if the prediction of the oil crisis failed, he could work for the Morgan family. .To recover the losses. .
Could it be that old Morgan knew about this and was waiting for David here today?
fxxx!
The consequences of bragging!
Last night, David was still talking to Princeton University President Guy Luther, saying that he would not fully join the Morgan family. .
how. .Has it become like this now?
Seeing that the expression on David's face was constantly changing, Old Morgan continued to add, "I can double your company's mortgage loan for you!"
"If you are willing to join, Stanley will give you an annual salary of one million yuan every year, plus a 2% equity dividend!"
David frowned: "This... is not about money!"
Old Morgan raised his eyebrows and touched his beard: "That Odis Parker you have met, I can help you and make him the most trustworthy person around you!"
David's brows furrowed deeper: "Do you know him?"
"Of course~"
"If he hadn't been so ostentatious and flamboyant on Wall Street... I might have put him on the list of key candidates..."
Listen~
Listen to old Morgan's tone~
Also the point. .List~
David opened his mouth, shook his head and said nothing.
Old Morgan raised the corner of his mouth and continued: "Da Company! I can assure you here that as long as I am alive, the Morgan family will be Da Company's most loyal allies!"
David frowned and looked directly at Old Morgan without speaking.
Old Morgan looked at the silent David, slowly put away his smile, and sighed: "I didn't mean to tie you up~"
"I told you all my thoughts today, just to bet on a future for the family!"
David remained silent and continued to look at old Morgan.
"Panaris and Elder, I'll start a hedge fund for them."
"They will receive investment from some of the pension funds and some investment funds that have entered the market within a few years."
"Giles and Pine..."
"I hope Giles can find something that interests him and live a life that he likes."
"Pine... I will ask him what he wants, and if he is willing, I will arrange for him to join this Stanley decision-making team!"
"And... Cheryl and Grace, Laura and Lilith..."
"They...as girls, no matter what they want to do, their mother and I will support them!"
Old Morgan did not look at David again. He lowered his head and unbuttoned the two buttons on his collar, as if he wanted to feel more relaxed.
"In my entire life, I have never done anything adventurous..."
"Probably...the riskiest thing I have done is marrying my wife, Neriya!"
"When I met Nariya, my family had already made an engagement for me and another girl."
"I... and Nariya fell in love in a very short period of time."
"The two of us have gone through many twists and turns, and finally fulfilled the promise we made and lived together."
"Nariya and I are old."
"This world has begun to become a little difficult for us to understand!"
"David, in every era, there will be some outstanding figures like JP Morgan!"
"Like old John Rockefeller."
"Like Bloomer's dad, Walton Sr."
"Like President Roosevelt."
"Like... you! David Coleman!"
"I have been chasing the shadow of JP Morgan my whole life."
"He...has a wealthy family, which can serve as a backing for him to show off his talents."
"When he wanted to buy that shipment of coffee beans, without the help of his father Junius, Duncan & Co. would never have agreed to J.P. Morgan's risky transaction."
"It's impossible for him to successfully earn the first pot of gold in his life!"
"You have found for yourself the Sidrich family as the financial backing to start your business."
"You persuaded old Malkin Sidrich to use his retirement money to establish da company!"
"You also became friends with Giles and Pine~"
"I persuaded them to invest in the company, and with the limited information at hand, I told them some of your predictions for the future."
"Now, they've all been proven, you were right!"
"David!"
"I can tell you very clearly that when JP Morgan was 21 years old, he was definitely not as good as you are doing now!"
"I see too many futures and too many possibilities in you!"
"If I bind you to the Morgan family~"
"That will cut off your wings to fly!"
"I never thought of doing that!"
Old Morgan touched the notebook and whispered: "JP Morgan once said: There is a kind of bird that cannot be caged!"
"His feathers are stained with the radiance of the sun!"
"He...also said: Capital is more important than money, but the most important thing is character!"
"You can create a big company for the Sidrich family."
"You...were able to stand in front of me just now and block Lilith behind me."
"Perhaps you are the luckiest gamble in my life!"
"Perhaps, you may be the least adventurous person in my life...try~!"
"You told Giles that you would always be friends~!"
"You told Panaris that you would be our family's forever friend~!"
"You told Laura and Lilith that you would always stand in front of them!"
"Now, David!"
"Whether you leave your name in this notebook or not, it doesn't actually matter!"
"I, Sirrod Pierpont Morgan, also want your friendship!"
"This has nothing to do with the Morgan family!"
"It has nothing to do with any business or transaction!"
"I just saw a glimpse of the shadow in you that I have been chasing all my life!"
"I want to see you spread your wings and fly!"
"I want to see you become...what I once dreamed of being!"
Old Morgan shook his head slightly: "Some people say that in the Morgan family, since JP Morgan, no one will be able to recreate the scene of having 167 directors stand together."
In David's mind, the scene that Old Morgan told him felt a bit weird.
JP Morgan himself represents an era of great change in the financial market in the United States!
167 directors all chose to stand by JP Morgan, maybe not entirely because of money.
but. .
Without money, who would choose to stand by his side?
Is this a dialectical contradiction thesis?
He took a deep breath: "I am not J.P. Morgan."
"I never thought about going...to be the second him!"
Old Morgan looked at him calmly, smiled and said, "Yes!"
"You're David Coleman!"
"Now you are busy chasing money."
"But after you got them, you chose to help all the people around you who were in need."
Emm. .
David felt that these two sentences from old Morgan were true. .Nothing wrong!
----
Blue Crystal Hotel, first floor.
Seamus Norton.
Giles's uncle, brother of Neria Norton Morgan, the elder Morgan's wife, and the loudest voice of the Cleveland consortium, got out of the car and walked into the lobby of the Blue Crystal Hotel.
Nylent Ramon, who was already waiting here, greeted Seamus with a smile: "Hello Mr. Norton!"
"Haha~ We meet again, Nylent~ Where is old Morgan?"
"He's on the top floor, chatting with Mr. David Coleman!"
"Oh?"
Seamus' smile became even happier. He turned around and whispered a few instructions to the people following him, and then walked into the elevator under the guidance of Nellent.
The top floor of the Blue Crystal Hotel.
David opened the door to the room with a coffee pot and saw Nylent Ramon sitting on a chair in the corridor, with a cup of steaming coffee on the small table next to him.
He nodded to Nyrent, who looked towards the door, and looked around for the waiter, but there was no one there. .
Nylent put down the magazine in his hand, walked over with a smile and asked: "Yes... do you need coffee?"
"Yes~..Why have all the waiters disappeared?"
Nylent spread his hands: "As long as I'm here, I'll let them leave~ Just give it to me~"
"Uh..Okay~Thank you, man!"
"You're welcome~ Please wait a moment."
Seeing that there was no strange expression on Nylent's face, David handed him the coffee pot in his hand.
Nylent took the coffee pot, nodded with a smile, turned around and disappeared around the corner of the corridor with a few strides.
David raised his hand in confusion, scratched his head, returned to the living room sofa and sat down, pointing to the door: "Mr. Nelent Ramon in the corridor... who is he?"
Old Morgan found himself some paper and pen when David went to the door.
Hearing David's question, he smiled and replied: "Nelent Ramon, the best person of this generation of the Ramon family."
"The Ramon family has been in Connecticut, northeast of New York City, for nearly 200 years."
"They have always been allies and partners of our Morgan family."
"Remember what I just said about JP Morgan and JP Morgan II?"
"Grandpa Nellent Ramon's grandfather is JP Morgan's most trusted person and his most important ally."
"JP Morgan II was able to successfully take over the entire Morgan Company, thanks to Lao Ramon's dedicated help."
"Otherwise..."
Old Morgan paused and spread his hands holding the pen: "The Morgan family would have fallen apart long ago because of JP Morgan's sudden death~"
"Whoo~"
Old Morgan breathed a sigh of relief and continued: "John Pierpont Morgan!"
"The Morgan empire he built..."
"David, did you know?"
"In 1907, an economic panic broke out in the United States."
"At that time, the United States did not have a central bank, nor a Federal Reserve, nor a powerful force that could stabilize the financial market."
"In New York City, more than half of bank loans are invested in high-risk stock markets and bonds by trust investment companies."
"Countless people want to obtain high returns from the stock market and bond market."
"The greed of these people and the unusual activity of speculators have put the entire Wall Street financial market in an extremely crazy state of speculation."
"It was the hasty and greedy behavior of trust investment companies, coupled with some secretly ambitious people who spread rumors, that caused a panic among investors on Wall Street."
"The rumor that the trust investment company was about to go bankrupt was widely circulated, and all investors seemed to suddenly want to get their investments back. The bankers followed suit and wanted to recover their loans."
"The Wall Street stock market plummeted, and many banks were on the verge of bankruptcy. This led to the most chaotic financial crisis on Wall Street since the founding of the United States."
At this time, there was a knock on the door of the room, and Nelent Ramon walked in carrying a tray.
He put down the tray, put the coffee pot and a large cup filled with juice on the small table, nodded to David and old Morgan, and turned around to go out.
Old Morgan looked at Nylent's back and nodded his thanks to David for the coffee.
"In response to this crisis, the then chairman of the New York Stock Exchange came to J.P. Morgan's office and wanted help."
"JP Morgan sent people to the New York Stock Exchange to announce that the loan interest rate will be 10%."
"In the following days, J.P. Morgan formulated another big plan and started taking action: to save Molesley Company!"
"He spent 4500 million dollars to buy the Molesley Company, which was formed by the Tennessee Mining and Ironmaking Company."
“This large-scale transaction greatly stimulated the financial market, causing many panicked investors to re-examine the changes in the financial market. Instead of continuing to listen to the rumors, they chose to temporarily stop selling at a loss and wait and see. For a while.”
"At this point, Hualkin's financial market took a sharp turn, and this acquisition has curbed the decline."
"The potential value of this Molesley company, according to John Moody's assessment, is at least around $10 billion."
"Hehe~"
"A company with a valuation of 10 billion sold for 4500 million yuan."
“At that time, many people were shocked by this deal~”
"They couldn't understand why J.P. Morgan was successful."
Old Morgan picked up the coffee cup, took a sip, and smiled at David with a somewhat proud expression.
"It is undeniable that our Morgan family made a lot of money from this acquisition."
"But if J.P. Morgan had not stepped forward to calm this economic crisis, then what would have happened to Wall Street, a financial market without a perfect financial system, in the future during that crisis... No one dares to imagine..."
"After this crisis, some people called JP Morgan's behavior: profit-making patriotism!"
"Hehe~"
"David, what do you hear from these words?"
David took a sip of the juice, raised his eyebrows and said with a smile: "Sour! It's so damn sour!"
"Hahaha~"
"That's right~!"
"Profit is profit, patriotism is patriotism..."
"These people put these two points together, hahaha~"
David looked at Old Morgan who was holding coffee and smiling happily. He wanted to complain in his heart, but he didn't know where to start. .
After a while.
Old Morgan put down his coffee cup and looked at David with very gentle eyes: "I have received some news about the relief bill you are talking about. There is a high probability that it will be passed in Congress."
"There is also a proposal to lift restrictions on pension funds entering the market. I am also one of the participants."
Old Morgan slowly sat up straight and looked at David curiously: "You...let me see the shadow of Morgan's youth, David!"
"Your sensitivity, you transcend ordinary people's vision, judgment and adventurous spirit, I am very amazed~"
"Well... you know, these... I'm just slapping my head, guessing, and messing around~!"
"Hehe~"
"I know~"
"I have grown up listening to JP Morgan's deeds and stories!"
"His achievements are due to important factors in historical development, but more importantly, he has extraordinary wisdom and keen insight, precise judgment, and the adventurous spirit to seize business opportunities."
“Someone once made some comments after JP Morgan’s death~”
"The death of JP Morgan marks the disappearance of an era on Wall Street. There will be no successors to Morgan."
"The new Wall Street, an era ruled by one person, has become unattainable!"
"In the huge empire created by JP Morgan, 167 Morgan directors obeyed JP Morgan's instructions and controlled the entire Morgan system."
"They implement the instructions issued by JP Morgan from Wall Street."
"JP Morgan is the veritable nerve center of Wall Street."
“To this day, it seems they were right!”
"JP Morgan's achievements, no one on Wall Street can surpass him!"
Old Morgan's voice became more and more erratic, causing David to follow his words and start thinking about JP Morgan's most awesome era. .
After a while, Old Morgan shook his head in self-mockery and said with a smile: "David, I am a person with very mediocre abilities!"
"My family gave me a good life and allowed me to learn a wealth of knowledge."
"When I was young, my personality was somewhat similar to that of Giles now..."
“I have some illusions about my future, I am sincere towards people, and I always feel that I have unlimited energy towards my work.”
"There was a time when I was crazy about everything about J.P. Morgan."
"I went to all the people I could find who knew JP Morgan and talked to them about everything about JP Morgan."
"The image of J.P. Morgan slowly became fleshed out in my mind during these chats and historical events."
"I want to thank my mother and family. They taught me when I was a child that the most important thing is to know yourself!"
"After I had a complete shadow of JP Morgan in my mind, I started working harder and harder to catch up with him and become him!"
"I work hard to learn all kinds of knowledge, and I work hard to participate in all family businesses and businesses."
"I'm not very good at speaking or chatting, and my eloquence is very poor."
"I went to many teachers and asked them to help me train myself so that I could speak emotionally and speak passionately when I stood at the center of the stage."
"I just keep working hard and keep moving forward."
"My hard work has allowed me to surpass all my brothers."
"Later, I took over the Morgan family's business and became the Morgan family's biggest voice on Wall Street."
What Old Morgan said is indeed true. .Just like what he said, very. .Bewitched~
David, the only audience member, blinked his eyes and enjoyed Old Morgan's performance. .
"However, after I worked hard, I realized that to this day, I can still only chase JP Morgan's shadow and keep moving forward."
"I'm not J.P. Morgan, and I can't catch up with his shadow."
"It is my greatest ability to maintain the family business as it is now~"
"David~"
"I have met countless young people..."
"You are the one who looks most like JP Morgan~"
"Now, I very much hope that your prediction about the oil crisis can really... become a reality..."
"Perhaps, it will be your ship of coffee beans..."
Okay~~
David really didn't know, facing old Morgan, this fan of JP Morgan. .How should I answer the conversation? .
According to old Morgan himself, after the Morgan family gave birth to JP Morgan, all the family controllers in the past generations were. .It’s a lot of pressure. .
This is a bit like the relationship between Zhu Yuanzhang, the founding emperor of the Ming Dynasty, and his descendants. .History repeats itself~
Zhu Yuanzhang, the founding emperor, unified the country, expanded the territory, and worked hard to govern. He left to his descendants a Ming Dynasty that seemed peaceful and peaceful for the people, but was actually full of problems.
And these filial sons and grandsons of his, because of power and their own interests, began to fight against each other generation after generation. .Internal friction~
About the internal strife of the Morgan family. .Old Morgan didn't say much.
But David himself can completely understand what old Morgan just said about himself being mediocre. .
He, old Morgan, needs to manage the huge family business and make it prosperous.
On the other hand, we also need to make various responses to relatives who have philandering thoughts within the family. .
JP Morgan, in the United States, belongs to the founding generation of the Morgan family!
Old Morgan belongs to the nth generation, the most difficult generation that clings to the country. .
David suddenly felt that what old Morgan said just now was quite right!
Panaris, Elder, Giles, and Pine may not have the ability of old Morgan to overwhelm the chaotic voices within the family and take over and take charge of the entire Morgan family's business.
Um. .
Is the professional manager model imminent?
Old Morgan came here today and said this to him. Could it be that he wanted to. .
David frowned, hesitated for a moment, thought for a moment, and said, "Have you ever thought about your successor?"
"Huh?" Old Morgan leaned back and his smile began to diminish. .
"Hehe~"
"Of course, I've thought about it~"
"As I said just now, no one among my children can...be my successor..."
"At least... not yet~!"
Old Morgan's voice became lower and lower, and he whispered softly: "If only Panaris or Elder could stand up and block Lilith just now..."
"They still have a glimmer of possibility..."
"Forehead.."
David was completely speechless~
He has now confirmed it from old Morgan. .He was plotted again~
He looked at Old Morgan with a very helpless face, and complained somewhat: "Panaris and Elder are like this, why are you like this now?"
"Are you all scheming people and never ask the parties involved what they think?"
Old Morgan laughed dumbly, raised his hand and touched his beard: "Okay~ I apologize~!"
"David, I'm just..."
"Stop!"
"I can't bear your being so polite~!"
"Hehehe~hahaha~"
"You David boy~"
"Do you know that it has been how many years since I said as much as I want to say today?"
David rolled his eyes secretly: "How many years? Are you depressed? Come on, come on~ While we are still just two people, you can talk about it all at once~"
"Hahaha~"
"Giles is right, you are such an interesting person~haha~"
"Um... you must be thirsty~ Come on, have a cup of coffee~ while it's still hot!"
"Haha~ good~ good~"
----
Blue Crystal Hotel.
On the floor below David and the others, Lilith's room door was pushed open, and Laura ran in with an anxious look on her face.
She saw Lilith sitting alone on the sofa in a daze, and fell beside her in a few strides, and asked: "Dad... is he here?"
"Hmm~"
"Where is he? Does he know David...?"
"I know ~ I just met David!"
"How's it going? Dad, what did he say?"
Lilith hugged Laura, reached out and patted her back gently, with a smile on her lips: "David... He said he wanted to get engaged to me before Christmas this year!"
"what?"
Laura is furious~
She stood up suddenly, wanting to go find that boy David who was thinking about beautiful things, and have a good chat about life. .
Lilith forcibly held Laura who was about to jump up, and quickly continued: "He held my hand in front of your father and said this to me."
"what?"
Laura’s eyes slowly changed. .Like a copper bell~
Lilith smiled and hugged her again, and said softly: "At that time, Mr. Morgan said that he needed to ask Laura about this~"
"what?"
A turning point?
A forced turn?
"Dad, what do you mean by what he said~"
Laura, whose mind was a little confused, no longer understood what Lilith said~
Lilith held Laura's head and gently held her in her arms: "Don't worry~ It's coming soon~"
"We... are about to see it!"
Lilith's voice and embrace helped Laura slowly calm down.
She somewhat understood what Lilith meant when she said: Almost~. .
The two of them hugged each other quietly like this, slowly softening into the sofa.
----
top layer.
When David saw that old Morgan had stopped laughing, he spread his hands and said, "We are off topic~"
"Just now I was talking about Nyrente Ramon, but..."
"Haha~ It's not too serious to go off topic~"
"Nelent Ramon is my choice to succeed Morgan Stanley as president!"
"what?"
"Is he going to take over Stanley?"
"Yes~"
"He will be the information link between Stanley's decision-making and executive levels."
"Stanley has developed to this day, and its business has slowly begun to become global."
"Its internal information exchange is becoming increasingly complex, and due to its management model, it has begun to be unable to keep up with the company's development pace!"
"This is my attempt and a change in Stanley's management structure."
"Nelent Ramon will participate in decision-making and execution and act as a lubricant between the board of directors and Stanley's senior and middle managers!"
After listening to Old Morgan's explanation, David understood. .This is the original. . Where is the CEO?
CEO!
A top executive in a company who is responsible for daily affairs and is in charge of the company's administrative affairs. .
Old Morgan observed the expression on David's face and found nothing unexpected on his face, and was a little surprised.
He continued: "Now the financial markets in the United States and Wall Street are becoming increasingly mature."
"If Stanley wants to develop transnational global business expansion, it needs a more mature and faster management model."
"The emergence of Nylent will bring a new wave of development and changes to Stanley's management."
"I have talked with him. His main responsibilities and rights after taking office are: to appoint and remove staff below the general manager at will; to implement the resolutions of the board of directors; to preside over and smoothen the company's daily business activities; after being authorized by the board of directors, You can sign contracts with external parties, or handle some unexpected business situations on behalf of Stanley!"
David knew that Morgan Sr. wanted to make the best arrangement he could think of for Stanley while he was still able to control the situation.
"Then...Does Stanley currently...have any objections to Nerrent Ramon taking office?"
"Haha~ The one who manages Stanley now is Nylent's father!"
"I understand~! Nylent will also join the board of directors, right?"
"That's right~"
"Old Ramon will slowly hand over the power in his hands. Nylent has already accepted our test, and he should be able to become Stanley's best helmsman!"
"Helmsman? Then...where are the captain and first mate? You already have someone chosen?"
"No, not yet~"
"I haven't thought about the choice of captain, I'm thinking... setting up a strategic decision-making team!"
"It will be an institution that plays an important role in Stanley's future development decisions."
“It’s considered an independent institution~”
"The constraints on Nylent's future decisions will not come from the board of directors, but from this strategic decision-making team."
"This strategic decision-making team is the main authority to support or deny Nyrent's decision-making in Stanley's business."
"As I said just now, Stanley's share structure is very complicated. The former Stanley board of directors has become..."
Old Morgan spread his hands and said that the board of directors was in such a mess that he didn’t even know where to start~
"So, you have a plan to let Nyrent join the board of directors, become management, and take over business decision-making?"
"That's right~"
"Change should have started long ago~"
"Nelent Ramon is the best candidate I can find right now!"
Old Morgan looked at David and became a little confused. .Makes David mad.
"David, I want you to join this strategic decision-making team and be a... consultant! What do you think?"
"Me? As a consultant?"
"No no no~ no way!"
"What? Are you afraid that I can't pay you?"
"No~"
David shook his head repeatedly and said: "You just said that the most important thing is to know yourself!"
"I never thought I'd be a Stanley."
"No~David, don't refuse in a hurry~"
Old Morgan waved his hand and interrupted David: "Let's... make a bet!"
"If this oil crisis you predicted will happen, you will join!"
"On the other hand, if your prediction is wrong..."
Old Morgan spread his hands and shrugged: "You join us too!"
"what?"
David looked at Old Morgan in confusion: "Why did I join?"
"Haha~ Since the prediction has been wrong, don't you want to help us make back our losses?"
Emm. .
this. .It’s a series of tricks~
The prediction was correct, which proved that David had a sharp vision and was able to cut through the fog and find the most likely important events with limited information. .
The prediction was wrong and it proved David. .It brought huge losses to Stanley, and as an ally, he needed to help Stanley earn back this loss. .
No matter how you calculate it, old Morgan, this old man, will tie David up. .Stanley above. .
This. .
David scratched his head. .
like. .When he first met Giles, he boasted that if the prediction of the oil crisis failed, he could work for the Morgan family. .To recover the losses. .
Could it be that old Morgan knew about this and was waiting for David here today?
fxxx!
The consequences of bragging!
Last night, David was still talking to Princeton University President Guy Luther, saying that he would not fully join the Morgan family. .
how. .Has it become like this now?
Seeing that the expression on David's face was constantly changing, Old Morgan continued to add, "I can double your company's mortgage loan for you!"
"If you are willing to join, Stanley will give you an annual salary of one million yuan every year, plus a 2% equity dividend!"
David frowned: "This... is not about money!"
Old Morgan raised his eyebrows and touched his beard: "That Odis Parker you have met, I can help you and make him the most trustworthy person around you!"
David's brows furrowed deeper: "Do you know him?"
"Of course~"
"If he hadn't been so ostentatious and flamboyant on Wall Street... I might have put him on the list of key candidates..."
Listen~
Listen to old Morgan's tone~
Also the point. .List~
David opened his mouth, shook his head and said nothing.
Old Morgan raised the corner of his mouth and continued: "Da Company! I can assure you here that as long as I am alive, the Morgan family will be Da Company's most loyal allies!"
David frowned and looked directly at Old Morgan without speaking.
Old Morgan looked at the silent David, slowly put away his smile, and sighed: "I didn't mean to tie you up~"
"I told you all my thoughts today, just to bet on a future for the family!"
David remained silent and continued to look at old Morgan.
"Panaris and Elder, I'll start a hedge fund for them."
"They will receive investment from some of the pension funds and some investment funds that have entered the market within a few years."
"Giles and Pine..."
"I hope Giles can find something that interests him and live a life that he likes."
"Pine... I will ask him what he wants, and if he is willing, I will arrange for him to join this Stanley decision-making team!"
"And... Cheryl and Grace, Laura and Lilith..."
"They...as girls, no matter what they want to do, their mother and I will support them!"
Old Morgan did not look at David again. He lowered his head and unbuttoned the two buttons on his collar, as if he wanted to feel more relaxed.
"In my entire life, I have never done anything adventurous..."
"Probably...the riskiest thing I have done is marrying my wife, Neriya!"
"When I met Nariya, my family had already made an engagement for me and another girl."
"I... and Nariya fell in love in a very short period of time."
"The two of us have gone through many twists and turns, and finally fulfilled the promise we made and lived together."
"Nariya and I are old."
"This world has begun to become a little difficult for us to understand!"
"David, in every era, there will be some outstanding figures like JP Morgan!"
"Like old John Rockefeller."
"Like Bloomer's dad, Walton Sr."
"Like President Roosevelt."
"Like... you! David Coleman!"
"I have been chasing the shadow of JP Morgan my whole life."
"He...has a wealthy family, which can serve as a backing for him to show off his talents."
"When he wanted to buy that shipment of coffee beans, without the help of his father Junius, Duncan & Co. would never have agreed to J.P. Morgan's risky transaction."
"It's impossible for him to successfully earn the first pot of gold in his life!"
"You have found for yourself the Sidrich family as the financial backing to start your business."
"You persuaded old Malkin Sidrich to use his retirement money to establish da company!"
"You also became friends with Giles and Pine~"
"I persuaded them to invest in the company, and with the limited information at hand, I told them some of your predictions for the future."
"Now, they've all been proven, you were right!"
"David!"
"I can tell you very clearly that when JP Morgan was 21 years old, he was definitely not as good as you are doing now!"
"I see too many futures and too many possibilities in you!"
"If I bind you to the Morgan family~"
"That will cut off your wings to fly!"
"I never thought of doing that!"
Old Morgan touched the notebook and whispered: "JP Morgan once said: There is a kind of bird that cannot be caged!"
"His feathers are stained with the radiance of the sun!"
"He...also said: Capital is more important than money, but the most important thing is character!"
"You can create a big company for the Sidrich family."
"You...were able to stand in front of me just now and block Lilith behind me."
"Perhaps you are the luckiest gamble in my life!"
"Perhaps, you may be the least adventurous person in my life...try~!"
"You told Giles that you would always be friends~!"
"You told Panaris that you would be our family's forever friend~!"
"You told Laura and Lilith that you would always stand in front of them!"
"Now, David!"
"Whether you leave your name in this notebook or not, it doesn't actually matter!"
"I, Sirrod Pierpont Morgan, also want your friendship!"
"This has nothing to do with the Morgan family!"
"It has nothing to do with any business or transaction!"
"I just saw a glimpse of the shadow in you that I have been chasing all my life!"
"I want to see you spread your wings and fly!"
"I want to see you become...what I once dreamed of being!"
Old Morgan shook his head slightly: "Some people say that in the Morgan family, since JP Morgan, no one will be able to recreate the scene of having 167 directors stand together."
In David's mind, the scene that Old Morgan told him felt a bit weird.
JP Morgan himself represents an era of great change in the financial market in the United States!
167 directors all chose to stand by JP Morgan, maybe not entirely because of money.
but. .
Without money, who would choose to stand by his side?
Is this a dialectical contradiction thesis?
He took a deep breath: "I am not J.P. Morgan."
"I never thought about going...to be the second him!"
Old Morgan looked at him calmly, smiled and said, "Yes!"
"You're David Coleman!"
"Now you are busy chasing money."
"But after you got them, you chose to help all the people around you who were in need."
Emm. .
David felt that these two sentences from old Morgan were true. .Nothing wrong!
----
Blue Crystal Hotel, first floor.
Seamus Norton.
Giles's uncle, brother of Neria Norton Morgan, the elder Morgan's wife, and the loudest voice of the Cleveland consortium, got out of the car and walked into the lobby of the Blue Crystal Hotel.
Nylent Ramon, who was already waiting here, greeted Seamus with a smile: "Hello Mr. Norton!"
"Haha~ We meet again, Nylent~ Where is old Morgan?"
"He's on the top floor, chatting with Mr. David Coleman!"
"Oh?"
Seamus' smile became even happier. He turned around and whispered a few instructions to the people following him, and then walked into the elevator under the guidance of Nellent.
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