Chapter 156
"No, you can't do that." In San Francisco, at Wells Fargo's headquarters, shareholders gather and roar at the people in the audience.
"Of course I can. My boss now holds 52.5% of the shares of Fumin bank and has settled down on Wall Street. The decision to reopen will not change."
Ben, who has been a think tank for many days, is sitting at the head of the meeting room and politely smiles to inform shareholders of this sudden news.
"We have a lot of depositors in San Francisco. What should these people do?" One shareholder protested.
The interstate banking bill has not changed. If they want to get a foothold on Wall Street in New York, they have to close down.
"The branches will be closed and temporarily closed, informing all customers that they can choose to take their money or wait for Wells Fargo to open."
as like as two peas, the answers given are exactly the same as they guess.
"Their family, career and life are all here. Do you want them to go to New York every time they withdraw money?" One shareholder clenched his teeth and banged his fist on the table.
"I said, they can take their own money." Ben kept smiling.
"I will not agree with such a ridiculous decision. I will protest to the Federal Reserve that you are destroying this bank and our efforts."
The Fargo family, the founder of Wells Fargo, the first largest shareholder of Wells Fargo, the third generation of William Fargo, yelled with a blush.
"This resolution will not change. As for Mr. Fargo, what you want to do is your freedom."
Ben shrunk his smile, stood up and closed the document without delay. His eyes were wry: "I also want to inform you that Wells Fargo will receive a capital injection of up to $1 billion. I hope you have enough money in your pocket to keep your existing shares."
The think tank's acquisition of Wells Fargo began when Li Zitao and Juliana started negotiations.
Wells Fargo's share price plummeted to 80 cents, and at a time when no one was going to touch the banking industry, shareholders were relieved to let a large number of shares remain in the market.
So the think tank spent a week quietly absorbing 45% of its shares without attracting anyone's attention.
Then he opened his mouth and swallowed 7% of the shares in one fell swoop.
By the time Wells Fargo's board reacted, he already had 52.5 percent of the shares.
After Ben left with his bodyguard, shareholders in the meeting room were limp in their seats, thinking about the future.
With $1 billion of capital injection, Wells Fargo's current market value is less than 20 million, which clearly does not give them a way to survive!
With such a huge capital injection, how many shares can they keep? 0.05 percent, or 0.1 percent?
……
Money, money, after all the details have been finalized in New York, Li Zitao should worry about money.
He doesn't have $400 million in capital reserves. There is only one way he can think of now, which is to pledge shares for loans.
"Aiken, I bring you a big business." The first thing li Zitao did when he returned to Chicago was to invite Aiken to dinner.
“……” When he knew that Li Zitao wanted to borrow $400 million, Aiken almost dropped his fork on the table.
"What are you going to do?"
Aiken's first reaction is that Li Zitao is going to run away.
In this situation, what kind of business can use 400 million dollars? Is he going west to buy Los Angeles?
Li Zitao's favor for Los Angeles is clear to anyone who pays attention to him.
"Investment banking, insurance and wealth management, I'm going to be on Wall Street!" Li Zitao said it easily, but he could not help but smile bitterly on his face.
It sounds very simple to settle down on Wall Street. Rent a building, set up an office, and then recruit talents to open a business.
But if things are really so simple, Li Zitao really wants to thank God.
"Ha ha..." If Aiken had watched the live broadcast, he would have to call six, six, six
Wall Street is the counter scale of Morgan and the private plot of Morgan group. They never allow anyone to touch it.
As the eight major consortia, if they want to get involved, they should form cross holding with Morgan and let each other share a share.
Who gave you the courage to do this? Is her surname liang?
"What are you going to use as collateral? Blue and white chamber of Commerce Or aegis? " Speaking of the last name, Aiken's pupils lit up.
The golden Arch Li Zitao directly dispelled his imagination.
Blue and white chamber of Commerce? Aegis?
Do you have such a good appetite?
"The details will be jointly Think tanks are here to talk to you. " Li wanted to talk about United Bank.
However, considering that the United Bank, which is now in suspension, is a mere empty shell. Li Zitao feels that it is more comfortable to give it to the think tank."Of course." Aiken nodded with regret.
He is more interested in aegis than in golden arch, or all consortia are interested in aegis.
According to the information collected by the think tank, four consortia, including the Chicago consortium, are forming their own armed forces.
Of course, their actions are more secretive, and they put the subject abroad.
It is also a burden for them to have a big family and great career and a great reputation.
Li Zitao started with the aegis Bureau and started a private security industry with the support of the military.
In addition, he is a Chinese. Most people treat him as if they are looking at "foreign enterprises." they are wary, so they have little influence on him.
These giants are different. They are the national enterprises recognized by the people, the participants and witnesses of the growth and rise of the United States, and the pride of the people.
"What you represent is the country. What do you want to do now that you suddenly want to engage in private armed forces?" Rumors stop with wise men, but wise men are not one of them.
99% of the people in the world are ordinary people, so this nonsense can be ignored basically. The big events caused by rumors have never been reduced.
The bigger the enterprise is, the higher the status is, and the more attention is paid to every move.
If the public knew that the consortia were engaging in armed forces, the first thing they would think of would be "another war."
The civil war, the Mexican American war, the first World War, the Spanish American war, although the United States has become strong and prosperous, but for ordinary families, these experiences are not pleasant at all.
No matter which nation or country in this world, the beneficiaries of war will only be the country as a whole and that small group of people.
For ordinary people, the war represents only death and death and cruel wails.
"I agree with this loan, but one thing is that it should be kept confidential." At the end of the conversation, Aiken makes a little request.
"That's what I want to say." Li also doesn't want people to know that he is short of money.
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"Of course I can. My boss now holds 52.5% of the shares of Fumin bank and has settled down on Wall Street. The decision to reopen will not change."
Ben, who has been a think tank for many days, is sitting at the head of the meeting room and politely smiles to inform shareholders of this sudden news.
"We have a lot of depositors in San Francisco. What should these people do?" One shareholder protested.
The interstate banking bill has not changed. If they want to get a foothold on Wall Street in New York, they have to close down.
"The branches will be closed and temporarily closed, informing all customers that they can choose to take their money or wait for Wells Fargo to open."
as like as two peas, the answers given are exactly the same as they guess.
"Their family, career and life are all here. Do you want them to go to New York every time they withdraw money?" One shareholder clenched his teeth and banged his fist on the table.
"I said, they can take their own money." Ben kept smiling.
"I will not agree with such a ridiculous decision. I will protest to the Federal Reserve that you are destroying this bank and our efforts."
The Fargo family, the founder of Wells Fargo, the first largest shareholder of Wells Fargo, the third generation of William Fargo, yelled with a blush.
"This resolution will not change. As for Mr. Fargo, what you want to do is your freedom."
Ben shrunk his smile, stood up and closed the document without delay. His eyes were wry: "I also want to inform you that Wells Fargo will receive a capital injection of up to $1 billion. I hope you have enough money in your pocket to keep your existing shares."
The think tank's acquisition of Wells Fargo began when Li Zitao and Juliana started negotiations.
Wells Fargo's share price plummeted to 80 cents, and at a time when no one was going to touch the banking industry, shareholders were relieved to let a large number of shares remain in the market.
So the think tank spent a week quietly absorbing 45% of its shares without attracting anyone's attention.
Then he opened his mouth and swallowed 7% of the shares in one fell swoop.
By the time Wells Fargo's board reacted, he already had 52.5 percent of the shares.
After Ben left with his bodyguard, shareholders in the meeting room were limp in their seats, thinking about the future.
With $1 billion of capital injection, Wells Fargo's current market value is less than 20 million, which clearly does not give them a way to survive!
With such a huge capital injection, how many shares can they keep? 0.05 percent, or 0.1 percent?
……
Money, money, after all the details have been finalized in New York, Li Zitao should worry about money.
He doesn't have $400 million in capital reserves. There is only one way he can think of now, which is to pledge shares for loans.
"Aiken, I bring you a big business." The first thing li Zitao did when he returned to Chicago was to invite Aiken to dinner.
“……” When he knew that Li Zitao wanted to borrow $400 million, Aiken almost dropped his fork on the table.
"What are you going to do?"
Aiken's first reaction is that Li Zitao is going to run away.
In this situation, what kind of business can use 400 million dollars? Is he going west to buy Los Angeles?
Li Zitao's favor for Los Angeles is clear to anyone who pays attention to him.
"Investment banking, insurance and wealth management, I'm going to be on Wall Street!" Li Zitao said it easily, but he could not help but smile bitterly on his face.
It sounds very simple to settle down on Wall Street. Rent a building, set up an office, and then recruit talents to open a business.
But if things are really so simple, Li Zitao really wants to thank God.
"Ha ha..." If Aiken had watched the live broadcast, he would have to call six, six, six
Wall Street is the counter scale of Morgan and the private plot of Morgan group. They never allow anyone to touch it.
As the eight major consortia, if they want to get involved, they should form cross holding with Morgan and let each other share a share.
Who gave you the courage to do this? Is her surname liang?
"What are you going to use as collateral? Blue and white chamber of Commerce Or aegis? " Speaking of the last name, Aiken's pupils lit up.
The golden Arch Li Zitao directly dispelled his imagination.
Blue and white chamber of Commerce? Aegis?
Do you have such a good appetite?
"The details will be jointly Think tanks are here to talk to you. " Li wanted to talk about United Bank.
However, considering that the United Bank, which is now in suspension, is a mere empty shell. Li Zitao feels that it is more comfortable to give it to the think tank."Of course." Aiken nodded with regret.
He is more interested in aegis than in golden arch, or all consortia are interested in aegis.
According to the information collected by the think tank, four consortia, including the Chicago consortium, are forming their own armed forces.
Of course, their actions are more secretive, and they put the subject abroad.
It is also a burden for them to have a big family and great career and a great reputation.
Li Zitao started with the aegis Bureau and started a private security industry with the support of the military.
In addition, he is a Chinese. Most people treat him as if they are looking at "foreign enterprises." they are wary, so they have little influence on him.
These giants are different. They are the national enterprises recognized by the people, the participants and witnesses of the growth and rise of the United States, and the pride of the people.
"What you represent is the country. What do you want to do now that you suddenly want to engage in private armed forces?" Rumors stop with wise men, but wise men are not one of them.
99% of the people in the world are ordinary people, so this nonsense can be ignored basically. The big events caused by rumors have never been reduced.
The bigger the enterprise is, the higher the status is, and the more attention is paid to every move.
If the public knew that the consortia were engaging in armed forces, the first thing they would think of would be "another war."
The civil war, the Mexican American war, the first World War, the Spanish American war, although the United States has become strong and prosperous, but for ordinary families, these experiences are not pleasant at all.
No matter which nation or country in this world, the beneficiaries of war will only be the country as a whole and that small group of people.
For ordinary people, the war represents only death and death and cruel wails.
"I agree with this loan, but one thing is that it should be kept confidential." At the end of the conversation, Aiken makes a little request.
"That's what I want to say." Li also doesn't want people to know that he is short of money.
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