Chapter 1507 Wall Street Shock 2

The investment bank Goldman Sachs knew the news and held a meeting to discuss it; the Morgan family certainly did not lag behind. Although he knew about the feud between Old Morgan and Bao Zixuan, if he didn't report it, it would be a serious dereliction of duty on his part. Therefore, William Morgan finished reporting the situation; Old Morgan decided to hold an internal family meeting.

Even if JP Morgan Bank is divided, let alone 3 shares, it will be divided into 30 shares; the controlling rights will still be in the hands of the Morgan family. In this regard, American wealthy people have firmly controlled the company through a series of complex means such as cross-shareholding. Even though the Rockefeller family's Standard Oil Company is divided into 37 companies, the largest shareholder of each company is still the Rockefeller family. For these routines, people are very familiar with it.

Regarding Bao Zixuan, Old Morgan felt very complicated. If I hadn't been stubborn back then, the Morgan family might not be what it is now. But he has no regrets. Although the young man is extremely capable, he is also a perfect match for his daughter. But if the two families combine, it will definitely make the whole world fearful. If they are not careful, they will lead the Morgan family into an abyss.

Therefore, he can't afford to gamble. After all, no one can guarantee what the future will be like; as for the complex human heart, he dare not easily pry into it. Even if my daughter doesn't understand, she still has to do this.

But as the patriarch of the Morgan family, no one knows the current situation on Wall Street better than him. With highly leveraged buyouts and junk bonds running rampant, something will happen sooner or later. But both JP Morgan Bank and Morgan Stanley need projects to expand their territory. If you wait here and wait, the family will eventually decline.

Contradictions are contradictions, and business is business. The two must not be confused. Moreover, if Bao Zixuan really did not want the Morgan family to participate, he would not have said that he wanted to establish a securities trading market in Fucairah in front of that boy William Morgan. To put it bluntly, he wanted the Morgan family to beg him or go find him themselves.

Old Morgan has been in the world for so many years and has never seen anything. I am no longer surprised by these things. But I still want to see what other family members think first, and most importantly what my son’s opinions are. Everyone said that my son had grown up recently, and I wanted to know what was going on.

Old Morgan convened a meeting of core family members, and no one dared to be absent without reason. After all, this was the absolute authority of the Morgan family. Unless they wanted to leave the Morgan family or leave Wall Street, no one had the guts.

His daughter didn't give him face today and hasn't come back for several months. I heard that I am currently not in the United States, and I went to Hawaii to explore the market. Old Morgan didn't insist on where he wanted to build a transfer station. And he was also worried that it would be bad if his daughter came back, after all, Bao Zixuan was involved. There is also a woman from Fucaira, her daughter will definitely be sad after hearing this. If they get carried away and call Bao Zixuan to leak the secret, the Morgan family will definitely be very passive.

When the housekeeper came to report that the core members of the family had arrived, Old Morgan came from the room to the conference room. With his status, he must not wait for them. This is the rule.

Seeing old Morgan arriving, everyone stood up; including his own son. Now is a family meeting, and the authority of the patriarch must be maintained.

After Old Morgan sat down, he motioned for everyone to sit down. Others sat down one after another, but they only dared to sit down after seeing little Morgan sit down.

With a gesture, William Morgan immediately understood what it meant. It was asking him to report first. But he didn’t dare to delay, so he sorted out his thoughts and began to say: “On the day Microsoft went public, I was in the Nasdaq exchange room with Bao Zixuan of Black Cloud Group and Bruce Bowles of Goldman Sachs; during this period, Bao Zixuan proposed that he We want to establish a stock trading market in Fujairah. I asked Goldman Sachs if they wanted to participate, but when I mentioned that Morgan Stanley was also interested, the other party was very indifferent. It sounded like they didn’t want to cooperate with Morgan Stanley. .”

"As for the reason, there should be no need to introduce it. But I think the other party is probably performing it for me; if they really don't want to cooperate with Morgan Stanley, or they don't want us to participate. There is no need to say this in front of me, Regarding Bao Zixuan’s appointment, Bruce Bowles will never refuse.”

"Even if time is tight, I can definitely find time for such a major project. I just want Morgan Stanley to take the initiative to find him and then sell it at a price."

Old Morgan: "William has made the matter very clear. What is everyone's opinion?"

At this time, everyone turned their attention to little Morgan, meaning you should speak first; otherwise we would not dare to express our opinions randomly.

Those who can come to attend the meeting belong to the elite of the Morgan family; if you can't even understand such a superficial truth, then simply don't stay in the family. Everyone is afraid of saying something wrong, which is a very dangerous thing. No one could guess what old Morgan was thinking, so everyone wanted to get some useful information from young Morgan.

Although he didn't want to be the first to speak, it could be seen from everyone's eyes that he wanted to speak first. Little Morgan is not stupid. Of course he knows what the family members are like, so he doesn't have any good intentions in his heart. Then he definitely couldn't be the first person because of his previous mistakes; at this time, he had already understood everything clearly.

I don't want others to take advantage of me, especially myself.

But everyone is looking at you. As the heir of the family, you can't say nothing, so little Morgan said very formally: "I just heard about this matter. William met Bao Zixuan; he is also responsible for the investment banking business. , we still listen to his professional opinions.”

At this time, William Morgan also felt guilty. When did little Morgan respect him so much. It seems that people are all out for their own interests. This kid is really mature.

Maybe ignore what little Morgan said. But William Morgan didn't dare to remain indifferent to Old Morgan's irresistible look. Then he said: "Bao Zixuan definitely hopes that the Morgan family will participate. First of all, the project is huge. It requires a lot of funds and resources. Goldman Sachs alone will definitely not be able to handle it."

"Bao Zixuan just hopes that Morgan Stanley will come to him, so he said this in front of me. But I feel that for business, we can make profits. None of this is a problem, not all customers will take the initiative to find us .As an investment bank, we should invest wherever there is profit margin; wherever we can make money, we should invest.”

"As for the so-called contradiction, there is no need to think too much about it."

"Palmerston once said that the British Empire has neither eternal allies nor eternal enemies, only eternal interests. This sentence is basically applicable in any field. Therefore, my opinion is to take the initiative, at least not let Goldman Sachs Eat alone.”

In fact, Goldman Sachs alone will definitely not be able to handle it. But if Goldman Sachs joins forces with several other investment banks, Morgan Stanley will become passive.

It can be said that William Morgan's analysis is still very reasonable. But now the decision-making power is not in his hands; at most he can make a suggestion, and whether to implement it or not depends on what old Morgan means.

When it comes to Bao Zixuan, we definitely can't treat it like other customers.

If someone expresses an opinion, then there won't be much problem with Morgan Jr.'s speech. You could say you didn’t know before, but you definitely can’t now; and even if you say it, no one will believe it.

Morgan Jr.: "Business is business, and conflicts are conflicts; they must not be confused. And even if the two companies conflict in the future, as long as they can intervene in advance, it will be equivalent to laying a landmine in the Fucaira stock market."

"If we talk about the technology field, the Morgan family may not be as good as Heiyun Group. But in the financial industry, Bao Zixuan is definitely not our opponent. We suffered losses before because we underestimated our opponents. And we are still fighting at the opponent's home court. If the next If I had the chance again, I would never let him feel that bad."

At this time, other members of the family said: "We should cooperate and not let the opportunity pass by." After hearing this, Old Morgan thought for a moment and said: "Since you all think that the Morgan family should not give up, then let William Morgan go to deal with Bao Zixuan."

"The Morgan family has not yet declined. We are still the King of Wall Street. Therefore, there is no need to be humble. Cooperation must be based on fairness."

To this day, Old Morgan still refuses to let go of his arrogance; but that’s normal when you think about it. As the patriarch of the Morgan family, you must have your own pride. If you are not tough, everyone in the family will definitely not be convinced.