Chapter 1296: Debt Crisis, Unexpected Transaction

Is GE just a pariah, and a pariah being used to please others? If such a sentence comes from someone else's mouth, nine out of ten it is a joke. But if such words were spoken by someone with Morgan's background, it would not be ridiculous at all.

He knew very well what kind of behemoth the Morgan consortium was. Perhaps in the eyes of others, General Electric will be an out-and-out giant enterprise and a vital industrial force of a country. But for the Morgan consortium, GE is not irreplaceable. It's important, but it's not the only one. It's not out of the question to give it up, if that's necessary.

Now old Morgan has shown him such a necessity, and facing his statement, the major shareholder can only stand up in resentment, throw his sleeves and leave after saying a word.

"You will regret it, you will regret it!"

"Regret?" Looking at his leaving back, Old Morgan smiled and narrowed his eyes. He didn't say some words, but kept them in his heart. But now, when he was the only one left in this study room, he naturally began to whisper to himself. "This is a question I've always wanted to ask. Have you ever regretted Morgan becoming what he is today? No, of course you won't regret it. You have taken too many things from Morgan. And now, it is finally time for you to repay all of this. Morgan, after all, belongs to Morgan. Get some interest first, and we will calculate the principal slowly!"

Old Morgan has experienced the ups and downs of the Morgan family, so of course he has his own calculations in mind. It's a pity that the major shareholders of General Electric don't know this. Now he is completely immersed in the crisis he is facing, and he has no time to care about others, so he naturally has no time to guess other people's thoughts.

Angrily, he returned to his home, and the major shareholder began to hastily count the assets in his hands. He needs to know how much money he has that can be used and how much property he can sell. The reason for doing this is because he knows it well. Once General Electric can't survive, then he will almost go bankrupt.

He, who invested almost all of his funds in the company's projects, is definitely the one who suffered the most losses among all shareholders. When those projects died with GE's changes, he would be completely broke. Not only will he lose everything, but he will even owe a lot of money to the bank.

Capitalists are used to using banks to borrow chickens to lay eggs. It is a shame for them to keep money in their own hands. Of course, this is the correct behavior in the vast majority of cases. After all, currency will depreciate due to inflation, but investment will not. However, when the capitalist's investment encounters a fatal blow, their clever behavior will immediately turn into a life-threatening curse, directly driving them into the abyss of eternal doom.

The major shareholder is like this. He mortgaged his shares and various assets to the bank.

Borrowed a huge amount of money to invest in several of GE's most advantageous projects in the next two decades. It can be said that if everything develops normally, these projects will bring him huge economic benefits, and maybe even double his net worth.

However, what happened in the stock market changed everything. His stock was falling in value so fast that he owed the bank a lot of money without even knowing it. If those projects are still in operation, then maybe the bank can give him some face and delay him to raise funds to pay back the money.

However, when the bank knows that those projects have died, it is almost impossible to generate benefits for him. I'm afraid they're going to turn against him at once.

There have never been many people in this world who have been forced to death by banks, and the rich are the best among them. It is almost impossible for the major shareholder to repay this huge debt. He has almost seen his end, and the assets in his hands are not enough for him to repay his debts, so in the end he was not kicked out, wandering and begging. Just jump off the Golden Gate Bridge, and it's done.

This is not a situation he can accept. In fact, it is impossible for anyone to accept it calmly when faced with such a situation. So it is understandable that his mood began to become irritable and impermanent.

From time to time, the sound of him beating and cursing could be heard in the study room, and that kind of upbringing that was completely different from his usual upbringing made the servants in the whole mansion become cautious. They didn't know what happened, but they knew that they were in the middle of the wind and waves at this time. If you are not careful, it is likely to attract the anger of the owner of the house. Therefore, they had a very tacit understanding and chose to avoid their violent master at this time.

Of course, not everyone does this. For example, the old housekeeper in this family, he would not do this. Having served his master for many years, he knows his master very well, and he knows that he must be in trouble now, and in this case, maybe the call he just received can tell his master help. So knowing that now is not a good time to show his face, he knocked on the door tremblingly and said to the major shareholder.

"Sir, here's a call, I think you should listen to it."

"Get out, I'm not in the mood to talk to these guys who don't know where they came from. Also, don't bother me again. Otherwise, I don't mind letting you get out of this house immediately!"

The major shareholder yelled and cursed, and did not save the slightest bit of face for the old butler who had served him for more than ten years. This made the old butler turn pale, but he still dutifully said to the master he served.

"Sir, the call is from Mr. Harry Osborne, the chairman of the Osborne Group, and he said that he has something important to talk to you about. I think this should be of some help to your current predicament. Help. So..."

Hearing Harry's name, the major shareholder finally regained a bit of sanity. He took a breath and waved his old butler to go down. Then he hastily picked up the microphone on the desk and hurriedly called back.

Although he didn't know what Harry Osborn meant by calling him at this time, he knew very well that this might be the only turning point he could meet. No matter what it was for, he had no reason to let go of such an opportunity. Therefore, he had to call back this call.

After two beeps, a young man's voice came from the other end of the phone. Upon hearing this voice, the major shareholder immediately asked anxiously, even flatteringly.

"Is it Mr. Harry Osborne? I'm Bob Jones, the chairman of General Electric. Did you contact me just now for something?"

"Mr. Jones? Yes, I was the one who called you just now. I hear you're in some serious trouble?"

When he got the call, Harry had a smile on his face that a hunter would have when he watched his prey slip into a trap. This put him in a good mood, and at the same time he started to ask questions unhurriedly.

"Just call me Bob. Yes, Mr. Osborne. To tell you the truth, I did encounter some troubles. But I don't understand. Does it have anything to do with you looking for me? There should be no relationship between us." There are too many intersections, and we may even say that we have never met."

Although he regarded Harry as his hope for survival, the major shareholder did not let go of his vigilance. He answered cautiously, in a way that immediately made Harry laugh.

"Sorry, Bob. Let's get straight to the point. I already know about the stock market, and I also know that General Electric doesn't have much ability to pass this severe test. Neither the government nor the consortium will It will help you too much. Because your opponent is someone they don't want to offend now. In other words, you have been given up, haven't you?"

Nakedly uncovering the scars of the major shareholder, this made him feel uncomfortable. And what embarrassed him the most was that the words came from Harry, a young man whose eyes hadn't even grown out. You know, before this, he never thought that Harry could have the qualifications to be equal to himself. It would be more or less the same if his father was here. And now, just because he inherited his father's inheritance, this brat dared to say such things in front of him. This made him feel uncomfortable immediately.

However, despite feeling uncomfortable, the major shareholder still has no plans to turn against Harry. He took a few deep breaths, suppressing the resentment in his heart. Then he spoke to Harry as calmly as possible.

"That's right. But I don't understand what it has to do with you. Mr. Osborne, you didn't call to talk nonsense with me, did you?"

"You're right, I really didn't want to talk nonsense to you."

Nodding his head, Harry straight to the point and said to the major shareholder.

"I'll tell you the truth, Bob. I've seen what's going on in the stock market. And right now, I've got a lot of cash in my hand. So you know what I mean? "

"You want to give GE a hand?"

Upon hearing this, the major shareholders were a little surprised. He had ignored what Harry had said about the problem of foresight, and was delighted to think he had met a good man. Unfortunately, Harry didn't think so.

"Are you kidding me? Why should I help General Electric? Can General Electric like this do me any good?"

"Then what do you mean?" The big shareholder, who was straight up and down in his heart, had no patience at this time, he frowned, and asked a little unhappy. Facing his question, Harry just answered with a smile.

"It's very simple, Bob. Although I don't want to help General Electric, I am willing to help you. I know that you hold shares in General Electric, and I also know the debt crisis you are facing now. In a word, one Ten billion. All the shares will be transferred to me, and I will help you tide over this difficulty. How about it? Are you willing to make this deal with me?"