1052 Some people are born opponents
This world is very realistic. If Morgan could have been like Li Changheng's two and a half years since he joined Citi, he would not only lead Citi to rise from a market value of 6.3 billion to 18 billion now, but also help core industries such as Boon and Grumman make a big profit.
Then most of the shareholders within Morgan Stanley will definitely support him, and some even wish to kneel at his feet.
A small number of competitors who have been competing for the rights of the consortium with Morgan can only stop and worry about being kicked out of the rights center by Morgan.
Thinking of this, Morgan asked tentatively, "Henry, is it possible for us to cooperate?"
When Li Changheng heard this, he immediately rolled his eyes, "I can work with Morgan Stanley, but we both faced each other a few times from time to time, which was actually good for us."
It's Morgan's turn to roll his eyes.
This is clear and true. Morgan is actually worried about the antitrust law. After all, Rockefeller was dismembered before, and now Morgan Stanley has another 300 billion yuan in assets, which accounts for 11% of the total market value of the stock market.
This proportion is very small compared to the future Morgan Stanley 25%, and the red polar bear is still there at this time, to some extent, it has curbed the unlimited expansion of capital.
But in this era, that was absolutely unique, and it was also the proportion that all politicians and ordinary people were worried about.
Unfortunately, the greed of capital is endless. Not to mention ignoring the law, it is still willing to provoke a war.
However, globalization has many benefits, but it also gives capital a reason to plunder the world and provides an excellent current situation.
So Morgan recognized that Lee Changheng needed an enemy and he also needed a competitor to reduce politicians' concerns about Morgan's unlimited expansion.
But Li Changheng cooperated with Morgan Stanley, which was equivalent to taking the initiative to let him reach into the Morgan Stanley, which had never reached into the Morgan Stanley.
At that time, I know whether Li Changheng's influence and power will surpass him, and his opponents within Morgan Stanley.
Conversely, as Li Changheng has more and more shares in Citi, it is foreseeable that he and other Citi shareholders will have less and less binding on him.
In this way, Morgan is suffering from this loss.
"You never thought that in the future, you will become a huge trust than Rockefeller and Morgan?"
Li Changheng laughed, "Don't worry, I plan to retire when I was forty, and no matter how Citi expands, it will at most replace Morgan Stanley and become the number one in market value, but there are still many opponents.
After all, I don’t want to, nor do I have the ability to annex most commercial banks.”
Morgan doesn't have to doubt this, let alone think about it, and you will know that Li Changheng is right. Otherwise, Morgan will not be worried and worried now, but will face the fate of being dismembered like Rockefeller, who almost monopolized the oil field back then.
In the 1980s, after the red polar bear became significantly weaker, the Americans gradually relaxed restrictions on various domestic capitals in order to use globalization to plunder the world's wealth.
The most obvious one is in addition to the financial field, there are Hollywood movies responsible for cultural invasion.
Li Changheng is not worried that the subprime mortgage financial derivatives he released will have huge destructive power just like the future subprime mortgage crisis. The most important thing is that the US government’s restrictions on major commercial banks and investment banks are much stricter than in the future.
Only when Reagan economics occupies the dominance of the United States will major banks expand without limits like wild horses that have been broken.
The so-called Reagan economics summarizes it as reducing tax rates, lowering interest rates, revoking controls on business behavior, expanding military expenditures, and increasing government deficits and government bonds.
The purpose is to curb inflation, but to put it bluntly, it is to relax the control of capital.
Therefore, in the 1970s, the merger between major commercial banks and other industries, the US government was not very strict.
Only after the 1990s did this merger be released little by little.
Morgan, who has been restricted by the times, does not have to worry that Li Changheng will annex other consortiums, because it is not only extremely difficult, but if you really do that, just wait to be watched by the Anti-monopoly Law at all times.
Seeing that Morgan's expression was a little softer, Li Changheng immediately smiled. Citi was far from being able to be cared for and suppressed by politicians at this time. If the consortium was missing, it would definitely usher in an explosion period again.
Then he continued to fool, "No matter how bad it is, the buildings and stores in Hong Kong Island, just me and my children will live an extremely luxurious life.
And I am a hereditary count of England, so no one really dares to kill an earl or a member of the royal family, right?"
Damn it, while Morgan didn't believe that Li Changheng retired at 40, he had to agree with the retreats arranged by Li Changheng.
As long as he really hides in London or Hong Kong Island, he has money and status, and his security will definitely be guaranteed.
Even as long as he is willing to use his wealth and influence and occasionally attract Downing Street, Downing Street will definitely be included in the list that no one can touch.
As long as there is no problem with safety, who can guarantee that he can withstand his revenge?
At that time, the United States will be worried about it, and maybe it will win him over again.
As for whether Citi will touch the antitrust law, seeing that Li Changheng is determined to list himself as an opponent, even if he gets shares in other companies, he has always been in private names rather than Citi, Morgan knew that this guy was very smart and rational.
"Henry, let's cooperate," Morgan said, looking at Li Changheng with a serious expression, "I'm serious."
Li Changheng didn't laugh this time, and he didn't rush to answer, because he heard Morgan's words, but he revealed some sincerity.
Of course, this sincerity may be just because I have no choice but to have the idea of benefiting both sides.
Holding the golf club and thinking for a while, Li Changheng soon realized that he was unwilling to fight with Damora in his heart, and even treated him as a competitor, which was of no benefit to his development.
But just like the problem that I had thought of before and could not solve, it was really difficult for me to cooperate with Morgan Stanley.
Or in other words, no consortium can cooperate happily with Morgan Stanley.
The Blue Giant has been the leader in the computer field now and for the next twenty years.
For its own benefit, it is bound to suppress any new rise and potentially challenge it to computer companies.
Citigroup and Morgan Stanley have too many overlapping businesses in the financial field and are born to be competitors.
If I enter the mobile communications industry in the future, I will be a rival to Morgan Stanley International Telephone, Telephone Company, American Telephone Company, and Telephone Company.
Chapter completed!