Manufacturing Empire in the Valley

Chapter 2304 November Black Swan Event
The reason why the Morgan Consortium agreed this time is because the owner of the Rockefeller Consortium directly released the words: "The Rockefeller Consortium and its allies need a bank of their own to manage their own funds. This is a matter of principle. If the Morgan Consortium does not agree, we will not hesitate. Let's fight you head-on!"

This sentence was followed by a sentence like this: "Don't think that we don't have the courage to think that our previous Patriarch passed away. To tell you the truth, we can't wait to find someone to fight, so that other people can take a good look at our new Patriarchs. Are you worthy of the title!"

This is clearly telling the Morgan Consortium that we have just come to power and need to prove our abilities. At the same time, it is also clearly telling you, don’t bully us just because we are new Patriarchs.

Facing the aggressive momentum of the interest alliance headed by the Rockefeller Foundation, the interest alliance headed by the Morgan Foundation finally agreed to the request made by the other party after careful consideration.

However, the Morgan Consortium is not a soft persimmon. They made it clear that this is the first time this kind of thing has happened, and it will also be the last time. If you want to continue to invade our territory in the future, then we can only choose to fight you to the end.

Rockefeller and others had no idea of ​​invading the financial industry on a large scale. As soon as their goals were achieved, they immediately made a promise to ensure that similar things would not happen again in the future.

So just like that, Citibank became a victim of the confrontation between the two sides.

After learning about the situation, Herman and the others were really desperate, and a group of people went back to their homes and went to their mothers crying in despair.

After two days of meaningless struggle, the Federal Reserve suddenly intervened and asked Citibank to provide information on the operation of funds. Once violations were found, the Fed would punish Citibank's operations.

That was the straw that broke the camel's back, as Citibank issued a statement three hours after the Fed's statement.

This statement is very short, with only three items throughout:

First of all, there is indeed a serious problem in the capital chain of Citibank. As the major shareholder and manager of the bank, Herman and others apologize to the vast number of depositors.

Secondly, Citibank will immediately enter bankruptcy and liquidation procedures, and will try its best to raise funds to make up for the losses of depositors.

Finally, in a socially responsible manner, Citibank hopes that the Federal Reserve will take the lead in introducing new shareholders to the bank, so as to avoid the financial market turmoil caused by the Citibank crisis and never cause losses to the country's economic development.

This statement is incomprehensible to ordinary people, but those who know the inside story can tell it at a glance: Citibank has chosen to fully surrender.

The morning after the statement was released, the Fed appeared again, this time with a president named Walker.

On behalf of Pan American Venture Capital Group, the president of Walker said that Pan American Venture Capital Group is willing to take over the mess of Citibank. Banks are already in negative equity, and they are willing to spend money to stabilize the financial market.

The chairman of the Federal Reserve expressed high appreciation for Pan American Venture Capital Group, praised Pan American Venture Capital Group as a responsible company, and also expressed his willingness to match Citibank and Pan American Venture Capital Group to promote the two parties to reach an acquisition agreement as soon as possible. The expansion of the situation has a huge impact on the country's economy.

So under the urging of the Federal Reserve, it took only two days for Citibank to reach a final agreement with Pan American Venture Capital Group.

According to the terms of this agreement, the original shareholders of Citibank will transfer all their shares to the name of Pan American Venture Capital Group. shareholding ratio, and provide shareholders such as Heman with compensation of no more than 300 billion U.S. dollars.

After the two parties signed the contract, it was announced that Citibank officially changed hands.Thanks to the timely injection of capital by the Pan-American Venture Capital Group to stabilize the situation, Citibank eventually avoided the result of bankruptcy and liquidation. The depositors also restored their confidence in the bank and stopped the run.

This turmoil was dubbed the "November Black Swan Incident" by the news media, and ordinary people believed that it was just a coincidence of various factors, and did not expect that this incident was manipulated.

So far, the original shareholders of Citibank headed by the Heman family have completely faded out of the public's field of vision. Instead, the previously unknown Pan American Venture Capital Group has entered everyone's field of vision. The president of Walker was appointed as the new president of Citibank. .

A few days later, a small reception was held in the meeting room of Citibank's New York headquarters.There were only thirteen people attending the reception, and Niu Xiaoqiang was one of them.

He received 5.00% of the shares of Citibank without investing a penny in this operation.Even so, other allies are not dissatisfied.

In fact, everyone knows that the plan to acquire Citibank was formulated by Niu Xiaoqiang, and this plan was also proposed by him.Although he didn't pay, just relying on this clever mind is enough for him to reap the benefits.

At this reception, Rockefeller and others once again mentioned the new technology of oil exploration, and everyone unanimously asked Niu Xiaoqiang to speed up the progress and strive to develop this new technology as soon as possible.

Niu Xiaoqiang smiled and nodded in agreement, saying that he would definitely do it as soon as possible and would not keep all the allies waiting for a long time.

After the reception, Barbara and Niu Xiaoqiang returned to Boston together.

It stands to reason that Barbara should stay in Texas, the stronghold of the Bu family, to preside over official business, but she really cannot do without Niu Xiaoqiang, so after discussing with her father and two uncles, she finally decided to move her office to Boston. Direct family affairs remotely in Boston.

Anyway, with the backing of her father and others, plus she completed the acquisition plan of Citibank, her personal prestige is already very high, and no one in the family dares to make irresponsible remarks on this decision she made.

After Niu Xiaoqiang returned to Boston, he immediately came to MIT and found the head of the Department of Physics.This person's name is Simpson, and when Niu Xiaoqiang participated in the talent assessment, Simpson was one of the examiners.

The main purpose of Niu Xiaoqiang looking for Simpson was to borrow the laboratory of the Department of Physics, and also asked Simpson to arrange two scientific research assistants for him.

This kind of thing is only Niu Xiaoqiang's face. If it were another student, he would have been kicked out of the office by Simpson long ago.

(End of this chapter)