Back To 1995

  Chapter 834

After Song Yang got in the car, he motioned for Ulf to drive away. He was going to attend Welch's retirement dinner tonight. It's just a cup of tea. How many people will sell this man who has been the most famous in America in the past ten years. The face of powerful people is a bit difficult to say.

   Immelt's appetite is not small, and he wants too much. It can't be said that Immelt is insatiable. After all, Immelt has reached the point where it is today, and Immelt can't let go of the duck to the mouth.

Taking over as the new president of General Electric, Immelt must have wanted to make a big move, and was unwilling to live in Welch's shadow. It was said that everything he has now is Welch's leftovers. down.

This kind of mentality is very common. I don’t see the successors of the empire, or the most direct example. Little Edgar of the Bronfman Group has taken over a huge group, but they don’t want to mess around and wait to die. They all want to make far surpassed the achievements of his parents.

   Among them, some of them were made out, and some of them were screwed up, and the family of tens of billions of dollars was carried forward and became a billionaire.

   After all, the world is full of uncertainty. If the values ​​are certain and everything is 100% certain, then the world will not be like this now!

   Sitting in the car, Song Yang estimated the cash flow in his hand. Since last year, Song Yang has consciously reduced the support of cash flow. If necessary, he can borrow from the bank.

In addition, this year, from the cash flow of Double-click, ICQ, Yahoo, Microsoft and other groups, the cash flow in Song Yang's hands, even if it is not as good as the cash reserves of later generations of giant companies, which can easily be two or three hundred billion US dollars, but looking at the entire Wall Street and Silicon Valley, The cash reserves in Song Yang's hands will also get to a terrifying level!

With this cash flow, Song Yang can not only keep Alcatel Mobile, PayPal, PA Semiconductor, Snow Mountain Games, Siebel Automobile, Apollo Space Exploration and other companies, but also can take the opportunity to buy back ICQ, Double-click, Large stakes in companies such as Amazon and eBay.

   Wait until Nasdaq collapses, ICQ collapses or not, Song Yang is not sure, but Song Yang can definitely cut a crop of leeks, and may even be far from limited to Internet companies.

   The General Electric Group also has a lot of good things. If Immelt wants to take away the ICQ equity in Song Yang's hands, he must clean up all the dollars in the General Electric account!

Even if GE's earning power is strong, and it can borrow a large amount of US dollars from the bank, but facing the stock price of Avalanche, without a US dollar in cash, it can only be reduced to a lump of fat. Just bigger.

Song Yang figured it out. If there is a chance, he might not be able to cut a crop of GE's leeks. Just like today Immelt persuaded Song Yang to give up his shareholding in ICQ, Song Yang should be able to do so. Persuade Immelt to know the current affairs as Junjie, for the sake of GE's tomorrow, give GE's engines or military industry, communications, electronics, energy and other departments to Song Yang!

  After all, GE is so big and has so many industries. Even if you cut out a few pieces of industry, it is like cutting a few pounds of meat from an elephant. Although it hurts a little, it will never go down...

In the evening, in the best local hotel in Connecticut, GE also holds equity in this hotel. Connecticut is the home of GE. Many industries here are inextricably linked with GE. , General Electric has been operating here for more than four decades.

   Even going deeper, there are countless families in Connecticut who work for GE or companies related to GE. When GE stomps, Connecticut will tremble with it.

It's just rumors that GE is a little dissatisfied with this headquarters that has existed for 40 years and wants to replace it with a new headquarters, because this state has too little voice in America, unlike New York, it can make America's foreign policy , are changed.

General Electric wants to relocate its headquarters to a big state, so that it can use the contacts and influence of the big state to make changes to America's decision. Of course, in addition to these reasons, there are also some gossip , Immelt seems to want to build a new headquarters building to show the style of the world's largest company General Electric, rather than continue to nest in the building 40 years ago.

  It is hard to say whether the rumors are true or not, but there is no truth to it. If these news come out, it means that GE will move out of Connecticut. It is only a matter of time. It depends on when the new headquarters address is selected.

The board of GE gave Welch enough treatment, booked the entire hotel, and invited a group of celebrities to come, but it is really inevitable that people take tea and cool down. The most direct response is that today Wei At Erqi's retirement dinner, not many powerful people were present. At most, a representative was sent to send a congratulatory gift.

And you must know that the inaugural dinner of Immelt is less than a week away. The person in charge of the commander's office has already confirmed in advance that he will be present on behalf of the commander and his wife, and will send a handwritten letter from the commander to express his appreciation. Respect for Immelt.

  Congressmen from other states on Capitol Hill, and even several governors, will come in person to attend Immelt's dinner, and then compare Welch's treatment today. Although it is still very lively, it is really "cold".

   Welch didn't seem to care about all this, and brought his wife Susan Welch to the scene with a relaxed smile on his face.

   Immelt, who had been waiting at the entrance of the hotel for a long time, immediately greeted the Welchs after seeing the Welch and his wife, as if he was still following behind Welch as before.

   Seeing this scene, both the media and GE executives applauded Immelt's move.

Welch's wife, Susan, was also very satisfied with Immelt's actions. She felt Immelt's respect for their couple. After the news of Welch's retirement came out, Susan was very happy with her life. Variety.

In the past, every day, various banquets, art exhibitions, charity events, auctions and other celebrity gathering activities would send invitations to her, but now, these invitations have disappeared without a trace, and even the village where she visited every time. In clubs and churches, everyone used to focus on her, but now, she can clearly feel that those people have moved their attention and focus away from her...

Welch did not make a lot of money. He did make a lot of money for the major shareholder of GE and the person who bought GE stock, but for what he and his family got, he was the one who bought the GE stock with him. Compared with the US knives earned, it can only be regarded as insignificant.

After Welch retired, he lost the aura of being the head of General Electric. All Welch could have was fame and worth, but the latter, for him and the entire Welch family, was not too much. Multitasking!

   "You are now at the helm of General Electric, don't accompany me!"

   Welch waved to the media who were taking pictures around him and said to Immelt.

This should be the last time he will appear in front of the media as the "former" head of GE. Although he still has the identity of a GE consultant, in a few days, the media will be very concerned about him as an old man. There is not much interest, maybe the public hears about him again, maybe it's what happened behind him...

To say that you don’t miss all of this is definitely bullshit. Who doesn’t want the feeling of being chased by the media with every word and deed, and the whole world seems to be crawling underfoot, but Welch knows that it belongs to his era, everything is over.

   "Here with me, President Welch, you will always be the president of General Electric, and that position belongs only to you, Mr. Welch!" Immelt still respectfully said to Welch.

Welch took a deep look at his carefully selected successor. Immelt was the last big thing he did for GE. If Immelt performed well and led GE to a new height, then The legend of Welch's discerning eyes and pearls is going to a higher level. Once Immelt messes up, I am afraid it will become Welch's black material. There are even rumors that GE is actually destroying it. In his hands, don't think highly of the media's urination!

Patting Immelt on the shoulder, Welch resolutely led Susan into the banquet hall. Immelt, who was behind him, also took a deep breath and walked in. This was the last time he was with him. Behind others, Immelt will be the one who walks ahead in the future!

   When Song Yang's vehicle came out of the hotel, he got off first, then opened the other door, stretched out his hand, and got out of the car with Irene who had just arrived in Connecticut.

   (end of this chapter)