Rebirth of the Wealthy American

Vol 2 Chapter 357: Warm water frog

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It is 10 o'clock in the evening and the auction is still going on.

Fat Man won two auctions in a row and spent a total of 14.6 million US dollars. This price exceeded the budget. Li Mu guessed it. Fat Man was Rockefeller. Carnegie became the biggest winner and only spent 600,000 US dollars. You get a one percent share.

The word "only" is used well. If you exchange 600,000 dollars into cash, many people have never seen so much money in their lives, but this evening, this is only the most inconspicuous transaction.

This is a true feast of wealth. Presumably after this evening, the witnesses present should be more motivated to chase wealth, and they certainly don't want to be a visitor next time.

Rockefeller is still big enough. Although the cost is a little bit higher, Rockefeller will never regret it when it is bought. When turning attention to other aspects, Rockefeller ’s dealership properties have begun to play a role: "Rim, let's join hands to make an auction How's it? Just put the venue in Clinton Castle, and come here every three minutes. What do you think? "

This is actually the first auction in the United States. Prior to this, most people did not even know about this form of auction.

Rockefeller did not know before. Originally in Rockefeller's forecast, Rose's stock was worth about 60 million U.S. dollars, so every five percent was 3 million U.S. dollars, but it was not expected that after competition at the auction, these The stock has sold an average price of $ 7.1 million so far. Looking at this result alone, it is clear that the role of the auction is fully demonstrated.

"Of course you can. Actually, I'm preparing to set up an auction house in New York, stocks, art, land, real estate, etc., so long as someone is willing to buy, we can sell it, isn't it a great way? It can make transactions more secure and more convenient. "Li Mu also had this idea, and Rockefeller just hit it off.

"Then we must do it as soon as possible. Is this guy invited from England? If we wait for him to go back, the situation here will certainly attract the attention of his boss. Maybe we will have to face competitors." There is no psychological barrier to Rockefeller.

"Oh, don't worry, this is our place. Without our permission, British companies can't enter." Li Mu has the confidence. As long as Li Mu is willing, Li Mu can do what the British do.

The Britons are not allowed to enter the United Kingdom. Li Mu can also block British companies if Li Mu is willing, at least in New York. With the relationship between Li Mu and Arthur, it is not easy for the British to register a company in New York.

"Hahahaha-I like you-" Rockefeller smiled horribly.

"It's disgusting, I don't need your likes." Li Mu refused, his sexual orientation was normal.

The auction is still going on. The talented young people finally started to exert their strength. They also won the auction twice in a row, but the amount spent has reached 15 million US dollars. It seems that 7.5 million has reached the limit. At this price, everyone will die.

Li Mu is not worried. The final score is 9%. To be sure, the most intense competition will be triggered by then.

Now that the auction is over, the process is over half, Rockefeller got 10%, Arthur got 10%, J.P. Morgan got 5%, Mickey Gilbert and Dick Anderson finally realized It was impossible for the tycoons to fight alone and New York. The two teamed up to get the same 5% at the price of $ 7.5 million. John Vanderbilt still found nothing, it seems that the treasure is the last one. Over nine percent.

During the rest time, William Vanderbilt went to the second floor to find Li Mu.

"Rim, I need your help." William Vanderbilt went up and talked directly.

"Of course my friend, it's my pleasure to help you." Li Mu promised.

"Rim, I want an emergency loan from Bank of America. I can use the shares of Yili Railway as collateral. How much can you take out now?" William Vanderbilt came to find money.

"How much do you want?" Li Mu's spirit rose.

Although railway stocks are falling, some stocks are still strong, and Yili Railway is one of them.

The Yili Railway from Pyrmont on the Hudson River to Dunkirk on the shores of Lake Erie. When it was completed and opened to traffic, it was the longest railway in the world at that time. The rugged route brought many technical problems to the project At the beginning, the estimated investment was only US $ 10 million, but when it was completed, the cost of the Yili Railway was as high as US $ 23.5 million.

Because of the repeated increase in costs, investment companies were forced to go to Wall Street again and again to raise the required funds, so that a special capital structure was finally formed, including a batch of convertible bonds and even allowing holders to freely bond between bonds and stocks Switching back and forth, which is unique in Wall Street history, makes it a near-perfect speculative tool.

Yili Railway's stock is called "Crimson Woman on Wall Street". The term can also be understood as "slut woman".

Today, the Yili Railway is not the longest railway in the world. The Pacific Railway has long replaced it, but the particularity of Yili Railway's stock has not changed. It is still the best speculative tool.

"Ten ten million dollars," William Vanderbilt said.

William Vanderbilt knew the relationship between Li Mu and Bank of America. This auction was facilitated by Bank of America. All the deposits were held by Bank of America. Subsequent transactions were also carried out at Bank of America. William wanted the money only on the books. Turnover, this is not a problem for Bank of America. The money will not even flow out of Bank of America, so William Vanderbilt is sure that he can get what he wants from Li Mu.

"No no no, although Yili Railway still has value, but it is not worth ten million." Li Mu immediately refused, which was a loss-making business.

"Then plus the New York shipyard." William Vanderbilt was bound to win.

"Yes, 10% interest. If you are sure, then you can sign the contract now." Although Li Mu has a good relationship with William, it is not easy to open a black shop. Business is business.

"You're really dark." William Vanderbilt was very dissatisfied, but could only agree that at this point, only the Bank of America can quickly mobilize large sums of money.

In fact, there is no need to move it. After all, the money is kept in the vault of the Bank of America, but just circulating on the book is a formality problem.

"William, I have to remind you, if you bet on the last shot, you have to be careful." Li Mu reminded kindly.

Up to now, only five people have been harvested, and Stuart and Carnegie who have cut off their members, and five others are empty-handed, including Jay Gould and Daniel Drew, who have been aiming at each other. At the last moment, no one could relax, maybe these people also bet on Bao at the last shot.

"Relax, anyway, you will end up making a high price." William Vanderbilt was upset, quickly signed the contract, and then went downstairs immediately.

Li Mu had already prepared, and the representative of Bank of America was in Clinton Castle, ready to provide loans to these tycoons.

The representative of Bank of America is Lawrence. This guy is really good. This auction was organized by Lawrence. Although it is not the same as Li Mu expected, after all, there is only one week of preparation time. It is already possible to achieve this step. Unexpected.

"The Vanderbilt family's car factory heard that it was about to start production--" Rockefeller sighed indifferently, seemingly casually, after William left.

William Vanderbilt's commercial sense of smell was still keen. The first time he saw the car, William Vanderbilt determined the future of the car, then invested in an automobile research institute, and purchased related patents from the Junma Group. Ready to invest in a car factory.

Almost a year has passed now, and the Vanderbilt family's factory has indeed arrived at the receiving season.

"This is a good thing for us, isn't it?" Li Mu is not worried. Competition is a good thing, and whether it is a car produced by Junma Motor Company or a car produced by the Vanderbilt family car factory, it must go to Mobil Petroleum Go to the gas station to refuel. No matter how you go around, the money will still make Li Mu profitable.

"If I were you, I wouldn't train a competitor." Rockefeller likes to eat alone, which can be seen from the standard oil style.

Until now, Rockefeller was still anxious about Li Mu occupying 40% of Mobil Oil. Of course, Rockefeller did not think of breaking the agreement, because Rockefeller knew that Li Mu had a hole card in his hand.

Although Rockefeller didn't know what Li Mu's hole cards were, Rockefeller could feel that if Rockefeller pushed Li Mu out of Mobil Oil, Li Mu's counterattack would be very sharp, and Rockefeller might not be able to bear it.

Rockefeller didn't dare to take risks. Li Mu's performance was amazing. Rockefeller didn't dare to underestimate Li Mu.

"John, it's a good thing to have a competitor so that we don't sleep on meritorious accounts. We all need someone to remind ourselves at all times not to be slack, otherwise we will definitely become frogs in warm water." Li Mu could not agree This is a difference in business philosophy.

"Frogs in warm water-what do you mean?" Rockefeller looked confused.

Well, Li Mu forgot, there is no Cornell University yet--

No, Cornell University has been established, right on the East Hill in Mount Ithaca, New York.

Cornell University held an inauguration and opening ceremony on October 7, 1868. The next day, a total of 412 students officially entered the university. This was the largest university in the United States at that time.

Yes, indeed, this is the current state of American education.

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