While these two were chatting, K.W. McKison, the head of the Texas Financial Group, also came here. They also competed fiercely with First Citibank.
Over the years, Citigroup has continuously expanded its power in arms companies, so the Texas consortium, which mainly focuses on arms, feels a huge threat.
This is also the reason why the Texas consortium is willing to cooperate with the California consortium to fight against the Eastern consortium. They do not want a major pillar of their consortium to be hollowed out like this.
After he arrived at the banquet hall and greeted Nick Chiannini warmly, he said to Johnny Stillman on the side: "Stillman, I don't know why you went so far as to invite us here this time.
? Could it be that something major happened in the Soviet Union that made you want to contact us in such a hurry?"
Johnny Stillman has long been used to facing K.W. McKison's sarcasm. Such things have happened not once or twice. He doesn't care at all about the Texas consortium. They are the currently powerful California consortium.
His main opponent, the Texas consortium, is just an accessory. If it weren't for the California consortium, how could he be so calm now?
As time passed, the leaders of DuPont, Mellon, Boston, Chicago, Cleveland, Rockefeller, Morgan, Ford, and other consortiums arrived here one after another.
After the reception officially started, Essenk Morgan said: "Stillman, seeing that 1984 is about to pass, everyone is busy now, so don't beat around the bush. If you have anything to do with bringing us all together today, just tell us.
It’s agreed.”
Which of these families does not have their own intelligence network? Johnny Stillman does not believe that the leaders of these families do not know what he is inviting them to do this time. They are all preparing to act crazy and act like fools. They really want them to become the number one Citigroup.
Victims of struggle.
He was not willing to let his consortium suffer this embarrassing loss. This disaster was caused by DuPont, Ford, and Chicago's major consortiums, and these major consortiums had to pay for the losses.
Johnny Stillman said: "We are now fully competing with the six major consortiums in Japan. We are already doing our best. Some consortiums have provoked new forces for all of us for their own personal gain and harmed our common interests.
.”
"We must know that the current economic weakness in Western Europe and the United States continues. The fastest growing region of the world's economy is in Asia. We are already hostile to the Japanese consortium. It is very stupid to provoke the Lee consortium this time. Doing so will only make things worse.
Our company is completely isolated from the Asian market."
Some of the leaders of the consortium present did not take Johnny Stillman's words seriously. In their eyes, the Lee Consortium was just a fly, and they could easily swat it to death.
Even if the development of the Li Group over the years has shocked their attention, it cannot change the fact that the development time of the Li Group is too short. The rootless Li Group cannot currently pose any threat to them. In the eyes of the people at the helm of these groups,
There are still Japanese conglomerates such as Mitsui, Mitsubishi, Sumitomo, and Fuji.
The head of the Chicago consortium said: "Stearman, I know you have lost dozens of Boeing orders this time, so you feel very uncomfortable. Isn't it just a profit of hundreds of millions of dollars? Are you exaggerating the threat of the Lee Consortium?
?Tell me how many assets the Li Consortium controls, how many assets your First Citigroup controls, and what the Li Consortium threatens you with."
Which of the top ten conglomerates does not control trillions of dollars in assets? The Li Consortium is only a few tenth of them. They can easily crush the Li Consortium.
Some consortiums know that Boeing has lost an extremely important customer this time, so Citigroup has jumped in. Its purpose is nothing more than to make up for the losses with them. For example, Morgan controls airlines, and the California consortium also has
, as long as they increase the purchase of aircraft, Boeing can cover the losses suffered by the Lee Group.
However, the leaders of these consortiums are not willing to let Boeing and even the Citigroup earn their profits. This suppression of the Lee Consortium is also for the sake of all American companies. It is appropriate for some companies to sacrifice a little profit. Since Boeing and the Lee Consortium
If there is close cooperation, it can only be considered bad luck for Boeing.
The head of the Mellon Group said: "Stillman, we will remember the sacrifices that Citigroup has made for the development of American companies this time. I believe that countless companies will be grateful for your efforts. The Lee Group will also
If you look at the market, you don’t have to worry too much about how many planes an airline can order, First Citigroup is not short of this profit.”
Lockheed and Boeing, controlled by the Mellon consortium, are important competitors. Seeing Boeing suffer a defeat from the Lee consortium this time, the members of the Mellon consortium are quite happy.
Now the U.S. civil aviation market is mainly occupied by Boeing, and Lockheed's share is getting smaller and smaller. They are powerless to cause trouble for Boeing in this regard. This time, the Mellon Consortium is holding on to the hope that this incident will occur.
The attitude of watching the drama, anyway, the Lee Consortium will not buy his Lockheed airliner, and it does not matter whether they suppress the Lee Consortium or the Mellon Consortium.
Johnny Stillman was speechless, as if hundreds of millions of dollars were nothing. How much money did the Phoenix Group, the Lee consortium, make in the U.S. market? The Chicago consortium couldn't wait to jump out and suppress it.
If they were not doing business for money or profit, why would they bother to maintain the industrial development of their family and consortium?
If this had not happened to me, these consortiums would naturally not feel bad, and they would make sarcastic remarks as if no one knew how to do it.
Johnny Stillman said: "You must have received some news. Li Guangyu has visited major local consortiums and families in Japan. The purpose is self-evident. At the same time, a kind of confidence in us is forming in Asia.
I believe some companies feel better about the extremely unfavorable remarks made by American companies, which can be seen from the sales volume of their products. Once they form a situation of boycotting our American products, it will be difficult for us to reverse it in a short time."
When talking about the Japanese Consortium, the leaders also became serious. In the past ten years, the Japanese Consortium has caused them a lot of trouble. If they had not been able to suppress Japan politically, they might have been overthrown by the Japanese Consortium.
It fell to the ground.
This time Li Guangyu went to Tokyo urgently to meet with major Japanese consortiums and family leaders. It was obvious that he came to target their American consortium. Originally, the Li Consortium and the Japanese consortium were relatively close, but this time they are probably going to completely join forces.
.
They have also heard reports on some remarks that have appeared in Asia, and they must admit that they have underestimated the strength of the Li Group. The Li Group has an amazing influence on public opinion in Asia.
This is an invisible sword. If they don't solve it as soon as possible and allow this to continue, these regions will become increasingly disgusted with their American companies and products in the future, which will cause their American companies to lose markets in these regions.
Although the Li's Consortium is just a fly, it really makes them feel uncomfortable when the fly crows. At this time, they want to swat the fly to death, but there is no chance. The Li's Consortium protects its industry very well, even if
Their ability to turn things upside down on Wall Street has no effect, and the companies of the Lee Group are basically not listed on the market.