Rebirth 79: I opened a bank in the United States

Chapter 966 General Electric
The emergence of the fuse mechanism is not difficult to understand!

Take this stock market crash as an example, program trading was not the main cause, but it definitely caused the decline, or in other words, the de-bubble was going on, and suddenly it became a big driving force for the bubble to burst!
And after getting used to using a more convenient machine such as a computer to conduct transactions, it is impossible not to use this thing in the future.Well, this time the computer system in the New York Stock Exchange was almost crashed, which became a bloody lesson.

It is very necessary to set up a circuit breaker mechanism to temporarily close the market when the stock price falls to a certain level, to give the market time to calm down and the computer to process orders!
Even after this incident, the New York Stock Exchange, including Nasdaq and the American Stock Exchange, and many institutions have increased the number of computer purchases.But everyone understands that the equipment that is enough today may not be enough in the future. If such a thing is added to the mechanism, then if similar things happen in the future and the transaction is suspended in time, it will not cause greater panic.
Although the addition of the circuit breaker mechanism locked the possibility of Carter making such a toss again, objectively speaking, even without the addition of the circuit breaker mechanism, this kind of opportunity would almost never happen again!

Because of mobility issues!
With the upgrade of the Basel Accord, the supervision of bank funds has become more stringent.And after 87, under the influence of Carter, the nearest good opportunity is also the bursting of the Japanese bubble.
Even if you want to step in to make money, it will inevitably involve international capital flows.It can be said that he has bumped into the regulatory scope of the Basel Accords, and it is almost impossible for him to use the funds in the savings bank at that time.

However, things have developed like this, and Carter is quite satisfied!

In the following days, with Lee Jae-yong, Carter began to take over slowly, or asked to arrange manpower to take over his own rights and interests in several newly invested companies.

Among the new entrants, Carter pays more attention to several companies: Intel and AMD, needless to say, are big brothers in the semiconductor field.After becoming the largest shareholder of Intel and AMD at the same time, we will welcome the third industrial revolution, the whole line of the information revolution, and the entire industrial chain will be basically connected!
From the essential core components in the communication field, chip manufacturing; to optical fiber and cable construction; to terminal equipment manufacturing.
Although becoming the largest shareholder does not mean that Intel belongs to Carter, but with such a voting weight, it can definitely guarantee that Carter will not be stuck in the supply of chips.After all, as a Chinese soul, the news that the United States used chips to get stuck in the process of communication equipment manufacturing is all too familiar.
And thinking of this, Carter suddenly realized another problem: Qualcomm!
As the protagonist of the "stuck neck" incident, Carter failed to find Qualcomm among the companies listed on the stock exchange today. Thinking of this, Carter took a pen and recorded Qualcomm in his small notebook.
If we win Qualcomm again, then the upstream of this industry will basically be in an unimpeded state for me!

The second is
The optical fiber manufacturing industry is now engaged in construction projects in south-central Georgia, and DOG construction workers who dig underground pipes everywhere are no strangers to the erection of optical fiber pipes.But the manufacture of optical fiber itself is still an area that Carter has not yet touched.
This will be the next step!

Then came General Electric and Chrysler.
At General Electric, Carter met the mythical figure in corporate management: Jack Welch!
Welch, who became the chairman and CEO of General Electric in 81, will be a figure that almost everyone who studies business has heard of in the future. In the past 20 years, General Electric, which has a market value of 130 billion US dollars, has developed into a generation of legends with a total market value of more than 900 billion, close to 6000 billion behemoths.
And after graduating from his Ph.D., he has been serving GM all his life, and he is also the "chicken soup hero" in the mouths of many bosses.
but.
"I'm used to controlling my own destiny. I never want my destiny to be controlled by others. I want to hear your thoughts on General Electric's business to determine my next step!"

Just thinking about the "chicken soup hero", Carter heard such a sentence in the chairman's office of General Electric.And looking at the serious eyes of the person opposite, Carter will never doubt it.
If my business philosophy is not in line with it, and if I have to fight for power, I am afraid that this person will really leave GE
As the representative of the largest shareholder of General Electric today!
Carter knows very well that if he wants to fight, he has the capital and is qualified to fight
You know, even JP Morgan's shares in General Electric are not as good as their own.The so-called General Electric is an enterprise under the control of Morgan. This statement does not apply to Hyundai.
"I have nothing to say about the business. Mr. Welch, do you know how much I paid for 9.84% of General Electric's stock? Nearly $60 billion!"

"This is enough to prove that your business philosophy is correct. In 81, with the same money, you could have bought nearly half of General Electric's stock!"

Putting Morgan's question behind for a while, Carter smiled lightly and faced the person in front of him:
"The reason why I came here to talk to you is that I hope to add an independent director to the five-member board of directors of GM. Hope to reach an agreement with GM!"

"In my hometown, there has always been an airport construction plan. I have had this idea since around 81, when you became the president of General Electric. Today, the time is almost ripe!"

"I have a well-established construction engineering group that can be responsible for construction, and I have some customers who can cooperate with me for a long time. Now I have paid such a high price to enter General Electric. In addition to my recognition of your business philosophy, I am optimistic that General Electric will be led by you in the future. In addition to developing better, I can say without hesitation that I have taken a fancy to General Electric's advantages in the field of aviation services and aero engines!"

"We can reach a verbal agreement, you help me accomplish my goals, then in the future on the board of directors, I will be your strongest supporter! No matter what you want to do, lay off employees or streamline the organization, sell general assets, it doesn't matter! I will vote for you!"

"How about this condition?"

"I don't quite understand what you mean, but with all due respect, if you only need GM to provide aero engines, or some aviation services, airport management services, or even electrical equipment such as power vehicles, you can connect with our business department normally. "

Pursing his lips, Welch asked suspiciously while thinking about the conditions proposed by Carter:

"I didn't want to understand. This matter doesn't seem to be necessarily related to your purpose of investing in General Electric. Even without this investment, would we still put the business aside and take the initiative to push it away?!"

"Also, if you don't invest in GM, the price is more negotiable. Now that you have become a major shareholder of GE, then you also need to consider the interests of GE"

(End of this chapter)