Chapter 404 Promotion and salary increase!

Rockefeller Estate, New York

"Mr. David, Victor wants to apply for a credit loan."

In the living room, Dennis asked David Rockefeller respectfully.

“Is this amount large?”

David Rockefeller asked, frowning.

He had already instructed Dennis to help Li Changhe as much as possible.

If it was a small credit line, Dennis wouldn't bother him.

So the only possibility for Dennis to come is that he cannot approve it.

Came to David Rockefeller for help.

"Yes, two hundred million dollars."

"The deal he has with the Saudi prince is worth 1.5 billion U.S. dollars, and there is still a gap of 200 million U.S. dollars. Mr. Victor asked Jim to ask us if we can give him a credit loan."

Dennis explained to David Rockefeller.

After listening to this, David Rockefeller did not agree immediately, but seemed to be thinking about it.

"As far as I know, he only brought 15 billion U.S. dollars to the United States. Now he wants to do a business worth billion U.S. dollars?"

Does Li Changhe have such a big appetite?

To swallow a product that exceeds this much cash?
If he is really that greedy, then David Rockefeller needs to re-evaluate his position.

"That's right, Mr. David. Because of this oil deal, the Middle East is making a bigger profit."

"According to what Jim told me, Prince Tarak seemed to like Victor very much and gave him a profit of two dollars per barrel of crude oil."

"The transaction amount this time is 60 million barrels, which means that even if Victor sells the crude oil directly, he can still make a profit of more than 100 million US dollars!"

"In fact, Mr. Victor only has more than 11 million US dollars left in his hands, but then he received another million US dollars from London. This money came from Mr. Bao Yugang's personal investment fund. In other words, he now has a total of billion US dollars."

"Jim also agreed to use the 200 million U.S. dollars from Manhattan Bank to buy this batch of Saudi crude oil. After all, Saudi Arabia's oil has always been of good quality, and the price is so low this time."

"So in the end, Victor only needed $200 million."

"I guess that's why he ate all the crude oil."

Dennis told David Rockefeller the inside story.

After hearing this, David Rockefeller showed a hint of surprise on his face.

"This Saudi prince is really generous. He gave a concession of $100 million right away!"

"The situation in the Middle East is tense and war is expected to break out soon. From this point of view, now is the right time to buy in."

"A credit line of $200 million, he dares to think about it!"

David Rockefeller thought for a moment, then said to Dennis, "Well, give him a credit line of $200 million, but the term should not be too long."

"It's for six months, and the interest rate will be based on the normal market interest rate."

"Once a war breaks out, it will not end within six months. This means that the price of crude oil will inevitably rise within six months."

“At that time, even if he sold oil, he could still pay back the bank loan.”

David Rockefeller instructed Dennis.

"Understood, sir!"

Dennis nodded, received the imperial edict, and then left respectfully.

After Dennis left, another old man with a gentleman's cane and white hair slowly walked out.

"David, is your little friend from the East bothering you again?"

"Lauren, you guessed it right, it's him."

David Rockefeller said to his brother with a smile.

That’s right, this old man is David Rockefeller’s brother, Lawrence Rockefeller, who is also known as the father of venture capital in the United States.

Lawrence Rockefeller was in charge of the New York Stock Exchange for decades. It can be said that many investments of the Rockefeller family were made by him.

For example, the now famous Eastern Airlines and McDonnell Douglas Airlines.

"He wants a $2 million line of credit from Manhattan Bank."

David Rockefeller told Lawrence why Dennis came.

In many things, he actually adopted the advice of his brothers.

Politically, he was guided by his second brother Nelson, who was the vice president, and economically, he was advised by Lawrence.

“A six-month loan term is actually quite safe.”

"The oil in the Middle East is of good quality and accounts for more than half of the world's production. Once Iraq and Iran go to war, the production in the Persian Gulf will definitely be affected."

"Even if the government intervenes to stabilize the waterway safety, the response time will be more than six months. From this point of view, the six months after the outbreak of war is a safe period for crude oil prices to rise."

Lawrence said to David with a smile.

David nodded: "Yes, I thought so too!"

"As of now, this is also the line that Victor has set."

"The storage period he agreed with Saudi Arabia was seven months, and the oil storage area that China helped him find was also under an eight-month contract."

"So his assessment of the benefits of war was actually fixed in the past few months."

David Rockefeller said with emotion at this time.

Lawrence nodded and said, "Yes, this young man from the East is indeed very smart."

"After you told me, I looked at their buying records on the New York Stock Exchange. They started in June last year, which was earlier than the Hunt brothers' open challenge to the world."

“To be honest, he could be called an investment genius for being able to judge the trend of silver and place a big bet at that time.”

“And after the money left the United States, I saw it went to London and invested in the gold market.”

"Yes, when Bao came to me, he was talking about the profits from the London gold market."

David Rockefeller echoed.

"So I guess he can take the $15 billion worth of oil. Maybe he still has some money, but it's just not convenient for him to use it for the time being."

"Contacting Manhattan Bank is nothing more than a test to see how much support Manhattan Bank can provide him."

Lawrence said with a smile at this time.

After hearing this, David Rockefeller looked at his brother in surprise.

"Lauren, do you mean he still has money?"

"Of course. If he dares to take $15 billion worth of oil, he must have enough cash in hand, otherwise he wouldn't agree so readily."

“There are many people who use debt to bet on the oil market, but from my observation, he doesn’t seem like that kind of person.”

"In the silver market at that time, he could make tens of millions of dollars a day, but he left much earlier than the Hunt brothers. In this respect, he was much smarter than the Hunt brothers."

"You know, every day or two, you could make hundreds of millions of dollars in profit. Would you be willing to leave?"

"This young man is not the type who is overly greedy, so I don't believe that he would go bankrupt and borrow money to gamble on oil."

"I am more inclined to believe that he actually has enough capacity to consume this oil, and this money is within his budget."

Lawrence stated his judgment with a smile.

After listening to his brother's analysis, David Rockefeller fell into deep thought. He had previously thought that Victor might have been overwhelmed by Tarak's concessions. After all, these days, there are only a handful of wealthy families with a billion dollars each.

But after listening to Lawrence's words, David felt that what Lawrence said made sense.

Maybe Victor still has a trump card in his hand that allows him to consume this batch of oil without any worries.

"Why, do you think you made a mistake in your judgment of him?"

Lawrence smiled and joked at his brother at this time.

David Rockefeller nodded: "I just think that what you said might be the truth."

"In fact, I think this is better. When doing venture capital, you must keep a trump card. Only a lunatic would be willing to lose everything on a bet. Such a lunatic may succeed, but he will not be able to last long."

“Like the Hunt family, if they had not borrowed money to maintain the silver market, but had dumped the contract at that time, they would have been able to reap the whole world and make profits beyond imagination.”

"It's a pity that they can't control their greed when it comes to money."

"David, since you want to choose Victor as our agent in the East, we just need to see how he reacts to money."

"Money and beauty are taboos for business investment. At the previous party, you tested his performance in front of beauty. Although it cannot be fully defined, for now, he did not indulge in sensual pleasures in Chicago and New York, which is a good thing."

"Then all that's left is money!"

"The oil market this time is just a perfect test."

"His profits determine the extent of our support for him."

"I think we can just wait patiently!"

Lawrence once again instructed his younger brother.

David Rockefeller nodded.

"Lauren, I thought so too."

On the other side, when Li Changhe received the news brought by Jim, Li Changhe was also quite surprised.

"You mean, Manhattan Bank is willing to give me a $2 million line of credit directly?"

At this moment, Li Changhe asked Jim in surprise.

Although he asked Jim this, Li Changhe actually didn't expect that the other party could give so much in one go.

After all, he had no deposits in Manhattan Bank and no business connections. At most, he had used their team to make an investment once before.

With such qualifications, it would be considered a great honor to be given tens of millions.

Li Changhe originally thought that the other party would give a discount and give $2 million as support, but he didn't expect that the other party would directly give million?
"Yes, Mr. Dennis decided to strongly support you and persuaded the bank's top management to give you a loan of 2 million US dollars."

"But the money can only be used for six months, and there is no interest rate discount!"

Jim was also shocked at this moment.

It was a completely unsecured loan for such a large amount, even though it was only for six months, it still shocked him.

Without collateral, the bank is taking on a lot of risk.

This is almost a rare thing for a bank, and Jim was puzzled as to how Mr. Dennis convinced the bank's top management.

"Of course, thank Mr. Dennis for me!"

Li Changhe said to Jim with a smile at this time.

It seems that Manhattan Bank supports him more than he thought. This is great news for Li Changhe.

After all, in a capitalist country like the United States, the functions and connections brought by a bank are quite extraordinary.

With the support of Manhattan Bank, Li Changhe raised 1.5 billion US dollars and completed the transaction with Tarak.

After doing all this, Li Changhe actually had nothing to do.

He plans to go back.

But before going back, there are still some things that need to be arranged.

For example, the team he brought.

Originally, a group of people were brought here to buy spot oil, but now, due to the sudden intervention of Saudi Prince Tarak, the spot oil transaction was completed in an instant.

And this also means that the work of the team he brought in has been completed.

But even if he goes back, Li Changhe has other plans.

Therefore, among the group of people who came, Li Changhe selected a team that was willing to stay in the United States.

After all, on the one hand, he still has to observe the oil market, and on the other hand, Li Changhe has other purposes.

"boss"

Zhou Cheng walked into Li Changhe's room respectfully.

Zhou Cheng is a leader in financial investment in the team brought by Li Changhe this time. He is considered a high-quality talent discovered by the Hong Kong Financial Company and is also a core member who is willing to stay in the United States this time.

"Jack, this time you are in New York with your team. The first thing you need to do is to build a mature market investment team on Wall Street."

"Compared to the Hong Kong stock market, Wall Street is the global financial core. We must expand our business here."

"I have also recruited a lot of people on Wall Street recently. I will put them under your command. As for how to arrange them, you will make the decision."

"My first request to you is to screen the talents and select the high-quality ones. I will be of great use to them later."

Li Changhe instructed Zhou Cheng.

Zhou Cheng nodded respectfully: "I understand, boss, thank you for your trust."

"Well, there's one more thing, that's it!"

Li Changhe took out a piece of paper and handed it to Zhou Cheng.

"I will leave 20 million US dollars for the new investment company, and 10 million US dollars of it will be given to you to operate freely in the stock market. During this period, I will check your profit status from time to time."

"And for the remaining 10 million US dollars, you arrange for someone to buy the stocks of these companies."

What Li Changhe wrote on the paper were the names of several stock companies.

Of course, Li Changhe cannot remember the specific values ​​of US stocks, but some well-known companies, such as Coca-Cola and Walmart, will still have a bright future.

This is a definitely high-quality stock. The company will not go bankrupt and there is no risk of collapse. It is suitable for long-term holding, and the stock has a high profit margin.

These stocks can be said to be the stabilizing force that Li Changhe has placed in the U.S. stock market. After another 20 or 30 years, he can sell them depending on the situation.

After taking a look at the stocks on the paper, Zhou Cheng nodded: "Okay, boss, I'll remember that."

"I will arrange for our people to purchase these stocks. I guarantee they are reliable."

"I will arrange for those people you just recruited to freely operate the stock market, screen out suitable talents, and then report the list to you."

Zhou Cheng quickly came up with an idea at this time and told Li Changhe his thoughts.

"It's good that you have an idea. If you have any problems that cannot be solved in New York, you can contact Mr. Jim at Manhattan Bank."

"I've already told him, he'll help you."

"I'll leave the affairs on Wall Street to you from now on, Jack. Do a good job and don't let me down."

Li Changhe said to Zhou Cheng with a smile.

"Don't worry, boss, I will try my best."

Zhou Cheng was very excited at this moment. This was an excellent opportunity for promotion and salary increase, and he had to seize it.

(End of this chapter)