Chapter 562 Chapter 561 Cooperation with the California Consortium
There are many famous conglomerates in the United States.

The traditional top consortiums include the Morgan Consortium, the Rockefeller Consortium, the Citigroup Consortium, and the DuPont Consortium. Although their founders were not Jewish, they have all been infiltrated to some extent now.

The emerging consortium that emerged after World War II, represented by the California Consortium and the Texas Consortium.

These two emerging consortiums have some common characteristics. First, they made huge fortunes from wars and arms races. Second, they both actively participated in the US political process and sponsored agents to participate in parliamentary and presidential elections in order to seek greater economic benefits.

The California Foundation sponsored California Governor Nixon in his early years, and Nixon eventually entered the White House.

During Nixon's administration, the California consortium achieved rapid development, especially reaping huge benefits from arms orders.

Lockheed Martin, a California consortium, is the number one contractor for the U.S. Department of Defense. During the Nixon administration, the company was ranked first among the Department of Defense's arms contractors.

Not only that, the California consortium also controls Litton Industries (the fourth largest arms dealer) and Northrop Grumman (the second largest arms dealer).

Then, there is our President Reagan, who came from Hollywood, also served as governor of California, and has close ties with the California financial groups. He can be said to have inherited Nixon’s legacy.

As for Vice President George H.W. Bush, he represents the Texas consortium in the South, and his LTV company is the fifth largest arms dealer.

Two emerging consortiums joined forces.

In addition, the First Citibank Consortium controls Boeing, the Morgan Consortium controls General Dynamics, and the Boston Consortium controls Raytheon (the third largest arms dealer),...all of them are major arms dealers.

So it was only natural for Reagan to significantly increase the defense budget, actively promote the "Star Wars Program," and engage in an arms race with the polar bear.

But now the arms race has just begun. The core of the California consortium, Bank of America - in fact, Bank of America Corporation. The English name is Bank of America, translated into Chinese, fearing that the East would mistake it for the central bank of the United States, so it was translated into Bank of America.

Oh, this financial core has long ranked first among American commercial banks in terms of assets and deposits, until last year, in 1980, when it was surpassed by Citibank and fell to second place.

With economic growth sluggish, they also covet fast-growing companies such as Los Angeles Communications, hoping to get a piece of the pie.

But behind him is President Reagan.

If mergers and acquisitions are not possible, then we can cooperate, exchange shares, and share the benefits equally.

Reagan's idea was simple:
Both of them are his financial backers. The California Consortium can only be said to have a close relationship with him, but Adam is his family. If Adam can get along well with the Los Angeles Consortium, then his relationship with the consortium will be closer, and the consortium's support for the Reagan family will be greater, right?
Moreover, Adam has yellow skin, so joining the California Consortium, the most open California Consortium, will also be safer.

Wang Yuanchao quickly calculated the approximate assets of the California consortium in his mind. It was centered around Bank of America, and also included Bank of the West, Wells Fargo, Crocker National Bank, etc. With these financial companies, they controlled three of the top ten military enterprises in the United States! The scale should be around 2000 billion US dollars!
And his own:

MGM, Orange Films and other film companies, after so many years of successful film investment, now have a market value of about 5 million. Unfortunately, except for themselves, no bank dares to invest in movies. As long as they dare to invest, the film companies dare to make reasonable and legal losses for them to see.

A series of record and music festival companies such as Muse Music and Adventure Project currently have a market value of around 8 million, because music companies have more tape sales business.

The above two types of companies have not taken into account the value of the large amount of film and song copyrights they have acquired. As time goes by and their videotape business further develops, their market value will be even higher.

When Wang Yuanchao thought of this, he thought that it might be a good idea to invest in the videotape rental business. After all, Japan had invented the home video recorder in 1976. But now, Blockbuster, the videotape rental chain giant, has not yet appeared.

Oh, and there is also the Condé Nast Group, which owns the fashion bible "Vogue", the top fashion men's magazine "GQ", the flashy and cultural "Vanity Fair", the travel bible "Condé Nast Traveler", the famous humanities magazine "The New Yorker" and the geek bible "Wired". Its market value is about 2 million.

Catalina Clothing, which specializes in women's underwear, controls the Miss Universe competition and has a market value of approximately 5000 million. The women's economy has not yet fully taken off, but in the next decade, Wang Yuanchao believes that the era of women is coming!

Los Angeles Lions Club, this club can probably be sold for 2000 million US dollars now.

The above industries combined are less than 16 billion US dollars.

Of course, there is also Blackwater Security, which does not make much money at the moment, but has a lot of fixed assets (many of which are aircraft, basically products of Lockheed Martin). If it can get a large order from the Ministry of Defense soon, it should not be underestimated. It can easily make 300 to 200 million US dollars a year.

This company is not listed and is particularly dependent on its relationship with the government. Even at a price-to-earnings ratio of five, its market value is $10-20 billion.

But Los Angeles Communications has not just one listed company, but two.

One is a telecommunications operator, responsible for base station layout, construction, and telecommunications operations, similar to China Mobile and China Unicom. The monthly rent and service fee for a calling machine is more than 40 or 50 dollars. With nearly 10 million users in the United States and Europe, the annual revenue is 20- billion US dollars! The net profit is - billion!
There are many local tyrants here. Overall, Wang Yuanchao holds almost one-third of the shares.

One is a communications technology research and development company that studies chips, base stations, and wireless transmission technologies, manufactures and sells call machines, and develops mobile phones.

The sales of call machines numbered several million per year, and there were also a large number of infrastructure equipment sales to operators, with annual revenue of about 15-20 billion. Up to now, no mature mobile phones had been launched, but Wang Yuanchao knew that this was the right direction, so he dared to poach people and spend money.

As long as mobile phones come out, Wang Yuanchao is confident that he can obtain the operating rights.

The company's market value has reached 176 billion US dollars! Wang Yuanchao holds 62.3% of the shares, which is almost 109 billion!
Call machines are a must-have for current business people, middle-class families, and young people. The demand is increasing year by year. They are so convenient and trendy.

So, how could the California consortium not be drooling over Los Angeles Communications and want to get a piece of the pie as soon as possible?
But is this all that Wang Yuanchao has experienced in the United States?
There are also investment companies!
Under the investment company, there are fund companies, several small banks, and insurance companies. Although small, it has everything. In this way, many investment operations are very convenient, and various financial products can be sold to give investors high returns reasonably and legally.

It’s just that many of these companies are not open to the public.

But all along, whether it was futures or stocks, Wang Yuanchao's investment scale was not too large.

It’s too big. Haha. You might not be able to take a penny with you.

This has always been one of Wang Yuanchao's pain points. He has to watch the mountains of gold and silver lying there, but he can only take a small part of it each time. It must be so painful.

If there is cross-holding with the California consortium, then Wang Yuanchao can reap the benefits in the stock market and futures with impunity.

The California Consortium is a new American upstart, second only to the Morgan and Rockefeller consortiums in size, and has the capital to have it all.

Soon, there will be a small crisis this year, and a big crisis in 87.

As long as they are open to Wang Yuanchao, Wang Yuanchao is confident that he can become one of the core families of the California consortium.

After thinking for a while, Wang Yuanchao said:

"We can talk."

Reagan heard this and said with a smile:
"Don't worry, I'm here and I won't let you suffer any loss."

……

With Reagan's help, communication was very smooth, whether with the Secretary of Defense or the California consortium.

Blackwater's big order was obtained very smoothly, and President Wenders immediately devoted himself to the new job.

The most important thing is that if the navy soldiers also recruit Blackwater mercenaries, the Philippine navy can be used by Wang Yuanchao. This will be of great help to the independence of East Malaysia in the future.

I think even if the Malay authorities are outraged, they will have to acknowledge the democracy of the East Malaysian people when they see the naval warships of their British and American fathers, right?
The California consortium also opened its arms to Wang Yuanchao.

Of course, Wang Yuanchao's Los Angeles Communications also opened its arms to them.

Whether it is Wang Yuanchao or Bank of America, a large number of shares are not traded on the stock market and are held by major shareholders. This time, everyone will exchange shares with each other based on the negotiation results and get what they need.

Wang Yuanchao gave up almost half of his shares, but he also got about 7.5% of Bank of America's shares. He didn't care too much because he could continue to buy other people's shares later. He was not short of money! What he lacked was that other people would open the door to him and accept him!
With Bank of America becoming the second largest shareholder of Los Angeles Communications, Adventurer Fund became the fourth largest shareholder of Bank of America, which means the official merger of the two parties.

Yes, Wang Yuanchao’s investment company, called Adventurer Fund, has finally made it into the mainstream.

The first thing the Adventurer Fund did was to borrow a large amount of money from Bank of America, using its own equity as collateral to short the U.S. stock market.

It really makes people sweat!
Is the president’s former son-in-law so reckless?

During this period, Wang Yuanchao also went to Kuala Lumpur to conduct the group draw for the World Cup qualifiers. He is the president of the Hong Kong Football Association.

Because Iran withdrew before the draw, the 21 Asian teams became 20 teams.

The final draw was a group of 5, 5, 4, and 6. The missing one was Iran. Not only that, the competition system of the four groups was different!
There are home and away double round-robin tournaments and single round-robin tournaments. The most complicated one is to divide into groups first, then conduct an internal round-robin, and then cross-elimination.

Wang Yuanchao immediately expressed his protest!

(End of this chapter)