Rebirth in America

Chapter 169 Debut

In doing so, the Carpenters actually had the idea of ​​​​escape.

After all, they come from the bottom, and they have always felt that they are unable to cope with the increasingly large family business. The fear that their decisions will lead to huge losses has been with them ever since they made tens of millions of dollars.

Now they are only talking about handing over hundreds of millions of funds to Alex, which is actually a transfer of their power.

Alex soon understood this idea and intention, and even Richard also figured it out. Only Karen did not think deeply about it.

Karen felt that her parents doted on Alex too much, and she said reluctantly: "I want it too, I want it too! You guys give your brother so much money to spend, it's so partial!"

Bart chuckled and said to Karen: "We don't give Alex money to spend, but to invest. If you can invest like him, then it won't matter if you give it to you."

Karen was very happy to hear this, and she quickly asked: "Really? Will you really give it to me?"

"I'll give you 300 million, how do you plan to invest it?" Angel said from the side, and she added: "Listen, it's 300 million U.S. dollars. It's not for you to spend it, but for investment. You have to be able to earn it." Money matters.”

Karen suddenly frowned and said unhappily: "I don't know how to invest! I only know how to spend money, not invest! I am 8 years old this year and am an adult. You should increase my pocket money." right."

"Haha!" Everyone laughed.

Finally, Bart comforted her and said, "Okay, we'll double your pocket money!"

After Karen stopped making trouble, Alex expressed his thoughts: "I think it would be best to reorganize our Carpenter companies and make them controlled by one company. Now our company is too fragmented and too fragmented." It’s chaotic and difficult to manage, especially when it comes to taxation.”

Angel was the most sensitive to this issue. She quickly asked: "Do you mean to control the company through an investment company? If you want to reorganize, you will need to transfer and merge the shares like what you did before?"

Alex nodded and explained: "Yes! In this way, our funds can be put into a pool, which can not only alleviate the financial problems of some companies. It can also offset the losses of other companies." The company's profits can be used to reduce taxes. The most important thing is to significantly reduce our personal taxes. On the surface, the money in our personal accounts has become less, but in fact the money we can control will be more and more."

Bart and the others were confused, and only Angel understood it slightly. If they continue to separate everyone's shares as they did before, it will definitely result in the money earned being unable to be concentrated, and it will also make the government's tax department very happy.

If Alex follows this approach, it is possible that the taxes they pay will be reduced a lot.

for example. Alex owns shares in Company A. Richard owns shares in Company B. Company A makes a profit in the first year. Company b is losing money, so Alex’s company will have to pay taxes, but Richard’s company will not have to pay taxes.

In the second year, it was just the opposite, and Company A suffered losses. Company b is losing money. Then their situation just turns around.

No matter what, one of them has to pay taxes. For the Carpenter family, this tax must be paid.

But if we change the approach, let Alex and Richard's shares be put into an investment company, so that Company A and Company B become subsidiaries.

In this way, whether it is the first year or the second year, the tax situation depends on whether a and b are combined to see whether it is profitable. Even if it is profitable, the tax they have to pay will be much less because the other company is losing money. For the Carpenters, taxes were suddenly reduced.

When there are more subsidiary companies. This effect will be more evident. This is just one of the benefits. Another benefit is that the flow of funds is much more convenient, and each company's ability to resist risks is also higher.

The meeting that had the greatest impact on the Carpenter family was held in such a relaxed and natural atmosphere. The Carpenters did not realize the significance of this meeting at the time, but they would only learn how important it was years later.

soon. They began to consolidate the existing company shares into cpt investment company and divided the proportion of shares held by each family member. Among them, Alex holds the largest share, with a total of 40% of the shares. In fact, according to the opinion of the Carpenters, they wanted Alex to account for more than half, but Alex refused.

"I don't need to hold so many shares, just let me have control! If there are too many shares, the higher the tax paid to the government. You don't want me to pay too much tax either! Haha!"

Regarding his statement, the Carpenters also felt that it was correct, so they did not insist on it anymore.

Next are Bart and Angel, who each hold 20% of the shares, and the couple together have a total of 40% of the shares.

Richard and Karen each hold 10% of the shares, so that all shares are distributed one by one.

It will take some time to get this thing done, and Alex's most urgent priority is to deal with TWA's affairs first. He first signed a contract with Hughes and purchased 78% of Hughes' shares for US$500 million. This was just the beginning, there were still many troublesome things for him to deal with.

Not long after acquiring the shares, the Wall Street banking group over there had applied to the court for a verdict.

When the Boeing Aircraft Manufacturing Company faced difficulties and couldn't turn over funds, it quickly delivered all Boeing 707 large passenger aircraft to Trans World Airlines. According to the order contract signed by Howard Hughes and the company's president, Trans World Airlines had to pay off the purchase of 33 large passenger aircraft. Hundreds of millions of dollars are owed on airliners.

In order to raise funds, he appointed his personal lawyer Kirk as the plenipotentiary representative of the funds and loaned nearly US$300 million to the Yoron Reed banking group to purchase the aircraft. As a result, he did not expect that he had stepped into a trap carefully set by others. When there was a problem with capital turnover, the borrowers immediately revealed their true colors.

The Yoron Reed Bank Group belongs to the Rockefeller Consortium system. As the Rockefeller Consortium, which mainly operates oil, has never given up its intention to annex the Hughes Tool Company and has been waiting for the opportunity. This time it seems that Hughes has thrown himself into the trap. .

The U. L. Reed banking group pressed forward step by step and continued to exert pressure, requiring the shares of Hughes Tool Company to be used as collateral, but Hughes firmly refused.

Hughes Tool Company is the foundation of the Hughes family. At the beginning, Hughes' father warned him that he could not hand over Hughes Tool Company to others under any circumstances. He always keeps it in mind!

The Rockefeller Group served as the main backer of the Republican Eisenhower administration. Its chairman, Douglas Yulon, also serves as the Under Secretary of State for Economic Affairs and has great financial power. At this time, he didn't take the isolated Hughes seriously at all, and just wanted to take advantage of this opportunity to annex the Hughes Tool Company as soon as possible.

At first, they just wanted to achieve their goal through negotiation. The negotiations were intermittent because Hughes wanted to raise funds through delaying. Later, he became impatient, so he completely rejected the other party's request for negotiation.

This made the Rockefeller Foundation very angry, and they immediately applied to the court to intervene. By this time, Hughes had other plans. He decided that he would not hand over control of TWA no matter what, so he sold his shares to Alex. Trying to kill two birds with one stone this way.

This strategy of the Rockefeller Foundation was correct. They knew Hughes had serious mental illness. Afraid of appearing in crowded places, let alone situations like court. They are very confident that Hughes will definitely not appear in court, so that the court can naturally award control of these shares to them.

In fact they are right. It is true that Hughes will not appear in court. He would rather lose control of TWA than appear in public.

On this day, everyone was waiting for the owner of TWA to appear in court. Everyone present sat patiently in their seats.

The judge asked about the cause of the matter as usual, and the bank group's lawyers also stated their evidence and requirements. In short, the purpose was to either pay back the money or award them control of the mortgaged shares.

After the judge listened to the prosecution lawyer's statement, he said seriously: "Then the defense lawyer will give his answer!"

The lawyer hired by TWA then stated that there was only a temporary problem with the company's operations. Although the money cannot be repaid at present, the aviation market is developing rapidly, and the loan can be repaid in the next few years. In order to protect the rights and interests of the company's thousands of employees, he asked the bank to give him a little more time and not press so hard.

"If you don't repay the money, you must hand over control! Only in this way can the repayment period be extended!" said the prosecution lawyer.

"The control rights of the company's shares must not be given away. This is private property, and the debt is the company's behavior. You cannot deprive personal property just because of this!" the defense lawyer objected loudly.

"But the one who made the loan decision is indeed TWA's largest shareholder, so the responsibility must be borne by him, right?" The prosecution lawyer immediately replied. He paused and then said: "Since you said this share is If it is personal property, then please ask the owner of the property to appear in court to testify and explain the reasons."

"I object!" the defense lawyer said: "This is a judgment against a company's loan, not an individual case. I don't think our individual shareholders need to come forward."

Your Honor looked at the lawyers on both sides, then knocked his gavel and said: "The objection is invalid. The actual controller of the company has an obligation to cooperate with the court investigation!"

The prosecution lawyers and the bank team were all smiling. They thought their side had a guaranteed victory. Everyone knew that Hughes would not appear in court. In the several court debates before this, Hughes was not seen coming out for investigation.

"Win! We will definitely win this time!" There was such a look in their eyes.

"Then please invite the owner of Trans World Airlines to appear in court!" the judge said.

There was silence in the court, even the defense lawyer had nothing to say, and the spectators watched nervously what happened in the court. They knew that this was a critical moment, and if they did not appear in court, the judge might issue a sentence immediately.

"Defense lawyer, can you give me an answer as to when the company's largest shareholder will be able to appear in court to testify?" the judge continued to ask.

"Uh, this..." The defense lawyer felt embarrassed. He had asked Mr. Hughes before, but the answer he received was that he would never appear in court for questioning.

The judge looked at the defense lawyer, and everyone in the court looked at the defense lawyer. Everyone is waiting for the defense lawyer to say that sentence. As long as he says that sentence, the court debate will be over. If the prosecution wins and the defense fails, the control of TWA will belong to the banking group, and they will be able to do whatever they want to TWA.

Finally, the defense lawyer replied helplessly: "Our witness cannot appear in court for questioning. This is due to physical factors. Please take this into account, your honor!"

The judge could not comment. He stared at the defense lawyer and said: "If he can't appear in court, I don't think he attaches too much importance to this company, so the control of the company is nothing to him. He will hand over the company to others." It’s something people can accept.”

The defense lawyer became anxious and quickly retorted: "Your honor, this is not true. Our witness is indeed unable to appear in court due to physical discomfort. This company is very important to him."

"Okay! No matter what, I think the verdict can be announced." The judge ignored the defense lawyer's words. He looked at everyone in the courtroom. Prepare to pronounce the verdict that has been decided for a long time.

Everyone in the court held their breath, waiting for the judge's final verdict.

Just when the judge was about to pronounce the sentence, there was a "bang!" and the door of the court was opened. Several people walked in from outside the door. Among them, walking at the forefront was a young man with blond hair. He was in high spirits and looked at the people present with a smile.

"Look, that's Alex!"

"Strange, what is he doing here?"

Many people immediately recognized that this blond young man was the person who had been reported in the news media every day more than a month ago. Suddenly, people in the court were talking and making countless noises.

The judge banged the gavel hard and said loudly: "Silence! Silence! Silence!"

At the same time, he looked at the court police on both sides. He signaled them to come out to maintain order and said: "Anyone who has nothing to do with this case, please do not disrupt the order of the court!"

"Your Honor, I am exactly the witness you are looking for. The defendant in this case is the owner of Trans World Airlines. The owner of 78% of the shares." Alex immediately identified himself without waiting for the court police to come out and chase them away. .

These words immediately caused an uproar. Not only the defense lawyers, prosecution lawyers, and bank team members were surprised, but also the reporters and audiences present. They all thought TWA was owned by Howard Hughes and never thought it would become Alex.

At this moment, even the judge and the court police were unable to control the order of the scene, because even they were confused. Everyone was surprised by this sudden incident, and the reporters were as excited as if they had been given a shot of chicken blood. This is big news that can make headlines!

"When did he become the majority owner of TWA?"

"What about Mr. Hughes? Did he sell all his shares to Alex?"

"This is really surprising! Hughes doesn't appear, but Alex does!"

"Now we have a good show to watch. I'm afraid there is a deep adultery involved!"

Immediately, a reporter rushed to the front and asked loudly: "Alex! Alex! When did you become the major shareholder of TWA?"

Alex nodded to him with a smile and said, "Just a few days ago, it was difficult to complete the procedures, so it took so long."

"Did you buy the shares from Mr. Hughes?" another reporter asked.

"If I didn't buy it from him, would there be someone else who owns 78% of the shares?" Alex asked.

The Carpenter family originally held 5% of TWA's shares, and together with the 78% they bought from Hughes, they owned a total of 83%. In other words, TWA is now fully owned by the Carpenter family.

"How much did you spend to buy the shares?"

"No comment!"

"May I ask if you were tortured during the days when you were kidnapped by the kidnappers?"

There were actually reporters asking about what happened more than a month ago. Alex had already made it known that he would not accept interviews in this regard. But the reporters just didn't listen. They were really stubborn.

Alex gave the reporter a cold look and replied, "No comment!"

"Dong dong dong!" The judge finally came to his senses. He banged the gavel with such force that he almost knocked a hole in the table.

"Silence! Silence! Silence! The court police will drive those who disturb the order out of the court!"

Under such a threat, the reporters left in anger, and Alex was able to break out of the encirclement and come to the defense lawyer. He asked someone to hand over some documents to the lawyer, and whispered a few words to the lawyer to let him know the current situation.

The defense lawyer hurriedly browsed through the documents he received to make sure they were correct. Get ready for the next round of defense.

At the judge's signal, Alex slowly walked to the front. At this time, he was already over 1.8 meters tall. He looked a bit tall and had a rosy face. Even when facing the gazes of so many people, he did not show any shyness. look.

Alex walked up to the expressionless judge, bowed deeply, raised his right hand and swore not to tell lies.

The judge was wearing a black judge's uniform and had a straight face. Old-fashioned. Staring at the young man in front of him with sharp eyes like an eagle. he thought to himself. What kind of ability does this little guy have? He can have so many dazzling auras at a minor age, and he can also create such a big career with his bare hands.

In court, Alex was eloquent. Elaborate on various opinions and facts, and demonstrate your ability to repay the loan. He was very knowledgeable and answered fluently the airline's various questions.

He was not only familiar with the company's management business, but also understood the aircraft manufacturing technology. He also put forward some ideas for future market development on the spot, which made the principal leaders of the company present admire him.

This would show that Alex not only owned a stake in the company, but also had the ability to manage it.

With great support from Alex. The defense lawyer went all out, rejecting the prosecution lawyer's requests one by one, and pointed out that the other party's real intention was not to get back the loan money, but to control TWA and thereby monopolize the U.S. aviation market.

After more than an hour of verbal exchanges between the two sides in court. There was a heated debate, and soon the banking group was defeated.

The most critical point is that Alex showed the court a deposit certificate of more than 300 million US dollars. He said: "I am personally fully capable of paying off the loan. If all the shares of this company belong to me, then I The money can be handed over to the Yolong Reed banking group now. But unfortunately, we are a listed company and must follow strict rules and regulations, so we ask the banking group to give us some more time."

"We will definitely repay the money, and we have the ability to do so, but I don't know why the bank group ignores the reality and blindly pressures us to take out the money immediately? What kind of ulterior motive does this have?"

This was indeed a fatal blow, completely leaving the people of Yoron Reed's banking group speechless. They also know that if they continue to press, TWA's equity will only become more concentrated. If they want to take it away from Alex, it will be even more difficult.

Now that Alex not only proved that he owned the absolute shares, but also proved that he could afford to repay the loan, the judge announced in court that he would let them go back to discuss the repayment time, and it no longer fell into the category of civil dispute cases.

As a result, the loan period will naturally have to be extended. Otherwise, TWA would have to raise capital, which would be the best outcome for Alex. He can take the opportunity to invest money to enter, expand his own shares and reduce other people's shares.

Such a situation was a waste of time for the Rockefeller Foundation. At the same time, through this method, Hughes also made it clear to others that he would rather be broken than destroyed.

It seems that the Carpenter family is the only party that benefits from this incident, but this is not necessarily the case.

After Alex got the shares, UU Reading www.ukkshu. net further investigated and learned that the Rockefeller syndicate was behind the banking syndicate. At this time, he understood that Hughes was killing two birds with one stone.

Hughes knew that he could not afford the cash to repay the bank consortium. If he wanted to delay the repayment deadline, he would have to negotiate continuously and conduct a long public prosecution and defense. It is a pity that he does not want to testify in court and will not testify in court. So knowing that he has lost control of TWA, he would rather give these shares to others than to the enemy.

Although the Carpenter family had just emerged less than ten years ago, it was gaining momentum, and he was very optimistic about Alex. In order to bring the Carpenters down, and to tie Alex tightly to his side, he chose to sell his shares to the Carpenters.

It seemed like he had lost $500 million, but in fact he had lost nothing at all. At most, it can only be regarded as making less money. Hughes naturally has an account in his mind. With this US$500 million, many difficulties can be easily solved.

When Alex thought of Hughes, his comment was: "What an old fox!"

ps:

The monthly ticket is doubled, support the home cat!

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