Reborn American Giants
Chapter 231
On January 22, all day long, major media in New York were reporting on the news about the jointly founded energy company. Among them, the New York Times reported that “Texaco and Exxon once again joined forces.
This is the first alliance between two companies after they lost their oil-producing areas in the Middle East. This alliance means that they have realized that in the current international energy market, it is no longer feasible to continue to fight alone. The actions of these two giant companies may provide
Other small and medium-sized energy companies have opened up another development direction in the post-energy era."
The International Herald Tribune therefore invited the dean of the School of Management from Columbia University, the famous economist Jeffrey Garten, and Phil Flynn, the oil trading analyst of Merrill Lynch's futures trading department, to launch a heated debate in the newspaper.
In the debate, both sides with different views carefully analyzed the impact of the combination of Texaco and Exxon in the joint founding energy company project.
Phil Flynn believes that at the current moment when international oil prices are high, the alliance between Texaco and Exxon is an excellent strategy in the face of economic downturn. From the perspective of financial markets, investors are more interested in companies with well-known companies.
Influential companies, therefore, the joining of two giant energy companies in Co-Creation Energy can enhance investor confidence and further boost the trend of the stock market and energy market. This has many benefits for the current US economy.
Jeffrey Kato holds a different view. He looks at this matter from a pragmatic perspective. The alliance between the two powers will further create a market monopoly, both for competition and for other small and medium-sized energy companies.
It's all bad news.
Originally, Texaco and Exxon were the top large multinational energy companies in the United States. Now the two sides have a tendency to further join forces. From a long-term perspective, the public's demand is to lower oil prices. Since the 1950s, the international
The long-term control of the oil pricing power by the Seven Oil Sisters has shown that the oil giants will always only care about their own interests, and it is impossible to take the initiative to lower oil prices.
Of course, the media did not give unanimous praise, and Texaco did not sit back and relax.
Hof Lidke of Penzer Company has spent a lot of money and is still clinging to Texaco, making a fuss about the merger between Texaco and Getty Oil. For example, the Washington Post reported
Connecticut Attorney General Richard Blumenthal reportedly expressed strong opposition to Congress over Texaco's merger with Getty Oil. He said: "If this merger is allowed to happen, half of the Northwest and Mid-Atlantic regions will
73% of the city's retail market is controlled by the country's four largest oil companies."
Chicago Tribune: "The merger is staggeringly large... but has absolutely no compensating social or economic value. It means nothing to national energy policy or to antitrust policy."
The Business Journal declared: "The corporate activities of Texaco and Getty Oil show that the federal government has basically given up on antitrust efforts and allowed these companies to pair up freely."
………
Throwing the newspaper in his hand on the table, Victor rubbed his aching forehead. After yesterday's signing ceremony, the newly born Co-Founder Energy Company also held a grand banquet at the Pierre Hotel, inviting guests including New York City
Mayor Giuliani, City Council Republican Leader Michelle Marks, Bear Stearns CEO Alan Swartz, **** Chairman and CEO Jamie Dimon, etc.
Big shot of the era.
At the same time, there were Jennifer Connelly, rock star Jon Bon Jovi, Oscar winner Robert De Niro and other celebrities. A celebration party was held for about half of New York's truly powerful people, including Texaco.
The influence of Exxon is evident. In the end, Victor had no idea how he got back to the hotel. He just woke up and saw a beautiful woman with a slim waist and long legs on his bed, but he had no memory at all.
No.
Arrange Ato to prepare the vehicle. Victor still has important things to deal with today, which is the income of the Caribbean Investment Fund. Zelda follows Victor's instructions and when the price returns to 157 US dollars per share on the New York Stock Exchange,
He began to slowly sell off the 27 million shares of Texaco stock he held.
This operation was completely insider trading, but Victor had already responded to the supervision of the US securities regulatory authorities. In addition to concealing the source of the funds, he also instructed Zelda to disperse the funds to hundreds of companies in London and Hong Kong.
Perform operations within a financial account.
Now that these stocks have been sold, the final income is really satisfying. Caribbean Investment Fund began to absorb a large amount of Texaco shares at a price of 99 US dollars, with a total investment of 2.529 billion US dollars, and a final income of 1.524 billion.
, with an investment return rate of 60.2%, excluding the principal and returning US$1 billion to Oliver Levin, a fat British man, Victor's net worth finally reached more than US$3 billion.
Now the money is lying quietly in the Caribbean Investment Fund's account at Citibank. Victor is going to Citibank today to handle the money.
At the intersection of Lexington Boulevard and 53rd Street in Manhattan, New York, Victor stood outside the gate of Citibank's headquarters in Manhattan, looking at the glass curtain walls of the 59-story Citigroup Center building reflecting in the sunlight.
Under the dazzling light, the front door is supported by four Ionic columns, forming an open colonnade. Through the rotating glass door, you can also see seven square columns in the hall and pilasters on the inner walls.
There are antique carvings on the top.
Stepping up the steps and before entering the door, a waiter standing in front of the door had already respectfully adjusted the revolving door to the appropriate position, and bowed to Victor and his group with a smile.
It seemed that because it was morning, there didn't seem to be many people doing business in the hall at the moment. When Victor, Nathan and Ato walked in the smooth hall that could print faces, there was a receptionist immediately.
The staff came to inquire and learned that Victor was a customer with an appointment, and he diligently took Victor and his party to the VIP lounge.
If Citibank knew Victor's true identity, it would be basically impossible for Victor to open an account in such a place and transfer large amounts of funds. When he came here today, Victor did not need to do anything else, he only needed to provide
Proof of personal identity and filling in some documents, the bank people will naturally take care of the rest for him. This is the benefit of having money.
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