Reborn Brazil as a Plutocrat

"You are the major shareholder of Richfield Company! You can decide how to develop it yourself!"

Regarding the future development of Ridgefield Company, Morgan believed that Fang Lang must have had an idea in his mind for a long time, and now he suddenly asked himself to discuss the development of this company.

Morgan's first thought was that this guy has no good intentions.

Therefore, I directly express that I am a small shareholder and you make the decision yourself.

"Mr. Morgan, small shareholders are also shareholders! You can't leave the company alone!"

How could Fang Lang let such a thick thigh go without hugging him!

Morgan obviously did not expect that this guy would stalk and beat him like a child.

Even though I knew this guy was acting, I had to smile and said:

"Then tell me, what should we, the small shareholders, do so that we don't leave the company alone!"

Seeing Morgan's smile, Fang Lang smiled even more happily.

"Don't worry! Mr. Morgan, as long as Morgan Bank provides a loan to Richfield Company, Richfield Company can come back to life."

Regarding Fang Lang's request, Mr. Morgan was non-committal.

After all, providing loans to companies is a normal business of the Morgan family bank, and there is nothing embarrassing about it.

"It's such a trivial matter, do you need to act like a child?"

"So Mr. Morgan, you agree?"

Fang Lang said with a surprised look on his face.

Looking at Fang Lang's expression, Morgan's heart tightened and he quickly said:

"What do you mean I agreed? Bank loans need to be handled at the bank. You need to provide collateral and explain the purpose of the loan.

You don’t even need to come to me for this kind of business practice!”

How could Fang Lang not understand that he was happy too early and woke up the fish that bit the hook?

I cursed secretly that I was too anxious.

"I'm not thinking that since you are also a shareholder of the company, can't I just arrange this kind of small business directly with you?"

"What you say is nice, but you definitely have no good intentions.

Tell me, now that Richfield Company is in your hands, how do you plan to develop it?"

How could an old fox like Morgan be fooled by Shang Lang?

It exposed Fang Lang directly.

Seeing Morgan asking about the company's development direction, Fang Lang could only bite the bullet and said:

"I am prepared to continue investing in exploration of the oil fields in the Prudhoe Bay area."

Fang Lang originally thought that Morgan would raise objections directly, but unexpectedly, the other party said as if he had expected it:

"So, the reason why you acquired this company is to enter the oil industry, right?"

Fang Lang did not deny this.

Nodding and saying:

"Yes."

"What about the next step? Can you tell me about it?"

This question makes Fang Lang a little embarrassed. He can't say that he knows that there is a large oil field in Prudhoe Bay, and he can make a fortune just by digging it out!

If you really say this, I guess you don’t have to think about loans, and it is more likely that others will withdraw their shares.

For a moment, his mind was racing so fast that Fang Lang's face turned red, and he finally found a reason and said:

"After straightening out the company, I plan to shift the development direction to South America. After all, our neighbor Venezuela is a big oil country."

When talking about oil, the first target in many people's minds is the Middle East countries. Many people ignore that there is another country in South America with huge oil reserves, which is Venezuela.

It's just that the Venezuelan government has played a good card badly.

In 1975, Venezuelan President Chavez announced that he would nationalize the country's oil industry and expel all domestic oil companies from European and American countries.

This is understandable. After all, it is normal for the country to control its own resources.

But after Venezuela nationalized its oil, it completely hung on the oil tree and did not consider developing other industries at all.

Instead, the money earned from exporting oil has been turned into the country's high welfare, free medical care, free housing, etc.

Later, they simply distributed the money directly to the people.

The result is that ordinary people don't have to do anything, just sit at home and get paid.

It turns out that agriculture, the main economic pillar industry before the emergence of oil, was directly abandoned.

The population began to gather in cities on a large scale, and the ratio of urban population to rural population was as high as nine to one.

According to some of our experts now, perhaps Venezuela will become the country with the highest happiness index in the world.

However, all welfare benefits in Venezuela are based on high oil prices. With the sharp drop in oil prices in the 1980s, Venezuela's high welfare policy, which was like a castle in the air, went bankrupt.

Ninety percent of the population lives in cities, doing nothing to produce and having nothing to eat or drink.

And after decades of high-welfare upbringing, these people no longer know how to farm.

The subsequent government even carried out a series of outrageous operations, which led to the government's high debt level and directly transformed it from the richest democratic country in South America to one of the poorest countries in the world.

Later, in order to maintain his position and let voters continue to vote for him, President Maduro began to print a large amount of currency and distribute it to the people, and at the same time, he hoped to use currency devaluation to solve inflation.

The consequence of this is that the currency depreciates rapidly and loses its original purchasing power.

In April 2021, Venezuela even announced the issuance of banknotes with a face value of one million bolivars.

The exchange rate with Rmb is about 380,000 bolivars, which can be exchanged for one dollar.

Under such circumstances, if the government gives everyone 10 million per month, it will only create more millionaires.

And cannot change the current situation of poverty.

Of course, Venezuela is just starting out at this time, and it is not impossible for Fang Lang to get involved. After all, in South America, regardless of the background of an American company.

It still has something to do with Brazil. If you want to get a share of the pie, there is always a chance.

So when Fang Lang said these words, Morgan really believed that this was Fang Lang's real plan.

After all, it is understandable for a South American to focus on South America.

At this time, Venezuela is indeed a huge sweet potato in the eyes of Americans. If Fang Lang is really able to get a piece of the Venezuelan oil industry.

Morgan believes that his investment will definitely get a huge return.

With such expectations, the loan Fang Lang wanted was a minor problem.

"Then how much loan do you want?"

"How about ten million dollars."

Morgan knew that Fang Lang must be harboring something bad, but when he heard the number reported by Fang Lang, he was still shocked by his shamelessness.

"What? Are you crazy?

You just spent $10 million to acquire this damn Ridgefield company, and now you're going to use this crappy company to get a $10 million loan from Morgan Bank."

Fang Lang didn't really expect to get a $10 million loan from Morgan Bank so easily.

However, considering that Morgan owns 10% of the shares in Richfield Company, it is definitely much easier to get a loan than ordinary companies outside.

The biggest question now is whether Richfield Company has such valuable collateral.

"What if I told you I was sure I could get oil out of Prudhoe Bay?"

"Fang, you have to understand that it is impossible for me to provide you with an unsecured loan for your expected income.

If you can use the Universal Group in your name as a guarantee, then I think this loan application will be very easy to pass."

Fang Lang didn't understand that this old guy Morgan obviously had bad intentions.

"If that's the case, would the Morgan family mind if I once again introduce new shareholders to our new Global Oil Company?"

Morgan obviously did not expect that Fang Lang would have such an idea.

In principle, as the largest shareholder, there is no problem for Fang Lang to introduce new shareholders into the company.

However, Fang Lang proposed it after Morgan refused the loan.

Morgan felt that the shareholder Fang Lang wanted to introduce might not be compatible with his family.

Thinking of the industry this company was engaged in, Morgan immediately had his own goal in mind.

"You want to bring in the Rockefeller family?"

It's not that the Morgan family and the Rockefeller family have any grudges. The two families can only be said to be in a competitive relationship.

During this period, the Morgan family was obviously more powerful. The Rockefeller family would not truly surpass the Morgan family until the oil price increased rapidly in the 1970s.

Of course, this lead did not last long. With the decline in oil prices in the 1980s and other factors, the wealth of the Rockefeller family also slowly declined, and was overtaken by the Morgan family again.

However, the competitive relationship between capitalists is sometimes tense, and the progress of the other party means our backwardness.

More importantly, the Democratic Party in the United States belongs to the Morgan family, while the Republican Party belongs to the Rockefeller family, although this is not absolute.

But it also reflects that the two families actually have some conflicts.

When Morgan thought that Fang Lang wanted to introduce the Rockefeller family, Morgan's first reaction was to be angry. It does not mean that people who do business with the Morgan family cannot do business with the Rockefeller family.

This situation is impossible to avoid.

What makes Morgan unhappy is that he feels that Fang Lang is using the Rockefeller family to put pressure on the Morgan family.

Therefore, when he asked this question, his tone became obviously unfriendly.

Seeing Mr. Morgan's reaction, Fang Lang understood that if he really said that he wanted to introduce the Rockefeller family, the friendship he had finally established with the Morgan family would instantly collapse.

At this time, Fang Lang could only fight to death without admitting that this was what he was thinking.

"Mr. Morgan misunderstood me. No matter how dizzy I am, I will never do such a thing, right?"

In fact, Fang Lang really considered bringing in the Rockefeller family. After all, the oil industry is their main position!

As a Brazilian, he controls the future largest oil field in the United States. No matter how he thinks about it, Fang Lang feels like he is playing with fire.

Although this company has 10% of the Morgan family's shares, how could this inconspicuous 10% be concealed? What about the 90% of your own shares?

The most important thing is that Fang Lang thinks that through this company, establishing a connection with the two largest consortiums in the United States will be very beneficial to the future development of his company in the United States.

At least no one would dare to target their own company easily.

Regarding Fang Lang's sophistry, Morgan was not easily overcome by him.

Asked directly:

"Then who do you want to make one of the new shareholders of this company?"

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