Resource Tycoon Reborn

Philip's mood was very complicated. On the one hand, he was in grief about losing his father. On the other hand, he had received the exact news and could not suppress the joy in his heart. Becoming the patriarch of the family can be said to be

It has been the dream of every member of the Welf family since childhood. Philip knows that his ability is not the best in the family. To be honest, Angelina has become the best among the third generation members of the Welf family.

Before his death, his status in the family was in a rather awkward position, that is, he was not as good as his superiors but more than his inferiors.

He originally thought that he would be the assistant to the next patriarch in the future, but he did not expect that the marriage of his daughter Angelina would become a "turning point" in his destiny. Since Angelina stayed in Pingchuan, he

His status in the clan has gradually improved, and now, he has taken over his father Welf's position on the board of directors of HSBC Holdings Co., Ltd. and Aselock Group, becoming the most powerful contender to become the next clan leader.

.Of course, until the dust settles, he is only the most powerful contender, not the final winner!

However, just a few days ago, he was called to Old Welf's bedside. In front of Ansprenger, Abendrot and Angelina, Old Welf asked him if it was caused by

He has come to serve as the next patriarch of the Welf family, so can he accept Fang Mingyuan as the family guardian? This news, like a bolt from the blue, stunned him, and it took him a while to wake up. As a direct descendant of the Welf family

Disciple, of course he knows that there have been several guardianship systems in the history of the family. For the contemporary patriarch, the existence of the guardian is like an extra emperor. All decisions on major matters must be approved by the guardian.

The trip can finally take place, and the guardian has the right to stop the patriarch's decision, and even has a veto power on many matters! This makes Philip reluctant in his heart. He is already over fifty, who wants to have a "father" to take charge of it?

Yes? Even if Fang Mingyuan is considered his cheap son-in-law!

But before he could express his position, Old Welf had clearly told him that if he could not accept Fang Mingyuan as the family guardian, then the next patriarch would not choose him, which put Philip in a dilemma.

Ansprunge and Abendroth told him bluntly that the reason why they listed him as the first choice for the next clan leader was because he had a relationship with Fang Mingyuan and his son-in-law, which would facilitate the two of them in the future.

Negotiate and unify opinions, otherwise, there are not no other optional members in the family. This statement made Philip fully realize the reality, that is, Old Welf and the others believed that it was necessary for Fang Mingyuan to serve as the guardian of the family, and who would be the guardian?

The next clan leader is optional. If he disagrees, the three of them will be kicked out as candidates for the clan leader.

Philip was puzzled. Although he knew that Old Welf and the others had always attached great importance to Fang Mingyuan, he never expected that they would entrust him with such an important task as the family guardian. Moreover, Old Welf and the others were like this

This is undoubtedly due to their distrust in the abilities of these second-generation members. To put it bluntly, Old Welf and the others believe that no matter who among them serves as the patriarch, there is no guarantee that the Welf family can at least maintain its current status.

social status.

It was only when Ansprenger and Abendroth listed Fang Mingyuan's achievements and contributions to the Welf family over the years, especially when they warned the Welf family in advance, that the Welf family reacted

The credit crisis, financial crisis, economic crisis, plummeting oil and iron ore prices, Greek debt crisis and a series of other events were able to prepare in advance and avoid huge economic losses. It also made the Welf family face other wealthy families in Europe.

The family, especially the Rusk family, played an important role in reversing the unfavorable situation. Even if Philip was unconvinced, he had to admit that Fang Mingyuan did play an important role in the future of the Welf family.

In the end, after much thought, Philip decided to accept the position of patriarch and Fang Mingyuan as the guardian of the family. However, he still felt a little unable to turn around. He was obviously Fang Mingyuan's father-in-law, but he could not announce it publicly, and he was handling family affairs.

At the same time, we must listen to and respect Fang Mingyuan's opinions. Being an elder and patriarch really takes away a lot of fun.

However, no matter how depressed and unhappy he felt, Philip could still distinguish the priorities. From a personal point of view, being able to become the patriarch of the family meant that he had reached the pinnacle of the family! The patriarch of the Welf family, that's awesome

Definitely not a symbolic head like the Queen of England or the Emperor of Japan, but someone who has great power over family affairs and can truly mobilize the huge human and financial resources of the Welf family. From a family perspective, being the patriarch also means that he is the head of the family.

He is indeed more suitable than others and can better protect the interests of the family. No matter what, Fang Mingyuan is his son-in-law, right?

"Philip, are you still confused?" Ansprenger's voice suddenly came, which startled Philip, who was leaning on the pillar. Only then did he notice that Ansprenger had stood up at some point.

arrived behind him.

"Third uncle, what do you want to see me for?" Philip asked.

Ansprenger shook his head and said, "Come with me, I have something to tell you."

Philip followed Ansprenger obediently to a small conference room. Ansprenger asked him to sit down and then said: "The Greek debt crisis has now been exposed. Back then, Greece could

Behind their successful entry into the Eurozone, there was someone who helped them do their accounting and made their financial standards meet those of the Eurozone. Do you know who this person is?"

"You know, it is Goldman Sachs Group. It designed a set of 'currency swap transactions' for Greece, covering up the huge public debt for the Greek government, and also designed a variety of ways to make money without increasing the debt ratio. If

Future revenues from the national lottery industry and aviation taxes are used as collateral in exchange for cash. This allows Greece to meet the standards of a euro zone member on its books." Philip replied. This matter is not a confidential matter in the upper class of Europe.

, it had been leaked as early as 2004. Eurostat at that time had discovered that when Greece joined the Eurozone, the fiscal deficit was as high as more than 5%, far exceeding the Eurozone standards.

However, since Greece has already joined the Eurozone, they can only reprimand the Greek government and order reforms and make amends. But it is obvious that the Greek government does not take this matter seriously.

"Well, Goldman Sachs helped Greece design this series of plans to promote Greece's entry into the Eurozone, so it naturally knows the financial situation of the Greek government best. As an investment company, do you think they don't understand the consequences of the Greek government's actions? I don't understand.

If the Greek government says it does not carry out fiscal reforms, and if it goes on for a long time, the debt will eventually accumulate to the point where they can no longer cover it up, and what will be the consequences?" Ansplenger said.

Philip was startled for a moment, then a surprised look appeared on his face and he said: "You mean, Goldman Sachs Group still has a back-up plan to make money after the Greek debt crisis breaks out?"

Ansprenger nodded and said: "That's right! I have obtained some evidence that while helping the Greek government pass the Eurozone entry criteria, Goldman Sachs also purchased a 20-year credit worth one billion euros from our country's banks.

Default swap insurance spreads risk so that if there is a payment problem on the debt, the underwriter will make up the shortfall."

Philip frowned immediately. What Goldman Sachs did was undoubtedly kidnap Germany onto the Greek chariot that could have problems at any time. If the Greek government is unable to repay Goldman Sachs' investment, then Germany, which sells credit default swap insurance, will

The bank would have to pay Goldman Sachs one billion euros to cover its shortfall. Goldman Sachs must have received generous commissions when it designed currency swaps for the Greek government.

"And not only that, I suspect that Goldman Sachs is shorting Greek collateralized debt obligations and is also acquiring cheap credit default swap insurance related to Greece. Now I am collecting further evidence." Ansprenger solemnly said.

Authentic, "Think about it, what will happen if the Greek debt crisis cannot be resolved in time?"

"The price of collateralized debt obligations has fallen sharply, and the price of credit default swap insurance will rise sharply!" Philip said without hesitation, "You mean, even if the Greek debt crisis is not actively exposed by the Greek Prime Minister, Goldman Sachs will

Poke it out?"

Ansprenger shrugged and said: "Who can guarantee that this will not happen?" If the Greek debt crisis cannot be resolved quickly and the Greek government's ability to repay debts is doubted, credit default swaps related to Greek debts

Insurance will rise, and Goldman Sachs, which holds a large amount of credit default swap insurance, will be able to profit from it. This is why Philip said that Goldman Sachs Group may take the initiative to expose this matter. Of course, for this kind of thing, Goldman Sachs Group

Of course I won't take the initiative to go into battle personally.

"This means that next, Goldman Sachs is likely to bet on the Greek government's ability to repay its debt through some channels?" Philip said thoughtfully, "For example, the three major international rating agencies lowered Greece's sovereign credit.

Rating?”

Ansplenger chuckled and applauded: "Yes, we also believe that the three major international rating agencies are likely to lower Greece's sovereign credit rating. But behind this action, I am afraid it is not just Goldman Sachs.

group."

"There may be a U.S. government!" Philip gritted his teeth. Americans' attitude towards the euro is something that even a fool would want. Such a rare opportunity to attack the euro can also make Europeans speechless. How could Americans do this?

Ignore.

"However, it is impossible to sue Goldman Sachs Group. Although Goldman Sachs Group helped Greece enter the Eurozone and caused the emergence of the Greek debt crisis, currency swap transactions are difficult to characterize under existing financial regulatory laws, and

This behavior makes it more difficult to accuse Goldman Sachs of violating the law before the EU promulgates relevant financial supervision laws." Philip said bitterly. Greece and the countries in the euro area can be said to have suffered this dumb loss. As a member of the euro area,

At its core, Germany will definitely be greatly negatively affected by this incident.

"Yes, you don't have to think about suing Goldman Sachs. They have been in this business for many years, and these risks must have been avoided at the beginning." Ansplenger said helplessly, "I'm telling you this is

I hope you will find an opportunity to publicize this opinion in private as soon as possible in the future, just say it is your own idea, do you understand?"

Philip was startled again. Since it was said to be in private, it must not be exposed to the media, but in a small circle. And making such remarks in a small circle... He is not afraid of Goldman Sachs Group, but in this way

, if it was later proven that Goldman Sachs Group had indeed profited from the Greek debt crisis... Philip's eyes immediately lit up!

"Yes, it seems you have thought of it too!" Ansprenger said happily, "This is to help you establish your authority!" Since Philip wants to become the patriarch of the Welf family, what can he do without any impressive achievements?

?Whether it is externally or internally, Philip must show his abilities. In this case, it will only make sense to have Ansplenger, Abendroth and Fang Mingyuan to support him. Otherwise, not only

Outsiders will be greedy, and even within the own clan, there may be people who have second thoughts. Especially since Fang Mingyuan does not want his becoming the guardian of the Welf family to be made public, Philip needs to do this even more.

Ansprenger was also very happy to see Philip realizing the key so quickly. After all, from their point of view, the stronger the next patriarch is, the better. In this way, Fang Mingyuan

They can also be less involved in the affairs of the Welf family. This is a good thing for both Fang Mingyuan and the Welf family. Although they also believe that Fang Mingyuan is unlikely to control the Welf family all the time.

Although he has great power, he is not afraid of ten thousand, but he is afraid of the worst, and he is also feared by people in Europe.

The most ideal situation is of course that Philip handles all daily affairs. For some important decisions related to the general direction of the family's development, large investment projects, and important decisions, Fang Mingyuan's opinions must be listened to, and even Fang Mingyuan's opinions must be listened to. This is

The most reassuring.

This is what Fang Mingyuan hopes. After all, the Fang family's business focus has always been on the Pacific Rim. It is impossible for him to focus on Europe and sit in the Welf family for a long time.