Chapter 154: The East Coast Consortium(2/3)
An investment genius who is even more exaggerated and powerful than the stock angels of the past.
With the example of Stock Angel in the past, who wouldn’t want to have such a money tree?
His eyes returned to the circle that was most valued.
After Morgan and Rockefeller.
The other old guys in the circle also smiled and shook hands with Abel and introduced themselves.
Except for Morgenthau and his two brothers.
Among the three remaining old men, one is named Richard Cargill.
He is a member of the Cargill family and a member of the board of directors of Cargill.
Cargill is one of the two largest private companies in the United States, similar to Koch.
At the same time, it also has a more famous name.
It is one of the four major grain merchants in the world and is the c in abcd.
There is also an old man named John Pritzker.
This John Pritzker is the old man present, the youngest one.
His surname is also legendary.
The Pritzker family, which owns the Hyatt Hotels Group, is one of the wealthiest families in the United States.
In order to avoid taxes, the family founder designed more than 1,000 unrelated family trusts to hold the family's property.
The founder hopes that this structure will maintain the family fortune.
production, which will last until at least 2042.
However, despite the complex trust system binding equity.
In the end, it is difficult to escape the complex human heart.
In recent years, the family's internal conflicts have become increasingly serious.
It is estimated that the more than one thousand trust funds will not be able to sustain until 2042.
The last old man was named Thomas Peterfield, and his status seemed to be the lowest among everyone present.
Because he stood on the periphery of this circle and always had a smile on his face.
In fact, compared to others, Abel knew about the existence of Thomas Peterffy.
Strictly speaking, two people are still traveling together.
Thomas Peterffy is the founder of Interactive Brokers. He is a pioneer in computerization and programming on Wall Street in the United States.
He was the first rich man to introduce computers into securities trading on a large scale.
As for the other two Morgenthau, one is the district attorney of New York State.
One is Robert's brother, Rod Morgenthal.
The other is the District Attorney of New Jersey, Raleigh Morgenthal, Robert's brother.
As expected, they are from a family of prosecutors, and all they need is a Supreme Court justice.
The identities of these people are basically the same as the last time Abel was at the golf course in the suburbs of Houston.
The heads of the Texas consortium families I met all had similar identities.
Abel's attitude towards them was similar to the last time he dealt with the Texas consortium.
But he knew the forces behind these people.
Added together, it must be much stronger than the Texas Consortium.
Let’s not talk about others yet.
Rockefeller and Morgan.
They represent two of the top ten financial groups in the United States.
Those who are left,
Behind them, there is also the vague power of these financial groups.
Strictly speaking, these people should be called the East Coast Consortium.
It is a huge force entrenched on the east coast of the United States, and its influence radiates to most of the United States.
Compared to several other consortiums, there are West Coast and South.
These wealthy conglomerates on the east coast are the true white flag of the United States.
When the United States was founded, the thirteen states were all on the East Coast.
Compared with here, places like the West Coast and Texas can only be said to be rising stars.
The last meeting with the Texas consortium ended with Furui Muha.
Subsequently, except for John J. Brown, the relationship with Smith Capital became closer.
Abel's original expectation that he would be able to enter the Texas consortium did not happen immediately.
He didn't know whether the other party was thinking about it or for other reasons.
But today, these East Coast wealthy families.
Abel found that the performance of these old guys was similar to that of the Texas Consortium.
After getting to know each other, we started chatting.
Although they mainly talked about business matters, they were all just interesting things.
For example, let’s talk about the impact of the current oil price of around US$22 on the United States and the world.
These are some ordinary people who will feel superior when they hear it.
But the elites in the circle heard it, but didn't feel anything about it.
Coincidentally, Abel is probably not considered an elite in this circle.
At this moment, after Abel had finished listening, he felt as if a group of high-ranking political parties were discussing content that he could not quite understand.
It’s just that what these people discuss is mainly economic and financial.
Abel felt sleepy after hearing this.
He doesn't like to hear these things, and many times he doesn't even understand them.
He felt that instead of spending effort to understand these things, it would be better to build a more complete and useful think tank.
Encountering business choices and difficulties,
Just ask the think tank to list several options for you.
Just choose among these options the ones that are most beneficial to you, or those that are less difficult to implement, or have a higher success rate.
He himself only needs to be responsible for acting as the anchor of stability in the capital market and financial market.
There are specialties in the art industry.
Abel feels that there is nothing shameful in being ordinary in something he doesn't understand or is not good at.
Anyway
As long as Wall Street does not collapse, labor and capital will be the strongest!
With this intention, he did not participate in such high-level discussions.
Just standing in the circle with Peggy Morgenthau, smiling.
Watching these old men with the most distinguished status in the United States chatting like they are political parties.
His quiet behavior finally attracted the attention of the old men.
David Rockefeller asked:
"Mr. Smith, you have performed very well in international crude oil a while ago. So what do you think will be the impact of maintaining a crude oil price of around US$22 under the current circumstances?"
Abel, a while back, commanded and controlled Smith Capital.
In the two months from early September to the end of October, during this crude oil fluctuation cycle.
I have completed a long and short investment experience, with a total profit of more than 4 to 5 billion US dollars.
This matter can be hidden from ordinary people, but not from these guys who are inextricably linked to Wall Street banks.
In the eyes of these old men, this is no secret.
This is also Abel's biggest hidden danger at present, and he has already noticed it.
But there is no good way yet.
That is, he currently does not have a large bank of his own!
This is a later topic, so let’s not mention it for now.
To be continued...