Manhattan Reborn 1978

In David's apartment.

He lay on the bed and wrote the shooting plan for the investment program in a small notebook, and wrote some precautions below for Harvey to read.

I found another old notebook, thought about it, and wrote Ben Likert, followed by five stars.

When he comes back from home, he will focus on checking the latest trends in the bond market in the banking industry.

That incident that affected the financial and economic development of the United States for 30 years has happened now.

He looked through the previous records and found that the current chairman of the Federal Reserve was an old man whom he had never heard of.

David needs to find another opportunity to go to Stanley's database to collect more information in this area, five stars.

After he finished writing, he checked it over.

Well, no problem.

keep it.

He dug out all the small notebooks, put them in a backpack, and placed them by the window.

He got up and sorted out several program plans and put them on the coffee table in the living room.

Then go back to bed, lie down, empty your mind, and slowly fall asleep.

He is too tired.

----

Pine's side.

The three of them successfully returned to the Blue Crystal.

After getting out of the car, Pine took the two of them to say hello to Black Mike and express his thanks.

Black Mike opened the car door, held on to the roof of the car, smiled and saluted the three of them.

Got in the car, turned around and left.

The three of them watched the car go away, then turned and went upstairs.

They went directly to the living room on the top floor and sat down to start tonight's discussion.

He looked at Bloomer: "You talk too little tonight, tell me, man."

Blumer didn't rush to answer. He stood up, poured himself half a glass of wine and drank it down.

He poured another half of the cup, walked back to the sofa, sat down and said.

"David is talking about venture capital and angel investment business tonight. Giles, your brother's current company also has similar business in this area, right?"

Giles nodded.

He is the second son of the Morgan family.

His brother, Panaris Norton Morgan, was now slowly taking over control of the entire Morgan Bank.

Morgan Bank, established a subsidiary financial company, the Morgan Social Development Corporation, in 1971.

One of the company's main businesses is venture capital.

Giles unbuttoned his tie and shirt.

"Yes, the company just changed its name in 76 and launched venture capital business, but the business did not do well in the past two years."

"Then your family also invests in insurance companies, right?"

Pine nodded: "Yes, New York Life Insurance and Prudential Life Insurance both have shares."

"Bloomer, what do you want to say? Just say it."

"I want to borrow some money from my dad."

amount.

Bloomer’s answer is a little jumpy!

"Do you want to invest in Da Group?"

"Not entirely. I want to invest part of it in the business David talked about tonight, and the rest is going to be invested in the oil futures business."

Pine and Giles looked at Bloomer silently.

Bloomer's position in his family is both awkward and transparent.

He understood it himself, that's why he said to lend a sum of money.

"How much do you plan to borrow?"

"1 million dollars! But my father probably won't agree to this number."

Pine and Giles looked at each other, and Giles glanced at his watch. It was already past eleven o'clock.

"Dad should have rested by this time, right?"

"Well, I'll call home and have a look." Pine said as he picked up the phone.

After the call was connected, the butler's voice sounded from the other side.

Pine chatted with him for a while and asked about old Morgan.

"Mr. met several groups of guests tonight. The last one to leave just now was Mr. Seamus Norton. He is still in the study and has not rested."

Seamus Norton, Giles' uncle and his mother's brother.

The current Norton family, the powerful one, and the backbone of the Cleveland consortium.

"Okay, thank you! I'll call the study room now."

After hanging up the phone, he glanced at Giles: "Uncle Seamus just left. Sir is in the study."

Giles nodded.

This year is the most frequent visit to our home by Uncle Seamus.

It seems that the Norton family's business is also experiencing a lot of problems.

Pine took out the notes he had just taken in the nightclub and read them over.

The phone number in Old Morgan's study was answered.

A deep voice came from the other side: "Pine, is that you?"

"Yes sir, it's so late, are you ready to rest?"

"Haha, tell me, I'm still very energetic now!"

"Okay, that's it. We went to David's nightclub opening party tonight..."

Pine briefly introduced several businesses that David talked about tonight on the phone.

"Are you three here?"

"Yes, sir."

"Then turn on the loudspeaker, Giles, and tell us what you think about investment companies."

Giles glanced at Bloomer and Pine and gathered his thoughts.

"Dad, the venture capital business that David talked about tonight overlaps with the investment department business of our company. Do you know that the long-term investment income tax reduction passed by Congress this year?"

Old Morgan pondered for a moment: "I have heard about this. It should be at the end of last month that Elder mentioned this matter to me."

Elder, Pine's cousin, son of old Morgan's companion.

The eldest son of the Morgan family and partner of Panaris Norton Morgan.

Giles stood up and sat next to the phone and continued.

"When I was in college, I learned about venture capital from Professor Bartley. At that time, he supported Congress's entry into the financial market through pension funds in 74."

“So I think David’s prediction today that Congress will loosen investment restrictions through pension funds and enter the venture capital market in the next two years is most likely correct.”

"As for Stanley and the Social Development Corporation, our business in this area has been at a standstill in recent years."

"Our Morgan Bank trust investment business doesn't have much experience in this area."

"It's better to take advantage of this opportunity to pull out these departments, reorganize them, and establish a new investment company."

“It can be on the stage of TV investment programs and look for projects to invest in.”

"And we can cooperate with the angel investment company of David Plan, and wait until they find project investment and develop it."

"Our new company will take over the project, select high-quality ones for further investment, and complete the full-scale growth support and development investment of new projects."

"At the same time, new companies can also enter David's angel investment platform to find investment projects that we are interested in and cultivate their own investment management talents."

Old Morgan listened and smiled.

Venture capital is not new.

More than ten years ago, it was still popular for a few years.

It wasn't until 1969 that the long-term investment income tax rate was enacted to increase sharply, which directly killed this business.

Now, the TV investment program proposed by David is really novel.

According to the current economic situation, there is a high probability that many small businesses that are hungry for funds but cannot find investment will come to the show to try their luck.

However, he heard from his second son Giles that he wanted to invest and control this new investment company independently.

The media group I just mentioned a few days ago, Giles mentioned that he wanted to go solo, is he coming again this time?

What a young man! ?

Old Morgan did not continue the topic: "Well, why does the insurance company David mentioned attract you?"

Giles looked at Pine.

When Pine introduced it just now, he did not go into detail about the insurance company’s new products.

"Sir, I just took notes. Let me tell you about several insurance products launched by David."

"Well! Tell me."