1929 I am a chaebol in the United States
Chapter 113 Disappointed Adams
Fu Mingzhuo smiled as he watched the lady at the counter running upstairs in a hurry, while he himself sat calmly in front of the counter.
Henry came down from upstairs soon. He glanced at Fu Mingzhuo who was sitting at the counter and frowned. He had recognized Fu Mingzhuo. But he didn't understand what Fu Mingzhuo was up to today.
He came to Fu Mingzhuo and said to him with a smile:
"Manager Fu, why did you come here in person today? Usually, the finance department comes here. Why didn't you notify us before you came? We can send someone to receive you!"
Fu Mingzhuo was a little confused when he saw Henry. He didn't come to the bank often, so he didn't know Henry. He asked, "May I know who you are, sir?"
Henry said: "I am the new general manager of Guozong Bank."
Then Henry took out a business card and handed it to Fu Mingzhuo. Fu Mingzhuo took a look at the business card and said:
"Manager Henry, our company is going to build a branch in Los Angeles soon. I am here to withdraw a large sum of money for the construction of our new company."
Henry looked at Fu Mingzhuo with a worried look on his face and said, "Manager Fu, you are going to withdraw 10 million at once. Our bank doesn't have that much cash right now. Can you withdraw less this time?"
Fu Mingzhuo pretended to think about it, and then said, "I'm afraid that won't work. We have signed a contract with someone this time. If we don't come up with enough funds, they will sue us for breach of contract."
Henry was in a dilemma. He only had about 20 million yuan in cash in his bank vault. If Fu Mingzhuo took half of it at once, then if there was a peak in withdrawals later, the cash in his bank would be exhausted. Then the bank would face a crisis of trust again.
So for the safety of the bank's cash, Henry cannot let Fu Mingzhuo take the money away.
He thought about it and decided to use the strategy of delaying so that Fu Mingzhuo could get the cash later. So he said:
"Manager Fu, our bank doesn't have that much cash right now. We need to transfer cash back from other places so that we can have enough cash for you. Can you come back to withdraw it later?"
Fu Mingzhuo asked: "How long will it take you to prepare the money? It won't take too long. We are eagerly waiting for the money."
Henry thought for a moment and said, "One week. I will have the money ready in a week."
Henry thought about it and realized that a week would be enough time for him to borrow money from the Federal Reserve. By then, he would not have to use the safe funds.
Fu Mingzhuo also knew Henry's thoughts. He certainly couldn't give Henry so much time to raise money. After thinking for a while, he said:
"A week is too long. I can only give you three days. After three days, I will get the money and go to Los Angeles with it."
"Three days! This time is too short. I can't raise so much money."
Henry said with a straight face.
Fu Mingzhuo was puzzled and said, "Manager Henry, how could the bank not have this little money? Don't lie to me. If you can't even take out this little money, I will have to tell our boss Lu Chen to check the bank account."
When Henry heard that Fu Mingzhuo wanted Lu Chen to check the accounts, he immediately panicked. If Lu Chen was the one to check the accounts, wouldn't the public funds he had embezzled by abusing his power be immediately discovered? This was not acceptable.
He said with great difficulty: "Okay, three days, come and withdraw the money after three days."
Fu Mingzhuo nodded and took his men away from Guozong Bank.
On the other hand, Adams had already told his father Yakochi about Lu Chen's intention to sell his shares. Yakochi asked:
"Did Lu Chen say at what price he wanted to sell his shares?"
Adams thought for a moment and said, "He didn't say that, but it will definitely not be lower than the market price. He bought 400% of the shares for 40 million. If we want to buy it now, it will cost at least 600 million."
Yakochi really wanted to take over Lu Chen's shares. If his family could fully control a large bank, then his family would have the opportunity to move up a level and have the foundation to form a consortium. But 600 million is not a small amount. If he took it out all at once, his family's business would probably fall into crisis.
He looked at Adams and thought that this guy should have a lot of money. For the future development of the family, he should not refuse to give him some money.
So Iacochi said to Adams, "Adams, you should still have a lot of money, right?"
Adams immediately became alert when he heard his father ask this. He thought to himself that this old man was thinking about his wife's money again. He couldn't take out money this time. So Adams said:
"Dad, I don't have much money left."
Yakochi looked at Adams angrily and shouted, "How can you be broke? You made so much money in the last stock market crash, how could you be broke?"
Adams immediately said, "My money has been spent for the family. I don't have any money here or there."
"You're talking nonsense. How much did the family spend on you? And you actually said that it was all spent on the family."
Adams was immediately dissatisfied after hearing this. He retorted: "I'll calculate how much money the family spent on me. In order to make up for the company's lack of funds, I funded the company with 300 million in cash.
Then, in order to buy the bank's shares, I took out another 300 million. During this period, you also asked me to pay for the family's expenses. The money I have now is less than million. "
When Yakochi heard this, he realized that Adams had already paid so much for the family. He carefully calculated and determined that the little money Adams had would not be of any use at all. So he gave up the idea of asking Adams to pay. He said to Adams:
"Adams, go back first. I'll think of other ways."
Adams breathed a sigh of relief and secretly rejoiced in his heart. Fortunately, he was very smart and only told the old man half of his income. Otherwise, he would have to bleed heavily again today. While thinking, he left the old man's study.
Adams walked out of the gate of the family villa and looked back at the luxurious mansion. He felt dissatisfied and aggrieved. He cursed in his heart: "What a bullshit family, what a family relationship, it's all bullshit!"
He recalled that he had spent three million in savings to save the company, but his family only gave him 10% of the shares. His second brother didn't contribute anything, but he got 20% of the shares. What made him even more angry was that his eldest brother did nothing, but the old man directly handed the bank to him to manage. The more Adams thought about it, the more unfair it seemed. He felt that he was a marginalized person in this family, and his father had never really loved him.
He sighed, left the family villa without looking back, and walked towards the villa he bought outside.
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