1929 I am a chaebol in the United States

Hans drove Lu Chen to the state capital. At the gate of the state capital, there was already a government worker waiting for Lu Chen. When Lu Chen got out of the car, the worker immediately stepped forward.

"Hello, Mr. Lu, please follow me. Governor Franklin is waiting for you inside."

Lu Chen nodded and followed the receptionist into the state capital. The staff took Lu Chen to a hall. When Lu Chen entered the hall, there were already 40 to 50 people in the hall.

Lu Chen was a little surprised. He didn't expect Franklin to invite so many wealthy people. It seemed that Franklin was going to do something big this time. Although Lu Chen didn't know all of these people, he did know two of the people who were chatting with the man in the wheelchair.

One is J.P. Morgan, Jr. from Morgan Bank, and the other is Hamilton from the Federal Reserve.

Seeing that no one noticed him, Lu Chen found a corner and sat down. He didn't want to take the initiative to go forward. If he did, it would be like giving money to others. His most important thing now was to stay alive. It would be best if Franklin didn't find him, so he wouldn't have to spend a lot of money, just show his appreciation.

Half an hour later, the door of the hall was closed, and Franklin ended his conversation with Hamilton. He asked his secretary to push him to the podium.

"Hello everyone, I'm Franklin, and I'm sorry to have to take you all out of your busy schedule to come here."

(I don’t need you to apologize, just don’t ask me to donate money, Lu Chen thought to himself.)

Franklin continued: "I have invited you all here today because New York State is facing an unprecedented crisis right now."

At this time, someone stood up and asked, "Governor, what is the crisis and what do we need to do?"

Lu Chen looked at the person who was talking and complained in his heart, "You must be hired by Franklin. Didn't you see that Morgan didn't say anything? You jumped out at this time. Isn't this just letting others take advantage of you?"

Franklin replied seriously:

"The major banks in New York State have suffered a serious run on their banks due to the impact of California. Several major banks are already facing bankruptcy. I hope you can lend a helping hand and inject some funds into those banks so that they can safely weather this crisis."

The people below heard this and started discussing.

"What the hell? The bank is already in trouble, why do they want us to inject capital? What if we inject capital and the bank goes bankrupt again? Then our money will be wasted."

"That's right, let the banks solve their own problems and not get involved in the business of us. When they were in their prime, they never charged us less interest on our loans."

"That's not right. You have deposited money in the bank. If the bank really goes bankrupt, your money will be gone as well."

"Don't worry. I put all my money in Morgan Bank. The Morgan family controls the railways and UC Steel Group. I don't believe they will go bankrupt if anyone else does."

Lu Chen also interrupted and said, "Is the bank that you are talking about going bankrupt the Guozong Bank?"

"Hey, why didn't I think of that? It's very likely that the Guozong Bank is facing bankruptcy and is looking for help from the government. If it's the Guozong Bank, I won't help. Their management is just putting money into their own pockets. If I inject capital into them, they might run away with the money."

Others echoed, "Yes, yes, yes. It was revealed a while ago that their senior executive embezzled public funds, and now it's revealed that they lost a lot of money due to illegal loans. With a bank like theirs, anyone who touches it will be in trouble."

Hearing the commotion below, Franklin quickly said to the crowd below:

"Please be quiet, everyone."

Franklin's words made the crowd quieter, but someone still couldn't help but ask:

"Mr. Governor, the bank that you are talking about that is facing bankruptcy is the National Bank?"

Franklin nodded and said, "The National Bank is indeed facing the risk of bankruptcy, but you also know how important this bank is in New York. There are dozens of medium-sized banks in the whole state of New York that have deposited their money in this bank, and each of these dozens of medium-sized banks has dozens of small banks as customers. If the National Bank goes bankrupt, more than a hundred banks in New York State will be implicated. At that time, the economy of New York State will be seriously affected. So I would like to ask you to help the National Bank to prevent such a thing from happening."

"Mr. Governor, I really want to help the government, but I'm sorry. Our company has been severely affected over the past year. I really can't come up with the money now."

As soon as Franklin finished speaking, someone spoke up.

Seeing someone refuse first, the other bosses immediately complained to Franklin, saying that they had no money and could do nothing about it.

Just as everyone was complaining, a fat man in the crowd pointed at Lu Chen and said:

"Mr. Governor, we really don't have money, but Mr. Lu from Lu's company should have money. The stockings and clothes produced by his company are selling well recently. I heard that they are even exported to Europe. You should ask him for help with this matter."

Lu Chen stared at the fat man who was talking. He didn't know how he had offended this fat man. He racked his brains to recall that he was sure he had never seen this fat man. Now he really wanted to rush over and beat this fat man up, and then ask him if he slept with his wife or killed his parents. Why did he hurt himself like this?

After hearing what the fat man said, the others all looked towards Lu Chen. Franklin also looked towards Lu Chen and said to him with a smile:

"Mr. Lu, I remember that you were also a shareholder of Guozong Bank. Now Guozong Bank is in trouble. I wonder if you..."

Lu Chen knew what Franklin was going to say. It was definitely impossible for him to pay to save the National Bank. He quickly interrupted Franklin and said:

"Governor, let me make it clear that I am no longer a shareholder of the National Bank. All my shares have been bought out by the Korlia family.

Also, Mr. Governor, although my company's products have been selling very well recently, there have been many unscrupulous merchants who have copied our products, causing our company to receive many returns and complaints, and we have also lost a lot of money. I really don't have any money now."

After saying that, Lu Chen glared at the fat man, and then he engraved the fat man's appearance firmly in his mind. When he returned, he must find Pinkerton to find out who this fat man is and what company he runs. He wanted to make this fat man pay for his nonsense today.

Franklin looked at the people in the audience helplessly. He didn't expect that among so many people, no one was willing to help the National Bank. This made him a little angry.

At this time Morgan stood up and said:

"Governor, Guozong Bank has been involved in two scandals in the past two years. Both times, senior executives embezzled public funds. This time, it was also reported that they made illegal loans, resulting in a huge loss. No wonder people have no confidence in this bank.

I have an idea. You can ask Guozong Bank to sell their loan projects to us, and then use the money to pay the depositors. As for the lost money, we can't do anything about it."

When Lu Chen heard Morgan's idea, he immediately gave him a thumbs up. This idea was damn good. Those loan projects were all profitable projects for the bank. Buying these projects would definitely make money.

(Some people may say that some of these loans are bad debts that cannot be recovered, but these people are definitely not fools. They will definitely not buy these orders at the original price. And they will definitely not take over those orders that are obviously losing money.)

Morgan's proposal was supported by many people. Seeing this, Franklin could only say:

"Okay, I will seriously consider Mr. Morgan's proposal."

Franklin glanced at everyone and continued:

"Our state government plans to build a large amount of infrastructure in the next few years, and we will then take the form of bidding to contract these projects. When we select the winning company, we will refer to the contribution the bidding company has made to our state of New York."

Lu Chen curled his lips when he heard this. Now they are trying to bribe him, but he will not be fooled. He does not have a construction company, and infrastructure construction has nothing to do with him.

But Franklin's next words made Lu Chen unable to sit still. After hearing what he said, Lu Chen began to think in his heart, should he help Guozong Bank with money?