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Wall Street of the third generation chaebol Chapter 154

< German Investment Corporation. (1) >

“I was surprised by the sudden contact.”

Dresdner Bank.

I was sharing a cola with Yalmach Shacht in the Dresdnerbank chief’s office.

profit-

Shacht gave me a thin smile as I drank the Coke.

“Haha, it was fortunate that the Coca-Cola plant entered the German Empire. Rumor has it that the Detroit chairman is a cola fanatic.”

“I don’t know who the rumor was, but it’s correct. Black sparkling water runs through my veins.”

“Oh, that’s like me.”

Shacht shrugged.

“Black coffee runs through my veins.”

“It’s just an ordinary office worker.”

“Yes, I am an ordinary office worker.”

spurt.

The two of us somehow became sober.

“Anyway.”

Shacht coughed and returned to the point. I came to Shacht today for various reasons, but I came here to ask Dresdner to manage the banking business.

“You mean we want to select Dresdner as the lead manager of Bayer’s spin-off and mergers and acquisitions.”

“Yeah, I’m already an American, so how would I be blinded if I made an investment in the German Empire under the name of the German Investment Corporation?”

In fact, the checks have been continuous.

Articles about the German Investment Corporation were pouring out of the German press, and there was a ‘short time’ voice of concern saying that it was a German investment institution run by an American.

‘It must be Bayer’s work.’

It was clear who did it.

“I’m going to take a breather in Dresdner’s shadow for now. Besides, wouldn’t it look a little weird if the New York Bank on our US side was in charge of banking?”

“I’m the Detroit Chairman, you’re always welcome.”

Bank President Shacht smiled bitterly.

“Chairman Detroit’s scale has been circulating secretly among the upper classes of the financial district. Especially among the directors of the American investment bank, it is flowing like an urban myth.”

“ah….”

it.

Maybe it’s not a joke.

“It’s like Japan’s shadow government that has taken control of the Japanese financial industry.”

Right.

“The US military industry said that the factory itself could not operate without the permission of the Chairman of Detroit.”

…Right.

“There are a lot of ghost stories circulating about the monopoly that devoured the entire American shipbuilding industry.”

…I made the dreadnoughts, and I took over the Newport News shipyard and the Bethlehem shipyard, right?

It seems right.

However.

It seemed to me that Shacht thought it was all a joke. He shrugged his shoulders with an expression like ‘Ah, no way.

“Of course, no one has proven it. All urban legends are like that.”

“Ha ha ha ha ha…”

“Bankers have to act on facts.”

First of all, since most of my companies are unlisted companies, there is no disclosure obligation.

The shareholder register is also said to be confidential.

For now, Yalmach Shacht will not get a shareholder register. I’m sure you’ll believe it’s an urban myth.

gulp gulp.

Instead of answering, I drank a Coke.

For some reason, I had a foreboding that something, something was about to happen if Shacht knew the truth. He is a person who later becomes German finance minister… well…

History has also changed a lot.

Wouldn’t he ever become a treasurer?

‘…Let’s get back to the point.’

“First of all, I would like Dresdner Bank to oversee the division of Bayer into Bayer Pharmaceuticals and Bayer Chemicals. If it is Dresdner, I think the government will be able to easily obtain permission for the spin-off.”

“Yes, if you ask the governor of the Reichsbank, Koch, it will be over soon.”

“And we’re going to merge with Pfizer in the US.”

Stop.

Shacht, who was holding the glass, stopped moving.

His gaze slowly rose from the cup of coffee to me.

“Are you going to sell Bayer to an American company? Our contract with the German Investment Corporation says to minimize technology leakage.”

“no.”

A cold wind blew softly around Shacht, whose eyes had dwindled.

I shook my head.

I have prepared the evidence properly in case this happens.

“This is for Bayer’s restructuring and normalization. Pfizer, a US pharmaceutical company, was able to pay the largest acquisition price, so we did it.”

I showed him Bayer’s financial statements. Shacht slowly read the accounting data.

“Bayer Pharmaceuticals has become a sluggish company with only losses due to the fall of heroin. This proves that it had a profound influence on Bayer’s chemical division of Germany’s Big 3 dyes.”

“So you’re saying you’re going to do restructuring?”

“First of all, isn’t it the beginning of restructuring to sell the insolvent business unit at the highest possible price?”

Shacht looked at me with a piercing gaze.

“I understand that restructuring usually starts with the easiest expense to cut, the labor cost.”

“This part needs an explanation.”

As Shacht blew a cool breeze, the atmosphere in the room became like walking on ice.

This novel was posted at https://noblemtl.com

Once again, I had a feeling that this is what nationalism is.

In front of me, Shacht was displeased with the attempt to leak technology from the German Empire.

This atmosphere is a bit dangerous.

“If the first thing that the German Investment Corporation does when it comes to the German Empire is a sword dance, who will accept our investment? Besides, I respect the German Empire.

“Is it true?”

Shacht looked straight into my eyes.

With the eyes that there shouldn’t be a single lie. I took a deep breath.

“It’s false.”

“……”

“Actually, it’s the opposite.”

“the opposite?”

Shacht’s eyes widened sharply.

Damn, what kind of person’s eyes look like blades flying? this man is a scary man

But he didn’t show it on his face.

“I plan to expand the Bayer chemical division on a large scale with the proceeds from the sale of the Bayer pharmaceutical division to Pfizer in the United States.”

“Are you going to expand?”

Shacht raised his voice.

I wouldn’t believe it

It was an absurd idea to expand a company that was likely to be stoned to death at any moment, and a company that was on the verge of death after being stamped by the German Empire.

But the method was already prepared.

“That’s why we separated the pharmaceutical part. All the crossfire will focus on the pharmaceutical part. In that way, we will save the Bayer chemical part.”

“Would that be okay?”

“It will be.”

Why did the German Investment Corporation controversy end so quickly?

First of all, the German Conservative Party is an absolute supporter of the German imperial family, so the German Investment Corporation is favorable.

It was a fundamental investment company that carried out investment activities in Germany with a Kaiser license.

Controversy was greatly reddened by the Social Democrats.

‘I should thank Bernstein.’

Bernstein, who had risen to the head of the Social Democrats with my full funding, quickly put an end to the controversy.

“I have quite a few media friends to help me. Bayer Chemicals will put the frame of ‘a company invested by the German Investment Corporation’.

“…..ah!”

Shacht was amazed.

All of a sudden, his eyes softened.

“You want to imply that if the German Investment Corporation invests, large-scale hiring will follow.”

Pavlov’s dog experiment.

If the experimenter continues to ring the bell every time the dog eats, the dog will salivate with just the sound of the bell.

the same

He wants to create the Pavlovian dog effect that if the German Investment Corporation invests, large-scale hiring will follow.

actually.

Since Germany is where the winds of social democracy are blowing, we have to approach it this way.

“Junkers and the upper class usually belong to the German Conservative Party, but most commoners belong to a trade union or socialist socialist party.”

Social democracy is a party for the common people.

In other words, in order to capture the public sentiment of the German Empire, it was not a choice but a necessity for the Social Democrats to coexist.

“I will win the hearts of the people with this Social Democratic Party.”

“Certainly, if Bayer Chemicals is transformed into a ‘company invested by the German Investment Corporation’, the bad image will be removed.”

This novel was posted at https://noblemtl.com

Overlay frame.

It was not a new method because modern companies do their best to evoke their image.

Where are the companies? If it was a frame, it was the same with celebrities.

“But why do you want to expand Bayer Chemistry?”

Shacht asked the question again.

I intuited it.

this is a test

Shacht was sharp.

A principled activist of a large bank in staunch nationalism. Shacht will scour my answer for possible pods.

But this test was the sport I had the most.

Today I will be able to walk the red carpet through this thorny road and bring Dresdnerbank as my comrade, and walk through the German Empire.

“At first, rumors of the expansion of Bayer began to circulate in social circles. There are even rumors that it is a spearhead of American capitalism to overthrow and monopolize the German chemical industry. So can we accept this rumor as true?”

Friedrich Bayer.

you’re stinky

However, this was also within the predicted range.

“No. Not at all.”

“Well?”

Shacht’s eyebrows twitched.

I lifted my index finger.

“I said earlier that we would ask for Bayer’s ‘merger’.”

“Yeah, didn’t you mean to merge Bayer Pharmaceuticals with Pfizer?”

“Well, there is, though.”

I clasped

“Haha, maybe the monopoly is not wrong. I plan to enter into an equity exchange agreement with BASF or merge it into a monopoly company.”

“…..!!!”

Shacht’s eyes widened.

But as soon as he wiped his chin, he slowly closed his eyes to see if the calculation had been made.

He finished his calculations and opened his eyes.

“If we merge as Detroit Chairman said, we will be able to monopolize more than 60% of the global dye market.”

“Yes, hiring is for him, because I want to exchange shares on the most favorable terms before the merger.”

“That’s understandable.”

“Yes, Bayer Chemicals will remain as a German company for reference. A giant dinosaur will be born to the German industry to monopolize dyes worldwide.”

“her.”

After all, it is

If Bayer Pharmaceuticals merges with Pfizer, it becomes an American company, but Bayer Chemicals becomes a German company even if it merges with BASF.

when it comes to this

Even if Shacht wants to know, he cannot know.

Detroit’s scenario had been meticulously calculated and planned in advance.

All elements are woven like a spider’s web to create the best synergy.

“You have a meticulous plan.”

“Yes, that’s why I came to Dresdner’s bank manager.”

“…..Yes?”

Shacht tilted his head.

I laughed bitterly.

“There are several large banks in the German Empire, and some of them are unique megabanks. These are the forces that dominate the German financial world.”

Germany’s financial ecosystem.

There were also top predators here.

“Typically Rothschild, Deutsche Bank, etc., but…”

Do you have one in front of me?

“I know Dresdner Bank is one of them in the German financial world.”

“What do you want to say?”

“Killian Steiner.”

I clasped my chin with my interlaced hands.

“I would like you to arrange a meeting with Kylian Steiner, the former president of the Württemberg Beriens Bank.”

“……crazy.”

Shacht, why am I now?

He put on an expression that seemed to know that he had come to him rather than another German bank.

His hands were full of goosebumps.

“Chairman of Detroit. If you are Chief Executive Officer Kylian Steiner, aren’t you the early founder and largest shareholder of BASF?”

“you’re right.”

Shacht grabbed his trembling hand.

“Did you ever know?”

“What do you mean?”

“Half of the member banks of our Dresdner Bank consortium are affiliated with Kylian’s Württemberg bank. It means you came to know this fact.”

in short.

It means that one of the core factions of Dresdnerbank is the Kylian Steiner branch.

Kylian Steiner.

He is currently the largest shareholder of BASF and one of the hidden powers of Dresdnerbank.

‘And also a major shareholder of Daimler.’

That Daimler, where Mercedes was born a few years later, is right.

If there is one problem.

that he was old.

He died in 1903, a year and a half from now.

“Yes, I know.”

rattle.

The desk in the direction of Shacht rattled and collided. Shacht was looking at me with a blank face.

Sharp momentum.

The momentum that was staring at me as if stabbing me.

it’s all gone

“…Let’s proceed.”

I heard the sound of ants crawling.

I didn’t hear well.

“Yes?”

“We, Dresdner Bank, will be in charge of the merger and split of Bayer.”

Moment.

Yalmach Shacht began to feel an unknown elevation.

Memories of my childhood, when I was a child, holding a toy knife and sincerely wanting to conquer the world, came to mind.

The upliftment of those days when I thought I would go out on that warship and conquer the world.

For some reason, I started to light the fire again.

‘Somehow, with this man, I think I will be able to see a world I have never seen before.’

New Germany.

new world.

new paradigm.

Shacht’s burning desire to board the ship Detroit and sail through the stormy waters with him was boiling.

His eyes lit up.

‘I want to be with you.’

“We, Dresdner Bank, will actively support the German Investment Corporation.”

I can’t turn it back now.

I didn’t even want to turn around.

thump.

The Detroit chairman clasped his hands together with a bright smile.

Then he opened his mouth.

“It is an honour.”

That moment.

Shacht felt the euphoria boiling inside him.

< German Investment Corporation. (1) > end

Wall Street of the third generation chaebol

Wall Street of the third generation chaebol

Status: Ongoing Type: Author:
Wall Street of the third generation chaebol mtl late 19th century. The United States was ruled by oil king Rockefeller, steel king Carnegie, and finance king JP Morgan. I fell on Wall Street in New York. “… Detroit or Morgan?” I didn’t just fall off, I was the son of the finance king JP Morgan.

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