The arrogance started from Chinatown

Chapter 313 Perfect Business Planning

"Mr. Chen, our previous cooperation has always been very good. When you acquired the San Francisco Savings and Loan Association, we even loaned you a sum of money!"

"Friends should work together instead of stabbing each other in the back!" Waters said after sitting down.

If it were someone else, Waters' words might have some effect, embarrassing the other party and putting them in a more advantageous position in the subsequent negotiations.

However, Chen Zhengwei glanced at him and did not deny it at all. Instead, he sneered with some contempt: "I haven't settled the matter with you for what you did to me. Now you come to me... to call me to task?"

"Targeting you? Sorry, I don't know what you're talking about. We in California have never targeted you or your business... I think there must be some misunderstanding!" Waters denied it directly.

They never targeted Chen Zhengwei; instead, it was Chen Zhengwei who targeted them.

Waters was also confused, not knowing what had happened.
"There is no misunderstanding!" Chen Zhengwei interrupted him directly.

"Is there a misunderstanding? How could I not know?"

"You don't want to say that I'm slandering you, do you?" Chen Zhengwei sneered, his eyes rather unfriendly.

"Of course not... I think there may be something I don't know." Seeing Chen Zhengwei's gaze, Waters knew that if he followed Chen Zhengwei's words, the talks would definitely fail today.

Chen Zhengwei has always been cruel and domineering, and dares to do anything.

Last time, a shareholder of the San Francisco Savings and Loan Association, who was also a San Francisco councilman, was beaten to death on the spot just because he said one wrong thing.

He was shot six times in the back, and then it was announced that he committed suicide.

In the end, it didn't cause any waves.

After receiving the inheritance, the congressman's family sold the remaining savings and loan association shares to Chen Zhengwei and left San Francisco.

If you say something wrong to such a person, he might beat you to death.

This is also the reason why many wealthy people in San Francisco do not like dealing with Chen Zhengwei.

"Mr. Chen, are you interested in our bank?" Waters asked tentatively.

"Why, you want to sell the bank? What am I going to do with all that mess you have?" Chen Zhengwei said lazily, thinking quickly in his mind.

Ponder what Waters meant.

"If Mr. Chen is interested, we can sell him 10% of the bank's shares." Waters said. This was what he had thought of before he came.

If Chen Zhengwei acquires a stake in Bank of California, Bank of California's current troubles will naturally be solved.

Besides, this is also a trap.

Chen Zhengwei had previously used dishonorable means to buy the San Francisco Savings and Development Association. This was his first time doing so, and other banks turned a blind eye.

Especially after the San Francisco Savings and Development Association was renamed the People's Bank of San Francisco, it was completely aimed at the Chinese and had no competitive relationship with other banks.

But now he used this cruel trick on the Bank of California and then acquired shares in the Bank of California... Even if he said nothing, people from other banks would think that Chen Zhengwei used such violent means to force them to acquire shares in the Bank of California.

You have to know that their bank is not one of those small banks. It is one of the largest banks in California, and its influence is unmatched by those small banks.

He can do the same to other banks tomorrow as he did to the Bank of California today.

Chen Zhengwei naturally incurred public anger.

The influence of the bank is not comparable to those wealthy businessmen Chen Zhengwei had faced before.

Whether it is Wells Fargo or Bank of Nevada, there is a huge network of relationships behind them.

As long as they sense danger, they will take the initiative to target Chen Zhengwei.

Even if Chen Zhengwei has a gun, what can he do? Can he defend against the shootings and assassinations every day?

Especially since other banks have ganged up on him.

Waters even doubted that Chen Zhengwei would not survive more than a year.

This way, Waters can get his revenge without having to do anything.

After Chen Zhengwei dies, they can easily take back the shares in Chen Zhengwei's hands.

"How much are you going to sell for the 10% stake?" Chen Zhengwei said without comment.

He was actually somewhat interested in acquiring a stake in the Bank of California.

After all, the fastest way to do business is to invest in a company, eliminate other shareholders, and then make the company your own.

"10 US dollars, but there are two conditions. Mr. Chen needs to help us convince those wealthy businessmen! And what happened in front of the bank today must not happen again!" Waters said.

The original 10% stake in California Bank was worth approximately $60.

In fact, it was almost the same price as the one Chen Zhengwei asked for last time.

Although the reputation and future performance of Bank of California have been greatly affected by the beating of people withdrawing money at the bank today, the price of 10% of the shares is still over 50.

"Plus the shares of United Steel Plant!" Chen Zhengwei said after thinking for a while.

"Deal!" Waters agreed immediately, which was also within his expectations.

He sold the shares of United Steel Plant to Chen Zhengwei privately. Evans Scott would definitely be angry, but it didn't matter anymore.

"So, we are family from now on?" A bright smile appeared on Chen Zhengwei's face, and he suddenly became much more enthusiastic.

"Of course, with 10% of the shares, Mr. Chen will also be a member of the board of directors and the third largest shareholder!"

"Who are the top two shareholders?" Chen Zhengwei asked with a smile.

"After the readjustment of shares, the largest shareholder is the Alette family, which owns 41% of the shares, followed by me, who owns 24% of the shares, and the third largest shareholder is Mr. Chen," Waters introduced.

He had communicated with other shareholders before coming here, and although he had not yet communicated with the Arlette family, he believed he could convince them.

In this way, everyone will give up some of their shares so that Chen Zhengwei can buy shares.

"Oh! I almost forgot about Arlette!" Chen Zhengwei suddenly realized. After all, he never remembered the dead.

Arlette is not alone. Although he is dead, his family is still there.

"Mr. Chen, can you tell me what happened now? Is there any misunderstanding?" After dealing with Chen Zhengwei, Waters brought up the old matter again.

He still doesn't know what happened.

Chen Zhengwei took out a dollar coin from the drawer, flicked it forward with his thumb, and it fell on the ground in front of Waters.

"You really dare to ask? Here, I'll give you one dollar, come and kowtow to me!" Chen Zhengwei had a look of enthusiasm just now, but now his face turned into a sneer.

This face changes in an instant!

Waters looked at the coins on the ground and felt a little embarrassed at first. It had been a long time since anyone had treated him like this.

Then he reacted suddenly.

“One hundred thousand dollars for me to play the villain and threaten those rich people… Who do you think I am?
In fact, I really want to make a hole in your head so that your brain can get some fresh air and wake up!"

"I think you should be grateful for my kindness! Otherwise you wouldn't be standing here talking to me now." Chen Zhengwei decided to let go of their previous offense.

When Waters heard Chen Zhengwei mention this matter before, he thought Chen Zhengwei was making an excuse.

He doesn't feel that way now.

It turned out to be because of this incident!
"If you want to ask me for help, you have to offer a price that matches my status! Otherwise, I will feel that you are humiliating me!" Chen Zhengwei said word by word.

"Sorry, Mr. Chen, it's our mistake!" Waters said after a moment of silence.

Even with Chen Zhengwei's current status, they subconsciously looked down on Chen Zhengwei, thinking that $100,000 was enough to get him to do things.

Throughout the whole process, no one thought there was anything wrong, not even Noel. It was not only because Chen Zhengwei was a person of color, but also because he rose to prominence in such a short time.

"Later I will send someone to your bank to sign the share transfer contract!" Chen Zhengwei waved his hand.

After a moment, Waters stood up and said goodbye.

Watching the two leave, Li Xiwen asked, "Brother Wei, will there be any problem if they just give 10% of the shares?"

Even he knew that 10% of the shares of California Bank could not be bought with 10 yuan.

"If they die, there will be no problem!" Chen Zhengwei waved his hand. He didn't care whether there were any problems or not.

"Ah?" Li Xiwen was surprised.

He didn't expect that Chen Zhengwei wanted to get rid of Waters just after he got the shares of California Bank.

He had followed Chen Zhengwei for so long that he could naturally hear that Chen Zhengwei was not speaking casually.

Chen Zhengwei was thinking about his own business plan in his mind: acquire shares - get rid of other shareholders - transfer assets - and then make acquisitions - the bank will be mine!
Perfect business plan.

But there is no rush for this matter. It is impossible that all the bank shareholders will die suddenly just after I buy shares, right?
What does this make other people think?
"By the way, go inform the newspaper that the photos taken today don't need to be published tomorrow. Just report them normally."

……

"Mr. Waters, I'm sorry! It's my fault!" Noel said to Waters after leaving the club.

"It's really your fault. You should know what kind of person he is!" Waters said coldly. If it weren't for the relationship between Noel and Chen Zhengwei, he would have wanted Noel to get out now.

Because of Noel, the bank suffered such a huge loss.

He was now planning to find an opportunity to transfer Noel to another department, and then find an excuse to fire him.

As Waters got into the carriage he looked out the window at the club.

The Chinese were indeed blinded by greed, or it could be said that these country bumpkins simply did not understand the unspoken rules of upper class society.

Do you really think it's so easy to get these shares?

If he gets these shares, other banks will sense the danger and then secretly target him.

These shares will kill him.

……

The next day, Chen Zhengwei took his lawyer to the headquarters of the Bank of California.

The contract was signed quickly, but of course, the shares were still in other people's names.

"It's a pleasure to work with you. I believe that Bank of California will have better development after I join!" Chen Zhengwei said with a bright smile.

"I think so too!" There was a hint of sarcasm in Waters' eyes as he lowered his head to sign the contract, but Chen Zhengwei didn't see it.

He can’t even write his own name on it. Does the Chinese guy think these shares are really his?
"I'll leave the matters of those wealthy businessmen in the hands of Mr. Chen!" Waters said after signing the contract, and then asked someone to take out a set of prepared documents.

These are the people that Chen Zhengwei needs to convince.

"Of course!" Chen Zhengwei took the information with a smile and looked through it. This was the list of major customers of the Bank of California.

Although only part of it.

Of course, he was just very interested in these people, and maybe there would be a chance to carry out more in-depth cooperation with them in the future.

It doesn’t mean that Chen Zhengwei is targeting them.

At his point, robbing by force no longer has much meaning, and it will only make him a target of public criticism.

Back at the club, Chen Zhengwei called Rong Jiacai over and threw the list to him: "Invite them to have dinner together!"

"Together or separately?"

"Three at a time!" Chen Zhengwei thought for a while and said, there were actually not many people on the list, only a dozen or so.

However, the deposits of these dozen people account for one-third of the total deposits in California banks.

Another quarter was the entire fortune of the wealthy businessmen who had left the Bank of California.

The rest is the money saved by other small wealthy businessmen and those in the middle class.

……

In the evening, Chen Zhengwei met three people in the club.

"Mr. Wells! Mr. Vincent! Mr. Fargo!" Chen Zhengwei greeted the three people with a smile.

"Mr. Vincent and Mr. Fargo are also old acquaintances..."

These two people like to play cards very much, often come to the club, and are quite familiar with Chen Zhengwei.

"Sit down and eat and talk!"

The three of them were a little confused and didn't know what Chen Zhengwei wanted to ask them to do.

After the food was served, the three of them looked at the food in front of them, all a little absent-minded.

"What? It doesn't taste good?" Chen Zhengwei looked at the three of them, then turned around and said.

"Go call the chef!"

"No, it's just that I don't know what Mr. Chen wants us to do, and I've been thinking about it!" Fargo said with a wry smile.

"So that's how it is! If I don't explain myself clearly, it seems that you three won't be able to eat today." Chen Zhengwei laughed, then waved his hand to signal the waiter not to call the chef.

"I'm here today mainly to talk to you three on behalf of the Bank of California!"

"You are also aware of the situation of the Bank of California. There is nothing wrong with the bank's operations and funds. However, you are also aware that a large part of the bank's funds are placed in stocks and bonds for long-term benefits."

"Although the current bank run is not a good thing for banks, the situation will soon be eased as long as big customers like you don't get involved!" Chen Zhengwei said, putting down the knife and fork in his hand.

The three of them then understood the purpose of Chen Zhengwei's calling them here.

"Mr. Chen, it would be fine if you said this the day before yesterday, but you also know that such a big incident happened at the Bank of California yesterday... The situation is very unfavorable for them now!" Fargo said with a wry smile.

He guessed that the incident at the Bank of California yesterday was done by Chen Zhengwei.

Now Chen Zhengwei is speaking on behalf of the Bank of California again, and it is obvious that the two sides have reached an agreement.

"It's just a small matter, it won't cause any big waves! The Bank of California has borrowed a sum of money and is now trying to sell the bonds in its hands!" Chen Zhengwei said nonchalantly.

"Your deposit is fine, just give them some time!"

"Or do you not believe me?" Chen Zhengwei stared into the eyes of the three people one by one.

"Of course not. Since Mr. Chen has come forward, we are willing to give Bank of California some time!" The three of them shook their heads.

"That's good! You did me a favor. If you encounter any trouble in San Francisco in the future, you can come to me!" Chen Zhengwei picked up the knife and fork again and said with a smile.

Chen Zhengwei likes to help others.

Hearing Chen Zhengwei's promise, smiles appeared on their faces.

Nowadays in San Francisco, there are few things that Chen Zhengwei can't handle.

When doing business in San Francisco, it is important to make friends with Chen Zhengwei.

(End of this chapter)