Reborn Capital Madman

After the board of directors meeting, Gao Xian personally witnessed the formation of the management committee of Gulf Western Company. This matter had been discussed at the previous board of directors meeting. Of course, this was another example of Gao Xian copying the successful management experience of Gao Xian from Xiangjiang.

A manifestation.

The establishment of a management committee in Gulf Western Company is very popular. It is directly interpreted as Sir Gao's willingness to delegate power, trust management, be responsible to investors, fully mobilize employees' enthusiasm, take into account labor rights, etc. However, there is no lack of power in this.

Considerations of checks and balances.

For CEO Ronald Zegler, President Jim Judelson, and even including GoI President William Miller, Howard Hughes CEO Michael Blumenthal, these

Gao Xian is quite confident about people's loyalty, because he has shown kindness to these people and has shown kindness in times of need.

Ronald Zeigler followed Nixon, and his years in the White House were indeed prosperous for a while. However, with the outbreak of the "Watergate Incident", Nixon was so miserable that he almost went bankrupt. Ronald Zeigler

This staff member also has no salary, which is equivalent to being unemployed.

Jim Judelson was also suddenly isolated in Gulf Western Industries due to the sudden death of his old boss, Charles Bludorn, and was only one step away from being sidelined and eliminated.

William Miller, Michael Blumenthal, and their President Mr. Carter, their governance experience during the peanut stew years can only be described as failure. Among them, Michael Blumenthal was the worst, with four consecutive elections.

The two-year term was not fully served, and they only served for two years before being abandoned by Carter when he reorganized the cabinet. It can be said that the two of them lost all the wealth they had accumulated in the past and successfully served as corporate executives.

How did these people regain their glamorous, enviable and decent status and treatment when they were depressed or even in trouble?

Sir Gao has a discerning eye, treats virtuous officers with courtesy, and employs talents in an eclectic way!

As the minimum reward, people like Ronald Zegler, Jim Judelson, William Miller, and Michael Blumenthal can only offer their loyalty.

But one thing is that loyalty is loyalty and trust is trust. People can never avoid the influence of the environment. Therefore, a check and balance mechanism still needs to be well established.

Needless to say, a mechanism like the Gulf Western Company Management Committee is certainly not perfect, and may affect the operational efficiency of the entire group, but for Gao Xian, it is the most suitable, and that is enough!

The Gulf Western Company's management committee initially had five members, including CEO Ronald Zeigler, President Jim Judelson, two vice presidents, and a union representative.

In his speech, Sir Gao made it clear that in the next two years, the Gulf Western Company Management Committee will absorb at least four outstanding backbones from the management.

This statement actually provided the workplace in Gulf Western Company with more attractive goals and more possibilities for personal development. Naturally, the middle and senior staff of Gulf Western Company who were sitting together and looking up at the management committee, two

His eyes sparkled, full of longing.

After such top-level designs were put in place, Gao Xian also seized the time in the United States to do as much important work as possible for overseas Western companies.

At this time, William Miller, the president of Goyi America and also the vice chairman of the board of directors of Gulf Western Company, reported that there was finally some progress in lobbying the New York City government to fight for the real estate tax exemption for Madison Square Garden.

In order to make substantial progress, Sir Gao, the chairman of the board of directors of Gulf Western Company, had better show up and show his sincerity.

Madison Square Garden has a long history. It was first built in 1879 and was named after its original location in Madison Square. It was later moved to new locations in 1925 and rebuilt in 1968.

The name Madison Square Garden remains unchanged.

In other words, Madison Square Garden is now in its third generation, and its ownership finally fell into the hands of Gulf Western Industries in 1977.

This transaction had the meaning of bargain hunting because the economic situation in New York was very bad at the time.

Even though New York is an international metropolis that has great influence on the global economy, commerce, finance, media, politics, education, entertainment and other fields. The United Nations headquarters is also located here, but it still cannot escape the cycle of rise and fall.

The 1970s was the dark period of overall decline in New York after the end of World War II, and it was almost financially bankrupt.

Yes, Wall Street is also located in New York, but in 1975, the New York City government was financially exhausted and in debt. If it hadn't been for the then US President Ford, who pinched his nose and admitted his bad luck, and signed a congressional bill to provide New York City with

Provide a three-year federal loan of $2.3 billion, and New York is truly bankrupt.

With the economic recession, social unrest is inevitable. The crime rate in New York remains high. The most sensational incident was the blackout in New York in 1977, which triggered riots. Various stores were looted and the streets were noisy.

Chicken feathers.

Under these circumstances, New York, which was no longer livable, suffered a serious population loss. By the end of the 1970s, about one million people had moved away.

As a professional stadium, Madison Square Garden can hold ice hockey, basketball, boxing, concerts, ice shows, circuses, professional wrestling, and other forms of sports and entertainment activities. The business should be good, but the premise is that absolutely

It is inseparable from the help of high popularity.

Seeing the decline of New York, the original owners of Madison Square Garden gradually lost confidence, and finally sold all the ownership of this property to Gulf Western Industries. After all, large groups were slightly better able to withstand cyclical risks.

In the past few years after Madison Square Garden fell to Gulf Western Industries, the income was also unsatisfactory. The new Gulf Western leadership team, headed by Sir Gao, turned their brains to New York City's property tax and wanted the New York City government to exempt it.

Madison Square Garden property taxes.

Of course, this idea is not a whimsical idea. Madison Square Garden enjoys tax-free status, and there are certainly defensible reasons for it.

At this stage, New York City's financial situation has improved, but it has only solved the short-term debt default crisis. The better Madison Square Garden operates, the more it can center on itself and drive the economic development of surrounding areas. This contribution will be

Nowadays, New York can be said to be the most meritorious, so as a form of official support, it is not normal to exempt Madison Square Garden from real estate taxes!

During this period of time, William Miller has been working on this matter and has already developed an idea.

"The New York City government is very serious about exempting Madison Square Garden from property taxes and is quite pragmatic. Although there are many opponents, there are more supporters, such as New York Mayor Ed Koch, but some

Regarding the terms of the agreement, Sir Gao still needs to come forward in person and make a statement." William Miller handed several documents to Gao Xian for review.

The terms here are quite strictly designed. After all, New York City cannot give away profits in vain, including the requirements that Madison Square Garden must set aside a fixed proportion of its annual profits for venue maintenance, provide a sufficient number of local employment opportunities, etc.

It's eloquent and quite spectacular.

Gao Xian, who had been mentally prepared for this, was naturally not surprised.

Doing business is nothing more than bullish and bearish, and Gao Xian is quite confident about the prospects of Madison Square Garden, because New York, an international metropolis, will definitely recover from the decline of the 1970s.

To give a random example, with the vigorous development of the high-tech industry represented by personal computers, especially the Internet wave in the next decade, Wall Street will be unprecedentedly prosperous. This alone is enough to pull New York up.

"Should we take the initiative to add some more 'concession' clauses, exceeding the expectations of the New York City government, so as to further gain the initiative in negotiations?" Gao Xian pondered.

"Of course that's the best." William Miller nodded, "But I have used all the cards I can think of."

Gao Xian thought for a while and then said: "Well, if overseas Western companies want to enter the mobile communications industry, then they should first make a big deal for Madison Square Garden and promise to build a smooth wireless communications network here."

Mobile communications in this period are definitely not 4G, 5G, or even 1G. However, it is important to first obtain licenses, win over users, and seize territory. And in densely populated metropolitan areas like New York, it is indeed

There is sufficient market demand potential.

William Miller's eyes lit up, "This promise is attractive enough."

In this way, after Gao Xian and William Miller discussed their bargaining chips, they organized a business reception to continue negotiations with the New York City government.

The current mayor of New York City, Ed Koch, like William Miller, is a Democratic Party member. He won his first term in 1977 during the blackout in New York, and in 1981

He was successfully re-elected with a vote rate of 75%.

The reason why the winning margin is so obvious must be related to Ed Cochrane's outstanding performance as mayor of New York.

But in Gao Xian's view, Ed Koch's ability to govern may not be outstanding. It is mainly due to the poor performance of his predecessor. New York has declined to the point where it is one step away from financial bankruptcy. In this terrible situation,

On the basis of this, as long as you have a little bit of brains, it is easy to achieve political achievements.

Of course, it is undeniable that Ed Koch is a qualified and outstanding politician. He is very good at political governance and is good at moving among various forces and gaining support.

After getting down to business, Ed Koch cunningly continued to raise the price and said: "Madison Square Garden's bid to enjoy tax-free status has attracted a lot of media attention. I hope Gulf Western can show greater sincerity.

So that the city government can give the citizens an explanation that can stand the test."

Sir Gao was amused by Ed Curry's hypocritical manner. Everyone's time is precious, and sitting together now is just to open up the skylight and speak openly. If it is not pragmatic, then it will be less than speculative.

"It seems that Mr. Mayor thinks that negotiating with me is much more interesting than negotiating with Felix Rohatin." Gao Xian replied playfully.

Felix Rohatyn is the chairman of the New York Municipal Assistance Corporation. This agency was established during the New York City fiscal crisis in 1975. The board members are all bankers and is designed to financially assist and supervise the New York City government.

, to prevent New York from really going bankrupt, which is considered a unique ecology of the United States.

Obviously, the New York Municipal Assistance Corporation will certainly not save New York City in vain. New York City must carry out major reforms in accordance with the requirements of the New York Municipal Assistance Corporation, including freezing wage increases, massive layoffs, raising subway fares, charging tuition at the City University of New York, and

New York City sales tax and stock transfer tax, converted to New York State state tax, etc.,

Therefore, as the mayor of New York City, Ed Koch was not so comfortable dealing with Felix Rohatyn. After being slapped by Sir Gao, Ed Koch's face immediately changed.

A look of embarrassment flashed through.

To put it bluntly, Madison Square Garden strives for tax-free status, although it is for its own profit considerations, but objectively it is also to strive for excellence in operations and promote the economic development of surrounding areas. If the New York City government really thinks that it has encountered a fat sheep ready for slaughter,

If he still refuses to let go, then Gao Xian can give up. Anyway, he can do a lot of articles on the platform of Gulf Western Company, not least of which is Madison Square Garden.

Seeing that the confrontation between the two parties was somewhat fierce, William Miller promptly smoothed things over and said: "The economic situation in New York is still recovering. Gulf Western Company is indeed sincere in fulfilling its social responsibilities, but there are also unavoidable pressures on the management of Madison Square Garden."

"But even so, Sir Gao took the initiative to add concessions to the tax-free agreement as much as possible for this meeting with Mr. Mayor."

At this point, William Miller took out the documents and explained them to Ed Curry one by one, pointing to the supplementary concession terms for the big pie including Gulf Western Company's construction of a mobile communications network for Madison Square Garden.

Ed Koch was obviously moved, and finally raised his head and asked Gao Xian, "Sir Gao, will these plans really be implemented?"

Gao Xian nodded seriously and confirmed: "Of course, otherwise, how would I dare to meet with the mayor?"

At this time, Ed Curry finally stopped asking for high prices and began to tell the truth: "The city government has carefully evaluated it and exempted Madison Square Garden from real estate taxes. The advantages indeed outweigh the disadvantages, but

This matter is relatively sensitive and can easily make people jealous, so we must do the details in order to avoid criticism from the outside world as much as possible."

Gao Xian nodded repeatedly, "Understand, understand."

William Miller probed from the side: "Can the tax exemption agreement be signed by the city government?"

"Of course." Ed Koch nodded, "I also asked Gulf Western Company to help with media communication. I hope this matter can become an important decision that can withstand the test during my term of office."