1929 I am a chaebol in the United States

Chapter 398

"Go set Wall Street on fire!"

This shocked Kagawa Iku. No wonder Fernande agreed to lobby the congressmen for us. So he was waiting for me here.

Kagawa Iku was very conflicted. Fernande was the person they had been trying to win. Xiaorizi had spent a lot of money to win the support of the Washington family. In order to maintain the relationship between the two parties, Xiaorizi had to spend tens of millions of dollars every year to cooperate with the Washington family. You know, if you find other people for these cooperation projects, the cost will be 20% to 30% less. If you find domestic companies, the cost will be saved by more than half. If I refuse to help now, the money spent by my country will really go down the drain. How can I be worthy of the emperor?

But if he agreed to Fernande's words, he would offend the Morgan family. The Morgan family is the top financial family in the United States. If he provokes such an existence, he will bring disaster to the emperor. This matter is no longer something that a diplomat can decide. He must ask the emperor and let the emperor decide how to deal with this matter. So Kagawa Iku said to Fernande:

"Mr. Fernande, this matter is not something that a small diplomat like me can decide. I need to consult the headquarters before I can give you a reply."

Fernand had expected Kagawa Iku's reaction, so he smiled and said:

"Then please go back and ask for instructions, Mr. Hechuan, and then we can discuss cooperation."

"Then I'll take my leave first."

After saying that, Hechuan Yiku immediately stood up and walked out of the manor.

When He Chuan Yiku left, Fu Mingzhuo and his friends came to the villa to report to Lu Chen. Lu Chen prepared a large table of sumptuous food for them in the villa. He also specially asked someone to get two bottles of good wine. He was now waiting for them to bring him some good news.

Fu Mingzhuo did not disappoint Lu Chen. After a week of investigation, they actually found a lot of important information about Otto Shipping Company.

The first person to report to Lu Chen was Eric.

"Boss, after a week of investigation, we found that there are serious problems with the Otto Company."

It's a good thing that the problem has been discovered. If there is no problem with Otto Company, how can I have the opportunity to take it over? Lu Chen looked at Eric with great interest and motioned Eric to continue.

"Boss, after investigation, I found that Otto's finances have serious problems."

"Is there a financial problem? Tell me in detail."

Lu Chen asked quickly.

"Otto has been affected by the economic depression in recent years and has been in a state of loss. It was only with the subsidies from the Washington family that it was able to keep those ships and employees. But recently, due to us, the subsidies from the Washington family have not been given to Otto. Now Otto can't even pay the employees' salaries in full. Those employees are now very resentful of the Washington family."

"That doesn't make sense. The Washington family is so big, it's impossible that they can't even pay the salaries of hundreds of people."

Lu Chen looked at Eric with some confusion, hoping that Eric could give him a more detailed explanation.

At this time, David said, "Let me explain to you, boss, why the Washington family failed to give the money to Otto Company."

Lu Chen nodded and said to David: "Then explain it to me."

"The Blood Gang and Eighteenth Street have gone too far this time, and have already harmed the interests of the government and some chaebols. So in order to teach them a lesson, the government and those chaebols are going to teach the Washington family and those people on Eighteenth Street a lesson. They decided to freeze the bank accounts of the Washington family and the Blood Gang for the next few months. So the Washington family can only use the funds in the banks under their family in the next few months. But these banks don't have headquarters in New York, they only have some branches, so they can't provide much funds to subsidize Otto Shipping Company."

"In that case, Otto Company will not have enough funds in the next few months."

David nodded and said, "Yes, boss. According to our estimates, if Otto's existing funds cannot be replenished sufficiently, they may not even be able to get money to refuel the ship next month."

"This is a good opportunity. If Otto really doesn't have the money for gas, how can they deliver goods to customers? If they can't deliver the goods in time, Otto will probably go bankrupt just by paying the penalty."

David shook his head and said, "I don't think so. After all, Otto is owned by the Washington family. As long as they use their connections to get other families to transfer some funds to support Otto, Otto won't have such a day. Even if no one is willing to transfer funds, the Washington family can still pay the penalty with only a small portion of its own assets."

Lu Chen thought for a while and then said:

Lu Chen thought for a while and said, "So, if we can stop the funds coming in, Otto will go bankrupt?"

Fu Mingzhuo said, "Boss, didn't David say that even if there is no outside funding, the Washington family will just have to pay a sum of money, and the shipping company will not go bankrupt."

Lu Chen waved his hand and said, "What if the Washington family is unwilling to pay or cannot pay so much money?"

"How is this possible? The Washington family has billions of assets. How can they not afford to pay the shipping company's liquidated damages?"

David strongly disagreed with Lu Chen's statement. How could a big family like the Washington family lose its reputation for such a small amount of money?