Chapter 925 (1/2)

Little Morgan is dead.

He died suddenly. Yesterday, Li Zitao was still wondering whether his body had come to an end.

I heard the news the next day.

Little Morgan's death on Wall Street caused a sensation, not just a storm of words.

On the day of the death news, JP Morgan's share price jumped three times in a row, which made the whole financial industry tremble.

Stanley was less affected. After all, it was a partnership system.

However, Stanley's phone almost burst that day, and everyone was worried about the fall of the financial giant.

As a result, more than 100 enterprises controlled and indirectly controlled by Morgan were also affected.

It is not possible to eliminate this effect overnight.

Harry Morgan was busy for the next year.

But that's good news for rich countries.

Juliana, who just finished her crazy last night, put all her energy into her work again.

JP Morgan's shareholders have also been in frequent contact with rich country's management, and the shock has shown them JP Morgan's dependence on the Morgan family.

To get rid of this dependence, we need to introduce more funds and help.

In today's Wall Street, and even the world's financial industry, there is no better choice than rich countries.

Because no bank can match its cash reserves.

Not even the Fed.

If you want to print money, you have to pay for it.

Otherwise, what they print out is a pile of waste paper.

Rich country's Li's bank holding company, or l-bhg's financial union, prints enough money every day.

Once Morgan, relying on a good relationship with the European royal family, monopolized the financial business between Europe and America.

Now Wells Fargo has replaced it.

But rich countries rely not on friendship and relations, but on their irreplaceable importance.

Loans needed by allies, advance payments for various arms purchases, and even military supplies and military expenditures of some countries are provided by rich countries.

During the war, when the interests of all walks of life were suppressed, the rich country with sufficient funds was the father of all people.

However, in order to avoid the future of Li's bank holding company falling into Morgan's fate, the successor only has the right to dividend, and has no management right.

Li Zitao is now making preparations, such as splitting his l-bhg shares.

In l-bhg, Li Zitao holds 35.5%, which is undoubtedly the largest shareholder.

He plans to split up 30% of the shares, 10% of which will be transferred to the Li family fund as welfare and stable income for future generations.

Another 10% of the shares are put into the city bank of Los Angeles, and its shares are 100% owned by Li Zitao, and there is no dispute.

For the last 10 percent of the shares, Li Zitao plans to put it in Lionheart, or the Li's higher education grant fund.

The advantage of this is that it can provide a continuous stream of high-level talents for the Li family, and make the family earn enough prestige.

More importantly, no one dares to touch this part of the stock easily.

It does not represent whose cake, but may summarize the great interests of each family, and everyone may have the opportunity to use it.

Even the descendants of Li Zitao can't touch this cake easily.