1928: The rise of giant merchants

"Mr. Mike, I guessed that the New York Times was in trouble, but I didn't expect it to be so serious." Ye Luo sat in front of the boss's chair and got straight to the point, "What do you think?"

"What else can you think about? I misappropriated the company's money and it's all over. Even if you are willing to acquire the company, I will..."

For him, death is the only way out.

Mike Oakes is actually a journalistic wizard.

He saved the New York Times from bankruptcy in 1896 and elevated it to the same position as the Wall Street Journal and the Washington Post.

But he is also greedy and overconfident.

That’s why we fell into such a big trap in the U.S. stock market bubble.

"What will happen to your children and your wife if you die?" Ye Luo asked.

Mike said helplessly: "I have already written a suicide note. After I die, Mary will take the children and remarry. Maybe she can find a better husband than me. I hope this tragedy will end with me and not spread to On my children.”

"Oh, are you expecting someone to be kind to your wife and children during the Great Depression? You are too naive. If it were me, I would be a slut wife, beat your children, and sell them to the mines as pawns. child labor!"

Ye Luo sneered.

"You! You" Mike was angry, but unable to refute.

The Great Depression is foreseeable, and such things will not be uncommon in the United States in the future.

"You are a coward and a complete loser. You don't even have the courage to stand up. You didn't die for your family, you died for yourself, to escape."

Ye Luo's words came out like a barrage of words without mercy.

Every sentence deeply hurt his heart.

Mike sat dejectedly on the boss's chair: "Then what can I do? You are willing to buy the New York Times, but how much is it worth? 1 million? 3 million? You can't even pay the salary."

He held his head in frustration.

There is also the $10 million embezzled by the two of them.

What to do with the money?

He has filed for bankruptcy.

As a result, he would be saddled with huge debts and would be unable to get ahead for the rest of his life.

My wife and children are also dead.

Their family's lives were ruined.

"Let me settle an account with you." Ye Luo said unhurriedly, "You and another major shareholder Adolf misappropriated 10 million of the company's public funds and lost everything. The New York Times stock price is now US$37.9, which will only If it continues to fall, the market value is estimated to be US$5 million, but obviously, I will not buy it at this price.”

"The two of you hold a total of 78% of the shares, and the remaining 22% is either in the stock market or in the hands of small shareholders. Most of the small shareholders who can be named are also involved in stock speculation and embezzlement of public funds. These people, I will Deal with it one by one and get the shares back.”

"Adolf has committed suicide. I will get his shares back from his family, and you can choose the same path as them."

"What road, sir?" Mike asked.

Ye Luo said calmly: "Give me all the shares and I will help you clear the account, but you will not get a penny."

Mike's eyes widened.

This was equivalent to instantly helping him wipe out millions of dollars in debt. Although he couldn't get the acquisition money, he himself didn't lose money.

But when he thought of his other debts, the light in his eyes disappeared again.

"besides."

"What else, sir!"

"You can choose to continue working for me. I will arrange for the new president to come here, and you will serve as his subordinate to help run the New York Times. I will pay your salary and help you solve some life problems at the same time."

"This, sir." Mike was shocked.

This is tantamount to saving his life and his family!

"No need to thank me. I bought the New York Times because I hope it can continue to be brilliant. You are my favorite employee. As long as you work well for me, I will certainly solve your worries." Ye Luo waved his hand.

His business principle has always been to let professional people do professional things. He is only responsible for providing money and controlling the general direction and power.

He already had a candidate in mind for the new president of the New York Times.

"Sir, this is my debt." Mike was a little embarrassed.

He was worried that if he told the truth, Ye Luo would give up on him.

"Don't worry, just say it." Ye Luo waved his hand indifferently.

"I still have more than 2 million U.S. dollars in personal debt and my salary is 900 U.S. dollars a month."

Mike whispered.

"It doesn't matter. I will help you with the 2 million yuan debt, but I also need you to help me run the New York Times." How much did Ye Luo think? From the perspective of future generations, as time goes by, Mike's net worth will be more than $2 million?

In the original history, because of this wave of losses, Mike finally had to sell the New York Times to the Rockefeller Foundation at a low price.

In 1969, the New York Times changed from a family business to a joint-stock company, becoming a major newspaper group that owns many American newspapers, magazines, television stations, radio stations and foreign conglomerates.

And Mike and his descendants were the ones who laid the foundation for the future newspaper giant of The New York Times.

Two million US dollars is an astronomical sum now, but compared with these, it is worthless.

Since Ye Luo plans to shift part of his business focus overseas, the United States is one of the bases that cannot be ignored.

Before the new century, print media was extremely powerful, and it needed such a mouthpiece.

"Thank you so much, I really don't know what to say." Mike was so excited that he put down his pistol and was about to kneel down.

Ye Luo helped him up and said with a smile: "Okay, go and appease your employees. Then send someone to send the bill to me. I will find someone to take over. I will also make some suggestions for the subsequent operations."

"Okay, sir." Mike nodded.

The New York Times problem was resolved fairly smoothly.

Ye Luo and the others were surrounded like heroes.

This was the first time Shi Jianqiao discovered that having money had such benefits.

Those ghost guys treat themselves like gods.

This is respect that cannot be won by force.

She doesn't understand acquisitions, business, and the second young master's potential considerations, etc.

But after seeing countless families on the verge of being saved, she felt that it was the right thing to do and worth it.

It was because of this that she was willing to follow the second young master.

Shi Jinggong and others shouted for justice and led the army to fight everywhere, but in fact, they were doing it for themselves and the principal.

She looked down upon it at all.

"Second Young Master, where are we going next?" Shi Jianqiao asked enthusiastically.

Ye Luo smiled: "We have to hurry up. I'll call home later. I have to talk to Qingqing, otherwise she will scold me to death if I recruit her husband to the United States. Then I'll go find Franklin. Things must be done quickly, and we are not the only ones keeping an eye on the market.”

The damage to large financial groups such as Morgan, Rockefeller, and Citigroup was not serious. They are also gearing up to take over these released companies as their own.

Now, it's time to fight for money.

It's time for a bayonet fight.

"Fortunately, I'm not short of money." Ye Luo chuckled.