Wall Street of the third generation chaebol

＜ Steel and Shipyards. (3) >

“James, let me brief you on the status of bond funds and Newport News bonds now.”

As soon as I got up to New York by exclusive train, I checked the status of the Newport News shipyard. To face Bethlehem Steel, I had to check the weapons I had.

The reason James couldn’t follow me because he was busy was because he had to control the Newport News shipyard and the bond fund.

James fluttered the file folder.

“Master, the total amount raised by the bond fund is $300 million. Of that, 10% of the Newport News bond is about $30 million. Currently, it can cover half of the debt excluding the penalty.”

$1 billion in debt.

$50 million in penalties and $50 million in debt.

The penalty will be litigated by a large law firm in Blachiford, so if you pass, you can pay half of your debt.

50% of the debt has already been settled.

Debt-backed securities.

It’s like money gushing out of the air.

it’s sweet

“And the remaining debt seems to be repaid with three battleships currently under construction at Newport News Shipyard.”

“battleship?”

I opened my eyes.

Current battleships are said to be of the Free-Dreadnought class. I’ve never heard of three battleships at the Newport News shipyard.

But I couldn’t help but agree with James’s next words.

“Originally, it was supposed to be built earlier, but it was delayed, and then Assistant Secretary of the Navy Allen seems to have pushed us all.

Assistant Secretary of the Navy Allen.

It means that even before his resignation, he had pushed three battleships to the Newport News shipyard. Of course, there are things that drove us to f*ck Bethlehem Steel with tears of blood, but I was a little moved.

‘f*cking is an art too. I want to do business with you later. But first, the Newport News shipyard.’

“Other than three battleships?”

“The balance for three torpedo boats will come in. The debt of 50 million dollars will be paid in full with this.”

“Rather, change is left over.”

It is now the realm of law.

Now that the $50 million debt has been paid off, all you have to do is prepare for a lawsuit through Blachiford.

However, litigation wars in the United States tend to be severe case-by-case, so no one knows how it will turn out.

It may take an inexhaustible length of time, or it may be unexpectedly agreed upon and resolved.

“James. Blatchford would accept the commission?”

“Yeah, I guess he already knew about Black Wednesday. He took it right away.”

“Ah. Railway trusts are clients, so that’s fine.”

Because Blachiford was a large law firm running at the top of the current industry.

James took out a pen and a notebook.

widely-

“How would you like to file a lawsuit?”

“For now, it’s an agreement. In the end, the reason the other party is claiming the penalty is because he’s afraid of not getting the boat or money. Let’s sell the name of JP Morgan Bank to reassure him and deliver it in a way that we agree to build the boat.”

If you read them carefully, you may receive an advance payment or an intermediate payment for re-ordering a ship, not a penalty, so the penalty and debt will be fully repaid.

Rather, it could aim for a turnaround.

“Bocchan, but did you finish your work in the war department well? When I came back, he said he wasn’t there, so I asked him, and he said he was taken to Washington.”

“Ah, I’ve been given the positions of a war advisory committee member and a naval advisory board member. It’s rather good. I have to fight Bethlehem Steel, but now I can use public power.”

Navy Secretary John Long is on my side.

However, the elders of the Naval Department and the Armory Bureau are hostile forces. Only by destroying their cartel can the steel industry eat it. It can also print a dreadnought-class.

First of all, the patent monster.

“James.”

“Yes, Master.”

“I have an additional request from Blachiford. However, since this case is going to be conducted in top secret, I have to take the oath of confidentiality and have President Morgan notarized.”

“…What else are you going to do?”

“Well?”

I think James just mumbled something.

big

James coughed.

“It’s nothing. But what’s the matter, you’re proceeding in such a secretive way?”

Patent Troll.

A corporation that holds a large amount of patents without a base of production facilities, usually a term referring to a law firm. Thanks to the lack of production facilities, patent monsters can unilaterally strike targets with a litigation critical strike. Their patent monsters won’t be sued for patent infringement.

This novel was posted at https://readwn.com

Of course, since it is not in production in the first place.

“James, the words you hear from now on, as soon as you leave this room, erase them from your mind and lock your mouth.”

“Yes.”

“We plan to establish a law firm. First, we plan to fill the board of directors with vice presidents, and we plan to recruit a large number of Blatchford’s partners as outside directors. Of course, hiring outside directors is a side contract.”

“…!!!!”

Camouflage.

It will disguise itself as a sloppy company, and then disguise itself as a company that has nothing to do with Federal Steel, Newport News Shipyard, or hedge funds.

It’s as if the company is in vain because it doesn’t have the ability to protect its patents.

“What are you trying to do so far…”

“I’m planning to set up a company that specializes in patents only. It also swept the most important patents in the future of battleship construction. Let’s call it patent monster easily.”

I told James the details of my plan of operation that I had envisioned on the dedicated train coming up. After establishing a patent monster, sweeping important patents, and planning to bankrupt Bethlehem Steel.

James’ eyes grew bigger and bigger and then ah! and exclaimed in admiration.

“Then we should prepare before the lawsuit. If we want to convince the other party that our new law firm is an easygoing patent monster, we need to come up with a picture of the patent monster being beaten by our Newport News Shipyard and Federal Steel’s legal team. “

“Okay, you understand perfectly.”

“I will contact Blachiford.”

This patent monster is fragile.

So, even if you steal the patents belonging to this company, you can sue it later.

Look. You’re being beaten up by Federal Steel and the Newport News shipyard, right?

it’s lame

gaslighting.

It is to continue gaslighting for more than half a year so that the entire naval shipbuilding industry perceives it as such.

Then they will reverse-engineer and steal patents at will.

In addition, what if we add a directing that the patent monster loses to some naval shipyards?

Then turn your eyes

They will salivate, copy without hesitation, steal and take away as they are.

f*ck.

and.

Until the Bethlehem Steel dries the dreadnoughts, Till we cross the river of no return.

Just wait.

large law firm.

While hiding the blachiford dagger.

“By the way, what kind of patents are we going to feed the patent monster? If it is a company from another country, there is a high chance that it will not be sold to the United States out of patriotism.”

“You don’t have to worry about that.”

If Parsons were truly patriots, the German dreadnought would never have had a Parsons steam turbine.

Conversely, Krupp’s armor would not have entered the dreadnought class of each country.

‘Right now, the Shikishima-class Mikasa, which the Japanese Navy commissioned to the British Empire’s Vickers this year, is also being built after the British Parliament’s opposition has been chewed on by the company.’

The Mikasa, which Vickers was commissioned for, had superior specifications than the old battleships of the British Empire.

So the British Parliament protested and pressured Vickers.

‘Damn it.’

Vickers raised the middle finger and cast ‘If you twist, you too will buy it’.

However, the British Empire struggled to maintain its old-fashioned battleships, which it already owned in the hundreds.

patriotism?

Do you have no business in front of money?

at any time

Freedom rather than nationalism (state).

Money was more important than freedom.

“And as the patent list came up as a private train, I thought about it a bit.”

However, the patents I thought of at first contained some technologies that were not implemented in the present age, so they had to come up with a detour.

There were also patents to be added.

“Before I explain, let’s go to the New York Ordnance Department. The defense industry is Veyron’s business. He probably knows the best.”

Former DWM’s New York factory.

We packed our papers and headed to the current New York Ordnance Department.

***

“…Bethlehem steel?”

late morning.

The New York Ordnance Agency was in the midst of a nightmare.

Veyron, who was in the midst of a meeting with the arsenal officers of the War Department and the engineers at the DWM factory, took a break when I arrived and immediately jumped out.

But his expression changed strangely when I told him about Bethlehem Steel.

“Why, is there something wrong with it?”

“…..Well. Yes.”

Veyron nodded his head with a somewhat bewildered expression, unlike his usual sword-like cool look.

“Have you not done a full-scale research on Bethlehem Steel yet?”

“Oh, man, I just found out today that I had been beaten by Bethlehem Steel.”

“Then you don’t know about the current chairman of Bethlehem Steel?”

“Is there something wrong with the current president?”

Bethlehem Steel’s prominence in earnest was around the time Charles Schwab from US Steel joined Bethlehem Steel’s management team and started wielding the H-beam munchkin tool in the construction industry.

So, until then, Bethlehem Steel was ignorant.

“Yes…what.”

Veyron scratched the cheek with his finger.

“Joseph Wharton. He is the founder of the Wharton School in UPenn and my teacher.”

“…!!!”

I opened my eyes.

No, why is Wharton here?

But soon after, James and I’s expressions hardened quickly.

Now, at least, it was on the verge of extending the work on the patent monster to the officials of Bethlehem Steel.

But Veyron waved his hand.

“Yes, I am a professor. I was one of many students. It’s not that deep a kite. People around me say that I am a teacher, but it is not common to try to raise the value of a name by using the name of a professor or school. Besides, if I had to say…”

Veyron’s eyes began to be forged coldly.

“There are very few college students who have good feelings for professors. I’m so f*cking stupid to get an A+ – I’m sorry. It’s because I’ve been through a lot.”

“ah.”

In an instant, a strangely somber air flowed.

It is possible that Wharton would not have been a professor, but Wharton’s intervention must have been huge as the school is famous for learning that is closely related to the industry.

In fact, if I ask the professor if he has any good memories of his university days…

f*ck.

there was no

“Well. It makes sense.”

“Yes, even if you use me as a spearhead sword, I do not feel any remorse, so don’t worry.”

I saw the blazing Veyron.

I’m starting to worry that this isn’t a remorse, but that I’ll swing it like a Berserker.

No, isn’t that better than going cheap as a teacher?

“Vyron. Let me tell you what to do first. You force Bethlehem Steel through competitive bidding to somehow dump more of the bid it is participating in to win the dumping order.”

“Yes. If you are going to take over a shipyard, you can intervene in competitive bidding and raise the price of the shipyard.”

“Well. That’s correct.”

“Leave it to me.”

eagle eagle.

Veyron’s eyes, which were usually very cold, began to burn red as if they were engulfed in flames.

“I will peel off the skins of Bethlehem Steel.”

Probably.

There seemed to be no need to worry.

“…it’s nice to see you’re full of enthusiasm.”

“Yes. So, is this all you have to entrust to me?”

“No. That’s not it.”

flap-

I pulled a thick file folder out of my briefcase. It was a list of key patents to be absorbed under the name of the patent monster.

“Rather, the main point is now.”

＜ Steel and Shipyards. (3) > end