Chapter 301 Li Fuzhen's Dilemma

The Wilson family had already encountered a major change, and the shock of Schneider King Wilson's illness had not yet subsided.

Now the major companies under the family and consortium are besieged by many powerful enemies.

Every member of the Wilson family felt heavy in their hearts, and no one could smile.

What they do most is to keep calling to find out the situation of each company, and then mobilize all their efforts to raise funds.

What the think tank of the family office needs to do is to sort out the current turbulent situation and make reasonable response plans.

After visiting the unconscious Schneider again, Edward accompanied Milo to the balcony in the corridor and looked out at the garden in the distance.

"No bad news is good news. Edward, Schneider will be fine." Milo comforted his cousin.

Edward nodded and said, “But now grandfather has suddenly fallen ill, and the Wilson family is in big trouble again.”

"Milo, do you think that if Grandfather wakes up, he will be very disappointed?"

Milo was silent.

This is bullshit!

Schneider King Wilson must have predicted the troubles that the Wilson family is facing now, and he must be trying his best to avoid it from happening.

Who can be blamed for what happened now?

Is it because the family has not trained a qualified successor?

Or was it because he suddenly fell ill and didn't live a few more years? In Milo's opinion, the root cause was two problems.

One is naturally the training of heirs.

The more powerful the empire, the more powerful the force, the more important it is to have an outstanding successor.

Why did Rockefeller and Morgan become more and more powerful? Because their heirs were much more capable than the heirs of the same class of financial groups in the United States at that time.

Whether it's David or Lawrence, or the Chrises from Morgan's side.

They are all powerful people who have survived Roosevelt's attack.

Wilson is not even qualified to be a bad example of an heir.

The real bad example is DuPont...

If we say that the Cleveland and Chicago consortiums were successfully invaded by Morgan, Rockefeller, Wilson and others.

That's because there are too many core families within their group and the internal conflicts are too intense.

Eventually it attracted foreign invasion, and it collapsed on its own.

Then DuPont is courting death.

Because the DuPont Group itself, like Rockefeller and Morgan, has only one core family, which is naturally the DuPont family.

Then what did the DuPont family do?

Their ancestors may have been admirers of European aristocratic blood, or they may have read too many stories about Egyptian pharaohs.

More than a hundred years ago, the DuPont family insisted on not marrying outsiders...

What's this about keeping the bloodline secret? The elder brother's daughter marries the younger brother's son, and the younger brother's daughter marries the elder brother's son...

After two or three generations, a large number of deformed children or offspring with serious hereditary diseases are produced.

And the super genius that is likely to appear in the legend has not really been born.

And then it collapsed.

It was not until modern times that they were forced to cancel this rule, otherwise we don’t know if there are any normal people left in the DuPont family.

The Wilson family is not in such a situation, but they do not have any capable heirs.

Schneider did not train a successor who could fully stand on his own.

But there is nothing we can do about it.

Although in order to maintain their rule, they try to avoid the emergence of a lower-level elite class that can challenge the American ruling class.

At the grassroots level, the United States implements happy education.

But that’s just the bottom line.

Those above the middle level are more competitive than anyone else.

He is the type of person who can take drugs when studying for exams, and he studies non-stop every day.

Not to mention the elite education implemented by major conglomerate families.

It’s just that a person’s achievements and upper limit are determined by many factors, such as personality, diligence, interests, innate IQ, etc.

The acquired education level can only increase the probability of producing elites and increase part of the upper limit.

As for whether we can train the top elites, no one can guarantee it.

Therefore, the heirs of each major family are ranked according to order, and the most outstanding one is constantly selected.

But unfortunately, this generation of heirs of the Wilson family are not good enough.

So old Wilson thought of other ways, such as training Edward and Woodrow, who were younger and had greater potential, or marrying his granddaughter to Milo at the beginning...

Milo already understood the latter point.

But at that time Blackburn was noticed by Rockefeller.

He had to reluctantly not marry his cousin.

In addition to this reason, the remaining reason lies in the roots of the California consortium.

The California consortium has a good foundation, and with the support of the increasingly powerful California, it actually has the hope of becoming the largest consortium in the United States.

But precisely because the foundation is too good, the princes on all sides are too powerful.

In the end, the Wilson family was unable to lead the entire consortium. It was very divided internally and was not even as good as the Texas Consortium, which ranked last among American consortiums.

Even in terms of local influence, it cannot compare to the influence of Mormonism in Utah.

With Schneider around, he could barely unify the situation with his personal prestige.

In his absence, the California consortium itself fell apart.

Unlike the Boston consortium, although no one is willing to submit to anyone else within it.

But because of the tradition, when a strong person truly emerges within.

Others will subconsciously bow to this strong man according to tradition.

Looking at his cousin who was hesitant to speak, Milo knew what he wanted to do.

This is also the reason why Milo has not left San Francisco until now.

Morgan, Rockefeller and others were targeting the California consortium and the Wilson family.

Wouldn't Milo Blackburn fight? How could it be possible!

But compared to Morgan and the others, Milo felt that his angle of entry could be better.

Even the Wilson family can cooperate.

There's no need to be a bad guy.

Just wait to be the good white knight and wait for your cousin to ask for help.

Even Edward and the Wilson family are really tolerant.

This is Milo's third time visiting Schneider.

Edward held his ground.

Then let them continue to hold on.

In the following days, the continuous flow of bad news made almost all members of the Wilson family feel overwhelmed.

The plan to increase its stake in Litton Industries, which had already begun, was also halted.

In the evening, Edward Wilson returned from Wilson Financial Company with a tired body.

Wilson Finance is the family's core financial platform and is also the company established by the founder of the Wilson family.

After Schneider was unable to work.

Edward Wilson is now temporarily in charge of everything here.

But because he has too many things to do, he can't go to work at Wells Fargo Bank now.

Wilson Financial Company did not encounter any crisis. After all, the Wilson family maintained a cautious management attitude towards this company from the beginning to the end, and did not leave any loopholes in terms of equity.

The only way to bring down this company is to manage it poorly, causing a run on the bank or other malicious events, which would lead to a break in the capital chain and bankruptcy.

So in order to avoid this situation, although Wilson Financial Company has urgently raised a large amount of funds, it has not acted rashly.

Instead, it continues to sort out risks and non-performing assets, intending to clean up some of them and recover funds for stability!

When he came back, he happened to meet his younger brother Woodrow who had just returned from Wells Fargo Bank.

"Woodlow, what's going on with Wells Fargo?"

Seeing his brother's unhappy expression, Edward Wilson's heart sank. Thinking of the equity situation of Wells Fargo Bank, he took the initiative to ask his brother.

Wells Fargo is the source of the Wilson family's strength and the second largest financial core platform of the California consortium.

Founded in 1852 and headquartered in San Francisco, the bank is the only bank in the United States to receive an AAA rating.

The founder, Henry Wilson, is only a distant relative of mine from the Wilson family.

Actually, it is located in California and was originally called Northwest Bank.

Later, under Schneider's control, it merged and acquired Wells Fargo Bank in New York.

Then the headquarters was moved to San Francisco, and the current Wells Fargo Bank was established.

"President Archer listened to my advice. The bank has already cleared some funds to recover the capital. However, someone has already bought the company's shares in the stock market."

"And some big customers have applied to the bank for large withdrawals."

"This has led to some tension within the company at the moment."

Woodrow Wilson said slowly.

"Edward, how about you?"

The latest novel is published first on Liu9shuba!

Edward Wilson said slowly, "I'm fine. Wilson Financial Company is not a commercial savings bank. The family has a strong control over the company. There have been no large withdrawals so far."

"You've got problems here, and I heard that Bank of America has bigger problems."

Bank of America is the first financial core of the California consortium, and its status is more important than Wells Fargo.

However, the Wilson family's base is Wells Fargo, and they can no longer take care of the situation at Bank of America.

"The enemy is besieging us from all sides."

Woodrow Wilson nodded solemnly. "Yes, given the current situation, we may not be able to resist it."

“We have to be prepared to lose some of our company.”

Edward Wilson felt unhappy. In a irritable mood, he poured a glass of water and drank it directly into his mouth. A lot of water flowed down his chin and neck to his chest, wetting his clothes.

He wanted to hold on a little longer.

It’s not that he’s unconvinced and doesn’t want to be defeated by his cousin Milo Blackburn.

Rather, Edward still wanted to gain some initiative and try to retain more by relying on the family's ability.

In this way, when the White Knight is really introduced, Wilson can suffer as little loss as possible.

But it seems that the situation is really becoming more and more serious.

The real enemy behind him hadn't even pounced yet, but the pressure had already made Edward feel a little breathless.

He really didn't know how long he could hold out once Morgan, Rockefeller, Mellon and others really took action.

…

…

“Hahahaha! This is so funny, hahahaha…so funny!”

Brother Edward, you feel pressure everywhere and you can hardly breathe.

On the other side of San Francisco.

In a luxurious villa in the suburbs of South San Francisco near Silicon Valley.

Kamala Devi, a senior official of the San Francisco city government who was forced to resign a few months ago, is now smiling like an idiot.

She said to the Asian woman in front of her, "Hahaha, Lilith, believe me, it's not your Xingxingxing's fault. By the way, your Xingxingxing makes mobile phones, right? Haha, I knew it was a mobile phone company!"

Lilith is the English name of an Asian woman. Her real name is Li Fuzhen and she is a Korean.

She is the eldest daughter of Lee Gun-hee, chairman of South Korea's Star Group.

Because of the Global Electronic Technology Alliance advocated by Milo Blackburn.

Lee Boo-jeong and her brother Lee Jae-young are still in California and have not returned.

Lee Jae-young is now even studying at Stanford University.

She was left in Silicon Valley as a liaison between the Star Group and this electronic technology alliance.

And today is a Bay Area party hosted by Silicon Valley star prosecutor Haley Harrison.

Lee Jae-young and his wife, Lee Boo-jeong and several Koreans attended the event representing the Star Star Group and Korean companies.

Li Fuzhen chatted with a few friends she met here.

Kamala Devi came over very familiarly.

As they chatted, Kamala Devi asked them about their identities.

When it was Lee Boo-jung's turn, she said she was a representative of the Star Star Group.

Kamala Devi just laughed, just like the others when they introduced themselves.

This left Lee Boo-jeong and a few Koreans confused.

But because this person didn't look like a small character, he didn't dare to say anything.

This made these Koreans feel very embarrassed, but they couldn't leave.

“By the way.” Kamala Devi laughed a few more times and finally lowered her voice. “I heard that Mr. Blackburn is coming tonight?”

It's no secret.

Although Hayley Harrison currently publicly identifies her last name as Harrison, many people know that the name on her Social Security number is actually Hayley Harrison Blackburn.

Know that she is Milo Blackburn's sister-in-law.

Moreover, most of the participants in the banquet hosted by Haley tonight are Silicon Valley executives and managers of electronic technology companies.

With Haley's status, she can invite local senior executives from Silicon Valley.

But she couldn't invite, and it was not easy to invite, the senior executives of some electronic technology companies in South Korea, Japan and Europe.

There's no need.

So it could only be the man behind her who led the Global Electronic Technology Alliance who asked her to do this.

It's just that the party has just started and Haley just showed up.

And Milo Blackburn has not yet appeared.

No one could answer this question for Kamala Devi, although everyone felt that Milo Blackburn would definitely appear.

When I meet these American people, I can't say a word.

Kamala Devi, who had been laughing for a long time, also felt bored and found an excuse to leave and go find other people.

Li Fuzhen finally breathed a sigh of relief, but suddenly she felt the urge to urinate.

She said softly, "Excuse me, I'm going to go touch up my makeup again."

Then he left the main venue and walked towards the banquet hall of the manor villa.

Generally speaking, when holding a banquet.

In the banquet venue, most of the rooms and toilets will be open to the public.

Otherwise, the excretion of dozens, or even hundreds of people will cause big problems.

This is also the reason why villas and houses in Europe and the United States have so many toilets.

This is not the first time that Lee Boo-jeong has attended a cocktail party hosted by Europeans and Americans.

She entered the living room, found a waiter, and asked where the nearest restroom was.

The other party gave enthusiastic guidance. After thanking her, Li Fuzhen walked up the stairs to the second floor and headed towards the bathroom.

But there are a lot of guests tonight, about two or three hundred people.

The public bathroom was full, and there were people chatting and waiting in line outside.

Li Fuzhen had no choice but to retreat and knock on the door of a closed room in the left corridor. This was a public guest room.

As long as there is no one inside, you can go in and solve the problem.

Indeed, there was no one there. After knocking on the door for a long time without any response, Li Fuzhen walked in.

She felt a little uncomfortable in her stomach today, so she closed the door and hurried into the bathroom without locking it.

So...then someone opened the door of this room.

Li Fuzhen, who was defecating happily, didn't hear it either.

When she finished flushing the water, washed her hands and was ready to come out.

As soon as I opened the bathroom door, I heard the sound of a man and a woman talking outside.

"Milo, you can't do this! Haley will be mad if she knows! And I'm going to have a fiancé soon!"

"I've put up with you for a long time, you know, Peggy, I've put up with you for a long time. And I also know who your fiancé might be, Bayard, right? That makes me want to do this even more."

(End of this chapter)