"Jia Yapeng chose to cut off his arm!" This was the worst news Reckett Morgan received.

According to the inside line, Jia Yapeng had already talked with several of the largest shareholders of Lace. He had a very helpless and painful expression on the phone. Daqian did not expect the trouble caused by this additional power standard inspection, resulting in the construction of the battery swap station delaying by more than five months than expected.

This time cannot be recovered at all, and Daqian will definitely breach the contract at that time.

If we consider other troubles that may arise in the future, it is very likely that the three-year construction period will be extended to 4 years, and thus Daqian's losses will exceed 50 billion US dollars.

Considering such a situation, Daqian could not bear it, so he decided to cut off his arm and give up all the previous investments, and then return the funds invested by each company to them, giving them a 4% interest rate so that everyone can get together and part.

If several shareholders present have no objection, then Daqian will hold a shareholders' meeting in a few days to announce the result.

The automobile companies that participated in this negotiation naturally could only express their helplessness, and then hoped that Daqian would abide by his promise, pay the agreed liquidated damages, and refund all the capital. Everyone could understand Daqian's suffering and situation.

But Rector Morgan couldn't accept it. He finally set up such a huge situation, with the purpose of letting Daqian go to waste his blood, but Daqian cut off his arm. How can this be done!

Moreover, with this incident today, Daqian may avoid the US market like a snake or a scorpion. When he returned to the state of the US market before, he would never easily touch the US market. Then Morgan would never be able to let Daqian go. This is too bad.

Moreover, for this plan, Rector Morgan has invested nearly 2 billion US dollars in succession. Although the loss is only 1/20 of that of Daqian, this money is a real loss and will have a fatal impact on Rector Morgan's prestige, which is absolutely unacceptable.

Daqian must stay and continue to build a battery swap station, otherwise what kind of face will the Morgan Consortium have!

So after Daqian's conversation, the audit committee directly notified Daqian that the review of the battery swap station had been passed, and all the equipment seized by the customs was released, and Daqian's battery swap station would be all green at the customs in the future.

After hearing this news, various car companies were also very happy, and then they persuaded Jia Yapeng, although it was delayed by one or two months or two now.

However, with the hard-working spirit of the Chinese people, this difficulty can be overcome. Jia Yapeng must not give up. After all, the loss is 40 billion!

So Daqian also cheered up again, and the construction of the battery swap station that had been delayed for a month or two began to start operating on its own again.

Rector Morgan also decided to wait patiently, and after at least half of the battery swap station construction, he would delay the remaining half by various means, delaying Daqian's construction time and start slowly bleeding.

So, the construction of lace was very smooth and 2 months passed. In March 2008, Rector Morgan, who had always been paying attention to the big kiwi, had to turn his attention to other places.

On July 16 last year, Bear Stearn, the fifth largest investment bank on Wall Street, closed two of its hedge funds, which directly caused investors to lose $1.5 billion.

However, this incident did not hit Rector Morgan's eyes. After all, it is a normal thing for hedge funds to lose money, so there is nothing to be surprised about.

But in March this year, Bear Stearns Bank broke out in a huge liquidity crisis, which made Rector Morgan, who had a very keen sense of smell, immediately smelled the opportunity.

An opportunity to acquire Bear Stearns.

So Rector Morgan began to do his best to acquire Bear Stearns. Once Bear Stearns is attracted by the Morgan consortium, he will obviously live to the end.

In early March, the company's account could not pay a penny, and Bell's capital chain was completely broken and went bankrupt.

On March 14, the Federal Reserve announced that it would provide emergency funds to Bear Stearns. This was the first time that the Federal Reserve has provided emergency relief funds since the Great Depression in 1929.

But the problem is that the money is not directly given to Bellstone, but to Morgan Bank. Why is it given to Morgan Bank? Because Bellstone's management has completely rotted and their board of directors has also rotted. Bellstone's board of directors is obviously no longer able to run the company, and no matter how much money is given to them, it will be wasted.

So it would be better to give Morgan Bank $30 billion, and then ask the amazingly powerful Morgan Bank to acquire Bear Stearn to alleviate the crisis brought by Bear Stearn and take over all of Bear Stearn's businesses.

So on March 16, Morgan Bank announced that it had acquired the entire Bear Stearns Bank for only $236 million, with an average value of $2 per share.

You know, at its peak, Bear Stearns had a stock price of $147 per share, and the gap between the two was 70 times.

Even when it was about to go bankrupt, Bear Stearns had an estimated price of $10, but Morgan bought Bear Stearns for only one-fifth of the price, and also received emergency assistance of up to $30 billion a year.

[PS: This is not something I made up, but something that really happened in history. Morgan swallowed up the entire Bear Stearn in such a nonsense way.]

Any fool can see how exquisite this series of operations is, and of course it is very energy-consuming. Anyway, Rector Morgan was almost busy with this matter throughout March, constantly communicating with various people, meeting many people, making a lot of benefits, and finally completing this transaction that shocked the world.

This transaction also greatly increased Rector Morgan's prestige within the consortium, so he took the opportunity to start various divisions and disintegrations within the consortium, grabbing power, killing many opponents, and his own people were his, and his position was as stable as Mount Tai.

However, when all this is done, it will be July 2008, and Rector Morgan has already smelled something wrong.

But Rector Morgan still needs to pay attention to Daqian.

It doesn’t matter if it doesn’t look at it. I was shocked when I saw it. The construction progress of Daqian’s battery swap station has exceeded 50%, reaching 51%.

"These Chinese people are also terrifying. The progress is so exaggerated. They also said that the entire construction process is expected to take two and a half years, but it took only half a year to be 51%. Wouldn't it be possible to complete all the battery swap station construction by the end of 2008!" Reckett Morgan felt a headache. Daqian was too cunning. He actually surpassed so much when he was busy with other things, which made Reckett Morgan very distressed.

"But it doesn't matter. The progress has reached 50%, which means Daqian has invested at least more than $100 billion. It's impossible for him to cut off his arm now, and I can start bleeding him!!" Rector Morgan showed a vicious smile.
Chapter completed!