Chapter 831: Being taken for a sucker

Philip Brothers, established more than seventy years ago, is a large and well-known listed financial institution on Wall Street, with a market value of more than forty billion US dollars.

What supports its high stock price is its strength and position in the commodity futures trading market.

Phillip Brothers is currently the world's largest commodity futures trader, with branches in 45 countries and trading more than 160 commodity varieties.

It can be said that when Phillip Brothers stamps its feet, the futures industry shakes.

The reason why Phillip Brothers has been able to grow to this point is inseparable from the efforts of the late brothers Gavin Phillip and Jess Phillip, but Phillip Brothers' growth to this point is also inseparable from the help of the Jewish community.

Yes, Phillip Brothers are both of Italian Jewish descent, and they came to the United States at the beginning of this century to work hard. During this period, they received help from the Jewish community on Wall Street, which enabled them to rise rapidly.

Naturally, the shares of the Philip Brothers Company are also distributed among various Jewish families, with the largest share being held by the Philip Family Foundation, which holds 27.8% of the shares.

However, since the death of Philip Brothers, although there have been many elites in the Philip family, none of them have the ability to take charge of the Philip Brothers Company.

Therefore, after separating from its founder, the Philip Brothers Company has followed the path that most American companies take, looking for outstanding partners to lead the Philip Brothers Company to continue to grow.

Over the course of more than ten years, the Philips Brothers Company gradually faded from its family roots, but the relationships within it became increasingly complex, even becoming involved in the struggles of various major family conglomerates, as can be seen from the list of shareholders of the Philips Brothers Company.

Who would have thought that the Philips Brothers Company would be the largest commodity futures trading company?

It was a clear day, a perfect day for golf.

Albert Raphael, director, executive vice president and general manager of the rare metals investment department of Philipp Brothers, arrived at the New York Golf Club in a low-key manner.

Here, he met an elderly man with curly blond hair in a suit, Heda Allen, director of the First National Bank of Chicago, who had asked him to meet him.

'Albert, it's 8:59:30, you were almost late,'

Heda Allen joked as she shook Albert Raphael's hand.

Albert Raphael shrugged and laughed, 'But I'm not late yet, am I? Heda, you know, I'm always on time!'

'OK, that's really on time, let's go,'

Heda Allen laughed nonchalantly, and the two of them then walked together towards the reserved 8th tee.

In no time at all, the two of them had changed into their sportswear, picked up their clubs and headed out onto the green to play a round of golf while chatting away.

Albert Raphael asked about the investment intentions of the First National Bank of Chicago and the specific situation within the bank, while Heda Allen was interested in the internal situation of the Philip Brothers Company.

The two seemed to be chatting freely about this information, which was not to be disclosed.

Of course, if you know the relationship between the two, it's understandable.

Albert Raphael is a director of Phillip Brothers, but his directorship was given to him by First National Bank of Chicago, because First National Bank of Chicago holds 5.4% of Phillip Brothers' shares.

Therefore, Albert Raphael is a representative of First National Bank of Chicago, and he is obliged to let First National Bank of Chicago know the specific situation of Phillip Brothers.

As they chatted, Albert Rafael asked Heda Allen what she really wanted, not believing that she had simply flown in from Chicago to invite him to play golf.

'Heda, is there any company orders I need to follow?'

Hilda Allen did not reply immediately, intently gazing into the distance at the hole. After finding the right position, she looked again at the golf ball on the grass, swung the club with lightning speed, and followed the white ball with her eyes as it soared.

'Wow, it's in. Hilda, your golfing skills have improved again,'

Albert Raphael exclaimed.

Hilda Allen smiled, picked up the towel draped over her shoulders to wipe the sweat from her face, and said to Albert Raphael, 'Albert, the company needs you to get rid of someone.'

Albert Raphael's curiosity was piqued.

First National Bank of Chicago is the second strongest of the four financial cores of the Chicago Consortium. Isn't the bank's focus currently on developing commercial loans and the bond market? Why did he suddenly receive such an order?

Who exactly was behind this?

The internal chaos within the Chicago Consortium now came to mind: the Rockefeller Consortium, the Morgan Consortium, the McCormick family, the Wood family, and the Crown family...

At this, Albert Raphael's head instantly grew large, and he shook his head slightly to clear these unrelated matters from his mind.

Who cares whose idea it is, he pretended not to know, and just execute the order.

'Hilda, tell me, what exactly is the situation? I need to see if I can help. You know, there are obvious factions within the Philip Brothers company, mainly Jewish ones. They are too clever. Although I am the company's vice president, I don't have the final say in many areas.'

Albert Raphael said helplessly, laying down the gauntlet first.

Hilda Allen smiled and said, 'If you can't do it, I won't ask you.'

'There is a target, and we are doing a lot of advanced copper futures and aluminium futures on the New York Mercantile Exchange, and the amount of capital is not small. This is a fat lamb that has only entered the US futures market this year. As long as it is operated well, it can obtain huge profits for Philip Brothers.'

Albert Rafael's gaze sharpened, and he asked, 'Which company is it? Let me see if I know.'

He is the general manager of the rare metal futures investment department of Philip Brothers, and each type of metal futures is invested in by a different department under him, so he can take action on the senior copper futures and aluminium futures mentioned by Heda Allen.

'Have you heard of the Milky Way Fund? It is a Chinese-founded subsidiary in New York,'

Heda Allen introduced.

Albert Rafael frowned. The first feeling was that it was a bit familiar, but he couldn't remember after thinking about it.

But he was sure that he had definitely seen information about the Milky Way Fund somewhere before, perhaps when a subordinate submitted a document for approval.

'I seem to have seen it somewhere, I'll have to go back and find out more.'

'Of course, if it really is a Chinese company that just came to the United States this year, as you say, then I don't think it will be difficult. I hope that this company is really a fat lamb, as you say. This year, the gold futures, which ranked first in metals, and silver futures, which ranked second, have exploded one after the other. I urgently need new revenue to support my performance.'

Albert Raphael said with some helplessness.

Hilda Allen laughed and said, 'You don't need to investigate anymore. To save time, I've already brought the most complete information, you can take a look.'

With that, he turned around and went back to the lounge area, took out a document wrapped in kraft paper from his briefcase, and handed it to Albert Raphael.

Then he went into the room, poured a cup of coffee, found a chair and sat down, sipping it slowly.

Albert Raphael sat down next to Heda Allen and slowly opened the information in his hands.

The more he read, the more surprised he looked.

This Chinese branch is really not to be underestimated, no wonder Heda Allen came to find him in person.

'It seems that it involves another high-level battle,' Albert Raphael thought to himself.

After reading it, Albert Raphael pondered for a while and asked, 'Heda, to what extent do you need me to do it?'

Heda Allen put down the coffee, looked the latter in the eye, and said seriously, 'Albert, the company only has one requirement: to use advanced copper futures and aluminum futures to attract as much of the Galaxy Fund's capital as possible, then reap it all at once, and blow up the Galaxy Fund, the worse the better!'

If this request from Heda Allen can be successfully completed, it will undoubtedly be greatly beneficial to the Philip Brothers Company, and with the help of huge profits, it will also add a lot of merit to him. There is no reason for him to refuse, no matter how you look at it.

Of course, Albert Raphael did not underestimate the risk, but he did not pay too much attention to it either.

There are risks in investment, but the size of the risk can be influenced. The key still depends on strength.

Albert Raphael is confident that the Galaxy Fund cannot match the powerful Philip Brothers Company.

'OK, Heda, just you wait and see, I'll teach them a lesson,'

Albert Raphael said with a meaningful smile.

'Albert, I look forward to your performance!'