The Iran-Iraq War has already broken out, and oil futures are on a path of skyrocketing prices. All Xia Yu needs to do is instruct the Galaxy Fund to flee at the price he deems appropriate.
As for the election, it was gradually becoming clear that Ronald Reagan was gaining the upper hand. Both Jimmy Carter and the Democratic Party were jumping around in a panic, looking for a chance to turn the tables.
The best chance to turn the tables would undoubtedly be a hostage crisis. As long as the imprisoned hostages were rescued and his strong-arm tactics were demonstrated, there was still a certain chance.
However, Xia Yu knew very well that the Republican Party also knew exactly what the Democratic Party was thinking, so they would definitely do their utmost to obstruct.
With the influence of the Rockefeller consortium in the Middle East, it is simply too easy to try to pull a fast one and hold Jimmy Carter back.
Furthermore, although there are more Democratic Party seats in the House of Representatives, the Republican Party is the majority party in the Senate. Jimmy Carter is now a veritable lame duck president.
As long as the Republican Party leader Benjamin Carr does a good job of ideological work within the Republican Party, even if Jimmy Carter's rescue plan can pass the House of Representatives, it will be rejected by the Senate.
There is only a month or so left until the end of the election, and the Republican Party can withstand the pressure.
No matter how the media of all stripes create suspense for the sake of sales and positions, they cannot change the fact that Ronald Reagan will ultimately win.
Therefore, Xia Yu has no need to worry at all. He only needs to wait for a while and attend Ronald Reagan's celebration banquet.
Xia Yu, who had suddenly relaxed, spent a few days in New York, taking the opportunity to calmly sort out his business empire in the United States and make any necessary adjustments.
As he did so, Xia Yu suddenly realised that his business in the United States was already quite substantial. In the financial sector, he had five flagships: Galaxy Fund, Jiuding Securities, Polaris Capital, Bridgewater Associates and Tiger Management.
The first three were obviously related to him, while the latter two were hidden from the public eye.
As for companies such as Philip Brothers, Salomon Brothers, and GEICO Insurance, they are either under the banner of Polaris Capital or Galaxy Fund.
Other acquisitions or investments in a series of retail, biomedical, and technology companies in the United States are also almost under the banner of Polaris Capital.
Although these acquired companies are still in their infancy, if you add them all up, Polaris Capital can be considered a small consortium. As long as these invested or acquired companies rise, Polaris Capital can quickly rise to become a large consortium.
This was Xia Yu's original plan, to create a subsidiary of the Jiuding consortium in the United States, but it would be relatively independent, which would facilitate development.
After sorting things out, Xia Yu realised that the Polaris Consortium still lacked the most important thing: a bank, the financial core of a consortium!
Due to its functions, GEICO Insurance Company could not serve as the financial core.
'While most of the companies under Polaris Capital still need some time to rise, it is the perfect time to acquire a small or medium-sized bank with potential, so that these companies and the bank can complement each other and grow together!'
As for acquiring a large bank?
Xia Yu gave it some thought and temporarily gave up on the idea, because he knew that all the major banks nowadays have owners, and even if they are not controlled by the top ten American consortia, they are controlled by other consortia.
After all, the United States is a country where consortia run rampant, and there are still quite a few large consortia under the halo of the top ten consortia.
Although many small and medium-sized banks are also controlled by the top ten consortia, it is much more difficult to acquire them than large banks.
Of course, if it were possible to acquire a major bank, he would definitely try.
With this in mind, Xia Yu immediately ordered his subordinates to book a flight to San Francisco.
He needed to acquire a bank in the West, preferably in San Francisco, so as to be in line with the positioning of the Polaris Consortium and to better enable the Polaris Consortium to gain a foothold.
The Eastern consortium is pushing together, with seven of the ten largest US consortia in the East, there are too many established forces, and the cake is basically divided up, so competition is particularly fierce.
Moreover, the eastern consortia are all powerful family-owned consortia, such as Rockefeller, Morgan, Mellon, and DuPont.
The cohesion and execution of these consortia are incomparable to ordinary combined consortia. His Polaris consortium will have a hard time emerging here, and even if it does, it will be targeted by this group of crocodiles. Xia Yu is not at ease with this, unless he is always in the United States to watch over it, but this is obviously impossible!
Therefore, the eastern states were ruled out from the start.
In this way, the second largest continent in the United States, which is currently almost as powerful as New York State, the core of the west, California is the best choice.
Not to mention that California's total economic output ranks first in the United States in later generations, with considerable potential, fertile soil, and suitable for large consortia to take root and grow.
Moreover, the Western consortium is a late-rising star. Apart from the top ten consortia, the only other one that can hold its own is the California consortium. Although the California consortium currently ranks third in the United States in terms of total assets alone.
However, more often than not, the California consortium still has to join forces with the Chicago consortium in the Midwest and the Texas consortium in the south to keep warm and resist the attacks of the Eastern consortium.
Xia Yu knows very well that even if these three consortia join forces, they will still find it difficult to resist the attacks of the Eastern consortium.
Just like today, the Chicago Consortium has been seriously infiltrated by the Rockefeller and Morgan consortia, and there is a trend for both to compete openly. The forces that make up the Chicago Consortium, such as the McCormick, Wood and Crown families, are on the verge of being overwhelmed.
As for the Texas consortium, although it cooperates closely with the California consortium due to the military industry, it is closely linked to the Rockefeller consortium due to the oil industry, which is another pillar. It is destined to be a traitor and unreliable.
Therefore, the capital strength of the western United States is far inferior to that of the east, making it more suitable for the Polaris consortium to grow.
Although California is the territory of the California consortium, and San Francisco is the sub-centre of the California consortium second only to Los Angeles, Xia Yu was not intimidated in the slightest.
After all, it was currently the second largest state in the United States after New York, and there was still room for another major consortium to establish a foothold.
Even if the California consortium was a consortium with formidable financial strength, if they really wanted to take on Xia Yu in the financial sector, Xia Yu was still confident that he could win, even if it was a 50-50 split.
Two days later, Xia Yu arrived in San Francisco again. This time, he told Peter Lynch not to pick him up at the airport and to use the time to gather information on the banks in the West.
After returning to San Francisco, Xia Yu returned to his luxurious villa in the wealthy Atherton district of the San Francisco South Bay. After a brief rest, he went to Polaris Capital, which he had not visited in a few months, and met Peter Lynch waiting at the door.
'Good morning, boss!'
'Peter, it's been a long time. You've worked hard.'
'Not at all. It's my responsibility.'
'Show me around the company. It seems to have changed a lot since I last saw it a few months ago.'
'Sure, come with me.'
...
After a brief exchange of pleasantries, Xia Yu and Peter Lynch walked upstairs together.
After a brief tour, which took Xia Yu more than half an hour, he was very satisfied with what he saw.
Although the 30-storey office building had been bought by Polaris Capital, most of the floors had previously been rented to other companies, and Polaris Capital did not occupy many floors.
However, by now, Polaris Capital had occupied more than half of the floors, reaching 16 floors, and the tenants of the remaining 14 floors were gradually being cleared out.
The fact that the floors are being used more obviously means that the number of employees has increased.
Compared to the beginning, the number of staff at Polaris Capital has increased by more than ten times. However, Xia Yu found that the company was in perfect order and there was no sign of the chaos that can arise when a company suddenly grows in size.
This is a testament to Peter Lynch's superb management skills.
Finally, Xia Yu arrived at his office.
Although he hadn't been here for a long time, his office was still spotless, and the green plants in the corner were fresh and vibrant. Peter Lynch said in due course, 'Boss, while you were away, someone cleaned your office every day.'
Xia Yu nodded with a smile, "Well, I'm very satisfied.'
After that, Xia Yu went to the sofa and sat down. Peter Lynch then said, "Boss, just a moment, I'll go get you some documents.'
With that, Peter Lynch left the office.
After about a minute, his figure appeared again, with two more folders in his arms.
Peter Lynch came to Xia Yu, handed him the two folders, and said, 'Boss, these two folders, the top one has all the information about the company and a brief development log, and the bottom one has the information about the Western Bank you need.'