Chapter 485: 184.
Those figures who once influenced Arican history_2 Chapter 485: 184.
Those figures who once influenced Arican history_2 The Rockefeller family faced multiple business challenges during William Howard Taft’s presidency.
“Mr.
Rockefeller, let introduce you to another important shareholder of our Surf Hotel!”
Donnie nodded to Robert Stewart and others, then led the younger Rockefellers to another focal point of the evening.
This was Nucky’s stage, where guests from both sides were in attendance for tonight’s party.
Nucky, who was busy entertaining his own guests, smiled and nodded to his friends before stepping forward to greet Donnie and the young Rockefellers.
...
“Nucky, this is Mr.
John Rockefeller and this is his wife, Mrs.
Abby Rockefeller.
Mr.
Rockefeller, this is Mr.
Nucky from Atlantic City!”
Though Nucky had never t the young Rockefeller, he had seen his photos and marveled at Donnie’s influence, given that the second-generation head of the Rockefeller family, who rarely attended such events, was also present.
Such thoughts were fleeting as Nucky reached out his hand with a smile, saying, “Mr.
Rockefeller, pleasure to et you.
I’ve been to New York several tis and had always hoped to visit the Rockefellers, just never found the right opportunity.
Now we finally et!”
The young Rockefeller also smiled, “Mr.
Nucky is too kind.
Next ti you’re in New York, give a call.
I’ll be delighted to host you!”
Seeing that the two had struck up a conversation and were no longer strangers, Donnie left with Helen, knowing he couldn’t stay too long with anyone at tonight’s event.
Just then, Charles rrill from rrill arrived in the hall, accompanied by a young man of similar age!
“Donnie, let introduce to you, this is the son of Mr.
Sachs, Walter Sachs!”
Walter Sachs politely shook hands with Donnie, “Mr.
Block, I’m terribly sorry.
My father is getting on in years and tonight’s occasion doesn’t suit him well.
Before I ca here, he made sure to ask to extend his sincerest apologies to you!”
Walter Sachs was quite surprised by Donnie’s youth; at just over twenty years of age, he had already reached such a level of wealth, and one could only imagine what his future achievents might be.
Of course, for Walter Sachs, this was not the most important thing—he was very confident in himself and believed he could lead Goldman Sachs to beco a behemoth on Wall Street.
Wall Street was already aware that Seymour Sachs was preparing Walter Sachs to take over and continue to lead Goldman Sachs.
As a shareholder in Goldman Sachs, Donnie’s support would be crucial for Walter Sachs to secure his position.
This was the reason Seymour Sachs sent Walter Sachs here.
“Mr.
Sachs is being too polite!”
Donnie said with a smile.
After exchanging pleasantries, George Whitney from Morgan, William llon from llon Bank, and Irving Young from General Electric also arrived at the party hall, naturally gathering together.
After praising the luxury of the Surf Hotel and expressing their intentions to vacation there in the future, like Donnie had done with the four major oil companies earlier, they discussed their common business ventures.
ABC going public!
“Irving, General Electric really has a keen eye.
Now many colleagues on Wall Street are praising it, considering General Electric’s early investnt in Atlantic City Broadcast to be the most successful investnt of the century!”
It was evident that Walter Sachs had a good relationship with Irving Young; upon seeing him, Sachs teased him, though his jokes were laced with envy.
General Electric had invested $10 million in ABC, which was still Atlantic City Broadcast back then, for a 30% stake.
Just a little over a year later, ABC’s valuation had already reached $60 million US dollars.
That ant this single investnt had yielded a sixfold return for General Electric.
Such an investnt was sothing to be proud of for any company.
As the main orchestrator of this deal, Irving Young was naturally held in even higher regard within General Electric.
At this mont, it was impossible for Irving to play coy!
“Haha, actually, I still get chills thinking about it.
If we had accepted Westinghouse’s investnt back then, I don’t know how I would’ve faced the board’s censure!”
George Whitney also laughed, “I don’t know about the others, but I would definitely advise our board to seriously question why you didn’t agree to Donnie’s terms back then!”
Irving said, “That’s why I said thinking back on it still scares .
I really worry that the board would confront at ho!”
“Now that we’re all partners, I hope to hear even better news from the NYSE next month!”
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