Chapter 487: 184.
Those figures who once influenced Arican history_4 Chapter 487: 184.
Those figures who once influenced Arican history_4 Charles Mitchell laughed heartily and said, “Then I shall personally welco Mr.
Block at the entrance of Citibank!”
While they were exchanging pleasantries, young Rockefeller walked over.
“Charles, I didn’t expect to see you again so soon!”
Charles Mitchell smiled and said, “Seeing Mr.
Rockefeller here doesn’t surprise in the least!”
In response to Morgan, the Rockefeller Family had actually already made so strategic moves on Wall Street, one of which was investing in Citibank.
During the Stillman era, old Rockefeller had beco a shareholder and board mber of Citibank already!
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The banking industry in New York during this period was also known as the “little circle ga,” where typically an individual would serve on the boards of several banks simultaneously, which is one of the reasons why the Arican banking industry, whenever it ran into trouble, would instantly affect a large segnt of the market!
Moreover, this situation made the New York banking industry a tight-knit circle, where insiders could share the banking cake.
If newcors entered, they would carve out a piece of their cake, so establishing a new bank in New York was an endeavor more difficult than starting from scratch in hell.
Indeed, over these twenty years, the banking sector in the United States hadn’t fared well, with over 500 small and dium-sized banks going bankrupt.
Beyond operational issues, these failed banks had another major problem: they couldn’t genuinely integrate into this circle.
Even in the boardroom of Breton Bank, a bank that hadn’t gone public, you could find the presence of llon and Morgan.
Everyone was already intertwined!
This was a complex web that even the most renowned economists couldn’t untangle!
That’s why even the Rockefeller Family, one of the top families in the United States and a shareholder in Citibank, still struggled to truly hold absolute sway over Wall Street.
Rockefeller wanted to invade Morgan’s stronghold, Wall Street!
Morgan wanted to penetrate Rockefeller’s bastions like oil, steel, and other industrial sectors!
Nonetheless, they were both making headway bit by bit, seeking cooperation amidst competition and vice versa.
Rockefeller laughed heartily and said, “Of course, Donnie and I are good friends, and now also partners.
Today marks the grand opening of Donnie’s Surf Hotel, launching a new chapter in the United States’ “spinach” industry, and I had to co over to celebrate!”
Thus, Donnie’s circle was always changing, and others were constantly updating their own social circles.
Although such parties were a showcase of acting talent, it was undeniable that they often paved the way for potential business collaborations.
At this mont, only Walker remained by Donnie’s side.
It was then that Walker ntioned sothing to Donnie.
“I’ve recently heard a rumor,” Walker said with a solemn expression.
Donnie looked puzzled, “What rumor?”
Walker said, “I’ve heard that soone on Wall Street wants to stir up trouble during ABC’s IPO!”
Donnie frowned.
The ABC IPO was a grand event for everyone involved, a ti to share the cake.
Now if soone wanted to cause trouble over this, it would be tantamount to declaring war against all of ABC’s partners.
What sort of thinking would lead soone to devise such a plan?
Having realized these things, Donnie waved his hand and laughed, “Probably just so gossip, no one has that energy, nor does anyone have that guts!”
Walker suggested, “At first, I thought the sa thing, but there is a chance that so people might know about it, and have your business partners ntioned anything about this to you?”
Walker’s words hit Donnie like a sledgehamr.
Right, regardless of whether it’s true or false, as long as the rumor is spreading, shouldn’t his business partners be warning him?
Why hadn’t any of them said a word?
Donnie looked around at everyone in the banquet hall; each person had a smile on their face, engaging warmly in conversation with those around them, even bursting into hearty laughter when amused.
At least on the surface, there were no signs of scheming or conniving.
Compared to everyone in the banquet hall, Donnie trusted Walker’s word alone more.
So what if it was true?
Could he assu that these people had tead up?
If that was the case?
“Who told you about this, and how did it spread in New York?”
Walker said, “Heard it from soone at a banquet; I can’t recall who exactly at this mont, but after learning about it, I also asked so friends.
Those who knew about it couldn’t trace how the news got out, only that a handful of people in New York are aware!”
Seeing that Donnie did not respond, Walker inquired, “If it’s true, should the listing of ABC be delayed?”
Donnie shook his head, “Can’t delay, the listing of ABC is already at a critical point!”
“But what if it’s true?”
Walker asked earnestly.
Donnie continued shaking his head, “I don’t know yet, because I can’t identify who my opponents are, but if it is indeed true, then the only thing they can do is suppress ABC’s stock price during the listing, or even make it plumt below the issuance price.
But if that’s the case, wouldn’t these people also suffer losses?”
“Could it be that they want to use this opportunity to wrest control of ABC from your hands?”
Donnie shook his head, “No, current United States law doesn’t mandate shareholders to own a certain amount of stock in a listed company.
I’ve done the math, even if these people join forces, and including those shares sold on the secondary market, they wouldn’t have more than !”
Walker scratched his head, “Then what exactly does the other party want to do?”
Donnie first nodded and signaled to soone greeting him with a smile, then said, “Now is not the ti to talk about these things.
Let’s discuss this in detail after the Surf Hotel opens!”
Walker said, “Alright, but don’t worry too much about it.
Perhaps it’s just a rumor!”
Donnie nodded.
At this point, a strong sense of crisis arose within him again.
ABC was his ace card; he couldn’t afford any mishap.
And at this mont, Donnie was sure that most of the people in the banquet hall were figures notable in the history books, each capable of altering the course of Arican history.
Now here they were, and it was unknown whose fangs were starting to stir!
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