Rebirth of the Strongest Tycoon
Vol 3 Chapter 1393: Then pull Morgan into the water
Leonard Mellon found Xia Yu in the hospital. Xia Yu was accompanying Sandi to the hospital to visit the old Mellon who was still unconscious.
"Leonard, what's the matter?"
"What difficulties have you encountered again?"
Seeing the irritable expression on Leonard Mellon's face, Xia Yu took the initiative to come to the chair in the aisle with Leonard Mellon and asked why.
Leonard Mellon told the truth: "After executing that strategy, the situation has improved a lot."
"Especially after the Cleveland consortium retreats, it has driven many forces to retreat."
"But there is still one biggest obstacle, and that is the Rockefeller Foundation."
"David Rockefeller has never given up infiltrating us, causing us a lot of trouble and pressure."
Xia Yu's expression has also become a lot more serious, after all, David Rockefeller can be said to be at the top of the United States.
"What the **** is the situation, don't worry, there will always be a way."
Xia Yu said slowly, and his calm tone also affected Leonard Mellon.
Leonard Mellon took a deep breath and continued: "In fact, the main thing is that the four companies have gone wrong."
"They are the Bank of New York, Pittsburgh National Bank, Martin Marietta and Westinghouse Electric Company."
Hearing this, Xia Yu couldn't help shaking his brows.
Good guy, David Rockefeller is cruel enough to start, these four companies are the key points of the Mellon Consortium!
"At present, Chase Manhattan Bank is trying its best to buy shares of New York Ying, and New York Morgan Trust Company is trying its best to buy shares of Pittsburgh National Bank."
"Lockheed has issued a takeover offer to Martin Marietta and wants to acquire Martin Marietta by cash + equity."
"On the Westinghouse Electric Company side, the Rockefeller family wants to take the opportunity to increase their shareholding and try to completely control the board of directors."
"Martin Marietta has been controlled by our family before, with a cumulative shareholding ratio of 42.3%, while Lockheed is a company controlled by the Rockefeller consortium. Now the other party sends out news of mergers and acquisitions, which is attractive to other shareholders. It must be huge."
"The Rockefeller consortium itself has a cumulative shareholding of 33.8% in Martin Marietta."
"Once we merge with cash and stocks, then we will be marginalized. The combined company will thoroughly implement the will of the Rockefeller Consortium, and our shareholding will be meaningless."
"..."
Following Leonard Mellon's account, Xia Yu also realized the severity of the situation.
Let me talk about Chase Manhattan Bank and New York Morgan Trust Company, both of which are commercial banks.
In terms of total assets and deposits, Chase Manhattan Bank ranked fourth in the United States, and New York Morgan Trust Company ranked fifth!
New York Morgan Trust Company, although there is the word Morgan, in fact, this bank has been under the control of the Rockefeller family since the 1960s, and David Rockefeller has also served as the chairman of the board for many years!
The top five major banks in the United States, with the exception of Bank of America, First Citibank and Wells Fargo, the Rockefeller Consortium controls two, which shows the power of the Rockefeller Consortium in the financial field.
Now these two banks are each targeting a bank of the Mellon Consortium, and it is normal for the Mellon family to cause huge troubles.
The current situation of Martin Marietta and Westinghouse Electric is actually the same.
In the final analysis, other shareholders saw that the Mellon family had lost power, and when they were in their heyday, they were much worse than the Rockefeller family, and now it is normal to be on the fence.
just this way, it caused a huge trouble to the Mellon family.
Once the Rockefeller consortium is nailed into the Bank of New York and the National Bank of Pittsburgh, the Mellon family will be greatly restrained.
The contraction strategy that has been set before will not be completely completed.
The defensive barriers are not completely built, so the future development of the Mellon family and the Mellon consortium will be greatly restricted.
For Leonard Mellon, he will not be able to fully establish his prestige this time, which will have a huge negative impact on his plan to become the head of the Mellon family.
So he can't help but not nervous.
"Xia Yu, what do you think I should do?"
Facing Leonard Mellon's scorching gaze, Xia Yu lowered his head to think, his brain was running fast.
Suddenly, he asked Leonard Mellon: "Leonard, among the Bank of New York and the National Bank of Pittsburgh, besides you and the Rockefeller consortium, which party has the most influence?"
Leonard Mellon blurted out: "Of course it is the Morgan Consortium!"
"I can't buy the equity held by the Morgan Consortium, and neither can the Rockefeller Consortium."
"If I can get a series of equity in the Morgan Consortium, then the Rockefeller Consortium can directly declare failure."
Xia Yu knew it, and the corners of his mouth curled up.
He asked the second question again: "So for the acquisition of Martin Marietta and Westinghouse Electric Company, the Rockefeller Consortium also used the funds of Chase Manhattan Bank and New York Morgan Trust Company?"
Leonard Mellon nodded and replied: "Yes, I have already investigated, and that is the truth."
"The third question!"
"Do you have any equity in Chase Manhattan Bank and New York Morgan Trust Company?"
This question is the most critical. Xia Yu guessed that there should be it. After all, it is normal for the consortium to infiltrate each other. With Richard King Mellon's wisdom, it would not be unexpected.
As expected!
Leonard Mellon thought for a long time, nodded again and said, "Yes."
"A total of 4.12% of Chase Manhattan Bank and 8.72% of New York Morgan Trust Company."
"I remember my father told me that in 1959, jp Morgan was promoted to merge with the New York Guarantee Trust Company. At that time, my father took the opportunity to obtain a part of the equity, and then gradually obtained scattered equity."
"It's just that I have a 3.5% stake in the company, and I got a seat on the board of directors. The remaining shares are scattered and hidden."
"Then there is no problem, there is a way!"
Xia Yu said with a light smile.
Leonard Mellon was very surprised: "Is there really a way?"
But he is not stupid. When Xia Yu was so little allocated, he was surprised: "Xia Yu, do you mean to use these shares to exchange shares with the Morgan family?"
Xia Yu shook his head slightly, and said slowly: "It's not just a share swap, but the Rockefeller family has to make trouble!"
"At present, only the Morgan family can check and balance the Rockefeller family."
"Let John Chris Morgan fight David Rockefeller, the Rockefeller Foundation will naturally not put most of its energy on you."
"Other walls are not good, and they won't immediately fall to Rockefeller's side."
"Of course, and more importantly, you can ask the Morgan family for help to counterbalance the Rockefeller family. I think John Chris Morgan will definitely be happy to do this."
"He would never want to see the Rockefeller Consortium control your Mellon Consortium!"
"Even if it's only possible, he wouldn't want to see it!"
"By the way, I have a 3.12% stake in Morgan Trust Company in New York, which can be transferred to you together."
"Plus your 8.72% equity, the total is 11.84%."
"The original intention of Morgan Stanley was that when the "Glass-Steagall Act" was revoked, Morgan Stanley could return to the embrace of JP Morgan and restore the glory of Morgan Bank."
"Although the "Glass-Steagall Act" has not been revoked, when the old Morgan was alive, he always wanted to regain the New York Morgan Trust Company. As long as John Chris Morgan could get our equity, he would Can surpass the Rockefeller family in holdings."
"Even if they can't immediately regain control of Morgan Trust in New York, it is the best time they hope!"
"This is the key to John Chris Morgan!"
Xia Yu's words made Leonard Mellon completely clear the cloud.
The sadness on his face disappeared, and he even showed a relaxed smile.
"So, am I going to see John Chris Morgan?"
Xia Yu nodded slightly: "That's right!"
"Holding these chips, you can definitely convince him, but if you want to maximize your benefits, you need to look at your performance!"
"If you want to become the head of the Mellon family, you must talk about it this time at UU Reading www.uukavanshu.com, and there must be enough results. The more results, the more help you will be!"
Leonard Mellon was embarrassed when he heard this, very tangled.
John Chris Morgan is twice his age, and he is a famous financial genius, the head of the Morgan family, and the master of the Morgan consortium!
Before his father Mellon had met with John Chris Morgan many times, he was accompanied by him, and he had personally experienced the power of John Chris Morgan.
Let him go talk to John Chris Morgan...
To be honest, he wants results and positive influence.
But... he has no confidence!
The more I think about it, the more irritable Leonard Mellon is, and he can’t help sighing.
Just when he was in distress, he saw Xia Yu, who was calm and calm, and his inspiration flashed.
Yes, even though the brother-in-law in front of him is younger than him, he is a figure his father admits is not inferior to him.
So it can be inferred that Xia Yu should not be much worse than John Chris Morgan.
So...
"Xia Yu, would you like to take...er... with me?"
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